[Congressional Record Volume 154, Number 80 (Thursday, May 15, 2008)]
[Senate]
[Pages S4247-S4267]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESSIONAL BUDGET FOR THE UNITED STATES GOVERNMENT FOR FISCAL YEAR
2009
Mr. CONRAD. Mr. President, I ask unanimous consent the Senate proceed
to the House message to accompany S. Con. Res. 70, the concurrent
budget resolution; that the motion to disagree to the House amendment
be agreed to, the motion to agree to the request of the House for a
conference be agreed to; and the motion to request the Chair to appoint
conferees be agreed to.
The ACTING PRESIDENT pro tempore. Without objection, it is so
ordered.
The ACTING PRESIDENT pro tempore laid before the Senate the following
message:
S. Con. Res. 70
Resolved, That the House insist upon its amendment to the
resolution (S. Con. Res.
[[Page S4248]]
70) entitled ``Concurrent resolution setting forth the
congressional budget for the United States Government for
fiscal year 2009 and including the appropriate budgetary
levels for fiscal years 2008 and 2010 through 2013'', and ask
a conference with the Senate on the disagreeing votes of the
two Houses thereon.
Ordered, That Mr. Spratt, Ms. DeLauro, Mr. Edwards, Mr.
Ryan of Wisconsin, and Mr. Barrett of South Carolina, be the
managers of the conference on the part of the House.
Mr. CONRAD. Mr. President, I now ask we enter into 1-hour time
agreement, equally divided, on an amendment that will be on or in
respect to potential tax increases in the conference agreement.
The ACTING PRESIDENT pro tempore. Is there objection?
Mr. GREGG. I will just say it will be a motion to instruct.
The ACTING PRESIDENT pro tempore. Is there objection? Without
objection, it is so ordered.
Motion to Instruct
Mr. GREGG. Mr. President, I send a motion to the desk.
The ACTING PRESIDENT pro tempore. The clerk will report.
The legislative clerk read as follows:
The Senator from New Hampshire. [Mr. Gregg] moves that the
conferees on the part of the Senate on the disagreeing votes
of the two Houses on the concurrent resolution S. Con. Res.
70 (the concurrent resolution on the budget for fiscal year
2009) be instructed to reject the revenue levels in both the
Senate-passed and the House-passed budget resolutions, both
of which assume the largest tax increase in history, and
include revenue levels consistent with extension of the
tax.rates currently in place.
The ACTING PRESIDENT pro tempore. The Senator from New Hampshire is
recognized.
Mr. GREGG. Mr. President, this motion to instruct is necessary
because the budget, as it left the Senate and it is represented, has
been agreed to between the House and Senate Democratic leadership and
membership, with no Republican input other than the courtesy of telling
us what they have agreed to, has in it the largest tax increase in the
history of the world--the history of the world, not just the history of
the United States. It is a $1.2 trillion tax increase. It means that
all Americans' taxes will go up significantly as a result of this tax
increase. Mr. President, 7.8 million people today who do not pay taxes
will find that they are paying taxes. These are low- and moderate-
income Americans who are not liable to pay taxes because their income
has them in a level where there is no tax event, but under this budget
resolution, which assumes the termination of the tax policies that were
put in place in 2001 and 2003, those 7.8 million people will be
returned to the tax rolls and will have to pay taxes.
Families of four, earning $50,000--a husband, a wife and two
children--in 2011, under this bill, would see their taxes go up $2,300.
A single mom raising two kids--which is the toughest job in America, in
my opinion--earning $30,000 a year, that mother would see her taxes go
up by $1,100. That is a lot of food, a lot of clothing, and a lot of
better lifestyle that will be lost to that family.
A family of four earning $110,000 would see their taxes--that would
be, for example, a mother who is teaching or a father who is teaching
and a mother who is a police officer, one making $50,000 and one
making, say, $60,000--that family with two children could see their
taxes go up $4,300 under this bill.
Small businesses--which are defined by the Democratic Party as the
rich, will pay more taxes. In fact right now in the House of
Representatives they are debating a bill which they claim taxes the
rich, which it turns out are small businesses who file as individuals--
75 percent of all individual returns with income above $300,000 include
business income, and 83 percent of all individual returns with income
above $1 million include business income. They will be subject to the
high-end tax which the Democratic Party is proposing in the House.
Meanwhile, small businesses, who pay 54 percent of all individual
income taxes--those small businesses, 27 million in total, will see
their tax bill go up by $4,100 under this budget resolution. That could
easily put a lot of those small businesses out of business, that type
of a tax hike. A lot of these businesses work at the margin. Even
though they may have high income, they are still spending a lot of that
in order to maintain their business.
Elderly couples with incomes of $40,000, if the Democratic budget
goes forward, an elderly taxpayer, someone over 65 with $40,000 of
income, will see their taxes go up $2,200. That is a lot of money for
somebody who is probably on a fixed income and does not have too many
ways to increase their income and are trying to make fixed costs, which
they also cannot reduce. To be hit with a $2,200 tax bill in 2011 is a
pretty stiff penalty to pay so the party in power, the Democratic
Party, can spend their money on some program they deem more appropriate
than allowing that individual to keep their money in their pocket.
Eighteen million seniors will see taxes go up under this bill as the
tax policies of 2001 and 2003 are repealed and taxes are increased.
There was an argument made on the other side of the aisle that we are
not going to do that, we are going to collect this money from
uncollected taxes. That argument has no viability any longer. They made
that argument last year, and the amount of money which was collected
from uncollected taxes went up a minuscule amount, so that argument has
no credibility. There is an argument made, primarily by Senator Obama
in his campaign for the Presidency, that all these new programs and all
this cost will be paid for by taxing the wealthiest Americans--only the
wealthiest Americans; that the other tax breaks will be left in place.
This budget does not assume that. This budget does not assume that at
all. This budget assumes the full repeal of all the tax rates as they
were put in place in 2001 and 2003. In addition, it assumes the full
repeal of the capital gains rate, full repeal of the dividend rate--
which, by the way, taxes on capital gains and dividends are paid
disproportionately by senior citizens. They are the ones who sell their
homes and end up with capital gains, they are the ones who have fixed
incomes usually tied to dividends from their pensions.
So that argument that this proposal is just going to tax the
wealthiest of Americans does not fly, on the basis of the language of
the Democratic budget. The Democratic budget says they are going to
repeal and raise, by $1.2 trillion, those taxes--taxes which all
Americans will have to pay.
Senator Obama says if he just taxes the wealthy, he can pay for all
his new spending programs. Those new spending programs total up to well
over $300 billion a year. He has proposed over 185 new programs. If you
score just 143 of those programs he is proposing--his new or additional
programs--it totals $300 billion in new spending. That is on top of the
new spending already in this budget resolution. This budget radically
expands spending. It is well over $200 billion in new discretionary
spending over the 5-year period of this budget and of course you put
the Obama ``spend-orama'' on top of that and you are up another $300
billion. All of this is going to be paid for, allegedly, by just taxing
the wealthy.
You have to look at the language of the bill. That is not the way it
is going to be paid for. As I outlined, it is going to be paid for by
taxing working Americans, elderly Americans, single moms with families
and individuals who run small businesses.
In fact, if you took Senator Obama at face value, and what he is
proposing, he is going to raise all of these taxes on the wealthy to
pay for his $300 billion of new spending and the $200 billion in this
bill. The $300 billion figure is an annual number, by the way.
The maximum amount, if you were to return to the top rate in America,
back to the rate during the Clinton years, which is what has been
proposed by Senator Obama, the maximum amount that generates annually
is $25 billion. The fact is, we will not get that much. These are
wealthy people. They understand how to hire tax accountants and avoid
taxes when taxes become disproportionate, and they view them as
something that should be avoided rather than paid.
The great advantage we have from the tax cuts which were put in place
by President Bush and which caused this economy to expand and caused
Federal revenues to grow in the most aggressive way in our recent
history, was that tax laws have reached fair levels.
Take, for example, the capital gains tax which, under this bill,
under this
[[Page S4249]]
budget, will be doubled. The capital gains tax today, because it is at
a reasonable rate, 15 percent, is generating huge increases in Federal
revenues.
In fact, CBO estimated when the capital gains rate went to 15
percent, it would generate about $100 billion less than what it has
actually generated over the last 3 years. And why did we obtain an
additional $100 billion in tax revenue as a result of having a lower
capital gains rate? For two reasons: One, because the capital gains
rate was fair so people were investing in activity that was taxable,
and they were not trying to avoid taxes by investing in nontaxable
activity; and, two, because when you set a fair capital gains rate,
what you do is incentivize people to go out, recognize their capital
gains--in other words, sell the asset which they obtained gain in, and
then take that new money they have gotten and reinvest it in some other
activity which also generates capital gains.
Instead of having the capital gains event locked down, instead of
having assets held simply because people do not want to pay taxes, and
those assets may be nonproductive assets, thus not having productive
use of those dollars, a reasonable capital gains rate, which is what we
now have in this country, causes people to go out and invest and act in
the most efficient way with the money they have.
As a result, not only do they generate more taxes to the Federal
Government, $100 billion more than was estimated, but they also, at the
same time, create more jobs. Because those dollars are used more
efficiently, there is more entrepreneurship, there is more risk taking,
and more people are willing to go out and take the risks to create a
job because they know they are going to have a chance to get an
adequate return, and their efforts will not be taxed away.
But this budget rejects all of that. This budget rejects that whole
concept. It says: Let's go back to the period where we taxed people at
extremely high rates. And why? Why do they tax people at extremely high
rates? Is it to reduce the deficit? No, the deficit goes up
dramatically under this bill.
Does it reduce the national debt? No, the national debt goes up
dramatically under this bill. The reason they want your tax dollars is
because they want to spend your tax dollars. There is a genuine
philosophy on the other side of the aisle that says they know how to
spend your money better than you do. You, the working American, you,
the small business man or woman, you, the single mother, they know
better how to spend your money than you know how to spend your money.
Thus, they want to raise your taxes in order to reprogram it in some
sort of program that they deem to be of a better social purpose than
allowing the person who earned that income to keep their money in their
pocket so they can make decisions which benefit them and their family
with those dollars.
That is the philosophical difference that divides us and could not be
shown in a more stark way than in this budget as it left the Senate and
which will be conferenced, because this budget repealed almost all the
constructive tax policy that was pro-growth oriented in the President's
proposals of 2001 and 2003, and as a result it drives this massive
increase in the tax burden on the American people.
This is not a tax on the wealthy. This is a tax on the middle class
because it is middle-class America who will have to pay for the $1.2
trillion tax increase. To review the numbers, 7.8 million people who do
not pay taxes today will have to pay them under this bill; 27 million
people who run small businesses will see their taxes go up by $4,100;
43 million working Americans who have children will see their taxes go
up by $2,300; and senior citizens, 18 million senior citizens, will see
their taxes go up by $2,200.
Obviously, we have a deep philosophical difference with the majority
on this point. And that is why we are suggesting an instruction which
says we should not proceed down the path of having the world's largest
tax increase. Let's at least tell our conferees: Do not do that to the
American people. Keep the tax laws at a level that is fair and is
responsible.
By ``responsible'' I mean the tax laws, as they presently are
structured today, are returning more revenue to the Federal Government
from our income tax than we have ever had in our history. And even as a
percentage of the gross national product, they are returning more
revenues to the Federal Government than has been the historical
average. Mr. President, 18.7 percent of gross national product today is
being collected in tax revenue. Historically, it was only 18.2 percent.
So these tax laws have not reduced Federal revenue, they have actually
increased Federal revenue, as I pointed out when I discussed the
capital gains rates.
We should not be putting in place a tax burden on working Americans
which is going to be counter to the idea of creating jobs, creating
economic incentives, and giving and allowing people to keep in their
pockets money which they have earned and which they know better how to
spend than we as a government know how to spend.
I reserve the remainder of my time. I look forward to continuing this
discussion as we proceed through the afternoon.
The PRESIDING OFFICER (Mrs. McCaskill.) The Senator from North
Dakota.
Mr. CONRAD. Madam President, I have enjoyed listening to my
colleagues describe this budget resolution. But it has nothing
whatsoever to do with the budget resolution we have produced. It is a
wonderful speech. It is the same speech they give every year no matter
what the budget resolution says. But it absolutely has no attachment to
what we have presented.
I hear this talk about the biggest tax increase ever in the world
history. He said the same thing last year. And you know what happened.
We have cut taxes. In fact, I have that chart too. It is very
interesting because he gave precisely the same speech last year. It may
have been exactly the same speech.
And what has happened with this Democratic-controlled Congress? Well,
here are the tax cuts we have enacted, $194 billion. After they said we
were going to have the biggest tax increase in the history of the world
last year, we have cut taxes by $194 billion, with $7 billion of
revenue raised through loophole closers that have been enacted,
loophole closers that, frankly, many of them supported to advance the
legislation that was important to us all. But that is the record.
After the speech, the identical speech, virtually the identical
speech he gave last year, that we were going to have the biggest tax
increase in the history of the world--what is the record? We have cut
taxes by $194 billion, overwhelmingly on the middle class.
Now, let's look at this budget resolution. The green line is the
revenue that is in our resolution. The red line is the President's.
That is a very small difference, as you can see, a very small
difference between the two. In fact, here is the difference: $15.6
trillion of revenue in our resolution, $15.2 trillion of revenue in the
President's proposed budget. That is a difference of 2.6 percent. So I
do not know what he is talking about when he is talking about the
biggest tax increase in the history of the world. That has nothing
whatever to do with our resolution.
In fact, our resolution has substantial tax relief. The Baucus
amendment adopted on the Senate floor with bipartisan support extended
the middle-class tax relief by providing for marriage penalty relief,
by providing for extension of the child tax credit, by extending the
10-percent bracket.
We also provided alternative minimum tax relief to prevent 26 million
people from being caught up in the alternative minimum tax, almost an
eightfold increase from the number affected now. We have taken
effective action to prevent that from happening. We have estate tax
reform that will provide that only two-tenths of 1 percent of estates
will face any taxes.
We provide for energy and education tax cuts. We provide for property
tax relief, and we provide for extension of the popular tax extenders.
All of that is done in this bill. Now, there is a difference in
revenue, as I indicated, a very modest 2.6 percent between what is in
our budget resolution and what the President called for.
Well, where are we going to get that revenue if we are not going to
have a tax increase? Well, the first thing we do is go after the tax
gap which is now estimated at $345 billion a year. That is the
difference between what is paid and what is owed, $345 billion a year.
[[Page S4250]]
If we got 20 percent of that amount alone we could meet our numbers
with no tax increase. But that is not the only place we can look
because, as I have shown before on the floor of the Senate, this
building down in the Cayman Islands called Ugland House, this little
modest, five-story building is the home to 12,748 companies.
Now, I have said this is the most efficient building in the world.
Think of that. That little building down in the Cayman Islands, and
12,748 companies claim they are doing business out of that little
building. Of course, the only business they are doing in this building
is monkey business because what they are doing is claiming they are
doing business there in order to engage in tax avoidance. That is the
business they are engaged in in Ugland House.
Now, if anybody doubts it, here is a recent story from the Boston
Globe from March 6 of this year: Shell companies in Cayman Islands
allow Kellogg, Brown and Root to avoid Medicare and Social Security
taxes in the United States. What they have done down there this is the
Nation's top Iraq war contractor until last year, a subsidiary of
Halliburton, is to avoid paying hundreds of millions of dollars in
Federal Medicare and Social Security taxes by hiring workers through
shell companies based in this tropical tax haven.
Now, what we are saying is, let's shut down this kind of scam. How
much is there? Well, the Permanent Subcommittee on Investigations said
there is $100 billion a year that is being lost to the U.S. Treasury in
tax scams being run in these offshore tax evasion schemes. So if you
have $345 billion a year in the tax gap, money that is owed that is not
being paid, and the vast majority of us pay what we owe, it is
outrageous that some are getting away without paying what they owe. And
our argument on our side is that we ought to go after those folks who
are not paying what they owe and are cheating all the rest of us.
On our side we say: Let's shut down these offshore tax havens that
are costing us another $100 billion a year, these tax scams that are
cheating all of the rest of us. You add those two together, that is
$445 billion a year.
Again, now we need less than 20 percent of that in order to
completely close this revenue gap.
But it doesn't end there, because I have shown this chart on the
floor of the Senate too. This is a picture of a sewer system in Europe.
What does a sewer system have to do with the budget of the United
States? We have companies in America buying European sewer systems to
write them off on their books to reduce their taxes here. Then they
lease the sewer systems back to the European cities that built them in
the first place. Is that unbelievable? Our friends on the other side
don't want to do anything about that. They don't want to shut that
down. They think that is OK. We don't. We think that should be shut
down. This is another tens of billions of dollars a year in these types
of tax scams.
