Circumstances. You hear about that debate over job creation what the Unemployment Rate is at the beginning of a democratic administration. Bobby scott in the house say■s thq eres supposed to be a House Budget Committee hearing on Budget Committee hearing on later this week the house would force legislationoce tiktok to diversities ownership or face a ban. Live coverage now of the house on cspan. Order. Motion to suspend the rules and pass h. R. 1752 and h. R. 886. Thede first electronic vote will be conducted as a 15minute vote. Pursuant to clause 9 of rule 20, remaining electronic votes will be conducted as fiveminute votes. Pursuant to clause 8 of rule 20, the unfinish business is the vote on the motion from the gentleman from missouri, mraves, to suspend the rules and pass h. R. 1752 as amended, on which the yeas and nays are ordered. The clerkl report the tile tle. The clerk Union Calendar number 187, h. R. 1752, a bill to amend the public works and Economic Development act of 1965 to provide for a high Speed Broadband deployment initiative. The speaker pro tempore the question is, wilthe house suspend the rules and pass the bill as amended. Members will record their votes by electronic device. Is 15 minute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptnepolr commercial purposes is expressly prohibited by the u. S. House of representatives. ] ■1 rv n■ o ■o ■5c tj [j÷ e ■ ■6 z [e e ■9 ■s ■z theaker o tempor on t the speaker pro tempore on this vote the yeas are 375, the nays are 20, 2 3 being in the affirmative, the rule is suspended, the bill is passed and without objection, the motion to reconsider is laid upon the table. The house will come to order. ■ pursuant to clause 8 of rule 20, the Unfinished Business is the vote on the motion of the gentleman f to suspend the rules and pass h. R. 336 as amended on which the yeas and nays are ordered. The clerk will report the title. The clerk h. R. 886, a bill to amend the save our seas 2. 0 act, to improve the administration of the maa ne amend the Marine Debris act, to improve the administration of the Marine Debris program of the national on or about antic and atmosphere oceanic and atmospheric administration. For other purposes. ui the speaker pro tempore members will record their votes by electronic device. This is a fiveminute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage othe hoe urposes is expressly prohibited by the u. S. House of representatives. ]. ■2■ the speaker pro tempore on this vote the yeas are 326, the nays are 73. 2 3 of t v the rules are suspended, the bill is passed and, without objection, the motion to reconsider is laid on the table. The speaker pro tempore the house will be in order. The house will be in order. The n requests for oneminute speeches. Man from pennsylvania k recognition . To address the house and ask unanimous connent to revise and extend my remarks consent the speaker pro tempore members, the house will be in order. Please take your conversations outside. The gentleman from pennsylvania is recognized for one minute. Madam speaker, as President Biden has allowed federal workers to stay home, millions of tax dollars have been wasted on office space that is no longer in use. While pennsylvania families are of inflation, President Biden is spending their hardearned dollars on empty office space. Mr. Joyce included in one g. A. O. Report was an example of an agency just using 9 of their office space. This waste is unacceptable and its time for the american taxpayers to stop footing the bill offices that arent being used. As our deficit continues to skyrocket past time to rein in y spending. Its time to pass the use it act and help people a stop to President Bidensem■ wasteful d reckless use of american taxpayer dollars. Thank you and i yield. The speaker proz7 tpo does the n from new jersey seek recognition . I ask unanimous consent to address the house for one minute, revise and extend my remarks. The speaker pro tempore without objection, the gtlan is recognized for one minute. Mr. Payne mr. Speaker, i rise today to honor a man my districn ali. Pastor ali has been my friend for more than 50 yes. He was as we called him, at the Worship Center in newark, new jersey. And his story is one that should inspire us all. Pastor ali received his spiritual calliur time when he fought homelessness and chemical addiction. He improved his life through the power of his own personal reformation led to a doctoral degree in holistic theology. He served as president of the baptist Ministers Conference of newark vicinity and in addition he was the sthe newark antivioe coalition. And served on the board of the Newark Community health centers. I was honoredpted the invitatioe the guest chaplain here in the congress. Pastor ali was an outstanding clergyman, an incredible leader an inspirational figure in our community. And he will be missed. Mr. Speaker, thank you, i yield the speaker pro tempore for what purpose does the gentleman from tennessee rise . Madam speaker, i seek unanimous consent t to revise and extend my remarks. The speaker pro tempore without objection, the gentleman is recognized. Mr. Burchett thank you, madam speaker. Onor state representative Sam Mackenzie who represents House District 15 in tennessee and knoxville. Representative mackenzie has tht tennessee for a long time. He was on the knoxville utility board of directors from 2003 tok Ridge