On the recordApril 14, 2011
I thank the gentleman for yielding. The Republicans are trying to claim the mantle of fiscal responsibility today. It's just ridiculous. They are the party responsible for a decade of fiscal recklessness with two unpaid-for wars, two unpaid-for tax cuts, and a blind eye to Wall Street leading to a disastrous recession. And as the President said yesterday, ``There's nothing serious about a plan that claims to reduce the deficit by spending $1 trillion on tax cuts for millionaires and billionaires.'' This chart illustrates that, from 1979 to 2005, the bottom 20 percent of households saw their incomes increase by a grand total of $200. Over the same period, the top .1 percent here in the red saw income growth of nearly $6 million each year. There is nothing courageous about a plan that would protect the wealthy and Big Oil and big corporations that ship jobs overseas at the expense of elderly and their Medicare and their Medicaid and the disabled and children. The Republican budget resolution does not reflect the values of Americans, and I urge my colleagues to reject it soundly.
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