Budget Scorekeeping Report
Floor Speech
BREAK IN TRANSCRIPT
Mr. WHITEHOUSE. Mr. President, I submit to the Senate a budget scorekeeping report. The report, which covers fiscal year 2024, was prepared and submitted as a letter by the Congressional Budget Office pursuant to section 308(b) of the Congressional Budget Act of 1974. This information assists the Senate Budget Committee in determining if budgetary points of order lie against pending legislation.
CBO's report shows the effect on spending and revenues of congressional action through April 15, 2024. Between CBO's last report on December 13, 2023, and April 15, 2024, Congress passed eight pieces of legislation with effects on direct spending or revenue. These include two appropriations bills passed in March, P.L. 118-42 and P.L. 118-47, that completed the fiscal year 2024 appropriations cycle in line with the bipartisan agreement enacted last summer.
CBO's report included three tables, tables 1, 2, and 3. Tables 1 and 2 show that current budgetary levels are within allowable amounts for budget authority and outlays. The allowable levels include an adjustment for the Senate-passed national security supplemental, P.L. 118-50, which had not yet been enacted into law when the table was prepared. These tables also show that revenue is below the allowable amount, due to the rescissions of IRS mandatory funding in the last appropriation bill, P.L. 118-47, which reduces revenue and increases the deficit.
Table 3 shows the Senate's Pay-As-You-Go scorecard, which reflects $36.4 billion of net deficit increase, entirely due to IRS funding rescissions.
The Democratic staff of the Budget Committee prepared three addendum tables to supplement CBO's report, tables A, B, and C.
Table A compares the mandatory spending of each authorizing committee against the enforceable allocations under section 302 of the Congressional Budget Act. It shows that 11 of the 16 authorizing committees are compliant with their allocations, either because no legislation with significant budgetary costs was enacted, the legislation was deficit-neutral and qualified for an allocation adjustment that was subsequently filed, or the legislation reduced spending.
Table B updates CBO's table 1, the Senate current level report for spending and revenues, to reflect the enactment of P.L. 118-50, the national security supplemental, which was passed by the House and Senate and was signed into law by the President after CBO prepared its report.
Table C updates CBO's table 3, updating the Senate Pay-As-You-Go scorecard to reflect six bills that have passed by the House and Senate since the release of CBO's report, five of which have been signed into law by the President.
Congress, Congressional Budget Office, Washington, DC, April 17, 2024. Hon. Sheldon Whitehouse, Chairman, Committee on the Budget, U.S. Senate, Washington, DC.
Dear Mr. Chairman: The enclosed report shows the effects of Congressional action on the fiscal year 2024 budget and is current through April 15, 2024. 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 allocations, aggregates, and other budgetary levels printed in the Congressional Record on March 22, 2024, pursuant to section 121 of the Fiscal Responsibility Act of 2023 (FRA, Public Law 118-5).
Since our last letter dated December 13, 2023, the Congress has cleared the following legislation that has significant effects on budget authority, outlays, or revenues in fiscal year 2024:
An act to amend the Federal Election Campaign Act of 1971 to extend the Administrative Fine Program for certain reporting violations (P.L. 118-26);
5G SALE Act (P.L. 118-27);
National Defense Authorization Act for Fiscal Year 2024 (P.L. 118-31);
Further Additional Continuing Appropriations and Other Extensions Act, 2024 (P.L. 118-35);
Overtime Pay for Protective Services Act of 2023 (P.L. 118- 38);
Extension of Continuing Appropriations and Other Matters Act, 2024 (P.L. 118-40);
Consolidated Appropriations Act, 2024 (P.L. 118-42); and
Further Consolidated Appropriations Act, 2024 (P.L. 118- 47). Sincerely, Phillip L. Swagel, Director.
