I will briefly explain this amendment, which is somewhat technical. It is primarily a managers' amendment. I know there is some concern about time on the other side to get on with some of the amendments which we need to do. Mr. Chairman, this is a manager's amendment primarily a series of technical changes to the bill reflecting dozens of hours of careful consultation with budget process experts, the various committees with interest and jurisdiction, and lockbox advocates. In making these technical changes we are clarifying the effect of lockbox, ensuring that we are in conformity with the Budget Act, addressing a potential vagueness in the language vis-a-vis the other body and fixing a potential constitutional problem with the requirement for lowering the statutory spending caps. Among the modifications we are making, is a change of the language of lockbox from 'accounts' and 'subaccounts' to 'ledger' and 'entries.' The reason for this is to be as clear as possible about the accounting or scorekeeping function assigned to CBO in this process.
Porter Goss: “I will briefly explain this amendment, which is somewhat technical. It is primarily a managers' amendment. I know there…”
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Explaining a managers' amendment with technical changes to a bill regarding budget processes.
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