That means youre going to raise taxes 300 billion, does it not . Those are one time transitional revenues. They will come from increased taxes, so you couldnt afford this spending . They are one time. And that is why we have chosen to the infrastructure. With regard to the interest on the debt, its astounding to me, your own budget projects, all in these numbers projects, that we would we spent last year 223 billion on interest which is a huge sum for which we get nothing. Your budget projects that we would go to 812 billion in one year annual Interest Payment in 2024. Does that not threaten the financial future of american . I agree with you, Interest Payments are not the most impactful way that we can use our dollars, our tax dollars for the nation. Thats what we need to be on a path to a decline debt to gdp ratio and a decline deficit to gdp ratio. Not a way of raising money but it gets no real benefit, right . To pay interest on the debt. Our budget decreases the amount of interest
That there are one time savings where you really have two choices. You can either use that money to reduce the deficit which is a la laudable objective so we dont discredit that as an objective or use it for one time expenses. What you cant do is lower rates as if the one time savings is genuine forever because you would in the next period of time be losing revenue. Thats why the president proposed pairing Business Tax Reform with an infrastructure initiative. I think there is the basis there where youve seen proposals on both sides that have elements of agreement. I think that its something the more we talk about across party lines and with each other the more we have an opportunity to get something important done. Very good. Senator thune. Thank you, mr. Chairman. Secretary lew, nice to have you here. Welcome back. I also want to welcome our new chairman and really look forward to working with him. As chairman wyden mentioned we worked together on a number of issues, Digital Goods an
Vote the presiding officer could we have order in the senate, please. The Vice President are there any senators wishing to vote or change their vote . If not, the roll call vote on this is 47 yeas, 52 nays. The motion fails. Mr. Reid mr. President . I enter a motion to reconsider the vote by which cloture was not invoked on this nomination. The Vice President the motion is entered. The clerk will report the motion to invoke cloture. The clerk we, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate move to bring to a close the debate on the nomination of pedro l. Delgado hernandez of puerto rico to be United States district judge of puerto rico, signed by 17 senators. The Vice President the question is is there a sense of the senate that the debate on the nomination of Pedro Delgado hernandez of puerto rico to be United States District Court judge of the district of puerto rico to be an assistant attorney general shall be brought to
And a number of others that are truly looking at criminal justice and prison reform. I hope others jump onboard and do what has to be done to get the laws changed. At 9 00 a. M. This morning, cspan will be covering a hearing by the house judiciary over Criminalization Task force. Its about the need for criminal code reform and the over federalization in federal criminal law. 9 00 a. M. Cspan3. Next up is mark from ft. Lauderdale, florida. Caller how you doing . Good. Caller thank you to cspan and mr. Kerik for bringing this subject to the front. I called in on the inmates line or exinmates line because i did some federal time myself. You had a little while ago you stole my thunder when they mentioned how things look very different when the shoe is on the other foot. The fact is mr. Kerik as he was coming up through the police force and climbing the ladder, and even when you reached the top of the food chain, all we thought was prisoners and criminals deserved more time, they were getti
Flags to remain at half staff until monday. It is friday morning. We are going to take your calls and reflections on Nelson Mandela. Our phone lines are open. Republicans, 202 5853881. Democrats, 202 5853880. And our line for independents, 202 5853882. Mail,an send us an e journal cspan. Org or you can send us a tweet, cspanwj. [video clip] i am not a saint unless you think of a saint as a sinner who keeps on trying. I am one of the countless millions who drew inspiration from Nelson Mandelas life. My First Political action, the that thing i ever did involves politics was a protest against apartheid. His works and his writings. The day he was released from prison, a gave me a sense of what human beings can do when they are guided by their hopes and not their fears. Globe, iany around the cannot imagine my own life without the example that Nelson Mandela set. As i live, i will do what i can to learn from him. President as he paid tribute to Nelson Mandela and the tributes coming in from