[Congressional Record Volume 142, Number 8 (Tuesday, January 23, 1996)]
[Senate]
[Pages S321-S322]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       BUDGET SCOREKEEPING REPORT
                         ADDITIONAL STATEMENTS

                                 ______

Mr. DOMENICI. Mr. President, I hereby submit to the Senate the 
budget scorekeeping report prepared by the 

[[Page S322]]
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 January 10, 1996. 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 $9.5 billion in budget authority and by $13.3 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 $258.9 billion, $13.3 billion above the 
maximum deficit amount for 1996 of $245.6 billion.
  Since my last report, dated December 19, 1995, Congress cleared and 
the President signed the ICC Termination Act, Public Law 104-88; the 
Smithsonian Institution Commemorative Coin Act, Public Law 104-96; and 
further continuing appropriations, Public Law 104-94. These actions 
changed the current level of budget authority and outlays.
  This is my first report for the second session of the 104th Congress.
  The report follows:
                                      Congressional Budget Office,


                                                U.S. Congress,

                                 Washington, DC, January 22, 1996.
     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 January 10, 1996. 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.
       This is my first report for the second session of the 104th 
     Congress.
           Sincerely,
                                                  June E. O'Neill.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1996, 104TH 
     CONGRESS, 2D SESSION, AS OF CLOSE OF BUSINESS JANUARY 10, 1996     
                        [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     1,295.0          9.5
Outlays............................     1,288.1     1,301.4         13.3
Revenues:                                                               
    1996...........................     1,042.5     1,042.5     \2\ -0  
    1996-2000......................     5,691.5     5,690.8         -0.7
Deficit............................       245.6       258.9         13.3
Debt Subject to Limit..............     5,210.7     4,900.0       -310.7
                                                                        
                               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,
 2ND SESSION, SENATE SUPPORTING DETAIL FOR FISCAL YEAR 1996, AS OF CLOSE
                      OF BUSINESS JANUARY 10, 1996                      
------------------------------------------------------------------------
                                      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 IN FIRST 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. 104-61)........      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).........................  ...........        (\3\)  ...........
    Perishable Agricultural                                             
     Commodities Act Amendments                                         
     of 1995 (P.L. 104-48).......            1        (\3\)            1
    Alaska Power Administration                                         
     Sale Act (P.L. 104-58)......          -20          -20  ...........
    ICC Termination Act (P.L. 104-                                      
     88).........................  ...........  ...........        (\3\)
                                  --------------------------------------
      Total enacted this session.      366,191      245,845         -100
                                                                        
                        ENACTED IN SECOND SESSION                       
                                                                        
Smithsonian Institution                                                 
 Commemorative Coin Act (P.L. 104-                                      
 96).............................            3            3  ...........
                                                                        
                     CONTINUING RESOLUTION AUTHORITY                    
                                                                        
Further continuing appropriations                                       
 (P.L. 104-94) \1\...............      167,467       86,812  ...........
                                                                        
                      ENTITLEMENTS AND MANDATORIES                      
                                                                        
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements and other mandatory                                       
 programs not yet enacted........      131,056      127,749  ...........
                                  --------------------------------------
      Total current level \2\....    1,294,970    1,301,368    1,042,457
      Total budget resolution....    1,285,500    1,288,100    1,042,500
Amount remaining:                                                       
    Under budget resolution......  ...........  ...........           43
    Over budget resolution.......        9,470       13,268  ...........
------------------------------------------------------------------------
\1\ This is an estimate of discretionary funding based on a full year   
  calculation of the continuing resolution that expires January 26,     
  1996. Included in this estimate are the following appropriation bills:
  Commerce, Justice, State; District of Columbia; Foreign Operations;   
  Interior; Labor, HHS, Education; and Veterans, HUD. Under this        
  assumption, Public Laws 104-91 and 104-92, providing appropriations   
  for certain activities, have no additional effect at this time.       
\2\ In accordance with the Budget Enforcement Act, the total does not   
  include $3,401 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.                                    
\3\ Less than $500,000.                                                 
                                                                        
Notes.--Detail may not add due to rounding.                             



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