[Congressional Record Volume 147, Number 44 (Thursday, March 29, 2001)]
[Senate]
[Pages S3143-S3144]
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 2001 
budget through March 26, 2001. The estimates of budget authority, 
outlays, and revenues are consistent with the technical and economic 
assumptions of the 2001 Concurrent Resolution on the Budget (H. Con. 
Res. 290).
  The estimates show that current level spending is above the budget 
resolution by $33.9 billion in budget authority and by $21.8 billion in 
outlays. Current level is $14.1 billion above the revenue floor in 
2001.
  Since my last report, dated January 30, 2001, the Congress has taken 
no action that has changed budget authority, outlays, or revenues.
  Mr. President, I ask unanimous consent to print a letter and 
enclosures from the Congressional Budget Office in the Record.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                   Washington, DC, March 27, 2001.
     Hon. Pete V. Domenici,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The enclosed tables show the effects of 
     Congressional action on

[[Page S3144]]

     the 2001 budget and are current through March 26, 2001. 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. 290, the Concurrent Resolution on the Budget for 
     Fiscal Year 2001.
       Since my last report, dated January 25, 2001, the Congress 
     has taken no action that has changed budget authority, 
     outlays, or revenues.
           Sincerely,
                                                  Steven Lieberman
                                   (For Dan L. Crippen, Director).
       Enclosures.

 TABLE 1.--FISCAL YEAR 2001 SENATE CURRENT LEVEL REPORT, AS OF MARCH 23,
                                  2001
                        [In billions of dollars]
------------------------------------------------------------------------
                                                               Current
                                      Budget      Current    level over/
                                    resolution   level \1\      under
                                                              resolution
------------------------------------------------------------------------
            ON-BUDGET
 
Budget Authority.................      1,534.5      1,568.4         33.9
Outlays..........................      1,495.9      1,517.7         21.8
Revenues:
  2001...........................      1,498.2      1,512.3         14.1
  2001-2005......................      8,022.4      8,155.9        133.5
Debt Subject to Limit............      5,663.5      5,654.3         -9.2
 
            OFF-BUDGET
 
Social Security Outlays:
  2001...........................        336.5        337.2          0.7
  2001-2005......................      1,765.0      1,767.3          2.3
Social Security Revenues:
  2001...........................        501.5        501.5        (\2\)
  2001-2005......................      2,740.8      2,740.8        (\2\)
------------------------------------------------------------------------
\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\ Less than $50 million.
 
Source: Congressional Budget Office.


   TABLE 2.--SUPPORTING DETAIL FOR THE FISCAL YEAR 2001 SENATE CURRENT
  LEVEL REPORT FOR ON-BUD-  GET SPENDING AND REVENUES, AS OF MARCH 26,
                                  2001
                        [In millions of dollars]
------------------------------------------------------------------------
                                      Budget
                                    authority     Outlays      Revenues
------------------------------------------------------------------------
    ENACTED PREVIOUS SESSIONS
 
Revenues.........................         n.a.         n.a.    1,514,820
Permanents and other spending          972,555      923,811         n.a.
 legislation.....................
Appropriation legislation........      911,231      892,084         n.a.
Offsetting receipts..............     -298,597     -928,677         n.a.
                                  --------------------------------------
      Total, enacted in previous     1,585,189    1,517,218    1,514,820
       sessions..................
 
   ENTITLEMENTS AND MANDATORIES
 
Adjustments to appropriated            -16,743          519         n.a.
 mandatories to reflect baseline
 estimates.......................
Total Current Level..............    1,568,446    1,517,737    1,514,820
Total Budget Resolution..........    1,534,546    1,495,924    1,498,200
Current Level Over Budget               33,900       21,813       16,620
 Resolution......................
Current Level Under Budget                n.a.         n.a.         n.a.
 Resolution......................
 
            MEMORANDUM
 
Emergency designations for bills         8,744       11,225            0
 enacted this session............
------------------------------------------------------------------------
Note.--n.a. = not applicable.
 
Source: Congressional Budget Office.



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