ECONOMIC AND JOB GROWTH -- (House of Representatives - July 12, 2005)
(Mrs. BLACKBURN asked and was given permission to address the House for 1 minute.)
Mrs. BLACKBURN. Mr. Speaker, you know last night I came down and had a little bit to say about the jobs, 146,000 new jobs that this economy, this private sector has grown in June, and near historic lows in unemployment at 5 percent.
And with the economic growth, the tax reductions, our deficit will be $100 billion lower than original projections. And we are going to continue to build on all of this.
Today, Mr. Speaker, I want to call attention to another article, this one on spending regulation keeps growing. And I think that is one of the things that we continue to look at and one of the reasons that we are addressing some of the bills and legislation that we are this week.
It is also the reason that we continue to address waste, fraud and abuse in this Congress, finding ways to reduce the cost of government so that this economy will continue to move forward and continue to grow.