[Congressional Record Volume 140, Number 30 (Thursday, March 17, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 17, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
    THE CLINTON ADMINISTRATION IS PUTTING OUR ECONOMY BACK ON TRACK

  (Mr. VISCLOSKY asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. VISCLOSKY. Mr. Speaker, 2 million jobs have been created during 
the first 13 months of the Clinton administration. This more than 
doubles the job creation of the previous 4 years under George Bush. Our 
economy is back on track.
  The economy is improving because of a real and honest economic plan 
that cut spending, reduced the deficit, and increased consumer 
confidence.
  Last year, business investment expanded at the fastest rate since 
1972.
  By December 1993, housing starts were up 25 percent from July and 
real spending on household durable goods was more than 11 percent 
higher in the fourth quarter of 1993.
  We are back on track, but there is a great deal of work to be done.
  Mr. Speaker, the economic lessons are clear. Even on St. Patrick's 
Day, the luck of the Irish and budgetary gimmicks are no substitute for 
real, honest action provided by the Clinton administration and a 
Democrat Congress.

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