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Baytown Sun in Baytown, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Feb 11, 2009

Page

6

Senate stalls on 838 billion stimulus plan final talks begin

The Senate failed to approve its 838 billion stimulus bill and negotiators in Washington began final talks. Obama aides pressed for restored school funding and extra aid to states while Republican moderates urged keeping tax cuts and AMT relief. Negotiations centered on sustaining school construction money, AMT patch, housing credits, and executive pay limits amid a tight timetable.

Washington Senate White House Rahm Emanuel Peter Orszag Barack Obama Obama GOP Olympia Snowe Susan Collins Maine Arlen Specter Pennsylvania Ben Nelson Nebraska Specter House Will Straw Liberal Center For American Progress Senate Finance Committee Max Baucus D-Mont Reid Capitol Congress John Yarmuth D-Ky

Stocks tumble as stimulus plan unveiled

New York investors react to the government's bailout proposal with a broad market selloff. Major indexes drop over 4 percent led by financials while Treasuries and gold gain as traders express skepticism about how a trillion-dollar stimulus will be spent.

New York Wall Street James Cox Harris Financial Group

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