On the recordMarch 21, 2013
The most important action we can take to provide for the long term health and prosperity of our nation is getting people back to work, and ensuring that those who are employed, stay employed. This can only be done by enacting a budget that achieves fiscal balance without imperiling economic progress. Unfortunately, the Republican budget fails this most basic principle. It will cost nearly 2 million jobs next year alone, and that's on top of the 750,000 jobs that will be lost due to sequestration this year. In Rhode Island, we have finally started to recover from the Great Recession that began in 2008, and our unemployment rate has dropped below 10 percent for the first time since 2009. For five years, Rhode Islanders have held on by their teeth, and the Republican budget would undermine the important gains we have made. The prosperity of our nation is predicated on a healthy middle class--both parties can at least agree on that. Yet the Republican budget would put our middle class families, the drivers of our economy, further in debt by shifting the burden of paying for tax breaks for the wealthy onto working Americans and their kids. We have seen this budget before. It's the same plan Governor Romney ran and lost on in November; it's the same budget Chairman Ryan brought before us in 2012. It is a budget that works for the most privileged, at the expense of every day Americans.…





