2012 Statutory Pay-As-You-Go Act Annual Report, 6353-6355 [2013-01896]
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Federal Register / Vol. 78, No. 20 / Wednesday, January 30, 2013 / Notices
mstockstill on DSK4VPTVN1PROD with
the number of firms and workers
affected by the Standard.
The Agency will summarize the
comments submitted in response to this
notice and will include this summary in
the request to OMB.
Type of Review: Extension of a
currently approved collection.
Title: Personal Protective Equipment
(PPE) for General Industry (29 CFR part
1910, subpart I).
OMB Control Number: 1218–0205.
Affected Public: Business or other forprofits; Federal Government; State,
Local, or Tribal Government.
Number of Respondents: 3,500,000.
Frequency of Response: On occasion.
Average Time per Response: Varies
from one minute (.02 hour) to maintain
a training certification record to 29
hours to perform a hazard assessment.
Estimated Total Burden Hours:
1,696,991.
Estimated Cost (Operation and
Maintenance): $0.
IV. Public Participation—Submission of
Comments on this Notice and Internet
Access to Comments and Submissions
You may submit comments in
response to this document as follows:
(1) Electronically at https://
www.regulations.gov, which is the
Federal eRulemaking Portal; (2) by
facsimile (fax); or (3) by hard copy. All
comments, attachments, and other
material must identify the Agency name
and the OSHA docket number for the
ICR (Docket No. OSHA–2013–0004).
You may supplement electronic
submissions by uploading document
files electronically. If you wish to mail
additional materials in reference to an
electronic or facsimile submission, you
must submit them to the OSHA Docket
Office (see the section of this notice
titled ADDRESSES). The additional
materials must clearly identify your
electronic comments by your name,
date, and the docket number so the
Agency can attach them to your
comments.
Because of security procedures, the
use of regular mail may cause a
significant delay in the receipt of
comments. For information about
security procedures concerning the
delivery of materials by hand, express
delivery, messenger, or courier service,
please contact the OSHA Docket Office
at (202) 693–2350, (TTY (877) 889–
5627).
Comments and submissions are
posted without change at https://
www.regulations.gov. Therefore, OSHA
cautions commenters about submitting
personal information such as social
security numbers and dates of birth.
Although all submissions are listed in
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the https://www.regulations.gov index,
some information (e.g., copyrighted
material) is not publicly available to
read or download through this Web site.
All submissions, including copyrighted
material, are available for inspection
and copying at the OSHA Docket Office.
Information on using the https://
www.regulations.gov Web site to submit
comments and access the docket is
available at the Web site’s ‘‘User Tips’’
link. Contact the OSHA Docket Office
for information about materials not
available through the Web site, and for
assistance in using the Internet to locate
docket submissions.
V. Authority and Signature
David Michaels, Ph.D., MPH,
Assistant Secretary of Labor for
Occupational Safety and Health,
directed the preparation of this notice.
The authority for this notice is the
Paperwork Reduction Act of 1995 (44
U.S.C. 3506 et seq.) and Secretary of
Labor’s Order No. 1–2012 (77 FR 3912).
David Michaels,
Assistant Secretary of Labor for Occupational
Safety and Health.
[FR Doc. 2013–01860 Filed 1–29–13; 8:45 am]
BILLING CODE 4510–26–P
OFFICE OF MANAGEMENT AND
BUDGET
2012 Statutory Pay-As-You-Go Act
Annual Report
Office of Management and
Budget (OMB).
ACTION: Notice.
AGENCY:
This report is being published
as required by the Statutory Pay-AsYou-Go (PAYGO) Act of 2010, 2 U.S.C.
931 et seq. The Act requires that OMB
issue (1) an annual report as specified
in 2 U.S.C. 934(a) and (2) a
sequestration order, if necessary.
FOR FURTHER INFORMATION CONTACT:
Patrick Locke. 202–395–3672.
SUPPLEMENTARY INFORMATION: This
report and additional information about
the PAYGO Act can be found at
https://www.whitehouse.gov/omb/
paygo_default.
SUMMARY:
Authority: 2 U.S.C. 934.
Courtney Timberlake,
Assistant Director for Budget.
