one of my goals for this debate is to fight what I see as an erosion of fiscal discipline in the budget. I have offered an amendment to fully--I planned on offering an amendment to fully budget for the war, a war we know we are going to pay for but we are underbudgeting for by about $100 billion. I had planned on offering an amendment to tighten the requirements on reserve funds so they cannot be gimmicked into adding billions of dollars in spending. I plan on offering an amendment to curb the use of time shifts to allow budgets to falsely make claims on spending levels when the true picture is unchanged. I had planned on offering an amendment to allow authority to fight Medicaid waste, fraud, and abuse to be extended. I am offering another ``truth in budgeting'' amendment now. I think we need to work harder to tie what is in this budget with what is actually going to be spent by the U.S. Government. As a component of that work, I want to add an amendment--an amendment I intend to vote against, but an amendment I think needs to be a part of this process--that will budget for some of the rhetoric we are hearing on the campaign trail. Three of these amendments could be offered, but I am going to offer only one. Senator Obama has offered 188 campaign proposals that would add up to at least $300 billion in new annual spending. That has a 5-year cost of more than $1.4 trillion. Of the 188 new spending proposals, the $300 billion pricetag only covers 111 proposals.…
Wayne Allard: “one of my goals for this debate is to fight what I see as an erosion of fiscal discipline in the budget. I have offered…”
Editor's note · Context
Discussing fiscal discipline and budget amendments during a Senate debate.
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