Mr. President, I rise today to offer amendment No. 509 to the underlying bill, S. 679, which is the Presidential Appointment Efficiency and Streamlining Act of 2011. I am pleased to have Senator Tom Udall and other cosponsors of this bipartisan amendment. The aim of the amendment is very simple and straightforward. It would preserve the Senate-confirmed status of our Nation's major chief financial officers. I appreciate very much the thoughtful efforts behind the underlying legislation that is before us today. I want to particularly commend my colleague, Senator Collins, who is on the Senate floor, Senator Lieberman, as well as Senator Alexander and Senator Schumer, for their hard work in being sure the nomination process is streamlined. Having been through the process twice myself, it could use some streamlining, and I know they will continue in their efforts to reduce even more some of the barriers to public service so many people feel, and I look forward to working with them. Having said that, in terms of the specific issue of the chief financial officers, I think it would be a mistake to take them out of the confirmation process and a very unwise thing to do at this point in our Nation's history when we are facing such serious financial challenges. These are, after all, the chief financial management people and the chief budget people in our agencies and departments. We need them right now to be at the highest level possible.…
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