[Congressional Record Volume 143, Number 70 (Friday, May 23, 1997)]
[Senate]
[Pages S5089-S5091]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FISCAL YEAR 1998 BUDGET RESOLUTION
Mr. GRAMS. Mr. President, I should like to talk a little bit about
today's budget vote and some reasons why I had to anguish over it and
vote no on this budget, a budget that I hoped we could all be proud of
and we could go home and really tell our constituents we had done the
best job we could and we were providing an honest budget that was going
to provide the things we had talked about--smaller Government, less
taxes, et cetera.
But, Mr. President, there is an old saying that if something seems
too good to be true, then it probably is. In Washington, that scene can
be taken one step further. If something seems too good to be true, then
it probably is and the taxpayers are somehow going to get stuck paying
for it.
Such is the case with the budget resolution passed by the Senate
earlier today. On paper, the plan purports to eliminate the deficit by
the year 2002 by reining in Federal spending while providing
significant tax relief for America's working families.
I appreciate all the efforts that were made to try to reach a good
budget agreement I hoped I could support, and I know how hard Senators
Domenici and Lautenberg and the leadership on both sides of the aisle
worked to bang out this budget. But in reality, this budget will
ultimately create bigger Government, a budget that is going to demand
more dollars from the taxpayers rather than giving them most of the tax
relief they have been promised.
It is, in other words, a deal between politicians here in Washington,
not between the taxpayers and the people they elected to represent
them.
I have made the pursuit of a balanced budget my top priority here in
the Congress, and I have always said I would support a budget plan
which meets just three basic specific criteria. First, it must shrink
the size and scope of Government and return money and the power that
those dollars represent to the tax people. It must balance the budget
by the year 2002 with steadily declining deficits each year and without
the use of rosy economic scenarios. And it must provide meaningful and
broadbased tax relief to working families.
Now, while I would like to join the bandwagon in supporting the
budget resolution, this Washington budget does not meet those
protaxpayer standards.
First, shrink Government and return power to the taxpayers. Balancing
the budget by the year 2002 is a responsibility we must meet, but it is
simply the beginning. If we intend to reduce the $5.3 trillion national
debt that will remain even after the deficit is eliminated, and take
power from Washington and return it to the taxpayers, we must do more
than simply balance the budget. We were not elected to serve as the
Nation's accountants, simply trying to make sure the numbers all add up
on paper. We were elected to be policymakers--and balancing the budget
is just one of these policies.
We cannot lose sight of the overall goal of shrinking the size of the
Washington bureaucracy and sending those dollars back to the taxpayers.
Yet, this budget plan does just the opposite. It increases the size of
Government by giving President Clinton even more money for pet projects
than he originally requested--$74 billion more than he requested in his
budget just last year, and $5 billion more than the budget he put
forward in February of this year.
Mr. President, instead of eliminating wasteful programs to reduce the
Federal deficit, this budget plan actually creates numerous new
programs, including $34 billion in new entitlement programs that will
cost billions of the taxpayers hard-earned dollars.
Now, if some of these new programs have merit, they should be
authorized and appropriated through open hearings and through normal
committee process. Total spending in this budget plan for all programs
is $18 billion higher than President Clinton's budget request for the
next 5 years. So where is that in shrinking the size of Government? It
is increasing the size of Government. The discretionary spending for
the next year alone will be $6.3 billion more than even what the
President had requested back in February.
Compared to the budget resolution we passed last year, this budget
plan has significantly increased discretionary spending. In fiscal year
1998, discretionary spending will be $26 billion higher, $26 billion
more than last year's budget, while the total discretionary spending
for the next 5 years will be $194 billion higher than last year's
budget request.
I do not believe this is what the taxpayers had in mind when they
heard the President declare that the era of big Government is over.
During the last 5 years, Congress spent an additional $240 billion
raising the size of Government that much over the years, but over the
next 5 years we are going to increase the size of the Government
another $270 billion. Again, plus the $34 billion in new spending
initiatives, not just fattening some of the old programs but actually
creating, giving birth to $34 billion in new programs that will have to
be supported even more in the outyears.
By increasing discretionary spending and creating new entitlement
programs, this budget plan would ensure that big Government is not only
here to stay, but that it will grow even bigger, and it will ultimately
mean higher taxes in the future. In the continuing struggle between
taxpayers and big Government, this budget deal takes the wrong side,
and I cannot be a part of it.
