mr. defazio, for five minutes. mr. defazio: well, here we are after a long weekend of hyperbole and back room deal cutting at the white house and here's the product right here. to look through it is pretty interesting. there is no balance. there are no revenues. god forbid as we ask the millionaires and billionaires to pay anything toward further supporting our country, close some of the tax loopholes and allow hedge funds managers to pay taxes at half the rate of their clerks. you know, things like that, that would be a reach too far to ask them to share in the sacrifice. well what we do see here are cuts and very few are specified, but strangely enough, this one that the republicans always go after, because, you know, they hang out at the country club and at the country club no one is worried about putting their kids through college. the one specified cut here is in graduate school financial assistance. now, that's kind of peculiar. we have a doctor shortage looming and medical school is phenomenally expensive, but i

mr. defazio: to address the house for one minute. the speaker pro tempore: the gentleman is recognized for one minute. mr. defazio: it's a little different than the reid bill we voted on saturday. it actually increases military spending $78 billion over the bill that we voted on on saturday. and it decreases domestic spending by $80 billion. and it doesn't end the wars unlike the reid bill we voted on saturday. it has one specified cut. student financial aid. that's the only cut specified. what kind of world do you people live in? and of course it doesn't ask a single thing of millionaires, billionaires, corporations that avoid taxes. doesn't close a single loophole. doesn't ask one millionaire or billionaire to go back to clinton era taxes. and it does does nothing about our most serious deficit in this country and that is a jobs deficit. unless you really believe that tax loopholes, tax cuts, and cutting investment in aviation and surface transportation creates jobs on your planet, this bill creates none here today. the speaker pro