[Congressional Record Volume 157, Number 60 (Thursday, May 5, 2011)]
[Senate]
[Pages S2726-S2727]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
COMMENDING CONGRESSMAN PETER WELCH
Mr. LEAHY. Mr. President, I would like share the good work being done
by my friend and colleague in the House of Representatives, Congressman
Peter Welch.
[[Page S2727]]
As Democrats and Republicans continue their discussions, I am proud
that Peter is bringing a Vermont perspective and Vermont values to the
debate. He understands the dangers the United States faces if we
default on our debt, but the burden of addressing our mounting national
debt must be shared fairly. Budgets are a reflection of our national
priorities, and we simply cannot balance our budget on the backs of the
most vulnerable alone.
I applaud Peter for bringing his reasoned and responsible message to
the debate. I ask unanimous consent that an article on Congressman
Welch from today's The Hill be printed in the Record.
There being no objection, the material was ordered to be printed in
the Record, as follows:
Rep. Welch: Partisan Division Begs Clean Vote To Raise Nation's Debt
Ceiling
(By Mike Lillis)
Lawmakers seeking a bipartisan deficit-reduction plan to
accompany the looming debt-ceiling vote are deluding
themselves about the efficiency of Congress, according to the
Democrat spearheading the push for a clean debt-limit bill.
Rep. Peter Welch (D-Vt.), who has emerged in recent weeks
as the staunchest proponent of a standalone debt-ceiling
hike, said the parties are simply too far apart ideologically
to reach a budget deal in time to avoid the market turmoil
many fear would attend inaction on the debt limit.
In a sit-down interview with The Hill from his fourth-floor
Longworth office, Welch noted the recent fight over 2011
spending took the country to the very brink of a government
shutdown.
The battle over the long-term budget will be even tougher
to resolve, he warned, and thus should be tackled separately
from the must-pass debt-limit hike.
``If the leadership thinks it can make progress on some
steps that would move us toward a better long-term
sustainable budget--fine,'' Welch said Monday. ``But if any
of us are candid--and we saw how just the simple question of
trying to keep the lights on in the government brought us to
the midnight hour--do we realistically think that the gap
between the [Democrats'] approach on the budget and the
[Republicans'] approach on the budget can be bridged in that
period of time?''
Congress's systemic dysfunction was on display last month,
Welch charged, when Standard & Poor's revised its U.S. debt-
rating outlook from ``neutral'' to ``negative.'' That move
was largely influenced not by fiscal considerations, he
noted, but by ``a lack of confidence in Congress and its
ability to make the compromises that are required to get from
here to there.''
With that in mind, Welch last month spearheaded a letter
urging Democratic leaders to unite behind a clean debt-limit
bill. It was endorsed by 114 Democrats. The potential
economic fallout of flirting with default, he warned, is too
serious to saddle the debt-ceiling vote with politically
charged budget conditions.
``This is not a matter of ripping up the credit card; this
is a matter of paying off the credit card,'' Welch said.
``And if you don't allow us to do that . . . we're basically
saying we're going to stiff our creditors.''
For almost a century, Congress has set a cap on the
nation's debt, allowing the government to issue bonds to fund
its deficit spending--up to a certain level.
Treasury Secretary Timothy Geithner has projected the
government will surpass the current $14.3 trillion ceiling on
May 16. Recognizing the improbability that Congress will act
before then, Geithner on Monday told lawmakers he can take
``extraordinary measures'' to stave off default for several
more months. He set the new deadline at Aug. 2.
All sides of the debate agree that Congress will ultimately
raise the debt ceiling. The question remains how it will do
that.
Republican leaders have insisted that the debt-limit vote
be coupled with a strategy for bringing down deficits over
the long haul--a sentiment shared by a growing number of
Senate Democrats.
``The vehicle upon which something is likely to be achieved
to reduce government spending is the debt ceiling,'' Senate
Minority Leader Mitch McConnell (R-Ky.) told reporters
Tuesday. ``I don't intend to vote to raise the debt ceiling
unless we do something significant about the debt.''
