Bush's speech after Russia meeting at G8

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英语演讲稿

Goodmorning.Thisweekend,Iaminrussiameetingwithotherworldleadersattheg8summit.Thisannualsummitgivesusachancetotalkaboutkeyissuesfacingallournations,suchasenergysecurityandthethreatofinfectiousdiseaseslikeavianflu.

Atthisyear''''ssummit,wewillalsodiscusshowtopromotethespreadoffreedomanddemocracy,andhowourcountriescanworktogethertoexpandtradeandprosperityforallourcitizens.

Astheworld''''seconomicpowersgatherfortheG8,theAmericaneconomyremainstheenvyoftheworld.Andthisweekwereceivedevenmorepositivenewsaboutoureconomy.OnTuesday,myadministration''''sOfficeofManagementandBudgetreleaseditsannualupdateonthebudgetoutlook.Thisyear''''sreportisveryencouraging:Becauseoureconomycontinuestoenjoystronggrowth,federaltaxrevenuesaregrowing,andwearecuttingthefederaldeficitfasterthanexpected.

Thisgoodnewsisnoaccident.ItistheresultofthehardworkoftheAmericanpeople,andpro-growtheconomicpoliciesinWashington,D.C.Since2001,wehavecuttaxesforeveryonewhopaysincometaxes,reducedthemarriagepenalty,doubledthechildtaxcredit,andputthedeathtaxontheroadtoextinction.Wecuttaxratespaidbymostsmallbusinessesandfurtherencouragedexpansionby版权所有cuttingtaxesondividendsandcapitalgains.

Togetherthesetaxcutshaveleftnearly$1.1trillioninthehandsofAmericansmallbusinessowners,workers,andfamilies.Andyouhaveusedthismoneytohelpspuraneconomicresurgencethathasproduced18straightquartersofgrowth.

SomeinWashingtonthinkthechoiceisbetweencuttingtaxesandcuttingthedeficit.Thisweek''''snumbersshowthatthisisafalsechoice.Theeconomicgrowthfueledbytaxreliefhashelpedsendtaxrevenuessoaring.Whentheeconomygrows,businessesgrowwithit,peopleearnmoremoney,andtheypaytaxesonthisnewincome.

In2005,taxrevenuespostedthelargestincreasein24years,andthey''''reprojectedtoriseagainthisyear.Theincreaseintaxrevenuesismuchbetterthanwehadprojected,anditishelpinguscutthebudgetdeficit.

Ouroriginalprojectionforthisyear''''sbudgetdeficitwas$423billion.Thisweek''''sreportfromOMBprojectsthatthisyear''''sdeficitwillactuallycomeinat$296billion,areductionof$127billion.Thatisatremendousdifference,and90percentofitisbecauseourgrowingeconomyhasproducedalotmoretaxrevenues.

Becauseofthesenewrevenues,wenowprojectthatwe''''llmeetourgoalofcuttingthefederaldeficitinhalfby2008,afullyearaheadofschedule.Thisisrealprogress,yetwecannotdependonagrowingeconomyalonetocutthedeficit.Wemustalsocutwasteandrestrainunnecessarygovernmentspending.Andmyadministrationisdoingitspart.

EveryyearsinceItookofficewehavereducedthegrowthofdiscretionaryspendingthatisnotrelatedtonationalsecurity.Mylasttwobudgetshaveactuallycutthiskindofspending.IamalsoworkingwithCongresstopassalineitemveto,whichwillhelpmeandfuturePresidentstargetwastefulspendingthatlawmakerstackontolargebills.TheHousehasalreadypassedthismeasurewithsignificantbipartisansupport.NowtheSenateneedstoactandgetalineitemvetotomydesktosignintolaw.

Finally,IwillcontinuetoworkwithCongresstoaddresstheunsustainablegrowthofentitlementspendingsothatwecansaveprogramslikeSocialSecurity,Medicare,andMedicaidforourchildrenandgrandchildren.

Thisweek''''sgoodnewsconfirmsthewisdomoftrustingtheAmericanpeoplewiththeirownmoneyandbeingwisewithth版权所有emoneytheysendtoWashington.Bypursuingpro-growthpoliciesandrestraininggovernmentspending,wewillkeepoureconomytheenvyoftheworld.Wewillcreatemorejobsandopportunitiesforallourcitizens,andwewilldeliverresultsfortheAmericantaxpayer.

Thankyouforlistening.