National laboratory and sat on the Oak Ridge Federal Credit Union board of directors. He served on the county commission knox county commission. We met in high school, we played high school footba for austin east and i played for bearden. We also share a love for pizza palace on mag from time to timeg alongside, hes a straight shooter, asks solid, direct questions about whats happening in our government. Its clear he cares about our community and the wk tennessee. Representative mackenzie was recently awarded the 2003 crystal gavel award of the National Black caucus of state legislators at its 47th convention in nashville. He was given this award for his leadership in the Tennessee Black Caucus which has over were on opposite sides of the political aisle and we might have different visioner vitions of how things she visions of how things should get done but we both wantts. Congratulations to representative mackenzie on receiving the 2023 crystal gavel award. Madam speaker, i yield back the balance of my time. The speaker pro tempore for what purpose does the gentleman from ohio seek recognition . Without objection, the gentleman is recognized for one minute. Mr. Landsman thank you, madam speaker. I rise today to celebrate the springboro panthers Womens Basketball team ohio high schooc associations state tournament. Congratulations to the girls and coach mike who is in his first season with the panthers. Coach mike celebrated their grit and effort afterhehe win in thed overtime after overcoming a 3530 deficit in the fourth quarter. This season thent 235 and this impressive record is taking them to the university of dayton for the first state tournament matchup on friday. This is in School History that the girls team has made it to state. The last time being 1978. So we are wishing them luck onje tournament and hope that their hard work continues to pay off. Thank you and i yield back. The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Lamalfa i seek unanimous consent to address the house for one minute, revise and extend my remas. Objection, the gentleman is recognized for one minute. Mr. Lamalfa thank you, madam speaker. Well, just recently c. D. C. , which stands for the centers for conol, based in atlanta, was a 140pages study 140page study on something being possibly linked to the covid vaccines, whether its by pfizer or moderna, what have you. So in order to have good science, you would want these studies to■ information out there so peek can understand what the so people can understand what the link may or may not be. So what is c. D. C. s approach to that . That 140page report, they edited out, they redacted not just some of itith maybe some of the names, every one of the 148 pages. What is that as far as having c . That sounds corrupt to me. Certainly this body is going to take a look at that. But c. D. C. Ble to all of us bece the truth still needs to get out there on how the injection works and what effects they cause to the public. I yield back. The speaker pro tempore for what purpose does the gentlewoman from texas seek recognition . Ms. Jackson lee i ask to addr■us minute and revise and extend. The speaker pro tempore without objection, the gentlewoman is recognized for one minute. Ms. Jackson lee in the bitter cold one might wonder what the conditions of the soldiers in ukraine are. Young soldiers who are fighting for democracy. Wed also wonder why this body of many body of members have not been able to resthoaf crisis at the board for the dealing with the southern border with the right kind of personnel and right kind of funding. All of this was offered. And th the hostages of families who are still being held. But what is most of a crisis che dying. And the fact that we are leaving this week without providing the funding that is ness, theelpinge doctors without borders, trying to make sure that ships are delivering the amount of money, amount of resources that are necessary. ■z people are dying but most of all, our babies are dying. It is urgent that the speak over the house provides a funding legislation, some of which was already presented by the president of the United States, move forward on saving lives, soldiers fighting democracy, children trying to live and families trying to live, enough is enough. We must show oay. I yield back. The speaker pro tempore for what purpose does the gentlelady from ohio seek recognition . Ms. Kaptur i ask unanimous consent to address the house for one minute. The speaker pro tempore without objection, the gentlewoman is recognized for one minute. In honor of womens History Month i rise to honor the trail blazing women of the signal corps female general pershing found urged amo deploy americans experienced in switchboard operation. Women eny honored the call to service and deployed to france. Including elizabeth and raised. She spoke fluent french. These hello girls worked tireless t direct calls directing artillery fire. As the first women to actively support combat operations onsisy for female service members. They also won women the right to vote. It took six were formally recognized as veterans and given their hardearned benefits. Today im proud to honor their legacy 1572 to award a con dregsal geld medal in remembrance of thecorps female operators unit. Thank you and i yield back. God bless them. The speaker pro does the gentlen from georgia seek recognition . I ask unanimous consent