Political Quotes

“Mr. President, I rise to speak in opposition to an amendment offered by the Senator from Oklahoma. Once again, we find ourselves debating an amendment that at first blush sounds like a good thing. But when Members take the time to actually read the amendment and understand the programs it impacts, they will discover this amendment causes harm to our national and international security and to our economy. Let me begin by discussing the last section of the amendment, section 16. Section 16 of the Coburn amendment is based on assumptions that reflect a lack of understanding about both what constitutes discretionary unobligated balances as well as about Federal funding and oversight for certain critical procurement programs. The Senator from Oklahoma claims that $100 billion would be rescinded from an estimated $657 billion in unobligated balances. First, this amendment assumes a rescission amount based on erroneous assumptions. Specifically, the majority of the $657 billion in unobligated balances would not be eligible for rescission under criteria outlined in the amendment because they are either mandatory funds or they are not older than 2 years. Second, because of the small amount of unobligated funding eligible for rescission, this amendment indiscriminately rescinds prior year unobligated funding from certain critical programs, jeopardizing our national defense, our homeland security, our economy, and the well- being of our citizens.…”