On the recordJanuary 25, 2010
Mr. President, today is the Senate's fourth day of consideration of the joint resolution to increase the debt limit. I remind my colleagues this is the legislation that allows the government to honor its commitments to pay its bills. Four amendments remain pending: The substitute amendment raising the amount of the debt limit; this Senator's amendment to protect Social Security; the Conrad-Gregg amendment to create a fast-track process to consider the budget commission's recommendations; and the majority leader's amendment reinstituting the statutory pay-as-you-go budget law. Up to seven 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. We expect she will seek to address this matter through a freestanding resolution of disapproval rather than an amendment. The remaining six amendments in order are a Coburn amendment proposing a package of rescissions; a Sessions amendment creating caps on appropriated spending; an amendment by the Republican leader's designee relevant to any on the list; an amendment by the majority leader relevant to any on the list; and two amendments by this Senator regarding the budget commission. Under the previous order, every amendment to this joint resolution will be subject to a 60-vote threshold. The Senate will not, however, conduct any rollcall votes on the debt limit today.…





