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Senate Proceeding on Jan 30th, 2008 :: 0:26:38 to 0:36:26
Total video length: 1 hours 42 minutes Stream Tools: Stream Overview | Edit Time

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John Sununu

0:17:21 to 0:26:38( Edit History Discussion )
Speech By: John Sununu

John Sununu

0:26:26 to 0:26:38( Edit History Discussion )

John Sununu: economy. i yield the floor. mr. cornyn: mr. president? the presiding officer: the senator from texas is recognized. mr. corn yn: mr. president, may i inquire how much time remains on our side? the

John Cornyn

0:26:38 to 0:26:53( Edit History Discussion )

John Cornyn: presiding officer: 9 minutes and 37 seconds. mr. cornyn: i thank the chair. i'd also like to express my agreement with the wise words of the distinguished senator from new hampshire and expand on the

John Cornyn

0:26:38 to 0:36:26( Edit History Discussion )
Speech By: John Cornyn

John Cornyn

0:26:53 to 0:27:09( Edit History Discussion )

John Cornyn: theme that he spoke to along with the senator from tennessee earlier. when i was younger and was going to college, i thought i wanted to become a doctor, but that was until i encountered organic chemistry

John Cornyn

0:27:09 to 0:27:22( Edit History Discussion )

John Cornyn: and physics and persuaded me that maybe there was something else out there for me to do. but i didearn about the hippocratic oath, which is what the medical profession takes this oath basically to,

John Cornyn

0:27:22 to 0:27:38( Edit History Discussion )

John Cornyn: first, do no harm. and i think that ought to be one of the things that guides us as we look at how do we deal with this impending challenge with regard to our economic situation here in the united

John Cornyn

0:27:38 to 0:27:53( Edit History Discussion )

John Cornyn: states. i do think that we have started off in a very strong way and would like to express my congratulations to speaker pelosi, republican leader boehner and secretary of the treasury hank paulson,

John Cornyn

0:27:53 to 0:28:08( Edit History Discussion )

John Cornyn: for the work they have done which met with as close to universal approval on a bipartisan basis as you can get in the house of representatives. for what the speaker has called targeted temporary and timely economic

John Cornyn

0:28:08 to 0:28:23( Edit History Discussion )

John Cornyn: stimulus that will hopefully allow us to avoid a recession and, of course, all of the fallout that would result from that, including people out of work and obviously negatively affecting the quality

John Cornyn

0:28:23 to 0:28:38( Edit History Discussion )

John Cornyn: of life for a lot of americans, including my constituents back in texas. i do think we have to look at this as both a short-term issue and a long-term issue. and i hope the kind of bipartisan cooperation

John Cornyn

0:28:38 to 0:28:52( Edit History Discussion )

John Cornyn: and the movement we've seen will start a trend. and i'm encouraged, as you've already heard, by some of the work that's being done on a long-term basis by senator kent conrad and senator judd gregg,

John Cornyn

0:28:52 to 0:29:05( Edit History Discussion )

John Cornyn: both the chairman and the ranking member of the budget committee on which i serve, to deal with the impending long-term crisis of entitlement spending. if we don't do anything in the next 30 years,

John Cornyn

0:29:05 to 0:29:19( Edit History Discussion )

John Cornyn: the only thing that we will have money to spend on here in the -- as part of the federal government is medicaid, medicare, and other entitlement spending, plus interest on the national debt. that's

John Cornyn

0:29:19 to 0:29:34( Edit History Discussion )

John Cornyn: it. we won't have any money to spend on national defense, on research, innovation, education, other things that are very important to the continued prosperity and future of our country. and that is a looming

John Cornyn

0:29:34 to 0:29:51( Edit History Discussion )

John Cornyn: disaster out on the horizon that i hope that we will respond to. we can't afford to take the year off here in congress, because we know we're in an election cycle. we have a presidential election

John Cornyn

0:29:51 to 0:30:04( Edit History Discussion )

John Cornyn: coming up in november, and a third of this body will stand for election as well.~ but as the republican leader, senator mcconnell, has pointed out, we've had an election every two years since 1788 in this country,

John Cornyn

0:30:04 to 0:30:19( Edit History Discussion )

John Cornyn: we're going to have another one in november, and we can't use that as an excuse and sit back and become spectators rather than act as participants to solve the challenges on the economic, security,

John Cornyn

0:30:19 to 0:30:34( Edit History Discussion )

John Cornyn: and all other fronts on both a near-term basis and long-term basis. of course, there are other things i think we need to do to able to restore public confidence in the united states congress and government.

John Cornyn

0:30:34 to 0:30:46( Edit History Discussion )

John Cornyn: and one of the things that you'll be hearing more about is the proposal that we'll be making for a two-year budget. the idea being that as we saw last year that on an annual budget,e basically spend all

John Cornyn

0:30:46 to 0:30:59( Edit History Discussion )

John Cornyn: year in the appropriations process with very little opportunity for oversight of this huge bureaucracy the executive branch of the federal government. and without oversight, we know that bad things

John Cornyn

0:30:59 to 0:31:15( Edit History Discussion )

John Cornyn: can happen. perhaps with oversight bad things can happen. but we can't be asleep at the switch when it comes to the oversight responsibilities we have for the federal government and federal spending. and one

John Cornyn

0:31:15 to 0:31:31( Edit History Discussion )

John Cornyn: example of that, i'd like to point out, is something that my colleagues have heard me comment on before, but is this a web site called, expectmore.gov. and i hope people who are within hearing of what

