Congress and the White House have agreed to specific elements of a proposed stimulus package to get the economy moving again. Here are some of the proposals being floated by the top presidential candidates to help revive the ailing U.S. economy:";
Biz_Econ_Stimulus.appFooter = "Source: AP";
Biz_Econ_Stimulus.appNavStyle = 3;
Biz_Econ_Stimulus.bDhtml = 0;
Biz_Econ_Stimulus.appLayout = 3;
Biz_Econ_Stimulus.copyHeight = 280;
Biz_Econ_Stimulus.copyWidth = 400;
Biz_Econ_Stimulus.copyMargin = 5;
Biz_Econ_Stimulus[i++] = new Array("","WHAT'S IN","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i++] = new Array("","Tax rebates","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Checks of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes, so long as they earned at least $3,000 in 2007.
Families with children would receive an additional $300 per child, while those paying income taxes could receive higher rebates.
The full rebate would be limited to individuals earning $75,000 or less and couples with incomes of $150,000 or less, but a partial rebate would go to individuals earning up to $87,000 and couples earning up to $174,000. The caps are higher for people with children.
";
Biz_Econ_Stimulus[i++] = new Array("","Business
tax write-offs","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Spurring business investments with so-called bonus depreciation and more generous expensing rules. ";
Biz_Econ_Stimulus[i++] = new Array("","Housing rescue","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Allow more subprime mortgage holders to refinance into federally insured loans by raising the limit on Federal Housing Administration loans from $362,000 to as high as $729,750 in expensive areas.
Increase the availability of mortgages by providing a one-year boost to the cap on loans that Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets. ";
Biz_Econ_Stimulus[i++] = new Array("","WHAT'S OUT","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i++] = new Array("","Permanent tax cuts","","","","", "", "", "", "", "right", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Republicans conceded that their top priority would have to be left out.
";
Biz_Econ_Stimulus[i++] = new Array("","Unemployment insurance","","","","", "", "", "", "", "right", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Democrats wanted to extend benefits past 26 weeks. ";
Biz_Econ_Stimulus[i++] = new Array("","Food stamps","","","","", "", "", "", "", "right", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
The package won't include a boost in benefits";
Biz_Econ_Stimulus[i++] = new Array("","Medicaid","","","","", "", "", "", "", "right", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Democrats gave up on including Medicaid payments to states";
Biz_Econ_Stimulus[i++] = new Array("","Low-income heating subsidies","","","","", "", "", "", "", "right", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Democrats are surrendering the fight to include them.";
Biz_Econ_Stimulus[i++] = new Array("","Infrastructure spending","","","","", "", "", "", "", "right", "", "", "", "", "", "", "", "", "");
Biz_Econ_Stimulus[i-1].body = "
Spending on transportation or repair projects already under way is off the table.
";
// END editorial data