[Congressional Record (Bound Edition), Volume 152 (2006), Part 7]
[Senate]
[Pages 8803-8804]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       BUDGET SCOREKEEPING REPORT

  Mr. GREGG. Madam 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 2006 
budget through May 17, 2006. The estimates of budget authority, 
outlays, and revenues are consistent with the technical and economic 
assumptions of the 2006 concurrent resolution on the budget, H. Con. 
Res. 95. Pursuant to section 402 of that resolution, provisions 
designated as emergency requirements are exempt from enforcement of the 
budget resolution. As a result, the attached report excludes these 
amounts.
  The estimates show that current level spending is under the budget 
resolution by $11.785 billion in budget authority and by $4.226 billion 
in outlays in 2006. Current level for revenues is $6.531 billion above 
the budget resolution in 2006.
  Since my last report dated April 6, 2006, Congress has cleared and 
the President has signed the Tax Increase Prevention and Reconciliation 
Act of 2005, Public Law 109-222, which reduced 2006 revenues.
  I ask unanimous consent that the accompanying letter and material 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, May 18, 2006.
     Hon. Judd Gregg,
     Chairman, Committee on the Budget, U.S. Senate, Washington, 
         DC.
       Dear Mr. Chairman: The enclosed tables show the effects of 
     Congressional action on the 2006 budget and are current 
     through May 17, 2006. 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 
     for fiscal year 2006 that underlie H. Con. Res. 95, the 
     Concurrent Resolution on the Budget for Fiscal Year 2006. 
     Pursuant to section 402 of that resolution, provisions 
     designated as emergency requirements are exempt from 
     enforcement of the budget resolution. As a result, the 
     enclosed current level report excludes these amounts (see 
     footnote 2 on Table 2).
       Since my last letter dated April 5, 2006, Congress has 
     cleared and the President has signed the Tax Increase 
     Prevention and Reconciliation Act of 2005 (P.L. 109-222), 
     which reduces 2006 revenues by an estimated $10.8 billion.
           Sincerely,
                                                 Donald B. Marron,
                                                  Acting Director.
       Enclosure.


[[Page 8804]]



   TABLE 1.--SENATE CURRENT-LEVEL REPORT FOR SPENDING AND REVENUES FOR
                  FISCAL YEAR 2006, AS OF MAY 17, 2006
                        [In billions of dollars]
------------------------------------------------------------------------
                                                               Current
                                     Budget       Current    Level Over/
                                 Resolution\1\    Level\2\    Under (-)
                                                              Resolution
------------------------------------------------------------------------
On-Budget
    Budget Authority...........       2,094.4       2,082.6        -11.8
    Outlays....................       2,099.0       2,094.8         -4.2
    Revenues...................       1,589.9       1,596.4          6.5
Off-Budget
    Social Security Outlays\3\.         416.0         416.0            0
    Social Security Revenues...         604.8         604.8            *
------------------------------------------------------------------------
\1\H. Con. Res. 95, the Concurrent Resolution on the Budget for Fiscal
  Year 2006, assumed $50.0 billion in budget authority and $62.4 billion
  in outlays in fiscal year 2006 from emergency supplemental
  appropriations. Such emergency amounts are exempt from the enforcement
  ofthe budget resolution. Since current-level totals exclude the
  emergency requirements enacted in the previous session and the
  emergency requirements in Public Law 109-176 and Public Law 109-208
  (see footnote 2 on Table 2), the budget authority and outlay totals
  specified in the budget resolution have also been reduced (by the
  amounts assumed for emergency supplemental appropriations) for
  purposes of comparison.
\2\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.
\3\Excludes administrative expenses of the Social Security
  Administration, which are also off-budget, but are appropriated
  annually.
 
Source: Congressional Budget Office.
Note: * = Less than $50 million.


 TABLE 2.--SUPPORTING DETAIL FOR THE SENATE CURRENT-LEVEL REPORT FOR ON-
  BUDGET SPENDING AND REVENUES FOR FISCAL YEAR 2006, AS OF MAY 17, 2006
                        [In millions of dollars]
------------------------------------------------------------------------
                                      Budget
                                    Authority     Outlays      Revenues
------------------------------------------------------------------------
Enacted in Previous Sessions:
    Revenues.....................            *            *    1,607,180
    Permanents and other spending    1,296,134    1,248,957            *
     legislation\1\..............
    Appropriation legislation....    1,333,823    1,323,802            *
    Offsetting receipts..........     -479,868     -479,868            *
                                  --------------------------------------
      Total, enacted in previous     2,150,089    2,092,891    1,607,180
       sessions..................
Enacted This Session:
    Katrina Emergency Assistance           250          250            0
     Act of 2005 (P.L. 109-176)..
    An act to make available             1,000          750            0
     funds included in the
     Deficit Reduction Act for
     the Low-income Energy
     Assistance Program for 2006
     (P.L. 109-204)..............
    Tax Increase Prevention and              0            0      -10,757
     Reconciliation Act of 2005
     (P.L. 109-222)..............
                                  --------------------------------------
      Total, enacted this session        1,250        1,000      -10,757
Entitlements and mandatories:
    Difference between enacted         -68,740          879            *
     levels and budget resolution
     estimates for appropriated
     entitlements and other
     mandatory programs..........
Total Current Level1234..........    2,082,599    2,094,770    1,596,423
Total Budget Resolution..........    2,144,384    2,161,420    1,589,892
    Adjustment to budget               -50,000      -62,424            *
     resolution for emergency
     requirements\4\.............
Adjusted Budget Resolution.......    2,094,384    2,098,996            *
Current Level Over Adjusted                  *            *       6,531*
 Budget Resolution...............
Current Level Under Adjusted            11,785        4,226  ...........
 Budget Resolution...............
------------------------------------------------------------------------
\1\P.L. 109-171 was enacted early in this session of Congress, but is
  shown under ``enacted in previous sessions'' as requested by the
  Budget Committee. Included in current level for P.L. 109-171 are $980
  million in budget authority and -$4,847 million in outlays.
\2\Pursuant to section 402 of H. Con. Res. 95, the Concurrent Resolution
  on the Budget for Fiscal Year 2006, provisions designated as emergency
  requirements are exempt from enforcement of the budget resolution. As
  a result, the current-level totals exclude the following amounts:
 
Source: Congressional Budget Office.
Notes: * = not applicable; P.L. = Public Law.



------------------------------------------------------------------------
                                      Budget
                                    Authority     Outlays      Revenues
------------------------------------------------------------------------
Emergency requirements enacted in       74,981      112,423       -7,111
 previous session................
Katrina Emergency Assistance Act          -250            0            0
 of 2006 (P.L. 109-176)..........
National Flood Insurance Enhanced        2,275        2,275            0
 Borrowing Authority Act of 2006
 (P.L. 109-208)..................
                                  --------------------------------------
    Total, enacted emergency            77,006      114,698       -7,111
     requirements................
------------------------------------------------------------------------
\3\Excludes administrative expenses of the Social Security
  Administration, which are off-budget.
\4\H. Con. Res. 95, the Concurrent Resolution on the Budget for Fiscal
  Year 2006, assumed $50,000 million in budget authority and $62,424
  million in outlays in fiscal year 2006 from emergency supplemental
  appropriations. Such emergency amounts are exempt from the enforcement
  of the budget resolution. Since current-level totals exclude the
  emergency requirements enacted in the previous session and the
  emergency requirements in Public Law 109-176 and Public Law 109-208
  (see footnote 2 above), the budget authority and outlay totals
  specified in the budget resolution have also been reduced (by the
  amounts assumed for emergency supplemental appropriations) for
  purposes of comparison.


  

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