[Congressional Record Volume 152, Number 57 (Thursday, May 11, 2006)]
[House]
[Page H2506]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          OUR THRIVING ECONOMY

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Mr. Speaker, yesterday, House Republicans took action to 
block tax increases on working families, seniors and small businesses 
by voting to pass the Tax Increase Prevention and Reconciliation Act of 
2005. It was an honor to join my colleagues in working to help every 
American family keep more of their hard-earned money. After all, 
Republicans know that individual households know how to spend their own 
money much better than the Federal Government does.
  Tax relief, along with other pro-growth policies, is helping the U.S. 
economy grow at a fiery pace. Recently, the U.S. Department of Commerce 
reported that the U.S. gross domestic product, GDP, grew 4.8 percent in 
the first quarter of this year. Our economy has created more than 5 
million good-paying jobs since August 2003, and the unemployment is 
lower than the average of the 1960s, 1970s, 1980s, and 1990s.
  Despite the Democrats' efforts to paint a gloomy picture, Americans 
are reaping the benefits of our tax cuts and are thoroughly enjoying 
the success of our economic boom.

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