[Congressional Record Volume 153, Number 153 (Wednesday, October 10, 2007)]
[House]
[Page H11398]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         U.S. ECONOMY AND TAXES

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Mr. Speaker, America's economy is increasingly complex. 
While we hear reports of uncertainty, we also see many fundamental 
signs of health in the economy.
  The latest good news is the recent jobs report that found the economy 
added 110,000 jobs in September and 89,000 jobs in August, a massive 
turnaround from the previously reported loss of 4,000 jobs in August.
  With 200,000 new jobs added to the economy in the last 2 months, we 
once again have proof that Republican economic policies of cutting 
taxes to spur growth are still working. But we cannot keep our economy 
thriving on the tax cuts of yesterday. Congress must work to keep taxes 
low for America's working families.
  We have already seen a Democratic budget that assumes a tax increase 
of nearly $400 billion. If there are signs of uncertainty about the 
future of our economy, such a financial hit to American taxpayers would 
undoubtedly undermine the positive steps Republicans took to ensure 
economic growth and stability.
  Everyone wants a strong U.S. economy. Let's keep it that way by 
preserving low taxes and not preying on the wallets of the families 
that work hard to keep this economy humming.

                          ____________________