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Deal on Stimulus Package Puts Heat on Senate

Posted Jan 25, 08 1:15 PM CST in Politics 

(Newser) – The $150 billion package of tax breaks for consumers and businesses rolled out yesterday was the first show of bipartisan cooperation sans bloodletting since the  Democrats won control of Congress a year ago, the Washington Post observes. It took panic over a looming recession to make it happen, and it could still be undone in the Senate.

The Senate will face formidable pressure not to hold up the $600 rebate checks by trying to reshape the deal. Delaying the process would cloud the House's triumphant demonstration that Congress actually can get something done, the AP reports. "The American people are not going to have a lot of patience for taking time," Treasury Secretary Henry Paulson warned.

Sources Washington Post, Associated Press

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Senate Majority Leader Harry Reid, right, House Speaker Nancy Pelosi, second from left, House Majority Leader Steny Hoyer, center,and Sen Joseph Lieberman, I-Conn., left, speak to reporters at the White...   (Associated Press)
President Bush tells reporters in the White House briefing room in Washington, Thursday, Jan. 24, 2008, that he and leaders of the Democratic-led Congress have agreed to work together on an economic stimulus...   (Associated Press)
President Bush, second from right, meets with Congressional leaders to discuss the economy, Tuesday, Jan. 22, 2008, in the Cabinet Room of the White House in Washington. From left are, House Minority...   (Associated Press)
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George W. Bush  • Congress  • Senate  • politics  • Henry Paulson  • Senate Democrats  • US Congress  • House Speaker Nancy Pelosi


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