[Congressional Record Volume 141, Number 9 (Tuesday, January 17, 1995)]
[Senate]
[Page S960]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                       BUDGET SCOREKEEPING REPORT

  Mr. DOMENICI. Mr. President, I hereby submit to the Senate the budget 
scorekeeping report prepared by the Congressional Budget Office under 
section 308(b) and in aid of section 311 of the Congressional Budget 
Act of 1974, as amended. This report meets the requirements for Senate 
scorekeeping of section 5 of Senate Concurrent Resolution 32, the first 
concurrent resolution on the budget for 1986.
  This report shows the effects of congressional action on the budget 
through January 13, 1995. The estimates of budget authority, outlays, 
and revenues, which are consistent with the technical and economic 
assumptions of the concurrent resolution on the budget (H. Con. Res. 
218), show that current level spending is below the budget resolution 
by $2.3 billion in budget authority and $0.4 billion in outlays. 
Current level is $0.8 billion over the revenue floor in 1995 and below 
by $8.2 billion over the 5 years 1995-99. The current estimate of the 
deficit for purposes of calculating the maximum deficit amount is 
$238.7 billion, $2.3 billion below the maximum deficit amount for 1995 
of $241.0 billion.
  Since my last report, dated January 4, 1995, there has been no action 
that affects the current level of budget authority, outlays, or 
revenues.
  The report follows:
                                                    U.S. Congress,


                                  Congressional Budget Office,

                                 Washington, DC, January 17, 1995.
     Hon. Pete Domenici,
     Chairman, Committee on the Budget, U.S. Senate, Washington, 
         DC.
       Dear Mr. Chairman: The attached report for fiscal year 1995 
     shows the effects of Congressional action on the 1995 budget 
     and is current through January 13, 1995. The estimates of 
     budget authority, outlays and revenues are consistent with 
     the technical and economic assumptions of the 1995 Concurrent 
     Resolution on the Budget (H. Con. Res. 218). This report is 
     submitted under Section 308(b) and in aid of Section 311 of 
     the Congressional Budget Act, as amended, and meets the 
     requirements of Senate scorekeeping of Section 5 of S. Con. 
     Res. 32, the 1986 First Concurrent Resolution on the Budget.
       Since my last report, dated January 4, 1995, there has been 
     no action that affects the current level of budget authority, 
     outlays, or revenues.
           Sincerely,
                                             Robert D. Reischauer,
                                                         Director.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1995, 104TH 
     CONGRESS, 1ST SESSION, AS OF CLOSE OF BUSINESS JANUARY 13, 1994    
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                            
                                    resolution                 Current  
                                     (H. Con.     Current    level over/
                                       Res.       level\2\      under   
                                     218)\1\                  resolution
------------------------------------------------------------------------
            ON-BUDGET                                                   
                                                                        
Budget authority.................      1,238.7      1,236.5         -2.3
Outlays..........................      1,217.6      1,217.2         -0.4
Revenues:                                                               
    1995.........................        977.7        978.5          0.8
    1995-99\3\...................      5,415.2      5,407.0         -8.2
Maximum deficit amount...........        241.0        238.7         -2.3
Debt subject to limit............      4,965.1      4,718.8       -246.3
                                                                        
            OFF-BUDGET                                                  
                                                                        
Social Security outlays:                                                
    1995.........................        287.6        287.5         -0.1
    1995-99......................      1,562.6      1,562.6         \4\0
Social Security revenues:                                               
    1995.........................        360.5        360.3         -0.2
    1995-99......................      1,998.4      1,998.2         -0.2
------------------------------------------------------------------------
\1\Reflects revised allocation under section 9(g) of H. Con. Res. 64 for
  the Deficit-Neutral reserve fund.0634                                 
\2\Current level represents the estimated revenue and direct spending   
  effects of all legislation that Congress has enacted or sent to the   
  President for his approval. In addition, full-year funding estimates  
  under current law are included for entitlement and mandatory programs 
  requiring annual appropriations even if the appropriations have not   
  been made. The current level of debt subject to limit reflects the    
  latest U.S. Treasury information on public debt transactions.         
\3\Includes effects, beginning in fiscal year 1996, of the International
  Antitrust Enforcement Act of 1994 (P.L. 103-438).                     
\4\Less than $50 million.                                               
                                                                        
Note.--Detail may not add due to rounding.                              


 THE ON-BUDGET CURRENT LEVEL REPORT FOR THE U.S. SENATE, 104TH CONGRESS,
 1ST SESSION, SENATE SUPPORTING DETAIL FOR FISCAL YEAR 1995, AS OF CLOSE
                      OF BUSINESS JANUARY 13, 1994                      
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                  Outlays      Revenues 
-------------------------------Budgetauthority--------------------------
 ENACTED IN PREVIOUS SESSIONS                                           
                                                                        
Revenues.....................  ...............  ...........      978,466
Permanents and other spending                                           
 legislation.................       750,307        706,236   ...........
Appropriation legislation....       738,096        757,783   ...........
  Offsetting receipts........      (250,027)      (250,027)  ...........
                              ------------------------------------------
      Total previously                                                  
       enacted...............     1,238,376      1,213,992       978,466
                              ==========================================
 ENTITLEMENTS AND MANDATORIES                                           
                                                                        
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements and other                                                 
 mandatory programs not yet                                             
 enacted.....................        (1,887)         3,189   ...........
    Total current level\1\...     1,236,489      1,217,181       978,466
    Total budget resolution..     1,238,744      1,217,605       977,700
Amount remaining:............                                           
  Under budget resolution....         2,255            424   ...........
  Over budget resolution.....  ...............  ...........          766
------------------------------------------------------------------------
\1\In accordance with the Budget Enforcement Act, the total does not    
  include $1,212 million in budget authority and $6,360 million in      
  outlays in funding for emergencies that have been designated as such  
  by the President and the Congress, and $1,027 million in budget       
  authority and $1,041 million in outlays for emergencies that would be 
  available only upon an official budget request from the President     
  designating the entire amount requested as an emergency requirement.  
                                                                        
Notes.--Numbers in parentheses are negative. Detail may not add due to  
  rounding.                                                             

  

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