Budgetary Revisions

Floor Speech

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Mr. WHITEHOUSE. Madam President, H.R. 6363, a continuing resolution to avoid a shutdown, was enacted into law this month. Division B of the bill contains several authorizing provisions, such as a 1-year extension of the farm bill and a 2-month extension of Federal funding for community health centers that are paid for over 10 years. Section 121(c) of the Fiscal Responsibility Act of 2023 contains a reserve fund that authorizes the Budget Committee chairman to revise budget aggregates, committee allocations, and the pay-as-you-go ledger for legislation that would not increase the deficit over the period of fiscal years 2024 to 2033. Division B of H.R. 6363 meets the conditions of that reserve fund. However, the legislation directs that these budgetary effects are not to be entered on the PAYGO scorecard. As such, I am revising only the budget aggregates and committee allocations to accommodate H.R. 6363.

I previously revised the pay-as-you-go ledger for H.R. 5860, the September continuing resolution. As the legislation has now been signed into law and directs that its budgetary effects are not to be entered on the PAYGO scorecard, I am reversing the PAYGO adjustment I made in October.

0.257 Fiscal Years 2024-2028................................. 0.438 Fiscal Years 2024-2033................................. -0.002 Revisions: Fiscal Year 2024....................................... -0.257 Fiscal Years 2024-2028................................. -0.438 Fiscal Years 2024-2033................................. 0.002 Revised Balances: Fiscal Year 2024....................................... 0 Fiscal Years 2024-2028................................. 0 Fiscal Years 2024-2033................................. 0 ------------------------------------------------------------------------

REVISIONS TO BUDGET AGGREGATES--BUDGET AUTHORITY AND OUTLAYS

(Pursuant to Section 121(c) of the Fiscal Responsibility Act of 2023) ($ in billions) ------------------------------------------------------------------------ 2024 ------------------------------------------------------------------------ Current Spending Aggregates: Budget Authority....................................... 4,957.066 Outlays................................................ 5,081.501 Adjustment: Budget Authority....................................... 1.589 Outlays................................................ 0.954 Revised Aggregates: Budget Authority....................................... 4,958.655 Outlays................................................ 5,082.455 ------------------------------------------------------------------------ REVISIONS TO ALLOCATIONS TO SENATE COMMITTEES

(Pursuant to Section 121(c) of the Fiscal Responsibility Act of 2023) ($ in billions) ------------------------------------------------------------------------ 2024 2024-2028 2024-2033 ------------------------------------------------------------------------ Agriculture, Nutrition, and Forestry: Budget Authority............. 190.758 1,002.518 2,088.798 Outlays...................... 191.517 972.954 1,974.649 Adjustments: Budget Authority............. 0 0 0 Outlays...................... 0.159 0.048 0 Revised Allocation: Budget Authority............. 190.758 1,002.518 2,088.798 Outlays...................... 191.676 973.002 1,974.649 Finance: Budget Authority............. 3,449.542 19,587.359 46,205.293 Outlays...................... 3,458.396 19,589.773 46,198.480 Adjustments: Budget Authority............. 0.771 -1.818 -0.818 Outlays...................... 0.484 -1.434 -0.818 Revised Allocation: Budget Authority............. 3,450.313 19,585.541 46,204.475 Outlays...................... 3,458.880 19,588.339 46,197.662 Health, Education, Labor, and Pensions: Budget Authority............. 59.797 255.274 505.369 Outlays...................... 85.647 295.807 521.863 Adjustments: Budget Authority............. 0.818 0.818 0.818 Outlays...................... 0.311 0.818 0.818 Revised Allocation: Budget Authority............. 60.615 256.092 506.187 Outlays...................... 85.958 296.625 522.681 ------------------------------------------------------------------------ Note: The adjustments represent the direct spending effects of Division

B of H.R. 6363. Within the division, Title I is in the jurisdiction of

the Committee on Agriculture, Nutrition, and Forestry. Subtitle A of

Title II is in the jurisdiction of the Committee on Health, Labor,

Education, and Pensions. Subtitles B, C, and D of Title II are in the

jurisdiction of the Committee on Finance.

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