Bush demands €500bn tax cuts

Turning his attention to economic matters at home, President George Bush today demanded at least €500bn in tax cuts over 10 years.

Bush demands €500bn tax cuts

Turning his attention to economic matters at home, President George Bush today demanded at least €500bn in tax cuts over 10 years.

It was a retreat from his original proposal of more than €640bn that reflected congressional reluctance to run up bigger deficits in wartime.

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