[Congressional Record Volume 159, Number 37 (Thursday, March 14, 2013)]
[House]
[Pages H1423-H1424]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FORT REPORT: SEQUESTRATION, THE WASHINGTON WORD
The SPEAKER pro tempore. Under the Speaker's announced policy of
January 3, 2013, the gentleman from Nebraska (Mr. Fortenberry) is
recognized for 60 minutes as the designee of the majority leader.
Mr. FORTENBERRY. Mr. Speaker, I would like to speak today about the
sequestration and fiscal affairs facing our country.
Earlier this month, I was back home in Lincoln, and I went to one of
the local diners and saw my friend Norm, and Norm asked me a question.
He said: Jeff, what are they doing about that word they keep using in
Washington?
Well, Norm was referring to ``sequestration,'' which took effect
March 1. ``Sequestration'' is that inside-the-Beltway term for
automatic spending reductions to the Federal budget. These reductions
will be $85 billion in the first year, with roughly half applied to
military programs and half applied basically to everything else the
government does, with the exception of retirement, health care, and
other income support programs.
Mr. Speaker, I think it might help everyone if we had a little bit of
history to clarify how we got to this moment.
A year-and-a-half ago, there were negotiations in Washington over
what we call the debt ceiling. The debt ceiling must be lifted by us in
Congress if the Federal Government cannot pay its bills and we must
borrow more. We give that authority to the administration. The
negotiation ended with three outcomes:
First, Congress would cut spending by an amount greater than the rise
in the debt ceiling;
Second, a supercommittee would be formed to negotiate the right type
of tax reform and the right type of spending reductions;
Third, automatic spending cuts, now known as the sequester, would
take place--this was proposed by the President and agreed upon by us in
Congress--if this supercommittee failed.
These automatic cuts to the budget, the sequestration, were supposed
to be so distasteful to everyone that it was going to motivate us all
to find creative and reasonable solutions to fix the budget crisis. But
the supercommittee failed; now the sequester has kicked in.
Mr. Speaker, 70 percent of Americans want this deficit reduced. I
imagine those numbers are probably higher in Nebraska, where I live,
where fiscal responsibility is a core characteristic of family life,
business ethics, as well as good governance. People know economically,
mathematically, or intuitively that you can't spend more than you have.
Citizens also want to see their government act in a reasonable fashion.
Mr. Speaker, the Federal budget deficit has been running more than $1
trillion in the last few years, and our cumulative debt will top $17
trillion this year, the size of our overall economic output in the
country. The overspending and debt are serious impediments to economic
recovery, and they also create national security problems.
Some in Washington want to halt any spending reductions at all. I
don't believe this is an option. Washington must begin living in the
real world. Something must be done. Two principles should be at work
here: there must be reasonable budgetary reductions, while at the same
time there must be deliberate delivery of smart and effective
government services. While the sequester serves as a trigger for the
first principle, it does not balance it with the second. Automatic cuts
do not allow for discretion in determining which programs should stay
or expand and which should be revised or eliminated due to
ineffectiveness.
The sequestration also hits our military in a disproportionate manner
and disrupts procurement and planning decisions that cannot operate on
a short-term budgetary horizon. Mr. Speaker, we should keep the spirit
of the sequestration--and preserve the fullness of these reductions--
but continue to revise its implementation with the flexibility to make
more precise cutbacks. The House recently passed a funding bill for the
remainder of the fiscal year which gives the military this needed
flexibility.
Mr. Speaker, as well, the Appropriations Committee recently held a
hearing with the head of the Government Accountability Office, known as
the
[[Page H1424]]
GAO. I raised the issue of GAO findings that cited 132 areas within the
Federal Government with duplicative missions, with about 300 potential
areas of action items that could be undertaken to tackle this
redundancy problem. Consolidation of programs could officially save
tens of billions of dollars, and unofficial estimates put that number
in the hundreds of billions of dollars. Further questioning revealed
that there is approximately $385 billion of uncollected Federal
revenue. The GAO report could serve as a guidepost on how we might
achieve the right balance between reductions and more effective service
delivery.
All in all, the fiscal disorder in Washington, Mr. Speaker, and the
inability to budget in a responsible manner is undermining the ability
of our economy to turn around. The careening from one governmental
drama to another is undermining confidence in the institutions of
government. While it is painful, the sequestration is serving as a call
to all of us to promptly budget with propriety and boldness to get
America's fiscal house in order.
With that, Mr. Speaker, I yield back the balance of my time.
____________________