We have things we have done to try to shut down some of these
operations. We have put these in bills that the President has
threatened to veto. This is almost hard to believe, but this is what
has been going on. We proposed shutting down these scams. One of the
things we propose is codifying economic substance, prohibiting
transactions with no economic rationale done solely to evade taxes. We
proposed shutting down schemes to lease foreign subway and sewer
systems and depreciate their assets on the books of the United States
to avoid taxes here. We have proposed ending deferral of offshore
compensation by hedge fund managers trying to avoid taxation in this
country. One of those people, by the way, earned over $1 billion last
year alone. And there is not just one; there are many of them who
earned over a billion dollars a year last year. Then they cook up a
scheme where they move their money offshore to avoid paying taxes in
this country and stick all the rest of us with the bill. We have said
no, let's shut that down. The President has threatened to veto that.
We have talked about expanding broker information reporting to
prevent this evasion and taxing people who leave this country and give
up their citizenship to evade taxes they owe here. As unbelievable as
it may sound, we have people who give up their U.S. citizenship, go to
one of these tax havens and say: We don't owe any taxes in America
because we don't live there anymore. We are no longer a citizen of that
country. We are now down in the Cayman Islands or another one of these
tax havens.
In fact, I went on the Internet. It is amazing to go on, put in
``offshore tax havens.'' Punch that in and then do a search. You will
get over 1 million hits. One of my favorites is ``live offshore in a
luxury yacht, never pay taxes again.'' This is the kind of scam that is
going on. We say shut it down. If we only got back 15 percent of the
money in the tax gap--not 50 percent, 15 percent--if we got back 15
percent of this tax gap, of these abusive tax shelters, we could meet
our numbers with no tax increase. Remember, in our resolution, we have
hundreds of billions of dollars of tax reduction on middle-income
people, because we have extended all the middle-class tax cuts. That is
what this resolution does. The other side doesn't want to do that. What
they want to do is make sure to protect the wealthiest among us. They
want to protect those who are engaged in these scams. I don't know why
they want to. I don't get it. But that, apparently, is their position.
They are going to have to defend it.
As I have indicated, there is no assumed tax increase in this budget
resolution--none. There are substantial tax reductions, hundreds of
billions of tax reductions.
I will end as I began. Last year the Senator on the opposing side
gave the same speech, that our budget resolution had the biggest tax
increases in the history of the world. Here is the record. Now we can
look back and we can see what happened. Did Democrats increase taxes?
No. Democrats cut taxes by $194 billion. In fact, people all across the
country are getting checks from the Federal Government right now that
represent those tax reductions enacted and, by the way, enacted on a
bipartisan basis. The President signed the bill. So people know they
got a tax reduction from Democrats when we have been in control of
Congress this year, because they are getting the checks in the mailbox
right now.
After the Senator asserted last year we were going to have the
biggest tax increase in the history of the world, it didn't happen.
There wasn't any tax increase. Instead, there were tax reductions.
There is no tax increase in this budget resolution either. None. None
is assumed. We don't need any to meet the revenue numbers which are
only 2.6 percent more than the President's revenue numbers. In fact, we
have substantial middle-class tax relief. The middle-class tax relief
that is in this package is right here. We extend the middle-class tax
provisions that provide marriage penalty relief. We extend the
important child tax credit. We extend the 10-percent bracket that
provides such good relief to middle-income people. We have provided for
relief from the alternative minimum tax. We have provided for estate
tax reform. We have provided energy and education tax cuts, property
tax relief, and the popular tax extenders. All of that tax relief is in
this package.
I hope our colleagues will reject the assertion that is in the
Senator's motion because it bears absolutely no relationship to the
budget resolution before us.
I yield the floor, suggest the absence of a quorum, and ask unanimous
consent that the time be charged equally.
The PRESIDING OFFICER. Without objection, it is so ordered.
The clerk will call the roll.
The assistant legislative clerk proceeded to call the roll.
Mr. McCONNELL. Madam President, I ask unanimous consent that the
order for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. McCONNELL. Madam President, 2 years ago, Democrats campaigned on
tax relief for middle-class families. They called for fiscal restraint
and lowering the national debt. But as we have seen over the last year,
our good friends are more concerned with increasing taxation,
increasing regulation, and increasing litigation. The budget they
unveiled this year is the latest example.
If we were to follow this budget, it would go a long way toward
turning us into a country like France, at a time when even the French,
as we all know,
[[Page S4251]]
are trying to pull back and trying to get out of the ditch into which
they have put themselves.
This budget lifts the curtain on what they have in store for
America's already overburdened taxpayers. Instead of lowering taxes on
America's working families and small businesses, this budget contains
the largest tax hike in U.S. history.
It is not just the rich who would see their tax bills increase by an
average of $2,300 a year; it is taxpayers making as little as $31,850,
and couples earning $63,700. These are families the Democrats are
calling rich and on whom they want to raise taxes.
Under this budget, every American would see his or her share of the
national debt rise by $6,440 as a result of dramatically higher
spending requests.
At a time when American families are tightening their belts and
checking their own spending habits, Washington should be doing the
same. Yet they are proposing the opposite. At a time of serious
economic concern, they want to grow the Federal budget to over $1
trillion in nonemergency spending.
We have heard a lot of talk over the last few months from the other
side about how middle-class families are struggling to make ends meet.
We even worked together to pass a stimulus package that puts money back
in the wallets of middle-class families. But now our good friends on
the other side want to take that money back--and then some--to fund
their irresponsible spending hikes.
Let's be clear about what this budget is: It is the Democrats' way of
saying yes to the failed tax-and-spend policies of the past. American
families cannot afford this budget, American job creators cannot afford
this budget, and neither can our economy.
Madam President, I yield the floor.
The PRESIDING OFFICER. The Senator from North Dakota.
Mr. CONRAD. Well, Madam President, it is the same song, second verse.
Again, it is words. It is no wonder our friends on the other side have
lost three congressional elections in a row because they keep chanting
the same mantra that has no relationship to reality. These are the
exact same speeches they gave last year: biggest tax increase in the
history of the world.
Now we can come and we can check the record. We do not have to guess;
we do not have to suppose; we do not have to engage in make-believe. We
can look at the record. Here it is: Democrats lowered taxes by $194
billion. If you are listening, you do not have to wonder if that is
true. All you have to do is go to your mailbox because all across
America people are getting checks from the United States that represent
the tax cuts Democrats in Congress passed. So this is not a question;
this is a matter of fact. Democrats cut taxes $194 billion. Those are
not my numbers. Those are the numbers from the Congressional Budget
Office.
All of this talk about big tax increases is just talk. It has no
relationship to this budget and no relationship to last year's budget.
It has no relationship to this year's budget.
I present the factual record. It is as clear as it can be. We lowered
taxes $194 billion in the year under the budget resolution we passed
last year.
With that, Madam President, I yield the floor.
I suggest the absence of a quorum and ask unanimous consent that the
time be charged equally.
The PRESIDING OFFICER (Ms. Klobuchar). Without objection, it is so
ordered.
The clerk will call the roll.
The bill clerk proceeded to call the roll.
Mr. GREGG. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. GREGG. Madam President, I now suggest we yield back the time
remaining on this motion and that we turn to the motion to instruct by
Senator Kyl. So I ask unanimous consent to yield back all time.
The PRESIDING OFFICER. Is there objection?
The Senator from North Dakota.
Mr. CONRAD. Madam President, I will not object. So let's go forward
with that, and then I will seek recognition.
The PRESIDING OFFICER. Without objection, it is so ordered.
The Senator from North Dakota.
Mr. CONRAD. Madam President, I ask that we enter into a unanimous
consent agreement on the Kyl motion--there will also be a side by
side--that we do an hour on the two, equally divided.
Mr. GREGG. Madam President, to my knowledge we have not seen the side
by side.
Mr. CONRAD. Oh, they are typing up the comprehensive agreement. So
shall we----
Mr. GREGG. Why don't we proceed with Senator Kyl, and after we see
your side by side, we can talk about time agreements because we already
have an hour.
Mr. CONRAD. Let's proceed on the basis that we will make a good-faith
attempt that we try to do this in an hour. Is that OK?
Mr. GREGG. That is fine with me.
The PRESIDING OFFICER. The Senator from Arizona.
Mr. KYL. Thank you, Madam President. I am going to take a couple of
minutes to lay this motion down and then leave the floor. I will come
back. Senator Grassley will be here in about a half an hour. I know he
wants to speak to this motion. So the total time consumed should not be
more than that, but exactly when we will do the time I am not precisely
sure.
Mr. CONRAD. Madam President, if I can say, maybe we can work things
out. We will try to be flexible and work in people as they come. We
will do our best effort to get it done in an hour.
Motion To Instruct
Mr. KYL. Madam President, I have a motion at the desk.
The PRESIDING OFFICER. The clerk will report.
The bill clerk read as follows:
The Senator from Arizona [Mr. Kyl] moves that the conferees
on the part of the Senate on the disagreeing votes of the
two Houses on the concurrent resolution S. Con. Res. 70
(the concurrent resolution on the budget for fiscal year
2009) be instructed to reject the House amendment that
assumes $110 billion in tax increases as a result of
having to offset the extension of tax policies that
expired at the end of 2007 and will expire at the end of
2008 (including the AMT patch, the research and
experimentation tax credit, the State and local sales tax
deduction, the combat pay earned income tax credit,
education tax credits, and the alternative energy tax
credits) and insist that the final conference report
include in the recommended levels and amounts in Title I
reductions in revenues commensurate with extending these
tax policies without offsetting tax increases.
Mr. KYL. Madam President, let me simply describe in about 90 seconds
what this motion does, and then I will come back and make the
presentation for it in a moment. This motion would instruct the House
and Senate budget conferees to assume a 1-year extension of the
alternative minimum tax so-called patch, in other words, that the
filers who have not had to pay that would not have to pay it in the
future for another year.
Also, it assumes an extension of the tax extenders, as we call them.
Those are the provisions of the Tax Code that have already expired,
things such as the R&D tax credit; plus those that expire at the end of
this year, things such as the various energy tax credits; and some
international tax credits that have always been the subject of our
extender policy.
These tax extenders and the AMT, alternative minimum tax, fix would
not have to be offset by raising taxes on others. That is the key point
of this motion, that we extend the relief we have given to filers--
about 26 million filers this year--from the alternative minimum tax,
and extend the various so-called tax extender provisions that are
traditionally extended here, and that in neither case would we be
raising taxes in order to pay for them.
Madam President, I will reserve discussing this further until some of
the other speakers are here to make the motion.
The PRESIDING OFFICER. The Senator from North Dakota.
Mr. CONRAD. Madam President, I will offer a side-by-side amendment
that seeks to achieve the same goal. This is one place where we have an
agreement. None of us want to see the alternative minimum tax imposed
on the American people. That would involve 26 million people, up from
4.2 million now. All of us want the so-called tax extenders to be
extended. It would involve the research and development tax credit and
others.
We would add this additional caveat: We ask that every effort be made
to
[[Page S4252]]
offset the cost of these policies by closing the tax gap, shutting down
abusive tax shelters, and addressing these offshore tax havens that are
turning out to be so abusive. We think that is better policy.
We absolutely agree that the alternative minimum tax should not be
expanded. We absolutely agree that the so-called tax extenders, such
things as the research and experimentation tax credit, the deduction
for State and local taxes, the deduction for classroom expenses, the
deduction for qualified education expenses, the incentive for the
charitable IRA rollover, the combat pay earned-income tax credit, and
various energy tax incentives, be extended. But we believe that rather
than just putting that on the charge card and adding to the debt--
meaning that we go out with a tin cup and borrow more money from the
Chinese and the Japanese--we pay for it by going after these abusive
tax shelters, going after these tax scams, these offshore tax havens,
and do it without raising taxes. So I hope my colleagues will support
that as a general principle and an instruction to the conference
committee.
With that, I note the absence of a quorum and ask unanimous consent
that the time be charged equally.
The PRESIDING OFFICER. Without objection, it is so ordered.
The clerk will call the roll.
The journal clerk proceeded to call the roll.
Mr. CONRAD. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. CONRAD. Madam President, I am going to extend my remarks.
I think many people in the country hear the phrase ``AMT'' and they
wonder: What is that? It is the alternative minimum tax. It was
established decades ago because they found there were people making
$200,000 a year who weren't paying any taxes. To address that, they
created the so-called alternative minimum tax.
The problem with it is that it was never indexed for inflation. The
result is that now, instead of affecting just a few people, it is
affecting millions of people. In fact, the estimates are that if we
don't do anything about this, it will increase from 4 million people in
2007 to 26 million people in 2008.
In this budget resolution we say: No, no, don't let that happen.
Don't increase taxes on 26 million American families. Don't do that.
In this instruction to the conferees, we say: Yes, absolutely, don't
allow the alternative minimum tax to grow like a cancer. Instead, let's
take care of that. Let's remove it as an option, and let's try to pay
for it by closing down these abusive tax shelters, these offshore tax
havens, and closing the tax gap.
Our friends on the other side have a different approach. They just
want to put it on the charge card. The problem with that is if you
eliminate the alternative minimum tax without paying for it, it adds
$1.7 trillion to the debt. That is trillion with a ``t.'' Where do we
get the money? Well, we borrow it.
We have been doing a lot of borrowing under this President. This is
his record. He is building a wall of debt that is almost unprecedented
in the history of the finances of this country. When he came in at the
end of his first year, the debt was $5.8 trillion. At the end of his
tenure, it will be $10.4 trillion. In the 8 years he is responsible
for, the debt will have risen to $10.4 trillion. In fact, he will have
nearly doubled the debt of the country.
More alarming is where we are getting it from because increasingly we
are getting this money by borrowing from Japan and China. We even owe
Korea money. This chart shows it. This chart shows that it took 42
Presidents 224 years to run up $1 trillion of U.S. debt held abroad; $1
trillion of foreign-held debt--foreign-held U.S. debt. It took 224
years to run up $1 trillion of foreign-held debt and all these
Presidents, 42 of them. This President tops them all. He increased
foreign holdings of our debt by $1.51 trillion so far, and counting. He
has dug a very deep hole.
We have proposed a series of reforms.
I held up just moments ago a picture of a French sewer system and
asked the question: What does this have to do with the U.S. budget?
Well, it turns out it has quite a bit to do with the U.S. budget
because we now find companies in this country--wealthy individuals
buying European sewer systems, not because they are in the sewer
business but because they want to avoid taxes in this country. How do
the two have any relationship? Well, here is how it works: They buy a
European sewer system, they put it on their books here, they depreciate
it for tax purposes here, reducing their tax bill, and they lease the
sewer system back to the European cities that built them in the first
place. What a scam.
I just held up a picture of this little five-story building. Here it
is. This little building down in the Cayman Islands is home to 12,748
companies. What a remarkable building this is. That little five-story
building is supposedly the corporate headquarters of 12,748 companies.
Now, are they all really doing business out of that little building
down in the Cayman Islands? No, of course not. They are not doing
business down there. They have a postal drop down there in order to
claim that it is their headquarters for tax purposes. Why would they do
that? Because the Cayman Islands doesn't have any taxes. So what they
do is they have a subsidiary of this company that sells to another
subsidiary that is wholly owned, and they sell at cost to subsidiary
No. 2. Then they sell from subsidiary No. 2 to subsidiary No. 3 that is
down in the Cayman Islands. They sell to them at cost. Then the
subsidiary in the Cayman Islands sells to another subsidiary over in
Germany or France and shows a big profit in the Cayman Islands where
there are no taxes. That is an outrage. The vast majority of us pay
what we owe. We have some who don't, and they are getting away with it
with these scams. We say shut it down.
Let's not go borrow more from China and Japan and dig the hole deeper
the way the President wants us to do. That is what our budget
resolution says. That is what my amendment says. Yes, absolutely, don't
let the alternative minimum tax be expanded from 4.2 million people in
this country to 26 million. Don't let that happen. Yes, extend the
research and experimentation credit. Yes, extend the sales tax
deduction. Yes, provide for these other important tax incentives,
especially the energy tax incentives. But instead of borrowing the
money, instead of just going back hat in hand to China and Japan and
asking them for more money, let's shut down these offshore tax havens,
these abusive tax shelters and this tax gap where we have people who
owe money but aren't paying it. Let's go after them instead of going
over to China and being dependent on the kindness of strangers to
finance our country.
We are headed for a cliff here because under this administration the
debt has skyrocketed before the baby boomers ever retire. I have shown
the chart that shows what has happened to the debt. The debt has gone
up like a scalded cat.
Here is what has happened to the debt under this President and these
policies: up, up, and away. He has nearly doubled the federal debt. He
has more than doubled the foreign holdings of our debt. In fact, the
increase in foreign-held debt under this President is now 150 percent
of the amount accumulated by all previous Presidents combined over 224
years. As a result, we now owe the Chinese hundreds of billions of
dollars. We owe the Japanese even more. We even owe Korea now over $40
billion. Enough is enough. Enough is enough. Let's quit digging the
hole deeper. Yes, absolutely, let's provide middle-class tax relief.
That is in this budget.
