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Archived News Release — Caution: Information may be out of date.
OPA News Release: [05/28/2004]
Contact Name: Lisa
Kruska
Phone Number: (202) 693-4676
Statement of U.S. Labor Secretary Elaine L. Chao on
One-Year Anniversary of President’s Jobs and Growth Act
WASHINGTON—U.S. Secretary of Labor Elaine L. Chao released
the following statement on the first anniversary of the signing of President
Bush’s Jobs and Growth tax-relief package:
“One year ago, the President signed the Jobs and Growth Tax Act
of 2003. The Jobs and Growth Act was very appropriately titled, since jobs and
growth have been the two main results of the much-needed tax relief that
American workers received from that legislation.
“As a result of the President’s Jobs and Growth tax-relief
package, 1.1 million jobs have been created since last summer. Over the last
year, employment is up in 44 states and the unemployment rate has declined in
47 states.
“The President’s plan has also helped strengthen economic
growth. With strong 4.4 percent economic growth in the first quarter of this
year and the strongest three-quarter growth rate in almost two decades,
there’s no doubt the President’s plan is improving the lives of
millions of American workers.”
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Archived News Release — Caution: Information may be out of date.
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