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Mr. WHITEHOUSE. I thank the Senator. I very much appreciate the Senator from Illinois yielding for a question. If the Senator would not mind a series of questions, the first question has to do with, I guess I would say the sense with which we on this side of the aisle should receive the protestations of intense concern about the deficit that come from the other side of the aisle, and it relates back to when the previous Republican administration first took office.
As the Senator from Illinois mentioned, the last Democratic administration left an annual budget in surplus and a nation that had a $5 trillion debt. But my recollection is that in addition to a nation in annual budget surplus, what President Clinton also left the Republican administration that followed was a budget trajectory projected by the nonpartisan professional Congressional Budget Office to eliminate the national debt of the United States of America.
We would be a debt-free nation if the Democratic policies of President Clinton had been followed according to the nonpartisan, professional Congressional Budget Office. If I additionally recall, there were actually economic debates that were provoked by that, wondering whether it was actually a good idea for the Nation to be, for the first time since President Andrew Jackson, debt free.
So my question is, Is it not true that more than just an annual budget surplus was left to the Republicans by the Democrats last time, but what was left to them also was a budget trajectory that would have made this Nation debt free during President Bush's term had he extended those Democratic policies?
Mr. DURBIN. The Senator from Rhode Island is correct. The Senator from Kentucky has talked about the Nation's deficit and debt, and he should realize that when President Clinton left office in January of 2001, the national budget was in better shape than it had been in a generation.
In fiscal year 2000, the final year in which President Clinton had full responsibility for the national budget, our Nation's budget surplus was $236 billion--budget surplus. That year, the debt held by the public declined for the third consecutive year. As President Clinton left office, budget surpluses were projected to continue throughout the next 10 years. CBO, in its January 2001 budget outlook, projected surpluses of $5 trillion for 2001 through 2010, including nearly $800 billion in 2010 alone. Those surpluses were so large, as the Senator from Rhode Island indicated, that the Congressional Budget Office told us the debt held by the public would be entirely paid off by 2006.
Fast forward 8 years, at the end of George W. Bush's Presidency, that administration, and the national debt had climbed from $5 trillion that he inherited to more than double that amount.
Mr. WHITEHOUSE. The question I was asking is, Is it not fair to ascribe to that Republican administration and its policies the responsibility for more than just the difference between $5 trillion and $12 trillion? Because if those policies hadn't changed, according to the nonpartisan, neutral, professional Congressional Budget Office, during the term of President Bush, we would have actually been a debt-free nation and, therefore, responsibility for the entire Federal debt that was inherited by President Obama could fairly be said to be the responsibility of the policies from the other side of the aisle.
Mr. DURBIN. The Senator from Rhode Island is correct.
I don't know how the Senator from Kentucky voted when it came to the tax cuts for the wealthy. I don't know, so I can't presume to state it on the floor. I don't know if he voted for the annual budgets to prolong the wars in Iraq and Afghanistan without paying for them. I don't know how he voted on the Medicare prescription drug benefit that was not paid for, at least the $400 billion cost. I will acknowledge he was correct that the unemployment I referred to in November was paid for. I want that clear on the Record and I stand corrected and acknowledge it to the Senator from Kentucky. But I would say that his----
Mr. BUNNING. Will the Senator from Illinois yield?
Mr. DURBIN. I will yield after one more question from the Senator from Rhode Island. But I would say, when it came to his party position, tonight we hear this idea of fiscal conservatism, strict spending, punish those who are unemployed, take money away from those who have been out of work in order to bring down this budget deficit. But for 8 years, under President George W. Bush, we certainly didn't hear this sentiment expressed when it came to people who were so well off across our country.
I yield to the Senator from Rhode Island for a question.
Mr. WHITEHOUSE. In evaluating this concern about the deficit, we have just determined that the policies of the other side of the aisle contributed to virtually all the national debt we have inherited. Then let's look to the situation now because I think we understand we have to fix this deficit problem.
The distinguished Senator from Illinois earlier mentioned a vehicle for trying to do this, which was the establishment of a statutory deficit commission. My recollection is, the votes were inadequate for that, in significant part because on the Republican side of the aisle, seven of our colleagues whose names were on that plan as cosponsors of it voted against the bill that they had cosponsored for a mechanism that would potentially, at least, have provided a vehicle for resolving some of our deficit concerns.
