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Senate Proceeding 03-15-11 on Mar 15th, 2011 :: 0:35:00 to 0:39:40
Total video length: 4 hours 57 minutes Stream Tools: Stream Overview | Edit Time

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David Vitter

0:34:57 to 0:35:17( Edit History Discussion )

David Vitter: it doesn't matter to me in what order. mr. inhofe: all right. why don't we -- i ask unanimous consent that he be recognized for his amendment and we set aside our amendment temporarily and then we'll get senator johanns amendment after that. ms. landrieu: okay. the presiding officer: is there objection? without objection, so ordered. mr. vitter: mr. president? the presiding officer: the senator from louisiana. vitter vit particulars mr. president. thanks to my colleagues for their --

David Vitter

0:35:00 to 0:39:40( Edit History Discussion )
Speech By: David Vitter

David Vitter

0:35:18 to 0:35:38( Edit History Discussion )

David Vitter: mr. vitter: thank you, mr. president. thanks to my completion for their cooperation and courtesy. i do move to temporarily set aside the pending amendment and to call up vitter amendment 178. the presiding officer: is there objection? without ob the clerk will report. the clerk: the senator louisiana, mr. vitter, offers

David Vitter

0:35:39 to 0:35:59( Edit History Discussion )

David Vitter: amendment 178. mr. vitter: i ask reading be dispensed with. the presiding officer: without objection, so ordered. mr. vitter: right before work i laid out the groundwork for this amendment. let me summarize. that is series of amendments that conservatives are bringing to the floor that go to our central challenge of reining in uncontrolled spending and debt.

David Vitter

0:36:00 to 0:36:21( Edit History Discussion )

David Vitter: mr. president, clearly, we face a monumental challenge in this country from the fact that we are on an unsustainable path right now of federal spending and debt and clearly this endangers our future. we're used to talking as if -- talking about it as a threat to our kids and grandkids, something that will come home to

David Vitter

0:36:22 to 0:36:43( Edit History Discussion )

David Vitter: roost years from now. mr. president, sadly, in the last several years it has grown to much more than that. it is such an unsustainable path that it yields the possibility of a crisis within weeks or months or a couple of years. and so we cannot kick the can down the road.

David Vitter

0:36:44 to 0:37:05( Edit History Discussion )

David Vitter: we cannot fail to act now. we must change the fiscal path we're on to protect not just future generations but our country as we know it right now. and so in that spirit, a number of fiscal conservatives are coming to the floor to offer spending and debt amendments, and i'm honored to be associated with that group.

David Vitter

0:37:06 to 0:37:26( Edit History Discussion )

David Vitter: you'll see other senators come down -- senators cornyn and rubio, senators demint and paul and others -- with other spending and debt amendments. amendment number 178, mr. president, is a very simple, straightforward idea. it would mandate that the federal government, in an

David Vitter

0:37:27 to 0:37:47( Edit History Discussion )

David Vitter: orderly way, begin to get rid of billions and billions of unused or underused federal property. mr. president, there have been many studies on this topic. they all come to the same bottom line:, which is that the federal government owns many tens of

David Vitter

0:37:48 to 0:38:10( Edit History Discussion )

David Vitter: billions of unused or underused federal property. that is not only -- not only represents assets that could be liquidated to yield money to the federal treasury but, as long as we hold on to it as a federal government, it represents enormous ongoing cost to simply maintain and deal with this

David Vitter

0:38:11 to 0:38:31( Edit History Discussion )

David Vitter: unused federal property. the office of management and budget says there are over 46,000 underutilized properties, but almost 19,000 completely unused properties. estimated value between the two categories $83 billion. that could be liquidated, that

David Vitter

0:38:32 to 0:38:54( Edit History Discussion )

David Vitter: money brought to the treasury. but also, in the meantime, if we don't do that that's actually costing us money in terms of upkeep, mowing the grass, if you will, and a lot more other and expensive upkeep. so this amendment, mr. president, is very simple and straightforward to require the federal government to sell

David Vitter

0:38:55 to 0:39:16( Edit History Discussion )

David Vitter: off or demolish this property and help contribute in a limited way but on important way to get us on a different, more sustainable fiscal path. again, mr. president, i commend this amendment to all of my colleagues, democrats and republicans, and i also say that it is part of a broader effort

David Vitter

0:39:17 to 0:39:37( Edit History Discussion )

David Vitter: on this bill, on other bills i'm sure in the future, to get us on a dink fiscal path. -- on a different fiscal path. and we'll be seeing in the next several days, senators coming to the floor with this set of fiscal amendments to nudge, push, pull, anything we can do,

David Vitter

0:39:38 to 0:39:40( Edit History Discussion )

David Vitter: this body and the congress, in

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