S. Con. Res. 41, H. Con. Res. 112, S. Con. Res. 37, S. Con. Res. 42, S. Con. Res. 44 En Bloc--Motions to Proceed

Floor Speech

Date: May 16, 2012
Location: Washington, DC

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Mr. GRASSLEY. Mr. President, adopting a budget for the country is one of the most basic responsibilities and fundamental functions of the Congress.

The Budget Act of 1974 requires Congress to adopt a budget by April 15 each year. It is a requirement that this Senate majority has ignored time and again. In fact, the Senate hasn't adopted a budget since April 29, 2009.

More than 3 years have passed since the Senate last adopted a budget. During that time, more than $4 trillion has been added to our Nation's debt. In President Obama's Presidency, we have added $5 trillion to the national debt.

So we are in the midst of the fourth consecutive year of $1 trillion deficits. All the while, the Senate Democratic majority has failed to propose a budget blueprint that would lay out their priorities for deficit reduction, economic growth, and a path to balance. It is no wonder, then, our Nation is driving toward a fiscal cliff of deficits and debt. There is no one in the Democratic leadership willing to take hold of the wheel of this vehicle.

In February, President Obama released his budget. The President's 2013 budget would expand the scope of government by spending more money, increasing taxes on job creators, and continue on the path of enormous deficit and record debt.

While President Obama claims his budget will create an America built to last, the only thing his budget builds, it seems to me, is higher deficits and debt--a bigger and more intrusive government and economic decline for future generations.

During the past 60 years spending has averaged about 21 percent of GDP. Over the 10-year window of President Obama's budget, spending never gets below 22 percent. In dollar terms, spending goes up from the present $3.8 trillion to $5.8 trillion in the year 2022. So it is very clear President Obama is built to spend.

President Obama's budget is also harmful to our fragile economy because it would impose a $1.9 trillion tax increase. Maybe the President's purpose in imposing this huge tax increase is an effort to reduce the Nation's debt. Unfortunately, that is not what he has planned in his budget. He wants to spend every dollar.

His budget runs deficits totaling $6.4 trillion over the next 10 years. Debt held by the public increases from 74.2 percent of our economy today to 76.33 percent in 2022. Of course, we need to remember that the historical average since World War II has been about 43 percent of the economy.

If people believe President Obama is putting us on a path to fiscal sustainability, I would suggest that they look at the annual deficits over the next 10 years. They never drop below $575 billion, and they actually go up at the end of his budget, rising to $704 billion in 2022. President Obama's budget puts America on the course of deficits and debt as far as the eye can see into the future.

The President also took a pass on proposing any real changes to our entitlement programs, which are a real driver of future deficits and debt. Again, he is absent from the discussion. He has no solution. He has chosen not to lead. But where is the leadership from the Senate majority? Where is their budget? Why have they not proposed a budget in more than 3 years?

The budget chairman has said repeatedly that we already have a budget in place for this year and even for next year.

The chairman and majority leader believe the Budget Control Act was a budget resolution. The Budget Control Act is not a budget. President Obama clearly agreed when he proposed his budget. House Republicans and Democrats alike agreed when they voted on seven budget resolutions offered by both Republicans and Democrats. The Democratic leadership in the Senate stands alone in their belief that the Budget Control Act was a budget resolution. Is it because they have no ideas on how to balance the budget, contain out-of-control spending, grow the economy, or create jobs?

If the Democratic majority can't muster the will to present their own budget, why don't they offer President Obama's budget?

I am sure we will hear the argument that the resolution our side is offering is not a fair depiction of President Obama's budget. That is the rhetoric we will likely hear so that they can vote against it. The fact is they are going to vote against it for one reason, just like a year ago; that is, because it is President Obama's budget. They don't want to be on record voting for any budget. That will be the most remarkable outcome of today's exercise.

We are going to vote on five different budget proposals. Three are being offered by Senate Republicans, one is Budget Chairman Ryan's budget, and the final resolution is President Obama's budget. Not only have Senate Democrats failed to even propose a budget, they will likely vote in lockstep against each of the five budget proposals.

We are likely to see Senate Democrats come to the floor one by one and cast roughly 265 votes against the consideration of any budget. Is that leadership? Is that conviction? They are in the majority. When it comes to proposing and supporting a budget, they are the party of no and the party of obstruction. Democrats are the party filibustering consideration of budget blueprints. My friend, the budget chairman, was quoted recently as saying:

This is the wrong time to vote in committee. This is the wrong time to vote on the floor. I don't think we will be prepared to vote before the election.

How many more trillions do we need to add to the national debt before it is time to vote on a budget resolution? If now is not the time to lead, propose bold solutions and take action, when is?

The American people are going to pay a heavy price for the unwillingness and inability of the Senate majority to lead and to offer solutions. Once again, the Senate majority and its leadership and President Obama are content to be absent from the discussion. Three years without this sort of debate is proof of that. There are no solutions; there is no leadership. There is only failure and punting until after the next election.

We have a moral obligation to offer serious solutions for today--most importantly for future generations.

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