[Congressional Record Volume 168, Number 54 (Monday, March 28, 2022)]
[House]
[Page H3868]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   OUR ECONOMY IS STRONGER THAN EVER

  (Ms. GARCIA of Texas asked and was given permission to address the 
House for 1 minute and to revise and extend her remarks.)
  Ms. GARCIA of Texas. Mr. Speaker, I rise to celebrate the country's 
tremendous economic improvements.
  While our economy is stronger than ever, the America COMPETES Act 
will strengthen the economy even more in the near future. But one key 
economic accomplishment during Biden's first year I would like to 
highlight is the large budget deficit decrease he produced.
  In his first year, the deficit decreased by $360 billion. That is an 
average drop of $30 billion each month. That is huge.
  This is a night-and-day difference from the past administration, 
which only increased the budget deficit year after year during his time 
in office. But even better, Biden is on track to reduce the deficit by 
more than $1 trillion this year. This is truly remarkable.
  We really are building a better America for generations to come.

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