Political Quotes

On the recordOctober 5, 2011
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 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. The Committee on Appropriations recently reported three bills that are eligible for adjustments under the Budget Control Act. Consequently, I am making adjustments to the 2012 allocation to the Committee on Appropriations and to the 2012 aggregates for spending by a total of $11.896 billion in budget authority and $5.108 billion in outlays. Those adjustments reflect the sum of $2.3 billion in budget authority and $513 million in outlays for funding designated for disaster relief, $8.703 billion in budget authority and $3.821 billion in outlays for funding designated as being for overseas contingency operations, and $893 million in budget authority and $774 million in outlays for program integrity initiatives.…
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Kent Conrad
Democratic · North Dakota

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