On the recordJanuary 31, 2013
thanks in part to filmmaker Steven Spielberg, there is renewed interest today in America's 16th President, Abraham Lincoln. A century and a half ago, during one of the most critical times in American history, Lincoln faced a nation divided by ideology and war. Only through fierce determination and moral courage was Lincoln able to preserve the Union. Today, we again are in an ideological divide. Too often, Congress fails to agree on key social and economic issues. Politics is winning out over progress. Like the America of the 1860s, the unwillingness to compromise has crippled our ability to move forward as a nation. As we discuss America's fiscal responsibility today, I would like to share the words of Lincoln. One of my favorite quotes is this: ``You cannot escape the responsibility of tomorrow by evading it today.'' As a nation we have a responsibility to fulfill existing commitments to pay our bills, and it is a responsibility we cannot evade. As we know, the Federal Government officially hit its current authorizing spending limit--also known as the debt ceiling--on December 31, 2012. Over the past month, the Treasury Secretary has been using extraordinary measures to continue funding the government and sending out Social Security checks and veterans' benefits. Treasury's action only bought limited time. The debt limit deadline was moved from December 31 to mid-February or early March.…