Second, the claim of balancing the budget with steadily declining
deficits, not through rosy scenarios. One of the dirtiest little
secrets in Washington is the economic hocus-pocus that goes on in the
budgeting process. The Washington folks seem to believe that as long as
they have a balanced budget on paper, however they can reshape the
numbers to fit their goals, it does not matter how they got there
because the end will justify the means. But, as everyone knows, you
can't write a household budget with inflated numbers or unrealistic
assumptions, and you should not be able to write a Federal budget that
way as well.
Any honest budget plan must reach balance through steadily declining
deficits every year. The deficit must be lower each year than the
preceding one. But this year's 5-year budget agreement actually
increases the deficits for the first 2 years, then projects enough of a
reduction in the final 2 years to reach balance. So, in other words,
let's spend more now and then we will cut later. In other words, this
President will be out of office, this Congress will have many new
faces, probably, but they are going to let the next President and the
next Congresses make the tough decisions that this Congress has turned
its back on making.
Mr. President, James Glassman wrote on this subject in Tuesday's
Washington Post, and I found this observation to be most appropriate.
He said:
The way to get to smaller government is by spending less
money. In fact, federal
[[Page S5090]]
spending will rise sharply in fiscal year 1998--that's the
year that starts on October 1, 1997, and the only budget year
that has any real significance.
Why? Because ``all the other numbers for all the other years are
sheer fantasy. As anyone who runs a business knows, the only figure you
can possibly control is next year's spending.''
Let me say when the budget deal was struck here in 1990 that raised
taxes, part of the agreement was we will put a cap on future spending.
We will not spend over this limit. In 1993, a new tax increase came
into being, and along with that new tax increase came the removal of
those old caps, and new caps on spending were put at a higher level.
They said, all right, we will not spend over this level if you give us
these tax increases now.
Now, in 1997, for the 1998 budget year, the first thing that has to
be done in this budget, we have to bust those spending caps again
because this budget can't live within those promises, and it extends
the level ever higher.
What does that mean? Where does the revenue come from? It is taken
from the taxpayers and the hard workers of this country. Budget
proponents are claiming to balance the budget by immediately increasing
the deficit by at least $23 billion, or an increase of 34 percent, and
then finding the savings to eliminate the deficit in the preceding
years for the following years.
If this does not make sense to the American taxpayers, that is
because it does not make sense at all. It is just another example of
the budget tomfoolery that is going around in Washington. A budget plan
must also be based on real numbers and not the inflated budget
estimates that have been used in the past to justify more spending and
higher taxes. Somehow the new revenues, the increased dollars that come
to Washington, can never be put into the category of reducing the
deficit or returning some of it in tax relief. It always goes on the
other side of more spending.
This budget agreement fails on that score as well as by continuing to
use the inflated budget estimates of the past to mask the spending
increases it contains. I cannot support a budget that uses such
gimmicks simply to make the numbers add up on paper.
There are two other weaknesses of the agreement I would like to point
out. For quite some time we have been told repeatedly by the CBO that
we needed at least $500 billion in spending cuts to achieve a balanced
budget. It will take hard choices to accomplish that. However, the need
to make some of the most difficult choices supposedly vanished recently
when we were told that we can spend more while balancing the budget at
the same time because somehow the CBO discovered $225 billion in extra
money. This cannot be true. It contradicts the CBO's own recently
completed study that examined the potential impact of a recession on
budget projections and the goal of a balanced budget by the year 2002.
In this study, the CBO examined two possible recessions, one possibly
in 1998, another in the year 2000, and it concluded in both cases GDP
would fall 3.7 percent below potential and would add about $100 billion
to the deficit. That would make the goal of achieving a balanced budget
in the year 2002 very difficult.
Again, if the $225 billion in ``extra money'' is indeed real, it did
not fall mysteriously from the sky. It is money that belongs first and
foremost to the American taxpayers, and it should be put to proper use.
The right way would be to return it to the taxpayers as tax relief and/
or designated for deficit reduction. The wrong way is to spend all
that. Unfortunately, this budget resolution takes the wrong way.
Now, there are some who said on the floor today only $30 billion of
that $225 billion was spent. If that is true, where is the rest of it?
Where did it go? If it is still there, let's put it to tax relief. But
the secret is that it has been put into spending.
I introduced an amendment earlier today that would have required that
we use the $225 billion of the CBO revenue windfall as assumed under
this budget for tax relief and deficit reduction, and to keep
nondefense discretionary spending at the current freeze baseline level.
