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Senate Proceedings on S. 3373 and H.R. 4346, July 26, 2022 — Congressional Record

Summary

This Senate section of the Congressional Record for Tuesday, July 26, 2022 (S3661 through S3663) records proceedings on the House message to accompany a bill, with pending Schumer motions and amendments to add or modify an effective date. Schumer says the Senate will vote this morning toward final passage of the CHIPS and Science bill, and asks unanimous consent that at 11 a.m. the Senate vote on the motion to invoke cloture on the motion to concur on that legislation. On the PACT Act, Schumer says he filed cloture last night. McConnell, in remarks headed Inflation, says 93 percent of the American people are concerned about inflation.

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“Senate Proceedings on S. 3373 and H.R. 4346, July 26, 2022 — Congressional Record.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2022-07-26-crec-2022-07-26-pt1-pgs3661-7-c882fc3de2/, SHA-256 eef1a784fafd758ebf6606f5b827b4391b1831cba44305699eb72e9bd7b49965.

Full text

                                                                                                Congressional Record
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                                                                                                                                                                     117 th CONGRESS, SECOND SESSION
                                               United States
                                                of America                                       PROCEEDINGS AND DEBATES OF THE


                                             Vol. 168                                                           WASHINGTON, TUESDAY, JULY 26, 2022                                                                        No. 124