This Report is being published
pursuant to section 5 of the Statutory
Pay-As-You-Go (PAYGO) Act of 2010,
Public Law 111–139, 124 Stat. 8, 2
U.S.C. 934, which requires that OMB
issue an annual PAYGO report,
including a sequestration order if
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6353
necessary, no later than 14 working days
after the end of a congressional session.
This Report describes the budgetary
effects of all legislation enacted during
the second session of the 112th
Congress and presents the 5-year and
10-year PAYGO scorecards maintained
by OMB. Because neither the 5-year nor
10-year scorecard shows a debit for the
budget year, which for purposes of this
Report is fiscal year 2013,1 a
sequestration order under subsection
5(b) of the PAYGO Act, 2 U.S.C 934(b),
is not necessary.
There was no legislation designated as
emergency legislation under section 4(g)
of the PAYGO Act, 2 U.S.C. 933(g)
enacted during the second session of the
112th Congress. In addition, the
scorecards include no current policy
adjustments made under section 4(c) of
the PAYGO Act, 2 U.S.C. 933(c), for
legislation enacted during the second
session of the 112th Congress. For these
reasons, the Report does not contain any
information about emergency legislation
or a description of any current policy
adjustments.
I. PAYGO Legislation with Budgetary
Effects
PAYGO legislation is authorizing
legislation that affects direct spending
or revenues; and appropriations
legislation that affects direct spending
in the years beyond the budget year or
affects revenues in any year.2 For a more
complete description of the Statutory
PAYGO Act, see the OMB Web site,
https://www.whitehouse.gov/omb/
paygo_description, and Chapter 14,
‘‘Budget Process,’’ of the Analytical
Perspectives volume of the 2013 Budget,
https://www.gpo.gov/fdsys/pkg/
BUDGET-2013-PER/pdf/BUDGET-2013PER.pdf.
The 5-year PAYGO scorecard shows
that PAYGO legislation enacted in the
second session of the 112th Congress
was estimated to have PAYGO
budgetary effects that decreased the
deficit by $839 million each year from
2013 through 2017.3 Balances carried
1 References to years on the PAYGO scorecards
are to fiscal years.
2 Provisions in appropriations acts that affect
direct spending in the years beyond the budget year
(also known as ‘‘outyears’’) or affect revenues in any
year are scorable for the purposes of the PAYGO
scorecards except if the provisions produce outlay
changes that net to zero over the current year,
budget year, and the four subsequent years. As
specified in section 3 of the Statutory PAYGO Act,
off-budget effects are not counted as budgetary
effects. Off-budget effects refer to effects on the
Social Security trust funds (Old-Age and Survivors
Insurance and Disability Insurance) and the Postal
Service.
3 As provided in section 4(d) of the PAYGO Act,
2 U.S.C. 933(d), budgetary effects on the PAYGO
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Federal Register / Vol. 78, No. 20 / Wednesday, January 30, 2013 / Notices
over from prior sessions of the Congress
further increase the savings being
shown on the 5-year scorecard in years
2013 through 2015 but would increase
the deficit in 2016. The 10-year PAYGO
scorecard shows that PAYGO legislation
for the second session of the 112th
Congress decreased the deficit by $1,134
million each year from 2013 through
2022. Balances from prior sessions
further increase the savings in years
2013 through 2021.
In the second session of the 112th
Congress, 56 laws were enacted that
were determined to constitute PAYGO
legislation. Of the 56 enacted PAYGO
laws, two laws were estimated to have
PAYGO budgetary effects (costs or
savings) in excess of $500 million over
one or both of the 5-year or 10-year
PAYGO windows. These were:
• An Act to extend the National
Flood Insurance Program, and for other
purposes, Public Law 112–123; and
• National Defense Authorization Act
for Fiscal Year 2013, Public Law 112–
239.
