[Congressional Record Volume 160, Number 18 (Thursday, January 30, 2014)]
[Senate]
[Page S649]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BUDGETARY REVISIONS
Mrs. MURRAY. Madam President, section 114(d) of H.J. Res. 59, the
Bipartisan Budget Act of 2013, allows the chairman of the Senate Budget
Committee to revise the allocations, aggregates, and levels filed on
January 14, 2014, pursuant to section 111 of H.J. Res. 59, for a number
of deficit-neutral reserve funds. These reserve funds were incorporated
into the Bipartisan Budget Act by reference to sections of S. Con. Res.
8, the Senate-passed budget resolution for 2014. Among these sections
is a reference to section 313 of S. Con. Res. 8, which establishes a
deficit-neutral reserve fund for a farm bill. The authority to adjust
enforceable levels in the Senate for a farm bill is contingent on that
legislation not increasing the deficit over either the period of the
total of fiscal years 2013 through 2018 or the period of the total of
fiscal years 2013 through 2023.
I find that the conference agreement on H.R. 2642, the Agricultural
Act of 2014, as reported on January 27, 2014, fulfills the conditions
of the deficit-neutral reserve fund for a farm bill. Therefore,
pursuant to section 114(d) of H.J. Res. 59, I am adjusting the
budgetary aggregates, as well as the allocation to the Committee on
Agriculture, Nutrition, and Forestry.
I ask unanimous consent that the following tables detailing the
revisions be printed in the Record.
There being no objection, the material was ordered to be printed in
the Record, as follows:
BUDGETARY AGGREGATES--PURSUANT TO SECTION 111 OF THE BIPARTISAN BUDGET ACT OF 2013 AND SECTION 311 OF THE
CONGRESSIONAL BUDGET ACT OF 1974
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$s in millions 2014 2014-18 2014-23
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Current Budgetary Aggregates:
Spending:..........................................
Budget Authority............................... 2,924,837 n/a n/a
Outlays........................................ 2,937,094 n/a n/a
Revenue............................................ 2,311,026 13,699,478 31,095,742
Adjustments Made Pursuant to Section 114(d) of the
Bipartisan Budget Act:*
Spending:..........................................
Budget Authority............................... 3,243 n/a n/a
Outlays........................................ 2,124 n/a n/a
Revenue............................................ 5 51 104
Revised Budgetary Aggregates:
Spending:..........................................
Budget Authority............................... 2,928,080 n/a n/a
Outlays........................................ 2,939,218 n/a n/a
Revenue............................................ 2,311,031 13,699,529 31,095,846
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n/a = Not applicable. Appropriations for fiscal years 2015-2023 will be determined by future sessions of
Congress and enforced through future Congressional budget resolutions.
* Adjustments made pursuant to section 114(d) of the Bipartisan Budget Act of 2013, which incorporates by
reference section 313 of S. Con. Res. 8, as passed by the Senate. Section 313 establishes a deficit-neutral
reserve fund for a farm bill.
REVISIONS TO THE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS TO THE COMMITTEE ON AGRICULTURE, NUTRITION, AND
FORESTRY PURSUANT TO SECTION 111 OF THE BIPARTISAN BUDGET ACT OF 2013 AND SECTION 302 OF THE CONGRESSIONAL
BUDGET ACT OF 1974
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Committee on Agriculture, Nutrition, and
Forestry
$s in millions -----------------------------------------------
Current Revised
Allocation Adjustments* Allocation
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Fiscal Year 2014:
Budget Authority............................................ 12,852 3,243 16,095
Outlays..................................................... 11,862 2,124 13,986
Fiscal Years 2014-2018:
Budget Authority............................................ 68,964 -3,906 65,058
Outlays..................................................... 66,695 -5,310 61,385
Fiscal Years 2014-2023:
Budget Authority............................................ 141,305 -15,034 126,271
Outlays..................................................... 137,659 -16,504 121,155
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* Adjustments made pursuant to section 114(d) of the Bipartisan Budget Act of 2013, which incorporates by
reference section 313 of S. Con. Res. 8, as passed by the Senate. Section 313 establishes a deficit-neutral
reserve fund for a farm bill.
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