Mr. President, I rise today in opposition to the budget resolution offered by my colleagues on the other side of the aisle. This budget charts the wrong path for our Nation. It does not spur economic growth or help the middle class because it does not focus on creating high-quality jobs, boosting wages, or reducing inequality. It fails to address the cuts to government investments, which threatens our Nation's economic and national security. Instead, this budget stacks the deck against middle-class families by slashing government investments. It stacks the deck in favor of special interests by paving the way for huge tax giveaways to powerful special interests and the wealthiest Americans. In order to claim the budget will balance in 10 years, it relies on accounting gimmicks and $5.8 trillion in draconian cuts. It kicks millions off the health insurance rolls and dismantles health care reform. But, ironically, it takes credit for the savings that are part and parcel of the Affordable Care Act, all the while setting the stage for massive tax cuts for millionaires and billionaires. It would also put powerful special interests ahead of seniors by forcing Medicare recipients to pay more for prescription drugs and preventive care. It does not provide adequate safeguards for Social Security and Medicare. By saying no to closing egregious tax loopholes, it only increases the pressure to cut programs for seniors and others.…
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