Congressional leaders have struck a $150 billion deal on an economic stimulus plan that would give most taxpayers rebate checks of $600 to $1,200.

House Speaker Nancy Pelosi, D-Calif., and Minority Leader John Boehner, R-Ohio, announced the agreement with Treasury Secretary Henry Paulson. Every individual who earns a paycheck would be entitled to a rebate, even low-income earners who are exempt from paying federal income taxes.

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