to address the house for one minute and revise and extend my remarks. The speaker pro tempore without objection, thean minute. Mr. Carter i rise to commemorate judy brook of pembroke, georgia. She served the city for decades and is retiring. Clerk, thes per until administrator, planning and soaping administrator and mys any call court clerk. She pioneered pride in pembroke initiative to urge Community Involvement in the citys future. She partnered with fellow cities, communities and agencies to innovate growth, progress and the american spirit hemple love for her city has impacted all o the city of Richmond Hill named her an honor citizen for her tireless work. Thank you, madam speaker and i yield back. The speaker pro tempore for what purpose does the gent minnesota seek recognition . To address the house and revise and extend my remarks. The speaker pro tempore without objection, the gentlewoman is recognized for one minute. Ms. Omar i rise today to ce funded last week. We showed the country we can Work Together in a bipartisan way to Fund Projects that ■a . Hae in my district, we secured 2 million for 15 Community Centered projects across our in total, our office has now delivered over 50 million to projects in every corner of the fifth district. Thisding wil address the Affordability Housing crisis, climate resilience, food access, work force dwoonltd health care investment. Im glad to im grateful to the countless Community Members throughout minnesotas fifth who brought their hopes and dreams to our office propoe posals. Since President Biden signed the package, we are one step closer reality. G those i will always fight to ensure our communities have a seat at the table where funding decisions are made. Thank you d i yield back. The speaker pro tempore for what purpose does the gentlewoman from missouri seek recognition . Address the house for one minute and revise and extend my remarks. The speaker pro tempore without objection, the gentlewoman is recognized for one minute. Ms. Bush thank you, madam speaker. St. Louis and i rise today withn people. They have long been harmed by their status. One instance is act 22. This allows those who move puerto rico to not pay local taxes on their dividends, capital gaines and certain investments. Unsurprisingly the wealthy thise the puerto rican people are left to deal with the harms. Because of act 22, puerto rico stands to lose an estimated 5 billion in tax revenues between 2020 and 2026 and were already seeing the skyrocketing rents and increased displacement. This must end. Congress must close the act 22 tax loophole h, end the injustice of colonialism, selfn legislation for the puerto rican people. I stand with the Puerto Rican Community in st. Louis,n puerto ric and around the country. Thank you and i yield back. The speaker pro tempore for what purpose does the gentleman from North Carolina seek recognition . ■adam speaker, i ask to address the house for one minute and revise and extend. The speaker pro tempore without objection, the gentleman is recognized for one. Mr. Davis madam speaker, in eastern North Carolina the spirit of strong, resilient women flows through the fabric of our communities. From Northampton County to green county and everywhere in between, women have played essential roles in shaping our however, we cannot talk about women in history in eastern North Carolina without recognizing the honorable eva clayton. Ms. Clayton was the first africanamerican congresswoman from North Carolina. Celebrate all the women of eastern North Carolina and beyond. Let us honor their many contributions,rength and supporr endeavors. Together we can ensure that their voices are heard their rights are protect ae generations to come. Madam speaker, i yield back. The speaker prtee under the speakers announced policy of january 9, 2023, the gentleman from arizona, mr. Schweikert is recognized for 60 minutes designee of the majority leader. Mr. Schweikert forgive me, madam speaker pro tem. Whats happening eeally darig tonight and well see fit actually works. Were going to actually use some boards, some math, that i havent even actually seen the final numbersorking on them acty over the weekend in regards to President Bidens state of the union and then with them their e trying to make the math work. Which seems to be the routine here. So i have a lot of boards, theme is actually really simple. On a couple of conceptual levels. Ok. So the president basically said und. Were going to do something about it. Great. Seven years so from now the Medicare Trust fund is but the Medicare Trust fund is really, we often refer to it as the part a. Theres actually a couple of slivers of it. It is about a third its just the hospital portion. The rest comes out of the general fund. But did you notice how the president stood right said yout allowed to talk about Social Security. Youre not allowed to talk about reforming, youre not allowed to talk aboutact that in eight or nine years its gone. And the amount of that dwarfs dramatically the scale of the shortfall of medicare. But understand. You got the Transportation Trust fund thats going emy. Medicare. And then the big kahuna is Social Security and those all happen within the next nine years. And the intense frustration of the president s speech is once again, it was a■ Campaign Speech and it got it talked to the voters out there. Are you for sale . Because youre