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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?

To: asenna1 who wrote (313)	1/3/2001 8:04:28 PM
From: MulhollandDrive	Respond to of 59480

Yeah right. Notice the BOLD. Bush to Push Tax Cut Plan at Economic Forum Reuters Photo Audio/Video Bush Reacts To Fed Rate Cut (Reuters) Windows Media - 28.8, 56, 100, 220, 300, Realplayer G2 -------------------------------------------------------------------------------- Bush Fills Remaining Cabinet Positions (KHOU, Houston) RealPlayer G2 -------------------------------------------------------------------------------- Bush Talks to Media About Interest Rate Cut and American Economy (ABCNEWS.com) RealPlayer G2 -------------------------------------------------------------------------------- Download Players Here By Randall Mikkelsen AUSTIN, Texas (Reuters) - President-elect George W. Bush (news - web sites) on Wednesday turns to an issue that could give him a rude welcome as he takes office -- signs of a slowing U.S. economy -- and will push his $1.3 trillion tax cut plan as a solution. Bush is to huddle behind closed doors in Austin, Texas, with top American corporate leaders in what aides describe as a chance for the president-elect to hear from people on the front lines of the economy and rally support for his plans to steer it, including the tax cut proposal he ran on in his campaign. ``He sees the forum as an opportunity to listen to the viewpoints of those who are attending, but also to press his case to build support for his agenda on all economic matters, including the tax cut,'' Bush spokesman Ari Fleischer told reporters on Wednesday in a telephone conference call. He said Bush would outline ``more recent concerns'' about the economy, citing new evidence that a slowdown may be underway. Bipartisan momentum for a tax cut appeared to build on Wednesday, with U.S. House of Representatives Democratic leader Richard Gephardt saying on NBC's ``Today'' show that ``economic worries'' may necessitate a larger tax cut than previously envisioned. ``I think we can work out a compromise where everybody gets some of what they want,'' Gephardt said. Fleischer called the Missouri Democrat's comments ``heartening'' and said Bush would seek bipartisan support to pass his agenda. Bush completed naming his Cabinet on Tuesday. The president-elect will work this week on filling out his White House staff and sub-Cabinet positions, aides said. Bush is to be sworn in as the 43rd U.S. president on Jan. 20. Lindsey To Moderate Economic Forum The economic forum on Wednesday will be moderated by Bush economic adviser Lawrence Lindsey, a former Federal Reserve Board governor. Bush may use the opportunity to announce Lindsey's expected appointment to a top White House economic job. Among those to attend the summit are ``new economy'' titans such as John Chambers, chief executive of Internet equipment maker Cisco Systems Inc. -- whose company's stock hit a 52-week low in a sagging market on Tuesday -- and blue-chip icon Jack Welch, chairman of General Electric Co. . Export giant Boeing Co., the aircraft maker that has become symbolic of U.S. global trade, will be represented by company chairman Philip Condit. A second day of the forum on Thursday is to feature high-tech leaders and focus on issues including trade and regulation. Fleischer said new economic statistics have supported Bush's concern that the U.S. economy is losing steam after eight years of growth under outgoing President Clinton (news - web sites). Reuters Photo Fleischer cited a National Association of Purchasing Management report on Tuesday that its index of U.S. factory activity was at its lowest level since April 1991. Corporate leaders willing to talk to reporters will be made available after the session on Wednesday. But in contrast to a nationally broadcast ``economic summit'' presided over by Clinton as president-elect in December 1992, Bush will hear from the leaders in private. This is to ensure ``give and take,'' Fleischer said. The Bush team has said the prospect of a slowdown is all the more reason to adopt the proposed $1.3 trillion across-the-board tax cut Bush ran on during his presidential campaign. ``I'm worried about an economic slowdown, and I believe it is important for us to ensure against any economic slowdown by a responsible tax relief package,'' Bush said on Tuesday. The White House has accused the Bush team of trying to ''talk down'' the economy for political ends. Bush Aims To Fill Cia, U.N. Posts Bush on Tuesday rounded out a Cabinet that he called ``one of the strongest any president has been ever able to assemble.'' Bush still has two important non-Cabinet jobs to fill and there are Democratic candidates for those -- director of the Central Intelligence Agency (news - web sites) and U.S. ambassador to the United Nations (news - web sites). For the CIA (news - web sites) post, Bush could keep current CIA Director George Tenet, or give the job to former Democratic Rep. Lee Hamilton of Indiana, who also is a contender for the U.N. position. Bush also needs to pick a U.S. trade representative. Aides said Bush, who stepped down as Texas governor after winning the presidency, would be packing on Wednesday to move out of the governor's mansion. He is to move some of his furnishings to his ranch near Crawford, Texas and take some with him to Washington, Bush spokesman Dan Bartlett said. Bush is expected to move to Washington shortly before the inauguration -- taking up residence in a hotel or the official Blair House guest residence -- although he may make a brief trip to the U.S. capital sometime before that.