Treasury Secretary Pushes Senate To Act On Economic Package
WASHINGTON D.C. (AP) – Treasury Secretary Henry Paulson is urging the Senate to get behind the economic stimulus plan or risk an irate public.
President Bush and House leaders are in agreement on a proposal to offer more than 100 million families tax rebate checks and give businesses $50 billion in incentives.
Paulson, the president’s chief negotiator in the deal, says the American public won’t “have much patience for anything that would slow down the process.”
The Senate is considering adding provisions that would extend unemployment benefits, boost home heating subsidies and raise food stamp benefits.
When asked if such ideas would be deal-breakers, Paulson said he did not “want to cast a shadow on this rare bipartisan moment.” He spoke on the Sunday morning talk shows.