Home Search The American Presidency Project
John Woolley and Gerhard Peters Home Data Documents Elections Media Links
 
• Public Papers of the Presidents
• State of the Union
Addresses & Messages
• Inaugural Addresses
• Farewell Addresses
• Weekly Addresses
• Fireside Chats
• News Conferences
• Executive Orders
• Proclamations
• Signing Statements
• Press Briefings
• Statements of
 Administration Policy
• Economic Report of the President
• Debates
• Convention Speeches
• Party Platforms
• 2016 Election Documents
• 2012 Election Documents
• 2008 Election Documents
• 2004 Election Documents
• 1960 Election Documents
• 2017 Transition
• 2009 Transition
• 2001 Transition
Data Index
Audio/Video Index
Election Index
Florida 2000
Presidential Libraries
View Public Papers by Month and Year

INCLUDE documents from the Office of the Press Secretary
INCLUDE election campaign documents
Search the Entire Document Archive
Enter keyword: 


AND OR NOT
Limit by Year

From:
To    :

Limit results per page

INCLUDE documents from the Office of the Press Secretary

INCLUDE election campaign documents

Instructions
You can search the Public Papers in two ways:

1. Search by Keyword and Year
You can search by keyword and choose the range of years within your search by filling out the boxes under Search the Public Papers.

2. View by Month and/or Year
Select the month and/or year you would like information about and press View Public Papers. Then choose a Public Paper and the page will load for you.

Search Engine provided by the Harry S. Truman Library. Our thanks to
Jim Borwick and Dr. Rafee Che Kassim at Project Whistlestop for critical assistance in the implementation of the search function, and to Scott Roley at the Truman Library for facilitating this collaboration.
 
George W. Bush: The President's Radio Address
George
George W. Bush
The President's Radio Address
January 7, 2006
Public Papers of the Presidents
George W. Bush<br>2006: Book I
George W. Bush
2006: Book I
Location:

District of Columbia
Washington
Font Size:
Print
The American Presidency Project

Promote Your Page Too
Good morning. As we begin 2006, we are hearing more good news about the American economy. This week, we learned that our economy added 108,000 jobs in December and has added over 400,000 jobs in the last two months. Our unemployment rate is now 4.9 percent, lower than the average rate of the 1970s, 1980s, and 1990s. Our economy grew at more than 4 percent in the third quarter of 2005, and it has been growing at nearly that rate for 2 years. Productivity is high. Consumers are confident. And more Americans now own their homes than at any time in our Nation's history.

To keep our economy strong and secure the American Dream for future generations, leaders in Washington must make sound decisions. And one of the best decisions we made since I took office was to cut your taxes so you could keep more of your hard-earned money to save and spend as you see fit. We lowered tax rates to let workers keep more of their paychecks. We doubled the child credit. We reduced the marriage penalty. We also cut taxes on dividends and capital gains, and we created incentives for small businesses to invest in new equipment so they could expand and create new jobs.

Some people in Washington said these tax cuts would hurt the economy. The day the House voted for tax relief in May 2003, one Democratic leader declared it a "reckless and irresponsible tax plan that will undermine opportunity in our country." Since those words were spoken, our economy has added more than 4.6 million new jobs for the American people.

Unfortunately, just as we're seeing new evidence of how our tax cuts have created jobs and opportunity, some people in Washington are saying we need to raise your taxes. They want the tax cuts to expire in a few years or even repeal the tax cuts now. In either case, they want you to get a big tax hike. If we allow that to happen, a family of four making $50,000 would see their Federal income taxes go up by nearly 50 percent.

Inaction by the Congress will mean a tax increase on the American people. When you hear people in Washington say, "We don't need to make the tax relief permanent," what they're really saying is they're going to raise your taxes. To keep our economy growing, we need to ensure that you keep more of what you earn, and Congress needs to make the tax cuts permanent.

Our economy is also strong because we've been wise with taxpayers' dollars. We've now cut the rate of growth in non-security discretionary spending each year I've been in office. Working with Congress, last year, we ended or reduced about 90 low-priority or poorly performing Government programs, cut nonsecurity discretionary spending, and stayed on track to meet our goal of cutting the Federal deficit in half by 2009.

The bigger challenge to our budget is long-term deficits driven by mandatory spending or entitlements. We can solve this problem. We do not need to cut entitlements, but we do need to slow their growth. When Congress returns from its recess, it has an opportunity to show its commitment to controlling entitlement spending. Before Members of the House and Senate left Washington, they agreed to rein in future spending on entitlements by nearly $40 billion. Now Congress needs to finish its work on this important bill. By passing the first reduction in the growth of entitlement spending in nearly a decade, Congress will send a clear signal that the people's Representatives can be good stewards of the people's money.

As we work to keep your taxes low and restrain Federal spending, we have other challenges to address. A growing economy requires secure and affordable sources of energy, free and fair trade, legal reform and regulatory reform, and a health care system where workers can find affordable care. And we must ensure that all Americans get a good education so they will have the skills they need for the jobs of the 21st century.

In the months ahead, we will work on all these issues. By making choices that reward hard work and enterprise, we will keep the American economy prosperous and strong and guarantee opportunity for generations to come.

Thank you for listening.


NOTE: The address was recorded at 7:58 a.m. on January 6 in the Cabinet Room at the White House for broadcast at 10:06 a.m. on January 7. The transcript was made available by the Office of the Press Secretary on January 6 but was embargoed for release until the broadcast. The Office of the Press Secretary also released a Spanish language transcript of this address.
Citation: George W. Bush: "The President's Radio Address," January 7, 2006. Online by Gerhard Peters and John T. Woolley, The American Presidency Project. http://www.presidency.ucsb.edu/ws/?pid=65167.
Home         
© 1999-2017 - Gerhard Peters and John T. Woolley - The American Presidency Project
Locations of visitors to this page