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Why there was no stimulus bill? (Taxonomist).(Brief Article)

American Prospect, The,  January, 2002  by McIntyre, Robert S.

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THE BEST NEWS ON THE ECONOMIC AND BUDGET FRONT in December was the failure of Republicans to ram their big corporate tax-cut package through Congress in the name of "stimulus." The bad news was that nothing was done to boost the economy and help those most hurt by the recession.

What went wrong? Unfortunately, press reports have offered little help in sorting things out, since reporters apparently believe it is their professional duty to report both sides' assertions without qualifying them with factual information. So here's a chronology of what really happened.

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