As I have said before, with all the talk from the other side about
the biggest tax increase in the history of the world, here is the
record. Democrats had been in charge for 1 year and we have provided
$194 billion of tax relief, and you don't have to wonder if that is
true. Just go home and check your mailbox. You are receiving a check
passed by this Congress, signed by the President--a stimulus package--
with $150 billion in that package alone. But we have taken other steps
to provide other tax relief as well, including not allowing, last year,
the alternative minimum tax to be expanded, and we are not going to let
the alternative minimum tax be expanded this year either. That is a
fact. That is the record. It is not rhetoric, it is a fact.
[[Page S4253]]
Madam President, I yield the floor and note the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The legislative clerk called the roll.
Mr. CONRAD. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. CONRAD. Perhaps, I would ask the ranking member, could we just
agree that whenever we go into a quorum call, we equally divide the
time?
Mr. GREGG. Yes.
Mr. CONRAD. I ask unanimous consent that we adopt that as a rule,
that any time we go into a quorum call, we equally divide the time.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. CONRAD. I yield the floor and note the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The legislative clerk proceeded to call the roll.
Mr. CONRAD. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. CONRAD. I would ask the Senator from South Carolina, would it be
acceptable--I understand it is with Senator Boxer who has a matching
motion to yours--to have 30 minutes equally divided?
Mr. DeMINT. Yes.
Mr. GREGG. On both motions?
Mr. DeMINT. I just have one. Thirty minutes equally divided?
Mr. CONRAD. On the two.
Mr. DeMINT. Yes.
Mr. CONRAD. That would help very much. I appreciate the Senator's
courtesy.
Madam President, I ask unanimous consent that we have 30 minutes
equally divided on the DeMint and the Boxer motions.
The PRESIDING OFFICER. Without objection, it is so ordered.
The PRESIDING OFFICER. The Senator from South Carolina is recognized.
Motion to Instruct
Mr. DeMINT. Madam President, I send a motion to the desk.
The PRESIDING OFFICER. The clerk will report.
The legislative clerk read as follows:
The Senator from South Carolina [Mr. DeMint] moves that the
conferees on the part of the Senate on the disagreeing
votes of the two Houses on the concurrent resolution S.
Con. Res. 70 (the concurrent resolution on the budget for
fiscal year 2009) be instructed to insist that if the
final conference report includes section 304 of S. Con.
Res. 70, the deficit neutral reserve fund to invest in
clean energy, preserve the environment and provide for
certain settlements, as passed by the Senate, that such
section shall include an additional requirement that
legislation providing for new mandates on greenhouse gas
emissions that would harm the United States economy or
result in a loss of jobs should not be enacted unless
similar mandates are enacted by China and India.
Mr. DeMINT. Madam President, I want to take a few moments to explain
this motion. I hope we can all agree on it. If there is one thing that
we hear from both sides when we are talking about trade around the
world, and trade agreements, it is there needs to be a level playing
field; that trade needs to be fair; that the terms should be the same
on both sides.
This motion to instruct the conferees addresses that one issue. It
would prevent Congress from passing any law with new mandates on
greenhouse gas emissions that would harm the U.S. economy or result in
job loss unless both China and India had the same mandates--in other
words, if we had a level playing field. It is not going to help the
environment in the United States or the world if we pass mandates that
raise the cost of doing business in our country, particularly those
companies that are energy intensive, especially manufacturing, if we
create mandates that do not exist in India or China. Our companies will
simply relocate to other countries, taking American jobs with them.
The point of this motion is to put in front of all of the conferees
the idea that it is important for us to reduce greenhouse emissions, to
reduce CO2 emissions all over the world. But it is also
important for us to keep in mind that if we do something that is
isolated to the United States, that hurts our economy and costs us
jobs. It makes no sense if we don't require the major industrial
countries, such as China and India, to do the same.
So we have seen over the last 15 years that CO2 emissions
in the United States have actually grown less than the economy has
grown. So our productivity is increasing, and our use per capita, as
far as CO2, is actually declining. We see at the same time a
100-percent increase in emissions from China and India. Anybody who
watched the prelude to the Olympics in China can see the results of
that in the air.
So I ask my colleagues--particularly the conferees--to support the
idea that we will not do anything that puts new emissions standards on
our companies in this country, if we know it is going to hurt the
economy or jobs, and that we need to insist the same standards apply in
China and India.
With that, I will yield the floor and suggest the absence of a
quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The legislative clerk proceeded to call the roll.
Mrs. BOXER. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mrs. BOXER. Madam President, I rise to speak against the DeMint
motion and in favor of the Boxer motion, which takes on the issue of
global warming in a way that is consistent with the information and the
facts that we have today.
The DeMint motion is a throwback to 10, 11 years ago when everybody
around here, including myself, was saying we better watch out and not
do anything about global warming until the undeveloped world acts. We
better sit back and do nothing. You know what. We cannot do that
anymore. This is a time of change. This is a time where we have to
challenge the status quo. This is a time when we need to stand up as
the leading country in the world and say that we can fight global
warming, and we can win this fight. As a matter of fact, if we approach
it with hope, not fear, we are going to create tens of thousands,
hundreds of thousands of new jobs. We are going to get our people off
of fossil fuel, not having to worry about gas prices anymore, and we
will create new technologies that will spur us on to an economic
renaissance.
But what happens with the DeMint motion, he gives China and India a
veto power over what we should be doing. Imagine sitting back and
saying we are not going to do anything about human rights until China
acts. We are not going to do anything about a better educational system
until India acts.
Why would we give up our chance to take the mantle of leadership and
finally grab hold of this issue, and do it in a way that makes us quite
strong in the global marketplace? So when you look at the DeMint
motion, it is very similar to what passed in the last century, if you
will, more than 10 years ago. That is why I think my friend's party is
in so much trouble--because they fight against change, they fight for
the status quo, they fear change, and this is a time of change.
I didn't ask for this moment during the budget debate. I don't think
this is the right place to debate a cap-and-trade system because we
will be tackling this subject matter soon enough. It is not going to be
easy. Change isn't easy. But this is positive change, where America
says we will lead. We know from the Pentagon, and we know from our
intelligence officials that if we do nothing, we become less secure in
the world because global warming, we know, will have an impact on
drought, floods, cyclones--all of the things we are already seeing--if
we do nothing because we have given over our chance to act to India and
China, and our people will suffer.
Yesterday, the Bush administration declared that the polar bear is a
threatened species because the polar bears' habitat is shrinking away.
The permafrost and the ice that the polar bear stands on to hunt is
literally melting out from under them. Now, for the Bush administration
to declare that is extraordinary. They said it is because of global
warming, and that in 30, 40 years we will not have any more polar
bears. That is one example.
Scientists tell us 50 percent of God's species could be gone. For
those of us who happen to believe there is a spirituality to this
world--and I do--it is
[[Page S4254]]
our destiny to save the planet. It is not our destiny to support the
DeMint motion, which leaves it up to China and India.
We have a better way. We say in our substitute that no legislation
should pass mandates on greenhouse gas emissions until it effectively
addresses imports from China and India and other nations that have no
similar emissions programs. We agree that no bill should pass unless it
addresses the imports from these nations. So that is our alternative--
not to say stop the world, I want to get off; not to say that America
will be missing in action in the biggest domestic challenge of our
time, but to grab hold of that challenge and make sure we do it in a
way that is fair to our industry, fair to our workers, fair to our
consumers, fair to our manufacturers. And when those imports come in at
our ports, if those countries seeking entry into our country do not
have equivalent programs, then they will have to get the allowances at
the border in order to bring those goods into the country.
That is the way we are going to handle this problem. So, once again,
I say to my colleagues, we are going to have a debate on global warming
very soon, thanks to Senator Reid putting it on the schedule for June
2.
When we are told by the leading scientists of the world that if
global warming is left unchecked, our planet will become inhospitable
to us as human beings, to our children, to our grandchildren, and that
there will be vectors around that we cannot combat, there will be
amoebas in our water, bacteria that have never been there before; there
will be storms, cyclones, droughts, and floods--extreme weather
conditions; when we see that the habitat for beautiful animals--God's
creatures, such as the polar bear--is already being impacted now as we
speak, for us to say we will do nothing until China acts--I don't want
China dictating what I do in this country. I don't want India dictating
what I do in this country. I want to make sure that we handle this
issue right and that we are not disadvantaged because they may not act.
That is what our alternative does.
I hope we will have a good vote on that alternative and reject the
status quo--the throwback position of Senator DeMint.
I yield the floor and reserve the remainder of my time.
The PRESIDING OFFICER. The Senator from South Carolina is recognized.
Mr. DeMINT. Madam President, I appreciate the comments by my
colleague from California. Certainly, it should be our highest priority
as a nation to continue to remove CO2 emissions throughout
our country. We don't need to wait for any other country to act, only
our own.
We do need to recognize that if we put such a burden on our
industries in America, they will move production to China, and they
will do their polluting somewhere else rather than here. If that is
what our legislation does, then we do nothing for the environment, and
the only thing we do for our country is send jobs overseas. We need to
be smarter in how we deal with this matter.
The side-by-side motion by my colleague from California would add
insult to injury. She wants to leave us open to lose jobs in America by
putting mandates on our companies that hurt our economy and cost us
jobs. Then she wants to add taxes on products that are coming from
other countries that don't abide by our mandates so that products cost
more for the people who live here, many of whom would not have jobs.
We cannot solve our environmental problems with this kind of
convoluted logic. The motion I have put forward simply says if--and
only if--a mandate is known to hurt our economy and costs our jobs,
then we need to figure out a different way to deal with it than to put
a mandate on a U.S. company in competition with businesses that don't
have the same mandate in other countries we trade with.
It is only common sense, and it doesn't make sense, again, to send
jobs overseas and then try to add taxes to products that we buy from
around the world. I encourage my colleagues to think this through. Let
me provide a few more facts about what we are trying to do.
We need to work to reduce greenhouse gases, and there are many things
we can do that do not hurt our economy and don't drive jobs out of our
country. In fact, if we look at it closely, good economics is usually
good for the environment. We see that if we move with all compassion
but just knee-jerk reactions, we end up with programs, such as an
ethanol mandate, that do not help the environment, raise the price of
food, and hurt people all over the world. I am afraid that same type of
thinking is going on right now.
It is a laudable goal, one with which I agree, that we should
continue to work in all reasonable ways to reduce CO2
emissions in our country.
One recent study from the University of California found that China
passed the United States in carbon emissions in 2006 and is now the
largest pollution-producing country in the world. This has just been in
a few short years, and they are growing much faster than we are.
We do need to keep in mind that carbon in the air that comes from
China does as much to hurt the worldwide environment, if, in fact, it
does affect global warming--it doesn't matter if it is coming from the
United States or China. If we ignore what other countries are doing, we
do it at our own peril.
My motion is very similar to bipartisan agreements that we had in the
Congress when discussing the Kyoto agreement. It makes no sense to bind
our own companies with expensive mandates if we do not have cooperation
from countries in other parts of the world. We simply move our
production and our jobs somewhere else. So we need to be logical about
it.
I mentioned before, according to a World Bank study, both China and
India have increased CO2 emissions by nearly 100 percent
from 1990 to 2004, while the United States emissions in that same
period only increased by 25 percent, which is less than the growth of
our economy during that period.
This emissions scheme we have talked about would export American
manufacturing jobs to China and India. With the solution that is being
presented by my colleague from California, she is basically saying: OK,
let's hurt the economy and lose jobs in this country, but we can make
up for it by raising prices of goods that come to us from China and
India. That is not going to help anyone in this country, and it is not
going to do anything to reduce emissions in the world. It is playing
musical chairs with American jobs and basically encouraging the
environment to be spoiled in other parts of the world.
In order to truly address greenhouse gas emissions, it is imperative
that China, India, and other countries that are emitting need to work
together. So if we take this on simply as one country, we will hurt
ourselves, we would not help the environment and we will send jobs
overseas and actually encourage pollution, magnified, in effect, by not
acting in a way that tries to seek cooperation around the world.
I certainly encourage my colleagues to respond to the need to reduce
CO2 emissions and to look at ways we are doing it already
that actually create jobs and don't take them from our country. But
let's not solve the problem by making it worse and shipping our jobs
and pollution overseas and expect to do any good with our legislation.
Madam President, I reserve the remainder of my time and yield the
floor.
Mrs. BOXER. How much time remains on both sides?
The PRESIDING OFFICER. The Senator from California has 5 minutes 57
seconds. The Senator from South Carolina has 6 minutes 51 seconds.
Mrs. BOXER. Madam President, will you let me know when I have used up
5 minutes?
The PRESIDING OFFICER. The Chair will so advise.
Mrs. BOXER. Madam President, I say to my colleagues that Senator
DeMint's motion is a back-to-the-future position. Again, it is why his
party is in so much trouble. It is not looking ahead with hope; it is
looking ahead with fear. It is giving veto power to countries that we
should not be following. We should not be following the environmental
policies of China. You can barely breathe over there. Yet they are
going to have the same until they decide to act and we sit here and do
nothing about one of the greatest challenges to face our generation.
[[Page S4255]]
I cannot look into the eyes of my grandchildren and tell them: Sorry,
I am giving over my proxy to China, I am giving over my proxy to India,
and I can't do anything about it.
I don't know exactly what my colleague is talking about. He is
telling me what I support, and he has no right to do that. He has no
right to say I support higher taxes on consumers because I don't. He
has no right to say I want to give away jobs. I have more support from
working men and women in my State than probably almost anyone in this
body. I take second to none in that category of fighting for the
environment and fighting for jobs.
Actually, if my friend knew a little bit more about what we are
talking about, he would understand that the bill we are going to come
up with has one of the biggest tax cuts in history in it--let me repeat
that, one of the biggest tax cuts in history in it--which is going to
ease the pain and ease the burden on consumers and on our people and
help them pay for high prices of gasoline.
My bill has cuts in carbon of 2 percent a year that we think is
doable, and our bill is deficit neutral. It is, as my friend should
know, a very bipartisan bill--Boxer, a Democrat; Lieberman, an
Independent; Warner, a Republican, and it has bipartisan support.
For someone to stand up and say the purpose of that bill is to hurt
consumers, hurt America, hurt jobs, then they have not read the bill or
they are giving a political speech. You can put lipstick on a pig, but
it is still a pig.
I look at my friend's motion as a sad one. It is a position of
surrender. It takes us back to the nineties, when we didn't know what
we now know about global warming. It takes us back to the nineties,
when we feared taking on that challenge. But our time has come. The
time for change is here. It is time, once and for all, to stand up and
say we are not going to depend on foreign oil anymore, we are going to
make sure we have technology developed in this country that will get us
away from foreign oil and away from the countries that hold such a vise
around our neck. That is why Senator Warner is on this bill, that is
why Senator Lieberman is on this bill, that is why I am on this bill,
and many other colleagues on both sides of the aisle.
So for my colleague to bring this issue up on the budget resolution
is unbelievable because he has not even seen the bill. To stand up and
say that what I want to do and what those of us who want to act against
global warming will do is bad for our country is quite the opposite.
In Great Britain, over the last 10 years, they have reduced carbon
emissions by 15 percent. Their GDP rose by 45 percent, and 500,000 jobs
were created that are green-collar jobs.
You can stand in the corner and shiver and shake and say: Please,
China, please act so we can act. You can say: Oh, India, please act so
we can act. Or you can stand up like an American and say: We lead.
This vote is an important vote because what I say in my side-by-side
motion is we will not support legislation that does not address the
issue of imports from countries such as China and India that have no
emissions program.
Motion to Instruct
Madam President, I have a motion to instruct at the desk. I wish to
make that clear.
The PRESIDING OFFICER. The clerk will report.
The legislative clerk read as follows:
The Senator from California [Mrs. Boxer] moves that the
conferees on the part of the Senate on the disagreeing votes
of the two Houses on the concurrent resolution, S. Con. Res.
70, the concurrent resolution on the budget for fiscal year
2009, be instructed that--
no legislation providing for new mandates on greenhouse gas
emissions should be enacted until it effectively addresses
imports from China, India, and other nations that have no
similar emissions programs.
Mrs. BOXER. I didn't want to forget to offer the motion.
The PRESIDING OFFICER. The Senator has consumed 5 minutes.
Mrs. BOXER. I reserve the remainder of my time. I look forward to a
good vote on the Boxer motion.
The PRESIDING OFFICER. Who yields time? The Senator from Iowa.
Mr. GRASSLEY. Madam President, I ask to take 10 minutes off the Kyl
time.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. GRASSLEY. Madam President, I believe we should adopt Senator
Kyl's motion to instruct the budget conferees. First of all, I wish to
comment on the status of the alternative minimum tax. There is some
good news regarding the need to do a patch to protect over 20 million
families. The Democratic leadership in this body recognized the
importance of halting the effect of this tax on these families and
provided room in the budget for a patch for this year.
I commend my friend, the chairman of the Budget Committee, for that
improvement of the budget resolution over previous years. I do so again
and note that the Kyl instruction is consistent with the chairman's
position in that regard.
The bad news is, we are halfway through the year and the patch has
not been done. The reason is that Blue Dog Democrats in the other body
will not supply the votes for an un-offset patch in the House of
Representatives.
By the way, the only Blue Dog answer to deficit reduction is to raise
taxes. We have seen it on the AMT, and we have seen it on spending
legislation. We are seeing now the GI benefit provisions in the war
supplemental bill. Why they think of only raising taxes and not of
where to cut spending levels to offset the need to spend someplace else
I don't understand. They never seem to propose spending cuts as a
remedy. I think it is fair for me to say they never do. They only ask
for higher taxes.
I hope people in this body will start to pay attention to this issue.
The Blue Dogs' bark is deficit reduction, but their bite is always more
taxes.
In addition to the AMT patch, both bodies need to deal with several
expired provisions of tax law. We need to focus on this problem and get
legislation ready.
Earlier today, the House began work on an extenders bill. It is
offset with tax increases. I urge them to send the bill to the Senate
so Chairman Baucus and I will have a vehicle to deal with this pressing
problem. We need to act ahead of time. We need to act before the IRS
forms are finalized. We cannot go through another filing season fiasco,
such as waiting until December last year when it finally got passed,
and the IRS had a lot of extra work after the forms had already gone
out. Let's not create big problems for our taxpayers and the Internal
Revenue Service.
Senator Kyl's motion then is very important to assure us of the
quickest route to complete action on AMT and extenders. The quickest
route is the same route as last year: Drop the offset demand.
Folks on the other side happen to be complaining all the time that
offsets are essential. I would like to make it clear that the policy
issues behind offsets are one thing. We ought to ask ourselves the same
question on any tax policy proposal, whether it raises revenue or loses
revenue. The question should be: Does a tax legislative proposal make
tax policy sense? It ought to be decided on the basis of policy. That
is the bottom line.
On the matters of tax policy, Senator Kyl's motion to instruct, the
answer is very evident. On the AMT patch and extenders, the answer is
overwhelmingly clear. The answer is ``yes'' on the motion to instruct.
The policy call is a slam dunk. It is backed up by the politics; that
is, supermajority votes for an AMT patch and extenders in the House and
Senate that are very difficult to get.
We have to divorce the merits of the current law provisions from the
offset question. Offsets should be judged on their merits. An AMT patch
and extenders should be judged on their merits. Why should we seek
divorce of the two, some might ask. Here is the reason.
Right now, we have a budget process, including pay-go, that is biased
toward higher taxes and, of course, higher spending. As evidence, take
a look at expiring spending provisions. According to the CBO, they
total $1.3 trillion--a whole $1.3 trillion. That is double a permanent
AMT patch score. That spending is not subject to pay-go. It, unlike
expiring tax provisions, is included in the baseline; hence, it is home
free. Just like the record tax increases built into this budget, so too
is a record spending increase.
[[Page S4256]]
I have not even talked about appropriations increases. That
additional above-baseline spending is included as permanent, once
passed.
The PRESIDING OFFICER. The Senator from North Dakota.
Mr. CONRAD. Madam President, through you, I ask the Senator if he
would yield for the purpose of a unanimous consent agreement we have
worked out?
Mr. GRASSLEY. Yes.
Mr. CONRAD. I think it would be helpful to the overall process that
we do this.
Mr. GRASSLEY. Yes.
Mr. CONRAD. Madam President, I ask unanimous consent that the
following motions to instruct conferees be the only motions, except the
pending motions, with no amendment in order to the motions, and that
would be the Conrad AMT and the Kyl AMT amendments, with 60 minutes
equally divided, with the time already consumed being applied to the 60
minutes; that there be a Democratic nuclear energy reserve fund
amendment and a Republican nuclear energy reserve fund amendment and
the two amendments be limited to 30 minutes equally divided; that there
be a Democratic OCS amendment and a Vitter OCS amendment, with 30
minutes equally divided.
We have already had initial debate on the Boxer China-India and the
DeMint China-India amendment with 30 minutes equally divided, and we
will apply all time already consumed to that 30-minute limit.
Finally, a Gregg or Republican $1 trillion cap on discretionary
spending amendment with 30 minutes equally divided; that points of
order be waived; that upon the use of debate time on each motion, it be
set aside and the motions to be voted in the order listed; that there
be 2 minutes prior to each vote, and then after the first vote, the
vote time be limited to 10 minutes each; that upon the use of all time,
the Senate proceed to vote in relation to each motion; that there be 60
minutes of general debate time available to the chair and the ranking
member.
The PRESIDING OFFICER. Is there objection? Without objection, it is
so ordered.
Mr. CONRAD. Madam President, I would note that obviously the
amendment that has already been debated in the time consumed, the Gregg
amendment, would be the first amendment to be voted on and these other
amendments voted on in the order indicated, or we will do it as
offered. I guess we can do it as offered, if that would accommodate the
Senator from California, because we did the Boxer-DeMint amendment
offered earlier. We will do it as offered.
I thank the Senator from Iowa for his courtesy.
Mr. GRASSLEY. Would you give me 1 more minute added to what I had?
Mr. CONRAD. Absolutely, an additional minute. Always, anytime, to the
Senator from Iowa.
Mr. GRASSLEY. Madam President, I have been given 1 additional minute,
so I have 5 minutes left at this point?
The PRESIDING OFFICER. That is correct.
Mr. GRASSLEY. The bottom line is that it is about time we start
treating spending and taxes the same, under pay-go. So the Kyl motion
to instruct treats expiring tax relief the same as expiring spending.
That reason alone, aside from the merits of the AMT patch and
extenders, should be enough to get the support from all of us on the
Kyl motion to instruct.
The bottom line is that pay-go has a bias toward tax increases and
increased spending. We ought to have the same rules apply to the
expenditure side as to the tax side. Presently, they do not. But this
would make it possible for that to be the case.
The chairman of the Budget Committee continues to say he is going to
bring in all this money from shutting down abusive tax shelters, which
I also favor. Some examples are cross-border leases of foreign sewer
systems, which he mentioned, or shutting down tax havens, which he
mentioned. I would support him in every one of those efforts.
But Congress has done a great deal already, shutting down abusive
leasing deals. We did that in 2004. The Senate has tried to shut off
tax benefits from older deals, but the House Democrats have rejected
closing those loopholes. So I do not see how the distinguished chairman
can count on this revenue even though he keeps saying this is the
answer to all of our offset problems--in other words, getting enough
new revenue to offset tax cuts someplace else.
The chairman also continues to say we can get $100 billion per year
from shutting down offshore tax havens, according to the Permanent
Subcommittee on Investigations. The fact is, there are no legislative
proposals out there that the Joint Tax Committee has scored to bring in
anywhere close to the $100 billion we are led by the other side, by the
majority, to believe we are going to be able to do.
The 12,748 companies the chairman says are in the Ugland House in the
Cayman Islands are not claiming to be doing business there. It is
simply their registered address, just like an address in Nevada or
Delaware is a registered address of many more thousands of companies.
Does the chairman have a picture of an office building in Wilmington,
DE, or Reno, NV? I assume the chairman is just as willing to go after
onshore tax evasion facilities by State corporate law as offshore tax
evasion, and he would want to do so in a way that does not put our
information exchange network at risk.
The chairman knows that it is the Joint Committee on Taxation that
provides Congress with revenue scores, not the Permanent Subcommittee
on Investigations. Anything that would raise the kind of money assumed
in this budget would involve a significant change in tax policy, which
is the last thing the chairman says he wants to do.
Again, I do not see how the distinguished chairman can count on all
this revenue without assuming substantial tax increases when the Joint
Committee on Taxation, the ``god'' of assuming revenue coming in under
tax law changes--if that ``god'' cannot score it.
I yield the floor.
Madam President, I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The legislative clerk proceeded to call the roll.
Mr. KYL. I ask unanimous consent that the order for the quorum call
be rescinded.
The PRESIDING OFFICER (Ms. Klobuchar). Without objection, it is so
ordered.
Mr. KYL. Madam President, I had earlier filed and Senator Grassley
had spoken on a motion to instruct conferees. An alternative has been
presented by Senator Conrad. I wish to discuss both of them, this
motion to instruct conferees on the alternative minimum tax, and the
so-called tax extenders.
Each year Congress is required to fix the AMT because without such a
fix--around here it is called a patch--but without such a fix, it would
apply to, last year 22 million people, this year 26 million people. It
was never intended to apply to those people.
It was originated about 20 years ago because there were a couple
hundred millionaires who were not paying taxes because of all of their
credits, deductions, offsets, and so on. People in Congress thought
that was not right, so we said: Well, no matter what, even if you have
enough other tax shelters to eliminate your tax liability, we are going
to make you pay an alternative minimum tax, no matter what. But it was
not indexed for inflation, so now everyone is going to have to be
paying it. Each year Congress says: Well, we did not intend that, so we
will fix it so you do not have to pay it this year.
The question is not whether we are going to relieve taxpayers from
that--we will--but whether the rules of the Democratic majority that it
has to be paid for will, in fact, be implemented so that we have to
raise taxes in order to save taxes, save people from having to pay
taxes. Obviously it does not make any sense to say to taxpayers: You
should have not to pay the alternative minimum tax, but under the
Democratic rules we have to raise your taxes so that the Government
does not lose any money from us relieving you of that tax liability.
That does not make any sense.
So each year we waive that requirement. All we are saying here is we
need to do that again this year. I understand the pay-go requirement is
part of the Democratic rule around here. It has not been applied in the
past for a very good reason: It makes no sense, and it should not be
applied here either.
[[Page S4257]]
We never intended that this tax apply to 26 million taxpayers, we
never intended to collect the revenue, we are not going to collect the
revenue. So why do we have to make the Government whole for revenue
that we never intended to give it in the first place, especially since
it means raising taxes on people in order to ``pay for the reduction in
revenues to the Treasury''? That is what this resolution is about.
The other half of it is to instruct the conferees that we need to
also extend the so-called extenders. Now, that is shorthand around here
for a variety of tax provisions which provide various credits and other
relief to taxpayers such as the research and development tax credit.
But we only do that a year at a time, so every year about this time we
have to start talking about passing the extenders package. We are going
to do it; there is not going to be any debate about it. The
distinguished chairman of the Budget Committee made the point earlier
that agrees with us that this needs to be done; it is a question of how
we do it.
What we are doing is saying here, today, we need to do it in the
following way: Pass it as we did last year. You do not have to raise
taxes somewhere else in order to ``pay for it.''
This is not a case that make any sense for us. If you are going to
give tax relief, why would you raise taxes to have to pay for it? We
are not counting on any revenue. Every year we do it this way. So why
the charade that somehow we have to raise taxes to pay for something we
never intended to collect revenue from in the first place?
That is what this resolution does. Let's strip away the pretense here
that somehow or other we are going to pay for it. ``Pay for'' are not
the right words anyway. That starts from the presumption that the
Government owns all of this money, and that if we ever decide to give
the taxpayers a break so they do not have to pay for it all, the
Government gets to make up the revenue some other way.
How does the Government make up revenue? It taxes people. That is the
only way the Government makes revenue. So the assumption is, well, the
Government deserves all of this money, and if we ever say we are not
going to collect some of it because we want people to keep more of it,
then we have to make that up some other way, obviously by raising
taxes.
I would rather start from the other premise, which is that the money
belongs to the people and especially in times of economic downturn it
is important that they be able to use, in the way that they deem most
beneficial, the income they have earned, and that when we say we are
going to relieve them of the alternative minimum tax liability, for
example, we are doing that for a reason, and we do not need to start
from the premise that it is the Government's money and somehow we have
to keep the Government whole and give the Government money by raising
taxes even though they were never going to collect this AMT revenue in
the first place.
This must sound like a strange debate to the American people. But
that is what the rule the Democratic majority has in place would
require. That is what the budget would require. All we are saying is,
since we are going to be passing a budget, let's instruct the conferees
on the budget here that is not what we are going to do here. We are
going to do it as we have in the past, as we did last year. We are
going to pass the AMT relief, we are going to pass the extenders, and,
no, we are not going to raise taxes on someone in order to pay for
them.
Now, what is the alternative that the distinguished chairman of the
Committee comes up with? It is the identical motion I have, with one
other provision. It is this addition:
And that we should insist that every effort should be
made--
That is a sure sign for: We are not really going to do anything about
this, but we at least want to make it sound good--
to offset the cost of these policies by closing the tax gap,
shutting down abusive tax shelters, addressing offshore tax
havens without raising taxes.
Well, I am glad we have the ``without raising taxes'' in there,
because none of us wants to raise taxes. But this reminds me of the
candidates, and we have all seen them out on the stump: Yes, we have a
huge Federal budget deficit, but I want to spend more money. The way we
are going to pay for it is we are going to end waste, fraud, and abuse
in Government. That is a sure sign for a politician who has not figured
out how to get the money in any other way. Everyone is going to end
waste, fraud, and abuse. You know, I used that phrase in a sort of
facetious way, but actually I think it is in here.
Shutting down abusive tax shelters. There we are. Abuse. Waste,
fraud, and abuse. Addressing offshore tax havens. The reality is, the
Finance Committee on which we sit comes up with offsets to offset true
tax policy whenever we can, and we have wrung out our Tax Code for
every last dollar we can find that involves waste, fraud, and abuse.
There are not any abusive tax shelters out there. If they are out
there, we have not found them or we would sure enough have gotten the
money from them. The same thing about offshore tax havens. We have
gotten about $60 or $70 billion from these, and there is no more to
get. If there is, we would have gotten it by now.
Then there is the tax gap. The tax gap is this: Not everyone pays all
of the income taxes the IRS thinks they owe, and the problem is we do
not know exactly who has not paid. But the estimates are that if most
businesses in an industry pay $100, and some only pay $80, the
assumption is that maybe those that only pay $80 probably ought to be
paying more. We cannot figure it out, but we think the money would be
there if we had a better way to account for it.
We have held hearings, and the experts basically say: There is not
much more you can get. You probably would have to pay more to find it
than it is worth to collect.
We did do one thing, though. We actually subcontracted out to some
tax collectors. If they can go out and find some and they can bring it
back, they get a little piece of the action. It would help us because
they would collect some of these revenues.
The only thing from the other side is, well, let's eliminate that
policy. We are not going to send these guys out to try find where these
taxes are. So if they intended to collect the revenue or to end or
minimize the tax gap, they would not be sponsoring the legislation to
fire all of the people we hired to go out there and find the revenue.
The bottom line is, this is a nice sounding phrase, but it is like
the person that goes out and says: I am going to end waste, fraud, and
abuse. That is how I am going to pay for all of the new spending I am
recommending.
I urge my colleagues to support the motion I have filed, the motion
that Senator Grassley spoke to, and to reject the motion of the
chairman of the Budget Committee which, at the end of the day,
recognizes the reality. We are going to do the AMT patch. We are going
to do the tax extenders. We are not going to pay for them. So let's
don't pretend like we have to find revenue from someplace else in order
to make this happen.
I reserve the remainder of my time and inquire how much remains?
The PRESIDING OFFICER. The Senator has 7 minutes remaining.
Mr. KYL. How much remains on the other side?
The PRESIDING OFFICER. The other side has 16 minutes.
Mr. KYL. I yield the floor.
The PRESIDING OFFICER. The Senator from New Hampshire is recognized.
Motion to Instruct
Mr. GREGG. Madam President, I am not speaking on Senator Kyl's
motion. He has reserved his time. I am going to ask to set aside his
motion and send another motion to the desk.
The PRESIDING OFFICER. The clerk will report the motion.
The assistant legislative clerk read as follows:
The Senator from New Hampshire [Mr. Gregg] moves that the
conferees on the part of the Senate on the disagreeing votes
of the two Houses on the concurrent resolution S. Con. Res.
70 (the concurrent resolution on the budget for fiscal year
2009) be instructed to insist that the final conference
report includes a level for 2009 budget authority not to
exceed $1 trillion for non-emergency discretionary
appropriations.
Mr. GREGG. As I understand the order, we have pending the motion to
instruct that I offered, the motion to instruct which Senator Kyl
offered, the motion to instruct which Senator
[[Page S4258]]
Conrad offered relative to the motion of Senator Kyl, the motion to
instruct which Senator DeMint offered, the motion to instruct which
Senator Boxer offered in relationship to Senator DeMint's motion, and
this motion; is that correct? Is there anything else pending right now?
The PRESIDING OFFICER. There is one correction; otherwise, you are
correct. The Conrad motion is not pending.
Mr. GREGG. The Conrad motion relative to the Kyl motion has not been
sent to the desk.
The PRESIDING OFFICER. That is correct.
Mr. GREGG. Relative to the unanimous consent agreement, other than
the motion I have just sent to the desk, which is a trillion-dollar
spending cap, we would still have available to be sent to the desk the
motion relative to nuclear energy reserve and the motion relative to
offshore drilling, with the side by sides.
The PRESIDING OFFICER. The Senator is correct.
Mr. GREGG. I thank the Chair. I believe all the motions that are
pending, to the extent they still have time remaining on those motions
pursuant to the unanimous consent request, that time is reserved; is
that correct?
The PRESIDING OFFICER. The Senator is correct.
