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Positive Economic News

Floor Speech

Location: Washington, DC

POSITIVE ECONOMIC NEWS -- (House of Representatives - July 13, 2005)

(Mrs. BLACKBURN asked and was given permission to address the House for 1 minute.)

Mrs. BLACKBURN. Mr. Speaker, there is great economic news for American workers. The reason this economy is growing is because of small business. That is why we are celebrating Small Business Week. We found out from the Bureau of Labor Statistics last week, 25 months of consecutive economic growth, 146,000 jobs in June. We have unemployment at near historic lows. We are going to see the deficit $100 billion less than projected. The reason that is happening, the reason we have steady economic growth, is because the tax reductions are working. The tax reductions are working, and we are seeing higher Federal revenues.

We are going to continue with this. It shows that the agenda laid forth by the majority leadership has worked for all Americans, and we are going to continue to work to reduce Federal regulations like the bills we did in dealing with OSHA to make the environment more friendly for small business to do what they do best, create those jobs. We look forward to continuing to create the environment for a great competitive American workplace.

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