[Congressional Record Volume 153, Number 131 (Thursday, September 6, 2007)]
[Senate]
[Page S11207]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       CHANGES TO S. CON. RES. 21

  Mr. CONRAD. Mr. President, section 306 of S. Con. Res. 21, the 2008 
budget resolution, permits the chairman of the Senate Budget Committee 
to revise the aggregates, allocations, and other appropriate levels for 
legislation that would make higher education more accessible and more 
affordable, provided that the legislation does not worsen the deficit 
over the period of the total of fiscal years 2007 through 2012 or the 
period of the total of fiscal years 2007 through 2017.
  I find that the conference report for H.R. 2669, the College Cost 
Reduction and Access Act, satisfies the conditions of the deficit-
neutral reserve fund for higher education. Therefore, pursuant to 
section 306, I am adjusting the aggregates in the 2008 budget 
resolution, as well as the allocation provided to the Senate Health, 
Education, Labor, and Pensions Committee.
  I ask unanimous consent that the following revisions to S. Con. Res. 
21 be printed in the Record.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:

 CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2008.--S. CON. RES.
    21; REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 306
            DEFICIT-NEUTRAL RESERVE FUND FOR HIGHER EDUCATION
                        [In billions of dollars]
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Section 101:
    (1)(A) Federal Revenues:
        FY 2007...........................................     1,900.340
        FY 2008...........................................     2,022.084
        FY 2009...........................................     2,121.502
        FY 2010...........................................     2,176.951
        FY 2011...........................................     2,357.680
        FY 2012...........................................     2,494.753
    (1)(B) Change in Federal Revenues:
        FY 2007...........................................        -4.366
        FY 2008...........................................       -28.712
        FY 2009...........................................        14.576
        FY 2010...........................................        13.230
        FY 2011...........................................       -36.870
        FY 2012...........................................      -102.343
    (2) New Budget Authority:
        FY 2007...........................................     2,371.470
        FY 2008...........................................     2,503.114
        FY 2009...........................................     2,524.848
        FY 2010...........................................     2,579.138
        FY 2011...........................................     2,697.407
        FY 2012...........................................     2,734.883
    (3) Budget Outlays:
        FY 2007...........................................     2,294.862
        FY 2008...........................................     2,469.527
        FY 2009...........................................     2,570.800
        FY 2010...........................................     2,607.889
        FY 2011...........................................     2,703.174
        FY 2012...........................................     2,716.580
------------------------------------------------------------------------


 CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2008.--S. CON. RES.
    21; REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 306
            DEFICIT-NEUTRAL RESERVE FUND FOR HIGHER EDUCATION
                        [In millions of dollars]
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Current Allocation to Senate Health, Education, Labor, and
 Pensions Committee:
    FY 2007 Budget Authority..............................        12,922
    FY 2007 Outlays.......................................        13,144
    FY 2008 Budget Authority..............................        10,608
    FY 2008 Outlays.......................................        10,024
    FY 2008-2012 Budget Authority.........................        56,565
    FY 2008-2012 Outlays..................................        54,185
Adjustments:
    FY 2007 Budget Authority..............................        -4,890
    FY 2007 Outlays.......................................        -4,890
    FY 2008 Budget Authority..............................          -176
    FY 2008 Outlays.......................................          -842
    FY 2008-2012 Budget Authority.........................         5,754
    FY 2008-2012 Outlays..................................         4,888
Revised Allocation to Senate Health, Education, Labor, and
 Pensions Committee:
    FY 2007 Budget Authority..............................         8,032
    FY 2007 Outlays.......................................         8,254
    FY 2008 Budget Authority..............................        10,432
    FY 2008 Outlays.......................................         9,182
    FY 2008-2012 Budget Authority.........................        62,319
    FY 2008-2012 Outlays..................................        59,073
------------------------------------------------------------------------

                                                            

                          ____________________