ms. stabenow: mr. president? the presiding officer: the senator from michigan. ms. stabenow: i, too, join with our colleague from oregon in raising great concern about what this proposal would do. this is a proposal we've seen actually three of them now that would cut all federal funding for any community that has either defaulted or, more importantly, is at risk, has problems financially. so what does that mean. the presiding officer: it means any city, any county, local unit of government struggling with a tight budget could potentially lose all federal funding? we're not talking about a bailout here. we're talking about the same federal funds that go to every community. no funding for emergency services like police departments and fire departments, no funding for transportation, for roads and bridges, cutting off funding for special education and for our schools, no funding for economic development to help these communities who are challenged because of possibly economic circumstances or shifting manufacturing base or other economic issues beyond their control. so