House Approves Economic Stimulus Plan
January 29, 2008 – 6:06 pmIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
The House hustled and approved the economic stimulus plan that promises to put tax rebates of $600 to $1,200 into people hand’s within months. It was a bipartisan show of speedy dealmaking, as politicians attempt to avert a recession during an election year.
The plan was approved by an overwhelming majority of 385-35.
President Bush had pushed the package hard, knowing full well it is one effort of his that would be met with little resistance.
When the bill goes to the Senate, you can expect many demands from Senators, according to Senate Majority Leader Harry Reid of Nevada. “I think that there’s 51 Democratic senators without exception who believe this package can be made better,” said the Senator.
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