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Republican Senate candidate Rich Williamson touted his economic program Friday, noting the nation`s unemployment had dropped slightly but was ”not encouraging enough.”
At a news conference, Williamson highlighted his plan to stimulate business investment by cutting the capital gains tax rate to 15 percent and offering investment tax credits. He also said he supports tax credits of up to $5,000 for people who buy new homes, saying it would create 272,500 jobs and cause people to start building 125,000 homes.
David Eichenbaum, spokesman for Carol Moseley Braun, Williamson`s Democratic opponent, criticized the plan, saying, ”There is nothing in this program that would create one job, provide economic growth or reduce the deficit.”
