On the recordApril 5, 2006
Normally, the press and the media would say that if you had unemployment under 6 percent that you are doing good. We have seen because of the actions of this Republican Congress in cutting the taxes and returning the money to the family budget, as opposed to keeping it here in Washington for the Federal budget, we now see unemployment in this Nation around 4.7 percent. Normally, the press and the national media would say if you have growth in the economy of around 2 percent that you would be doing good. Well, we, of course, know that because of those tax cuts that you referenced just a moment ago, we have seen the growth in the economy of over 3 percent for the last 11 straight quarters. So it is because of this pro-growth economic policy you just set forth that we are seeing the economy grow. And by having a strong national economy, obviously it is helping the revenue stream on this side and obviously it also affects the family budget. Mr. McHENRY. If the gentleman will yield.
Source
govinfo.gov




