[Congressional Record Volume 154, Number 91 (Wednesday, June 4, 2008)]
[Senate]
[Pages S5008-S5011]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FISCAL YEAR 2009
Mr. DOMENICI. Mr. President, I would like to thank Chairman Conrad
and the other members of the Budget Committee for their kind words and
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well wishes that have been directed toward me during our work on this
the final budget resolution during my tenure in the Senate.
As most of you know, I have worked on many budgets and numerous other
initiatives during my 36 year career. However, important work still
remains for the Budget Committee. If I had more time I would without a
doubt seek to address entitlement spending. I had pledged to work with
Chairman Conrad on his bipartisan bill and I am disappointed that we
may not have time to take it up this year.
This budget, like many before it, fails to address the 800 pound
gorilla in the room, otherwise known as entitlement spending. After
2010, spending related to the aging of the baby-boom generation will
begin to raise the growth rate of total outlays. The annual growth rate
of Social Security spending is expected to increase from about 4.5
percent this year to 6.5 percent by 2017. In addition, because the cost
of health care is likely to continue rising rapidly, spending for
Medicare and Medicaid is projected to grow even faster--in the range of
7 or 8 percent annually. Total outlays for Medicare and Medicaid are
projected to more than double by 2017, increasing by 124 percent, while
nominal GDP is projected to grow only 63 percent. The budget currently
under consideration does not offer solutions, much less even address,
entitlement spending or reform. I do not support this budget in its
current form because it does not offer any meaningful solution for
entitlement spending.
I offer this piece of advice to my colleagues serving on the Budget
Committee: tackle entitlement spending. The Budget Committee should
propel itself to the forefront of this debate and use the tools that
only this committee has at its disposal to address the number one issue
on the minds of the American public. With true leadership, this
committee has the potential to turn mere Senators into heroes if they
choose to address the entitlement programs. I urge Senators to come
together and find a solution in the near future before it is too late
to resolve this crisis.
Mr. LEVIN. Mr. President, I am pleased an agreement has been reached
on a budget resolution conference report. It is the duty of Congress to
approve the Nation's fiscal blueprint, and this year's budget report
presents a responsible plan that rightfully prioritizes job creation
and programs to support the safety, health, and education of America's
children.
Our economy has long been suffering and is in need of a boost. This
budget will help start to undo the damage caused by the
administration's misguided fiscal policies and stave off additional
cuts proposed by the administration that would affect important
programs that are especially needed in this time of economic distress.
This budget rejects the President's failed policy of paying for tax
cuts by adding to the debt burden of our children and grandchildren.
The fiscal year 2009 budget that President Bush sent to Congress in
February would have us pursue the same failed priorities and policies
that have proven so woefully wrong for Michigan and for our Nation. The
President's proposal would dig us even deeper into the massive deficit
ditch we are already facing. The President's proposal would provide
even more tax cuts to the wealthiest among us, while at the same time
it would cut funding for critical programs important to my State's
economy and the well-being of the State of Michigan. This includes cuts
to, among other things, health care funding, including Medicare and
Medicaid; decreased funding for important investments in education; and
the elimination of the Technology Innovation Program, formerly called
the Advanced Technology Program, and the Manufacturing Extension
Partnership, which helps small and mid-sized manufacturers compete in a
global economy.
We need to break from those failed policies by forgoing irresponsible
tax cuts for the wealthiest among us and making important investments
in America's future; we must work to put our country back on track and
begin the long process of climbing out of this deficit ditch.
That is why I am glad this resolution provides for a balanced budget
by 2012. It also furthers our strong pay-go rules, which require that
all mandatory spending and revenue provisions be deficit-neutral. It
sets the course to fully offset a repair of the alternative minimum
tax, which would otherwise cause nearly 20 million middle class
taxpayers to be subject to a tax they were never intended to be
subjected to. It also assumes middle income tax relief, including
marriage penalty relief, the child tax credit, and the persistence of
the 10 percent bracket.
I am pleased that this resolution includes my proposal to establish a
deficit-neutral reserve fund to promote American manufacturing.
Congress needs to act to revitalize our domestic manufacturing sector.
The administration has stood by passively while 3 million manufacturing
jobs were lost to America.
This resolution also seeks to close the tax loopholes costing the
Treasury large amounts of revenue and which have shifted an unfair
burden to middle income taxpayers. Shutting down abusive tax shelters
and offshore tax havens are two of the major tax gap initiatives
assumed in the budget resolution. Additionally, this budget would
reject many of the cuts in funding proposed by the President for
essential health care and education programs. I believe this budget
resolution, while only a blueprint for future action, sets us on a
course of fiscal responsibility and paves the way for important
investments in America's future.
