House Approves Economic Stimulus Package

By: Associated Press Email
By: Associated Press Email

The House has overwhelmingly passed a $146 billion stimulus package that would speed rebates to most taxpayers.
The plan was approved 385-35, after little debate.
It would send rebates of between $600 and $1,200 to anyone with at least $3,000 in income.

Congressional leaders want to send the measure to President Bush
by February 15th, but the bill faces a murky future in the Senate.
There, both Democrats and Republicans want a larger package that
includes billions of dollars for senior citizens and the unemployed.
The Senate plan would also send checks to the richest taxpayers, who wouldn't get rebates under the House version of the bill.

The divergent plans could slow passage of the bill.
Some lawmakers from both parties are calling for the House version to be passed in the Senate and sent directly to President Bush, saying
that delays could hinder the bipartisan agreement.


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