[Congressional Record Volume 140, Number 96 (Thursday, July 21, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: July 21, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
               THE DEMOCRATIC ECONOMIC PLAN IS A SUCCESS

  (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, Bill Clinton was elected in part because 
of his willingness to provide leadership for our economy, which was 
adrift under George Bush.
  Last August, the Democrats in Congress passed the President's 
economic plan, which contained the largest deficit reduction in 
history, big cuts in Federal spending, a tax cut for 15 million filers, 
and made the very richest pay their fair share.
  The Democratic economic plan is working.
  Job growth is up. More than 6,000 jobs a day are being created. In 
the first 17 months of the Clinton administration, 58 percent more jobs 
have been created than during the entire Bush administration.
  Unemployment has dropped from 7.7 to 6 percent.
  And Federal spending as a percentage of the gross domestic product is 
lower under this administration than under Presidents Bush or Reagan.
  Mr. Speaker, it's clear the Democratic economic plan is a success. We 
must now apply the same leadership toward health care and ignore the 
naysayers who would stand in the way of reform to protect the status 
quo at the expense of the middle class.

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