On the recordJanuary 14, 2014
I wish to share briefly a few thoughts about where we are. We have before us an unemployment bill and the pending business is the Reid amendment that would extend unemployment benefits for a full year, and none of it is paid for effectively. All of it violates the Budget Act. It is unthinkable that we would pass another $17 billion that would add to the debt of the United States-- every billion of it, every single dollar of it borrowed, much of it from people around the world who are not friendly to us. So this is not a good way for us to start. It is subject to a budget point of order because it violates our spending limits and that has been confirmed. I know the Presiding Officer is a member of the Budget Committee. It has been confirmed by Senator Murray and her staff, the Democratic leadership on the Budget Committee, that it violates the budget. So that means if it is not fixed--and I understand there is some attempt going on at this time to maybe rewrite it in a way that actually has a legitimate pay-for, to provide assistance to those who are long-term unemployed but paid for without adding to the debt of the United States. I will remind my colleagues that in December we passed the Murray- Ryan legislation which set limits on spending, and the President signed it into law just 2 weeks ago. As soon as we waltz into the U.S. Senate in January of this year, we have a piece of legislation that bursts the budget entirely.…
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