On the recordApril 8, 2014
I would just point out that we hear a lot about the global aggregate numbers, but the distribution of those cuts is important. If you look at the portion of the budget that we have, historically, used to invest in education, to invest in innovation, to invest in places like the National Institutes of Health, that portion of the budget is cut by 24 percent relative to the bipartisan Ryan-Murray agreement. And it is cut from there. So the part of the budget that does a lot of damage that we are focused on in terms of future investments, really does mean that we are going to be less competitive as a country. It will dull our competitive edge. And I will tell you, our economic competitors will be cheering. Mr. Chairman, I reserve the balance of my time.
