[Congressional Record Volume 154, Number 177 (Thursday, November 20, 2008)]
[Senate]
[Pages S10720-S10721]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   FURTHER CHANGES TO S. CON. RES. 70

  Mr. CONRAD. Mr. President, pursuant to section 223 of S. Con. Res. 
70, I previously filed adjustments to the 2009 budget resolution for 
H.R. 2095, the Rail Safety Improvement Act of 2008. Those adjustments 
reflected the Congressional Budget Office's estimate at that time of 
the budgetary effects of H.R. 2095.
  CBO has since revised that estimate, increasing the amount of net 
savings over both 5 and 10 years. As such, H.R. 2095 still meets the 
conditions required for the release of the reserve fund under section 
223, including being fully paid for over both the 6- and 11-year time 
periods.
  Consequently, I am revising the adjustments made on September 29 
pursuant to section 223 to reflect CBO's updated estimate. This 
adjustment affects both the budgetary aggregates

[[Page S10721]]

and the allocation provided to the Senate Commerce, Science, and 
Transportation Committee.
  I ask unanimous consent to have printed in the Record the following 
revisions to S. Con. Res. 70.
  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; FURTHER REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION
      223 DEFICIT-NEUTRAL RESERVE FUND FOR INVESTMENTS IN AMERICA'S
                             INFRASTRUCTURE
                        [In billions of dollars]
------------------------------------------------------------------------
                        Section 101
------------------------------------------------------------------------
(1)(A) Federal Revenues:
    FY 2008................................................    1,875.401
    FY 2009................................................    2,029.667
    FY 2010................................................    2,204.701
    FY 2011................................................    2,413.291
    FY 2012................................................    2,506.069
    FY 2013................................................    2,626.577
(1)(B) Change in Federal Revenues:
    FY 2008................................................       -3.999
    FY 2009................................................      -67.732
    FY 2010................................................       21.303
    FY 2011................................................      -14.779
    FY 2012................................................     -151.526
    FY 2013................................................     -123.642
(2) New Budget Authority:
    FY 2008................................................    2,564.237
    FY 2009................................................    2,538.268
    FY 2010................................................    2,566.829
    FY 2011................................................    2,692.492
    FY 2012................................................    2,734.106
    FY 2013................................................    2,858.848
(3) Budget Outlays:
    FY 2008................................................    2,466.678
    FY 2009................................................    2,573.280
    FY 2010................................................    2,625.754
    FY 2011................................................    2,711.453
    FY 2012................................................    2,719.533
    FY 2013................................................    2,851.944
------------------------------------------------------------------------


 CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2009--S. CON. RES.
  70; FURTHER REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION
      223 DEFICIT-NEUTRAL RESERVE FUND FOR INVESTMENTS IN AMERICA'S
                             INFRASTRUCTURE
                        [In millions of dollars]
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Current Allocation to Senate Commerce, Science, and
 Transportation Committee:
    FY 2008 Budget Authority 13,964........................
    FY 2008 Outlays........................................        9,363
    FY 2009 Budget Authority...............................       14,435
    FY 2009 Outlays........................................       10,253
    FY 2009-2013 Budget Authority..........................       75,947
    FY 2009-2013 Outlays...................................       49,989
Adjustments:
    FY 2008 Budget Authority...............................            0
    FY 2008 Outlays........................................            0
    FY 2009 Budget Authority...............................            0
    FY 2009 Outlays........................................            0
    FY 2009-2013 Budget Authority..........................           -8
    FY 2009-2013 Outlays...................................           -8
Revised Allocation to Senate Commerce, Science, and
 Transportation Committee:
    FY 2008 Budget Authority...............................       13,964
    FY 2008 Outlays........................................        9,363
    FY 2009 Budget Authority...............................       14,435
    FY 2009 Outlays........................................       10,253
    FY 2009-2013 Budget Authority..........................       75,939
    FY 2009-2013 Outlays...................................       49,981
------------------------------------------------------------------------

                                                             

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