On the recordSeptember 12, 2023
the Fiscal Responsibility Act of 2023--the FRA, by its initials--which Congress passed 3 months ago, represented a bipartisan agreement. It resolved a manufactured default crisis. It avoided an economic catastrophe that was threatened, and it set funding levels for the upcoming year. Pursuant to section 121 of that Act, I previously filed, on June 21, budgetary aggregates and committee allocations for fiscal year 2024. Today, I am adjusting those levels to account for Senate amendment No. 1092 to H.R. 4366, the proposed package making appropriations for the fiscal year ending September 30, 2024. This first package includes the fiscal year 2024 Military Construction, Veterans Affairs, and Related Agencies; Transportation, Housing and Urban Development, and Related Agencies; and Agriculture, Rural Development, Food and Drug Administration, and Related Agencies appropriations bills. Section 251 of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the FRA, establishes statutory limits on discretionary funding levels for fiscal years 2024 and 2025, and allows for adjustments to those limits. Sections 302 and 314(a) of the Congressional Budget Act allow the chairman of the Budget Committee to revise the allocations, aggregates, and levels consistent with those adjustments. Senate amendment No. 1092 is eligible for an adjustment.…





