Political Quotes

On the recordDecember 22, 2010
This is the Statement of Budgetary Effects of PAYGO Legislation for H.R. 6517, as amended. Total Budgetary Effects of H.R. 6517 for the 5-year Statutory PAYGO Scorecard: net decrease in the deficit of $2.208 billion. Total Budgetary Effects of H.R. 6517 for the 10-year Statutory PAYGO Scorecard: net decrease in the deficit of $450 billion. 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 THE SENATE AMENDMENT IN THE NATURE OF A SUBSTITUTE TO H.R. 6517, THE OMNIBUS TRADE ACT OF 2010, AS TRANSMITTED TO CBO ON DECEMBER 22, 2010 [Millions of dollars, by fiscal year] -------------------------------------------------------------------------------------------------------------------------------------------------------- 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2011-2015 2011-2020 -------------------------------------------------------------------------------------------------------------------------------------------------------- Net Increase or Decrease (-) in the Deficit Statutory Pay-As-You-Go Impact........ 122 115 25 5 -2,475 2,475 0 0 0 -717 -2208 -450 -------------------------------------------------------------------------------------------------------------------------------------------------------- Note: Components may not sum to totals because of rounding.…
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Kent Conrad
Democratic · North Dakota

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