On the recordFebruary 9, 2012
I thank the Chair. I think Senator Inhofe and I will have to talk about how we are going to yield back and forth, but at this point I had not finished my remarks and I wanted to respond to his. We are here as partners on this bill. We are not partners on a lot of things. And I didn't say, when I opened my remarks, where we are not partners, but my friend did, so I am going to respond to his opening comments in which for some reason he wanted to open by saying that the one place we differ--and he is right on this--is that he blames President Obama for the deficit. Now, I want to put this on the record: I do not. Let me tell you why. When Bill Clinton was the President of these United States, he turned over a booming surplus of $236 billion to George W. Bush, and it didn't take him but the blink of an eye to turn those surpluses as far as the eye could see into raging deficits, and he left President Obama a $1.4 trillion deficit, for which my colleagues on the other side blame President Obama. Not only did George W. Bush leave him this kind of deficit, but he left him the worst recession since the Great Depression, a total collapse of Wall Street, bleeding jobs--800,000 a month. Yet we have turned it around. The President has shown magnificent leadership--saved Detroit. My friend further said that another place we disagree--and he is right--is that President Obama is driving manufacturing overseas. No.…





