[Congressional Record Volume 157, Number 119 (Monday, August 1, 2011)]
[House]
[Pages H5817-H5818]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        DEBT CEILING LEGISLATION

  (Mr. DeFAZIO asked and was given permission to address the House for 
1 minute.)
  Mr. DeFAZIO. This is a little different than the Reid bill we voted 
on

[[Page H5818]]

on Saturday. It actually increases military spending $78 billion over 
the bill that we voted on on Saturday, and it decreases domestic 
spending by $80 billion. And it doesn't end the wars, unlike the Reid 
bill we voted on on Saturday.
  It has one specified cut--student financial aid. That's the only cut 
specified. What kind of world do you people live in?
  And, of course, it doesn't ask a single thing of millionaires, 
billionaires, corporations that avoid taxes. It doesn't close a single 
loophole. It doesn't ask one millionaire or billionaire just to go back 
to Clinton-era taxes. And it does nothing about our most serious 
deficit in this country, and that is the jobs deficit.
  Unless you really believe that tax loopholes, tax cuts, and cutting 
investment in aviation and surface transportation creates jobs on your 
planet, this bill creates none here today.

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