Washington — Treasury Secretary John Snow said he would work to make the Bush administration tax cuts permanent and added that he would prompt lawmakers to push for new pension reforms.
In a speech last week before the U.S. Chamber of Commerce,
Snow hinted that items such as Bush’s tax-advantaged savings accounts — lifetime savings accounts and retirement savings accounts — could be placed in the 2005 budget proposals.
Snow also said that despite a noticeable uptick in the economy, there remained hundreds of thousands of people without jobs and stated to the chamber that “We’re not satisfied with these results.”
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