Support of the Congressional Black Caucus Alternative Budget for Fiscal Year 2014by Representative Eddie Bernice Johnson
Posted on 2013-03-18
in the house of representatives
Monday, March 18, 2013
Ms. EDDIE BERNICE JOHNSON of Texas. Mr. Speaker, I rise today in
support of the Congressional Black Caucus Alternative Budget for Fiscal
Year 2014. As we debate the various budget proposals this week, the CBC
has developed a budget that will reduce the deficit, continue to foster
growth in our economy, and strengthen our Nation's safety net.
The CBC's budget would raise $1 trillion in new revenue and avoid the drastic sequestration cuts that took effect March 1. In addition to raising new revenue, our budget protects and strengthens critical domestic programs: Social Security, Medicare, Medicaid, and SNAP. These are critical programs that the American people depend upon, and are slashed beyond recognition in the Ryan budget.
In addition, a key factor in creating jobs is the continued investment in our Nation's infrastructure. The CBC's budget invests in rebuilding our crumbling infrastructure, as well as in transit and workforce development programs. These investments are crucial to bolstering our economy and protecting working families.
These priorities stand in stark contrast to those in the Ryan Budget. The Ryan Budget fails to replace the drastic spending cuts, cuts which would cost 750,000 jobs a year. The Republican budget also transfers the burden of the discretionary sequester to non-defense programs, further gutting the funding needed to pursue innovation and research, and to staff our country's air traffic controllers and food safety inspectors. By slashing these critical investments, we jeopardize domestic economic growth and the wellbeing of American families.
Mr. Speaker, the American people spoke loudly in November concerning the fiscal policies we should pursue. The American people rejected the Ryan Budget, and the misplaced priorities of the GOP.