[Congressional Record Volume 157, Number 110 (Thursday, July 21, 2011)]
[House]
[Pages H5298-H5299]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CRASH, SLASH, AND TRASH
The SPEAKER pro tempore. The Chair recognizes the gentlewoman from
Illinois (Ms. Schakowsky) for 2 minutes.
Ms. SCHAKOWSKY. Last year, John Carlson, a hedge fund manager, made
about $5 billion and paid taxes at a lower rate than most Americans.
Right now, the 400 richest Americans in our
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country control as much wealth as 150 million other Americans. We have
a crisis, all right, in our country, and it's called a disappearing
middle class. The rich getting richer, the poor getting poorer, and the
middle going into poverty.
We have a jobs crisis in our country. And poverty has taken an
entirely new face as a result of the financial crisis, the recession,
and our Nation's slow economic recovery. In Skokie, Illinois, a solid
middle class suburb, now 40 percent of the kids who go to school there
qualify for a reduced or free lunch. And the food pantry is bulging now
with new people waiting in line. I went to a mortgage foreclosure
workshop in suburban Des Plaines, Illinois, and I felt like I was
watching the American Dream slip through the fingers of hardworking
Americans. More than one in five children is now called ``food
insecure,'' meaning they go to bed hungry some nights.
And what have the Republicans decided to do? They decided to cut the
programs that will help those people. That's how they want to reduce
the deficit. They passed a bill called the Cut, Cap, and Balance bill.
And it cuts, and it caps, and it balances. It cuts Medicare. It caps
Medicaid. And it balances the budget on the backs of the seniors, the
poor, and the WIC program, taking food out of the mouths of hungry
children. There is something very wrong and very un-American with the
Republican proposal that makes it easier to cut Medicare than to cut
subsidies for oil and gas companies; easier to cut Social Security than
to ask for one penny more for the billionaires, like John Carlson, and
easier to cut subsidies for food for little children than to cut
subsidies for corporate jets.
I heard from a woman who lives on $1,023 a month. That's her Social
Security. And she doesn't have enough money to make it through the
month and often goes hungry. Is this right in the richest country in
the world? We can reduce our debt, but not on the backs of the middle
class that are becoming poor and those who are already poor.
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