Congressional Record United States Th of America PROCEEDINGS and DEBATES of the 117 CONGRESS, FIRST SESSION
Total Page：16
File Type：pdf, Size：1020Kb
E PL UR UM IB N U U S Congressional Record United States th of America PROCEEDINGS AND DEBATES OF THE 117 CONGRESS, FIRST SESSION Vol. 167 WASHINGTON, FRIDAY, MAY 28, 2021 No. 94 Senate (Legislative day of Thursday, May 27, 2021) The Senate met at 9 a.m. and was Mr. VAN HOLLEN thereupon as- Mr. PAUL. Mr. President, I suggest called to order by the Honorable CHRIS sumed the Chair as Acting President the absence of a quorum. VAN HOLLEN, a Senator from the State pro tempore. QUORUM CALL of Maryland. f The ACTING PRESIDENT pro tem- f pore. The clerk will call the roll. RESERVATION OF LEADER TIME The senior assistant legislative clerk PRAYER The ACTING PRESIDENT pro tem- proceeded to call the roll, and the fol- The Chaplain, Dr. Barry C. Black, of- pore. Under the previous order, the lowing Senators entered the Chamber fered the following prayer: leadership time is reserved. and answered to their names: Let us pray. [Quorum No. 4] f Eternal God, the fountain of wisdom, Baldwin Hirono Reed You said in John 8:31, ‘‘If you obey my ENDLESS FRONTIER ACT Bennet Hyde-Smith Romney teaching, you are really my disciples; Blumenthal Johnson Rosen you will know the truth, and the truth The ACTING PRESIDENT pro tem- Booker Kaine Sanders pore. The clerk will report the unfin- Brown Kelly Schatz will set you free.’’ As our lawmakers Cantwell King ished business. Schumer strive to be guardians of freedom, may Carper Klobuchar Scott (FL) these words illuminate their path. The senior assistant legislative clerk Casey Lankford Scott (SC) Collins Luja´ n Lord, remind our Senators that his- read as follows: Shaheen Coons Lummis Smith tory is strewn with the wreckage of na- A bill (S. 1260) to establish a new Direc- Cortez Masto Manchin Stabenow tions that ignored liberating truth. torate for Technology and Innovation in the Daines Marshall We pray in the name of Him who said National Science Foundation, to establish a Durbin Merkley Tester regional technology hub program, to require Feinstein Murphy Tuberville in John 14:6, ‘‘I am the truth.’’ Amen. Van Hollen a strategy and report on economic security, Fischer Ossoff Warner f science, research, innovation, manufac- Gillibrand Padilla Hassan Paul Warren PLEDGE OF ALLEGIANCE turing, and job creation, to establish a crit- Hickenlooper Peters Whitehouse ical supply chain resiliency program, and for The Presiding Officer led the Pledge other purposes. The ACTING PRESIDENT pro tem- of Allegiance, as follows: pore. A quorum was present. Pending: I pledge allegiance to the Flag of the The ACTING PRESIDENT pro tem- United States of America, and to the Repub- Schumer amendment No. 1502, in the na- pore. The Senator from Kentucky. lic for which it stands, one nation under God, ture of a substitute. Mr. PAUL. Mr. President, we are cur- indivisible, with liberty and justice for all. Cornyn/Cotton amendment No. 1858 (to rently $28 trillion in debt. Whose fault amendment No. 1502), to modify the semicon- f ductor incentives program of the Depart- is it—Republicans? Democrats? The an- APPOINTMENT OF ACTING ment of Commerce. swer is yes, yes on both fronts. Both parties are responsible for the debt, PRESIDENT PRO TEMPORE RECOGNITION OF THE MAJORITY LEADER and one side is honest about it. One The PRESIDING OFFICER. The The ACTING PRESIDENT pro tem- side will tell you they don’t give a fig clerk will please read a communication pore. The Democratic leader is recog- about the debt: The debt be damned. to the Senate from the President pro nized. We are for new monetary theories. tempore (Mr. LEAHY). Mr. SCHUMER. In a moment, the Spend as much as you have got; borrow The senior assistant legislative clerk Senate will resume business. A few of as much as you can; and somehow we read the following letter: our Republican colleagues may con- are going to combat the influence of U.S. SENATE, tinue their speeches. China by borrowing more money from PRESIDENT PRO TEMPORE, The Senate spent 2 hard weeks work- China. It doesn’t really seem to make a Washington, DC, May 28, 2021. ing on this bill, and many months be- lot of sense, but that is where we are. To the Senate: fore that. We have every intention of So we have before us a bill that will Under the provisions of rule I, paragraph 3, sticking it out until the job is done, simply add to the debt. We will go fur- of the Standing Rules of the Senate, I hereby