Economic aid plan passes Senate test
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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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It's not like a business group to oppose the largest possible tax breaks for its members. But when it comes to sweetening a minimum wage bill with small business tax relief, the U.S. Chamber of Commerce is backing a House proposal that is a fraction of the size of a tax package passed by the Senate.
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The US Senate failed Wednesday to advance its own version of an economic stimulus program, boosting the odds for a White House-backed version approved last week by the House of Representatives.
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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 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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The U.S. Senate approved a bill on  Thursday that was sought by business to curb class action  lawsuits and is part of President Bush's drive to overhaul the  civil justice system.
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The chairman of the Senate Finance Committee yesterday unveiled a rival plan to stimulate the economy, offering a $500 check to virtually every American -- including low-income seniors and rich financiers -- in a direct challenge to the bipartisan deal reached last week by President Bush and House...
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The Democratic-led U.S. Senate voted on Thursday to raise the federal minimum wage for the first time in a decade and to provide billions of dollars in small-business tax cuts to help offset the cost.
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The 81-15 roll call Wednesday by which the Senate voted to pass a $464 billion spending bill.
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The Senate approved and sent to the White House pension legislation to give millions of Americans a better chance of getting the retirement benefits they've earned while sparing taxpayers from possibly paying for failed pension plans.
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The House of Representatives on Thursday gave final approval to a $151 billion economic stimulus package that President George W. Bush is expected to sign into law.
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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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The Senate is set to begin voting on dueling economic aid proposals, as senators rush to add more benefits to a House-passed package
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The House and Senate struck a deal on spending bills Wednesday in a first test of reining in deficits.
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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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Congress, facing the prospect of an election-year recession, passed an emergency plan Thursday that rushes rebates of $600 to $1,200 to most taxpayers and $300 checks to disabled veterans, the elderly and other low-income people. President Bush indicated he would sign the measure.
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Legislation overhauling U.S. college student aid by slashing subsidies to lenders and using the money to boost student assistance by $20 billion was approved by Congress on Friday.