Senate Proceeding on Sep 16th, 2009 :: 6:17:25 to 6:24:15
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6:17:25 to 6:17:45( Edit History Discussion )

Jeff Sessions: somebody that's getting the message, both from my own study of what's occurring he, being on the budget committee; and from what i'm hearing from my they say it's time for you guys to we're upset why shouldn't they be upset? somebody came at a town meeting

6:17:25 to 6:24:15( Edit History Discussion )
Speech By: Jeff Sessions

6:17:46 to 6:18:07( Edit History Discussion )

Jeff Sessions: and they weren't -they were a little hot with their congressman or their senator. are we supposed to think that this is a threat to democracy when we've got this kind of behavior going on in the congress? they ought to be hot. there's every reason to be hot. we do not need to be doing this. and you say, well, we're having

6:18:08 to 6:18:28( Edit History Discussion )

Jeff Sessions: a hard time senator. we ought to spend a little money now to get this thing going. the out-year budget projections, according to the congressional budget office, assume robust growth. i think -- in ten, they were projecting 4% growth.

6:18:29 to 6:18:49( Edit History Discussion )

Jeff Sessions: we're not going to have 4% growth f we don't have 4% growth, we're going to have larger deficits than they're projected on at matter. and in the outer years, they're projecting solid 2%, 3% growth out there. no recession in so this is not a based on an assumption of a

6:18:50 to 6:19:12( Edit History Discussion )

Jeff Sessions: recession, putting kind of debt. and our basic -- how much do we spend each year? well, it's about $3 trillion. that's how much $1 and we've got,

6:19:13 to 6:19:35( Edit History Discussion )

Jeff Sessions: and we've got1.8 trillion in debt this year. we will be short this year $1.8 trillion. we'll spend $1.8 trillion more than we take in.

6:19:36 to 6:19:57( Edit History Discussion )

Jeff Sessions: that's and those are t cause us to think about what we are doing. we've never done it before, nothing like this ion't think in -- except maybe the life-and-death struggle in world war ii when people all er the country were drafted. but i would note this:

6:19:58 to 6:20:20( Edit History Discussion )

Jeff Sessions: 43 cents out of every dollar that we're spending this year is borrowed. that is not acceptable. this whole budget you've heard from administration officials, from alan greenspan and other experts, this whole budget picture is unsustainable.

6:20:21 to 6:20:41( Edit History Discussion )

Jeff Sessions: that's what they say. tv writers say it's an unsustainable debt cycle we're in. well, let me ask this: what does "unsustainable" mean? it means just that; it cannot be

6:20:42 to 6:21:03( Edit History Discussion )

Jeff Sessions: allowed to yet, according to the congressional budget office analysis, the deficit in the 10 designate -- airport, when are you going to start paying it down, like i have to do in my house with my credit card, my mortgage?

6:21:04 to 6:21:26( Edit History Discussion )

Jeff Sessions: e answer is, there is no prospect of paying it la deficit we've had -- $450 billion in one will be $1,800 in the next ten years, according to c.b.o., the least deficit we'll have, they're projecting

6:21:27 to 6:21:49( Edit History Discussion )

Jeff Sessions: two or three years from now, $600-plus billion. the then it starts back up again. in the tenth year it's over $900 billion. balanced budget anywhere out there. and we act like it's business as usual. we can just spend, spend.

6:21:50 to 6:22:12( Edit History Discussion )

Jeff Sessions: so 23% on this bill, 14% on that bill, at a rate that's stunning, onop of the stimulus money we've put in. but we really -- what we really should do is have at least level funding with the stimulus money piling int the economy, the $8 $800 billion there

6:22:13 to 6:22:35( Edit History Discussion )

Jeff Sessions: i just would repeat and close up by saying that we're not getting -- we're not american people. we're not even reading our own budget numbers. and this every year, this is what we pay in one year, will devastate our

6:22:36 to 6:22:56( Edit History Discussion )

Jeff Sessions: ability to not only that, it will require either more and more and more borrowing or more and more and neither one of which is good for this economy. it's not good for america. we do not have to do this. and i think -- i don't want to be partisan about it -- and

6:22:57 to 6:23:17( Edit History Discussion )

Jeff Sessions: republicans have got -- and their either. but the leadership in this senate needs to understand these fundamental principles. they need to send some signals that they understand this and are prepared to do something about it, and president of the united states of america. he needs to understand what is

6:23:18 to 6:23:39( Edit History Discussion )

Jeff Sessions: happening to this country as a result of some steps reality that we're going to bring this ship again. anyou say, well, you've got this health care bill.

6:23:40 to 6:24:00( Edit History Discussion )

Jeff Sessions: the health care is not in there. this budget analysis was done before health care even came up. it'll just cost more, of course, to make these numbers look even better. so we've got to grow up and be responsible. our republic is depending on us to lea and the truth is we're on an unsustainable course.

6:24:01 to 6:24:17( Edit History Discussion )

Jeff Sessions: and the truth is, this administration and the leadership in this senate and in the house of representatives has no plan to get us off this unsustainable course. the american people are the only ones, it looks like, have sense