Financial Times FT.com

Washington urged to focus on home foreclosures

By Jeremy Grant

Published: February 4 2008 02:00 | Last updated: February 4 2008 02:00

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 today expected to reach the floor of the chamber for a vote.

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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