On the recordJanuary 21, 2010
Mr. President, today the Senate will have an opportunity to indicate to the American people whether they are listening to the American people because we are going to have an opportunity to vote on a debt limit bill later, but earlier, before that, on a series of amendments. The first amendment is an amendment I am offering along with Senator Vitter from Louisiana and Senator Bennett from Utah. They have worked extensively on this. They have already been down here and they spoke on this this morning, as have a number of my colleagues. What is important about this amendment is it will give an indication to the American people about whether their voices are being heard here in Washington as expressed by the voters of Massachusetts. I think what they were saying in that vote a couple of days ago was: We are frustrated. We are concerned about the level at which Washington is spending and taxing and borrowing. We want the brakes put on that. I have an amendment that I offer to the debt limit today that will end TARP. It is a very straightforward way in which we can signal to the American people that we are serious about fiscal responsibility. Just by way of context, if you look at what is being proposed here with this debt limit increase, it is to add $1.9 trillion to the debt limit of our country--$1.9 trillion.…





