Default Prevention Act of 2013-- Motion to Proceed-- Continued

Floor Speech

Date: Oct. 10, 2013
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. GRASSLEY. Mr. President, I heard the previous speaker plead for a solution. I think we are all pleading for that. We are now in our 10th day of a government shutdown--quite frankly, one that did not have to happen.

To some extent, it seems that this administration--meaning President Obama's administration--is going to great efforts to inflict as much pain through this shutdown as possible.

Mr. President, the administration went to great lengths to try to keep World War II veterans from viewing the memorial dedicated to their service, the World War II Memorial. It is an open-air memorial. It likely took more effort and personnel to close and barricade the memorial than it does to keep it open. It is one of those memorials where 24/7/365 you can go there. There is no reason it could not have been the same way during this recent period.

The government could be open and fully operating today but for the majority and its unwillingness to engage in legitimate debate over proposals to amend ObamaCare or any other legitimate issue of dispute. With regard to ObamaCare, not to defund or delay it is something that is not right in a body that is a deliberative body. You ought to consider all issues.

Instead of wasting a lot of time being in quorum calls or days of not voting, there could be legitimate discussions of pieces of legislation, and in the process maybe reach some sort of conclusion through what we call ``regular order.''

The House has passed and the Senate has defeated three different continuing resolutions. Each one of those would have kept the government open and prevented a shutdown. That looks like that is something that was debated here and decided here. But it was decided in a manner that was not debatable, a motion to table the House amendments. These three offers from the House of Representatives were rejected by the Senate majority. We are in this position because the Senate majority refused to give the American people relief from the individual mandate and treat President Obama and his political appointees the same as all other Americans when it comes to Federal employees and officials being covered by health insurance.

In addition to negotiating an end to the government shutdown, Congress now needs to deal with the approaching debt limit. This will be the sixth debt limit increase in President Obama's 5 years in office. During President Obama's term in office thus far, the United States has added $6 trillion to our national debt.

We had 4 consecutive years with annual deficits above $1 trillion. Federal debt held by the public is now 73 percent of our gross domestic product. The historical average has been about 40 percent of GDP. This unsustainable debt path is threatening our economic growth and our stability.

This administration is quick to point out that the deficits have fallen faster than at any point since World War II. They fail to mention, however, that the deficit remains over $600 billion this very year from highs near $1.4 trillion. Remember to compare the $600 billion for this year with the largest annual deficit under President Bush of $458 billion.

Much of the recently improved deficit picture is also due to the spending cuts imposed by the Budget Control Act of August 2, 2011, that was enacted as part of the last debt ceiling increase. There is no better time to negotiate policies to address our fiscal problems than when debating debt ceilings.

But the President and the Secretary of the Treasury maintain that they will not negotiate on the debt limit. There happen to be families all over this country which, because of the slow economy and unemployment, are being forced to make tough decisions to make ends meet.

A lot of those families are looking at their budgets, looking right now trying to determine which expenses can be cut. Maybe they will try to reduce their cell phone bill or perhaps they will cancel a newspaper or a magazine subscription or perhaps eat at home instead of eating at restaurants.

The point is, when families face tight budgets and increasing debt, they look for ways to cut spending and get their fiscal house in order. That is the prudent thing to do. When bills come due, families make tough decisions on where to trim the budget. That is a family example of the Federal Government's legitimacy for looking at our spending.

At the very same time we are trying to increase the debt limit, we need to consider possibilities and make compromises to get our budget deficit down. Why can't the Federal Government then do the same? Why can't we use this opportunity to put our Nation on a sound fiscal course? Why can't we work right now to enact policies that will hopefully then negate the need to take on more debt.

This seems to be a reasonable proposition, to do this when you are talking about increasing the federal debt. Treasury Secretary Lew and his boss, President Obama, have repeated the talking points that negotiating deficit reduction policies on a debt ceiling increase is unprecedented. They claim that now is not the time to negotiate our budget and fiscal problems.

The President stated last month:

You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt being used to extort a President or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt.

The President just does not understand history or even recent history when he makes such a statement. President Obama and Secretary Lew can make this claim as much as they want, but it does not make sense. It is not true. The Washington Post fact checker gave this exact quote from President Obama four Pinocchio's, which rates the statement as a ``whopper.''

The Post indicated that since 1953, Congress at times has used the debt limit as a way to force concessions by the executive branch on spending. It also states that the Congress has used the debt limit on many occasions to force changes in unrelated laws.

At least four major pieces of deficit reduction policies were enacted as part of a debt limit increase: Gramm-Rudman, 1985; the Budget Enforcement Act, 1990; the Balanced Budget Act, 1997; the Budget Control Act, 2011. So the facts are very clear. The debt limit has been used in the past as a means to enact different deficit reduction policies and other reforms. Surely the President knew these facts when he made that statement that the Washington Post fact checker rated as a ``whopper'' with 4 Pinocchio's.

According to the Congressional Research Service, since 1978, Congress has voted to raise the debt ceiling 53 times: 27 of those times or 51 percent of the time the debt limit increase was tied to reforms. I questioned Secretary Lew on this point this morning during our Finance

Committee hearing. Unfortunately, I got the same tired talking points that have been proven time and again to be wrong.

It is difficult to understand how an administration can expect us to take them seriously on the offer of future negotiations when they misrepresent such simple facts. The President and Congress must come to the table and negotiate policies to get our fiscal house in order. Does that put everything on the shoulders of the President of the United States? Absolutely not. It is just a fact that in this town, with our form of government, for over 225 years Presidential leadership is a very important part of the legislative process.

We have taken steps to address discretionary spending. We did that in 2011 with the Budget Control Act. Now it is time to tackle entitlements. Without reform, entitlement spending will continue to consume our budget. They will begin to squeeze out spending on discretionary spending, such as defense, education, and infrastructure. According to the CBO, spending on entitlements will double as a percentage of GDP from the historic average of 6.9 percent to 14.2 percent by 2038.

What does this mean for our economy? It means we will need to borrow more and more to fulfill our obligations. That will crowd out money that would otherwise be loaned in the private sector. This will lead to slower growth, less prosperity. It means that future generations may be less well-off than previous generations. The longer we kick the entitlement can down the road, the bigger the fiscal problems become and the harder the solutions will be.

It is time to make tough decisions and once and for all strengthen and secure these programs for future generations. These reforms will not take place without presidential leadership. The President must now demonstrate courage and the political will to put our Nation on a sound fiscal course.

That is not just the President's responsibility. That is a shared legislative responsibility between that end of Pennsylvania Avenue and this end. But it requires leadership that will bring people together. It requires compromise. It requires concession. Most of all, we need to get back to basics. We have to be sitting at a table across from each other negotiating. We will not be able to address those looming fiscal problems if President Obama is refusing even to sit across the table from Members of Congress, both Republicans and Democrats.

So I hope he will reconsider his ``no negotiation'' strategy so that we can reopen the government, deal with the debt ceiling and begin to address our unsustainable long-term fiscal challenges.

I yield the floor.

BREAK IN TRANSCRIPT


Source
arrow_upward