Kent Conrad: “If I might go to the second question, because section 6 also is a great concern to this Senator. It is a concern to me…”

“If I might go to the second question, because section 6 also is a great concern to this Senator. It is a concern to me because the language says, ``the Congress shall enforce and implement this article by appropriate legislation, which may rely on estimates of outlays and receipts.'' I would like to inquire of the Senator, does that not put us back much in the condition that we faced with respect to Gramm-Rudman that held out the promise of a process which would lead us to a balanced budget over a 5-year period? What we found was there was a gigantic loophole in that legislation. The loophole was you could base it on estimates or projections. And we got ``Rosie Scenario.''”