Economic compromise cuts parties' pet proposals

Fast turnaround left lawmakers no time to bicker

The Bush administration and House leaders agreed Thursday on $150 billion in temporary tax breaks for individuals and businesses that they hope will jump-start an ailing economy.

Moving quickly to help avert more stock market losses such as those that unnerved investors last week, Democrats and Republicans scuttled some of their favorite proposals in favor of a pared-down fiscal stimulus package. Full Story »

Posted by Kaizar Campwala

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