GEORGE W. BUSH, President of the United States: You know, there's a much better way to address the environment than imposing these costs on the job creators, which will ultimately have to be borne by American consumers.
And I urge the Congress to be very careful about running up enormous costs for future generations of Americans. We'll work with the Congress, but the idea of a huge spending bill fueled by taxes increases isn't the right way to proceed.
I could not believe this president, who increased the US Public Debt to approximately $9.5T today from $5.6T in 2000, could make such a statement with a straight face. Granted, debt as a ratio of GDP is below the historical high but should the economy fail to grow or even contract, that debt will remain.
This has been an administration of "do as I say, not as I do."
