BUSH: And our economy grows when Americans have more of their own money to spend, save and invest.
In the last five years, the tax relief you passed has left $880 billion in the hands of American workers, investors, small businesses and families. And they have used it to help produce more than four years of uninterrupted economic growth.
Yet the tax relief is set to expire in the next few years.
If we do nothing, American families will face a massive tax increase they do not expect and will not welcome.
Because America needs more than a temporary expansion, we need more than temporary tax relief.
I urge the Congress to act responsibly and make the tax cuts permanent.