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Public Statements

We Need to Compromise

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. BACA. Mr. Speaker, 2 years ago, the Republicans in Congress campaigned on, Where are the jobs? Not spending cuts or living within our means, but where are the jobs. The Blue Dogs were the ones calling for responsible fiscal responsibility.

Then at the end of Congress last year, President Obama compromised with the Republicans, extended the Bush tax cuts in order to try to create jobs. This gamble did not create jobs. All it's done is extended the tax breaks for millionaires and billionaires.

We cannot play chicken and cause our Nation to default. We must lower the deficit with cuts to wasteful spending. But we can't balance the budget on the backs of seniors, the poor, by cutting Social Security and Medicare while continuing to give tax breaks to the ultra-rich and oil companies and those who make over $250,000 a year.

No taxes, no jobs. We must compromise. It can't be ``my way or the highway.''

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