Bush Plans Economic Stimulus
Washington Times (11/25/02) Vol. 30, No. 23 p.D1; Lambro, Donald

President Bush intends to use his election mandate to support an economic stimulus bill that will probably push for the hastening of the president's tax incentives as well as the expansion of IRA and 401(k) plans, and the administration's goals have become more ambitious since the recent election. The most important item is to get the economy growing faster, but U.S. Chamber of Commerce Chief Lobbyist Bruce Josten says that tax incentives for retirement plans and for business expenses will appear. The incentives will slowly raise the contribution limits for retirement plans, but these may be hastened and expanded, and the president is also expected to push for bankruptcy reform.


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