On the recordSeptember 10, 2020
Madam President, once again this week, Republicans are bringing forward a proposal to provide additional coronavirus relief to help protect jobs, to get kids and teachers back in the classroom safely, and to provide funding for the treatments and vaccines we need to defeat this virus, and once again, Democrats are objecting. It is the same old song: Republicans' bill doesn't spend enough. Well, let's talk about that for a minute. First of all, Republicans are not claiming that the bill we put on the floor this week contains the last dollars we will need to spend in response to the coronavirus. We may need to spend more. This bill is simply an attempt to direct relief funds to some of the biggest priorities right now, like helping the hardest hit small businesses weather this crisis and providing more resources for testing, treatment, and vaccines. These are areas we should all agree on. Second of all, Democrats' coronavirus proposal--the $3 trillion bill they proposed--is both unrealistic and irresponsible. Our Nation is deeply, deeply in debt right now. Next year, our country will owe more than we produce for the first time since the end of World War II. That is a very bad place to be. That is getting toward the kind of debt-to-GDP ratio that helped bring about financial disaster in Greece. While the United States is not Greece, if we grow our debt enough, what happened to the Greek economy could happen here.…





