Story begins: The chairman of the Senate Finance Committee yesterday unveiled a rival plan to stimulate the economy, offering a $500 check to virtually every American - including low-income seniors and rich financiers - in a direct challenge to the bipartisan deal reached last week by President Bush and House leaders. (Boston Globe)
From Thomas Sowell: A bipartisan intervention is virtually guaranteed to be a grab bag of inconsistent policies thrown together in order to get the votes of people with contradictory ideas of what ought to be done. (RealClearPolitics)
Meanwhile, another rate cut could be coming. (ABC News)
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