Stimulus plan hinges on U S consumers spending
The federal 150 billion emergency stimulus hinges on American spending. Up to 600 per individual and 1200 for couples with kids, many may save or pay debt instead. Analysts warn housing and credit slow the effect, while some will spend on repairs and energy savings.
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Congress
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Jennifer Galligos
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Rebates vary by income under proposed plan
The article details how different earners would receive rebates under the Bush plan. It names individuals and families by income, family size, and tax status, including a Salt Lake City videographer and a couple with four children, illustrating who would or would not qualify and how much they could gain or lose.
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Bush
Senate Democrats weigh retirees and jobless aid in stimulus plan
Senate Democrats began efforts to add retirees to the $150 billion tax rebate and aid package. The measure would provide up to 600 in rebates for individuals 1200 for couples and 300 per child, but excludes many seniors on Social Security unless they have other income. Bush urged swift passage despite potential adds and a two week Senate timeline to wrap up by February 15.
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Nancy Pelosi
John Boehner
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Jim Day
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