On the recordJuly 30, 2011
I would first like to commend and thank Senator Reid for his tireless and relentless hard work, and my Democratic colleagues, but also some of my Republican colleagues-- Senator Johnny Isakson, for example--who have demonstrated their determination to work together to reach an agreement. You know I am new to Washington. I haven't been here for long, but I understand more than ever why Americans are so frustrated and often appalled about what goes on here. This situation is outrageous. We have an impending crisis--self- created--and devastating possible wounds--self-inflicted--and Washington is deadlocked. Washington is gridlocked and straightjacketed by self-imposed dysfunction, unable to take action to protect its citizens from a financial catastrophe. Our Nation is at a crossroads, and we need to rein in spending, cut the debt and the deficit, and make the tough choices necessary to get our fiscal house in order. And we need to do it now. The latest economic news provides all the more reason for the tough choices and solutions we need now. It shows our economic recovery is anemic and fragile. Uncertainty is the enemy. It is the enemy for businesses that are deciding whether to hire; for banks wanting to loan money to those businesses; for larger corporations sitting on mountains of cash waiting to invest and create jobs. Jobs and our economy are the main reasons to make tough choices now. We cannot keep kicking cans down the road: the time has come to act.…





