On the recordMarch 15, 2011
This amendment, No. 199, would save taxpayers $200 billion. Recently you have seen some discussion, but I think the American taxpayers are actually baffled that there is not more discussion up here. We have proposals of a deficit from the other side of $1.65 trillion and yet we are not down here discussing this. We have not passed a budget. We have not passed any appropriations bills this year. The American people wonder what we are doing. You wonder why the American people say Congress has about a 13-percent approval rate? Why are we not today talking about a budget? Why are we not talking about appropriations bills? Why do they not come out of committee? Then when we get to the proposals, look at the proposals. In the red we have the deficit, $1.5 trillion, maybe $1.6 trillion. Here we have the proposals. The other side, you cannot even see without a magnifying glass, $6 billion. We borrow $4 billion in 1 day. We spend $10 billion in 1 day. And the best they can do is $6 billion for a whole year. Our proposal is a little bit better but still does not touch the problem, $61 billion in cuts. It sounds like a lot of money. You know what, we increased spending by $700 billion, and now we are going to nibble away at $61 billion. But put it in perspective. Saving $61 billion on $1.5 trillion means that either proposal, Republican or Democrat, is going to add trillions of dollars to the deficit. I am proposing something a little more bold. I am proposing $200 billion in cuts.…
Source
govinfo.gov




