ECONOMY
Documents & Texts from the White House
11 February 2008
President Bush Signs 2008 Economic Report
Oval Office
See also:
• Council of Economic Advisors to download reports in PDF form)
• Fact Sheet: The Economic Report of the President
THE PRESIDENT: I want to thank members of my economic team for submitting
this Economic Report of the President. I'm about to sign it. And so I
want to -- Eddie, thank you for your good work, you and your team.
This report indicates that our economy is structurally sound for the long
term, and that we're dealing with uncertainties in the short term. And
therefore, what should we do about it? Well, I'm so pleased that the
Congress and the administration worked closely together to pass a robust
pro-growth package to deal with the uncertainty. That package is about
$160 billion-plus. What that means is, it means that money will be going
directly to America -- workers and families and individuals. It also means
that there is incentives for American businesses.
I'll be signing this bill soon. But if you're a taxpayer or if you're a --
got income, earned income -- credited income up to $3,000, you can expect
money back. And if you're a business owner, you're going to get some
incentives to invest. And so you ought to be planning on investing now.
And so I really want to thank the Congress for getting this bill done, and
I'm looking forward to signing it. It's going to help deal with the
uncertainties in this economy.
Thank you all very much.
END 1:09 P.M. EST
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