Don Nickles: “If this amendment were adopted, it would more than complicate the debt limit extension. We have already mentioned that.…”

“If this amendment were adopted, it would more than complicate the debt limit extension. We have already mentioned that. Senators are aware of that. I have already said I will work with members of the committee. I will work with other Members for budget process reform. I welcome ideas and input. We can do a better job. Under present law, if this passed, for those people who have an interest in passing a prescription drug bill, it won't happen. The budget resolution says we can have a prescription drug bill within $400 billion reported by the Finance Committee. A budget point of order would not lie against it. If this amendment passed, every penny of it would have to be paid for with either revenue increases or cuts, presumably in Medicare or Medicaid. My guess is you would not have it.”