Political Quotes

“pursuant to section 904 of the Congressional Budget Act of 1974, the waiver provisions of applicable budget resolutions, and section 4(g)(3) of the Statutory Pay-As-You-Go Act of 2010, I move to waive all applicable sections of those Acts and applicable budget resolutions for purposes of the pending conference report, and I ask for the yeas and nays. However, I ask unanimous consent that the letter from CBO be printed in the Record at this point, which indicates that not only is everything paid for in this bill, it reduces the debt. There being no objection, the material was ordered to be printed in the Record, as follows: Congressional Budget Office, U.S. Congress, Washington, DC, June 29, 2012. Hon. David Dreier, Chairman, Committee on Rules, House of Representatives, Washington, DC. Dear Mr. Chairman: The Congressional Budget Office has reviewed the conference report for H.R. 4348, MAP-21, as posted on the Web site of the House Committee on Rules on June 28, 2012. CBO estimates that enacting H.R. 4348 would reduce budget deficits over the 2012-2022 period by $16.3 billion. That figure does not include effects that may be counted for budget enforcement purposes in the House of Representatives. Specifically, the House-passed budget resolution calls for counting transfers from the general fund of the Treasury to the Highway Trust Fund as new spending.…”