Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, we have 50 workdays in the Senate before the end of this fiscal year--50 days. That does not include the 5 weeks we will be gone during…
Mr. President, I ask unanimous consent that the order for the quorum call be rescinded.
Mr. President, we have 50 workdays in the Senate before the end of this fiscal year--50 days. That does not include the 5 weeks we will be gone during the August State work weeks. I rise tonight to talk about what happens September 30. September is the end of the fiscal year. That means we have to have the Federal Government funded for fiscal year 2018, which starts October 1 of this year.
Like most years--as a matter of fact, like every year since 1980--the Federal Government will probably not be funded by the end of this fiscal year in the manner it was supposed to be, according to the law that was done in 1974, the Budget Act of 1974. In the last 43 years, the Federal Government has only been funded four times, according to that bill. We have used 178 continuing resolutions, and therefore ongoing omnibuses and so forth, where six people get in a room, basically decide how we are going to spend $1 trillion.
This is the only enterprise I can find anywhere in the world that funds its operations this way. The problem is, we have a system that is absolutely totally broken. It is a fraud that is being perpetrated on the American people. We have been asked, between now and September 30-- this is the way the budget process works. By the way, we should have started this back in January, but we couldn't do it because we were working on the fiscal year 2017 budget to do reconciliation so we could work on healthcare.
Now we are going to, when that gets done, do a budget for 2018. We will do a reconciliation and hopefully do a tax package behind that, but wrapped up in all of that, here comes September 30 and 50 workdays from today to fund the Federal Government. Between now and then, in 50 days, we are asked to do a budget for fiscal year 2018, to do full authorizations for 16 different entities, committees, and then do appropriations for 12 committees.
By the way, over the last 43 years, you have to fund 12 appropriations bills to fund the Federal Government. It was 13 appropriations bills up until around 2000. Since then, it has been 12, but of those 12, the average number of appropriations bills this body has appropriated each year is 2\1/2\.
Now, by any measure, that is unacceptable, but we are now asked, between now and September 30, in a very truncated manner, to do the budget, do all 16 authorizations and all 12 appropriations. Now, I am not a betting man, but I will go to Vegas and short that idea right now. There is no way we are going to fund this government according to that policy--no way. It will not happen. It can't happen. It has not happened in 43 years that way except four times.
Every single year this process breaks down. Like I said, we have used 178 continuing resolutions. What does a CR do? It ties the hands of our military leaders, where they can't move money from one bucket to the other to help accommodate it. So what we have right now is a process that just has not worked. Yet, because of that, the Federal Government has exploded in size.
In 2000, the Federal Government spent $2.4 trillion running the Federal Government. Last year, we spent $3.9 trillion. Those are constant 2016 dollars. Over the next 10 years, we are going to spend $53 trillion running the Federal Government. We are going to borrow a significant part of that--another $10 trillion.
The irony is, the debate we are having between now and September 30 is to fund the government, not on the full $4 trillion we are going to spend next year running the Federal Government, we are going to have this debate on only about $1.1 trillion, the discretionary side of the budget.
If you do the math, in the last 8 years and, oh, by the way, in the next 10 years, according to the current CBO baseline budget, we borrow over 30 percent of what we spend as a Federal Government. Well, discretionary spending over the next 10 years is going to be less than that. So what that means is, over the last 8 years and over the next 10 years, every dime we have spent on discretionary spending has, by definition, been borrowed.
There is no other way to look at it. That means that every dime we have spent for our military, which is about $600 billion today, every dime we spend on our VA, which is a little less than $200 billion, and every dime we spend on all other domestic expenditures, including healthcare, by the way, comes to $1.1 trillion. Every dime of that today is borrowed money. That means we have to go to China and the rest of the world to fund all of our discretionary spending.
Now, by anybody's estimate--conservative, liberal, whatever--that is not acceptable. Here is why it is not acceptable: It cannot be sustained over a long period of time. Yet we are sitting here with a budget today that goes for the next 10 years that says we are going to continue operating business as usual and add another $10 trillion to this already burdensome debt of $20 trillion.
The debt crisis and the budget problem are interlinked. There is no way that we can solve the debt crisis unless and until we solve the budget process. The difficulty comes in trying to align the prospects within the process itself of getting to a determination.
Right now, the budget process doesn't work for this very reason: The budget itself is not a law. It is a resolution, which means the majority party can cram down the throat of the minority its version of a political budget. That is all it is.
Then you go to an authorization process, and, in the authorization process today, we have over $310 billion of Federal expenditures that are not authorized, including the State Department. Last year, we didn't even do an authorization for our military. Even then, after passing the appropriations bill in the Armed Services Committee 30 to 0, we could not get that bill on the floor of the Senate. We tried six times. So it was not authorized or appropriated last year, but it got wrapped up in an omnibus, and that same thing will more than likely happen this year.
