Jeb Hensarling: “thanks to the tax relief passed by Republicans in Congress, our economy continues to roll, creating 5.4 million jobs in…”

“thanks to the tax relief passed by Republicans in Congress, our economy continues to roll, creating 5.4 million jobs in just 2 years. And because our taxes have been lowered, Americans are working, saving, and investing even more. That means Republican progrowth tax policies have actually resulted in higher tax revenues, which in turn means that the budget deficit has now dropped from $423 billion to $296 billion. Madam Speaker, despite the opposition of the Democrats, the deficit is down, after-tax incomes are up, homeownership is at an all-time high, and more Americans are working today than ever before. In my district a worker in Mesquite is entering the workforce, a family in Jacksonville can better afford to send their daughter to college, a newlywed couple in Dallas can now put a down payment on a home, and a small business owner in Garland can hire three new workers. The numbers and stories reveal that tax relief is working and making the lives of Americans better. That is why we will continue to fight the Democrat agenda of excessive taxation, mind-numbing and senseless litigation that will only close down small businesses and hurt our jobs. ____________________”