WASHINGTON (AP) - Emergency help for the economy may be on the
way. President Bush today is slated to push for an economic
Mr. Bush wants rebates of up to $800 for individual taxpayers and
$1600 for married couples. Lawmakers are considering smaller
His comments are expected midday Friday at the White House and follow economic discussions Thursday with members of Congress.
Tax rebates would likely be limited to individuals with annual incomes under $85,000 and couples who make less than $110,000 a
The White House says Bush will insist that any package be effective, simple and temporary.
Federal Reserve Chairman Ben Bernanke is also getting behind a temporary economic boost. And he says Congress should act quickly for it to be effective.