Kent Conrad: “If you want to gut pay-go this is your opportunity. This amendment would completely overturn the pay-go discipline. The…”

“If you want to gut pay-go this is your opportunity. This amendment would completely overturn the pay-go discipline. The pay-go discipline, as all Members know, says: If you are going to have new mandatory spending, you have got to pay for it. If you want more tax cuts, you are going to have to offset them. This amendment would completely strip all of the points of order that exist under the pay-go discipline. This would be a return to deficits and debt as far as the eye can see at the worst possible time, just before the baby boomers retire. This is a critical and defining amendment. I urge my colleagues to vote no.”