ONE THING I KNOW FOR CERTAIN -- (House of Representatives - June 09, 2005)
(Mrs. BLACKBURN asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)
Mrs. BLACKBURN. Mr. Speaker, as a former small business owner, one thing that I know for certain is that there is not a nation on this earth that has ever taxed itself into prosperity. Raising taxes and increasing regulation absolutely does not create economic growth. It is a guarantee that you are going to get less of what you want. We know that by reducing regulation and reducing taxes that we see economic growth and we see jobs growth.
Mr. Speaker, America has now recovered economically from the tragedy of Se ptember 11. We have grown our economy out of recession and passed the tremendous blow on September of 2001, and we did it by reducing regulation and lowering taxes, by working to change the budget process, by reducing what the Federal Government spends, with the budget we have passed this year, by beginning to root out waste, fraud and abuse and being aggressive in that. In other words, we are working to make America competitive.
Mr. Speaker, I salute our Republican leadership for their commitment to th is.