promised lots of things so heres the reality. Were going to borrow the money, or were going to raise the taxes, im going to show you the tax callations e a complete fraud. Were going to buy your votes with your own money. And then were going to borrow a boatload of the spending thats going to crush your retirement and crush your kids and grandkids. Yay go america al once again were back to sort of setting records. If you actually subscribe to my daily debt, we sent out a text message every single day. With whats going on. And we dont make i mean its not our opinion. Its right t treasurys website. We just grab it and we give you the two numbers so you actually understand it. We say hey, for this fiscalcausy some games at the end of the fiscal year, the timing effect, where like they did last year where they money from the Supreme Court ruling in regards to Student Loans but they rolled it back in to push down the total number becausee s fiscal year. Theres all sorts of games. But we also give you one which is just a running clock. im its the 365, or this year 366, day clock. You get to see both of them. Right now if you tell the use t, because we pay interest to the trust funds, and were functionally the only industrialized country in therly in interest and we pretend thats off the books. Thats why when you look at oecd, theyavehe United States now closer to 144 of debttog. D. P. Because they dont allow accounting game internally. Bier borrowing over 95,000 a second if you actually look at the run rate. 365 days, or 366 u throw in the leap year, we borr 3 trillion. Im trying to find a nays why to emphasize that word. 3 the running last year. And im going to i think i have in one of my charts here, if i dont illust sa the presid their budget does anyone paying attention how the game is working . Were starting to understand the game. So several months ago, when the preliminary budget numbers were put out, by the white house, hey, were going to borrow 1. 5 trilonwink, wink, nod, nod, ther that came out, what was it, yesterday . Or no, excuse me, earlier todaye closer to 2. 1, 2. 2. But if yolo of their math its going up higher than that. It looks like actually if you do the gross, it really is going over the 2,800,000,000,000. Do we do this to lie to the bond markets or each other or sit just so the you know, in washington basically quotes the old number . But does anyone understand when you see mements of numbers that are functionally a trillion the burn rate right now is were borrowing a trillion about every 125 days. ■mg■. Were going to lk and when we get to the end, were going to do some slides trying to take a look at the president s budget they dropped just a few hours ago and our base math. So im going to run through many of these really quickly because there were a number of things said during the president s state of the u a bizarre. Theyre urban folk legend. As weve seen in this town, if you say a lie enough times, it starts baseline political discussion. What happened after the t. C. J. T thats the tax reform that happened in december, 2017. And theres two reasons for doing this. I want to show that the vast majorita■ix cuts were were for the working middle class. And that the u. S. Tax code got more. The wealthy, the top tier, the top tiers in the United States of income today pay a higher the tax than they did before 2017. Andbably should say this now so i dont forget it. I believe theres a scam. Yo know, so often we go home, we have people that they meet you youre at the Grocery Store or youre at walmart, costco, whatever, someone comes conspiracy theory. Or the number of times these things are just filled with them. Ill give you one now. A conspiracyheiry, its math theory, its math. If you take the president speeches and say, were going to tax rich people, remember, ive come to this floor multiple times and shown you what happens en you do tax maximization of those over 400,000 and you cant even close anything close. You get 1. 5 of g. D. This year were borrow g. D. P. This year were borrowing 9. 6 of the g. D. P. Does anyone do some basic math and see the difference . We have a problem. But its great political rhetoric. Both in the right and the left. Because, you know, a populist country now. Tax the rich people. Great. Doesnt get you anywhere near where you need to be. So when we get near the end ofly trust funds empty. Transportation trust fund is empty. If the president got his way, weve tax maximized just to cover the short fl the medicare short yn fall in the medicare shortfall in the Medicare Trust fund, where do you get the money . I will lay a marker down today. By the end of this decade this country will have a vat tax. A valueadded the rest of the industrialized world. Just like europe. Just like everyone else. And at that moment the working middle class, thatar poorer. And thats the scam thats going on. Because thats where the money is. Anso you have this dancing and it works politically, think about this. As the wealthier have and better educated have moved more to the democrat party, working■ . People have moved to the republican party, depending on who is in power at the end of this decade, be prepared. If you dont make some of the policy changes that change the cost of health care, theres no mathematical way you make it out of this decade withoutic the working class in the head. And thats whats going on. So lets walk through some of this. So over here you got to understand one of the key things that happened when we did tax reform, you functionally took half of the the working people s country. Now, theyre poor working people. Understand. Almost no income taxes. Ok . But you get over here to that top yeah, they had a huge tax cut. They went from 26. 