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Senate Proceeding on Mar 18th, 2010 :: 2:53:00 to 2:58:35
Total video length: 10 hours 12 minutes Stream Tools: Stream Overview | Edit Time

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Mark Pryor

2:52:56 to 2:53:18( Edit History Discussion )

Mark Pryor: so i -- i tha gillibrand for her mr. gillibrand: i thank the chairman. a senator: madam president? the presiding officer: the senator from arkansas. mr. pryor: madam president like to just amendment here for a few minutes. really somewhat in response to senator sessions but really more to just ask my colleagues to please consider voting for the

Mark Pryor

2:53:00 to 2:58:35( Edit History Discussion )
Speech By: Mark Pryor

Mark Pryor

2:53:19 to 2:53:40( Edit History Discussion )

Mark Pryor: pryor amendment. this reminds me conversation i had a few years ago with a friend of mine in arkansas and he's kind of a member of the deficits don't matter club. and he just -- this is probably six years ago, i was a pretty new senator here and he -- he just -- i said, look, we have to start to get this thing turned

Mark Pryor

2:53:41 to 2:54:01( Edit History Discussion )

Mark Pryor: around, some of the, you know, policies that we've done here just are not good, not sustainable for the country. and i mean, he told me back then that deficits don't matter. and where i disagree with him or i disagree with others like that, i said look, any time any of us walk in to a bank or some other financial institution a

Mark Pryor

2:54:02 to 2:54:22( Edit History Discussion )

Mark Pryor: want to borrow money, the first question they ask is, how are you going to pay it back? that's what they want to know, how are you going to pa pay it back if the problem we've had around here for years now is that we have no plan to pay this money ck, none. we have no plan to pay this money back and that's why we're

Mark Pryor

2:54:23 to 2:54:43( Edit History Discussion )

Mark Pryor: just pushing it off down the road to where, you know, we don't have to make the hard decisions. but i want to tell you right now, our children and grandchildren will -- do not appreciate what we areoing to them. we have to take responsibility for us living beyond our means. and the way i look at this is

Mark Pryor

2:54:44 to 2:55:06( Edit History Discussion )

Mark Pryor: th have lived beyond our means. our government has done that. corporate america has done that. there's too much debt in corporate america. we've seen that over the last year and a half. and also individuals and families have done that. we've done that on just a personal basis with too much debt. and we all need to take responsibility, we all need to mana that and manage our way

Mark Pryor

2:55:07 to 2:55:29( Edit History Discussion )

Mark Pryor: out of that situation. and my amendment basically, as much as anything, it communicates the -- to the american public, it communicates to the global economy, it communicates to all the economists and all these experts on wall street and these other places all around the world, it communicates that we're capable

Mark Pryor

2:55:30 to 2:55:50( Edit History Discussion )

Mark Pryor: of making these difficult decisions and that we are willing to make the hard calls in order to get this done. and i know that one of the criticisms that we're going to have on the pryor amendment is, well, it may lead to taxes. and certainly i hope it doesn't. but we have to be willing in

Mark Pryor

2:55:51 to 2:56:11( Edit History Discussion )

Mark Pryor: this chamber and in that chamber down the hall and at 1600 pennsylvania avenue, we have to be willing to make these hard choices, the that's what we call leadership. and that's what we call democracy. people elect us to come to washington to make difficult calls. the easiest thing that we can do is to -- to be fiscally

Mark Pryor

2:56:12 to 2:56:33( Edit History Discussion )

Mark Pryor: irresponsible. it's like in our own personal house, hey, i'd love to have bass boat, you know? i'd love to buy a new car every year. i'd love to have a lake house. but i can't afford those things. in thisation, we've got tone the point where we can't afford to have it all -- gotten to the point where we can't afford to have it all. and the pryor amendment really

Mark Pryor

2:56:34 to 2:56:55( Edit History Discussion )

Mark Pryor: gets us back in the zone where we can manage this fiscal picture that we have. and hopefully what we can do is over the next 10, 12, 15 years, however lon it's going to take, we can actually get back to sulus and make a significant dent in paying off the national debt. i just think we have to do that and i think it's imperative that

Mark Pryor

2:56:56 to 2:57:17( Edit History Discussion )

Mark Pryor: we start now. and that's what the pryor amendment is b. and really, the -- pryor amendment is about. and, really, the biggest advantage over the mccaskill amendment, and again, i have respect for the two senators, they've been work on this for a long time, but i think the limitation of their amendment and really the big short fall

Mark Pryor

2:57:18 to 2:57:39( Edit History Discussion )

Mark Pryor: there is that it only deals with discretionary spending and that is a -- as i showed you earlier in the pie charts, that's a very small piece of the fiscal pie. we need to put it all on the table and we need to show the american public that we're serious. we need to show them that we are willing to take this on, that we

Mark Pryor

2:57:40 to 2:58:01( Edit History Discussion )

Mark Pryor: have the discipline it requires to restore fiscal responsibility here in this government, that we can reduce the deficit and that we can return our nation once again back to a fiscally sound path. and that's really what this issue's about today, and i would very strongly encourage members on both sides of the aisle to

Mark Pryor

2:58:02 to 2:58:22( Edit History Discussion )

Mark Pryor: look at the pryor amendment. i' encourage to you vote for mine. i think it's a more comprehensive approach than senator sessions and senator mccaskill. like i said, i voted for that one twice before in previous iterations of it. it's changed a little bit. but i did vote for it before, but i've just come to the conclusion that we need a we need to put it all on the

Mark Pryor

2:58:23 to 2:58:35( Edit History Discussion )

Mark Pryor: table and we need to show the leadership, this -- this country is crying out for leadership. we need to show the leadership on this issue and show people that we're serious and we're willing to do what it takes in order to get this done.

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