Bill Lee: “just to clarify. We have two committees, one in the Senate and one in the House, looking at the possibilities for…”

“just to clarify. We have two committees, one in the Senate and one in the House, looking at the possibilities for reforming this program. I am confident we can find agreement on how this program ought to be reformed. That is my goal, and I will continue to work toward that end. I want to make sure we have reforms put in place as we reauthorize this. In the meantime, I want to be clear: This doesn't do anything to halt the program as a whole. This just deals with the accrual of revenue to a fund that has an accumulated unappropriated balance of $20 billion. We certainly have time. This shouldn't be rushed through. We need to give the committees the time they need in order to work out the reforms needed. I thank the Presiding Officer, and I yield the floor. The PRESIDING OFFICER. The Senator from Tennessee.”