US stimulus plan to be ready by early February: lawmaker

Democrats in Congress hope to approve a massive economic stimulus plan backed by president-elect Barack Obama by early February, House Majority Leader Steny Hoyer said on Sunday.

Democrats in Congress hope to approve a massive economic stimulus plan backed by president-elect Barack Obama by early February, House Majority Leader Steny Hoyer said on Sunday.

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"We certainly want to see this package passed through the House of Representatives no later than the end of this month, get it to the Senate and get it to the president before we break" for holidays in "early February," Hoyer told "Fox News Sunday."

The Democrat confirmed the size of the package would be in the "neighborhood" of 775 billion to a trillion dollars.