07.24.19

Senator David Perdue: Budget Deal Is Reasonable Compromise

“This deal keeps the ball moving on funding the government and avoiding another devastating shutdown or continuing resolution.”

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke on the Senate floor about the budget deal reached by the Trump Administration and congressional leaders, so Congress can begin funding the federal government.

Click here or on the image below to watch.

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Highlights:

Critical Compromise: “This week, the Trump Administration and congressional leaders, including Speaker Pelosi, reached a critical two-year compromise on spending levels and the debt ceiling. Like any compromise, this funding agreement is not perfect. Neither side got everything it wanted.”

Keeps The Ball Moving: “This funding agreement accomplishes three important things. First, it will provide certainty to our military. Second, none of the liberal poison pills or riders actually ended up in this final bill. Third and most importantly, this deal keeps the ball moving on the process of funding the government on time to avoid another devastating shutdown or continuing resolution.”

Biggest Driver Of Debt: “Despite these benefits, this deal highlights two significant problems. These are not new. First, Washington’s funding process is broken. The current system is inefficient and time-consuming. It’s actually only funded the government on time four times since the 1974 Budget Act was put in place 45 years ago. The second problem that this budget deal has highlighted is the most important issue facing our country, in my opinion: the $22 trillion debt crisis. While this deal provides for all discretionary spending, the current budget deal does not include mandatory spending, which is the biggest driver of the debt.”

Save Social Security & Medicare: “The Social Security trust funds go to zero in 16 years. The Medicare trust fund goes to zero in seven years. It is imperative that we save these important programs, but instead Congress has been wrangling over the discretionary budget, which makes up just 30 percent of all spending. The whole situation shows just how short-sighted Washington is. Rather than address the long-term problems facing the country, Congress keeps kicking the can down the road.”

Unnecessary Drama: “This budget deal is a reasonable compromise and we now need to make sure we appropriate to avoid any continuing resolution for our defense funding. Going into next year, now that we have an agreement on the topline for discretionary spending, we need to expedite appropriations to ensure we avoid the unnecessary drama next year.” 

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When Senator Perdue was elected, he was the only Fortune 500 CEO in Congress. He is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.