The question that will be before the ladies and gentlemen of the House on this rules package is: Do you want to honor the commitment to reduce the deficit or abandon it? The rules plan permits an abandonment of the promise to reduce the deficit because it ignores the fiscal consequences of the repeal of the health care bill, which the Congressional Budget Office has said will reduce the deficit by more than a trillion dollars over the next 20 years, and it ignores the fiscal consequences of permanently extending the tax cuts of 2001 and 2003 for the wealthiest Americans. This is not a question of liberal or conservative, Republicans or Democrat. It's a question of honoring a promise or abandoning it. To those who wish to honor the promise of deficit reduction, the right vote on this rules package is 'no.'
Editor's note · Context
The speaker addresses the implications of a rules package on deficit reduction.
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