InfoAnda - US Congress approves stimulus in major win for Obama

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Prosecutors seek Naomi Campbell testimony in Taylor trial | 21 May 2010
Suicide After College Roommate Livestreams Gay Sexual Act Online | 1 October 2010
IBM executive in insider trading case placed on leave | 20 October 2009

RIM opens online software store for BlackBerry | 2 April 2009

">Forum Views () ">Forum Replies ()

Read more with google mobile : US Congress approves stimulus in major win for Obama

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: US Congress approves stimulus in major win for Obama AFP - Sunday, February 15 WASHINGTON (AFP) - - The US Congress approved a 787-billion-dollar package of tax cuts and fresh spending to salvage the broken US economy, handing President Barack Obama a major political victory. ADVERTISEMENT But lawmakers' final approval came almost entirely without backing from Republicans, denying Obama the bipartisan support he had hoped for. The Senate voted 60-38 to pass the measure hours after it cleared the House of Representatives by a lopsided 246-183 margin, setting the stage for Obama to sign it into law before his self-imposed February 16 deadline. Democratic Senator Sherrod Brown raced from his late mother's memorial service in his home state of Ohio to cast the decisive vote at 10:46 pm (0346 GMT Saturday), some three hours and 39 minutes after the previous lawmaker. The president's Democratic allies carried the day with no Republican support in the House and just three Republican moderates in the Senate despite his repeated appeals for bipartisanship since taking office January 20. With cancer-stricken Democratic icon Ted Kennedy out ill, the defections were just enough to reach the 60 votes needed to ensure Senate passage of what Obama has called "only the beginning" of work to rescue the broken US economy. Senate Democratic Majority Leader Harry Reid assured the stimulus plan would strengthen the US economy by creating millions of jobs. There was no immediate response from the White House, but Obama had made his delight known after the House vote, giving reporters a thumbs-up sign as he left the White House bound for his hometown of Chicago. The new president had set a February 16 target date for the package -- a blend of tax cuts, aid to hard-hit Americans, and investment in infrastructure, education and energy that he says will save or create 3.5 million jobs. But the victory was bittersweet, as lawmakers were voting on a compromise stimulus plan that was smaller than Obama had requested, and most Republicans rebuffed his appeals to join Democrats in approving the bill. "This isn't Monopoly money. It's real. It adds up, and it has to be paid back, by our children and by their children," said Republican Senate Minority Leader Mitch McConnell. Obama told business leaders in a speech at the White House early in the day that finishing the legislation was critical, but warned that much remained to be done to bolster the US economy. "Passing this plan is a critical step, but as important as it is, it's only the beginning of what I think all of you understand is going to be a long and difficult process of turning our economy around," Obama said. The president vowed more action to thaw frozen lending and repair the battered housing sector, saying quick, thorough action was needed "to truly address this crisis" -- a paralyzing recession that has cost millions of jobs. "Today, with final passage of this bill, we start putting Americans back to work," House Democratic Majority Leader Steny Hoyer said. Republicans blasted the plan as bloated with wasteful government spending and lacking in tax cuts -- the party's traditional cure-all for economic woes -- and bemoaned the borrowed money to finance it. "This bill is loaded with wasteful deficit spending on the majority's favorite government programs. We need jobs, not mountains of debt to be paid by our children," said the number two House Republican, Eric Cantor. The legislation, a product of hard-fought negotiations this week, allocates 120 billion dollars to infrastructure spending, including monies for highways, trains and expanding broadband Internet access. It also features nearly 20 billion dollars for renewable energy and 11 billion to modernize the US electrical grid -- steps former vice president Al Gore warmly endorsed weeks ago as a major downpayment on Obama's strategy for fighting climate change. The bill includes tax cuts -- expected to benefit 95 percent of US families -- and tens of billions of dollars for extending unemployment benefits, bolstering healthcare for the least well-off and funds to help cash-strapped states avoid cuts in services like education. A provision inserted into the bill by Senate Democrats would also prohibit cash bonuses and almost all other incentive compensation