[Congressional Record Volume 142, Number 119 (Wednesday, September 4, 1996)]
[Senate]
[Pages S9858-S9860]
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 August 2, 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 $15.6 billion in budget authority and by $14.3 
billion in outlays. Current level is $45 million below the revenue 
floor in 1996 and $7.8 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 $259.9 billion, $14.2 billion 
above the maximum deficit amount for 1996 of $245.7 billion.
  Since my last report, dated July 29, 1996, Congress has cleared and 
the President has signed the 1997 Agriculture appropriations bill 
(Public Law 104-180, which includes a 1996 supplemental, the Small 
Business Job Protection Act--Public Law 104-188, the Health Insurance 
Portability and Accountability Act of 1996--Public Law 104-191, and the 
Personal Responsibility and Work Opportunity Reconciliation Act of 
1996--Public Law 104-193. These actions have changed the current level 
of budget authority, outlays, and revenues.
  This submission also includes my first report for fiscal year 1997, 
reflecting congressional action through August 2, 1996. The estimates 
of budget authority, outlays, and revenues are consistent with the 
technical and economic assumptions of the 1997 concurrent resolution on 
the budget House Concurrent Resolution 178.
  The material follows:
                                                    U.S. Congress,


                                  Congressional Budget Office,

                                Washington, DC, September 3, 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 August 2, 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 July 29, 1996, the Congress has 
     cleared and the President has signed the 1997 Agriculture 
     Appropriations Bill (P.L. 104-180), which includes a 1996 
     supplemental, the Small Business Job Protection Act (P.L. 
     104-188), the Health Insurance Portability and Accountability 
     Act of 1996 (P.L. 104-191), and the Personal Responsibility 
     and Work Opportunity Reconciliation Act of 1996 (P.L. 104-
     193). These actions have changed the current level of budget 
     authority, outlays, and revenues.
           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 AUGUST 2, 1996      
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                   Current  
                                    resolution    Current    level over/
                                     H. Con.       level        under   
                                     Res. 67                  resolution
------------------------------------------------------------------------
            ON-BUDGET                                                   
                                                                        
Budget Authority \1\.............      1,285.5      1,301.1         15.6

[[Page S9859]]

                                                                        
Outlays \1\......................      1,288.2      1,302.4         14.3
Revenues:                                                               
    1996.........................      1,042.5      1,042.5          0.0
    1996-2000....................      5,691.5      5,699.3          7.8
Deficit..........................        245.7        259.9         14.2
Debt Subject to Limit............      5,210.7      5,092.8       -117.9
                                                                        
            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      2,060.6         -0.4
------------------------------------------------------------------------
\1\ The discretionary spending limits for budget authority and outlays  
  for the Budget Resolution have been revised pursuant to Section 103(c)
  of P.L. 104-121, the Contract with America Advancement Act.           
                                                                        
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.                                                         


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 AUGUST 2, 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  .................
    Fishermen's 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:                                                                                            
    Ninth Continuing Resolution (P.L. 104-99) \2\......             -1,111             -1,313  .................
    District of Columbia (P.L. 104-122)................                712                712  .................
    Foreign Operations (P.L. 104-107)..................             12,104              5,936  .................
        Offsetting receipts............................                -44                -44  .................
    Omnibus Rescissions and Appropriations Act of 1996                                                          
     (P.L. 104-134)....................................            330,746            246,113  .................
        Offsetting receipts............................            -63,682            -55,154  .................
    1997 Agriculture (P.L. 104-180)....................                 -4  .................  .................
Authorization Bills:                                                                                            
    Gloucester Marine Fisheries Act (P.L. 104-91) \3\..             14,054              5,882  .................
    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 Releif 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  .................
    Agriculture Improvement and Reform Act (P.L. 104-                                                           
     127)..............................................               -325               -744  .................
    Federal Tea Tasters Repeal Act of 1996 (P.L. 104-                                                           
     128)..............................................  .................  .................              (\1\)
    Antiterroriam and Effective Death Penalty Act (P.L.                                                         
     104-132)..........................................  .................  .................                  2
    An Act to Amend the Foreign Assistance Act of 1961                                                          
     and the Arms Export Control Act (P.L. 104-164)....                -72                -72  .................
    The Taxpayer Bill of Rights 2 (P.L. 104-168).......  .................  .................                -30
    Small Business Job Protection Act (P.L. 104-188)...  .................  .................                 92
    Health Insurance Portability and Accountability Act                                                         
     of 1996 (P.L. 104-191)............................  .................                 10                 62
    Personal Responsibility and Work Opportunity                                                                
     Reconciliation Act of 1996 (P.L. 104-193).........                104  .................  .................
    An Act for the Relief of Benchmark Rail Group, Inc.                                                         
     (Pvt. L. 104-1)...................................  .................                  1  .................
    An Act for the Relief of Nathan C. Vance (Pvt. L.                                                           
     104-2)............................................              (\1\)              (\1\)  .................
                                                        --------------------------------------------------------
      Total enacted second session.....................            292,727            201,679                 88
                                                        ========================================================
              ENTITLEMENTS AND MANDATORIES                                                                      
                                                                                                                
Budget resolution baseline estimates of appropriated                                                            
 entitlements and other mandatory programs not yet                                                              
 enacted...............................................             11,913             13,951  .................
                                                        ========================================================
                         TOTALS                                                                                 
                                                                                                                
