In remarks to the annual luncheon of the Arlington County Chamber of Commerce, Virginia’s Democratic U.S. Senator James Webb underscored his strong support for the controversial compromise tax plan worked out between President Obama and Senate Republicans. The plan, he said, “will stimulate the economy in a way TARP did not by putting money directly into the hands of people to spend it.” He called it “an act of leadership” by the president that includes incentives for both business and people and increases the circulation of money.
