Political Quotes

Cliff Stearns: “America needs tax relief. The economy lost 308,000 jobs in February, one of the sharpest drops in recent memory. The…”

On the recordMarch 12, 2003
America needs tax relief. The economy lost 308,000 jobs in February, one of the sharpest drops in recent memory. The unemployment rate now stands at 5.8 percent. While this is relatively low by historical standards, the unemployment rate was only 4 percent as recently as 2000. Now, the President's economic growth package, I believe, is urgently needed to increase the number of jobs created in the United States. Private sector economists have drawn the same conclusion. The jobs growth package could create millions of new jobs. For example, the Macroeconomic Advisers estimate that the package would lead to the creation of nearly 2 million jobs by the end of 2004. The Business Roundtable puts the figure at more than 3 million. So, Mr. Speaker, I believe that we should pass the Bush tax relief plan now.
Said by
Cliff Stearns
Florida
Source
govinfo.gov

Editor's note · Context

Addressing the need for tax relief and job creation during a speech on the economy.

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