[Congressional Record Volume 151, Number 75 (Wednesday, June 8, 2005)]
[House]
[Page H4193]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1015
            REPUBLICANS PAVE THE WAY FOR AMERICAN HOMEOWNERS

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Madam Speaker, June is American 
Homeownership Month, recognizing the benefits of achieving the American 
Dream. As a former real estate attorney for 25 years, I know firsthand 
the joy of homeownership. By purchasing a home, Americans are investing 
in their own futures, ensuring stability and promoting long-term 
financial security for their families. House Republicans are providing 
important incentives for homeowners and creating jobs and are paving 
the way for more American families to own their own homes. Today, 
homeownership is near record levels, with 69.1 percent of American 
families now owning their homes. According to the National Association 
of Realtors, sales of existing U.S. homes climbed 4.5 percent in April.
  Increased home sales are just another sign of continued economic 
growth in America. Last week, the Department of Labor also reported 
that the Nation's unemployment fell to 5.1 percent in May and that over 
3.5 million jobs have been created since May 2003 when President Bush 
signed into law his tax reductions.
  Republicans remain dedicated to a successful, positive agenda that 
will grow the economy and provide more opportunities to American 
families.
  In conclusion, God bless our troops and we will never forget 
September 11.

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