Political Quotes

“I previously filed budgetary aggregates and committee allocations for budget year 2015 pursuant to section 116 of the Bipartisan Budget Act of 2013. Today I am adjusting those levels to account for three reported bills from the Appropriations Committee. 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 allows the chairman of the Budget Committee to establish and make revisions to allocations, aggregates, and levels consistent with those adjustments. The Committee on Appropriations reported three bills that are eligible for an adjustment under the Congressional Budget Act: 1) The State, Foreign Operations, and Related Agencies Appropriations Act, which includes $8.625 billion in budget authority and $2.5 billion in outlays that is designated as Overseas Contingency Operations (OCO) funding. 2) The Homeland Security Appropriations Act, which includes $213 million in budget authority and $170 million in outlays that is designated as OCO funding and $6.438 billion in budget authority and $322 million in outlays that is designated as disaster funding. 3) The Defense Appropriations Act, which includes $59.719 billion in budget authority and $28.368 billion in outlays that is designated as OCO funding.…”