[Congressional Record Volume 158, Number 38 (Thursday, March 8, 2012)]
[Senate]
[Pages S1501-S1502]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SURFACE TRANSPORATION ACT
Mr. CORKER. Mr. President, later today I will be down on the floor to
offer a budget point of order on the highway bill. I have been down
here several times over the course of the last several days.
I think most in this body--a large majority of people in this body--
have been a part of encouraging us to, in a very bipartisan way, solve
the budget problems we have in this country. There were 64 of us--32 on
each side of the aisle--who signed a letter to the President
encouraging him to really adopt some of the principles that were laid
out in Bowles-Simpson. After that, there was a very large number of
Senators on both sides of the aisle who signed a letter to the
supercommittee asking them to go big and really deal in a serious way
with the budget issues, the deficit issues with which our country is
dealing.
I have been down here multiple times talking about the various
oddities in this bill. What is getting ready to happen in this bill is
that we are actually, over the next 2 years, going to create a $10
billion to $11 billion deficit. Because of the various gimmickry we
use, we are figuring out ways to get around that. One of the budget
gimmicks we are using in the bill is that we are going to spend the
money over a 2-year period but pay for it over a 10-year period--2
years worth of spending, 10 years worth of revenues.
I think the Acting President pro tempore was here during the period
of time we had the health care debate in our Nation, and many of the
folks on my side of the aisle, rightfully so, were concerned about the
health care bill because there were 6 years' worth of costs and 10
years' worth of revenues, and a lot of people thought that was a budget
gimmick. Candidly, many of my friends on the other side of the aisle,
while they may have supported the
[[Page S1502]]
bill, were also concerned about those same types of gimmicks being used
in the health care bill, and it caused them concern.
My point is, in a bipartisan way, we have tried to deal with our
budget deficits in this country. I notice the Senator from Illinois
just stepped on the floor. He has been a major player in those
initiatives. What we did last year was we passed something called the
Budget Control Act. We did so in order to raise the debt ceiling and to
accomplish discipline in this body so that over the next 2 years we
established overall caps on spending.
This bill, believe it or not--here we are in March, with a very
popular bill, which speaks to the fact, to me, that it is the kind of
bill that many of us would think, if you really want to pass a highway
bill, you would prioritize it higher than other spending, that it is
the kind of situation that, in a bipartisan way, we would come together
and say: OK, we really want to see infrastructure spending in this
country, so let's make this of higher priority than other spending.
That is not what we are doing. Believe it or not, this Senate--which
has talked big about deficit spending, written lots of letters, had
lots of meetings--what this Senate is getting ready to do with this
bill is violate the Budget Control Act that we passed last year trying
to show the American people we had at least a modicum of discipline.
Let me say it one more time. This highway bill, in March of this
year--I think we passed the Budget Control Act last August, in the
early part of August, to demonstrate to the American people that this
Senate, this Congress had the discipline to put caps on spending over
the next 2 years to begin the process of addressing deficit reduction.
What we are going to do, if we pass this highway bill, as laid out, is
violate that budget cap right now.
I want everybody in this body to know that I plan to offer a budget
point of order. I hope at least all of those 64 Senators--32 on each
side--would join me in opposing breaking the Budget Control Act we just
put in place in an effort to demonstrate to the American people and,
candidly, to the world that buys our Treasury bonds that we have the
ability, the discipline to deal with the fiscal issues we have in our
Nation.
Mr. President, I know we have the distinguished Senator from Texas in
the Chamber, who was to speak exactly right now. I yield the floor and
thank the Acting President pro tempore for the time.
The ACTING PRESIDENT pro tempore. The Senator from Texas is
recognized.
Mr. CORNYN. Mr. President, what is the regular order?
The ACTING PRESIDENT pro tempore. The Senate is currently in morning
business, with 20 minutes 16 seconds remaining on the Republican side.
Mr. CORNYN. I thank the Acting President pro tempore.
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