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Us Economy Plan

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Published in: Business, News & Politics

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Transcript

  • 1. US economic stimulus package BBC BUSINESS ENGLISH February 08 Letizia Cinganotto
  • 2.
    • What is the stimulus package worth $150 bn aimed at?
  • 3.
    • helping ordinary Americans deal with the economic downturn.
  • 4. TRUE OR FALSE?
    • The Congress easily approved it.
    • F
  • 5. What does the plan include?
  • 6.
    • one-off rebates of up to $600 for individuals and $1,200 for couples plus $300 for each child.
    • rebates for low income retirees and military veterans
  • 7. What’s the meaning of rebate?
    • Money given back?
    • Prices reduced?
    • Discussion?
  • 8.
    • Money given back
  • 9.
    • Explain the expressions
    • “ low income retirees ” and
    • “ military veterans ”
  • 10. Did President Bush welcome the plan? Why?
  • 11.
    • Yes, because it would help stimulate consumer spending and accelerate needed business investment.
  • 12. Why are some politicians worried?
  • 13.
    • about the damage the plan will do to government finances - potentially doubling last year's budget deficit