[Congressional Record Volume 151, Number 94 (Wednesday, July 13, 2005)]
[House]
[Page H5746]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


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                              THE ECONOMY

  (Mr. CHOCOLA asked and was given permission to address the House for 
1 minute.)
  Mr. CHOCOLA. As we have heard, Mr. Speaker, last week our country did 
receive more good economic news. The jobless rate fell to 5 percent in 
June, the lowest rate since September of 2001. Economic growth has 
continued to average a strong and steady 4 percent. The deficit is down 
by over $100 billion to its lowest point in 3 years. And tax receipts 
have skyrocketed this year.
  That news should send a clear signal to Members of this body, it is 
time to give the tax cuts of 2003 the credit that they deserve. Time 
and again we have learned that the best way to achieve growth and 
create jobs is for hardworking people to keep more of their own money 
in their own pockets.
  Mr. Speaker, I urge my colleagues to help sustain this growth and 
help eliminate the deficit by controlling spending and making the 2003 
tax cuts permanent.

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