BREAK IN TRANSCRIPT
Mr. SCHUMER. Mr. President, while the Senate conducts an important debate today on Yemen, we continue to negotiate an omnibus spending bill. It will follow through on the bipartisan budget deal we struck in February that, for the first time in a long time, will robustly fund our military and provide substantial investment in our middle class.
For too long, the arbitrary and pointless sequester caps held back Federal investment in jobs, scientific research, healthcare, and education. They also handicapped our military and prevented long-term planning at the Pentagon. The budget deal paved the way to do away with the harmful sequester caps, and now the omnibus will put the nail in the coffin.
Negotiations continue between the four leaders. A few sticking points remain but we are very close to signing off on legislation that both Houses will be able to take up and pass by the end of the week.
Mr. President, on the omni, I agree with the leader. Hopefully, we can come to an agreement and pass it this week. It has some things no one likes, and it has a lot of things not everybody likes but most people like. The basic structure of it was a fair compromise, and, hopefully, we can come to an agreement. Our staffs are working really hard.
BREAK IN TRANSCRIPT