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January 31st, 2008
Posted: 12:40 PM ET
WASHINGTON (CNN) — Treasury Secretary Henry Paulson on Thursday urged the Senate to reject the economic stimulus package approved Wednesday by the Senate Finance Committee and pass instead the less-expensive version passed Tuesday by the House. “I’m concerned that the bill that has come out of the Senate Finance Committee is already too complex, and once it gets to the Senate floor it’s in danger of looking like a Christmas tree,” he told reporters. Paulson said he has been speaking with senators of both parties. “I again have expressed the view that the House bill does work,” he said. “There, I think, the leaders were very wise in simplifying it and resisting the temptation to make it look like a Christmas tree.” |
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