[Congressional Record (Bound Edition), Volume 153 (2007), Part 11]
[Senate]
[Pages 15800-15802]
[From the U.S. Government Publishing Office, www.gpo.gov]




                     BUDGET RESOLUTION ADJUSTMENTS

  Mr. CONRAD. Mr. President, section 207(f) of S. Con. Res. 21, the 
2008 Budget resolution, directs the chairman of the Senate Budget 
Committee to make appropriate adjustments in allocations, aggregates, 
discretionary spending limits, and other levels of new budget authority 
and outlays to reflect the difference between the budgetary impact of 
enacted legislation making supplemental appropriations for fiscal year 
2007 and the corresponding levels assumed in S. Con. Res. 21. On May 
25, the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and 
Iraq Accountability Appropriations Act, 2007, became Public Law 110-28.
  As enacted, the U.S. Troop Readiness, Veterans' Care, Katrina 
Recovery, and Iraq Accountability Appropriations Act, 2007, contains 
changes in new budget authority, outlays, revenues, and other levels 
that differ from those assumed in the 2008 budget resolution. In total, 
Public Law 110-28 contains approximately $4.2 billion less in budget 
authority both in fiscal year 2007 and over fiscal years 2007 through 
2012. It also contains $810 million less in outlays in fiscal year 2007 
and approximately $4 billion less in outlays over fiscal years 2007 
through 2012. In addition, it contains $54 million less in on-budget 
revenues over fiscal years 2007 through 2012 than was assumed in the 
2008 budget resolution.
  Most of the new budget authority and outlays contained in Public Law 
110-28 was designated as an emergency pursuant to section 204 of the 
2008 budget resolution. Those amounts are not counted for purposes of 
budget enforcement. As a result, the adjustments made for budget 
enforcement purposes differ from the total amount of the difference 
between Public Law 110-28 and the corresponding levels assumed in S. 
Con. Res. 21.
  For purposes of the allocation provided to the Senate Appropriations 
Committee pursuant to section 302 of the Congressional Budget Act and 
the discretionary spending limits provided pursuant to section 207(b) 
of the 2008 Budget Resolution, new budget authority is decreased by 
$188 million in fiscal year 2007 and new budget authority and outlays 
are increased by $1 million each in fiscal year 2008. Similar 
adjustments will be made for purposes of enforcing the 311 aggregates 
in the Senate for new budget authority and outlays in 2007 and 2008. 
The 311 aggregates additionally will be adjusted for differences in 
debt service resulting from Public Law 110-28 versus what was assumed 
in the 2008 budget resolution.
  For purposes of enforcing the 311 aggregates in the Senate, total on-
budget revenues are adjusted downward by $17 million in fiscal year 
2008 and by a total of $54 million over fiscal years 2008 through 2012, 
while off-budget Social Security revenues are adjusted upward by $17 
million in fiscal year 2008 and by a total of $54 million over fiscal 
years 2008 through 2012.
  Finally, I am making a clarifying and technical adjustment to the 
Senate Committee allocations provided pursuant to section 302 of the 
Congressional Budget Act and printed on pages 126 through 128 of House 
Report 110-153, the report accompanying S. Con. Res 21.
  I ask unanimous consent to have printed in the Record a set of tables 
which show the revised allocations, aggregates, and other levels for 
use in enforcing the 2008 budget resolution.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:


Concurrent Resolution on the Budget for Fiscal Year 2008--S. Con. Res. 
  21; Revisions to the Conference Agreement Pursuant to Section 207(f)

                        [In billions of dollars]

