Scott Garrett: “Mr. Speaker, I rise to honor the 92nd birthday of our 40th President, the honorable and great Ronald Reagan. We live in…”

“Mr. Speaker, I rise to honor the 92nd birthday of our 40th President, the honorable and great Ronald Reagan. We live in a world today that is very similar to the world that Ronald Reagan faced as President in 1981 to 1989. Just as the President overcame an economy that at the time was buried in a recession and he fought to rid the world of communism, so too our President today, George W. Bush, is working hard to put in place an economic package that will spur on the economy, while continuing to fight terrorism, both here and abroad as well. President Reagan entered the White House in 1981 when the economy was in a recession. His solution to that problem was dubbed then, and we still call it today, 'Reaganomics.' It involved an immediate and across-the-board tax cut; and it was designed to create jobs, encourage investment, and provide economic efficiency in this country. His policies essentially laid down the foundations for a prosperous and generous society.”