Mr. President, as I outlined yesterday, the Senate's pending business on appropriations is tremendously important to America's farmers, to our veterans, and to the future of our airports, roads, bridges, and ports. My home State of…
Mr. President, as I outlined yesterday, the Senate's pending business on appropriations is tremendously important to America's farmers, to our veterans, and to the future of our airports, roads, bridges, and ports. My home State of Kentucky is certainly no exception.
The Commonwealth is home to a host of important and overdue infrastructure projects. As a transportation and logistics hub, my home State boasts an impressive network of roads, ports, railroads, and waterways that keep our economy and the American people literally on the move. Overhauling this infrastructure strengthens the essential link folks in Kentucky have to the rest of the Nation while making those transit resources faster, more efficient, and more reliable for everyone.
I am also proud of Kentucky's diverse agriculture industry, made up of over 75,000 farms, an overwhelming majority of which are family- owned and family-operated. Kentucky's rural communities understand the importance of efforts like expanding rural broadband deployment and protecting livestock from diseases that can financially devastate small family farms.
Certainly, our work in the coming days will also impact Kentucky's Army installations and National Guard facilities. Investments in military construction ensure our brave men and women in uniform have access to the world-class training facilities they need to defend our country. Maintaining Kentucky's premier fighting forces is critical to deterring aggression from our adversaries and protecting American strength.
So, as the Senate continues to make progress on regular order appropriations, I am pleased to see Kentucky take center stage in solving some of the real issues that face our people.
National Security
Mr. President, America's defense industrial base is in the middle of a historic transformation. This is something Republicans have been working toward literally for years. It is good news for America's national security. In fact, it is essential for our strategic
competition with communist China; and, today, I would like to talk a bit more about what exactly is making this urgent progress possible.
Over the past year and a half, the lethal U.S. aid helping Ukraine defend its sovereignty and degrade Russia's military has consisted, in large part, of aging weapons stocks that were sitting in our own arsenal--in many cases, literally collecting dust.
The security assistance money appropriated ``for Ukraine'' isn't just buying weapons for Ukraine; it is also replenishing and modernizing America's own arsenal, and the vast majority of it is going to American defense manufacturers. This includes funding to expand production lines of munitions needed by the U.S. military as well as vulnerable allies in both Asia and Europe that want and need American weapons. That is tens of billions of dollars directly supporting tens of thousands of jobs in at least 38 States so far. Support for Ukraine is driving historic investments in the communities that we all represent.
Take the 155-mm artillery round. Replenishing America's stockpile of this critical munition has meant sending $3.6 million to producers in Nevada, $48 million to Florida and Illinois, $65 million to Ohio, $141 million to Arizona, $174 million to Tennessee, $181 million to Virginia, $355 million to Pennsylvania, and $519 million to Texas. That is nearly $2 billion worth of direct investment in American industry, American jobs, and American strength.
And, contrary to critics who say Ukraine is a distraction from China, this investment isn't flowing in spite of our support for Ukraine but actually because of it.
A West Virginia facility that supports 1,600 jobs has significantly increased production of motors and warheads for guided multiple-launch rocket systems, for which there is increased global demand; and a St. Charles, MO, facility that employs 1,300 workers--so-called Ukraine money--has funded a vastly expanded production line to build fresh stocks of extended-range, JDAM precision-guided munitions.
These are actually transformational investments, and they wouldn't have happened without the supplemental funding that we approved last year. We are not just talking about buying new stocks but about expanding production capacity to meet U.S. and allied demand. This is a critical piece of our race to compete with China.
In fact, that same Missouri munitions production line is also set to fulfill orders from some of America's closest allies and partners in Asia. That is right. Japan, Singapore, South Korea, and the Philippines are arming themselves with American munitions to deter China.
And the same is true for other critical munitions. Thanks to Ukraine funding, we are on a path to double the production of critical weapons like Stingers and Javelins, along with innovative new weapons like the ground-launched, small-diameter bomb, which will be produced in Arkansas and New York. This expanded production capacity will benefit America as well as partner militaries from European to Asia.
I will have more to say in the coming days about the historic investments our allies are making here in the United States as a direct result of American leadership, but, for now, I am tremendously proud of our own work to invest in American industry, American workers, and American strength.
Inflation
Now, Mr. President, on one final matter, I spoke yesterday about the Biden administration's war on American energy and how working families are feeling it at the gas pump, but energy prices are not the only reason it has been so hard to balance household budgets on Washington Democrats' watch.
Just this morning, the Bureau of Labor Statistics announced that inflation increased by 0.6 percent this month, putting year-over-year inflation at 3.7 percent. That is well above the Federal Reserve's 2- percent target, and it puts cumulative inflation since President Biden took office at over 17 percent.
But as the American people continue to struggle against rising costs, the President appears to be taking a victory tour, touting Bidenomics as one of his crowning achievements. Over the Labor Day weekend, President Biden told voters that Bidenomics ``is working.'' The American people are not fooled by this. They can feel the pinch in their wallets, and they know that Washington Democrats' runaway spending is the reason for it.
As one woman told reporters recently, ``I don't think [President Biden] has the everyday people's best interests in mind. . . . Everything has gone up--electricity, groceries, fuel. . . . It's not fair to the American people.''
Well, she is not alone. According to one recent survey, a large majority of Americans disapproves of the President's handling of the U.S. economy. Families are paying 20 percent more at the grocery store. Credit card debt has surpassed $1 trillion for the first time ever, and overall real wages are down 2.3 percent since 2021.
The numbers do not lie. Even Biden's Secretary of Commerce has said that inflation is ``still a challenge'' and ``something that people still see on a daily basis when they go to the grocery store or pay their mortgage.''
Bidenomics may be working, but it is working against working Americans.
I suggest the absence of a quorum.