Negotiations Intensify on Final Stimulus Plan

Negotiators hoped to seal agreement on President Barack Obama's economic stimulus package Wednesday after making good progress in the first rounds of closed-door talks.

Obama's negotiating team insisted on restoring some lost funding for school construction projects as talks began Tuesday in hopes of striking a quick agreement, but by late in the day it appeared resigned to losing up to $40 billion in aid to state governments.

Earlier Tuesday, the Senate sailed to approval of its $838 billion economic stimulus bill, but with only three moderate Republicans signing on and then demanding the bill's cost go down when the final...

This article is available to registered guests only.

To keep reading this article and more, register now or subscribe
for the best site-wide access.

Already have an account? Please login.


Subscribe to Education Week and Save

Get a full year and save up to 45%!

Premium Online + Print


37 issues + Online Access
$89

You Save 45%

SUBSCRIBE NOW

(See details.)

Premium Online


12 Months Online Access
$74

You Save 38%

SUBSCRIBE NOW

(See details.)


Most Popular Stories

Viewed

Emailed

Recommended

Commented