JOB PICTURE IMPROVING THANKS TO TAX CUTS -- (House of Representatives - April 02, 2004)
(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, we are going on an Easter break and spending time back in our districts, and before I head back to the Seventh District of Tennessee I wanted to take just a couple of moments and talk just a little bit about the headlines that are out there today.
"U.S. job growth soars." That is from CNN Money. "308,000 jobs: Far better than Wall Street's forecast." I have got other copies of articles here, Bloomberg, My Way, talking about jobs growth.
There are reasons for this, Mr. Speaker, and it is the Bush tax cuts that this body passed last year, the third largest tax cut in history. This check, $1,133, this is what the average family, 91 million American taxpayers, saw last year. Over 25 million small businesses are seeing about $2,800 in tax cuts. That is why the economy is growing.
The tax cuts are working, 308,000 new jobs.