[Congressional Record Volume 141, Number 176 (Wednesday, November 8, 1995)]
[Senate]
[Pages S16834-S16835]
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 November 6, 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, House 
Concurrent Resolution 67, show that current level spending is below the 
budget resolution by $2.1 billion in budget authority and above the 
budget resolution by $4.5 billion in outlays. Current level is $44 
million below the revenue floor in 1996 and $0.7 billion below the 
revenue floor over the 5 years 1996 to 2000. The current estimate of 
the deficit for purposes of calculating the maximum deficit amount is 
$250.2 billion, $4.6 billion above the maximum deficit amount for 1996 
of $245.6 billion.
  Since my last report, dated October 25, 1995, Congress cleared and 
the President signed the Fishermen's Protective Act Amendments of 
1995--Public Law 104-43. The President has also signed the Alaska 
Native Claims Settlement Act--Public Law 104-42. Congress also cleared 
for the President's signature the following appropriation bills: Energy 
and Water Development--H.R. 1905, Transportation--H.R. 2002, and 
Legislative Branch--H.R. 2492. These actions changed the current level 
of budget authority and outlays. In addition, the revenue aggregates 
have been revised to reflect the recommended level in House Concurrent 
Resolution 67. My last report had revised the revenue aggregates 
pursuant to section 205(b)(2) of House Concurrent Resolution 67 for 
purposes of consideration of S. 1357.
  The report follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                 Washington, DC, November 8, 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 November 6, 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, dated October 25, 1995, Congress 
     cleared and the President signed the Fishermen's Protective 
     Act Amendments of 1995 (P.L. 104-43). The President has also 
     signed the Alaska Native Claims Settlement Act (P.L. 104-42). 
     Congress also cleared for the President's signature the 
     following appropriation bills: Energy and Water Development 
     (H.R. 1905), Transportation (H.R. 2002) and Legislative 
     Branch (H.R. 2492). These actions changed the current level 
     of budget authority and outlays. In addition, at the request 
     of Budget Committee staff, the revenue aggregates shown for 
     the budget resolution have been changed to reflect the 
     recommended levels in H. Con. Res. 67.
           Sincerely,
                                                     James L. Blum
                                  (For 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 NOVEMBER 6, 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      1,283.4         -2.1
Outlays..........................      1,288.1      1,292.6          4.5
Revenues:                                                               
  1996...........................      1,042.5      1,042.5       -0.\2\
  1996-2000......................      5,691.5      5,690.8         -0.7
Deficit..........................        245.6        250.2          4.6
Debt subject to limit............      5,210.7      4,893.6       -317.1
            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\ 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 1996, AS OF CLOSE
                      OF BUSINESS NOVEMBER 6, 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.....  ............      242,052   ............

[[Page S 16835]]
                                                                        
  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)  ............
  Agriculture (P.L. 104-37)...       62,602        45,620   ............
  Military Construction (P.L.                                           
   104-32)....................       11,177         3,110   ............
Authorization Bills:                                                    
  Alaska Native Claims                                                  
   Settlement Act (P.L. 104-                                            
   42)........................            1             1   ............
  Fishermen's Protective Act                                            
   Amendments of 1995 (P.L.                                             
   104-43)....................  ............       ( \1\ )  ............
  Self-Employed Health                                                  
   Insurance Act (P.L. 104-47)          (18)          (18)         (101)
                               -----------------------------------------
      Total enacted this                                                
       session................       73,684        44,679          (101)
                               =========================================
       PENDING SIGNATURE                                                
Appropriation Bills:                                                    
  Energy and Water (H.R. 1905)       19,336        11,502   ............
  Legislative Branch (H.R.                                              
   2492)......................        2,125         1,977   ............
  Transportation (H.R. 2002)..       12,682        11,899   ............
                               -----------------------------------------
      Total pending signature.       34,144        25,378   ............
     CONTINUING RESOLUTION                                              
           AUTHORITY                                                    
Continuing Appropriations,                                              
 FY1996 (P.L. 104-31)\2\......      410,247       249,857   ............
 ENTITLEMENTS AND MANDATORIES                                           
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements and other                                                 
 mandatory programs not yet                                             
 enacted......................      135,049       131,736   ............
                               -----------------------------------------
      Total Current Level \3\.    1,283,378     1,292,609     1,042,456 
      Total Budget Resolution.    1,285,500     1,288,100     1,042,500 
                               -----------------------------------------
Amount remaining:                                                       
  Under Budget Resolution.....        2,122   ............           44 
  Over Budget Resolution......  ............        4,509   ............
------------------------------------------------------------------------
\1\ Less than $500,000.                                                 
\2\ 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 Agriculture and      
  Military Construction, which have been signed into law, and Energy and
  Water, Legislative Branch and Transportation, which have been cleared 
  for the President's signature.                                        
\3\ In accordance with the Budget Enforcement Act, the total does not   
  include $3,400 million in budget authority and $1,590 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. Numbers in parentheses are   
  negative.                                                     

  

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