Tim Ryan: “For a change, instead of giving it to Bill Gates and Warren Buffet, who themselves say they do not want the tax cut.…”

“For a change, instead of giving it to Bill Gates and Warren Buffet, who themselves say they do not want the tax cut. Bill Clinton, who is making millions a year, we do not want the tax cut; make the proper investments. From all the borrowing and spending and borrowing and spending that the Republicans have done, Mr. Speaker, this is the interest on the debt for 2007: $230-some-odd billion. Of the tax money that the American people will send down here, 230 billion of it will go to those countries that Mr. Meek mentioned to pay off the debt service. Meanwhile, education, homeland security, and veteran spending will be reduced here, here, and here. Now, what the Democratic plan is is to make sure that we ask the Warren Buffets of the world to pay their fair share, make the proper investments in the broadband research and development tax credit, and grow the economy so we can reduce this payment, and we can make sure that we properly fund and invest in education, homeland security, and veterans. Now, if you want to just look at what we could do, my friend, if we did not have to pay that interest on the debt, the red bar, what would we be able to do with it? Sixty thousand kids we could enroll in Head Start to make sure that they have health care so they could be healthy, productive, educated citizens. Every single Member of Congress would get $1 million a day for their congressional district, $365 million for you, $365 million for me, $365 million for all 435 Members.…”