Political Quotes

On the recordJanuary 25, 1996
Moving right along, Mr. Speaker, the bill directs the Architect of the Capitol to sell a House office building that has been declared excess and enacts into law $1.2 billion in legislative savings from the various housing programs under the VA-HUD appropriations bill, as shepherded by the distinguished and very capable gentleman from California. It provides for the sale of 7 million barrels of oil from the strategic petroleum reserve, which results in increased Federal revenues of $100 million. There are additional program terminations; in addition to those eight programs that were terminated by an earlier continuing resolution, House Joint Resolution 122, there are 10 programs which I will incorporate in the Record which are terminated by this act. Finally, as was pointed out in one of the reservations of objection to the previous unanimous consent request, the bill proposes to freeze new grant activities at a level not exceed 75 percent of the prior monthly rate for the duration of this continuing resolution for various activities which will be made part of the Record.
Said by
Edward Livingston
Louisiana

Editor's note · Context

Discussing provisions of a bill related to budget savings and program terminations.

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