I know that many of you fall asleep even with the thought of watching the Presidential State of the Union address performed by the president at the beginning of each year. But, this year’s might be a little different. The last three or four addresses have been dominated with the war in Iraq, but now that we are succeeding in Iraq, the media has completely ignored it, because bad news sells newspapers. This year’s address will be dominated by the state of the economy, which directly affects you and your bank account. It is important for us to stay current with what decisions our politicians are making about taxes, the housing market, interest rates, and small business regulations.
Here are some possible subjects that Bush will bring up:
- The Proposed Economic Stimulus Package. Some of you have already asked questions about this package, so you’ll want to listen to hear him explain it in more detail.
- Making the 2001 and 2003 tax cuts permanent. Bush is really trying to lobby for comprehensive tax cuts he made in 2001 and 2003 to be made permanent rather than sunset in 2010 and 2011. Go here to get better familiar with what those tax cuts were and how they have or will affect you.
- Some say that Bush is going to talk about proposing more corporate tax cuts to help stimulate the economy further and bring jobs back to the United States.
- Proposed solutions to relieving the housing and mortgage crisis. If you are struggling with your mortgage right now, you’ll want to tune in to hear what he proposes about relieving those with subprime mortgages.
The State of the Union Address will be given on Monday, January 28th, at 9pm on all of the major air network stations.