January 17, 2003
- CHN: Bush Proposes $674 Billion “Economic Stimulus” Package
Economists Predict Record Deficits Will Result On January 7, President Bush unveiled his plan for reviving the sagging economy: a $674 billion stimulus package featuring tax breaks favoring the wealthy. Critics of the plan – who include members of the President’s own party – warn that it not only fails to provide economic stimulus, but Read More »
Posted in Budget and Appropriations, Tax Policy Comments Off - CHN: Senate Works Toward Completion of 2003 Appropriations
Anti-Poverty Programs to Receive Significant Cuts The fiscal year 2003 appropriations process came to a halt last year just prior to the 2002 Congressional elections, leaving all eleven non-defense spending bills unfinished. The stalemate was the result of partisan divisions over spending levels and internal Republican disagreement over how closely to stick to the $749 Read More »
Posted in Budget and Appropriations Comments Off - CHN: Unemployment Benefits Extended for Some Workers
Over One Million Workers Left Behind On January 8, the President signed into law a $7.2 billion package to extend unemployment benefits for some jobless workers. The House passed the bill earlier that day, and the Senate unanimously passed the measure on January 7. The law (PL 108-1) – the first passed in the 108th Read More »
Posted in Labor and Employment, Unemployment Insurance Comments Off
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