Concurrent Resolution on the Budget for Fiscal Year 2025

Floor Speech

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Ms. ESCOBAR. Mr. Chair, I thank the ranking member for yielding me time.

Let's talk about what is really happening here today. Housing costs are up. Groceries are up. Inflation is up. Donald Trump is threatening more tariffs, which means our costs will continue to go up. It is no wonder that the bond market is flashing a warning sign about slowing economic growth under Donald Trump.

My Republican colleagues, instead of working with us to lower costs, what are they doing? They are working to give billionaires massive tax breaks, and they will do that by making life costlier for everyone else.

In fact, this budget bill that will be on the floor today will have enormous consequences. It will make America poorer, sicker, and hungrier. It will close hospitals and clinics. It will kick seniors out of nursing homes. It ends support for Americans with disabilities. It will double healthcare costs and more.

That is just the Medicaid portion of it. In Texas, in my State, over 4 million Texans stand to lose with the cuts that my Republican colleagues will implement that this bill would unlock with cuts to Medicaid.

It is not just that. It gets worse. This budget bill would explode the national debt. Why? So that billionaires can have another yacht, another luxury home, another jet?

It doesn't have to be this way. We just need some of our Republican colleagues to stand with us and vote to protect the American people, reject these billionaire tax breaks, reject the harm that it will do to their constituents and ours, and protect the American people.

Mr. Chair, I urge my colleagues to vote ``no.''

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