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On the recordSeptember 28, 2010
Mr. President, this is the Statement of Budgetary Effects of PAYGO legislation for H.R. 3219, as amended. Total Budgetary Effects of H.R. 3219 for the 5-year Statutory PAYGO Scorecard: net decrease in the deficit of $394 million. Total Budgetary Effects of H.R. 3219 for the 10-year Statutory PAYGO Scorecard: net decrease in the deficit of $8 million. Also submitted for the Record as part of this statement is a table prepared by the Congressional Budget Office, which provides additional information on the budgetary effects of this Act, as follows: CBO ESTIMATE OF THE STATUTORY PAY-AS-YOU-GO EFFECTS FOR H.R. 3219, THE VETERANS' BENEFITS ACT OF 2010 AS PROVIDED BY THE SENATE COMMITTEE ON THE BUDGET ON SEPTEMBER 27, 2010 -------------------------------------------------------------------------------------------------------------------------------------------------------- By fiscal year, in millions of dollars-- ------------------------------------------------------------------------------------------------------------------------ 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2010-2015 2010-2020 -------------------------------------------------------------------------------------------------------------------------------------------------------- Net Increase or Decrease (-) in the Deficit Statutory Pay-As-You-Go Impact 0 0 -154 -70 -115 -55 74 74 77 79 82 -394 -8 a.............................…
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Kent Conrad
Democratic · North Dakota

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Sep 6, 2016

I would say to you, as I looked at this, I saw Social Security as the bedrock.

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We did have a chance to look at what you and the Congressman have offered, and we think that makes a significant contribution to this discussion and debate, and we appreciate that.

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I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.

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