Comprehensive Veterans Health And Benefits And Military Retirement Pay Restoration Act Of 2014--Motion To Proceed
Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, we have a lot of challenges before this Nation and this Congress. I believe the most critical challenge is how we handle financial…
Mr. President, I ask unanimous consent that the order for the quorum call be rescinded.
Mr. President, we have a lot of challenges before this Nation and this Congress. I believe the most critical challenge is how we handle financial matters that have been entrusted to us, how we handle the budget and spend the debt we are approving in America, and are we able--do we have the will, do we have the integrity--to stand up and put this Nation on a sound fiscal path.
I would note to all my colleagues that the week before last before the Budget Committee, our own Congressional Budget Office Director Mr. Doug Elmendorf repeated once again--which is absolutely accepted by virtually every economist in America--this country remains on an unsustainable debt course. This is an unsustainable path we are on. He indicated and said flatly we could, indeed, face a fiscal crisis, something like 2007, perhaps, something like Greece, because our debt is so large and growing at such a pace. We have never been here before. We are in the red zone on the tachometer. We are in the danger area, and we need to get out of it.
So I would say to my colleagues, isn't this true? Does anybody doubt it? Does anybody deny it? Then why don't we respond in an appropriate way?
I was shocked, deeply disappointed, amazed, and saddened that this headline appeared earlier in the week in the Washington Post. This is what it said: ``With 2015 budget request, Obama will call for an end to era of austerity.''
What does this mean? Every Member of this Congress knows what it means. It means the President of the United States is no longer interested in fiscal responsibility. He is saying: We no longer need to tighten our belt. He is saying he is going to attack anybody who suggests more spending is bad. He is going to say that he is going into this election with the idea that he is going to promise, promise, promise more and more spending, more debt, and he is not concerned about it. That is what it means. I am not exaggerating. I think every Member of this body knows exactly what that signal was.
So we will see the budget. It will be out next Tuesday, and we will have a hearing in the Budget Committee, of which I am the ranking Republican, on Wednesday. But I suspect and am confident it will do just like his last two budgets. It would increase spending $1 trillion above the amount of spending we agreed to in 2011 and reaffirmed essentially with the Ryan-Murray bill that he signed about 2 months ago into law.
We cannot do this. This is how we destroy a country, how we weaken an economy. I cannot--I do not have words to express it.
I will say one more point. Economists are telling us that our economic growth today is below what it otherwise would be because of the size of the debt this country faces right now--not in the future, right now. It is a wet blanket on economic growth. The Rogoff-Reinhart study talks about the slower growth, and we have consistently seen projections for growth not being met.
Director Elmendorf, in his testimony--I asked him about it 2 years ago. He predicted 2013 would allow us to see 4.6-percent economic growth. It came in at 1.9 percent--a stunning miss, well below. Below 2-percent growth means you are not creating jobs, you are not creating wealth, you are basically stagnant with an increasing population.
We need to be at 4.6 percent. We need some of that kind of growth. One reason we are not is bigger government, more taxes, more regulations, and more debt.
We are not going to get out of it until we get off that path.
So now we have a veterans bill before us. Nobody, I do not believe, is more committed to veterans in this body than I have been, and so many of my colleagues on both sides of the aisle want to do the right thing for veterans. But it is an audacious thing we are seeing here today.
Let's review some of the history.
Two months ago, every Senate Democrat--every Senate Democrat--voted for a bill to cut military pensions for our soldiers, our military retirees, and even our disabled veterans. It was in their bill.
Senate Democrats then blocked--not once but twice--my efforts, other Republican efforts to restore those cuts by closing a tax credit loophole for illegal immigrants.
Mr. President, I see my colleague and friend, Senator Sanders, in the Chamber. I am going to get to the point. I will do it now because I know he has a busy agenda, and I think I know how the script will all play out.
I say to Senator Sanders and colleagues, the pending measure before us today, S. 1982, the Comprehensive Veterans Health and Benefits and Military Retirement Pay Restoration Act of 2014--which is a good title for a bill--would cause the aggregate level of budget authority and outlays for fiscal year 2014, deemed pursuant to section 111 of Public Law 113-67, to be exceeded. Therefore, I raise a point of order under section 311(a)(2) of the Congressional Budget Act of 1974.
Well, Mr. President, reclaiming the floor, now you have it in stark clarity. This bill proposes to spend more than we agreed to spend passing the Ryan-Murray Act a few weeks ago. President Obama signed it 2 months ago. The ink is hardly dry on it, and here we have another bill to raise that, to raise the spending again. And it will not be the only one. We are going to see bill after bill after bill, and it is part of the President's strategy.
