katrina to bring common slim to our national security budget and to redeploy our troops and military contractors from iraq our budget does so in a way that not only balances our priorities but balances the federal budget our budget stands in stark contrast to the president's very cynical proposals that he presented to us last month the progressive budget rejects the president's budget and it's a tax on working families minority communities and many of our most vulnerable populations like seniors and low income individuals the progressive budget rejects the president's ongoing occupation of iraq that's costing taxpayers twelve billion dollars twelve billion dollars each month and the progressive budget rejects the president's two hundred billion cuts to medicare and medicaid that would raise premiums for our nation's seniors and cut payments to the doctors and hospitals who serve them our budget is different it faces the poverty crisis in america hands on starting with redress and reconstruction for gulf coast victims of hurricane katrina it is designed to reverse the iraq recession by providing a vital stimulus to jumpstart the economy it is the only budget that brings common sense to national security by reinvest in the president's bloated defense funding request for the pentagon the highest since world war two the progressive alternative will provide at least five hundred fifty one billion dollars for domestic nonmilitary discretionary spending and f y o nine one hundred thirty one point nine billion above the president's request as part of this increase in domestic discretionary spending the progressive caucus budget also includes seventy three billion to develop a sustained coordinated public private sector recommit the merican to a renewed war on poverty this will cut the poverty rate in america and a half in over in the decade this goal is in line with h conrad's one ninety eight a resolution that i introduced which passed unanimously in the house in january we have budgeted the dollars to bring millions of children out of poverty by expanding the earned income tax credit for larger families and making the child tax credit responsible for any family earning more than three thousand dollars it will also finally begin to fully redress the continuing plight of the survivors of hurricane katrina our alternative would provide the funds for the housing and the health care education and infrastructure investments and the vital social services needed to bring people back to louisiana and mississippi our budget would also immediately immediately provide one hundred eighteen billion dollars to fund the most effective stimulus programs available to the government we extend unemployment insurance food stamp benefits and critical medicaid payments to states that will only help keep state governments solvent but keep more workers healthy and productive the economic stimulus package will include assistance for low income and unemployed people that were ignored by the first stimulus additionally the c p c budget provides foreclosure relief and includes new investments to rebuild our nation's schools fix our highways and bridges and build new affordable housing these initiatives will create jobs that will help keep more families in their homes all of these vital programs will be a down payment on our rebuild and reinvest in america an issue that this long term sustainable project will create green jobs reinvigorate our schools and foster a new commitment to excellence in our students we will repair our water power and transportation systems so that america can not only compete in the global but once again lead the progressive budget also brings commonsense to national security spending providing four hundred sixty eight billion dollars which is sixty eight billion under the president's bloated request our budget cut government waste fraud and abuse and eliminate outdated in an effective cold war air weapon systems that were developed to fight an enemy that really no longer exists most importantly the c p c budget will end the occupation of iraq by rapidly and slightly redeploying our troops and military contractors we have wasted are too much money on this occupation already over hampshire million dollars to date we cannot afford to spend another three trillion dollars that some have estimated this will take so this budget achieves all these goals and brings the federal budget mind you into balance by f y twenty twelve and upon the completion of our reinvest and rebuild america initiative back into balance in two thousand and eighteen i urge this body to reject the president draco nian cuts the vital programs for working american families and to support the three pieces alternative budget thank you and i reserve the balance of different budgets that are offered by our friends on the other side of the aisle the democrats today are they have many common elements this one perhaps though is the worst it's the worst in that it raises taxes by the highest amount on working families all across america especially at a time when they're trying to stretch their paychecks to make sure that they can keep a roof over their head to make sure that they can fill up their cars in their pickup trucks to make sure that maybe maybe for the first time they're able to soon somebody college now we know that the main democrat alternative the one that ultimately will be voted on by the majority of our friends on the other side of the aisle that has over a six hundred billion dollars tax increase included in it that's roughly three thousand dollars for every family in america that's the average tax increase that will be imposed upon families over the next five year period now this particular budget increases taxes by almost a third more so i haven't mr chairman quite had the time to do the back of beyond the low calculation but who knows maybe they're raising taxes by four thousand dollars per family and not