On the recordApril 12, 2013
I thank the gentleman. The way to do that plan of how to amortize our debt and invest in the priorities of this country--education, innovation, infrastructure, other basic biomedical research to which the gentleman referred--is to have a budget. That's the plan that the gentleman refers to. The way to get to a budget is to go to conference and come to an agreement. However, I will tell my friend what the problem we've had is: reaching compromise, and it's going to be necessary to compromise. As the gentleman observed and as I know, we have very substantial differences, but if the differences continue to create gridlock and no action, those children of which you spoke and I speak are going to suffer, so I would hope that we could move forward. The President's budget, I will tell the gentleman and as he probably knows, has about an almost 3-1 ratio between cuts and additional revenues, which is essentially, approximately, what most on the bipartisan commission--some have been 2-1, some 2.5-1--have recommended. I know the gentleman disagrees with that ratio, but it is certainly the President's view, which I share, that he has made a very positive proposal whether you agree with it or not, and a number of your Members have observed that it's a useful document. Given that context, hopefully, we can go to conference. Hopefully, we can come to agreement. Hopefully, we can see compromise reached, and hopefully put our country on the fiscally sustainable path that it needs to be.…





