Political Quotes

“Mr. President, I wish to submit to the Senate the budget scorekeeping report for July 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 first report I have made since adoption of the 2016 budget resolution on May 5, 2015. I will provide these reports periodically, generally one per work period. The information contained in this report is current through July 7, 2015. Table 1 gives the amount by which each Senate authorizing committee exceeds or is below 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 is still enforced under the deemed budget resolution from the Bipartisan Budget Act of 2013, BBA, Senate authorizing committees have increased direct spending outlays by $7.8 billion more than the agreed-upon spending levels. Over the fiscal years 2016-2025 period, which is the entire period covered by S. Con. Res.…”