Enclosure. TABLE 1.--SENATE CURRENT LEVEL REPORT FOR SPENDING AND REVENUES FOR FISCAL YEAR 2024, AS OF APRIL 15, 2024 [In billions of dollars] ------------------------------------------------------------------------ Current Level Over Budget Current (+) or Resolution Level Under (-) Resolution ------------------------------------------------------------------------ On-Budget: Budget Authority............. 5,036.2 4,944.6 -91.6 Outlays...................... 5,097.4 5,044.2 -53.2 Revenues..................... 3,651.8 3,650.6 -1.3 Off-Budget: Social Security Outlays...... 1,322.7 1,322.7 0.0 Social Security Revenues..... 1,195.5 1,195.5 0.0 ------------------------------------------------------------------------ Source: Congressional Budget Office. TABLE 2.--SUPPORTING DETAIL FOR THE SENATE CURRENT LEVEL REPORT FOR ON-BUDGET SPENDING AND REVENUES FOR FISCAL YEAR 2024, AS OF APRIL 15, 2024 [In millions of dollars] ---------------------------------------------------------------------------------------------------------------- Budget Authority Outlays Revenues ---------------------------------------------------------------------------------------------------------------- Previously Enacted: Revenues................................................. n.a. n.a. 3,651,961 Permanents and Other Spending Legislation a.............. 3,244,781 3,216,941 n.a. Prior-Year Outlays....................................... ............... 815,333 n.a. Fiscal Responsibility Act of 2023 (P.L. 118-5)........... 200 -1,903 -123 Offsetting Receipts...................................... -1,262,969 -1,262,967 n.a. -------------------------------------------------- Total, Previously Enacted............................ 1,982,012 2,767,404 3,651,838 Enacted Legislation: b Authorizing Legislation Continuing Appropriations Act, 2024 and Other 642 257 n.a. Extensions Act (P.L. 118-15)........................ Further Continuing Appropriations and Other 1,589 954 n.a. Extensions Act, 2024 (P.L. 118-22).................. An act to amend the Federal Election Campaign Act of 0 0 1 1971 to extend the Administrative Fine Program for certain reporting violations (P.L. 118-26).......... 5G SALE Act (P.L. 118-27)............................ -60 -60 n.a. National Defense Authorization Act for Fiscal Year 2,629 178 n.a. 2024 (P.L. 118-31).................................. Further Additional Continuing Appropriations and 656 315 n.a. Other Extensions Act, 2024 (P.L. 118-35)............ Overtime Pay for Protective Services Act of 2023 1 1 n.a. (P.L. 118-38)....................................... Extension of Continuing Appropriations and Other -184 -48 n.a. Matters Act, 2024 (P.L. 118-40)..................... Consolidated Appropriations Act, 2024 (P.L. 118-42).. 5,901 5,041 n.a. Further Consolidated Appropriations Act, 2024 (P.L. 807 807 -1,273 118-47)............................................. -------------------------------------------------- Subtotal, Authorizing Legislation........................ 11,981 7,445 -1,272 Appropriation Legislation Continuing Appropriations Act, 2024 and Other 16,000 979 n.a. Extensions Act (P.L. 118-15)........................ Consolidated Appropriations Act, 2024 (P.L. 118-42).. 668,501 386,365 n.a. Further Consolidated Appropriations Act, 2024 (P.L. 2,120,423 1,715,937 n.a. 118-47)............................................. -------------------------------------------------- Subtotal, Appropriation Legislation...................... 2,804,924 2,103,281 n.a. Entitlements and Mandatories................................. 145,677 166,024 n.a. Total Current Level.................................. 4,944,594 5,044,154 3,650,566 Total Senate Resolutionc............................. 5,036,175 5,097,363 3,651,838 -------------------------------------------------- Current Level Over (+) or Under (-) Senate Resolution -91,581 -53,209 -1,272 Memorandum: Revenues, 2024-2033: Senate Current Level..................................... n.a. n.a. 45,293,716 Senate Resolution........................................ n.a. n.a. 45,331,755 Current Level Over (+) or Under (-) Senate Resolution.... n.a. n.a. -38,039 ---------------------------------------------------------------------------------------------------------------- Source: Congressional Budget Office. n.a. = not applicable; P.L. = public law. For purposes of enforcing section 311 of the Congressional Budget Act of 1974 (P.L. 93-344) in the Senate, the
aggregate spending and revenue levels for 2024 published in the Congressional Record on June 21, 2023, by the
Chairman of the Senate Committee on the Budget pursuant to section 121 of the Fiscal Responsibility Act of
2023 (FRA, P.L. 118-5) do not include budget authority, outlays, or revenues for off-budget amounts. As a
result, amounts in this current-level report do not include those items. In keeping with the 21st Century Cures Act (P.L. 114-255), certain funding for the Department of Health and
Human Services is excluded from estimates for the purposes of both the Budget Act and the Balanced Budget and
Emergency Deficit Control Act of 1985 (BBEDCA P.L. 99-177), as amended. As a result, this report excludes $457
million in budget authority and $770 million in outlays. Similarly, in keeping with section 14003 of the
Coronavirus Aid, Relief, and Economic Security Act (P.L. 116-136, as modified by section 101 of division AA of
the Consolidated Appropriations Act, 2021 (P.L. 116-260)), certain funding provided to the Army Corps of
Engineers is excluded from estimates for the purposes of both the Budget Act and the Deficit Control Act. As a
result, this report excludes $2,829 million in budget authority and $2,829 million in outlays. a Reflects a correction to account for the interest effects of the Fiscal Responsibility Act of 2023 (FRA, P.L.
