December 3, 2007

THE PRESIDENT: Good morning. Congress returns from its two-week Thanksgiving break today. They have just two weeks to go before they leave town again. That's not really a lot of time to squeeze in nearly a year's worth of unfinished business.

In fairness, Congress was not entirely¹ out over the past two weeks. In a political maneuver² designed to block my ability to make recess³ appointments, congressional leaders arranged for a senator to come in every three days or so, bang a gavel, wait for about 30 seconds, bang a gavel again, and then leave. Under the Senate rules, this counts as a full day. If 30 seconds is a full day, no wonder Congress has got a lot of work to do.

Congress needs to start by passing a bill to fund our troops in combat. Beginning in February, I submitted detailed⁴ funding requests to Congress to fund these operations in the war on terror. Yet some in Congress are withholding⁶ this funding because they want to substitute their judgment⁷ for that of our military commanders. Instead of listening to the judgment of General Petraeus, they are threatening to withhold⁵ money he needs unless they can mandate⁸ an arbitrary date of withdrawal⁹.

This month more of our troops will return home as a result of the success we're seeing in Iraq. People are coming home. For Congress to insist on setting an arbitrary date for withdrawal would put the gains General Petraeus and our troops have made in danger -- and that would threaten the security of our country. It's unconscionable to deny funds to our troops in harm's way because some in Congress want to force a self-defeating policy -- especially when we're seeing the benefits of success.

Secretary Gates and other senior Pentagon officials say the delay in our funding will means this for our military: Unless Congress acts, the Defense¹⁰ Department will soon be required to begin giving layoff¹¹ notices to about 100,000 civilian¹² employees. Unless Congress acts, the military task force developing ways to better detect and protect our troops from roadside bombs will run out of money by early next year. Unless Congress acts, the Army will run out of operations and maintenance money in February. Unless Congress acts, the Marine¹³ Corps¹⁴ will run out of similar funds in March.

Earlier this year, Congressional leaders were trying to impose conditions on funds because they said our strategy in Iraq was not working. We changed our strategy, and now even many of those who initially¹⁵ opposed the surge acknowledge that it is achieving results. It is time for members of Congress to meet their responsibility to our men and women in uniform. And they should stay in session until they pass these emergency funds for our troops.

Second, Congress needs to make sure our intelligence professionals can continue to monitor terrorist communications. In August, Congress passed legislation to help modernize¹⁶ the Foreign Intelligence Surveillance Act. That bill closed critical intelligence gaps, allowing us to collect important foreign intelligence information about terrorist plots. The problem is, the new law expires on February 1st -- while the threat from the terrorists does not expire.

The Director of National Intelligence, Mike McConnell, has warned that unless the FISA reforms in the Act are made permanent, our national security professionals will lose critical tools they need to protect our country. Instead of listening to the judgment of Director McConnell, some in Congress now want to restrict the intelligence tools that help keep the American people safe. They are blocking efforts to provide meaningful liability protection to those companies now facing multi-billion dollar lawsuits¹⁷ only because they are believed to have assisted in efforts to defend our nation following the September the 11th attacks. Congress must stop this obstruction¹⁸, and make certain our national security professionals do not lose a critical tool for keeping our country safe.

Third, Congress needs to act immediately to prevent the Alternative Minimum Tax from hitting more Americans this year. The AMT was enacted¹⁹ in 1969 to ensure that a few hundred wealthy individuals paid their fair share of taxes. But when Congress passed the AMT, it was not indexed for inflation. As a result, the AMT's higher tax burden is being imposed on more and more middle-class families.

Last month, Treasury²⁰ Secretary Paulson wrote a letter to members of Congress warning them about this: that if they put off an AMT fix, it could delay the delivery of about $75 billion worth of tax refund²¹ checks. Yet instead of listening to Secretary Paulson's warning, Congress continues to delay action. The longer Congress delays action, the longer Americans will wait -- likely wait to get their tax refund checks next year.

If Congress fails to act, as many as 25 million Americans would be subject to the AMT. On average, these taxpayers²² -- many of them middle class families -- would have to send an extra $2,000 to the IRS next April. At a time when many Americans are struggling with home mortgages and healthcare costs, the last thing they need is for Congress to stick them with an additional tax increase.

Finally, Congress has important work to do on the federal budget. One of Congress's most basic duties is to fund the day-to-day operations of the federal government. Yet only one of the 12 spending bills has made it into law. Congressional leaders are now talking about piling the remaining bills into one monster piece of legislation, which they will load up with billions of dollars in earmarks and wasteful²³ spending. Now is not the time to burden our economy with wasteful Washington spending that will lead to higher taxes. Congressional leaders need to do their job, and pass the remaining spending bills in a fiscally²⁴ responsible way. If they send me an irresponsible spending bill, I will veto it.

The end of 2007 is approaching fast, and the new Congress has little to show for it. I call on members to use the time left to support our troops, and to protect our citizens, prevent harmful tax increases, and responsibly fund our government.

Thank you.

END 10:03 A.M. EST