Financial Times FT.com

US urged to focus on housing crisis

By Jeremy Grant in Washington

Published: February 3 2008 19:59 | Last updated: February 3 2008 19:59

Only 11 days after the White House and House of Representatives agreed a $150bn economic stimulus package for the US economy, a Senate version is expected to reach the floor of the chamber for a vote on Monday.

But lawmakers are questioning whether it will do more than send a message that Washington is trying to forestall a full-blown US recession.

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