Bush Seeks to Make Tax Cuts Permanent
Posted on: Saturday, 1 April 2006, 12:00 CST
Saying the evidence is overwhelming that tax cuts enhance the U.S. economy, President George W. Bush argued for the extension of tax cuts.
Bush reminded listeners in his weekly radio address that the deadline for filing 2005 tax returns is the middle of this month, and said this was a good time to discuss tax cuts.
Tax cuts Bush was able to get Congress to pass are due to expire in a few years. Some in Congress have said the cuts should be rescinded because of huge budget deficits run up by the Bush administration.
The president said the U.S. economy is growing at a strong rate, unemployment is low and some 5 million jobs have been created in recent years. He said that means Congress needs to make the tax relief permanent.
The evidence is overwhelming, Bush said. The opponents of tax cuts were wrong. Tax relief has helped to create jobs and opportunities for American families and it's helped our economy grow.
Source: United Press International
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