[Congressional Record Volume 168, Number 25 (Tuesday, February 8, 2022)]
[Senate]
[Page S570]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          BUDGETARY REVISIONS

  Mr. SANDERS. Mr. President, S. Con. Res. 14, the fiscal year 2022 
congressional budget resolution, included authority in section 4009 to 
allow the chairman of the Committee on the Budget to adjust budget 
aggregates and committee allocations after the enactment of bipartisan 
infrastructure legislation. Similarly, the reserve fund in section 3003 
allows the chairman to revise these levels as well as make adjustments 
to the pay-as-you-go ledger for legislation that would not increase the 
deficit over the period of 2022 to 2031.
  H.R. 3684, the Infrastructure Investment and Jobs Act was enacted on 
November 15, 2021, meets the conditions of being bipartisan 
infrastructure legislation. As a result, I am revising the budget 
spending aggregates and the allocation to the Committee on 
Appropriations by $3,230 million in outlays resulting from the increase 
in contract authority included in that bill.
  Furthermore, the combined budgetary impact of the direct spending and 
revenue provisions in that bill reduce the deficit over 10 years. The 
Congressional Budget Office estimates that H.R. 3684 will decrease 
nonemergency mandatory outlays by $3.7 billion in 2022 and by almost 
$90 billion over the period 2022 through 2031. Revenues will increase 
by more than $8 billion in 2022 and more than $50 billion over the 
period 2022 through 2031. As such, I am revising the spending and 
revenue aggregates and the allocation to the Committee on Environment 
and Public Works by the relevant amounts. I am also revising the Senate 
pay-as-you-go scorecard. The Infrastructure Investment and Jobs Act 
also increased discretionary spending; that spending is designated as 
an emergency and is therefore excluded from enforceable budgetary 
spending levels and committee allocations.
  Finally, section 4004 of the budget resolution allows the chairman to 
adjust budgetary levels for legislation containing disaster relief 
funding. I am increasing the outlay allocation to the Committee on 
Appropriations by $89 million as a result of passage of H.R. 5305, the 
Extending Government Funding and Delivering Emergency Assistance Act, 
which was enacted on September 30, 2021.
  I ask unanimous consent that the accompanying tables, which provide 
details about the adjustment, be printed in the Record.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:

                 PAY-AS-YOU-GO SCORECARD FOR THE SENATE
 [Revisions Pursuant to Section 3003 of S. Con. Res. 14, the Concurrent
             Resolution on the Budget for Fiscal Year 2022]
                             [$ in billions]
------------------------------------------------------------------------
                                                               Balances
------------------------------------------------------------------------
Current Balances:
    Fiscal Year 2022.......................................        7.144
    Fiscal Years 2022-2026.................................        7.079
    Fiscal Years 2022-2031.................................            0
Revisions:
    Fiscal Year 2022.......................................      -15.506
    Fiscal Years 2022-2026.................................      -82.969
    Fiscal Years 2022-2031.................................     -138.704
Revised Balances:
    Fiscal Year 2022.......................................       -8.362
    Fiscal Years 2022-2026.................................      -75.890
    Fiscal Years 2022-2031.................................     -138.704
------------------------------------------------------------------------
Note: Adjustment reflects the direct spending and revenue implications
  of H.R. 3684, the Infrastructure Investment and Jobs Act. Pursuant to
  section 3110 of S. Con. Res. 11 (114th Congress), the FY 2016 budget
  resolution, the adjustment excludes $21 billion over ten years of
  increased enterprise guarantee fees.


      REVISIONS TO BUDGET AGGREGATES--BUDGET AUTHORITY AND OUTLAYS
          (Pursuant to Sections 4004 & 4009 of S. Con. Res. 14)
                             ($ in billions)
------------------------------------------------------------------------
                                                                 2022
------------------------------------------------------------------------
Current Spending Aggregates:
    Budget Authority.......................................    4,145.465
    Outlays................................................    4,504.246
Adjustment:
    Budget Authority.......................................       -2.226
    Outlays................................................       -3.692
Revised Aggregates:
    Budget Authority.......................................    4,143.239
    Outlays................................................    4,500.554
------------------------------------------------------------------------
Note: The adjustment represents an adjustment pursuant to Sec. 4009 of
  S. Con. Res 14 for a bipartisan infrastructure agreement that reduced
  direct spending budget authority and outlays but increased
  discretionary outlays, as well as an adjustment pursuant to Sec. 4004
  for additional disaster-related outlays from H.R. 5305. Pursuant to
  section 3110 of S. Con Res. 11 (114th Congress), the FY 2016 budget
  resolution, the adjustment excludes $2.9 billion of increased
  enterprise guarantee fees.


                 REVISIONS TO BUDGET REVENUE AGGREGATES
  (Pursuant to Sections 3003 & 4009 of S. Con. Res. 14, the Concurrent
             Resolution on the Budget for Fiscal Year 2022)
                             ($ in billions)
------------------------------------------------------------------------
                                       2022      2022-2026    2026-2031
------------------------------------------------------------------------
Current Revenue Aggregates.......    3,401.380   17,795.693   38,957.446
Adjustments......................        8.495       21.319       50.085
Revised Revenue Aggregates.......    3,409.875   17,817.012   39,007.531
------------------------------------------------------------------------
Note: Adjustment includes additional revenue enacted in H.R. 3684, the
  Infrastructure Investment and Jobs Act.


              REVISIONS TO ALLOCATION TO SENATE COMMITTEES
  (Pursuant to Sections 3003 & 4009 of S. Con. Res. 14, the Concurrent
             Resolution on the Budget for Fiscal Year 2022)
                             ($ in billions)
------------------------------------------------------------------------
                                       2022      2022-2026    2026-2031
------------------------------------------------------------------------
Environment and Public Works:
    Budget Authority.............       48.743      243.930      492.473
    Outlays......................       14.326       39.006       63.219
Revisions
    Budget Authority.............       -2.226       14.580       72.681
    Outlays......................       -7.011      -61.650      -88.619
Revised Environment & Public
 Works:
    Budget Authority.............       46.517      258.510      565.154
    Outlays......................        7.315      -22.644      -25.400
------------------------------------------------------------------------
Note: Adjustment includes additional direct spending budget authority
  and net outlay reductions enacted in H.R. 3684, the Infrastructure
  Investment and Jobs Act. Pursuant to section 3110 of S. Con. Res. 11
  (114th Congress), the FY 2016 budget resolution, the adjustment
  excludes $21 billion over ten years of increased enterprise guarantee
  fees.


 REVISIONS TO THE OUTLAY ALLOCATIONS TO THE COMMITTEE ON APPROPRIATIONS
                          FOR FISCAL YEAR 2022
          (Pursuant to Sections 4004 & 4009 of S. Con. Res 14)
                             ($ in billions)
------------------------------------------------------------------------
                                     Current                   Revised
                                    Allocation  Adjustments   Allocation
------------------------------------------------------------------------
General Purpose Discretionary        1,676.447        3.319    1,679.766
 Outlays.........................
------------------------------------------------------------------------
Note: The adjustment for outlays represents an adjustment pursuant to
  Sec. 4009 of S. Con. Res. 14 for a bipartisan infrastructure agreement
  for $3,230 million of additional outlays from the increased level of
  contract authority in H.R. 3684 and an adjustment pursuant to Sec.
  4004 for $89 million of additional disaster-related outlays from H.R.
  5305.

  

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