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Bush quietly signs corporate tax-cut bill

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Doodlesweaver Donating Member (107 posts) Send PM | Profile | Ignore Fri Oct-22-04 01:55 PM
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Bush quietly signs corporate tax-cut bill
Edited on Sat Oct-23-04 07:40 AM by Skinner
$140 billion measure assailed for catering to special interests
Updated: 1:29 p.m. ET Oct. 22, 2004

WASHINGTON - Without fanfare, President Bush Friday signed into law a bill containing nearly $140 billion in corporate tax cuts denounced by critics on both sides of the aisle as a giveaway to special interests.

Bush signed the measure into law aboard Air Force One en route to a campaign rally in Pennsylvania, forgoing a public signing ceremony that would have attracted attention to the tax cuts less than two weeks before Election Day. The bill has been heavily criticized by both Democratic presidential rival John Kerry and Republican Sen. John McCain, among others.

The White House had marked the signing of Bush's other major tax bills with lavish public ceremonies. This one was marked with a one-paragraph statement by the press secretary.

Asked why there was no signing ceremony for the corporate tax bill, White House spokeswoman Claire Buchan said: "There are a variety of ways the president signs legislation."

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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 03:03 PM
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