    [Public Papers of the Presidents of the United States: George W. Bush (2001, Book II)]
    [August 21, 2001]
    [Pages 1006-1008]
    [From the U.S. Government Publishing Office www.gpo.gov]

    [[Page 1006]]

    Remarks to Families at a Target Store and an Exchange With Reporters in
    Kansas City, Missouri
    August 21, 2001

        The President. Good morning, everybody. I'm excited to be here at
    Target. A lot of these folks have--some of the folks have got their
    rebate check; some of them are getting them. But I suggest you talk to
    the Target people about what the rebate check has meant for their
    business. One of the main reasons why we insisted that people get money
    back was to provide a second wind for our economy. And the other reason
    why is because we recognize that these good folks spend their money just
    as wisely, if not more wisely, than the Government can.
        I remember in the debate, people said, ``Well, $600 doesn't mean
    much.'' Well, I suggest you ask people who got the $600 what it means.
    It seems to mean a lot to a lot of folks.

    [At this point, the President greeted audience members and then took
    questions from reporters.]

    Federal Budget/Tax Relief

        The President. Okay.
        Q. Mr. President, would you like to see Social Security kind of
    taken out of the budget equation? You are going to have like a billion-
    dollar surplus just from general revenues tomorrow. Do you think that's
    a fair way of figuring out the surplus?
        The President. I think what I said in the speech was what I mean,
    that Social Security ought to be spent on Social Security, and OMB
    numbers show that that's the way it's going to be. That hasn't been the
    case; seven out of the last eight budgets have used Social Security
    for--they used Social Security funds for other matters. And we worked
    with Congress--see, here's the problem. A lot in Congress are upset that
    we passed money back to the people because they wanted to spend it on
    pet projects, on bigger appropriations. And what I am saying is, that
    battle's over with.
        We cut the taxes; it was the right thing to do. It was the right
    thing to trust the people with the money. It was the right thing for our
    economy. And Congress now needs to understand that there are some new
    parameters. When you pass money back to the people, it means there is
    not that much money available for additional programs, and they need to
    be fiscally sound.
        We've got a good budget. And the fundamental question is, will the
    appropriators stick to the budget? And I am confident they will if they
    listen to the people.
        And one of the reasons why we came here is to highlight the fact
    that the tax relief plan is important to hard-working Americans. Some
    people said, you know, ``Thanks for giving us the money.'' Well, it's
    their money to begin with. That's the point I keep making. It's not the
    Government's money; it's the people's money. And these good folks have
    got a reason to spend it. A lot of them are going to spend it on school
    supplies. But it's not only important for them; it's important for our
    economy.
        Q. Sir, the ad team for Al Gore's last campaign put out an ad today
    for the Democratic National Committee accusing you of raiding the
    Medicare Trust Fund and asking you to take Harry Truman's plain-
    spokenness and tell the people the truth. Is that fair?
        The President. Well, you know, there's a lot of people still want to
    politicize the budget. They like the old-time wars of zero-sum politics.
    There are a lot of big spenders, a lot of highly partisan people that
    really didn't like the tax cut to begin with. They want the Government
    to have

    [[Page 1007]]

    the people's money. They believe in bigger Government.
        And all I do is rest my case with the people. And the people wanted
    tax relief. The people want fiscal sanity in Washington. The people want
    all the money going into Medicare to be spent on Medicare, and that's
    what my budget does. And people also want a good defense for our
    country. And I hope, at the very minimum, the leadership in the Congress
    will give us the Defense appropriation number and the Education
    appropriation number early in the process, so that we don't rob defense
    or rob education by holding those appropriation bills late.
        Q. Sir, where do you draw the line in terms of using your veto power
    this fall? Is it sticking to the budget resolution numbers? Or----
        The President. The budget resolution number's a good place to begin.
    Because if we appropriate, of course, for the budget, we will not only
    be able to afford the tax relief, but we won't touch Social Security,
    and we will be able to fund the Nation's priorities, including education
    and defense.
        As you know, you heard my speech yesterday--should have heard my
    speech or will pay to hear my speech--and whether or not you listen to
    it is another question--but we have--I have requested a good deal of
    money for defense, and it's needed.

