House to Vote Today on Rebate Package

** FILE ** Vannia Jerry, left, and her mother Kristen Jerry shop at Steve & Barry's store on Thursday, Aug. 16, 2007 in New York. The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best _ spend, spend, spend. President Bush and leaders in Congress hope people will spend those rebates _ a flat-screen television, maybe, or a trip to Disneyland _ to help revive an economy sagging from bad mortgage lending and a lack of confidence in the stock market (AP Photo/Mark Lennihan)

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House to Vote Today on Rebate Package

By David Blazier

Story Created: Jan 29, 2008

Story Updated: Feb 21, 2008

WASHINGTON (AP) - The $146 billion economic aid package on a fast track to passage in the House faces an uncertain future in the Senate, where lawmakers in both parties are trying to tack on billions for senior citizens and the unemployed. The House planned a Tuesday afternoon vote on its plan to speed rebates of up to $600-$1,200 to most income earners while giving tax breaks to businesses. Max Baucus, the Finance Committee chairman, set a Wednesday vote on a roughly $160 billion version he unveiled Monday, which would give $500-$1,000 rebates to a broader group, including older Americans living off Social Security as well as wealthier taxpayers, and would extend unemployment benefits.

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