We are enjoying surpluses in Social Security and Medicare, $165 billion projected next year in surpluses. But by 2017, 2018, that surplus is going to end. The baby boomers are going to retire, and instead of enjoying a big fat surplus, in…
Bobby Scott
The Public Record
Bobby Scott is an American politician serving as the U.S. Representative for Virginia's 3rd congressional district since 1993. A member of the Democratic Party, he has focused on issues such as education, healthcare, and civil rights throughout his tenure in Congress. Scott has been an advocate for expanding access to affordable healthcare and has worked on legislation aimed at improving education and job training programs.
One is you could serve more children if you allow people to discriminate. That is not true. You will serve more people if you put more money into the Head Start program. There are plenty of sponsors who are willing to provide services…
You wonder how you could pay the Social Security challenge that is shown on this chart, because instead of a nice surplus that we have been spending, we are going to have to actually come up with even more money. At the same time, the…
When we spend without paying for it, we run up debt and you have to pay interest on the national debt. This is a family of four's portion of interest on the national debt. It is going up year after year after year. When President Clinton…
We just want to remind people who asked what our plan is, our plan is the green. If we had our ways, we would be running up back into surplus with the stock market high, unemployment low. This is what we would do if we had the choice…
So if we focus all of our tax relief on that, it would not surprise anybody that it would not be broadly based. It would just be aimed at the 1 or 2 percent. So it does not make much sense to complain that if we are trying to give tax…
The suggestion was that we would just pick one tax, the income tax, and only those that paid, there are other taxes that a lot of people do not pay; a lot of people do not pay estate taxes. What portion of the people have estates when they…
Now, we had the previous speaker before our Special Order suggest that it was wrong to give income tax relief for those who do not pay income tax. There are some that have lower income that do not pay income taxes, but I was wondering if…
I was just going to ask the ranking member, since we have run out of the surplus and Social Security, Medicare and other surplus, as you pass a tax cut, how is it funded if it is not under the PAYGO rules?
This chart shows, and we can hardly see, compared to what the millionaires get, we can hardly see the benefit we get if we are in the $50,000 to $75,000 or less range. This chart shows what we would get.
The last speaker just read part of the American College of Obstetricians and Gynecologists' statement. He said that they could identify no circumstances under which the procedure identified above could be the only option to save the life…
This chart shows that the top one percent get half the tax cut that we enacted in 2001. The people in the lower brackets who are more likely to spend the money and stimulate the economy, you can hardly see the lines that they get. The top…
You cannot get to balance through spending cuts. As I indicated, the entire defense budget is about $400 billion. We are 500 billion and counting, slightly offset because we are spending $150 billion on Medicare and Social Security surplus…
You cannot create a chart like this by accident. Eight consecutive years, each year better than the last; under the present administration, each year worse than the last and no help in sight. You do not do that by accident.
We are troubled that the sentence for the crime was reduced to 30 months upon the court's consideration of mitigating facts. Such a reduction for mitigating factors may be appropriate in other circumstances. In other words, Mr. Speaker, we…
In the bill we have the action of a manufacturer who willingly and knowingly violates a State or Federal statute and can be sued. You do not have to have a conviction. You have to have a conviction in this situation. The gentleman from…
The gentleman indicated that deficits reduce the size of government. Is this budget coming in not presented to us larger than the one before? So it does not reduce the size of government. When we cut all these taxes and reduce revenue, we…
After the President's budget was adopted, the economy kept going down and down. And so some of this recalculation is an acknowledgment that the President's budget had caused the economy to tank, and they had to recalculate it based on the…
Does the gentleman know who said the budget deficit is a stealth tax that pushes up interest rates and costs the typical family $36,000 on an average home mortgage, $1,400 on an ordinary student loan and $700 on a car loan?
And we made those tough choices without any Republican help, House or Senate. And does the gentleman remember what they did in the next election? When they demagogued that vote, said we made the tough choices, criticized those choices, and…
Now we turn over a surplus to President Bush and he has made no tough choices. He has cut taxes and increased spending. Have they recommended any tough choices?





