Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, more than once today, there has been reference to the recovery bills at the end of the Bush administration and the beginning of the Obama administration coming out of a very bad financial crisis. Of course, this COVID pandemic has led to a financial crisis in this country. But the difference in the response here is stark between the two. Coming out of the Bush administration and into the Obama administration, we expanded government, raised taxes, expanded regulations, and adopted recovery bills that weren't focused on economic growth. The result of that was, through 8 years of the Obama- Biden administration, we had stagnant growth. The middle class was shrinking; middle-class incomes were shrinking. It took a Republican President, a Republican Congress, enacting bills that lowered taxes, lowered regulation, and lowered government reliance that led to massive economic growth and opportunity for all demographics in our country. Hispanics, African Americans, women, and others have seen growth and opportunity not seen in decades, if ever. I hope, with this plan, that we are not going to go back to the days of the Obama-Biden years of stagnant growth and dashed opportunity for our children and our grandchildren. Mr.…
On the recordMarch 10, 2021
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