Obama unveils $120 billion stimulus plan
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Democrat Barack Obama on Sunday unveiled an economic stimulus package costing up to $120 billion that his campaign said would put money in the hands of workers and seniors, stem the foreclosure crisis and cover state budget shortfalls.
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President Bush signed legislation to send $300 to $1,200 rebate checks to millions of Americans as a âbooster shotâ for the economy.
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Senate Democrats will move to add to a $150 billion economic stimulus package rebates for senior citizens living off Social Security and an extension of unemployment benefits, setting up a clash with the White House and House leaders who are pushing a narrower package.
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An economic aid plan to send rebates of $600-$1,200 to most taxpayers passed a key test Monday in the Senate, where Democrats are pushing to add more than $40 billion in help for seniors, disabled veterans and the unemployed.
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The U.S. Senate Finance Committee on Wednesday approved a $157 billion economic stimulus package that offers smaller tax rebates to more people than a plan passed by the U.S. House of Representatives.
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Bloomberg - Jan. 11 (Bloomberg) -- Democratic presidential candidate Hillary Clinton today unveiled a $70 billion plan to bolster the economy amid growing fears of a recession.
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Won $1.35 trillion in tax cuts for all income levels in 2001, a $96-billion stimulus package in 2002 and a $330-billion package in 2003 -- half of what he sought.
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Democratic presidential contender  Hillary Clinton on Friday proposed $70 billion in emergency  spending to stave off a possible U.S. election-year recession,  upstaging Republican rivals who clashed over the economy but  offered few specifics.
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President George W. Bush told  lawmakers on Thursday he wants tax rebates for families and  breaks for businesses in a rescue plan for the struggling U.S.  economy that could total up to $150 billion.
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Democratic leaders in the U.S. House of Representatives on Tuesday began laying the groundwork for an economic stimulus plan of about $100 billion that likely will include tax rebates to help stave off a possible recession.
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The House today overwhelmingly approved a $146 billion shot in the arm for the nation's ailing economy, sending a stimulus package to the Senate with a bipartisan appeal to senators not to slow the bill with significant changes.
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Democratic presidential contender Hillary Clinton on Friday proposed $70 billion in emergency spending to stave off a possible U.S. election-year recession, upstaging Republican rivals who clashed over the economy but offered few specifics.
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Democratic presidential candidate Barack Obama is proposing more than $80 billion in annual tax relief for workers and seniors funded by an increase on wealthier investors.
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Democratic leaders in the U.S. House  of Representatives on Tuesday began laying the groundwork for  an economic stimulus plan of about $100 billion that likely  will include tax rebates to help stave off a possible  recession.
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President George W. Bush told lawmakers on Thursday he wants tax rebates for families and breaks for businesses in a rescue plan for the struggling U.S. economy that could total up to $150 billion.
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Democratic presidential contender Barack Obama proposed up to $85 billion in tax cuts for about 150 million Americans on Tuesday, paid for by raising capital gains and dividend taxes on wealthy investors.
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Democratic presidential candidate John Edwards said Sunday his plan for universal health care would require higher taxes and cost up to $120 billion year.