In addition, 8 laws were enacted that
were estimated to have PAYGO
budgetary effects (costs or savings)
greater than zero but less than $500
million over one or both of the 5-year
or 10-year PAYGO windows. These acts
were:
• FAA Modernization and Reform
Act of 2012, Public Law 112–95;
• St. Croix River Crossing Project
Authorization Act, Public Law 112–100;
• Honoring America’s Veterans and
Caring for Camp Lejeune Families Act of
2012, Public Law 112–154;
• An Act to amend the African
Growth and Opportunity Act to extend
the third-country fabric program and to
add South Sudan to the list of countries
eligible for designation under that Act,
to make technical corrections to the
Harmonized Tariff Schedule of the
United States relating to the textile and
apparel rules of origin for the
Dominican Republic-Central AmericaUnited States Free Trade Agreement, to
approve the renewal of import
restrictions contained in the Burmese
Freedom and Democracy Act of 2003,
and for other purposes, Public Law 112–
163;
• Lions Clubs International Century
of Service Commemorative Coin Act,
Public Law 112–181;
• Medicare IVIG Access and
Strengthening Medicare and Repaying
Taxpayers Act of 2012, Public Law 112–
242;
• Dignified Burial and Other
Veterans’ Benefits Improvement Act of
2012, Public Law 112–260; and
• An Act to amend title 5, United
States Code, to make clear that accounts
in the Thrift Savings Fund are subject to
certain Federal tax levies, Public Law
112–267.
Finally, in addition to the laws
identified above, 46 laws enacted in the
second session were estimated to have
negligible budgetary effects. The
budgetary effects of these laws were
estimated to fall below $500,000 in each
year and in the aggregate from 2013
through 2022.
II. Budgetary Effects Excluded From the
Scorecard Balances
Three laws enacted in the second
session of the 112th Congress had
estimated budgetary effects on direct
spending and revenues that are not
included in the calculations for the
PAYGO scorecards due to exclusions
required by law. Public Law 112–96, the
Middle Class Tax Relief and Job
Creation Act of 2012; Public Law 112–
141, the Moving Ahead for Progress in
the 21st Century Act; and Public Law
112–240, the American Taxpayer Relief
Act of 2012, all contain provisions that
state ‘‘[t]he budgetary effects of this Act
shall not be entered on either PAYGO
scorecard maintained pursuant to
section 4(d) of the Statutory Pay-AsYou-Go Act of 2010.’’ For this reason,
the budgetary effects of these laws are
not included in the PAYGO scorecards.
III. PAYGO Scorecards
STATUTORY PAY-AS-YOU-GO SCORECARDS
[in millions of dollars, negative amounts portray decreases in deficits]
2013
2014
2015
2016
2017
Second Session of
the 112th Congress .....................
Balances from Previous Sessions ......
¥839
¥839
¥839
¥839
¥839
¥9,155
¥9,155
¥9,155
1,880
0
Five-year
PAYGO
Scorecard ......
¥9,994
¥9,994
¥9,994
1,041
¥839
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
¥1,134
¥1,134
¥1,134
¥1,134
¥1,134
¥1,134
¥1,134
¥1,134
¥1,134
¥1,134
¥7,081
¥7,081
¥7,081
¥7,081
¥7,081
¥7,081
¥7,081
¥7,081
¥710
0
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥1,844
¥1,134
Second Session of
the 112th Congress .....................
Balances from Previous Sessions ......
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Ten-year
PAYGO
Scorecard ......
The total net budgetary effects of all
PAYGO legislation enacted during the
second session of the 112th Congress on
the five-year scorecard reduces the
deficit by $4,196 million. This total is
averaged over the years 2013 to 2017 on
scorecards are based on congressional estimates for
bills including a reference to a congressional
estimate in the Congressional Record, and for which
such a reference is indeed present in the Record.
Absent such a congressional cost estimate, OMB is
required to use its own estimate for the scorecard.
Only one bill enacted during the second session of
the 112th Congress (Pub. L. 112–154) had such a
congressional estimate and therefore OMB was
required to provide an estimate for all other PAYGO
laws enacted during the session.
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Federal Register / Vol. 78, No. 20 / Wednesday, January 30, 2013 / Notices
the 5-year PAYGO scorecard, resulting
in a savings of $839 million in each
year. Balances carried over from prior
sessions of the Congress add to these
savings in 2013 through 2015, resulting
in a savings of $9,994 million each year
in 2013 through 2015. However, the
balance carried over for 2016 reduces
the 2016 savings by $1,880 million,
which results in a net cost on the 5-year
PAYGO scorecard in 2016 of $1,041
million. The five-year PAYGO window
extended only through 2016 in the first
session of the 112th Congress, so there
were no five-year balances to carry over
into 2017.
