It's an election year and there are fears of a recession.This deadly combination has led to the White House and Congress putting their heads together to come up with what they are calling a "stimulus package" which they believe will keep us out of a recession:As markets roiled from a sharp sell-off around the world and the Federal Reserve cut interest rates at home, Bush met with House and Senate leaders to work out a package of tax breaks for consumers and businesses. In an important concession to Democrats, Treasury Secretary Henry M. Paulson Jr. signaled that he is open to including breaks even for those who pay little to no income taxes. Paulson plans to open formal talks on the details of the package this morning, and Senate leaders agreed to defer to House Speaker Nancy Pelosi (D-Calif.) and House Minority Leader John A. Boehner (R-Ohio) as chief negotiators. But officials said they were close to the framework of a roughly $145 billion plan. About two-thirds of the...(Read Full Post)