[Congressional Record (Bound Edition), Volume 160 (2014), Part 2]
[Senate]
[Pages 2296-2297]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          BUDGETARY REVISIONS

  Mrs. MURRAY. Madam President, section 114(d) of H.J. Res. 59, the 
Bipartisan Budget Act of 2013, allows the chairman of the Senate Budget 
Committee to revise the allocations, aggregates, and levels filed on 
January 14, 2014, pursuant to section 111 of H.J. Res. 59, for a number 
of deficit-neutral reserve funds. These reserve funds were incorporated 
into the Bipartisan Budget Act by reference to sections of S. Con. Res. 
8, the Senate-passed budget resolution for 2014. Among these sections 
is a reference to section 313 of S. Con. Res. 8, which establishes a 
deficit-neutral reserve fund for a farm bill. The authority to adjust 
enforceable levels in the Senate for a farm bill is contingent on that 
legislation not increasing the deficit over either the period of the 
total of fiscal years 2013 through 2018 or the period of the total of 
fiscal years 2013 through 2023.
  I find that the conference agreement on H.R. 2642, the Agricultural 
Act of 2014, as reported on January 27, 2014, fulfills the conditions 
of the deficit-neutral reserve fund for a farm bill. Therefore, 
pursuant to section 114(d) of H.J. Res. 59, I am adjusting the 
budgetary aggregates, as well as the allocation to the Committee on 
Agriculture, Nutrition, and Forestry.
  I ask unanimous consent that the following tables detailing the 
revisions be printed in the Record.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:


    BUDGETARY AGGREGATES--PURSUANT TO SECTION 111 OF THE BIPARTISAN BUDGET ACT OF 2013 AND SECTION 311 OF THE
                                        CONGRESSIONAL BUDGET ACT OF 1974
----------------------------------------------------------------------------------------------------------------
                      [Dollars in millions]                            2014           2014-18         2014-23
----------------------------------------------------------------------------------------------------------------
Current Budgetary Aggregates:
    Spending:...................................................
        Budget Authority........................................       2,924,837             n/a             n/a
        Outlays.................................................       2,937,094             n/a             n/a
    Revenue.....................................................       2,311,026      13,699,478      31,095,742
Adjustments Made Pursuant to Section 114(d) of the Bipartisan
 Budget Act:*
    Spending:...................................................
        Budget Authority........................................           3,243             n/a             n/a
        Outlays.................................................           2,124             n/a             n/a
    Revenue.....................................................               5              51             104
Revised Budgetary Aggregates:
    Spending:...................................................
        Budget Authority........................................       2,928,080             n/a             n/a
        Outlays.................................................       2,939,218             n/a             n/a
    Revenue.....................................................       2,311,031      13,699,529      31,095,846
----------------------------------------------------------------------------------------------------------------
n/a = Not applicable. Appropriations for fiscal years 2015-2023 will be determined by future sessions of
  Congress and enforced through future Congressional budget resolutions.
*Adjustments made pursuant to section 114(d) of the Bipartisan Budget Act of 2013, which incorporates by
  reference section 313 of S. Con. Res. 8, as passed by the Senate. Section 313 establishes a deficit-neutral
  reserve fund for a farm bill.


    REVISIONS TO THE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS TO THE COMMITTEE ON AGRICULTURE, NUTRITION, AND
   FORESTRY PURSUANT TO SECTION 111 OF THE BIPARTISAN BUDGET ACT OF 2013 AND SECTION 302 OF THE CONGRESSIONAL
                                               BUDGET ACT OF 1974
----------------------------------------------------------------------------------------------------------------
                                                                     Committee on Agriculture, Nutrition, and
                                                                                     Forestry
                      [Dollars in millions]                      -----------------------------------------------
                                                                      Current                         Revised
                                                                    Allocation     Adjustments*     Allocation
----------------------------------------------------------------------------------------------------------------
Fiscal Year 2014:
    Budget Authority............................................          12,852           3,243          16,095
    Outlays.....................................................          11,862           2,124          13,986
Fiscal Years 2014-2018:
    Budget Authority............................................          68,964          -3,906          65,058
    Outlays.....................................................          66,695          -5,310          61,385

[[Page 2297]]

 
Fiscal Years 2014-2023:
    Budget Authority............................................         141,305         -15,034         126,271
    Outlays.....................................................         137,659         -16,504        121,155
----------------------------------------------------------------------------------------------------------------
*Adjustments made pursuant to section 114(d) of the Bipartisan Budget Act of 2013, which incorporates by
  reference section 313 of S. Con. Res. 8, as passed by the Senate. Section 313 establishes a deficit-neutral
  reserve fund for a farm bill.

  

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