[Congressional Record Volume 146, Number 6 (Tuesday, February 1, 2000)]
[Senate]
[Pages S221-S222]
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 January 27, 2000. The estimates of budget authority, outlays, 
and revenues are consistent with the technical and economic assumptions 
of the 2000 Concurrent Resolution on the Budget (H. Con. Res. 68). The 
budget resolution figures incorporate revisions submitted to the Senate 
to reflect funding for emergency requirements, disability reviews, 
adoption assistance, the earned income tax credit initiative, and 
arrearages for international organizations, peacekeeping, and 
multilateral banks.
  The estimates show that current level spending is above the budget 
resolution by $10.3 billion in budget authority and below the budget 
resolution by $2.3 billion in outlays. Current level is $17.8 billion 
above the revenue floor in 2000. The current estimate of the deficit 
for purposes of calculating the maximum deficit amount is $20.6 
billion, which is $5.7 billion below the maximum deficit amount for 
2000 of $26.3 billion.
  Since my last report, dated September 28, 1999, the Congress has 
passed and the President has signed the following acts: Veterans, HUD 
and Independent Agencies Appropriations Act, 2000 (P.L. 106-74), 
Agriculture and Rural Development Appropriations Act, 2000 (P.L. 106-
78), Defense Appropriations Act, 2000 (P.L. 106-79), Gramm-Leach-Bliley 
Act (P.L. 106-102), an Act Making Consolidated Appropriations for FY 
2000 (P.L. 106-113), Veterans' Millennium Health Care and Benefits Act 
(P.L. 106-117), an act to convey property in Sisters, Oregon (P.L. 106-
144), an act to require the Secretary of the Treasury to mint various 
commemorative coins (P.L. 106-126), Foster Care Independence Act of 
1999 (P.L. 106-169), and Ticket to Work and Work Incentives Improvement 
Act of 1999 (P.L. 106-170). These actions have changed the current 
level of budget authority, outlays, and revenues. This is my first 
report for the second session of the 106th Congress.
                                                    U.S. Congress,


                                  Congressional Budget Office,

                                 Washington, DC, January 28, 2000.
     Hon. Pete V. Domenici,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The enclosed report for fiscal year 2000 
     shows the effects of Congressional action on the 2000 budget 
     and is current through January 27, 2000. This report is 
     submitted under section 308(b) and in aid of section 311 of 
     the Congressional Budget Act, as amended. The estimates of 
     budget authority, outlays, and revenues are consistent with 
     the technical and economic assumptions of H. Con. Res. 68, 
     the Concurrent Resolution on the Budget for Fiscal Year 2000. 
     The budget resolution figures incorporate revisions submitted 
     to the Senate to reflect funding for emergency requirements, 
     disability reviews, adoption assistance, the earned income 
     tax credit initiative, and arrearages for international 
     organizations, peacekeeping, and multilateral banks. These 
     revisions are required by section 314 of the Congressional 
     Budget Act, as amended.
       Since my last report, dated October 6, 1999, the Congress 
     has passed, and the President has signed the following acts: 
     Veterans, HUD

[[Page S222]]

     and Independent Agencies Appropriations Act, 2000 (P.L. 106-
     74), Agriculture and Rural Development Appropriations Act, 
     2000 (P.L. 106-78), Defense Appropriations Act, 2000 (P.L. 
     106-79), Gramm-Leach-Bliley Act (P.L. 106-102), an Act Making 
     Consolidated Appropriations for FY 2000 (P.L. 106-113), 
     Veterans' Millennium Health Care and Benefits Act (P.L. 106-
     117), an act to convey property in Sisters, Oregon (P.L. 106-
     144), an act to require the Secretary of the Treasury to mint 
     various commemorative coins (P.L. 106-126), Foster Care 
     Independence Act of 1999 (P.L. 106-169), and Ticket to Work 
     and Work Incentives Improvement Act of 1999 (P.L. 106-170). 
     These actions have changed the current levels of budget 
     authority, cutlays, and revenues. This is my first report for 
     the second session of the 106th Congress.
           Sincerely,
                                                 Barry B. Anderson
                                   (For Dan L. Crippen, Director).
       Enclosures.

 TABLE 1.--FISCAL YEAR 2000 SENATE CURRENT LEVEL REPORT, AS OF CLOSE OF
                       BUSINESS, JANUARY 27, 2000
                        [In billions of dollars]
------------------------------------------------------------------------
                                                               Current
                                      Budget      Current    level over/
                                    resolution   level \1\      under
                                                              resolution
------------------------------------------------------------------------
            ON-BUDGET
Budget Authority.................      1,455.0      1,465.2         10.3
Outlays..........................      1,434.4      1,432.2         -2.3
Revenues:
  2000...........................      1,393.7      1,411.5         17.8
  2000-2009......................     16,139.1     16,914.0        774.9
Deficit \2\......................         26.3         20.6         -5.7
Debt Subject to Limit............      5,628.4      5,686.9         58.5
 
