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Saturday, January 29, 2011

postheadericon The GOP's empty budget resolution (Rep. Bill Pascrell, Jr.)

In reaction to a Republican resolution (H. Res. 38) to cut national spending to pre-2008 levels without any specific expenditures targeted, House Budget Committee member U.S. Rep. Bill Pascrell, Jr. (D-NJ) delivered the following statement on the floor of the U.S. House of Representatives.
 
I come to the floor today as someone willing to work toward reforms that will create jobs, strengthen our middle class, and pay down our debt. I am in favor of comprehensive tax reform with lower rates. I am in favor of removing regulations that hurt our competitiveness. And yes, I am ready to make the hard cuts we need to pay down our deficit.
 
I think we can all agree on these principles, if not the exact policies to achieve them.
 
But what we have here today contains no policies or ideas. This is a Budget-less Resolution that calls for a reduction in spending to pre-2008 levels, but provides no specifics.

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