[House Document 104-98]
[From the U.S. Government Publishing Office]





                                     

        104th Congress, 1st Session - - - - - - - - - - - - - House 
Document 104-98


 
                    MID-SESSION REVIEW OF THE BUDGET

                               __________

                             COMMUNICATION

                                  from

                   THE PRESIDENT OF THE UNITED STATES

                              transmitting

  A REPORT ON REVISED ESTIMATES OF THE BUDGET RECEIPTS, OUTLAYS, AND 
  BUDGET AUTHORITY FOR FISCAL YEARS 1995-2000, PURSUANT TO 31 U.S.C. 
                                1106(a)




July 17, 1995.--Referred to the Committee on Appropriations and ordered 
                             to be printed
                 Executive Office of the President,
                           Office of Management and Budget,
                                     Washington, DC, July 14, 1995.
Hon. Newt Gingrich,
Speaker of the House of Representatives,
Washington, DC.
    Dear Mr. Speaker: Section 1106 of Title 31, United States 
Code, requires that the President transmit to the Congress a 
supplemental summary of the Budget that was transmitted to the 
Congress earlier this year. Enclosed are preliminary materials 
that are part of the supplemental summary of the Budget, 
commonly known as the Mid-Session Review. They contain changes 
in budget receipts, outlays, and budget authority requested for 
fiscal years 1995-2000 as required by statute. In addition, the 
enclosed materials also contain information for fiscal years 
2001-2005. The changes discussed reflect the President's plan 
to balance the budget in 10 years. We are currently updating 
these 10-year estimates for revisions in economic assumptions, 
technical reestimates, and legislation enacted since the 
release of the February budget. These updated estimates, along 
with other required information, will be transmitted to you in 
two weeks.
            Sincerely,
                                         Alice M. Rivlin, Director.
    Enclosure.