[Congressional Record (Bound Edition), Volume 152 (2006), Part 14]
[House]
[Page 18710]
[From the U.S. Government Publishing Office, www.gpo.gov]




      BUSH ECONOMY IS NOT BENEFITING AMERICA'S GREAT MIDDLE CLASS

  (Mr. HOLT asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. HOLT. Mr. Speaker, for 6 years now, the middle-class families in 
the United States have been sold out by the leadership here in 
Washington. Wages are worse than stagnant. Families are paying more for 
energy, health care and education, and yet real household income for 
working-age families has declined every year of the Bush 
administration, dropping nearly $3,000 in real terms. Personal debt is 
at the highest in many years, and America's debt has climbed 50 
percent, to more than $28,000 per person since Bush took office, and 
will double to more than $11 trillion.
  I wonder if Americans realize that Republican leadership has 
stubbornly and consistently refused to accept Democratic calls to have 
pay-as-you-go budgets. The Democratic leadership would take our Nation 
in a new direction and begin to repair the economy for regular middle-
class American families.

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