Mr. President, I will read a statement that was issued by Speaker Boehner and myself a few minutes ago. This is the statement: We have agreed to an historic amount of cuts for the remainder of this fiscal year, as well as a short-term…
Mr. President, I will read a statement that was issued by Speaker Boehner and myself a few minutes ago. This is the statement:
We have agreed to an historic amount of cuts for the
remainder of this fiscal year, as well as a short-term bridge
that will give us time to avoid a shutdown while we get that
agreement through both houses and to the President. We will
cut $78.5 billion below the President's 2011 budget proposal,
and we have reached an agreement on the policy riders. In the
meantime, we will pass a short-term resolution to keep the
government running through Thursday. That short-term bridge
will cut the first $2 billion of the total savings.
I, first of all, express my appreciation to the Speaker and his office. It has been a grueling process. We did not do it at this late hour for drama. We did it because it has been very hard to arrive at this point.
I also express my appreciation to my counterpart, Senator McConnell. We have talked during this process on a number of occasions. We have, as we say here, on many occasions it has turned out to be we have a terrific relationship. We do our best to protect each caucus. We have our battles here. But he is a pleasure to work with. I admire and appreciate his work for the people of Kentucky and the country.
This has been a long process. It has not been an easy process. Both sides have had to make tough choices, but tough choices are what this job is all
about. I think it is important to note, as we said in this statement, that this is historic, what we have done--$78.5 billion below the 2011 budget we have been working off of. We worked on many riders. What we have done has been difficult but important for the country. We all agree there are many cuts that have to take place in the future. We understand that. We must get this country's fiscal house in order. But if the American people have to make tough choices--and they are doing it every day--so should their leaders. That is our responsibility--all 100 of us and 435 Members of the House.
The Speaker and I reached an agreement that I have read that will cut spending and keep the country running. We have agreed to a historic level of cuts for the remainder of this fiscal year, as well as a short-term bridge that will give us time to avoid a shutdown while we get this agreement through both Houses and to the President.
I repeat, we will cut $78.5 billion, and we have reached an agreement--I repeat for the second time--on the policy riders. I do that because that has not been easy. In the meantime, we will pass a short-term resolution to keep the government running through this coming Friday. That short-term bridge will cut the first $2 billion of the total savings we have already talked to, the $78.5 billion.
Mr. President, with the permission of the Republican leader, I ask unanimous consent that the Senate proceed to the immediate consideration of Calendar No. 28, H.R. 1363; that a Reid-McConnell substitute amendment, a 7-day continuing resolution, which is at the desk, be agreed to, the bill, as amended, be read a third time and the Senate proceed to vote on passage of the bill, as amended; that the motions to reconsider be considered made and laid upon the table, with all the above occurring with no intervening action or debate.
The Republican leader is right. We have a lot of work to do.
The one thing I want to mention is how much I appreciate the support of the American people. Of course, they knew we needed to get this done, but also the business community of our country.
I had a conversation earlier today with Tom Donohue, the President of the Chamber of Commerce. It was so important to his organization that we complete this. The Business Roundtable and organizations all over America understand how important this is.
I want to mention one more person--I know the night is late--who is always an unsung hero, but really a hero among heroes, and that is the chairman of the Appropriations Committee, Dan Inouye, who is here behind me tonight. He has been, with his tireless staff, working so hard. I applaud his person, Charlie Houy, who has a fantastic knowledge of what goes on in this country as it relates to money. He came to the Senate in 1983. He has been here all these years working in the Appropriations Committee.
I am not going to go through all the staff, but it is important to mention my chief of staff, David Krone, who has worked so very hard. I want to mention one other American. I never met him until we started this--and what we have been through--and I hope I don't get him in trouble--and that is John Boehner's chief of staff, Barry Jackson. He is a real professional. It has been very difficult to work through all this stuff, but I admire his professionalism. Of course, the White House staff has been indispensable.
Mr. President, I would hope we could have the consent agreement approved at this time.