[Congressional Record Volume 142, Number 47 (Monday, April 15, 1996)]
[Senate]
[Pages S3320-S3321]
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 March 29, 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. House 
Concurrent Resolution 67, show that current level spending is above the 
budget resolution by $16.0 billion in budget authority and by $16.9 
billion in outlays. Current level is $81 million below the revenue 
floor in 1996 and $5.5 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 $262.6 billion, $17.0 billion 
above the maximum deficit amount for 1996 of $245.6 billion.
  Since my last report, dated March 25, 1996, Congress has cleared and 
the President has signed the Contract With America Advancement Act. 
Public Law 104-121, the Agriculture Improvement and Reform Act, Public 
Law 104-127, and the 12th continuing resolution for 1996, Public Law 
104-122. The continuing resolution also included the Federal payment to 
the District of Columbia and emergency funding for Bosnia and 
Herzegovina for economic revitalization. These actions changed the 
current level of budget authority and outlays.
  The report follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                   Washington, DC, April 15, 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 March 29, 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.
       Since my last report dated March 25, 1996, Congress has 
     cleared, and the President has signed the Contract with 
     America Advancement Act (P.L. 104-121), the Agriculture 
     Improvement and Reform Act (P.L. 104-127) and the twelfth 
     continuing resolution for 1996 (P.L. 104-122). The continuing 
     resolution also included the Federal payment to the District 
     of Columbia and emergency funding for Bosnia and Herzegovina 
     for economic revitalization. These actions changed the 
     current level of budget authority and outlays.
           Sincerely,
                                        June E. O'Neill, Director.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1996, 104TH 
      CONGRESS, 2D SESSION, AS OF CLOSE OF BUSINESS MARCH 29, 1996      
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                   Current  
                                    resolution    Current    level over/
                                     H. Con.       level        under   
                                     Res. 67                  resolution
------------------------------------------------------------------------
            ON-BUDGET                                                   
                                                                        
Budget authority.................      1,285.5      1,301.5         16.0
Outlays..........................      1,288.1      1,305.0         16.9
Revenues:                                                               
    1996.........................      1,042.5      1,042.4         -0.1
    1996-2000....................      5,691.5      5,697.0          5.5
Deficit..........................        245.6        262.6         17.0
Debt subject to limit............      5,210.7      5,054.8       -155.9
                                                                        
            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
------------------------------------------------------------------------
Note.--Current level numbers are 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.                                                         


[[Page S3321]]



 THE ON-BUDGET CURRENT LEVEL REPORT FOR THE U.S. SENATE, 104TH CONGRESS,
 2D SESSION, SENATE SUPPORTING DETAIL FOR FISCAL YEAR 1996, AS OF CLOSE 
                       OF BUSINESS MARCH 29, 1996                       
                        [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 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).......................       23,026       20,530  ...........
    Offsetting receipts..........       -7,946       -7,946  ...........
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  ...........
  Fishermens' Protective Act                                            
   Amendments of 1995 (P.L. 104-                                        
   43)...........................  ...........        (\1\)  ...........
  Perishable Agricultural                                               
   Commodities Act (P.L. 104-48).            1        (\1\)            1
  Alaska Power Administration                                           
   Sale Act (P.L. 104-58)........          -20          -20  ...........
  ICC Termination Act (P.L. 104-                                        
   88)...........................  ...........  ...........        (\1\)
                                  --------------------------------------
      Total enacted first session      366,191      245,845         -100
                                  ======================================
    ENACTED IN SECOND SESSION                                           
                                                                        
Appropriation Bills:                                                    
  Seventh Continuing Resolution                                         
   (P.L. 104-92) \2\.............       13,165       11,037  ...........
  Ninth Continuing Resolution                                           
   (P.L. 104-99) \2\.............          792         -825  ...........
  District of Columbia (P.L. 104-                                       
   122)..........................          712          712  ...........
  Foreign Operations (P.L. 104-                                         
   107)..........................       12,104        5,936  ...........
    Offsetting receipts..........          -44          -44  ...........
Authorization Bills:                                                    
  Gloucester Marine Fisheries Act                                       
   (P.L. 104-91) \3\.............       30,502       19,151  ...........
  Smithsonian Institution                                               
   Commemorative Coin Act (P.L.                                         
   104-96).......................            3            3  ...........
  Saddleback Mountain Arizona                                           
   Settlement Act (P.L. 104-102).  ...........           -7  ...........
  Telecommunications Act of 1996                                        
   (P.L. 104-104) \4\............  ...........  ...........  ...........
  Farm Credit System Regulatory                                         
   Relief Act (P.L. 104-105).....           -1           -1  ...........
  National Defense Authorization                                        
   Act of 1996 (P.L. 104-106)....          369          367  ...........
  Extension of Certain Expiring                                         
   Authorities of the Department                                        
   of Veterans Affairs (P.L. 104-                                       
   110)..........................           -5           -5  ...........
  To award Congressional Gold                                           
   Medal to Ruth and Billy Graham                                       
   (P.L. 104-111)................        (\1\)        (\1\)  ...........
  An Act Providing for Tax                                              
   Benefits for Armed Forces in                                         
   Bosnia, Herzegovina, Croatia                                         
   and Macedonia (P.L. 104-117)..  ...........  ...........          -38
  Contract with America                                                 
   Advancement Act (P.L. 104-121)         -120           -6  ...........
  Agricultural Improvement and                                          
   Reform Act (P.L. 94-127)......         -325         -744  ...........
                                  --------------------------------------
      Total enacted second                                              
       session...................       57,151       35,575          -38
                                  ======================================
 CONTINUING RESOLUTION AUTHORITY                                        
                                                                        
Twelfth Continuing Resolution                                           
 (P.L. 104-122) \5\..............      116,863       54,882  ...........
   ENTITLEMENTS AND MANDATORIES                                         
                                                                        
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements and other mandatory                                       
 programs not yet enacted........      131,056      127,749  ...........
Total current level \6\..........    1,301,514    1,305,010    1,042,419
Total budget resolution..........    1,285,500    1,288,100    1,042,500
Amount remaining:                                                       
  Under budget resolution........  ...........  ...........           81
  Over budget resolution.........       16,014       16,910  ...........
------------------------------------------------------------------------
\1\ Less than $500,000.                                                 
\2\ P.L. 104-92 and P.L. 104-99 provides funding for specific           
  appropriated accounts until September 30, 1996.                       
\3\ This bill, also referred to as the sixth continuing resolution for  
  1996, provides funding until September 30, 1996 for specific          
  appropriated accounts.                                                
\4\ The effects of this Act on budget authority, outlays and revenues   
  begin in fiscal year 1997.                                            
\5\ This is an annualized estimate of discretionary funding that expires
  April 24, 1996, for the following appropriation bills: Commerce-      
  Justice, Interior, Labor-HHS-Education and Veterans-HUD.              
\6\ In accordance with the Budget Enforcement Act, the total does not   
  include $3,615 million in budget authority and $1,667 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.                     



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