Mr. President, I ask unanimous consent that the Senate proceed to the immediate consideration of H.R. 4691, a 30-day extension of provisions which expire on Sunday, February 28--unemployment…
Mr. President, I ask unanimous consent that the Senate proceed to the immediate consideration of H.R. 4691, a 30-day extension of provisions which expire on Sunday, February 28--unemployment insurance, COBRA, flood insurance, Satellite Home Viewer Act, highway funding, SBA business loans and small business provisions of the American Recovery Act, SGR and poverty guidelines--received from the House and at the desk; that the bill be read three times, passed, and the motion to reconsider be made and laid upon the table.
Mr. President, the Senator has objected to extending unemployment benefits across the United States of America which will expire on Sunday night. He has also objected to extending COBRA benefits, which is health insurance for the unemployed people across America. This has been done regularly, now that we are in this recession, because millions of Americans are out of work. We know there are four or five, maybe even six people for every available job. Folks have depleted their savings, they run the risk of losing their homes, they are trying to keep their children in school, they are trying to provide the necessities of life, and the Senator from Kentucky objects to their having unemployment benefit checks.
What does it mean to me? Well, in the State of Illinois, it means that as of Sunday night, 15,000 people in my State will stop receiving unemployment benefits because of the objection of the Senator from Kentucky. It means that every week thereafter another 15,000 will lose their unemployment benefits. It is a harsh reality that many of these families have been looking for work for a long time.
The Senator has also objected to providing assistance to small business. The request I made would extend, for 30 days, provisions of the Small Business Act and the Recovery Act lending programs for small businesses. So what the Senator from Kentucky is doing, as of Sunday night, is shutting down the availability of credit for small businesses across America through this Small Business Administration program. In the midst of a recession, when we are told small businesses are the engine that will bring us out of this recession, when they are desperate for credit to keep their doors open, families who have spent a lifetime building a small business are going to be denied an opportunity to borrow money through the Small Business Administration because of the objection of the Senator from Kentucky.
Let me say a word about COBRA. One of the first casualties of unemployment is health insurance. Sadly, many of these people are in a position where they do not qualify for Medicaid--health insurance for the poorest people. So they find themselves without health insurance for the first time because they are unemployed. We said, under President Obama's Recovery Act, we are going to help you pay for those premiums so you can continue to have health insurance for your family. That expires Sunday night too. The objection of the Senator from Kentucky means thousands of people across America will lose their health insurance. Because of his objection, they will lose it on Sunday night.
Workers who lose their jobs count on COBRA. And COBRA, frankly, is expensive. On average, COBRA coverage consumes 84 percent of unemployment benefits. It is not cheap. The average monthly unemployment benefit in Illinois is just over $1,300. The average monthly family COBRA premium is over $1,100. Through the Recovery Act, we said we would pick up 65 percent of that. Well, because of the objection of the Senator from Kentucky, if these people want to maintain their health insurance through unemployment, they are basically going to have to turn to savings or give it up.
Why? Why would we want to heap this kind of suffering on people who are already going through such misfortune? It isn't just Illinois that suffers, it is virtually every State. As of December, there were 221,000 people in Kentucky unemployed--10.7 percent of the Kentucky workforce--63,000 people in Louisville, 18,000 people in Lexington, 6,000 in Bowling Green, 5,500 in Elizabethtown, 5,000 in Owensboro. As they are desperately looking for work, many of these people are just getting by on unemployment checks. They are just trying to get by.
Last month, the State of Kentucky had the sharpest increase in unemployment claims in the country--in the entire United States--with 2,510 more claims than the month prior due to the automobile industry and manufacturing job cuts. Unfortunately, many of these people will lose their unemployment benefits in Kentucky because of the objection of their Senator. If Senator Bunning has his way, more than 14,000 Kentucky residents will lose their unemployment assistance in March and 60,000 by the end of June.
Why? Why are we doing this to these families in Kentucky and Illinois and every State? Everyone acknowledges there is only one objection. Everyone in this Chamber acknowledges we are a caring and compassionate country, and we will, on an emergency basis, extend a helping hand to those who have lost their jobs.
