Cruz strongly opposed the last budget deal and wants to institute five reforms to save more than $500 billion in 10 years.
“It is difficult to find a better illustration of the Washington cartel then the charade we are engaged in this evening. This deal that we are here to vote on is both shockingly bad and it is also a manifestation of the bipartisan corruption that suffuses Washington D.C.”
What the House of Representatives has passed and what the senate is expected to pass shortly is a bill that adds 85 billion dollars in spending increases. 85 billion dollars to our national debt, 85 billion dollars to your children and my children that they’re somehow expected to pay. I don’t know about your kids but my girls don’t have 85 billion dollars laying around in their rooms. It’s put together in a way only Washington could love. The spending increases, when do they occur? Surprise to nobody 37 billion in 2016, 36 billion in 2017, 12 billion in 2018. But we were told fear not there are some spending cuts to offset them and wonderfully, miraculously, ostensibly there’s supposed to be a few spending cuts in 2020, 21, 22, 23, 24 and at the very end 10 years from now when my daughter Caroline will be getting ready to graduate high school (she’s 7 now). Ten years from now we are told 33 billion dollars will be cut in 2025. Well Mr. President if you believe that I have a bridge to sell you in Brooklyn and I have some beach front property in Arizona for you. Nobody in this chamber believes that. Nobody in the House of Representatives believes that, no member of the press believes that. Everyone understands this is a lie. It is an agreed to lie by everyone. We’ll spend now for a promise that ten years hence we’ll magically cut spending that will never ever ever occur.”