I hope every senior citizen and every disabled American was listening to the presentation made by the Senator from Utah and the Senator from Arizona. The Reid balanced budget amendment balances the budget, but not on the backs of senior citizens. I also think the American public who listened to the presentation of the Senator from Utah could recognize that this is legal mumbo jumbo, his amendment better than any amendment. I am going to give you a lawyer's interpretation of why. The American people do not need lawyers telling them what is right. The Reid amendment allows the balanced budget to take place, but not on the backs of senior citizens. It allows a balanced budget to be treated as States are treated, where you protect the pensioners and you allow capital construction. It is as simple as that, just like States are handled. Just like the State of Utah, just like the State of Arizona, just like the State of Connecticut, just like all of the States of the country, we have an operating budget and a capital budget. No legal mumbo jumbo will take away from the basic tenets of my amendment.
Editor's note · Context
The speaker is addressing the implications of the balanced budget amendment for senior citizens and disabled Americans.
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