5 February 2001, 19:26 President Bush Monday said favored making his broad income tax cuts retroactive to Jan. 1,
as he unveiled a plan that
otherwise is nearly identical to one he proposed in 1999. He also warned
Congress not to attempt loading up his plan with their own proposals,
saying he would "defend mightily" the size and approach of his tax-cut
plan. Bush and his advisers contend the plan will cost $1.6 trillion over
10 years, but Democrats say its cost is much higher than that.
© 1999-2024 Forex EuroClub
All rights reserved