Most Senators have left for the evening, but some have stayed on the floor. I have asked them if they would like to say a word on this issue. They are going to go home and tell their people back home there are going to be some terrible things happening as of Sunday night because of the objection of the Senator from Kentucky: 15,000 in my State, thousands in his own State and all across the country.
I am staying tonight to talk about this because, frankly, I don't think this ought to be business as usual. I don't think one Senator ought to be able to heap this kind of suffering and misfortune on people who are already struggling in this economy. If you wish to take it out on somebody, take it out on a colleague or a debate, but these are helpless people out of work.
Senator Reid offered to the Senator from Kentucky an amendment--bring to the floor your theory on how to pay for this. He has a theory. He wants to pay for it with unexpended stimulus funds, as I understand it. He would have had his chance on the floor to make his case. He would have had a rollcall at the end of the day. He might have won, he might have lost, but he came to the floor yesterday and said I am not going to fall for that. I may lose this amendment and therefore I am going to object.
That is the nature of things. It is like when you pitch a ball game. Sometimes you win and sometimes you lose. On the floor, sometimes you win----
I have never pitched a ball game. I never have. I am very proud of what you have done in your baseball career. But let me tell you, this is a wild pitch you are throwing tonight because this is a pitch that is hitting somebody in the stands, it is hitting an unemployed worker in Illinois. That is a wild pitch that should not have been thrown, Senator.
I believe when you look at what this is going to do across America, this is unforgivable that we would do this to these unemployed people.
For the Senator from Michigan, I yield for the purpose of a question.
I would say to the Senator from Michigan, this has been characterized as an emergency because it is an emergency. It has been acknowledged by the Budget Committee. It will be treated as an emergency spending situation. It is an extraordinary situation, just like a drought or flood or hurricane or tornado. These people have had their lives disrupted. We are trying to keep these families together. If there is ever a family value issue, this is it.
At this point I would like, on behalf of the people of Michigan and Illinois and Kentucky, Mr. President, to ask unanimous consent that the Senate proceed to the immediate consideration of H.R. 4691, a 30-day extension of provisions which expire on Sunday, February 28, unemployment insurance, COBRA, flood insurance, Satellite Home Viewer Act, highway funding, SBA, business loans and small business provisions of the American Recovery Act, SGR, and poverty guidelines received from the House and at the desk; that the bill be read three times, passed, and the motion to reconsider be laid upon the table.
Mr. President, I yield to the Senator from Rhode Island for purposes of a question.
I say to the Senator from Rhode Island he is correct. In these extraordinary times when people have lost so many jobs, we set politics aside and we say we are going to help these people, whether it is victims of an economic disaster or a natural disaster. I cannot imagine if I were going home to Rhode Island, facing 12.9 percent. It is 11.1 in my home State of Illinois. You have a larger percentage of your population going through this. I am sure you have examples of friends, of folks who have already contacted your office who are at their wits end to figure out how to keep their families together.
I have seen it. I went to the unemployment offices in Chicago. I hope the Senator from Kentucky has visited with unemployed families in his State and understands how desperate they are. These are people who will do anything to get a job. They will do anything to get an interview.
They are trying desperately. Some of them are taking training courses, trying to figure out anything that might work to get a job.
They are really up against it when it comes to health insurance. It is one of the first casualties. This objection by the Senator from Kentucky will make it next to impossible for these families to have health insurance as a result of his objection.
I don't understand why we would do this. We are a caring people. On a bipartisan basis we step up as an American family when people are in need. I would not ask twice if someone came to me with a disaster in another State, because I know I have needed help in my own State. This is a real disaster. It is one that has affected virtually every State.
When you take a look at some of the provisions in this bill-- incidentally, beyond unemployment--some people, particularly those living in rural areas, are affected by this Satellite Home Viewer Act which will not be extended because of the Senator's objection. It is a minor inconvenience for some, maybe more of an inconvenience for others. But why would we do this? Why would we object to the extension of these basic provisions in the law for 30 days? That is all we are asking for. I would think that is very basic and something we should be doing.
I also think the idea of helping the doctors who are treating Medicare patients is not an unreasonable thing to do. These are people who are taking care of the elderly in America, our parents and grandparents. This so-called SGR, the sustainable growth rate, or doc fix, is also one of the provisions which the Senator from Kentucky is objecting to.
