Sheila Jackson Lee: “As a member of the Budget Committee, I find the CBC budget to be a principled and thoughtful budget. It ends the threat…”

“As a member of the Budget Committee, I find the CBC budget to be a principled and thoughtful budget. It ends the threat of sequestration, it will accelerate our economic recovery, it will help eradicate poverty in America, and it will reduce the deficit by approximately $2.72 trillion over 10 years. On the other hand, the tax cut that our Republican friends are proposing will cause a deficit by giving a whopping $2.4-plus trillion in tax cuts, most to the top 1 percent of the American people. It will not help the young child as he grows to seek opportunities and jobs. This will be a bill that is at a price that is not right. If you work hard, you get less. Our budget, on the other hand, gives $665 billion in immediate investments to rebuild our Nation's crumbling infrastructure. It is crumbling even more so after the devastating hurricanes. It gives $120 billion to fund a national direct job creation program and full employment trust fund program. The Acting CHAIR. The time of the gentlewoman has expired.”