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Congressional Record, Senate, April 5, 2022: Budget Proposal, Page S1959

Summary

A page of the Congressional Record, Senate, dated April 5, 2022, at page S1959. Mr. Thune, under the heading Budget Proposal, says the President's budget priorities are an expanded Federal Government, a diminished national defense, higher gas prices and an open border. He says the $1.9 trillion spending spree signed in March of 2021 helped create the worst inflation in 40 years, that the budget's supposed defense increase could turn out to be a spending cut once inflation is counted, and that the deficit reduction the President would like to take credit for is partly the result of the end of temporary COVID spending measures. The remarks are his own.

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“Congressional Record, Senate, April 5, 2022: Budget Proposal, Page S1959.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2022-04-05-crec-2022-04-05-pt1-pgs1959-7e7a6b0406/, SHA-256 211c97735132cd9fa7d132ac84f7f909dfdaf5e7a897373ee5588ea1eb60a2ad.

Full text

                                             April 5, 2022                                     CONGRESSIONAL RECORD — SENATE                                                                    S1959
                                               I yield the floor.                                    sis by sending a lot of unnecessary gov-               talking a lot about deficit reduction—
                                               The PRESIDING OFFICER. The Sen-                       ernment money into the economy via                     both the deficit reduction he has sup-
                                             ator from South Dakota.                                 the so-called American Rescue Plan.                    posedly created and the deficit reduc-
                                                             BUDGET PROPOSAL                         The President’s budget would essen-                    tion his budget will supposedly
                                               Mr. THUNE. Madam President, if a                      tially do the same thing, which means                  produce.
                                             budget is a set of priorities, here are                 our already serious inflation crisis                      But the actual numbers will, again,
                                             the President’s: an expanded Federal                    could get even worse.                                  tell a very different story. The deficit
                                             Government, a diminished national de-                     I mentioned the big spending in-                     reduction the President would like to
                                             fense, higher gas prices, and an open                   creases in the President’s budget. But                 take credit for is partly the result of
                                             border. Those are the priorities re-                    what I actually meant are the big non-                 the end of temporary COVID spending
                                             flected in the budget the President re-                 defense spending increases because,                    measures, which were scheduled to end
                                             leased last week, which contained pret-                 while on paper it may look like the                    whether the President lifted a finger or
                                             ty much what you would expect—more                      President is hiking defense spending,                  not. Our current deficit would have
                                             taxes, more spending, more borrowing,                   his supposed funding increase would be                 been a lot lower if the President hadn’t
                                             and, in all likelihood, more inflation as               effectively canceled out by inflation.                 decided that we needed a partisan $1.9
                                             a result.                                                 When you take into account Demo-                     trillion spending spree last year, a
                                               Big taxes and big spending have been                  crats’ historic inflation, it turns out                spending      spree   entirely—entirely—
                                             the agenda for President Biden since he                 President Biden’s supposed defense                     made up of deficit spending.
                                             took office. After signing a $1.9 trillion              spending increase could actually turn                     When it comes to the President’s 2023
                                             spending spree in March of 2021 that                    out to be a spending cut. Even in the                  budget, the administration claims
                                             helped create the worst inflation in 40                 best-case scenario, his budget would                   ‘‘deficits under the budget policies
                                             years, President Biden spent much of                    leave defense spending essentially flat,               would fall to less than one-third of the
                                             last year pushing for still more spend-                 which would leave our military dan-                    2020 level the President inherited.’’
                                             ing to fund his vision of an expanded                   gerously underfunded. That is a big                       The key phrase there is ‘‘the 2020
                                             Federal Government.                                     problem.                                               level the President inherited.’’ And 2020
                                               In his 2023 budget, it is just more of                  In a rapidly evolving threat environ-                saw a huge but temporary surge in gov-
                                             the same. The President’s budget                        ment, the last thing we can afford is a                ernment spending to deal with the
                                             would increase average yearly spending                  self-inflicted defeat from underfunding                onset of the COVID crisis.
                                             by 66 percent as compared to the aver-                  our military. Given Russia’s war of ag-                   As a result, it is grossly deceptive to
                                             age of the last 10 years. Sixty-six per-                gression in Ukraine and threats to                     take the 2020 deficit as a baseline. A
                                             cent—that is a staggering spending in-                  NATO, an increasingly aggressive                       more honest assessment of the pros-
                                             crease. Yearly Federal spending under                   China, Iran’s nuclear ambitions, North                 pects for deficit reduction under the
                                             the Biden budget would average $7.3                     Korea’s uptick in missile tests, and the               President’s budget would look at pre-
                                             trillion. To put that in perspective, the               Taliban taking over in Afghanistan,                    COVID deficits as a baseline and com-
                                             total average spending in 2019 was $4.4                 among other things, President Biden                    pare the President’s future deficits to
                                             trillion.                                               should be taking national defense                      those, but that wouldn’t suit the Presi-
                                               How is the President going to pay for
                                                                                                     spending at least as seriously as do-                  dent’s purposes.
