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Mr. ROSS. Mr. Speaker, this evening we are here to consider a bill
known as the Deficit Reduction Act. And only here in a Republican-led Congress
could something be called a deficit reduction act that adds $20 billion
in new debt to this Nation's budget. Not only does it add $20 billion in
new debt, but it also has nothing to do with paying for disaster relief.
It is about cutting programs that matter to our children, our working families
and our seniors to the tune of $50 billion. It is about approving $70 billion
in new tax cuts. I was not real good in math back in high school, but I
think anybody can figure that one out. $50 billion in cuts, $70 billion
in new tax cuts equals $20 billion in new debt. And what is being cut?
Student aid, $14.3 billion. As the father of a 17-year-old that is approaching
college, like so many parents across this country, I am concerned about
being able to pay for my child's college education. Parents all over this
country tonight are concerned that the Republican leadership are proposing
$14 billion in cuts for their children's college education. Medicaid, the
health insurance program for the poor, the disabled, the elderly being
cut by $11.4 billion.
Mr. Speaker, let me tell you about my America. In Arkansas, half the
children are on Medicaid. In Arkansas, 8 out of every 10 seniors in nursing
homes are on Medicaid. In Arkansas, one out of every five people are on
Medicaid, and this Republican-led Congress, tonight, plans to cut Medicaid
$11.4 billion. And if that is not enough, they are going to cut agriculture
programs $3 billion. My farm families back home in East Arkansas cannot
afford these kind of cuts as they simply try to do what they do best, and
that is provide a safe and reliable source of food and fiber for America's
families.
You know, as this debate unfolded tonight, as I was sitting here, I
could not help but think about Matthew, chapter 25, verse 40. ``I tell
you the truth. Whatever you did for one of the least of these brothers
of mine, you did for me.'' That is what I learned growing up in a little
country church just outside of Hope, Arkansas, Midway United Methodist
Church.
Eight trillion dollars is the Nation's debt under this Republican-led
Congress, the largest deficit ever in our Nation's history for a fifth
year in a row. In fact, this Republican President and this Republican Congress
has borrowed more money from foreign investors and foreign banks in less
than 5 years than the previous 42 presidents combined. It is hard now to
believe that we had a balanced budget from 1998 to 2001. Contrast that
to today, when we are borrowing $907 million a day, sending $188 million
a day to Iraq, $33 million a day to Afghanistan. This plan does not reflect
America's values. This plan does not reflect my values. Vote no on this
and vote yes to the Blue Dog 12-point plan which none of these Members
are cosponsoring. |
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