Friday, January 18, 2008

Bush Calls for $145 Billion Economic Aid Package - New York Times

While much of the political news has been focused on the presidential race, there have been some interesting developments related to governing. With heightened concerns about the economy, Bush and Congress seem more interested in trying to do something about it. This story raises some interesting questions:
Bush Calls for $145 Billion Economic Aid Package - New York Times
Since we have a Democratically controlled Congress, and a Republican president, what are the chances that his proposal will pass? Are there reasons to believe that this type of bill has a better chance of passage than others, even under divided government? You will also find some good background info about the Bush tax cuts, which will be discussed later in the semester.

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