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Letter to the Honorable J. Dennis Hastert [i] (October 1999)

handle is hein.congrec/cbo8279 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE Dan L. Crippen U.S. CONGRESS Director WASHINGTON, DC 20515 October 28, 1999 Honorable J. Dennis Hastert Speaker U.S. House of Representatives Washington, DC 20515 Dear Mr. Speaker: As you requested in your letter of October 27, the Congressional Budget Office (CBU) has estimated the on-budget deficit for fiscal year 2000, incorporating appropriation action to date. 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. The enclosed table provides CBO's estimate of how those bills would affect the on-budget surplus for fiscal year 2000. As you requested, the table displays the impact on that estimate of the adjustments made to CBU's figures for Congressional scorekeeping purposes-with the exception of the adjustment made for contingent emergencies. In response to numerous questions about the on-budget deficit and related matters, CBO has prepared a memorandum entitled Discretionary Spending Caps, Deficits, and the Social Security Surplus, which provides some context for addressing the budgetary issues you have raised. A copy of that memorandum is enclosed.

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