Political Quotes

On the recordMay 17, 2018
Madam President, I appreciate being recognized. I am going to talk about a budget proposal by my colleague from Kentucky, Senator Paul. To those who want to balance our budget and get us out of debt, count me in. How do we do that? I would like to do it without destroying the military. I would like not to open up the wound when it comes to the effects of sequestration. Unfortunately, Senator Paul's approach is devastating to the military. It creates unpredictability at a time when we need predictability. It throws us back into the old system where nobody knows what is going to happen. Let me tell you about how you balance the budget and get us out of debt. In 2008, this blue line represents discretionary spending. This is about 30 percent of overall Federal spending. You can see that from 2008 to 2028 it has been relatively flat. In the budget agreement we entered into just a few weeks ago, we are spending less on nondefense discretionary spending by $2 billion than we did in 2010. This red line represents about the 65 to 70 percent of Federal spending called entitlements, and it is going through the roof. So if you want to balance the budget, you have to deal with the red line. You can't take it all out of the blue line. Sequestration has taken about $1 trillion out of the military. I compliment President Trump for entering into a budget agreement that will restore funding to the military at a time when we need it the most. What did sequestration do to the military?…
Said by
Lindsey Graham
Republican · South Carolina

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