It doesn't make sense. We want to make sure patients across America receive the care they are entitled to, that Medicare patients can go visit their doctors and doctors can receive adequate compensation for doing that. I do not think that is an unreasonable thing for us to ask and I hope my colleagues who are on the floor here, if they have similar situations in their own State with unemployment, or if they are dealing with small businesses needing credit, would join me in this conversation on the floor about how unfair it is to be objecting to this extension of unemployment benefits.
I yield to the Senator from Missouri for purposes of a question.
I would say to the Senator from Missouri that for many people there is almost no place to turn. In my hometown of Springfield, IL, there is something called township assistance, when you have no place to turn. It is a fraction of the money you would receive for unemployment. It would barely provide money for food for these people.
That is correct.
Mr. President, on behalf of unemployed people in Kentucky and Rhode Island and Michigan and Illinois and Missouri, I ask unanimous consent the Senate proceed to the immediate consideration of H.R. 4691, a 30-day extension of provisions which expire on Sunday, February 28; unemployment insurance, COBRA, flood insurance, Satellite Home Viewer Act, highway funding, SBA business loans and small business loans and small business provisions of the American Recovery Act, SGR, and poverty guidelines received from the House and at the desk; that the bill be read three times, passed, and that the motion to reconsider be laid upon the table.
Regular order.
I wanted to give the Senator from Kentucky an opportunity to explain his position. I did not assert regular order until he had an opportunity to do so. But I would like to remind him, on November 4 of last year, he issued a press release entitled, ``Bunning Supports Extension of Benefits for Kentucky's Unemployed.'' The legislation includes Senator Bunning's net operating loss amendment. It passed by a vote of 98 to 0. And he said:
Kentucky has been hit hard by the current economic
downturn. This legislation will lend a helping hand to
working families across the Commonwealth who are in search of
a job.
It was not paid for either. The point is, we are in the same recession. It has gotten worse in some areas of the country, particularly in the Senator's area of the country.
As I reported earlier, unemployment figures are growing in Kentucky. The situation is just as dire and just as serious.
I share the Senator's concern about our deficit situation. But virtually every reputable economist you will talk to will tell you, in the midst of a recession you need to insert into the economy economic activity and spending, and the money that flows through the fastest is unemployed benefits to those out of work because they spend it instantly. It goes right back into the economy.
This idea of somehow we are going to hold back on unemployment benefits and balance the budget on the backs of unemployed people in Illinois and Kentucky, you could not pick a worse strategy or a worse time to do it. The stories coming out of Kentucky and the stories coming out from Illinois are as graphic as can be.
Samantha, who lives in Kentucky, writes: I am in desperate need of help. I have been unemployed since January 31, 2007, cannot find work anywhere. I was laid off after 10 years of employment. I was able to get 26 weeks of UI benefits. After these ran out, I thought I needed to take whatever job I could find. I took a job that I was told would be full time at minimum wage. I never got more than 20 hours a week. When I asked my employer, I was told I would get more hours. I was forced to quit due to not being able to afford childcare and transportation. I still cannot find work. I have been forced to sign up for government assistance. This is not enough to live on. I have three children.
Talk about 40 grandchildren. This lady has three children she is trying to support--``and we have already lost our home. Is there anything I can do to try and qualify for unemployment?''
I mean, for goodness' sakes, why would we want to make this deficit battle on the back of Samantha from Kentucky. Let's have this battle out on the budget resolution. Let's have it out on appropriations bills. But on unemployment benefits, for someone in this circumstance? That, to me, is pushing it too far. This is a national emergency. It should be treated as such.
I am supportive of the commission we voted for and only had 53 votes. But I believe it is a step in the right direction toward resolving our deficit difficulties. The majority leader has appointed me as a member of the Presidential Commission on the Deficit and Debt. It is not an easy assignment. I take it seriously. But I will tell you, if the belief is that we can somehow deny enough unemployment benefits to people to balance the budget, I do not want to see what America will look like. I cannot imagine what it will look like with Samantha and her three children if that becomes our national strategy.
