On the recordSeptember 20, 2011
Mr. President, yesterday, the President provided a fiscal plan on paper that he said reflects his latest fiscal vision for the country. It seems to be about the fourth vision we have had this year, and he has said we need to be honest with the American people and talk straight to them. I certainly believe that is correct, and I would share some thoughts about the President's plan and express disappointment that he has not been honest and direct with the American people, has not discussed in sufficient depth, in my opinion, the Nation's need to reduce spending because our debt is surging larger than it ever has in our history and presents a danger today and in the future. The President needs to talk more about that. If we are going to ask the American people to reduce their spending, to take less from the government, to tighten belts, then we need to know why. I do believe he has not been sufficiently informative in his conversations because many of them emphasize increasing investments in various programs, in spending programs he has advocated, but with regard to the plan that was introduced yesterday he claims it would increase the fiscal year 2012 deficit by $300 billion; that is, next year it would increase the debt by $300 billion, but he says it would reduce deficits over the next 10 years, in the outyears, by $3.2 trillion. We know what happens now happens.…