118-5), which were inadvertently excluded from the current-level report filed on December 13, 2023, because of
a database error. As a result of that correction, previously enacted budget authority and outlays alike are
$1,347 million less than previously indicated. b Current-level amounts and allocations include budgetary effects designated as an emergency requirement in
keeping with section 251 of the Deficit Control Act. However, they exclude budgetary effects designated as an
emergency requirement pursuant to section 4001 of S. Con. Res. 14 (117th Congress), the concurrent resolution
on the budget for fiscal year 2022. In consultation with the Senate Committee on the Budget and in keeping
with section 103 of the FRA, current-level amounts and allocations also exclude amounts previously enacted and
designated as an emergency requirement for 2024 for allocation enforcement under the Budget Act. Excluded
amounts are as follows: Budget Authority Outlays Revenues ---------------------------------------------------------------------------------------------------------------- Authorizing Legislation: Fiscal Responsibility Act of 2023 (P.L. 118-5)........... 0 -2,331 n.a. Appropriation Legislation: Congressional non-BBEDCA Emergencies..................... 70,983 2,798 n.a. Changes to Congressional non-BBEDCA Emergencies.......... 0 358 n.a. -------------------------------------------------- Total, Emergency-Designated Budgetary Effects........ 70,983 825 n.a. ---------------------------------------------------------------------------------------------------------------- c Section 121 of the FRA requires the Chair of the Senate Committee on the Budget to publish the aggregate
spending and revenue levels for fiscal year 2024; those aggregate levels were first published in the
Congressional Record on June 21, 2023. The Chair of the Senate Committee on the Budget has the authority to
revise the budgetary aggregates for the budgetary effects of certain revenue and spending measures pursuant to
the Budget Act and the FRA: Budget Authority Outlays Revenues ---------------------------------------------------------------------------------------------------------------- Original Aggregates Printed on June 21, 2023:................ 4,878,570 5,056,741 3,651,838 Revisions: Published in the Congressional Record on September 12, 61,854 23,541 n.a. 2023.................................................... Published in the Congressional Record on October 24, 2023 16,642 1,219 n.a. Published in the Congressional Record on November 29, 1,589 954 n.a. 2023.................................................... Published in the Congressional Record on March 8, 2024... 95,070 21,606 n.a. Published in the Congressional Record on March 22, 2024.. -17,550 -6,698 n.a. -------------------------------------------------- Revised Senate Resolution.................................... 5,036,175 5,097,363 3,651,838 ---------------------------------------------------------------------------------------------------------------- TABLE 3.--SUMMARY OF THE SENATE PAY-AS-YOU-GO SCORECARD AS OF APRIL 15, 2024 [In millions of dollars] ------------------------------------------------------------------------ 2024 2024-2028 2024-2033 ------------------------------------------------------------------------ Beginning Balance a.............. 0 0 0 Enacted Legislation a b c, * * * Providing Accountability Through Transparency Act of 2023 (S. 111, P.L. 118-9) 250th Anniversary of the 0 0 0 United States Marine Corps Commemorative Coin Act (H.R. 1096, P.L. 118-10).......... Continuing Appropriations * * * Act, 2024 and Other Extensions Act (H.R. 5860, P.L. 118-15) d.............. An act to amend title 38, 0 1 -1 United States Code, to extend and modify certain authorities and requirements relating to the Department of Veterans Affairs, and for other purposes (S. 2795, P.L. 118-19)................ Further Continuing * * * Appropriations and Other Extensions Act, 2024 (H.R. 6363, P.L. 118-22) e........ National Guard and Reservists * * * Debt Relief Extension Act of 2023 (H.R. 3315, P.L. 118- 24)......................... Duck Stamp Modernization Act * * * of 2023 (S. 788, P.L. 118- 25)......................... An act to amend the Federal -1 -5 -10 Election Campaign Act of 1971 to extend the Administrative Fine Program for certain reporting violations. (S. 2747, P.L. 118-26)..................... 5G SALE Act (S. 2787, P.L. -60 -85 -85 118-27)..................... National Defense 178 1,410 -1,487 Authorization Act for Fiscal Year 2024 (H.R. 2670, P.L. 118-31)..................... Airport and Airway Extension * * * Act of 2023, Part II (H.R. 6503, P.L. 118-34).......... Further Additional Continuing * * * Appropriations and Other Extensions Act, 2024 (H.R. 2872, P.L. 118-35) f........ Overtime Pay for Protective 1 1 1 Services Act of 2023 (S. 3427, P.L. 118-38).......... Extension of Continuing * * * Appropriations and Other Matters Act, 2024 (H.R. 7463, P.L. 118-40) g........ Airport and Airway Extension * * * Act of 2024 (H.R. 7454, P.L. 118-41)..................... Consolidated Appropriations -- -- -- Act, 2024 (H.R. 4366, P.L. 118-42) h................... Further Consolidated 1,273 17,586 37,971 Appropriations Act, 2024 (H.R. 2882, P.L. 118-47) i.. A joint resolution providing * * * for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Labor Relations Board relating to ``Standard for Determining Joint Employer Status''. (H.J. Res. 98).............. -------------------------------------- Increase (+) or Decrease (-) in 1,391 18,908 36,389 the Deficit..................... Total Change in Outlays...... 119 1,327 -1,572 Total Change in Revenues..... -1,272 -17,581 -37,961 ------------------------------------------------------------------------ Source: Congressional Budget Office. P.L. = public law; -- = excluded from PAYGO scorecard; * = between -
$500,000 and $500,000. a On June 21, 2023 the Chairman of the Senate Committee on the Budget
reset the Senate's Pay-As-You-Go Scorecard to zero for all fiscal
years. b The amounts shown represent the estimated effect of the public laws on
the deficit. c Excludes off-budget amounts. d Section 2401(b) requires the budgetary effects of division B to be
excluded from the Senate's PAYGO scorecard; however, the revenue
effects from the immigration extensions included in division A are
included in the scorecard because division A does not fall within the
exclusion in section 2401 of division B. e Section 701(b) requires the budgetary effects of division B to be
excluded from the Senate's PAYGO scorecard; however, the revenue
effects from the immigration extensions included in division A are
included in the scorecard because division A does not fall within the
exclusion in section 701 of division B. f Section 401(b) requires the budgetary effects of division B to be
excluded from the Senate's PAYGO scorecard; however, the revenue
effects from the immigration extensions included in division A are
included in the scorecard because division A does not fall within the
exclusion in section 401 of division B. g Section 102(b) requires the budgetary effects of division B to be
excluded from the Senate's PAYGO scorecard; however, the revenue
effects from the immigration extensions included in division A are
included in the scorecard because division A does not fall within the
exclusion in section 102 of division B. h Section 401(b) of division G requires the budgetary effects of that
division to be excluded from the Senate's PAYGO scorecard. i Section 401(b) of division G requires the budgetary effects of that
division to be excluded from the Senate's PAYGO scorecard; however the
revenue effects of rescinding amounts provided to the Internal Revenue
Service (IRS) in P.L. 117-169 are shown here because divisions B and D
do not fall within the exclusion in section 401(b) of division G. TABLE A.--SENATE AUTHORIZING COMMITTEE SPENDING COMPARED TO ALLOCATIONS
