Accessibility links

Breaking News

President Bush Repeats Call for Permanent Tax Cuts

President Bush has repeated his call for Congress to make his tax cuts permanent, saying they have improved the economy.

As many Americans prepare to file their annual tax payments before Monday's deadline, President Bush said on U.S. radio Saturday that Americans will once again keep more of their earnings because of tax cuts passed in 2001 and 2003.

He said his tax relief program has helped create new jobs that have brought the unemployment rate down to 4.7 percent. Congress has been discussing whether to renew some of the tax cuts that are set to expire in the next few years.

Many Democrats argue that the tax cuts are irresponsible in light of the costs of the war in Iraq and other pressing issues.

Some information for this report was provided by AP.