NeWS to KnOW

House Speaker Nancy Pelosi told The Wall Street Journal that she is considering a two-staged effort to boost the shaky U.S. economy, arguing for action now on a $60 billion to $100 billion stimulus package, followed early next year by a companion measure that would include a "permanent tax cut." In an interview, Pelosi pointed to weakness in the job market, and urged the White House to work with Congress in the waning days of President Bush's term. She said any measure enacted in a lame-duck session of Congress this month would effectively be a downpayment on additional measures enacted later. "We'll take the longer view as soon as we take over in January."


Posted by Daniel DiGuglielmo on November 6th, 2008 2:57 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

        

Daniel DiGuglielmo - Your Mortgage Banker
NMLS # 267473

E-mail:
DanielD@AliantBank.com
100 Century Park South, STE 200
Birmingham, AL 35226 
Fax: 205-823-5403 Phone: 205-823-1727      

 

Copyright © 2012 Aliant Mortgage, A Division of USAmeribank
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map