[Congressional Record Volume 149, Number 2 (Wednesday, January 8, 2003)]
[House]
[Page H65]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      A NEW VISION FOR 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, like many people across eastern Indiana, I 
was shocked and dismayed yesterday to learn of the complete elimination 
of over 400 manufacturing jobs from Anderson, Indiana. It is therefore 
altogether fitting that we would as our first priority in Congress in 
this majority, Mr. Speaker, pass an extension of unemployment benefits 
to help Americans like those in Anderson who will be beset by these 
layoffs. I also applaud the President of the United States, who 
outlined a jobs package yesterday that I believe is a good start.
  But it is written, Mr. Speaker, that without a vision the people 
perish, and I would paraphrase by saying that without a vision 
economies perish as well. I would challenge this Congress and 
leadership in my own party to not just be content, Mr. Speaker, with 
unemployment insurance extensions, helping those that are laid off, or 
passing legislation that simply alleviates a recession. We need a new 
vision for an economy that is abundant and growing at historic levels. 
We need to bring additional tax relief that will unleash the 
entrepreneurial energy of the American economy as never before, and 
part of that must be tax relief designed at encouraging and promoting 
capital formation.

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