On the recordMarch 28, 2012
I yield myself the balance of my time. Mr. Chairman, I hear my good friend from Maryland. I understand he thinks it's a charade. I got the same press release that he got from the White House. They called it a gimmick, he calls it a charade. And they go on to talk about how they lack any details. I've got the same stack that my colleague from Maryland has. I have the President's budget here. But we also have what we used to formulate the amendment, which is the analysis of the President's 2013 budget from the Congressional Budget Office. In there, if you take the time to review it, you'll find a summary of the way the President treats the 2001 2003 tax reductions, the alternative minimum tax, limiting deductions and exclusions, modifying estate and gift taxes, other revenue proposals, more tax provisions, OCO, the automatic procedures in the Budget Control Act, the President's cap on deductions and exclusions, deals with initiatives that will widen the deficit, transportation, Medicare, Medicaid, the Build America Bonds Program. The President's budget does not include reductions, and increases mandatory outlays. It goes on to talk about overseas contingency, disaster relief, $2 billion for a program, integrity initiatives. The details are here. The details are here. Let's make no mistake about what we're voting on. This is the President's budget.…