The total 10-year net impact of
legislation enacted during the second
session of the 112th Congress was a
savings of $11,343 million. The 10-year
PAYGO scorecard shows the total net
impact averaged over the 10-year
period, resulting in $1,134 million in
savings every year. Balances from prior
sessions increase the savings to $8,215
million in 2013 through 2020 and to
$1,844 million in 2021.
IV. Sequestration Order
As shown on the scorecards, the
budgetary effects of PAYGO legislation
enacted in the second session of the
112th Congress, combined with the
balances left on the scorecard from
previous sessions of the Congress,
resulted in net savings on both the 5year and the 10-year scorecard in the
budget year, which is 2013 for the
purposes of this Report. Because the
costs for the budget year, as shown on
the scorecards, do not exceed savings
for the budget year, there is no ‘‘debit’’
on either scorecard under section 3 of
the PAYGO Act, 2 U.S.C. 932, and there
is no need for a sequestration order.
The savings shown on the scorecards
for 2013 will be removed from the
scorecards that are used to record the
budgetary effects of PAYGO legislation
enacted in the first session of the 113th
Congress. The totals shown in 2014
through 2022 will remain on the
scorecards and will be used in
determining whether a sequestration
order will be necessary at the end of
future sessions of the Congress.
[FR Doc. 2013–01896 Filed 1–29–13; 8:45 am]
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BILLING CODE P
NATIONAL ARCHIVES AND RECORDS
ADMINISTRATION
Records Schedules; Availability and
Request for Comments
VerDate Mar<15>2010
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Jkt 229001
The National Archives and
Records Administration (NARA)
publishes notice at least once monthly
of certain Federal agency requests for
records disposition authority (records
schedules). Once approved by NARA,
records schedules provide mandatory
instructions on what happens to records
when no longer needed for current
Government business. They authorize
the preservation of records of
continuing value in the National
Archives of the United States and the
destruction, after a specified period, of
records lacking administrative, legal,
research, or other value. Notice is
published for records schedules in
which agencies propose to destroy
records not previously authorized for
disposal or reduce the retention period
of records already authorized for
disposal. NARA invites public
comments on such records schedules, as
required by 44 U.S.C. 3303a(a).
DATES: Requests for copies must be
received in writing on or before March
1, 2013. Once the appraisal of the
records is completed, NARA will send
a copy of the schedule. NARA staff
usually prepare appraisal
memorandums that contain additional
information concerning the records
covered by a proposed schedule. These,
too, may be requested and will be
provided once the appraisal is
completed. Requesters will be given 30
days to submit comments.
ADDRESSES: You may request a copy of
any records schedule identified in this
notice by contacting Records
Management Services (ACNR) using one
of the following means:
Mail: NARA (ACNR), 8601 Adelphi
Road, College Park, MD 20740–6001
Email: request.schedule@nara.gov.
FAX: 301–837–3698
Requesters must cite the control
number, which appears in parentheses
after the name of the agency which
submitted the schedule, and must
provide a mailing address. Those who
desire appraisal reports should so
indicate in their request.
FOR FURTHER INFORMATION CONTACT:
Margaret Hawkins, Director, Records
Management Services (ACNR), National
Archives and Records Administration,
8601 Adelphi Road, College Park, MD
20740–6001. Telephone: (301) 837–
1799. Email:
request.schedule@nara.gov.
SUMMARY:
Each year
Federal agencies create billions of
records on paper, film, magnetic tape,
SUPPLEMENTARY INFORMATION:
National Archives and Records
Administration (NARA).
AGENCY:
Notice of availability of
proposed records schedules; request for
comments.
