just briefly, I appreciate Senator Murray having passed a budget this year in the Senate for the first time in 4 years. It is a budget that is far from the kind of budget we should have, but it was one they stood up and voted for. That is something of value to begin our process around here. I would note that the reason it is such an unacceptable proposal from my Democratic colleagues--very similar to what President Obama asked for--is that it raises taxes $1 trillion over 10 years and raises spending $1 trillion over 10 years. That is above the lawful Budget Control Act levels we agreed to on a bipartisan basis in August of 2011. If we remember, the President insisted we have a debt ceiling increase then. He said that we couldn't negotiate on it, that the country would sink into oblivion if we even got close to the debt limit, and we all had to back down and just agree to raise the debt limit without any limits. Polling data showed the American people did not believe we should raise the debt limit of America without at least cutting spending and reducing our deficits; the credit card Congress was on was going to be pulled back. So Republicans stood firm. An agreement was reached, and the President approved it. It had no tax increases and raised the debt ceiling $2.1 trillion over 10 years. How much is that? We were projected to increase spending over 10 years by $10 trillion.…
Pete Sessions: “just briefly, I appreciate Senator Murray having passed a budget this year in the Senate for the first time in 4 years.…”
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