President Bush has called a news conference for 10:30 a.m. A White House release says that he'll begin with an eight-minute statement "regarding Americans' understandable anxiety about issues affecting their pocketbooks."
"He will also call upon Congress to send him sensible and effective bills that will help Americans weather this difficult period and keep our country moving forward," said White House press secretary Dana Perino.
The White House outlined four areas where the president will call for legislation:
Energy prices — Congress should pass legislation which would clear away obstacles to more affordable, more reliable energy here at home.
Rising food prices — Congress should reform our farm programs by passing a fiscally-responsible bill that does not impose new burdens on American consumers.
Mortgage payments — Congress should pass specific legislation that will help more families stay in their homes.
Student loans — Congress should give the federal government greater authority to buy federal student loans.
— Jon Ward, White House correspondent, The Washington Times
Comments (2)
Energy prices � Congress should understand that clearing the way for development of all known and theoretical domestic oil reserves would provide at most 6 months of oil at current consumption levels and endanger the environment. They should enact legislation to assist in the development and introduction of electric vehicles and the infrastructure required to support them and other alternative energy vehicles.
Rising food prices � Congress should reform our farm programs by abandoning food grain ethanol programs to reduce new burdens on American and foreign consumers.
Mortgage payments � Congress should recognize that free markets have their payoffs and penalties for the greedy and the incompetent, and that those losing their houses will simply go back to where they were: the rental market.
Student loans � Congress should abolish the �no child left behind� fiasco that has marched education to the tempo of the most unmotivated and incompetent students.
Posted by theantibush | April 29, 2008 12:49 PM
Lets face it, the economy stinks and our so-called leaders in all reality have no clue how to fix this nations problems. In my view, its time to throw the whole damn bunch of these lost policy makers and elect legislators who actually give a hoot.
Posted by joe news reader | April 29, 2008 1:34 PM