[Congressional Record Volume 144, Number 112 (Monday, August 31, 1998)]
[Senate]
[Pages S9693-S9695]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       BUDGET SCOREKEEPING REPORT

 Mr. DOMENICI. Madam 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 S. Con. Res. 32, 
the First Concurrent Resolution on the Budget for 1986.
  This report shows the effects of congressional action on the budget

[[Page S9694]]

through July 28, 1998. The estimates of budget authority, outlays, and 
revenues, which are consistent with the technical and economic 
assumptions of the 1998 Concurrent Resolution on the Budget (H. Con. 
Res. 84), show that current level spending is below the budget 
resolution by $16.2 billion in budget authority and above the budget 
resolution by $1.9 billion in outlays. Current level is $1.0 billion 
below the revenue floor in 1998 and $3.0 billion above the revenue 
floor over the five years 1998-2002. The current estimate of the 
deficit for purposes of calculating the maximum deficit amount is 
$176.4 billion, $2.9 billion above the maximum deficit amount for 1998 
of $173.5 billion.
  Since my last report, dated October 29, 1997, the Congress has 
cleared, and the President has signed the following authorization acts: 
National Defense (P.L. 105-85), Adoption and Safe Families (P.L. 105-
89), Savings Are Vital to Everyone's Retirement (P.L. 105-92), 
Veterans' Benefits (P.L. 105-114), Food and Drug Modernization (P.L. 
105-115), 50 States Commemorative Coin Program (P.L. 105-124), Hispanic 
Cultural Center (P.L. 105-127), Surface Transportation Extension (P.L. 
105-130), Small Business Reauthorization (P.L. 105-135), Acquisition of 
Real Property for Library of Congress (P.L. 105-144), an act amending 
Sec. 13031 of COBRA of 1985 (P.L. 105-150), Transportation Equity Act 
for the 21st Century (P.L. 105-178), Care for Police Survivors Act of 
1998, (P.L. 105-180), Agriculture Export Relief Act of 1998 (P.L. 105-
194), and Internal Revenue Service Restructuring and Reform (P.L. 105-
206). The President also signed the following 1998 appropriation bills: 
Agriculture (P.L. 105-86), Commerce, Justice, State (P.L. 105-119), 
District of Columbia (P.L. 105-100), Foreign Operations (P.L. 105-118), 
Interior (P.L. 105-83), Labor, HHS, and Education (P.L. 105-78), and 
1998 Emergency Supplementals and Rescissions (P.L. 105-174). In 
addition, Congress has cleared for the President's signature the 
Homeowners Protection Act (S. 318). These actions changed the current 
level of budget authority, outlays and revenues.
  In addition, the budget authority and outlay totals established in H. 
Con. Res. 84 have been revised to reflect adjustments made by the 
Budget Committee for continuing disability reviews, arrearages for 
international organizations, Federal land acquisitions, the 
International Monetary Fund (new arrangements to borrow), and the 
renewal of expiring contracts under section 8 housing assistance. Since 
my last letter, these changes have increased budget authority and 
outlays $12,489 million and $50 million, respectively.

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                    Washington, DC, July 30, 1998.
     Hon. Pete V. Domenici,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The enclosed report for fiscal year 1998 
     shows the effects of Congressional action on the 1998 budget 
     and is current through July 28, 1998. The estimates of budget 
     authority, outlays, and revenues are consistent with the 
     technical and economic assumptions in the 1998 Concurrent 
     Resolution on the Budget (H. Con. Res. 84). 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 October 28, 1997, the Congress 
     has cleared, and the President has signed the following 
     authorization acts: National Defense (P.L. 105-85), Adoption 
     and Safe Families (P.L. 105-89), Savings Are Vital to 
     Everyone's Retirement (P.L. 105-92), Veterans' Benefits (P.L. 
     105-114), Food and Drug Modernization (P.L. 105-115), 50 
     States Commemorative Coin Program (P.L. 105-124), Hispanic 
     Cultural Center (P.L. 105-127), Surface Transportation 
     Extension (P.L. 105-130), Small Business Reauthorization 
     (P.L. 105-135), Acquisition of Real Property for Library of 
     Congress (P.L. 105-144), an act amending Sec. 13031 of COBRA 
     of 1985 (P.L. 105-150), Transportation Equity Act for the 
     21st Century (P.L. 105-178), Care for Police Survivors Act of 
     1998 (P.L. 105-180), Agriculture Export Relief Act of 1998 
     (P.L. 105-194), and Internal Revenue Service Restructuring 
     and Reform (P.L. 105-206). The President also signed the 
     following appropriation bills: Agriculture (P.L. 105-86), 
     Commerce, Justice, State (P.L. 105-119), District of Columbia 
     (P.L. 105-100), Foreign Operations (P.L. 105-118), Interior 
     (P.L. 105-83), Labor, HHS, and Education (P.L. 105-78), and 
     1998 Emergency Supplementals and Rescissions (P.L. 105-174). 
     In addition, Congress has cleared for the President's 
     signature the Homeowners Protection Act (S. 318). These 
     actions changed the current level of budget authority, 
     outlays and revenues.
       In addition, the budget authority and outlay totals 
     established in H. Con. Res. 84 have been revised to reflect 
     adjustments made by the Budget Committee for continuing 
     disability reviews, arrearages for international 
     organizations, Federal land acquisitions, the International 
     Monetary Fund (new arrangements to borrow), and the renewal 
     of expiring contracts under section 8 housing assistance. 
     Since my last letter, these changes have increased budget 
     authority and outlays $12,489 million and $50 million, 
     respectively.
           Sincerely,
                                                  June E. O'Neill,
                                                         Director.
       Enclosures.

