Mr. President, it is interesting. I have some of the same concerns, maybe with different outcomes, as the Senator from California, but I agree we have not done our work. Over the course of a little over a year, I have been traveling around the State of Tennessee making citizens aware of the unsustainable deficits our country has. I am sure people on the other side of the aisle have been doing the same. After townhall meetings all across our State in almost every forum my colleagues can imagine--I am sure the Presiding Officer has done the same--people are very aware in my State, as they are across the country, of the fact that we are on an unsustainable course. We are now beginning to have investor publications--the Wall Street Journal this morning wrote an editorial about the fact that no matter what we do regarding the actual proposals before us today, it is likely our country is going to be downgraded. So, here we are, faced with a situation where the types of legislation we are looking at--in both Chambers, I might add, in both Chambers-- probably will take us to a place where our country's debt is downgraded. I wish to first applaud both leaders--Senator Reid for bringing forth a proposal today or over the last few days, and Speaker Boehner, the leader of the House, for doing the same on the House side.…
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