I am also pleased that this conference report retains an amendment I
co-authored which, taken together with the underlying clean energy
reserve fund, will support extension of the current production tax
credits for renewable electricity and biodiesel fuel, the small-
producer biodiesel tax credit, and clean renewable energy bond
authority. It also proposes new tax credits for cellulosic ethanol and
plug-in hybrid vehicles. I will continue to work to enact these
necessary incentives.
Major bipartisan efforts will be needed to make true progress on the
long-term fiscal problems we face. But this resolution represents a
good start by proposing an end to the financing of unaffordable tax
cuts for the wealthiest among us, as well as funding prudent
investments to promote the health and well-being of our children.
Mr. CARDIN. Mr. President, I rise in strong support of the fiscal
year 2009 budget resolution conference report. As a member of the
committee, I want to recognize Chairman Conrad and thank him personally
for his untiring efforts to craft a blueprint that will get our
Nation's fiscal house back in order.
Perhaps more than at any time in our history, it is imperative that
Congress focus seriously on our Nation's budget situation. The
competing demands of an aging population, our current international
commitments, growing competition in the global economy, our widening
trade deficit, and shrinking revenues all require that we address our
fiscal situation with urgency. Revenues are at a historic low point,
while the demographics of the country are driving spending higher on
needs that the private sector is ill-equipped to address. Now there is
widespread consensus among working families that--regardless of the
official definition--we are in a recession.
Employment growth during this administration has averaged fewer than
50,000 jobs a month--the lowest monthly rate for any administration
since Dwight D. Eisenhower's and less than one-quarter the average of
237,000 jobs per month created during the Clinton administration.
Inflation-adjusted hourly wages have decreased by 1.3 percent since
August 2003. Even median annual household income has decreased by
$1,700, or 3.6 percent, after accounting for inflation. These are
aggregate statistics, but behind each of them are millions of families
who are falling behind as a result of inadequate investment in the
right priorities.
For too long, we have been moving in the wrong direction. Over the
past 7 years, the Bush administration has sent us budgets with the
wrong priorities. They have contained drastic cuts to education and
health care programs. They did not provide for investment in our
nation's public transit systems, bridges, and roads. They did not
address energy efficiency. They ignored veterans' health care needs and
actually attempted to make it more difficult for veterans to access the
health
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system we promised our troops. And they neglected the programs that
help working families thrive, including child care, housing, community
development, and job training. Recent Congresses supported those
budgets, and exacerbated the fiscal crisis by enacting irresponsible
tax cuts that America could not afford--tax cuts that overwhelmingly
benefitted the wealthiest Americans, while providing very little help
for working families. Last year, under new leadership in Congress, we
passed a budget that began to change course. This budget continues that
effort, and I am pleased to support it.
This conference agreement targets tax relief where it is most
needed--at working families. This includes an extension of the child
care tax credit, marriage penalty relief, and the 10 percent individual
income tax bracket.
Equally important, this budget resolution is fiscally responsible. It
will return us to a balanced budget, with a surplus of $22 billion in
2012 and $10 billion in 2013.
Even as crucial domestic programs have suffered under this
administration, the Nation's debt has increased from $5.8 trillion at
the end of President Bush's first year in office to in excess of $9
trillion.
If we fail to change course, we will leave our children and
grandchildren an insurmountable legacy of debt. The fiscal policies of
this current administration have erased the $5.6 trillion surplus that
was projected in 2000 and replaced it with a projected deficit of
nearly $4 trillion over the next 10 years.
The borrowing necessitated by deficit spending has jeopardized our
economic position in the world, and it has clouded the outlook for
generations of Americans to come. We have had to turn to foreign
governments to borrow money. Our foreign-held debt has increased by
more than 100 percent during this administration. In fact, in just one
year, the total has increased from $2.1 trillion to $2.5 trillion.
According to the Treasury Department, as of March 2008, the United
States now owes more than $600 billion to Japan, nearly $500 billion to
China, more than $200 billion to the United Kingdom We owe $150 billion
to oil exporting nations, up from $112 billion last year. These levels
of foreign-held debt threaten our independence as a nation, and they
are unsustainable.
That is why it is so important that we make the difficult budget
choices that can return us to a balanced budget, and that this
resolution contain tools needed to get there, including pay-go.
This resolution calls for $3.1 trillion in spending for the next
fiscal year. It rejects the President's cuts to entitlement programs,
and it funds domestic discretionary programs at $21 billion above his
budget request. This means that we can begin to make much needed
improvements in the programs that help build our nation.
The many important areas that this budget addresses are particularly
crucial in these difficult economic times for America's families. We
provide for a reserve fund that will improve access to affordable
housing for working families, we add $40 million for emergency food
assistance and we improve unemployment compensation.
In health care, I want to mention two specific areas. This budget
makes room for critically needed increases in health research funding.
The National Institutes of Health is headquartered in Maryland, and its
grants fund research in my state and across the nation. Unfortunately,
this is the sixth year in a row that NIH has been essentially flat-
funded. I have the privilege of meeting often with biomedical
researchers from my home state. They are working to find treatments and
cures for our most challenging diseases--cancer, diabetes, arthritis,
ALS, and others.
