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Public Statements

Democratic Announcements

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. VITTER. Madam President, I have a very simple, straightforward motion to commit. It would commit the bill back to the Finance Committee for 7 days only with instructions to find savings--cuts--equal to the amount this bill would increase the debt limit--very simple, very straightforward, and very reasonable. This would only take $30 billion to $40 billion a year, which is very doable.

The American people are asking when we are going to turn to the spending side of the equation. President Obama talked all through the campaign about balance. Well, we have had the tax increases. Now we are having the debt increases. When are we going to have any new spending cuts? This would at least start, in a modest way, on some reasonable spending cuts.

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