[Congressional Record Volume 157, Number 89 (Tuesday, June 21, 2011)]
[House]
[Page H4340]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REAL RECOVERY AGENDA
(Mr. HULTGREN asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. HULTGREN. Mr. Speaker, last Friday marked 1 year since President
Obama promised the American people a recovery summer. But looking at
the latest grim economic reports, it is clear that recovery couldn't be
further from the truth. Consumer confidence slid to a 6-month low;
unemployment rose to 9.1 percent, the highest rate since December; the
stagnant economy created only 54,000 jobs, less than half of the
125,000 many economists predicted; and housing prices fell to new
depths in April.
Mr. Speaker, it is painfully clear that President Obama's policies of
excessive spending, borrowing, and regulation are failing. The American
people are paying the extremely high price, and they are demanding
changes--an end to the spending and borrowing, and more pro-growth,
pro-job policies. That is why we are working hard on a real recovery
agenda that will create jobs, cut spending, and restore our Nation to
fiscal health.
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