[Congressional Record Volume 169, Number 206 (Thursday, December 14, 2023)]
[Senate]
[Pages S5992-S5994]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BUDGET SCOREKEEPING REPORT
Mr. WHITEHOUSE. Mr. President, I submit to the Senate a budget
scorekeeping report. The report, which covers fiscal year 2024, was
prepared by the Congressional Budget Office pursuant to section 308(b)
of the Congressional Budget Act of 1974. This information enables the
Senate Budget Committee to determine if budgetary points of order lie
against pending legislation.
CBO's report shows the effect on spending and revenues of
congressional action through December 10, 2023, as compared to the
levels that I filed on June 21 as authorized by section 121 of the
Fiscal Responsibility Act of 2023, or FRA. Since then, Congress has
passed six pieces of legislation with small effects on direct spending.
These include two continuing resolutions that were eligible for
adjustments to enforceable levels as permitted under the FRA.
Tables 1 and 2 show that current budgetary levels are above allowable
amounts for budget authority and within allowable amounts for outlays.
The government is currently operating under a bipartisan short-term
continuing resolution that extends the previous year's discretionary
funding levels through early 2024. The budget authority level shown in
the tables is artificially high because it reflects CBO's estimate of
the continuing resolution, which for technical reasons is higher than
the statutory limits. Enactment of full-year appropriations for fiscal
year 2024 consistent with budget agreement surrounding the FRA would
bring total budget authority in line with the allowable limits. These
tables also reflect that there has been no change to Social Security.
Table 3 shows the Senate's pay-as-you-go-scorecard, which reflects
$44 million of net deficit reduction over 10 years.
The Democratic staff of the Budget Committee prepared an addendum
table to supplement CBO's report, which compares the mandatory spending
of each authorizing committee against the enforceable allocations under
section 302 of the Congressional Budget Act. It shows that 15 of the 16
authorizing committees are complying with their allocations, either
because no legislation with significant budgetary costs was enacted,
the legislation was deficit-neutral and qualified for an allocation
adjustment that was subsequently filed, or the legislation reduced
spending.
I ask unanimous consent that CBO's letter, accompanying tables, and
the addendum be printed in the Record.
There being no objection, the material was ordered to be printed in
the Record, as follows:
U.S. Congress,
Congressional Budget Office,
Washington, DC, December 13, 2023.
Hon. Sheldon Whitehouse,
Chairman, Committee on the Budget,
U.S. Senate, Washington, DC.
Dear Mr. Chairman: The enclosed report shows the effects of
Congressional action on the fiscal year 2024 budget and is
current through December 10, 2023. This report is submitted
under section 308(b) and in aid of section 311 of the
Congressional Budget Act, as amended.
The estimates of budget authority, outlays, and revenues
are consistent with the allocations, aggregates, and other
budgetary levels printed in the Congressional Record on
November 29, 2023, pursuant to section 121 of the Fiscal
Responsibility Act of 2023 (FRA, Public Law 118-5).
Since the enactment of the FRA, the Congress has cleared
the following legislation that has significant effects on
budget authority, outlays, or revenues in fiscal year 2024:
Continuing Appropriations Act, 2024 and Other Extensions
Act (Public Law 118-15);
Further Continuing Appropriations and Other Extensions Act,
2024 (Public Law 118-22); and
A joint resolution providing for Congressional disapproval
under chapter 8 of title 5, United States Code, of the rule
submitted by the Bureau of Consumer Financial Protection
relating to ``Small Business Lending Under the Equal Credit
Opportunity Act (Regulation B)'' (S.J. Res 32).
This is the first current level letter for fiscal year
2024.
Sincerely,
Phillip L. Swagel,
Director.
Enclosure.
TABLE 1.--SENATE CURRENT LEVEL REPORT FOR SPENDING AND REVENUES FOR
FISCAL YEAR 2024, AS OF DECEMBER 10, 2023
[In billions of dollars]
------------------------------------------------------------------------
Current
Budget Current Level Over/
Resolution Level Under (-)
Resolution
------------------------------------------------------------------------
On-Budget:
Budget Authority............. 4,958.7 4,982.4 23.7
Outlays...................... 5,082.5 5,039.2 -43.3
Revenues..................... 3,651.8 3,651.8 0.0
Off-Budget:
Social Security Outlays...... 1,322.7 1,322.7 0.0
Social Security Revenues..... 1,195.5 1,195.5 0.0
------------------------------------------------------------------------
Source: Congressional Budget Office.
