On the recordMay 10, 2011
Madam President, I wish to make a few remarks about the budget circumstances in which we find ourselves. Yesterday, we learned that the President has scheduled two summit meetings on the budget this week. The President will meet with Senate Democrats on Wednesday and Republicans on Thursday. By calling this summit, it would seem the President has effectively canceled this week's planned unveiling of a Democratic Senate budget in the Senate Budget Committee that was planned earlier. First it was going to be Monday, then Tuesday, then Wednesday. It looks as if maybe it will not be held this week at all. It might be that Senator Conrad could do that, but somehow, with this event occurring, he may not. Regardless of this new discussion period, it is my expectation and belief that the American people should be given a Senate budget plan so it can be examined and we can know what is in it and see what it is about. The American public deserves to know where our elected leaders stand. I hate to say that we have gone 700-plus days without a budget for the United States of America during a time of the greatest debt increase we have ever faced. We will have doubled the debt of the United States, I believe, by next year in 4 years. We will add $13 trillion to the debt over the 10 years presented by President Obama's budget that he sent to us in February. There have been all kinds of discussions and talks and a lot of speeches. The President created a fiscal commission.…





