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September 15, 2004
js-1920 Secretary Snow Visits Cincinnati and Columbus, Ohio This Week U.S. Treasury Secretary John W. Snow will visit Cincinnati, Ohio on Thursday, September 16 and Columbus, OH on Friday, September 17 to meet with local business leaders and discuss the President's efforts to strengthen the economy and create jobs. In Cincinnati, Secretary Snow will be joined by U.S. Congressmen Steve Chabot and Rob Portman, both of Ohio.
"As a result of the President's economic leadership, we have overcome a recession and seen 12 straight months of job creation, totaling 1.7 million new U.S. jobs since August 2003," said Secretary Snow. "The President's tax reform policies have ensured that more than 4.4 million Ohio taxpayers will have lower income tax bills in 2004."
During this trip to Ohio, Secretary Snow also will discuss the Administration's efforts to control health care costs, reduce frivolous lawsuits and ensure that America has reliable and affordable sources of energy. "While the economy is on solid footing, we are not satisfied and there is still more work to be done. We need to continue to push for pro-growth policies that will create jobs and raise standards of living," Secretary Snow said.
Recent indicators show that President Bush's economic policies continue to move the economy forward. According to the Labor Department, the national unemployment rate declined to 5.4% in August – down 0.9 percentage point from a peak of 6.3% in June 2003 and the lowest rate since October 2001. At 5.4%, the unemployment rate is below the average of the 1970s, 1980s, and 1990s. Employment over the last year was up in 46 of the 50 states and the unemployment rate was down in all regions and in 49 of the 50 states.
The following events are open to the media, which must present media credentials or photo ID:
Thursday, September 16
Roundtable with the Cincinnati Minority Business Accelerator
and Tour of CBS Technologies
10:00 am
CBS Technologies
6900 Steger Drive
Cincinnati, OH
** Media should arrive by 9:15 am
** A brief press availability will occur immediately following the event
Remarks to the Cincinnati Chamber of Commerce Luncheon
12:00 pm
Carew Tower
441 Vine Street
Suite 300, 3rd Floor
Cincinnati, OH
** Media should arrive by 11:30 am
Friday, September 17
Roundtable on Workforce Development and Retraining
9:30 am
Hondros College
4140 Executive Parkway
Westerville, OH
** Media should arrive by 9:00 am
** A brief press availability will occur immediately following the event
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