tv [untitled] March 27, 2012 8:30pm-9:00pm EDT
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it. and what did he say? he was asked, is this like shooting yourself in the foot? and he said, no, this is like shooting yourself in the head. and i think that was probably a pretty apt summary of what this would do. we're dealing with sequestration through a reconciliation and a reasonable process of trying to recover those savings we know we need to take. i want to call people's attention to the though, the sense that you can fix tget cutting defense just doesn't workly. you could cut defense to zero, cut defense to zero and a whole lot of other discretionary spending and you can't begin to t money outbudget this year. of defense. if you do, you're going to pay a whale p having to go to war. a price in the lives of my sons and your sons and daughters.
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so this is a pretty serious thing, but we're taking care of that. you can't fix the ple we're going to leave defense where it is. we're going to deal with sequestration. and even so, the world is a dangerous place. it's dangerous in the mit's dan. it's dangerous around korea. people who sit in classified briefings continue to hear that well internationally. and for us to be unprepared at this time would be each of us not doing our job and protecting oufamilies. this budget doethat. it's the best way we can go. i yield back. >> i thank the gentleman. i ask the chairman may i have another minute and a half, two minutes? >> yield the gentleman two chairman. i'd like to close with mr. young of indiana who's worn the uniforofagain, has putha h's wa.
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>> i'd just add to what my colleagues said. any proposed cuts military budget ought to be at emphasis wind the budget committee. and i have to say,heard from tha clear, coherent, and strategic analysis that would justify the sort of cuts we see in the president's budget. wld , the president's budgetou defici reduction. all the other government agencies here at the federal ne increases during this challenging time. but it is defense that the president has indicated he wants to see bear all the cuts. our federal government's highest io to secure the common defense of the aic and we need to make sure we're
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preser hedged against future threats. we have recognized that the world hasn't gotten any safer in recent years in o in contrast, the president's budget, he ance budget figures for defense and other areas at the same time h w for our defense posture. the timing is uncanny. it seems to budgetary exercise, not a strategy-driven exercise. i would just say,hinko this is a where the federal government can make some the quarterly, every four year quad ren yell defensethink that robust document that should ultimately drive our defense spending. in the absence of an administration that is prepared to lay out a morenspolicy i thi taken a very responsible defense approach in this budget. i yield back. >> thank you. at thime t mr. garrett for
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getting spending under control and putting the budget on the >> i thank the chairman and i will yield myself two so thank you, mr. chairman. sointroducing a budget that fac i think real spending di freedom, protects the future of our nation programs, and makes america competitive again through polie. to say that president obama and the senate democrats have failed to lead on the most predictable economic crisis in our nation's understatement. enrader in this country is on the hook for about 0,00of national debt. yet president obama and national democrats continue to overspend. senate democrats haven't been able to be in the debate at all. they've failed to pass a budget for over 1,000 days. the president's most recent attempt at a budget came a week
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late and added trillions of dollars more to our national debt. every family in this country understands the necessity of a balanced budget. every business does as well. families understand setting your budget, especially in hard times, requires difficult choices. but people across the country make those hard choicesnow they to the future. they don't have the luxury of waiting for the next election cycle. neither does washington any mo deserve better. they're constantly asking their leaders in washington, when will you stop borrowing our money from our kids? president obama's answer is never. he would like you to believe the problems are not that bad. he would like you to believe we can solve this problem by taxing billionaires more. the people of this country, they know better. republicans here know better. actually paying for all the spending president obama demands would actually mean huge tax increases on hard-working american families today. even with and massive tax increases the president's budget never
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balances. when i asked this question to the omb director he could never give me a specific answer. he could never tell me when the president's budget balances because it never does. the president's budget continues to take money aw our kids for perpetuity. this is a void in leadership that has substantial consequences for all americans and that is why we as republicans attempt to fill that void as republicans, we will lead. and with that i yield two minutes. >> i thank my colleague for those comments and i'd like to follow up on them by saying, we've had the respect to tell the american people through this budget the truth. we are in a serious fiscal crisis. and as we'll talk about all day today, all night tonight, all year last year, we'll continue telling people the truth. you know, the old adage was, never touch that third rail of
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politics. never talk about medicare. never talk about social security or medicaid. touch it and you will die. well, we've been touching it. for a year now. we'll continue to do it. because we have that respect for the american people. what i think a lot of people around this town forget is that every one of those constituents who may rely on these programs, they forget that these constituents also of that grandchildren. the children of tomorrow. washington.for them? but this budget speaks forit pu now. this budget speaks for the this country's best asset, our posterity. i yield angford for two minutes. >> thank you. thanks to all of us. this will be a long day for all of us. and i hope we can have a great
