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Promote and Protect our Strong Economy

Date: Dec. 11, 2007
Location: Washington, DC
Issues: Government Budget and Spending


PROMOTE AND PROTECT OUR STRONG ECONOMY -- (Extensions of Remarks - December 11, 2007)

SPEECH OF
HON. JOE WILSON
OF SOUTH CAROLINA
IN THE HOUSE OF REPRESENTATIVES

* Mr. WILSON of South Carolina. Madam Speaker, America's third quarter GDP grew at an impressive 4.9 percent. That means we have had 6 straight years of economic growth coupled with a record 51 straight months of job growth creating 8.3 million additional jobs. In the district I represent, the Nation's fourth largest cabinet company, the Elkay Cabinet Division, has announced a new manufacturing plant in Barnwell which will create hundreds of jobs. This job success is the product of the pro-growth tax policies that President Bush signed into law 4 years ago.

* There remains much more that we must do in order to promote strong economic growth. We need energy legislation that actually helps create new energy, health care reform that values individual choice over government mandate, and sensible tax reform. We must enact legislation--including a repeal of the Alternative Minimum Tax--that doesn't expand the burden of Washington spending on the backs of middle class Americans and small businesses.

* In conclusion, God bless our troops, and we will never forget September 11th.


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