ACTION:
PO 00000
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6355
and other media. To control this
accumulation, agency records managers
prepare schedules proposing retention
periods for records and submit these
schedules for NARA’s approval, using
the Standard Form (SF) 115, Request for
Records Disposition Authority. These
schedules provide for the timely transfer
into the National Archives of
historically valuable records and
authorize the disposal of all other
records after the agency no longer needs
them to conduct its business. Some
schedules are comprehensive and cover
all the records of an agency or one of its
major subdivisions. Most schedules,
however, cover records of only one
office or program or a few series of
records. Many of these update
previously approved schedules, and
some include records proposed as
permanent.
The schedules listed in this notice are
media neutral unless specified
otherwise. An item in a schedule is
media neutral when the disposition
instructions may be applied to records
regardless of the medium in which the
records are created and maintained.
Items included in schedules submitted
to NARA on or after December 17, 2007,
are media neutral unless the item is
limited to a specific medium. (See 36
CFR 1225.12(e).)
No Federal records are authorized for
destruction without the approval of the
Archivist of the United States. This
approval is granted only after a
thorough consideration of their
administrative use by the agency of
origin, the rights of the Government and
of private persons directly affected by
the Government’s activities, and
whether or not they have historical or
other value.
Besides identifying the Federal
agencies and any subdivisions
requesting disposition authority, this
public notice lists the organizational
unit(s) accumulating the records or
indicates agency-wide applicability in
the case of schedules that cover records
that may be accumulated throughout an
agency. This notice provides the control
number assigned to each schedule, the
total number of schedule items, and the
number of temporary items (the records
proposed for destruction). It also
includes a brief description of the
temporary records. The records
schedule itself contains a full
description of the records at the file unit
level as well as their disposition. If
NARA staff has prepared an appraisal
memorandum for the schedule, it too
includes information about the records.
Further information about the
disposition process is available on
request.
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]]>Agencies
[Federal Register Volume 78, Number 20 (Wednesday, January 30, 2013)]
[Notices]
[Pages 6353-6355]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-01896]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF MANAGEMENT AND BUDGET
2012 Statutory Pay-As-You-Go Act Annual Report
AGENCY: Office of Management and Budget (OMB).
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This report is being published as required by the Statutory
Pay-As-You-Go (PAYGO) Act of 2010, 2 U.S.C. 931 et seq. The Act
requires that OMB issue (1) an annual report as specified in 2 U.S.C.
934(a) and (2) a sequestration order, if necessary.
FOR FURTHER INFORMATION CONTACT: Patrick Locke. 202-395-3672.
SUPPLEMENTARY INFORMATION: This report and additional information about
the PAYGO Act can be found at https://www.whitehouse.gov/omb/paygo_default.
Authority: 2 U.S.C. 934.
Courtney Timberlake,
Assistant Director for Budget.
This Report is being published pursuant to section 5 of the
Statutory Pay-As-You-Go (PAYGO) Act of 2010, Public Law 111-139, 124
Stat. 8, 2 U.S.C. 934, which requires that OMB issue an annual PAYGO
report, including a sequestration order if necessary, no later than 14
working days after the end of a congressional session.
This Report describes the budgetary effects of all legislation
enacted during the second session of the 112th Congress and presents
the 5-year and 10-year PAYGO scorecards maintained by OMB. Because
neither the 5-year nor 10-year scorecard shows a debit for the budget
year, which for purposes of this Report is fiscal year 2013,\1\ a
sequestration order under subsection 5(b) of the PAYGO Act, 2 U.S.C
934(b), is not necessary.
---------------------------------------------------------------------------
\1\ References to years on the PAYGO scorecards are to fiscal
years.
---------------------------------------------------------------------------
There was no legislation designated as emergency legislation under
section 4(g) of the PAYGO Act, 2 U.S.C. 933(g) enacted during the
second session of the 112th Congress. In addition, the scorecards
include no current policy adjustments made under section 4(c) of the
PAYGO Act, 2 U.S.C. 933(c), for legislation enacted during the second
session of the 112th Congress. For these reasons, the Report does not
contain any information about emergency legislation or a description of
any current policy adjustments.
