releases: http://franken.senate.gov/?p=press_release&id=2644
Data license: MIT · Data source: dwillis/congress-press
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| http://franken.senate.gov/?p=press_release&id=2644 | Sen. Franken?s Statement on Budget Compromise | 2013-12-18 | 2013 | 2013-12 | Democrat | House | MN | Al Franken | F000457 | franken.senate.gov | legacy | Today, U.S. Sen. Al Franken (D-Minn.) made the following statement after the Senate agreed to a two-year budget deal. The bill is expected to be signed into law soon. You can download a video of Sen. Franken's statement on the budget agreement here. "I think this is a good step forward," said Sen. Franken. "Minnesotans don't want us to keep lurching from budget crisis to budget crisis, and passing this will prevent another costly government shutdown. "This deal means that businesses will have the stability and certainty they need to create jobs and strengthen our economy. And it allows us to return our focus to what we were sent here to do-educating our kids, creating a 21st century workforce, and putting people back to work. "I'm pleased we were finally able to break through the gridlock and reach this deal, even though, like any compromise, it has elements that I like, but also ones I don't like." While Sen. Franken has generally expressed support for the bipartisan budget agreement, he is disappointed that the bill makes approximately $6 billion in cuts to military pensions by reducing the cost-of-living adjustment for some future retirees, a concession made to Republican negotiators in order to secure an agreement. In response, Sen. Franken cosponsored the Military Retirement Restoration Act , which would replace those cuts-scheduled to take effect in approximately two years-by closing a loophole in the tax code that allows companies managed and controlled in the United States to incorporate overseas in order to avoid paying U.S. taxes on their foreign income, raising approximately $6.6 billion over ten years. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |