Senate the Senate Met at 9:30 A.M

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Senate the Senate Met at 9:30 A.M E PL UR UM IB N U U S Congressional Record United States th of America PROCEEDINGS AND DEBATES OF THE 107 CONGRESS, SECOND SESSION Vol. 148 WASHINGTON, THURSDAY, JULY 25, 2002 No. 103 Senate The Senate met at 9:30 a.m. and was PLEDGE OF ALLEGIANCE the two leaders that allows the major- called to order by the Honorable JACK The Honorable JACK REED led the ity leader to call up the legislative REED, Senator from the State of Rhode Pledge of Allegiance, as follows: branch appropriations bill, which prob- Island. ably will be done sometime today. Fol- I pledge allegiance to the Flag of the United States of America, and to the Repub- lowing that, we may even go to the De- PRAYER lic for which it stands, one nation under God, fense bill. The order is we go to that The PRESIDING OFFICER. The indivisible, with liberty and justice for all. before next Wednesday. In the meantime, there is work being prayer will be offered today by the f done. People worked in the Capitol guest Chaplain, the Rev. Dr. Frederick APPOINTMENT OF ACTING until late last night trying to come up W. Pfotenhauer, from Hilltop Lutheran PRESIDENT PRO TEMPORE with some sort of amendment dealing Church of the Ascension, South Bend, with prescription drugs. We need a bi- IN. The PRESIDING OFFICER. The clerk will please read a communication partisan agreement on that. It was a The guest Chaplain, offered the fol- to the Senate from the President pro bipartisan group meeting last night. lowing prayer: tempore (Mr. BYRD). The Senator from Oregon, the junior Holy God, Wisdom Eternal, at the The legislative clerk read the fol- Senator from Oregon, Senator SMITH, time Your Spirit breathed over the lowing letter: wishes to speak for a few minutes now, Earth and gave life and heart to all and I ask unanimous consent he be al- U.S. SENATE, that is, You also called all people to be PRESIDENT PRO TEMPORE, lowed up to 3 minutes to speak. participants in Your holy actions. En- Washington, DC, July 25, 2002. The ACTING PRESIDENT pro tem- able each of us, especially those elected To the Senate: pore. Without objection, it is so or- to this United States Senate and Under the provisions of rule I, paragraph 3, dered. charged with being the voice of the of the Standing Rules of the Senate, I hereby The Senator from Oregon. people who inhabit this beloved land, appoint the Honorable JACK REED, a Senator f from the State of Rhode Island, to perform to recognize our responsibility as con- GUEST CHAPLAIN DR. FREDERICK duits for these Your holy actions. Our the duties of the Chair. ROBERT C. BYRD, W. PFOTENHAUER prayer this morning, in voices lifted to President pro tempore. You, resonates not only with the men, Mr. SMITH of Oregon. Mr. President, women, and children of our country Mr. REED thereupon assumed the it is my privilege today to say a few but with the voice of humanity Chair as Acting President pro tempore. words about the reverend doctor who throughout the world and across the f offered a word of prayer on behalf of this country and this institution this centuries. And so we, the family of the RECOGNITION OF THE ACTING Senate, desiring to be filled anew this morning. MAJORITY LEADER The Rev. Dr. Fritz Pfotenhauer has day with Your Spirit, Your wisdom, The ACTING PRESIDENT pro tem- given me permission to refer to him and Your purpose, plead with You to pore. The acting majority leader is rec- personally as Fritz, but he is a most hear once more the prayer of Francis of ognized. distinguished pastor and minister of Assisi. f the gospel. He is the pastor of the Hill- Lord, make me an instrument of top Lutheran Church in South Bend, SCHEDULE Your peace; where there is hatred, let IN. He is descended from a long line of me sow love; where there is injury, par- Mr. REID. The first hour, as the Lutheran ministers in an unbroken fa- don; where there is doubt, faith; where Chair will shortly announce, will be a ther-son succession dating back to the there is despair, hope; where there is period of morning business. The Repub- time of the great reformer, Martin Lu- darkness, light; where there is sadness, lican leader has control of the first ther. joy. half, and the Democratic leader has Dr. Pfotenhauer completed his Ph.D. O Divine Master, grant that I may control of the second half. in pastoral theology at the University not so much seek to be consoled as to