Jul 19, 2008
Bush: Congress could take steps to ease gas prices
Responding to Americans' anger over fuel prices and the housing bust, President Bush is stepping up pressure on Congress to open up offshore oil exploration and work to restore confidence in the housing finance industry.
'This is a challenging time for families across our nation,' Bush said Saturday in his weekly radio address. 'I know many families are worried about rising prices at the pump and declining home values.'
Bush recently lifted an executive ban on offshore oil drilling. He said it's Congress' turn to act.
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