Dear
Friends,
Thank
you
for
subscribing
to
my
e-newsletter!
Here
are
some
of
the
issues
I’ve
been
working
on
this
week:
Budget
Proposal
I
have
long
said
that
Washington’s
method
of
budgeting
from
crisis
to
crisis
is
no
way
to
run
a
business,
much
less
the
federal
government.
This
kind
of
short-term,
band-aid
budgeting
was
at
the
root
of
October’s
government
shutdown
and
it
certainly
isn’t
the
best
way
for
Congress
to
responsibly
manage
taxpayer
dollars.
That’s
why
I
was
encouraged
that
Republicans
and
Democrats
were
able
to
come
together
this
week
to
negotiate
a
long-term
budget
agreement
that
makes
tough
choices
about
spending.
However,
I
do
have
significant
concerns
about
this
proposal.
First
and
foremost,
it
asks
too
much
from
the
men
and
women
of
our
military,
who
would
be
forced
to
sacrifice
thousands
of
dollars
from
their
retirement
funds.
In
fact,
one
estimate
says
that
a
42-year
old
retiring
at
the
rank
of
Lt.
Colonel
would
lose
nearly
$110,000.
I’m
also
skeptical
about
the
way
this
plan
structures
new
spending
and
new
savings.
We
will
see
two
years
of
new
spending
up
front
offset
by
savings
spread
over
a
decade.
Unfortunately,
that
makes
it
all
too
easy
for
Congress
to
undo
these
savings
a
few
years
down
the
road.
I’m
encouraged
by
the
willingness
we’ve
seen
from
both
sides
to
sit
down
and
negotiate
a
budget
agreement
for
the
first
time
in
years,
but
I
will
not
be
able
to
support
this
plan.
Harry
Reid’s
Power
Grab
Last
month,
Senate
Democrats
led
by
Harry
Reid
changed
the
rules
in
order
to
make
it
easier
for
them
to
confirm
nominees
who
support
their
agenda.
This
is
an
unprecedented
power
grab
that
diminishes
the
ability
of
the
Senate
to
uphold
its
constitutional
duties.
I
spoke
on
the
Senate
floor
during
an
all-night
debate
earlier
this
week:
(Click
to
play)
It
is
a
privilege
to
work
on
behalf
of
South
Carolina.
Please
do
not
hesitate
to
contact
my
offices
–
I
always
look
forward
to
hearing
from
you.
Sincerely,
Tim
Scott