WAIVING REQUIREMENT OF CLAUSE 6(a) OF RULE XIII WITH RESPECT TO CONSIDERATION OF CERTAIN RESOLUTIONS
Mr. SANDERS. Mr. Speaker, I thank my friend for yielding.
Mr. Speaker, I rise in strong opposition to this martial law rule and also strong opposition to the budget resolution that we will be dealing with later this afternoon.
Mr. Speaker, the budget resolution that we will be debating is wrong and very bad public policy for at least three reasons: First, it is grossly unfair at a time when the middle class is shrinking, when the incomes of ordinary people are not keeping up with inflation, at a time when under President Bush 5 million more Americans have slipped into poverty, and at a time when the wealthiest people in this country have never had it so good, it is wrong, wrong, to continue to give tens of billions of dollars in tax breaks to the wealthiest people in America. They do not need it.
Frankly, Mr. Lee Raymond, the former CEO of ExxonMobil, who received a $398 million retirement package, can survive. He will just about make it okay, trust me, without another Republican tax break.
Secondly, while the middle class is struggling, it is just plain wrong, as Mr. McGovern has just indicated, to cut back a desperately needed program. At a time when the cost of college education is soaring, when middle-class families are finding it harder and harder to afford a college education for their kids, how do we cut back on financial aid for college education at the same time as we give tax breaks for billionaires? That is wrong.
Everybody knows that the Veterans Administration is undergoing enormous financial stress. There are waiting lines for veterans in the State of Vermont, all over this country. 17,000 American soldiers have been wounded in Iraq.
More and more are coming back with post-traumatic stress disorder. At a time when the VA is already underfunded, we cannot cut back on the needs of our veterans.
Thirdly, thirdly, we presently have a $8.3 trillion national debt, a heck of a legacy to be leaving to our kids and our grandchildren. This budget resolution will increase the national debt.
This is bad public policy. This martial law rule should be defeated and the budget resolution should be defeated.
BREAK IN TRANSCRIPT
Mr. SANDERS. Mr. Speaker, I thank my friend for his presentation, but when you talk about who is paying what in income tax, you are forgetting a very important part of the equation, and that is who is making what in income.
As the gentleman knows, or should know, in the United States today we have the most unequal distribution of income and wealth of any major country on Earth. The gentleman knows, or should know, that the wealthiest 1 percent in America own more wealth than the bottom 90 percent. And the gentleman should know that the wealthiest 13,000 families earn more income than do the bottom 20 million families.
So when the gentleman said, my goodness, look at how much the wealthy are paying, those are the people, and in many cases, the only people who are seeing an increase in their income. The gentleman knows that family household income is stagnant, that working people are working longer hours for lower wages because the jobs that are being created by and large in this country are low wage jobs.
BREAK IN TRANSCRIPT
http://thomas.loc.gov