On the recordMarch 16, 2006
my amendment is offered in an attempt to save some money. If my amendment were to pass, we would cut $500 million from this appropriation. Everybody knows that this is a huge appropriations bill and that it is a supplemental. It does not fall under the category of the budget rules. It is $92 billion. It involves the finances of our military approach to our foreign policy around the world, which is two-thirds of this funding. The other third, 19 or $20 billion is for domestic use. It is a huge sum of money. And we are doing this at a time when we are running a deficit, our national debt at least is going up over $600 billion a year, and we are concerned this week about raising the national debt limit to over $9 trillion. It is unfortunate that's the way the system works around here. It is very difficult to cut anything. My amendment is an attempt to seriously consider the problems that we have in reining in the spending and living within our means. The major point I make here is by cutting $1 billion from the military portion of the bill it makes the point that we spend way too much on military operations. We spend more on military operations around the world than all the other countries of the world put together. And we do not have a lot to show for it.…
Source
govinfo.gov




