Political Quotes

On the recordJune 18, 2010
This is the Statement of Budgetary Effects of PAYGO legislation for H.R. 3962, as amended by Senate Amendment No. 4383. This statement has been prepared pursuant to Section 4 of the Statutory Pay-As-You-Go Act of 2010, Public Law 111-139, and is being submitted for printing in the Congressional Record prior to passage of H.R. 3962, as amended, by the Senate. Total Budgetary Effects of H.R. 3962: 2010-2015--net decrease in deficit of $2.384 billion. 2010-2020--net decrease in deficit $168 million. Reduction of Total Budgetary Effects for Current Policy under Section 7: 2010-2015--$6.348 billion. 2010-2020--$6.348 billion. Total Budgetary Effects of H.R. 3962 for the 5-year Statutory PAYGO Scorecard: -$8.732 billion. Total Budgetary Effects of H.R. 3962 for the 10-year Statutory PAYGO Scorecard: -$6.516 billion. I ask unanimous consent to have printed in the Record a table prepared by the Congressional Budget Office, which provides additional information on the budgetary effects of this act.…
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Kent Conrad
Democratic · North Dakota

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