I will vote today for H. Con. Res. 25, authored by Budget Committee Chairman Paul Ryan, because we have a duty to address our nation's looming fiscal obligations. As I have repeatedly said, we cannot continue to kick the proverbial can down the road. I want to be clear: I would prefer to vote for a bipartisan budget modeled off the Simpson-Bowles plan. It could be improved by incorporating changes in existing law and other proposals, such as the discussions between the president and Speaker Boehner, and plans offered by Alice Rivlin and Pete Domenici, and Rep. Ryan and Sen. Wyden. Like the Ryan plan before us today, I do not agree with every line in the Simpson-Bowles plan. However, I continue to believe that a budget based on this model is the only plan that can put our nation on a sustainable, long-term path to replace sequestration and reform our nation's entitlement programs so they will exist for future generations. For more than six years, I have forcefully spoken out about the dire need to get our nation's fiscal house in order. I have made thoughtful and serious recommendations for a way forward and have voted for substantial legislation to get our nation back on solid financial footing. When I came to the floor to vote for last year's budget, we were $15.5 trillion in debt. Today, we are over $16.7 trillion in debt. It's projected to grow to $26 trillion in 10 years--that's a $10 trillion increase.…
On the recordMarch 21, 2013
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