RSSObama outlines new spending to boost economy
From: The Washington Times | December 8, 2009
Trapped between a bad economy and high budget deficits, President Obama on Tuesday called for a series of small fixes from a one-year capital-gains tax break for small businesses to incentives for consumers to make their homes more energy-efficient -- but he said Congress will have to work out the details. Seizing on a recent report that last year's Wall Street bailout will cost at least $200 billion less than previously thought, Mr. Obama said some money from the $700 billion Troubled Assets Relief Program (TARP) should be redirected toward encouraging small-business growth, but he also promised that some of ...
Obama outlines new spending to boost economy
From: The Washington Times | December 8, 2009
Trapped between a bad economy and high budget deficits, President Obama on Tuesday called for a series of small fixes from a one-year capital-gains tax break for small businesses to incentives for consumers to make their homes more energy-efficient -- but he said Congress will have to work out the details. Seizing on a recent report that last year's Wall Street bailout will cost at least $200 billion less than previously thought, Mr. Obama said some money from the $700 billion Troubled Assets Relief Program (TARP) should be redirected toward encouraging small-business growth, but he also promised that some of ...
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