House leaders vow bipartisan economic stimulus
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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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The House, seizing a rare moment of bipartisanship to respond to the economyâs slump, overwhelmingly passed a $146 billion aid package that would speed rebates of $600-$1,200 to most taxpayers.
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The House voted to approve a $146 billion fiscal stimulus package, hoping to quickly seal a fast-paced deal with the Bush administration. But Senate Democrats forged ahead with their own, more expensive plan.
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Bloomberg - Jan. 25 (Bloomberg) -- The major Republican presidential candidates said an economic stimulus package proposed by U.S. lawmakers and President George W. Bush offers a positive first step, while calling for more action.
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Top House leaders will continue talks with Treasury Secretary Henry Paulson on a plan to try to jolt the economy out of its slump.
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The White House and the  Democratic-led Congress have reached a tentative deal on a $150  billion economic stimulus plan that includes tax rebates for  workers and business investment incentives, congressional  sources said on Thursday.
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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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A one-time tax rebate is at the heart of an economic stimulus package being negotiated by House leaders and Treasury Secretary Henry Paulson on Wednesday.
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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 House planned to vote Tuesday afternoon on the $150 billion economic aid package that would mean tax rebates to most income earners
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Pushing deficit concerns aside, Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on emergency tax cuts and benefit increases to jolt the economy out of its slump.
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House Democratic leaders said Tuesday they will try to hold Republicans more accountable for annual federal deficits in the hundreds of billions of dollars, starting with a vote on raising the &#36;7.4 trillion debt ceiling.
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Mayors from across the country called on the federal government on Wednesday to quickly create a stimulus package that includes home ownership and local economic assistance.
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The White House and the Democratic-led Congress have reached a tentative deal on a $150 billion economic stimulus plan that includes tax rebates for wage earners and business investment incentives, congressional sources said on Thursday.
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Congressional Democrats said they would not bow to pressure and simply make modest changes to the less expensive stimulus plan that was approved by the House last week.
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The US House of Representatives approved an amended giant economic stimulus plan Thursday which had been sought by President George W. Bush amid fears the economy is sliding into a recession.
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Leaders of the U.S. House of Representatives pledged on Friday to pass immediately a business-backed bill to curb class action lawsuits, if the Senate first approves the measure without changing it.