Basically, the way the budget would be allocated is a 54, 46 split. That's been pretty much the tradition. We're going to be working out our own allocations to our subcommittees. I will warn everybody that We could be subject to sequestration coming this next October of about 8%. So certainly from the majority standpoint, I'm looking at how we're going to allocate those funds with that in mind, as well as we set up the three subcommittees, I think last Congress we had four. (09:10–09:16)
CLAIM
Asserts that there is a potential 8% sequestration in the next October.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.