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Presidential News

Bush Pushing Congress on Stimulus Plan

Sunday, January 27, 2008 4:31:10 AM
By JENNIFER LOVEN

President Bush returns to the White House in Washington, after a morning bike ride in Maryland, Saturday, Jan. 26, 2008.   (AP Photo/J. Scott Applewhite)WASHINGTON (AP) - President Bush appealed on Saturday for swift congressional action on an economic rescue initiative and an electronic surveillance law that soon expires.

The White House and House leaders of both parties reached agreement on a simply drawn stimulus program, which would provide tax rebate checks to 117 million families and give businesses $50 billion in incentives to invest in new plants and equipment. In his weekly radio address, Bush asked Congress to approve the agreement as soon as possible.

Some in the Senate, which will take up the measure after it goes to the House floor next week, have signaled that they want to broaden the bill. Democrats there want such things as an unemployment benefits extension, an increase in home heating subsidies or higher food stamp benefits. Bush suggested they could derail the whole effort, and he warned against it.


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