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Bush / State of The Union Address / Economy / Withholding Tax / Home Buyers Tax #137689

ABC Evening News for Wednesday, Jan 29, 1992
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(Studio: Peter Jennings) Direction of President Bush's State of the Union addresses last year and this year compared.

(White House: Brit Hume) Bush's modest economic program featured; scenes shown of Bush with Republican report card on his speech in the background and with Representative Thomas Foley. [Before Congress, Federal Reserve Board chairman Alan GREENSPAN - says there are signs that the economy is stabilizing.] [Council of Economic Advisers Michael BOSKIN - comments.]

(Studio: Peter Jennings) Report introduced.

(New York: Jim Hickey) President's decision to lower income tax withholding in the hope that increased income in hand will bolster the economy examined. [Taxpayer Barbara TOPPOLO - cites importance of the tax refund.] [Tax accountant Dave BERENSON - comments.]

(Studio: Peter Jennings) Report introduced.

(Washington: Stephen Aug) Bush's plan for tax break for first-time home buyers examined. [Potential home buyers Michelle STRAVITZ, MAN, Richport Properties president Rich PORTER - comment.] The ripple effect of housing on the economy detailed; industries that could be affected listed. [National Association of Home Builders David SEIDERS - cites sales.] [CARPENTER - comments.]

(Studio: Peter Jennings) Bush proposal that well-off prisoners should pay their own way mentioned.

Aug, Stephen;
Hickey, Jim;
Hume, Brit;
Jennings, Peter

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