Bush welcomes 9/11 report

Bush said he agreed with its conclusion that the hijackers had exploited deep institutional failings.

But he also pointed out that many of its recommendations were already being implemented.

The commission recommends a wide-ranging overhaul of US intelligence services and congressional oversight.

"Where government needs to act, we will," President George W Bush said after receiving his copy of the report which comes after two years of exhaustive investigation.

"We will give serious consideration to every idea because we share a common goal," he added.

His Democratic challenger in this November's presidential elections, John Kerry, urged the president to act fast.