Cut, Cap, and Balance Act of 2011

Floor Speech

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Mr. PETERS. I rise today in opposition to H.R. 2560.

Since taking office, I have fought for greater fiscal responsibility in Washington. I have voted against hundreds of billions of dollars in new spending. And today there is a new bipartisan consensus that a comprehensive deficit reduction plan is a national priority.

Unfortunately, Republicans are squandering this opportunity. Rather than a balanced approach, they are pursuing a radical agenda that will force our Nation's seniors and middle class to sacrifice while letting millionaires and special interests keep their tax breaks and loopholes.

Let us be clear: A vote for this bill is a vote for drastic cuts to Medicare and for putting teachers, firefighters, and police all over our country out of work. Republicans need to stop playing games with our economy and start working for what the American people want: comprehensive deficit reduction that shares the burden, strengthens Medicare and Social Security, ends tax giveaways for the well-connected, and puts our country on a path to financial security. This bill fails to address these needs and should be defeated.

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