Madam President, I ask unanimous consent that the order for the quorum call be rescinded. Madam President, this spring, just a few days before Congress enacted the last continuing resolution, which…
Madam President, I ask unanimous consent that the order for the quorum call be rescinded.
Madam President, this spring, just a few days before Congress enacted the last continuing resolution, which is the spending plan--this resolution that would extend the Biden-era spending levels-- President Trump said in a speech that he wanted to do something that hadn't been done in over 20 years: balance the budget. I fully commend him for that, and I am very supportive of trying to get there.
The difficulty is that the spending levels that we voted on in March and the spending levels we will vote on again this week don't balance the budget and don't come anywhere close. These are the spending levels that Biden put in place in December before he left office.
Most Republicans were critical and condemnatory. Many conservative Republicans, like myself, voted against these spending levels because they were such that they would lead to a $2 trillion deficit. Well, that is still true. This year, the deficit will be right around $2 trillion, and it is because we have continued the Biden spending levels.
To balance the budget, Congress needs a much stronger response than the legislation being presented. Critics of excessive Federal spending have rightly argued that Congress should return to prepandemic levels of spending. When the pandemic came in, spending went through the roof. The economy was shut down. They wrote free checks to all Americans. The problem is that all that was borrowed. There was no money. There was no rainy day fund.
Now, there is a way to tackle the budget and to try to balance the budget over time. I have a Penny Plan budget that I have been introducing for several years. We have not gotten any Democrat support, but we have gotten over half of the Republicans to support it. My Penny Plan would balance over about a 5-year period and would return spending almost immediately to what would be a prepandemic level.
Six months ago, though, when the current continuing resolution was passed, Republicans were told that we were just clearing the decks, that this was going to be temporary, and that we would then be bold and present budgets that would cut spending. Once President Trump was in office, with a Republican majority in the Senate and the House, we would finally address spending levels. And wouldn't you know it-- getting serious about a balanced budget is not on the agenda this week. There really isn't any serious change. What we are talking about is a continuing resolution that continues the Biden spending levels. These spending levels this year have led to almost $2 trillion in deficit and are projected next year to lead to $2.1 trillion in deficit.
In addition, we will also be voting on something called an automatic continuing resolution proposal. This is the idea that, rather than having the government shut down, it would just continue spending the same amount of money. In theory, I like the concept; I just don't really like continuing the Biden-era spending levels because they never balance--not over 5 years; not over 10 years; really, never. The lines never cross. So, sure, you would keep the government open, but you would keep the government open and spend the same amount we do currently, which is out of control and not defensible. So keeping the government open while continuing $2 trillion deficits hardly seems desirable.
Rather than the relentless fury to tackle the debt, which is what we were promised with a Republican majority, the powers that be have once again waved the white flag of surrender by failing to present the American people with legislation that would make the cuts necessary to balance the budget.
Under the proposed continuing resolution or the automatic continuing resolution we will vote on tonight, the budget never balances. Even if you take it out as far as the eye can see, revenue will never meet expenditures. So it is just not something I can support, and I don't think it is a conservative proposal. Spending has gotten so out of control that this freeze, even over a decade, doesn't put a dent in the deficit.
Presidents of both parties pay lipservice to the idea that the national debt must be addressed. Yet it gets worse under both parties. People ask me: Whose fault is it--Republicans or Democrats? And I just say: Yes, it is both parties. The right wants unlimited spending for the military, and the left wants unlimited spending for welfare. So you have guns and butter. You scratch my back, and I will scratch yours, and it all goes up.
Now, the reverse compromise could happen. You could actually cut a little bit from the military side and a little bit from the welfare side, and really everybody would get a little bit of a haircut across the board. You could balance your budget that way. But you can't exclude or exempt huge swaths of
government spending. You have to look at all spending, and if you do, the budget can be balanced by a 6-percent cut across the board, excluding Social Security.
I am proud of the President for what he has tried to do, though. Unlike past Presidents, Donald Trump has created the Department of Government Efficiency to identify and eliminate waste. DOGE has found billions of dollars of waste. Americans were rightfully appalled when they were told that your government has been spending $2 million on sex changes in Guatemala. I mean, it sounds like a bad punch line that, you know, you might hear from late night comics--$2 million on sex changes in Guatemala. Your government was spending that money, and the DOGE people came in and said: We shouldn't do it.
I have been talking about these things for years, but finally we have an administration that is interested in it.
There is $25,000 for an LGBT opera in Colombia and nearly $1 million to study the microaggressions among obese Latinx, whatever that means.
But it is just crazy wasted money. I mean, it would be one thing if it was from even a surplus of crazy wasted money, but we are doing this, and we have to borrow the money from China to send to all these crazy projects around the world. This doesn't even count the $200 billion we have sent to Ukraine. That is all borrowed as well.
This summer, President Trump sent Congress a special message identifying $9.4 billion in rescissions, and Congress, for the first time in a long time, did the right thing: We voted for and passed this rescissions package to cut $9 billion.
I supported, as I always do, cutting this foreign aid. With a deficit of $2 trillion a year, though, $9 billion is a drop in the bucket. We have to do more. Congress has to do more.
