On the recordJuly 14, 2011
I thank Senator Corker. I just would say the spasm that is occurring in the Senate, the frustration that is boiling up, is not for light or transient reasons. It is a big deal when the U.S. Government has been for months and will continue to be borrowing about 40 percent of every $1 we spend, running up the largest deficits the Nation has ever seen. The law says, the United States Code says you should have a budget. When you set a budget, you take all the bills that are out there and tell them how much money they have to spend so the total amount of money at the end does not exceed a dangerous level for the country. That is what a budget does. We are going to seek and repeatedly call to the attention of this Senate that we have the cart before the horse. We are spending money without a budget and we are going to have to have a budget or else we are not in control of our spending. Once you have a budget, it takes 60 votes to violate the budget. You can stick to it if you make up your mind to do so. We do not have to violate it and burst the budget. That is what we are talking about today. It is a matter of great seriousness. I am pleased my colleague, Senator Rand Paul from Kentucky, who was elected last fall to this body, is here. I know he talked about the State of the American economy and our debt during that campaign. I ask the Senator, what are his thoughts as we approach this moment?





