Alexander Votes Against Adding $33 Billion to Debt

Posted on June 24, 2010

WASHINGTON—U.S. Senator Lamar Alexander (R-Tenn.) today released the following statement following his vote against the latest Democratic extenders package that would add $33 billion to the debt:

“Senate Republicans have offered several times to extend tax credits, unemployment benefits, and the flood insurance program without adding to the debt, but these offers have been repeatedly rejected by the Democratic majority. I called up a measure Tuesday night that would have extended the flood insurance program to help thousands in Tennessee who are still quietly cleaning up after the devastating floods, but the Democrats blocked it from passing. I voted against this bill today because it would add another $30 billion to the mounting debt that we’re going to have to hand over to our grandchildren.”

Alexander voted for the Thune amendment last week that would have extended expiring unemployment provisions through November, extended various expired tax provisions through 2010 and reduced the debt by $68 billion. Click here to read more.

Tuesday night, Alexander made a motion for the Senate to pass a measure he cosponsored that would have extended the National Flood Insurance Program through December 31, 2010, without adding to the nation’s federal debt, allowing Tennesseans affected by the flood to get new flood insurance contracts, have expiring contracts renewed, and be issued changes to current contracts. Senate Democrats rejected Alexander’s proposal to pass the bill.  Click here to see a video from the Senate floor.

Today, Alexander voted against invoking cloture on the Baucus substitute amendment which would have increased the debt by $33 billion and extended expired tax provisions, unemployment benefits, and the national flood insurance program.  The measure failed by a vote of 57 to 41 (under Senate Rules, 60 votes were required).