[Congressional Record Volume 164, Number 60 (Friday, April 13, 2018)]
[House]
[Page H3230]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     CBO LATEST BUDGET PROJECTIONS

  (Mr. CARBAJAL asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. CARBAJAL. Mr. Speaker, this week, the nonpartisan Congressional 
Budget Office released its latest budget projections predicting that 
the Republican tax plan will add a stunning $1.8 trillion to the 
deficit.
  It turns out major tax cuts for the wealthiest Americans do not pay 
for themselves. With their tax scam cutting revenue and exploding the 
deficit, Republicans have now set their sights on crippling Social 
Security retirement and Medicare health insurance programs that 
millions of Americans rely on.
  They shamelessly proposed a balanced budget amendment to distract 
from the reckless deficit spending, but I am here to say that the 
public is smarter than they think. They recognize this is just the next 
step in their plan to cut programs that strengthen retirement security 
and ensure healthcare access.
  I voted against this foolish budgeting proposal, and I urge my 
colleagues to commit to responsible bipartisan spending reform.

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