If this balance is done on the basis of estimates, there is no estimate that will ever be accurate.
Editor's note · Context
Senator Byrd discusses the challenges of relying on estimates for budget balance.
Share
More from Harry Flood Byrd
It would encourage inaccurate estimates, and all of the estimates going over the past 10 or 12 years, as I showed on the chart earlier, are off. Some revenue estimates are overly optimistic, others are not. Some outlay estimates are overly…
I congratulate the distinguished Senator from Louisiana on the statement that he has just made and also on the stand that he has taken. He mentions the danger, the utter folly of doing something here that would allow the courts, that would…
Winter tames man, woman, and beast,'' but Robert Browning has announced the good news: The year's at the spring. And the day's at the morn; Morning's at seven; The hillside's dew-pearled; The lark's on the wing; The snail's on the thorn…
The courts are increasingly looking to the four corners of the law, rather than to legislative history as expressed on the Senate floor. I know the majority leader's intentions are what he said they were, namely, that this term…





