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Crude oil prices lose for 2nd month
Friday, November 13
WASHINGTON, Aug. 9 (UPI) -- President Bush says he is considering a new plan to cut U.S. corporate tax rates to make them more globally competitive.
Bush told the Washington Post he was "inclined" to send to Congress a corporate tax package supplied him by advisers although he was uncertain how it would fare.
The president was given a series of ideas to restructure corporate taxes, possibly eliminating some narrowly targeted breaks to pay for a broader, across-the-board rate cut.
Such a move could further inflame a battle with the Democratic Congress over spending and taxes, the Post said.