Senate to Vote on Economic Stimulus Package
Jan 31, 2008
The Senate is scheduled to vote on an economic stimulus package this week, perhaps as early as Wednesday, February 6.
The Senate is expected to consider either the $146 billion House version of an economic stimulus plan or a broader $157 billion package that Senate Democratic leaders are pushing. The Chamber supports the House bill, which includes increases for machinery and equipment expensing and accelerates depreciation for small businesses.
The package approved by the Senate Finance Committee last week includes additional spending on unemployment benefits and other government programs and tax breaks for renewable energy.
Read the Chamber's letter on the stimulus package.
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