[Congressional Record (Bound Edition), Volume 152 (2006), Part 5]
[House]
[Page 6981]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          DEMOCRATS IN DENIAL

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Madam Speaker, when it comes to our economy, denial is 
alive and well on the other side of the aisle. The Commerce Department 
reported Friday that the economy grew at 4.8 percent in the first 
quarter of 2006. This is the fastest pace in more than 2 years, and the 
economy has now grown for 18 straight quarters. The Conference Board's 
Index of Consumer Confidence also increased to the highest level since 
May, 2002.
  These reports indicate that the great news of our thriving economy 
has reached the American people. Despite the efforts of House Democrats 
to paint a gloomy picture, Americans are spending their money and 
thoroughly enjoying the success of our economic boom.
  Not only is our economy growing at a record pace, but in the past 
year the number of first-time jobless claims has fallen 6.5 percent, 
while the number of continuing claims is down 8 percent. Jobs were 
created in 48 States between March, 2005, and March, 2006, while 
jobless rates were down in 43 States.
  Madam Speaker, the good economic news is flowing in like a river, and 
it will continue as long as we pursue Republican pro-growth tax 
policies. And as hard as Democrats try, they just can't deny that.

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