I regret that I have to disagree with my chairman. The Byrd rule has proved such an important measure to maintain budgetary discipline. It has brought about the present happy circumstances; and this is no time, in our view, to move back to…
Patrick Moynihan
The Public Record
I believe it is probably the case, although we are not supposed to mention such things on the floor, that the family may be present. I welcome them and congratulate the Senator on such a fine progeny.
The Senators from Hawaii have identified a true problem with the estate tax, and they have proposed a very meritorious solution. Let me assure the two Senators that I will do all I can to include this proposal in any estate tax relief…
I repeat, sir, that the 1993 measure was part of a long-range effort to restore actuarial balance to the Social Security and Medicare systems. It treats Social Security income, retirement income, as all other retirement income is treated…
I am sure he knows as he invokes the image of the Four Horsemen that at this very moment the Congressional Gold Medal has been bestowed on Rev. Theodore Hesburgh, the president of the Notre Dame football team, which embodies the spirit of…
I have now served 24 years on the Finance Committee, and the last 20 years has been a continued frustration in our disinclination and refusal to make the research and development credit permanent. It is elemental that research projects go…
Does he not recall that in 1980 the Office of Management and Budget projected a large surplus for the Federal budget in the coming 5 years?
Therein, sir, lies the difference between the Democratic and Republican parties. I know of no such farmer; my friend from Delaware does. What more can I say? How pleased I am for him; how regretful I am for the toil-driven…
My dear and esteemed chairman says he knows a family farmer whose farm is worth more than $2 million.
Fine. I would simply close by saying, sir, as to the matter of worker rights, the amendment to the CBI legislation offered on this matter was offered by Senator Levin, which I cosponsored. It provided that the President must take into…
We have not, sir, as is evidenced by the fact that I believe we have done it 18 times including the Bill of Rights, which was basically part of the Constitution.
This is a moment of high achievement. Is there anybody about who can remember when a substantive piece of legislation affecting millions of Americans and dealing with the Social Security Act would pass this Chamber 100-0? I can't in my 24…
I rise to express great appreciation on my part to my revered friend and colleague, Senator Schumer, and to Senator Leahy, Chairman Hatch, Senator Lott, Senator Daschle, and all Senators for their vote confirming the nomination of Judge…
I get to the point, and I don't make it in any hostile manner. I just say the complexities of the world, just that part of it, are very considerable. I am reluctant to see such categories enter trade law. No one has ever asked whether the…
I am aware of that, and I recognize that is a very reasonable thought. But I do know, from some experience in that part of the world, that citizenship is not a standard statutory entitlement of the individual, as it would be--well, even in…
I join my chairman in saying this is a valuable amendment. Having been involved in drafting the legislation in 1962 which created the Trade Adjustment Assistance Act, I think this is an important extension of the same principle. It is…
And it is in our interest to do it. We have heard talk about the subsidies of the European Union, and so forth. You do not get anywhere with subsidies.
May I inquire, will you say that again and again and again? The United States has the lowest tariffs of any major economy in the world.
The only outcome of having negotiating power and a negotiating round is to reduce the tariffs of other people.
But, sir, would you allow me? If we let this calamitous event take place of bringing down this trade bill there will be plenty of blame to go around, too.
In terms of how we are progressing and what we are learning, the Senator mentioned we have the lowest unemployment rates in 30 years, and for the longest time we also have had the lowest inflation rates.
It gives them a different mix of costs and profits, and that turns out to make them viable again.
We will have broken our word to them, that by accepting open trade policies in the aftermath of which there would be dislocations, the economy at large and the society would make arrangements for them to transfer to other work with other…
200,000 this year, up from 150,000 last year. This is not a diminishing program. As trade grows, this number grows.
This is wonderful news indeed. The Institute of Museum and Library Services provides essential support to our nation's 8,000 non-Federal museums and, through a different appropriation, 120,000 libraries. It goes about its business quietly…





