John Cooksey said "I further understand that any effort, other than the one proposed in the bill, to create a situation where revenues and expenditures stand on the same side of the ledger, allowing annual revenues to offset annual outlays, would result in a technical violation of the scoring rules of the Congressional Budget Office and the Committee on the Budget. The committee, therefore, had to find an accounting offset and the source of funds chosen for the offset was the onetime user fees owed by certain utilities under contracts entered into with the Department of Energy after enactment of the original 1982 statute." @ PoliticalQuotes.com

On the recordOctober 29, 1997

I further understand that any effort, other than the one proposed in the bill, to create a situation where revenues and expenditures stand on the same side of the ledger, allowing annual revenues to offset annual outlays, would result in a technical violation of the scoring rules of the Congressional Budget Office and the Committee on the Budget. The committee, therefore, had to find an accounting offset and the source of funds chosen for the offset was the onetime user fees owed by certain utilities under contracts entered into with the Department of Energy after enactment of the original 1982 statute.

Said by

John Cooksey

Republican · Louisiana

Source

govinfo.gov

Editor's note · Context

Discussing budgetary rules and accounting offsets related to a proposed bill.

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