What is it? The era of austerity is over. He signed Ryan-Murray. He signed the Budget Control Act. But he had no intention of complying with it. He will not support enforcement of it. That is a failure of leadership of a monumental proportion. It is a stunning event.
I do not know why we have a Congress, why we pass laws that say we are only going to spend so much money and then we waltz in, just a few weeks later, and spend billions more than we agreed to. And, oh, we will just waive the budget we just passed. Oh, this is important. But everybody knew when we passed the limits on spending that there were going to be important bills.
I am actually shocked, even by Senate and congressional standards, how blase this body has been about these laws. I thought at least people would pretend to honor them. There is no pretense here. And it is a failure of responsibility in this body if such spending were to pass.
So our colleagues voted to cut the retirement pay of veterans, which I opposed and Republicans opposed. That was already in law--a commitment we made to military people that if they served 20 years, they get this retirement benefit.
They waltzed in to save $6 billion, supposedly, and they were going to reduce their pension benefits. I did not feel, No. 1, it was necessary. There were other ways to save money. And I felt we had ways to save the money in a different way and offered legislation to that effect. So the attempts to fix it were blocked twice.
What was in the Ryan-Murray bill was fiscally responsible--bad policy but responsible fiscally. This bill is not. This bill increases, creates new veterans programs, new spending for veterans, and it is not paid for in any way. It is all borrowed money. We are already in debt, so when we enter and commit ourselves to additional obligations above what we have agreed to, every penny of that is borrowed, every penny of that will add to the debt of our country.
This bill busts the caps we agreed to. These are caps we all voted for--or at least our colleagues did, the Democratic colleagues, because I did not vote for the Ryan-Murray bill. I thought it eroded the Budget Control Act more than I wanted it to and it raised the caps. But it kept them in place. It eased pressure in several areas where the shoe was pinching badly. It eased that pressure. But that is not enough now? We have to have more?
It is using the veterans as a political tool, in my view. I do not think our veterans want their programs to be enhanced if every penny of money that is going to enhance those programs is added to the debt of the United States of America.
This is eight times at least since the Budget Control Act was passed that we have seen efforts to bust it. So our military men and women who worked tirelessly, selflessly, for the good of this country, have always put duty first. Shouldn't we put duty first?
This massive Federal budget of ours is filled with waste, filled with projects that cannot be defended intellectually. It was our duty to get rid of wasteful pet projects and do the right thing for our veterans.
I say to my colleagues, for example, you could have closed the tax credit loophole for illegal immigrants that is costing America billions of dollars. The cut to the veterans pension was about $6 billion over 10 years. Annually, according to the President's own inspector general at his own Department of Treasury, we are losing $4 billion a year in improper tax credit payments to illegal aliens. Why don't we fix that? The inspector general asked that we fix that. It would save $20 billion over 10 years. No, sir. What do they tell us? We are not doing anything on immigration.
Well, the first thing you should do to create a lawful system of immigration in America is to quit rewarding people financially who come illegally. That is the first thing. For Heaven's sakes, what is wrong with that? Is that immoral?
We had an instance in which there was a trailer, I believe in Indiana. A number of people lived there. No children. They claimed 19 children and got refunds from the United States of America of $30,000-- all of which were not proper, none of which were proper.
That is what the inspector general was talking about. You are not entitled to come to America illegally--have children in some other country--and then demand that we give you a tax credit, which is the equivalent of a direct check from the U.S. Treasury. A tax credit is not a deduction. It is a check from the U.S. Treasury.
But, oh no, we will not even discuss that. That is a nonstarter. So it looks like politics trumps helping veterans. So if we had had a plan to fix the veterans retirement, that could have all worked together on a good basis. Here we have now another veterans bill that is not going to work. Are there no programs, are there no spending plans out
there that could not be trimmed, eliminated or reconfigured that could help us honor the commitments we have made to our veterans? There surely are. Lots of them. We have seen a lot of them offered.
So I challenge any of our colleagues, Senate Democrats, to come to the floor and name one program they are willing to terminate in order to help fund our veterans adequately. Come down and let's hear it. There is a circling of the wagons in this administration. What did the President mean when he said: The era of austerity is over, as the Washington Post reported? What did me mean? He meant that we are not cutting anything else. He meant that he is going to propose, as he has in the past, new spending programs, not fewer spending.
