Contact: White House, Office of the Press Secretary, 202-456-2580

CRAWFORD, Texas, Dec. 31 /Christian Newswire/ -- The following text is released by the White House:

New Year's Day, 2008

As we enter this New Year, we reflect on the past and look forward to a promising year ahead.

A future of hope and opportunity begins with a robust economy.  Thanks to America's workers and entrepreneurs, our economy grew at a vigorous rate last year.  Keeping taxes low and exercising fiscal restraint helped ensure that the number of jobs increased and the deficit once again fell ahead of schedule.  The underpinnings of our economy have proven strong, competitive, and resilient enough to overcome the challenges we face.  In the coming year, we will continue to encourage growth in the economy so Americans have more money to invest in their businesses, spend on their families, and put aside for the future.

In addition to our efforts here at home, the United States continued its work to spread freedom and peace around the world.  America is determined to defeat terrorists and extremists, and we will remain on the offensive against the enemies of freedom.  In 2008, we will continue to stand beside our partners in the international community to lay a foundation of peace for our children and grandchildren.

America is grateful for the service and sacrifice of our Nation's troops and their families.  During this hopeful time of year, we remain mindful of the courage and resolve of the fine men and women who protect our country and defend freedom's cause.

As we welcome this New Year, we move forward with trust in the power of the American spirit, confidence in our purpose, and faith in a loving God who created us to be free.

Laura and I send our best wishes for a happy New Year.  May God bless you, may God bless our troops and their families, and may God bless America.

GEORGE W. BUSH