[Congressional Record Volume 151, Number 72 (Thursday, May 26, 2005)]
[House]
[Page H4076]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                            ECONOMIC GROWTH

  (Mrs. BLACKBURN asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. BLACKBURN. Mr. Speaker, earlier this week I came to the floor to 
share great economic news from my State of Tennessee. We had just 
learned that Tennessee expects to have a $272 million boost in sales 
revenue, State revenues. It appears that our fight to restore the sales 
tax deductibility to our Federal income tax is paying off big time, and 
we thank the leadership for that.
  But, Mr. Speaker, the good thing we have learned is that this news is 
not just limited to Tennessee. Just this morning the Bureau of Economic 
Analysis revised the Nation's first quarter growth upward. America's 
GDP grew at 3.5 percent, not 3.1 percent, as had previously been 
estimated.
  If you do not know what that means, let me tell you. It means that 
the Republican support for lower taxes and less regulation is paying 
off. It works. It works. In April, America's free enterprise system 
created 274,000 new jobs.
  Everyone in this body should recognize the fact that our leadership 
and our majority are putting America on the right track for growth and 
job creation.

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