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Presidential: Weekly Review |
Archives
February 21, 2003
In this Issue
AT THE TOP
The Economy
PRESIDENTIAL & ADMINISTRATION NEWS
1 NATO
2 New SEC Chairman
3 Ready.gov
The Economy
FACTS ON THE PRESIDENT'S JOBS & ECONOMIC GROWTH PLAN
President Bush paid a visit to small business owners in
Atlanta, GA to discuss the benefits of his economic growth
plan -- especially job creation. The Council of Economic
Advisers reports that the President's jobs and growth
package will result in increased economic output and jobs
starting this year. The biggest impact of the President's
growth plan occurs up front, with 1.4 million jobs created
by the end of 2004. The centerpiece of the President's plan
-- the elimination of the double taxation of dividends -- is
primarily responsible for job creation.
The President's jobs and growth plan calls for the
acceleration of tax reductions passed in 2001. Small
business owners will receive 79 percent (about $10.4
billion) of the $13.3 billion in tax relief from
accelerating the reduction in the top tax bracket to 35
percent. This will help small businesses to expand sooner,
hire new people faster, and build a stronger foundation for
economic recovery.
President Bush's plan also helps working Americans by
focusing tax relief on moderate-income families. Americans
in the lowest tax brackets receive the largest percentage
reduction in their tax burden under President Bush's plan,
while Americans in the higher tax brackets will pay a larger
share of the total income tax burden. A married couple with
two children and income of $40,000 will see their taxes
reduced from $1,178 to $45, a decline of 96 percent. Three
million moderate-income families will see their income tax
eliminated entirely.
Policy in Focus - The Economy:
http://www.whitehouse.gov/infocus/economy/
President's Remarks:
http://www.whitehouse.gov/news/releases/2003/02/20030220-2.html
1 NATO
PRESIDENT MEETS NATO SECRETARY GENERAL &
WELCOMES NATO'S DEFENSE PLANNING COMMITTEE DECISION
The President met with NATO Secretary General Lord Robertson
in the Oval Office on Wednesday. Speaking with reporters
before the meeting began the President said, "I want to
thank you for your leadership. You've done a fantastic job
of keeping this alliance together, moving it forward -- by
not only addressing the current threats that we face, but
preparing NATO to address threats into the future."
President Bush also said Wednesday, "I welcome today's
decision by NATO's Defense Planning Committee to approve the
deployment of AWACS aircraft, Patriot missiles, and
biological and chemical defense equipment to Turkey."
President's and NATO Secretary General's Remarks:
http://www.whitehouse.gov/news/releases/2003/02/20030219-2.html
President's Statement:
http://www.whitehouse.gov/news/releases/2003/02/20030219-9.html
2 New SEC Chairman
NEW SEC CHAIRMAN SWORN-IN, PLUS Q&A WITH REPORTERS
President Bush Tuesday presided at the swearing-in ceremony
of the new SEC Chairman, William Donaldson. During remarks,
the President said, "This administration is committed to the
enforcement of the security laws. We're committed to
creating a climate of confidence in our markets. There's no
better person to help achieve that commitment than Bill
Donaldson." After making remarks the President answered
questions from reporters regarding the U.N. and Iraq.
President's Remarks:
http://www.whitehouse.gov/news/releases/2003/02/20030218-1.html
3 Homeland Security
READY.GOV UNVEILED
From the Department of Homeland Security's website regarding
Wednesday's announcement: "The Department of Homeland
Security's 'Ready Campaign' seeks to help American families
be better prepared for even unlikely emergency scenarios.
While we cannot always predict an attack, there are simple
things you and your family can do to prepare for the
possible event of a terrorist incident."
While much of the information being distributed is not new,
Ready.Gov makes all the information available in one place
for the first time.
Homeland Security Department Announcement:
http://www.dhs.gov/dhspublic/display?theme=87&content=474
Ready.Gov:
http://www.ready.gov
Frequently Asked Questions About Citizen Preparedness:
http://www.dhs.gov/dhspublic/interapp/editorial/editorial_0289.xml
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