For Immediate Release
Office of the Press Secretary
May 11, 2006
President Applauds Senate for Passing Tax Relief Legislation
I applaud the Senate for passing important tax relief that will help keep our economy strong and growing. This legislation prevents an enormous tax hike that the American people do not want and would not welcome. The bill will extend policies that have helped our economy flourish. We have had 18 straight quarters of growth, including 4.8 percent growth in the last quarter, and the unemployment rate is 4.7 percent. I appreciate the Senate Leadership and Chairman Grassley for their hard work on behalf of American taxpayers and small businesses, and I look forward to signing this important legislation into law.
# # #