Showing posts with label Economic Stimulus Growth Package. Show all posts
Showing posts with label Economic Stimulus Growth Package. Show all posts

Thursday, February 07, 2008

House Follows Senate Today In Approving $151 Billion Economic Stimulus Plan - President Bush Signals He Will Sign It

House Follows Senate Today In Approving
$151 Billion Economic Stimulus Plan -
President Bush Signals He Will Sign It
Thursday, February 07, 2008
.
FoxNews.com brings us this bit of good news tonight and it starts off like this... The Senate passed the economic rescue plan earlier Thursday. The 81-16 vote capped more than a week of political maneuvering that ended only when majority Democrats dropped their demand that the proposal offer jobless benefits, heating aid for the poor and tax breaks for certain industries... GOP senators blocked those ideas, but agreed to add the rebates for older people and disabled veterans to a $161 billion measure the House passed last month... House leaders said they would act as early as Thursday night to send the measure to President Bush...
Read the rest HERE

* Bloomberg.com has this take on the story tonight... The U.S. Congress gave final approval to a $151 billion economic stimulus package that will send tax rebate checks to more than 100 million households in an effort to boost the slowing economy... In an 81-16 vote, senators agreed to add rebates for 20 million senior citizens and 250,000 disabled veterans to a measure previously approved by the House. That chamber approved the revised bill 380-34 less than three hours later, sending it to President George W. Bush for his signature. Bush signaled he would sign the measure...
Read the rest at link below...

Friday, January 18, 2008

President Bush Calls for $145B Economic Stimulus Growth Package

President Bush Calls for $145B
Economic Stimulus Growth Package
Congress Negotiates Package
Expected To Include Rebate Between
$300 - $800 For Taxpayers
Friday
, January 18, 2008

About Photo: With Vice President Dick Cheney looking on, President George W. Bush delivers a statement in the Roosevelt Room of the White House Friday, January 18, 2008, regarding the economy of the United States.
Transcript/Video and more can be found at links below...
* President Bush Discusses Economy, Growth Package
* Fact Sheet: Taking Action to Keep Our Economy Healthy
White House photo by Joyce N. Boghosian
*******************

>>> FOXBusiness.com has this report...
President Bush, acknowledging the risk of recession, embraced about $145 billion worth of tax relief and other incentives Friday to give the economy a "shot in the arm.” ... Bush said such a growth package must also include tax incentives for business investment and quick tax relief for individuals. And he said that to be effective, 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...

President Calls for $145B Economic Stimulus Package

>>> WashingtonTimes.com reports it this way...
President Bush today said there is "real concern" about the economy and called on Congress to quickly pass an economic relief package that provides tax incentives for small businesses and rebates for individual consumers... Congressional leaders continued to negotiate the details of the package, which is expected to include a rebate of between $300 and $800 for taxpayers...

Bush's relief package offers $800 rebates