[Congressional Record Volume 156, Number 57 (Wednesday, April 21, 2010)]
[House]
[Pages H2701-H2702]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RESTORING U.S. COMPETITIVENESS
(Mr. BOUSTANY asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. BOUSTANY. Mr. Speaker, our country is on an unsustainable path
with trillion-dollar deficits annually, continued massive government
spending, and an atmosphere of uncertainty as President Obama and
congressional Democrats have enacted $760 million in gross new tax
increases since 2009, with more tax increases planned. It's no wonder
that unemployment remains stubbornly high and economic growth is
sluggish. These policies are a threat to U.S. competitiveness.
We need a commonsense policy to promote growth. We need to cut
government spending and adhere to a balanced budget. We need to
increase U.S.
[[Page H2702]]
exports by implementing the three free trade agreements that we've
already negotiated. That way, we show that America keeps its
commitments. And we need to lower the corporate tax rate so that our
U.S. companies can compete against foreign competitors.
These are commonsense policies that will lead to U.S.
competitiveness, job growth, and economic growth.
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