Steny Hoyer: “In fact, it adds $10 trillion, and then some magical formula that's somewhere out there, like waste, fraud, and abuse…”

“In fact, it adds $10 trillion, and then some magical formula that's somewhere out there, like waste, fraud, and abuse, we're going to find the money to pay for the $10 trillion in tax cuts. That's by the extension of the Bush tax cuts and the 35 to 25. Some magical way, we're going to eliminate preference items. It doesn't say which ones. It doesn't say who's going to pay the bill. Ladies and gentlemen, we can do better. The parts in this body are very good on both sides of the aisle--good intellect, good instincts, and a love for this country. We can do better. Let's reject this budget. Let's do some real work. Let's come together and put this country on a fiscally sustainable path without harming our people.”