[Congressional Record (Bound Edition), Volume 151 (2005), Part 20]
[House]
[Page 27769]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      AMERICAN ECONOMY FLOURISHES

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, workers throughout our 
country have over 4.25 million reasons to agree that the American 
economy continues to improve under Republican leadership.
  Since President Bush signed the Jobs and Growth Act of 2003, the news 
about the economy has been overwhelmingly positive. 4.5 million new 
jobs have been created. The unemployment rate is lower than the average 
of the past three decades. The economy grew at 4.3 percent over the 
past 10 quarters. Tax receipts increased by $274 billion in just one 
year after the tax cuts, the largest increase ever due to economic 
growth.
  As the Republican Congress continues to pass legislation that will 
decrease the tax burden upon American workers and eliminate excessive 
government regulations, our economy will continue to flourish. We will 
work hard to ensure that the American people, not the Federal 
Government, have control over their hard-earned money.
  In conclusion, God bless our troops, we will never forget September 
11, and the lifetime of service of the late Governor Carroll Campbell.

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