Political Quotes

On the recordSeptember 10, 2012
I rise today to speak about the budget proposed by Congressman Paul Ryan, which has been approved twice by the House of Representatives. The Ryan budget, which is purported to be a measure of fiscal responsibility, is in fact an attempt to rewrite the social contract in this country while at the same time adding to the national debt. Let me explain. There are four major components of the Ryan budget. The first is another round of tax cuts for the wealthy. According to the non-partisan Tax Policy Center, the Ryan tax plan would add an additional $4.5 trillion to the Nation's debt. That is on top of the staggering cost of the Bush tax cuts. Second, the Ryan budget would virtually eliminate spending on domestic programs, imposing debilitating funding cuts for education, air quality, roads, bridges, railways, national parks, first responder programs and a host of other vital national interests. Third, this budget ends Medicare as we know it and converts Medicaid into a block-grant program with capped funds. The Ryan budget endangers our two most vital sources of health care services for seniors, the poor and those with disabilities. Finally, the budget repeals the health reform law, reducing the solvency of Medicare and eliminating critical consumer protections. The tax proposal in the Ryan budget is especially troubling. According to the Tax Policy Center, the Ryan budget would mean a tax windfall of $265,000 a year for millionaires.…
Said by
Dianne Feinstein
Democratic · California
Source
govinfo.gov
Sep 10, 2012

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