US Senate has approved the stimulus bailout package of $838 billion for overcoming the deteriorating economic situation. US Senate voted 63 in favour, while 61 opposed the stimulus bailout package. The stimulus amount of $819 billion was subjected to bitter criticism in the House of Representatives last week and the Senate members had given approval to this package but it was cut down to $780 billion from $819 billion, however it has now been increased to $838 billion.