Political Quotes

“I wish to submit to the Senate the budget scorekeeping report for October 2015. The report compares current law levels of spending and revenues with the amounts provided in the conference report to accompany S. Con. Res. 11, the budget resolution for fiscal year 2016. This information is necessary to determine whether budget points of order lie against pending legislation. It has been prepared by the Republican staff of the Senate Budget Committee and the Congressional Budget Office, CBO, pursuant to section 308(b) of the Congressional Budget Act. This is the third report I have made since adoption of the fiscal year 2016 budget resolution on May 5, 2015. My last filing can be found in the Congressional Record on September 10, 2015. The information contained in this report is current through October 26, 2015. Table 1 gives the amount by which each Senate authorizing committee is below or exceeds its allocation under the budget resolution. This information is used for enforcing committee allocations pursuant to section 302 of the Congressional Budget Act of 1974, CBA. For fiscal year 2015, which ended on September 30, 2015, Senate authorizing committees have increased direct spending outlays by $7.8 billion more than the agreed upon spending levels. Over the fiscal year 2016-2025 period, which is the entire period covered by S. Con. Res. 11, Senate authorizing committees have spent $2.2 billion less than the budget resolution calls for.…”