Archive for the ‘George W Bush’ tag
U.S. Housing Bill Goes to President’s Desk
In a rare weekend meeting, the U.S. Senate passed the housing
bill by 72-13 votes. The legislation now awaits the signature of
U.S. President George W. Bush, who could sign it into law as early as
this week.
The bill would aid over 400,000 mortgage borrowers
with the FHA assuming up to $300 billion in refinanced 30-year mortgages.
The legislation also includes government relief to…
Treasury’s Paulson Says it Was Easy to Recommend President Sign Housing Bill
Although he is not pleased with some parts of the
housing bill, U.S. Treasury Secretary Henry Paulson said
it was easy for him to recommend to President George W. Bush to sign a
housing rescue package into law on Wednesday.
President Bush Calls for Permanent Tax Cuts
President George W. Bush said government tax revenues will increase by
$280 billion if Congress does not make permanent the tax
cuts introduced earlier in his administration.
Speaking at a press conference on Monday, Bush said there is “no
question tax cuts provided economic vitality” and called for the cuts to
be made permanent.