    Possibility of Government Shutdown

        Q. Sir, you know, in the Clinton administration, they had some
    battles up there. They had to shut down the Government from
    overspending. They wanted more money.
        The President. Yes. Right. A new sheriff in town.
        Q. If it comes down to a showdown about closing down Government, are
    you prepared to----
        The President. I am confident we won't have to shut down the--shut
    down the Government. There are things such as continuing resolutions.
    There's ways for us to make sure that the budget--I mean, the Government
    doesn't get shut down over a budget fight.
        You're right, the last administration was anxious for the Government
    to spend more money. I want the Government to spend the right amount of
    money. And we have achieved a good balance. It's not only money to fund
    priorities such as education, defense, and health care, but it is money
    available for the taxpayers. It's their money to begin with.
        And our economy needs--I love the discussion, you know, the tax cut
    means there's less money available to spend. Well, what the tax cut is,
    it means that we've been given an opportunity to revitalize our economy,
    so that the tax revenues that have been lost because of economic
    slowdown come back into the Treasury.

    Effect of Tax Relief

        Q. Mr. President, do you think that the purchasing of school
    supplies and things people would buy ordinarily will, in fact, jump-
    start the economy?
        The President. No, I think it's a cumulative. If you try to look at
    one isolated incident, it's easy to belittle $600 in a person's pocket.
    But $600 of additional disposable income all across America--that
    amounts to billions of dollars--will provide a part of the equation for
    economic recovery. Of course, if somebody buys a pencil, somebody's had
    to make it. But it is not just school supplies. That maybe kind of
    diminishes the effect of billions of dollars getting into the economy in
    a very quick period of time.
        I want to remind you all about a year ago, the discussion about tax
    relief was sometimes in political circles belittled as an impossibility.
    No one would have dreamed that we would not only have gotten tax relief
    but this amount of money injected into the economy as quickly as we did.
    And it's a part of the equation.

    [[Page 1008]]

    Governor Bill Graves of Kansas

        Q. You broke bread with Governor Graves last night.
        The President. I did.
        Q. Why Governor Graves, and what did you talk about?
        The President. Well, I was hoping I could maybe get him to buy my
    meal.
        Q. He didn't?
        The President. He didn't, no. Please record the fact that I paid,
    much to my chagrin.
        We talked about just politics. He and Linda are friends of mine. He's done a great job as the
    Governor of Kansas, and he's one of my best friends that I've made in
    politics amongst the Governors. Just had a nice visit.
        Q. Have a future with you some day?
        The President. You know, we didn't spend much time talking about
    that. He has not finished his term yet. Maybe, you know.

    President's Tax Rebate

        Q. Mr. President, what are you going to do with your tax rebate?
        The President. Charity.
        Q. Really? Which one?
        The President. I don't know yet.
        Q. You haven't gotten it?
        The President. Not to my knowledge.
        Q. Why charity?
        The President. Why? Because it's something people ought to do. And I
    believe in supporting charities. As you know, every year when I put out
    my income tax returns, you see the fact that I do give to charities,
    give to my church. I haven't made up my mind yet.
        Thank you all for your time.

    President's Vacation Schedule

        Q. Are you going to talk to us--you going to talk to us tomorrow?
    Play golf and maybe talk to us?
        The President. Do what?
        Q. You're going to have the budget review tomorrow. Do you think you
    might talk to us from the golf course or someplace?
        The President. I won't be playing golf tomorrow. Probably--I may--
    just keep loose this week. I may have a discussion with you on some
    matters later on this week.
        Q. Military matters, perhaps?
        The President. I ain't telling.
        Q. Buildings with five sides?
        Q. No more hints?
        The President. No, the last time we--I'm trying to get a picnic
    organized so you all can come out to the ranch. Is this the--are you the
    last shift?
        Q. Yes.
        The President. Okay, last shift. Up until when we go. We're leaving
    Thursday, now. We're going back Thursday morning, the 30th.
        Q. Wow, even earlier?
        Q. The 30th?
        The President. We're going back on the 30th. Laura wants to get back a day early.
        Q. How's the bass fishing going?
        The President. They've actually gotten up to about a pound. They're
    growing. The lake's evaporating because it's so hot.
        Okay, see you there.

    Note: The President spoke at 10:36 a.m. in the snackbar at the Kansas
    City North Target store. In his remarks, he referred to Linda Richey
    Graves, wife of Gov. Bill Graves. A tape was not available for
    verification of the content of these remarks.