In fact, the offsets can come, when this happens, if the President decides to waive it now, he, under this bill, would be required to provide the offset. We could make it very clear that they were not to be taken out of military spending or out of defense spending or anything else. I think it misrepresents to say it would necessarily work to the detriment of any group.
Discussing the implications of a bill regarding budget offsets.
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Just to briefly say, Mr. Speaker, the President has agreed to the date. Obviously he is confident that he is in fact going to be reelected. I do not share that confidence, but he believes that he will be. Therefore, he is going to have…
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The gentlewoman makes a very, very strong point. This is one way that we can help preserve the industrial base. If we see that shrink dramatically, it would, in fact, jeopardize us in the event we have hostilities somewhere else in the…
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