I believe there should be two goals that drive any budget plan in this Congress. One is balancing the budget in the short-term and in the long-term, and second is fairness. I believe that anyone that looks at the Republican proposal as of today would conclude that their plan fails on both parts. It unbalances the budget, and it is unfair. In fact, the Republican tax plan should be called the Unbalanced Budget Act, because like the mistakes of 1981, when Congress exploded the deficit with specified tax cuts and unspecified spending cuts, this plan would provide huge tax cuts not balanced by any spending cuts. This would be the Unbalanced budget Act. On the issue of fairness, I would simply say that trickle-down economics was unfair in the 1980's, and trickle-down economics is unfair in the 1990's. The fact is that the gap between working low-income and middle-class American families and the wealthiest Americans has increased. The Republican tax plan would make that situation even more unfair.
Editor's note · Context
Criticizing the Republican budget and tax plan during a congressional debate.
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