I thank Senator Coburn for his leadership. I have watched him with admiration over the years with consistency and fidelity for the national interest to work to bring our spending under control. I see our colleague, Senator Alexander, in the Chamber, and I will yield the floor. I will just follow up, before I do that, with a quote from Erskine Bowles. When the President announced his budget not long after the deficit commission he called together had made some pretty good proposals about how to improve fiscal matters in the United States, Mr. Bowles was, obviously, deeply disappointed with what the President submitted and said this plan goes ``nowhere near where they will have to go to resolve our [country's] fiscal nightmare.'' I think there is a consensus that we are facing a fiscal nightmare. We are going to have to take some serious steps in that regard. Mr. President, I think there are some other Members who have reserved time. If there are no other Members here who have reserved time after Senator Alexander completes his remarks, I ask unanimous consent that I be recognized at that time.
On the recordMay 26, 2011
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