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February 3, 2009
WASHINGTON — Businesses are faring much better in the Senate than they did in the House as Congress works on a massive package of spending and tax cuts designed to stimulate the economy.
The Senate package, which could be voted on this week, has billions of dollars in business tax credits not included in the House plan. Both packages would enable money-losing companies to get refunds of taxes paid on profits in previous years. But the Senate plan offers more ways to do it, boosting payments to companies by about $15.5 billion.
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