[Congressional Record Volume 162, Number 23 (Tuesday, February 9, 2016)]
[Senate]
[Pages S712-S713]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE PRESIDENT'S BUDGET
Mr. CORNYN. Mr. President, this morning at 11 a.m., the President
released the budget, his final budget for his Presidency.
Unfortunately, rather than something that sends a signal that he wants
to work with Congress, it is basically more of the same--a $4 trillion
budget that is unserious, partisan, and contains reckless spending. In
it, he does include several new proposals, proposals he knows will be
dead on arrival here in the U.S. Congress.
From my perspective, coming from an energy State, one pretty
astounding measure he suggested was putting a $10 tax on each barrel of
oil. What that would do is translate into 25 cents a gallon more for
consumers at the pump. How in the world would that help American
families who are suffering as a result of stagnant wages due to slow
economic growth in this country as well as additional costs, such as
ObamaCare, that have been imposed upon them by the administration? The
simple fact is that it doesn't help the average American family get by.
It is the opposite.
At a time when our country is producing more energy domestically than
it ever has and just beginning to export that energy to our friends and
allies around the world, the President's budget reveals that he has
little interest in growing our energy independence and little interest
in jump-starting our economy.
All he has to do is look at Texas, North Dakota, Pennsylvania, and
other places to see how our domestic energy production has helped
create thousands of jobs and helped grow the economy. Instead, the
President makes these job-
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killing proposals, which will further burden hard-working American
families, along with the tepid growth that we have seen here in our own
economy--0.7 percent just this last quarter. The President's budget
adds further insult to injury by adding to our national debt, which is
already $19 trillion.
Somebody is going to have to pay that back. In the meantime, what we
will have to do is pay interest on that debt, which will continue to
crowd out spending in other areas like national security where there is
a national consensus. This is the number one priority for the American
people.
Strangely, but unfortunately predictably, rather than deciding to
work with Congress and to listen to the concerns that are raised by
those hard-working American families, President Obama went ahead and
submitted a budget with no apparent interest in finding any kind of
common ground. It is a sad testament to his go-it-alone legacy, which
has been more ideological than actually solution oriented.
We are here to try to solve problems, and the only way we do that is
by working together to find consensus where we can. Understanding that
there are people who serve in the Senate and the House from different
points of view all across the ideological spectrum, it is only by
working together--and that includes not just Congress but the
President, too--that we can actually begin to help grow the economy to
help create jobs, to help make America more secure.
Given the fact that the President has decided to take the tack he
has, I hope that Congress will lead the charge against this request for
irresponsible spending and try to help get our economy back on track,
to begin the process of reducing our debt and strengthening the hand of
the American family.
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