As much as I appreciate this, the power of the purse needs to be exerted more by Congress. We have let so many of these decisionmaking powers devolve to the President. The Founders, I think, would be appalled with Congress. They would be appalled with what Congress has become. Congress exerts no powers. It gives away its powers and does not seek a restoration of its powers.
Right now, we are living under emergency rule, where the President has declared emergencies on 160 countries and has declared that he has the right to declare whatever he wants through import taxes. Well, our Founding Fathers would be appalled. The Constitution is very clear: Taxes originate in Congress, and even more specifically, taxes originate in the House of Representatives.
Unfortunately, Congress has been all too happy to wither in the shadow of the Presidency that grows larger with each successive administration. Whether it be Republican or Democrat, the Presidency grows larger and stronger; to wit, the continuing resolution that we are considering--the spending plan that we are considering--maintains the Biden spending levels.
If you will remember, there was an election. Do you remember the Republicans all said: Bidenomics and Bidenflation and Biden spending-- we are against all that.
That was kind of what the election was decided on, and now you have a Republican in the White House, Republicans in the Senate, and Republicans in the House, and we are living under the Biden spending levels that they complained about.
The great irony is, the Democrats have now switched. The Democrats supported the Biden spending levels under President Biden. Now there is a President Trump and the spending levels are exactly the same, and all the Democrats are voting no. It makes no sense at all.
It is really ironic that every Democrat Senator supported the spending levels just 9 months ago that we are voting on now. So when they say ``continuing resolution,'' we are continuing the same spending levels that we started with in December of last year, and every Democrat voted for them.
Likewise, in December of last year, conservative Republicans voted against the Biden spending levels, and now they are poised to vote for the Biden spending levels. Both parties have completely flip-flopped to the opposite side of the same issue that hasn't changed. Congress has truly entered the upside-down world.
To add insult to irony, the CR before us adds the foreign aid dollars we canceled 2 months ago back into the baseline spending. So we, finally, for the first time and as long as I can remember, had a vote to get rid of this crazy foreign aid, this foreign welfare. We did the right thing. We got rid of $9 billion. There is still another 40-some- odd billion dollars in the budget. We got rid of $9 billion. By voting on this continuing resolution today, they are sticking the foreign aid back in. The foreign aid will be back part of the baseline again. We have to go through the whole thing again. It is almost as if DOGE never existed, as if DOGE never found all this stuff, criticized it, shamed Congress into doing the right thing, and we cut the foreign aid. It is going back in. So we are going to do a CR that doesn't lessen the foreign aid spending. It is going to have the same level of foreign aid spending we had last year.
I am not going to fall for this trick, and conservatives shouldn't either. As Jefferson tells us, our job is to be eternally vigilant. What the country needs is a bipartisan effort in Congress to reclaim the power of the purse and to do what is necessary to eliminate duplicative spending, wasteful spending, and spend only what we can afford.
We have some programs here that were begun 40 years ago, authorized. People said: We are going to solve the problem of homelessness, 40 years ago. The programs have been reauthorized, and we just continue living on and on. Then, every year or so, someone goes: Wow, we have a homeless problem. Why don't we get another government program to build homes?
They did this in California recently. They spent $27 billion over a several-year period. Do you know what the average unit cost for the affordable housing was? A million dollars a unit. That is the history of government, the incompetence of government; that they are going to build houses for poor people, and it turned out costing them a million dollars a unit to build houses for poor people.
Just 2 weeks ago, a majority of the Republican caucus actually did vote for my Six Penny Plan. The Penny Plan, as I have said, is to cut spending across the board. It is how we would actually finally balance the budget. It is this compromise that everything needs a little bit of a haircut. Unfortunately, we have gotten no Democrat support for it. We got a little over half the caucus, but probably a little over a third-- 30, 40 percent of the caucus--is still believing that we should just keep spending levels as they are or continue to increase spending. So we are not quite there yet. There is not quite enough fear of where we are.
But $37 trillion in debt is not something to be sneezed at. We are adding in $2 trillion a year. The interest alone is about $1 trillion. Some people have made the argument that a country can no longer remain strong when its interest payments on its debt exceed its actual spending to defend itself, the military spending. So I think we are really at a tipping point.
Everybody comes to us for money. Everybody has got their hand out. Everybody wants more out of us. From Israel to Israel's neighbors, everybody has got their hand out. Everybody wants more money from us. And I think it makes no sense for us to be borrowing it from China to give it to other countries, no matter how good the request is.
The plans that have been presented before us--we had two plans presented: a Republican plan and a Democrat plan. Which one adds debt? Yes, both of them. The Republican plan will add $2 trillion in debt next year if we continue spending at the same level. The Democrat plan said we want another trillion on top of that, so it would be a $3 trillion deficit next year. So neither party is serious about this.
But there is an alternative, when we get enough Republicans, and that is the Penny Plan that I have been offering for several years. It balances it by gradually reducing spending just a little bit each year.
But by supporting yet another continuing resolution at the current spending levels, Republicans are essentially signing off on the fiscal policies of the Biden administration--policies Republicans once rightly opposed.
Just a short time ago, virtually every Republican was saying the Biden
spending levels were too high. But given that this continuing resolution will add another $2 trillion deficit next year, this plan, at the Biden level, should be a nonstarter. However the legislation before us today is being presented as a solution to dysfunction, but in reality, it is just papering over the cracks.
This measure is not a reversal of the status quo; it is the status quo. It does nothing to address our debt. It does nothing to divert our trajectory that is bankrupting this Nation. This is not some theoretical debate; this is math. This is what will happen. This is what happened last year and is going to happen again--$2 trillion in additional debt.
We bring in about $4.7 trillion. We spend $6.7 trillion. We are spending $2 trillion more than comes in. This isn't like an emergency. This isn't even the excuse of the pandemic. This is routine business, routine status quo, $2 trillion in deficit every year.
If we stay on this path, we keep spending like we did during the pandemic or under the Biden administration, we are guaranteeing a future of higher inflation and crippling debt for our children and grandchildren.
We are running out of ways to fix this. We are running out of time.
The CBO projects that within the next 10 years, mandatory spending-- this is all the welfare programs--and interest alone will exceed revenue. We are getting pretty close to that now.
Think about that. We vote on a budget that is not mandatory spending. Military spending is considered to be discretionary, and then there is a bunch of discretionary welfare. Military is a little bit more than the welfare. That is the budget we vote on. Then you have mandatory spending, which is Social Security, Medicare, Medicaid, food stamps, and then interest on the debt. That, essentially, is equal to what comes in. The taxes that are coming in equal the mandatory spending. So when we actually do produce a budget, which isn't very often, the stuff we are spending is almost entirely borrowed.
If you look at the discretionary spending budget, it is about $1.8, $1.9 trillion. That is the debt. That is what the debt is. The debt is, essentially, equivalent to the discretionary spending. The mandatory programs, the welfare programs, have gotten so big, and they grow with such abundance each year. We have added in young, healthy, able-bodied people to these programs that really shouldn't be on welfare. You have added these people in, and it is consuming all of your taxes. So, really, everything else is being borrowed.
Entitlement programs and interest will consume every single dollar within a year or two that comes in, in tax revenue.
Imagine if you were running your household that way: no money left for food, clothing, shelter, unless you take out a loan every single year forever. That is what we are doing. You really can't live that way. You can borrow if you want to borrow to buy a house, but the bank holds the house. But you don't borrow money to pay rent for your apartment. You don't borrow money to pay for your groceries. You have to actually earn that money and have enough for your daily living expenses. We are to the point where we are borrowing for the daily living expenses of government.
My amendment that I have offered to this would take the automatic renewal that prevents us from shutting down--take the automatic renewal and put in the Penny Plan numbers so what you would actually have is not running the government at the same levels, at the Biden levels; you would actually reduce spending by 6 percent.
I am fine to make it automatic. I am fine to let it kick in and go on so we don't shut the government down, and we avoid the chaos and the discomfort of having the government shut down. But we shouldn't keep spending the same amount of money. That would be like abdicating our duty just to spend the same amount.
But if we were to use my Penny Plan budget, we would be returning to prepandemic spending levels, a significant cut that would put us on the path to balancing our budget within 5 years.
The government, though, has lost sight--lost sight--of its priorities. The American people are the ones paying the price. The big spenders don't tell you the truth. They don't tell you that it is all borrowed. They don't tell you that you are being ripped off by inflation. They don't tell you that well, gosh, we are going to give you all this stuff, but it has a cost.
Really, nothing really is free in life. There is really not any possibility of getting something for nothing. What you get from government through borrowed money you pay for through inflated prices.
The inflation of the Biden years didn't go away. Over the last 3 or 4 years in the grocery store, a lot of the meat and the different items in the grocery store went up 20 percent. When they say inflation is slowing down, that means we are just not adding more to it. But if you don't make 20 percent more than you made 4 years ago, you are being ripped off. You are being ripped off by inflation.
It wasn't that long ago that my colleagues, at least on this side of the aisle, stood united in opposition to this fiscal recklessness. It wasn't that long ago that we drew a line in the sand on debt and the debt ceiling; that we demanded spending caps; that we said we wouldn't mortgage our children's future to fund today's political convenience. Now, some seem content to roll over and lock in the very policies that we ran against.
I won't do that, and I won't urge my colleagues to do that either. We can't claim to be fiscal conservatives while voting for more and more debt. We can't claim to be this great opposition to the Biden spending levels and then vote the Biden spending levels in. We can't claim to not like deficit spending and then vote for spending that will inevitably lead to another $2 trillion in debt next year.
This country can't afford to write another blank check. We can't afford to lock in the fiscal mistakes of the past. We need real reform. We need it now. We need to return to the principles of limited, constitutional government. If we obeyed the Constitution--most of the nonsense, most of the spending that goes on up here really isn't authorized under the Constitution. If we return to the Constitution, the principles of limited government, responsible budgeting, and economic freedom, we would have a balanced budget again. We need to start today.