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dialogue in it. last weekend, quick story. last weekend, 15-year-old daughter to the church down the street from us and put her behind the wheel of terrifying moment for any parent. and we started driving around a parking lot that has no light poles in it and talking about an turning and backing up and going through that process. because i'm her dad. and i don't want her to have a wreck in the days to come. and she'll have driver's ed and someone else will walk through all that on the big streets. but i wanted to get started on so b. it's something we've all done. it's the same dynamic for us in looking at our budget in some ways. we know we have a debt crisis coming. we know interest rates br to skyrocket. we know all these things are coming. we can either say, somebody else somewhere this, or we're going to take responsibility. er belief is we're
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all representatives in l districts. we have different philosophies, different approaches about the take on the problem. but we cannot just sit back and do of our great frustration with the senate, that for three years now just won't do a budget at all. it's part of our frustration with the president's budget the that if we'll just tax people more, we can get out of this. when we look at it and it never gets to balance. as frustration when secretary geithner was here and i asked him, is balancing a bad thing? and he obfuscated around that question and said, we've got to get started agree. we do have to start. we cannot spending. we cannot cut things off. these are families and people and lives that are involved in this. but to just sit back andwe know is great, ignores the reality of what is coming. so as leaders, i'm challenging
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all of us to come atialogue on this, and let's work through the process. because something absolutely has to be done. and with that i yield back. >> thank the gentleman. i want to thank the chairman a work on this particular product, the strong willingness to collaborate. on february 16th, 2cee of treas this administration's fiscaldget and he said this comment. we're not coming before you to say we have a definitive solution to that long-term budget policemen. what we do know that is we don't like yours. well, today, i don't believe anyone on the republican side i resolution is the exclusive solution to the debt crisis. but as i've said in the past, that the american people deserve an honest debate. as it has been many hearings held in this committee, there is nearly
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unanimous agreement to the size, the scope, and the immediate problem te country faces with o problem. we know the crisis is coming and it will be sudden. this administration, members of th o c the aisle know we rank just behind the countries like ireland, italy and greece in our country's debt to gdp ratio. we all understand without true entitlement reform the growth of new retirees will place unsustainable burden on our country. there is a legal term known as willful negligence in the area of torts. this is the conscious and voluntary act that shows reckless disregard for the consequences that they have, that we have as legal duty to prevent. while this is only one vision, it still presents a solution to avoid the consequences that we all know to exist. i believe and i swore an oath to defend this country, just as secretary panetta said before this committee that the greatest threat to this country is our debt. for us to do nothing that is
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worthwhile is worse than gross negligence. it is a violation of the oath we all took to serve. i look forward to passing this budget and getting this country back on a path to >> i thank my colleague. for the last year in this committee we've heard from all manner of different experts. government officials, you name it. with few exceptions there's been a recurring theme. we've heard time and again that a credible, specific plan is needed to avoid fiscal catastrophe in this country. like last year, us a semblance plan, but it is vague and unfortunately man areas. it's a document that many in his own party cannot support.far, m and colleagues on the other side of the aisle have not produced their own plan to get our nation back into fiscal balance and to restore economic growth in this i look forward to seeing that
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plan. i do understand some details may be forthcoming. i hope we have in there a plan to save medicare from is ts bud. the path to prosperity. it's a credible, specific plan. the budget gets our spending conditions to let the private sector begin growing again, and it puts our country path to fiscal balance so it can begin to pay off this oppressive now, because of time limitations i won't go through all the numbers. but sufficein to cbo, our neutral referee, it reaches balance in the years ahead. it producesedebt. some on this committee may not hike this budget but they cannot deny it clears the bar. it is a credible, plan. we weren't sent here by our constituents because they thought we had all the answers. but they wanted us to be p and that means embracing and arguing for specific ticulating
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solutions to our nation's challenges. i challenge others to adopt that approach, and i comment approach to your attention and support. thank you. >> yield to mr. g. >> just to say this. the american public is looking now for truth. the american public is looking to us for choices. finally lead to prevent this oncoming train and i want to thank you for your leadership in trying to avoid that train wreck. our time of closing to thank my friend mr. garrett, my fellow colleagues on this committee. we have a choice to make. we see this coming. we know a debt crisis is on our horizon. look no further than europe to see what it looks like when that happens. my daughter eliza is 10.
