Talk Radio News Service: News, Politics, Media

by Christina Lovato, University of New Mexico-Talk Radio News Service

In the midst of Congressional infighting over the $3.5 trillion budget proposed by Democrats, House Speaker Nancy Pelosi is calling it responsible.

Republicans say the budget proposed by Democrats will put the U.S. in ruinous debt with unnecessary spending, and will create no assurance of a return for such a substantial investment.

“The difference of opinion on these budgets is indeed a difference of principle,” said Pelosi this morning at a press conference.

Pelosi said the proposal provide a tax cut for 95% of Americans, which, she said, will bring more fairness to the tax code.

“It’s about the principle of opportunity,” said Pelosi. When asked what investments for education the budget will bring, Pelosi answered: “It’s about opportunity in education, about fairness in our healthcare, about fairness in the tax code, it’s about security.”

Pelosi said that under her watch, Congress has done more for education than any in one time in U.S. history.

Pelosi called the Republican budget proposal a “hollow shell of a budget” and that the increase in tax cuts to the wealthy makes an assault on social security benefits, medicare, and medicaid.

When asked about the how the legislative agenda will continue after the break, Pelosi said Congress have to first “reconcile” the budget.