President Considers A Boost to Economy
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With the price of oil hovering near $100 a barrel and overall economic anxiety on the rise, President Bush said yesterday that he may use his upcoming State of the Union address to propose a stimulus package intended to promote growth and shore up weak parts of the economy.
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President Bush says his economic plans will expand opportunities for small businesses and regular people, while challenger John Kerry's proposals will only expand the government.
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The re-election of President George W. Bush may lift Wall Street out of its rut, with sectors like pharmaceuticals, defense and oil expected to rally, but any follow-through depends on economic strength, analysts said.
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WASHINGTON -- President Bush sought Americans&#39; support yesterday for quick action on an economic agenda that would bring far-reaching changes to their lives.
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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 gave a wide-ranging speech about the economy yesterday, but proposed no new policies to deal with the emerging economic distress. Instead, he asked Congress to take up various actions that have been mainstays of the administration's second-term economic policy.
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President Bushâs suggestion of an economic stimulus package is the clearest indication yet of a growing concern inside the White House over the possibility of recession.
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The White House said Tuesday it was not predicting a recession in the United States and but that it was open to a larger stimulus package than its proposed 140-150 billion dollar boost.
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The Treasury secretary said the Bush administration was considering how to give the economy a boost as it weathers a housing correction, but does not want to rush.
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A tax-cutting plan to balance the budget, add jobs and jump-start the economy.
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The nation&#39;s economy is growing, President Bush told attendees on the second day of a White House economic conference, but work remains to be done on Social Security, the deficit and what the president called &quot;fiscal restraint.
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President Bush speaks at the White House Conference on the Economy at the Ronald Reagan Center, Thursday, Dec. 16, in Washington. (AP Photo/Ron Edmonds).
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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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The White House said on Thursday it was moving closer to unveiling a plan to lift the fragile economy and President George W. Bush hopes he can reach a quick agreement on it with the Democratic-led Congress.
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President George W. Bush was open to options on a package to stem troubles in the U.S. economy that have sent global financial markets plummeting, the White House said on Tuesday.
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Even though he's not running for re-election this year, President Bush knows just what he would focus on if he were: the economy and taxes.
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Amid growing worries about a worsening of the U.S. economy, Democratic presidential candidate Barack Obama proposed a $75 billion economic stimulus plan on Sunday that includes worker tax credits, a one-time pension supplement and help to homeowners facing foreclosure.