"2005 has been a year of strong progress toward a freer, more peaceful world and a more prosperous America," said Bush in his final radio address of the year.

He reviewed items the White House has been touting as positives for the administration over the past year, including political gains in Iraq and the performance of the U.S. economy.

"Thanks to our tax relief, spending restraint and the hard work of the American people, our economy remained the envy of the world," he said.

Bush called for continued efforts by Congress in those areas, including being "wise with taxpayers' money."

"In 2005, America grew in prosperity, advanced the cause of freedom and peace, and enhanced our security," Bush said. "Our duties continue in the new year, and I'm confident that our nation will meet the challenges that lie ahead."