PETER DeFAZIO | |||
Fourth District, Oregon | |||
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| Floor Statement: November 04, 2005 REPUBLICAN BUDGET PRIORITIES Press Release | Contact: Kristie Greco (202) 225-6416 WASHINGTON, DCIn a statement delivered on the floor of the House of Representatives today, U.S. Rep. Peter DeFazio discussed the need to address the growing federal debt and reorder budget priorities.
Now, what spending are they targeting? Is it the big wasteful spending? No. It is duplicative programs like school lunch and breakfast. I guess those kids are taking two meals. Or student loans. I guess those kids are taking a double load of classes and paying too much. So they will cut $50 billion, and the next week they are going to cut taxes for those who earn over $300,000 a year by $70 billion. Now, in their world, even though that is a $20 billion increase in the real deficit, they say, no, that is not an increase in the deficit, because those rich people, why, they are just going to trickle down on the rest of America. They are going to put the rest of us to work, and they are going to increase productivity, and some day that will increase Federal revenues because working people pay taxes, not rich people, in their world. This is a bizarre turn of events here in Washington, D.C., and their cuts and their tax cuts should be rejected. | |||||
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