Congressional Record publishes “ECONOMIC GROWTH” on May 11, 2005

Congressional Record publishes “ECONOMIC GROWTH” on May 11, 2005

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Volume 151, No. 61 covering the 1st Session of the 109th Congress (2005 - 2006) was published by the Congressional Record.

The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.

“ECONOMIC GROWTH” mentioning the U.S. Dept. of Commerce was published in the House of Representatives section on pages H3118 on May 11, 2005.

The publication is reproduced in full below:

ECONOMIC GROWTH

(Ms. FOXX asked and was given permission to address the House for 1 minute.)

Ms. FOXX. Mr. Speaker, I rise today to share good news with the American people.

Last week, the Bureau of Labor Statistics announced that 274,000 new jobs were created in April. That means the economy has created nearly 3.5 million jobs since May 2003. We have seen steady job gains for each of the last 23 months, and more Americans are working than ever before.

Another indicator which shows that we are on the road to recovery is home sales. A recent report by the Commerce Department indicates sales of new homes grew by 12.2 percent in March to the highest level in the history of the Nation's housing market.

Clearly, the economy's growth is a direct result of the pro-growth agenda of the President and this Republican Congress.

By encouraging fiscal responsibility in the budget and passing pro-

growth bills such as the Death Tax Repeal and the Bankruptcy Bill, Republican Members continue to show their commitment to America's economy.

However, there is still work to do to continue to grow the economy and get more Americans working. I look forward to continue working with the President to find ways to lower the prices we pay at the pump and will continue to urge my colleagues in the Senate to pass the energy bill that would put more than 500,000 Americans to work.

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SOURCE: Congressional Record Vol. 151, No. 61

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