January 02,2003

Comment on the President's Economic Growth Plans

M E M O R A N D U M

To: Reporters and Editors
Fr: Jill Gerber, 202/224-6522
Re: President’s economic growth package
Da: Thursday, Jan. 2, 2003

President Bush today said he will announce his economic growth package next week. Sen.
Chuck Grassley, incoming chairman of the Committee on Finance and the Senate architect of
bipartisan tax cuts in 2001, made the following comment on the President’s plans.

“I appreciate the President’s close attention to the economy. Those of us in Washington need
to do everything we can to encourage job creation. I don’t mean just any jobs, but quality
opportunities that pay enough income to sustain families and build careers. I look forward to seeing the details of the President’s plan and working with him on economic growth. I’m open-minded on his proposals. I’m interested in plans that will work quickly, that will do the most good for the most people, and that will pass in a bipartisan way, given the realities of working in a closely divided Senate.”