Political Quotes

Larry Combest: Those funds in the carryforward account are obligated and were authorized and appropriated for specific purposes of…

On the recordMay 22, 1996
Those funds in the carryforward account are obligated and were authorized and appropriated for specific purposes of which the new authorizations that we are looking at now would not include. Those are still going to have to be expended. They would have had to have been expended at some point in time. And that is the point I was making earlier, was that if the Congress wants to go back and cancel some of those programs that have already been approved that this money was there for, that is a totally different subject. But as long as those are still to be moving forward in the new satellite architecture, all those funds in the carryforward account at some point have to be expended on those programs. And the moneys we are looking at now are not going in the carryforward, they are going into additional expenditures for those programs above what the carryforward accounts accounted for.
Said by
Larry Combest
Texas

Editor's note · Context

Discussing the allocation and expenditure of funds in the carryforward account.

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