                                                                                                                                      Senate
                                               The Senate met at 10 a.m. and was                                           Senate, I hereby appoint the Honorable                  structions, Schumer Amendment No. 5150, to
                                             called to order by the Honorable RAPH-                                        RAPHAEL G. WARNOCK, a Senator from                      add an effective date.
                                                                                                                                                                                     Schumer Amendment No. 5151 (to the in-
                                             AEL G. WARNOCK, a Senator from the                                            the State of Georgia, to perform the                    structions (Schumer Amendment No. 5150) of
                                             State of Georgia.                                                             duties of the Chair.                                    the motion to refer), to modify the effective
                                                                                      f                                                               PATRICK J. LEAHY,            date.
                                                                                                                                                       President pro tempore.        Schumer Amendment No. 5152 (to Amend-
                                                             PRAYER                                                                                                                ment No. 5151), to modify the effective date.
                                                                                                                             Mr. WARNOCK thereupon assumed
                                               The Chaplain, Dr. Barry C. Black, of-                                       the Chair as Acting President pro tem-                        RECOGNITION OF THE MAJORITY LEADER
                                             fered the following prayer:                                                   pore.                                                     The ACTING PRESIDENT pro tem-
                                               Let us pray.                                                                                                                        pore. The majority leader is recog-
                                                                                                                                             f
                                               Holy God, all Your works do praise                                                                                                  nized.
                                             Your Name on the Earth, in the sky,                                             RESERVATION OF LEADER TIME                                             CHIPS ACT OF 2022
                                             and on the sea. Great is Your faithful-                                         The ACTING PRESIDENT pro tem-                           Mr. SCHUMER. Mr. President, this
                                             ness.                                                                         pore. Under the previous order, the                     morning—this morning—the Senate
                                               Stir Your edifying spirit among our                                         leadership time is reserved.                            will draw a clear line in the sand that
                                             Senators, liberating them from short-                                                                                                 America’s chip crisis and America’s
                                                                                                                                             f
                                             sightedness as they work diligently for                                                                                               dwindling commitment to science and
                                             freedom and justice for all. Lord, make                                            CONCLUSION OF MORNING                              innovation will not continue under our
                                             our Senators citizens of Your kingdom                                                      BUSINESS                                   watch. Within the next hour, the Sen-
                                             so that Your will may be done on                                                The ACTING PRESIDENT pro tem-                         ate will vote, finally—finally—to move
                                             Earth, even as it is done in Heaven.                                          pore. Morning business is closed.                       toward final passage of our CHIPS and
                                             Help them to draw near to You with                                                                                                    Science bill. That is what we are call-
                                                                                                                                             f
                                             true hearts and full assurance that                                                                                                   ing it, the CHIPS and Science bill.
                                             their times are in Your hands. May                                                     LEGISLATIVE SESSION
                                                                                                                                                                                   That will put us in a position to finish
                                             this confidence in Your prevailing                                                                                                    the work on this bill before the end of
                                             providence inspire them to pay the                                                                                                    the week. It is a major step for our eco-
                                             price of eternal vigilance for freedom.                                       SERGEANT FIRST CLASS HEATH
                                                                                                                             ROBINSON HONORING OUR PROM-                           nomic security, our national security,
                                               We pray in Your sovereign Name.                                                                                                     our supply chains, and, in fact, for
                                             Amen.                                                                           ISE TO ADDRESS COMPREHEN-
                                                                                                                             SIVE TOXICS ACT OF 2022                               America’s future—for America’s fu-
                                                                                      f                                                                                            ture.
                                                                                                                             The ACTING PRESIDENT pro tem-                           I want to be clear. The proposal we
                                                   PLEDGE OF ALLEGIANCE
                                                                                                                           pore. Under the previous order, the                     are passing this week contains the ma-
                                               The Presiding Officer led the Pledge                                        Senate will resume consideration of                     jority of key science and innovation
                                             of Allegiance, as follows:                                                    the House message to accompany S.                       measures that the Senate passed last
                                               I pledge allegiance to the Flag of the                                      3373, which the clerk will report.                      summer. It will make historic invest-
                                             United States of America, and to the Repub-                                     The senior assistant legislative clerk
                                             lic for which it stands, one nation under God,
                                                                                                                                                                                   ments to scientific research. It will
                                             indivisible, with liberty and justice for all.
                                                                                                                           read as follows:                                        take direct aim at our Nation’s chip
                                                                                                                             House message to accompany S. 3373, a bill            crisis. Alongside the infrastructure law
                                                             f
                                                                                                                           to improve the Iraq and Afghanistan Service             and our recent gun safety bill, among
                                                  APPOINTMENT OF ACTING                                                    Grant and the Children of Fallen Heroes                 others, it is one of the most consequen-
                                                  PRESIDENT PRO TEMPORE                                                    Grant.                                                  tial bipartisan achievements of this
                                               The PRESIDING OFFICER. The                                                      Pending:                                            Congress. I thank all of my Senate col-
                                             clerk will please read a communication                                          Schumer motion to concur in the House                 leagues on both sides of the aisle who
                                             to the Senate from the President pro                                          amendment to the bill.                                  are helping to make this happen.
                                             tempore (Mr. LEAHY).                                                            Schumer motion to concur in the House                   I am confident that future genera-
                                                                                                                           amendment to the bill, with Schumer                     tions will look back on the passage of
                                               The senior assistant legislative clerk
                                                                                                                           Amendment No. 5148 (to the House amend-                 this CHIPS and Science bill as a turn-
                                             read the following letter:                                                    ment to the Senate amendment), to add an
                                                                                             U.S. SENATE,                                                                          ing point for American leadership in
                                                                                                                           effective date.
                                                                                      PRESIDENT PRO TEMPORE,                 Schumer Amendment No. 5149 (to Schumer                the 21st century, but it didn’t come to-
                                                                                      Washington, DC, July 26, 2022.       Amendment No. 5148), to modify the effective            gether overnight. The legislation has
                                             To the Senate:                                                                date.                                                   been several years in the making.
                                               Under the provisions of rule I, para-                                         Schumer motion to refer the bill to the                 In 2019, I approached my Republican
                                             graph 3, of the Standing Rules of the                                         Committee on Veterans’ Affairs, with in-                colleague TODD YOUNG with a proposal




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                                                                     ∑ This ‘‘bullet’’ symbol identifies statements or insertions which are not spoken by a Member of the Senate on the floor.




