Senate Panel Unveils Plan of Its Own on Economy
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The Senate Finance Committeeâs plan, which has no income cap to disqualify high earners from tax rebates, would cost more than the plan agreed to last week.
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The Senate decided on Thursday to raise its committees' allowances, prompting Senate Rules Committee Chairman Trent Lott to note that lawmakers were off to a poor start after pledging to curtail spending.
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The nation can begin to address the risks of climate change while avoiding harm to the economy, senators said Wednesday in unveiling anti-pollution legislation.
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The U.S. Senate should quickly approve a $150 billion proposal to boost the sagging economy and resist the urge to add new benefits to the package, Treasury Secretary Henry Paulson said on Sunday.
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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 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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The independent panel will consider changes in laws and regulations with the intent of making American markets more competitive.
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By The Akron Beacon Journal, Ohio  Jun. 17--Before its version of the budget bill reached the Senate floor, the Finance and Financial Institutions Committee reversed itself. It restored a House measure to create a new voucher program for special education students.
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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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Federal Reserve chairman outlines plan to stop the world's largest economy from sliding into recession
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Congress calls in a troika of economic seers to predict the future of the U.S. economy.
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The Senate could act as early as today on an economic stimulus plan, and the White House is watching closely to see how much is added to a House measure favored by the administration.
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Democrats are aiming for a resolution that is simpler than the Senate's.
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The proposed Senate legislation could transform the ethnic and social mix of the nation's workforce.
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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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Democrat Hillary Rodham Clinton's campaign released a 13-page blueprint for fixing the economy Monday, detailing the former first lady's plans to achieve universal health care, address the home foreclosure crisis and develop jobs for the middle class.
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For a bipartisan majority of senators, providing three months or six months of extra unemployment checks to more than 1 million jobless people is a better way to dig the economy out of a recession than just printing tax rebate checks.