Bush to offer ideas for more cash in your pocket

President Bush is putting together his first public call for an emergency fiscal stimulus bill while negotiations on Capitol Hill focus on rebates for taxpayers and other steps to jump-start the sagging economy.
Bush planned to lay out his position Friday, but he wasn't expected to go into specifics. Press secretary Dana Perino said Bush would demand that any package be effective, simple and temporary -- mirroring calls by Democratic lawmakers for a "timely, targeted and temporary" stimulus measure.
Taxpayers could receive rebates of up to $800 for individuals and $1,600 for married couples under a White House plan. Although lawmakers were considering smaller rebate checks and more money for food stamp recipients and the unemployed, Bush told congressional leaders that he favors income tax rebates for people and tax breaks for business investment.
"What he believes is that we've got to do something that is robust. It's going to be temporary and get money into the economy quickly," Treasury Secretary Henry Paulson said Friday on CBS's "The Early Show." "It's going to be focused on consumers, individuals, families -- putting money in their pocket. And it's going to be focused on giving businesses the incentive to hire people, to create jobs."
White House counselor Ed Gillespie said Friday on CNN the White House would still like to see the tax cuts made permanent, but the president believes a stimulus plan needs to be put into place within the next few weeks.