President Bush Blames Congress For High Gas Prices, Economic Woes

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WASHINGTON, D.C. (NBC NEWS)- Lawmakers blame him for being soft on rich oil companies.

During Tuesday’s news conference, President Bush said food, gas, mortgages and student loans are costing Americans too much.

He blames Congress for blocking his plans to help.

The President said, "They're looking to their elected leaders in Congress for action. Unfortunately on many issues all they're getting is delay."

His comments came shortly after the conference board announced consumer confidence at its weakest point in five years.

Democrats insist high gas prices are hitting Americans even harder than the mortgage crisis.

Democratic Senator Richard Durbin of Illinois, "if this President would get out of the White House and visit any town in America and ask the average person what's on their mind, they would tell him 'Mr. President, roll up your sleeves, focus on this country.'"

Durbin said, "the largest profit taking ever, at whose expense? At the expense of consumers and families," speaking of oil companies.

But President Bush says the problem is not oil companies-- it's Congress, refusing to approve drilling in the U.S. or build new refineries.

"We understand supply and demand, when you don't build a refinery for 30 years get after it quickly," said President Bush.

High food prices have the President blaming Congress for a farm bill that's been stuck for weeks.

"It's not time to ask American farmers already paying more in the checkout line to pay more to wealthy farmers," the President said.

There's lots of blame but little action in Washington as Americans continue to shell out more and more with less and less.

To view excerpts from Bush's press conference, view the video in the Multimedia section.

Wednesday, Apr 30 at 10:02 AM geewiz wrote ...

I guess the oil companies and bush want the taxpayer to pay to build more refineries even though they are making astronimical profits the farmers are not millionaires only oil tycoons what a laugh

Wednesday, Apr 30 at 1:15 AM MissClarity wrote ...

Bushs war to protect big money oil interests = $3Trillion Dollars Mortgages - Bush's Greenspans deliberate bankruptcy of this country. $1.2 Billion dollars Bush's deliberate ignoring the needs of the United States including Katrin - $6.5 Million dollars. Bush covering up puppeteering by TriLateral Commission One World Order Agenda Cheney pulling strings blaming Farmer Subsidies - Priceless E

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