[Congressional Record Volume 140, Number 70 (Wednesday, June 8, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: June 8, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
  LOWER DEFICITS, HIGHER CONSUMER CONFIDENCE, AND PRIVATE SECTOR JOBS 
                         CREATED UNDER CLINTON

  (Ms. DeLAURO asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. DeLAURO. Madam Speaker, nowhere is the contrast between 
Democratic and Republican leadership more clear than on economic 
issues. We have created jobs, lowered deficits, and boosted consumer 
confidence. The Republican leadership gave us high unemployment and 
skyrocketing deficits that hurt working families and our small 
businesses. In the first 16 months of the Clinton administration, we 
have created more than 3.1 million private sector jobs, nearly 1 
million more than those created in all 4 years of the Bush 
administration.
  During the 12 years of the Reagan and Bush administrations, we saw 
our deficits soar and our competitiveness falter.
  Today, we can report that the deficit is down for 3 years in a row, 
consumer confidence is at its highest level in 4 years, and business 
investment in equipment in 1993 hit its highest level in 20 years.
  The Democratic leadership in the House and in the White House and in 
the Congress has fought to create jobs, lower the deficit, and restore 
confidence in our economy.
  Not one Republican in the House of Representatives voted for the 
budget that helped to create 3 million new jobs, and not one Republican 
voted for the budget that included 500 billion dollars' worth of real 
deficit reduction.
  Democrats want to fight to get our economy back on track. That is 
what we were elected to do. But it seems that Republicans only want to 
fight the Democrats.

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