I agree with the Senator from Michigan. I will tell you that because the Senator from Kentucky has noted our current national debt, $14 trillion, I think it is worth a moment to explain that debt and how we reached that astronomic figure.
When President George W. Bush became President of the United States, we had a national debt of $5 trillion, and we handed him a surplus--as President Clinton left office, he gave to President George W. Bush a surplus. At the end of the George W. Bush Presidency 8 years later, we were knocking on the door of $12 trillion in debt. We had more than doubled the national debt in 8 years.
How did that happen? Some of it came from circumstances beyond President Bush's control. 9/11 devastated the economy, and that devastation cost us dearly in terms of jobs and services and businesses and revenue lost.
But conscious decisions were made by the George W. Bush administration to enact tax cuts in the midst of a war. That has never happened before in the history of the United States. It is counterintuitive. In addition to your ordinary budget of your country, you have a war budget on top of it. When you desperately need revenue to pay for that war and the ordinary expenses of your government, this administration, the previous administration under George W. Bush said: Let's give tax cuts to the wealthiest people in the midst of those two wars. They were voted on by the other side of the aisle, who supported the idea, driving us deeper in debt as a nation. And, of course, we waged the wars under President Bush without paying for them. That, too, added to our national debt.
Another $400 billion was added to the debt with the Medicare prescription drug program, which was not paid for. So when this President came to office, he inherited not only a recession, but $12 trillion in national debt brought on by the previous administration. The recession has taken and added another $1 trillion to that debt in this last year, and we are trying to claw our way out of it.
Now, that is the reality and the history of how we reached this point of $14 trillion in debt. To suggest it is the Democratic side of the aisle that does not take the deficit seriously, I would say, we produced a surplus under President Clinton, a surplus that was handed to President George W. Bush and quickly mushroomed into the biggest debt in the history of the United States of America.
I would be happy to yield for a question.
In response to the Senator from Alabama, there is one element that he has forgotten to include; that is, the majority leader, Senator Reid, offered to the Senator from Kentucky a vote, an up-or- down vote, as to whether these unemployment benefits and COBRA benefits would be paid for out of stimulus funds. He rejected it. He said: I do not want to agree to that because I may lose the vote. And he may.
The Senator from Kentucky would not agree to a vote on that question. He said: I may lose it. Well, he may. He may win it. But the fact is, he would not agree to a vote. He said: You have to put in this unanimous consent request a provision that says this would be paid for.
Now, I would say to the Senator from Alabama, I understand that the remaining stimulus funds, most of which are already committed and obligated, will be spent this year on projects in Alabama, Illinois, and Kentucky to create jobs. So the money we take out of that stimulus fund now unspent is money that will not be spent to create jobs across America.
Now that, to me, would be a misfortune because we want to create jobs. I will concede to you this money for unemployment will add to the deficit, as previous emergency spending for unemployment has as well. What we are asking for tonight has been the ordinary care of business, which the Senator from Kentucky has supported as recently as November.
I yield only for the purposes of a question.
I am hearing from my constituents that they want jobs. They are out of work. Many of them are unemployed. And I would say to the Senator from Alabama, we may have 59 votes, but you know as well as I do that 60 votes is the coin of the realm in this body.
You also know that with very little parliamentary effort, you can drag out this whole question through motions to proceed and cloture and filibusters. It can go on literally for days if not weeks.
I ask the Senator from Alabama, why would we do that in a situation where these people desperately need help for unemployment assistance and for health insurance? Why do we want to heap this misery on them?
We said to the Senator from Kentucky: You can have a vote. You may win. You may lose. You will have your day on the floor of the Senate. He said: No. Unless you accept my way, go to the highway. Did I hear that earlier? As far as I am concerned, that is not a reasonable approach.
I have called up amendments on the floor and lost them. But the point is, you make your best case, and the Senate decides whether to support your position.
I yield for a question.
I will verify that. I was given information it was not. If I am incorrect, I will state so. But we have extended unemployment benefits repeatedly and not paid for them.
I will check on that. If the Senator is correct, I will make that point in the record.
