Instead, House Republicans proposed a number of measures that, they say, will "turn the corner towards real economic growth," including:
Removing legal barriers to speed up new offshore oil drilling. A law banning offshore drilling expired October 1, but Republican lawmakers say lawsuits could block new offshore rigs and want judges to quickly rule on the cases.
Lowering taxes on income that U.S. corporations earn from their overseas subsidiaries.
Eliminating capital gains taxes on the sale of homes up to $500,000 for a couple.
Suspending capital gains taxes on securities purchased during the next two years.
Extending government deposit insurance to business transaction accounts.
Directing the government to guarantee inter-bank loans.
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1 comment:
Don't get me started!!!!!
Grrrrrr!!!
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