On the recordMarch 20, 2013
I yield 1 minute to my good friend, the gentleman from Washington (Mr. McDermott). (Mr. McDERMOTT asked and was given permission to revise and extend his remarks.) Mr. McDERMOTT. Mr. Chairman, the Back to Work budget is the first budget that recognizes the truth about our so-called ``deficit crisis'': we don't have one. Speaker Boehner and Chairman Ryan went on television on Sunday and said that there is no immediate crisis, that it is the unemployment numbers we should be worried about. Now is not the time for austerity. It is the time for the government to invest where the private sector won't. They're sitting on their money, waiting. This is the time to bolster our new and growing industries, like biomedical research and technology. Now is the time to rebuild our infrastructure. Creating jobs, as this budget does, is the only way we will become self-sustaining. With lower unemployment, fewer people need public assistance, and more people pay taxes. That's how you shrink the deficit. That's fiscal responsibility. My Republican colleagues love to talk about balancing household budgets. Well, I don't know any American family that would use its children's lunch money to pay down its credit cards, and that's what they're proposing in the Ryan budget. Most families choose to invest in college educations, health care and retirements, trading current debt for future returns. It's time to choose what kind of country we're going to live in.…





