[Weekly Compilation of Presidential Documents Volume 44, Number 5 (Monday, February 11, 2008)]
[Page 165]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on Senate Action on Economic Growth Legislation

February 7, 2008

    Two weeks ago, my administration reached an agreement with Speaker 
Pelosi and Leader Boehner on a short-term economic growth package that 
would quickly put money into the hands of the American people and 
provide our economy the boost it needs. Today the Senate amended that 
bill in ways I can support.
    This plan is robust, broad-based, timely, and it will be effective. 
This bill will help to stimulate consumer spending and accelerate needed 
business investment.
    This economic growth package is an example of bipartisan cooperation 
at a time when the American people most expect it. I thank members of 
both parties and both Houses for their efforts to advance this important 
legislation.