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Public Statements

Providing for Consideration of H.R. 2560, Cut, Cap, and Balance Act of 2011

Floor Speech

Location: Washington, DC


Mr. MARKEY. Americans today are getting an up-close view of Republicans' misguided plans, misplaced priorities, and massive assault on the middle class. It's not, as they call it, "Cap, Cut, and Balance.'' It's really a "Cash Cow for Billionaires.''

The Republicans are pushing Grandma and middle class families overboard while protecting the superrich and the powerful.

Will Republicans protect Grandma's Medicare and Social Security checks? No. Grandma is being pushed overboard.

What about programs that help low-income children visit their doctor? No. They are getting pushed overboard.

What about programs that ensure that veterans benefits are paid on time? No, veterans are being pushed overboard.

But the massive Bush tax cuts for the wealthy, the tax subsidies for Big Oil? They're too precious, the Republicans say. They have to be kept on board. So billionaires will not see their undeserved tax breaks taken away. The oil industry will not see their unjustified tax subsidies, as consumers are tipped upside down at gas stations, taken away from them. No, those subsidies, they have to be kept on board. And, ladies and gentlemen, that's not fair. That's not balanced.

Grandma, kids, veterans, they should not have to contribute to balancing the budget, but billionaires and Big Oil are exempted by the Republicans. This is the face of their party--Big Oil and billionaires. That's who they are protecting.

They have deficit attention disorder. If there were such a thing as a Nobel Prize in economics in reverse, they would be the first winners of it.


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