Budgetary Revisions

Floor Speech

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Mr. SANDERS. Mr. President, S. Con. Res. 14, the fiscal year 2022 congressional budget resolution, included a reserve fund in section 3003 to allow the chairman of the Committee on the Budget to revise budget aggregates and committee allocations for legislation that would not increase the deficit over the period of fiscal years 2022 to 2031.

The Senate is considering H.R. 3076, the Postal Service Reform Act of 2022, which meets the condition of not increasing the deficit over the relevant 10-year period. As such, I am filing a revision to the aggregates and committee allocations under the budget resolution, which were last revised on February 8. Specifically, the Congressional Budget Office estimates that the bill would increase on-budget direct spending by $430 million over 5 years but decrease it by $73 million over 10 years.

I am also refiling two tables that I previously filed on February 8 to correct the amounts of budget authority allowable for fiscal year 2022.

Con. Res. 14] [$ in billions] ------------------------------------------------------------------------ 2022 ------------------------------------------------------------------------ Current Spending Aggregates: Budget Authority....................................... 4,145.465 Outlays................................................ 4,504.246 Adjustment: Budget Authority....................................... 0.612 Outlays................................................ -3.754 Revised Aggregates: Budget Authority....................................... 4,146.077 Outlays................................................ 4,500.492 ------------------------------------------------------------------------ Note: This table makes two adjustments. It republishes the table filed

on February 8 to exclude $2.9 billion of budget authority from

increased enterprise guarantee fees pursuant to section 3110 of S. Con

Res. 11 (114th Congress), the FY 2016 budget resolution. It also

adjusts for the effects of H.R. 3076, the Postal Service Reform Act of

2022, reducing both budget authority and outlays by $62 million. REVISIONS TO ALLOCATION TO SENATE COMMITTEES [Pursuant to Section 3003 of S. Con. Res. 14, the Concurrent Resolution on the Budget for Fiscal Year 2022] [$ in billions] ------------------------------------------------------------------------ 2022 2022-2026 2022-2031 ------------------------------------------------------------------------ Homeland Security and Governmental Affairs: Budget Authority............. 163.094 858.603 1,822.637 Outlays...................... 162.131 867.724 1,839.039 Adjustments: Budget Authority............. -0.062 0.430 -0.073 Outlays...................... -0.062 0.430 -0.073 Revised Allocation: Budget Authority............. 163.032 859.033 1,822.564 Outlays...................... 162.069 868.154 1,838.966 Environment and Public Works: Budget Authority............. 48.743 243.930 492.473 Outlays...................... 14.326 39.006 63.219 Adjustments: Budget Authority............. 0.674 28.580 93.681 Outlays...................... -7.011 -61.650 -88.619 Revised Environment & Public Works: Budget Authority............. 49.417 272.510 586.154 Outlays...................... 7.315 -22.644 -25.400 ------------------------------------------------------------------------ Note: Homeland Security and Government Affairs adjustment includes the

on-budget effects of H.R. 3076, the Postal Service Reform Act of 2022.

Environment and Public Works adjustment republished from February 8 to

exclude $21 billion over ten years of increased enterprise guarantee

fees from budget authority pursuant to section 3110 of S. Con. Res. 11

(114th Congress), the FY 2016 budget resolution. PAY-AS-YOU-GO SCORECARD FOR THE SENATE [Revisions Pursuant to Section 3003 of S. Con. Res. 14, the Concurrent Resolution on the Budget for Fiscal Year 2022] [$ in billions] ------------------------------------------------------------------------ Balances ------------------------------------------------------------------------ Current Balances: Fiscal Year 2022....................................... -8.362 Fiscal Years 2022-2026................................. -75.890 Fiscal Years 2022-2031................................. -138.704 Revisions: Fiscal Year 2022....................................... -0.062 Fiscal Years 2022-2026................................. 0.430 Fiscal Years 2022-2031................................. -0.073 Revised Balances: Fiscal Year 2022....................................... -8.424 Fiscal Years 2022-2026................................. -75.460 Fiscal Years 2022-2031................................. -138.777 ------------------------------------------------------------------------ Note: Adjustment reflects the on-budget effects of H.R. 3076, the Postal

Service Reform Act of 2022.

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