[Congressional Record Volume 157, Number 152 (Wednesday, October 12, 2011)]
[House]
[Pages H6851-H6852]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   PUBLICATION OF BUDGETARY MATERIAL


  revisions to the aggregates and allocations of the fiscal year 2012 
                    budget resolution for H.R. 2832

  Mr. RYAN of Wisconsin. Mr. Speaker, pursuant to section 305 of H. 
Con. Res. 34, the House-passed budget resolution for fiscal year 2012, 
deemed to be in force by H. Res. 287, I hereby submit for printing in 
the Congressional Record revisions to the budget allocations and 
aggregates set forth pursuant to the concurrent resolution on the 
budget for fiscal year 2012. Aggregate levels of budget authority, 
outlays, and revenue are revised and the allocation to the House 
Committee on Ways and Means is also revised, for fiscal year 2012 and 
the period of fiscal year 2012 through 2021.
  The revision is provided for H.R. 2832, legislation extending the 
Generalized System of Preferences and Trade Adjustment Assistance. 
Corresponding tables are attached.
  This revision represents an adjustment for the purposes of sections 
302 and 311 of the Congressional Budget Act of 1974, as amended. For 
the purposes of the Budget Act, these revised aggregates and 
allocations are to be considered as aggregates and allocations included 
in the budget resolution.
  Section 305 of the budget resolution allows the Chairman of the 
Committee on the Budget to revise the allocations of spending authority 
provided to the Committee on Ways and Means for legislation that 
decreases revenue. The Chairman of the Committee on the Budget may 
adjust the allocations and aggregates of this concurrent resolution if 
such measure would not increase the deficit over fiscal years 2012 
through 2021.
  H.R. 2832 decreases the deficit over this period by $6 million and is 
hence eligible for these adjustments.
  Section 407(d) of the budget resolution provides an exemption for 
legislation for which the Chairman of the Committee on the Budget has 
made adjustments in the allocations or aggregates of the resolution and 
that complies with such resolution.
  This subsection specifically provides that: ``Any legislation for 
which the chairman of the Committee on the Budget makes adjustments in 
the allocations and aggregates of this concurrent resolution on the 
budget and complies with the Congressional Budget Act of 1974 shall not 
be subject to the points of order set forth in clause 10 of rule XXI of 
the Rules of the House of Representatives or section 405.'' The table 
that follows indicates what these adjustments are.

                            BUDGET AGGREGATES
               [On-budget amounts, in millions of dollars]
------------------------------------------------------------------------
                                                       Fiscal Years 2012-
                                     Fiscal Year 2012         2021
------------------------------------------------------------------------
Current Aggregates:
    Budget Authority..............          2,858,531                \1\
    Outlays.......................          2,947,902                \1\
    Revenues......................          1,866,402         26,125,311
Changes for legislation to extend
 the Generalized System of
 Preferences, and for other
 purposes. (H.R. 2832):
    Budget Authority..............                -28                \1\
    Outlays.......................               -240                \1\
    Revenues......................               -996             -1,784
Revised Aggregates:
    Budget Authority..............          2,858,503                \1\
    Outlays.......................          2,947,662                \1\
    Revenues......................          1,865,406        26,123,527
------------------------------------------------------------------------
\1\ Not applicable because annual appropriations Acts for fiscal years
  2012 through 2021 will not be considered until future sessions of
  Congress.


[[Page H6852]]


          DIRECT SPENDING LEGISLATION--AUTHORIZING COMMITTEE 302(a) ALLOCATIONS FOR RESOLUTION CHANGES
                                     [Fiscal Years, in millions of dollars]
----------------------------------------------------------------------------------------------------------------
                                                            2012                         2012-2021 Total
                                             -------------------------------------------------------------------
                                                   Budget                            Budget
                                                 Authority         Outlays         Authority         Outlays
----------------------------------------------------------------------------------------------------------------
House Committee on Ways & Means:............
Current allocation:.........................        1,030,988        1,031,520       13,173,262       13,173,925
Changes for legislation to extend the                     -28             -240           -1,709           -1,790
 Generalized System of Preferences, and for
 other purposes. (H.R. 2832):...............
Revised Allocation:.........................        1,030,960        1,031,280       13,171,553       13,172,135
----------------------------------------------------------------------------------------------------------------

                                                                                                 

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