Mr. GREGG. So right now I will address the trillion-dollar spending
one and have that come off that time which is, I believe, 30 minutes
equally divided.
The PRESIDING OFFICER. That is correct.
Mr. GREGG. What this instruction says is, we should not be spending
$1 trillion on discretionary accounts around here. This budget for the
first time, the Democratic budget, because of its increases last year
on top of the increases in this budget, has hit the trillion-dollar
mark. That should be a fairly big red flag, that we are now going to
spend $1 trillion in discretionary spending. I have trouble
comprehending what a trillion dollars is. I suspect almost everybody
does. But if you take all the taxes paid since we began as a republic,
I believe it totals something like $42 trillion. That would be over 200
years. So this one budget is going to spend a fairly significant amount
of what has been raised in taxes since our country began. It is a big
number, $1 trillion. It seems to me we ought to sort of maybe draw a
line here, take a breath, and say: Let's stop. Let's think about what
we are doing. Let's see if rather than spending this huge amount of
money, we can't save a little money.
Last year the Democratic budget, and then the Democratic
appropriations bills, increased spending by $22 billion. That was what
they proposed. It is not just a 1-year event when you raise spending
around here by $22 billion. That compounds over 5 years. It is $22
billion plus $22 billion plus interest, plus $22 billion. It adds up.
In fact, a 5-year number is probably closer to $220 billion, $250
billion, when you spend $22 billion in 1 year or increase spending by
that much. So it is a lot of money. Last year they increased spending
by $22 billion on nondefense discretionary spending. This year it is
not absolutely clear, because it hasn't actually been disclosed to us,
but we know it is going to be well over $20 billion on nondefense
discretionary spending again.
That is why the Democratic budget takes us over $1 trillion; $1.9
trillion, I believe, will be spent under this budget on discretionary
spending. As I said, it is time for a timeout. That is what this motion
to instruct says. It says: Let's go back and rethink this effort. Can't
we somewhere in that trillion dollars find enough savings to get us
back under $1 trillion? Shouldn't we certainly be saying we are not
going to push the American taxpayer over the trillion-dollar number;
rather, we will make a little extra effort to try to reduce spending in
this account if we want to increase spending in that account, rather
than constantly add on to the spending?
This Democratic budget has absolutely no programmatic savings in it.
The President suggested some programmatic savings. I believe his
programmatic savings added up to about $15 billion. None of those was
accepted and none of those was put in this budget. None of those are
assumed. In fact, all it does is add to spending and add to programs.
It is hard to believe that in a trillion-dollar budget, we couldn't
find a mere 1 percent or 2 percent of savings by reducing programs
which have either outserved their usefulness or which, in the order of
priorities, we simply can't afford, and we should make difficult
decisions of maybe not increasing them as much as proposed or maybe
even reducing them. In most instances, we are talking about slowing the
rate of increase. We are not actually talking about reducing.
This is a red-flag motion. It says: Let's pause. Let's think about
this. Do we want to blow through the trillion-dollar mark on the
discretionary side of the ledger without having made some effort to try
to save some money around here, to reallocate money, to set priorities,
and to do what is affordable? I don't think we do. That is why we are
calling on the conferees to take some action to bring this number back
under $1 trillion. That means they have to save $9 billion, $10
billion. That is 1 percent. They ought to be able to do that. I know it
is a lot of money, $10 billion, but on a trillion-dollar budget, it
certainly ought to be a doable event. It does seem to me the American
people deserve that type of effort. We could all earn our pay around
here, a number of times over, if we were to save the American people
$10 billion or $20 billion and allow them to keep that money so they
can spend it and make their lives better rather than have the
Government spend it for them.
That is what this motion does. It instructs the conferees to bring
this budget back under the trillion-dollar level in the discretionary
side.
With that, I reserve the balance of my time and suggest the absence
of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The assistant legislative clerk proceeded to call the roll.
Mr. GREGG. I ask unanimous consent that the order for the quorum call
be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Motion to Instruct
Mr. GREGG. Madam President, I ask unanimous consent to set aside the
pending motion and send to the desk a motion on behalf of Senator
Graham dealing with nuclear power.
The PRESIDING OFFICER. The clerk will report.
The assistant legislative clerk read as follows:
The Senator from New Hampshire [Mr. Gregg], for Mr. Graham,
moves that the conferees on the part of the Senate on the
disagreeing votes of the two Houses on the concurrent
resolution S. Con. Res. 70 (the concurrent resolution on the
budget for fiscal year 2009) be instructed to insist on the
inclusion in the final conference report section 311 of S.
Con. Res. 70, the deficit neutral reserve fund to improve
energy efficiency and production, as passed by the Senate,
and that such section include an additional requirement that
the legislation also encourages the removal of existing
barriers to building new zero-emission nuclear power plants
in the United States.
The PRESIDING OFFICER. The Senator from New Hampshire.
Mr. GREGG. Madam President, I note that the Senator from Louisiana is
on the Senate floor. I had planned to offer this motion on behalf of
Senator Graham in order to move the process along. He is in accordance
with that as he is in a meeting he could not get out of, a briefing on
security. I will reserve the remainder of the time on the motion so
Senator Vitter can be recognized.
The PRESIDING OFFICER. The Senator from Louisiana is recognized.
Mr. VITTER. Thank you, Madam President.
I thank the distinguished ranking member for the courtesy.
Motion To Instruct
Madam President, I have a motion I send to the desk.
The PRESIDING OFFICER. The clerk will report the motion.
The assistant legislative clerk read as follows:
The Senator from Louisiana [Mr. Vitter] moves that the
conferees on the part of the Senate on the disagreeing
votes of the two Houses on the concurrent resolution S.
Con. Res. 70 (the concurrent resolution on the budget for
fiscal year 2009) be instructed to insist that the
conference report include a reserve fund that requires the
Chairman of the Senate Budget Committee to adjust budget
aggregates and the allocation of the Energy Committee, if
the Senate considers legislation that allows a Governor,
with the
[[Page S4259]]
concurrence of the State legislature to petition for
increased energy exploration on the Outer Continental
Shelf and that allows for revenue sharing for such
producing States on new areas of production and new leases
made available, if the average price of regular gasoline
in the United States reaches $5 per gallon.
The PRESIDING OFFICER. The Senator from Louisiana.
Mr. VITTER. Madam President, if I could briefly explain this motion,
it attempts to, again, get us to deal directly with the enormously
important issue, the real crisis that consumers across America face;
that is, the high and escalating cost of energy, including gasoline at
the pump.
This will finally suggest to the American people that we get it, that
we understand their plight, that we feel their pain, if you will, to
use an often used phrase, and we are actually going to do something
about it. We are going to act.
This motion to instruct the conferees would show the Senate is
serious about increasing energy supplies and doing that to decrease
gasoline prices.
The motion is very simple. It would instruct the budget conferees to
include a reserve fund for future legislation that we would be
expressing an intention to pass. That legislation would allow a
Governor, with the concurrence of his or her State legislature, to
petition for increased energy exploration on the Outer Continental
Shelf off of that State.
It would also allow for revenue sharing coming from such exploration
and production, to give producing States a fair share on new areas of
production and new leases made available.
Specifically, I would suggest that we follow the precedent and the
policy we set a few years ago. As we opened new areas of the gulf, we
said the producing States will have a fair share, will finally get
revenue sharing--37.5 percent of the revenue from that new production.
Finally, this would only happen if the price of regular gasoline in
the United States reaches $5 a gallon at the pump.
The American people are wondering right now if we understand what
their daily lives are all about because as gasoline prices at the pump
are high, and higher the next day, and much higher the next month, we
seem to want to do absolutely nothing about it.
This Congress, under Democratic leadership, came into power in
January of 2007. As that happened, the Democratic leadership of this
new Congress was very clear that an absolute top priority was to deal
with sky-high energy prices.
At the time fuel prices were about $2.33 a gallon at the pump. Well,
if that was sky high then, I do not know what adjective to use for
today because since that time, from January 2007 to today, we have gone
from $2.33 a gallon at the pump to about $3.72 a gallon--a 61-percent
increase. Unfortunately, there does not seem to be any real end in
sight.
Now, the American people get this because they live it. They go to
the gas pump weekly. They live it. They see that bill for filling up
their tank go higher and higher. They have to wonder if we get it
because we talk a lot on the Senate floor, we debate a lot, but what
have we done? In my opinion, very, little on this crucial challenge--
even crisis--facing the American people.
When I look at this issue, I go back to economics 101: supply and
demand. Price is set by the intersection of demand and supply. So you
can try to stabilize or lower prices in two ways: You can try to
decrease demand; you can try to increase supply.
I think our energy situation is so dire, so challenging, the
escalating prices are so great, the pace of escalation is so
staggering, that we need to take action on both sides of the equation.
We need to do everything possible on both sides of the equation.
We need to lessen demand or at least mitigate increasing demand from
other countries worldwide, such as China and India. We cannot control
what they do. Their demand is increasing enormously. But at least we
can try to mitigate that with demand reductions in our own economy. I
support those measures: greater efficiency, greater conservation,
moving to alternative forms of fuel and energy. That is all absolutely
crucial. We need to do that. We have done a little of it; we need to do
more.
But as we do that, we cannot ignore the supply side of the equation.
We need to address both sides at the same time. We need to do
everything reasonable we can on both sides of the equation at the same
time.
That brings us to supply. For far too long, Congress has absolutely
ignored the supply side of the equation, has absolutely refused to do
anything to increase supply in this country--by increased exploration
and drilling on our Outer Continental Shelf or in Alaska or anywhere
else.
I do not know how long we are going to wait. What does the price have
to get to before we hear the American people and before we finally act
more on the demand side, yes, and more on the supply side?
Again, my motion to instruct would address this challenge head on. It
would say, if the price at the pump gets to $5 a gallon--we are not
there yet. We are below $4, but if it gets to $5 a gallon, is that high
enough to get us to act, to get us to do something, to get us to, yes,
address demand but also address supply?
I think the American people think that is plenty high enough to get
us to act. If we push past that point, then under my motion to
instruct, we would support a reserve fund for legislation to allow
exploration and production off our coasts on the Outer Continental
Shelf.
But, again, I want to emphasize there would be two important rules we
would have to follow with this increased exploration and production.
No. 1, the host State coast we are talking about would have to want
that activity to happen. That Governor and that State legislature would
both have to say: Yes, we believe this is good for the country; we
believe this is good for the State; we want this activity to happen.
Secondly, when the activity does happen, that host State would get a
fair share of the revenue, would get the same share as we set for the
host States in the gulf when we opened new areas of the gulf a couple
years ago: 37.5 percent. That host State could then use that revenue
for its priorities: education, K-12, higher education, highways,
environmental cleanup, beach restoration.
In the case of my State, Louisiana, it is perfectly clear what our
priority for that money is. We have already passed not only legislation
but State constitutional amendments regarding how we are going to use
that money. It is to address the crisis that is happening on our coast,
to battle coastal erosion, to enhance coastal restoration, to build
hurricane protection, and to build hurricane evacuation routes.
To me, that is a very commonsense consensus approach. The price of
gasoline has been rising astronomically. As I said, from the start of
this Democratically led Congress, it has already risen 61 percent. The
Democratic leadership of this Congress began in January 2007 saying
this is a top priority. Yet little to nothing has happened, as that
price has risen 61 percent.
Are we finally going to hear the pleas of the American people? Are we
finally going to act on all sorts of fronts to try to stabilize and
bring down these prices? This is a sensible solution on the supply side
that can have a real impact.
Let me reiterate. We need to do everything conceivable, both on the
demand side and the supply side, because our challenge is that great. I
support demand side measures. I supported increased efficiency
standards. I supported the measure we passed a couple days ago
temporarily ceasing filling the Strategic Petroleum Reserve. So we
decrease demand in that very modest way. We need to do more in terms of
fuel efficiency, conservation, and new forms of fuel and energy.
But as we address much more aggressively the demand side of the
equation, we cannot ignore the supply side. We need to increase supply,
particularly domestic supply, at the same time. We have enormous
reserves in this country off our coasts, as well as in Alaska, as well
as places on shore to do that. What we have not mustered so far is the
political will and the votes in Congress to allow our people and our
industry to do it.
My motion would say $5 a gallon--if we get there, we sure as heck
need to act. We sure as heck need to do all of those sensible things on
the supply side, just as we should on the demand side.
[[Page S4260]]
I urge all of my colleagues, Republicans and Democrats, to support
this sensible measure. The leadership of this new Congress has been
talking about energy prices since the Congress came in in January 2007.
The only thing that talk has done is be concurrent with the rise in
prices at the pump of 61 percent, from about $2.33 a gallon to $3.73 a
gallon.
Talk is not good enough. The American people deserve action. They
deserve action on the demand side, much more aggressive action than we
have taken to date. They sure as heck also deserve action on the supply
side to increase our domestic supply, which can have a major impact on
price at the pump.
I urge my colleagues to support this sensible motion in that regard.
I yield back my time.
Mr. MENENDEZ. Mr. President, I believe there is time in opposition to
this motion?
The PRESIDING OFFICER (Mr. WHITEHOUSE). The Senator is correct.
Mr. MENENDEZ. I wish to claim about 10 minutes of that time.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. MENENDEZ. Mr. President, here we go again. Yet again my friends
on the other side of the aisle are trying to sell the American people a
bill of goods to try to convince them that drilling along our shores
will do something to lower gas prices. Opening our shores to drilling
was a bad idea in June of last year when we voted down an amendment to
the Energy bill--very similar--it was a bad idea when this body voted
it down in March of this year on an amendment to the budget resolution,
and it was a bad idea when we voted this idea down by well over 14
votes 2 days ago on an amendment to the flood insurance bill.
Ending a bipartisan, 26-year moratoria on oil drilling on the Outer
Continental Shelf will do nothing but jeopardize our precious natural
resources. The Energy Information Administration projects that even if
we opened the entire Outer Continental Shelf to drilling off the east
coast, off the west coast, and opened the entire eastern Gulf of
Mexico, nothing would happen to gas prices--nothing. Why?
First, because production wouldn't begin until the year 2017. The
infrastructure to drill for oil is not just a large oil platform but a
network of hundreds of miles of pipelines that transport oil from the
platform on to the land and then on to the refineries. This kind of
infrastructure simply does not exist on the east coast and in only
limited exceptions on the west coast.
The second reason why opening all our shores to oil drilling will not
lower gas prices is because by the time full production actually ramped
up in 2030, drilling off all of the coasts full tilt--full tilt--would
only result in a whopping 3-percent increase in domestic production.
Even in 2030, as our continent is rung all the way around by oil
platforms, all of this new supply would be eaten up by a 7-percent
increase in domestic demand. So the Energy Information Administration
predicts: ``Any impact on average wellhead prices is expected to be
insignificant.''
The fact is that over 80 percent of the resources in the Outer
Continental Shelf are already open for exploration. Since 2001, the
Bush administration has issued over 100 new leases. Many of these
leases are in the eastern gulf where the oil industry already has much
of the infrastructure necessary to go into production. Yet only 12 of
these new wells have been drilled. The industry is only developing a
small fraction of the area already open for drilling. So why isn't
ExxonMobil pumping some of its profits into developing some of these
areas? If companies are not interested in developing the large fields
already in the Gulf of Mexico, why is it so critical to open
environmentally sensitive areas to more drilling?
My home State of New Jersey and the New Jersey shore is a priceless
treasure that my home State will protect at any cost. The shore also
generates tens of billions of dollars in revenues each year and
supports almost half a million jobs. If we open the east coast to
drilling, we jeopardize a tourism and fishing economy worth tens of
billions of dollars in exchange for a cumulative total of only a half
year's supply of oil--a half year's supply of oil--jeopardizing,
however, tens of billions of dollars. The people of New Jersey cannot
afford the risk that will take place to our wildlife, to our economy
and, in fact, I believe, the people up and down the coast as well.
Florida beaches generate billions of dollars each year. In South
Carolina, Myrtle Beach alone brought in more than $3 billion in
revenue. Do we want oil washing up into the pristine Cape Hatteras
National Seashore? What about Virginia Beach? And can Maryland's famous
blue crab survive yet another environmental assault?
The bottom line is this proposal will do nothing to lower gas prices,
but it will jeopardize coastal economies all along both coasts.
Now to simply say: Well, it is up to an individual State, that
doesn't work. The ocean doesn't have neat little boxes which it is
divided into. So the reality is that the ability to open the Outer
Continental Shelf in one location threatens, if there is an accident,
the beaches along the shoreline along that same region. This isn't
about making it one versus another; this is a continuity.
There are other things we can do about gas prices. Hopefully the
President will soon sign into law the Democratic proposal that passed
Congress overwhelmingly to suspend filling the Strategic Petroleum
Reserve through December of 2008. When the people of this country are
suffering from paying $4 a gallon for gas and when gas prices are
pushing up the cost of food, and the price of oil has broken $125 a
barrel, it makes no sense to be buying at this high level and then
putting that oil in the ground when we are already 97 percent of where
we need to be for the Nation's security, burying this precious
commodity when we need it the most. Hopefully the President will sign
this important measure and we can truly begin to help gas prices go
back down and offer some relief.
