[Congressional Record Volume 148, Number 131 (Tuesday, October 8, 2002)]
[House]
[Pages H7177-H7178]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS MUST FIX AMERICA'S ECONOMY
(Mr. ETHERIDGE asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. ETHERIDGE. Mr. Speaker, as we prepare to consider authorization
of the use of force to deal with Saddam Hussein, Congress also must
address critical issues facing our families. Congress must act to
improve education, reduce health care costs and protect Social Security
and get our economy back on track.
Mr. Speaker, the people of my home State of North Carolina are
worried. America's families have seen the bottom fall out of Wall
Street. As the
[[Page H7178]]
stock market plunges, we watch billions of dollars evaporate from
families' retirement savings. Health care costs continue to spiral out
of control. They have risen five times the rate of inflation, and our
families are falling farther behind, no matter how hard they struggle
to keep up. Education is more important today than ever, but our
schools continue to suffer as Congress withholds needed funding.
Mr. Speaker, this Congress must act to get the American economy back
on track. We must balance the budget and pay down the national debt for
long-term economic growth. We must protect Social Security from
privatization schemes that would cut back and raise taxes. We must
lower health care costs. And we must fund education so that every
American willing to work hard can make the best of their God-given
ability.
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