Mr. Speaker, I thank my colleague from the great State of California, Congressman McCarthy. What a wonderful leadership role he is playing with our freshmen class. It is true, Mr. Speaker, we are so grateful, as freshmen Members, to be…
Mr. Speaker, I thank my colleague from the great State of California, Congressman McCarthy. What a wonderful leadership role he is playing with our freshmen class.
It is true, Mr. Speaker, we are so grateful, as freshmen Members, to be here with new ideas and a new perspective. Part of that perspective is a positive outlook on life and a positive outlook on our country. One thing about Americans, Mr. Speaker, is we tend to be happy people, go-getter people, people that have ideas, innovation. We are entrepreneurs. We always look over the next hill. We always look for the next goal. We are forward-looking people.
One thing that I have been a little dismayed about in my time here in the Congress is I have heard so much negativity on the floor. As a matter of fact, in the previous Special Order, I was amazed at the level of negativity that I heard. That is not representative of the American people. It certainly is not representative of the people of the Sixth District of the State of Minnesota. They are positive people that are looking, as we Republican freshmen are looking, at new ideas, at fresh perspectives.
I was so intrigued this weekend when I was home in my district, I had the chance to read the Sunday paper. I found an article in that paper that talked about the incredible progress we have made in recent years. So much of that has to do, Mr. Speaker, with a lot of the very good decisions that were made in the previous Congresses, particularly, Mr. Speaker, the tax cuts that were passed in 2001, 2003. I say that because I am a Federal tax litigation attorney. I hate high taxation. If you speak with most Americans, they also detest high levels of taxation. One thing that the Congress did so well was to reduce that level in 2001 and in 2003. The one thing we don't want to see happen is to have the country take a dramatic turn now under the Democrat controlled House of Representatives and embrace tax increases. This really concerns us because what we have seen so far is the Democrats are now embracing what, you know, the argument is, will it be the largest or the second largest tax increase in American history? Whatever, it is a very large tax increase. But what the other formula for success has brought about, Mr. Speaker, is prosperity.
Prosperity not just for those who are the high income earners, not even just the middle income earners. We have seen tremendous levels of prosperity, even for those who we would consider the poor among us, who government considers the poor among us, and if there is anyone who deserves help up, a hand up, it is the poorest among us.
In this article I read this weekend, it is really a scorecard of sorts on the Republicans and the great tax cuts that they put through this Congress, and it is very good news.
If you dig into the numbers, as this author writes, his name is Jason Lewis, he is a writer from the Twin Cities, and I want to quote from this article, he writes, ``We now have a record number of Americans with health insurance.''
I will tell you what. You would never know that, listening to people speak on the floor of this House. You would think everyone is destitute and no one has health insurance. We are at an all-time high in this country with the number of people that have health insurance.
The doom-and-gloom focus says that most of those people who do not have health insurance currently live in households with incomes that are in excess of $50,000 a year. So even the people who don't have health insurance in the United States are making over $50,000 a year. In fact, many of them
today are eligible for government healthcare programs. They have just simply decided or elected not to enroll in those programs.
The median household income, more good news is that adjusted for inflation, the median household income today has risen in 2006 to over $48,451 nationwide, and in the Twin Cities in Minnesota, median household income today is at a robust $62,223.
This is great news. We should be talking about this great news. And how did we get to this level of prosperity? It is because of the tax cuts that came in 2001 and 2003, and that great investment is now paying off.
Surprisingly, in August, the figures show the first significant drop in poverty in a decade. This is great news. Shout it from the housetop, which we are. This is the ``big House.'' We are shouting it. The official rate declined from 12.6 percent in 2005 down to 12.3 percent. That is great. We want to reduce the level of poverty in the United States.
The Federal tax cuts of 2003 gave us an economy that added $1.3 trillion in real output. We have grown more than 3 percent annually, according to Investors Business Daily.
Business spending, way up, adding 8 million new jobs to this economy. Real labor compensation per hour has rebounded, because now wages have advanced 3.9 percent from a year ago.
Those are statistics. But it really means things for American families. As a woman, as a wife, as a mother of five children, we have raised over 23 foster children, I will tell you what: When your wage goes up, that means you can afford to pay the light bill at the end of the month. You can afford to have groceries. You can take your kids and buy them the clothes that they need for school. You can pay for the field trips they have to go on. And you can pay for all the sports activities that they love to do after school.
These are real benefits, when government doesn't have that money, when normal real people have this money. That is what we want, to have all households have that money, and the poorest families are the ones that need to benefit even the most.
Mr. Speaker, even with the slight decline in job creation in August, the Nation's unemployment rate remained in record low territory of 4.6 percent. Great news. Great news for today.
Robert Rector also just came out for the Heritage Foundation, and he told us among the households considered poor in our country, of those households that we call poor, 46 percent of those households in America, almost half actually own their own home. That is something that we don't always understand, that almost half of all poor people in this country own a home. If you own a home, Mr. Speaker, that is your greatest down payment on the next generation and on wealth creation.
Most people that are considered poor by our government own a car. In fact, of people considered poor, 31 percent of poor households own two or more cars. That is great, and we want to keep prosperity going for the poor.
Seventy-eight percent of those who are considered poor by the government have a DVD player or have a VCR player. In fact, 62 percent have cable or satellite TV. One-third of poor households have both cell phones and land line phones. And a stunning 80 percent have air conditioning. This is really good news, significant, because as recently as 1970, and I remember this, only 36 percent of all American households had air conditioning. My family wasn't one of those. So I am grateful that today 80 percent of the people that even the government considers poor today have air conditioning. This is great news that we have.
In fact, the study said that 89 percent of poor families themselves, and this is very important, say that they have enough food. Boy, if there is any measure of poor, it is, are you hungry? No one wants to see one child, one older person, anyone go hungry in this country. Eight-nine percent of people who themselves are categorized as poor say that that they have enough food. Only 2 percent of that category say that they don't.
That isn't to say, Mr. Speaker, that there are not serious problems for those who live below the poverty line. Trust me. The foster children that we took into our home, they were categorized in this category. There are needs aplenty for those who are below the poverty line. We need to address those needs.
That being said, there is good news out there. Let's celebrate the fact that Census Bureau figures don't even include when they categorize people that are poor the value of non-cash benefits. So if you are poor, the government doesn't even include the fact of the amount of money you receive in food stamps. They don't include the amount you receive in housing subsidies, in Medicaid, or even the Earned Income Tax Credit. That is to say, and this again is good news, that the gap between the poor and average households is even smaller than sometimes what it is stated to be.
That being said, we are now at a juncture, Mr. Speaker, when we are looking at a turn. I know my colleagues that are also going to be speaking in the freshman class are going to be talking about this turn.
I will end on this note, because I gave a lot of great news. The negative news that we are looking at is that so far in this Congress, the Democrat majority in the House has passed their budget, and their budget included, again, the largest, or however you want to parse it, the second largest tax increase in American history. I just want to say that for the people of my district and the people for your district, they will probably have to be paying an additional $3,000 a year for every average American family, and that will negatively impact the poorest among us the most.
So we have two choices in front of us: Do we want to continue with lower taxes and prosperity, where the poorest among us have seen actually tangible benefits? Or do we want to take the route that the Democrats have proposed, and increase taxes knowingly $3,000 a year on my family, on your family, on families in our districts? I can't abide by that, especially for the low-income families in my district.
With that, I say let's do what our founders would want us to do, and that is to embrace hope, prosperity, new ideas and a fresh perspective.
Mr. Speaker, with that, I yield back to the kind gentleman from California, Congressman McCarthy.