But it begs even a bigger question, and that is breaking our
dependency on foreign oil, seeking renewable sources, and finding new
automobiles which we drive in our country; moving on to mass transit,
having greater conservation--these are all of the elements that are
necessary. It is also about ending speculation in the marketplace. Why
is it that when we have testimony before House and Senate committees
that says the price of oil should be somewhere between $50 and $70 a
barrel between demand and supply that we are looking at $125? Let's go
after the speculators. Let's go through a regulatory process that
ensures this one market that is so critical ultimately has the
regulation necessary.
Finally, we can't drill our way out of oil addiction. We can't drill
our way out of oil addiction. We must promote sustainable alternative
fuels and incentivize people to buy more efficient cars, raise the fuel
economy standards and--something we don't do well in the United
States--help commercialize technologies that allow us to run our cars,
for example, on electricity. General Motors plans to introduce a plug-
in hybrid in 2010 and Nissan announced it will start selling an
electric car that same year. Once we get this type of technology right,
our constituents will be able to run their cars much more cheaply. Some
studies project electricity will be the equivalent of 60 cents per
gallon of gasoline. That as a fuel source for the future is just around
the corner. We understand that. We want to incentivize it and move it
in the right direction.
On the other side, if all you want to do is create more addiction to
the oil, find another vein in which to pop into and go ahead and drill
even when all that is already open is not being drilled. It is the
wrong policy. We have defeated three times in the Senate over the last
year or so such provisions. I urge my colleagues to defeat the Vitter
motion to instruct and make sure we keep this bipartisan, 26-year
moratoria intact.
Mr. President, I yield back the remainder of the time that may be
left in opposition, and I yield the floor and suggest the absence of a
quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The journal clerk proceeded to call the roll.
Mr. CONRAD. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
[[Page S4261]]
Motion to Instruct
Mr. CONRAD. Madam President, I understand the Kyl motion regarding
the alternative minimum tax is already pending, so I ask that my motion
on the alternative minimum tax, which is at the desk, also be called up
and be made pending.
The PRESIDING OFFICER. The clerk will report.
The bill clerk read as follows:
The Senator from North Dakota [Mr. Conrad] moves that the
managers on the part of the Senate at the conference on
the disagreeing votes of the two houses on the House
amendment to the concurrent resolution S. Con. Res. 70
(setting forth the congressional budget for the United
States Government for fiscal year 2009 and including the
appropriate budgetary levels for fiscal years 2008 and
2009 through 2013) be instructed to--
(A) insist that the revenue levels in the resolution
include the cost of providing relief from the Alternative
Minimum Tax in 2008, so that the number of taxpayers affected
by the AMT does not increase and thereby more than 20 million
middle-class families would be protected from paying higher
taxes;
(B) insist on the Senate position of providing for the
extension of expiring and expired tax relief that has been
routinely extended in past years, including tax relief such
as the research and experimentation tax credit, the deduction
for state and local sales taxes, the deduction for classroom
expenses, the deduction for qualified education expenses, the
incentive for the charitable IRA rollover, the combat pay
earned income tax credit, and various energy tax incentives;
and
(C) insist that every effort should be made to offset the
cost of these policies by closing the tax gap, shutting down
abusive tax shelters, addressing offshore tax havens, and
without raising taxes.
Mr. CONRAD. Mr. President, I ask unanimous consent that the vote
sequence with respect to the pending motions be as follows: the Gregg
amendment, the Conrad AMT amendment, the Kyl AMT amendment, the Boxer
China-India amendment, the DeMint China-India amendment--those are both
with respect to energy provisions--the Vitter OCS amendment, the Graham
energy nuclear reserve fund, and the Gregg discretionary spending cap,
with the remaining provisions of the previous order in effect.
The PRESIDING OFFICER. Is there objection?
Mr. GREGG. Mr. President, I ask unanimous consent that there be no
further motions to be brought forward.
Mr. CONRAD. Mr. President, no objection.
The PRESIDING OFFICER. Is there objection to the request of the
Senator from North Dakota?
Without objection, it is so ordered.
Is there objection to the request of the Senator from New Hampshire?
Mr. CONRAD. No objection.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. CONRAD. Mr. President, I wish now to turn to the Gregg amendment
that was previously offered with respect to a $1 trillion cap.
Let me indicate that the spending in the budget resolution that has
gone to the conference committee takes spending down as a share of GDP
each and every year from 20.8 percent of GDP in 2008 and 2009, every
year stepping it down until we get to 19.1 percent of GDP in 2012 and
2013. I might add, we balance the budget in 2012 and 2013 under the
budget.
The comparison of the spending under the resolution and the
President's budget is depicted by these lines: The green line is the
budget resolution spending line; the President's is the red line. You
can see almost no difference. That is because there is almost no
difference between the spending in the President's budget and the
spending in the Senate budget resolution. In fact, here are the
differences: The Senate budget resolution has $3.08 trillion of
spending over the period of the 5 years. The President has $3.84
trillion of spending over the period.
What are the differences? Let me indicate as a percentage, that is a
1-percent difference--1 percent. Why do we have 1 percent more than the
President? Well, because first we rejected his Medicare cuts. That is
45 percent of the difference. Forty-three percent of the difference is
we rejected his cuts to law enforcement. We rejected his cut to
veterans. We rejected his cuts to transportation. My goodness. We just
had a bridge collapse in Minnesota, 35W. Can you imagine the horror?
You are driving home and the bridge collapses. We don't think it is
wise to be cutting transportation funding when we are not maintaining
the roads and bridges we have now, much less dealing with the gridlock
that exists around the country as well. So we have rejected those cuts
by the President.
We specifically rejected his proposal to cut the COPS program, not by
10 percent and not by 20 percent. The President proposed cutting the
COPS program 100 percent. What is the COPS program? That is a program
that has put 100,000 police officers on the street in this country. In
my State, it has put over 200 officers on the street. I just held a
hearing with every part of law enforcement represented: the police
chiefs, the sheriffs, the States' attorneys--open testimony. They said
it was absolutely beyond their understanding why the President would
propose cutting the COPS program 100 percent, but he did.
He proposed cutting weatherization assistance 100 percent. Why would
you cut weatherization assistance when that is designed to reduce fuel
bills when oil is $120 a barrel? He says cut weatherization assistance
100 percent.
He says cut first responder grants 78 percent. I just held a hearing
that involved all of the first responders in my State: The fire chiefs,
the police chiefs, and all of the others, including the EMS personnel,
emergency medical services. I asked them: Do they think it makes any
sense to cut the first responder grants 78 percent? They unanimously
said absolutely not. What are we going to do in terms of
interoperability of communications if we are not upgrading those
systems? One of the things we learned on that fateful day, September
11, was that the failure to have interoperable communications created a
fiasco at the Pentagon when all the emergency responders were going
there to try to help and they couldn't communicate with each other.
That is what these grants are for, to provide interoperable
communications, to provide the training to respond to disasters, both
natural and manmade. The President says cut it 78 percent. The
President said cut community development funds 24 percent. He said cut
clean water grants 21 percent. He said cut low-income home energy
assistance--the very popular LIHEAP program--which is already
underfunded, another 15 percent. We said, no, that doesn't make any
sense; yet we produced a budget that balances. It balances in the
fourth year--not by much, but it does balance, according to CBO. We
stay in balance in the fifth year, unlike the President's budget. The
President balanced in the fourth year but went right back out of
balance in the fifth.
He has an addiction to debt unlike anything I have ever seen. This
President has almost doubled the national debt in just 7 years. He has
more than doubled foreign holdings of our debt in that period. We owe
the Chinese hundreds of billions, we owe the Japanese hundreds of
billions, and we even owe Mexico. This President's legacy is one of
debt.
In this budget, we bring down the debt as a share of GDP in each and
every year, according to the scoring of the budget resolution, from
69.6 percent down to 66 percent. That is not as much progress as I
would like to make.
Senator Gregg and I have a separate proposal to deal with the long-
term entitlement problems and those challenges, to deal with that in a
bipartisan special task force that would have the power to come back
with a recommendation that would get a vote in the Congress of the
United States if a supermajority of the members of the task force, who
are completely bipartisan, would agree on the plan.
Mr. President, I am proud of this budget resolution. I think this
trillion-dollar cap on discretionary spending is a pure political
gambit.
Let me add one other thing. If this cap were imposed, part of what is
included in that spending is spending on our national defense. So that
would put defense under the gun and put it at risk of additional cuts.
I am a little surprised that the Republicans are proposing that. I
don't think this is the time to be making cuts in national defense, but
that would be in the pot and be subject to cuts under their proposal. I
hope we reject that approach.
With that, I think we are very close to being ready to go to votes.
I see my colleague, the Senator from Florida, here.
I wonder if the Parliamentarian could advise us on the time remaining
[[Page S4262]]
on the Conrad-Kyl AMT amendment and the Gregg $1 trillion cap. How much
time is left on those two?
The PRESIDING OFFICER. On the Kyl AMT amendment, Senator Kyl has 7
minutes and Senator Conrad has 16 minutes. On the Conrad AMT amendment,
there is 16 minutes remaining, equally divided.
Mr. CONRAD. No, there is not. That is not correct. That was part of a
unanimous consent agreement. There was 16 minutes for Kyl and Conrad
combined, and all time consumed was credited against that 60 minutes.
So there is virtually no time. I think we will just yield back all time
on that motion.
Mr. GREGG. Mr. President, I think we will yield back all time on the
Kyl-Conrad motion.
Mr. CONRAD. Senator Nelson may want to speak on OCS. How much time is
left on that?
The PRESIDING OFFICER. Senator Vitter has 3 minutes. The majority has
7 minutes.
Mr. CONRAD. I am happy to yield 7 minutes to the distinguished
Senator from Florida.
Mr. GREGG. I would like to retain 2 minutes to respond to my spending
a trillion dollars.
Mr. CONRAD. I will retain 2 minutes on that too. So we each will
retain 2 minutes on that amendment and yield back all other time,
except for the 7 minutes on OCS.
Mr. GREGG. Mr. President, I ask unanimous consent that 4 minutes be
equally divided between Senator Conrad and myself when we get to the
Kyl-Conrad AMT amendment.
The PRESIDING OFFICER. Without objection, it is so ordered.
The Senator from Florida.
Mr. NELSON of Florida. Mr. President, here we go again. The oil
companies are trying to have it exactly the way they have had it in the
past. They have developed an amendment that is very seductive by saying
that you can have offshore drilling with the concurrence of the State
if gasoline reaches $5 a gallon. What they have not told you is that if
the price of gas goes up to $5 a gallon, of which the oil companies are
making money hand over fist, they are going to utilize that to
perpetuate the myth that they need to drill off the coast of a State
like Florida, when, in fact, what they have not told you is that the
oil companies already have under lease, which has not been drilled, 33
million acres offshore. The oil companies also have another 31 million
acres onshore that have not been drilled. And the myth that they
perpetuate, now using the fright of $5-a-gallon gas, is that we have to
have more supply and therefore we have to go offshore. This is the
seductive red herring of this amendment which was offered by a Senator
whose State, Louisiana, has a big oil industry that drills off of
Louisiana, where, in fact, there are deposits of oil. But when you get
to a State such as Florida, there have been several dry holes, and the
geology shows very little oil, plus we have the adverse interests.
Now, why do we have to keep going through this drill over and over?
It is because the oil companies are insatiable. Do we not remember what
we did just a year and a half ago, where the oil interests wanted to
drill toward Tampa, FL, 2 million acres? We worked out a compromise--
which wasn't 2 million acres, it was 8.3 million acres--but we kept it
further to the south, away from the military training and testing area,
where you cannot put oil rigs on the surface of the water, where we
have our largest training and testing area in the world for our U.S.
military. That is where we are training pilots for the F-22, where we
train all of the pilots for the new Joint Strike Fighter being
developed. That is where we are testing some of the most sophisticated
weapons. That is because we have the area that is restricted airspace.
As you are shooting that live ordnance and you are testing in your
research and development of weapons systems, you cannot have oil rigs
down there on the surface of the Gulf of Mexico. We etched that into
law.
But here we go again. Having gone through this and having the oil
industry have 33 million acres that is already available for lease but
has not been drilled, they want to make an exception and are using the
scare of this $4 gas--maybe going to $5 gas--in order to do that. That
is wrong, and we ought to put a stop to it.
Here is the greatest wrong it perpetuates. What it does is it keeps
us in the same old mindset where we stay married to oil. The emphasis
is drill, drill, drill to solve the problem, as evidenced by $5 gas,
when, in fact, that is not going to solve our problem. What is going to
solve our problem is using our technology to go to alternative fuels.
What is going to solve our problem is to go to renewables. What is
going to solve our problem is going to be to have a new President of
the United States who says he is going to commit to making the United
States independent of foreign oil, of which we now import 60 percent
for our daily consumption from places such as Nigeria, Venezuela, and
the Persian Gulf.
So what we have to do is change the mindset of the old way of doing
things, which this amendment by the Senator from Louisiana is
suggestive of; that is, to go to the alternative fuels, to go to a
serious research and development program for a new engine on down the
line, to encourage the increase of miles per gallon. In Japan, they are
driving cars that get 50 miles per gallon. In Europe, they are driving
cars, on a fleet average, that are getting in the area of 40 miles per
gallon. Why can't the United States--if we had the political will--
change our way of doing things as oil guzzlers through our consumption
in our personal vehicles? We can if we have the political will.
Mr. VITTER. Will the Senator yield?
Mr. NELSON of Florida. I appreciate the Senator from Louisiana asking
me to yield. But I have a lot on my mind, and the Senator has already
had his 15 minutes, so this Senator is going to complete his thoughts.
So here we go again. The emphasis is drill, drill, drill.
The PRESIDING OFFICER. The Senator's time has expired.
Mr. NELSON of Florida. Well, Mr. President, I yield the floor.
The PRESIDING OFFICER. The Senator from Louisiana is recognized. The
Senator has 3 minutes.
Mr. VITTER. Mr. President, if I can briefly respond on my own time--
and I invite a conversation or colloquy with the distinguished Senator
from Florida--I hope the distinguished Senator realizes that in this
proposal, in order for any offshore drilling to take place, both the
Governor and the State legislature of the host State have to say, yes,
we want it. That is an absolute requirement under this proposal. The
distinguished Senator from Florida knows Florida politics far better
than I, but based on everything I know, that is not going to happen in
Florida, including under Republican Governors and Republican
legislatures, anytime soon. So I don't understand why he considers this
a threat to the State of Florida, because they are in absolute control
of their own destiny under the details of my motion. If the Senator has
a response to that simple fact, I would love to hear it and engage in a
discussion.
Mr. NELSON of Florida. Mr. President, if the Senator will yield, I am
very grateful to him for giving me this opportunity. When it comes to
the defense interests of the United States, I think it would be folly
to allow a State legislature to impose their will with regard to the
defense interests. This Senator has already given the example of the
largest testing and training area in the world for the U.S. military,
which is the Gulf of Mexico off of Florida, which we have prohibited in
law from being drilled.
Let's take, for example, the Atlantic coast of Florida. Thirty years
ago, this Senator had to oppose the Secretary of the Interior James
Watt from drilling off the east coast. The only way this Senator was
able to beat him then was because it finally dawned on the
administration that we were launching from the Cape Canaveral Air Force
station from west to east and launching from the Kennedy Space Center
from west to east, therefore dropping the solid rocket boosters into
the Atlantic Ocean along with the first stages of the expendable
booster rocket out of the Air Force station, and that, in fact, we
cannot have oil rigs down there.
So a State legislature might well not understand and be able to
impose its will on the security interests of the U.S. Government.
Mr. VITTER. Mr. President, if I can reclaim my time.
The PRESIDING OFFICER. All time has expired.
Mr. VITTER. I ask unanimous consent for 1 additional minute since I
seemed to cede all my time.
[[Page S4263]]
The PRESIDING OFFICER. Under the previous order, the time is reserved
to the manager. Is there objection?
Mr. CONRAD. I will allow the Senator an additional minute if the
Senator in opposition will be given an additional minute as well.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. VITTER. I thank the Chair.
Quite honestly, I am not sure I understood that response. My simple
point was that Florida under my motion is in control of its own
destiny, and if Florida doesn't want drilling, the Governor and the
State legislature, Florida doesn't get drilling.
There is a little bit of caveat to that. I think the Cubans are going
to drill off Florida if we do nothing. That is moving forward anyway.
Or the Chinese through Cuba. But otherwise, Florida doesn't get
drilling.
My other response is, here we are caught in a stale debate again. It
isn't either/or. It isn't oil and gas or alternative fuels. Our energy
picture is so challenging it clearly has to be both. We need a future
of new fuels and new technology. We also need to get to that future in
the short and medium term. We need to do both things on the demand and
the supply side. Let's start acting for the good of the American
people.
I yield the floor.
The PRESIDING OFFICER. The Senator from Florida.
