President Bush talks about sturdy & upward economy
08 Apr '06
4 min read
Not everyone in Washington agreed with the decision to let people keep more of their own money. On the day that Republicans in the House and Senate were finalizing the 2003 tax cuts, one Democratic leader said these cuts would "do nothing to create jobs." Facts have proven the critics wrong 5.1 million times over.
Tax relief has done exactly what it was designed to do -- it's created jobs and growth for the American people. Yet some are now proposing that we raise taxes, either by repealing the tax cuts or letting them expire. These are the same politicians that told us that letting Americans -- letting America's working families keep more of their own money would be irresponsible, reckless and shameful. They were wrong then, and they are wrong now. Our economy grows when the American people make the decisions about how to save spend and invest their money. To keep our economy creating jobs and opportunity, Congress needs to show its trust in the American people and make the tax relief permanent.
Congress also needs to restrain spending so we can stay on track to cut the deficit in half by 2009. And if necessary, I will enforce spending restraint through the exercise of the veto. The American people expect their leaders to address other key leaders [sic] that directly affect their family budgets and bottom line, especially health care and energy.
When the cost of energy and health care rise, families are squeezed and small businesses suffer. I proposed practical reforms that would make health care more available and affordable. I put forward an energy initiative that will make our dependence on Middle Eastern oil a thing of the past. I've also laid out a plan to make America more competitive by increasing our investment in scientific research, encouraging research and development in the private sector, and improving math and science education.
I urge the Congress to move forward on all these important priorities so we can keep America the economic leader of the world and allow more families and small businesses to realize the American Dream.
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