Lawmakers fast track economic stimulus plan
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An economic stimulus package to help stave off recession is on the fast track in Congress after Democratic and Republican leaders in the U.S. House of Representatives on Wednesday reached a rare agreement to quickly pull together a bipartisan plan.
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TORRANCE, Calif., Jan. 30 -- President Bush teamed up with California Gov. Arnold Schwarznegger on Wednesday afternoon to press Congress to move quickly on his economic stimulus package, telling workers here that the Senate should simply accept the $146 billion accord that passed the House this w...
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US Treasury Secretary Henry Paulson said Sunday he believes the US economy will continue to grow but emphasized the need to quickly implement an emergency stimulus package now in Congress.
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President George W. Bush and leaders of the Democratic-led Congress vowed on Tuesday to move quickly to work out the details of a $150 billion stimulus package for the U.S. economy, as fears of a recession prompted a sell-off in global financial markets.
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Bill would speed rebates to most taxpayers, including disabled veterans and the elderly.
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The Senate Finance Committee on Wednesday passed an economic stimulus package that would inject close to $200 billion into the economy over two years in an attempt to stave off recession.
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House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworked package of emergency tax cuts to jolt the economy out of its slump.
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Key elements of rival House and Senate economic stimulus bills:
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A legislative package designed to  stimulate the slumping economy could be passed by Congress and  signed into law by President George W. Bush within a month,  House Majority Leader Steny Hoyer said on Wednesday.
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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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Top House leaders discussed plans for tax rebates, breaks for business and additional food stamp and unemployment insurance benefits as President Bush and Federal Reserve Chairman Ben Bernanke voiced support for steps to avert a recession.
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With the economy's prospects growing bleaker seemingly by the day, politicians in both parties have rallied around the three Ts, the mantra that any stimulus package needs to be timely, targeted and temporary.
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Congressional leaders and Treasury Secretary Henry Paulson are narrowing their differences in search of a bipartisan economic stimulus deal that could move swiftly through Congress.
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A component of the government's tentative economic stimulus package announced Thursday would give an immediate lift to buyers and sellers in higher-priced housing markets.
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Retirees living off Social Security are frustrated that they won't get tax rebate checks through a bipartisan economic stimulus package before the House. Senate Democrats Friday began efforts to include them.
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Legislators are trying to attach tax breaks as part of a broad energy bill to an emergency economic aid package containing rebates for millions of taxpayers
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The House voted Tuesday to rush rebates of $600-$1,200 to most taxpayers, but a partisan battle brewed in the Senate over Democrats' efforts to add jobless aid and help for the poor to the economic stimulus package.