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July 12, 2001
Honorable Jim Nussle
Chairman
Committee on the Budget
U.S. House of Representatives
Washington, DC 20515
Dear Mr. Chairman:
The enclosed report shows the effects of Congressional action on the fiscal year 2002 budget and is current through July 11, 2001. 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 technical and economic assumptions of H. Con. Res. 83, the Concurrent Resolution on the Budget for Fiscal Year 2002. The budget resolution figures incorporate revisions submitted by the Committee on the Budget to the House to reflect funding for emergency requirements. These revisions are required by section 314 of the Congressional Budget Act, as amended. This is my first letter for fiscal year 2002.
Since the beginning of the first session of the 107th Congress, the Congress has cleared and the President has signed the following acts that changed budget authority, outlays, or revenues for 2002: an act to provide reimbursement authority to the Secretaries of Agriculture and the Interior from wildland fire management funds (P.L. 107-13), the Fallen Hero Survivor Benefit Fairness Act of 2001 (P.L. 107-15), the Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16), an act to clarify the authority of the Department of Housing and Urban Development with respect to the use of fees during fiscal year 2001 (P.L. 107-18), and an act to authorize funding for the National 4-H Program Centennial Initiative (P.L. 107-19). The effects of these new laws are identified in the enclosed table.
Sincerely,
Dan L. Crippen
Director
Enclosure
cc: Honorable John M. Spratt Jr., Ranking Member
FISCAL YEAR 2002 HOUSE CURRENT LEVEL REPORT AS OF JULY 11, 2001 (In millions of dollars) |
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Budget Authority |
Outlays | Revenues | ||||
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Enacted in previous sessions: | ||||||
Revenues | 0 | 0 | 1,703,488 | |||
Permanents and other spending legislation | 984,540 | 934,501 | 0 | |||
Appropriation legislation | 0 | 280,919 | 0 | |||
Offsetting receipts | -321,790 | -321,790 | 0 | |||
Total, previously enacted | 662,750 | 893,630 | 1,703,488 | |||
Enacted this session: | ||||||
An act to provide reimbursement authority to the Secretaries of Agriculture and the Interior from wildland fire management funds (P.L. 107-13) | 0 | -3 | 0 | |||
Fallen Hero Survivor Benefit Fairness Act of 2001 (P.L. 107-15) | 0 | 0 | -7 | |||
Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16) | 6,425 | 6,425 | -31,337 | |||
An act to clarify the authority of the Department of Housing and Urban Development with respect to the use of fees (P.L. 107-18) | 8 | 9 | 8 | |||
An act to authorize funding for the National 4-H Program Centennial Initiative (P.L. 107-19) | 0 | 2 | 0 | |||
Total, enacted this session | 6,433 | 6,433 | -31,336 | |||
Entitlements and Mandatories: | ||||||
Budget resolution baseline estimates of appropriated entitlements and other mandatory programs not yet enacted | 308,716 | 294,172 | 0 | |||
Total Current Level | 977,899 | 1,194,235 | 1,672,152 | |||
Total Budget Resolution | 1,626,488 | 1,590,658 | 1,638,202 | |||
Current Level Over Budget Resolution | 0 | 0 | 33,950 | |||
Current Level Under Budget Resolution | -648,589 | -396,423 | 0 | |||
Memorandum: | ||||||
Revenues, 2002-2006: | ||||||
House Current Level | 0 | 0 | 8,897,349 | |||
House Budget Resolution | 0 | 0 | 8,878,506 | |||
Current Level Over Budget Resolution | 0 | 0 | 18,843 | |||
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SOURCE: Congressional Budget Office. | ||||||
NOTES: P.L. = Public Law | ||||||
Section 314 of the Congressional Budget Act, as amended, requires that the House Budget Committee revise the budget resolution to reflect funding provided in bills reported by the House for emergency requirements, disability reviews, an Earned Income Tax Credit compliance initiative, and adoption assistance. To date, the Budget Committee has increased the outlay allocation in the budget resolution by $184 million for these purposes. These amounts are not included in the current level because the funding has not yet been enacted. | ||||||
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