Mr. NELSON of Florida. Mr. President, I say to my friend, the Senator
from Louisiana, perhaps since he is from the gulf coast, he does not
understand that all the way up the Atlantic seaboard, there are areas
with restricted airspace where live fire training is done. A State
legislature would not necessarily be attuned to the security interests
of the U.S. Government.
If a State legislature were at the beck and call of a particular
lobby--in this case the oil industry--wanting to drill, it would be at
cross-purposes with the security interests in many of those regions off
Florida, off Georgia, off the Carolinas, off Virginia, and further up
the seaboard and, therefore, would have a veto over the U.S.
Government.
The PRESIDING OFFICER. The Senator's time has expired.
Under the previous order, there is now 4 minutes equally divided.
Mr. GREGG. Mr. President, I ask unanimous consent that we turn to two
other items that need to be taken up prior to the time limit.
The PRESIDING OFFICER. Without objection, it is so ordered.
Motions to Instruct
Mr. GREGG. Mr. President, I send two motions to the desk dealing with
budget enforcement. I ask they be reported in seriatim.
The PRESIDING OFFICER. The clerk will report the motions.
The legislative clerk read as follows:
The Senator from New Hampshire [Mr. Gregg] moves that the
conferees on the part of the Senate on the disagreeing votes
of the two Houses on the concurrent resolution S. Con. Res.
70 (the concurrent resolution on the budget for fiscal year
2009) be instructed to insist on the inclusion in the final
conference report the point of order against the
consideration of a budget resolution in the Senate that does
not contain a section regarding gross federal debt disclosure
as contained in section 223 of the concurrent resolution as
passed by the Senate, and further, that the conferees be
instructed to include a debt disclosure section in the final
conference report that itemizes the overall debt increase and
the per person debt increase assumed by the final conference
report.
The Senator from New Hampshire [Mr. Gregg] moves that the
conferees on the part of the Senate on the disagreeing votes
of the two Houses on the concurrent resolution S. Con. Res.
70 (the concurrent resolution on the budget for fiscal year
2009) be instructed to insist that the final conference
report include the individual points of order that empowers
the Senate to prevent future budget resolutions from raiding
Social Security; enforces transparency during Senate
consideration of the congressional budget by requiring
disclosure of the gross federal debt held by the nation;
strengthens the integrity of the reconciliation process; and
provides an additional tool to thwart any net increase in
deficits in the long term (four ten-year periods after 2018),
as contained in sections 226, 223/224, 202 and 201,
respectively, of the concurrent resolution as passed by the
Senate.
Mr. GREGG. Mr. President, these are two motions, one of which says
that under the rules of the budget, there will be a disclosure of the
debt owed by the United States in a manner that is comprehensible.
Right now the budget is a very hard, very complex document to read
for those of us who are involved in it, but it is extremely difficult
to glean what actually is the debt and how the debt relates to the
overall budget. The first motion says that will be made clearer for the
purpose of transparency.
The second motion has four elements. The first one is a point of
order that says the budget resolution, which will be live, does not put
us on a path to a balanced budget over a 5-year period. The second one
is a point of order against a reconciliation bill which spends more
than 20 percent of what it saves. The third is a point of order against
a budget resolution that does not provide a debt disclosure statement,
such as the first motion included. And fourth is a long-term deficit
point of order that should prohibit any deficit increases outside the
budget window.
I talked about these with the chairman. The chairman seems amenable
to accepting these motions. I hope they can be accepted.
The PRESIDING OFFICER. The Senator from North Dakota.
Mr. CONRAD. Mr. President, the first motion I like very much, the
debt disclosure. I think that would be a very useful item for Members
of Congress and for the people of the country. So I readily accept
motion No. 1. Can we accept that motion by a voice vote?
The PRESIDING OFFICER. The question is on agreeing to the motion of
the Senator from New Hampshire, Mr. Gregg, on debt disclosure.
The motion was agreed to.
Mr. CONRAD. Mr. President, on the second motion, we have no objection
on this side to adopting that motion by unanimous consent.
Mr. GREGG. Mr. President, I ask unanimous consent that the second
motion be adopted.
The PRESIDING OFFICER. Is there objection? Without objection, it is
so ordered.
The motion was agreed to.
Mr. CONRAD. I thank the Chair, and I thank my colleague very much. I
thank Senator Gregg. We have had an interesting day. Senator Gregg, we
can see by his head with that nasty bruise, is bloodied but unbowed.
Mr. GREGG. That came from the farm bill.
Mr. CONRAD. He said he got hit by a farmer with a lamb chop or
asparagus, I don't know which.
Mr. GREGG. It must have been asparagus.
Mr. CONRAD. I think we are ready to proceed to vote.
Mr. GREGG. We are. I suggest we have 2 minutes equally divided before
each vote to explain what we are voting on for our colleagues.
Mr. CONRAD. I think that is fair.
Mr. GREGG. And after the first vote, the votes be 10 minutes.
Mr. CONRAD. I think we would be well advised as well. We advise
colleagues, after the first vote, there will be 10 minutes. We will
have eight votes. Typically, that will take us 3 hours. If Members will
come and stay here, we can conceivably get done in 2\1/2\ hours. It is
up to the Members whether we are able to do that.
With that, I go to my colleague for an explanation of the first
motion.
Mr. GREGG. Mr. President, it being my motion, I am sure the chairman
would like to go first.
Mr. CONRAD. I will be happy to go first. The Senator is talking about
this being the biggest tax increase in history. That is the same speech
he gave last year. We can now check the record and see what actually
happened and, lo and behold, there was not the biggest tax increase
ever. In fact, there was no tax increase. In fact, there were tax cuts.
The Democrats in both Houses of Congress cut taxes by $194 billion.
In this legislation before us, we have no tax increases. We have
additional tax reductions. Included in this resolution are the middle-
class tax cuts, the marriage penalty relief, the child tax credit, the
10-percent bracket, further alternative minimum tax relief, estate tax
reform, energy and education, property tax relief, and extenders.
The difference in revenue, which is only 2.6 percent between our bill
and the President's, can completely be met by closing down these
offshore tax havens, abusive tax shelters, and aggressively going after
the tax gap, the difference between what some owe and what they are
failing to pay.
Mr. GREGG. Mr. President, there is a tax increase in this resolution.
If there
[[Page S4264]]
isn't, then the budget doesn't make any sense because it assumes $1.2
trillion of new revenues in order to reach its targets, and that means
78 million taxpayers who don't pay taxes today are going to end up
paying taxes under this budget.
It means a working family of four with $50,000 income will end up
with a $2,300 tax bill increase in 2011. It means a single mom with two
kids earning $30,000 will have a $1,000 tax increase in 2011. It means
that 18 million senior citizens will have their taxes increased by over
$2,000, and that 27 million small businesses will have their taxes
increased by over $4,000 in the year 2011.
The simple fact is this budget assumes massive tax increases, the
largest tax increase in the history of the world. I hope people will
oppose that.
The PRESIDING OFFICER. Under the previous order, the question is now
on agreeing to the motion of the Senator from New Hampshire, Mr. Gregg.
Mr. GREGG. I ask for the yeas and nays.
The PRESIDING OFFICER. Is there a sufficient second?
There appears to be a sufficient second.
The clerk will call the roll.
The bill clerk called the roll.
Mr. DURBIN. I announce that the Senator from New York (Mrs. Clinton)
and the Senator from Illinois (Mr. Obama) are necessarily absent.
Mr. KYL. The following Senators are necessarily absent: the Senator
from Tennessee (Mr. Alexander), the Senator from Tennessee (Mr.
Corker), and the Senator from Arizona (Mr. McCain).
Further, if present and voting, the Senator from Tennessee (Mr.
Alexander) would have voted ``aye.''
The PRESIDING OFFICER. (Mr. Nelson of Florida). Are there any other
Senators in the Chamber desiring to vote?
The result was announced--yeas 44, nays 51, as follows:
[Rollcall Vote No. 131 Leg.]
YEAS--44
Allard
Barrasso
Bennett
Bond
Brownback
Bunning
Burr
Chambliss
Coburn
Cochran
Coleman
Collins
Cornyn
Craig
Crapo
DeMint
Dole
Domenici
Ensign
Enzi
Graham
Grassley
Gregg
Hagel
Hatch
Hutchison
Inhofe
Isakson
Kyl
Lugar
Martinez
McConnell
Murkowski
Roberts
Sessions
Shelby
Smith
Specter
Stevens
Sununu
Thune
Vitter
Warner
Wicker
NAYS--51
Akaka
Baucus
Bayh
Biden
Bingaman
Boxer
Brown
Byrd
Cantwell
Cardin
Carper
Casey
Conrad
Dodd
Dorgan
Durbin
Feingold
Feinstein
Harkin
Inouye
Johnson
Kennedy
Kerry
Klobuchar
Kohl
Landrieu
Lautenberg
Leahy
Levin
Lieberman
Lincoln
McCaskill
Menendez
Mikulski
Murray
Nelson (FL)
Nelson (NE)
Pryor
Reed
Reid
Rockefeller
Salazar
Sanders
Schumer
Snowe
Stabenow
Tester
Voinovich
Webb
Whitehouse
Wyden
NOT VOTING--5
Alexander
Clinton
Corker
McCain
Obama
The motion was rejected.
The PRESIDING OFFICER. The Senator from North Dakota is about to
explain what is going to happen in the next few minutes.
Mr. CONRAD. Mr. President, two of our colleagues and a third,
counting me, have very graciously agreed to take voice votes to shorten
this process. Now we will turn to Senator Kyl for an explanation of his
motion.
Mr. KYL. Both the chairman of the committee and I have resolutions
that are almost identical. They both call for us to extend the so-
called patch for the alternative minimum tax which otherwise would
affect about 26 million taxpayers this year; to extend the so-called
tax extenders package that has tax provisions like the R&D tax credit
in it for another year, and to do so without raising taxes.
The addition on the Conrad motion is to use our best efforts to shut
down abusive tax shelters, address offshore tax havens, and to close
the tax gap.
Since I assume we are all for ending any waste, fraud, and abuse, I
cannot disagree. I would be pleased to take votes on both of these
motions by voice vote.
Mr. CONRAD. Mr. President, I thank Senator Kyl for his willingness to
do this on a voice vote. He has described the amendments well. I see no
purpose in further discussion.
I ask for a voice vote on the Conrad and Kyl motions.
The PRESIDING OFFICER. The question is on agreeing to the motion
offered by the Senator from Arizona, Mr. Kyl, on the AMT.
The motion was agreed to.
The PRESIDING OFFICER. The question is on agreeing to the motion
offered by the Senator from North Dakota, Mr. Conrad, on the AMT.
The motion was agreed to.
The PRESIDING OFFICER. The Senator from North Dakota.
Mr. CONRAD. Mr. President, the distinguished Senator from South
Carolina, Mr. Graham, has a motion on nuclear energy. The Senator from
South Carolina has also graciously agreed to take it on a voice vote.
Would the Senator like to take 30 seconds to explain the motion?
Mr. GRAHAM. No.
Mr. CONRAD. The Senator from South Carolina continues to rise in the
judgment of his colleagues.
Can we then go to a voice vote on the Graham motion?
The PRESIDING OFFICER. The question is on agreeing to the motion
offered by the Senator from South Carolina, Mr. Graham, on nuclear
energy.
The motion was agreed to.
Mr. CONRAD. Mr. President, that takes us to the Boxer motion on cap
and trade. We have 2 minutes equally divided. These are motions that
will require votes, the Boxer and DeMint motions.
If the Senator from California would take time to explain her motion.
Mrs. BOXER. Mr. President, colleagues, I hope you pay attention to
this because there are two motions that deal with global warming. The
first one is the Boxer motion, and what it says is, we should not enact
any global warming legislation until we address the issue of goods
imported from nations such as India and China, countries that do not
have their own global warming program. So we protect our people and yet
we allow global warming legislation to proceed.
Senator DeMint's motion is a back-to-the-future motion. He basically
says we can do nothing--nothing--until India and China act. This is
wrong. We should not be held hostage to the actions of China and India
or any other nation when it comes to our own country, when it comes to
an issue which is so serious that even the administration, that has
been kind of dragging on this, yesterday found that global warming is
threatening a beautiful species called the polar bear.
We do not want to be held hostage to India and China. Vote aye on the
Boxer motion, and no on the DeMint motion.
Thank you.
The PRESIDING OFFICER. The Senator from South Carolina.
Mr. DeMINT. Mr. President, my motion has been mischaracterized, I am
afraid. I am opposed to the Boxer motion because it would clearly, from
the language, add tariffs or some kind of penalties to imports from
around the world, unless emissions standards in other countries match
ours, I guess, exactly.
This would add to the cost of products that are purchased by
Americans. My motion is one that tries to keep jobs in this country.
Unfortunately, my colleague is suggesting, I am afraid, as many have
over the years, that we have two false choices. We either have a good
economy or we have a good environment. Those are not the choices.
In fact, my motion would allow us to continue to develop nuclear
generation, which is good for the environment and the economy, or
hydrogen cars or electric cars or hybrid cars. Most of what we can do
is good for the environment and improves the economy. My motion simply
says: We cannot pass legislation unless other countries go along,
otherwise we are exporting jobs and pollution.
The PRESIDING OFFICER. The question is agreeing to the motion of the
Senator from California, Mrs. Boxer.
Mr. CONRAD. I ask for the yeas and nays.
The PRESIDING OFFICER. Is there a sufficient second?
[[Page S4265]]
There is a sufficient second.
The clerk will call the roll.
The legislative clerk called the roll.
Mr. DURBIN. I announce that the Senator from New York (Mrs. Clinton)
and the Senator from Illinois (Mr. Obama) are necessarily absent.
Mr. KYL. The following Senators are necessarily absent: the Senator
from Tennessee (Mr. Alexander), the Senator from Tennessee (Mr.
Corker), and the Senator from Arizona (Mr. McCain).
Further, if present and voting, the Senator from Tennessee (Mr.
Alexander) would have voted ``nay.''
The PRESIDING OFFICER. Are there any other Senators in the Chamber
desiring to vote?
The result was announced--yeas 55, nays 40, as follows:
[Rollcall Vote No. 132 Leg.]
YEAS--55
Akaka
Baucus
Bayh
Biden
Bingaman
Boxer
Brown
Byrd
Cantwell
Cardin
Carper
Casey
Coleman
Collins
Conrad
Dodd
Dole
Dorgan
Durbin
Feingold
Feinstein
Harkin
Inouye
Kennedy
Kerry
Klobuchar
Kohl
Landrieu
Lautenberg
Leahy
Levin
Lieberman
Lincoln
Martinez
McCaskill
Menendez
Mikulski
Murray
Nelson (FL)
Nelson (NE)
Reed
Reid
Rockefeller
Salazar
Sanders
Schumer
Smith
Snowe
Specter
Stabenow
Tester
Warner
Webb
Whitehouse
Wyden
NAYS--40
Allard
Barrasso
Bennett
Bond
Brownback
Bunning
Burr
Chambliss
Coburn
Cochran
Cornyn
Craig
Crapo
DeMint
Domenici
Ensign
Enzi
Graham
Grassley
Gregg
Hagel
Hatch
Hutchison
Inhofe
Isakson
Johnson
Kyl
Lugar
McConnell
Murkowski
Pryor
Roberts
Sessions
Shelby
Stevens
Sununu
Thune
Vitter
Voinovich
Wicker
NOT VOTING--5
Alexander
Clinton
Corker
McCain
Obama
The motion was agreed to.
Mrs. BOXER. I move to reconsider the vote.
Mr. MENENDEZ. I move to lay that motion on the table.
The motion to lay on the table was agreed to.
The PRESIDING OFFICER. Under the previous order, there will now be 2
minutes equally divided prior to a vote on the motion to instruct
offered by the Senator from South Carolina, Mr. DeMint.
Mr. DeMINT. Mr. President, during the last vote, some of my
Republican and Democratic colleagues asked me if it didn't make sense
to vote for both these motions. Both understand we need to be careful
in mandates that hurt our economy and jobs, unless we recognize what
other countries are doing when they are polluting.
My motion focuses on here at home. I want to make sure folks
understand what it is about.
Most of the things we can do to improve our environment and to stop
CO2 emissions can actually improve our economy. We know, as
we try to build dozens, if not hundreds, of nuclear plants, it will
create new jobs all over the country and improve our economy, just as
Europe has done. Solar panels and wind, as well as hybrid cars and
hydrogen fuel--all of these things are good for the economy and energy.
My motion--
The PRESIDING OFFICER. The Senator's time has expired.
Mr. DeMINT. Could I get another minute?
The PRESIDING OFFICER. Is there objection?
Without objection, it is so ordered.
Mr. DeMINT. I thank the Chair.
My motion does not affect any of the attempts to reduce
CO2 emissions except when we know it is hurting the economy
and hurting jobs. In that case, we cannot move ahead with penalties and
mandates unless China and India--the two largest polluting countries--
have similar emissions standards. So it is just a ``hold on,'' let's
not hurt our economy and ourselves. There are many ways we can reduce
CO2 emissions without hurting jobs in this country.
