Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (56245)	11/26/2001 2:47:33 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

November 26, 2001 Congress Divided on Stimulus Package By THE ASSOCIATED PRESS Filed at 1:37 a.m. ET nytimes.com WASHINGTON (AP) -- Congress is seeing deep partisan disagreements over an economic stimulus package, with Bush administration officials stressing corporate tax cuts and Democrats insisting on new help for the unemployed. The Senate's top Democrat said he was troubled by the idea of tax cuts for business at a time when companies are laying off workers. ``They're letting people off in numbers that we've got to be concerned about,'' Senate Majority Leader Tom Daschle, D-S.D., said on ``Fox News Sunday.'' ``I think it would be a tragedy if we left this session of Congress without helping the unemployed at all.'' But White House economic adviser Larry Lindsey said: ``We have to start creating paychecks instead of unemployment checks.'' He warned anew that President Bush will veto spending proposals he views as excessive. ``What we have to do is target tax relief to the sectors of the economy that need it most, that can use it most, put more money in consumers' pockets and avoid this excessive spending binge that some people in the Senate seem to be on,'' Lindsey said on Fox.