On the recordJuly 13, 2005
As we have heard, Mr. Speaker, last week our country did receive more good economic news. The jobless rate fell to 5 percent in June, the lowest rate since September of 2001. Economic growth has continued to average a strong and steady 4 percent. The deficit is down by over $100 billion to its lowest point in 3 years. And tax receipts have skyrocketed this year. That news should send a clear signal to Members of this body, it is time to give the tax cuts of 2003 the credit that they deserve. Time and again we have learned that the best way to achieve growth and create jobs is for hardworking people to keep more of their own money in their own pockets. Mr. Speaker, I urge my colleagues to help sustain this growth and help eliminate the deficit by controlling spending and making the 2003 tax cuts permanent. ____________________
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