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 CRISIS CONTINUES” mentioning the U.S. Dept of Labor was published in the House of Representatives section on pages H5591 on July 14, 2010.
The publication is reproduced in full below:
ECONOMIC CRISIS CONTINUES
(Ms. ROS-LEHTINEN asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)
Ms. ROS-LEHTINEN. Madam Speaker, as the massive Federal spending and overregulating continue, so does the ongoing economic crisis. The Labor Department reported this week that job openings dropped in May from the previous month and layoffs edged up. Businesses added a net total of only 83,000 jobs in June and 33,000 in May, after average net gains of 200,000 in March and April.
A major reason for this weak hiring is that small businesses, which create about 60 percent of new jobs, are having trouble getting the credit they need to expand and hire more workers. Meanwhile, in the middle of this recession, the liberal leadership in the House is about to unload another 2,500 pages of hundreds of new regulations on the very businesses that provide credit.
Madam Speaker, we need to act now to reverse course, to lower the tax burden on small firms and simplify the regulations in order to encourage job creation, and we need it now.
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