WASHINGTON, March 15: US President George W. Bush on Saturday renewed his push for making tax cuts adopted earlier in his administration permanent, arguing they are important to help the ailing US economy.

“Members need to make the tax relief we passed permanent, reduce wasteful spending, and open new markets for American goods, services, and investment,”

Bush said in his weekly radio address.

Last month, Bush signed into law a $168 billion stimulus package designed to bolster the sagging economy. But economists argue its effects remain to be seen. —AFP

Opinion

Editorial

Ultimate price
Updated 02 Nov, 2024

Ultimate price

To dismantle culture of impunity for crimes against journalists, state must ensure that perpetrators do not go unpunished.
Mastung bombing
02 Nov, 2024

Mastung bombing

INSTABILITY continues to haunt Balochistan, as Friday morning’s bombing in Mastung has shown. At least nine...
Plane speak
02 Nov, 2024

Plane speak

DESPITE all its efforts to facilitate PIA’s privatisation, it seems the government only ended up being taken for a...
Seeking investment
Updated 01 Nov, 2024

Seeking investment

Foreign visits will be fruitless unless crucial structural, policy reforms directly affecting investors are focused.
State-backed terror
01 Nov, 2024

State-backed terror

OVER the past year or so, India’s reportedly malign activities in foreign countries have increasingly come under the radar, with
Shared crisis
01 Nov, 2024

Shared crisis

WITH Lahore experiencing unprecedented levels of smog, the Punjab government has announced a series of “green...