[Congressional Record Volume 141, Number 120 (Monday, July 24, 1995)]
[Senate]
[Pages S10575-S10576]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                         ADDITIONAL STATEMENTS

                                 ______


                       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 July 21, 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 $20.9 billion in budget authority and $2.0 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 1995-1999. The current estimate of the 
deficit for purposes of calculating the maximum deficit amount is 
$237.4 billion, $3.7 billion below the maximum deficit amount for 1995 
of $241.0 billion.
  Since my last report, dated July 11, 1995, Congress has cleared for 
the President's signature the 1995 emergency supplementals and 
rescissions bill (H.R. 1944). This action changed the current level of 
budget authority and outlays.
  The report follows:
                                                    U.S. Congress,


                                  Congressional Budget Office,

                                    Washington, DC, July 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 July 21, 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 July 10, 1995, Congress has 
     cleared for the President's signature the 1995 Emergency 
     Supplementals and Rescissions bill (H.R. 1944). This action 
     changed the current level of budget authority and outlays.
           Sincerely,
                                                  June E. O'Neill.

                                                                                                                

[[Page S10576]]
  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1995, 104TH 
      CONGRESS, 1ST SESSION, AS OF CLOSE OF BUSINESS JULY 21, 1995      
                        [In billions of dollars]                        
------------------------------------------------------------------------
                            Budget                                      
                        resolution (H.      Current       Current level 
                          Con. Res.         level\2\        over/under  
                           218)\1\                          resolution  
------------------------------------------------------------------------
      ON-BUDGET                                                         
                                                                        
Budget authority.....          1,238.7          1,217.8            -20.9
Outlays..............          1,217.6          1,215.6             -2.0
Revenues:                                                               
  1995...............            977.7            978.2              0.5
  1995-1999..........          5,415.2          5,405.7             -9.5
Deficit..............            241.0            237.4             -3.7
Debt Subject to Limit          4,965.1          4,846.5           -118.6
                                                                        
      OFF-BUDGET                                                        
                                                                        
Social Security                                                         
 Outlays:                                                               
  1995...............            287.6            287.5             -0.1
  1995-1999..........          1,562.6          1,562.6            (\3\)
Social Security                                                         
 Revenues:                                                              
  1995...............            360.5            360.3             -0.2
  1995-1999..........          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.         
\3\Less than $50 million.                                               



 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 JULY 21, 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                                                        
 (P.L. 104-6)........           -3,386           -1,008  ...............
Self-Employed Health                                                    
 Insurance Act (P.L.                                                    
 104-7)..............  ...............  ...............             -248
                      --------------------------------------------------
      Total enacted                                                     
       this session..           -3,386           -1,008             -248
                                                                        
  Pending Signature                                                     
                                                                        
1995 Emergency                                                          
 Supplementals and                                                      
 Rescissions (H.R.                                                      
 1944)...............          -15,286             -590  ...............
                                                                        
   Entitlements and                                                     
     Mandatories                                                        
                                                                        
Budget resolution                                                       
 baseline estimates                                                     
 of appropriated                                                        
 entitlements other                                                     
 mandatory programs                                                     
 not yet enacted.....           -1,896            3,180  ...............
                      --------------------------------------------------
      Total Current                                                     
       Level\1\......        1,217,807        1,215,574          978,218
      Total Budget                                                      
       Resolution....        1,238,744        1,217,605          977,700
                      --------------------------------------------------
Amount remaining:                                                       
    Under Budget                                                        
     Resolution......           20,937            2,031  ...............
    Over Budget                                                         
     Resolution......  ...............  ...............              518
------------------------------------------------------------------------
\1\In accordance with the Budget Enforcement Act, the total does not    
  include $7,360 million in budget authority and $7,885 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               
  requirement.                                                  

  

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