[Congressional Record Volume 157, Number 163 (Thursday, October 27, 2011)]
[House]
[Page H7158]
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. 2576

       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. 2576, legislation 
     amending the Internal Revenue Code of 1986 to modify the 
     calculation of modified adjusted gross income for purposes of 
     determining eligibility for certain healthcare-related 
     programs. 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. 2576 decreases the deficit over this period by $14.6 
     billion and is hence eligible for these adjustments are.
       The table that follows indicates what these adjustments 
     are.

                            BUDGET AGGREGATES
               [On-budget amounts, in millions of dollars]
------------------------------------------------------------------------
                                                 Fiscal year
                                   -------------------------------------
                                           2012            2012-2021
------------------------------------------------------------------------
Current Aggregates:
    Budget Authority..............          2,858,503              (\1\)
    Outlays.......................          2,947,662              (\1\)
    Revenues......................          1,890,365         30,285,754
Changes for the United States--
 Colombia, Panama, Korea Free
 Trade Agreement Implementation
 Acts (H.R.3078, H.R. 3079, H.R.
 3080):
    Budget Authority..............                  0              (\1\)
    Outlays.......................                  0              (\1\)
    Revenues......................                  0             -7,100
Revised Aggregates:
    Budget Authority..............          2,858,503              (\1\)
    Outlays.......................          2,947,662              (\1\)
    Revenues......................          1,890,365        30,278,654
------------------------------------------------------------------------
\1\ Not applicable because annual appropriations Acts for fiscal years
  2013 through 2021 will not be considered until future sessions of
  Congress.


          DIRECT SPENDING LEGISLATION--AUTHORIZING COMMITTEE 302(a) ALLOCATIONS FOR RESOLUTION CHANGES
                                     [Fiscal years, in millions of dollars]
----------------------------------------------------------------------------------------------------------------
                                                      2012                             2012-2021 Total
  House Committee on Ways and Means  ---------------------------------------------------------------------------
                                       Budget authority       Outlays        Budget authority       Outlays
----------------------------------------------------------------------------------------------------------------
Current Allocation..................          1,030,960          1,031,280         13,171,553         13,172,135
Changes for a bill to amend the                       0                  0            -21,700            -21,770
 Internal Revenue Code of 1986 to
 modify the calculation of adjusted
 gross income for purposes of
 determining eligibility for certain
 healthcare-related programs.
 (H.R.2576).........................
Revised Allocation..................          1,030,960          1,031,280         13,149,853         13,150,435
----------------------------------------------------------------------------------------------------------------

                                                                                               

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