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                                             S3662                                             CONGRESSIONAL RECORD — SENATE                                                              July 26, 2022
                                             to work together on legislation to re-                     Last year’s bill created the first-ever                 As my colleagues already know, be-
                                             vive America’s commitment to science                     program to cultivate the tech hubs of                  cause of a technical error, the House of
                                             and innovation. Together, we drafted                     tomorrow in regions around the United                  Representatives was unable to take up
                                             the first iteration of many policies we                  States that have enormous potential                    our version of the bill that we passed in
                                             are passing this week, the Endless                       but have largely been overlooked—not                   the spring. The House has now fixed
                                             Frontier Act.                                            the big megalopolises which have a lot                 their error and returned the PACT Act
                                               A year later, I joined with my col-                    of tech in them, like New York City                    back to the Senate. We want to finish
                                             leagues Senators CORNYN and WARNER                       and San Francisco, but smaller regions                 our work on the PACT Act before the
                                             to push for the authorization of new                     that have great talent but have been                   end of the week.
                                             Federal chips initiatives as part of the                 overlooked. They might be in Upstate                      Our Nation’s veterans have waited
                                             NDAA to address our Nation’s growing                     New York. They might be in Indiana                     long enough to get the benefits they
                                             chip shortage.                                           and many other parts of the country.                   need to treat complications from toxic
                                               We all knew that America faced a                       This bill is making sure that happens.                 exposure in the line of duty. So we
                                             choice: We could keep underfunding                         Now, let me be clear. While this bill                have every reason in the world to get
                                             science and innovation and continue to                   contains the two major components of                   this bill done quickly, with the same
                                             let America fall behind our global com-                  the Science and CHIPS bill, there are                  bipartisan support as the first time
                                             petitors, or we could wake up to the                     other major proposals from both sides                  around.
                                             challenges of this century and empower                   that are still being worked on in the                     The need for the PACT Act is beyond
                                             the American people to unleash the                       conference committee. Make no mis-                     question. Burn pits have affected up to
                                             next wave of discovery and scientific                    take that there are many Democrats
                                                                                                                                                             31⁄2 million veterans since 9/11. Yet the
                                             achievement. We knew that if we didn’t                   and Republicans who have provisions
                                                                                                                                                             VA has rejected nearly 80 percent of all
                                             get there first, our rivals—chief among                  that will be contained in the con-
                                                                                                                                                             disability claims connected to burn
                                             them the Chinese Communist Party—                        ference report under Chair CANTWELL’s
                                                                                                                                                             pits. That is unacceptable and must
                                             would likely beat us to the punch and                    leadership, and it is my intention to
                                                                                                                                                             change.
                                             reshape the world in their authori-                      put the conference committee bill on
                                                                                                                                                                I hope Members work together to
                                             tarian image.                                            the floor of the Senate.
                                                                                                        As I said a moment ago, I firmly be-                 fast-track this bill as soon as possible
                                               In February of 2021, less than a
                                                                                                      lieve that passing this bill will be a                 because there is no reason to delay a
                                             month after I became majority leader,
                                                                                                      turning point for American leadership                  measure that the vast majority of Sen-
                                             I directed the chairs and members of
                                                                                                      in this century. The benefits of this                  ators from both parties agree is nec-
                                             our relevant committees to start draft-
                                                                                                      legislation will reverberate across the                essary. Our veterans, their families,
                                             ing    a     legislative    package   to
                                                                                                      country for years and decades to come.                 and our veterans service organizations
                                             outcompete China and create new
                                                                                                        For much of the 20th century, Amer-                  have been urging us to finish work on
                                             American jobs, with the Endless Fron-
                                             tier Act serving as the core of this ef-                 ica was without peer in our commit-                    this bill. Let’s keep our promise to
                                             fort. I also instructed them to draft                    ment to scientific research, to innova-                those valiant servicemembers and send
