[Congressional Record Volume 154, Number 106 (Wednesday, June 25, 2008)]
[Senate]
[Pages S6147-S6148]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       CHANGES TO S. CON. RES. 70

  Mr. CONRAD. Mr. President, section 323(d) of S. Con. Res. 70, the 
2009 budget resolution, permits the chairman of the Senate Budget 
Committee to make appropriate adjustments in aggregates, allocations, 
and other levels assumed in the resolution to reflect the budgetary 
impact of certain legislation.
  I am filing adjustments pursuant to section 323(d) for legislation 
that Congress cleared prior to the adoption of S. Con. Res. 70 but for 
which the necessary information to incorporate their budgetary effects 
was not available at the time the conference report was filed. The 
revisions are for public law 110-232, the Strategic Petroleum Reserve 
Fill Suspension and Consumer Protection Act of 2008, and public law 
110-245, the Heroes Earnings Assistance and Relief Tax Act of 2008.
  For the information of my colleagues, the combined effect of the 
adjustments, including accompanying changes in debt service, is to 
reduce the on-budget deficit assumed in S. Con. Res. 70 by $965 million 
in 2008, while increasing it by $933 million in 2009 and by roughly $1 
billion over the 2009 to 2013 period. On a unified basis, the 
legislation is expected to lower deficits by $322 million over the 2008 
to 2013 period. Because the revisions are being made for legislation 
that has already cleared Congress, they will neither raise nor lower 
the amount of room available to Congress under the budgetary aggregates 
and committee allocations.
  I ask unanimous consent to have printed in the Record a set of tables 
which show the revised allocations, aggregates, and other levels for S. 
Con. Res. 70, the 2009 budget resolution.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:

 CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2009--S. CON. RES.
  70; REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 323(d)
                        [In billions of dollars]
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Section 101:
    (1)(A) Federal Revenues:
        FY 2008............................................    1,875.400
        FY 2009............................................    2,029.644
        FY 2010............................................    2,204.668
        FY 2011............................................    2,413.246
        FY 2012............................................    2,506.023
        FY 2013............................................    2,626.530
    (1)(B) Change in Federal Revenues:
        FY 2008............................................       -4.000
        FY 2009............................................      -67.755
        FY 2010............................................       21.270
        FY 2011............................................      -14.824
        FY 2012............................................     -151.572
        FY 2013............................................     -123.689
    (2) New Budget Authority:
        FY 2008............................................    2,562.305
        FY 2009............................................    2,531.668
        FY 2010............................................    2,562.869
        FY 2011............................................    2,693.847
        FY 2012............................................    2,736.860
        FY 2013............................................    2,868.805
    (3) Budget Outlays:
        FY 2008............................................    2,464.754
        FY 2009............................................    2,566.868
        FY 2010............................................    2,621.952
        FY 2011............................................    2,712.799
        FY 2012............................................    2,722.051
        FY 2013............................................    2,860.217
    (4) Deficits (On-Budget):
        FY 2008............................................      589.354
        FY 2009............................................      537.224
        FY 2010............................................      417.284
        FY 2011............................................      299.553
        FY 2012............................................      216.028
        FY 2013............................................      233.687
    (5) Debt Subject to Limit:
        FY 2008............................................    9,574.025
        FY 2009............................................   10,206.896
        FY 2010............................................   10,731.823
        FY 2011............................................   11,136.758
        FY 2012............................................   11,483.707
        FY 2013............................................   11,831.678
    (6) Debt Held by the Public:
        FY 2008............................................    5,403.025
        FY 2009............................................    5,760.896
        FY 2010............................................    5,988.823
        FY 2011............................................    6,079.758
        FY 2012............................................    6,074.707
        FY 2013............................................    6,080.678
Section 102:
    (a) Social Security Revenues:
        FY 2008............................................      666.716
        FY 2009............................................      695.932
        FY 2010............................................      733.631
        FY 2011............................................      772.531
        FY 2012............................................      809.862
        FY 2013............................................      845.108
    (b) Social Security Outlays:
        FY 2008............................................      463.746
        FY 2009............................................      493.602
        FY 2010............................................      520.149
        FY 2011............................................      540.478
        FY 2012............................................      566.241
        FY 2013............................................      595.535
------------------------------------------------------------------------


 CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2009--S. CON. RES.
  70; REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 323(d)
                        [In billions of dollars]
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Section 104:
    (18) Net Interest (900):
        FY 2008
            New budget authority...........................      349.344
            Outlays........................................      349.344
        FY 2009
            New budget authority...........................      334.396
            Outlays........................................      334.396
        FY 2010
            New budget authority...........................      370.799
            Outlays........................................      370.799
        FY 2011
            New budget authority...........................      407.907
            Outlays........................................      407.907
        FY 2012
            New budget authority...........................      433.182
            Outlays........................................      433.182
        FY 2013
            New budget authority...........................      448.797
            Outlays........................................      448.797
                  (19) Allowances (920):
        FY 2008
            New budget authority...........................        3.476
            Outlays........................................        1.125
        FY 2009
            New budget authority...........................      -12.223
            Outlays........................................       -5.484
        FY 2010
            New budget authority...........................      -11.936
            Outlays........................................       -9.366
        FY 2011
            New budget authority...........................      -12.294
            Outlays........................................      -11.756
        FY 2012
            New budget authority...........................      -12.683
            Outlays........................................      -13.758
        FY 2013
            New budget authority...........................      -12.993
            Outlays........................................      -13.389
------------------------------------------------------------------------


[[Page S6148]]


