I think the committee report language that was prepared by the committee, of which the distinguished Senator from Utah is chairman, makes one of the best cases against this amendment. He says there won't be any more games played. Take a look at this report. It tells you what games to play. Let me read it. Talking about the estimates of outlays and receipts, it says, ``Estimates means good faith, responsible, and reasonable estimates made with honest intent to implement section 1, and not evade it. This provision gives Congress an appropriate degree of flexibility.'' We have got more and more ways to play games. It ``gives Congress an appropriate degree of flexibility in fashioning necessary implementing legislation. For example, Congress could use estimates of receipts or outlays at the beginning of the fiscal year to determine what the balanced budget requirement of section 1 would be so long as the estimates are reasonable and made in good faith.'' Now we are going to play games about who is reasonable, what is reasonable, and what isn't. ``In addition, Congress could decide that a deficit caused by a temporary self-correcting drop in receipts or increase in outlays during the fiscal year would not violate the article.…
Cord Byrd: “I think the committee report language that was prepared by the committee, of which the distinguished Senator from Utah…”
Editor's note · Context
Discussing the implications of committee report language on budget estimates and flexibility.
Share
More from Cord Byrd
the State of West Virginia and the Nation's coal industry lost a very good man last week, and I lost a good friend. Mr. Stephen Young, a native of Buckhannon, WV, who had been the vice president of government affairs at Consol Energy for…
It has been written that King of England Edward I--known as the ``Hammer of the Scots''--once tried to prohibit London's burning of coal. He is said to have proclaimed, ``Be it known to all within the sound of my voice, whoever shall be…
I was saddened to learn that my good friend and former colleague, Senator Howard Metzenbaum, has passed away. He was a man of courage, conviction, commitment, and toughness. He was a labor lawyer and union lobbyist, who grew up in poverty…
Florida is committed to ensuring that all eligible Floridians who want to vote have the opportunity to do so.