My amendment called for giving back half of the $225 billion windfall
to the taxpayers and then devoting the other half for deficit
reduction. Again, the question is, where did that money go?
Another element of my amendment called for keeping nondefense
spending at a freeze baseline level. Now, baseline budgeting has been
the subject of great debates, many debates, and I will not repeat the
arguments today, but let me tell you briefly why this is so important.
For years, Republicans criticized the use of inflated baseline
budgeting because it did not reflect the actual spending levels in
terms of an increase or a cut in a program's funding. By that, they
always project next year's spending to already be higher so they set a
new baseline. So if we were going to spend $100 this year, the new
baseline next year would be $105, so that is what they work off. If we
only spend $104, the claim would be we cut the budget by $1, when
actually we spent $4 more.
Now, there are claims in this budget that we will save $1 trillion in
spending for the American taxpayer over the next 10 years. Now, that
sounds great, doesn't it? If you go by the baseline budgeting, what
they are really saying is, if we froze spending today, over the next 10
years we would spend about $16.2 trillion, but under the baseline
budgeting, we are going to only spend $19.2, but we could have spent
$20 trillion, so we are saving you $1 trillion. We could have spent $20
trillion, but by the baseline we will cut back.
The difference is, we are not saving $1 trillion in spending for the
taxpayers. We are adding $3 trillion in new spending over the same 10
years.
It was Lee Iacocca who said if American businesses used baseline
budgeting the way Congress does, ``They would throw us in jail.'' Many
of us share Iacocca's views and believe inflated baseline budgeting is
a fraud and it should be ended.
During the past 2 years we have been telling the American people we
would guarantee an honest accounting of our Federal budget by
implementing zero-baseline budgeting. In other words, be honest. This
is what we spend this year. This is what we propose to spend next year,
not the baseline that we could have spent, but we are not going to
spend quite that much, so we will save you money. That is like going to
a sale and saying I am going to spend $100 to save $4.
We adopted zero-baseline budgeting, and Congress has produced two
balanced budgets by using the freeze baseline. But the fiscal year 1998
budget resolution abandoned this policy that we had used over the last
2 years of honest accounting by reverting to inflated baseline
budgeting. In my view, this is a shift, again, in the wrong direction.
Returning to the inflated baseline not only again breaks a promise to
the American people but also ensures, ensures that big government will
live on by allowing Washington to avoid the hard choices that it must
make to eliminate wasteful programs and address our long-term fiscal
imbalances. We could have met the problem head on this year. They were
negotiating the budget and could have finally had to face those
problems, but somehow, at the last minute, the White Knight, the CBO,
with $225 billion in new projections, rode in for the rescue and
Congress did not have to make any choices. They went ahead and spent
all the money.
Mr. President, my amendment, as you know, was defeated by the Senate
this morning. But this issue is not one that is going to go away. We
must be honest with the American people, and we must, again, use zero-
baseline budgeting as we promised, so we can rebuild the American
people's confidence in the Government and make Congress accountable to
the taxpayers.
No. 3, meaningful broad-based tax relief for working families. I have
been the Senate's leading advocate of what we call meaningful broad-
based tax relief for working families through an important measure such
as the $500-per-child tax credit.
Rhetorically, everyone from colleagues in Congress and the President
has joined me in calling for such tax relief. Once again, a closer look
at this budget agreement reveals that reality does not match the
rhetoric.
What does this Washington deal mean for the millions of families who
would benefit from a broad-based tax cut? Proponents of the budget
agreement argue that since $135 billion has been set aside on paper for
tax relief, that it is good. I beg to differ, because,
[[Page S5091]]
as with all things in Washington, there is more, or, in this case,
there is less than meets the eye.
For example, when they say there is $135 billion available for tax
relief, they are ignoring the fact that $50 billion of this pool will
be raised through higher taxes, so, in other words, to give a tax break
to some we will have to raise taxes on others. We are going to have to
borrow from Peter to pay Paul. So that leaves us a net tax cut of $85
billion and someone will have to pay for the $50 billion. You can bet
that someone will not be Uncle Sam.
Also consider the fact that $35 billion has already been promised
away to the President for his narrowly targeted college education tax
plan.
