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Brian H.
Democrat NY 26

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  • The Republican Budget

    by Representative Brian Higgins

    Posted on 2013-03-14

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    HIGGINS asked and was given permission to address the House for 1 minute.) Mr. HIGGINS. Mr. Speaker, the Republican budget released earlier this week will move us in the wrong direction. It promises us growth through austerity, cutting $943 billion in discretionary spending, but history has proven that it just won't work.

    Time and again, we see when an economy is recovering from a recession and it embraces austerity, the economy tumbles. That's what happened in Europe over the past 2 years, that's what happened in Japan in the 1990s, and that's what happened in this country in 1937. We must learn from this lesson.

    In fact, experts say that the Republican budget will result in 2 million fewer American jobs and will decrease economic growth by 1.7 percent.

    Mr. Speaker, what we have to do is invest in our economy, nation- build here at home in America and in Americans. This is a vehicle for growth. We should not be cutting those kinds of investments.

    Austerity is shortsighted, and we should reject it.


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