I. PAYGO Legislation with Budgetary Effects
PAYGO legislation is authorizing legislation that affects direct
spending or revenues; and appropriations legislation that affects
direct spending in the years beyond the budget year or affects revenues
in any year.\2\ For a more complete description of the Statutory PAYGO
Act, see the OMB Web site, https://www.whitehouse.gov/omb/paygo_description, and Chapter 14, ``Budget Process,'' of the Analytical
Perspectives volume of the 2013 Budget, https://www.gpo.gov/fdsys/pkg/BUDGET-2013-PER/pdf/BUDGET-2013-PER.pdf.
---------------------------------------------------------------------------
\2\ Provisions in appropriations acts that affect direct
spending in the years beyond the budget year (also known as
``outyears'') or affect revenues in any year are scorable for the
purposes of the PAYGO scorecards except if the provisions produce
outlay changes that net to zero over the current year, budget year,
and the four subsequent years. As specified in section 3 of the
Statutory PAYGO Act, off-budget effects are not counted as budgetary
effects. Off-budget effects refer to effects on the Social Security
trust funds (Old-Age and Survivors Insurance and Disability
Insurance) and the Postal Service.
---------------------------------------------------------------------------
The 5-year PAYGO scorecard shows that PAYGO legislation enacted in
the second session of the 112th Congress was estimated to have PAYGO
budgetary effects that decreased the deficit by $839 million each year
from 2013 through 2017.\3\ Balances carried
[[Page 6354]]
over from prior sessions of the Congress further increase the savings
being shown on the 5-year scorecard in years 2013 through 2015 but
would increase the deficit in 2016. The 10-year PAYGO scorecard shows
that PAYGO legislation for the second session of the 112th Congress
decreased the deficit by $1,134 million each year from 2013 through
2022. Balances from prior sessions further increase the savings in
years 2013 through 2021.
---------------------------------------------------------------------------
\3\ As provided in section 4(d) of the PAYGO Act, 2 U.S.C.
933(d), budgetary effects on the PAYGO scorecards are based on
congressional estimates for bills including a reference to a
congressional estimate in the Congressional Record, and for which
such a reference is indeed present in the Record. Absent such a
congressional cost estimate, OMB is required to use its own estimate
for the scorecard. Only one bill enacted during the second session
of the 112th Congress (Pub. L. 112-154) had such a congressional
estimate and therefore OMB was required to provide an estimate for
all other PAYGO laws enacted during the session.
---------------------------------------------------------------------------
In the second session of the 112th Congress, 56 laws were enacted
that were determined to constitute PAYGO legislation. Of the 56 enacted
PAYGO laws, two laws were estimated to have PAYGO budgetary effects
(costs or savings) in excess of $500 million over one or both of the 5-
year or 10-year PAYGO windows. These were:
An Act to extend the National Flood Insurance Program, and
for other purposes, Public Law 112-123; and
National Defense Authorization Act for Fiscal Year 2013,
Public Law 112-239.
In addition, 8 laws were enacted that were estimated to have PAYGO
budgetary effects (costs or savings) greater than zero but less than
$500 million over one or both of the 5-year or 10-year PAYGO windows.
These acts were:
FAA Modernization and Reform Act of 2012, Public Law 112-
95;
St. Croix River Crossing Project Authorization Act, Public
Law 112-100;
Honoring America's Veterans and Caring for Camp Lejeune
Families Act of 2012, Public Law 112-154;
An Act to amend the African Growth and Opportunity Act to
extend the third-country fabric program and to add South Sudan to the
list of countries eligible for designation under that Act, to make
technical corrections to the Harmonized Tariff Schedule of the United
States relating to the textile and apparel rules of origin for the
Dominican Republic-Central America-United States Free Trade Agreement,
to approve the renewal of import restrictions contained in the Burmese
Freedom and Democracy Act of 2003, and for other purposes, Public Law
112-163;
Lions Clubs International Century of Service Commemorative
Coin Act, Public Law 112-181;
Medicare IVIG Access and Strengthening Medicare and
Repaying Taxpayers Act of 2012, Public Law 112-242;
Dignified Burial and Other Veterans' Benefits Improvement
Act of 2012, Public Law 112-260; and
An Act to amend title 5, United States Code, to make clear
that accounts in the Thrift Savings Fund are subject to certain Federal
tax levies, Public Law 112-267.
