Economic Impact
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 Updated every 15 minutes • Graphic: Airports struggle nationwide |
Daschle proclaims stimulus dead
Senate Majority Leader Thomas Daschle proclaimed a House-passed package of tax cuts and unemployment aid dead on Thursday, saying the Republican-written plan will not make it through the Senate in this session.
House passes new economic stimulus bill
Urged on by President Bush, the Republican-controlled House passed recession relief legislation early today blending additional jobless benefits for the unemployed with personal and business tax cuts. Democrats denounced the bill as a political stunt with no chance of becoming law.
Congress negotiators OK terror bill
WASHINGTON — House-Senate negotiators agreed Tuesday to a compromise $20 billion anti-terrorism package that would divert billions that President Bush wanted for defense to domestic security and communities hit by the Sept. 11 terrorist attacks.
Monday, Dec. 17
• Deal near on anti-terror package
• German business confidence revives
Sunday, Dec. 16
• Battle rages over stimulus package
Friday, Dec. 14
• Bush defends economic stimulus bill
Thursday, Dec. 13
• Retail sales plunge a record 3.7 percent
Wednesday, Dec. 12
• Small trade deficit reflects American recession
Tuesday, Dec. 11
• Treasury launches renamed war bonds
• Deadlock remains on economic stimulus
• Fed cuts interest rate by quarter-point
• History of federal funds rates
Friday, Dec. 7
• 5.7 percent unemployment in November
• Negotiations on stimulus bill postponed
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