On the recordJune 21, 2012
I call up my amendment No. 2455 and ask that it be modified with the changes at the desk. The PRESIDING OFFICER. Without objection, the amendment will be so modified. The clerk will report. The Senator from Washington [Mrs. Murray] proposes an amendment numbered 2455, as modified. The amendment is as follows: (Purpose: To require the Office of Management and Budget, the President and the Department of Defense to submit detailed reports to Congress on effects of defense and nondefense budget sequestration for fiscal year 2013) At the appropriate place, insert the following: SEC. __. REPORTS ON EFFECTS OF DEFENSE AND NONDEFENSE BUDGET SEQUESTRATION. (a) Findings.--Congress makes the following findings: (1) The inability of the Joint Select Committee on Deficit Reduction to find $1,200,000,000,000 in savings will trigger automatic funding reductions known as ``sequestration'' to raise an equivalent level of savings between fiscal years 2013 and 2021. (2) These savings are in addition to $900,000,000,000 in deficit reduction resulting from discretionary spending limits established by the Budget Control Act of 2011.…





