President's budget in 2005 and 2006 did not include unding for activity in Iraq or Afghanistan. This year, 50 billion ("placeholder") IS in the budget - but "everyone knows significantly more will be needed." This is not responsible budgeting, says Sarbanes.
Ho goes on the the "cost" of fixing the Alternative Minimum Tax. That is, he will be advocating tax increase on some category of tax payer.
http://www.freerepublic.com/focus/f-news/1596078/posts
Mr. FRIST. Mr. President, this morning we are starting consideration of the budget resolution which was reported out of the Committee on the Budget on Thursday. The chairman and ranking member are here and we will open the debate this morning.The Budget Act provides for up to 50 hours of debate. Therefore, I hope Senators will come to the Senate today and use that time for their opening statements. ...
This week we will complete action on the budget. And we will complete action on the debt limit.
5 . SCHEDULE -- (Senate - March 13, 2006)
The following bills and joint resolutions were introduced, read the first and second times by unanimous consent, and referred as indicated:By Ms. COLLINS (for herself, Mr. LIEBERMAN, Mr. COLEMAN, Mr. AKAKA, Mr. TALENT, and Mr. GRAHAM):
S. 2400. A bill to transfer authority to review certain mergers, acquisitions, and takeovers of United States entities by foreign entities to a designee established within the Department of Homeland Security, and for other purposes; to the Committee on Banking, Housing, and Urban Affairs. ...
By Mr. DEMINT:
S. 2404. A bill to extend the duty suspension on o-tert-Butylcyclohexanol ...
S. 2405. A bill to extend the temporary duty suspension for acentanisole ...
S. 2406. A bill to suspend temporarily the duty on 1,2 Pentanediol ...
S. 2407. A bill to suspend temporarily the duty on p-Anisaldehyde; to the Committee on Finance.32 . INTRODUCTION OF BILLS AND JOINT RESOLUTIONS
The following budgetary levels are appropriate for each of fiscal years 2006 through 2011:(1) FEDERAL REVENUES.--For purposes of the enforcement of this resolution:
(A) The recommended levels of Federal revenues are as follows:
Fiscal year 2006: $1,694,445,000,000.
Fiscal year 2007: $1,786,173,000,000.
Fiscal year 2008: $1,914,133,000,000.
Fiscal year 2009: $2,012,736,000,000.
Fiscal year 2010: $2,122,301,000,000.
Fiscal year 2011: $2,203,236,000,000.(B) The amounts by which the aggregate levels of Federal revenues should be reduced are as follows:
Fiscal year 2006: -$9,746,000,000.
Fiscal year 2007: -$33,426,000,000.
Fiscal year 2008: -$7,643,000,000.
Fiscal year 2009: -$18,835,000,000.
Fiscal year 2010: -$13,676,000,000.
Fiscal year 2011: -$153,835,000,000.(4) DEFICITS.--For purposes of the enforcement of this resolution, the amounts of the deficits are as follows:
Fiscal year 2006: -$552,064,000,000.
Fiscal year 2007: -$554,290,000,000.
Fiscal year 2008: -$465,585,000,000.
Fiscal year 2009: -$428,833,000,000.
Fiscal year 2010: -$408,591,000,000.
Fiscal year 2011: -$442,137,000,000.(5) DEBT SUBJECT TO LIMIT.--The appropriate levels of the public debt are as follows:
Fiscal year 2006: $8,526,578,000,000.
Fiscal year 2007: $9,190,311,000,000.
Fiscal year 2008: $9,766,883,000,000.
Fiscal year 2009: $10,302,957,000,000.
Fiscal year 2010: $10,815,812,000,000.
Fiscal year 2011: $11,355,281,000,000.36 . SUBMITTED RESOLUTIONS DURING ADJOURNMENT
SA 3003. Mr. KENNEDY submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 83, setting forth the congressional budget for the United States Government for fiscal year 2007 and including the appropriate budgetary levels for fiscal years 2006 and 2008 through 2011; which was ordered to lie on the table; as follows: ...This title may be cited as the ``End Child Poverty Act''.
SA 3012. Mr. KENNEDY submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 83, setting forth the congressional budget for the United States Government for fiscal year 2007 and including the appropriate budgetary levels for fiscal years 2006 and 2008 through 2011; which was ordered to lie on the table; as follows:
SEC. __. SENSE OF THE SENATE CONCERNING AN INCREASE IN THE MINIMUM WAGE.
It is the sense of the Senate that the levels in this resolution assume that Congress should enact legislation to amend the Fair Labor Standards Act of 1938 (29 U.S.C. 201 et seq.) to increase the Federal minimum wage by $2.10, with a $0.70 increase effective 60 days after the passage of this resolution, a $0.70 increase effective 12 months after that 60th day, and a $0.70 increase effective 24 months after that 60th day.
42 . TEXT OF AMENDMENTS -- (Senate - March 13, 2006)
Mr. FRIST. Mr. President, we are going to have a very busy day tomorrow and, indeed, a very busy week. We need to work through amendments on the budget resolution. At 3 p.m. tomorrow, we will have a series of votes on amendments. Senators should plan to be in the Chamber for six back-to-back votes. Senators who are planning to offer amendments should be working with the two managers, Senator Gregg and Senator Conrad. Senators should expect full days and some late nights and should plan their schedules accordingly. There will be additional votes tomorrow after the stacked votes at 3 p.m. 52 . PROGRAM