What about all the Senators coming to the floor and saying the sky is falling, debt is bad, interest on the debt is bad, deficits are bad, and we have to do something about it and take the burden off our children, and vote for a balanced budget amendment? The Senator has been perfectly honest. He says this amendment doesn't require a balanced budget. Well, let's quit saying, then, that it requires a balanced budget. He is saying that the estimates here are wrong. He may be implying that the people who make the estimates, once the constitutional amendment is adopted, will have greater expertise than those, who are the best in the world right now, who made these estimates.
Cord Byrd: “What about all the Senators coming to the floor and saying the sky is falling, debt is bad, interest on the debt is bad…”
Editor's note · Context
Discussing the implications of a balanced budget amendment during Senate debate.
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