On the recordApril 4, 2014
I was glad the last speaker mentioned the CBO report on immigration reform. I just wish that, if they really wanted to have a pro-growth policy, they would adopt the bipartisan immigration legislation that the CBO wrote about, because what the CBO report said was that would be a great boost to economic growth in our country. It would create more jobs. It would create more economic activity. As I said, because it would generate more economic activity and more pro-growth revenue, it would actually reduce the deficit over the next 10 years by $190 billion, and almost a trillion over 20. So, great. I haven't really heard a response to this, Mr. Chairman, but we want more information. CBO does reports all the time. But they have this big except. We want more information, except we don't want information about this part of our budget that deals with important investment in our future. As Mr. Connolly said, a lot of our economic competitors have been copying successful models from the United States. For example, the Chinese are trying to hire more scientists in the areas of biomedical research, yet the Republican budget, if you apply it across the board, cut 24 percent--cut--over the next 10 years from the amount for research at NIH that was in the Ryan-Murray document. Again, not surprising they don't want the Congressional Budget Office to look in detail at that.…
