David Kirkpatrick

September 8, 2010

The latest on the White House proposed tax cuts and infrastructure spending

Filed under: Business, Politics — Tags: , , , , — David Kirkpatrick @ 1:20 pm

Can Obama pull off these fiscal moves this year? Opinions are a mixed bag, but the quick answer is probably not.

From the link:

Tax experts and economists offered mixed reviews about the feasibility of the Obama administration’s attempt to pass additional tax cuts now with the legislative year winding down, even as the president declined Sept. 3 to specify what proposals his administration will advance.

On Aug. 30, the president announced that he will propose a series of targeted tax cuts and infrastructure investments in the coming days and weeks, some of which will be new.

“I will be addressing a broader package of ideas next week,” the president told reporters at the White House Sept. 3. “We are confident that we are moving in the right direction, but we want to keep this recovery moving stronger and accelerate the job growth that’s needed so desperately all across the country.”

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