[Congressional Record Volume 145, Number 88 (Monday, June 21, 1999)]
[Senate]
[Pages S7320-S7321]
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 S. Con. Res. 32, the First Concurrent 
Resolution on the Budget for 1986.
  This report shows the effects of congressional action on the budget 
through June 16, 1999. The estimates of budget authority, outlays, and 
revenues are consistent with the technical and economic assumptions of 
S. Res. 209, a resolution to provide budget levels in the Senate for 
purposes of fiscal year 1999, as amended by S. Res. 312. The budget 
levels have also been revised to include adjustments made on May 19, 
1999, to reflect the amounts provided and designated as emergency 
requirements. The estimates show that current level spending is above 
the budget resolution by $0.4 billion in budget authority and above the 
budget resolution by $0.2 billion in outlays. Current level is $0.2 
billion above the revenue floor in 1999. The current estimate of the 
deficit for purposes of calculating the maximum deficit amount is $56.1 
billion, less than $50 million above the maximum deficit amount for 
1999 of $56.0 billion.
  Since my last report, dated May 12, 1999, the Congress passed and the 
President signed the 1999 Emergency Supplemental Appropriations Act 
(P.L. 106-31). The Congress also cleared for the President's signature 
the Miscellaneous Trade and Technical Corrections Act (H.R. 435). These 
actions changed the current level of budget authority, outlays, and 
revenues.
  I ask unanimous consent that the report be printed in the Record.
  There being no objection, the report was ordered to be printed in the 
Record, as follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                    Washington, DC, June 17, 1999.
     Hon. Pete V. Domenici,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The enclosed report shows the effects of 
     Congressional action on the 1999 budget and is current 
     through June 16, 1999. The estimates of budget authority, 
     outlays, and revenues are consistent with the technical and 
     economic assumptions of S. Res. 209, a resolution to provide 
     budget levels in the Senate for purposes of fiscal year 1999, 
     as amended by S. Res. 312. The budget levels have also been 
     revised to include adjustments made on May 19, 1999, to 
     reflect the amounts provided and designated as emergency 
     requirements. 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 May 12, 1999, the Congress 
     passed and the President signed the 1999 Emergency 
     Supplemental Appropriations Act (Public Law 106-31). The 
     Congress also cleared for the President's signature the 
     Miscellaneous Trade and Technical Corrections Act (H.R. 435). 
     These actions

[[Page S7321]]

     changed the current level of budget authority, outlays, and 
     revenues.
           Sincerely,
                                                 Barry B. Anderson
                                   (For Dan L. Crippen, Director).
       Enclosures.

 TABLE 1.--FISCAL YEAR 1999 SENATE CURRENT LEVEL REPORT, AS OF CLOSE OF
                         BUSINESS, JUNE 16, 1999
                        [In billions of dollars]
------------------------------------------------------------------------
                                      Budget                   Current
                                    resolution    Current    level over/
                                   S. Res. 312     level        under
                                    (adjusted)                resolution
------------------------------------------------------------------------
            ON-BUDGET
 
Budget Authority.................      1,465.3      1,465.7          0.4
Outlays..........................      1,414.9      1,415.2          0.2
Revenues:
  1999...........................      1,385.9      1,359.1          0.2
  1999-2003......................      7,187.0      7,187.7          0.7
Deficit..........................         56.0         56.1        (\1\)
Debt Subject to Limit............        (\2\)      5,493.1        (\3\)
 
            OFF-BUDGET
 
Special Security Outlays:
  1999...........................        321.3        321.3          0.0
  1999-2003......................      1,720.7      1,720.7          0.0
Social Security Revenues:
  1999...........................        441.7        441.7        (\1\)
  1999-2003......................      2,395.6      2,395.5         -0.1
------------------------------------------------------------------------
\1\ Less than $50 million.
\2\ Not included in S. Res. 321.
\3\ Not applicable.
 
Note.--Current level numbers are the estimated revenue and direct
  spending effects of all legislation that the 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 information from the U.S. Treasury.
 
Source: Congressional Budget Office.


  TABLE 2.--SUPPORTING DETAIL FOR THE FISCAL YEAR 1999 ON-BUDGET SENATE
      CURRENT LEVEL REPORT, AS OF CLOSE OF BUSINESS, JUNE 16, 1999
                        [In millions of dollars]
------------------------------------------------------------------------
                                      Budget
                                    authority     Outlays      Revenues
------------------------------------------------------------------------
Enacted in previous sessions:
  Revenues.......................  ...........  ...........    1,359,000
  Permanents and other spending        919,197      880,664  ...........
   legislation...................
  Appropriation legislation......      820,578      813,987  ...........
  Offsetting receipts............     -296,825     -296,825  ...........
                                  --------------------------------------
    Total previously enacted.....    1,442,950    1,397,826    1,359,099
                                  ======================================
Enacted this session:
  1999 Emergency Supplemental           11,348        3,677  ...........
   Appropriations Act (P.L. 106-
   31)...........................
Pending signature:
  1999 Miscellaneous Trade and     ...........  ...........            5
   Technical Corrections Act
   (H.R. 435)....................
Entitlements and mandatories:
  Budget resolution baseline            11,393       13,661  ...........
   estimates of appropriated
   entitlements and other
   mandatory programs not yet
   enacted.......................
Totals:
  Total Current Level............    1,465,691    1,415,164    1,359,104
  Total Budget Resolution........    1,465,294    1,414,916    1,358,919
  Amount remaining:
    Under Budget Resolution......  ...........  ...........  ...........
    Over Budget Resolution.......          397          248          185
------------------------------------------------------------------------
Note.--Estimates include the following in emergency funding: $34,226
  million in budget authority and $16,802 million in outlays.
 
Source: Congressional Budget Office.



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