Mr. President, just on the note that the Senator raised, I want to make clear that I have heard over and over: No budget resolution has passed in 1,000 days. What is not being said is that instead of a budget resolution last year, the Senate and the House passed the Budget Control Act. The Budget Control Act is not a resolution, it is a law. A resolution, as all Members know, is purely a congressional document. It never goes to the President for his signature. Last year, instead of a budget resolution, this body and the other body passed legislation called the Budget Control Act that set a budget, budget limits, and spending limits for this year and next. Actually, it went even further: It set 10 years of spending caps. A budget resolution usually only sets 1 year of spending caps. So I wanted to make clear that instead of a budget resolution being passed last year, the House and the Senate passed the Budget Control Act to set spending limits for this year and next and for the 8 years beyond. In addition, the Budget Control Act established a supercommittee and gave it special authority to reform the tax system and the entitlement system and said that if they could come to an agreement, they would not face a filibuster. With a simple majority, we could reform the tax system and the entitlement system here in the Senate.…
Share & report
More from Kent Conrad
I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.
We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.
We had literally hundreds of people and groups come before this commission. We listened intently for all sides on how we could fix these challenges.
Mr. President, I ask unanimous consent that on Wednesday, January 2, the majority leader be authorized to sign duly enrolled bills or joint resolutions. The PRESIDING OFFICER. Without objection, it is so ordered. ____________________





