President Bush says 94 million Americans will see their taxes go down this year, which will help strengthen the U.S. economy.
Speaking in his weekly radio address, the president said he will sign the bipartisan "Working Families Tax Relief Act" into law this week. Mr. Bush says the cuts will help add more jobs to the economy and keep home ownership at an all-time high.
The Republican president says to continue creating jobs, America must open more foreign markets to U.S. products and ensure other nations abide by trade laws.
Mr. Bush says Democratic challenger Senator John Kerry has consistently voted against important tax cuts. He also says Mr. Kerry will raise taxes to fund new programs, which will hurt the U.S. economy.