Hoyer: This Rescissions Package Is A Sham
For Immediate Release:
June 7, 2018
Contact Info:
Mariel Saez 202-225-3130
WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) spoke on the House Floor today in opposition to Republicans' hypocritical rescissions package. Below is a link to the video and transcript of his remarks:
"First, let me say, I heard the Gentleman from Georgia’s argument that this money wasn't needed. I heard that argument a month ago: Ebola money was not needed. Guess what? Ebola money was needed.
“I rise in opposition to this rescissions bill, Mr. Speaker, which I think is a sham. Period. It's a shameless attempt by the Majority to gloss over the tremendous deficits that have been incurred by its tax law. Republicans are hoping they can fool the American people with a pretense of phony fiscal responsibility, but the American people can see right through it. They can see more than $1 trillion a year in deficits for the next decade and a future for our children and grandchildren mired in debt. And for what? To give tax breaks to the wealthiest while raising taxes on many in the middle class.
“We have before us, ladies and gentlemen, a bill that the Majority hopes will make it appear fiscally responsible, but the CBO says it would just save over $1 billion. That's a lot of money. But guess what: in the next bill, without any committee hearing, you've added $1 billion. So you’ve already spent it, your savings of outlays of $1 billion. CBO says it will save just over that amount, compared to the $1.8 trillion deficits that Republicans incurred with their tax law. I wonder if the Majority intends to bring another 1,800 bills to this Floor just like this one, because that’s what it would take to make up for the tax bill they passed without a single hearing and without any citizens having the opportunity to testify. In fact, this bill rescinds less funding than Republicans just added, as I just said, to their military construction bill without a single vote being cast in the full Appropriations Committee, Mr. Chairman.
“But this bill is also dangerous and irresponsible for another reason. It is based on the glib assertion that these funds will never be used and no one will be hurt if they are taken away. But we've already seen that to be a false promise. The previous package, as I just said, cut funding to combat Ebola, and I was told by the Majority Leader we don't need those funds, which Republicans, however, now admit is very necessary to protect public health. The same goes for children's health, I would suggest to you.
“Just because we haven't used these funds yet does not mean they won't be needed. It's a contingency to make sure that children aren't left out in the cold. Oppose this rescissions package, and I yield back the balance of my time.”
"First, let me say, I heard the Gentleman from Georgia’s argument that this money wasn't needed. I heard that argument a month ago: Ebola money was not needed. Guess what? Ebola money was needed.
“I rise in opposition to this rescissions bill, Mr. Speaker, which I think is a sham. Period. It's a shameless attempt by the Majority to gloss over the tremendous deficits that have been incurred by its tax law. Republicans are hoping they can fool the American people with a pretense of phony fiscal responsibility, but the American people can see right through it. They can see more than $1 trillion a year in deficits for the next decade and a future for our children and grandchildren mired in debt. And for what? To give tax breaks to the wealthiest while raising taxes on many in the middle class.
“We have before us, ladies and gentlemen, a bill that the Majority hopes will make it appear fiscally responsible, but the CBO says it would just save over $1 billion. That's a lot of money. But guess what: in the next bill, without any committee hearing, you've added $1 billion. So you’ve already spent it, your savings of outlays of $1 billion. CBO says it will save just over that amount, compared to the $1.8 trillion deficits that Republicans incurred with their tax law. I wonder if the Majority intends to bring another 1,800 bills to this Floor just like this one, because that’s what it would take to make up for the tax bill they passed without a single hearing and without any citizens having the opportunity to testify. In fact, this bill rescinds less funding than Republicans just added, as I just said, to their military construction bill without a single vote being cast in the full Appropriations Committee, Mr. Chairman.
“But this bill is also dangerous and irresponsible for another reason. It is based on the glib assertion that these funds will never be used and no one will be hurt if they are taken away. But we've already seen that to be a false promise. The previous package, as I just said, cut funding to combat Ebola, and I was told by the Majority Leader we don't need those funds, which Republicans, however, now admit is very necessary to protect public health. The same goes for children's health, I would suggest to you.
“Just because we haven't used these funds yet does not mean they won't be needed. It's a contingency to make sure that children aren't left out in the cold. Oppose this rescissions package, and I yield back the balance of my time.”