Tuesday, January 29, 2008

House Seizes Rare Moment Of Bipartisanship And Overwhelmingly Approves $146 Billion Economic Stimulus Plan

Tuesday, January 29, 2008
The House, seizing a rare moment of bipartisanship to respond to the economy's slump, overwhelmingly passed a $146 billion aid package Tuesday that would speed rebates of $600-$1,200 to most taxpayers... The plan, approved 385-35 after little debate, would send at least some rebate to anyone with at least $3,000 in income, with more going to families with children and less going to wealthier taxpayers... It faced a murky future in the Senate, though, where Democrats and Republicans backed a larger package that adds billions of dollars for senior citizens and the unemployed, and shrinks the rebate to $500 for individuals and $1,000 for couples...

Read the rest at FOXNews.com

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