Senator David Perdue: Congress’s Funding Process Is Broken
“We can do better for the American people, and they demand it.”
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) joins David Westin on Bloomberg TV to discuss the $21 trillion national debt crisis and Congress’s failure to fully fund the government on time.
Click here or on the image below to watch.
Broken Funding Process: “Two days ago, the Senate voted to pass another continuing resolution. This is ridiculous. The Senate got 90% of discretionary spending funded, and now we’re kicking the can down the road. This is totally irresponsible. People in the real world can’t do this, but this is a release valve Congress has used 184 times.”
Real World Consequences: “In business, you don’t have the opportunity to not face tough decisions. Unfortunately, in Congress, you have a release valve, and it’s the insidious continuing resolution. The President is fed up with this process, and frankly so am I. We can do better for the American people, and they demand it. That’s how President Trump got elected, and frankly, it’s how I got elected.”
Bipartisan Budget Solutions: “We fought for the past three years, with the help of former Senators Trent Lott and Tom Daschle, to form a select committee. By November, we will hopefully have a bill to change the way we do this. Congress’s funding process is broken. In the last 44 years, Congress has only fully funded the government on time four times. It’s outrageous, and it’s got to be fixed now.”
Tackling National Debt: “If we don’t get serious, we will get to a point where we can’t deal with our national debt. Social Security, Medicare, and Medicaid need to be saved. They’re the big problems of this runaway expense over the next decade.”
Early Economic Success: “What we have done is turn the tide. Under President Trump’s agenda we are growing the economy. We’ve focused on regulations, energy, tax, and Dodd-Frank. We have released $6 trillion back into the economy. We haven’t even seen the real benefits of that yet, the tax changes are just beginning to kick in.”
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.
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