[Congressional Record Volume 157, Number 103 (Tuesday, July 12, 2011)]
[House]
[Page H4869]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                               DEBT LIMIT

  (Mr. BACA asked and was given permission to address the House for 1 
minute.)
  Mr. BACA. Madam Speaker, as negotiations continue on the upcoming 
debt ceiling, the retirement savings, mortgages, and pensions of the 
American people hang in the balance.
  It is long past time for both sides--I say, for both sides--to get 
serious about a balanced budget. Any long-term budget must--I state, 
must--protect Medicare and Social Security for all Americans, create 
jobs here at home, and begin to reduce the deficit with intelligent 
class protection.
  It's time for the wealthiest among us to step up to the plate and 
take up their share. We must end tax breaks for ultrarich, Big Oil 
companies, and the corporations that ship jobs overseas.
  No jobs have been created--I state, no jobs have been created--in the 
United States since the Bush tax cuts first went into effect. No taxes, 
no jobs. No taxes, no jobs.
  Let us put politics aside and do what is best for the interests of 
the American people before it is too late.

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