[Congressional Record Volume 157, Number 112 (Monday, July 25, 2011)]
[House]
[Pages H5401-H5402]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
A WEEK IN POLITICAL WONDERLAND
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Oregon (Mr. Blumenauer) for 5 minutes.
Mr. BLUMENAUER. We begin another week in political wonderland. The
Dow falls 100 points at the opening bell. What is it that we should do?
Well, if we had the knowledge and problem-solving skills of average
college sophomore economic students, or women in a church study group,
before the week is out, we would take some simple steps.
First, we would understand that, in a divided government with real
economic challenges, no one group is allowed, especially those
representing a minority opinion, to have their way entirely.
Then, we would begin by repealing the silly debt ceiling limitation,
a law that was enacted in 1917 when the United States was about to
embark upon a borrowing binge in World War I. It was used to look like
we were fiscally responsible, a charade that we have done dozens of
times since.
The fact is, these are debts we've already incurred, and the United
States will honor them. What sort of theatrics are we going to go
through until we finally own up?
Next, we would actually deal with the twin challenges of
unsustainable spending and tax cuts along with the need to restore our
economy and compete in a global business environment.
In an ideal world, my Republican friends would use their opportunity
over the next 10 weeks to actually show how they would control spending
in a way that is possible within the political process. In fact, they
would have two opportunities between now and the election to actually
shut down the government, if they didn't get their way, to highlight
that effort.
We would also deal with a real consensus on things like military
spending. There's broad agreement across party lines. For example, why
shouldn't we, more than a half century after the end of World War II,
22 years after the collapse of the Soviet Union, bring those troops
home from Europe? Of course we can do that, and it's a start of many
things that would help us restore balance to our military spending.
Next, we can deal meaningfully with our health care costs. Many parts
of the United States spend far less money for Medicaid, Medicare than
the high-spending areas. We know how to do this and, in fact, those
low-spending, high value areas provide better quality health care.
Let's use the power of the Health Care Reform Act to accelerate those
reforms and spread them around America, saving money and improving the
quality of care.
Turn to the Tax Code. The American public would support a modest
reasonable tax reform that would actually raise some revenue by closing
unjustified tax loopholes and be able to deal with fairness and
simplicity. More people would actually pay their taxes. We would have
more revenue, and there would be more confidence in the system.
We should deal with our infrastructure deficit, something that
doesn't get as much attention around here as it should. We have a
serious deficiency in terms of basic infrastructure, transportation,
sewer, water, trillions of dollars of a deficit that is building,
undermining our competitiveness in a global economy. We would have
modest user fees to support needed improvement, together with
intelligent use of credit that would put hundreds of thousands of
people to work, strengthening not just the economy, but improving our
health and our global competitiveness.
We would reform agricultural spending. Those college students could
figure out what the experts have told us: that we can actually provide
more support for America's farmers and ranchers, improve the
environment, put more resources into nutrition for our children in
schools, all the time strengthening American agriculture, saving money.
This isn't rocket science.
Finally, we would launch a very public American process on how to
strengthen Social Security; protect that lifeline for our seniors in a
way that brings people together rather than divides them. Any Rotary
Club with 10 people, an Internet connection and a sheet of butcher
paper could come up with one, two or three alternatives that would
solve the problem over the
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next 50 years and would be acceptable to the American public.
This doesn't have to be so hard. It doesn't need to risk knocking the
economy into another tailspin. Done right, we can meet our real
challenges in a way that puts us on a sustainable economic path. We can
rebuild and renew America, and unite our country to meet our challenges
ahead.
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