[Congressional Record (Bound Edition), Volume 153 (2007), Part 21]
[Senate]
[Pages 29096-29097]
[From the U.S. Government Publishing Office, www.gpo.gov]




                            MORNING BUSINESS

                                 ______
                                 

                   FURTHER CHANGES TO S. CON. RES. 21

  Mr. CONRAD. Mr. President, section 301 of S. Con. Res. 21, the 2008 
budget resolution, permits the chairman of the Senate Budget Committee 
to revise the allocations, aggregates, and other appropriate levels for 
legislation that reauthorizes the State Children's Health

[[Page 29097]]

 Insurance Program, SCHIP. Section 301 authorizes the revisions 
provided that certain conditions are met, including that the 
legislation not result in more than $50 billion in outlays for SCHIP 
over the period of fiscal years 2007 through 2012 and that the 
legislation not worsen the deficit over the period of the total of 
fiscal years 2007 through 2012 or the period of the total of fiscal 
years 2007 through 2017.
  I find that H.R. 3963, the Children's Health Insurance Program 
Reauthorization Act of 2007, satisfies the conditions of the deficit-
neutral reserve fund for SCHIP legislation. Therefore, pursuant to 
section 301, I am adjusting the aggregates in the 2008 budget 
resolution, as well as the allocation provided to the Senate Finance 
Committee.
  I ask unanimous consent that the following revisions to S. Con. Res. 
21 be printed in the Record.
  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; FURTHER REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 
         301 DEFICIT-NEUTRAL RESERVE FUND FOR SCHIP LEGISLATION

                        [In billions of dollars]

Section 101
(1)(A) Federal Revenues:
  FY 2007.....................................................1,900.340
  FY 2008.....................................................2,022.051
  FY 2009.....................................................2,121.498
  FY 2010.....................................................2,176.932
  FY 2011.....................................................2,357.661
  FY 2012.....................................................2,495.039
(1)(B) Change in Federal Revenues:
  FY 2007........................................................-4.366
  FY 2008.......................................................-28.745
  FY 2009........................................................14.572
  FY 2010........................................................13.211
  FY 2011.......................................................-36.889
  FY 2012......................................................-102.057
(2) New Budget Authority:
  FY 2007.....................................................2,371.470
  FY 2008.....................................................2,505.209
  FY 2009.....................................................2,523.853
  FY 2010.....................................................2,579.438
  FY 2011.....................................................2,697.839
  FY 2012.....................................................2,735.357
(3) Budget Outlays:
  FY 2007.....................................................2,294.862
  FY 2008.....................................................2,469.858
  FY 2009.....................................................2.570.742
  FY 2010.....................................................2,607.644
  FY 2011.....................................................2,703.359
  FY 2012.....................................................2,716.559


CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2008--S. CON. RES. 
 21; FURTHER REVISIONS TO THE CONFERENCE AGREEMENT PURSUANT TO SECTION 
         301 DEFICIT-NEUTRAL RESERVE FUND FOR SCHIP LEGISLATION

                        [In millions of dollars]

Current Allocation to Senate Finance Committee
  FY 2007 Budget Authority....................................1,011,527
  FY 2007 Outlays.............................................1,017,808
  FY 2008 Budget Authority....................................1,078,905
  FY 2008 Outlays.............................................1,079,914
  FY 2008-2012 Budget Authority...............................6,017,379
  FY 2008-2012 Outlays........................................6,021,710
Adjustments
  FY 2007 Budget Authority..........................................  0
  FY 2007 Outlays...................................................  0
  FY 2008 Budget Authority........................................9,332
  FY 2008 Outlays.................................................2,386
  FY 2008-2012 Budget Authority..................................49,711
  FY 2008-2012 Outlays...........................................35,384
Revised Allocation to Senate Finance Committee
  FY 2007 Budget Authority....................................1,011,527
  FY 2007 Outlays.............................................1,017,808
  FY 2008 Budget Authority....................................1,088,237
  FY 2008 Outlays.............................................1,082,300
  FY 2008-2012 Budget Authority...............................6,067,090
6,057,094012 Outlays..............................................

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