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my son charlie is 8. my son sam is 7. what the congressional budget office is by the time they're in their mid to late 20s, coming out of school, hopefullyin starting a life for themselves, that's when the cbo tells us the economy crashes. their a way in which the economy can continue past that point debt. this is what they're telling us right now. if i had a dollar for every political consultant that these programs, don't touch medicare, medicaid, all of these things, because the other party, they're going to run negative ads against you and you mht le your election, i people, we could probably retire the national debt.o keep acting like politicians. this country needs leaders.
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and what leaders do is they seey know what it's going to do to their country and their chdr they break the political grid anal wisdom and put forward ideas and plans to stop tying to do is to preempt bitter austerity. by putting a plan like this in perfect. it's the result of consensus. it's the result of coming together and compromiher get u right path. what we're trying to do is stop a debt crisis from happening in this country and do it terms.ar people 55 and above in this plan. we're doing it in a gradual, ph. if the bond markets get us, if the debt crisis comes, ic tell
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within two years, then i austerity, then it's indiscriminate, then it's cutting seniors, pulling the rug out from under those people have already retired, raising taxes, slowing down the economy, denying young people the careers and jobs and prosperity that their pa res would get, because that's what here. in this country. i would simply conclude by yi failure to do something about this, such as budgeting, such as the president with four budgets literally just ducking this issue, choosing not to is a choice. doing nothing is ath status quo a choice. deny my kids crisis. when they come out of schoolutu. it's a choice to consign current
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seniors to a system of broken promises. we reject that save this count. we want an opportunity society with a safety net. so that people can potential. so that we're a society of upper mobility, of opportunity wo to . we've got to ladder of opportunity is extended to everybody in every corner of in cities and rural areas, wherever we haven't had it. and we're never going to be able to do that if we stick with the status quo and ha crisis. that's why we're budget. with that, i'll yield for the minority.e reminder of their >> i thank you, mr. chairman. out that
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although the path for prosperity has a section entitled, repairing the safety net, it's very hard to see how cutting medicaid by one-third by t 2022. it will expose seniors and kids to much greater hardship and to lots of vulnerability. i don't see how transferring se repairs the safety net. and one of the reasons you have to do those things in your budget is because you ask nog at the very high end of the income ladder who have done so well.eason bipartisan groups that have looked at this budget challenge have said, if we really want to reduce the deficit in way, which i hope we all do, you have to take a balanced approach. otherwise, you're asking middle income americans, you're asking
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entire brunt of deficit reduction while those folks who have already gotten lots of breaks gotten lots of breaks are getting even more in this budget. and we just don't think that's shared responsibility. with that i abide six minutes to ms.citalar. >> i think the ranking member mr. van holen and wish to say that the best budgets is to put everybody back to work so they can pay their bills and the nation can pay our bills. the republican budget before us makes the wrong choices. it will actually blunt economic recovery, which has be s creation in our country. but it's no the republican budget is anti-jobs. with more than 400 days in the majority here in the house thet propose a comprehensive jobs agenda. democrats have been working har
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deficit hole that the bush administration left us in as that chart so represents. we can see over the last 24 months the private sector has created 3.9 million private sector jobs in this country. but we know many americans are still out of work and the republican majority has taken little action including in this budget to yield the republican budget ignores the president's job package completely, which contains provisions that would boost hiring, that would help our unemployed veterans, and would create opportunity for all american families on the most critical near-term issue fg tod republican budget is a non-starter. the vast majority of republicans voted no on democratic measures that saved the auto industry in our country along with the millions of high-paying jobs it represents, breathing new life into our industrial heartland. republicans oppose the payroll tax cut extension formies, whic
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will keep up demand so businesses can get customers and hire more workers. republicans pushed for deep cuts in key sectors that economists have warned will stall growth a with it. proposing their own partisan transportation bill. probably the most important job-creating measure we could pass. bankrupts the highway trust fund and would destroy thousands of jobs.mewhile, their approach to cushing wall street abuse is to weaken oversight of organizations like the securities and exchange commission in this xhotdty futures trading commission, the financial consumer protection bureau, cutting those budgets and seeking to block appointment of the bureau' their proposal would make it impossible to carry out necessary financial reforms, leaving unchecked the same wall street excesses that created t place. republicans are trying to cut u consumer financial protection bureau before it even becomes
