What are we doing? The bill before us today, which would extend the expiring payroll holiday for 10 more months, exemplifies all that is wrong with Washington. No wonder the American peoples' faith in Congress is at an all-time low. First, the agreement steals $93 billion from the Social Security Trust Fund to pay for a 10- month extension of a temporary program that was supposed to expire two months ago. Second, there is no offset for this new spending. It adds $93 billion to the deficit this year--money we will have to borrow from countries like China, which is spying on us, taking our jobs and has terrible record on human rights. Third, this bill only asks for sacrifice from a small number of Americans--federal employees and postal workers--to pay for the unemployment insurance extension and the Medicare ``doc fix.'' Fourth, this ``holiday'' has proven to have little impact on economic growth and job creation, while significantly growing our deficit. Finally, the House Appropriations Committee led efforts to cut $95 billion in spending in the 2011 and 2012 fiscal year appropriations bills. This bill undoes all of the discretionary spending cuts achieved by the House in one fell swoop. As chairman of the Commerce-Justice-Science Appropriations subcommittee, I have cut $11 billion from the budgets of the Commerce and Justice departments since Republicans reclaimed the majority.…
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