On the recordOctober 1, 2003
the economy in my part of the country continues to drift; yet Congress and the President continue to fiddle. Three and a half million jobs lost since President Bush took office. Two and a half million manufacturing jobs have vanished, one out of ten manufacturing jobs in this country. It simply disappeared; most moved overseas in the last 2 rac{1}{2} years. Plant closing after plant closing. Now, the President asks us for $87 billion with no accountability, $87 billion to Iraq. Yet the President at home is cutting education, is cutting spending on health care, will not provide a prescription drug benefit, and even is cutting veterans benefits. Why? For the simple reason that he wants this war on the cheap and the simple reason that he wants to continue to give tax cuts to the most privileged people in this society. Forty-two percent of the tax cuts have gone to the richest 1 percent of people in this country. That means a millionaire gets a $93,000 tax cut. Half of my constituents got nothing.
Source
govinfo.gov




