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Senate Resolution 147 (Cong. Rec., March 25, 2021)

Summary

Page S1838 of the Senate section of the Congressional Record for March 25, 2021, carrying correction text and S. Res. 147, submitted by Mr. Braun, Mr. Scott of Florida and Ms. Ernst and others and referred to a Senate committee. The resolution recognizes the national debt as a threat to national security, quoting Leon Panetta and Chuck Hagel among other former officials, and notes that public debt outstanding in September 2020 exceeded $26,000,000,000,000 with interest expense above $371,000,000,000. The page also includes whereas clauses on collateral consequences of a criminal record and Second Chance Month, and a section on applicability to Small Business Act loan applications.

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Cite this document

“Senate Resolution 147 (Cong. Rec., March 25, 2021).” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2021-03-25-crec-2021-03-25-pt1-pgs1838-2-31e0e425d2/, SHA-256 88fadf1243fc8e1f70b4b9f34456f85a5c4e98559058110e8765de1b9165b019.

Full text

                                                         S1838               CORRECTION                     CONGRESSIONAL RECORD — SENATE                                                       March 25, 2021
                                                           (1) faces collateral consequences in secur-             SENATE RESOLUTION 147—RECOG-                        and represents a dire future threat to our
                                                         ing a place to live; and                                    NIZING THE NATIONAL DEBT AS                       economy and to our national security’’;
                                                                                                                     A THREAT TO NATIONAL SECU-                          Whereas, on November 15, 2017, former Sec-
                                                           (2) is often barred from seeking access to
                                                                                                                                                                       retaries of Defense Leon Panetta, Ash Car-
                                                         public housing;                                             RITY
                                                                                                                                                                       ter, and Chuck Hagel warned: ‘‘Increase in
                                                           Whereas collateral consequences prevent                   Mr. BRAUN (for himself, Mrs. BLACK-               the debt will, in the absence of a comprehen-
                                                         millions of individuals in the United States              BURN, Mr. SCOTT of Florida, and Ms.                 sive budget that addresses both entitlements
                                                         from contributing fully to their families and             ERNST) submitted the following resolu-              and revenues, force even deeper reductions in
                                                         communities;                                                                                                  our national security capabilities’’; and
                                                                                                                   tion; which was referred to the Com-
                                                           Whereas collateral consequences can con-                                                                      Whereas, on September 22, 2011, former
                                                         tribute to recidivism, which increases crime
                                                                                                                   mittee on Finance:
                                                                                                                                                                       Chairman of the Joint Chiefs of Staff Mi-
                                                         and victimization and decreases public safe-                                  S. RES. 147
                                                                                                                                                                       chael Mullen warned: ‘‘I believe the single,
                                                         ty;                                                          Whereas, in September 2020, the total pub-       biggest threat to our national security is
                                                           Whereas collateral consequences have par-               lic debt outstanding was more than                  debt’’: Now, therefore, be it
                                                         ticularly impacted underserved communities                $26,000,000,000,000, resulting in a total inter-      Resolved, That the Senate—
                                                         of color and community rates of employ-                   est expense of more than $371,000,000,000 for         (1) recognizes that the national debt is a
                                                         ment, housing stability, and recidivism;                  fiscal year 2020;                                   threat to the national security of the United
                                                           Whereas the inability to find gainful em-                  Whereas, in September 2019, the total pub-       States;
                                                         ployment and other collateral consequences                lic debt as a percentage of gross domestic            (2) realizes that persistent, structural defi-
                                                         of conviction inhibit the economic mobility               product was about 100 percent;                      cits are unsustainable, irresponsible, and
                                                         of an individual with a criminal record,                     Whereas leaders of the Congressional Budg-       dangerous; and
                                                         which can negatively impact the well-being                et Office and the Government Accountability           (3) commits to addressing the looming fis-
                                                         of the children and families of the individual            Office have testified that—                         cal crisis faced by the United States.
                                                         for generations;                                             (1) the growth of the public debt is
                                                                                                                   unsustainable; and                                                   f
                                                           Whereas the COVID–19 pandemic and eco-
                                                                                                                      (2) Congress must undertake extensive fis-          AMENDMENTS SUBMITTED AND
                                                         nomic and public health consequences of the
                                                                                                                   cal consolidation to combat that growth;                      PROPOSED
                                                         COVD–19 pandemic have made the pursuit of
                                                                                                                      Whereas the last Federal budget surplus
                                                         gainful employment and access to commu-                                                                         SA 1409. Mr. SCOTT, of South Carolina (for
                                                                                                                   occurred in 2001;
                                                         nity supports more daunting for individuals                                                                   himself and Ms. ERNST) submitted an amend-
                                                                                                                      Whereas, in fiscal year 2020, Federal tax re-
                                                         with a criminal record;                                                                                       ment intended to be proposed by him to the
                                                                                                                   ceipts totaled $3,420,000,000,000, but Federal
                                                           Whereas the bipartisan First Step Act of                                                                    bill H.R. 1799, to amend the Small Business
                                                                                                                   outlays totaled $6,652,000,000,000, leaving the
                                                         2018 (Public Law 115–391; 132 Stat. 5194) was                                                                 Act and the CARES Act to extend the cov-
                                                                                                                   Federal Government with a 1-year deficit of
                                                         signed into law on December 21, 2018, to in-                                                                  ered period for the paycheck protection pro-
