They may, however, still be taxed at the state level. .
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President Bush Taking Action to Strengthen America's Economy .
Chicago, Illinois .
Policy in Focus: The Economy.
Fact Sheet.
12:07 P.M. CST .
THE PRESIDENT: Thank you all very much. It's a windy day out there, which is -- (laughter) -- a good day for a windy speaker. (Laughter.) I'm honored to be your guest here at the Economic Club of Chicago. I want to thank Michael for the invitation. I like a short introduction; he didn't let me down. (Laughter.) .
For 75 years, the business leaders and the entrepreneurs in the club have helped make Chicago a prosperous and energetic city. You understand the concerns facing American workers and employers -- and you believe, as I do, that we must address those concerns honestly and aggressively. .
Today in Washington, a new Congress convenes -- and I will ask members of both parties to work with me to secure our economic future. We cannot be satisfied until every part of our economy is healthy and vigorous. We will not rest until every business has a chance to grow, and every person who wants to find work can find a job. So today, I'm announcing a growth and jobs plan to strengthen America's economy -- specific proposals to increase the momentum of our economic recovery. .
And this is a good city to give it in. This is one of America's great cities. And one of the reasons why is because you have a great Mayor in Richard Daley. (Applause.) We're from different political parties, but we have some things in common: We both married above ourselves. (Laughter.) It is good to see the First Lady of Chicago here. Thank you for coming. (Applause.) We both have famous and influential brothers. (Laughter.) Our dads spent a little time in politics. (Laughter.) And we love our country more than we love our political parties. (Applause.) .
The thing I like most about the Mayor is he gets the job done for the people of Chicago.