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United push for economic stimulus overshadows wider K Street agenda

Quick passage of a significant stimulus package has become the singular focus of K Street, as business groups build consensus for tax cuts and industry incentives and look for ways to insert their own policy initiatives in the economic recovery measure. And in what is likely to be one of the first legislative issues passed in the Obama administration, the business sector is striking a conciliatory tone with the new Democratic majority to ensure swift consideration of a measure that many hope will be the injection needed for the American economy. “We believe President Obama must succeed,” said U.S. Chamber President Tom Donohue, in a recent address to the media. “We will… Read More