C. W. Bill Young: “Mr. Speaker, an earlier speaker had mentioned that this bill was $2…”

On the recordJune 29, 2000

Mr. Speaker, an earlier speaker had mentioned that this bill was $2 billion over the original House bill. I think there was a mistake in addition or subtraction. Because the House bill that we passed on March 30 was $12.7 billion. This conference report is $11.2 billion. So that is less than the House-passed bill. Now, that is unusual because normally when we come back from conference we have a bill that is much larger than either the House or the Senate. Now, there is one reason that this bill might appear to be higher is because of a provision that sets aside $4 billion to be used exclusively to pay down on the national debt. If we add that $4 billion, then, of course, the number gets higher. But that $4 billion is not spent. It is reserved and it is set aside to pay down the debt.

Said by

C. W. Bill Young

Republican · Florida

Source

govinfo.gov

Editor's note · Context

Discussing the differences between the House bill and the conference report regarding budget allocations.

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C. W. Bill Young: “Mr. Speaker, an earlier speaker had mentioned that this bill was $2 billion over the original House bill. I think there…”

Editor's note · Context