8 to 25. 6 . Te bunch of other deductions, were going to talk about that. Its always amusing here when you havesisters from high tax ss saying, we want salt because it goes mostly to really rich people and they write us checks. Wo blaze through these because we got a lot to do tonight. Did this last week, want to make the point, this number is now wrong. We now are our interest this year, interest this fiscal year of 1. 1 trillion. 1. 1 trillion of interest in the 2024 fiscal year, means Social Security one spend at 1. 45 trillion. Interest will be number two. Medicare will be number three. Defense is now numbe heard thate president s speech, right . And i keep trying to make the point over and over and over that its not just those of us who think its more ethical to do gross interest. If you even do net interest, net interest. That pretend you didnt pay any interest to Social Security, trust fund, Transportation Trust fund, railroad retenthe others, you just say, hey, you borrowed the money, you didnt pay anything, were going to keep that off the books. Just the interest you pay out to those people who bought u. S. Debt, bonds, t bills, notes, thats still the second highest spend. But that would be inconvenient to go out and tell the truth, wouldnt it . So im laying i believe if you look at the trend line, even from the Budget Office at the white house, the e number, revising the number, revising the number, theres a very good chance, total gross intestcu me, total gross debt, borrowing, borrowing this year, 2. 8 trillion, it could actual 3 trillion. Now, why is this such a big deal . Think about it. Why is it such a big deal . Ding behind that microphone telling us how great the economy was . How great all the spending was . How much it had moved the economy . ,o ok, g. D. P. Is actually reasonable. Its actually pretty good right now. 2. 8 trillion to 3ou trillion deficit in a time when the economy is supposedly doing well . Do you understand these are deficits that would the pandemi. The wheels havethis place isnto actually deal with the reality. When we cant even do a deficit commission, when we sit here and fight for months overgt things that would be rounding errors. Really uncomfort to be say. If youre borrowing uncomfortable to say. If youre borrowing 9 billion a day and were going to shut the place down for months over 16 billion, does anyone see a math problem . We basically burnt this place down f cays of interest. Borrowing. So lets actually walk through whats about to happen to each of you. We use thats the year year going youre going to pay your taxes. Next year, a number of the provisions of the tax 2017, exp. Got it . So lets walk through, lets say you are a middle american. Youre basically working you right now are getting you have a 24 tax rate. Congratulations. You go up to 2 earners, now you have functionally a 37 tax rate. Youre going to 39. 6 . All of the mark nall tax rate marginal tax rates go up and that happens next year. So at the moment this election is over, the negotiations begin on this. And itl the senate finance, who is in the house ways and Means Committee because the math takes off. So lets actually go a littleap. Expiring 2025 tax provisions. Standard deduction. A 14,600 deduction. That goes away next year. And that standard deduction goes tot 8,300. Anyone see a problem . Married. You get a 29,200 today. A year from now, thats gone. You go to 16,600 glad the prest spent a bunch of time talking about how we were going to protect the middle class. And make the economy continue to so just a baseline, the baseline number, and this is already the law, youre a single individual, you make 60,000. You will pay 1,794 more. 1,794 at the end of next year. Thats the law. Its already baseline. So you understand the crazy amount of spending that was talkedbout■ b last week. Theyre already relying on your taxes are goinguple other things so people understand. Expiring in 2025 tax provisions, passthroughs, any of you have an l. L. C. . You know, a family business, a side hustle . You have a little l. L. C. , you make some income . You do some consulting . Maybe youre a fancy subchapter s corporation. Maybe youre one of t you understand, current status, you get to deduct equal to 20 . That was trying to find a way to make it equal so you had the airness for subchapter c corporations. Thats gone. Your going up a whole bunch if youre an l. L. C. Or a passthrough. Employer credit for leave goes away next year. Just goes away. Right now credit up to 25 u get. That was one of the incentives that was built into the 2017 tax reform. Ires, it goes away. Im sure glad this place is stepping up and understanding the expiring provisions and the kick in the head that will be te making the numbers work, right . All right. Another one. Expiring in 2025 provisions, state and local Tax Deduction. Those of you from high tax states, youre giddy. The deduction right now is capped at 10,000. And it goes back, goes back to as high as you great irony hereu have the Bernie Sanders of the world who basically say, eh, this