SENATE COMMITTEE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS PURSUANT TO SECTION 302 OF THE CONGRESSIONAL BUDGET ACT
                                             BUDGET YEAR TOTAL 2008
                                            (In millions of dollars)
----------------------------------------------------------------------------------------------------------------
                                             Direct spending  legislation        Entitlements funded in annual
                                         ------------------------------------         appropriations acts
                Committee                                                    -----------------------------------
                                          Budget authority       Outlays      Budget authority       Outlays
----------------------------------------------------------------------------------------------------------------
Appropriations:
    General Purpose Discretionary.......         1,050,478         1,094,944
Memo:
    Off-budget..........................             5,260             5,181
    On-budget...........................         1,045,218         1,089,763
    Mandatory...........................           585,962           569,537
                                         ------------------------------------
        Total...........................         1,636,440         1,664,481
Agriculture, Nutrition, and Forestry....            14,910            15,413            74,287            58,027
Armed Services..........................           119,050           118,842               105               101
Banking, Housing, and Urban Affairs.....            15,285             1,628                 0                 0
Commerce, Science, and Transportation...            13,964             9,363             1,182             1,126
Energy and Natural Resources............             3,850             4,264                62                61
Environment and Public Works............            39,658             2,196                 0                 0
Finance.................................         1,100,859         1,102,857           442,523           442,584
Foreign Relations.......................            15,852            15,819               159               159
Homeland Security and Governmental                  86,027            84,221            10,573            10,573
 Affairs................................
Judiciary...............................             7,262             7,533               611               610
Health, Education, Labor, and Pensions..             9,874             9,745            13,208            13,229
Rules and Administration................                70               225               122               121
Intelligence............................                 0                 0               263               263
Veterans' Affairs.......................               746               801            42,867            42,683
Indian Affairs..........................               453               451                 0                 0
Small Business..........................              -333              -333                 0                 0
Unassigned to Committee.................          -604,458          -596,472                 0                 0
                                         -----------------------------------------------------------------------
        Total...........................         2,459,509         2,441,034           585,962           569,537
----------------------------------------------------------------------------------------------------------------


SENATE COMMITTEE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS PURSUANT TO SECTION 302 OF THE CONGRESSIONAL BUDGET ACT
                                             BUDGET YEAR TOTAL 2009
                                            (In millions of dollars)
----------------------------------------------------------------------------------------------------------------
                                             Direct spending  legislation        Entitlements funded in annual
                                         ------------------------------------         appropriations acts
                Committee                                                    -----------------------------------
                                          Budget authority       Outlays      Budget authority       Outlays
----------------------------------------------------------------------------------------------------------------
Appropriations
    General Purpose Discretionary.......         1,011,718         1,106,112
Memo:
    off-budget..........................             5,491             5,418
    on-budget...........................         1,006,227         1,100,694
    Mandatory...........................           621,707           608,653
                                         ------------------------------------
        Total...........................         1,633,425         1,714,765
Agriculture, Nutrition, and Forestry....            15,688            14,530            76,307            63,526
Armed Services..........................           126,030           125,863               105               100
Banking, Housing, and Urban Affairs.....            12,680            -1,239                 0                 0
Commerce, Science, and Transportation...            14,432            10,250             1,149             1,145
Energy and Natural Resources............             6,041             5,789                62                63
Environmental and Public Works..........            34,528             2,291                 0                 0
Finance.................................         1,085,721         1,087,208           473,803           473,788
Foreign Relations.......................            15,966            15,955               149               149
Homeland Security and Governmental                  89,749            87,732            10,599            10,599
 Affairs................................
Judiciary...............................             9,749             8,414               624               627
Health, Education, Labor and Pensions...             9,349             8,088            14,129            14,116
Rules and Administration................                69                19               127               127
Intelligence............................                 0                 0               279               279
Veterans' Affairs.......................             1,166             1,247            44,374            44,134
Indian Affairs..........................               529               542                 0                 0
Small Business..........................                 0                 0                 0                 0
Unassigned to Committee.................          -594,692          -586,021                 0                 0
                                         -----------------------------------------------------------------------
    Total...............................         2,460,430         2,495,433           621,707           608,653
----------------------------------------------------------------------------------------------------------------


   SENATE COMMITTEE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS PURSUANT TO SECTION 302 OF THE CONGRESSIONAL BUDGET
                                           ACT 5-YEAR TOTAL: 2009-2013
                                            [In millions of dollars]
----------------------------------------------------------------------------------------------------------------
                                             Direct spending  legislation        Entitlements funded in annual
                                         ------------------------------------         appropriations acts
                Committee                                                    -----------------------------------
                                          Budget authority       Outlays      Budget authority       Outlays
----------------------------------------------------------------------------------------------------------------
Agriculture, Nutrition, and Forestry....            76,466            69,479           387,350           329,869
Armed Services..........................           668,567           667,908               456               458
Banking, Housing, and Urban Affairs.....            66,961           -10,748                 0                 0
Commerce, Science, and Transportation...            75,918            49,960             6,322             6,294
Energy and Natural Resources............            26,349            25,971               302               303
Environment and Public Works............           173,099            11,833                 0                 0
Finance.................................         6,165,556         6,172,365         2,703,905         2,703,728
Foreign Relatons........................            73,053            73,024               660               660
Homeland Security and Governmental                 484,637           472,579            51,467            51,467
 Affairs................................
Judiciary...............................            40,735            41,031             3,207             3,241
Health, Education, Labor, and Pensions..            62,263            60,084            79,175            78,944
Rules and Administration................               341               343               685               685
Intelligence............................                 0                 0             1,481             1,481
Veterans' Affairs.......................             5,595             6,208           236,997           235,550
Indian Affairs..........................             2,158             2,216                 0                 0
Small Business..........................                 0                 0                 0                 0
----------------------------------------------------------------------------------------------------------------

                                                                                                

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