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More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.
In addition to a soaring stock market, 6.6 million jobs have been created since tax relief measures went into effect in 2003. Our deficit situation has also improved as tax revenues have increased at double-digit rates over the past two years.
However, as our brave men and women continue to return from the battlefields of the War on Terror, Congress must respond by enacting policies that meet the evolving needs of the veterans community.
Housing has led our nation's economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.
Forty-five States, as the gentleman just said, have determined by people that were elected by the people of that State that marriage is the definition of one man and one woman.
For too long, Japan has been dragging its feet as it ignores the steps the U.S. has made to ensure a safe beef supply and shows a disregard for our prior trade pacts.
Clearly, border security has been the top domestic issue of the year, and rightly so. Securing our borders is an essential aspect of our national security.
National Security quotes
Border security is a complex issue and will remain a top priority during the 2007 legislative year. As Congress works to fix this problem, I will continue to push for strong measures that beef up security at our borders.
At a time when we are dealing with unpredictable suppliers of energy abroad and higher gas costs at home, the decision to increase domestic energy exploration is integral to a balanced, common sense energy policy.
Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.
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