Cord Byrd: “Well, President Carter did. President Carter once submitted a balanced budget. I sat right over here in room 211. I was…”

“Well, President Carter did. President Carter once submitted a balanced budget. I sat right over here in room 211. I was then the majority leader of the Senate. I sat over in room 211 on a weekend, brought my little paper bag, with some coal miner's ``steaks''--slices of baloney--in that little paper bag. We had the Secretary of the Treasury, the Director of the Office of Management and Budget, and others. We had the President's men in that room, and we sat through Saturday and Sunday-- and I believe Senator Sarbanes of Maryland, who is now on the floor, was there at that time--and we hammered out a balanced budget. But, the President also has a veto pen. And Mr. Reagan never once vetoed any appropriation bill for that reason, in particular. He vetoed some bills for other reasons.”