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July 9, 2008 5:07:16 AM CDT

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Senate & White House Battle Today Over Stimulus Plans

Posted Jan 31, 08 4:35 AM CST in Politics    Most Covered

(Newser) – The Senate and White House face off today over economic stimulus packages designed to get consumers spending again. With bipartisan support, the Senate Finance committee approved a $157 billion plan that would give more than $1,000 to almost every family in the US. A White House proposal, backed by the House of Representatives, is considerably less generous.

One weakness in the House bill is that it excludes as many as 20 million seniors. Three Senate Republicans are backing the Senate bill, which may forestall opposition from House Republicans. "Concern with timing must be weighed against the question of the quality of the House bill," said one of the GOP senators.

Source Washington Post

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Economic Stimuli
Treasury Secretary Henry Paulson, left, listens to President Bush tell reporters in the White House briefing room at the White House in Washington, Thursday, Jan. 24, 2008, that he and leaders of the...   (Associated Press)
Senate Finance Committee Chairman Sen. Max Baucus, D-Mont., right, confers with Sen. Charles Schumer, D-N.Y., center, as Sen. John D. Rockefeller IV, D-W.Va., looks on during a markup hearing on an economic...   (Associated Press)
House Minority Leader John Boehner of Ohio, left, accompanied by House Speaker Nancy Pelosi of Calif., talk to reporters on Capitol Hill in Washington, Tuesday, Jan. 29, 2008, after the House approved...   (Associated Press)
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White House  • economic stimulus  • Senate Finance Committee  • AARP  • tax credit  • Harry M. Reid


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