John Cornyn

0:31:31 to 0:31:43( Edit History Discussion )

John Cornyn: i'm saying here today will take a chance -- an opportunity to look at this, expectmore.gov. this is a web site created which demonstrated, reviewed by the office of management and budget of over 1,000 federal

John Cornyn

0:31:43 to 0:31:57( Edit History Discussion )

John Cornyn: programs. and you know what they found out is that 22% of those programs are either ineffective or else what may be even worse, they weren't able to tell one way or the other whether they were

John Cornyn

0:31:57 to 0:32:11( Edit History Discussion )

John Cornyn: effective as congress intended or not. 22% of a thousand different programs. and yet congress has done virtually nothing to eliminate those ineffective programs or to make sure those that could be improved

John Cornyn

0:32:11 to 0:32:27( Edit History Discussion )

John Cornyn: and could be effective are, in fact, improved and the problems corrected. and so i would hope that we would use this as an opportunity to deal with our budgetry problems both on the near term and long term.

John Cornyn

0:32:27 to 0:32:37( Edit History Discussion )

John Cornyn: i proposed another initiative after the sunset commission that exists in my state and exists in a number of other states where periodically we would go back and look at the very reason for existence of federal

John Cornyn

0:32:37 to 0:32:52( Edit History Discussion )

John Cornyn: programs. in my state the sunset commission has been very effective in allowing the state legislature to look at programs, government programs, to determine whether they're still needed and to start

John Cornyn

0:32:52 to 0:33:11( Edit History Discussion )

John Cornyn: at a zero base budget and to force these -- these agencies to justify their budget rather than what happens here in washington is that things tend to grow and grow and grow, they develop their own constituency

John Cornyn

0:33:11 to 0:33:23( Edit History Discussion )

John Cornyn: and then a bureaucracy that has a vested interest in their growth and proliferation. and there's very little impedestrianus, -- impetus, very little for congress to have ineffective and necessary programs.

John Cornyn

0:33:23 to 0:33:36( Edit History Discussion )

John Cornyn: so i hope that we will continue this early spirit of bipartisan cooperation on the emergency stimulus package that came out of the house, and we will do more to carry up this -- or to carry on this

John Cornyn

0:33:36 to 0:33:50( Edit History Discussion )

John Cornyn: trend when it comes to dealing with our mid and long-term economic problems. not for ourselves, but for our children and for our grandchildren. i would say, mr. president, that there's things in the economic

John Cornyn

0:33:50 to 0:34:05( Edit History Discussion )

John Cornyn: stimulus package that came out of the house that i have some questions about. but i do agree that it's important for the confidence building in the markets and to demonstrate that we're actually capable of

John Cornyn

0:34:05 to 0:34:18( Edit History Discussion )

John Cornyn: acting when action is required that we act on a timely basis to pass this house-passed measure. i believe there were only 35 votes against the house stimulus package yesterday. as iaid earlier, that

John Cornyn

0:34:18 to 0:34:30( Edit History Discussion )

John Cornyn: represents an overwhelming bipartisan support for this negotiated product. i know there are members of the senate, myself included, who have some other ideas about -- about what we might able to do

John Cornyn

0:34:30 to 0:34:46( Edit History Discussion )

John Cornyn: to improve that. the problem is, as we all know under the rules of the senate, it's basically a free-for-all once that bill comes to the senate floor, and there could be numerous amendments, there

John Cornyn

0:34:46 to 0:34:57( Edit History Discussion )

John Cornyn: could be filibusters, there could be other delays, which i think are dangerous, indeed, when a timely response is called for in terms of this targeted, temporary stimulus package. so my -- my conclusion

John Cornyn

0:34:57 to 0:35:07( Edit History Discussion )

John Cornyn: is that i think we're better off and the country's better off in the long run showing that we can act on a prompt basis by passing the house version. now, that does not mean that we can take the

John Cornyn

0:35:07 to 0:35:21( Edit History Discussion )

John Cornyn: rest of the year off or we don't have to be responsive to other concerns that arise, as i indicated earlier. if there are other things that we need to do, then i think there are other opportunities

John Cornyn

0:35:21 to 0:35:35( Edit History Discussion )

John Cornyn: for us to do them. but i do think it is important early on in the year to demonstrate our commitment to working together to solve america's problems. i saw a poll the other day that said 98% of

John Cornyn

0:35:35 to 0:35:47( Edit History Discussion )

John Cornyn: theespondents were sick and tired of the bickering and partisanship that they see in congress. i was just shocked that anybody would have to take a poll to conclude that and why it wasn't 100% rather

John Cornyn

0:35:47 to 0:36:02( Edit History Discussion )

John Cornyn: than 98%. there is a a chance to act and i hope that we do act to deal with the economic challenge that we face in the markets and in the long term to make sure that the prosperity that we enjoy

John Cornyn

0:36:02 to 0:36:26( Edit History Discussion )

John Cornyn: thanks to our parents and grandparents will be handed down to our children and grandchildren. mr. president, i yield the floor floor. a senator: mr. president? the presiding officer: the senator from

Johnny Isakson

0:36:26 to 0:36:39( Edit History Discussion )

Johnny Isakson: georgia's recogniz ed. a senator: mr. president, i would like to be request to be recognized for 20 minutes as if in morning business and. the presiding officer: is there objection? woib. mr. isakson:

Johnny Isakson

0:36:26 to 0:42:42( Edit History Discussion )
Speech By: Johnny Isakson

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