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fully operational. the bureau examines big banks for credit cards, mortgage rules, protects student loan borrowers, seniors, and service members. one lesson we learned from the financial crisis is you have tod girls up there on wall street, and the way you doageies. i would like to yield the remaining time that i have to congressman ryan, ohio who understands the need for a jobs budget. igentlelady. and we're dusting off old politicarmwe need to dust off t old voodoo economic term that was used back in the day by the first president bush when g to economics that's going on here. you know, in ohio we've got this saying most states have, if it normally is. and the republican budget sounds
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from the other side like it's just going to solve every problem in the united states. cut taxes for everyone. cut services. real effect on average folks. and thene is, one of the gentlemen said, you know, we're not prepared for war. and i'm concerned and many of us are that our children aren't prepared for the economic war that they have to go out and fight. and as much as w deal with the long-term debt and deficits, if we don't make critical investments into education, into alternative energysources, we're not going to be competitive. that's the bottom line. and here's where i thintdown. it's on the chart that chairman -- ranking member hollen presented with the success of the top 1%. now, we are 30th in health care
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every other country. we are 28th in infant mortality. in the united states we rank 28th in infant mortality. and we're cutting the medicaid budget by a third in the next ten years and not asking those peoples who income has gone up dramatically over the past 10 or 20 years, we don't ask them to pay anything. i think this now, i realize there may have to be some cuts, and i think everyone does. but do they have to be as vcr when we're not even going to ask those people whose income went up 277% over the last ten years, not ask them to sacrifice anything? it doesn't make any sense. now, look at bhat president has done, inherited a horrible economy where we were losing 700,000 to month.
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and now we have through prudent, measured approach, started to move in the direction of muaneously making some investments. but i wiay about their kids and their grandkids, if we don't invest fo go to community college and have pell grants and have health care and the medicaid program or n t going to be directly linked cuts are going to hurt their ability to get into school, to have proper funding for education, to be able to afford college and everng i say let's the wealthiest here to help us out so these cuts aren'tanwith balance of time. >> i thank the gentleman from ohio, and i yieldi to ms. schwartz. >> thank you.y
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to talk particularly about medicare. but i did want to start by saying that the federal budget is a statementva oes and priorities. it is every year. it certa ie t put forth a budget that ensures we can meet reduce the deficit, and that we can grow our economy. first i believe that w the nati deficit in a fiscally responsible manner. this means spending cuts as well as revenues to make sure that we sustain steady economic demanding greater efficiency and effectiveness from all sectors of the government is necessary. both c protect and grow our robust middle class, inchrebet cent domestic manufacturing, and eliminate unnecessary and costly special interest tax deductions. secondly we must make investments tocompetitiveness.
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this includes investments in education to he ensure a skilled work force, in infrastructure td rail. and in research, technology and growth economy in the 21st century. ancommments as a nation to our children and to our seniors by protecting benefits and beneficiaries under medicare and the republican budget fails to meet all of these essential goals. it fails to reduce the. it fails to protect the middle class. and it fails to protect our seniors. the fact is thisudur nation's hc commnt ending medicare as we know it. the republican plan changes medicare from a system of guaranteed benefits and age for all ammited value. this republican budget like last year's shifts increasing costs to beneficiaries and does nothing to es
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growing health care costs. so as costs rise it is seniors who will bear the financial burden. and our sickest seniors, deep cuts to for nursing homes for millions of seniors and disabled americans, the results will be does not ha. th chooses toe protecting tax breaks for the wealthiest. they choose to shift rising costs to individual seniors rather than folks on cost containment for all seniors and be clear the budget reduces benefits and shifts -- growth and costs for seniors and medicare by focusing on delivery and payment systems. focusing on prevention and primary care which this budget also repeals. medica medicare's a promise to all american
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