February 7, 2008
Posted: 02:30 PM ET
WASHINGTON (CNN) — Senate Democrats have agreed to scale back their economic stimulus package in order to pick up Republican support for the measure which had stalled over GOP concerns the bill was too big and loaded with special interest provisions. Final congressional approval could come as early as Thursday officials said,clearing the way for rebate checks to be sent to millions of Americans this spring. Democrats will drop demands for an extension of unemployment benefits, energy assistance for low-income households, and a series of tax breaks for energy providers. But they will include provisions supported by Republicans, including rebate checks for low-income Social Security recipients and disabled veterans and their widows as well as language designed to prevent illegal immigrants from getting rebates. Those provisions will be added to the House-passed stimulus bill which, in addition to providing rebate checks, gives tax breaks to businesses designed to spur spending. Precise details of the size of the rebate checks and the income caps were not immediately available. –CNN's Ted Barrett and Brianna Keilar Filed under: Congress |
The latest political news from CNN's Best Political Team, with campaign coverage, 24-7. Sign up for our twice daily Ticker emails. Got a news tip or feedback? For complete political coverage, bookmark CNNPolitics.com. CNN=Politics Screensaver
New in the Ticker
Follow us on Twitter
Categories
Archive
Popular Posts
|
||
|
CNN Comment Policy: CNN encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give CNN the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNN Privacy Statement.
|
|||