On the recordMarch 28, 2012
Mr. Chairman, let me thank Mr. Honda for his yeoman work on the budget. The Republican majority is asking the American people to, once more, accept the premise that a trickle-down theory of economics is the path to solvency, balanced budget, and fiscal responsibility. Well, this trickle-down theory, as promoted, all it has done is create a dry opportunity for the middle class in this country. Unemployment is up, and it has increased the number of poor and unemployed in this country, and this kind of insecurity has led us to the situation that we're in. Our budget, the Progressive budget, Budget for All, reintroduces something fundamental to the American people, its values and its moral imperatives that have made us a great Nation. Our budget is about fairness in burden and fairness in all. There should be no privileged group that receives that 40 to 50 of the benefit from the tax cuts. That money is needed in this society, and our budget asks for shared burden and shared responsibility. We create jobs. We front-load jobs in this. We are about fiscal responsibility, reducing the deficit and balancing the budget; and we, more importantly than anything else, invest in the American people. We invest in our people, our greatest resource. We save and promote Social Security, Medicare and Medicaid from the destructive plan that's being promoted by the Republican majority.…