We can't even get amendments up on this legislation. The majority leader has filled the tree. He will not allow us even to vote on alternative proposals. We cannot have an honest debate in this Chamber over how to legitimately and responsibly meet the needs of veterans or any other group, it appears. So really, in effect, the majority leader and his caucus will not allow votes on proposals. He will not allow our veterans to have a vote really. As long as that is the case, you have got no right to proceed with this legislation, in my opinion.
So to those who come to the floor and attack Republicans, saying we do not care about veterans, I will issue this challenge: Tell your leader--because he cannot function without your support--tell your leader to let us offer some amendments. Let us offer some offsets that would help pay for this. Tell your leader to let this Chamber work its will in the Constitutional and historic way.
If you do not, it is clear that your goal is to create a misleading headline and not do what is right for veterans. One more thing, because Congress has refused to live within its means, interest on our debt is surging, unbelievably so. It will crowd out this kind of spending, defense spending, education spending, highway spending, throughout our whole government.
Let me draw your attention to this chart. This is what Director Elmendorf told us 2 weeks ago--last week--in his testimony before the Budget Committee on the budget of the United States of America. He told us that the interest we pay this date, this past year, was $230 billion.
The savings from reducing veterans' retirement over 10 years was $6 billion. The Federal highway bill for 1 year is approximately $40 billion. The amount of money we spend on education is around $100 billion. That is all of those programs that we spend it on. The amount of money we spend on the Defense Department is about $500 billion.
So last year, we spent $230 billion on interest. When we borrow money, we go into debt. We borrow the money. People loan us the money. We give them Treasury bills, with interest. Look at this chart. This year, 2013, it is $230 billion. Look at the increase Director Elmendorf told us we can expect over the next 10 years. In 2024, 10 years from now, colleagues, interest on the debt will be $870 billion in 1 year.
How many good projects are going to have their programs cut to just pay the interest on the debt? It is the fastest growing item in the United States budget. What do we have? We want to do something for veterans a few weeks after we agree to limit spending. We come right in with a bill to waive the budget limit, spend above that, borrow every penny of that money, and increase this interest and debt situation.
The Director did not count that. His calculations assume we honor the Budget Control Act and the Ryan-Murray spending limit. He assumes we are honoring what is in law. But what do we have? A motion to waive. Spend above that limit. This whole reckless spending is what Admiral Mullen meant when he said: The greatest threat to America's security is our deficit, our debt. It is going to crowd out other spending. It threatens our economic viability, our growth potential, and it actually places us at risk for some financial crisis in the years to come.
Our voters deserve better. Look at how they tend to maneuver this legislation. It is so absurd sometimes. We should laugh about it if it were not so serious. It is serious. The Sanders bill, the veterans bill--we are being told we must vote for it or they will accuse us of being unkind and unsupportive and unsympathetic to our veterans. That day is over. We are not going to be intimidated on this. We are going to do the right thing for veterans and America.
This bill would exceed the spending limit for the current fiscal year that Congress and the President agreed to just 3 months ago. Initially--it gets worse in the outer years--it would clearly add another $260 million in mandatory spending and authorize another $182 million this year, fiscal year 2014, which we are already in--$182 million. It gets worse.
So we agreed in 2011, August of 2011, to set certain spending limits. The President signed that. Both Houses of Congress voted for it. Come January, the President of the United States, who signed that bill, laid forth his budget, which would increase spending $1 trillion over the limits that we agreed to in August. So less than 6 months later, he was coming back before Congress completely ignoring the will, the established law, the Budget Control Act limitations on spending that he agreed to.
He actually bragged about it. This is no way to get our country on a sound financial path. It is not any way to do it. Let me point out one more thing. They say that we are cutting spending, that this is austerity, that America is cutting its spending. Look at this chart. It is just a simple chart.
In 2007, before we had the fiscal crisis, we were spending about $2.6 trillion in that year. In 2011, right before we signed this August Budget Control Act agreement to limit the growth of spending--only the growth. It did not limit spending. It limited growth. We were spending about $3.5 trillion. The CBO baseline projects that in 2015, that is the year we are working on now, trying to prepare our budget and so forth, we are going to spend even more than we spent then.
So the spending is going up. We made a few adjustments to curtail the growth in spending, which is good, but really not enough to get us on a sound path. The reason I assure you that we are not on a sound path, as this chart shows that, is the interest we are going to be paying over 10 years. This is last year, 2013. This is what they tell us we are going to be paying in interest in 2024. It goes up every single year. We are on an unsustainable path. You can't get something for nothing. Julie Andrews tells us: Nothing comes from nothing. Nothing ever could. It can't.
