Congress Approves Stimulus Package
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Congress gave overwhelming final approval last night to legislation that would send government payments to most American households and grant tax incentives for business investment, sending President Bush a $152 billion stimulus plan for the faltering U.S. economy.
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Congress approved a $145.9-billion package of tax relief Thursday that extends three popular middle-class tax cuts, giving President George W. Bush his fourth major tax victory since taking office.
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The House on Saturday unanimously approved &#36;14.5 billion for hurricane victims and struggling farmers as Congress moved a step closer to showering money on Florida and other pivotal states in the upcoming elections.
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The House of Representatives on Wednesday gave overwhelming final approval to a bill that would ensure millions of middle income taxpayers do not become ensnared by a tax originally designed for millionaires.
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Congress yesterday approved a $447 billion defense bill with a military pay raise and new money for Iraq and Afghanistan. Underscoring the bill&#39;s
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Moving with lightning speed, the US Congress approved two billion dollars in emergency relief to hurricane-stricken Florida, a key battleground state in the upcoming presidential and congressional elections.
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Congress guaranteed the flow of Internet aid to schools and libraries and provided federal funds to upgrade emergency 911 services for calls from mobile phones in a communications bill approved Wednesday and sent to the president for his signature.
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Legislation to free hundreds of millions of dollars in subsidies for school Internet connections that had been frozen by a change in accounting rules won final approval on Wednesday from the U.S. Congress.
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Democratic and Republican leaders of the House of Representatives agreed on Wednesday to develop a bipartisan economic stimulus plan to help avert a possible recession.
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WASHINGTON -- Congress guaranteed the flow of Internet aid to schools and libraries and provided federal funds to upgrade emergency 911 services for calls from mobile phones in a communications bill approved Wednesday and sent to the president for his
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The White House and the Democratic-led Congress on Thursday reached a tentative deal on an economic stimulus package of tax rebates for families and incentives for business investment with a cost that a top Democrat said may exceed $150 billion.
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Economic stimulus proposals favored by Democrats, including tax rebates, extended unemployment benefits and a temporary increase in food stamps are cost-effective ways for Congress to try to boost the economy, the Congressional Budget Office said Tuesday.
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U.S. lawmakers and the White House have reached a tentative deal on an economic stimulus plan, an aide close to the negotiations said on Thursday.
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The White House on Thursday confirmed that an agreement had been reached with Congress on an economic growth package and said President George W. Bush was expected to make a statement later in the day.
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The House voted on Tuesday to approve a $146 billion fiscal stimulus package, but the bipartisan deal is at risk as Senate Democrats forged ahead with their own, more expensive plan and jockeyed over what to include in it.
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What's in Â and what's out of Â the economic stimulus package being considered by Congress. The Senate approved its version of the plan Thursday. House leaders planned to act as early as Thursday night to send the measure to President Bush.
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Lawmakers have given their final seal of approval to a $170 billion plan intended to spark the slowing economy.