On the recordJuly 10, 2012
Just to respond to my friend, the chairman of the Budget Committee, with respect to the CBO estimate, if it was true that over the 10-year period you had tax revenue loaded in the way that would sort of so-called deceive the impact of the deficit, it would stand to reason it would get worse over the second 10 years. In fact, the deficit savings, in other words, the reductions to the deficit, is greater over the second 10 years, according to the Congressional Budget Office, than the deficit reduction over the first 10 years. And if you repeal the bill, as the Republicans are proposing to do today, you will not only add to the deficit in the first 10 years, but you'll add even more to the deficit over the 20-year period. I now yield 1\1/2\ minutes to the gentlelady from Florida, a member of the Budget Committee, Ms. Wasserman Schultz.
