Political Quotes

“Mr. President, in compliance with paragraph 11(a) of rule XXVI of the Standing Rules of the Senate, the Committee on Energy and Natural Resources has obtained from the Congressional Budget Office an estimate of the costs of S. 720, the Energy Savings and Industrial Competitiveness Act of 2015, as reported from the committee. I respectfully ask unanimous consent that the summary of the opinion of the Congressional Budget Office be printed in the Congressional Record. The full estimate is available on CBO's Web site www.cbo.gov. There being no objection, the material was ordered to be printed in the Record, as follows: Congressional Budget Office Cost Estimate S. 720--Energy Savings and Industrial Competitiveness Act of 2015 (October 19, 2015) Summary: S. 720 would amend current law and authorize appropriations for a variety activities and programs related to energy efficiency. The bill would require federal agencies that guarantee mortgages to consider whether homes with energy-efficient improvements would affect borrowers' ability to repay mortgages. The bill also would modify certain energy-related goals and requirements for federal agencies. CBO estimates that enacting S. 720 would increase direct spending by $15 million over the 2016-2025 period; therefore, pay-as-you-go procedures apply. Enacting the bill would not affect revenues.…”