Bush pushes tax cut plan in new package pitch
President Bush and his economic team pressed a 1.3 trillion dollar tax cut package as a boost for a sluggish recovery. He argued Congress should pass the plan quickly to help families, align with the 2001 package, and cited Treasury Secretary John Snow to lead discussions while noting past reshuffles and a focus on swift enactment.
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Washington
Bush
Congress
Treasury
John Snow
Snow
Paul Idl Wie Wen
O'Neill
J. Harrie Wilkinson
President Bush
Treasury Department
Consumers limit credit use in 2002 says economist
Washington ap economic uncertainties pushed consumers to be cautious with credit in 2002. Stuart Hoffman chief economist at PNC Financial Services Group noted revolving credit rose only 1.6 percent after a 5 percent gain in 2001. He linked the moderation to debt repayment and debt-financed moves to lower interest home equity loans amid higher card rates.
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Stuart Hoffman
PNC
Financial Services Group
Hoffman
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