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'That's My Job': Lindsey Graham Defends 'Setting The Numbers' For Reconciliation As Budget Chair
Forbes Breaking News
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yesterday
During debate on the Senate floor, Sen. Lindsey Graham (R-SC) defended the numbers attached to the One Big Beautiful Bill Act.
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00:00
I am using and yielding time off the bill.
00:05
Without objection.
00:07
Okay, thank you very, very much.
00:09
So, the debate and eventual voting on the big, beautiful bill has begun.
00:16
Hallelujah.
00:17
It's taken a while for us to get here.
00:19
We're going to have a debate worthy of a great country.
00:22
We'll have what they think and what we think,
00:24
and we're going to vote on this bill in the coming days,
00:28
and I'm excited about that.
00:30
I've worked a long time with my colleagues to get to where we are today,
00:36
sort of the American people.
00:37
The debate is beginning right now regarding the big, beautiful bill,
00:42
and I'll tell you why that's good news for you,
00:45
but let me take a little bit of time to talk about current policy versus current law.
00:50
I know everybody's on the edge of their seat at home,
00:52
but here's what I would tell you about numbers and budget chairmen.
00:56
I'm not the first budget chairman.
00:58
There have been those who came before me.
01:02
In 2008, Chairman Kent Conrad, a really nice guy from North Dakota,
01:09
used a new baseline in the budget so he could get the farm bill in the budget.
01:17
And Jared Gregg, a really smart guy, former budget chairman, said,
01:23
the chairman of the budget committee declared the new baseline under a new budget.
01:28
The budget chairman has a right to do that.
01:31
That's what I'm doing.
01:32
I'm setting the numbers.
01:34
The parliamentarian said, that's my job as budget chairman.
01:38
The resolution we're operating under to get us here, we voted to make that the case.
01:43
So we're not doing anything sneaky.
01:45
We actually voted to give me the authority to do this, and it passed.
01:50
But again, I'm not the first chairman to change a baseline for different reasons.
01:56
One, to get the farm bill in.
01:58
And on another occasion, Senator Sanders changed the baseline in 2022 when he was budget chairman
02:09
under budget reconciliation to issue a budget rule allowing the numbers to change to get
02:17
more money for Head Start.
02:19
So Senator Sanders, as budget chairman, directed a new rule be written to get more money for Head Start.
02:28
So don't tell me you've never done this before in terms of changing the baseline as budget chairman.
02:34
The budget chairman under 312 sets the baseline.
02:39
This has been acknowledged by Republicans and Democrats.
02:43
The baseline has changed in the past based on the budget committee chairman's desire,
02:49
one to get a farm bill in and the other to change the numbers, a new rule to get Head Start spending.
02:55
So this has been done before.
02:58
But I'll be the first to say that what we're doing here is historic in a good way.
03:04
In 2017, we passed the Trump tax cuts.
03:10
They're due to expire in December.
03:12
Why is that?
03:13
Before I got here, current law was the way to score or implement tax policy.
03:22
After 10 years, the tax cuts expired.
03:26
Current law.
03:27
As budget chairman, I've decided to use current policy when it comes to cutting taxes.
03:35
If you use current policy, they never expire.
03:39
So the policies that were created in 2017 would not end in December.
03:45
They would continue.
03:46
And that's a good thing for the American people.
03:50
That's a good thing for the economy because it gives you certainty.
03:54
So I made a decision as budget chairman working with my colleagues to look at tax cuts,
04:00
something important for the country, to give certainty to businesses and individuals
04:06
and make sure after 10 years they don't arbitrarily go away and have a cliff.
04:11
So I made that decision.
04:13
My colleagues backed me up.
04:14
And that's in the budget resolution governing the debate that we're here today.
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