Bush Pleased with Economic Growth Numbers

By: 23 Newsroom
By: 23 Newsroom

President Bush says he's pleased with the latest figures on economic growth. He says they're another sign America's economy "is strong and getting stronger."

The Commerce Department put growth in the fourth quarter of last year at four percent, indicating the recovery is continuing, even though the rate of expansion was cut in half from the third quarter.

Speaking with reporters during a meeting with economists, the president seized on the report to argue his tax cuts should be made permanent.

He says if Congress fails to act, it'll in effect be raising taxes and that would happen at what he calls "the exact wrong time."

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