WASHINGTON (AP) -- The White House says President Barack Obama and Democratic congressional leaders are on the same page about the urgent need to pass economic stimulus legislation.
According to a statement released late Monday, the president and key Democrats are also in agreement about seeking a bipartisan consensus.
The Senate has taken up its version of the legislation. That package now totals about $885 billion.
Senate Republicans are pushing a plan they say will drive down the cost of mortgages and make them more available. Their proposal would give banks an incentive to make loans at rates currently estimated at 4 percent to 4.5 percent.
The president says he's confident agreement can soon be reached on a package. But critics say the current proposal is loaded with too much non-stimulus spending.