Section 101:
  (1)(A) Federal Revenues:
      FY 2007.................................................1,900.304
      FY 2008.................................................2,015.841
      FY 2009.................................................2,113.811
      FY 2010.................................................2,169.475
      FY 2011.................................................2,350.248
      FY 2012.................................................2,488.296
  (1)(B) Change in Federal Revenues:
      FY 2007....................................................-4.366
      FY 2008...................................................-34.955
      FY 2009.....................................................6.885
      FY 2010.....................................................5.754
      FY 2011...................................................-44.302
      FY 2012..................................................-108.800
  (2) New Budget Authority:
      FY 2007.................................................2,376.348
      FY 2008.................................................2,495.957
      FY 2009.................................................2,517.006
      FY 2010.................................................2,569.530
      FY 2011.................................................2,684.693
      FY 2012.................................................2,719.054
  (3) Budget Outlays:
      FY 2007.................................................2,299.749
      FY 2008.................................................2,468.215
      FY 2009.................................................2,565.589
      FY 2010.................................................2,599.173
      FY 2011.................................................2,691.657
      FY 2012.................................................2,703.260
  (4) Deficits:
      FY 2007...................................................399.409
      FY 2008...................................................452.374
      FY 2009...................................................451.778
      FY 2010...................................................429.698
      FY 2011...................................................341.409
      FY 2012...................................................214.964
  (5) Debt Subject to Limit:
      FY 2007.................................................8,931.441
      FY 2008.................................................9,501.905
      FY 2009................................................10,070.588
      FY 2010................................................10,618.023
      FY 2011................................................11,072.960
      FY 2012................................................11,414.285
  (6) Debt Held by the Public:
      FY 2007.................................................5,046.495
      FY 2008.................................................5,310.315
      FY 2009.................................................5,558.246
      FY 2010.................................................5,770.487
      FY 2011.................................................5,877.329
      FY 2012.................................................5,846.109
Section 102:
  (a) Social Security Revenues:
      FY 2007...................................................637.586
      FY 2008...................................................669.015
      FY 2009...................................................702.868
      FY 2010...................................................737.598
      FY 2011...................................................772.611
      FY 2012...................................................807.933
Section 103:
  (19) Net Interest (900):
    FY 2007:
      New budget authority......................................344.496

[[Page 15801]]

      Outlays...................................................344.496
    FY 2008:
      New budget authority......................................370.507
      Outlays...................................................370.507
    FY 2009:
      New budget authority......................................390.933
      Outlays...................................................390.933
    FY 2010:
      New budget authority......................................414.561
      Outlays...................................................414.561
    FY 2011:
      New budget authority......................................433.472
      Outlays...................................................433.472
    FY 2012:
      New budget authority......................................448.386
      Outlays...................................................448.386
  (19) Allowances (920):
    FY 2007:
      New budget authority........................................0.785
      Outlays.....................................................0.785
    FY 2008:
      New budget authority.......................................-6.394
      Outlays....................................................-2.164
    FY 2009:
      New budget authority.......................................-6.897
      Outlays....................................................-6.322
    FY 2010:
      New budget authority.......................................-7.193
      Outlays....................................................-6.987
    FY 2011: 
      New budget authority.......................................-7.298
      Outlays....................................................-7.184
    FY 2012: 
      New budget authority.......................................-7.430
      Outlays....................................................-7.314
  (21) Overseas Deployments and Other Activities (970):
    FY 2007:
      New budget authority......................................119.979
      Outlays....................................................31.125
    FY 2008:
      New budget authority......................................145.162
      Outlays...................................................113.829
    FY 2009:
      New budget authority.......................................50.000
      Outlays...................................................109.064
    FY 2010:
      New budget authority........................................0.000
      Outlays....................................................41.025
    FY 2011:
      New budget authority........................................0.000
      Outlays....................................................13.300
    FY 2012:
      New budget authority........................................0.000
      Outlays.....................................................4.423

