Economy Propelled by 2003 Bush Tax Cut, Report Says

Summary

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WASHINGTON - President Bush's economic advisers predicted Monday that the U.S. economy would add 2.6 million jobs this year in an election-year bonanza for the incumbent president.

In the annual Economic Report of the President, the president's Council of Economic Advisers gave credit to Bush's 2003 tax cut, saying it "appears to have propelled the economy forward into a strong recovery."

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Economy Propelled by 2003 Bush Tax Cut, Report Says

The upbeat forecast, should it be realized, could undercut the message of Democratic presidential candidates that Bush has mismanaged the economy. On Monday, the candidates zeroed in on the 2.2 millio...

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