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Occurrences in the Congressional Record

Entry Title Date
Budget Scorekeeping Report May 11, 2016
Michael Enzi, R-WY
"CBO’s report also provides information needed to enforce the Senate’s pay-as-you-go rule. As part of the fiscal year 2017 enforcement filing, the Senate’s pay-as-you-go scorecard was reset to zero. The scorecard will reflect the deficit effects of legislation over the fiscal year 2016-2021 and fiscal year 2016-2026 periods. Prior to updating the pay-as-you-go scorecard for the new budget window, the scorecard showed deficit reduction of $20.4 billion and $95.7 billion over the fiscal year 2015-2020 and fiscal year 2015-2025 periods, respectively. This balance was largely attributable to counting the offsets contained in BBA 15 but not the spending, which was discretionary and subject to future appropriations actions, and omitting legislation from the scorecard that increases the deficit, for instance section 1001(b) of title X of division O of P.L. 114-113, which kept most of revenue and direct spending provisions included in the bill from being counted. The Senate’s pay-as-you-go rule is enforced by section 201 of S. Con. Res. 21, the fiscal year 2008 budget resolution."
Comprehensive Addiction And Recovery Act Of 2015 March 9, 2016
Lamar Alexander, R-TN
"A number of us believe that it would be appropriate in connection with this innovation legislation to have a surge of additional funding for specific projects at the National Institutes of Health but not at the expense of a steady increase in the regular discretionary funding. There are a variety of reasons for that. I won’t go into them all today because the Senator from Illinois may want to speak. But if we are talking about mandatory funding, mandatory funding is already out of control, and the President’s new budget has $682 billion of mandatory funding in it. It also has new taxes to pay for it, which the Congress isn’t going to adopt. The more responsible proposal would be to reduce mandatory funding by $682 billion."
Balanced Budget Amendment February 11, 2016
Orrin Hatch, R-UT
"The Congressional Budget Office has a new budget, an economic outlook that projects the national debt rising by nearly $10 trillion over the next decade. Looking beyond the next decade, CBO says that under current law, the national debt will explode to more than 150 percent of GDP, the highest level in American history. CBO also says that interest on the national debt is one of the engines driving the debt even higher. A national debt of this magnitude undercuts the economic growth necessary to minimize borrowing to fund the government. Rising interest costs for such a monstrous debt add to the debt on which more interest must then be paid."
Budgetary Revisions December 18, 2015
Michael Enzi, R-WY
"Madam President, on November 2, 2015, the President signed the Bipartisan Budget Act of 2015 into law, H.R. 1314, P.L. 114-74. This bill passed the House of Representatives by a vote of 266 to 167 and the Senate by a vote of 64 to 35. Section 101 of H.R. 1314 redefined the term “discretionary spending limit” to add $50 billion in budget authority for fiscal year 2016. This increase was split evenly between defense and nondefense spending. More specifically it increased the fiscal year 2016 discretionary spending limit for the revised security category to $548.091 billion in new budget authority and the revised nonsecurity category to $518.491 billion in new budget authority. Section 3404 of the fiscal year 2016 budget resolution provides me with the authority to adjust levels and allocations for such changes in definitions in enacted legislation. I am therefore adjusting the allocation to the Committee on Appropriations and the budgetary aggregates to reflect the spending limits of the Bipartisan Budget Act of 2015."
Trade Act Of 2015—Continued October 29, 2015
Rand Paul, R-KY
"CATO writes: “The Gipper’s [Ronald Reagan’s] ghost is probably looking down from heaven at the new budget deal between congressional leaders and the Obama administration and saying `there they go again.”’"

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