Political Quotes

“the Bipartisan Budget Act of 2013 passed in December not only provided relief to families and the economy from the harmful effects of sequestration but also put an end to the recent fiscal crises and uncertainty by establishing a bipartisan congressional budget for 2 years. Specifically, the act authorizes the chairmen of the Senate and House Budget Committees to file allocations, aggregates, levels, and other enforcement mechanisms in the Senate and the House for budget years 2014 and 2015. On January 15, I filed the first of the two budgets in the Senate for fiscal year 2014. Today, pursuant to section 116 of the Bipartisan Budget Act of 2013, I am filing the budget in the Senate for fiscal year 2015. Specifically, for the purpose of enforcing the Congressional Budget Act of 1974, section 116 directs the chairman of the Budget Committee to file: allocations for fiscal years 2014 and 2015 for the Committee on Appropriations; allocations for fiscal years 2014, 2015, 2015 through 2019, and 2015 through 2024 for committees other than the Committee on Appropriations; aggregate spending levels for fiscal year 2014 and 2015; aggregate revenue levels for fiscal years 2014, 2015, 2015 through 2019, and 2015 through 2024; and aggregate levels of outlays and revenue for fiscal years 2014, 2015, 2015 through 2019, and 2015 through 2024 for Social Security.…”