                                             this, if he even can? Taxes, a lot of                                                                             Now that it has become apparent
                                                                                                     mestic spending, but he is not.
                                             taxes—‘‘the biggest tax increase in his-
                                                                                                       The Biden budget proposal would                      that the American people are not, in
                                             tory in dollar terms,’’ according to
                                                                                                     leave the Army, Navy, Marine Corps,                    fact, thrilled by far-left Democratic
                                             Bloomberg.
                                               The President, of course, attempts to                 Air Force, and Space Force under-                      governance, the President is eager to
                                             sell the tax hikes he is proposing as                   equipped and undermanned and put our                   portray himself as a moderate—hence
                                             something that won’t affect ordinary                    defense planning on a dangerously in-                  his inflated claims of deficit reduction.
                                                                                                     sufficient trajectory.                                    It is the same reason the President is
                                             Americans. That couldn’t be more
                                             wrong.                                                    The President’s budget also fails to                 touting his supposed spending hike on
                                               That corporate tax hike that he                       adequately address border security and                 national defense while conveniently
                                             keeps pushing—one study estimates                       immigration enforcement.                               omitting the fact that when you figure
                                             that 31 percent of the corporate tax is                   Almost since the day the President                   in real inflation, the spending hike
                                             borne by consumers. Another big por-                    took office, we have been experiencing                 may actually be a spending cut.
                                             tion of it is borne by labor, otherwise                 an unprecedented flood of illegal immi-                   No matter how the President tries to
                                             known as ordinary, hard-working                         gration across our southern border. In                 dress it up, his fiscal year 2023 budget
                                             Americans.                                              fiscal year 2021, the Border Patrol en-                is more of the same far-left priorities—
                                               Higher prices, fewer jobs, lower sala-                countered more than 1.7 million indi-                  more taxes, more unnecessary spend-
                                             ries—we can expect to see all that and                  viduals attempting to cross our south-                 ing, and more economic pain for the
                                             more if the President hikes taxes on                    ern border, the highest number ever re-                American people.
                                             companies. And I haven’t even men-                      corded. We have had 12 straight months                    And I hope, I hope my Democratic
                                             tioned the fact that a corporate tax                    of border encounters in excess of                      colleagues will think twice before
                                             hike may end up hurting private pen-                    150,000, and the surge is likely to even               foisting this budget onto hard-working
                                             sions in the value of American’s                        get worse now that the President has                   Americans.
                                             401(k)s.                                                rescinded the title 42 border policy to                   I yield the floor.
                                               Then there are the tax hikes on con-                  immediately deport individuals ille-                      I suggest the absence of a quorum.
                                             ventional energy companies, the com-                    gally attempting to cross the border.                     The PRESIDING OFFICER. The
                                             panies that produce the oil and gas                       What is the President’s answer?                      clerk will call the roll.
                                             that Americans use to heat their                          Well, $150-million cut to the U.S. Im-                  The senior assistant legislative clerk
                                             homes and to drive their cars. Increas-                 migration and Customs Enforcement                      proceeded to call the roll.
                                             ing taxes on fossil fuel companies to                   next year. That is right. We are experi-                  Mr. MARKEY. Madam President, I
                                             the tune of tens of billions of dollars is              encing an unprecedented surge of ille-                 ask unanimous consent that the order
                                             pretty much guaranteed to discourage                    gal immigration, and the President’s                   for the quorum call be rescinded.
                                             the additional energy production we                     budget would cut funding to Immigra-                      The PRESIDING OFFICER. Without
                                             need to drive down gas prices. Iron-                    tion and Customs Enforcement.                          objection, it is so ordered.
                                             ically, the proposals to go after tradi-                  Perhaps the most outrageous thing                           NOMINATION OF KETANJI BROWN JACKSON
                                             tional American energy production                       about the President’s budget is the way                  Mr. MARKEY. Madam President, I




ctelli on DSK11ZRN23PROD with SENATE
                                             come from the same administration                       he misrepresents it. He is now trying                  rise to speak in support of the nomina-
                                             that is releasing oil from the Strategic                to portray himself as somewhat fis-                    tion of Judge Ketanji Brown Jackson
                                             Petroleum Reserve to deal with high                     cally responsible, as if a 66 percent                  to serve as an Associate Justice of the
                                             gas prices. You can’t make this up.                     higher yearly average spending than                    U.S. Supreme Court. When confirmed,
                                               Then there is inflation. Democrats                    the last 10 years could be considered                  Judge Jackson, who currently serves
                                             helped create our current inflation cri-                fiscally responsible. The President is                 on the U.S. Court of Appeals for the



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