is a tax cut, Tax Deduction for the ultrawealthy. Because almost the vast majority, years ago i came back and did the charts on this and it was somewhere in the 80 , almost 90 plus went to the top 1 2 of income earners. Watch how many of our democrat colleagues fight like crazy for this, even though its a mplete violation of every principle they claim except it happens to be their constituents and their contributors. All a little have a little more darkness here. Expiring in 2025 tax provision, Child Tax Credit and credit dep. Right now you get a couple thousand dollars and it phases out when you get around that 400,000. Andt year its no longer 2,000, it goes to 1,000. And it starts to phase out at 110,000. Not 400,000. This is already the law. This is whats i was delusional. I thought the president would actually talk about, hey, these are the things im willing to support in the tax■ reform and its extensions. Current status. You get 500 per dependent. Its■pa gone. Thats gone. Expiring in 2025 taov some more stuff thats expiring. The current status. 100 of first years bonus deduction through 2022, ts a c well, two months ago now, its still sitting in the senate, where we were just trying to fix some of turns out im going to back track on myself, but this is important. When you hear some of usome andk about being able to deduct research and development, you realize thats not a deduction, ats a depreciation, its a timing effect. You get to take it over five or seven years that you spent all this money developing a new technology, or you can today. But you still take it as a deduction. The difference is if you do it over five years, you have to finance your cost and in todays environment, that financing has got much more expensive. Just like expensing, you buy a new piece of equipment so youry your workers more, so you actually can grow the economy and grow your business. Depreciation, that piece of equipment, do you do it on one day or seven years . Its still the same depreciation. The difference is if you do it o finance the piece of equipment. Ly is that an expense to the government . for our Tax Collections . Its a timing effect. If do you it in the 10 happen year window, it hits, but if you use a horizon, its the same thing. And the economics say you get more growth. Please understand, one of the great advocates for doing the expensing was an ultraconservative president , what was h nf this was his idea. Just gone. Im so glad the president basically said, were not im glad the president said were not going to touch socialo talk about it. In the budget they just dropped they did put money for the Medicare Trust fund but theres nothing there for social. Why am i the only id eat that keeps coming behind these microphones and saying in eight or nine years dbl poverty . Its immoral. But sit just immoral for me . I dont understand why our br walk around here and dont understand, we already have lots of data about the number of baby boomers ending up homeless right now because they weren■tuse the renters for what was happening to rent cost. The spike of homeless baby boomers. And in eight, ■p nine years, sol Security Trust fund, you get a 25 cut. If youre an average working couple in america thats 17,400 you double senior poverty. And i did multiple presentations here, but io, almost a quarter million view, at least 200,000 plus veuns youtube. Someone enough to watch it. Many of the comments were insane. That basically showed the democrats proposal just raise the cap, it doesnt get you anywre the shortfall. Here, ill do this backwards. The first year, year, the very first year, so this my math is this is in 2033 but they want me to usezw 2034 because thats the vetted numb. The first year the shortfall is 616 billion. 616 billion. We know this is coming. We dont want to tell your voters the actual truth, howow s coming at us is. But its math. Its real. The cap on 400,000 p and you only cover about a quarter of this. You still double senior poverty and thats the morality of this place. And look, its not ror democrat. Its demographics. We got old. We only have a fraction of the workers. We got an updatewh was it on friday . A week ago friday. U. S. Fertility rates have collapsed again. So were down to like 1. 63. That means in 15 years the United States has more deaths than births. All these things are fixable. And im just exhausted. I keep coming behind these microphones seeing if anyone cares. Is it too hard to tell the truth. When i the whats a nice way to say the republican industrial establishment fight like crazy to stop a debt and deficit commission, that one of the special interests that finances their group might actually have to step it up. Does anyone actually care about the country . This is the type of crap that takes down a republic. And its not my not republican. Its not democrat math. Its demographics. Its what we are. And heres the chart i get the most complaints about andmaybe , its already out of date. Because we no longer think this number is 116 trillion dit que. Its closer to 130 trillion. This chart now is three years out of date. 100 of the borrowing from today through the next 30 years. From today to the next 30 years. Interest. Al and then if the decision is to backfill Social Security. Thats what you get. And it always goes silent and you always get david, no one wants to see that board. Actualla member come up to