for top executives at large companies that receive money under the Treasury Departments Troubled Asset Relief Program, US newspapers reported Saturday. Email Story IM Story Printable View Blog This Recommend this article Average (1 vote) Sign in to recommend this article » Most Recommended Stories » Related Articles: Financial Crisis Philippine president grateful for US stimulus billAP - Sunday, February 15 Obama team sees stimulus advancing health reformAP - Sunday, February 15 US Congress approves stimulus in major win for ObamaAFP - Sunday, February 15 US Congress approves economic boostAFP - Saturday, February 14 Related Articles: World Mass rally in Lebanon to mark Hariri murderAFP - 28 minutes ago Climate change even worse than predicted: expertAFP - 48 minutes ago On long weekend break in Chicago, Obama visits gymAP - 1 hour 5 minutes ago Chinese president tours Senegal, signs dealAP - 1 hour 8 minutes ago The recovery plan: shock & awe for a shaken nationAP - 1 hour 11 minutes ago Enlarge Photo The dome of the US Capitol building in Washington, DC. The US Congress has approved a US$787-billion package of tax cuts and fresh spending to salvage the broken US economy, handing President Barack Obama his biggest yet political victory. Related Photos Slideshow US elections 2008 Related Full Coverage Financial fallout Latest news on global credit crunch. All Full Coverage Most Popular – World Viewed Economic crisis picture wins World Press Photo award Seductive chemicals hidden in sloppy kisses Plane crash-lands at London airport, two people injured Family income linked to child language skills: study US scientists defend Darwin from attacks on evolution View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Saturday, 14 February 2009
U.S. offers Moscow concession on missile shield | International |
Zimbabwe opposition official charged with treason: MDC | International |
Developing world faces dire consequences from crisis | International |
Abducted U.N. official in Pakistan appears in video | International |
Court denies cable bid to turn back privacy rules | Technology |
U.S. Consumer Sentiment, Expectations Drop In February
Former North Carolina Hate Group Leader Dies At Age 64
DLA Piper Law Firm Cuts 5% Of Its U.S. Lawyers
First Hearing Set For Obama's Nominee For Commodity Futures Trading Commission Chief
Guns, Crates Of Ammunition Seized In Baltimore Area Pawn Shop Raid
Update: Reid Says Senate Likely To Vote Friday Evening On Stimulus
New Hampshire Governor Presents State Legislature With Budget Proposing Job Cuts, Court And Prison Closure, Tax And Fee Hikes
Despite Hike In Profits Sinclair Broadcasting Group Cutting 200 Jobs, Freezing Salaries
Biden To Swear In Blair, Romer As Nation's Spy Chief, Top Economist
Economic Stimulus Package Adds $13 Weekly On Take-Home Pay Of American Workers
Martin laughs off criticism of Pink Panther 2 | Entertainment |
Nude Madonna photo sells for $37,500 at auction | Entertainment |
Isla Fisher buys into comedy for Shopaholic | Entertainment |
Chicago museum reveals lively and grim Edvard Munch | Entertainment |
Amazon Bans Controversial Video Game Rapelay From Online Marketplace
US envoy pursues key Afghan talks
Hamas says long-term truce with Israel imminent
U.S. links Moscow help on Iran to missile shield | International |
Major attacks in Iraq against Shiite pilgrims
Australian firefighters close to containing blazes | International |
Confessions of a Shopaholic ( *1/2 )
Iraqi woman bomber kills 35 Shiite pilgrims in Iraq
U.S. missile strike kills 25 militants in Pakistan | International |
Friday the 13th ( * )
'Buy American' clause could lead to trade war: CEA
BA plane's undercarriage fails on landing, 4 hurt | International |
Iraqis find mass grave north of Baghdad
US Congress approves economic boost
Blast at U.N. human rights office in Nepal, no injuries | International |
Iranian reformer's campaign faces many obstacles
US Senate approves Obama stimulus package
Zimbabwe MDC official charged with treason: party | International |
US auto suppliers seek US$25.5-bln bailout
Hamas speaks of hitch in Gaza truce after new bloodshed
Plane crash-lands at London airport, two people injured
Female bomber kills 39 on Iraqi pilgrimage route
South Korean, Philippine sailors freed by Somali pirates | International |
Taliban is in huge amounts of Pakistan: Zardari | International |
Economic crisis picture wins World Press Photo award
Venezuela opposition complains of Chavez tactics | International |
Iraqi woman bomber kills 35 Shiite pilgrims in Iraq
Huge stimulus bill only the 'beginning': Obama
G7 finance chiefs gather amid recession storm
UN climate chief praises new US administration
Ice buildup reported on US plane before crash
California Polygamist Gets 7 Life Terms For Abusing Children, Wives
US military deaths in Afghanistan region at 576
