[Congressional Record Volume 165, Number 86 (Wednesday, May 22, 2019)]
[House]
[Page H4074]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PROGROWTH POLICIES WORK
(Mr. BUDD asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. BUDD. Mr. Speaker, I rise today to talk about the state of the
economy and how progrowth policies are helping my district.
A headline last month on CNBC read: ``Jobs Surge in April,
Unemployment Rate Falls to the Lowest Since 1969.'' The U.S. added
263,000 new hires last month, including over 13,000 jobs in North
Carolina. On top of that, the labor participation rate increased. Many
people are coming off the sidelines and into the workforce, and the
manufacturing output continues to go up.
Mr. Speaker, when we cut taxes, slash red tape, and give employers
more certainty, they are able to employ more people. This just isn't
rocket science.
Just a few days ago, my district received great news. Honda Aircraft
announced plans to expand its global headquarters in Greensboro by
investing $15.5 million in a new facility on its campus. This will be a
huge boost for Guilford County, and that is why we cannot afford to go
backwards.
Tax cuts work.
Progrowth policies work.
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