Political Quotes

On the recordOctober 20, 2011
I previously filed committee allocations and budgetary aggregates pursuant to section 106 of the Budget Control Act of 2011. I am further adjusting some of those levels, specifically the allocation to the Committee on Appropriations for fiscal year 2012 and the budgetary aggregates for fiscal year 2012. 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. Senator Lautenberg has offered Senate amendment No. 836 to the appropriations bill for Agriculture, Rural Development, Food and Drug Administration, and related agencies. That amendment includes $365 million in 2012 funding that is designated for disaster relief pursuant to the Budget Control Act of 2011. CBO estimates that budget authority would result in $18 million in outlays in 2012. In addition, Senator Gillibrand has offered Senate amendment No. 869 to the Agriculture appropriations bill. That amendment includes $110 million in 2012 funding that is designated for disaster relief pursuant to the Budget Control Act of 2011. CBO estimates that budget authority would result in $44 million in outlays in 2012. Therefore, in total, I am revising the allocation to the Committee on Appropriations and to the budgetary aggregates by $475 million in budget authority and $62 million in outlays.…
Said by
Kent Conrad
Democratic · North Dakota

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