I appreciate the gentleman's courtesy in permitting me to speak on this measure. What we are dealing with today is a smokescreen to obscure the self-inflicted crisis of confidence that has been unfolding with our friends on the other side of the aisle over the course of this last year. Everybody knew that we would honor our debts that had already been incurred, but they fogged the issue, created doubt, pushed to the brink. And this charade today is a result of what was required to help them get off the ledge onto which they had climbed, that risk, damaging the credibility and creditworthiness of the United States. The issue should be how we spend money. We need to change how we do business, and I think, with all due respect, there are things that we could be working on now to make some progress. There is an opportunity to reform our tax system that is complex and unfair. We're just finding out that Mr. Romney, worth hundreds of millions of dollars, pays less in tax than probably the undocumented workers who worked in his yard. There are opportunities to deal with carried interest, with unnecessary tax breaks that are permanent for oil and gas while important emerging technologies like wind are in a state of limbo. And the public agrees that the most fortunate among us should be paying a little more. It's only fair, they can do it, it makes a difference.…
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