(2) NEW BUDGET AUTHORITY.-For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows:
Fiscal year 2005: $2,040,121,000,000.
Fiscal year 2006: $2,099,869,000,000.
Fiscal year 2007: $2,221,225,000,000.
Fiscal year 2008: $2,338,667,000,000.
Fiscal year 2009: $2,457,855,000,000.
(3) BUDGET OUTLAYS.-For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows:
Fiscal year 2005: $2,022,269,000,000.
Fiscal year 2006: $2,111,755,000,000.
Fiscal year 2007: $2,196,982,000,000.
Fiscal year 2008: $2,303,025,000,000.
Fiscal year 2009: $2,419,950,000,000.
(4) DEFICITS.-For purposes of the enforcement of this resolution, the amounts of the deficits (on-budget) are as follows:
Fiscal year 2005: -$529,554,000,000.
Fiscal year 2006: -$455,020,000,000.
Fiscal year 2007: -$436,814,000,000.
Fiscal year 2008: -$445,166,000,000.
Fiscal year 2009: -$456,117,000,000.
(5) PUBLIC DEBT.-The appropriate levels of the public debt are as follows:
Fiscal year 2005: $8,066,000,000,000.
Fiscal year 2006: $8,645,000,000,000.
Fiscal year 2007: $9,204,000,000,000.
Fiscal year 2008: $9,770,000,000,000.
Fiscal year 2009: $10,351,000,000,000.
(6) DEBT HELD BY THE PUBLIC.-The appropriate levels of debt held by the public are as follows:
Fiscal year 2005: $4,754,000,000,000.
Fiscal year 2006: $5,030,000,000,000.
Fiscal year 2007: $5,272,000,000,000.
Fiscal year 2008: $5,507,000,000,000.
Fiscal year 2009: $5,739,000,000,000.
SEC. 3. MAJOR FUNCTIONAL CATEGORIES.
The Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2005 through 2009 for each major functional category are:
(1) National Defense (050):
Fiscal year 2005:
(A) New budget authority, $408,486,000,000.
(B) Outlays, $439,979,000,000.
Fiscal year 2006:
(A) New budget authority, $430,694,000,000.
(B) Outlays, $428,774,000,000.
Fiscal year 2007:
(A) New budget authority, $451,728,000,000.
(B) Outlays, $434,219,000,000.
Fiscal year 2008:
(A) New budget authority, $473,293,000,000.
(B) Outlays, $453,061,000,000.
Fiscal year 2009:
(A) New budget authority, $494,923,000,000.
(B) Outlays, $473,956,000,000.
(2) Homeland Security (100):
Fiscal year 2005:
(A) New budget authority, $36,531,000,000.
(B) Outlays, $31,552,000,000.
Fiscal year 2006:
(A) New budget authority, $35,902,000,000.
(B) Outlays, $35,421,000,000.
Fiscal year 2007:
(A) New budget authority, $37,628,000,000.
(B) Outlays, $38,004,000,000.
Fiscal year 2008:
(A) New budget authority, $39,083,000,000.
(B) Outlays, $39,478,000,000.
Fiscal year 2009:
(A) New budget authority, $43,264,000,000.
(B) Outlays, $41,148,000,000.
(3) International Affairs (150):
Fiscal year 2005:
(A) New budget authority, $28,329,000,000.
(B) Outlays, $33,616,000,000.
Fiscal year 2006:
(A) New budget authority, $29,585,000,000.
(B) Outlays, $31,282,000,000.
Fiscal year 2007:
(A) New budget authority, $29,745,000,000.
(B) Outlays, $28,258,000,000.
Fiscal year 2008:
(A) New budget authority, $29,904,000,000.
(B) Outlays, $27,036,000,000.
Fiscal year 2009:
(A) New budget authority, $30,064,000,000.
(B) Outlays, $26,925,000,000.
(4) General Science, Space, and Technology (250):
Fiscal year 2005:
(A) New budget authority, $22,822,000,000.
(B) Outlays, $22,458,000,000.
Fiscal year 2006:
(A) New budget authority, $22,936,000,000.
(B) Outlays, $22,691,000,000.
Fiscal year 2007:
(A) New budget authority, $23,051,000,000.
(B) Outlays, $22,752,000,000.
Fiscal year 2008:
(A) New budget authority, $23,166,000,000.