            OFF-BUDGET
 
Social Security Outlays:
  2000...........................        327.3        327.2          \3\
  2000-2009......................      3,866.9      3,866.6         -0.3
Social Security Revenues:
  2000...........................        468.0        467.8         -0.2
  2000-2009......................      5,681.9      5,681.8         -0.1
------------------------------------------------------------------------
\1\ Current level is 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.
\2\ Section 314 of the Congressional Budget Act of 1974, as amended,
  requires the deficit in the budget resolution to be changed to reflect
  increases in outlays as the result of funding for specific actions
  (emergency requirements, disability reviews, adoption assistance, the
  earned income tax credit initiative, and arrearages for international
  organizations, peacekeeping, and multilateral banks). Sec. 211 of the
  Concurrent Resolution on the Budget for Fiscal Year 2000 (H. Con. Res.
  68) allows for a decrease in revenues by an amount equal to the on-
  budget surplus on July 1, 1999, as estimated by CBO, but does not
  allow an equal adjustment to the deficit. Therefore, the deficit
  number for the budget resolution shown above reflects only the outlay
  increases made to the budget resolution between May 19, 1999, and
  November 1, 1999.
\3\ Less than $50 million.
 
Source: Congressional Budget Office.


   TABLE 2.--SUPPORTING DETAIL FOR THE FISCAL YEAR 2000 ON-BUDGET SENATE CURRENT LEVEL REPORT, AS OF CLOSE OF
                                           BUSINESS, JANUARY 27, 2000
                                            [In millions of dollars]
----------------------------------------------------------------------------------------------------------------
                                                                    Budget
                                                                  authority         Outlays          Revenues
----------------------------------------------------------------------------------------------------------------
Enacted in previous sessions:
    Revenues.................................................  ...............  ...............        1,408,082
    Permanents and other spending legislation................  ...............          874,007  ...............
    Appropriation legislation................................  ...............          247,166  ...............
    Offsetting receipts......................................         -295,703         -295,703  ...............
                                                              --------------------------------------------------
      Total, enacted in previous sessions....................          616,573          825,470        1,408,082
                                                              ==================================================
Enacted this session:
    Signed into law:
        1999 Education Flexibility Partnership Act (P.L. 106-  ...............               32  ...............
         25).................................................
        1999 Miscellaneous Trade and Technical Corrections     ...............               -2              -19
         Act (P.L. 106-36)...................................
        Water Resources Development Act (P.L. 106-53)........              -19              -19  ...............
        National Defense Authorization Act, 2000 (P.L. 106-                -97              -97  ...............
         65).................................................
        Gramm-Leach-Bliley Act (P.L. 106-102)................              -35              -31                1
        Veterans' Millennium Health Care and Benefits Act                   61               -4  ...............
         (P.L. 106-117)......................................
        An act to require the Secretary of the Treasury to                  -1               -1  ...............
         mint various coins (P.L. 106-126)...................
        An act to convey property in Sisters, Oregon (P.L.                   1                1  ...............
         106-144)............................................
        Foster Care Independence Act of 1999 (P.L. 106-169)..               39              -22  ...............
        Emergency Supplemental Appropriations Act, 1999 (P.L.            1,955            7,360  ...............
         103-31).............................................
        Emergency Steel Loan and Emergency Oil and Gas         ...............               19  ...............
         Guaranteed Loan Act (P.L. 106-51)...................
        Agriculture and Rural Development Appropriations Act,           68,641           48,539  ...............
         2000 (P.L. 106-78)..................................
        Defense Appropriations Act, 2000 (P.L. 106-79).......          265,366          176,618               13
        Military Construction Appropriations Act, 2000 (P.L.             8,374            2,459  ...............
         106-52).............................................
        Legislative Branch Appropriations Act, 2000 (P.L. 106-           2,457            2,111  ...............
         57).................................................
        Treasury and General Government Appropriations Act,             27,929           24,970  ...............
         2000 (P.L. 106-58)..................................
        Energy and Water Appropriations Act, 2000 (P.L. 106-            21,280           13,297  ...............
         60).................................................
        Transportation Appropriations Act, 2000 (P.L. 106-69)           14,369           17,883  ...............
        Veterans, HUD and Independent Agencies Appropriations           95,850           55,861  ...............
         Act, 2000 (P.L. 106-74).............................
        An Act Making Consolidated Appropriations for FY 2000          334,111          251,109            3,330
         (P.L. 106-113) \1\..................................
        Ticket to Work and Work Incentives Improvement Act                  18               18              116
         (P.L. 106-170)......................................
                                                              --------------------------------------------------
          Total, enacted this session........................          840,299          600,101            3,441
Entitlements and mandatories:
    Adjustments to appropriated mandatories to reflect                   8,362            6,580  ...............
     baseline estimates......................................
                                                              ==================================================
Total Current Level..........................................        1,465,234        1,432,151        1,411,523
Total Budget Resolution......................................        1,454,952        1,434,420        1,393,684
    Current Level Over Budget Resolution.....................           10,282  ...............           17,839
    Current Level Under Budget Resolution....................  ...............            2,269  ...............
Memorandum:
    Emergency designations...................................           31,309           27,279  ...............
----------------------------------------------------------------------------------------------------------------
\1\ Public Law 106-113 provides funding for five regular appropriation bills: District of Columbia; Commerce,
  Justice, State; Foreign Operations; Interior; and Labor, HHS, Education. This act also incorporates by
  reference a miscellaneous appropriations bill and two bills that affect direct spending.
 
Source: Congressional Budget Office.
 
P.L. = public law; HHS = Health and Human Services; HUD = Housing and Urban Development.



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