United States Capitol
Washington, D.C.
9:09 P.M. EST
THE PRESIDENT: Madam Speaker, Vice President Cheney, members of
Congress, distinguished guests, and fellow citizens: Seven years
have passed since I first stood before you at this rostrum. In that
time, our country has been tested in ways none of us could have
imagined. We faced hard decisions about peace and war, rising
competition in the world economy, and the health and welfare of our
citizens. These issues call for vigorous debate, and I think it's
fair to say we've answered the call. Yet history will record that
amid our differences, we acted with purpose. And together, we showed
the world the power and resilience of American self-government.
All of us were sent to Washington to carry out the people's
business. That is the purpose of this body. It is the meaning of our
oath. It remains our charge to keep.
The actions of the 110th Congress will affect the security and
prosperity of our nation long after this session has ended. In this
election year, let us show our fellow Americans that we recognize
our responsibilities and are determined to meet them. Let us show
them that Republicans and Democrats can compete for votes and
cooperate for results at the same time. (Applause.)
From expanding opportunity to protecting our country, we've made
good progress. Yet we have unfinished business before us, and the
American people expect us to get it done.
In the work ahead, we must be guided by the philosophy that made
our nation great. As Americans, we believe in the power of
individuals to determine their destiny and shape the course of
history. We believe that the most reliable guide for our country is
the collective wisdom of ordinary citizens. And so in all we do, we
must trust in the ability of free peoples to make wise decisions,
and empower them to improve their lives for their futures.
To build a prosperous future, we must trust people with their own
money and empower them to grow our economy. As we meet tonight, our
economy is undergoing a period of uncertainty. America has added
jobs for a record 52 straight months, but jobs are now growing at a
slower pace. Wages are up, but so are prices for food and gas.
Exports are rising, but the housing market has declined. At kitchen
tables across our country, there is a concern about our economic
future.
In the long run, Americans can be confident about our economic
growth. But in the short run, we can all see that that growth is
slowing. So last week, my administration reached agreement with
Speaker Pelosi and Republican Leader Boehner on a robust growth
package that includes tax relief for individuals and families and
incentives for business investment. The temptation will be to load
up the bill. That would delay it or derail it, and neither option is
acceptable. (Applause.) This is a good agreement that will keep our
economy growing and our people working. And this Congress must pass
it as soon as possible. (Applause.)
  
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