[Congressional Record Volume 141, Number 183 (Friday, November 17, 1995)]
[Senate]
[Pages S17355-S17356]
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 November 15, 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 $389.4 billion in budget authority and above the budget 
resolution by $224.8 billion in outlays. Current level is $5.7 billion 
above the revenue floor in 1996 and $147 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 $20.8 
billion, $230.5 billion below the maximum deficit amount for 1996 of 
$251.3 billion.
  Since my last report, dated November 8, 1995, Congress cleared and 
the President signed the Perishable Agricultural Commodities Act 
Amendments of 1995 (H.R. 1103). The President has also signed the 
Energy and Water Development Appropriations Act (H.R. 1905) and the 
Transportation and Related Agencies Appropriations Act (H.R. 2002). 
Congress also cleared for the President's signature the Treasury, 
Postal Service and General Government Appropriations Act (H.R. 2020) 

[[Page S 17356]]
and the Alaska Power Administration Sale Act. (S. 395). These actions, 
and the expiration of continuing resolution authority on November 13, 
1995, changed the current level of budget authority and outlays and 
revenues. In addition, the revenue aggregates have been revised 
pursuant to section 205(b)(2) of House Concurrent Resolution 67.
  The report follows:
                                      Congressional Budget Office,


                                                U.S. Congress,

                                Washington, DC, November 16, 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 15, 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 November 8, 1995, Congress 
     cleared and the President signed the Perishable Agricultural 
     Commodities Act Amendments of 1995 (H.R. 1103). The President 
     has also signed the Energy and Water Development 
     Appropriations Act (H.R. 1905) and the Transportation and 
     Related Agencies Appropriations Act (H.R. 2002). Congress 
     also cleared for the President's signature the Treasury, 
     Postal Service and General Government Appropriations Act 
     (H.R. 2020) and the Alaska Power Administration Sale Act (S. 
     395). These actions, and the expiration of continuing 
     resolution authority on November 13, 1995, changed the 
     current level of budget authority, outlays and revenues. In 
     addition, at the request of the Senate Committee on the 
     Budget, the revenue estimates for the concurrent resolution 
     have been revised, pursuant to Section 205(b)(2) of H. Con. 
     Res. 67.
           Sincerely,
                                                  June E. O'Neill.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1996, 104TH 
    CONGRESS, 1ST SESSION, AS OF CLOSE OF BUSINESS NOVEMBER 15, 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       896.1       -389.4
Outlays............................     1,288.1     1,063.3       -224.8
Revenues: \2\                                                           
  1996.............................     1,036.8     1,042.5          5.7
  1996-2000........................     5,543.7     5,690.8        147.0
Deficit............................       251.3        20.8       -230.5
Debt subject to limit..............     5,210.7     4,898.9       -311.8
                                                                        
             OFF-BUDGET                                                 
                                                                        
Social Security outlays:                                                
  1996.............................       299.4       299.4          0  
  1996-2000........................     1,626.5     1,626.5          0  
Social Security revenues:                                               
  1996.............................       374.7       374.7          0  
  1996-2000........................     2,061.0     2,061.0          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 H.R. 2491, the Balanced Budget   
  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 NOVEMBER 15, 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   ..........
  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.......................         22      (3,149)  ..........
  Agriculture (P.L. 104-37).........     62,602      45,620   ..........
  Energy and Water (H.R. 1905)......     19,336      11,502   ..........
  Military Construction (P.L. 104-                                      
   32)..............................     11,177       3,110   ..........
  Transportation (H.R. 2002)........     12,682      11,899   ..........
Authorization bills:                                                    
  Alaska Native Claims Settlement                                       
   Act (P.L. 104-42)................          1           1   ..........
  Fishermen's Protective Act                                            
   Amendments of 1995 (P.L. 104-43).  ..........         (*)  ..........
  Perishable Agricultural                                               
   Commodities Act Amendments of                                        
   1995 (H.R. 1103).................          1          (*)          1 
  Self-Employed Health Insurance Act                                    
   (P.L. 104-7).....................        (18)        (18)       (101)
                                     -----------------------------------
      Total enacted this session....    105,704      68,080        (100)
                                     ===================================
                                                                        
          PENDING SIGNATURE                                             
                                                                        
Appropriations bills:                                                   
  Legislative Branch (H.R. 2492)....      2,125       1,977   ..........
  Treasury, Postal Service, General                                     
   Government (H.R. 2020)...........     23,026      20,530   ..........
Authorization bills:                                                    
  Alaska Power Administration Sale                                      
   Act (S. 395).....................        (20)        (20)  ..........
                                     -----------------------------------
      Total pending signature.......     25,132      22,488   ..........
                                     ===================================
                                                                        
    ENTITLEMENTS AND MANDATORIES                                        
                                                                        
Budget resolution baseline estimates                                    
 of appropriated entitlements and                                       
 other mandatory programs not yet                                       
 enacted............................    135,049     131,736   ..........
                                     ===================================
      Total Current Level \1\.......    896,139   1,063,262   1,042,457 
      Total Budget Resolution.......  1,285,500   1,288,100   1,036,780 
Amount remaining:                                                       
  Under Budget Resolution...........    389,361     224,838   ..........
                                     -----------------------------------
  Over Budget Resolution............  ..........  ..........      5,677 
------------------------------------------------------------------------
* Less than $500,000.                                                   
\1\ 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.                                    
                                                                        
Notes: Detail may not add due to rounding. Numbers in parentheses are   
  negative.                                                     

  

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