[Congressional Record Volume 154, Number 129 (Thursday, July 31, 2008)]
[Senate]
[Page S7893]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       CHANGES TO S. CON. RES. 70

  Mr. CONRAD. Mr. President, section 222 of S. Con. Res. 70, the 2009 
budget resolution, permits the chairman of the Senate Budget Committee 
to revise the allocations, aggregates, and other levels in the 
resolution for legislation improving education, including legislation 
that makes higher education more accessible or more affordable. The 
revisions are contingent on certain conditions being met, including 
that such legislation not worsen the deficit over the period of the 
total of fiscal years 2008 through 2013 or the period of the total of 
fiscal years 2008 through 2018.
  I find that the conference report to accompany H.R. 4137, the Higher 
Education Opportunity Act, satisfies the conditions of the reserve fund 
for improving education. Therefore, pursuant to section 222, I am 
adjusting the aggregates in the 2009 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. 
70 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 2009--S. CON. RES.
    70; REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 222
          DEFICIT-NEUTRAL RESERVE FUND FOR IMPROVING EDUCATION
                        [In billions of dollars]
------------------------------------------------------------------------
 
------------------------------------------------------------------------
                        Section 101
(1)(A) Federal Revenues:
    FY 2008................................................    1,875.401
    FY 2009................................................    2,029.653
    FY 2010................................................    2,204.695
    FY 2011................................................    2,413.285
    FY 2012................................................    2,506.063
    FY 2013................................................    2,626.571
(1)(B) Change in Federal Revenues:
    FY 2008................................................       -3.999
    FY 2009................................................      -67.746
    FY 2010................................................       21.297
    FY 2011................................................      -14.785
    FY 2012................................................     -151.532
    FY 2013................................................     -123.648
(2) New Budget Authority:
    FY 2008................................................    2,564.237
    FY 2009................................................    2,538.292
    FY 2010................................................    2,566.671
    FY 2011................................................    2,692.511
    FY 2012................................................    2,734.155
    FY 2013................................................    2,858.894
(3) Budget Outlays:
    FY 2008................................................    2,466.678
    FY 2009................................................    2,573.270
    FY 2010................................................    2,625.593
    FY 2011................................................    2,711.470
    FY 2012................................................    2,719.582
    FY 2013................................................    2,852.035
------------------------------------------------------------------------


 CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2009--S. CON. RES.
    70; REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 222
          DEFICIT-NEUTRAL RESERVE FUND FOR IMPROVING EDUCATION
                         In millions of dollars
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Current Allocation to Senate Health, Education, Labor, and
 Pensions Committee:
    FY 2008 Budget Authority...............................        9,874
    FY 2008 Outlays........................................        9,745
    FY 2009 Budget Authority...............................        9,349
    FY 2009 Outlays........................................        8,088
    FY 2009-2013 Budget Authority..........................       62,263
    FY 2009-2013 Outlays...................................       60,084
Adjustments:
    FY 2008 Budget Authority...............................          -10
    FY 2008 Outlays........................................            *
    FY 2009 Budget Authority...............................           -9
    FY 2009 Outlays........................................         -114
    FY 2009-2013 Budget Authority..........................           36
    FY 2009-2013 Outlays...................................          -60
Revised Allocation to Senate Health, Education, Labor, and
 Pensions Committee:
    FY 2008 Budget Authority...............................        9,864
    FY 2008 Outlays........................................        9,745
    FY 2009 Budget Authority...............................        9,340
    FY 2009 Outlays........................................        7,974
    FY 2009-2013 Budget Authority..........................       62,299
    FY 2009-2013 Outlays...................................      60,024
------------------------------------------------------------------------
*less than $500,000.



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