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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 05, 2003
Page
4
The article outlines a plan to fix the alternative minimum tax to stop targeting only the wealthy, noting it now hits more middle income filers. It also reports talk of a larger cut in dividend taxes, possibly exceeding 50 percent, with President Bush set to unveil the plan Tuesday in Chicago.
Texas Republicans push bills to cap noneconomic damages in malpractice suits while seeking overhaul of Robin Hood school finance. Craddick expects a tough path. Democrats vow defense. Lawmakers must resolve a 114 billion biennial budget with big spending in education, health care, and public services.
Democrats in the House form an alternative stimulus proposal amid debates over Bush economic aid. Nancy Pelosi calls the talks an emergency meeting as 800,000 unemployment benefits were cut off, while Bush defends his plan and Chicago speech timing.
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