[Congressional Record Volume 167, Number 49 (Tuesday, March 16, 2021)]
[Senate]
[Pages S1566-S1568]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BUDGETARY REVISIONS
Mr. SANDERS. Mr. President, section 3001 of S. Con. Res. 5, the
fiscal year 2021 congressional budget resolution, allows the chairman
of the Senate Budget Committee to revise the allocations, aggregates,
and levels in the budget resolution for legislation considered under
the resolution's reconciliation instructions.
I find that H.R. 1319, the American Rescue Plan Act of 2021, as
passed by the Senate, meets the conditions found in section 3001 of S.
Con. Res. 5. Accordingly, I am revising the allocations for the
reconciled committees and other enforceable budgetary levels to account
for the budgetary effects of the bill. This adjustment reflects the
estimate of the bill provided by the Congressional Budget Office on
March 10, 2021.
This adjustment supersedes the adjustments I previously made for the
processing of S. Amdts. 891 and 1378 to H.R. 1319 on March 5, 2021.
I ask unanimous consent that the accompanying tables, which provide
details about the adjustments, be printed in the Record.
There being no objection, the material was ordered to be printed in
the Record, as follows:
BUDGET AGGREGATES--BUDGET AUTHORITY AND OUTLAYS
[Pursuant to Section 311 of the Congressional Budget Act of 1974 and
Section 3001 of S. Con. Res. 5, the Concurrent Resolution on the Budget
for Fiscal Year 2021]
[$ in billions]
------------------------------------------------------------------------
2021
------------------------------------------------------------------------
Current Aggregates:
Spending:
Budget Authority................................. 5,868.572
Outlays.......................................... 5,998.437
Adjustment:
Budget Authority................................. -82.275
Outlays.......................................... -150.829
Revised Aggregates:
Budget Authority................................. 5,786.297
Outlays.......................................... 5,847.608
------------------------------------------------------------------------
Note: The adjustment for budget authority and outlays represents the
difference between 2021 amounts assumed in the budget resolution for
fiscal year 2021 and amounts included in H.R. 1319, as passed by the
Senate.
[Pursuant to Section 311 of the Congressional Budget Act of 1974 and Section 3001 of S. Con. Res. 5, the
Concurrent Resolution on the Budget for Fiscal Year 2021]
[$ in billions]
----------------------------------------------------------------------------------------------------------------
2021 2021-2025 2021-2030
----------------------------------------------------------------------------------------------------------------
Current Aggregates:
Revenue............................................ 2,523.057 15,314.642 35,075.136
Adjustment:
Revenue............................................ -59.847 -87.702 -27.320
Revised Aggregates:
Revenue............................................ 2,463.210 15,226.940 35,047.816
----------------------------------------------------------------------------------------------------------------
Note: The adjustment for revenues represents the difference between revenues assumed in the budget resolution
for budget reconciliation and the revenue impact of H.R. 1319, as passed by the Senate. The total reduction in
on-budget revenues resulting from H.R. 1319, as passed by the Senate, is $75.517 billion in 2021, $120.218
billion over five years, and $59.912 billion over ten years.
REVISION TO ALLOCATION TO SENATE COMMITTEES
[Pursuant to Section 302 of the Congressional Budget Act of 1974 and Section 3001 of S. Con. Res. 5, The
Concurrent Resolution on the Budget for Fiscal Year 2021]
[$ in billions]
----------------------------------------------------------------------------------------------------------------
2021 2021-2025 2021-2030
----------------------------------------------------------------------------------------------------------------
Current Allocation:
Agriculture, Nutrition, and Forestry:
Budget Authority................................... 240.315 831.870 1,562.654
Outlays............................................ 202.027 733.208 1,388.412
Adjustments:
Budget Authority................................... 22.602 22.712 22.712
Outlays............................................ 18.823 22.548 22.712
Revised Allocation:
Budget Authority................................... 262.917 854.582 1,585.366
[[Page S1567]]
Outlays............................................ 220.850 755.756 1,411.124
Current Allocation:
Banking, Housing, and Urban Affairs:
Budget Authority................................... -463.909 -378.485 -269.169
Outlays............................................ -10.918 3.158 6.455
Adjustments:
Budget Authority................................... 92.231 92.231 92.231
Outlays............................................ 32.544 87.170 88.820
Revised Allocation:
Budget Authority................................... -371.678 -286.254 -176.938
Outlays............................................ 21.626 90.328 95.275
Current Allocation:
Commerce, Science, and Transportation:
Budget Authority................................... 345.609 417.066 507.766
Outlays............................................ 314.473 381.777 449.022
Adjustments:
Budget Authority................................... 35.882 35.762 36.162
Outlays............................................ 22.427 35.696 35.155
Revised Allocation:
Budget Authority................................... 381.491 452.828 542.928
Outlays............................................ 336.900 417.473 484.177
Current Allocation:
Environment and Public Works:
Budget Authority................................... 68.678 264.412 510.612