                                             legislation to rebuild the capacity of                   tion, and to new, cutting-edge manu-                   the PACT Act quickly to the Presi-
                                             the U.S. semiconductor industry. The                     facturing, and it led to tens of millions              dent’s desk.
                                             pandemic made clear with unforgiving                     of good-paying jobs and made the                          I yield the floor.
                                             clarity how America’s chip shortage                      United States the unquestioned eco-                       I suggest the absence of a quorum.
                                             was creating a crisis in our economy                     nomic leader of the world.                                The ACTING PRESIDENT pro tem-
                                             and national security.                                     Today, the story is different. Nations               pore. The clerk will call the roll.
                                               So Members on both sides of the                        around the world are spending tens of                     The senior assistant legislative clerk
                                             aisle—this has been a bipartisan effort                  billions of dollars to secure this cen-                proceeded to call the roll.
                                             from the get-go—got to work. We made                     tury, much like America secured the                       Mr. SCHUMER. Mr. President, I ask
                                             a commitment last February that if                       last one. Sadly, the Federal Govern-                   unanimous consent that the order for
                                             both sides worked together, we would                     ment’s commitment to science has                       the quorum call be rescinded.
                                             bring a bill to the floor for a vote in                  waned in recent decades. In fact, as a                    The ACTING PRESIDENT pro tem-
                                             the spring. And that is what we did,                     percentage of GDP, we spend less than                  pore. Without objection, it is so or-
                                             and we passed the U.S. Innovation and                    half as much as the Chinese Com-                       dered.
                                             Competition Act with overwhelming                        munist Party on basic research—less                                     ORDER OF BUSINESS
                                             bipartisan support in June of 2021.                      than half—which is even more dev-                        Mr. SCHUMER. Mr. President, I ask
                                               A year later, the legislation we are                   astating given China has spent decades                 unanimous consent that at 11 a.m. the
                                             passing this week has many of the                        stealing America’s intellectual prop-                  Senate vote on the motion to invoke
                                             same important measures contained in                     erty.                                                  cloture on the motion to concur with
                                             the bill we worked on last summer. For                     With this bill, that is finally going to             respect to H.R. 4346, the CHIPS and
                                             example, last year’s bill secured his-                   change. We will not only create the                    Science legislation.
                                             toric investments for science and inno-                  good-paying jobs of tomorrow; we will                    The ACTING PRESIDENT pro tem-
                                             vation. This bill does too.                              not only fix our supply chains and                     pore. Without objection, it is so or-
                                               Last year’s bill offered tens of bil-                  bring costs down for American families                 dered.
                                             lions to encourage American chip man-                    with this bill; with this bill, we will re-              Mr. SCHUMER. I suggest the absence
                                             ufacturing and R&D. This bill does                       awaken the spirit of discovery, innova-                of a quorum.
                                             that too and even more with the in-                      tion, invention, and optimism that                       The ACTING PRESIDENT pro tem-
                                             vestment tax credit provisions.                          made America the envy of the world.                    pore. The clerk will call the roll.
                                               Last year’s bill provided funding to                     We don’t mean to let the days of
                                                                                                                                                               The senior assistant legislative clerk
                                             help build a wireless communications                     American leadership end on our watch.
                                                                                                                                                             proceeded to call the roll.
                                             supply chain to counter Huawei. This                     We don’t mean to see America become
                                                                                                                                                               Mr. MCCONNELL. Mr. President, I
                                             bill does too.                                           a middling nation in this century. We
                                                                                                                                                             ask unanimous consent that the order
                                               Last year’s bill created the National                  mean for America to lead this century.
                                                                                                                                                             for the quorum call be rescinded.
                                             Science Foundation tech directorate                      For that reason, I urge my colleagues
                                                                                                                                                               The ACTING PRESIDENT pro tem-
                                             and provided funding to the Depart-                      to give a resounding vote ‘‘yes’’ on clo-
                                                                                                                                                             pore. Without objection, it is so or-
                                             ment of Energy National Labs to help                     ture at 11 a.m. today.
                                                                                                                                                             dered.
                                             compete with foreign rivals in key                                            PACT ACT
                                                                                                                                                                   RECOGNITION OF THE MINORITY LEADER
                                             technologies like AI and quantum com-                      Mr. President, now on the PACT Act,




