Discuss Energy
Join Keith Hennessey, Assistant to the President for Economic Policy and Director of the National Economic Council, on Friday, August 1 at 1:00 PM to discuss the President’s Energy policy.
The United States is committed to the advance of freedom and democracy as the great alternatives to repression and radicalism. The most powerful weapon in the struggle against extremism is the universal appeal of freedom. Freedom is the best way to unleash the creativity and economic potential of a nation, the only ordering of a society that leads to justice, and the only way to achieve and permanently protect human rights.
America's prosperity depends on reliable, affordable and secure sources of energy. President Bush believes the power of technology and the innovative spirit of America will reduce our reliance on foreign sources of energy, which will help ensure a growing and prosperous America in the 21st Century.
President Bush's 2001 and 2003 tax relief fueled economic growth and reduced the marginal rate for every income tax bracket. By the end of last year, Americans would have paid an additional $1.3 trillion in taxes had it not been for the President's tax relief. If the President's tax relief is allowed to expire at the end of 2010, Americans will pay about $280 billion more in taxes each year. With the largest tax increase in history looming, Congress should make the President's tax relief permanent.
America is economically stronger when we participate fully in the worldwide economy. When 95% of the potential customers for American products live outside the U.S., America must reject policies that would result in economic isolationism.
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President George W. Bush, joined by Vice President Dick Cheney and members of the Cabinet, addresses his remarks Wednesday, July 30, 2008 in the Rose Garden at the White House, urging Congress to lift the ban on offshore exploration on the Outer Continental Shelf. White House photo by Joyce N. Boghosian
President Bush on Wednesday said, "With this legislation, America is showing its tremendous regard for the dignity and worth of every human being. This afternoon, I want to speak directly to those around the world who have, or think they may have, HIV: A positive diagnosis does not have to be a reason for shame. So don't let shame keep you from getting tested or treated. Your life is treasured by the people who love you. It is precious in the eyes of God. It matters to the people of the United States." In Focus: HIV/AIDS In Focus: Health Care Fact Sheet: A Historic and Lifesaving Commitment to Fight HIV/AIDS
President Bush on Wednesday said, "The time for action is now. This is a difficult period for millions of American families. Every extra dollar they have to spend because of high gas prices is one less dollar they can use to put food on the table, or to pay the rent, or meet their mortgages. The American people are rightly frustrated by the failure of Democratic leaders in Congress to enact common-sense solutions -- like the development of the oil resources on the Outer Continental Shelf. There are now just a couple of days left before Congress leaves for its August recess. Legislation to open up this offshore exploration is pending in both the House and the Senate -- all Democratic leaders have to do is allow a vote. They should not leave Washington without doing so." In Focus: Economy In Focus: Energy
President Bush on Tuesday said, "I really want to talk to you about energy. I understand what it means to our families and our small businesses and people right here in this room to be paying high energy prices, high gasoline prices, like a tax. I've worked hard to keep your taxes low. Our energy policy hasn't done a very good job of keeping your gasoline prices low, and therefore it's like paying a tax. My whole philosophy of government, by the way, is, yes, we've obviously got some needs in Washington, D.C.; the primary one is to make sure those who wear the uniform have the full support of the government of the United States of America." En Español Fact Sheet: Committed to Cleaner, More Abundant Domestic Energy In Focus: Energy
President Bush on Tuesday said, "I'm going to sign a piece of legislation and a joint resolution that will continue some sanctions, propose new sanctions, and extend the import restrictions. On the Burmese regime, our message is: The United States believes in democracy and freedom."