On the recordDecember 8, 2010
Mr. Speaker, I'm bringing a resolution to the floor that I have minimum high regard for, to say the least. America is facing serious problems, the most depressing is that we have the biggest divide between the haves and the have-nots since the Great Depression. Over the last decade, 80 percent of the growth in our economy has gone to the luckiest 10 percent out there. Meanwhile, the economy is sputtering along, and families are hurting. And what has been Washington's response? Apparently, it is to spend nearly $80 billion over the next 2 years to give supersized tax cuts to millionaires and another $24 billion to give families worth $10 million a pass on paying taxes on their good fortune. This occurs at the same time that Washington politicians are singing pious songs about the need for deficit reduction. I hope that the Congress is not too 'offended' to recognize that, yes, we must deal with long-term budget deficits; but if this country is to grow for everybody, we also need to confront our investment deficits in jobs, in education, in infrastructure, and in science and technology.
