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Level -> Romney's stimulus plan (1/19/2008 7:09:52 PM)
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quote:
Republican presidential contender Mitt Romney said on Saturday his $233.4 billion U.S. economic stimulus plan would rescue an economy on the "tipping point" of recession. The former Massachusetts governor's package, details of which were reported on Friday, centers on several permanent tax cuts and would permanently reduce the rate for the lowest income tax bracket to 7.5 percent from 10 percent, retroactive to 2007. Romney, briefing reporters on a flight to Florida from Nevada, where he won that state's presidential nominating contest, said the income tax cut would put $400 into the pockets of taxpayers and cost $49.8 billion to help stimulate the U.S. economy, which he said "is at a tipping point" of a recession. http://news.yahoo.com/s/nm/20080120/pl_nm/usa_economy_stimulus_romney_dc_3;_ylt=AvPP4MYJrVKKPXvszckkoLsE1vAI
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