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1998, 105TH 
      CONGRESS, 2ND SESSION, AS OF CLOSE OF BUSINESS JULY 28, 1998      
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                      Budget                   Current  
                                    resolution    Current    level over/
                                     H. Con.       level        under   
                                     Res. 84                  resolution
------------------------------------------------------------------------
            ON BUDGET                                                   
                                                                        
Budget Authority.................      1,403.4      1,387.2        -16.2
Outlays..........................      1,372.5      1,374.4          1.9
Revenues:                                                               
  1998...........................      1,199.0      1,198.0         -1.0
  1998-2002......................      6,477.7      6,480.7          3.0
Deficit..........................        173.5        176.4          2.9
Debt Subject to Limit............      5,593.5      5,451.7       -141.8
                                                                        
            OFF-BUDGET                                                  
                                                                        
Social Security Outlays:                                                
  1998...........................        317.6        317.6          0.0
  1998-2002......................      1,722.4      1,722.4          0.0
Social Security Revenues:                                               
  1998...........................        402.8        402.7         -0.1
  1998-2002......................      2,212.1      2,212.3         0.2 
------------------------------------------------------------------------
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, 105TH CONGRESS, 2D SESSION, SENATE SUPPORTING DETAIL FOR
                             FISCAL YEAR 1998, AS OF CLOSE OF BUSINESS JULY 28, 1998                            
                                            [In millions of dollars]                                            
----------------------------------------------------------------------------------------------------------------
                                                                    Budget                                      
                                                                  authority         Outlays          Revenues   
----------------------------------------------------------------------------------------------------------------
                 ENACTED IN PREVIOUS SESSIONS                                                                   
                                                                                                                
    Revenues.................................................  ...............  ...............        1,206,379
    Permanents and other spending legislation................          880,459          867,037  ...............
    Appropriation legislation................................  ...............          241,036  ...............
    Offsetting receipts......................................         -211,291         -211,291  ...............
                                                              --------------------------------------------------
      Total previously enacted...............................          669,168          896,782        1,206,379
                                                              ==================================================
                    ENACTED FIRST SESSION                                                                       
                                                                                                                
Authorization Acts:                                                                                             
    Balanced Budget Act of 1997 (P.L. 105-33)................            1,525              477              267
    Taxpayer Relief Act of 1997 (P.L. 105-34)................  ...............  ...............           -9,281
    Stamp Out Breast Cancer Act (P.L. 105-41) \1\............  ...............  ...............  ...............
    Oklahoma City National Memorial Act of 1997 (P.L. 105-58)               14                3               14
    National Defense Authorization Act for 1998 (P.L. 105-85)             -159             -159  ...............
    Adoption and Safe Families Act of 1997 (P.L. 105-89).....               -3               -1  ...............
    Savings Are Vital to Everyone's Retirement Act of 1997                                                      
     (P.L. 105-92)...........................................                1                1                1
    Veterans' Benefits Act of 1997 (P.L. 105-114)............                3                1  ...............
    Food and Drug Modernization Act of 1997 (P.L. 105-115)...  ...............  ...............            (\1\)
    50 States Commemorative Coin Program Act of 1997 (P.L.                                                      
     105-124)................................................                1                1  ...............
    Hispanic Cultural Center Act of 1997 (P.L. 105-127)......               13                0  ...............
    Surface Transportation Extension Act of 1997 (P.L. 105-                                                     
     130)....................................................           29,586               65  ...............
    Small Business Reauthorization Act of 1997 (P.L. 105-135.                0                2  ...............
    Acquisition of Real Property for Library of Congress                                                        
     (P.L. 105-144...........................................                5                3                5
    Act amending Sec. 13031 of COBRA of 1985 (P.L. 105-150)..                2                2  ...............
Appropriation Acts                                                                                              
    1997 Emergency Supplemental Appropriations (P.L. 105-18).             -350             -280  ...............
    Agriculture, Rural Development (P.L. 105-86).............           49,047           41,511  ...............
    Commerce, Justice, State (P.L. 105-119...................           31,744           21,242  ...............