(B) Outlays, $22,772,000,000.
Fiscal year 2009:
(A) New budget authority, $23,283,000,000.
(B) Outlays, $22,872,000,000.
(5) Energy (270):
Fiscal year 2005:
(A) New budget authority, $2,863,000,000.
(B) Outlays, $1,201,000,000.
Fiscal year 2006:
(A) New budget authority, $2,604,000,000.
(B) Outlays, $1,397,000,000.
Fiscal year 2007:
(A) New budget authority, $2,583,000,000.
(B) Outlays, $1,040,000,000.
Fiscal year 2008:
(A) New budget authority, $2,629,000,000.
(B) Outlays, $662,000,000.
Fiscal year 2009:
(A) New budget authority, $2,285,000,000.
(B) Outlays, $891,000,000.
(6) Natural Resources and Environment (300):
Fiscal year 2005:
(A) New budget authority, $31,460,000,000.
(B) Outlays, $31,032,000,000.
Fiscal year 2006:
(A) New budget authority, $31,817,000,000.
(B) Outlays, $32,120,000,000.
Fiscal year 2007:
(A) New budget authority, $32,147,000,000.
(B) Outlays, $32,385,000,000.
Fiscal year 2008:
(A) New budget authority, $32,353,000,000.
(B) Outlays, $32,368,000,000.
Fiscal year 2009:
(A) New budget authority, $33,030,000,000.
(B) Outlays, $33,056,000,000.
(7) Agriculture (350):
Fiscal year 2005:
(A) New budget authority, $21,246,000,000.
(B) Outlays, $20,632,000,000.
Fiscal year 2006:
(A) New budget authority, $23,534,000,000.
(B) Outlays, $22,461,000,000.
Fiscal year 2007:
(A) New budget authority, $24,439,000,000.
(B) Outlays, $23,354,000,000.
Fiscal year 2008:
(A) New budget authority, $24,203,000,000.
(B) Outlays, $23,113,000,000.
Fiscal year 2009:
(A) New budget authority, $25,065,000,000.
(B) Outlays, $24,112,000,000.
(8) Commerce and Housing Credit (370):
Fiscal year 2005:
(A) New budget authority, $10,792,000,000.
(B) Outlays, $5,782,000,000.
Fiscal year 2006:
(A) New budget authority, $10,242,000,000.
(B) Outlays, $6,842,000,000.
Fiscal year 2007:
(A) New budget authority, $9,727,000,000.
(B) Outlays, $4,769,000,000.
Fiscal year 2008:
(A) New budget authority, $9,705,000,000.
(B) Outlays, $3,190,000,000.
Fiscal year 2009:
(A) New budget authority, $9,580,000,000.
(B) Outlays, $2,740,000,000.
(9) Transportation (400):
Fiscal year 2005:
(A) New budget authority, $65,121,000,000.
(B) Outlays, $62,069,000,000.
Fiscal year 2006:
(A) New budget authority, $66,176,000,000.
(B) Outlays, $64,304,000,000.
Fiscal year 2007:
(A) New budget authority, $68,364,000,000.
(B) Outlays, $66,232,000,000.
Fiscal year 2008:
(A) New budget authority, $69,680,000,000.
(B) Outlays, $67,646,000,000.
Fiscal year 2009:
(A) New budget authority, $70,547,000,000.
(B) Outlays, $68,554,000,000.
(10) Community and Regional Development (450):
Fiscal year 2005:
(A) New budget authority, $12,230,000,000.
(B) Outlays, $14,322,000,000.
Fiscal year 2006:
(A) New budget authority, $12,020,000,000.
(B) Outlays, $12,667,000,000.
Fiscal year 2007:
(A) New budget authority, $12,082,000,000.
(B) Outlays, $11,906,000,000.
Fiscal year 2008:
(A) New budget authority, $12,060,000,000.
(B) Outlays, $11,725,000,000.
Fiscal year 2009:
(A) New budget authority, $12,122,000,000.
(B) Outlays, $11,860,000,000.
(11) Education, Training, Employment, and Social Services (500):
Fiscal year 2005:
(A) New budget authority, $111,283,000,000.
(B) Outlays, $96,270,000,000.
Fiscal year 2006:
(A) New budget authority, $112,450,000,000.
(B) Outlays, $111,918,000,000.
