On the recordMay 16, 2012
Madam President, last year the Budget Control Act became the law of the land, and it set discretionary spending limits for security and nonsecurity spending for not just 1 year but for 2 years. It puts us on a path to reducing the deficit by more than $2 trillion over the next 10 years. We now hear claims from our friends on the other side of the aisle that we don't have a budget. I guess if one says say it often enough people may believe it. But it seems our Republican colleagues have selective amnesia about the Budget Control Act. We have a budget. It is called the Budget Control Act, and it has the force of law, which is more than we can say for any of the proposals before us today. So today's debate makes me wonder if we are on a dance floor instead of the Senate floor because we have already taken one step forward and now it is two steps back. These Republican proposals call for extreme cuts on the backs of seniors, students, and the most vulnerable in our society without asking any contributions from millionaires and corporations. That is not fair, it is not balanced, and it doesn't reflect the priorities of New Jersey's middle-class families. I strongly believe we must get our Nation's fiscal house in order, and I have always supported a fair and balanced approach to reducing our deficits.…
Source
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