On the recordDecember 12, 2012
the headline news for the last many weeks has been the fiscal cliff. In speaking to the President 6 months before the election, a few weeks before the election, a few days before the election and immediately after the election, he indicated we needed to get our financial house in order, and that his goal--to do just that. But to do that, and because of past experiences, he laid out what he wanted, and it is very simple: The rates for those who have been blessed with economic security in this country will have to be a little higher and middle-class Americans will keep the same tax structure they have had for the last many years. He will not raise taxes on the middle class, but those people who have done well will have to pay a little bit more. The American people think this is the way it should be. Now just a little bit of history. I have said this before, but I will go into a little more detail today. When I first became the leader, I took a trip with a number of Senators to South America, countries that we American Senators had never been to, such as Bolivia. It was a wonderful trip. It was great for our country and good for the Senators to learn more about that most important part of the world to America. I was very fixed on who I wanted to go on that trip with me, but the two I asked to go were Judd Gregg of New Hampshire, who had been chairman of the Budget Committee, and Kent Conrad, who was the chairman of the Budget Committee at the time.…





