Political Quotes

On the recordJune 29, 2012
I previously filed committee allocations and budgetary aggregates pursuant to section 106 of the Budget Control Act of 2011. Today, I am adjusting some of those levels, specifically the allocation to the Committee on Appropriations for fiscal year 2013 and the budgetary aggregates for fiscal year 2013. Section 101 of the Budget Control Act allows for various adjustments to the statutory limits on discretionary spending, while section 106(d) allows the chairman of the Budget Committee to make revisions to allocations, aggregates, and levels consistent with those adjustments. The Committee on Appropriations reported four bills that are eligible for adjustments under the Budget Control Act. Consequently, I am making adjustments to the 2013 allocation to the Committee on Appropriations and to the 2013 aggregates for spending by a total of $9.245 billion in budget authority and $2.385 billion in outlays. Those adjustments reflect the sum of $5.648 billion in budget authority and $403 million in outlays for funding designated for disaster relief, $2.547 billion in budget authority and $1.075 billion in outlays for funding designated as being for overseas contingency operations, and $1.050 billion in budget authority and $907 million in outlays for program integrity initiatives.…
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Kent Conrad
Democratic · North Dakota

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