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Public Statements

Tax Cuts to the Wealthiest

Floor Speech

Location: Washington, DC

Mr. PALLONE. Mr. Speaker, I rise today to address the Sportsmen's Heritage Act of 2012 and its provision to deem the reconciliation of the Republican budget. In fact, it was the Republican leadership that stood right here on the House floor and emphatically claimed that they were committed to not using deeming resolutions when they were in the majority. But here we are today, and that's exactly what they're doing.

I guess it's not terribly surprising that they would break their commitments, especially when we consider the budget that they've presented. The GOP budget breaks many of the basic commitments that Congress has to all Americans. The Republican budget is an all-out assault on Medicare and the middle class. Instead of a budget that protects the middle class, the Republican budget creates tax cuts and giveaways to millionaires and the super-rich, providing income tax cuts for millionaires averaging at least $187,000 in 2014.

How do the Republicans propose that they'll pay for these savings to the wealthiest Americans and the big corporations? Well, they end Medicare as we know it, and they balance their budget on the backs of seniors and the middle class.

It's really outrageous what they're doing, Mr. Speaker. I just want to call them to task for saying they were committed to not doing the deeming, and now doing it.

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