Bush Points to Tax Cuts as Economy Boost

During pre-campaign stops around the country this week, President Bush claimed the tax cuts he pushed through the past two years are responsible for “signs of promise” in the U.S. economy.

The president derided his Democratic challengers for the presidency for claiming the tax cuts failed o boost the economy, and helped mainly the wealthy, saying that the tax relief has "put this nation on the path of prosperity, and I intend to keep it on the path to prosperity."

Bush has blamed the country’s economic woes on the stock market collapse that began in 2000, the wars in Afghanistan and Iraq and the corporate accounting scandals that shook Wall Street. He said the tax cuts his administration pushed through Congress earlier this year have kept the recession from being longer and deeper.

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