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Concurrent Resolution on the Budget for Fiscal Year 2014

Floor Speech

By:
Date:
Location: Washington, DC

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Ms. SCHAKOWSKY. Mr. Chairman, the Ryan Republican budget reflects everything that the American people rejected in the last election: asking nothing from the wealthiest Americans and rich corporations that ship our jobs overseas, while turning Medicare into a voucher program and slashing investments that create real jobs.

Inequality is at its highest point since the Great Depression, and yet this budget would make it worse. Here's the top 1 percent. Since 1979, look at how their income has gone up--277.5 percent. This is the bottom 99 percent. You see a little bit of increase, but you see where the money has gone.

Well, households making more than $3.3 million would get an average tax cut of $1.2 million. Those who make less than $22,000 would get $40, and a third of them would get no tax cut at all. Meanwhile, critical support programs for seniors and the poor would be cut, including drastic cuts to Medicaid and the food stamp program.

I urge my colleagues to oppose the Ryan Republican budget. It's pure March madness, and not in a good way.

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