On the recordOctober 4, 2017
Even though Republicans continue to assert the discredited supply-side mantra that tax cuts pay for themselves, no responsible economist believes that, not one--responsible is the operative word. The Tax Policy Center's analysis found that their tax cuts would add $2.4 trillion to deficits over the next 10 years. The previous speaker said this balances the budget in 9 years. That is Alice in Wonderland balance. It will never happen. I have been here for 36 years; I have heard those comments all the time. It never happened. But it is even worse, Mr. Chairman. The budget resolution also proposes to disinvest in job creation, pretends Republicans were able to repeal the Affordable Care Act--it hasn't been repealed, yet they pretend it has been repealed--to kick 23 million off their coverage and make those with preexisting conditions uninsurable. It guts Medicaid and would end the Medicaid guarantee. Furthermore, it would severely cut programs that reduce poverty and provide the kind of job training proven to get more people back into the workforce. The CHAIR. The time of the gentleman has again expired.