This can be fixed. It is not that difficult. Several of us have been working behind the scenes, looking at other best practices around the world--other countries, companies, and even States. We have looked at best practices. What we found was that nobody else tries to fund their government or their enterprise the way we try to fund the Federal Government. This goes back to article I and article II of our Constitution.
Article I says that funding the Federal Government is the responsibility of Congress. Yet we have absconded with that. The 1921 act that created the Office of Management and Budget went well beyond what I think is called for in the original Constitution. So what we are looking at today is a legislative underreach and an executive overreach relative to funding government, out of necessity because of the dysfunction right here in the Senate relative to how we fund our government. There is no question that we will not fund this government without a continuing resolution and/or an omnibus come September 30.
The fix is not that unreasonable. All we need is a politically neutral platform that brings all expenses into the budget process--all $4 trillion today. That would include discretionary and mandatory and that the budget become a law, which means that we have to get bipartisan support for the budget.
Then, lastly, if we don't get the budget done by a certain date and we don't fund the government by the end of the fiscal year, then, severe consequences are borne by the people who have the responsibility to fund the government, and that is the Senate, the House of Representatives, and the people in the administration who are responsible for their part of it.
It is not that complicated. Many other countries do it. Most other countries do it. In fact, in some countries, if
they don't fund the government by the end of their fiscal year, their constitutions actually say that the government gets disbanded and they have an election. Well, that is not what I am calling for here. I don't think we have to do anything that severe.
There are colleagues of mine right here in this body, on both sides, who have contributed--Senators Whitehouse, Enzi, Corker, Lankford, Tillis, Ernst, Rounds, Sullivan, Daines, and others--and who are weighing in on this. Governors, who have executive experience running large financial enterprises at the State level, have come into this body and bring enormous wealth of experience about how to get this done.
My argument is that right now, during this period of dysfunctionality when we see firsthand the reality of not being able to take care of domestic needs, military needs, or any other discretionary enterprises that we want to fund because of our own budgeting intransigence, I can find no other time better than what we have right now to raise the question on both sides of the aisle. This is not a partisan conversation. Both sides are guilty, but let's come up with a politically neutral platform that would allow both sides, during the budget process, to talk about tax increases, tax expenditures, spending cuts, all the spending that we have, and all the responsibility we have in the Federal Government or in the Congress of funding the Federal Government. Why not?
We have one suggestion that says: Pick a time in the future. Decide what percentage of your GDP should be covered by debt--no more than that--and have a limit on that, and then pick a roadmap back from that point in time to today with guardrails around that. That suggestion comes from the other side of the aisle, and I applaud that suggestion and I think it is very workable. I think we can find ways to make all of this work. This should not be a partisan conversation.
I sit on the Armed Services Committee, and I sat on Foreign Relations the last 2 years. Both of those committees are really very strong bipartisan efforts by every Member.
That is what is needed here, and yet the Budget Committee, ironically, is one of the most partisan committees. The reason it is so is because of the law itself, because the budget is not a law. It is a resolution. My contention is that this is the root of this problem. It is one of the causative factors that cause this debt to be uncontrollable and to cause a dysfunction in this body from even being able to attempt to bring that under control.
The solution is not just taxing more. It is not just spending more. It is not just growing more. The problem is much bigger than that. The debt problem will never be solved unless and until we solve this budgeting process.
As we close in on the next 50 days, as we check off every single day, I want my colleagues in here to be reminded of what we are going to have to do to fund the government come October 1. Please, let's not get right up to September 30 with a gun to our head that says: Either do it this way, spend this money this way, or do not fund the government tomorrow. That is total irresponsibility, just like I believe this budget process is a fraud perpetrated by Washington on the people of America and it is not honest relative to what we have to face up to in terms of our responsibilities.
We cannot afford to do all that we are doing. That is just pure fact. The world is no longer going to be able to loan us the money that we need over the next 10 years--another $10 trillion. There is some $200 trillion of total debt in the world. Only $60 trillion of the $200 trillion is sovereign debt, and we have one-third of that sovereign debt today. Now, most other countries have curtailed their borrowing. We are one of the few that continue to just race along this path of borrowing money at this breakneck pace and adding another $10 trillion. We could, potentially, have over half of the world's sovereign debt in the next 10 years. That cannot happen. The world bond risk and the bond markets will not, potentially, allow that to happen.
So today is the day. As we go through the next 50 days, I believe we need to look for opportunities on both sides of the aisle to find a bipartisan way to stop this nonsense and to get to where we can fund the government in a responsible way each year, not just 1 year, and to get away from the past 43 years of total failure in terms of funding the Federal Government, such that when we get to September 30 of each year, we have already approved the budget and we have the appropriations lined up and funded for the needs that we have all agreed here in Congress need to be met.
I can think of no other call on this body higher than this right now because it puts us at risk of doing the very things that we need to do; that is, to take care of our domestic needs, to take care of the people who need the safety net, to take care of these legacy programs of Social Security and Medicare, and yet defend our country. Because of this debt, we are limiting the opportunities that we have, and we will not solve that until we address this budget process.
I yield the floor.