[Congressional Record Volume 150, Number 95 (Monday, July 12, 2004)]
[Senate]
[Page S7932]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       BUDGET SCOREKEEPING REPORT

  Mr. NICKLES. 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 2004 
budget through June 25, 2004--the last day that the Senate was in 
session before the recent recess. The estimates of budget authority, 
outlays, and revenues are consistent with the technical and economic 
assumptions of the 2004 Concurrent Resolution on the Budget, H. Con. 
Res. 95, as adjusted.
  The estimates show that current level spending is above the budget 
resolution by $8.6 billion in budget authority and by $28 million in 
outlays in 2004. Current level for revenues is $3.1 billion above the 
budget resolution in 2004.
  Since my last report dated April 20, 2004, the Congress has cleared 
and the President has signed the following acts which changed budget 
authority, outlays, or revenues for 2004: the Surface Transportation 
Extension Act of 2004, Part II--P.L. 108-224; the TANF and Related 
Programs Continuation Act of 2004--P.L. 108-262; the Surface 
Transportation Extension Act of 2004, Part III--P.L. 108-263; the Child 
Nutrition and WIC Reauthorization Act of 2004--P.L. 108-265; and, an 
act approving the renewal of import restrictions contained in the 
Burmese Freedom and Democracy Act of 2003--P.L. 108-272. In addition, 
the Congress has cleared for the President's signature H.R. 4103, the 
African Growth and Opportunity Acceleration Act of 2004.
  I ask unanimous consent that the budget scorekeeping report be 
printed 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, July 12, 2004.
     Hon. Don Nickles,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The enclosed tables show the effects of 
     Congressional action on the 2004 budget and are current 
     through June 25, 2004 (the last day that the Senate was in 
     session before the recent recess). 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. 95, the Concurrent Resolution on the Budget for 
     Fiscal Year 2004, as adjusted.
       Since my last letter, dated April 19, 2004, the Congress 
     has cleared and the President has signed the following acts, 
     which changed budget authority, outlays or revenues for 2004:
       The Surface Transportation Extension Act of 2004, Part II 
     (Public Law 108-224);
       The TANF and Related Programs Continuation Act of 2004 
     (Public Law 108-262);
       The Surface Transportation Extension Act of 2004, Part III 
     (Public Law 108-263);
       The Child Nutrition and WIC Reauthorization Act of 2004 
     (Public Law 108-265); and
       An act approving the renewal of import restrictions 
     contained in the Burmese Freedom and Democracy Act of 2003 
     (P.L. 108-272).
       In addition the Congress has cleared for the President's 
     signature H.R. 4103, the AGOA Acceleration Act of 2004.
       The effects of these actions are detailed in Table 2.
           Sincerely,
                                              Douglas Holtz-Eakin,
                                                         Director.
       Enclosures.

   TABLE 1.--SENATE CURRENT-LEVEL REPORT FOR SPENDING AND REVENUES FOR
                  FISCAL YEAR 2004, AS OF JUNE 25, 2004
                        [In billions of dollars]
------------------------------------------------------------------------
                                                               Current
                                      Budget      Current    level over/
                                    resolution    level\1\    under (-)
                                                              resolution
------------------------------------------------------------------------
On-Budget
  Budget Authority...............      1,873.5      1,882.1          8.6
  Outlays........................      1,897.0      1,897.0            *
  Revenues.......................      1,331.0      1,334.1          3.1
Off-Budget
  Social Security Outlays........        380.4        380.4            0
  Social Security Revenues.......        557.8        557.8            *
------------------------------------------------------------------------
\1\ Current level is the estimated effect on revenue and spending 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.
 
Note.--* = less than $50 million.
 
SOURCE: Congressional Budget Office.


 TABLE 2.--SUPPORTING DETAIL FOR THE SENATE CURRENT-LEVEL REPORT FOR ON-BUDGET SPENDING AND REVENUES FOR FISCAL
                                         YEAR 2004, AS OF JUNE 25, 2004
                                            (In millions of dollars)
----------------------------------------------------------------------------------------------------------------
                                                            Budget authority       Outlays          Revenues
----------------------------------------------------------------------------------------------------------------
Enacted in previous sessions:
    Revenues..............................................              n.a.              n.a.         1,330,756
    Permanents and other spending legislation \1\.........         1,117,131         1,077,938              n.a.
    Approproiation legislation............................         1,148,942         1,179,843              n.a.
    Offsetting receipts...................................          -365,798          -365,798              n.a.
                                                           -----------------------------------------------------
      Total, enacted in previous sessions:................         1,900,275         1,891,983         1,330,756
                                                           =====================================================
Enacted this session:
    Surface Transportation Extension Act of 2004 (P.L. 108-            1,328                 0                 0
     202).................................................
    Social Security Protection Act of 2004 (P.L. 108-203).               685               685                 0
    Welfare Reform Extension Act of 2004 (P.L. 108-210)...               107                59                 0
    An act to reauthorize certain school lunch and child                   6                 6                 0
     nutrition programs through June 30, 2004 (P.L. 108-
     211).................................................
    Pension Funding Equity Act of 2004 (P.L. 108-218).....                 0                 0             3,363
    An act to require the Secretary of Defense to                         13                 7                 0
     reimburse members of the United States Armed Forces
     for certain transportation expenses (P.L. 108-220)...
    Surface Transportation Extension Act of 2004, Part II                482                 0                 0
     (P.L. 108-224).......................................
    TANF and Related Programs Continuation Act of 2004                    80                35                 0
     (P.L. 108-262).......................................
    Surface Transportation Extension Act of 2004, Part III               422                 0                 0
     (P.L. 108-263).......................................
    Child Nutrition and WIC Reauthorization Act of 2004                    7                 6                 0
     (P.L. 108-265).......................................
    An act approving the renewal of import restrictions     ................  ................                -2
     contained in the Burmese Freedom and Democracy Act of
     2003 (P.L. 208-272)..................................
                                                           -----------------------------------------------------
      Total, enacted this session.........................             3,130               797             3,361
                                                           =====================================================
Passed pending signature: AGOA Acceleration Act of 2004                    0                 0                -2
 (H.R. 4103)..............................................
Entitlements and mandatories: Difference between enacted             -21,334             4,221              n.a.
 levels and budget resolution estimates for appropriated
 entitlements and other mandatory programs................
Total Current Level \1\ \2\...............................         1,882,071         1,897,001         1,334,115
Total Budget Resolution...................................         1,873,459         1,896,973         1,331,000
Current Level Over Budget Resolution......................             8,612                28             3,115
Current Level Under Budget Resolution.....................              n.a.              n.a.              n.a.
----------------------------------------------------------------------------------------------------------------
\1\ Pursuant to section 502 of H. Con. Res. 95, the Concurrent Resolution on the Budget for Fiscal Year 2004,
  provisions designated as emergency requirements are exempt from enforcement of the budget resolution. As a
  result, the current level excludes $82,460 million in budget authority and $36,644 million in outlays from
  previously enacted bills.
\2\ Excludes administrative expenses of the Social Security Administration, which are off-budget.
 
Source: Congressional Budget Office.
Notes: n.a. = not applicable; P.O. = Public Law.



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