In the House, Majority Leader Eric Cantor (R-Va.) suggested
Tuesday that Republicans might stage a vote on a clean debt-
ceiling bill just to prove it can't pass--a strategy Welch
blasted as a ``political stunt.''
Rep. John Larson (Conn.), chairman of the House Democratic
Caucus, said this week that Democrats are ``amenable'' to
strategies that couple the debt-ceiling vote with a long-term
deficit-reduction plan--with a major caveat.
``They just have to be consistent with not touching Social
Security, Medicare, Medicaid and dismantling the social
compact between the American people and [their] government,''
Larson told The Hill on Tuesday.
Therein lies the trouble, as GOP leaders are eyeing cuts to
all of those programs as part of their deficit-reduction
plans.
Leaders from both parties, representing both chambers, will
meet Thursday with Vice President Biden in the first official
attempt to reach a long-term budget agreement.
Welch, a chief deputy whip, doesn't have much faith in a
quick resolution.
``The more the clock ticks, the more apprehension you'll
start to see in the markets,'' he warned. ``When this
happens, it could happen very quickly--and with devastating
consequences.''
It's not the first time Welch has emerged on the national
stage amid a thorny budget debate. In December, he was among
the fiercest opponents of the agreement between Obama and
McConnell to extend the George W. Bush-era tax cuts through
2012, even for the wealthiest Americans.
This week, he tempered that criticism with a bit of
pragmatism.
``It was not a great deal, but it was the best deal [we
could get],'' he said. ``My criticism also acknowledges that
the president had his reasons, and we in the House--the
Democrats--didn't have the votes.''
Welch was also highly critical of the cuts to low-income
energy subsidies contained in Obama's 2012 budget proposal--
cuts Welch said would ``literally freeze'' his constituents
who rely on them to pay their heating bills.
``A lot of us understood that the president was making a
statement,'' Welch said Monday of that critique. ``I
respected what motivated the president.''
In some sense, Welch's rise to prominence is as improbable
as passage of the clean debt-ceiling hike he's lobbying. The
third-term liberal is a relative newcomer to Capitol Hill.
And the Vermont he represents hardly shares the national
political reputation that characterizes many of its New
England neighbors.
Yet lawmakers on both sides of the aisle say Welch's
emergence is no accident. Rep. Jim Cooper (D-Tenn.), a Blue
Dog leader who shares a Capitol Hill apartment with the
liberal Welch, said his roommate studies hard and uses his
experience as a state legislator to great advantage in
Washington.
``Peter is a nerd, just like me,'' Cooper said in an e-
mail. ``He actually takes the time to read legislation and
understand the issues, which has become a rarity in
Washington. Coming from state government, where you need to
balance the budget every year, he understands the importance
of paying for legislation. This has made him a key consensus
builder in the House and one of the strongest advocates of
fiscal responsibility in the Progressive Caucus.''
Rep. Peter Roskam (Ill.), the Republican chief deputy whip,
called Welch ``a happy warrior''--the rare legislator who
``firmly believes in a set of principles'' but is also quick
to engage the other side.
``When the country looks at Washington, they feel like
members are just talking past each other,'' Roskam told The
Hill this week. Welch, on the other hand, ``is very
engaging.''
The bookshelf in Welch's office tells a similar story. It
holds volumes by Nancy Pelosi as well as T. Boone Pickens; it
boasts the 9/11 Commission Report but also a collection of
poems by Rumi, a 13th-century Persian poet and mystic.
Welch is also one of the few Democrats willing to go face
to face with Sean Hannity, the conservative--and
characteristically combative--Fox News pundit.
Welch conceded Monday that he ``got the Democratic
treatment'' during his recent Hannity appearance. But only by
reaching across the aisle, he said, will lawmakers in
Washington ever be truly effective.
``A lot of us get in arguments as though it's an
ideological battle to be won, rather than a practical problem
to be solved. . . . That doesn't work for the country,'' he
said. ``I hope that we all can take a step back--all of us--
and see that there's real advantage to us trying to work
together.''
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