Home
Photos
Archives
Profiles
Essays
Luke Ford
Lending Tree

White House Considering Stimulus Package

From the AP:

Dan Danner, executive vice president for public policy for the National Federation of Independent Business, said his group and other business organizations will be lobbying for tax incentives to be included in any stimulus package. ''We are very hopeful that as the administration looks at economic stimulus, they will look at the sector that has helped keep the economy afloat and that is small business,'' Danner said. Former Treasury Secretary Lawrence Summers, who served in the Clinton administration, said in a speech last month that a stimulus package of $50 billion to $75 billion of temporary tax cuts and emergency spending would be needed to avoid what he said could be the worst recession since the steep 1981-82 downturn.