Finally, in addition to the laws identified above, 46 laws enacted
in the second session were estimated to have negligible budgetary
effects. The budgetary effects of these laws were estimated to fall
below $500,000 in each year and in the aggregate from 2013 through
2022.
II. Budgetary Effects Excluded From the Scorecard Balances
Three laws enacted in the second session of the 112th Congress had
estimated budgetary effects on direct spending and revenues that are
not included in the calculations for the PAYGO scorecards due to
exclusions required by law. Public Law 112-96, the Middle Class Tax
Relief and Job Creation Act of 2012; Public Law 112-141, the Moving
Ahead for Progress in the 21st Century Act; and Public Law 112-240, the
American Taxpayer Relief Act of 2012, all contain provisions that state
``[t]he budgetary effects of this Act shall not be entered on either
PAYGO scorecard maintained pursuant to section 4(d) of the Statutory
Pay-As-You-Go Act of 2010.'' For this reason, the budgetary effects of
these laws are not included in the PAYGO scorecards.
III. PAYGO Scorecards
Statutory Pay-As-You-Go Scorecards
[in millions of dollars, negative amounts portray decreases in deficits]
--------------------------------------------------------------------------------------------------------------------------------------------------------
2013 2014 2015 2016 2017
--------------------------------------------------------------------------------------------------------------------------------------------------------
Second Session of the 112th Congress...... -839 -839 -839 -839 -839
Balances from Previous Sessions........... -9,155 -9,155 -9,155 1,880 0
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Five-year PAYGO Scorecard............. -9,994 -9,994 -9,994 1,041 -839
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2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
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Second Session of the 112th Congress...... -1,134 -1,134 -1,134 -1,134 -1,134 -1,134 -1,134 -1,134 -1,134 -1,134
Balances from Previous Sessions........... -7,081 -7,081 -7,081 -7,081 -7,081 -7,081 -7,081 -7,081 -710 0
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Ten-year PAYGO Scorecard.............. -8,215 -8,215 -8,215 -8,215 -8,215 -8,215 -8,215 -8,215 -1,844 -1,134
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The total net budgetary effects of all PAYGO legislation enacted
during the second session of the 112th Congress on the five-year
scorecard reduces the deficit by $4,196 million. This total is averaged
over the years 2013 to 2017 on
[[Page 6355]]
the 5-year PAYGO scorecard, resulting in a savings of $839 million in
each year. Balances carried over from prior sessions of the Congress
add to these savings in 2013 through 2015, resulting in a savings of
$9,994 million each year in 2013 through 2015. However, the balance
carried over for 2016 reduces the 2016 savings by $1,880 million, which
results in a net cost on the 5-year PAYGO scorecard in 2016 of $1,041
million. The five-year PAYGO window extended only through 2016 in the
first session of the 112th Congress, so there were no five-year
balances to carry over into 2017.
The total 10-year net impact of legislation enacted during the
second session of the 112th Congress was a savings of $11,343 million.
The 10-year PAYGO scorecard shows the total net impact averaged over
the 10-year period, resulting in $1,134 million in savings every year.
Balances from prior sessions increase the savings to $8,215 million in
2013 through 2020 and to $1,844 million in 2021.
IV. Sequestration Order
As shown on the scorecards, the budgetary effects of PAYGO
legislation enacted in the second session of the 112th Congress,
combined with the balances left on the scorecard from previous sessions
of the Congress, resulted in net savings on both the 5-year and the 10-
year scorecard in the budget year, which is 2013 for the purposes of
this Report. Because the costs for the budget year, as shown on the
scorecards, do not exceed savings for the budget year, there is no
``debit'' on either scorecard under section 3 of the PAYGO Act, 2
U.S.C. 932, and there is no need for a sequestration order.
The savings shown on the scorecards for 2013 will be removed from
the scorecards that are used to record the budgetary effects of PAYGO
legislation enacted in the first session of the 113th Congress. The
totals shown in 2014 through 2022 will remain on the scorecards and
will be used in determining whether a sequestration order will be
necessary at the end of future sessions of the Congress.
[FR Doc. 2013-01896 Filed 1-29-13; 8:45 am]
BILLING CODE P
