On the recordJuly 26, 2012
first of all, I would like to say I support all three of these measures, in terms of their passing. What I don't support is continuing the habit that has put this country $16 trillion in debt. To clarify, as a member of the Finance Committee, if one reads my opening statement at that hearing, in that markup, I objected to this bill on the basis of pay-fors. I offered two separate amendments that, on the floor, everybody would agree are germane because the money to pay for the $200 million comes out of trade areas. Yet they were rejected as nongermane by the chairman. So they weren't offered because he said he would reject them. So to create the impression there was no objection to the pay-for in this bill and that everybody agreed is inaccurate, to say the least. I called Senator Coons of Delaware, who is interested in this, and I called Senator Baucus when this came up, and I told him I have a plan so we can get this all done this week. I was willing to lose a vote on the amendment to have an opportunity to offer the amendment and give my side of the story by splitting these two so the House could pass it. The House has now gone home. Burma sanctions are no longer available to be passed, except if we were to do something extraordinary with the House, which I understand from the Speaker can happen. So Burma sanctions could happen this week. But I wish to go back to the more important point.…





