Clinton Announces $70 Billion Plan to Bolster Economy
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Bloomberg - Jan. 11 (Bloomberg) -- Democratic presidential candidate Hillary Clinton today unveiled a $70 billion plan to bolster the economy amid growing fears of a recession.
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The Bush administration intends to seek about $70 billion in emergency funding for the wars in Iraq and Afghanistan early next year, Pentagon and congressional officials said on Monday.
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President Bush on Monday announced plans to bring home up to 70,000 troops from Europe and Asia within a decade in a major realignment that Democrats said was politically motivated in an election year.
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A two-day White House-sponsored conference on the economy is aimed at boosting President Bush's proposals for more tax cuts, freer trade, tort reform and Social Security changes.
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Democratic leaders in the U.S. House  of Representatives on Tuesday began laying the groundwork for  an economic stimulus plan of about $100 billion that likely  will include tax rebates to help stave off a possible  recession.
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Congress is poised to provide $70 billion more for military operations in Iraq and Afghanistan as it adopts a record $448 billion budget for the Pentagon.
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A tax-cutting plan to balance the budget, add jobs and jump-start the economy.
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The US Senate approves an economic stimulus plan to provide extra money to retired people and veterans.
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President George W. Bush and leaders of the Democratic-led Congress vowed on Tuesday to move quickly to work out the details of a $150 billion stimulus package for the U.S. economy, as fears of a recession prompted a sell-off in global financial markets.
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The Congress passed a nearly $152  billion plan to stave off an election-year recession by sending  government rebate checks to millions of Americans and providing  business tax incentives to boost spending.
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President Bush, who has promised that his plan to allow private investment accounts in Social Security would give workers a &quot;better rate of
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Presidential candidate Hillary Rodham Clinton said the U.S. is a market for foreign companies to invest in.
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Democratic presidential contender  Hillary Clinton on Friday proposed $70 billion in emergency  spending to stave off a possible U.S. election-year recession,  upstaging Republican rivals who clashed over the economy but  offered few specifics.
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The White House and the Democratic-led Congress have reached a tentative deal on a $150 billion economic stimulus plan that includes tax rebates for workers and business investment incentives, congressional sources said on Thursday.
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Democratic  presidential contender Hillary Clinton said on Saturday she  believed the U.S. economy was heading toward a recession.
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The Senate passed an economic rescue plan Thursday that would speed $600 to $1,200 in rebates to most taxpayers and $300 checks to low-income people, including disabled veterans and the elderly.
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A top Senate Democrat unveiled a $156 billion economic stimulus package Monday that awards rebates to senior citizens living off Social Security and extends unemployment benefits, setting up a clash with President Bush and House leaders pushing a narrower package.