I encourage my colleagues to support this motion.
Thank you, Mr. President.
The PRESIDING OFFICER. The Senator from California.
Mrs. BOXER. Mr. President, how much additional time did Senator
DeMint get?
The PRESIDING OFFICER. The Senator had an additional \1/2\ minute.
Mrs. BOXER. Then, Mr. President, I would ask for the same amount of
time, equally divided, between myself and Senator Warner.
The PRESIDING OFFICER. What is the request of the Senator?
Mrs. BOXER. Mr. President, I ask unanimous consent that I have the
same amount of time Senator DeMint had, divided equally between myself
and Senator Warner.
The PRESIDING OFFICER. Is there objection to 1 minute being equally
divided between Senator Boxer and Senator Warner?
Without objection, it is so ordered.
Mrs. BOXER. If the Presiding Officer will tell me when I have used
half the time so I can stop.
Colleagues, this is a very important vote. We already voted to level
the playing field for America in that last vote so that countries
cannot take advantage of us. But I have to say, this motion would hold
this Nation hostage to China and India. Since when do we wait around
for countries such as China to act on human rights issues, on economic
issues, on environmental issues? That is not America.
I believe this is a motion that looks to fear, not hope. This is the
greatest country on Earth, and I do not think we should tell ourselves
we can do nothing about a pressing issue until a foreign country acts.
The PRESIDING OFFICER. The Senator has used half the time.
The Senator from Virginia.
Mr. WARNER. Mr. President, I have been working with Senator Boxer and
Senator Lieberman for almost 10 months on a bill with regard to global
climate change. This week--perhaps tomorrow or the first of next week--
we will offer a managers' amendment which will address the important
issues my colleague raises.
I simply ask this Chamber to consider that when our bill comes up
there will be ample opportunity to address your issues and that we have
a provision in the managers' amendment giving the President of the
United States the chance to proceed to correct the very things the
Senator seeks to be corrected with his motion.
The PRESIDING OFFICER. The Senator's time has expired.
The question is on agreeing to the motion of the Senator from South
Carolina, Mr. DeMint.
Mrs. BOXER. Mr. President, I ask for the yeas and nays.
The PRESIDING OFFICER. Is there a sufficient second?
There is a sufficient second.
The clerk will call the roll.
The assistant legislative clerk called the roll.
Mr. DURBIN. I announce that the Senator from New York (Mrs. Clinton)
and the Senator from Illinois (Mr. Obama) are necessarily absent.
Mr. KYL. The following Senators are necessarily absent: the Senator
from Tennessee (Mr. Alexander), the Senator from Tennessee (Mr.
Corker), and the Senator from Arizona (Mr. McCain).
Further, if present and voting, the Senator from Tennessee (Mr.
Alexander) would have voted ``nay.''
The PRESIDING OFFICER. Are there any other Senators in the Chamber
desiring to vote?
The result was announced--yeas 34, nays 61, as follows:
[Rollcall Vote No. 133 Leg.]
YEAS--34
Allard
Barrasso
Bennett
Bond
Brownback
Bunning
Burr
Byrd
Chambliss
Coburn
Cochran
Cornyn
Craig
Crapo
DeMint
Domenici
Ensign
Enzi
Grassley
Hagel
Hatch
Hutchison
Inhofe
Isakson
Kyl
Lugar
McConnell
Sessions
Shelby
Stevens
Thune
Vitter
Voinovich
Wicker
NAYS--61
Akaka
Baucus
Bayh
Biden
Bingaman
Boxer
Brown
Cantwell
Cardin
Carper
Casey
Coleman
Collins
Conrad
Dodd
Dole
Dorgan
Durbin
Feingold
Feinstein
Graham
Gregg
Harkin
Inouye
Johnson
Kennedy
Kerry
Klobuchar
Kohl
Landrieu
Lautenberg
Leahy
Levin
Lieberman
Lincoln
Martinez
McCaskill
Menendez
Mikulski
Murkowski
Murray
Nelson (FL)
Nelson (NE)
Pryor
Reed
[[Page S4266]]
Reid
Roberts
Rockefeller
Salazar
Sanders
Schumer
Smith
Snowe
Specter
Stabenow
Sununu
Tester
Warner
Webb
Whitehouse
Wyden
NOT VOTING--5
Alexander
Clinton
Corker
McCain
Obama
The motion was rejected.
Mrs. BOXER. Mr. President, I move to reconsider the vote.
Mr. CONRAD. Mr. President, I move to lay that motion on the table.
The motion to lay on the table was agreed to.
The PRESIDING OFFICER. There are now 2 minutes equally divided prior
to the vote on the motion to instruct by the Senator from Louisiana.
Who yields time?
The Senator from Louisiana.
Mr. VITTER. Mr. President, this motion is very straightforward. It
creates a reserve fund in support of the following bill, a bill that
would say: If the price at the pump, the price of gasoline reaches $5 a
gallon--if it reaches $5 a gallon--then we are going to allow
exploration and production off our coasts in the Outer Continental
Shelf, but only if two conditions are met. No. 1, the host State wants
it; the Governor and the State legislature of the host State say yes,
we want that activity; and No. 2, the host State gets a fair revenue
share of 37.5 percent which is the policy and the precedent we set
about 2 years ago.
It would also ensure that nothing in this bill would disrupt military
training, military activity off the coast, and that also a host State
could decide to do natural gas only.
We can't drill our way out of this energy problem, but increased
domestic supply is part of the solution. We need a new energy future,
but we also need to get to that future.
The PRESIDING OFFICER. The Senator's time has expired.
Who yields time?
The Senator from Florida.
Mr. NELSON of Florida. Mr. President, what the Senator didn't say is
that this puts a State's veto power over the U.S. Government as to its
security arrangements in restricted areas off the coast which you never
want to put at stake.
What the Senator also didn't tell you is there are already 31 million
acres offshore that are ready for lease that have not been drilled.
I yield to the Senator from New Jersey.
Mr. MENENDEZ. Mr. President, the Senate has on three different
occasions over the last year defeated similar efforts to end the 26-
year bipartisan moratoria on the Outer Continental Shelf. This is
another attempt to get at it. Even the Energy Information
Administration projects that if we opened the entire east and west
coasts, we wouldn't achieve anything because it would take up to 2017
to ramp up and 2030 to actually achieve results.
So this isn't about gas prices; this is about tapping into another
vein of oil, continuing our addiction, and putting our shores at risk.
I urge my colleagues, particularly from coastal States, to oppose it.
Mr. STEVENS. Mr. President, I ask unanimous consent to be a cosponsor
of the motion.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. WARNER. Mr. President, I ask unanimous consent to be a cosponsor
of the amendment.
The PRESIDING OFFICER. Without objection, it is so ordered.
All time has expired.
The question is on agreeing to the motion of the Senator from
Louisiana, Mr. Vitter.
Mr. GREGG. Mr. President, I ask for the yeas and nays.
The PRESIDING OFFICER. Is there a sufficient second?
There is a sufficient second.
The clerk will call the roll.
Mr. DURBIN. I announce that the Senator from New York (Mrs. Clinton)
and the Senator from Illinois (Mr. Obama) are necessarily absent.
Mr. KYL. The following Senators are necessarily absent: the Senator
from Tennessee (Mr. Alexander), the Senator from Tennessee (Mr.
Corker), and the Senator from Arizona (Mr. McCain).
Further, if present and voting, the Senator from Tennessee (Mr.
Alexander) would have voted ``yea.''
The PRESIDING OFFICER (Mr. Sanders). Are there any other Senators in
the Chamber desiring to vote?
The result was announced--yeas 44, nays 51, as follows:
[Rollcall Vote No. 134 Leg.]
YEAS--44
Allard
Barrasso
Bennett
Bond
Brownback
Bunning
Burr
Chambliss
Coburn
Cochran
Coleman
Cornyn
Craig
Crapo
DeMint
Domenici
Ensign
Enzi
Graham
Grassley
Gregg
Hagel
Hatch
Hutchison
Inhofe
Isakson
Kyl
Landrieu
Lugar
McConnell
Murkowski
Nelson (NE)
Roberts
Sessions
Shelby
Specter
Stevens
Sununu
Thune
Vitter
Voinovich
Warner
Webb
Wicker
NAYS--51
Akaka
Baucus
Bayh
Biden
Bingaman
Boxer
Brown
Byrd
Cantwell
Cardin
Carper
Casey
Collins
Conrad
Dodd
Dole
Dorgan
Durbin
Feingold
Feinstein
Harkin
Inouye
Johnson
Kennedy
Kerry
Klobuchar
Kohl
Lautenberg
Leahy
Levin
Lieberman
Lincoln
Martinez
McCaskill
Menendez
Mikulski
Murray
Nelson (FL)
Pryor
Reed
Reid
Rockefeller
Salazar
Sanders
Schumer
Smith
Snowe
Stabenow
Tester
Whitehouse
Wyden
NOT VOTING--5
Alexander
Clinton
Corker
McCain
Obama
The motion was rejected.
Mr. REID. Mr. President, I move to reconsider the vote, and I move to
lay that motion on the table.
The motion to lay on the table was agreed to.
The PRESIDING OFFICER. The majority leader is recognized.
Mr. REID. Mr. President, for all Senators, I have been talking this
afternoon with Senators Kennedy, Enzi, Gregg, and McConnell, of course.
We believe it would be in the best interests of the Senate to vitiate
the cloture vote in the morning. Senator Kennedy and Enzi have agreed
to continue working on the firefighters bill. Yesterday, it was
interrupted by the farm bill, and the Graham amendment was an
interruption.
As I have said on a number of occasions, there is not more of a
gentleman in the Senate than Mike Enzi. He felt aggrieved--that is my
word, not his--and he needs more time on this. Again, I have talked to
him and Senator Kennedy. They believe they can get from here to there
and work out something so that we can wind up completing the bill.
I have asked the managers to work together to see if they can reach
agreement on the process that will permit the Senate to complete action
on the bill in a timely way.
Therefore, I ask unanimous consent that the cloture vote be withdrawn
with respect to H.R. 980.
=========================== NOTE ===========================
On Page S4266, May 15, 2008, the Record reads: . . . with
respect to H. R. 480.
The online Record has been corrected to read: . . . with respect
to H.R. 980.
========================= END NOTE =========================
The PRESIDING OFFICER. Is there objection?
Without objection, it is so ordered.
Mr. REID. Mr. President, let me further say that when these two good
Senators come back to me with that process, I will confer with the
Republican leader, and then I will make a decision when to return to
this. I favor this a lot. I think it is a great piece of legislation. I
hope we can complete it.
We should continue the bipartisan approach we have had up to this
time on that legislation. I appreciate the understanding of the Senate
in allowing us to approach this in a different way. This is not unique.
We have done it on other occasions. For a lot of reasons, cloture would
not be invoked tomorrow. I think people favor this legislation and they
would vote for cloture if there is more of an opportunity to work on
amendments. I appreciate the cooperation of everybody.
The PRESIDING OFFICER. The Republican leader is recognized.
Mr. McCONNELL. Mr. President, if I may add, I think the majority
leader has made a wise decision, after consultation with both sides.
Cloture would not have been invoked tomorrow. Senators Kennedy and Enzi
can work out an orderly process. I think it is an approach that I
applaud and recommend.
The PRESIDING OFFICER. The Senator from Massachusetts is recognized.
Mr. KENNEDY. Mr. President, I wish to personally thank the two
leaders and Senator Enzi. This is important legislation involving
national security. I am grateful for the opportunity to work with my
friend and colleague, Senator Enzi, to try to make recommendations here
in the Senate. I
[[Page S4267]]
know there are diverse views on this issue. We will try to work out an
orderly procedure so that Members will be able to get their views out
and considered in the Senate and do it in a timely way.
Again, I thank the two leaders and the Senator from Wyoming as well
for his cooperation, as always.
The PRESIDING OFFICER. The majority leader is recognized.
UNANIMOUS CONSENT AGREEMENT--S.J. RES. 28
Mr. REID. Mr. President, I ask unanimous consent that, upon
disposition of the House message on S. Con. Res. 70, the Senate proceed
to the consideration of Calendar No. 731, S.J. Res. 28, a joint
resolution disapproving the rule submitted by the FCC with respect to
broadcast media ownership, the statutory time be reduced to 2 minutes
equally divided and controlled between Senators Dorgan and Stevens or
their designees; that upon the use or yielding back of the time, the
Senate proceed to vote on passage of the joint resolution; provided
further that all remaining provisions of the statute remain in effect.
I further ask that all statements relating to the matter be printed in
the Record prior to the vote on this important piece of legislation.
The PRESIDING OFFICER. Is there objection?
Without objection, it is so ordered.
Mr. REID. Finally, as I understand, we have one more rollcall vote we
are going to have now. There will be no votes tomorrow. This will be
the last vote until Tuesday morning, unless someone has an objection.
The PRESIDING OFFICER. There is now 2 minutes equally divided prior
to vote on a motion offered by the Senator from New Hampshire, Mr.
Gregg, on discretionary spending.
The Senator from North Dakota.
Mr. CONRAD. Mr. President, under the budget resolution, spending goes
down each and every year as a share of domestic product, 20.8 percent
down to 19.1 percent
The Senator opposite seeks to make those reductions more steep and
embrace the President's proposal which would eliminate the COPS
Program--not just cut it but eliminate it, a program that puts 100,000
police on the street--cut the Weatherization Assistance Program 100
percent at a time of $120 oil; cut the first responder grants--police,
fire, emergency medical 78 percent; cut community development 24
percent; cut clean water 21 percent; cut LIHEAP 15 percent.
More than that, because of the way this amendment has been written,
this would put defense in the pool to be cut. If you want to do that,
vote for the Senator's motion. I urge a ``no'' vote.
The PRESIDING OFFICER. The Senator from New Hampshire.
Mr. GREGG. Mr. President, I have no charts. I simply have a number:
$1 trillion. We should draw the line somewhere around here. We should
say to the American people: It is time that we exercise fiscal
discipline. Let's do it at $1 trillion. That means that in this budget,
you only have to reduce it 1 percent to get back underneath that
number.
We don't have to look to the President to do that. We can't, amongst
ourselves, come up with $10 billion of savings on a $1 trillion budget?
If we can't, we should all go home.
Vote to draw the line at $1 trillion. Vote for the American taxpayer.
Mr. President, I yield back my time.
The PRESIDING OFFICER. The question is on agreeing to the motion of
the Senator from New Hampshire, Mr. Gregg.
Mr. GREGG. I ask for the yeas and nays.
The PRESIDING OFFICER. Is there a sufficient second?
There is a sufficient second.
The clerk will call the roll.
The assistant legislative clerk called the roll.
Mr. DURBIN. I announce that the Senator from New York (Mrs. Clinton)
and the Senator from Illinois (Mr. Obama) are necessarily absent.
Mr. KYL. The following Senators are necessarily absent: the Senator
from Tennessee (Mr. Alexander), the Senator from Tennessee (Mr.
Corker), and the Senator from Arizona (Mr. McCain).
Further, if present and voting, the Senator from Tennessee (Mr.
Alexander) would have voted ``yea.''
The PRESIDING OFFICER. Are there any other Senators in the Chamber
desiring to vote?
The result was announced--yeas 47, nays 48, as follows:
[Rollcall Vote No. 135 Leg.]
YEAS--47
Allard
Barrasso
Bayh
Bennett
Bond
Brownback
Bunning
Burr
Cantwell
Chambliss
Coburn
Cochran
Coleman
Cornyn
Craig
Crapo
DeMint
Dole
Domenici
Ensign
Enzi
Feingold
Graham
Grassley
Gregg
Hagel
Hatch
Hutchison
Inhofe
Isakson
Klobuchar
Kyl
Lugar
Martinez
McConnell
Murkowski
Roberts
Sessions
Shelby
Smith
Stevens
Sununu
Thune
Vitter
Voinovich
Warner
Wicker
NAYS--48
Akaka
Baucus
Biden
Bingaman
Boxer
Brown
Byrd
Cardin
Carper
Casey
Collins
Conrad
Dodd
Dorgan
Durbin
Feinstein
Harkin
Inouye
Johnson
Kennedy
Kerry
Kohl
Landrieu
Lautenberg
Leahy
Levin
Lieberman
Lincoln
McCaskill
Menendez
Mikulski
Murray
Nelson (FL)
Nelson (NE)
Pryor
Reed
Reid
Rockefeller
Salazar
Sanders
Schumer
Snowe
Specter
Stabenow
Tester
Webb
Whitehouse
Wyden
NOT VOTING--5
Alexander
Clinton
Corker
McCain
Obama
The motion was rejected.
Mr. CONRAD. Mr. President, I move to reconsider the vote.
Mr. BAUCUS. I move to lay that motion on the table.
The motion to lay on the table was agreed to.
The PRESIDING OFFICER. Under the previous order, the Chair appoints.
Mr. Conrad, Mrs. Murray, Mr. Wyden, Mr. Gregg, and Mr. Domenici
conferees on the part of the Senate.
____________________