Bush and Congress Seen Pushing for Stimulus Plan
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Concern about a possible recession is bringing the president and lawmakers closer to agreeing that an economic stimulus package is needed soon, officials said.
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Democrats and Republicans clashed over deficits and tax cuts Thursday as Congress moved toward sending President Bush an $800 billion boost in the government&#39;s debt limit.
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President George W. Bush on Friday called for a package of tax cuts and other measures totaling around $140 billion to shore up the fragile U.S. economy.
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President George W. Bush is open to options on the details and size of a package to boost the troubled U.S. economy, the White House said on Tuesday as Bush prepared to meet with lawmakers.
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President Bush has decided that an economic stimulus package is needed to help the sagging economy, the White House said Thursday
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President Bush today opened talks with a bipartisan group of congressional leaders on an economic stimulus package and said he was optimistic that he and lawmakers could find "common ground" on measures aimed at heading off a U.S. recession.
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A consensus that the struggling U.S. economy needs rescue emerged on Thursday as the powerful Federal Reserve chairman backed the idea and President George W. Bush urged a quick and temporary fiscal package.
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U.S. News & World Report - President Bush's economic stimulus plan would put $800 in the pocket of almost every taxpayer. Given that Congress is pretty much on the same page, why isn't that prospect buoying everyone's hopes? Maybe one reason is that Wall Street and consumers alike realize that unless oil prices drop significantly--which may well happen if we fall into a recession--many will be emptying that newfound stash just to pay for the increase in gasoline and other energy prices this year.
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President Bush sought support from congressional leaders of both parties Monday for his aggressive proposal to overhaul Social Security during his second term.
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US lawmakers are nearing a fast-track plan aimed at boosting the economy and avoiding a possible recession.
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A consensus that the struggling U.S.  economy needs rescue emerged on Thursday as the powerful  Federal Reserve chairman backed the idea and President George  W. Bush urged a quick and temporary fiscal package.
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Saying the nation's flagging economy urgently needs "a shot in the arm," President Bush called today for an economic stimulus package centered on tax rebates and incentives, but declined to specify how large the rebate checks should be, leaving the matter up for negotiation with Congress.
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President George W. Bush would like to see a package of tax cuts and other measures totaling around $140 billion to shore up the fragile U.S. economy, a White House document showed on Friday.
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President Bush plans to ask Congress on Monday to rush about &#36;2.5 billion in additional aid to hurricane-battered Florida, administration officials said on Friday.
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President Bush said in an interview on Monday that Congress could help hold off a recession by passing a stimulus package.
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A one-time tax rebate is at the heart of an economic stimulus package being negotiated by House leaders and Treasury Secretary Henry Paulson on Wednesday.
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WASHINGTON -- President Bush is sending Congress a $3 trillion spending blueprint that would provide a big boost to defense and protect his signature tax cuts.