On the recordApril 29, 2004
I believe we have made pretty good progress, not just today but over the last several weeks, maybe the last several months, in terms of narrowing our differences. I am encouraged by that. I hope others of us are as well. One of the great concerns some of us had was a moratorium on the ability of State and local governments to collect certain kinds of revenues that lasted forever. I am pleased that is not the case anymore. We have a moratorium of a finite duration, and the duration of the moratorium will be 4 years. I am encouraged that we entered into a healthy negotiation on just how can we make sure State and local governments which traditionally derive revenue from telephone operations continue to do that. We had a good-faith negotiation, and that led to an amendment offered by Senator McCain that was accepted unanimously. That was a very important provision. There is one more issue I believe needs to be addressed. It is addressed in the Feinstein amendment. If somehow the Feinstein amendment could be adopted, I believe we would have a bill--in fact, we would have a bill I would vote for.
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