On the recordApril 13, 2011
I again want to bring it back to the hypothetical American family, small business we're talking about, because the $1.399 trillion figure is boggling to most people. So lop off the zeros there and say, hey, I have a small business, I'm an American family, I will lose $139,000 next year. Let me tell you, is losing $137,000 the next year a step towards solvency or a step towards bankruptcy? I would submit, Madam Chair, ask any small business man in America or small business woman, losing $137,000 instead of $139,000 is a step towards bankruptcy. Just like that family, we in the United States Congress, we in this country need to come together and make hard choices about where to find additional income, where to cut expenditures, how to get this budget out of red and into the black. That's the difference between where the Democrats stand and the proposal of our friends on the other side. And another difference: A Democratic President has actually balanced the budget. That's a claim that the other side can't make for more than a generation. It is clear that the Republicans are not serious about the deficit. If they were, this would be a different bill. Again, this is what we're talking about: Taking our Nation another step down the road towards fiscal insolvency and leaving a legacy of debt for the next generation. Rather than holding the line on spending, the majority is feeding the beast.…





