Political Quotes

John Campbell: H.R. 1867, this bill before us, would increase spending for the National Science Foundation by 9.9 percent in the first…

On the recordMay 2, 2007
H.R. 1867, this bill before us, would increase spending for the National Science Foundation by 9.9 percent in the first year, 7.4 percent in the second year and 7.3 percent in the third year, for an increase of over 25 percent over a 3-year period. Now, Mr. Chairman, that is an amount, and I, too, am someone who has sympathy for some of the things that the National Science Foundation does. However, even over the last few years where we have had very large percentage increases in our revenues to the Federal Government, they haven't been as large as this over the last 3-year period. In fact, in the next 3-year period, any of the prognosticators, whether it be the Office of Management and Budget or any of the other prognosticators, are not estimating that we will have a 25 percent increase in revenue over the next 3 years. So therefore, this proposes to increase spending at a rate greater than revenue is projected to increase over the next 3 years. This amendment would simply reduce the amount of this increase by 1 percent per year.
Said by
John Campbell
California

Editor's note · Context

Discussing the proposed spending increases for the National Science Foundation in relation to federal revenue projections.

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