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At the same time, the House Ways and Means Committee on Wednesday began advancing a third measure that would try to spur investment in small businesses by temporarily easing any capital gains taxes on income from such enterprises.
Firms and families might save too much because of financial uncertainty or because they are rushing to "deleverage"—to reduce the ratio of their debts to their assets.In normal times central banks would try to spur growth by adjusting interest rates to discourage saving and encourage borrowing.
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"Would you not try to spur economic growth?
"Would you not try to spur economic growth?" Daniels asked Democrats who complained that Bush's tax cuts, which heavily favoured the wealthy, were going to those who did not need them – and did not take into account an impending war.
He added that he believed it would be self-defeating to try to spur economic development by using taxpayer money to create more public-sector jobs.
WASHINGTON (AP) — The Federal Reserve signaled in the records of its last policy meeting that it would probably announce a new bond-buying program in December to try to spur job growth, the documents showed on Wednesday.
It said those conditions suggested inflation would stay subdued and called for keeping interest rates low to try to spur a more vigorous recovery.
It could try to spur growth itself through yet another round of monetary stimulus.
Norton will read and also try to spur conversations among those gathered.
Odierno predicts that some entity will try to spur fear as the end of August approaches.
"It would take an incredible effort, but that's what we're trying to spur," he said when asked if the recent proliferation of analyses suggests an inescapably dire future.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com