Bill Lee: “I want to thank the gentleman for yielding. Also I want to thank him for his tremendous leadership in continuing to…”

“I want to thank the gentleman for yielding. Also I want to thank him for his tremendous leadership in continuing to craft the Congressional Black Caucus' budget which really does reflect our Nation's priorities and our values, so I rise in strong support of this budget. As a member of the Budget and the Appropriations Committees and as chair of our Task Force on Poverty, Income Inequality, and Opportunity, I am really proud that the Congressional Black Caucus budget includes $300 billion in investments into initiatives that have proven to lift millions out of poverty. For example, it restores the cuts to the Supplemental Nutrition Assistance Program, it extends emergency unemployment insurance, it expands access to affordable housing, and it also increases funding for job training and trade assistance programs. The CBC budget creates a fair Tax Code that provides investments in communities. It boosts GDP by $329 billion and helps create 2 million jobs. This budget addresses poverty head on by investing $120 billion in creating jobs, $25 billion to restore our Nation's public housing, and $80 billion to modernize our schools. Also, our budget employs the 10-20-30 formula championed by our assistant leader, the gentleman from South Carolina (Mr. Clyburn), by directing at least 10 percent of Federal spending into areas with poverty rates of more than 20 percent over the last 30 years.…”