[Congressional Record Volume 161, Number 93 (Thursday, June 11, 2015)]
[Senate]
[Pages S4097-S4098]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SECTION 3112 OF S. CON. RES. 11
Mr. HATCH. On March 27, 2015, the Senate functioned properly by
adopting S. Con. Res. 11 on the congressional budget for the U.S.
Government for fiscal year 2016.
Section 3112 of that budget resolution contains a specification of
procedures governing cost estimates for what is defined to be ``major
legislation'' as defined in section 3112(c)(1).
I wish to provide a few comments to clarify that section of the
budget resolution, and I understand that my distinguished colleague
from Oregon, Finance Committee Ranking Member
[[Page S4098]]
Wyden, also wishes to provide separate and related comments.
In setting out what is to be taken as ``major legislation,'' the
budget resolution specifies that legislation may be designated to be
``major'' if the Senator or House Member who is chairman or vice
chairman of the Joint Committee on Taxation, or JCT, designates the
legislation as such ``for revenue legislation.'' Of course, such
language is entirely consistent with existing laws and practice, under
which the responsibility and control over revenue estimates in the
congressional budget process lies squarely with the chair and vice
chair of the JCT.
The budget resolution also specifies that legislation may be
designated to be ``major'' if the chair of the Committee on the Budget
in the Senate or the House designates the legislation as such ``for all
direct spending and revenue legislation.'' Of course, existing laws and
practice assigns responsibility and control over spending estimates
with the Budget Committees. However, the budget resolution includes
``revenue legislation'' as part of what the Budget Committee chairs may
use for designating legislation as being ``major.''
As I understand the intent of the language, when major legislation is
to be considered, there can be cases in which the legislation may
require estimates both from the JCT and from the Congressional Budget
Office, or CBO. In such cases, there is nothing to prohibit use of
longstanding practice in which the Budget Committees consult with the
chair and vice chair of the JCT to ensure that any necessary revenue
estimates are arrived at by the JCT, for use in scoring major
legislation. To be clear, however, nothing in the budget resolution
should be taken to mean that the chairs of the Budget Committees have
authority to interfere with the responsibility and control over revenue
estimates in any part of the congressional budget process which, as I
identified earlier, lies squarely with the chair and vice chair of the
JCT.
It is my understanding that the budget resolution does not direct or
allow for any possibility of such interference, and my purpose in the
remarks I am making today is to make that understanding clear. As I
have mentioned, longstanding practice has been that if a need arises
for the CBO to obtain information on major legislation from the JCT in
terms of revenue estimates or effects of legislative proposals on
marginal effective tax rates, Budget Committee members can ensure that
those estimates and effects are obtained by consulting with the chair
and vice chair of the JCT. This longstanding practice ensures smooth
processing of the JCT's workload, and prevents any direct control or
intervention in JCT's workload from other committees with other
jurisdictions.
Mr. WYDEN. Mr. President, I share the concern of my colleague, the
Finance Committee chairman, and I support his interpretation of this
provision. In accordance with longstanding historical practice, and
because of important practical considerations, the chair and vice chair
of the Joint Committee on Taxation should exercise principal control
over the revenue estimating process, and section 3112 should not be
interpreted to authorize the chairs of the Budget Committees to
interfere with JCT's responsibility for and control over revenue
estimates in any part of the congressional budget process.
However, I must note that on the broader point of dynamic estimates,
I am opposed, and I was therefore opposed to section 3112 being
included in the budget resolution and conference agreement to start
with. Dynamic estimates rely on shaky math and convenient assumptions
that reward advocates of tax cuts while punishing advocates of long-
term investments in people and our Nation's infrastructure.
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