. . . "As we stand right now, I believe the tax relief packages we have in place are doing their job. But I'm a flexible person. I want to make sure that the conditions for economic growth and vitality are strong," Bush told reporters before a round of golf.
He was responding to a report in The Wall Street Journal that said the Bush administration was cool to the idea of giving broad tax relief this fall to big businesses.
Business groups want new tax breaks to replace those which have been ruled illegal by the World Trade Organization (news - web sites). But some proposals would cost the government several times what the existing ones cost.
The European Commission (news - web sites) has given the United States an autumn deadline to change its disputed tax break laws for major corporations or face the threat of up to $4 billion in sanctions. . . .
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030819/pl_nm/economy_bush_dcNero fiddled while Rome burned, BushCo golfs . . .