Mega economic stimulus is on course:
The White House has announced that the USD 819 billion mega economic stimulus package, passed by the House of Representatives amid opposition from Republicans, is on course and showed confidence it would be signed into law before February 16, a deadline set by president Barack Obama.
President Bush signed a $168 billion economic stimulus package on Wednesday that will extend rebates to US taxpayers, give tax breaks to businesses and make more-expensive mortgages available through the government and government-sponsored mortgage-finance companies.