Michigan Governor Eyes $670M Budget Cut, Layoff Of 1,500 State Workers
Eighth Grader Arrested For Setting Off Soda Bottle Bomb In School
US military deaths in Iraq war at 4,243
Eighth Grader Arrested For Setting Off Soda Bottle-Bomb In School
80 missing computers at nuke lab: watchdog
U.S. links Moscow help on Iran to missile shield
Clinton Offers N. Korea Peace Treaty, Normal Ties In Exchange For Nuke Disarmament
Iridium network patched after collision in space
U.S. Congress set to pass stimulus plan
Kidnappers Threaten To Kill American Hostage In Pakistan
Author's Guild 'studying' Kindle read-aloud feature
Feb 13 Highlights Of Low Points In The U.S. Economy
Google to offer paid smartphone apps in Apple challenge | Technology |
Twitter gets new funding, promises revenue
Wall Street Closes Lower As Mortgage Aid Remains Unclear
Citigroup, JPMorgan Chase, Morgan Stanley Suspend Foreclosures Until Next Month
Microsoft to open chain of retail stores
House Passes Stimulus Bill, Possible Senate Vote Tonight
Iridium network patched after collision in space | Technology |
Court denies cable bid to turn back privacy rules
European lawmaker expelled from Venezuela
Kenya, Turkey, Japan lead mobile money trend
UN extends Abkhazia mission until June
Russia, Turkey hail flourishing neighbourhood ties
Indian police hunt 'stone man' killer
Calif. court denies appeal in actors contract talks
Hit Taiwanese film finally opens in China
Oscar misses flight to Hollywood
Probe ordered after India train crash kills 12
Chris Brown's father says singer remorseful | Entertainment |
15 dead, 161 hurt in train derailment in India
Chinese province institutes lethal injection
Calif. court denies appeal in actors contract talks | Entertainment |
Suspected US missile kills 6 in Pakistan
Obama plans concert for Stevie Wonder
Martin laughs off criticism of Pink Panther 2 | Entertainment |
Suu Kyi's party calls on UN to take action
G7 finance ministers' crisis talks
'Isn't he lovely': Obama to honor Stevie Wonder
Military exercise sparks earthquake panic in China
Japan signs pact lending 100 billions dlrs to IMF
Peter Gabriel spurns Oscars over downsized set | Entertainment |
US-ENTERTAINMENT Summary
Sixteen dead in India train accident
Anger as major British train deal goes to Japan
Indie rockers unite for AIDS benefit album | Entertainment |
Indie rockers unite for AIDS benefit album
New Zealand sailing hat-trick downs Alinghi
Rihanna among topics at V-Day anti-violence lunch
Indian Railways eyes $20 bln revenue, cuts fares
Calif. court denies appeal in actors contract talks
Sony PSP game console sales tops 50 million units
Fallon breaking in the 'Late Night' chair
Chris Brown's father says singer "remorseful"
Peter Gabriel spurns Oscars over downsized set
Fashion Week opens with celebs, few concessions
Eighth Grader Arrested For Setting Off Soda Bottle Bomb In School
Bar Refaeli Celebrates Her Sports Illustrated Cover At LAX Nightclub
Arrest compromises Zimbabwe unity government: minister
Suspected US missile strike in Pakistan kills 27
Israel rules out Gaza truce unless soldier freed | International |
Mass rally in Lebanon to commemorate Hariri murder
Roses at a premium as Baghdadis look to better days
U.S. envoy meets Afghan president as ties strained | International |
G7 demands urgent reform of world finance
Iraqis open arms to romance as violence fades
Somali parliament endorses new prime minister | International |
Seductive chemicals hidden in sloppy kisses
Hamas accuses Israel of 'backtracking' on truce talks
Iraqis open arms to romance as violence fades | International |
Mass rally in Lebanon to mark Hariri murder
Soviet vets, 20 years on, warn Obama on Afghanistan | International |
Clinton vows to deepen US bonds with Asia
US Congress approves stimulus in major win for Obama
Prosecutors In Stevens Case Ruled In Contempt
Fortunoff Fine Jewelry Lays Off 300, Seeking Buyer
Police Officer Fataly Shot In Philadelphia
Four Wounded In Miami AK-47 Shooting
Ice May Have Been A Factor In Fatal Plane Crash
Russia says averted suicide attack on Ingush leaders
Ice Jams Flood Michigan Town, Residents Evacuated From 38 Homes By Boat
Chechen murder threatens torture case against Kadyrov
US envoy meets Afghan president
Sri Lanka military says rebels attack refugee bus
Australia fire survivors in emotional return to ruined town
London tale, Iran tragedy lead Berlin film charge | Entertainment |
6 arrested for protesting Valentine's Day in India
Philippine president grateful for US stimulus bill
Clinton vows to deepen US bonds with Asia
Moderate earthquake hits western China
Residents return to fire-destroyed Australian town
China to sell assets of scandal-hit milk company
7 Afghan police, official killed by roadside bombs
Mass Valentine's wedding on Mandela prison island
Iraq, Iran, London films lead pack for Berlin Golden Bear
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01