Steny Hoyer: “there is so much chicanery in this Republican budget resolution that it would make even an Enron auditor blush. Our…”

“there is so much chicanery in this Republican budget resolution that it would make even an Enron auditor blush. Our Republican friends are not happy with the estimates produced by the Congressional Budget Office. They say, we will just write a budget using the administration's far rosier estimates. Did not House Republicans demand 7 years ago that the Clinton administration use CBO estimates? My, what a difference. Nor is the GOP happy with what the 10-year budget projection would reveal: A stunning loss of $5 trillion in projected surpluses, largely due to last year's tax cut. No problem, we will just write a budget with a 5-year projection. It just disappears like magic. Everyone in this Chamber knows that the shorter projection is an attempt to conceal the cost of making last year's tax cuts permanent, an estimated $569 billion. This resolution includes one purposeful evasion after another. But there is one thing our Republican friends cannot hide: The fact that their budget will raid the Social Security and Medicare trust funds every year for the next 10 years, for a total of $2 trillion.”