On the recordJuly 28, 2011
You know what we've seen play out here is, a few years back, we provided the tax breaks that went disproportionately to the very wealthy in this country. Now all of a sudden--oh, well, we can't pay our bills anymore, a good part of that reason being the tax cuts. But how are we going to deal with those bills? We're going to sock it to middle class America, whether it's through cuts in education or cuts to Medicare, and all because we don't want to cut subsidies for the oil companies. Again, as I said, just today, Exxon reported huge profits. God bless them for making all that money. But why do they need any of ours, our taxpayer money? And that is the rub of the issue. It's not whether we reduce the deficit; it's how. With that, Mr. Speaker, I reserve the balance of my time.
