On the recordJanuary 24, 1995
I want to now start explaining this chart, or I should say, these two charts. We could not fit all of these procedures onto one chart, so we actually had to make up two charts to show what goes on here with S. 1. And, again, I am not going to go through every step, but I am going to try to take you through a little bit of it because here we are about to pass this bill, and I venture to say not too many people in the U.S. Senate are aware of what we are about to do here unless there are some changes. The legislative committee proposes the bill that will likely impact State and local governments or the private sector. It then goes to the committee which, if it approves the bill, now has to take two tracks. The committee sends the bill to the Congressional Budget Office with identification of any Federal mandate, and CBO, the Congressional Budget Office, sets its whole process in motion.
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