Thursday, February 07, 2008

House Follows Senate Today In Approving $151 Billion Economic Stimulus Plan - President Bush Signals He Will Sign It

House Follows Senate Today In Approving
$151 Billion Economic Stimulus Plan -
President Bush Signals He Will Sign It
Thursday, February 07, 2008
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FoxNews.com brings us this bit of good news tonight and it starts off like this... The Senate passed the economic rescue plan earlier Thursday. The 81-16 vote capped more than a week of political maneuvering that ended only when majority Democrats dropped their demand that the proposal offer jobless benefits, heating aid for the poor and tax breaks for certain industries... GOP senators blocked those ideas, but agreed to add the rebates for older people and disabled veterans to a $161 billion measure the House passed last month... House leaders said they would act as early as Thursday night to send the measure to President Bush...
Read the rest HERE

* Bloomberg.com has this take on the story tonight... The U.S. Congress gave final approval to a $151 billion economic stimulus package that will send tax rebate checks to more than 100 million households in an effort to boost the slowing economy... In an 81-16 vote, senators agreed to add rebates for 20 million senior citizens and 250,000 disabled veterans to a measure previously approved by the House. That chamber approved the revised bill 380-34 less than three hours later, sending it to President George W. Bush for his signature. Bush signaled he would sign the measure...
Read the rest at link below...

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