Use of Tax Dollars.
Keeping America competitive requires us to be good stewards of tax dollars.
Every year of my presidency, we've reduced the growth of nonsecurity discretionary spending. And last year you passed bills that cut this spending.
This year my budget will cut it again and reduce or eliminate more than 140 programs that are performing poorly or not fulfilling essential priorities.
By passing these reforms, we will save the American taxpayer another $14 billion next year and stay on track to cut the deficit in half by 2009.
(APPLAUSE)
I am pleased that the members of Congress are working on earmark reform, because the federal budget has too many special interest projects. And we can tackle this problem together, if you pass the line-item veto.
(APPLAUSE)
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