Complete transcript of President Bush's address

Good evening. Tonight in Iraq, the Armed Forces of the United States are engaged in a struggle that will determine the direction of the global war on terror and our safety here at home. The new strategy I outline tonight will change America's course in Iraq, and help us succeed in the fight against terror.

When I addressed you just over a year ago, nearly 12 million Iraqis had cast their ballots for a unified and democratic nation. The elections of 2005 were a stunning achievement. We thought that these elections would bring the Iraqis together and that as we trained Iraqi security forces, we could accomplish our mission with fewer American troops.

But in 2006, the opposite happened. The violence in Iraq particularly in Baghdad overwhelmed the political gains the Iraqis had made. Al Qaeda terrorists and Sunni insurgents recognized the mortal danger that Iraq's elections posed for their cause, and they responded with outrageous acts of murder aimed at innocent Iraqis. They blew up one of the holiest shrines in Shia Islam the Golden Mosque of Samarra in a calculated effort to provoke Iraq's Shia population to retaliate. Their strategy worked. Radical Shia elements, some supported by Iran, formed death squads. And the result was a vicious cycle of sectarian violence that continues today.

The situation in Iraq is unacceptable to the American people and it is unacceptable to me. Our troops in Iraq have fought bravely. They have done everything we have asked them to do. Where mistakes have been made, the responsibility rests with me.

It is clear that we need to change our strategy in Iraq. So my national security team, military commanders, and diplomats conducted a comprehensive review. We consulted Members of Congress from both parties, allies abroad, and distinguished outside experts. We benefited from the thoughtful recommendations of the Iraq Study Group a bipartisan panel led by former Secretary of State James Baker and former Congressman Lee Hamilton. In our discussions, we all agreed that there is no magic formula for success in Iraq. And one message came through loud and clear: Failure in Iraq would be a disaster for the United States.

The consequences of failure are clear: Radical Islamic extremists would grow in strength and gain new recruits. They would be in a better position to topple moderate governments, create chaos in the region and use oil revenues to fund their ambitions. Iran would be emboldened in its pursuit of nuclear weapons. Our enemies would have a safe haven from which to plan and launch attacks on the American people. On September the 11th, 2001, we saw what a refuge for extremists on the other side of the world could bring to the streets of our own cities. For the safety of our people, America must succeed in Iraq.