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Politics : WHO IS RUNNING FOR PRESIDENT IN 2004

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To: Tadsamillionaire who started this subject2/19/2004 10:16:05 PM
From: calgal  Read Replies (1) of 10965
 
Dems Challenge Bush's Economic Predictions
(CNSNews.com) - House Democrats have written a letter to President Bush after two Cabinet officers refused to support President Bush's prediction that the economy will add 2.6 million jobs this year.
The Dems want an explanation of the administration's economic policies on job creation and the deficit. The letter was written by House Democratic Leader Nancy Pelosi, House Democratic Whip Steny Hoyer, House Democratic Caucus Chair Robert Menendez, and House Democratic Caucus Vice Chair James Clyburn.

"During the past week, your Administration has sent conflicting signals to the American people regarding the sluggish job growth that has plagued America for the past three years," the Democrats wrote.

They said Bush's two top economic advisers Treasury Secretary John Snow and Commerce Secretary Don Evans "refused to back up the official prediction by the White House that the economy will add 2.6 million jobs this year."

The Democrats accused the administration of creating a "rosier" economic future through its projections than "the non-artisan Congressional Budget Office and other recognized economists."

They said Americans deserve to know what to expect "over the next year and what your plan is for jumpstarting the economy."

"Given the conflicting statements of your economic team, we urge you to resolve the differences of opinion in your Cabinet and present the American people with a real estimate of the impact of your economic plan and the jobs it will create," the Dems added.

"It is difficult for Members of Congress to support your economic policies when there is no reasoned estimate of their impact," they said. "We are eager for some reassurance that your economic projections and estimates are based in reality, not political fiction."

The Democrats asked Bush to "put partisan politics aside and extend unemployment benefits."
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