On the recordMarch 29, 2012
Mr. Chairman, I thank the gentleman for yielding. And I want to rise to sing the praises of our Democratic members on the House Budget Committee, led by the gentleman from Maryland (Mr. Van Hollen). Thank you for bringing us a balanced budget to the floor, a balanced option on how we go forward to the floor. Yes, we know we have to make cuts, and we have to increase revenue, but most of all, we have to increase jobs. Growth is what is important. And the difference between these two budgets, the budget that Mr. Van Hollen is proposing and the Ryan Republican budget, is that the Ryan Republican budget loses jobs. The Van Hollen budget, the Democratic budget, is a job-creator. It's a job-creator. It also invests in education. Think of it, if you're a student and you have a student loan, on July 1 your interest rate will double from 3.4 percent to 6.8 percent. The Ryan Republican budget says that's just fine. The House Democratic budget prevents that from happening. And if you're a senior, the Ryan budget takes you down a path where the Medicare guarantee is cut. You may have to spend $6,000 or more for less in terms of benefits. All the while, while not protecting our students, while not creating jobs, while not protecting our seniors and their Medicare, the Ryan budget gives an over-$300,000 tax break to people making over $1 million a year. How can that be? How can that be? The more people know about that budget, the more they know that it hurts them and their lives.…





