Topic - George W. Bush-Era

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  • GOKHALE: Stimulus now but slowdown later

    Under the recent extension of George W. Bush-era tax cuts, whether continuation of already-low income taxes will amount to a "stimulus" is debatable - most people were already expecting it to pass. But the legislation includes a cut in 2011 Social Security payroll tax rates from 6.2 percent to 4.2 percent on wage earnings up to the taxable limit. This is an unambiguous stimulus because it is new, unexpected and financed out of an increase in the nation's debt.

  • **FILE** House Speaker John A. Boehner (Associated Press)

    Will voters believe Dems' or GOP's message on economy?

    The dueling economic arguments by Democrats and Republicans will dominate the airwaves between now and Nov. 2 in an election that will turn on which message is believed.

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