Conrad Burns: “I was raised in an area where economics or your economic well-being was judged by your accounts receivable which was in…”

“I was raised in an area where economics or your economic well-being was judged by your accounts receivable which was in your left front pocket and your accounts payable were in your right front pocket. And nothing happens in the right front until something happens in the left front. That is the way we should operate this Government, because I come out of local government where we were not only the people who set the budget, we were also the same three people who were on the appropriations. We appropriated the money and spent it. Let us take a look at this budget this morning. Yes, there are some things that we like about the budget and some things we want to work with the Budget Committee on. But there are some that I think we have forgotten as we are making our assumptions on how we do our business. No. 1, it is my opinion that we have to get away or depart from baseline budgeting.”