Bush calls for $145 billion in tax relief
President Bush called Friday for $145 billion in tax relief for individuals and businesses that he said would ``provide a shot in the arm'' for the economy, while congressional Democrats, in a rare show of Washington bipartisanship, pledged to work with him to enact a plan quickly.
President Barack Obama called for $1.5 trillion in tax increases over the next decade to help trim the deficit, saying US prosperity depends on paying down the federal debt.