[Congressional Record Volume 141, Number 132 (Tuesday, August 8, 1995)]
[Senate]
[Page S11941]
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 August 5, 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 24, 1995, the President signed the 
1995 Rescissions and Emergency Supplementals for Disaster Assistance 
Act--Public Law 104-19. This legislation changed current level of 
budget authority and outlays; the change was reflected in my report 
dated July 24, 1995.
                                                    U.S. Congress,


                                  Congressional Budget Office,

                                   Washington, DC, August 7, 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 August 5, 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 24, 1995, the President 
     signed the 1995 Rescissions and Emergency Supplementals for 
     Disaster Assistance Act (P.L. 104-19). This action did not 
     change the current level of budget authority, outlays or 
     revenues.
           Sincerely,
                                                  June E. O'Neill,
                                                         Director.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1995, 104TH 
      CONGRESS, 1ST SESSION, AS OF CLOSE OF BUSINESS AUGUST 5, 1995     
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                            
                                    resolution                 Current  
                                     (H. Con.     Current    level over/
                                    Res. 218)    level \2\      under   
                                       \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
    1995-99......................      5,415.2      5,405.7         -9.5
Deficit..........................        241.0        237.4         -3.7
Debt Subject to Limit............      4,965.1      4,885.4        -79.7
                                                                        
            OFF-BUDGET                                                  
                                                                        
Social Security Outlays:                                                
    1995.........................        287.6        287.5         -0.1
    1995-99......................      1,562.6      1,562.6        (\3\)
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.         
\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 AUGUST 5, 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 Rescissions and Department                                         
 of Defense Emergency                                                   
 Supplementals Act (P.L. 104-6)..       -3,386       -1,008  ...........
Self-Employed Health Insurance                                          
 Act (P.L. 104-7)................  ...........  ...........         -248
1995 Rescissions and Emergency                                          
 Supplementals for Disaster                                             
 Assistance Act (P.L. 104-19)....      -15,286         -590  ...........
                                  --------------------------------------
      Total enacted this session.      -18,672       -1,598         -248
                                  ======================================
   ENTITLEMENTS AND MANDATORIES                                         
                                                                        
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements and 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 $7,663 million in budget authority and $7,958 million in      
  outlays in funding for emergencies that have been designated as such  
  by the President and the Congress, and $741 million in budget         
  authority and $852 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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