Concurrent Resolution on the Budget for Fiscal Year 2025

Floor Speech

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Ms. WATERS. Mr. Chairman, I strongly oppose the Republican budget rip-off. I hear from constituents every day about the high cost of living. Under the Trump administration, healthcare costs are rising, and putting food on the table is getting harder as egg prices skyrocket and housing remains unaffordable.

Unfortunately, the Republican rip-off is a slap in the face to working families.

Trump, Elon Musk, and House Republicans are asking us to support axing Medicaid by $180 billion, even though food stamps reduce rural poverty. Republicans will cut this program too by $230 billion.

Republicans are defunding the police by stripping funding from the Consumer Financial Protection Bureau, and the CFPB is the only Federal cop on the block to hold Wall Street banks and Big Tech payment apps accountable when they cheat Americans.

It is shameful that while families suffer from high prices, Musk is firing thousands of Federal workers and stealing sensitive data from his competitors.

Although this rip-off cuts $2 trillion in vital programs, what do Republicans plan to do with this money?

Mr. Chairman, they are going to give $4.5 trillion in tax cuts to the billionaires in this country. That is $4.5 trillion in tax cuts. If that math doesn't compute, it is because Republicans expect Americans to buy the next megayacht for Jeff Bezos.

Mr. Chairman, we are not going to do that, and Democrats are voting ``no'' on this budget. It is outrageous that Republicans have the audacity to come here with this budget that harms so many Americans and ask us to support billionaires and think we are going to buy it? The majority thinks we are going to support it? My colleagues on the other side of the aisle have another thought coming. We ain't doing it.

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