[[Page S9695]]

                                                                                                                
    Defense (P.L. 105-56)....................................          247,709          164,702  ...............
    District of Columbia (P.L. 105-100)......................              855              554  ...............
    Energy and Water Development (P.L. 105-62)...............           20,732           13,533  ...............
    Foreign Operations (P.L. 105-118)........................           13,191            5,082  ...............
    Interior and Related Agencies (P.L. 105-83)..............           13,841            9,091  ...............
    Labor, HHS, and Education (P.L. 105-78)..................          171,761          128,411  ...............
    Legislative Branch (P.L. 105-55).........................            2,251            2,023  ...............
    Military Construction (P.L. 105-45)......................            9,183            3,024  ...............
    Transportation (P.L. 105-66).............................           13,064           13,485  ...............
    Treasury and General Government (P.L. 105-61)............           17,106           14,168               -4
    Veterans, HUD (P.L. 105-65)..............................           90,689           52,864  ...............
                                                              --------------------------------------------------
      Total enacted first session............................          711,811          469,805           -8,998
                                                              ==================================================
                    ENACTED SECOND SESSION                                                                      
                                                                                                                
    1998 Emergency Supplemental Appropriations and                                                              
     Rescissions (P.L. 105-174)..............................           -2,039              310  ...............
    Transportation Equity Act for the 21st Century (P.L. 105-                                                   
     178)....................................................            (\2\)             -440  ...............
    Care for Police Survivors Act of 1998 (P.L. 105-180).....                1                1  ...............
    Agriculture Export relief Act of 1998 (P.L. 105-194).....                7                7  ...............
    Internal Revenue Service Restructuring and Reform Act of                                                    
     1998 (P.L. 105-206).....................................              -15             -440              608
                                                              --------------------------------------------------
      Total, enacted second session..........................           -2,046              318              608
                                                              ==================================================
                   PASSED PENDING SIGNATURE                                                                     
                                                                                                                
Care for Police Survivors Act of 1998 (H.R. 3565)                                                               
      Total, passed pending signature........................                2                2  ...............
                                                              ==================================================
                 ENTITLEMENTS AND MANDATORIES                                                                   
                                                                                                                
Budget resolution baseline estimates of appropriated                                                            
 entitlements and other mandatory programs not yet enacted...            8,280            7,461  ...............
                                                              ==================================================
                            TOTALS                                                                              
                                                                                                                
Total Current Level..........................................        1,387,215        1,374,368        1,197,989
    Total Budget Resolution..................................        1,403,402        1,372,512        1,199,000
Amount remaining:                                                                                               
    Under Budget Resolution..................................           16,187  ...............            1,011
    Over Budget Resolution...................................  ...............            1,856  ...............
                                                              ==================================================
                           ADDENDUM                                                                             
                                                                                                                
Emergencies..................................................            5,450            3,282               -8
Contingent Emergencies.......................................              479               91  ...............
                                                              --------------------------------------------------
      Total..................................................            6,019            3,373               -8
      Total Current Level Including Emergencies..............        1,393,234        1,377,741        1,197,981
----------------------------------------------------------------------------------------------------------------
\1\ The revenue effect of this act begins in fiscal year 1999.                                                  
\2\ The scoring of the budget authority for this act has not been completed.                                    
                                                                                                                
Notes.--Amounts shown under ``emergencies'' represent funding for programs that have been deemed emergency      
  requirements by the President and the Congress. Amounts shown under ``contingent emergencies'' represent      
  funding designated as an emergency only by the Congress that is not available for obligation until it is      
  requested by the President and the full amount requested is designated as an emergency requirement.           
Current level estimates include $390 million in budget authority and $298 million in outlays for projects that  
  were cancelled by the President pursuant to the Line Item Veto Act, P.L. 104-130.                             
                                                                                                                
Source: Congressional Budget Office.                                                                    
                                                                                                                



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