Frank Pallone: “I want to follow up on what my friend from Massachusetts said when he was talking about the cuts in H.R. 1 to research…”

“I want to follow up on what my friend from Massachusetts said when he was talking about the cuts in H.R. 1 to research and development. We find in New Jersey, which is the third-largest State in the country for health care research and development, that every time the Federal Government spends a dollar, it creates five or six or seven private sector jobs. See, that's the problem here. The Republicans are not focusing on the issue, which is job creation. The problem with their continuing resolution--the long-term one that they adopted and they say that we should just pass in the Senate and send to the President--is that it actually destroys jobs. If you listen to the things that are actually being cut, these are the things that deal with investments in the future. R&D, research and development, infrastructure that allows commerce and allows us to fix our roads and provide for mass transit and fix our ports. The gentleman from Massachusetts mentioned Peter King from New York, who actually criticized H.R. 1 because he said that it really hurts port security. Well, how are we going to trade? How are we going to export products if we don't deepen our ports, if we don't provide for safe ports? And the same thing is true with education. H.R. 1 basically cuts back on education, on Pell Grants for students to go to college. All the investments that make sense because they actually create jobs are going to be eliminated with H.R. 1, with this Republican resolution.”