Political Quotes

“Basically, Mr. President, this amendment tries to address a concern that a number of my constituents, and I suspect constituents from other States, have expressed in recent weeks with respect to the development of this budget. As the President and Members are aware near the end of discussions and deliberations that went into the development of this budget agreement, the Congressional Budget Office informed the negotiators at the last minute that they had underestimated the income shares, the revenue estimate, for the upcoming 5-year period by some $225 billion. Obviously, a lot of questions have been raised. I am not here tonight to quarrel with or to raise questions about the basis on which those adjustments took place, but the fact is, Mr. President, based on these adjustments, we are moving forward with a budget that estimates certain amounts of revenue. Clearly, it is possible that sometime during the period that this budget covers over the next 5 years we might find further adjustments occurring.”