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Economy: Stimulus Package #883587

ABC Evening News for Thursday, Jan 24, 2008
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(Studio: Charles Gibson) The agreement between President Bush and Congress on a 150 billion dollar economic stimulus package reported.

(White House: Jonathan Karl) What is in the package examined; details given about who will and will not get a check, about the temporary tax breaks for businesses, what the Democrats wanted for poor people and the timetable for the checks to get in the mail. [BUSH - comments on the incentives to boost the economy.] [Representatives John BOEHNER†, Speaker of the House Nancy PELOSI - praise the simplicity of the package to stimulate the economy.] [Secretary of Treasury Henry PAULSON†- comments.]

(Studio: Charles Gibson) Report introduced.

(Studio: Betsy Stark) The question of whether or not the stimulus will work to curtail the recession examined; details given about the tax rebate designed to be spent, of how people {writing to the ABC Website} will spend the money, what businesses need more than tax breaks and how extending unemployment benefits would help. [Economic Policy Inst. Jared BERNSTEIN†- talks about the economy.] [On the street, two PEOPLE - talk about the rebate money.]

(Studio: Charles Gibson) The drop in the sale of pre-owned houses cited.

Gibson, Charles;
Karl, Jonathan;
Stark, Betsy

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