Ron Kind: “Mr. Speaker, this is serious business today. This is a serious debate. That is why today I seriously oppose the…”

“Mr. Speaker, this is serious business today. This is a serious debate. That is why today I seriously oppose the majority's tax reconciliation bill before us and strongly support the Democratic substitute which I feel is much more fiscally responsible, long-term in outlook at better enables us to pay down our national debt. Mr. Speaker, there are a lot of problems with this tax reconciliation bill, not least of which that this is the single most important act we can do if we are interested in setting up for failure future generations of leadership and our children and grandchildren. The great unspoken truth in this debate is all the focus has been on the next 10 years and projected budget surpluses that may or may not occur, but very little attention has been given to what happens in the second decade with the aging population, the demographic boom, the soon-to-be-retiring baby boom generation. We have serious unfunded liabilities and responsibilities that need to be taken care of. If we want to set up the next generation of leadership and our children for failure, this is the best way of doing it.”