Bush Ignores Record Debt: Pushes $150 Billion Package

January 19, 2008
Bush Ignores Record Debt: Pushes $150 Billion Package

WASHINGTON - President Bush said Saturday "the kind of spending projects that would have little immediate impact on our economy" should not be part of any stimulus package, setting the stage for a possible clash with Democrats.

Bush and the Democratic-controlled Congress are emphasizing their desire to work together as they rush negotiations on a short-term measure to prevent the economy from falling into recession. But while there is broad agreement that one-time tax rebates for consumers will be part of the package, there are different priorities at work for the rest of the measure.