Political Quotes

“Madam President, I rise to submit to the Senate the sixth budget scorekeeping report for the 2010 budget resolution. The report, which covers fiscal year 2010, was prepared by the Congressional Budget Office pursuant to section 308(b) and in aid of section 311 of the Congressional Budget Act of 1974, as amended. The report shows the effects of congressional action through June 7, 2010, and includes the effects of legislation enacted since I filed my last report for fiscal year 2010 on April 15, 2010. The estimates of budget authority, outlays, and revenues are consistent with the technical and economic assumptions of S. Con. Res. 13, the 2010 budget resolution. The estimates show that for fiscal year 2010 current level spending is above the levels provided in the budget resolution by $3.1 billion for budget authority and $5.8 billion above for outlays. For revenues, current level shows that $14.2 billion in room remains relative to the budget resolution level. I ask unanimous consent that the letter and accompanying tables from CBO be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: U.S. Congress, Congressional Budget Office, Washington, DC, June 10, 2010. Hon. Kent Conrad, Chairman, Committee on the Budget, U.S. Senate, Washington, DC. Dear Mr. Chairman: The enclosed report shows the effects of Congressional action on the fiscal year 2010 budget and is current through June 7, 2010.…”