Byron Dorgan: “The Reid amendment is designed to make sure that we do two things at once--balance the Federal budget by exacting the…”

“The Reid amendment is designed to make sure that we do two things at once--balance the Federal budget by exacting the discipline needed to do that in the Constitution, but while we do it, keeping our promise to those who we made a promise to with the Social Security system, saying that you are paying taxes into the system, that taxes are dedicated for one purpose, and we are going to honor that. That is what the Reid amendment is about. Without the Reid amendment, this constitutional amendment doesn't balance the budget.”