Senate Proceeding 07-30-09 on Jul 30th, 2009 :: 0:48:25 to 0:50:15
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0:48:21 to 0:48:41( Edit History Discussion )

David Vitter: we can meet the needs that the -- my colleagues are asking to meet out of the funds we have. -- we have already out there. it's the kind of decisions if we don't start making soon, we're going to have a real problem and debt has gone from $5 trillion this year to $11 trillion five years from now t

0:48:25 to 0:50:15( Edit History Discussion )
Speech By: David Vitter

0:48:42 to 0:49:03( Edit History Discussion )

David Vitter: to $17,000,000,000,010 years from now, the total debt of america according to the scori of the president's own budget. i thank the chair and would yield the floor. the presiding officer: uer the previous order there are two minutes equally divided on vitter mr. vitter: mr. president? the presiding officer: the

0:49:04 to 0:49:24( Edit History Discussion )

David Vitter: senator from louisiana. mr. rise and urg support of the vitter amendment. the vitter amendment simply moves $7 billion from the stimulus. less than 1% of the original stimulus program to backfill and take care of the

0:49:25 to 0:49:46( Edit History Discussion )

David Vitter: highway trust fund. this is important to do for two reasons. first of all, we need to stop the reckless borrowing. we're borrowing ourselves into oblivion, we're borrowing our children into poor economic times and we need to reverse that trend.

0:49:47 to 0:50:09( Edit History Discussion )

David Vitter: the underlying bill fixes the hole in the highway trust fund simply by racking up more and that's why there is a budget point of order against it. so we need to stop this never-ending upward spiral of borrowing. number two, by doing this, we can focus a little bit of the stimulus on something think we all think it needs to

0:50:10 to 0:50:15( Edit History Discussion )

David Vitter: be focused on, infrastructure spending and spending now versus later. this will move the $7 billion