Burgess Owens: “Mr. Chairman, I am proud to rise today in support of the CBC/Progressive Caucus budget. Finally, Mr. Chairman, we have a…”

“Mr. Chairman, I am proud to rise today in support of the CBC/Progressive Caucus budget. Finally, Mr. Chairman, we have a budget on the floor that is courageous enough to say: It is time for America's corporate welfare kings and bloated military to share in the burdens of balancing the budget. Going after such sacred cows makes sense not only because it is fair, but because it was President Reagan's corporate tax giveaways and military spending that put us in this deficit hole in the first place. Mr. Chairman, our budget is the only budget that tackles the issue of corporate tax entitlement spending. Our budget is the only budget that says, it's time for the Pentagon and military contractors to go on a diet, too. Just like everyone else. The CBC/Progressive Caucus budget reaches balance by the year 2002 without cutting Medicare, Medicaid, education and the environment in order to pay for tax breaks. Our tax breaks come after the budget is balanced. That is the responsible thing to do.”