I am pleased to join my colleagues today to address H.R. 2560, the Cut, Cap, and Balance Act. House Republicans are bringing to the floor H.R. 2560, which is another attempt to enact the policies embedded in their budget resolution. However, this act is even more extreme because it mandates that the House and Senate approve a constitutional amendment imposing their political philosophy. While House Democrats have pushed for a balanced approach to minimize the deficit, Republican Members have pushed forward with a plan to end Medicare in order to preserve tax breaks for special interests, Big Oil, and corporations that transport jobs abroad. Throughout the process of negotiations, House Democrats have focused on protecting Medicare, strengthening the middle class, and creating jobs. America's middle class and seniors will suffer the most as the GOP continues to stand in the way of a reasonable, balanced deficit reduction agreement. The national unemployment rate is down to 9.1 percent; however, 8.8 million jobs were lost. So I ask that we reject this bill coming up. ____________________
Donald M. Payne: “I am pleased to join my colleagues today to address H.R. 2560, the Cut, Cap, and Balance Act. House Republicans are…”
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