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Progrowth Policies Work

Floor Speech

By: Ted Budd
By: Ted Budd
Date: May 22, 2019
Location: Washington, DC
Issues: Economy and Fiscal

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Mr. BUDD. Mr. Speaker, I rise today to talk about the state of the economy and how progrowth policies are helping my district.

A headline last month on CNBC read: ``Jobs Surge in April, Unemployment Rate Falls to the Lowest Since 1969.'' The U.S. added 263,000 new hires last month, including over 13,000 jobs in North Carolina. On top of that, the labor participation rate increased. Many people are coming off the sidelines and into the workforce, and the manufacturing output continues to go up.

Mr. Speaker, when we cut taxes, slash red tape, and give employers more certainty, they are able to employ more people. This just isn't rocket science.

Just a few days ago, my district received great news. Honda Aircraft announced plans to expand its global headquarters in Greensboro by investing $15.5 million in a new facility on its campus. This will be a huge boost for Guilford County, and that is why we cannot afford to go backwards.

Tax cuts work.

Progrowth policies work.

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