Max Baucus: “on January 23, something marvelous happened. What was that? The House, on a strong bipartisan basis, passed a bill which…”

“on January 23, something marvelous happened. What was that? The House, on a strong bipartisan basis, passed a bill which would raise the debt limit, which would extend the debt limit to May 18. It was bipartisan. Speaker Boehner is to be commended. This town is criticized for its lack of working together because it is just too partisan. Speaker Boehner found a solution to help us relieve the pressure so we can get our job done and get the deficit spending under control. The method suggested by the Senator from Ohio is a step backward. We have tried that. We tried that a couple of years ago, and it didn't work. We all remember August 11, when the markets basically collapsed when the credit agencies began to downgrade our debt. So I say let's follow the lead of the bipartisan Speaker, who found a way through great leadership to pass a provision. We should pass the same provision because if we don't, then we will be back to chaos. The PRESIDING OFFICER. The Senator's time has expired.”