[Congressional Record (Bound Edition), Volume 158 (2012), Part 2]
[House]
[Page 2955]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              THE JOBS ACT

  (Mr. HENSARLING asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. HENSARLING. Madam Speaker, the President's policies have failed 
and, indeed, made our economy worse. For three straight years, 
unemployment has been above 8 percent, and the Congressional Budget 
Office predicts now that will last through 2014, the worst period of 
sustained high unemployment since the Great Depression.
  America has a deficit of jobs because America's job creators have a 
deficit of confidence in this administration. New business startups are 
at an almost 17-year low, and that's why House Republicans have a plan 
for America's job creators that will help ease the President's job-
killing policies.
  Our plan will continue to unfold this week when the House votes on 
the actual JOBS Act to help small businesses and entrepreneurs access 
vital equity capital and put Americans back to work. The bill does 
exactly what the President's own job council recommends. It's time, for 
once, to work together to pass the bipartisan JOBS Act and give the 
American people the jobs and recovery they deserve.

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