and that is what we are going to do. I appoint the Honorable CHRIS VAN HOLLEN, a ther in debt. You might make the argu- Senator from the State of Maryland, to per- look forward to passing this historic ment that we are actually less strong form the duties of the Chair. and extremely bipartisan bill later as a nation the more in debt we are. PATRICK J. LEAHY, today. Where is the opposition? Now, there President pro tempore. I yield the floor. is no opposition on one side of the ∑ This ‘‘bullet’’ symbol identifies statements or insertions which are not spoken by a Member of the Senate on the floor. S3915 ® Pdnted on recycled papfil. VerDate Sep 11 2014 23:45 May 28, 2021 Jkt 019060 PO 00000 Frm 00001 Fmt 0624 Sfmt 0634 E:\CR\FM\A28MY6.000 S28MYPT1 dlhill on DSK120RN23PROD with SENATE S3916 CONGRESSIONAL RECORD — SENATE May 28, 2021 aisle, and on the other side, there is would get approval for your funding? on heart disease, diabetes—but if you feigned opposition. The Republicans You would call up your other buddies want to study whether if somebody will feign opposition to the debt. They who study cocaine in animals and say: sneezes on the food makes you more or will say: Well, yes, we care about the Hey, I have got this great, new study. less likely to eat the food, that is just debt, and the other side spends too Would you guys like to join in it and be ridiculous. The American people know much and borrows too much. You will my peer-review committee? it is ridiculous. If the American people hear Republicans throughout the land It is actually the ridiculous studies could see what we are voting on, they campaigning against the debt, only to that we discover that are being voted would say: Oh, we are going to combat come to Washington and vote for most on by people who are selected by the China by giving more money to the of the debt. So what we end up with is people who are doing the studies. What most wasteful Agency in the world. a $28 trillion debt. We actually borrow they do is they select other people with Where is the money coming from? Is more in a month than we used to bor- ridiculous studies, and they say: We it out of a surplus? Can we go over to row in a year. In March of this year, we will vote for yours if you will vote for the Federal Reserve and open this big borrowed $660 billion in 1 month. mine. safe? Is there a big case of money? Is The proposals for spending are alarm- So how do we get $500,000 spent in there a rainy day fund? Is there a sav- ing. We have spent and borrowed more studying Panamanian frogs? They ings account that we can tap into to in the last 2 years than we did during want to know whether or not the mat- say we are going to have government- World War II. There are going to be re- ing call of the country frogs in Panama funded research to combat China? No. percussions of so much borrowing in is different than the mating call of the We have to borrow the money from such a short period of time. We are see- city frogs. Well, in coming from a rural China. ing a misallocation of capital through- State, I can tell you that the mating Think of the irony. We borrow the out the economy. We are seeing a call of the country folk is always dif- money from China to put it into tech- nology. We complain about Chinese so- grossly inflated stock market. We are ferent than the mating call of the city cialism, which is the government run- starting to see inflation throughout folk. We could have polled the audi- ning everything and spending all of the the supply chain throughout the econ- ence. Are quail more sexually promis- money. So what are we going to do? omy. There are going to be repercus- cuous on cocaine? I think we could The same thing. We are going to bor- sions. have polled the audience. The question we have to ask our- The thing is, there could be some re- row the money from China. Then we are going to have government-directed selves is, Are we willing to look at the forms. For example, as much as I am research, to which we will all say: Oh, example of countries like Venezuela or opposed to government spending, there socialism isn’t good, but the govern- Zimbabwe that completely destroyed are some important diseases. Let’s say Alzheimer’s, cancer, diabetes, heart ment directed this. their currencies? Yet we are going to do the same People say that couldn’t happen in disease. Why wouldn’t we make the thing, and we are going to be stronger America. It largely hasn’t happened be- committees for the National Science than China.