Political Quotes

“Madam President, I wish to submit to the Senate the budget scorekeeping report for January 2018. The report compares current-law levels of spending and revenues with the amounts the Senate agreed to in the budget resolution for fiscal year 2018, H. Con. Res. 71. This information is necessary for the Senate Budget Committee to determine whether budget points of order lie against pending legislation. The Republican staff of the Senate Budget Committee and the Congressional Budget Office CBO prepared this report pursuant to section 308(b) of the Congressional Budget Act, CBA. The enforceable levels included in this report reflect all of the numerical adjustments made to the resolution since its passage. These adjustments include an update to enforceable levels for legislation enacted after the June 2017 CBO baseline was released but before enactment of the resolution, October 30, 2017; a revision to aggregates and allocations to accommodate legislation fulfilling the budget resolution's reconciliation instructions, December 19, 2017; and a revision to aggregates and the Appropriations Committee's allocation for emergency spending found in Fiscal Year 2018's third continuing resolution, H.R. 1370, December 21, 2017. The information contained in this report captures legislative activity from the passage of the budget resolution through January 11, 2018. Republican Budget Committee staff prepared tables 1 through 4 of this report.…”