Lynn A. Westmoreland: “Thank you, Mr. Price. And I want to thank you, my friend from Georgia, for hosting this hour to highlight some of the…”

“Thank you, Mr. Price. And I want to thank you, my friend from Georgia, for hosting this hour to highlight some of the truth. I am sure, Mr. Speaker, that you know that the truth sometimes hurts. And so when you are exposing the truth, it might be even seen by some as being hurtful, but I believe Mr. Haley Barbour quoted, Mr. Speaker, that ``The truth is a lot of things to a lot of people. But in the end, the truth is the truth.'' I want to talk a little bit tonight about the success of the Republican economic policies and to expose the half-truths of our opponents who want to raise taxes on the American families. Mr. Speaker, the evidence speaks for itself. Republican principles and action lead to economic growth, more jobs, higher standards of living and increased revenue to the Federal Treasury. Since 2003, the U.S. economy has created hundreds of thousands of new jobs while the unemployment rate has dropped down below 5 percent, which is an extremely low number by historical standards. The increases in employment and wages seen last year are also expected to continue, which will help consumer spending. Household net worth has risen for 12 consecutive quarters under the Republican administration and leadership of this House. Wealth has not risen just because of housing. Checking accounts, savings accounts, and so on are at a record high and are a larger share of after-tax income than any other time since 1993.…”