Velázquez Blasts GOP’s Sham Balanced Budget Amendment

Washington, DC –Today, Rep. Nydia M. Velázquez (D-NY) released the following statement regarding House Republicans’ so-called “Balanced Budget Act”:

            “The Republican tax scam mortgaged working families and seniors’ futures to finance a giant giveaway to Wall Street, big corporations and the wealthiest 1 percent.  Now, with estimates suggesting our nation could reach $2 trillion in debt by 2028, Republicans want to amend the U.S. constitution to force seniors to give up the foundations of their retirement by gutting Medicare and Social Security.   This is the height of hypocrisy and fiscal recklessness. This plan must be stopped, which is why I voted no.” 

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