John Yarmuth: “I thank my friend for yielding. Mr. Chairman, as a 6-year member of the Budget Committee and the second ranking…”

“I thank my friend for yielding. Mr. Chairman, as a 6-year member of the Budget Committee and the second ranking Democrat, I have seen this budget proposal up close and personal. I have seen the way it has been reshaped over the years, from its early days as the first Ryan budget, to the collection of budget tricks and gimmicks we find before us today. Despite the highly questionable math and mysterious growth projections, the consequences are clear. This budget hurts American families now and in the future, hitting their pocketbooks and their checkbooks today while disinvesting in our and their future. It immediately raises taxes on the hard-working families who are simply looking for a shot at the American Dream: owning a home, providing their kids with access to a good education, living a healthy life, and being able to save for retirement while their parents enjoy theirs. It makes college more expensive for those families, cutting Pell grants by $90 billion and eliminating higher education tax credits. It cuts investment in our infrastructure and innovation, leaving us less competitive in the global economy. This budget takes more than 16 million men, women, and children off of the health insurance plan they have now, thanks to the Affordable Care Act. People will, again, be denied care because of preexisting conditions. Lifetime caps on coverage return.…”