Madam President, I rise today to talk for a short period of time about the magnitude of our budget, debt, and deficit. Against the backdrop of a debt ceiling increase, Members of both parties are going to today, likely, repeal one of the deficit reduction measures included in the bipartisan budget agreement that was approved less than 2 months ago. How do we convey to the Nation the seriousness about solving the debt crisis when at the first sign of political pressure we repeal one of the deficit reduction measures? As we all know, the Ryan-Murray budget deal included modest reductions in some spending programs over the next 10 years in order to increase discretionary spending caps in fiscal years 2014 and 2015. I voted against this agreement because I thought the spending cuts did not go far enough. I do not think we are treating our debt and deficit seriously enough. Second, I have been down that road of trading spending increases today for spending cuts later many times. It does not work. We have seen that play before. We know how it ends. Year after year Members of Congress simply refuse to stick to the budget discipline we said we would stick to. Exhibit 1 is before us today. The Congress is about to undo--in fact, repeal--one of those provisions, as I mentioned.…
On the recordFebruary 12, 2014
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