On the recordSeptember 13, 2012
Mr. President, all week my Democratic colleagues in the Senate have been coming to the floor and using scare tactics and demagoguery on the so-called Ryan budget. Of course, what they are referring to is the budget that was passed by the House of Representatives months ago. I suppose it is fair anytime someone produces something to have that criticized, critiqued, scrutinized, looked at, and discussed. But at the same time it seems if someone is going to attack the product that somebody else had put forward the natural follow-up question would be: So what are you proposing? Where is your budget proposal? I think it begs the question on behalf of the American people that the Democrats in the Senate who want to attack the House-passed budget haven't produced a budget of their own. It has been over 1,200 days--1,232 to be precise--that we have not considered a budget in the Senate. For those who are trying to do that arithmetic in their minds right now, that is 3 years and 4 months--3 years and 4 months without a budget in the U.S. Senate. That, at the same time that we continue to get bad news about the economy. This week we received news that Moody's intends, if we end up going over the fiscal cliff next year, to downgrade America's credit rating. That would follow with other credit rating agencies that have already made that assumption about the American economy and the American fiscal situation.…





