OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Cut, Cap, and Balance Act of 2011

Date: July 19, 2011
Location: Washington, DC
Issues: Government Budget and Spending

BREAK IN TRANSCRIPT

Mr. HOLT. Mr. Speaker, this bill has a slogan for a title and unrealistic nonsense inside. Under this, millions of students would not get Pell Grants, and education and related programs would be cut by about 25 percent.

And further, for the third time, yes, the third time, the majority is voting today to end Medicare and double health care costs for seniors. We shouldn't be surprised that the majority is squeezing out Medicare. They never liked it in the first place.

We shouldn't be surprised that they are reducing education grants. They promised they would.

We shouldn't be surprised that they want to preserve subsidies and giveaways to Big Oil and other fat cats because that's been their raison d'etre for a century.

We should be surprised, or at least disappointed, that they want to sacrifice America's credit rating and good name. We should be disappointed too that they won't allow Congress to get on with the work, the hard work, the important work of actually making jobs.

BREAK IN TRANSCRIPT


Source
arrow_upward