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Republicans Are Not Addressing the Deficit

Location: Washington, DC

REPUBLICANS ARE NOT ADDRESSING THE DEFICIT -- (House of Representatives - November 04, 2005)

(Mr. PALLONE asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)

Mr. PALLONE. Mr. Speaker, House Republicans tout their budget bill as fiscally responsible, but the American people should not be deceived. It is nothing more than another attempt to cut taxes for the wealthiest few on the backs of America's college students and America's Medicaid and food stamp recipients.

The cuts House Republicans will attempt to bring to the House floor next week are nothing but cruel. It has only been 2 months, and Republicans have already forgotten about the poverty stricken people affected by Hurricane Katrina.

While Republicans cut $50 billion in Federal programs, they also give $70 billion in tax cuts to the wealthiest few. That means the Republican budget bill will increase the deficit by $20 billion. Again, increase the deficit. And Republicans call themselves fiscally responsible? Well, the American people will be watching next week, and they will not be deceived.

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