  SENATE COMMITTEE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS PURSUANT TO SECTION 302 OF THE CONGRESSIONAL BUDGET
                                           ACT--BUDGET YEAR TOTAL 2007
                                            [In billions of dollars]
----------------------------------------------------------------------------------------------------------------
                                                                      Direct spending     Entitlements funded in
                                                                        legislation        annual appropriations
                                                                 ------------------------          acts
                            Committee                                                    -----------------------
                                                                    Budget      Outlays     Budget
                                                                   Authority               Authority    Outlays
----------------------------------------------------------------------------------------------------------------
Appropriations:
    General Purpose Discretionary...............................     950,316   1,029,465
Memo:
    off-budget..................................................       4,692       4,727
    on-budget...................................................     945,624   1,024,738
    Mandatory...................................................     551,939     535,718
                                                                 -----------------------------------------------
      Total.....................................................   1,502,255   1,565,183
Agriculture, Nutrition, and Forestry............................      14,284      14,056      69,157      53,045
Armed Services..................................................      98,717      98,252         102         112
Banking, Housing, and Urban Affairs.............................      11,641      -1,788           1           1
Commerce, Science, and Transportation...........................      16,278       8,257       1,060       1,026
Energy and Natural Resources....................................       5,016       5,484          54          59
Environment and Public Works....................................      42,426       1,687           0           0
Finance.........................................................   1,011,515   1,017,805     417,759     417,995
Foreign Relations...............................................      15,769      15,763         164         164
Homeland Security and Governmental Affairs......................     102,150      98,545      20,656      20,657
Judiciary.......................................................       6,811       6,945         617         611
Health, Education, Labor, and Pensions..........................      12,922      13,144       4,371       4,224
Rules and Administration........................................          67          39         121         121
Intelligence....................................................           0           0         256         256
Veterans' Affairs...............................................         304         354      37,621      37,447
Indian Affairs..................................................         451         448           0           0
Small Business..................................................         -78         -78           0           0
Unassigned to Committee.........................................    -580,291    -570,736           0           0
                                                                 -----------------------------------------------
      Total.....................................................   2,260,237   2,273,360     551,939     535,718
Appropriations:
    General Purpose Discretionary...............................     953,053   1,028,398
Memo:
    off-budget..................................................       4,850       4,859
    on-budget...................................................     948,203   1,023,539
    Mandatory...................................................     589.022     575.329
                                                                 -----------------------------------------------
      Total.....................................................   1,542,075   1,603,727
Agriculture, Nutrition, and Forestry............................      13,464      12,939      69,055      55,661
Armed Services..................................................     102,125     102,153         105         114
Banking, Housing, and Urban Affairs.............................      13,296      -1,878           1           1
Commerce, Science, and Transportation...........................      14,547       9,906       1,069       1,063
Energy and Natural Resources....................................       5,071       4,757          54          55
Environment and Public Works....................................      43,535       1,753           0           0
Finance.........................................................   1,078,809   1,079,815     450,848     450,814
Foreign Relations...............................................      14,688      14,690         159         159
Homeland Security and Governmental Affairs......................      87,956      85,389      20,869      20,869
Judiciary.......................................................       8,617       7,504         638         629
Health, Education, Labor, and Pensions..........................      10,608      10,024       4,451       4,346
Rules and Administration........................................          70         215         126         126
Intelligence....................................................           0           0         263         263
Veterans' Affairs...............................................       1,219       1,300      41,384      41,229
Indian Affairs..................................................         452         441           0           0
Small Business..................................................           0           0           0           0
Unassigned to Committee.........................................    -582,534    -574,753           0           0
                                                                 -----------------------------------------------
      Total.....................................................   2,353,998   2,357,982     589,022     575,329
Agriculture, Nutrition, and Forestry............................      67,878      65,557     353,820     292,096
Armed Services..................................................     546,992     546,679         268         325
Banking, Housing, and Urban Affairs.............................      64,093     -18,543           5           5
Commerce, Science, and Transportation...........................      75,198      48,684       5,878       5,855
Energy and Natural Resources....................................      25,838      24,730         264         265
Environment and Public Works....................................     181,487       9,668           0           0
Finance.........................................................   6,017,388   6,021,713   2,587,343   2,587,228
Foreign Relations...............................................      69,077      65,798         698         698
Homeland Security and Governmental Affairs......................     483,868     470,496     107,903     107,903
Judiciary.......................................................      37,630      37,363       3,281       3,257
Health, Education, Labor, and Pensions..........................      56,565      54,185      23,399      22,836
Rules and Administration........................................         343         532         683         683
Intelligence....................................................           0           0       1,415       1,415
Veterans' Affairs...............................................       5,900       6,449     220,335     219,343
Indian Affairs..................................................       1,748       1,835           0           0
Small Business..................................................           0           0           0           0
----------------------------------------------------------------------------------------------------------------


[[Page 15802]]


    ADJUSTMENT TO SECTION 207(b) SENATE DISCRETIONARY SPENDING LIMITS
        PURSUANT TO SECTION 207(f) OF THE 2008 BUDGET RESOLUTION
                        [In millions of dollars]
------------------------------------------------------------------------
                                     Initial                   Revised
                                      limit      Adjustment     limit
------------------------------------------------------------------------
FY 2007 Budget Authority.........      950,504         -188      950,316
FY 2007 Outlays..................    1,029,465            0    1,029,465
FY 2008 Budget Authority.........      953,052            1      953,053
FY 2008 Outlays..................    1,028,397            1    1,028,398
------------------------------------------------------------------------

                                                             

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