Bush wants $140 billion economic package
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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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A consensus that the struggling U.S. economy needs a rescue emerged on Thursday as the powerful Federal Reserve chairman backed the idea and President George W. Bush made clear he would offer a plan soon.
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The House of Representatives on Thursday gave final approval to a $151 billion economic stimulus package that President George W. Bush is expected to sign into law.
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President Bush on Monday proposed a &#36;2.57 trillion budget that slashes domestic programs from farm aid to housing grants for the poor, as he sought to curb budget deficits that have soared on his watch.
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US President George W. Bush proposed a 3.1 percent increase in the US space agency's budget for fiscal 2008 for a total of 17.31 billion dollars.
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President George W. Bush on Friday plans to call for an economic stimulus package equal to about 1 percent of U.S. gross domestic product, according to a White House document obtained by Reuters.
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President Bush on Monday will seek $245 billion for the wars in Iraq and Afghanistan while boosting other military spending and curbing domestic programs, setting the stage for a big battle with Democrats over funding priorities.
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WASHINGTON - Without fanfare, President Bush Friday signed into law a bill containing nearly $140 billion in corporate tax cuts denounced by critics on both sides of the aisle as a giveaway to special interests.
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President George W. Bush was open to a bigger economic stimulus than the $150 billion package he has proposed, the White House said on Tuesday as turmoil in world financial markets and fears of a recession prompted lawmakers to call for urgent action.
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President George W. Bush hopes a $150 billion economic stimulus package will avert a recession in his final year in office but he also faces another problem: worsening budget deficits.
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President Bush asked Congress on Saturday for $3.2 billion to pay for at least 4,000 extra combat support troops and military police forces that commanders told the president they need in Iraq.
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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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Mitt Romney, who has pledged to bring his business sense to the White House, outlined an economic stimulus package Saturday far bigger than anything President Bush, congressional leaders or top presidential rivals have suggested.
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US president proposes stimulus package of about $145b to stave off recession as economy struggles
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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 Bush signed legislation to send $300 to $1,200 rebate checks to millions of Americans as a 'âbooster shotâ' for the economy.
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President Bush said he would increase emergency aid to $350 million, putting the overall amount donated at nearly $1.2 billion from 40 nations.