Press Release | Contact: Kristie Greco (202) 225-6416
WASHINGTON, DC— Rep. DeFazio today delivered a one minute speech on the floor of the House of Representatives about a controversial budget reconciliation proposal offered by the Republican leadership.
"The government is in a fiscal crisis. We’re borrowing $1.2 billion a day to run the government under the Bush budget and the Republican leadership.
"They’ve raised the national debt to $8 trillion in five short years, but now they’re newly born as fiscal conservatives, and they want to cut $50 billion from where?—student loans; the school lunch and breakfast program (those kids are eating too much); foster care; and child support enforcement, to help the dead beat dads.
"They will more than overspend their cuts to those struggling people and those good programs.
"They want $70 billion in tax cuts—$20 billion more added to the sea of red ink that’s drowning America in tax cuts for the wealthy—because "trickle-down" is the highest form of achievement in Washington DC these days.
"They want to bleed struggling Americans to float the yachts of the wealthy on a sea of red ink one more time, while lying about what they are doing."