Political Quotes

“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. 556, Sportsmen's Act of 2015, as reported from the committee. The full estimate is available on CBO's Web site, www.cbo.gov. Mr. President, I ask unanimous consent that the summary of the cost estimate be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: Congressional Budget Office Cost Estimate S. 556--Sportsmen's Act of 2015 (May 18, 2016) Summary: S. 556 would amend existing laws and establish new laws related to the management of federal lands. It would authorize the sale of certain federal land and permit the proceeds from those sales to be spent. The bill also would establish a fund to carry out deferred maintenance projects on lands administered by the National Park Service (NPS) and would permanently authorize the transfer of funds to the Land and Water Conservation Fund (LWCF). CBO estimates that enacting the bill would increase both direct spending and offsetting receipts (which are treated as reductions in direct spending) by $65 million and $80 million respectively over the 2017-2026 period; therefore, pay-as- you-go procedures apply. Enacting S. 556 would not affect revenues.…”