On the recordJuly 12, 2011
As negotiations continue on the upcoming debt ceiling, the retirement savings, mortgages, and pensions of the American people hang in the balance. It is long past time for both sides--I say, for both sides--to get serious about a balanced budget. Any long-term budget must--I state, must--protect Medicare and Social Security for all Americans, create jobs here at home, and begin to reduce the deficit with intelligent class protection. It's time for the wealthiest among us to step up to the plate and take up their share. We must end tax breaks for ultrarich, Big Oil companies, and the corporations that ship jobs overseas. No jobs have been created--I state, no jobs have been created--in the United States since the Bush tax cuts first went into effect. No taxes, no jobs. No taxes, no jobs. Let us put politics aside and do what is best for the interests of the American people before it is too late. ____________________
