On the recordJuly 27, 2022
I have heard, time and again, my Republican colleagues and a number of Democrats voice their serious concern about the deficit and our national debt. We are told that because of the deficit that at a time when we have the highest rate of childhood poverty of almost any major country on Earth, we cannot extend the child tax credit to help working parents and substantially reduce childhood poverty. At a time when over 600,000 Americans are homeless and some 18 million families are spending half of their incomes on the high cost of housing, we are told over and over again that because of the deficit we cannot build the low-income, affordable housing we desperately need. At a time when millions of senior citizens in this country desperately need help to go to a dentist because their teeth are rotting in their mouths, they can't afford hearing aids, they can't afford eyeglasses, we are told that we cannot afford to expand Medicare because of the deficit. At a time when the average family in this country is spending $15,000 a year on childcare--an unimaginable amount of money for a working family--we are told that we cannot reform a dysfunctional childcare system because of the deficit. At a time when some 70 million Americans are uninsured or underinsured, we are told that we cannot guarantee healthcare to all Americans as a human right--like virtually every other major country does--because of the deficit.…
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