this budget resolution is a failed economic plan. Fourteen months ago, this body passed a tax cut worth $1 trillion, a little over $1 trillion; and the net result has been 2.5 million Americans without work, 4 million Americans without health insurance, nearly $1 trillion worth of corporate assets have been foreclosed on, and 2 million more Americans have left the middle class for poverty. That is the net economic result and the economic effect felt by America's families. In this budget resolution, Members of this body will be asked to vote for only 5,000 new units for affordable housing here in America. Yet, 3 weeks from now, 4 weeks from now in the reconstruction budget for Iraq, we will provide 20,000 units in Iraq. This budget calls for no new spending for health care for the uninsured who work full-time in America, yet the Iraqi reconstruction will call for $13 million, half the population of Iraq, to have basic health care, 100 percent maternity coverage; yet we cut Medicare and Medicaid in this budget resolution. In the area of education, the Iraqi reconstruction calls for 25,000 new schools to be rebuilt, yet we zero out 40 programs here in America. I will support and work towards the reconstruction and funding for the reconstruction of Iraq because it is the right thing to do after this war when it is over, and we will win it successfully. But I want that same commitment, that same emphasis for here at home.
Editor's note · Context
Addressing the economic implications of the budget resolution and comparing it to funding for Iraq reconstruction.
Share
More from Rep. Rahm Emanuel
In 7 years, the President has been awfully reluctant to use his veto pen. But when it comes to important health care legislation, this President hasn't hesitated to say ``no'' to the American people. Stem cell research, which could cure…
to pick up on my colleague's comments about fairness, one of the provisions in this legislation deals with closing the loophole for KBR, a former Halliburton subsidiary, that used the Cayman Islands to avoid paying taxes. And that is, it…
About a week ago, this Congress passed the most comprehensive update of the GI Bill of Rights for both Active Duty, Guard and Reserve soldiers. We follow up that legislation with what we are doing today to also update our laws as relates…
more than 40 years ago, this House stood up in the name of America and did the right thing and passed sweeping civil rights legislation to protect men and women of all races from discrimination. By widening the circle of freedom to include…





