[Congressional Record (Bound Edition), Volume 149 (2003), Part 15]
[Senate]
[Pages 20175-20176]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       BUDGET SCOREKEEPING REPORT

  Mr. NICKLES. Mr. President, I hereby submit to the Senate the budget 
scorekeeping report prepared by the Congressional Budget Office under 
Section 308(b) and in aid of Section 311 of the Congressional Budget 
Act of 1974, as amended. This report meets the requirements for Senate 
scorekeeping of Section 5 of S. Con. Res. 32, the First Concurrent 
Resolution on the Budget for 1986.
  This report shows the effects of congressional action on the 2004 
budget through July 28, 2003. The estimates of budget authority, 
outlays, and revenues are consistent with the technical and economic 
assumptions of the 2004 Concurrent Resolution on the Budget, H. Con. 
Res. 95, as adjusted.

[[Page 20176]]

  The estimates show that current level spending is above the budget 
resolution by $1.833 billion in budget authority and by $2.985 billion 
in outlays in 2003. Current level for revenues is $1 million below the 
budget resolution in 2003.
  Since my last report, dated July 3, 2003, the Congress has cleared 
and the President has signed the following acts that changed budget 
authority, outlays, or revenues: the Veterans' Memorial Preservation 
and Recognition Act of 2003 (P.L. 108-29), the Welfare Reform Extension 
Act of 2003 (P.L. 108-40), and the Burmese Freedom and Democracy Act 
(P.L. 108-61).
  I ask unanimous consent to print a cover letter and attached tables 
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, July 29, 2003.
     Hon. Don Nickles,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The attached tables show the effect of 
     Congressional action on the 2003 budget and are current 
     through July 28, 2003. 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 technical and economic assumptions of 
     H. Con. Res. 95, the Concurrent Resolution on the Budget for 
     Fiscal Year 2004, as adjusted.
       Since my last report, dated June 2, 2003, the Congress has 
     cleared and the President has signed the following acts that 
     changed budget authority, outlays, or revenues: the Veterans' 
     Memorial Preservation and Recognition Act of 2003 (P.L. 108-
     29), the Welfare Reform Extension Act of 2003 (P.L. 108-40), 
     and the Burmese Freedom and Democracy Act (P.L. 108-61). The 
     effects of these new laws are identified in Table 2.
           Sincerely,
                                                Robert A. Sunshine
                              (for Douglas Holtz-Eakin, Director).
       Attachments.

   TABLE 1.--SENATE CURRENT-LEVEL REPORT FOR SPENDING AND REVENUES FOR
                  FISCAL YEAR 2003, AS OF JULY 28, 2003
                        [In billions of dollars]
------------------------------------------------------------------------
                                                               Current
                                      Budget      Current    level over/
                                    resolution    level\1\    under (-)
                                                              resolution
------------------------------------------------------------------------
On-Budget:
  Budget Authority...............      1,874.0      1,875.8          1.8
  Outlays........................      1,826.1      1,829.1          3.0
  Revenues.......................      1,310.3      1,310.3        (\2\)
Off-Budget:
  Social Security Outlays........        366.3        366.3            0
  Social Security Revenues.......        531.6        531.6           0
------------------------------------------------------------------------
\1\Current level is the estimated effect on revenue and spending of all
  legislation that the Congress has enacted or sent to the President for
  his approval. In addition, full-year funding estimates under current
  law are included for entitlement and mandatory programs requiring
  annual appropriations even if the appropriations have not been made.
\2\Less than $50 million.
 
Source: Congressional Budget Office.


 
 TABLE 2.--SUPPORTING DETAIL FOR THE SENATE CURRENT-LEVEL REPORT FOR ON-BUDGET SPENDING AND REVENUES FOR FISCAL
                                         YEAR 2003, AS OF JULY 28, 2003
                                            [In millions of dollars]
----------------------------------------------------------------------------------------------------------------
                                                                      Budget
                                                                     Authority        Outlays        Revenues
----------------------------------------------------------------------------------------------------------------
Enacted in previous sessions:
    Revenues....................................................            n.a.            n.a.       1,359,834
    Permanents and other spending legislation...................       1,013,810         977,842            n.a.
    Appropriation legislation...................................       1,133,856       1,160,341            n.a.
    Offsetting receipts.........................................        -369,104        -369,106            n.a.
                                                                 -----------------------------------------------
          Total, enacted in previous sessions...................       1,778,562       1,769,077       1,359,834
Enacted this session:
    Emergency Wartime Supplemental Appropriations Act, 2003               79,190          42,024               2
     (P.L. 108-11)..............................................
    Postal Civil Service Retirement System Funding Reform Act of           3,479           3,479               0
     2003 (P.L. 108-18).........................................
    Gila River Indian Community Judgment Fund Distribution Act                 1               1               0
     of 2003 (P.L. 108-22)......................................
    Unemployment Compensation Amendments of 2003 (P.L. 108-26)..           3,165           3,165               0
    Jobs and Growth Tax Relief Reconciliation Act of 2003 (P.L.           11,347          11,347         -49,489
     108-27)....................................................
    Veterans' Memorial Preservation and Recognition Act of 2003                0               0           (\2\)
     (P.L. 108-29)..............................................
    Welfare Reform Extension Act of 2003 (P.L. 108-40)..........              64              26               0
    Burmese Freedom and Democracy Act (P.L. 108-61).............               0               0              -1
                                                                 -----------------------------------------------
          Total.................................................          97,246          60,042         -49,488
Entitlements and mandatories: Difference between enacted levels                0               0            n.a.
 and budget resolution estimates for appropriated entitlements
 and other mandatory programs...................................
                                                                 ===============================================
Total Current Level\1\..........................................       1,875,808       1,829,119       1,310,346
Total Budget Resolution\1\......................................       1,873,975       1,826,134       1,310,347
Current Level Over Budget Resolution............................           1,833           2,985            n.a.
Current Level Under Budget Resolution...........................            n.a.            n.a.               1
----------------------------------------------------------------------------------------------------------------
\1\Excludes administrative expenses of the Social Security Administration, which are off-budget.
\2\Less than $500,000.
 
Source: Congressional Budget Office.
Note: n.a.=not applicable; P.L.=Public Law.



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