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Different colors. All woven and held together by a single precious thread of democracy. Paul has taught us so much and as students who followed him, worked with him, believed with him, loved him and now miss him, we could never, ever be more thankful. With that, mr. Trone and mr. Speaker, i yield back the balance of my time. Mr. Trone i recognize mr. Levin. Mr. Levin thank you very much for recognizing me, mr. Trone and i thank the majority leader for organizing this. Mr. Speaker, i rise to speak for mr. Sarbanes, senator sarbanes employees. And especially for my sisterinlaw milley freeman, who worked for Paul Sarbanes from december of 1989 to january of 2007. And im not going to talk about all the Amazing Things about senator sarbanes that his maryland colleagues have eloquently mentioned and john, im not going to talk about fathers and sons, but my dad who served in this hou ....
Eastern on cspans q and a. White House National economic counselor, larry kudlow, talk to the Washington Post yesterday about the outlook for the u. S. Economy and was asked about the status of Coronavirus Relief negotiations. Robert good to have you here. Thank you for coming. The u. S. Economy grow at a record 7. 4 percent between july and september. It has recovered two thirds of the ground it lost during the first half of the year during the pandemic, but many economists remain wary because the figure comes as the country is still entering this time of rising coronavirus cases and the economy has not entirely healed. So lets begin with these new numbers. Do you acknowledge these record gains follow record losses . Larry of course i do. The shutmic because of ins last spring generated a very heavy economic toll. ....
The ground it lost during the first half of the year, during this pandemic. That many economists remain wary. Because the figure comes as a country still entering the period of rising coronavirus cases. And the economy is not entirely healed. So lets begin with these new numbers. Do you acknowledge that these record gains follow record losses . Well of course i do. The pandemic contraction because of the shut ins last winter and spring. It generated a very heavy economic toll. Very happy. Now outlook, you have a 33 increase, annualized increase in the third quarter. That is a record. And i want to go underneath the hood here. Because i think this is a selfsustaining recovery. The numbers are gargantuan. I will read them off. You have Consumer Spending of 41 , housing up 59 . This is investment and equipment up 70 . An automobile production up almost 12 100 . So my take, robert, is this. This is selfsustaining. It is going to sp ....
A lot comes to mind on a night like tonight. But first and foremost is gratitude. Grateful to live in a democratic republic, where the People Choose our representatives. Grateful to be citizens of the greatest nation in history. Humbled and, i am grateful that you have rehired me to keep fighting for your families and serving our commonwealth for the next six years. You know, the great hero, henry clay, said, the greatest of all human powers is competition. The competition of ideas is crucial in a free society. He stood up for our views and one a lot of votes her views and won a lot of votes. I want to thank the team that worked so hard with kentucky to make our case. Especially josh holmes, my on all things , forical, kevin golden running this campaign, and Terry Carmack has been with me since , mostly answering the question, mitch, who . Most of all, i need to think my best f ....