Outlays............................................ 21.964 34.852 55.646
Adjustments:
Budget Authority................................... 3.205 3.205 3.205
Outlays............................................ 0.812 3.005 3.205
Revised Allocation:
Budget Authority................................... 71.883 267.617 513.817
Outlays............................................ 22.776 37.857 58.851
Finance:
Budget Authority................................... 2,993.294 14,655.178 34,329.717
Outlays............................................ 2,980.805 14,587.196 34,246.494
Adjustments:
Budget Authority................................... 986.027 1,221.714 1,224.539
Outlays............................................ 898.024 1,217.884 1,213.532
Revised Allocation:
Budget Authority................................... 3,979.321 15,876.892 35,554.256
Outlays............................................ 3,878.829 15,805.080 35,460.026
Current Allocation:
Foreign Relations:
Budget Authority................................... 51.566 229.018 447.704
Outlays............................................ 41,156 215.099 433.745
Adjustments:
Budget Authority................................... 10.000 10.000 10.000
Outlays............................................ 1.159 9.248 9.526
Revised Allocation:
Budget Authority................................... 61.566 239.018 457.704
Outlays............................................ 42.315 224.347 443.271
Current Allocation:
Health, Education, Labor, and Pensions:
Budget Authority................................... 17.289 132.371 268.697
Outlays............................................ 27.594 121.193 244.258
Adjustments:
Budget Authority................................... 304.708 304.695 304.614
Outlays............................................ 40.725 287.224 303.942
Revised Allocation:
Budget Authority................................... 321.997 437.066 573.311
Outlays............................................ 68.319 408.417 548.200
Current Allocation:
Homeland Security and Governmental Affairs:
Budget Authority................................... 155.755 816.524 1,737.240
Outlays............................................ 154.534 809.992 1,720.393
Adjustments:
Budget Authority................................... 53.647 53.689 53.713
Outlays............................................ 12.558 42.248 50.542
Revised Allocation:
Budget Authority................................... 209.402 870.213 1,790.953
Outlays............................................ 167.092 852.240 1,770.935
Current Allocation:
Indian Affairs:
Budget Authority................................... 0.873 2.868 5.004
Outlays............................................ 0.968 3.180 4.987
Adjustments:
Budget Authority................................... 8.804 8.804 8.804
Outlays............................................ 1.976 8.186 8.579
Revised Allocation:
Budget Authority................................... 9.677 11.672 13.808
Outlays............................................ 2.944 11.366 13.566
Current Allocation:
Small Business and Entrepreneurship:
Budget Authority................................... -144.559 -144.559 -144.559
Outlays............................................ 1.941 2.146 2.146
Adjustments:
Budget Authority................................... 53.600 53.600 53.600
Outlays............................................ 48.550 49.940 49.940
Revised Allocation:
Budget Authority................................... -90.959 -90.959 -90.959
Outlays............................................ 50.491 52.086 52.086
Current Allocation:
Veterans' Affairs
Budget Authority................................... 135.958 726.288 1,581.379
Outlays............................................ 136.349 727.702 1,583.336
Adjustments:
Budget Authority................................... 17.080 17.080 17.080
Outlays............................................ 10.510 16.642 16.668
Revised Allocation:
Budget Authority................................... 153.038 743.368 1,598.459
Outlays............................................ 146.859 744.344 1,819.031
Current Allocation:
Unassigned:
Budget Authority................................... 662.249 -4,019.387 -11,161.327
Outlays............................................ 189.750 -4.045.408 -11,073.561
Adjustments:
Budget Authority................................... -82.275 -2.286 -30.469
Outlays............................................ -150.829 -9.932 -53.598
Revised Allocation:
Budget Authority................................... 579.974 -4,021.673 -11,191.796
[[Page S1568]]
Outlays............................................ 38.921 -4,055.340 -11,127.159
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Note: The total adjustment amount for reconciled committees is $1,825.660 billion in budget authority and
$1,802.621 billion in outlays over ten years.
PAY-AS-YOU-GO SCORECARD FOR THE SENATE
[Pursuant to Section 4106 of H. Con. Res. 71, the Concurrent Resolution
on the Budget for Fiscal Year 2018]
[$ in billions]
------------------------------------------------------------------------
Balances
------------------------------------------------------------------------
Starting Balance:
Fiscal Year 2021................................. 0
Fiscal Years 2021-2025........................... 0
Fiscal Years 2021-2030........................... 0
Adjustments:
Fiscal Year 2021................................. 1,163.625
Fiscal Years 2021-2025........................... 1,900.009
Fiscal Years 2021-2030........................... 1,862.533
Revised Balance:
Fiscal Year 2021................................. 1,163.625
Fiscal Years 2021-2025........................... 1,900.009
Fiscal Years 2021-2030........................... 1,862.533
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