On the recordJanuary 22, 2010
Mr. President, today the Senate resumes its third day of consideration of the joint resolution to increase the debt limit. We continue our discussion of whether Congress will allow the government to honor its commitments to pay its bills. Yesterday, the Senate disposed of the Thune amendment to terminate the Treasury Department's Troubled Asset Relief Program. Today, three amendments remain pending: the substitute amendment raising the amount of the debt limit, this Senator's amendment to protect Social Security, and the Conrad-Gregg amendment to create a fast-track process to consider a budget commission's recommendations. Up to eight other amendments remain in order to the joint resolution. The Senator from Alaska has the right to offer an amendment on the Environmental Protection Agency's endangerment finding. The Senator from Alaska spoke on this subject yesterday, and although I do not by any means wish to speak for the Senator from Alaska, it appears from a statement yesterday that she seeks to address the subject matter as a freestanding resolution of disapproval rather than an amendment. The majority leader also has the right to offer an amendment reinstituting the statutory pay-as-you-go budget law. We hope we might see that amendment today.…





