On the recordJune 30, 2011
First, Mr. President, I thank my colleague from Oregon. Once again, he is forthright, he is courageous, he is on the money, and people should listen to him because he says a lot of good things about a lot of subjects, including this one. I appreciate what he has said. After weeks of stops and starts, we are now approaching crunch time in the debt ceiling talks. I believe a grand bipartisan bargain is possible but only if my colleagues on the other side of the aisle take off their partisan blinders. Neither side can afford to cling to their ideological positions any longer. To get the economy humming on all cylinders again and avoid a default crisis, we need to say goodbye to a few sacred cows. Yet, mere weeks after voting to repeal ethanol subsidies, the other side's leader, the Senator from Kentucky, has drawn a line in the sand against including any and all revenue changes in the debt deal. He has said that repeal of special interest tax breaks is ``politically impossible.'' Well, that is a curious idea given that the Senator from Kentucky and 33 of his colleagues are on record as supporting the end of ethanol giveaways. It seems Leader McConnell would rather end Medicare as we know it and force cuts to Pell grants and cancer research than institute a little shared sacrifice. On this side of the aisle, we want to repeal tax breaks that have no purpose whatsoever other than to bloat our budget deficit.…
Source
govinfo.gov