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                                             puting. This bill does too.                              last night, I filed cloture to prepare the               The Republican leader is recognized.
                                               Last year’s bill made major new in-                    Senate to once again pass the PACT                                         INFLATION
                                             vestments in Manufacturing USA and                       Act, the largest and most important                      Mr. MCCONNELL. Mr. President, 93
                                             the Manufacturing Extension Partner-                     expansion of veteran healthcare bene-                  percent of the American people are
                                             ship to strengthen domestic supply                       fits in decades and a bipartisan issue to              concerned about inflation; 42 percent
                                             chains. This bill does too.                              the core—another bipartisan issue.                     say they are struggling just to stand



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                                             July 26, 2022                                     CONGRESSIONAL RECORD — SENATE                                                                      S3663
                                             still financially; 63 percent say that                   missiles into Ukraine’s arsenal. If                    keep pace with Democrats’ own infla-
                                             gas prices, inflation, bills, or the econ-               Ukraine had had weapons like these                     tion, and Senate Democrats are giving
                                             omy are their biggest concerns. That is                  earlier, the blockade of Odesa could                   short shrift to the need for a strong, bi-
                                             because 100 percent of the American                      have been prevented in the first place.                partisan Defense authorization bill.
                                             people live in a country experiencing                      The Biden administration says its de-                  Russian aggression isn’t the only
                                             the worst inflation in more than 40                      cision making throughout the process                   threat to American interests today.
                                             years, and 100 percent of the American                   has been deliberate and nuanced. His-                  Rogue states like Iran and North Korea
                                             people live in a country where things                    tory will likely judge otherwise. The                  continue to march toward devastating
                                             did not have to be this bad but for                      months before Putin’s escalation clear-                weapons. China’s provocative behavior
                                             Democrats’ deliberate policy choices.                    ly called for boldness and resolve, to                 in the Indo-Pacific continues to raise
                                               Don’t take it from me. Listen to                       say nothing of the months since. But,                  the stakes for long-term competition.
                                             Larry Summers, Treasury Secretary to                     too often, the administration’s first in-                So there is no time—no time—to
                                             President Clinton and NEC Director to                    stincts have been to plot along slowly                 waste on either of these measures—nei-
                                             President Obama. Here is what Larry                      and vacillate.                                         ther the Sweden and Finland protocols
                                             Summers had to say:                                        The Ukrainians have fought bravely                   nor a strong, bipartisan NDAA. We
                                               There wouldn’t have been nearly the same               to stop Russia’s advance despite being                 need to do all three as soon as possible.
                                             kinds of supply chain problems . . . if we               undermanned and outgunned. Just                          The ACTING PRESIDENT pro tem-
                                             weren’t giving people who were laid off un-              think what they could have accom-                      pore. The Senator from Nevada.
                                             employment insurance that was far more                   plished if the West had acted boldly to                  UNANIMOUS CONSENT AGREEMENT—H.R. 1892
                                             than the salaries they had been earning . . .            support Ukraine as storm clouds were
                                             if we weren’t mailing checks willy-nilly . . .                                                                    Ms. ROSEN. Mr. President, I ask
                                                                                                      first gathering, or right away when the                unanimous consent that if the Senate
                                             there would have been less spending, that
                                             would have meant less bottlenecks.                       storm broke.                                           receives a message from the House that
                                                                                                        But, now, no one should need a re-
                                               He continued:                                                                                                 it has passed H.R. 1842, and if the text
                                                                                                      minder of the far-reaching impacts of
                                               Printing money and distributing it well                                                                       of that bill is identical to S. 697, that
                                                                                                      the war in Ukraine. Our eastern flank
                                             ahead of the supply of goods is a prescription                                                                  the bill be considered read three times
                                                                                                      allies certainly don’t. They have been
                                             for inflation—and that’s what we did. We in-                                                                    and the Senate vote on passage of the
                                             jected enough money into the economy to                  preparing to defend themselves lit-
                                                                                                                                                             bill without intervening action or de-
                                             make total spending grow at an 11.6 percent              erally for generations, and from the be-
                                                                                                                                                             bate, and that the motion to reconsider
                                             rate last year. When you have 11.6 percent               ginning of Russia’s latest offensive,
                                                                                                                                                             be considered made and laid upon the
                                             growth rate in spending, then on any reason-             they have reached deep into their own
                                             able theory of how much capacity there is,
                                                                                                                                                             table.
