Political Quotes

“The Senate proposes rescissions totaling nearly $2.2 billion to Department of Defense programs in their amendment to the 2010 Supplemental Appropriation. These rescissions will not harm DoD programs and will not affect the conduct of continuing operations in Afghanistan or Iraq. The Senate bill proposes rescissions in three categories. First, in section 303, the Senate amendment proposes $1.6 billion in rescissions based on the Department of Defense accounting reports. These rescissions are a reflection of balances that would likely expire at the end of this fiscal year, or be reprogrammed for other efforts. Second, in section 304, the Senate amendment proposes $382.5 million. Of this amount, $260.5 million is from funding appropriated in the American Reinvestment and Recovery Act for facilities sustainment, restoration and modernization. This funding is available for rescission based on contract savings. This section also rescinds $122 million of funding from Marine Corps procurement because the Marine Corps has not been able to spend this money. Third, in section 305, the Senate amendment proposes $203 million. Of this amount, $116 million is derived from an Army procurement program, the Non Line of Sight Launch System (NLOS-LS), which the Department of Defense terminated earlier this year. This section also includes $87 million of funding from Other Procurement, Army due to slower than planned spending rates in Army truck and communications programs.”