On the recordApril 10, 2018
Yesterday, the nonpartisan Congressional Budget Office, the CBO, released a report highlighting the fact that the budget deficit will pass $1 trillion within 2 years, thanks in large part to the massive tax cuts granted to the wealthiest Americans in the recently adopted Republican tax plan. $1 trillion. This tax plan is projected to itself add close to $2 trillion to the deficit over a decade. This reckless plan jeopardizes our economic recovery by taking away the ability for us to invest in those elements of our communities and society that will grow the economy. The very thought that we have a massive deficit in our public infrastructure, and that is nowhere on the table in the House, roads and bridges crumbling, water systems, like the water system of my hometown of Flint, failing, and continuing to pass on massive debt to our children and grandchildren is irresponsible and it ought to be reversed. ____________________
Source
govinfo.gov