                                                                                                      inventories to help equip Ukraine.
                                             you’re going to have a lot of inflation. And                                                                      The ACTING PRESIDENT pro tem-
                                                                                                        Elsewhere in Europe, treaty allies
                                             that’s what we did.                                                                                             pore. Without objection, it is so or-
                                                                                                      have finally taken an important lesson
                                               That is a top Democrat talking, but                                                                           dered.
                                                                                                      about investing in deterrence and self-
                                             he is intellectually honest. He tried to                                                                                         CHIPS ACT OF 2022
                                                                                                      defense to heart. Countries like Ger-
                                             advise Washington Democrats not to                       many have made historic commit-                          Ms. ROSEN. Mr. President, for
                                             dump nearly $2 trillion onto the econ-                   ments to increase military spending.                   months, our country has experienced a
                                             omy, but, of course, they didn’t listen.                 The Germans, Swedes, and others have                   severe computer chip shortage, one
                                             And now working families are stuck                       also broken historic precedent to share                that has impacted nearly every Amer-
                                             with skyrocketing costs and bills as a                   their stockpiles with Ukraine.                         ican industry and increased costs for
                                             consequence.                                               And, of course, Russia’s war has led                 nearly every American. From cell
                                               You would think the worst inflation                    other major European states to an-                     phones to cars to televisions, even our
                                             in 40 years would be enough to con-                      nounce their intention to join the                     refrigerators and washing machines—
                                             vince Democrats to stop running these                    ranks of the strongest alliance in world               products we use every day—well, they
                                             painful experiments on American fami-                    history. Last week, our colleagues on                  need computer chips to function.
                                             lies. But, if you can believe it, almost                 the Foreign Relations Committee ad-                      They are also used in critically im-
                                             every House and Senate Democrat                          vanced the necessary protocols to rat-                 portant technology like the medical
                                             would like to follow up this historic in-                ify Sweden and Finland’s accession to                  equipment at our hospitals and the
                                             flation with massive new tax hikes.                      NATO. There is now nothing pre-                        technology used by our military. This
                                             The same people who spent us into in-                    venting the Democratic leader from                     is why the computer chip shortage we
                                             flation want to tax us all the way into                  calling these measures up for imme-                    are facing is a critical economic and
                                             recession.                                               diate consideration and passage by the                 national security issue. It has caused
                                               So let’s hope this small handful of                    full Senate. The legislatures of other                 prices to rise, contributed to supply
                                             Democrats who see the insanity of this                   NATO allies like Canada, Norway, Po-                   chain issues, and limited the avail-
                                             approach continue to stand strong for                    land, and Germany have already rati-                   ability of many products, something
                                             our country.                                             fied them.                                             that anyone who has tried to buy or
                                                                  UKRAINE                               The United States would be fortunate                 rent a car over the past couple of years
                                               Mr. President, on an entirely dif-                     to have two new treaty allies as im-                   knows all too well.
                                             ferent matter, this past Saturday                        pressive and capable as Finland and                      This shortage was directly impacting
                                             brought yet another escalation in Rus-                   Sweden. Both countries’ high-tech                      hard-working families and the busi-
                                             sia’s brutal war in Ukraine. The ink                     economies and extensive American-                      nesses that support jobs across our Na-
                                             had barely dried on a deal securing safe                 made systems will improve the alli-                    tion.
                                             passage for Ukrainian grain exports                      ance’s interoperability and instantly                    It has hurt companies that employ
                                             when Russian missiles hit the port city                  improve the state of burden-sharing                    people in my State of Nevada, like
                                             of Odesa.                                                the day they come in.                                  Varian Medical Systems, which uses
                                               Ukraine produces one-fifth of the                        American leadership in the world has                 computer chips to manufacture cancer-
                                             world’s high-grade wheat. Russia’s                       made possible the peace and security                   fighting and other critical medical
                                             Black Sea blockade and the destruc-                      our country enjoys today. That leader-                 technologies. This shortage is impact-
                                             tion of Ukraine’s crops have left vul-                   ship is helping encourage our allies to                ing lives and likelihoods.
                                             nerable regions of the world literally                   make sufficient investments in their                     For decades, America was a global
                                             on the verge of crisis. But Vladimir                     own capabilities to face down the                      leader in manufacturing and innova-
                                             Putin only managed to resist the urge                    shared threats, but American leader-                   tion; but over the years, we outsourced