                                                                                                                   $3,132,000,000,000;
                                                         crease opportunities for individuals incarcer-               Whereas, since the last Federal budget sur-      gram, and for other purposes; which was or-
                                                         ated in Federal prisons to participate in                 plus occurred in 2001, Congress—                    dered to lie on the table.
                                                         meaningful recidivism reduction programs                     (1) has failed to maintain a fiscally respon-      SA 1410. Mrs. SHAHEEN (for herself and
                                                         and prepare for their second chances;                     sible budget; and                                   Ms. COLLINS) proposed an amendment to the
                                                           Whereas the programs authorized by the                     (2) has had to raise the debt ceiling repeat-    bill H.R. 1868, to prevent across-the-board di-
                                                         Second Chance Act of 2007 (Public Law 110–                edly;                                               rect spending cuts, and for other purposes.
                                                         199; 122 Stat. 657)—                                         Whereas the Medicare Board of Trustees             SA 1411. Mr. SCOTT, of Florida proposed
                                                                                                                                                                       an amendment to amendment SA 1410 pro-
                                                           (1) have provided reentry services to more              projects that the Medicare Hospital Insur-
                                                                                                                                                                       posed by Mrs. SHAHEEN (for herself and Ms.
                                                         than 164,000 individuals in 49 States and the             ance Trust Fund will be depleted in 2026;
                                                                                                                                                                       COLLINS) to the bill H.R. 1868, supra.
                                                                                                                      Whereas the Social Security and Medicare
                                                         District of Columbia since the date of enact-                                                                                  f
                                                                                                                   Boards of Trustees project that the Dis-
                                                         ment of the Act; and                                      ability Insurance and the Federal Old-Age                  TEXT OF AMENDMENTS
                                                           (2) were reauthorized by the First Step Act             and Survivors Insurance Trust Funds will be
                                                         of 2018 (Public Law 115–391; 132 Stat. 5194);             depleted in 2026 and 2031, respectively;              SA 1409. Mr. SCOTT of South Caro-
                                                           Whereas the anniversary of the death of                    Whereas heavy indebtedness increases the         lina (for himself and Ms. ERNST) sub-
                                                         Charles Colson, who used his second chance                exposure of the Federal Government to in-           mitted an amendment intended to be
                                                         following his incarceration for a Watergate-              terest rate risks;                                  proposed by him to the bill H.R. 1799,
                                                         related crime to found Prison Fellowship,                    Whereas the credit rating of the United          to amend the Small Business Act and
                                                         the largest program in the United States                  States was reduced by Standard and Poor’s           the CARES Act to extend the covered
                                                         that provides outreach to prisoners, former               from AAA to AA+ on August 5, 2011, and has          period for the paycheck protection pro-
                                                         prisoners, and their families, falls on April             remained at that level ever since;
                                                                                                                                                                       gram, and for other purposes; which
                                                         21; and                                                      Whereas, without a targeted effort to bal-
                                                                                                                   ance the Federal budget, the credit rating of
                                                                                                                                                                       was ordered to lie on the table; as fol-
                                                           Whereas the designation of April as ‘‘Sec-
                                                                                                                   the United States will continue to fall;            lows:
                                                         ond Chance Month’’ may contribute to—
                                                                                                                      Whereas improvements in the business cli-          At the appropriate place, insert the fol-
                                                           (1) increased public awareness about—                   mate in populous countries, and aging popu-         lowing:
                                                             (A) the impact          of       collateral    con-   lations around the world, will likely con-          SEC. ll. PROHIBITION ON PAYCHECK PROTEC-
                                                                                                                   tribute to higher global interest rates;                       TION PROGRAM LOANS AND SECOND
                                                           sequences; and
                                                                                                                                                                                  DRAW LOANS FOR APPLICANTS CON-
                                                                                                                      Whereas more than $7,000,000,000,000 of Fed-                VICTED OF, OR WHO PLEADED
                                                             (B) the need for closure for individuals
                                                                                                                   eral debt is owned by individuals not located                  GUILTY TO, ASSAULTING A LAW EN-
                                                           with a criminal record who have paid their              in the United States, including more than                      FORCEMENT OFFICER.
                                                           debt; and                                               $1,000,000,000,000 of which is owned by individ-      (a) IN GENERAL.—Section 7(a) of the Small
                                                           (2) opportunities for individuals, employ-              uals in China;                                      Business Act (15 U.S.C. 636(a)) is amended—
                                                         ers, congregations, and communities to ex-                   Whereas China and the European Union are           (1) in paragraph (36), by adding at the end
                                                         tend second chances to those individuals:                 developing alternative payment systems to           the following:
                                                         Now, therefore, be it                                     weaken the dominant position of the United            ‘‘(W) PROHIBITION.—An applicant is not eli-
                                                                                                                   States dollar as a reserve currency;                gible to receive a covered loan if an owner of
                                                           Resolved, That the Senate—                                 Whereas rapidly increasing interest rates        the applicant has, as of the date of the appli-
                                                           (1) designates April 2021 as ‘‘Second Chance            will squeeze all policy priorities of the           cation, been convicted of or pleaded guilty to
                                                         Month’’;                                                  United States, including defense policy and         assaulting a law enforcement officer.’’; and
                                                           (2) honors the work of communities, gov-                foreign policy priorities;                            (2) in paragraph (37), by adding at the end
                                                         ernmental institutions, nonprofit organiza-                  Whereas the National Security Strategy of        the following:




sradovich on DSKJLST7X2PROD with CONG-REC-ONLINE
                                                         tions, congregations, employers, and individ-             the United States, as of the date of adoption         ‘‘(P) PROHIBITION.—An applicant is not eli-
                                                         uals to remove unnecessary legal and soci-                of this resolution, highlights the need to re-      gible to receive a covered loan if an owner of
                                                         etal barriers that prevent individuals with               duce the national debt through fiscal respon-       the applicant has, as of the date of the appli-
                                                         criminal records from becoming productive                 sibility;                                           cation, been convicted of or pleaded guilty to
                                                         members of society; and                                      Whereas, on April 12, 2018, former Sec-          assaulting a law enforcement officer.’’.
                                                           (3) calls upon the people of the United                 retary of Defense James Mattis warned that            (b) APPLICABILITY.—The amendments made
                                                         States to observe ‘‘Second Chance Month’’                 ‘‘any Nation that can’t keep its fiscal house       by subsection (a) shall apply with respect to
                                                         through actions and programs that—                        in order eventually cannot maintain its mili-       an application for a loan under paragraph
                                                           (A) promote awareness of those unneces-                 tary power’’;                                       (36) or (37) of section 7(a) of the Small Busi-
                                                         sary legal and social barriers; and                          Whereas, on March 6, 2018, Director of Na-       ness Act (15 U.S.C. 636(a)(36)) that is sub-
                                                           (B) provide closure for individuals with a              tional Intelligence Dan Coats warned: ‘‘Our         mitted on or after the date of enactment of
                                                         criminal record who have paid their debt.                 continued plunge into debt is unsustainable         this Act.




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