[Congressional Record Volume 141, Number 194 (Thursday, December 7, 1995)]
[Senate]
[Pages S18247-S18248]
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 December 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 (H. Con. 
Res. 67), show that current level spending is above the budget 
resolution by $13.5 billion in budget authority and above the budget 
resolution by $17.3 billion in outlays. Current level is $43 million 
below the revenue floor in 1996 and $0.7 billion below the revenue 
floor over the 5 years 1996-2000. The current estimate of the deficit 
for purposes of calculating the maximum deficit amount is $262.9 
billion, $17.3 billion above the maximum deficit amount for 1996 of 
$245.6 billion.
  Since my last report, dated November 17, 1995, the President signed 
the Treasury, Postal Service and General Government Appropriations Act 
(P.L. 104-52), the Legislative Branch Appropriations Act (P.L. 104-53), 
and the Alaska Power Administration Sale Act (P.L. 104-58). Congress 
also cleared, and the President signed, the second (P.L. 104-54) and 
third (P.L. 104-56) continuing resolutions. Congress also cleared the 
Defense Appropriations Act (P.L. 104-61); pursuant to article 1, 
section 7 of the Constitution, this act became 

[[Page S 18248]]
law without the President's signature. 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 H.R. 2491.
  The report follows:
                                      Congressional Budget Office,


                                                U.S. Congress,

                                 Washington, DC, December 7, 1995.
     Hon. Pete V. 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 December 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 November 16, 1995, the 
     President signed the Treasury, Postal Service and General 
     Government Appropriations Act (P.L. 104-52), the Legislative 
     Branch Appropriations Act (P.L. 104-53), and the Alaska Power 
     Administration Sale Act (P.L. 104-58). Congress also cleared, 
     and the President signed, the second (P.L. 104-54) and third 
     (P.L. 104-56) continuing resolutions. Congress also cleared 
     the Defense Appropriation Act (P.L. 104-61); pursuant to 
     Article 1, Section 7 of the Constitution, this act became law 
     without the President's signature. These actions changed the 
     current level of budget authority and outlays. In addition, 
     at the request of the Senate Committee on the Budget, the 
     revenue estimates shown for the concurrent resolution have 
     been changed 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 DEC. 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    1,299.0        13.5
Outlays..............................     1,288.1    1,305.4        17.3
Revenues:                                                               
  1996...............................     1,042.5    1,042.5     \2\-0  
  1996-2000..........................     5,691.5    5,690.8        -0.7
Deficit..............................       245.6      262.9        17.3
Debt Subject to Limit................     5,210.7    4,900.0      -310.7
                                                                        
              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\ 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 DEC. 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          -- 
    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          -- 
  Defense (P.L. 104-6)..............    243,301     163,223          -- 
  Energy and Water (P.L. 104-46)....     19,336      11,502          -- 
  Legislative Branch (P.L. 105-53)..      2,125       1,977          -- 
  Military Construction (P.L. 104-                                      
   32)..............................     11,177       3,110          -- 
  Transportation (P.L. 104-50)......     12,682      11,899          -- 
  Treasury, Postal Service (P.L. 104-                                   
   52)..............................     15,080      12,584          -- 
Authorization bills:                                                    
  Self-Employed Health Insurance Act                                    
   (P.L. 104-7).....................        (18)        (18)       (101)
  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 (P.L. 104-48)...............          1          (*)          1 
  Alaska Power Administration Sale                                      
   Act (P.L. 104-58)................        (20)        (20)         -- 
                                     -----------------------------------
      Total enacted this session....    366,191     245,845        (100)
                                     ===================================
                                                                        
   CONTINUING RESOLUTION AUTHORITY                                      
                                                                        
Further Continuing Appropriations                                       
 (P.L. 104-56) \1\..................    167,467      86,812          -- 
                                                                        
    ENTITLEMENTS AND MANDATORIES                                        
                                                                        
Budget resolution baseline estimates                                    
 of appropriated entitlements and                                       
 other mandatory programs not yet                                       
 enacted............................    135,049     131,736          -- 
                                     ===================================
    Total Current Level \2\.........  1,298,961   1,305,352   1,042,457 
    Total Budget Resolution.........  1,258,500   1,288,100   1,042,500 
                                     -----------------------------------
Amount remaining:                                                       
    Under Budget Resolution.........         --          --          43 
    Over Budget Resolution..........     13,461      17,252         --  
------------------------------------------------------------------------
\1\ This is an estimate of discretionary funding based on a full year   
  calculation of the continuing resolution that expires December 15,    
  1995. Included in this estimate are the following appropriation bills:
  Commerce, Justice, State; District of Columbia; Foreign Operations;   
  Interior; Labor, HHS, Education; and Veterans, HUD.                   
\2\ 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.                                    
* Less than $500,000.                                                   
                                                                        
 Notes: Detail may not add due to rounding. Numbers in parentheses are  
  negative.                                                     

  

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