TABLE 2.--SUPPORTING DETAIL FOR THE SENATE CURRENT LEVEL REPORT FOR ON-BUDGET SPENDING AND REVENUES FOR FISCAL
YEAR 2024, AS OF DECEMBER 10, 2023
[In millions of dollars]
----------------------------------------------------------------------------------------------------------------
Budget
Authority Outlays Revenues
----------------------------------------------------------------------------------------------------------------
Previously Enacted:
Revenues................................................. n.a. n.a. 3,651,961
Permanents and Other Spending Legislation................ 3,246,128 3,218,288 n.a.
Prior-Year Outlays....................................... 0 815,333 n.a.
Fiscal Responsibility Act of 2023 (P.L. 118-5)........... 200 -1,903 -123
Offsetting Receipts...................................... -1,262,969 -1,262,967 n.a.
--------------------------------------------------
Total, Previously Enacted............................ 1,983,359 2,768,751 3,651,838
Enacted Legislation: a
Authorizing Legislation
Continuing Appropriations Act, 2024 and Other 642 257 n.a.
Extensions Act (P.L. 118-15)........................
Further Continuing Appropriations and Other 1,589 954 n.a.
Extensions Act, 2024 (P.L. 118-22)..................
--------------------------------------------------
Subtotal, Authorizing Legislation................ 2,231 1,211 n.a.
Appropriation Legislation:
Continuing Appropriations Act, 2024 and Other 16,000 979 n.a.
Extensions Act (P.L. 118-15)........................
Passed, Pending Signature:
S.J. Res. 32--A joint resolution providing for -2 -2 n.a.
congressional disapproval under chapter 8 of title
5, United States Code, of the rule submitted by the
Bureau of Consumer Financial Protection relating to
``Small Business Lending Under the Equal Credit
Opportunity Act (Regulation B)''....................
Continuing Resolution:
Further Continuing Appropriations and Other 1,509,524 825,583 n.a.
Extensions Act, 2024 (P.L. 118-22)..................
Entitlements and Mandatories................................. 1,471,281 1,442,644 n.a.
[[Page S5993]]
Total Current Level...................................... 4,982,393 5,039,166 3,651,838
Total Senate Resolution b................................ 4,958,655 5,082,455 3,651,838
--------------------------------------------------
Current Level Over Senate Resolution..................... 23,738 n.a. n.a.
Current Level Under Senate Resolution.................... n.a. 43,289 n.a.
Memorandum:
Revenues, 2024-2033
Senate Current Level..................................... n.a. n.a. 45,331,678
Senate Resolution........................................ n.a. n.a. 45,331,678
--------------------------------------------------
Current Level Over Senate Resolution..................... n.a. n.a. n.a.
Current Level Under Senate Resolution.................... n.a. n.a. n.a.
----------------------------------------------------------------------------------------------------------------
Source: Congressional Budget Office.
n.a. = not applicable; P.L. = public law.
For purposes of enforcing section 311 of the Congressional Budget Act of 1974 (P.L. 93-344) in the Senate, the
aggregate spending and revenue levels for 2024 published in the Congressional Record on June 21, 2023, by the
Chairman of the Senate Committee on the Budget pursuant to section 121 of the Fiscal Responsibility Act of
2023 (FRA, P.L. 118-5) do not include budget authority, outlays, or revenues for off-budget amounts. As a
result, amounts in this current-level report do not include those items.
In keeping with the 21st Century Cures Act (P.L. 114-255), certain funding for the Department of Health and
Human Services is excluded from estimates for the purposes of both the Budget Act and the Balanced Budget and
Emergency Deficit Control Act of 1985 (BBEDCA P.L. 99-177), as amended. As a result, this report excludes $457
million in budget authority and $770 million in outlays. Similarly, in keeping with section 14003 of the
Coronavirus Aid, Relief, and Economic Security Act (P.L. 116-136, as modified by section 101 of division AA of
the Consolidated Appropriations Act, 2021 (P.L. 116260)), certain funding provided to the Army Corps of
Engineers is excluded from estimates for the purposes of both the Budget Act and the Deficit Control Act. As a
result, this report excludes $2,374 million in budget authority and $2,374 million in outlays.
a Current-level amounts and allocations include budgetary effects designates as an emergency requirement in
keeping with section 251 of the Deficit Control Act. However, they exclude budgetary effects designated as an
emergency requirement pursuant to section 4001 of S. Con. Res. 14 (117th Congress), the concurrent resolution
on the budget for fiscal year 2022. In consultation with the Senate Committee on the Budget and in keeping
with section 103 of the FRA, current-level amounts and allocations also exclude amounts previously enacted and
designated as an emergency requirement for 2024 for allocation enforcement under the Budget Act. Those amounts
are as follows:
Budget
Authority Outlays Revenues
----------------------------------------------------------------------------------------------------------------
Authorizing Legislation:
Fiscal Responsibility Act of 2023 (P.L. 118-5)........... 0 -2,331 n.a.
Appropriation Legislation:
Congressional non-BBEDCA Emergencies..................... 70,983 2,798 n.a.
