On the recordMarch 22, 2013
as I have said many times, this budget asks the wealthiest Americans and our biggest corporations to pay just a little bit more, both to get our fiscal house in order and to make critical investments that will help drive broad-based economic growth. Economists across the political spectrum will tell you that raising revenues from those who can afford it most will not hurt our economy. In fact, our experience during the 1990s proves that fact. In fact, raising revenues by closing loopholes and cutting inefficient spending in the Tax Code for the wealthiest Americans, as our budget proposes, actually stands to boost the economy by removing tax breaks that distort the allocation of capital. This amendment that is being offered would effectively end the privileged status of a balanced and fair budget plan, such as this one, that calls on the wealthiest Americans to pay their fair share in order to address our deficits and get our economy going again. I strongly encourage my colleagues to oppose this amendment, and I ask for the yeas and nays. The ACTING PRESIDENT pro tempore. Is there a sufficient second? There appears to be a sufficient second. The question is on agreeing to the amendment The clerk will call the roll. The assistant legislative clerk called the roll.
