On the recordSeptember 20, 2012
as the Chairs of the debt commission-- Simpson and Bowles--told the Budget Committee, this Nation has never faced a more predictable financial crisis. I would say this Nation has never faced a more difficult financial challenge. We have deep, systemic demographic problems. They need to be addressed. Yet today marks the 1,240th day since the Democratic leadership in the Senate adopted a budget. For 3 years, in a time of financial crisis, the Senate's Democratic majority has failed to comply with the U.S. Code that requires us to bring up a budget and bring it to the floor of the U.S. Senate. Politico observed on May 15: Democratic leaders have defiantly refused to lay out their own vision for how to deal with federal debt and spending. I believe that is a colossal failure of leadership, a failure of fundamental responsibility, and puts them in a position, in my opinion, of being unable to ask to be returned to leadership in this Senate. The ACTING PRESIDENT pro tempore. The Senator from Texas.
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