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February 22, 2001

We thought long and hard about the right number," he said of the $1.6 trillion tax cut proposal. "We think it's just right."

Our budget is fiscally responsible. If enacted, it will reduced the deficit by an unprecedented amount over the next four years."

• The Persian Gulf. Six days after U.S. and British planes struck targets in Iraq, Bush shrugged off a question about more than half of the bombs missing their targets. He said the air strikes had two missions -- sending a signal to Saddam Hussein and degrading his military abilities. Bush asserted that both were successful.

Bush said Secretary of State Colin Powell, about to visit the Middle East, planned to listen to allies and form a policy that would convey to Iraqi leader Saddam Hussein: "We won't tolerate you developing weapons of mass destruction and we expect you to leave your neighbors alone."

"The primary goal is to make it clear to Saddam that we expect him to be a peaceful neighbor in the region and we expect him not to develop weapons of mass destruction," Bush said.

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