[Congressional Record Volume 157, Number 153 (Thursday, October 13, 2011)]
[Senate]
[Pages S6479-S6480]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICAN JOBS ACT
Mr. CARDIN. Mr. President, I take this time to comment on a vote that
took place earlier this week that the people of this Nation are having
a hard time understanding--why the Republicans are filibustering
legislation that will allow us to consider job growth in America. It is
a filibuster, and that happens so frequently in this body that it seems
to be standard operating procedure for the Republicans. But in this
case I think the American public realizes they have gone too far.
We have to create more jobs. We have to create more jobs so our
economy can grow. There are millions of Americans who are seeking work
and cannot find jobs and they need work in order to support their
families. We need more jobs for our economy to grow.
We got into a debate in August about what we were going to do about
raising the debt ceiling and we were all concerned about the deficits
this country has. Yes, we are concerned that our current deficits are
not sustainable, but we will not have a budget that is sustainable
unless we have more jobs. You can look at all of the programs to reduce
government spending or to try to bring in more revenues, but if we do
not create more jobs we are not going to be able to get our budget into
a semblance of order.
The reason for that is simple. The more people out of work, the more
reliant they are on government services and the less taxes paid in to
pay our bills. So for the sake of those who are seeking employment, for
the sake of our economy, for the sake of our budget, we have to create
more jobs.
We had a vote this week on moving forward on S. 1660, the President's
jobs initiative. It was a motion to proceed. It was a motion to bring
the bill to the floor so we could get into a debate about the best way
to create jobs. Many of us thought we would have amendments that would
enhance and improve the President's package. The President's package
was a starting point for our debate. But the Republicans said no, we
are going to filibuster even the opportunity for us to consider jobs
legislation. They wouldn't even allow us to move forward.
We had a majority of the Senate. We had enough votes to pass it or at
least proceed if it were a simple majority, which is what most
democracies believe is the right standard. But, no, we had a filibuster
that did not even allow us to consider the jobs bill on the floor of
the Senate.
I find that most surprising. When you look at the President's
proposal, the individual provisions have bipartisan support. This is
not a Democratic proposal. Every one of the provisions that
[[Page S6480]]
the President included in his package had bipartisan support. The
Congressional Budget Office said the President's proposal would
actually reduce the deficit and would create jobs. It has been
validated by the outside experts. Marc Zandi, the chief economist at
Moody's--he was also, by the way, the economic adviser to Senator
McCain during the 2008 Presidential campaign--said, talking about the
President's plan, ``The plan would add 2 percentage points to GDP
growth next year, add 1.9 million jobs, and cut the unemployment rate
by a full percentage point.''
There are many others. Macroeconomic Advisers said that the
President's package would:
Boost the level of GDP by 1.3 percent by the end of 2012,
and by 0.2 percent by the end of 2013--
In other words, we are moving in the right way; and then went on to
say:
Raise nonfarm establishment employment by 1.3 million by
the end of 2012 and 0.8 million by the end of 2013. . . .
The Economic Policy Institute estimates that the President's job bill
would create 2.6 million jobs over 2 years and protect an existing 1.6
million jobs.
Republicans say we cannot even talk about this on the floor, the
majority shouldn't at least be able to bring forward this issue so we
can have a full debate in the Senate.
The President's proposals included areas in which I think there is
strong bipartisan support--to help small businesses. We all know small
businesses are the growth engine of America. That is where jobs are
created. That is where most innovation will take place. The proposal
would help small businesses with new hires on their payroll and
expensing of investments so they have an incentive to invest in job
growth. That is what was in the President's proposal to help small
businesses.
In the President's proposal was help for our veterans. We all talk
about our warriors, our soldiers, out there every day protecting our
values. They have represented America so brilliantly in international
combat. Now they are coming home to America. They are coming home and
they cannot find work, cannot find a job. The President is saying let's
help them. We all talk about doing what we can to help our warriors.
This bill did something tangible about it.
What did the Republicans do? They filibustered an opportunity to even
talk about a bill that could help create more jobs.
The proposal also provides for infrastructure. Infrastructure is
building. It is rebuilding America. Democrats and Republicans agree on
that. We have to rebuild our bridges and our roads. The bridges are
falling down. Roads are in desperate need of repair. Roads help provide
economic growth for our country. It would help us rebuild America,
create jobs through those who construct these new roads and bridges and
electric grids, et cetera, but then also make America more competitive.
It would help those who are unemployed in several ways. First, it
would provide not just unemployment benefits, which are important
because they help families keep their homes and keep their family
together and help our economy because that money is spent, it also
reforms the unemployment system, so we train those who are out of work
for jobs that are available. In many cases, as the Presiding Officer
from Ohio knows, those who have lost their jobs are going to have to
find employment in a different area. Well, the unemployment system
should be reformed so that they could be trained for those types of
jobs. That was in the proposal the Republicans would not even allow us
to bring up. They filibustered rather than allow the majority to bring
forward a bill to help create jobs.
The bill was paid for. As I have indicated before, it didn't increase
the deficit. The Congressional Budget Office said it would actually
reduce the deficit.
I want to make the point I made earlier and underscore this: The
motion to proceed was the starting point for the debate--the starting
point. I had three amendments I wanted to bring forward--I am going to
talk very briefly about those three amendments--that I think would have
improved the President's bill.
One would allow the Small Business Administration surety bond
program--this is a program that gives small construction companies the
ability to move forward with construction work. It would increase the
surety bond program from $2 million to $5 million. It was an amendment
I offered to the American Recovery and Reinvestment Act. Let me tell
you about the success of that program. As a result of increasing the
surety bonds from $2 million to $5 million, we saw a jump of 36 percent
in 1 year, 2010, in construction work for small businesses. That is
quite a success story. Guess how much money that cost the taxpayers of
this country in direct costs. Zero, no cost to the taxpayer. Well, my
amendment would make that extension permanent. And it is bipartisan--
Democrats and Republicans support it.
I have another amendment that would expand the infrastructure work to
include water projects. Water projects are in desperate need. We have a
huge need to deal with the way we treat wastewater and our safe
drinking water. My amendment would add $30 billion for infrastructure
in our water projects. It would provide $20 billion to the Clean Water
State Revolving Fund and $10 billion to the Safe Drinking Water Act.
I would like to talk about one more amendment, which is the cool roof
bill I filed with Senator Crapo which would change the depreciation
schedule for those businesses that put on modern roofs that are energy
efficient and would create 40,000 jobs and help our energy policy. This
is another amendment I cannot bring forward because the Republicans
filibustered the motion to proceed, so we can't bring up the jobs bill.
Well, Americans want us to consider jobs legislation. I hope we find
a way to do it. I can tell you that I am going to continue the fight to
create more jobs for America because that is America's future. Our
economy depends upon it, and we need to continue to focus on how we can
create more jobs for the American economy.
I yield the floor.
The PRESIDING OFFICER. The Senator from Nebraska is recognized.
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