“BUSH ECONOMIC POLICIES” published by the Congressional Record on May 4, 2006

“BUSH ECONOMIC POLICIES” published by the Congressional Record on May 4, 2006

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Volume 152, No. 52 covering the 2nd 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.

“BUSH ECONOMIC POLICIES” mentioning the U.S. Dept of Labor was published in the House of Representatives section on pages H2106 on May 4, 2006.

The publication is reproduced in full below:

BUSH ECONOMIC POLICIES

(Mrs. MALONEY asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)

Mrs. MALONEY. Madam Speaker, last week's economic news underscored major flaws with the Bush economic policies. The economy is growing and productivity is high, but the benefits of growth are showing up in the bottom lines of companies, not in the paychecks of American workers.

Last Friday, while the Commerce Department reported a rebound in GDP from a weak fourth quarter, the Labor Department reported that a key measure of the compensation paid to workers failed to keep up with increases in the cost of living. The typical family is seeing its economy squeezed by rising costs of gasoline, health care, and college educations.

The President and his colleagues on the other side of the aisle are more interested in fiscal policies that worsen the budget deficit than in addressing the real economic challenges that are facing America's working families.

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SOURCE: Congressional Record Vol. 152, No. 52

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