Political Quotes

On the recordJuly 22, 2021
I thank the gentleman for yielding. We have brought them to the floor. We are going to continue to bring them to the floor, and we hope Republicans support them. We created 3 million new jobs; more jobs in our first 5 months than any administration in history--the gentleman forgot to mention that figure--double the monthly rates of the 5 months prior to that under the Trump administration. The average number of new unemployment insurance claims has been cut in half. Last week, that number was about 400,000. The same week last year, it was 1.5 million under the Trump administration. Small business optimism has returned to its 2019 average. The economy grew at 6.4 percent in the first quarter. Independent projections from CBO, the IMF, the Federal Reserve, the World Bank, OECD, and many others all forecast America this year reaching the highest level of growth in nearly four decades. Furthermore, as the gentleman knows, the Director of the Federal Reserve has opined that he thinks, yes, there is a surge in inflation. Yes, we are concerned about it. The Federal Reserve is watching it. We are watching it. We want to keep inflation in check. The gentleman referenced that we are paying people not to work. Let me remind the gentleman, we had four bills which did similar things which were passed in an overwhelming bipartisan fashion last year, overwhelming bipartisan fashion, and none of them would have become law without the signature of President Donald Trump.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Jul 22, 2021

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