At 10:30, we will begin consideration of Notre Dame where he also taught for console, to be understood as to under- of the motion to waive the Budget Act 20 years until his retirement recently. stand; to be loved as to love. with respect to the Rockefeller amend- He will also retire at the end of this For it is in giving that we receive, it ment. There will be 1 hour of debate on year as the pastor of Hilltop Lutheran is in pardoning that we are pardoned. that and a vote thereafter. after 36 years of service to that com- And it is in dying that we are born to Last night, a unanimous consent munity and 46 years as an ordained Eternal Life. Amen. agreement was entered into between minister. ∑ This ‘‘bullet’’ symbol identifies statements or insertions which are not spoken by a Member of the Senate on the floor. S7323 . VerDate Mar 15 2010 20:55 Jan 09, 2014 Jkt 081600 PO 00000 Frm 00001 Fmt 4624 Sfmt 0634 E:\2002SENATE\S25JY2.REC S25JY2 mmaher on DSKCGSP4G1 with SOCIALSECURITY S7324 CONGRESSIONAL RECORD — SENATE July 25, 2002 I think it is significant that this homes at a record pace and refinancing vious year’s budget, the budget that good brother is not just trained for the old ones, thus yielding either lower this Senator, as chairman, helped put ministry and knows the ivory tower payments or cash at hand which they together, is now impacting and will and knows the depths of theology, but are using to acquire what they believe through the remainder of this fiscal he knows how it is to minister, how it they need. year be impacting on what we can do in is to change the human heart and help Notice that those who claimed that Medicare. Clearly, it is saying we can lift people from the wrong path. This is the tax cut would lead to higher inter- only spend $300 billion over the next a man, as you meet with him, who can est rates have been very quiet of late, decade. That was the judgment of the talk deep in terms of gospel principles at least on that point. The Federal Re- Senate when it last voted in a budget but also knows personally what it is serve sees the economy as growing at resolution. like to change the human heart and to about a 3-percent rate in the second Things have not gotten better but set it on the course of righteousness. half of this year and even faster next perhaps have gotten somewhat worse Pastor Pfotenhauer is the father of year. The unemployment rate will during that intervening year. We are Kurt Pfotenhauer, who is my friend probably end the year at about 5.9 per- here on the floor discussing a Medicare and my former chief of staff for nearly cent. That is about right where it is bill that is much larger than what we 6 years. Dr. Pfotenhauer’s wife, Caro- now. talked about the year previous when lyn, is in the audience today. We wel- Next year, the jobless rate could drop we had a rather positive economy, not come her. We honor her, as well as her to about 5.4 percent. This does not one that was in the red but one that grandsons, Jon and Ben, and her daugh- mean the outlook lacks uncertainty. was in the black. ter-in-law, the pastor’s daughter-in- The recent weakness in the stock mar- Now the question is, What shall we law, Kurt’s wife, Nancy. They are all ket is important. The American people do for the remainder of this year, up with him today. are worried, concerned. Lower equity until October 1, when all the appropria- We honor you, sir. We thank you for prices create a negative wealth effect tions bills are subject to adoption in your service to us today. We thank God that will be a drag on consumer spend- both Houses, to go to conference, come for your service to his children. ing, as I have just indicated. Lower back, and then go to the President— I yield the floor. stock prices also make it tougher for when all the other measures on which businesses to acquire the capital they we have been going slow, or are in con- f need to invest. Slow business invest- ference, have to come up? Are we going RESERVATION OF LEADER TIME ment continues to be our economy’s to have no budget resolution nor budg- The ACTING PRESIDENT pro tem- weakest point. And, of course, we still et statement impacts on any of those pore. Under the previous order, the face the risk of further terrorist at- activities, the sum total of which are leadership time is reserved. tacks or other conflicts that could dis- the budget, and determine, starting Oc- rupt the energy market.
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