Total Current Level \5\................................          1,301,085          1,302,434          1,042,545
Total Budget Resolution................................          1,285,515          1,288,160          1,042,500
                                                        --------------------------------------------------------
Amount remaining:                                                                                               
    Under Budget Resolution............................  .................  .................                -45
    Over Budget Resolution.............................             15,570             14,274  .................
----------------------------------------------------------------------------------------------------------------
\1\ Less than $500,000.                                                                                         
\2\ 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\ In accordance with the Budget Enforcement Act, the total does not include $4,785 million in budget authority
  and $2,686 million in outlays for funding of emergencies that have been designated as such by the President   
  and the Congress.                                                                                             


[[Page S9860]]


  

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                Washington, DC, September 3, 1996.
     Hon. Pete V. Domenici,
     Chairman, Committee on the Budget, U.S. Senate, Washington, 
         DC.
       Dear Mr. Chairman: The attached report, my first for fiscal 
     year 1997, shows the effects of Congressional action on the 
     1997 budget and is current through August 2, 1996. The 
     estimates of budget authority, outlays, and revenues are 
     consistent with the technical and economic assumptions of the 
     1997 Concurrent Resolution on the Budget (H. Con. Res. 178). 
     This report is submitted under Section 308(b) and in aid of 
     Section 311 of the Congressional Budget Act, as amended.
           Sincerely,
                                                  June E. O'Neill,
                                                         Director.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1997, 104TH 
      CONGRESS, 2D SESSION, AS OF CLOSE OF BUSINESS AUGUST 2, 1996      
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                   Current  
                                    resolution    Current    level over/
                                     H. Con.       level        under   
                                     Res. 178                 resolution
------------------------------------------------------------------------
            ON-BUDGET                                                   
                                                                        
Budget Authority.................      1,314.8        844.5       -470.2
Outlays..........................      1,311.0      1,032.0       -279.0
Revenues:                                                               
    1997.........................      1,083.7      1,101.6         17.8
    1997-2001....................      5,913.3      6,012.7         99.4
Deficit..........................        227.3        -69.6       -269.9
Debt Subject to Limit............      5,432.7      5,041.5       -391.2
                                                                        
            OFF-BUDGET                                                  
                                                                        
Social Security Outlays:                                                
    1997.........................        310.4        310.4          0.0
    1997-2001....................      2,061.3      2,061.3          0.0
Social Security Revenues:                                               
    1997.........................        385.0        384.7         -0.3
    1997-2001....................      2,121.0      2,120.6         -0.4
------------------------------------------------------------------------
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.                                                         


 THE ON-BUDGET CURRENT LEVEL REPORT FOR THE U.S. SENATE 104TH CONGRESS, 
2D SESSION SENATE SUPPORTING DETAIL FOR FISCAL YEAR 1997, AS OF CLOSE OF
                         BUSINESS AUGUST 2, 1996                        
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                      Budget                            
                                    authority     Outlays      Revenues 
------------------------------------------------------------------------
   ENACTED IN PREVIOUS SESSIONS                                         
                                                                        
Revenues.........................  ...........  ...........    1,100,355
Permanents and other spending                                           
 legislation.....................      843,212      804,226  ...........
Appropriation legislation........  ...........      238,509  ...........
    Offsetting receipts..........     -199,772     -199,772  ...........
                                  --------------------------------------
      Total previously enacted...      643,440      842,963    1,100,355
                                  ======================================
       ENACTED THIS SESSION                                             
                                                                        
Appropriations Bills:                                                   
  Agriculture (P.L. 104-180).....       52,345       44,936  ...........
Authorization Bills:                                                    
  Taxpayer Bill of Rights 2 (P.L.                                       
   104-168)......................  ...........  ...........          -15
  Federal Oil & Gas Royalty                                             
   Simplification & Fairness Act                                        
   of 1996 (P.L. 104-185)........           -2           -2  ...........
  Small Business Job Protection                                         
   Act of 1996 (P.L. 104-188)....          -76          -76          579
  An Act to Authorize Voluntary                                         
   Separation Incentives at                                             
   A.I.D. (P.L. 104-190).........           -1           -1  ...........
  Health Insurance Portability &                                        
   Accountability Act of 1996                                           
   (P.L. 104-191)................          305          315          590
  Personal Responsibility and                                           
   Work Opportunity                                                     
   Reconciliation Act of 1996                                           
   (P.L. 104-193)................       -2,341       -2,934           60
                                  --------------------------------------
      Total enacted this session.       50,230       42,238        1,214
                                  ======================================
   ENTITLEMENTS AND MANDATORIES                                         
                                                                        
Budget resolution baseline                                              
 estimates of appropriated                                              
 entitlements and other mandatory                                       
 programs not yet enacted........      150,853      146,763  ...........
                                  ======================================
Total Current Level\1\...........      844,523    1,031,964    1,101,569
Total Budget Resolution..........    1,314,760    1,311,011    1,083,728
                                  --------------------------------------
Amount remaining:                                                       
  Under Budget Resolution........      470,237      279,047  ...........
  Over Budget Resolution.........  ...........  ...........      17,841 
------------------------------------------------------------------------
\1\ In accordance with the Budget Enforcement Act, the total does not   
  include $37 million in outlays for funding of emergencies that have   
  been designated as such by the President and Congress.        

  

                          ____________________