Political Quotes

“Mr. President, I submit to the Senate a letter from the Congressional Budget Office, dated today, that tallies the effect of enacted legislation on the fiscal year 2025 budget. There hasn't been any. The Fiscal Responsibility Act of 2023 included provisions that acted as a budget for fiscal years 2024 and 2025. On May 14, 2024, I filed the budgetary levels used for the fiscal year 2025 budget; since then, no legislation has cleared Congress that changes revenue or mandatory spending by more than $500,000 over 10 years. The effects round to zero. I ask unanimous consent that CBO's letter be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: Congressional Budget Office, U.S. Congress, Washington, DC, September 19, 2024. Hon. Sheldon Whitehouse, Chairman, Committee on the Budget, U.S. Senate, Washington, DC. Dear Mr. Chairman: This letter reports on the effects of Congressional action on the fiscal year 2025 budget and is current through September 16, 2024. It is submitted under section 308(b) and in aid of section 311 of the Congressional Budget Act, as amended.…”