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Bush and Congress Looking for Bipartisanship Against Economic Problems

January 12, 2008

With the fear of a recession increasing, with the candidates talking about it, those in Senate and President Bush both are beginning to feel the pressure of the potential recession. So, with the hopes of trying to fix these economic problems, Senators and Bush alike are trying to put together a plan that might work. Only, this time, they are willing to work together on it rather than against each other. Rather than a partisan plan, both the Republicans and the Democrats are looking to work together to create a bipartisan plan that might take some plans from both sides to really make a great system.

However, there are fears that there will be some tension between the Administration and Congress. The Administration is a Republican and the Congress is Democratic. So, the big question that is being asked is can the two different parties come together with a plan? Is there a way that they can come together with a plan? According to some, with the sudden push with the candidates running for President for bipartisanship, citizens in America are looking towards their leaders to do the same. In 2002, there was a bipartisan agreement when the economy was in a slump.

What, though, could they do to really try and fix the economy? Democrats are notorious for spending a lot of money to try and boost the economy. And Republicans are notorious for giving a lot of rebates, tax cuts, and other things to put money back into the pockets of the average person. So, what could they do? In 2002, they came up with a mixture of tax rebates, corporate tax relief, and unemployment benefits. This was a mixture of Republican and Democratic ideals and it seemed to work for a time. Could we see this again?

The one thing that both sides are going to need to keep under control is their ideals. In 2001 and 2003, Bush had some pretty large tax cuts. Democrats love to spend a lot of money. To make this work, it is believed that Bush will have to not make huge tax cuts like he did in those previous years and definitely not repeal the estate tax; in return, the Democrats will have to agree not to spend boat loads of money like they are notorious for. However, if the two parties can work together, they might find a really beneficial middle to help the economy. However, until then, this is amazing content for the candidates.

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2 Responses to “Bush and Congress Looking for Bipartisanship Against Economic Problems”

  1. Debate in White House on Economic Fix : Daily Politics on January 17th, 2008 5:05 pm

    […] is a priority to the President; however, Democrats feel that a permanent tax cut could destroy the plan before it is even released. And the big issue right now is that there are hopes that this will be a bipartisan plan that could […]

  2. Bush Proposes Plan for $145 Billion to Boost Economy : Daily Politics on January 19th, 2008 1:58 am

    […] or $1600 for a household. Truth be told, that could really help the economy. However, until Bush and Congress met to discuss this, there were no real answers given. But, the other question that was asked is: when? […]

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