I thank my friend, Mr. Roy, for yielding. The President's budget recommendation came over a month late yesterday, and there was one detail I read in The New York Times, so it must be true, although that is the only place I have had a chance to see it yet, and what immediately popped into my mind when I read this detail, is that Karine Jean-Pierre said last week--I can remember her saying it--that the President's economic plan is working for the American people. That popped back into my head, because the detail disclosed by The New York Times is that the administration predicts economic growth in this fiscal year not 3\1/2\ percent, not 4 percent certainly, not 2\1/2\ percent, not 1\1/2\ percent, but six-tenths of a percent. You have to start talking about economic growth and what the economists call basis points, because it is so small. So if the economic plan of the Biden administration is working for the American people, that means 60 basis points of economic growth anticipated in the year. And guess what the Biden administration says about that? We should do nothing different. We should keep doing the same thing that is producing six-tenths of a percent of economic growth, except one other thing: We should pile the burden of a lot more taxes on the economy, because apparently that is going to--because what do we need? Thirty basis points of economic growth? Republicans believe we need to change.
Dan Bishop: “I thank my friend, Mr. Roy, for yielding. The President's budget recommendation came over a month late yesterday, and…”
On the recordMarch 10, 2023
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