I would like to notify the Senator from Kentucky about Joetta from Ferguson, who wrote:
I have been laid off since October 31, 2008. When I was
laid off, I lost my health insurance coverage. The COBRA plan
offered cost so much, I could not keep the insurance. I
was told if business picks up in the spring, I could get
called back to work. However, since I was laid off from the
concrete company, there have been two other office personnel
laid off this past January, so I doubt I will be called back
to work. I am 58 years old. I have a high school education. I
am finding it extremely difficult to find a job, even though
I apply for work and am registered with the local
unemployment office. I am not one to seek after handouts.
However, I have worked all my adult life and have paid taxes
as most everyone else has. And I do not expect favors from
anyone. I am completely down and out and can hardly pay
bills, buy food, et cetera, let alone medical expenses. My
husband has insurance through his employment but the cost to
add me onto his plan is so high, we simply cannot afford it.
Also, he makes $10 per hour, so it isn't as if we have an
abundance of money to live on. And I am a very economic
person.
It is hard to imagine why we would say no to unemployment benefits for Joetta from Ferguson under the circumstances. If we want to fight this budget and deficit battle, why would we hurt her in the crossfire of the conversation? Why wouldn't we extend these unemployment benefits for her and thousands like her in Illinois and Kentucky and other States?
I am happy to yield to the Senator from Oregon.
If you are talking about the tax cuts under President George W. Bush, no.
No, it did not happen. I don't think it has ever happened. It is an indication that when it comes to giving relief to those who are in a pretty luxurious state, we don't pay for it.
No. As a matter of fact, there are some who are trying to extend estate tax benefits to even the wealthiest of the wealthy and to give them additional assistance and argue that tax cuts should not be paid for.
I agree with the Senator. It is a double standard, and it is one that benefits those who are wealthy as opposed to those who are out of work.
That is exactly what has happened with this objection, this objection to extend unemployment benefits for 30 days. That is all we are asking for, 30 days.
I would say to the Senator from Oregon, that is exactly what has happened. When it came to the tax cuts, they weren't paid for. They went primarily to the wealthiest people in America. Now unemployment benefits not paid for are objected to.
I would say to the Senator from Oregon, here is a comment from Sharon, who is also from Kentucky. She writes:
I have worked since the age of 15. I hold two MA degrees
and have worked a full and part-time job for 15 years. I
entered the private sector until my position was eliminated
approximately 14 months ago. Gas prices almost prevented my
seeking employment very far from home. At 55 years of age, I
never thought I would be without health care. I never
considered that I would have difficulty finding a job. By the
way, my spouse was also employed by a company which was
downsized and sold twice within 1 year. He is also
unemployed. We live in Kentucky which is a more rural part of
America. Our state and county typically have a high
unemployment rate as well. Extension of unemployment
insurance would be a lifeline.
That lifeline has been cut off by the objection of the Senator from Kentucky.
I yield to the Senator from Vermont for purposes of a question.
I would agree with the Senator from Vermont. You have to go back 70 or 80 years to the Great Depression to see this long a period of unemployment.
I would say to the Senator from Vermont, I do not recall, but I think he might recall. Does he?
I would say in response, I do not understand it. It is hard for me to follow the logic that we need to reward those who are the most comfortable in America and punish those who are suffering. That is what this objection does. By denying unemployment benefits and COBRA benefits to those out of work, it literally makes their lives more difficult. Yet many of the same people have argued that these tax breaks for the wealthy should be considered as part of our future, even if they are not paid for. I don't follow the logic behind that position in any way whatsoever.
I yield to the Senator from Pennsylvania for a question.
I say to the Senator from Pennsylvania, in response to the question, through the Chair, that I have been to these unemployment centers in Chicago and downstate, and I am always heartened by the fact that these people are just not going to give up. They really keep trying. But you can tell that many of them are beaten down. Some of them tell me about how many times they now apply on the Internet for any job openings and they do not even get a response. They consider it a victory just to get an interview or a response, and they just keep trying every single day. Meanwhile, they are trying to keep their families together, and the only lifeline they have is unemployment insurance checks. It is not a lot of money: $1,100 a month. Imagine trying to live on it. It is a very meager amount of money, particularly for someone who is used to a larger paycheck and more comfort in life. Why would we cut off the $1,100 a month to these people at this moment in time when the economy is so weak? I do not understand why we would object to providing unemployment benefits to these people, whether they are in Pennsylvania or Kentucky or Illinois. In my way of thinking, many of these folks are in this situation through no fault of their own, and they are trying their best to turn their lives around and it is not an easy circumstance for any of them.
