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Public Statements

Budget Control Act of 2011

Floor Speech

Location: Washington, DC


Mr. McGOVERN. Mr. Speaker, I yield 1 minute to the gentlewoman from California (Ms. Chu).

Ms. CHU. What's not safe under the Boehner default plan?

Social Security, Medicaid, and Medicare are not safe under the Boehner default plan. In just 7 months, it forces nearly $1.6 trillion in cuts from these programs. They will be unrecognizable.

Jobs are not safe under the Boehner default plan. It will force 2 million Americans to lose their jobs, putting greater strain on struggling families.

Our economy is not safe under the Boehner default plan. This short-term deal could lead to an automatic tax increase for every American with a mortgage, car loan, or credit card. It would leave a cloud of uncertainty. Businesses won't invest and our economy won't grow.

Nothing is safe under the Boehner default plan except tax breaks for Big Oil, companies that ship jobs overseas, and the rich.

We must reject this ideological approach and come together on a balanced solution that will ensure that every American will have a safe and secure future.


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