Speech #1100121389

Here is what the Congressional Budget Office says: On the SCHIP reauthorizationthat is childrens health carethe overall effect of that legislation led to a savings of $207 million. on the higher education bill that he criticized. the combined effect of that legislation was a savings of $752 million. In other words. the legislation was paid for. plus additional savings were created so that the cost was completely offset. It did not add a dime to the deficit or debt. In fact. it had savings. As to the immigration bill that never passed the Senate. it had. when it went down. large unified savingsover $20 billion over 10 years. The farm bill shows savings of $102 million. according to the Congressional Budget Office. So these four bills cover virtually all of the phony claimsphony claimsmade by the other side with respect to paygo.