[Congressional Record Volume 168, Number 85 (Wednesday, May 18, 2022)]
[Senate]
[Page S2567]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Unanimous Consent Request--S. 4251
Mr. SCOTT of Florida. Mr. President, I was hoping we could arrive at
a deal today, so let me try it one more time.
Eight percent inflation, I think, is really high. Remember that the
Federal Reserve's target is 2 percent. I am just here to see if we can
work something out and get something with which we can control excess
spending. So I am going to try one more time. I want to give Democrats
a chance in Congress to step up and fight for families all across
America who are being devastated by raging inflation. There is no
reason not to get this done.
My colleague objected to setting this point of order at 8 percent,
but certainly no one can object to saying that, at 12 percent
inflation, things need to change. Inflation over 12 percent would be an
even bigger emergency. We haven't seen the CPI that high since Jimmy
Carter.
Think about it this way: Things are really bad now, and 12 percent
inflation would be a 50-percent increase over the already sky-high
prices we are seeing today. Remember, we started at 3 percent. Now I am
offering my colleague a point of order that can only be triggered at 12
percent.
As in legislative session, I ask unanimous consent that the Senate
proceed to the immediate consideration of S. 4251, which is at the
desk. I further ask that the bill be considered read a third time and
passed and that the motion to reconsider be considered made and laid
upon the table.
The PRESIDING OFFICER. Is there objection?
The Senator from Vermont.
Mr. LEAHY. Mr. President, in reserving the right to object--and I
will--I think back over the years to some of the debates.
I remember, during the Reagan administration, when we heard so many
speeches from President Reagan and his supporters on how they had to
balance the budget. He did this at a time when he doubled and tripled
the national debt, all the time telling everybody how they were
balancing the budget.
Then I heard the objections to President Clinton's budget, saying
that it didn't do the wonderful things that the Reagan budget did even
though, of course, it gave the United States the first surplus it had
had in decades.
Every so often, reality catches up with rhetoric, and because of
that, I object.
The PRESIDING OFFICER. Objection is heard.
The Senator from Florida.
Mr. SCOTT of Florida. Mr. President, I am clearly disappointed that
we have had three opportunities to try to do something here that was
going to try to stop the reckless spending that is causing this
inflation.
I think all of us know that inflation is way too high. We also all
know that reckless government spending is driving up the cost of
inflation all across this country. I hope the Democrats in Washington
will start figuring out how we can get inflation under control. It
starts by living within our means. It starts by making sure that we
live within our budget and that we stop wasting money.
I yield the floor.
The PRESIDING OFFICER. The Senator from Vermont.
Mr. LEAHY. Mr. President, one of the ways you try to save money is,
again, not with rhetoric but with reality.
I would urge everybody to join with us on both sides of the aisle who
are working to get our appropriations bills together so we can reflect
the actual needs and go forward with that. Again, rhetoric is easy;
reality is a tad more difficult.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. HAGERTY. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.