Press Conference by the President
President Bush on Wednesday said, "Our goals remain clear: peace and security in Northeast Asia and a nuclear-free Korean Peninsula. We will take the necessary actions to achieve these goals. We will work with the United Nations. We'll support our allies in the region. And together, we will ensure that North Korea understands the consequences if it continues down its current path."
Renewable Energy and Biofuels Discussed on "Ask the White House"
Michael Johanns, Secretary of Agriculture, discussed the promise of ethanol and bio-based fuels as well as his participation in "Advancing Renewable Energy," a conference jointly hosted by the Departments of Energy and Agriculture. Secretary Johanns joined us from the conference center in St. Louis, Mo. Wednesday.
Read the transcript.
President George W. Bush delivers remarks regarding the economy in the Dwight D. Eisenhower Executive Office Building Wednesday, Oct. 11, 2006. "This morning my administration released the budget numbers for fiscal 2006. These budget numbers are not just estimates; these are the actual results for the fiscal year that ended February the 30th," said the President. "These numbers show that the budget deficit has been reduced to $248 billion and is down to just 1.9 percent of the economy. As a percentage of the economy, the deficit is now lower than it has been for 18 out of the last 25 years." White House photo by Paul Morse
On Wednesday, President Bush announced that the deficit has been cut in half 3 years ahead of his 2009 goal and that the FY2006 budget deficit was $248 billion, just 1.9% of the GDP. The President's pro-growth policies helped to strengthen our economy and create 6.6 million jobs in the last three years.
Economic growth continues with 51,000 new jobs created in September. There have been over 6.6 million new jobs created since August of 2003, and the unemployment rate dropped to 4.6 percent. Learn more about the President's pro-growth policies.
America's prosperity depends on reliable, affordable and secure sources of energy. President Bush believes the power of technology and the innovative spirit of America will reduce our reliance on foreign sources of energy, which will help ensure a growing and prosperous America in the 21st Century. Click here to learn more.
President Bush's top priority is the safety and security of the American people. Though America and its allies are safer since 9/11, we are not yet safe. We have important challenges ahead as we wage a long-term battle not just against terrorists, but against the ideology that supports their agenda.