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                                             to commit senseless violence for about                   ship is only as strong as our willing-                 the production of computer chips to
                                             24 hours.                                                ness to make robust investments in our                 countries like China, costing us mil-
                                               Now, the fact that Putin was even                      own capabilities.                                      lions of potential American jobs and
                                             compelled to negotiate was thanks to                       President Biden has submitted a de-                  increasing our reliance on foreign na-
                                             the introduction of HIMARS long-                         fense budget request that fails to keep                tions for technology that is critical—
                                             range rockets and Harpoon anti-ship                      pace with growing threats and fails to                 critical for our national security and



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                                             S3664                                             CONGRESSIONAL RECORD — SENATE                                                        July 26, 2022
                                             for our safety. All of this has been ex-                    Unfortunately, it long ago became                   established. One of the main reasons
                                             acerbated by a global pandemic and the                   clear that was wishful thinking on the                 we are in the midst of this inflation
                                             war in Ukraine.                                          President’s part. Far from being tem-                  crisis is Democrats’ decision to pass a
                                               We can’t afford to wait any longer to                  porary, inflation has become a fact of                 massive partisan $1.9 trillion spending
                                             bring manufacturing of computer chips                    life in the Biden economy.                             bill last March under the guise of
                                             back to the United States. The Senate                       Last month, inflation hit its highest               COVID relief, despite the fact that Con-
                                             will be voting on bipartisan legislation                 level yet under President Biden, climb-                gress had just passed a fifth bipartisan
                                             to bring computer chip manufacturing                     ing to 9.1 percent, the worst inflation                COVID bill that met essentially all
                                             back to the U.S. and help existing man-                  in more than 40 years. The impact of                   current pressing COVID needs. Demo-
                                             ufacturers compete, creating thousands                   inflation is being felt in every corner of             crats were warned that their bill would
                                             of new American jobs and enhancing                       our economy. Businesses of every size                  cause inflation; and they proceeded
                                             both our economic and our national se-                   are dealing with the effects of infla-                 anyway. The so-called American Res-
                                             curity.                                                  tion. Small businesses, of course, are                 cue Plan flooded the economy with un-
                                               We will also improve our supply                        being hit particularly hard. And 75 per-               necessary government money, and the
                                             chain, which will help businesses like                   cent of small business owners report                   economy overheated as a result.
                                             Varian Medical Systems, and it will                      inflation has had a negative effect on                   So here we are with Americans strug-
                                             minimize the supply chain disruptions                    the financial health of their business                 gling under the weight of the worst in-
                                             which will ultimately help lower prices                  over the past 6 months. And 75 percent                 flation in 40 years, and Democrats
                                             for consumers. This bill will do so                      report that inflation pressures are get-               want to double down on the spending
                                             much more to spur innovation and in-                                                                            strategy that helped get us into this
                                                                                                      ting worse.
                                             vest in our American economy.                               It is not surprising. Everything from               mess in the first place. That is right.
                                               As the first and only former com-                                                                             Despite the fact that even Democrat
                                                                                                      inputs to transportation to electricity
                                             puter programmer to serve in the U.S.                                                                           economists have stated that the Amer-
                                                                                                      has become more expensive in the
                                             Senate, I am so excited about what this                                                                         ican Rescue Plan helped create our cur-
                                                                                                      Biden economy, and that has a huge
                                             legislation will do for the future of                                                                           rent inflation crisis, Democrats want
                                                                                                      impact on businesses’ ability to pay
                                             American technology and innovation.                                                                             to pass another massive government
                                                                                                      their expenses and run their oper-                     spending bill filled with excessive
                                             It will establish a first-of-its-kind ef-
                                                                                                      ations.                                                spending and tax hikes—a trillion dol-
                                             fort to accelerate our development of                       As one South Dakota business owner
                                             critical technologies, like artificial in-                                                                      lars in tax hikes in recent discussions.
                                                                                                      who wrote to me noted:                                   Apparently, Democrats are not con-
                                             telligence, quantum computing, and
                                                                                                        It makes it hard for me to grow my USA-              tent with spending us into an inflation
                                             advanced manufacturing. We will in-                      made business when I don’t have the funds to
                                             vest heavily in STEM education and in                                                                           crisis, they would also like to tax us
                                                                                                      pay my employees more, add more benefits,
                                             our cybersecurity workforce. And it                                                                             into a recession. There is already rea-
                                                                                                      purchase more machinery, and buy more ma-
                                             will help build regional technology                      terial in buck as inflation continues to rise.         son to worry about the negative eco-
                                             hubs all across this country to spark                                                                           nomic impacts of new climate meas-
                                                                                                        Farmers and ranchers in my State                     ures the President is contemplating
                                             innovation.                                              are also struggling. As of March, the
                                               I am also so proud that this bill in-                                                                         imposing, but on top of that, Demo-