I say to the Senator from Pennsylvania, I am aware of that economist, and I am aware the CBO recently reported that the one thing we can do to generate more economic activity in our economy that is better than anything else is unemployment assistance. It is No. 1 on their list. They talked about tax credits for new jobs in small businesses, but No. 1 was unemployment assistance. So as we cut back on unemployment assistance, the economy starts to go into a stall. We are not putting the money back into the economy; we are pulling it out at a time when the Federal Reserve is trying to keep interest rates low to generate more economic activity and move us forward to better employment. We are pushing against it. We are taking unemployment assistance out because of the objection of the Senator from Kentucky-- one Senator who has objected. So from the economist viewpoint, we are doing exactly the opposite of what we should be doing to get this economy moving again.
I thank the Senator from Pennsylvania.
I yield to the Senator from Alaska for a question.
Currently, on a national basis?
I believe it is now just slightly below 10 percent on a national basis. In my State, it is still over 11 percent.
Yes.
I say to the Senator from Alaska that Rockford in the northern end of my State was as high as 15 percent. You know, it does not tell the whole story because, as they say, some people get discouraged when they are out of work and they do not get counted on these rolls anymore. So the actual unemployment rate is much higher. These people will not be affected by our action tonight because they are not in the program, they are not receiving unemployment assistance. But the actual misery index of people unemployed over a long period of time is even higher.
They have lost faith and they have stopped trying.
I would say to the Senator from Alaska, when I look at the State of Kentucky, here is Allen County with 13.9 percent unemployment; Bath County, 15.7 percent unemployment; Carroll County, 13.8 percent; Clay County, 13.3 percent unemployment; Cumberland County, 13.4 percent; Edmonson County, 14.3 percent; Elliott County, 13.0 percent; Estill County, 12.7 percent; Fleming County, 12.4 percent; Floyd County, 12.3 percent; Fulton County, 14 percent; Gallatin County, 13 percent; Garrard County, 12 percent; Grant County, 11.2 percent; Graves County, 10.6 percent; Grayson County, 16 percent--one of the highest; Green County, 12 percent; Hardin County, 10.1 percent; Harlan County, 12.5 percent; Jackson County--this is even higher--17.8 percent.
On this page, as I look through here, the highest in Kentucky appears to be--I may mispronounce this--Magoffin County, 21.4 percent unemployment in that one county; Marion County, 11.8 percent. The list goes on and on. McCreary County, 14.1 percent; Meade County, 14.3 percent; Menifee County, 17.5 percent; Metcalfe County, 14.4 percent; Morgan County, 15.1 percent; Powell County, 16.9 percent; Trigg County, 16.5 percent; Wolfe County, 15.6 percent.
The Senator from Alaska is right. The average does not tell the story. There will be pockets in Kentucky and Illinois and Alaska with much higher unemployment. So when we cut off the benefits because of the objection from the Senator from Kentucky, as of Sunday night some of these counties will be hit harder than others. There is no question about that.
It is exactly what I have run into. Here is a letter from a man from Yorkville, IL, who wrote me:
On bailout after bailout for businesses, my tax dollars
have been used to save companies that should have planned
better in the first place. Now I am unemployed--not because I
made some poor decisions like AIG or Citigroup, but because
in today's economy, the company I worked for folded. . . .
If the Senate cannot reach an agreement . . . to extend
unemployment, myself, my wife, and our two young children
will have nowhere to live other than our car. How about a
bailout for those of us Americans that have worked all our
lives and now cannot get a decent job?
I am begging you to stand up in front of the Senate . . .
and demand that congress work harder for those of us who put
all of you in office. The next time you need our votes,
hopefully the 10% of unemployed Americans will not have had
their cars repossessed so that we may make it to our local
polling places.
