Thank you, Mr. Chairman, for allowing me to speak in support of this bill. I came on as a freshman, and in January of this year we were already talking about this moment. For months, the conversation has been: How do we reach a point of agreement? There have been lots of different ideas floated around. Very few of those have been put down in writing. But the ideas that have been floated around seem to circle around a central theme: How can we find a middle ground to be able to resolve this issue? I propose this bill is that middle ground. The debt reduction that's in it was a framework that was formed in the Biden talks. The Select Committee that's in it is something very important to the Senate, that Harry Reid raised that idea. The proposal to have a balanced budget amendment is very important to Republicans to say, Let's have a moment to be able to discuss that. And the statutory caps that are coming are very important to Republicans. This is a bill that has been discussed in its essence and in its core in a bipartisan fashion. And while we search for a compromise, I would suggest we have found it. And we are about to vote on it. This is a moment to be able to look at it and say it is not the draconian monster that it has been described as. It allows a simple way to be able to handle one of the most difficult issues that we have dealt with in a very long time.…
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