2 months ago, Republican Members of this House joined me and almost 70 other Democrats in supporting the balanced budget amendment to the Constitution. We came together out of a shared belief that we can't continue to saddle the American people with a national debt that saps our productive capacity, hinders job growth, and causes so much of our wealth to be used just to service the national debt. We heard a lot during that debate about our responsibility to future generations, about the need for fiscal discipline, an about the need to make tough choices. Well, what happened? Here we are in April, and the leadership's idea of fiscal discipline is a 5-year, $188 billion tax cut. Mr. Speaker, this tax cut is not the kind of tough choice that this deficit cries out for. It is not disciplined. And it is plain bad economics. Make no mistake: with this poorly times tax cut, the House is ready to repeat age-old Washington mistake of borrowing from our children to pay for what is popular right now. I urge my colleagues to reject this costly and fiscally irresponsible proposal.
Editor's note · Context
Opposing a proposed tax cut during a discussion on fiscal responsibility and the national debt.
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