BAIER: Well, it depends on who you ask whether the conference committee of the House and Senate lawmakers have really come up with a deal that everybody's happy with.

Obviously, not everyone is happy with it, as you heard from the House Minority Leader there, John Boehner.

What about the process and what is in this final bill? Some analytical observations from Bill Sammon, FOX News Washington deputy managing editor, Mara Liasson, National Political Correspondent of National Public Radio, and Mort Kondracke, Executive Editor of "Roll Call."

Mort, we know the conference committee is still hashing out some details. What's the latest as you know it?

MORT KONDRACKE, EXECUTIVE EDITOR, "ROLL CALL": They have reduced the size of the bill by $100 billion from what it was in the Senate version, and there is some cutback in school construction, but not entirely. The House Democrats fought to keep that largely in.

The president's "make work pay" provision I guess has been saved. They cut back on tax credits for auto purchases and housing. But they have kept in--to me, the most odious part of this bill, forgetting the pork, is the idea that they will spend $70 billion to fix the alternative minimum tax, which does zero for stimulus.

And everybody knows that it does zero for stimulus. It's just in there to help the Democrats solve their problem in the Senate with the blue dogs in the House who are insisting that it be paid for.

Look, this bill does nothing for post-partisanship, President Obama's favorite line. But it does have the virtue of clarity and responsibility. I mean, this is a 90 percent Democratic content package. It is 65 percent spending, 35 percent tax cuts.

And, so, if it works, the Democrats win and the Republicans lose, and vice versa.

BAIER: Mara?

MARA LIASSON, NATIONAL POLITICAL CORRESPONDENT, NATIONAL PUBLIC RADIO: That's clearly what Boehner is counting on, when you heard him before. And he says this isn't going to work, and they are assuming that if the economy is still bad a year and a half from now, they're going to be able to say "I told you so."

But, look, this bill is a compromise. It still has the level of tax cuts that the president started with, approximately one-third.

I think Mort is absolutely right about the AMT. If you strip it out, this bill is like $710 billion, which is actually smaller than economists on the left and right say is necessary to really reboot the economy.

So I think there is a chance that this thing is too small and maybe not sufficiently stimulative.

BILL SAMMON, WASHINGTON DEPUTY MANAGING EDITOR, FOX NEWS: Too small--where do I start? This is a $790 billion stimulus bill. And I think we have all become numb to these big numbers to the point of where if we get it under $800 billion, that's some kind of bargain. We went from $830 billion, which is where it was at in the Senate.

And we have to remember that back in September, Harry Reid was talking about a $50 or $60 billion stimulus bill. And it has grown into the hundreds, towards a trillion.

And so the goal posts have moved. Instead of being the goal posts from $50 billion to a trillion, which is really where they are if you look at the broad sweep of this, it's $790 to $838 billion. And we're supposed to feel good that we got it under $800 billion. I think it's a staggering number.

Mort used the word "clarity." I don't think I would use the word "clarity" to describe this bill in any way, shape, or form. There is stuff that's coming out of this thing. Every time you have another news cycle to look at the particulars, you get these unbelievable pork projects that just curl your hair.

So I'm not sure that "clarity" is the proper word here.

KONDRAKE: I wasn't talking about the clarity of the contents of the bill. I'm talking about clarity of ownership and responsibility.

And that's true. People are going to start combing through this bill and fining all kinds of junk. And one of the things that should have been done carefully was to take the junk out, the indefensible junk, which you're going to see more of spilling all over the street.

But fundamentally, look, the Democrats are responsible for this thing, and, as I said, if it works, they're going to triumph, and if it doesn't work, they're going to suffer.

BAIER: What about--last thing, Mara--the process here for this administration and how they have handled this as it comes to a head, probably a vote tomorrow afternoon?

LIASSON: Well, they decided that they would let the House Democratic leadership kind of run with this in its first iteration, although much of what the House Democratic leadership came up with was what the White House wanted.

And then at the end they worked hard, even though the president did a lot to change the tone and rule Republicans, in the end they did pretty much what President Bush used to do--pick off a few members of the other party--start with your own party, and then just pick out a few members, instead of building a true compromise from the center.