On the recordApril 8, 2014
The gentleman referred to tough decisions. Well, it is true that the House Republican budget is really tough on our kids' education. It cuts deeply into early education, Early Head Start, and Head Start. It cuts very deeply into K-12. That includes Title I and special education for kids with disabilities. As we have talked about, it charges college students higher interest rates. And it is true that the Republican budget is tough on seniors on Medicare, because if they have high prescription drug costs, the Republican budget reopens the doughnut hole so they will face $1,200 more per year on prescription drugs. So it is tough on kids' education, and it is tough on seniors. I will tell you who it is not tough on. It is not tough on powerful special interests, people who are spending millions of dollars right now on TV advertising trying to influence people's votes. It is not tough on them at all. As I said, this budget calls for cutting the top tax rate by, fully, 30 percent. Now, during the Budget Committee debate, the Democrats said, okay, the only way you can do this mathematically, if you are cutting the top rate by 30 percent, from 39 percent to 25 percent, is if you do it in a deficit neutral way, then you are going to be increasing taxes on middle class taxpayers and families to finance those tax cuts.…
