Financial Times FT.com

Republicans urge major changes to $894bn injection bill

By Alan Beattie, Andrew Ward and Krishna Guha in Washington

Published: February 1 2009 14:18 | Last updated: February 1 2009 21:31

Senior Republican senators on Saturday called for additional tax cuts and other big changes in the $884bn (£610bn) economic stimulus package proposed by the Obama administration.

Mitch McConnell, Republican leader in the Senate, said that with Democrats as well as Republicans in the Senate concerned at the House of Representatives’ version of the bill, changes would have to be made. “We ought to go right at the housing problem and right at tax relief to put money in the hands of consumers who can spend it now,” he told CBS.

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