Stimulus Bill Likely To Be Unchanged By Senate

by MB on February 1, 2008

UPDATE: The House and Senate have passed the final version of the Stimulus Bill. You can read the details in this post: Details on Final Stimulus Bill.

As a follow up to my details of proposed stimulus bill post, the Wall Street Journal is reporting that changes passed by the Senate Finance Committee, including tax breaks for renewable energy and struggling businesses, are not expected to have enough votes to pass the Senate.

Another amendment proposing funding for food stamps and extensions of unemployment benefits is also likely to fail, the Journal reports.

This means that the original House plan will main largely intact, as this legislation continues to move forward at a brisk – for Washington, at least – pace.

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