During the period when Congress doubled NIH funding--between 1998 and
2003--researchers' chances of securing NIH funding for a worthwhile
grant proposal was one in four. Since 2003, their chances have dwindled
to one in eleven. Undergraduate and graduate students alike are
beginning to question their career choices and wonder if there is a
future for them in biomedical research. With medical research inflation
at nearly 3.5 percent, we must increase the agency's funding by at
least that amount in order to break even. To make progress in the fight
against disease, we must increase our spending substantially. I am
pleased that our resolution rejects the President's planned cuts for
this critical agency and makes room for additional funding.
This budget resolution also makes room for improvements to pediatric
dental care. I have come to the floor of the Senate on several
occasions to talk about a 12-year-old named Deamonte Driver. He lived
just 6 miles from here in Prince George's County, MD. The Driver
family, like many other families across the country, lacked dental
coverage. At one point, his family had Medicaid, but they lost it when
they moved into a shelter, and their paperwork fell through the cracks.
When advocates for the family tried to help, it took more than 20 calls
just to find a dentist who would treat him.
Deamonte began to complain of headaches in January 2007. An
evaluation at Children's Hospital found that he had an abscessed tooth,
but the condition was advanced and he needed emergency brain surgery.
He later experienced seizures and a second operation. Even though he
received additional treatment and appeared to be recovering, medical
intervention had come too late. Deamonte passed away on Sunday,
February 25, 2007. At the end, the total cost of his treatment exceeded
a quarter of a million dollars--more than 3,000 times the $80 it would
have cost for a tooth extraction.
There is no excuse for us, in the wealthiest nation on Earth, to
watch a child die for lack of access to basic dental care. It is
difficult to find dentists to treat low-income children for two
reasons. First, because there is a shortage of pediatric dentists--only
4.3 percent of dental school graduates in 2001 reported pediatric
dentistry as their specialty of choice; and second, because the
reimbursement from public programs such as Medicaid and SCHIP is low.
Our budget rejects the President's cuts to dental training programs,
and it is my hope that we will continue to work to increase the number
of pediatric dentists and improve reimbursement for public programs.
But there are thousands more children, like Deamonte's brothers who
also need dental care--who cannot wait for us to recruit and train more
dentists. I thank both Senator Whitehouse, who joined me in offering an
amendment in committee to address this issue, and the members of the
Budget Committee who unanimously supported it. My amendment would
establish a deficit-neutral reserve fund in the budget for legislation
to improve access for low-income children who are in either Medicaid,
SCHIP, or are uninsured. As a result, this budget will allow Congress
to fund legislation to improve oral health care and more appropriately
reimburse the providers who are willing to treat low-income children.
These are the offices, clinics, and dental schools whose doors are open
to underserved patients, but whose ability to treat large numbers is
compromised by inadequate payments.
This budget also funds critical investments in homeland security. The
President's budget reduced funding for important first responder
programs, including the SAFER--Staffing for Adequate Fire and Emergency
Response--grant program. The SAFER grant program directly funds fire
departments and volunteer firefighter interest organizations to help
them increase the number of trained, frontline firefighters. This
budget rejects those cuts and will give firefighters needed resources
to protect our communities.
I am proud that this resolution also addresses another issue that is
critically important for Maryland. It calls for pay parity between
civilian and military employees. With tens of thousands of Federal
employees in Maryland, I have witnessed the additional burdens placed
on our civil servants, particularly since the 2001 terrorist attacks on
our Nation. These dedicated employees are called upon to assume greater
risks with lower comparable pay to private sector wages. In addition,
many Federal agencies now face a human capital crisis, with thousands
of our most experienced employees eligible to retire in the next few
years. Pay parity is necessary if we will be able to recruit and retain
a quality Federal workforce, and this budget provides for it.
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Finally, I also note that this budget supports our veterans. We
rightly reject the President's misguided proposals to increase
enrollment fees and copayments for veterans' health care services. We
increase funding for the Department of Veterans Affairs so that we can
improve VA health care facilities and improve access to rehabilitation,
mental health services, traumatic brain injury services, and speed the
processing time for disability claims.
Again, I thank Chairman Conrad for his leadership in helping to bring
forth this agreement. As he has said previously, it truly marks a new
path forward for our country. I urged my colleagues to support it.
I yield the floor, and I suggest the absence of a quorum.
The PRESIDING OFFICER (Mr. Whitehouse). The clerk will call the roll.
The legislative clerk proceeded to call the roll.
Mr. COCHRAN. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
Mr. COCHRAN. Mr. President, I ask unanimous consent------
Mr. CONRAD. Will the Senator withhold for one moment?
Mr. COCHRAN. I am happy to withhold for my friend from North Dakota.
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