Tonight, at 9:00 p.m. (EST), President Bush will make the last State of the Union address of his presidency. As in past years, the president will use the address to the nation to lay out his plans for the upcoming year.
U.S. economy likely to be a big focus: Considering the huge day-to-day fluctuations in the stock market, the subprime lending crisis, high oil and energy costs, and the generally pessimistic views about the economy among the American public, President Bush will probably spend a good deal of his speech reassuring the nation that, while the economy is going through a temporary rough patch, it is still structurally sound. And, with an apparent agreement in place between the White House and Congress on an economic stimulus package, President Bush will likely talk about the help that is on the way from the government for those facing tough times.
His speech is also expected to urge Congress to complete work on an economic stimulus package, which includes tax rebates and incentives for businesses to invest in facilities and equipment.
Other subjects: Other likely subjects include the war in Iraq, health care, and opening up foreign markets for U.S. products and services.
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