No Budget, No Pay Act of 2013by Representative Xavier Becerra
Posted on 2013-01-23
BECERRA. If you buy a house, you pay your mortgage--well, at
least under this bill, for 3 or 4 months. If you want your kids to go
to college, you take out student loans, and you'll tell the bank, well,
you'll pay for 3 or 4 months, and then we can talk again. If you want
to buy a car, you go in and tell the dealer, Love that beautiful new
car. You take out a loan. You pay for 3 or 4 months, and then you tell
the dealer, Let's talk in about 3 or 4 months about what we do with the
rest of the debt.
This simply creates more uncertainty, another fiscal cliff and yet another economic case of sabotage against the American public. The party that voted for tax cuts for the wealthy, two wars, and a massive new prescription drug benefit program and that put all of the costs of that on a credit card doesn't believe it's important now to honor those obligations of paying those bills and maintaining the full faith and credit of the United States of America. Now, with this new Congress, we have a chance for a fresh start--an opportunity to find common ground, not more conflict. Instead, our Republican colleagues are threatening three strikes against the middle class, against small businesses and the U.S. economy--the U.S. default, a government shutdown, and sequestration.
Let's start talking about what really matters to Americans, the biggest deficit we face--a jobs deficit. Let's get to work putting Americans back to work. Let's be problem solvers, not problem makers. It's time to get America moving again.
Mr. CAMP. Mr. Speaker, I yield 1 minute to a distinguished member of the Ways and Means Committee, the gentleman from Indiana (Mr. Young).