Political Quotes

Lincoln Diaz-Balart: “Mr. Duncan points out, among other things, that the Dow Jones Industrial Average, on Election Day 1994, when the…”

On the recordJuly 28, 1997
Mr. Duncan points out, among other things, that the Dow Jones Industrial Average, on Election Day 1994, when the Republicans took the majority in this House and in Congress, both Houses, for the first time in 40 years, was 3,830 points. And since Republicans took control of Congress, the Dow Jones Average has gone up by more than 4,000 points, breaking all records. And that that was due, to a great degree, because of the fact that the majority here, the Republicans, brought the leadership to the Congress to bring Federal spending under control and stop the growth of taxes and regulations and that, finally, the belief took hold in the economy and in the world in this international economy of today that the United States of America would finally balance its budget.
Said by
Lincoln Diaz-Balart
Florida

Editor's note · Context

Discussing the economic impact of Republican leadership since 1994.

Share

More from Lincoln Diaz-Balart

Jun 26, 2024

I thank my colleague for bringing this important amendment to the floor. Mr. Chairman, the CCP's influence at the FAO is real. It is dramatic, and it is real, as the gentlewoman mentioned in her opening statement. I think she did a great…

govinfo.gov
Jun 27, 2024

May I ask how much time I have remaining. The Acting CHAIR. The gentleman from Florida has 30 seconds remaining.

govinfo.gov
Sep 29, 2023

I would remind my colleagues in the House and the American people that last year, 900 immigrants died trying to cross the border. That is not humane. That is insane, and that we are not willing to look away and tolerate in the name of…

govinfo.gov
Sep 28, 2023

I claim the time in opposition to the amendment. The Acting CHAIR. The gentleman from Florida is recognized for 5 minutes.

govinfo.gov

Other voices in this conversation