Senator Bob Corker
October 19, 2013
2013 � Senator Corker speaks to members of Boy Scout Troop 911 of Mt.
Juliet in the rotunda of the U.S. Capitol.
Senators Corker and Alexander greeted Boy Scout Troop 911 of Mt.
Juliet in Washington and presented them with their citizenship merit
Temporarily Funding Government and Maintaining Spending
On Wednesday, Senator Corker voted for H.R. 2775,
a bill to prevent default, temporarily fund the government and
maintain the spending reductions in the Budget Control Act. The bill passed
the Senate by a vote of 81 to 18.
�It is beyond belief that
Congress chose to pursue an effort that had no chance of success and
wasted time that could have been spent putting in place spending reforms
that will make our country stronger. But I do consider it a victory
that we forced adherence to the Budget Control Act spending restraints,
which for the first time since the 1950s, have caused us to reduce
total government spending for two consecutive years,� said Corker.
�There�s much more work to do to get on a path to fiscal solvency, and I
look forward to continuing that important work.�
Control Act, passed by Congress and signed into law in 2011, helped
reduce total government spending for two consecutive years. It will cause
non-emergency discretionary spending to be decreased from $1.090
trillion in 2011 to $967 billion this year.
In on CNBC�s �Squawk Box� on Thursday, Senator Corker
discussed the path forward to getting our nation�s fiscal house in
***Click Image to Watch Video***
February, Corker, along with Senator Alexander, introduced the Fiscal
Sustainability Act, , to reduce the growth
of entitlement spending (Medicare, Medicaid and Social Security) by
nearly $1 trillion in the next decade in order to improve the programs�
solvency. The bill incorporates many of the recommendations made by
President Obama�s Debt Commission (Simpson-Bowles) as well as by former
Republican Senator Pete Domenici and Alice Rivlin, budget director for
former President Clinton.
Hold Firm on Sanctions in Negotiations with
As negotiations began on Tuesday over Iran�s nuclear program,
Senator Corker, ranking member of the Foreign Relations Committee,
urged the Obama administration to hold firm on sanctions with
�With limited time for diplomacy to work, the administration should
hold firm on sanctions, which brought Iran to the table and remain
the greatest leverage point we have. Eagerness to exploit an opening
with Iran should not lead to concessions before Iran takes verifiable
steps to eliminate their nuclear weapons program. Congress can play a
constructive role by putting in place tough conditions on Iran before any
easing of sanctions can occur,� said Corker.
Opposition to U.N. Arms
Senator Corker was among 50 senators from both parties who
sent a letter to President Obama this week announcing their opposition
to the U.N. Arms Trade Treaty that Secretary of State John Kerry signed
on behalf of the United States last month. Corker the administration not to take an action to
implement the accord, citing the Senate�s constitutional role in providing
advise and consent on treaties.
�We urge you to notify the
treaty depository that the U.S. does not intend to ratify the Arms Trade
Treaty, and is therefore not bound by its obligations. As members of
the Senate, we pledge to oppose the ratification of this treaty, and
we give notice that we do not regard the U.S. as bound to uphold its
object and purpose,� the letter states.
Read the full text
Ensuring Fed Nominee is Not an Enabler of Bad
Senator Corker, a member of the Banking Committee, made the
following statement on the nomination of Janet Yellen to become Federal
�I voted against Vice Chairman Yellen�s
original nomination to the Fed in 2010 because of her dovish views on
monetary policy. We will closely examine her record since that time,
but I am not aware of anything that demonstrates her views have
changed,� said Corker.
to discuss the nomination, Senator Corker said he opposed her
nomination in 2010 because of her lack of modesty regarding the
Federal Reserve's role in the economy and does not believe her views have
"I felt like she was not very modest about the role of
monetary policy in the economy. I don't see any evidence that's
***Click Image to Watch
Company Multi-Million Dollar Investment in
On Monday, Senator Corker applauded the announcement that
Hankook Tire Co., a global tire company with products in 180 countries,
has chosen to locate its first U.S. manufacturing facility in
Clarksville. The company expects to invest $800 million in a state-of-the-art
facility and create 1,800 jobs in Clarksville.
announcement that Hankook Tire company will create 1,800 new jobs and make a
multi-million dollar investment in Clarksville is a huge win for
Tennesseans and is further confirmation that Tennessee is a smart place for
companies to invest and do business. I am thrilled for the residents
of Clarksville, I congratulate Governor Haslam and Montgomery County
officials on this achievement and am proud to have played a small role
in this outstanding announcement for our state,� said