Well, he kept a sense of humor in his misfortune. But this is an example of a man who thought he had a good job and a good future who now is contemplating living in his car. And now we are saying, because of the objection of one Senator, that we are not going to provide unemployment benefits to thousands of people in similar situations as of Sunday night. Why we are doing this to these poor people at this moment in time is impossible to explain.
I yield to the Senator from Rhode Island for a question.
The Senator from Rhode Island is correct. The Senator from Kentucky has talked about the Nation's deficit and debt, and he should realize that when President Clinton left office in January of 2001, the national budget was in better shape than it had been in a generation.
In fiscal year 2000, the final year in which President Clinton had full responsibility for the national budget, our Nation's budget surplus was $236 billion--budget surplus. That year, the debt held by the public declined for the third consecutive year. As President Clinton left office, budget surpluses were projected to continue throughout the next 10 years. CBO, in its January 2001 budget outlook, projected surpluses of $5 trillion for 2001 through 2010, including nearly $800 billion in 2010 alone. Those surpluses were so large, as the Senator from Rhode Island indicated, that the Congressional Budget Office told us the debt held by the public would be entirely paid off by 2006.
Fast forward 8 years, at the end of George W. Bush's Presidency, that administration, and the national debt had climbed from $5 trillion that he inherited to more than double that amount.
The Senator from Rhode Island is correct.
I don't know how the Senator from Kentucky voted when it came to the tax cuts for the wealthy. I don't know, so I can't presume to state it on the floor. I don't know if he voted for the annual budgets to prolong the wars in Iraq and Afghanistan without paying for them. I don't know how he voted on the Medicare prescription drug benefit that was not paid for, at least the $400 billion cost. I will acknowledge he was correct that the unemployment I referred to in November was paid for. I want that clear on the Record and I stand corrected and acknowledge it to the Senator from Kentucky. But I would say that his-- --
I will yield after one more question from the Senator from Rhode Island. But I would say, when it came to his party position, tonight we hear this idea of fiscal conservatism, strict spending, punish those who are unemployed, take money away from those who have been out of work in order to bring down this budget deficit. But for 8 years, under President George W. Bush, we certainly didn't hear this sentiment expressed when it came to people who were so well off across our country.
I yield to the Senator from Rhode Island for a question.
I would say in response to the Senator, for those who have not been following the debate from the beginning, tonight we are speaking to the fact that the Senator from Kentucky, Mr. Bunning, is objecting to extending unemployment benefits for 30 days in the United States to those who are out of work and extending COBRA benefits which help to pay for health insurance for 30 days, in addition to several other items, and has stated his reason is because of his concern about the budget deficit.
I don't know how the Senator from Kentucky voted on this commission, but I do remember it well because Senator Kent Conrad, the chairman of the Senate Budget Committee, came to me and said he had worked out an agreement with Senator Judd Gregg, a Republican, that they would try to create a commission which would take a look at our national deficit and make recommendations to Congress which we would then have to vote on. It was controversial, that is for sure.
When it was called for a vote, it ended up with, I believe, 53 votes and fell short of passage because 7 Republican Senators who had cosponsored the measure initially voted against it, cosponsors who voted against it, and it included the Republican minority leader. Their determination to deal with the deficit and the debt withered away and disappeared when they had a chance to vote for it on the floor. I don't know how the Senator from Kentucky voted.
So here is a chance for the Republicans to join the Democrats to deal with the deficit and debt, and they walked away. Seven of them turned their back on a bill they had cosponsored and walked away from it.
I would say to the Senator from Rhode Island, there is no explanation because it doesn't make sense. You certainly couldn't explain to this woman who has worked so hard throughout her entire life and now faces this misfortune that we are heaping additional misfortune on her because of this objection to extending unemployment benefits. In the State of Rhode Island--I know it is small in comparison to so many others--the Senator from Rhode Island is likely to meet some of these 309 people or hear from them when their unemployment benefits are cut off. I am sure my office will hear too. I will not know how to explain to them that the Senator from Kentucky has objected to a 30-day extension of unemployment benefits. If we are going to fight this war on the deficit and debt, why fight it on the backs of unemployed people such as the one we have just heard described in the State of Rhode Island?
I would be happy to yield for a question from the Senator.
