On the recordJanuary 24, 2012
Mr. President, in listening to some of our colleagues on the other side of the aisle--both in speeches here and in press statements they have made--I repeatedly hear them saying we have not had a budget for 1,000 days. That is just wrong. That is absolutely wrong. Sometimes I wonder if our colleagues are paying attention to what goes on here on the floor of the Senate. Have they already forgotten the Budget Control Act? Here it is. On August 2nd of last year, the Budget Control Act passed this body 74 to 26. More than half of our Republican colleagues voted for it. Didn't they know what they were voting on? The Budget Control Act contains the budget for this year and for next year. Weren't they paying attention? Don't they know what they voted on? In many ways, the Budget Control Act is stronger than a typical budget resolution, and it is stronger in these ways: No. 1, it is more extensive than a traditional budget resolution. No. 2, it has the force of law. Unlike a budget resolution that is not signed by the President, the Budget Control Act that we passed last August, that provides the budget for this year and for next year, is a law passed by the House of Representatives, passed by the Senate, signed by the President of the United States--the Budget Control Act. It also set discretionary caps on spending for 10 years instead of the 1 year normally set in a budget resolution.…





