Haley Stevens: “there are a few times when a chairman faces dilemmas of this magnitude. I support the concept of more funds going to…”

“there are a few times when a chairman faces dilemmas of this magnitude. I support the concept of more funds going to schools and to the Disabilities Act. If I make a point of order, and the Senator makes a motion to waive the point of order, I think that will carry. I think the Senate will vote to waive. I know that my friends on the Democratic side of the aisle would vote to make that money available and, obviously, I think Members on this side of the aisle think this is a way to somehow or another deal with the budget in a different way using the stabilization fund. The net result of the Senator's amendment, if the budget is waived, is that there will be $5 billion spent from the stabilization fund and that, in effect, would require our committee to go back and take $5 billion out of the nondefense side of the budget and rescind it. If we did not do that, our whole bill is subject to a point of order and the disaster money and the defense money that we so vitally need will not be available. I can tell the Senate, it would take me a week to find $5 billion in nondefense money that we could rescind for 1998. The Senator is aware, I am sure, that his amendment makes the money available in 1998. It says that in 1998 the administration is directed to spend $5 billion from the stabilization fund.”