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Money Watch (Economic Stimulus Package) #890889

CBS Evening News for Thursday, Jan 17, 2008
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(Studio: Katie Couric) Federal Reserve Board chairman Ben Bernanke’s recommendation for an economic stimulus package noted; Commerce Department figures on home construction cited; Stock Market Report.

(Studio: Anthony Mason) Proposals for a fiscal stimulus package reviewed; scenes shown from an Atlanta auction of foreclosed houses; details recalled about the 2001 tax rebate. [BERNANKE – tells Congress they need to act quickly.] [Former Treasury Secretary Lawrence SUMMERS†- says we should have acted sooner.] [Representative Daniel LUNGREN†- comments.] [StrategicPoint Investment Advisors Jill SCHLESINGER†- states people will feel better emotionally and psychologically.] Democrats’ rejection of President Bush’s push for an extension of his tax cuts discussed.

Reporter(s):
Couric, Katie;
Mason, Anthony
Duration:
00:03:00

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