Political Quotes

On the recordJuly 29, 2011
Well, the Arizona State capitol was sold and leased back. So there's no telling what they might want to do. But the really regrettable part of this is the process that we're in. Because we just passed a bill that provides for trillions of dollars in unspecified cuts. They slapped the thing together behind closed doors. The final version was developed this morning after the bill had been debated. There was only 1 minute left in the debate, and they changed the bill. They added in the balanced budget amendment and some other kinds of changes and sprung it on the House. We finished the debate this afternoon. Vote it up or down, no amendments. We took all that time doing it on a bill that 53 Senators have signed a letter saying that they're going to oppose it as soon as it gets over there. Now, I said unspecified amendments because they don't cut anything in their bill. There are no cuts. There are caps. So we don't know what the cuts will be because they're just spending caps. We will find out next month what they have in mind because that's when we'll try to appropriate under the caps, and then we'll figure out what actually has to be cut. But we'd have an idea of what they might cut because earlier this year they had a bill of about $66 billion. Annualized, that would be about a hundred billion for the full year. In 10-year costs, that would be about a trillion. So if you want to know what a trillion-dollar 10- year cut would look like, we can see it. Look at what they cut.…
Said by
Bobby Scott
Democratic · Virginia
Source
govinfo.gov
Jul 29, 2011

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