                                                                                                      price of fertilizer had risen to an as-                crats want to spend even more govern-
                                             cludes bipartisan provisions that I                      tounding 162 percent since January
                                             worked on in the committee that wrote                                                                           ment money and impose a trillion dol-
                                                                                                      2021. The prices of two common herbi-                  lars in tax hikes, a substantial part of
                                             the bulk of the legislation, which in-
                                                                                                      cides have risen more than 50 percent                  which would fall on small businesses.
                                             cludes these: my bipartisan Rural
                                                                                                      since last year. And the price of diesel,                At this rate, there is no telling when
                                             STEM Education Act with Senator
                                                                                                      which powers a lot of farming and                      our inflation crisis will end. Democrats
                                             WICKER to increase access to quality
                                                                                                      ranching equipment, has doubled since                  are so committed to big spending that
                                             STEM education for rural schools so it
                                                                                                      President Biden took office. Farming                   even if their legislation fails this time
                                             is accessible to all of our students no
                                                                                                      and ranching are tough jobs already,                   around, they are already planning to
                                             matter where they live. It also includes
                                                                                                      often with tight margins and a lot of                  run on their big spending agenda in No-
                                             provisions I worked on with Senator
                                                                                                      weather-related risks. Inflation is                    vember.
                                             BLACKBURN to support advanced manu-
                                                                                                      making things exponentially hard.                        I am not sure I would want to try to
                                             facturing workforce development and a
                                                                                                        The list of inflation’s impacts goes                 convince voters to elect me by touting
                                             bipartisan amendment I introduced
                                                                                                      on. For example, last week I talked                    the same spending strategy that helped
                                             with Senator LUMMIS to develop a se-
                                                                                                      about how inflation is affecting our                   land our country in this inflation crisis
                                             cure and reliable critical mineral sup-
                                                                                                      military, which is able to do less with                in the first place. But Democrats’ be-
                                             ply chain.
                                               This historic bipartisan legislation is                the funds appropriated for it, thanks to               lief in big spending is so deeply in-
                                                                                                      soaring prices across the economy.                     grained that it apparently can’t be
                                             just common sense. So let’s build up
                                                                                                      That, in turn, can affect troop readi-                 swayed even when they see the nega-
                                             our communities; let’s strengthen
                                                                                                      ness and the military’s ability to keep                tive consequences.
                                             America’s competitiveness; let’s invest                                                                           It is incomprehensible that Demo-
                                             in American innovation; let’s lower                      up with needed programs and purchases
                                                                                                      from weapons to vehicles to aircraft,                  crats are contemplating doubling down
                                             prices for hard-working families; and                                                                           on the spending strategy that helped
                                             let’s bolster our domestic supply chain.                 and ships.
                                                                                                        Of course, I haven’t even yet men-                   get us in this mess in the first place.
                                             Let’s pass this critical piece of legisla-                                                                      The first spending spree has been a dis-
                                             tion now.                                                tioned the most basic impact of infla-
                                                                                                      tion and that is the misery faced by                   aster for our country, and I can only
                                               The ACTING PRESIDENT pro tem-
                                                                                                      hard-working Americans who confront                    imagine how much Americans would
                                             pore. The Republican whip.                                                                                      suffer from their next one.
                                               Mr. THUNE. Mr. President, I ask                        sky-high prices at the grocery store
                                                                                                                                                               I yield the floor.
                                             unanimous consent that I be able to                      and the gas pump and wonder how they
                                                                                                                                                               The ACTING PRESIDENT pro tem-
                                             speak for up to 15 minutes prior to the                  are going to feed their family this                    pore. The Republican whip.
                                             scheduled rollcall vote.                                 month or whether they will be able to                    Mr. THUNE. Mr. President, I ask
                                               The ACTING PRESIDENT pro tem-                          afford to get to work.                                 unanimous consent that the Senate
                                             pore. Without objection, it is so or-                      Bloomberg reported last week that                    proceed to the scheduled 11 o’clock
                                             dered.                                                   nearly 6 in 10 American workers are                    vote.
                                                                 INFLATION                            concerned that their paychecks won’t                     The ACTING PRESIDENT pro tem-
                                                Mr. THUNE. Mr. President, ‘‘our ex-                   stretch far enough to support them-                    pore. Without objection, it is so or-




dlhill on DSK120RN23PROD with SENATE
                                             perts believe and the data shows that                    selves and their families. Another re-                 dered.
                                             most of the price increases we’ve seen                   cent poll reported that 70 percent of                                   f
                                             . . . [are] expected to be temporary’’—                  Americans have had to cut back on
                                             that is what President Biden said 1                      other spending to afford necessities.                           CLOTURE MOTION
                                             year ago this month, something his ad-                     Life in the Biden economy is grim.                     The ACTING PRESIDENT pro tem-
                                             ministration has repeatedly echoed.                      At this point, how we got here is well-                pore. Pursuant to rule XXII, the Chair



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