On the recordNovember 7, 2003
I agree with that view expressed by Senator Burns. Let me continue by saying definitions are everything. The reason the States are very concerned is if the definition is not correct--that is, if it is not specific in exactly what Congress proposes--we could see billions and billions of dollars lost to the State and local governments in revenue they otherwise would have expected. We have a situation where we have a moratorium that expired. The moratorium ought to be extended. I was prepared to extend it permanently if we could find a definition that would be acceptable. That has not yet proven to be the case. Some are now discussing, and I was in some discussions a few moments ago, about a shorter term extension, perhaps 4 years, and use the definition that exists in current law in the moratorium that expired November 1 and try to fix the position with respect to DSL, which is a problem. I don't know how this will come out, but we have a responsibility to try to get this right.
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