The White House, President George W. Bush Click to print this document
Strengthening the Economy:
Jobs and Economic Growth

Excerpts from Press Briefing by Scott McClellan, November 14, 2002

MR. MCCLELLAN: Congress also appears to be moving forward on terrorism insurance legislation, with the House scheduled to act on that today. This legislation will put hard-hats back to work, create construction jobs, improve the legal process, and protect taxpayers. And passing this legislation would create hundreds of thousands of jobs, and billions of dollars in new investment, and help with economic security.

QUESTION: I like your new 'do. On the growth package, Treasury Secretary O'Neill yesterday indicated that he's reviewing several stimulus options, including accelerating the marriage penalty and child-care tax credit. Are those two provisions part of the growth package the President wants to announce?

MR. MCCLELLAN: You're not asking me to speculate about something the President hasn't announced. Surely.

QUESTION: I'm asking you to confirm what Secretary O'Neill said yesterday.

MR. MCCLELLAN: Again, the President is working on a new growth and economic package, a new growth and jobs package to lay out and pass early next year. And he's working with Congress on that. We're looking at additional ideas. The President also would remind Congress that they need to move forward on this terrorism insurance. They appear to be doing that and we're encouraged. And we hope they will continue working together to get this passed. There are also other initiatives that he's outlined that are important to get done, such as making the tax cuts permanent.

Let me go all the way to the back.

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