March 25, 2009  GOP Group's Alternate Recovery Plan Wins
Benefits Group's Support  Bill designed to encourage savings
through temporary and permanent tax breaks  The House GOP
Solutions Group for Savings Restoration issued March 24 a
blueprint for the upcoming introduction of the Savings Recovery
Act, which immediately won support from the American Benefits
Council.  The proposal from the Solutions Group, which is led by
House Republican leader John Boehner (R-Ohio), provides a
Republican alternative to stimulate the economy and provide tax
breaks to encourage increased savings for retirement and
college, and to make investments now through lower capital gains
taxes.  In introducing the proposal, Boehner said that "Recent
polling suggests that Americans' concerns about their savings
even trumps concerns about losing their jobs." Unfortunately, he
continued, "Washington Democrats have done nothing to address
this savings crisis. In fact, Washington is pursuing policies
that are causing Americans' savings to ev