Houston Community News >>

2/11/2009-- The US Senate has taken an important step in the fight against recession by passing the $838-billion economic stimulus bill, but the bill's protectionist clauses could backfire and hamper the country's recovery, Chinese economists said yesterday.

The Senate approved the stimulus package on Tuesday after a long and fierce debate. But it is still bickering with the House of Representatives on tax cuts and details of government deficit as they try to hammer out a compromised version for US president Barack Obama to sign into law.
    
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