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Nov 14, 2001 12:00 AM
During a recent visit to Dixie Printing and Packaging Corp.
(Glen Burnie, MD), President Bush rallied support for an economic
stimulus package designed to keep the U.S. economy from
The House of Representatives narrowly passed the bill that will help printers recoup depreciation costs more quickly. The House vote was 216-214 in favor of the $100 billion package. The Senate is expected to pass similar but downsized legislation.
According to Dixie Printing general manager Ray Bedell, Bush's visit was prompted by a letter from owner Newth Morris. The letter urged for repeal of the corporate alternative minimum tax (AMT) and other tax cuts and incentives contained in the president's economic stimulus package that is supported by Printing Industries of America, Inc. (PIA).