On the recordMarch 20, 2013
Thank you, Mr. Chairman. The fundamental choice here is whether we want a budget like the Democratic budget that focuses on economic growth and strengthening the middle class or whether you want to take a budget like the Republican budget that imposes European-style austerity by more than doubling the size of the sequester on essential investments to help the economy grow. Investment in our infrastructure, when we know we have 15 percent unemployment in the construction industry. Investment in our kids' education, not doubling the student loan interest rate in July, as the Republican budget would do. Investment in science and research. If we don't make those investments, our global competitors are going to eat our lunch. And yes, we do ask the very wealthy to get rid of some of their tax breaks and loopholes to help contribute to the reduction of the deficit so that we can reduce the deficit in a balanced way that calls for shared responsibility. And no, we do not ask middle-income families to pay higher taxes in order to finance tax breaks for the wealthy. And yes, we get the deficit down in a steady way. We balance it in the same year the Republican bill balanced last year, and we don't pretend that we're going to balance and get rid of ObamaCare at the same time. That's fake balance, not real balance. I yield back the balance of my time. The CHAIR. The gentleman from Wisconsin has 2 minutes remaining.