Fiscal year 2007:
(A) New budget authority, $113,191,000,000.
(B) Outlays, $112,380,000,000.
Fiscal year 2008:
(A) New budget authority, $113,781,000,000.
(B) Outlays, $112,103,000,000.
Fiscal year 2009:
(A) New budget authority, $114,504,000,000.
(B) Outlays, $113,755,000,000.
(12) Health (550):
Fiscal year 2005:
(A) New budget authority, $246,371,000,000.
(B) Outlays, $245,453,000,000.
Fiscal year 2006:
(A) New budget authority, $253,921,000,000.
(B) Outlays, $253,550,000,000.
Fiscal year 2007:
(A) New budget authority, $267,406,000,000.
(B) Outlays, $266,377,000,000.
Fiscal year 2008:
(A) New budget authority, $286,265,000,000.
(B) Outlays, $285,496,000,000.
Fiscal year 2009:
(A) New budget authority, $305,336,000,000.
(B) Outlays, $304,756,000,000.
(13) Medicare (570):
Fiscal year 2005:
(A) New budget authority, $288,166,000,000.
(B) Outlays, $289,126,000,000.
Fiscal year 2006:
(A) New budget authority, $322,974,000,000.
(B) Outlays, $322,549,000,000.
Fiscal year 2007:
(A) New budget authority, $362,759,000,000.
(B) Outlays, $363,016,000,000.
Fiscal year 2008:
(A) New budget authority, $387,838,000,000.
(B) Outlays, $387,858,000,000.
Fiscal year 2009:
(A) New budget authority, $414,278,000,000.
(B) Outlays, $413,853,000,000.
(14) Income Security (600):
Fiscal year 2005:
(A) New budget authority, $343,018,000,000.
(B) Outlays, $345,412,000,000.
Fiscal year 2006:
(A) New budget authority, $341,115,000,000.
(B) Outlays, $343,990,000,000.
Fiscal year 2007:
(A) New budget authority, $345,897,000,000.
(B) Outlays, $348,565,000,000.
Fiscal year 2008:
(A) New budget authority, $358,595,000,000.
(B) Outlays, $360,817,000,000.
Fiscal year 2009:
(A) New budget authority, $367,645,000,000.
(B) Outlays, $369,265,000,000.
(15) Social Security (650):
Fiscal year 2005:
(A) New budget authority, $15,094,000,000.
(B) Outlays, $15,094,000,000.
Fiscal year 2006:
(A) New budget authority, $16,589,000,000.
(B) Outlays, $16,589,000,000.
Fiscal year 2007:
(A) New budget authority, $18,049,000,000.
(B) Outlays, $18,049,000,000.
Fiscal year 2008:
(A) New budget authority, $19,988,000,000.
(B) Outlays, $19,988,000,000.
Fiscal year 2009:
(A) New budget authority, $21,989,000,000.
(B) Outlays, $21,989,000,000.
(16) Veterans Benefits and Services (700):
Fiscal year 2005:
(A) New budget authority, $79,255,000,000.
(B) Outlays, $76,205,000,000.
Fiscal year 2006:
(A) New budget authority, $77,264,000,000.
(B) Outlays, $76,140,000,000.
Fiscal year 2007:
(A) New budget authority, $75,427,000,000.
(B) Outlays, $74,678,000,000.
Fiscal year 2008:
(A) New budget authority, $78,692,000,000.
(B) Outlays, $78,211,000,000.
Fiscal year 2009:
(A) New budget authority, $79,401,000,000.
(B) Outlays, $78,942,000,000.
(17) Administration of Justice (750):
Fiscal year 2005:
(A) New budget authority, $31,874,000,000.
(B) Outlays, $31,445,000,000.
Fiscal year 2006:
(A) New budget authority, $29,174,000,000.
(B) Outlays, $29,663,000,000.
Fiscal year 2007:
(A) New budget authority, $29,232,000,000.
(B) Outlays, $29,426,000,000.
Fiscal year 2008:
(A) New budget authority, $29,377,000,000.
(B) Outlays, $29,264,000,000.
Fiscal year 2009:
(A) New budget authority, $29,525,000,000.
(B) Outlays, $29,388,000,000.
(18) General Government (800):
Fiscal year 2005:
(A) New budget authority, $17,198,000,000.
