homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

February 3, 2009

Senate stimulus plan is better for business

By STEPHEN OHLEMACHER
Associated Press Writer

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.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.