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Special Event

The First 100 Days: Bush Addresses Pennsylvania Audience About What Tax Plan Could Mean for Them

Aired February 28, 2001 - 9:32 a.m. ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

LEON HARRIS, CNN ANCHOR: President Bush has hit the road this morning, to take his budget proposal to the people. First stop this morning on his five-state tour is Pennsylvania. He's in Beaver, Pennsylvania this morning.

And right now, he's addressing a group of employees and other people gathered at Control Concepts.

They're asking him questions, and he's answering -- let's listen in.

(JOINED IN PROGRESS)

UNIDENTIFIED MALE: ... in business since 1976. The company was founded by my father in 1976, so I'm second generation in the business. The electrical switches that we manufacture are used in things liked the food processing industry, packaging industry, the machine tool industry, the petrochem facilities, offshore oil rigs, etcetera. And they're used to basically start or stop a piece of equipment or have an indicator light on that will indicate the status of what a machine is in.

We do something a little unique in our industry, especially for a small medium-sized company, where we manufacture every single thing here under one roof. Now, we don't make light bulbs, and we don't make the raw materials, but we actually manufacture our own tools, dyes and molds -- you are injection molding, you are in assembly, everything -- you name it, it is done here at this roof.

And we can control the quality of the product that way, we can control the quality of the service and the delivery of the products, etcetera. We ship every order for the same day we receive it 95 percent of the time. And also control the costs and pass on a significant cost savings for our customers.

And as a small medium-sized business, with capital intensive-type plans, we were very interested to hear your budget proposal in your tax plan last night. It appears that it's going to be a is a great benefit to Control Concepts and a hopefully a great benefit to the rest of the nation and small companies across the nation. Thank you, sir.

GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: I want to thank you all for having me.

First, the greatness -- this country's greatness is because there's a lot of entrepreneurs in America. You're an entrepreneur. I'm honored to be sitting next to you, by your side. I love the concept of a family-owned business, the idea of a mom and her son working together to not only produce a product, but more importantly to deploy capital so people can find work.

After all, small businesses are creators of jobs in America. And all public policy and tax policy must work to create an environment in which entrepreneurship can flourish. So my speech last night was speaking not only about a budget, but was also talking about the entrepreneurial spirit in our country. And one of the reasons we came here is because the entrepreneurial spirit is alive and well here, and I appreciate it very much...

HARRIS: In Pennsylvania this morning, hitting the road there, as you can see, and drumming up some more support for his tax cut plan that he introduced last night in his speech before the joint session of Congress last night. And he's getting some direct feedback from those folks in Pennsylvania.

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