Now, as the Senate author of the broad-based tax relief for working
families represented by the $500-per-child tax credit, I am deeply
troubled that this Washington budget agreement dedicates too much money
for narrowly targeted tax relief at the expense of broad-based tax
relief. The debate over targeted versus broad-based tax relief raises
the single most important question for us today, and that is the
question of who decides. Targeted tax relief says Washington will
decide who is going to get a tax break, how they are going to get it,
and what they have to do to get that tax break. If you, as a taxpayer,
want to cut, you have to do what Washington tells you to do, whereas
broad-based tax relief says taxpayers can decide. If you want to use
your tax cut for higher education, go ahead, for housing, go ahead, for
health care, go ahead, but tax relief should not be narrowly tailored
to fit the priorities set by Washington or used as a tool for social
engineering purposes.
Tax relief should be as broad based as possible leaving the
decisionmaking on how best to use that to the taxpayer themselves.
Every household is different. Washington cannot decide.
Now, while all of us support the use of tax relief for higher
education expenses, we must recognize that there are many other needs
faced by working families every day that can be best met by a tax cut,
and it should not be up to Washington to make those decisions. But that
is what this budget agreement does by reserving $35 billion from the
President's college tax deduction which benefits a few. This Washington
deal takes away tax relief dollars from the child tax credit which
benefits the many.
Finally, there are many other claims to those dollars remaining in
the tax relief pool, including a capital gains tax cut, estate tax
relief, IRA's and a host of other tax proposals. But if you start out
with $135, you take away $50 in tax increases, you have $85 net. From
those $85 million, the President has targeted tax relief of $35
billion, which leaves a pool of $50 billion.
To go through some of this other child tax relief, if you are going
to get the full-blown tax relief you have been promised, it would be
$104 billion. If you are going to get tax gains, tax reduction, it
would be $24 billion; estate tax, $18 billion; IRAs, about $11 billion.
What we have is about $170 billion of tax cuts promised that somehow we
are going to squeeze out of a box of $50 billion. So, in other words,
somebody is going to get something, but it will be a shadow. While all
these ideas have merit, the competition for this ever-shrinking pool
means more bad news for those of us who care about getting tax relief.
Again, we have promised working families a $500-per-child tax credit,
but once you factor in all the tax hikes, special interest tax cuts,
and deals that have been made a part of the budget agreement, it is
easy to see that this $500-per-child tax credit could end up being
nothing more than a token gesture, a promise of meaningful broad-based
tax relief for working families without the dollars to back it up.
In other words, working families will be squeezed out again, a broken
promise, and that is something that I cannot support.
Contrary to the claims of its proponents, this Washington budget deal
is a retreat from the promises we made to the taxpayers for meaningful
tax relief. As I have argued, the figures set-aside for tax relief are
wholly inadequate to keep the promises we made to take from Washington
and give back to the taxpayers--a fatal flaw in this budget agreement
and another brush-off to the working families we are supposed to
represent.
In its analysis of the budget, the Heritage Foundation concluded that
``a credible plan to balance the Federal budget must result in a
smaller Government that costs less and leaves much more money in the
pockets of working Americans. The current budget deal not only fails
these important tests, but in many cases would implement policies that
are worse than taking no action at all.''
The medical profession is guided by the doctrine of ``First, do no
harm.'' The American people should demand the same of their Government
as it establishes the Nation's spending and tax priorities through the
budget process. A budget that fails to meet even the most basic tests
of honesty and common sense--and that may actually leave the Nation in
a fiscal situation more perilous than the one we face today--is a
budget the American taxpayers will not support. Congress and the
President can, and must, do better.
In closing, let me add a final thought about this so-called balanced
budget resolution.
As I stand here in this Chamber, on a day when I should be proudly
telling the taxpayers of Minnesota that Congress has finally heard
their pleas and produced an honest budget that reduces the size of
government and offers meaningful tax relief, I am saddened and angry
that I cannot.
The budget resolution passed by the Senate today is not the budget I
was elected to carry out. It is not the budget a great many of my
colleagues were elected to carry out. It is a budget built of
concession, not of compromise, of illusion, not of reality, of
whispers, not of boldness. It is a budget built like a house of cards,
without a foundation, and held together by nothing but wishes and
assumptions. This may be a so-called agreement between the Republicans
and Democrats in Washington, but it is not the budget agreement we
promised the taxpayers. It is a budget Congress hopes America will
like. As you see more of the details, it will be one they don't. For
this reason, it is a budget I deeply regret I cannot in good conscience
support.
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