From the Washington Post: "House leaders and the Bush administration reached agreement yesterday on a $150 billion economic stimulus package that would quickly send hundreds of dollars to poor and middle-class workers while offering businesses one-time incentives to invest in new equipment."
The Bipartisan Economic Growth Agreement is described on several government websites. The Speaker of the House website lists details of the agreement. The Treasury Department site also describes the agreement and includes a fact sheet with examples of how the agreement would benefit Americans. The White House website includes several articles and a fact sheet on the new agreement. More information is available on the White House Economy & Budget page.
The Senate Finance Committee is working an independent, alternative stimulus package for consideration in the Senate.
Sources: Weisman , J., and Baker, P. (25 Jan. 2008). "Bush, House Hammer Out $150 Billion Stimulus Bill: Tax Breaks a Central Element In Bipartisan Compromise." Washington Post. A01.
McKee, J. (25 Jan. 2008). "Economic stimulus: Baucus wants relief for 40 million more." Missoulian. A10.
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