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Public Statements

2nd Quarter GDP


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The Department of Commerce recently issued an update showing that the Gross Domestic Product (GDP) has grown only 1.3% for the 2nd quarter, lower than previously projected. It also reported that durable-goods orders fell 13% in August, which is the biggest monthly decline in the last 3 years. These results confirm what most Americans already feel -- President Obama's policies are not working and are making the economy worse. It's time we turn to "Main Street" solutions such as those that worked so well during the Reagan economic expansion. These include reducing and reforming our broken tax system and reducing the size, cost, and intrusiveness of our federal government.

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