On the recordMarch 8, 2022
as I have said repeatedly, I absolutely support getting something done to reform the Postal Service, but it cannot come at the expense to American taxpayers. The Federal debt has already surged above $30 trillion, and it just keeps growing and growing. I wrote to the Congressional Budget Office, asking what the future cost of this bill would be to Medicare and how it would impact the debt. While they could tell me there would be at least $5 billion in new deficits, they couldn't provide data past 2031, when Medicare will be most affected by this proposal. Here is what we know for certain: This bill doesn't reduce costs; it just shifts them from one unfunded government program to another. This bill adds at least $6 billion in new costs to Medicare, with no way to pay for it, and adds at least $5 billion to long-term Federal deficits. That is unacceptable. It is why I am raising a point of order today. We have to stop driving America deeper into debt and finally be accountable to the American taxpayers. I urge my colleague to vote no on the budget point of order. The PRESIDING OFFICER. The Senator from Vermont.