My question is, Is that also the recollection of the Senator from Illinois? And how, in the light of this debate about the budget deficit and the fact that the budget deficit is so important, it is worth forcing honest, hard-working--when they can find work--Americans into their cars to sleep, as the Senator from Illinois has said, out of their homes, into penury. Why is it not important enough for our friends on the other side to support legislation of which they were cosponsors, and what was the motivation for that?
Mr. DURBIN. I would say in response to the Senator, for those who have not been following the debate from the beginning, tonight we are speaking to the fact that the Senator from Kentucky, Mr. Bunning, is objecting to extending unemployment benefits for 30 days in the United States to those who are out of work and extending COBRA benefits which help to pay for health insurance for 30 days, in addition to several other items, and has stated his reason is because of his concern about the budget deficit.
I don't know how the Senator from Kentucky voted on this commission, but I do remember it well because Senator Kent Conrad, the chairman of the Senate Budget Committee, came to me and said he had worked out an agreement with Senator Judd Gregg, a Republican, that they would try to create a commission which would take a look at our national deficit and make recommendations to Congress which we would then have to vote on. It was controversial, that is for sure.
When it was called for a vote, it ended up with, I believe, 53 votes and fell short of passage because 7 Republican Senators who had cosponsored the measure initially voted against it, cosponsors who voted against it, and it included the Republican minority leader. Their determination to deal with the deficit and the debt withered away and disappeared when they had a chance to vote for it on the floor. I don't know how the Senator from Kentucky voted.
So here is a chance for the Republicans to join the Democrats to deal with the deficit and debt, and they walked away. Seven of them turned their back on a bill they had cosponsored and walked away from it.
Mr. WHITEHOUSE. Mr. President, with the indulgence of the Senator from Kentucky, if I may ask my final question. If we have established that it was the Bush administration and Republican policies that created virtually all the national debt we now carry, and if we have established that when the mechanism that many believe would be the best vehicle to address the deficit was abandoned by our friends on the other side in significant measure, even those who had cosponsored it, thus preventing it from passing, what am I supposed to tell Carol Thomasian from North Providence? She is unemployed. She is a Rhode Islander. She has worked hard all her life. She went to work first as a teenager. She eventually got married. She started a family. She got a college degree to increase her earning potential. She bought a home. Her family lived in the home. She did everything right, pursuing the American dream.
Two years ago, when the Rhode Island economy collapsed--and it collapsed in Rhode Island sooner than in other States; we have been in a recession for a long time now--she was laid off from her job as a construction project manager, and she hasn't been able to find work since. She is struggling to keep her family together. She is a single mom now. She is raising a 12-year-old son and a 15-year-old daughter. She has all those responsibilities of teenager parenting. She is also trying to care for her disabled mother. She has a bachelor's degree in business administration. She has an associate's degree in architecture. She is a capable, trained, hard-working woman. Because she is out of work, her car has been repossessed, making it so much more difficult to try to find work, and it is unemployment insurance that is keeping her family together. This will cut 309 Rhode Islanders in our small State right off, in another few months it will cut up to 1,500 people right off.
How am I supposed to explain to them this principle that they need to suffer because of our budget deficit, with a party that is forcing that suffering on them and that did more to run up our national deficit than ever and that has obstructed the vehicle that would have started the work to fix the deficit and is absolutely silent about the deficit when millionaires and multimillionaires and billionaires are given tax breaks? How can I explain that? What do I tell her?
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Mr. WHITEHOUSE. I was presiding during the time that my friend, Senator Corker, was speaking. I did not have the chance to respond. But I want to assure him, through the Chair and through this question, that as the distinguished Senator from Missouri has just said, this was not planned on our side, at least not by me. I came for the votes.
The only surprise tonight was my surprise that a Senator was going to stop our unemployment insurance program. It never crossed my mind, until it just happened tonight, that was within the realm of possibility. I have 75,000 people unemployed in my small State of Rhode Island. We are at 13 percent unemployment.
So when I discovered, as a surprise tonight at these votes, that this was going to happen, like Senator Durbin, I could not just walk away from this Chamber. No way. No way.
But it was not as part of a planned surprise. The person in my life who was surprised as to what happened tonight was me. Frankly, I am still surprised, and I am surprised this has not resolved itself during the course of this discussion.
I am surprised that the 75,000 people in Rhode Island and over 1 million people in this country, who are going to wake up to the worry and concern and extra anxiety that Senator Sanders spoke about, are going to have to face that. I think it is unfortunate. But it is not because of a surprise attack by me. It is because I am responding to a surprise to something that I think is very unfortunate and extraordinarily painful for tens of thousands of regular working people who did nothing wrong but cannot find work in this economy in my home State.
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