Madam President, just briefly, I wish to address this question of why we on our side have not laid down our budget proposal. Let me repeat, we are in an unusual year. This is not going to be a circumstance in which there is a Republican budget, a Democratic budget, you go to conference committee, and they are resolved because we have a new process underway at the leadership level involving the White House. This is what the Republican leader himself said about that process: [T]he discussions that can lead to a result between now and August are the talks being led by Vice President Biden. . . . That's a process that could lead to a result, a measurable result. . . . And in that meeting is the only Democrat who can sign a bill into law; in fact, the only American out of 307 million of us who can sign a bill into law. He is in those discussions. That will lead to a result. We do not need a Democratic budget and a Republican budget. We need an American budget. We need a budget that is bipartisan because all of us know that is the only budget that can possibly be adopted. The Republicans control the House of Representatives. The Democrats control the Senate. The only possibility for us to make progress is a bipartisan budget. That is why I was deeply involved in the process on the President's fiscal commission--18 of us for 1 year--and it is the only place a bipartisan budget has so far emerged.…
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I watched as a new Senator your work as a Democrat on fiscal accountability. You, in fact, were a deficit hawk among Democrats.
Mr. President, I also pay tribute to my friend and colleague, Senator Olympia Snowe, who is retiring from the Senate after 18 years of exemplary service representing the people of Maine. Though thousands of miles apart, Maine and North…
Finally, Mr. President, I am proud today to honor my colleague from Virginia, Jim Webb. In just 6 years in the Senate, he has proven himself to be an agile and independent thinker on both military matters and issues of economic fairness…
The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.