[$ in millions; positive numbers represent spending above enforceable limits] ------------------------------------------------------------------------ 2024 2024-2028 2024-2033 ------------------------------------------------------------------------ Agriculture, Nutrition, and Forestry: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Armed Services: Budget Authority............. 2,629 3,321 721 Outlays...................... 178 1,410 -1,487 Banking, Housing, and Urban Affairs: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Commerce, Science, and Transportation: Budget Authority............. 747 3,338 5,368 Outlays...................... 748 795 -30 Energy and Natural Resources: Budget Authority............. 0 0 0 Outlays...................... 3 3 3 Environment and Public Works: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Finance: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Foreign Relations: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Health, Education, Labor, and Pensions: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Homeland Security and Government Affairs; Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Indian Affairs: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Intelligence: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Judiciary: Budget Authority............. 1 1 1 Outlays...................... 1 1 1 Rules and Administration: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Small Business and Entrepreneurship: Budget Authority............. 0 0 0 Outlays...................... 0 0 0 Veterans' Affairs; Budget Authority............. 0 1 -1 Outlays...................... 0 1 -1 Memo--all committees, total over allocation Budget Authority............. 3,377 6,661 6,089 Outlays...................... 930 2,210 -1,514 ------------------------------------------------------------------------ TABLE B.--SENATE CURRENT LEVEL REPORT FOR SPENDING AND REVENUES FOR FISCAL YEAR 2024, AS OF MAY 20, 2024 [$ in billions] ------------------------------------------------------------------------ Current Level Over Budget Current (+) or Resolution Level Under (-) Resolution ------------------------------------------------------------------------ On-Budget: Budget Authority............. 5,036.2 5,039.9 3.7 Outlays...................... 5,090.4 5,057.4 -32.9 Revenues..................... 3,651.8 3,650.6 -1.2 Off-Budget: Social Security Outlays...... 1,322.7 1,322.7 0.0 Social Security Revenues..... 1,195.5 1,195.5 0.0 ------------------------------------------------------------------------ Memo: This table is an updated version of CBO's Table 1 above,
incorporating the budgetary effects of H.R. 815, the national security
supplemental, which was signed into law on April 24, 2024 (P.L. 118-
50).
TABLE C.--SUMMARY OF THE SENATE PAY-AS-YOU-GO SCORECARD AS OF MAY 20, 2024 [$ in millions] ------------------------------------------------------------------------ 2024 2024-2028 2024-2033 ------------------------------------------------------------------------ Beginning Balance a.............. 1,391 18,908 36,389 Legislation That Has cleared Congress Since April 15, 2024: Making emergency supplemental -- -- -- appropriations for the fiscal year ending September 30, 2024, and for other purposes (H.R. 815, P.O. 118- 50) b....................... Revising Existing Procedures * * * On Reporting via Technology (REPORT) Act (S. 474, P.L. 118-59)..................... Prohibiting Russian Uranium -- -- -- Imports Act (H.R. 1042, P.L. 118-62) c................... Eliminate Useless Reports Act * * * of 2023 (S. 2073)........... Airport and Airway Extension * * * Act of 2024, Part II (H.R. 8289, P.L. 118-60).......... Securing Growth and Robust 0 54 63 Leadership in America Aviation Act (H.R. 3935, P.L.118-63)................. -------------------------------------- Total Change in Outlays.. 0 54 63 Total Change in Revenues. 0 0 0 Final Balance............ 1,391 18,962 36,452 ------------------------------------------------------------------------ P.L. = public law; -- = excluded from PAYGO scorecard; * = between -
$500,000 and $500,000. a The beginning balance reflects CBO's Table 3, above. b Section 1(b) of division T requires the budgetary effects of division
D and each subsequent division to be excluded from the Senate's PAYGO
scorecard. c H.R. 1042 increases direct spending from budget authority originally
designated as an emergency requirement pursuant to a budget resolution
by the infrastructure investment and Jobs Act (P.L. 117-58), and
therfore is excluded from the Senate's PAYGO scorecard.
BREAK IN TRANSCRIPT
Source