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Submitted by WWAY on Tue, 01/29/2008 - 9:59am.

CAPITOL HILL (AP) -- The House will vote this afternoon on a plan to speed tax rebates of up to $1,200 to most income earners, while giving tax breaks to businesses. A Senate panel is to vote tomorrow on its own version of the economic aid package, which gives rebates of up to $1,000 to a broader group, including wealthier taxpayers and older Americans living off Social Security. The Senate version also would extend unemployment benefits. Several GOP senators are among those backing the proposal to extend unemployment payments for 13 weeks for people whose benefits have run out, with 26 more weeks available in states with jobless rates higher than 6 percent. The Senate's move would put it on a collision course with President Bush, who has cautioned against adding to a carefully negotiated package. House Democrats and Republicans both surrendered cherished proposals to reach a deal. (Copyright 2008 by The Associated Press. All Rights Reserved.)

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