Pelosi on House Floor: "You should be ashamed of yourselves."
Washington, D.C. – Early this morning, Speaker Emerita Nancy Pelosi spoke again on the House Floor to condemn Republicans' "One Big, Ugly Bill" which adds $4 trillion to the national debt to fund tax breaks for the wealthiest Americans.
Pelosi underscored the moral failure of prioritizing tax cuts for billionaires over critical investments in education, health care and food assistance for children and families. Pelosi called out Republican hypocrisy for criticizing essential public investments while pushing the largest spending item in the bill: massive tax breaks for billionaires.
Watch her full remarks here.
Read the transcript of Speaker Emerita Pelosi's Floor remarks below:
Speaker Emerita Pelosi. Thank you, Mr. Speaker. I thank the gentleman for yielding and for his exceptional leadership, recognizing that our budget should be the statement of values of our country and how we allocate our resources reflecting those values.
I asked to speak because I hear Members on the other side talking about spending on the part of the Democrats. Spending for education and health care and all the needs—of food for our children.
I just want to remind all of them, speaking to you, Mr. Speaker, that tax cuts are expenditures.
They're the biggest spending in this bill to the tune of $5 trillion—$[4] trillion added to the national debt to give tax cuts to the wealthiest people in the country at the expense of feeding our children, health care for our people and the education of our children.
Nothing brings more money to the Treasury than the education of the American people, from early childhood, lifetime learning and every phase of it in between.
So you should be ashamed of yourselves to mock spending on education.
The best dollars we spend is on educating the American people and the investments in scientific research, the biblical power to cure that science provides for us—cut in this bill—to spend $5 trillion for the wealthiest people in America.
Thank you, Mr. Chairman.