Excerpt
Philosophical differences exist in Congress whether recently enacted tax cuts should be suspend or repealed to spur the economy and provide enough funding for the war on terrorism.
In This Issue
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Foreword
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Glossary
Budget and Tax Terms
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Bush Administration Fiscal Policy
Report of the Council of Economic Advisers
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Tax Relief Act
Summary of the President's Tax Relief Plan
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Economic Forecasts
Congressional Budget Office Projections
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Fiscal Year 2003 Budget
Highlights of the President's Spending Proposals
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Democratic Response
Senate Majority Analysis of the Administration's Budget
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Legislative Background
Recent Action on Tax Cuts
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Pro & Con
Should the Tax Relief Act Be Implemented as Enacted?