Sequester Replacement Reconciliation Act of 2012

Floor Speech

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Ms. MOORE. I thank the gentleman from Maryland.

It's important that the American people know the truth about this sequestration replacement bill. And no matter how many times we hear that this package is going to cut welfare programs or socialist programs, like Medicare and Medicaid, things that we call the safety net, all for the sake of reserving every last dime of military spending, ignoring the opportunity to rout out waste, fraud, and peace dividends, it doesn't add up.

The math I was taught is that what you do to one side of an equation, you have to do to the other side of the equation for it to balance out. You can't just subtract from the social safety net--Medicare, Medicaid, food stamps, cut the Social Services Block Grant, stop the Wall Street bailouts; you can't just add more tax cuts for the wealthiest, add more defense spending, maintain oil subsidies, maintain expensive corporate farm subsidies and say that that's a balanced approach.

I have very limited time, but I want to say to Americans: It don't add up. This dog doesn't hunt. You can't just cut the social safety net and add billions of dollars of corporate welfare and say that that's a balanced equation. It doesn't support simple math.

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