[Congressional Record Volume 164, Number 129 (Tuesday, July 31, 2018)]
[Senate]
[Pages S5467-S5468]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                            Economic Growth

  Before I close, Mr. President, I would like to say just a couple of 
words about the economic numbers released last week. On Friday, the 
Commerce Department announced that the economy

[[Page S5468]]

grew at a rate of 4.1 percent in the second quarter of 2018, and I have 
to say that this is tremendous news.
  Getting our economy going again has been a huge priority for 
Republicans since President Trump's election. We have eliminated 
burdensome regulations that were acting as a drag on economic growth. 
In December of last year, we passed a comprehensive tax reform bill 
that put more money in Americans' pockets and fixed some of the 
problems in the Tax Code that were keeping businesses from growing and 
creating jobs. Now we are seeing the results: robust economic growth, 
low unemployment, near-record optimism among small businesses, soaring 
business investment, and more.
  What does all of this mean? It means more jobs and better wages for 
hard-working Americans. It means more opportunities, and it means more 
economic security and a better life for American families.
  I am proud of the economic progress we have made over the past year 
and a half, and I am going to keep working with my colleagues in 
Congress to advance policies that will expand economic opportunities 
for Americans even further so that we can continue to create those 
good-paying jobs and those better wages for American workers and for 
American families.
  I yield the floor.

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