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| U.S. Congress, Business Timeline Legend |
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| Stocks
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| Today |
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US lawmakers pass housing rescue| The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans | | |
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| Feb.7 |
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Congress approves US economy plan The Congress has passed a $167bn economic stimulus plan aimed at helping to bolster the U.S economy and avoid a recession
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| Jan.28 |
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 Bush addresses US economy fears  | President George W Bush has urged Americans to have confidence in the economy in the long-term, as he gives his final State of the Union address | | |
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| Jan.24 |
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Deal reached on US economic plan| The White House and the Democrats in Congress have agreed a $150bn stimulus package that will offer tax rebates to boost growth | |
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| Aug.4 |
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House passes clean energy bill The House of Representatives has passed a radical bill to expand the use of renewable fuels and cut tax breaks to oil firms
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| Feb.2 |
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Congress scraps cotton subsidy The Congress has approved the scrapping of major subsidies to the cotton industry, to help the developing world
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| Sep.9 |
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 $51.8b storm aid approved Congress approved emergency spending to pay for Hurricane Katrina recovery efforts
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| Sep.7 |
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Bush seeks $50bn hurricane relief| The President Bush is to ask Congress for more extra emergency funding to deal with the aftermath of Katrina | |
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| Feb.7 |
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Bush budget seeks deep cutbacks U.S. President has presented his 2006 budget to Congress, cutting 150 domestic programs
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| Nov.3 |
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 Congress passes Iraq budget The Senate has given final approval to Bush's huge emergency funding package for Iraq and Afghanistan
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| Oct.30 |
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$87 billion approved for Iraq, Afghanistan On a 298-to-121 vote, the House is clearing the way for final Senate approval and a presidential signature
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| Apr.16 |
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Bush calls for $550 billion in tax cuts President used the backdrop of tax day to press Congress to approve tax cuts he says will spur a sagging economy
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| Apr.11 |
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U.S. House passes $550bn tax cut The House of Representatives voted 216 to 211 after weeks of heated debate
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| Mar.25 |
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Senate reverses Bush tax cuts The Senate has reduced the size of proposed tax cuts by 50%, from $726bn to $360bn
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| Feb.13 |
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 Enron 'bribed tax officials' The energy gian paid no income tax between 1996 and 1999 according to the investigation by the Senate Committee
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Space shuttle and crew lost
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| Jul.8 |
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Bush wants new laws on corporate abuse| Former WorldCom CEO Bernard Ebbers and ex-CFO Scott Sullivan take Fifth on Capitol Hill | |
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| Jun.26 |
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Bush vows WorldCom inquiry President, Congress and other federal regulators vowed to investigate WorldCom while analysts forecast bankruptcy
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| Mar.7 |
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Greenspan upbeat on US recovery Chairman of the US central bank, has told the Senate Finance Committee that the US economic recovery is well under way
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| Feb.22 |
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White House sued for Enron records The US administration has been sued by the investigative arm of the US Congress
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| Feb.10 |
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Former Enron boss refuses to testify Kenneth Lay will exercise his Fifth Amendment rights when he appears before a Congressional hearing
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| Feb.3 |
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Enron's Lay refused to testify The Senate investigations is in disarray after the former CEO would not appear due to a prosecutorial climate
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| Nov.1 |
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Congress tackles airport security New bill will set stricter standards for private security firms
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| Oct.31 |
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US economy shrinks Bush has urged Congress to take action to revive economy, after output had shrunk for the first time in 8 years
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| Oct.5 |
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Bush pushes for more tax cuts
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Wall Street reopens, Stocks plummet
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| May.10 |
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Senate OKs budget plan
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| Mar.15 |
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Bankruptcy reform
| U.S. Congress, Business | Major Events in 21st Century | 
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Alamo homes
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|
| 2006 |
|
| Feb.2 |
Congress scraps cotton subsidy The Congress has approved the scrapping of major subsidies to the cotton industry, to help the developing world
| 2005 |
|
| Sep.9 |
$51.8b storm aid approved Congress approved emergency spending to pay for Hurricane Katrina recovery efforts
|
| Sep.7 |
Bush seeks $50bn hurricane relief| The President Bush is to ask Congress for more extra emergency funding to deal with the aftermath of Katrina | |
|
| Feb.7 |
Bush budget seeks deep cutbacks U.S. President has presented his 2006 budget to Congress, cutting 150 domestic programs
| 2003 |
|
| Nov.3 |
Congress passes Iraq budget The Senate has given final approval to Bush's huge emergency funding package for Iraq and Afghanistan
|
| Oct.30 |
$87 billion approved for Iraq, Afghanistan On a 298-to-121 vote, the House is clearing the way for final Senate approval and a presidential signature
|
| Apr.16 |
Bush calls for $550 billion in tax cuts President used the backdrop of tax day to press Congress to approve tax cuts he says will spur a sagging economy
|
| Apr.11 |
U.S. House passes $550bn tax cut The House of Representatives voted 216 to 211 after weeks of heated debate
|
| Mar.25 |
Senate reverses Bush tax cuts The Senate has reduced the size of proposed tax cuts by 50%, from $726bn to $360bn
| 2001 |
|
| Oct.5 |
Bush pushes for more tax cuts
|
| May.10 |
Senate OKs budget plan
|
|
| 2001 |
|
| Nov.1 |
Congress tackles airport security New bill will set stricter standards for private security firms
|
|
| 2002 |
|
| Jul.8 |
Bush wants new laws on corporate abuse| Former WorldCom CEO Bernard Ebbers and ex-CFO Scott Sullivan take Fifth on Capitol Hill | |
|
|
| 2008 |
|
| Today |
US lawmakers pass housing rescue| The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans | | |
|
|
| 2008 |
|
| Jan.24 |
Deal reached on US economic plan| The White House and the Democrats in Congress have agreed a $150bn stimulus package that will offer tax rebates to boost growth | |
|
|
| 2008 |
|
| Feb.7 |
Congress approves US economy plan The Congress has passed a $167bn economic stimulus plan aimed at helping to bolster the U.S economy and avoid a recession
|
|
| 2002 |
|
| Mar.7 |
Greenspan upbeat on US recovery Chairman of the US central bank, has told the Senate Finance Committee that the US economic recovery is well under way
| 2001 |
|
| Oct.31 |
US economy shrinks Bush has urged Congress to take action to revive economy, after output had shrunk for the first time in 8 years
|
|
| 2002 |
|
| Jun.26 |
Bush vows WorldCom inquiry President, Congress and other federal regulators vowed to investigate WorldCom while analysts forecast bankruptcy
|
| Feb.22 |
White House sued for Enron records The US administration has been sued by the investigative arm of the US Congress
|
| Feb.10 |
Former Enron boss refuses to testify Kenneth Lay will exercise his Fifth Amendment rights when he appears before a Congressional hearing
|
| Feb.3 |
Enron's Lay refused to testify The Senate investigations is in disarray after the former CEO would not appear due to a prosecutorial climate
| 2001 |
|
| Mar.15 |
Bankruptcy reform
|
|
| 2007 |
|
| Aug.4 |
House passes clean energy bill The House of Representatives has passed a radical bill to expand the use of renewable fuels and cut tax breaks to oil firms
| 2003 |
|
| Feb.13 |
Enron 'bribed tax officials' The energy gian paid no income tax between 1996 and 1999 according to the investigation by the Senate Committee
|
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