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Senate rejects more stimulus funding

June 16, 2010 Politisite 0

The Senate on Wednesday rejected a $140 billion taxes and spending package in a resounding defeat for President Obama and Democratic leaders that signaled the era of freewheeling stimulus spending is giving way to greater concern for deficits. Hours later, chastened Democrats produced a pared-down version they said spent less and found offsetting tax increases to pay for most, though not all, of the new measure, which includes unemployment benefits […]