[Congressional Record Volume 141, Number 66 (Monday, April 24, 1995)]
[Senate]
[Pages S5612-S5613]
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 April 7, 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 $5.6 billion in budget authority and $1.4 billion in outlays. 
Current level is $0.5 billion over the revenue floor in 1995 and below 
by $9.5 billion over the 5 years 1995-99. The current estimate of the 
deficit for purposes of calculating the maximum deficit amount is 
$238.0 billion, $3.1 billion below the maximum deficit amount for 1995 
of $241.0 billion.
  Since my last report, dated March 27, 1995, the Congress has cleared, 
and the President has signed, the 1995 Emergency Supplementals and 
Rescissions Act, Public Law 104-6 and the Self-Employed Health 
Insurance Act, Public Law 104-7. These actions changed the current 
level of budget authority, outlays and revenues.
  The report follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                   Washington, DC, April 24, 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 April 7, 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 March 27, 1995, the Congress 
     has cleared, and the President has signed, the 1995 Emergency 
     Supplementals and Rescissions Act (Pub. L. 104-6) and the 
     Self-Employed Health Insurance Act (Pub. L. 104-7). These 
     actions changed the current level of budget authority, 
     outlays and revenues.
           Sincerely,
                                                  June E. O'Neill.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1995, 104TH 
      CONGRESS, 1ST SESSION, AS OF CLOSE OF BUSINESS APRIL 7, 1995      
                        [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   $1,233.1        -5.6
  Outlays............................     1,217.6    1,216.2        -1.4
  Revenues:                                                             
    1995.............................       977.7      978.2         0.5
    1995-99..........................     5,412.2    5,405.7        -9.5
  Deficit............................       241.0      238.0        -3.1
  Debt subject to limit..............     4,965.1    4,746.8      -218.3
Off-budget:                                                             
  Social Security outlays:                                              
    1995.............................       287.6      287.5        -0.1
    1995-99..........................     1,562.6    1,562.6        *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.                                     
\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.         
*Less than $50 million.                                                 
                                                                        
Note: Detail may not add due to rounding.                               


                                                                        
[[Page S5613]]
 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 APRIL 7, 1995                       
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                        Budget                          
                                      authority     Outlays     Revenues
------------------------------------------------------------------------
    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
                                    ====================================
        Enacted this session                                            
                                                                        
1995 Emergency Supplementals and                                        
 Rescissions Act (Pub. L. 104-6)...      (3,386)       1,008)  .........
Self-Employed Health Insurance Act                                      
 (Pub. L. 104-7)...................  ...........  ...........      (248)
                                    ------------------------------------
      Total enacted this session...      (3,386)       1,008)      (248)
                                    ====================================
    Entitlements and mandatories                                        
                                                                        
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements other mandatory                                           
 programs not yet enacted..........      (1,887)       3,189   .........
                                    ------------------------------------
      Total current level\1\.......   1,233,103    1,216,173     978,218
      Total budget resolution......   1,238,744    1,217,605     977,700
                                    ------------------------------------
Amount remaining:                                                       
  Under budget resolution..........       5,641        1,432   .........
  Over budget resolution...........  ...........  ...........        518
------------------------------------------------------------------------
\1\In accordance with the Budget Enforcement Act, the total does not    
  include $3,905 million in budget authority and $7,442 million in      
  outlays in funding for emergencies that have been designated as such  
  by the President and the Congress, and $841 million in budget         
  authority and $917 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 requirements. 
*Less than $500 thousand.                                               
                                                                        
Notes: Numbers in parentheses are negative. Detail may not add due to   
  rounding.                                                     



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