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ROLE OF THE BUDGET ANALYSIS DIVISION

The Budget Analysis Division, CBO's larges, develops CBO's cost estimates and spending projections. It maintains current tabulations of Congressional spending actions scorekeeping prepares cost estimates for bills reported by authorizing committees, prepares outley estimates for appropriation bills and for other legislation providing new budget authority, projects budget authority and outleys for the coming 11 years under current policies, and estimates the costs of federal mandates or state, local, and ribal governments. Also, in response to requests, the division provides mary cost estimates for possible amendments, legislative proposals, or spending options to the Budget and Appropriations Commitees, to other comminees of the Congress, and to individual Members.

The Budget Analysis Division also reviews the spending estimates submited by the Administration and prepares an annual report to the Appropriations Committees of the President's budget. The division also prepares much of the CBO's annual economic and budget outlook report and contributes estimates to other CBO reports, including the budget reduction options report and policy studies undertaken by other divisions.

Beginning on January 1, 1907, the Budget Analysis Division will have new responsibilities under the Line hem Vetc Act. Each time the President exercises his authority under the act CBC is required to provide the Budget Commitees with an estimate of the reductions in budget authority and outleys stemming from the President's action. The Budget Analysis Division will prepare those reports, as well as any additional information that the Budget and Appropriations Committees may need to track the effects of the new lew

ACCOMPLISHMENTS OF THE BUDGET ANALYSIS DIVISION IN FY 1996

Early in the year, the Budget Analysis Division worked to support the efforts of the Congress to balance the federal budget. In November 1995, the division completed a cost estimate of the conference agreement or the Balanced Budget Act of 1995 using the economic and technical assumptions underlying the budget resolution for fiscal year 1996. In December, as required by the third Continuing Resolution for Fiscal Year 1996 (Public Law 104-56), CBO updated its baseline economic and budget projections and prepared a revised estimate of the Balanced Budget Act. On January 6, 1995, CBO issued an analysis of the President's latest budgetary

ACCOMPLISHMENTS OF THE BUDGET ANALYSIS DIVISION IN FY 1996

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The rest of the fiscal year was dominated by work on several major pieces of legislation, including the Telecommunications Competition and Deregulation Act, the Contract With America Advancement Act, the Agricultural Market Transition Act, the Small Business Job Protection Act, the Personal Responsibility and Work Opportunity Reconciliation Act, the Health Insurance Portability and Accountability Act, the National Defense Authorization Act, the Federal Aviation Authorization Act, and the Omnibus Parks and Public Lands Management Act. Several other major legislative provisions-privatization of the U.S. Enrichment Corporation, auction of additional spectrum, and changes in deposit insurance premiums—were included in appropriation bills. The Budget Analysis Division prepared 622 formal cost estimates during calendar year 1996, along with even more informal estimates for proposals or options being considered by the Congress, and provided other technical support to the authorizing committees. In addition, the division prepared outlay estimates for both fiscal year 1996 and 1997 appropriation bills at all stages of the legislative process, beginning with subcommittee markups and ending with conference agreements.

The Unfunded Mandates Reform Act of 1995 (Public Law 104-4) took effect on January 1, 1996. During the remainder of the year, CBO's new State and Local Government Cost Estimates Unit reviewed over 700 bills and other legislative proposals to determine whether they contained intergovernmental mandates. In 69 cases, the unit determined that the legislation included one or more intergovernmental mandates and estimated their cost.

The Budget Analysis Division also carried out most of CBO's responsibilities for implementing the Budget Enforcement Act, particularly the discretionary appropriation limits and the pay-as-you-go requirements for direct spending and revenue legislation. The final sequestration report for fiscal year 1996 was prepared in January 1996, and two sequestration reports were prepared for fiscal year 1997--a preview report in March 1996 and an update report in August 1996.

The division prepared a number of statements for testimony by the CBO Director before Congressional committees during the past year on subjects including the economic and budget outlook and the Administration's budgetary proposals. Division staff also testified before three Congressional committees during the 2nd

PRIORITIES FOR THE BUDGET ANALYSIS DIVISION DURING FY 1998

The primary objective of the Budget Analysis Division during fiscal year 1998 will be to provide technical assistance and analytical support to the Congress in its work on the fiscal year 1999 budget. This will include the preparation of baseline budget projections, cost estimates for authorization and direct spending legislation, and outlay estimates for appropriation bills. As always, the division's major priorities will be determined by the Congressional agenda. If an effective program to balance the budget has been enacted into law, the division's support for committees may consist primarily of analyzing the budgetary effects of substantive programmatic changes. If such a program has not been effected, our work may be focused on preparing estimates for further deficit reduction efforts.

MAJOR PRODUCTS OF THE BUDGET ANALYSIS DIVISION

The division produces hundreds of written cost estimates throughout the year, presenting both the impact of legislation on the federal budget and on the budgets of state, local, and tribal governments. In addition, in fiscal year 1996, the Budget Analysis Division prepared or played a major role in preparing the following products:

Budget Projection Reports

The Economic and Budget Outlook: December 1995 Update (December 1995)

The Economic and Budget Outlook: Fiscal Years 1997-2006 (May 1996)

The Economic and Budget Outlook: An Update (August 1996)

Other Reports

Final Sequestration Report for Fiscal Year 1996 (January 1996)

Sequestration Preview Report for Fiscal Year 1997 (March 1996)

The Costs of Expanding the NATO Alliance (March 1996)

Reducing the Deficit: Spending and Revenue Options (August 1996)

Sequestration Update Report for Fiscal Year 1997 (August 1996)

Early Warning Report on legislation with peculiar spending or financing provisions

MAJOR PRODUCTS OF THE BUDGET ANALYSIS DIVISION cont.

Current Status Report on PAYGO Legislation (periodically during the year)

Current Level Report on budgetary effects of legislation that Congress has enacted or sent to the President (frequently during the year)

Congressional Testimony by Division Staff

Paul N. Van de Water, House Committee on Ways and Means (on the financial status of the Medicare program), April 30, 1996

Michael A. Miller, Senate Committee on Veterans' Affairs (on estimating the budgetary impact of changing eligibility for veterans' health care), May 8, 1996

Robert A. Sunshine, House Committee on Transportation and Infrastructure (on the highway trust fund), May 16, 1996

Paul N. Van de Water, House Committee on Ways and Means (on Medicare subvention), September 17, 1996

Staffing of the Budget Analysis Division

In fiscal year 1996, the division received 5 new positions (FTEs) that it combined with 2 existing FTEs to form a new state and local cost estimating unit responsible for the expanded estimating duties related to state, local, and tribal mandates under the Unfunded Mandates Reform Act of 1995.

The fiscal year 1998 request contains no provision for a change in staffing of the division.

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* Includes employees, whose services are obtained under contract with
an individual or an organization, performing on-site services (in
agency workspace) for six months or more during a twelve month period.

Note: Columns and rows may not add due to rounding.

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