me, angriry angrily, in the elevator saying, youve got to stop doing that. I had to face a question at one of my town halls about that chart. But its facts. And once again, a couple of week im an idiot, i came here and showed the chart that says Social Security, you get you a yer, get back every dime. Plus about a 70,000 spiff. Its a crap rate of return you would have done so much better for yo were allowed to take a little sliver and put it in the markets but that ship sailed 20 years ago. Medicare, for every dime you put in,4a youre functionally now getting close to 5 back. Thats primary driver. Were not supposed to talk about that. Driver. Think about what happened. This is my point ive made for years here. We talk about health care. As a financing issue. Not as a reducing the cost of delivering health care. Obama care. Was a financing bil. It was who had to pay, who got subsidized . The republican alternative was a financing bill. Subsidized who o pay. None of these are about what we pay and i will argue theres an that could be bipartisan. Taking on obesity. Taking on diabetes. Being 33 of allealth ca■ spending in this country. What would happen if we could actually make a huge debit in that . That would be the most powerful thing you could do for u. S. Sovereign debt. Income family formation. And just the morality of society. But instead we dont talk about fixing health. Webc■i talk about how were goio raise taxes to finance more of it. Is this place completely void of the think . So lets get into a couple of these charts that ive only hade were building these off of the president s budget that was delivered today. Proposes, the congress disposes, but thats not the point. Whats in there is they give you the latest baselines. Theyre supposed to be honest about the baselines. I started with showing the chart and then actually showing that seven months ago, were now 600 billion or 700 billion more in borrow, it keeps going up. Comparing debt held by the public, projections in c. B. O. s baseline estimate, 2025. Budget resolution, you know from the budget resolution and the 2025 president s budget, we got a math problem. Lly missing each others numbers and if you do it over a decade, understand, the baseline looks like at the end of theadll over 48 trillion. That makes sense. If were clicking off 1 you really think the credit markets are going to keep loaning us money as favorable inte staring down 50 trillion at the end of the decade . Remember, were working on the were supposed to be working on the 2 budget. Comparing revenue projections. In the c. B. O. Baseline estimates for the 2025 resolution and 2025 president s budget. Well. And then you take that and stretch it out over 10t 2034. President s f. Y. Budget projects 70 trillion in deficit spending. Through 2034. And look. Thats just stunning. Because believe it or not, thats like 7 trillion higher than office. Now were just starting to break it, all i can tell you, they have a number on there that is just stunning. We figure out, where did it come from . How is that possible . So thats me. 70 its 7 trillion higher. Thats what it is. We keep going and over and over. Were going to do another presentation in couple of weeks where we try to make this much more understandable. But the point im going at, when i get through these ill try to close on this, madam speaker. The president promised us lots and lots of new taxes. No one has begun■4 do the estimations what it does to the economy. Yet there was almost discussion of what were going to do to make health care actually morewb of, were just going to raise taxes from one group, put it over in the other group and were going to pretend that you can shore it up by taxing rich people. Ok, fine. Im not bleeding ficwhat im ble fact that once you use their wealth to shore up the Medicare Trust fund, how do you plan to take care of social securit which three quarts of the problem. So three times bigger. But you were willing to talk about the one quarter. I guess thats called good politics. Im s polled it all before they got there. But you start looking at the total qume la ty receipts. Lly have Tax Collections. We call them receipts. Thats proper term in the tax world. You know, we actually have aprey keeps say, somehow theyre going to have separate trillion more in tax receipts than baseline. So were going to dig into this and try to understand, where does it come from . Because its not only c. B. O. Its also the fiscal bu. How thec money that appears over the rest of this decade. All right. Two more■ t always helps if you put it the right side up. And we start to understand they expect substantially higher income taxes. Ok. Get ready, gang. Corporate taxes are als payroll taxes, now thats the one that has stayed fairly flat in the way of these new projections and thats what actually finances our Social Security. Thats actually what seasonses what finances, until recently, our Medicare Part a. The numbers just dont line up. U suffer with that. Madam speaker, back to the point at hand. In nine queers, maybe eight years, we double senior poverty. The president said he wants to raise taxes rather dramatically on people with 100 million, because ap million youre a billionaire. Ok. And that may be enough money shore up part of the Medicare Trust fund. But once again, the vast majority of medicare spending is spending. Thats what drives, thats the single biggest