Comments of Senator Patrick Leahy On
Final Passage of the Budget Resolution Conference Report May 10,
2001
[(Thurs., May 10, 2001) -- On a vote of
53-47, the U.S. Senate today passed the budget and tax plan advanced
by congressional Republican leaders and President Bush. Senator
Patrick Leahy, who voted against the plan, issued these comments
after the vote:]
"The president's budget is a reversal of
the fiscal discipline and sound budget policies that have given our
economy its solid foundation. Congress has taken the uncertain
projected surplus and gambled it on a budget plan that rewards the
wealthiest of Americans at the expense of working
families.
"This budget reflects an unfortunate
shift in our priorities. A tax break skewed toward the wealthiest
has apparently become more important than the future of Social
Security, Medicare, education or the environment. The cost of the
Bush tax plan seriously hinders our ability to pay off the national
debt so that we can finally be debt-free by the end of the decade.
Like someone who has finally paid off their credit cards but still
faces a hefty home mortgage, the federal government has finally
balanced its annual budget, but we still have a national debt to pay
off. In the meantime, taxpayers have to pay almost $900 million in
interest every working day to keep the national debt
afloat."
ADDITIONAL BACKGROUND - BUDGET
PACKAGE
National Debt. Focusing budget surpluses
on paying off the national debt would have helped sustain
our sound economy by keeping interest rates low. Now
Vermonters may not gain ground with lower mortgage costs, car payments and credit card charges with low
interest rates, and small business owners in
Vermont may not be able to invest, expand and create jobs with low
interest rates.
Law Enforcement. The budget contains an amendment offered by
Senator Leahy for a $1.5 billion increase in budget authority ($32.4
billion total) for essential Department of Justice programs to help
state and local law enforcement agencies fund essential
programs.
Agriculture and Environment. The budget does not contain an
amendment offered by Senator Leahy and accepted by the Senate to
increase funding for agriculture conservation programs on private
lands by $1.3 billion. This funding was to support
nationally-successful programs like the Environmental Quality
Incentive Program, the Farmland Protection Program, and the Wildlife
Habitat Incentive Program -- programs that truly help farmers keep
their working lands and that help private landowners enhance their
communities' water quality, open space, and wildlife habitat.
Education. This budget resolution conference report ignores
the Senate's actions and does not provide sufficient funds for our
students, teachers and schools. This budget contains no increase for
K-12 or higher education discretionary spending and only minimal
mandatory spending increases for education and training. It does not
contain the Jeffords/Breaux amendment, which would have increased
funding for the Individuals with Disabilities Education (IDEA) Act,
that would have fulfilled the Federal government's responsibility to
our most vulnerable children.
Veterans. The budget includes a $1 billion increase in
discretionary veterans health spending. That increase barely covers
inflation in the Department of Veterans Affairs' current programs,
let alone provides the department flexibility to increase the
availability and quality of care. The budget squeezes this money out
of critical veterans health research programs, leaving
investigations into spinal injuries and war wounds at inadequate
levels. The budget also drops a provision passed by the Senate that
would have allowed military retirees to receive their full VA
disability and retiree pay earned during their lifelong service.
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