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Bush Sees Rebate Checks Offsetting 'Slowdown'

Stimulus package hits home(s) next week

By Harry Kimball,  Newser Staff

Posted Apr 25, 2008 5:11 PM CDT

(Newser) – Again steering clear of the R-word, President Bush said today that the tax rebates scheduled to be distributed starting next week will "give our economy a boost to help us pull out of this economic slowdown," Bloomberg reports.

"It's obvious our economy is in a slowdown," Bush said before leaving the White House to spend the day in Connecticut. "This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store."

President Bush waves from Air Force One at Andrews Air Force Base in Maryland, Friday, April 25, 2008, upon his return from a day trip to Connecticut.
President Bush waves from Air Force One at Andrews Air Force Base in Maryland, Friday, April 25, 2008, upon his return from a day trip to Connecticut.   (AP Photo/Jose Luis Magana)
President Bush makes a statement about the economy, Friday, April 25, 2008, on the South Lawn of the White House in Washington.
President Bush makes a statement about the economy, Friday, April 25, 2008, on the South Lawn of the White House in Washington.   (AP Photo/Charles Dharapak)
Nancy Pelosi stands next to a large check on Capitol Hill in Washington, Friday, April 25, 2008, during an event marking the start of the delivery of the economic stimulus checks.
Nancy Pelosi stands next to a large check on Capitol Hill in Washington, Friday, April 25, 2008, during an event marking the start of the delivery of the economic stimulus checks.   (AP Photo/Susan Walsh)
Graphic shows what's in and what's out in the stimulus package.
Graphic shows what's in and what's out in the stimulus package.   (AP Photo)
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