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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)
        Budget
Authority
Outlays Revenues

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

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.