[Congressional Record Volume 152, Number 118 (Wednesday, September 20, 2006)]
[House]
[Pages H6739-H6740]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




      BUSH ECONOMY IS NOT BENEFITING AMERICA'S GREAT MIDDLE CLASS

  (Mr. HOLT asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. HOLT. Mr. Speaker, for 6 years now, the middle-class families in 
the United States have been sold out by the leadership here in 
Washington.

[[Page H6740]]

Wages are worse than stagnant. Families are paying more for energy, 
health care and education, and yet real household income for working-
age families has declined every year of the Bush administration, 
dropping nearly $3,000 in real terms. Personal debt is at the highest 
in many years, and America's debt has climbed 50 percent, to more than 
$28,000 per person since Bush took office, and will double to more than 
$11 trillion.
  I wonder if Americans realize that Republican leadership has 
stubbornly and consistently refused to accept Democratic calls to have 
pay-as-you-go budgets. The Democratic leadership would take our Nation 
in a new direction and begin to repair the economy for regular middle-
class American families.

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