----------------------------------------------------------------------------------------------------------------
b Section 121 of the FRA requires the Chair of the Senate Committee on the Budget to publish the aggregate
spending and revenue levels for fiscal year 2024; those aggregate levels were first published in the
Congressional Record on June 21, 2023. The Chair of the Senate Committee on the Budget has the authority to
revise the budgetary aggregates for the budgetary effects of certain revenue and spending measures pursuant to
the Budget Act and the FRA:
Budget
Authority Outlays Revenues
----------------------------------------------------------------------------------------------------------------
Original Aggregates Printed on June 21, 2023:................ 4,878,570 5,056,741 3,651,838
Revisions:
Published in the Congressional Record on September 12, 61,854 23,541 n.a.
2023....................................................
Published in the Congressional Record on October 24, 2023 16,642 1,219 n.a.
Published in the Congressional Record on November 29, 1,589 954 n.a.
2023....................................................
--------------------------------------------------
Revised Senate Resolution.................................... 4,958,655 5,082,455 3,651,838
----------------------------------------------------------------------------------------------------------------
TABLE 3.--SUMMARY OF THE SENATE PAY-AS-YOU-GO SCORECARD AS OF DECEMBER
10, 2023
[In millions of dollars]
------------------------------------------------------------------------
2024 2024-2028 2024-2033
------------------------------------------------------------------------
Beginning Balance a ............. 0 0 0
Enacted Legislation b,c
Providing Accountability * * *
Through Transparency Act of
2023 (S. 111, P.L. 118-9)...
250th Anniversary of the 0 0 0
United States Marine Corps
Commemorative Coin Act (H.R.
1096, P.L. 118-10)..........
Continuing Appropriations * * *
Act, 2024 and Other
Extensions Act (H.R. 5860,
P.L. 118-15) d .............
An act to amend title 38, 0 1 -1
United States Code, to
extend and modify certain
authorities and requirements
relating to the Department
of Veterans Affairs, and for
other purposes (S. 2795,
P.L. 118-19)................
Further Continuing * * *
Appropriations and Other
Extensions Act, 2024 (H.R.
6363, P.L. 118-22) e .......
A joint resolution providing -2 -21 -43
for congressional
disapproval under chapter 8
of title 5, United States
Code, of the rule submitted
by the Bureau of Consumer
Financial Protection
relating to ``Small Business
Lending Under the Equal
Credit Opportunity Act
(Regulation B)''. (S.J.Res.
32).........................
--------------------------------------
-2 -20 -44
Impact on Deficit................ -2 -20 -44
Total Change in Outlays...... -2 -20 -44
Total Change in Revenues..... * * *
------------------------------------------------------------------------
Source: Congressional Budget Office.
P.L. = public law; * = between -$500,000 and $500,000
a. On June 21, 2023 the Chairman of the Senate Committee on the Budget
reset the Senate's Pay-As-You-Go Scorecard to zero for all fiscal
years.
b The amounts shown represent the estimated effect of the public laws on
the deficit.
c Excludes off-budget amounts.
d Section 2401(b) requires the budgetary effects of that division to be
excluded from the Senate's PAYGO scorecard; however, the revenue
effects from the immigration extensions included in division A are
included in the scorecard because division A does not fall within the
exclusion in section 2401 of division B.
e Section 701(b) requires the budgetary effects of that division to be
excluded from the Senate's PAYGO scorecard; however, the revenue
effects from the immigration extensions included in division A are
included in the scorecard because division A does not fall within the
exclusion in section 701 of division B.
ADDENDUM: SENATE AUTHORIZING COMMITTEE SPENDING COMPARED TO ALLOCATIONS
[$ in millions; positive numbers represent spending above enforceable
limits]
------------------------------------------------------------------------
2024 2024-2028 2024-2033
------------------------------------------------------------------------
Agriculture, Nutrition, and
Forestry:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Armed Services:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Banking, Housing, and Urban
Affairs:
Budget Authority............. -2 -21 -43
Outlays...................... -2 -21 -43
Commerce, Science, and
Transportation:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Energy and Natural Resources:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Environment and Public Works:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Finance:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Foreign Relations:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Health, Education, Labor, and
Pensions:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Homeland Security and
Governmental Affairs:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Indian Affairs:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Intelligence:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Judiciary:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Rules and Administration:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Small Business and
Entrepreneurship:
Budget Authority............. 0 0 0
Outlays...................... 0 0 0
Veterans' Affairs:
Budget Authority............. 0 1 -1
[[Page S5994]]
Outlays...................... 0 1 -1
Memo--all committees, total over
allocation:
Budget Authority............. -2 -20 -44
Outlays...................... -2 -20 -44
------------------------------------------------------------------------
____________________