[Congressional Record Volume 152, Number 78 (Friday, June 16, 2006)]
[Senate]
[Pages S5987-S5988]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SUPPLEMENTAL APPROPRIATIONS BILL
Mr. FRIST. Mr. President, just very briefly, I want to comment on the
supplemental appropriations bill we passed yesterday morning.
I commend Senator Cochran and really both of the managers, and all of
our colleagues, as well as the House, and especially Congressman Lewis,
for their leadership in crafting a package that reflects our commitment
to economic growth, that keeps America moving forward, that is fiscally
responsible.
As the majority says time and time again, the Federal budget is not
the Government's money. It is the taxpayers' money. Americans work hard
to get what they earn. And it is our responsibility to spend that money
wisely, appropriately.
That is why we are working hard to crack down on excessive Washington
spending. And I think the way that supplemental bill was handled from
the beginning, and especially at the end, reflects that fiscal
responsibility. As we all know, that bill did reflect a lot of
priorities of this body, but it grew and grew and grew. Once that bill
was taken to conference, under the leadership of Chairman Cochran and
Congressman Lewis, it was scaled back down to meet the specific
guidelines and request of the President of the United States. I think
we exercised fiscal restraint and responsibility, but still there is a
lot more we do need to do in terms of demonstrating that fiscal
restraint and that responsibility.
One of our big challenges is the fact that much of our spending is on
autopilot. We see that in our entitlement programs. Also, our budgetary
process--the way it is conducted--leaves little time for oversight as
to the spending.
I mention that because I want to express my strong support for the
efforts of our budget chairman, Senator Gregg, for an act that is
called the SOS Act, called the Stop Overspending Act, that will be
marked up by his committee, addressed in his committee next week. What
it is--and he introduced it to many of us this week--is a broad package
on the budgetary process. It is a package of reforms that will tamp
down on and give us the tools and ways to control excessive spending.
It adopts the President's proposal to establish a legislative line-
item veto. It would reestablish spending caps which have been used
effectively in the past. It initiates across-the-board reductions in
entitlement spending if the Federal deficit fails to meet specific
established targets.
It includes a proposal I have been very supportive of and introduced
actually when I first arrived in the Senate to put the budget on a 2-
year budget cycle, thereby giving us time for appropriate oversight.
I realize enacting this entire bold package--comprehensive in many
ways, this SOS package--would be a huge challenge, particularly in
Washington where the forces of spending from below, from within, remain
so strong. But achieving even one of the reforms or, hopefully, several
of the reforms of this package would be a major
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victory in the battle to control spending. It is my goal to accomplish
just that before I leave the Senate.
So just like every family has to make tough tradeoffs and live within
their means, Congress should, too.
Mr. President, I yield the floor.
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