1. The Japanese government announced two spending packages amounting to over a hundred and ten billion pounds. 2. Although the House and the Senate are still haggling over the spending package, a formal vote is expected within the next two weeks. 3. Among immediate economic actions, the United States is to announce a major spending package to stimulate its economy. 4. Analysts said the expected new finance minister, Hiroshi Mitsuzuka, could have the political pull to push through a supplementary spending package. 5. And the spending package for the Departments of Labor, Health and Human Services, and Education has drawn a host of objections from Clinton because of spending cuts. 6. At present the president can veto spending packages only as a whole. 7. At the same time, Sakaiya suggested that more such spending packages may be required. 8. A large-scale government spending package would require the sale of government bonds, which could lead bond prices lower by increasing supply. 9. A similar spending package is pending in the House, where a vote is expected next week. 10. After provoking a fight by insisting on unrelated amendments, the leadership quickly retreated when Clinton vetoed the spending package. |