driver, that and now interest, of our debt and deficits. But di like last year and new again this year of, well, youre not allowed to talk about Social Security. So theyre willing toble senior poverty. My simple projection is one this congress has decid t the bond market in charge of this government. Because the first moment the bond market doesnt want our borrowing, because remember, see borrowing. Thats about 9 billion a day. Is what were borrowing. Were■ ■d going to borrow, and understand, weve had a couple of months so far this year where we had to borrow money to 3ny interest. ■9 o the and with i yield back. E speaker tempore nder theaks announced policy cherfilusmccormick is recognizedor ms ms. Cherfilusmccormick i ask all members have five legislative days in which to revise and extend their remarks including extraneous material on the subject is matter of the special order hour. It is with great honor that i i rise today to coonsor the c. B. C. Special order hour wit me from the great state of chicago, illinois. For the next 60 minutes, we have a chance to speakamerican peoplf great importance to the Congressional Black Caucus, congress, the constituents we represent and all americans. The health andican black men an. I would like to yield to my collgue, the honorable representative payne from new jersey. Mr. Payne i thank the gentlelady from florida, ms. Cherfilusrm the opportunity to speak today. And also, the gentleman from illinois, her great partner, the honorable Jonathan James who comes from a lineage of Great Service to this nation. Im here tonight because o topic. I was once a black boy. And so the topic important to me. Because, you see, in this mr. Speaker, it seems that there is a the race going on and it appears that sometimes the young men in my community dont receive same consideration, the same opportunities, the same benefit of the doubt other young men are allowed to have. And so im here to talk a bit about lady that has brought us here today, the florida, fredrika wilson has been a consummate advocate for black men boys. So i want to thank my good friend, congresswoman fredrika wilson, for tonight. Shes a strong supporter in efforts to improve the health of black males. She created and now serves chairwoman of the house caucus on the commission for social status of black men and boys. She■ this caucus to uncover these social disparities ■< in our country. And the caucus does e to address that lower the Life Expectancy of black men such as gun illnesd the lack of access to Quality Health care. In fact, congresswoman wilson has done more to improve black mens health than most black men. That is why im honored to be here today her. The health of black males is particularly important to me for two reasons. Black congressman,t to do everything i can to improve the health and wellbeing men. I am the cochair of three different congressional caucuses that deal with health care, the mens health caucus, the colorectal caucus, and the peripheralery disease caucus. And i understand the disparities in health care that exist for black men and all black americans. Studies show black americans do not get the same health care on average as our it causes too many members of our community to die from preventible diseases. Today black men born after 1960 have a Life Expectancy of 61. To quote congresswoman wilson, we do not even live long enough to collect our■ial security. The second and most important reason is that i am diabetic. And i have to■ mon m on a daily basis. Unfortunately, too many black men do not monitor their health on a consistent basis,b that is one reason the Life Expectancy of black men is so low. They fail to get regular checkups and health screenings. They wait to see a doctor until they have a reason. And that can allow a minor health issue to become a major one. So i this issue because it means so much to me as a black man but i do not. Id love to give my colleagues here their opportunity to express their concern about thi. And with that, mr. Speaker, ill yield back. Ms. Cherfilusmccormick thanki. Id like to yield to my colleague from the great state of florida, ms. Fredrika wilson. D mrs. Wilson thank you, madam chair. Im honored to be here on the floor of the u. S. Capitol to kick off this most special order hour on blacken and boys. I am congresswoman fredrika wilson, chair of the u. S. Commission on the social men ane congresswoman representing floridas 24th district. Can call me fredrika prevention wilson because thats what i do. ■f i believe, like frederick douglass, its easier to build strong children than to repair broken men. Thus, as a woman and even during womens History Month, i wtoentr fathers, our brothers, our uncles, and our sons. We have wasted f too much time allowing conditions to fester that work to break extinguish the lives of black boys before they become men. I refuse to allow black men to be among the highest mortality rates on average, dying before they can collect their Social Security checks. To let this happen on my watch. I have to speak up. And as members of congress, wev. So those of us who are here tonight are here to speak up for black men and boys. This is such an important topic near and dear to my heart because of what were doing committing to make 2024 the year of black men and boys. I want to take a momt an membere Congressional Black Caucus of the commission on the social