(B) Outlays, $17,916,000,000.
Fiscal year 2006:
(A) New budget authority, $17,419,000,000.
(B) Outlays, $17,392,000,000.
Fiscal year 2007:
(A) New budget authority, $17,573,000,000.
(B) Outlays, $17,401,000,000.
Fiscal year 2008:
(A) New budget authority, $17,230,000,000.
(B) Outlays, $17,075,000,000.
Fiscal year 2009:
(A) New budget authority, $17,383,000,000.
(B) Outlays, $17,044,000,000.
(19) Interest (900):
Fiscal year 2005:
(A) New budget authority, $270,331,000,000.
(B) Outlays, $270,331,000,000.
Fiscal year 2006:
(A) New budget authority, $317,882,000,000.
(B) Outlays, $317,882,000,000.
Fiscal year 2007:
(A) New budget authority, $362,839,000,000.
(B) Outlays, $362,839,000,000.
Fiscal year 2008:
(A) New budget authority, $396,309,000,000.
(B) Outlays, $396,309,000,000.
Fiscal year 2009:
(A) New budget authority, $424,487,000,000.
(B) Outlays, $424,487,000,000.
(20) Allowances (920):
Fiscal year 2005:
(A) New budget authority, $50,000,000,000.
(B) Outlays, $24,850,000,000.
Fiscal year 2006:
(A) New budget authority, $--.
(B) Outlays, $18,600,000,000.
Fiscal year 2007:
(A) New budget authority, $--.
(B) Outlays, $5,100,000,000.
Fiscal year 2008:
(A) New budget authority, $--.
(B) Outlays, $1,000,000,000.
Fiscal year 2009:
(A) New budget authority, $--.
(B) Outlays, $250,000,000.
(21) Undistributed Offsetting Receipts (950):
Fiscal year 2005:
(A) New budget authority, -$52,349,000,000.
(B) Outlays, $-52,475,000,000.
Fiscal year 2006:
(A) New budget authority, -$54,427,000,000.
(B) Outlays, -$54,477,000,000.
Fiscal year 2007:
(A) New budget authority, -$62,642,000,000.
(B) Outlays, -$63,767,000,000.
Fiscal year 2008:
(A) New budget authority, -$65,485,000,000.
(B) Outlays, -$66,147,000,000.
Fiscal year 2009:
(A) New budget authority, -$60,856,000,000.
(B) Outlays, -$59,893,000,000.
BREAK IN TRANSCRIPT
Mr. SCHIFF. I thank the gentleman for yielding me this time.
Mr. Chairman, I, too, would like to respond to some of the comments that have been made. I am very appreciative of all the positive attributes the gentleman has recognized in the Blue Dog budget. Particularly of significance is the fact that we would apply PAYGO provisions not only to spending measures but to revenue measures as well. Any budget resolution that fails to do so simply lacks any meaningful enforcement mechanism.
Opposition has been raised that this measure raises taxes. The fact of the matter is that the majority resolution raises taxes. It simply raises taxes on our children, on my 5-year-old and my 1-year-old. They are going to pay more taxes because of the majority resolution. It raises the debt tax that all of us pay. A tax cut that is not paid for, and the majority resolution does not pay for its tax cuts, is no tax cut at all. It is merely a deferral to our children.
Mr. Chairman, just 3 years ago, the state of our economy was very strong. We had seen 20 million new jobs created, we had seen the fastest growth in 30 years, the lowest unemployment in 30 years, the lowest poverty rates in 20 years, and the first back-to-back surpluses in 42 years. But now we are in a very different place. We have lost 2.2 million jobs in the last 3 years and, despite a rise in the stock market and productivity gains, there are no new jobs. This result was not unforeseeable. The members of the Blue Dog Coalition warned we were spending money that we did not have, that the administration lacked an economic plan, and that tax cuts alone were not a substitute for an economic plan. At the same time, Congress voted to increase the national debt. These ill advised economic decisions have led to the largest deficits in the Nation's history with no plan in sight to put our fiscal house in order. It is time for us to put our fiscal house in order.
I rise today to urge my colleagues to support the Blue Dog budget, a package that combines the spending restraint in the administration's budget with strong budget enforcement measures and responsible tax policy to reduce the deficit and balance the budget by 2012.
BREAK IN TRANSCRIPT