Mr. Speaker, I yield myself the balance of my time to close. Mr. Speaker, my friend from Virginia said it himself. The unions, the Teamsters and the steelworkers, are for this. That is reason enough to oppose this. We talked about the credit being downgraded. It is unprecedented in the country, twice to have our credit downgraded during this President's time in office. The previous President had record job growth and a roaring economy until the pandemic hit. Under this President, of course, some of the jobs that were lost in the pandemic have been recovered, but not all of them. Again, we have a record-low labor participation rate, meaning the percentage of those able-bodied, working-age Americans who are working is at an all-time low. We don't count those individuals who aren't looking for work in the unemployment numbers. They don't count. You have an artificially low so-called unemployment rate because there are record numbers of Americans on Federal assistance, as we have stripped away all the work requirements for cash welfare, for food stamps, and for housing assistance. While we on this side measure success by how many people we get off of government assistance, the other side measures success by how many people are on government assistance programs as my colleagues on the other side of the aisle continue to try to grow the amount of people who are paid not to work, which further causes economic harm. We cannot just cut our spending on our way to prosperity.…
On the recordMay 7, 2024
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