[Congressional Record Volume 148, Number 52 (Wednesday, May 1, 2002)]
[House]
[Page H1773]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
GROWTH IN THE ECONOMY
(Mr. PENCE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PENCE. Mr. Speaker, we heard about the Bush recession on this
floor months ago, even though the recession in which we found ourselves
had begun a matter of weeks after George Bush became President of the
United States. So I am waiting, Mr. Speaker, to begin to hear about the
Bush recovery on this floor from our friends on the other side of
aisle.
The Department of Commerce announced the economy grew by 5.8 percent
in the first quarter of 2002, and even The Washington Post credited tax
cuts in part for fueling this recovery.
There is more that needs to be done. There is not yet good news in
the area of unemployment, so we must practice fiscal discipline and
additional tax relief to certify the Bush recovery. We must make last
year's tax cuts permanent, Mr. Speaker, and we must not spend one penny
more than the President's request in the upcoming defense supplemental.
Tax relief, fiscal discipline, the cornerstone of the Bush recovery.
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