I thank the gentleman for yielding. Let's just cut to the numbers and what this bill does. We've got a $14 trillion debt. This is going to raise the debt ceiling $2.4 trillion. It's going to achieve a savings of $18 billion in the first…

Madam President, I appreciate the comments of my colleague from Indiana whom I heard a moment ago. I think he is absolutely right. We have deeper and more important problems we need to address, along with the important decisions we make…

Here is how we can take a couple steps back from the brink of a default. First, raise the debt ceiling until December 31, 2012, without its being contingent on cuts to Social Security, Medicare or Medicaid, or increases in taxes, or cuts…

There's something missing in this entire debate. Over the course of the last 30 years, in the 1970s, if you would have seen the real income for the top 1 percent, it accounted for about 9 percent of real income. Today the top 1 percent…

I thank the gentleman for yielding. Our national debt stands at a staggering $14.3 trillion and we currently borrow more than 40 cents on every dollar we spend, and our President and Democrats in the other body say that a balanced budget…

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. The PRESIDING OFFICER (Mr. Lieberman). Without objection, it is so ordered. ____________________

Mr. President, August marks the start of a new school year for more than 1.8 million students in Ohio. It is a time of excitement and nervousness as students prepare for challenging classes, different classmates, and new teachers. As the…

Mr. President, I ask unanimous consent the Senate proceed to the immediate consideration en bloc of the following resolutions, which were submitted earlier today: S. Res. 242, S. Res. 243, S. Res. 244. The PRESIDING OFFICER. There being no…

I ask unanimous consent the preamble be agreed to, the motion to reconsider be agreed to, with no intervening action or debate, and any statements be printed in the Record. The PRESIDING OFFICER. Without objection, it is so ordered. The…

Mr. President, I know of no further debate. I ask the Senate to vote on the adoption of the resolution. The PRESIDING OFFICER. Hearing no further debate, the question is on the adoption of the resolution. The resolution (S. Res. 175) was…

Mr. President, I ask unanimous consent the Senate proceed to Calendar No. 113, S. Res. 175. The PRESIDING OFFICER. The clerk will report the resolution by title. The legislative clerk read as follows: A resolution (S. Res. 175) expressing…

I ask unanimous consent the committee-reported substitute amendment be agreed to; the resolution, as amended, be agreed to; the committee-reported amendment to the preamble be agreed to; the preamble, as amended, be agreed to; the motions…

Mr. President, I ask unanimous consent the Senate proceed to the consideration of Calendar No. 114, S. Res. 216. The PRESIDING OFFICER. The clerk will report the resolution by title. The legislative clerk read as follows: A resolution (S…

I thank the Senator for that comment and question. This is clearly more dangerous for our economy and our country, from Wall Street to Main Street, than what happened when they closed the government down 15 years ago or threatened to a few…

That is surely not my impression. I appreciate the comments from the assistant majority leader from Illinois. I listen to the words, as I have read, that Ronald Reagan said. The debt limit was raised 18 times in the 8 years of the Reagan…

Mr. President, too many Ohioans are struggling--as are people all over the Nation--in this economy. They are watching Washington with disgust as some politicians are risking economic catastrophe. The House of Representatives continues to…

Mr. President, I ask unanimous consent that Taylor Eggleston, an intern in Senator Paul's office, be granted the privilege of the floor for the remainder of this day. The PRESIDING OFFICER. Without objection, it is so ordered.

I thank the ranking member, Ms. Slaughter, for her generosity. I advise my colleagues, budgets will balance when people go back to work. I rise against this amendment, the rule, and the underlying bill as ``inartful'' dodges from…