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Letter to the Honorable John M. Spratt Jr. [i] (October 1999)

handle is hein.congrec/cbo8280 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE Dan L. Crippen U.S. CONGRESS Director WASHINGTON, DC 20515 October 28, 1999 Honorable John M. Spratt Jr. Ranking Democratic Member Committee on the Budget U.S. House of Representatives Washington, DC 20515 Dear Congressman: As requested in your letter of October 22, the Congressional Budget Office (CBU) has estimated the on-budget deficit for fiscal year 2000, incorporating appropriation action to date. CBO has also calculated the across-the-board cut that would be necessary to eliminate the estimated on-budget deficit for this year under two scenarios: if all new appropriations were included and if specified appropriations were exempted. CBO's estimates are based on appropriation bills that have been signed by the President and, for those that have not yet been enacted into law, on the most recent conference agreements. Table 1 provides CBO's estimates of how those bills would affect the on-budget surplus for fiscal year 2000. As you requested, those estimates reflect CBO's assumptions and methodology and exclude directed scoring adjustments. The estimates incorporate the 0.97 percent across-the-board reduction and other savings included in the conference report on the District of Columbia and Labor/Health and Human Services appropriation bills. You also requested that CBO estimate the across-the-board reductions in budget authority and obligation limitations that would be required to eliminate the estimated on-budget deficit if (a) all discretionary appropriations were included in the across-the-board cut and (b) if the defense and military construction bills and funding for veterans in the Veterans/Housing and Urban Development appropriation bill were exempted from the reduction. Table 2

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