So I am flabbergasted really. The most disappointing thing to me is I know now what we are going to see in the President's budget come next Tuesday. Any hint at belt tightening is going to be gone. We are going to see proposals for massive increases in spending. Oh, not spending, investments. That is what we are going to see.
But we do not have the money. We do not have to damage America. We do not have to destroy our country. This is what we agreed to now. It shows continual growth. Under the Budget Control Act, we are going to see growth in spending every year. There is no reduction in spending. It is going to grow every year for the next 10 years. It will not grow quite as fast, as if we did not have a Budget Control Act.
It looks like, if we continue to have efforts to waive the budget and just spend above that, it will be even worse than this. The growth will be even greater.
I want to share one point, and I will wrap up. The bill also relies on a budget gimmick. It claims that it has got some pay-for, that it is not all borrowed money. It claims this pay-for. It is really a gimmick that every honest observer who has commented on it has just mocked it. It is the OCO gimmick. The bill proposes to reduce Overseas Contingency Operations programs used to combat terrorism worldwide, Iraq and Afghanistan, our OCO, Overseas Contingency Operations.
Every penny of that is borrowed. It is not in the regular budget. It is spent above that as emergency spending, war spending. That is how it has been done. For good or ill, that is the way it is done. At least while I am troubled by the President's policies with regard to Iraq and Afghanistan, the costs are coming down. They are projected to come down every year until we basically eliminate those costs.
It claims that reducing the amount of money we borrow to fund the war and support our military is somehow now available to spend on whatever the project of the day is. Today it is veterans. It will be something else tomorrow. They have tried this before. It is ludicrous. It is like claiming credit today for the end of Vietnam. We are not borrowing money to fight the war in Vietnam, so we can spend that money.
This is how a great Nation goes broke. They want to do this to the tune of $18 billion. That is what it is going to take to fund Senator Sanders' bill. The problem is, the money was never going to be spent at this rate. It is not a real savings. Every piece of legislation that the majority has tried to move since January has exceeded the levels that we reached in the December agreement: unemployment insurance, the farm bill, flood insurance, and now the veterans bill. All of them spend above what we agreed to.
Colleagues, these measures represent critical needs. I know we want to do something about all of them, and acknowledge that people have suffered and are suffering under the policies that promised to do so much good but have not.
The solution is not to abandon fiscal discipline. The solution is not to breach the agreements we reached only a few weeks ago to have some modest limitation on the growth of Federal spending.
This approach has been widely derided as a gimmick. The Congressional Budget Office says this is not real money that can be spent. Of course it is not.
Mr. Elmendorf followed up with a letter to Congressman Paul Ryan. Budget director Mr. Elmendorf wrote:
Establishing caps on discretionary appropriations in the
future would not affect spending under current law and would
not offset changes in direct spending or revenues. Further,
appropriations for war-related activities have declined in
recent years and may decline further as military operations
in Afghanistan wind down. Caps on OCO appropriations that are
lower than baseline projections might simply reflect policy
decisions that have already been made and that would be
realized even without such funding constraints. Moreover, if
policymakers believed national security required
appropriations above the capped amounts in future years, they
would almost certainly provide emergency operations that
would not, under current law, be counted against the caps.
It points out that this is an unacceptable way to count money.
Experts on the Federal budget have said the same. Maya MacGuineas, a capable observer with the Committee for a Responsible Federal Budget, said:
Using the war gimmick to offset other costs or to count
toward deficit reduction would send a message to the American
public and our investors that we are not serious about
controlling the debt. In fact, it would send the message that
not only are we not serious, but we are going to try to trick
everyone that we're actually doing something productive on
the deficit. That's the height of irresponsibility.
Maya MacGuineas--respected on both sides of the aisle, a person committed to getting this Nation to fiscal responsibility--is from the Committee for a Responsible Federal Budget. She said that last November.
So we are not going to go for this. We are not going to waive the budget in this fashion. It is not going to pass, and it should have been known beforehand when Senator Sanders and Senator Reid sought to push this bill through that it was never going to pass because there are enough Senators in this body who have enough strength of will to honor the commitment we made a few weeks ago in the Ryan-Murray legislation. We are not going to use some bogus gimmick to justify busting the budget. The deal is over, nada. It is not going to happen. And I will defend my commitment to veterans and seeing that they are treated fairly in this country.
There are a lot of positive things we need to be doing in America. This is certainly not one them. We need to figure out how to run this government on the spending increases to which we have already agreed. In fact, we need to reduce those increases more than we have.
Otherwise, we are placing at risk our economy today, job creation today, and the future of our children.
I thank the Chair, and I yield the floor.