OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Concurrent Resolution on the Budget for Fiscal Year 2021

Floor Speech

By: Jim Banks
By: Jim Banks
Date: Feb. 3, 2021
Location: Washington, DC
Issues: Government Budget and Spending

BREAK IN TRANSCRIPT

Mr. BANKS. Mr. Speaker, I thank the ranking member, and I congratulate my friend in his new leadership role in addressing what is one of the most important issues in our country today, which is fiscal irresponsibility and a now nearly $30 trillion national debt. I appreciate his leadership.

Mr. Speaker, that is why today I rise in opposition to this, the Democrats' sham $2.1 trillion parody of a budget. Democrats, in their own words, having failed again to pass a budget last year, now say: ``The 2021 budget resolution has a single purpose. It gives Congress the option of using a budget reconciliation.''

However, this is a very different tune than what my Democrat colleagues said just a few years ago. In August 2017, Senate Majority Leader Schumer said reconciliation is ``the wrong way to do the business of the country,'' and he demanded a bipartisan solution instead.

Democrats are once again shirking their duty to produce a budget while intending to ram a partisan spending bill down the throats of the American people.

However, in 2019, the Republican Study Committee, which I chair, produced a budget that balanced in 6 years. It reduced tax burdens on American families, limited the Federal Government to our core constitutional responsibilities, and prioritized individual liberty.

Speaker Pelosi once infamously said: ``Show me your values. Show me your budget.''

Well, now we know what those values are. At a time when most small businesses are fighting for their lives, they would proudly impose minimum wage hikes and Green New Deal sanctions that would starve our economy.

What they won't tell you, though, is where they plan on getting this money from--from American workers, American families, and robbing future generations. That is where.

Mr. Speaker, every dollar taxed, borrowed, or printed by the government is a dollar taken from a hardworking family. It is a credit on a small business, or it ends up creating price bubbles that wipe out a lifetime of savings.

Mr. Speaker, we know these are their values, but I ask: Are these America's values?

BREAK IN TRANSCRIPT


Source
arrow_upward