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CNN Live At Daybreak

Highlights of State of the Union Speech

Aired January 29, 2003 - 05:02   ET

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


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


CAROL COSTELLO, CNN ANCHOR: We want to quickly lay out for you the highlights of the president's State of the Union speech last night. He called for Congress to approve a 10 year, $674 billion economic plan, and $400 billion to reform Medicare, including prescription drug benefits for older Americans.
Mr. Bush also says Saddam Hussein is aiding and protecting terrorists, including members of al Qaeda. Iraq, the sagging economy, health care, Mr. Bush touched on several subjects, as I said, in his speech last night.

Our Elaine Quijano watched the president's second State of the Union address and brings us this wrap up.

(BEGIN VIDEOTAPE)

ELAINE QUIJANO, CNN CORRESPONDENT (voice-over): In his second State of the Union address, President Bush touted his proposed $674 billion economic stimulus plan, saying it would boost the sagging economy by cutting taxes, encouraging spending and ultimately creating jobs.

GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: The best and fairest way to make sure Americans have that money is not to tax it away in the first place.

QUIJANO: The president also emphasized the need for affordable health care for all Americans and prescription drug benefits for seniors.

BUSH: We must work toward a system in which all Americans have a good insurance policy.

QUIJANO: And with the question of war with Iraq looming, President Bush devoted time to laying out his case for possible military action against Saddam Hussein. Mr. Bush says intelligence indicates that over a period of time, the Iraqi president did have connections to terrorist groups, including al Qaeda, and Mr. Bush said Saddam Hussein has systematically violated a United Nations agreement for his government to eliminate all weapons of mass destruction.

BUSH: We've called on the United Nations to fulfill its charter and stand by its demand that Iraq disarm.

QUIJANO: Some Democrats, meanwhile, say they support the president's efforts so far in pressuring Iraq to disarm, but...

GOV. GARY LOCKE (D), WASHINGTON: We need allies today in 2003 just as much as we needed them in Desert Storm.

QUIJANO: And they again criticized the president's economic plan, saying it does not go far enough.

LOCKE: It must give our economy an immediate jump start. It must benefit middle class families rather than just a few. And it must be fiscally responsible.

QUIJANO (on camera): Tonight, President Bush also proposed a new office at CIA headquarters in northern Virginia. The purpose? To better collect and analyze domestic and international intelligence.

In Washington, I'm Elaine Quijano.

(END VIDEOTAPE)

COSTELLO: And, you know, our senior White House correspondent John King cannot be getting much sleep. In fact, we plan to make sure that he is not getting much sleep. At the top of the next hour we'll give him a wake up call and talk with him about the president's speech. And we'll also be giving Capitol Hill producer Ted Barrett a wake up call in the next hour to ask him about reaction to the president's speech.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com






Aired January 29, 2003 - 05:02   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: We want to quickly lay out for you the highlights of the president's State of the Union speech last night. He called for Congress to approve a 10 year, $674 billion economic plan, and $400 billion to reform Medicare, including prescription drug benefits for older Americans.
Mr. Bush also says Saddam Hussein is aiding and protecting terrorists, including members of al Qaeda. Iraq, the sagging economy, health care, Mr. Bush touched on several subjects, as I said, in his speech last night.

Our Elaine Quijano watched the president's second State of the Union address and brings us this wrap up.

(BEGIN VIDEOTAPE)

ELAINE QUIJANO, CNN CORRESPONDENT (voice-over): In his second State of the Union address, President Bush touted his proposed $674 billion economic stimulus plan, saying it would boost the sagging economy by cutting taxes, encouraging spending and ultimately creating jobs.

GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: The best and fairest way to make sure Americans have that money is not to tax it away in the first place.

QUIJANO: The president also emphasized the need for affordable health care for all Americans and prescription drug benefits for seniors.

BUSH: We must work toward a system in which all Americans have a good insurance policy.

QUIJANO: And with the question of war with Iraq looming, President Bush devoted time to laying out his case for possible military action against Saddam Hussein. Mr. Bush says intelligence indicates that over a period of time, the Iraqi president did have connections to terrorist groups, including al Qaeda, and Mr. Bush said Saddam Hussein has systematically violated a United Nations agreement for his government to eliminate all weapons of mass destruction.

BUSH: We've called on the United Nations to fulfill its charter and stand by its demand that Iraq disarm.

QUIJANO: Some Democrats, meanwhile, say they support the president's efforts so far in pressuring Iraq to disarm, but...

GOV. GARY LOCKE (D), WASHINGTON: We need allies today in 2003 just as much as we needed them in Desert Storm.

QUIJANO: And they again criticized the president's economic plan, saying it does not go far enough.

LOCKE: It must give our economy an immediate jump start. It must benefit middle class families rather than just a few. And it must be fiscally responsible.

QUIJANO (on camera): Tonight, President Bush also proposed a new office at CIA headquarters in northern Virginia. The purpose? To better collect and analyze domestic and international intelligence.

In Washington, I'm Elaine Quijano.

(END VIDEOTAPE)

COSTELLO: And, you know, our senior White House correspondent John King cannot be getting much sleep. In fact, we plan to make sure that he is not getting much sleep. At the top of the next hour we'll give him a wake up call and talk with him about the president's speech. And we'll also be giving Capitol Hill producer Ted Barrett a wake up call in the next hour to ask him about reaction to the president's speech.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com