[Congressional Record Volume 141, Number 166 (Wednesday, October 25, 1995)]
[Senate]
[Pages S15699-S15700]
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 October 24, 1995. The estimates of budget authority, outlays, 
and revenues, which are consistent with the technical and economic 
assumptions of the 1996 concurrent resolution on the budget (H. Con. 
Res. 67), show that current level spending is below the budget 
resolution by $3.6 billion on budget authority and above the budget 
resolution by $3.4 billion in outlays. Current level is $2.2 billion 
above the revenue 

[[Page S15700]]

floor in 1996 and $125.4 billion above the revenue floor over the 5 
years 1996-2000. The current estimate of the deficit for purposes of 
calculating the maximum deficit amount is $249 billion, $1.2 billion 
above the maximum deficit amount for 1996 of $247.8 billion.
  Since my last report, dated October 12, 1995, Congress cleared, and 
the President signed the Agriculture Appropriations Act--Public Law 
104-37. In addition, pursuant to section 205(b)(2) of House Concurrent 
Resolution 67, the revenue aggregates for the concurrent resolution 
have been revised. These actions changed the current level of budget 
authority, outlays, and revenues.
  The report follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                 Washington, DC, October 25, 1995.
     Hon. Pete Domenici,
     Chairman, Committee on the Budget, U.S. Senate, Washington, 
         DC.
       Dear Mr. Chairman: The attached report for fiscal year 1996 
     shows the effects of Congressional action on the 1996 budget 
     and is current through October 24, 1995. The estimates of 
     budget authority, outlays and revenues are consistent with 
     the technical and economic assumptions of the 1996 Concurrent 
     Resolution on the Budget (H. Con. Res. 67). This report is 
     submitted under Section 308(b) and in aid of Section 311 of 
     the Congressional Budget Act, as amended.
       Since my last report, October 11, 1995, Congress cleared, 
     and the President signed the Agriculture Appropriations (P.L. 
     104-37). In addition, pursuant to Section 205(b)(2) of H. 
     Con. Res. 67, the revenue estimates for the concurrent 
     resolution have been revised. These actions changed the 
     current level of budget authority, outlays and revenues.
           Sincerely,
                                                  June E. O'Neill,
                                                         Director.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1996, 104TH 
     CONGRESS, 1ST SESSION, AS OF CLOSE OF BUSINESS OCTOBER 24, 1995    
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                   Current  
                                    resolution    Current    level over/
                                     (H. Con.     level\1\      under   
                                     Res. 67)                 resolution
------------------------------------------------------------------------
            ON-BUDGET                                                   
                                                                        
Budget authority.................      1,285.5      1,281.9         -3.6
Outlays..........................      1,288.1      1,291.5          3.4
Revenues:\2\                                                            
    1996.........................      1,040.3      1,042.5          2.2
    1996-2000....................      5,565.4      5,690.8        125.4
Deficit..........................        247.8        249.0          1.2
Debt subject to limit............      5,210.7      4,884.7       -326.0
                                                                        
            OFF-BUDGET                                                  
                                                                        
Social Security outlays:                                                
    1996.........................        299.4        299.4          0.0
    1996-2000....................      1,626.5      1,626.5          0.0
Social Security revenues:                                               
    1996.........................        374.7        374.7          0.0
    1996-2000....................      2,061.0      2,061.0          0.0
------------------------------------------------------------------------
\1\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.         
\2\The revised revenue aggregate for the Budget Resolution is effective 
  for the purposes of consideration of S. 1357, the Balanced Budget     
  Reconciliation Act of 1995.                                           


 THE ON-BUDGET CURRENT LEVEL REPORT FOR THE U.S. SENATE, 104TH CONGRESS,
 1ST SESSION, SENATE SUPPORTING DETAIL FOR FISCAL YEAR 1996, AS OF CLOSE
                      OF BUSINESS OCTOBER 24, 1995                      
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                        Budget                          
                                       authority    Outlays    Revenues 
------------------------------------------------------------------------
    ENACTED IN PREVIOUS SESSIONS                                        
                                                                        
Revenues............................  ..........  ..........   1,042,557
Permanents and other spending                                           
 legislation........................     830,272     798,924  ..........
Appropriation legislation...........           0     242,052  ..........
  Offsetting receipts...............    -200,017    -200,017  ..........
                                     -----------------------------------
      Total previously enacted......     630,254     840,958   1,042,557
                                     ===================================
        ENACTED THIS SESSION                                            
                                                                        
Appropriation Bills                                                     
1995 Rescissions and Department of                                      
 Defense Emergency Supplementals Act                                    
 (P.L. 104-6).......................        -100        -885  ..........
    1995 Rescissions and Emergency                                      
     Supplementals for Disaster                                         
     Assistance Act (P.L. 104-19)...          22      -3,149  ..........
    Military Construction (P.L. 104-                                    
     32)............................      11,177       3,110  ..........
    Agriculture (P.L. 104-37).......      62,602      45,620  ..........
Authorization Bills: Self-Employed                                      
 Health Insurance Act (P.L. 104-7)..         -18         -18        -101
                                     -----------------------------------
      Total enacted this session....      73,683      44,678        -101
                                     ===================================
          PENDING SIGNATURE                                             
                                                                        
Alaska Native Claims Settlement Act                                     
 (H.R. 402).........................           1           1  ..........
   CONTINUING RESOLUTION AUTHORITY                                      
Continuing Appropriations, FY 1996                                      
 (P.L. 104-31)\1\...................     442,336     273,573  ..........
    ENTITLEMENTS AND MANDATORIES                                        
Budget resolution baseline estimates                                    
 of appropriated entitlements other                                     
 mandatory programs not yet enacted.     135,631     132,258  ..........
Total Current Level\2\..............   1,281,905   1,291,468   1,042,456
Total Budget Resolution.............   1,285,500   1,288,100   1,040,257
Amount remaining:                                                       
    Under Budget Resolution.........       3,595  ..........  ..........
    Over Budget Resolution..........  ..........       3,368       2,199
------------------------------------------------------------------------
\1\This is an estimate of discretionary funding based on a full year    
  calculation of the continuing resolution that expires November 13,    
  1995. It includes all appropriation bills except Military             
  Construction, which was signed into law October 3, 1995, and          
  Agriculture, which signed into law October 21, 1995.                  
\2\In accordance with the Budget Enforcement Act, the total does not    
  include $3,275 million in budget authority and $1,504 million in      
  outlays for funding of emergencies that have been designated as such  
  by the President and the Congress.                                    
                                                                        
Note.--Detail may not add due to rounding.                      



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