On the recordApril 24, 2013
I thank the gentleman from the Silver State for those very astute observations. As Representative Horsford has pointed out, a budget essentially is a choice and a pathway forward that people in this Chamber are making decisions on based on what they see as best for America. And the Republican budget that was passed by this House, as Representative Horsford has indicated, in total would cut $168 billion in spending on higher education. That's a value choice, to walk away from young people in America, young people who already are being saddled with in excess of $1 trillion in debt in total. Now, what else does that budget do? Well, it says that we're going to take the top tax rate, which is 39.6 for millionaires and billionaires, the wealthiest and the well off, and we want to slash that tax rate down to 25 percent. So we're going to cut education spending for, among other reasons, to cut further the taxes paid by the wealthy and the well off in this country. That is a choice that is bad for America. It's bad for the middle class. It's bad for working families, and it's bad for our future. We have been joined by the distinguished gentleman from Virginia, an expert in all matters pertaining to the budget in this Congress, among other things. Representative Bobby Scott is an expert on the CBC budget, in the budgets that have come out of this House of Representatives, and it is my honor and privilege to now yield to him.





