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How is President Bushs Tax Cut Plan Being Received on Capitol Hill?

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How is President Bushs Tax Cut Plan Being Received on Capitol Hill?

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Aired February 6, 2001 – 9:31 a.m. ET THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. LEON HARRIS, CNN ANCHOR: President Bush focuses on small business today in the ongoing effort to sell his $1.6 trillion tax-cut plan. Mr. Bush visits a Washington-area business to show how he says his plan would help the economy. And for a look at how the proposal is being received on Capitol Hill, let’s check in now with CNN’s Kate Snow, standing by live — Kate, good morning. KATE SNOW, CNN CORRESPONDENT: Good morning, Leon. Several things happening on the tax front here on Capitol Hill today. First of all, the House will be taking the lead on crafting a tax bill and making language legislation out of what they’re sent by the president, which will be more like a blueprint for what he thinks the tax cut should include. So later this afternoon, House Republicans plan to meet. The leadership will meet and try to find out exactly what the language should be and how

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Aired February 6, 2001 – 9:31 a.m. ET THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. LEON HARRIS, CNN ANCHOR: President Bush focuses on small business today in the ongoing effort to sell his $1.6 trillion tax-cut plan. Mr. Bush visits a Washington-area business to show how he says his plan would help the economy. And for a look at how the proposal is being received on Capitol Hill, let’s check in now with CNN’s Kate Snow, standing by live — Kate, good morning. KATE SNOW, CNN CORRESPONDENT: Good morning, Leon. Several things happening on the tax front here on Capitol Hill today. First of all, the House will be taking the lead on crafting a tax bill and making language legislation out of what they’re sent by the president, which will be more like a blueprint for what he thinks the tax cut should include. So later this afternoon, House Republicans plan to meet. The leadership will meet and try to find out exactly what the language should be and how

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