On the recordApril 6, 2011
Budgets are not simply about dollars and cents. They are about values and priorities. And the debate over spending has revealed Republican priorities, in my opinion, in the worst possible light. First, Republicans passed a spending plan for the remainder of the fiscal year that would cripple America's ability to out-innovate, out- educate, and out-build its competitors. That spending plan would cut billions in medical and energy research, cut out support for 20,000 research scientists, kick 200,000 children out of Head Start, put college out of reach for millions of middle class students, and end vital infrastructure projects in 40 States, infrastructure projects which provide American jobs. A consensus of nonpartisan economists has found that the plan will cost us hundreds of thousands of jobs. And Mark Zandi, Moody's Analytics chief economist and an adviser to Senator McCain's Presidential campaign, said that it would cost almost 700,000 jobs. In addition to these skewed priorities, Republicans are insisting that any bill, any bill to keep the government open must also include controversial social policy provisions that have little, if anything, to do with the deficit, even though their own Pledge to America promised to ``end the practice of packaging unpopular bills with 'must- pass' legislation,'' bills that should pass on their merits, not as related to some extraneous issue.…





