If it is 3.7, that means that every dollar you cut in spending, you reduce GDP by $3.7.
Sheldon Whitehouse
The Public Record
Sheldon Whitehouse is a United States Senator from Rhode Island, serving since January 4, 2007. A member of the Democratic Party, Whitehouse has focused on a range of issues including environmental protection, healthcare reform, and campaign finance reform. He has been a vocal advocate for addressing climate change and has worked to promote policies aimed at reducing carbon emissions and protecting natural resources. Whitehouse has also been involved in efforts to reform the political campaign finance system, emphasizing the need for transparency and accountability in political donations.
Economics says that the impact of cutting and spending by the Federal Government on the economy varies depending on the condition of the economy.
It is hard for me to understand why even if you have adjusted CVS' rate from 35 to 25... you still have Carnival Cruise Lines out there at 0.8.
the growth rate in our health care cost has come down significantly since the passage of the Affordable Care Act
the waivers that you have granted have allowed more flexibility, have allowed them to escape the handcuffs
Zero cases had been referred by the IRS to the Department of Justice, not over complicated tax matters, but over whether these statements were false or not.
I would urge OMB to urge the administration to be accountable and set a target.
I thank the distinguished Senator from Michigan. I appreciate very much that he has signed on as a cosponsor of both my 1-year and full 10-year--9 now--sequestration alternatives that avoid a calamity for our economy, the potential crash…
I am going to be joined fairly soon by the distinguished chairman of the Armed Services Committee, Senator Levin, to discuss the upcoming sequester and the impact the sequester will have on this country if it is allowed to go forward…
I ask unanimous consent the order for the quorum call be rescinded. The PRESIDING OFFICER. Without objection, it is so ordered. (The remarks of Mr. Whitehouse and Mr. Levin are located in today's Record under ``Statements on Introduced…
I hope we will consider ways to try to prevent that kind of tax evasion on the corporate side as well as just lowering the top.
I appreciate very much that cutting Social Security is sort of catnip for Republicans.
We have just been through the education bill on the HELP Committee and there was a considerable discussion about the burden that the Department of Education imposes on State and local communities.
if it is too high, then it is a waste of effort and it is taking away from kids.
As you are considering lowering the corporate tax rate for the folks at the top, we might want to consider figuring out ways to raise the corporate tax rate for the folks at the bottom.
The President identifies $230 billion in savings from the so-called chained CPI benefit cut.
I intend to do. The $15 billion that comes back to seniors through the benefit against the $230 billion overall cut to me is a fig leaf.
I think to tell the public that it is actually more accurate where seniors are concerned is just factually a mistake.
More money goes out the back door of the Tax Code than actually gets collected by the United States Government in revenues.
I think when we look at Medicare benefits as the solution to our health care cost problem, we are fundamentally misdiagnosing the problem.
Most seniors spend their money on food and drink, health care, gas, and heat.
There is an ideology around here that all cuts help grow the economy--all cuts help grow the economy--and that all Federal spending is a burden on the economy, and that here endeth the lesson.
If we allow for no growth, then in the 10-year budget period we are looking forward to more than $11 trillion goes out the back door of the Tax Code.
Social Security, as you just said, has not contributed to the deficit problem.





