Senate Passes $150 Billion Stimulus Package

The Senate passed a $150 billion stimulus package in an attempt to avert a mortgage-crash fueled recession.  The bill now goes to the President for signing.  He is expected to pass the Republican-favored bill quickly. From the Market Watch story on the stimulus package: The plan would give tax rebates of up to $1,200 for households, with $300 more for each child. The full rebates would be sent to individuals with incomes under $75,000 and to families with incomes under $150,000, including seniors and disabled veterans. The rebate would be phased out for those earning more. The bill also has provisions to prevent undocumented immigrants from receiving tax rebates. The plan would also cut business investment taxes by $44 billion for one year. It would raise the caps