On the recordDecember 17, 2013
This bill is a compromise, and that means neither side got everything they wanted and both of us had to give a bit. I was very disappointed we were not able to close a single wasteful tax loophole that benefits the wealthiest Americans and biggest corporations. I had hoped to extend critical support for workers who are fighting to get back on the job. I was very disappointed that Republicans refused to allow that to be part of this deal. I certainly would have liked to have replaced more of sequestration. I know it was difficult for many Republicans to accept any increases in the BCA caps at all. I know many Republicans had hoped this would be an opportunity to make the kind of Medicare and Social Security benefit cuts they have advocated in the past, but I fought hard to keep them out. This deal is a compromise. It doesn't tackle every one of the challenges we face as a nation, but that was never our goal. This bipartisan bill takes the first steps toward rebuilding our broken budget process and hopefully toward rebuilding our broken Congress. We have spent far too long here scrambling to fix artificial crises instead of working together to solve the big problems we all know we need to address. We have budget deficits that have improved but have not disappeared, and we have deficits in education, innovation, and infrastructure that continue to widen.…