the budget the President unveiled this week takes from the poor, gives to the rich, and leaves all of us in a worse fiscal mess. At a time of war, when our soldiers are risking their lives halfway across the world, where is the call for shared sacrifice? Do millionaires deserve $50 billion in tax cuts, paid for by reducing services for the lowest-income families? Can we afford to extend tax breaks for the wealthiest 1 percent when our fiscal obligations include spending over $1 billion a week in Iraq, the rebuilding of the gulf coast, and protecting the homeland from terrorist threats? Instead of responsibly budgeting for these costs, we are in a fiscal free-fall, giving breaks to those who need it the least while slapping away the hands of those who need help the most. This administration is the most fiscally irresponsible in U.S. history, responsible for the four largest annual deficits ever. We have gone from a projected 10-year surplus of $5.6 trillion in 2001 to a projected deficit of $3.3 trillion, a reversal of $9 trillion. Mr. Speaker, this budget lacks compassion, is fiscally irresponsible, and does not reflect the priorities of this great Nation. ____________________
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