Senate Passes Taxpayer Subprime Bailout
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Get out your checkbooks. The bailout plans need you.
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The shadow of an FBI investigation spread across the subprime mortgage crisis on Tuesday, while the U.S. Congress moved closer to emergency relief for millions of distressed homeowners.
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The bill approved Friday by the House and Senate would sharply cut subsidies to lenders and increase grants to needy students.
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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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Sovereign wealth funds from the likes of Abu Dhabi, China and Singapore are quietly bailing out the West's subprime crises.
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With bipartisan support, the Senate Finance Committee yesterday approved a $157 billion economic stimulus plan that rivals the measure fashioned by President Bush and House leaders, setting up a Senate showdown today that could determine who will receive rebates from the federal government and how...
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Election year politics result in the passing of a multi-billion dollar tax cut package. The Senate overwhelmingly approved the measure 92-3 last night.
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Congress approved an economic stimulus package. The Treasury Department pressed lenders to reset mortgage rates for millions of troubled homeowners. And New York's insurance regulator is attempting to bail out a critical sector of the industry.
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The 69-17 roll call by which the Senate voted Monday to approve a &#36;136 billion corporate tax bill.
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The U.S. Senate voted on Friday to cut federal subsidies to college student loan firms, such as Sallie Mae, by $18.3 billion, redirect savings to student grants and ease some student loan repayment terms.
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WASHINGTON, DC -- The Senate struck a deal Monday to allow passage of a sweeping corporate tax bill. The agreement on that and two other measures clears the way for the Senate to adjourn on Monday and hit
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The Senate on Friday overwhelmingly  passed legislation to expand the nation's largest federal  homeownership program in a move that could help struggling  subprime borrowers avoid foreclosure.
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The U.S. Senate voted on Friday to  cut federal subsidies to college student loan firms, such as  Sallie Mae , by $18.3 billion, redirect savings to  student grants and ease some student loan repayment terms.
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The Senate late Sunday resolved a dispute delaying passage of a sweeping corporate tax bill and two spending bills for disaster relief and homeland security, clearing the way for senators to adjourn Monday to hit the campaign trail.
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The Senate Finance Committee approved a $157 billion economic stimulus package on Wednesday that offers smaller tax rebates to more people than a plan passed by the House of Representatives.
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The Senate approved a measure Thursday to help shield businesses from major class action lawsuits like the ones that have been brought against tobacco companies, giving President Bush the first legislative victory of his second term.
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The Senate on Friday approved a $286 billion farm bill with an election-year expansion of subsidies for growers and food stamps for the poor.