[Congressional Record Volume 157, Number 39 (Tuesday, March 15, 2011)]
[House]
[Pages H1805-H1806]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              THE DEFICIT

  (Mr. PERLMUTTER asked and was given permission to address the House 
for 1 minute.)
  Mr. PERLMUTTER. Mr. Speaker, I've had an opportunity to listen to two 
of my friends on the Republican side of the aisle. I just need to 
remind them, when you take a voluntary pay cut, when you subsidize and 
give tax cuts to millionaires and billionaires, when you prosecute a 
couple wars to the tune of $1 trillion that you don't pay for and then 
when you let Wall Street run amuck without any police on Wall Street 
and you have a crash, you're going to have major debt.
  So now they're complaining about a debt that they were instrumental 
in creating. All right. We've got to pay it, but you've got to get 
people back to work. The best way to reduce the deficit is to have 
people working. President Obama has reduced what we're spending in Iraq 
by $100 billion. That's real money. You can't just focus on education. 
You can't just focus on energy efficiency. You've got to focus on tax 
cuts for oil companies and on tax cuts for millionaires and 
billionaires.

[[Page H1806]]

  It's both sides of the ledger. It takes all of us working together to 
get this under control, and we Democrats intend to do that.

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