Senate Majority Leader Tom Daschle today announced that President Bush's economic stimulus plan, passed early this morning in the House, was dead on arrival in the upper chamber.
The U.S. Senate is preparing to debate how best to jump-start the economy after House lawmakers narrowly passed a Republican-backed economic stimulus package providing over $100 billion in tax relief.
Facing an anemic economy and the highest unemployment figures since 1992, the Bush administration is urging Congress to support a $75 billion stimulus plan.
Support Provided By: Learn more
Educate your inbox
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else.