The Washington Note

The European Union Times - World News, Breaking News American Leftist New Left Review DeRosaWorld Here is the entire speech... It's a humdinger: Mr. Vice President, Mr. Speaker, Members of the 88th Congress: I congratulate you all--not merely on your electoral victory but on your selected role in history. Little more than 100 weeks ago I assumed the office of President of the United States. In the world beyond our borders, steady progress has been made in building a world of order. At home, the recession is behind us. In short, both at home and abroad, there may now be a temptation to relax. But we cannot be satisfied to rest here. Now the time has come to make the most of our gains--to translate the renewal of our national strength into the achievement of our national purpose. America has enjoyed 22 months of uninterrupted economic recovery. For this would mean tens of billions of dollars more each year in production, profits, wages, and public revenues. In an early message, I shall propose a permanent reduction in tax rates which will lower liabilities by $13.5 billion.

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