REPUBLICAN ECONOMIC GROWTH
Ms. FOXX. Mr. Speaker, I rise today to share good news with the American people. Republicans' pro-growth economic agenda, combined with spending restraint, is driving the deficit down while pushing revenues up. In fact, if we can continue along this path of fiscal restraint, we will cut the deficit in half by the year 2008.
In addition to decreasing the deficit, the economy has created 2 million new jobs in the past year. In fact, over the past 3 years America has created more new jobs than Japan and all 25 members of the European Union combined.
Mr. Speaker, tax cuts are working. Our economy is strong and the deficit is down.
Republicans have been working tirelessly and successfully to push our economy in the right direction. Democrats, on the other hand, continue to push their tax and spend policies, a plan which is neither good for the family checkbook nor the American economy.
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