[Congressional Record (Bound Edition), Volume 151 (2005), Part 20]
[House]
[Page 27767]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      AMERICA'S SUCCESSFUL ECONOMY

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Mr. Speaker, the latest economic numbers show that the 
Republicans' pro-growth economic policies are working. In November, the 
U.S. Consumer Confidence Index rose almost 15 points from the previous 
month, which bodes well as we enter the holiday shopping season.
  The White House has projected that the economy would record a growth 
rate of 3.5 percent for 2005. In addition, the number of Americans 
filing first-time job claims fell to a new 7-month low, and the 
unemployment rate is holding steady at 5 percent.
  Finally, nearly 4.5 million jobs have been added in the last 2\1/2\ 
years. This encouraging economic news demonstrates that the Republican 
plan of low taxes and restrained Federal spending is a winning 
combination.
  Last month, we passed the Deficit Reduction Act, which is a plan to 
help reform government and yield savings for American taxpayers. 
Democrats, on the other hand, continue to push their tax-and-spend 
policies, a plan which is neither good for the family checkbook nor the 
American economy.
  Republicans will continue to push for pro-growth policies to ensure 
that all Americans can realize the American Dream.

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