I respond to my friend from Alabama that we have significant experience with capital budgets. We have set forth in the Federal budget capital expenditures. We have used that for some 40-odd years and, of course, all State governments--not all, but virtually all--use the capital budget. We have significant experience with which to direct our implementing language relating to capital budgets. So I think that would be fairly easy, I say to my friend. Does that answer the Senator's question?
Editor's note · Context
The speaker discusses the experience and implementation of capital budgets in federal and state governments.
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