[Congressional Record Volume 165, Number 85 (Tuesday, May 21, 2019)]
[House]
[Page H4061]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PUBLICATION OF BUDGETARY MATERIAL
revision to the aggregates, allocations, and other budgetary levels for
fiscal year 2020
House of Representatives,
Committee on the Budget,
Washington, DC, May 21, 2019.
Madam Speaker: Pursuant to the Congressional Budget Act of
1974 (CBA) and H. Res. 293 (116th Congress), I hereby submit
for printing in the Congressional Record a revision to the
aggregates and allocations set forth in the Statement of
Aggregates, Allocations, and Other Budgetary Levels for
Fiscal Year 2020 published in the Congressional Record on May
3, 2019, as adjusted.
This adjustment responds to House consideration of H.R.
1500, as amended, the Consumers First Act. This adjustment is
allowable under section l(d)(2) of H. Res. 293, as H.R. 1500,
as amended, would not increase the deficit for either of the
following time periods: fiscal years 2020-2024 or fiscal
years 2020-2029. It shall apply while that legislation is
under consideration and take effect upon the enactment of
that legislation.
Accordingly, I am revising the aggregate spending level for
fiscal year 2020 and the aggregate revenue level for 2020 and
2020-2029 and the allocation for the House Committee on
Financial Services for fiscal year 2020. For purposes of
enforcing titles III and IV of the CBA and other budgetary
enforcement provisions, the revised aggregates and allocation
are to be considered as aggregates and allocations included
in the budget resolution, pursuant to the Statement published
in the Congressional Record on May 3, 2019, as adjusted.
Questions may be directed to Jennifer Wheelock or Raquel
Spencer of the Budget Committee staff.
John Yarmuth.
TABLE 1--REVISION TO ON-BUDGET AGGREGATES
[On-budget amounts, in millions of dollars]
------------------------------------------------------------------------
2020 2020-2029
------------------------------------------------------------------------
Current Aggregates:
Budget Authority.......................... 3,712,348 n.a.
Outlays................................... 3,677,940 n.a.
Revenues.................................. 2,740,533 34,847,515
Revision for the Consumers First Act (H.R.
1500):
Budget Authority.......................... 2 n.a.
Outlays................................... 1 n.a.
Revenues.................................. 27 19
Revised Aggregates:
Budget Authority.......................... 3,712,350 n.a.
Outlays................................... 3,677,941 n.a.
Revenues.................................. 2,740,560 34,847,534
------------------------------------------------------------------------
n.a. = Not applicable because annual appropriations for fiscal years
2021 through 2029 will not be considered until future sessions of
Congress.
TABLE 2--REVISED ALLOCATION OF SPENDING AUTHORITY TO THE HOUSE COMMITTEE
ON FINANCIAL SERVICES
[In millions of dollars]
------------------------------------------------------------------------
2020 2020-2029
------------------------------------------------------------------------
Current Allocation:
BA........................................ 8,900 101,712
OT........................................ 1,250 1,428
Revision for H.R. 1500:
BA........................................ 2 20
OT........................................ 1 19
Revised Allocation:
BA........................................ 8,902 101,732
OT........................................ 1,251 1,447
------------------------------------------------------------------------
____________________