Bush Seeks $145b Spark: ; Says Tax Relief Would Make U.S. Economy 'Just Fine' Again
Charleston Gazette › January 21, 2008
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WASHINGTON - President Bush embraced as much as $150 billion in tax relief on Friday to jump-start the lackluster economy. If Congress passes an economic stimulus package, the country will be "just fine," he said.
Bush said in a White House announcement that such a growth package also must include tax incentives for business investment and quick tax relief for individuals. To be effective, he said an economic stimulus package would need to roughly represent 1 percent of the gross domestic product - the value of all U.S. goods and services and the best measure of the country's economic standing.See the full content of this document
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Bush Seeks $145b Spark: ; Says Tax Relief Would Make U.S. Economy 'Just Fine' Again
Later, visiting a manufacturing plant in Frederick, Md., about 50 miles north of Washington, Bush said: "We need to get this deal done and get it out."
"I believe we can come together on a growth package very quickly," the president said. Earlier, he had said, "There is a risk of a d...See the full content of this document
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