Budgetary Revisions

Floor Speech

By:  Kent Conrad
Date: Dec. 18, 2012
Location: Washington, DC

Mr. CONRAD. Mr. President, I previously filed committee allocations and budgetary aggregates pursuant to section 106 of the Budget Control Act of 2011 and, on June 29, I revised some of those levels pursuant to the Budget Control Act. Today, I am further adjusting those levels, specifically the allocation to the Committee on Appropriations for fiscal year 2013 and the budgetary aggregates for fiscal year 2013.

Section 101 of the Budget Control Act allows for various adjustments to the statutory limits on discretionary spending, while section 106(d) allows the chairman of the Budget Committee to make revisions to allocations, aggregates, and levels consistent with those adjustments. The Committee on Appropriations reported two bills that are eligible for an adjustment under the Budget Control Act:

One, the Department of Defense Appropriations Act for 2013 includes $93.297 billion in budget authority that is designated as funding for Overseas Contingency Operations/the Global War on Terrorism. That funding is estimated to result in $50.697 billion in outlays in 2013.

Two, the fiscal year 2013 disaster assistance supplemental includes $55.957 billion in budget authority that is designated as funding either for a disaster, $5.379 billion, or an emergency ($50.578 billion). In total, that funding is estimated to result in $8.974 billion in outlays in 2013.

In addition, I am making corrections to the June 29, 2012, adjustment by removing the off-budget portion of the program integrity funding previously provided for continuing disability reviews and redeterminations.

Consequently, I am revising the budgetary aggregates for 2013 by a total of $148.840 billion in budget authority and $59.302 billion in outlays. I am also revising the budget authority and outlay allocations to the Appropriations Committee by $93.409 billion in security budget authority, $55.845 billion in nonsecurity budget authority, and $59.671 in total outlays.

I ask unanimous consent that the following tables detailing the changes to the allocation to the Committee on Appropriations and the budgetary aggregates be printed in the Record.

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