06.07.17

Senator David Perdue Calls On Congress To Responsibly Fund Government

Urges Senate to use next 50 days to work towards a bipartisan solution to fix budget process

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke about how Washington’s broken budget and unworkable appropriations process is preventing Congress from responsibly funding our country’s priorities.  

Click here to watch or click on the image below.

Floor Speech 

Highlights:

Totally Broken System: “This is the only enterprise I can find anywhere in the world that funds its operations this way. The problem is we have a system that is absolutely, totally broken. It's a fraud that's being perpetrated on the American people.”

Budget Not Law: “There is no way to solve the debt crisis until we solve the budget process. Right now, the budget process doesn't work for this very reason: the budget itself is not a law. It's a resolution.”

Debating Borrowed Money: “In the next ten years, according to the current CBO baseline budget, we will borrow over 30% of what we spent as a federal government. Discretionary spending over the next 10 years is going to be less than that. What that means is over the last 8 to 10 years, every dime that we've spent on discretionary spending has by definition been borrowed. There is no other way to look at it.”

Debt Is Limiting Opportunities: “I can think of no other call higher than this right now because it risks the things that we need to do: take care of our domestic needs, take care of the people who need the safety net, take care of the legacy programs of Social Security and Medicare, and defend our country. This debt is limiting the opportunities we have and we will not solve that until we address this budget process.”

This Can Be Fixed: “This can be fixed. It’s not that difficult. Several of us have been working behind-the-scenes looking at best practices around the world, in other countries, companies, and even states. What we found is nobody else tries to fund their government the way we try to fund the government.”

Politically Neutral Solution: “We need a politically neutral platform that brings all expenses into the budget process — all $4 trillion today and that would include discretionary and mandatory spending — that the budget becomes a law, which means that we have to get bipartisan support for the budget, and then lastly, if we don't get the budget done by a certain date and don't fund the government by the end of the fiscal year, severe consequences are borne by the people who have the responsibility to fund the government.”

Bipartisanship Needed: “As we go through the next 50 days, I believe we need to look for opportunities on both sides of the aisle to find a bipartisan way to stop this nonsense and get to where we can fund the government in a responsible way each year, not just one year, and get past the past 43 years of total failure in terms of funding the government.”

Time To Act Now: “I can find no other time better than now to raise the question on both sides of the aisle. This is not a partisan conversation, both sides are guilty. Let's come up with a politically neutral platform that would allow both sides to talk about tax increases, spending cuts, and all the responsibility we have in Congress of funding the federal government.”

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