mr. alexander: i ask unanimous consent that speakers on the republican side be allocated up to ten minutes each. the presiding officer: without objection. mr. alexander: madam president, finally washington is taking some responsibility for spending money that we don't have. at a time when the federal government is borrowing 40 cents of every dollar it spends, this is a welcome change in behavior, and i gladly support it. make no mistake, this is a change in behavior from spend, spend, spend to cut, cut, cut. let me give you one example. on christmas eve in 2010, congress raised the debt ceiling and attached to it $1 trillion in new spending over ten years in the new health care law. this time for every dollar we're raising the debt ceiling, we're reducing spending by $1, not adding to it. this reduction in spending over ten years is about $2.4 trillion. here's another example. according to senator portman, who used to be the nation's budget director, the congressional budget office would say that if congress did this kind of dollar-for-dollar reduction for spending every time a president asked to us raise the debt ceiling, we'd balance the