I would be happy to. The Senator from Kentucky has not stated it 100 percent accurately.
Because in the original proposal from the Finance Committee, the unemployment benefits were extended for 3 months, as I understand it. The tax extenders----
Let me explain. There was a source of revenue for the bill, but it wasn't enough to pay for the entire bill. The source of revenue was enough for those who wanted to say: Well, this will pay for unemployment, to point to it; and those who wanted to say: No, it pays for another part of the bill. So it did not pay for the entire bill.
I yielded for a question and I answered the question, but I will yield for another question.
No, I don't know that to be false.
I would say to the Senator from Kentucky I was serving in the Senate.
I will tell my colleague what has been said on the floor and which I stand behind; that is, the fact that when President William Clinton left office, he left a budget in balance and in surplus.
I yield for a further question.
If that is a question--
If that was a question, it is clear that there was bipartisanship, and we can use a little bit more of that around here.
No, I am not. I yield further for a question.
In response to the Senator from Kentucky, this is a great debate. I think we ought to continue it. But can we remove from the audience the millions of Americans who will not have unemployment checks as of Sunday night because of the Senator's interest in this issue? When you think about this, we ought to be engaged in this, and you and I ought to stay up late to talk it over and talk about what we should do. But why are we leaving these unemployed people in Kentucky and in Illinois in the middle of this debate? These people have nothing to do with what happened with John Kasich, of Columbus, OH, or what happened with President William Jefferson Clinton. They are trying to provide food for their families in the morning. Instead, we have dragged them into the middle of this deficit and debt debate.
For those who have just tuned into this conversation, the Senator from Kentucky has objected to extending unemployment benefits for 30 days, and COBRA benefits, which pay for health insurance for the unemployed for 30 days.
Because of his objection--he is the only Senator to object--I will find 15,000 people in my State of Illinois, as of Sunday night, losing their unemployment benefits. If you wonder why I am still on the floor at 10:20 p.m. in Washington, on Thursday night, after a pretty long day, it is because I thought to myself: How in the world can I walk away from this Chamber, go home and relax, realizing that 15,000 people, come Sunday night, in Illinois are going to get cut off from unemployment benefits?
I do not.
No, I do not.
The Senator is correct. It was their belief that they would make a lot of money.
Those of us who supported some kind of competitive bidding and government buying in bulk to reduce costs were defeated because pharma objected.
This cost over $400 billion, and many Republican Senators, including the Senator who has objected to unemployment benefits for millions of people in America who are out of work, voted for this program that was unpaid for. Now they tell us we cannot extend unemployment benefits to people in Kentucky and Illinois and Missouri because we have not paid for them. Clearly, it is a double standard.
I might add that when it came to the estate tax, aka the ``death tax,'' according to some, on June 7, 2006, the Senator from Kentucky took the floor and said:
Mr. President, I rise today in strong favor of abolishing
one of the most unjustified taxes we have in America today,
the death tax. Americans should not have to talk to their
undertaker and their tax man on the same day. Small
businesses and family farms should not be forced to close
down in order to pay the government money because a loved one
has passed away.
Then when the Death Tax Repeal Permanency Act was called for a vote, the Senator from Kentucky voted to repeal this tax, costing the government $300 billion; that is over $300 billion added to our national debt. This tax affects less than one-half of 1 percent of all the people in America, the wealthiest people in our country. To provide $300 billion in tax relief to them--the Senator from Kentucky said we can add that to the deficit and that is OK. But when it comes to providing a $1,100 monthly unemployment check to someone in Illinois who is struggling to find a job, he says no, that adds to the deficit. So for the wealthiest in America on the estate tax, there is no accountability, no reckoning, but for the poorest in America, the most struggling families in America, we are going to hold them to the hardest economic standard. To me, that is at least inconsistent, if not inexplicable.
I have yielded to the Senator from Missouri for a question.
I would have to check my notes.
I believe the Senator from Missouri is correct. It is interesting that those who are critical of the stimulus, the Recovery and Reinvestment Act, on the Republican side virtually never acknowledge the fact that one-third of that whole package is tax cuts, which is the Holy Grail on the Republican side of the aisle--tax cuts for working families.