Political Quotes

“I previously filed budgetary aggregates and committee allocations for budget years 2014 and 2015 pursuant to section 116 of the Bipartisan Budget Act of 2013. Today, I am adjusting those levels. Section 251 of the Balanced Budget and Emergency Deficit Control Act of 1985 establishes statutory limits on discretionary spending and allows for various adjustments to those limits, while sections 302 and 314(a) of the Congressional Budget Act allow the Chairman of the Budget Committee to establish and make revisions to allocations, aggregates, and levels consistent with those adjustments. The Senate will be considering legislation that is eligible for adjustments under the Congressional Budget Act: S. 2648, the Emergency Supplemental Appropriations Act, 2014, which includes $3.571 billion in budget authority and $2.913 billion in outlays that is designated as emergency funding pursuant to section 251(b)(2)(A)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985. Consequently, I am revising the budgetary aggregates for 2014 by a total of $3.571 billion in budget authority and $25 million in outlays. I am also revising the budgetary aggregates for 2015 by a total of $2.888 billion in outlays. In addition, I am revising the budget authority and outlay allocations to the Appropriations Committee for 2014 by $3.346 billion in nonsecurity budget authority, $225 million in security budget authority, and $25 million in total outlays.…”