For Immediate Release
Office of the Press Secretary
May 28, 2004
Statement by the President
One year ago today, I signed into law the Jobs and Growth Tax
Relief package to jump-start the economic recovery and create jobs for
American workers. With our economy growing at the fastest pace in
nearly 20 years, and more than 1.1 million more Americans working since
last August, it is clear the tax relief is working.
Take-home pay for workers is up, and disposable income for families
has increased to record levels. The incentives in our plan for small
businesses are producing results as more manufacturers have been
reporting increased activity and new orders than at any time in 20
years. I am encouraged to see that the unemployment rate has fallen in
47 of 50 states because we want everyone who wants to work to be able
to find a job.
There is more to do. We must continue to build on this success by
expanding growth and increasing prosperity for all Americans. I look
forward to working with Congress to pass my six-point plan for economic
growth, including making the tax cuts permanent, and to ensure that our
workers have the skills to compete in the changing world.
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