2013 Statutory Pay-as-You-Go Act Annual Report, 4980-4981 [2014-01805]
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4980
Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices
III. Authority and Signature
David Michaels, Ph.D., MPH,
Assistant Secretary of Labor for
Occupational Safety and Health, 200
Constitution Avenue NW., Washington,
DC 20210, authorized the preparation of
this notice. Accordingly, the Agency is
issuing this notice pursuant to Section
8(g)(2) of the Occupational Safety and
Health Act of 1970 (29 U.S.C. 657(g)(2)),
Secretary of Labor’s Order No. 1–2012
(77 FR 3912, Jan. 25, 2012), and 29 CFR
1910.7.
Signed at Washington, DC, on January 27,
2014.
David Michaels,
Assistant Secretary of Labor for Occupational
Safety and Health.
[FR Doc. 2014–01860 Filed 1–29–14; 8:45 am]
BILLING CODE 4510–26–P
OFFICE OF MANAGEMENT AND
BUDGET
2013 Statutory Pay-as-You-Go Act
Annual Report
Authority: 2 U.S.C. 934
AGENCY: Office of Management and
Budget (OMB).
ACTION: Notice.
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:
mstockstill on DSK4VPTVN1PROD with NOTICES
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 first session of the 113th 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
VerDate Mar<15>2010
18:24 Jan 29, 2014
Jkt 232001
is fiscal year 2014,1 a sequestration
order under subsection 5(b) of the
PAYGO Act, 2 U.S.C § 934(b), is not
necessary.
No legislation was enacted with an
emergency designation under section
4(g) of the PAYGO Act, 2 U.S.C. 933(g),
during the first session of the 113th
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 first session of the
113th Congress. The authority for
current policy adjustments expired as of
December 31, 2011. 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 11,
‘‘Budget Concepts,’’ of the Analytical
Perspectives volume of the 2014 Budget,
https://www.whitehouse.gov/sites/
default/files/omb/budget/fy2014/assets/
concepts.pdf.
The 5-year PAYGO scorecard shows
that PAYGO legislation enacted in the
first session of the 113th Congress was
estimated to have PAYGO budgetary
effects that increased the deficit by an
average of $25 million each year from
2014 through 2018.3 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
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.
None of the bills enacted during the first session of
the 113th Congress had such a congressional
estimate and therefore OMB was required to
provide an estimate for all PAYGO laws enacted
during the session.
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over from prior sessions of the Congress
more than offset the deficit increases
being shown on the 5-year scorecard in
years 2014, 2015, and 2017, but would
add to the deficit increase in 2016. The
10-year PAYGO scorecard shows that
PAYGO legislation for the first session
of the 113th Congress increased the
deficit by an average of $7 million each
year from 2014 through 2023. Balances
from prior sessions more than offset the
deficit increases in years 2014 through
2022.
In the first session of the 113th
Congress, 21 laws were enacted that
were determined to constitute PAYGO
legislation. Of the 21 enacted PAYGO
laws, 9 laws were estimated to have
PAYGO budgetary effects (costs or
savings) in excess of $500,000 over one
or both of the 5-year or 10-year PAYGO
windows. These were:
• Consolidated and Further
Continuing Appropriations Act, 2013,
Public Law 113–6;
• Bonneville Unit Clean Hydropower
Facilitation Act, Public Law 113–20;
• Bureau of Reclamation Small
Conduit Hydropower Development and
Rural Jobs Act, Public Law 113–24;
• Department of Veterans Affairs
Expiring Authorities Act of 2013, Public
Law 113–37;
• Helium Stewardship Act of 2013,
Public Law 113–40;
• An Act to extend the period during
which Iraqis who were employed by the
United States Government in Iraq may
be granted special immigrant status and
to temporarily increase the fee or
surcharge for processing machinereadable nonimmigrant visas, Public
Law 113–42;
• Congressional Award Program
Reauthorization Act of 2013;
• Continuing Appropriations Act,
2014, Public Law 113–46; and
• National Defense Authorization Act
for Fiscal Year 2014, Public Law 113–
66.
Finally, in addition to the laws
identified above, 12 laws enacted in this
session were estimated to have
negligible budgetary effects—costs or
savings of less than $500,000 over both
the 5-year and 10-year PAYGO
windows.
II. Budgetary Effects Excluded From the
Scorecard Balances
Two laws enacted in the first session
of the 113th 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 113–28, the Bipartisan
Student Loan Certainty Act of 2013, and
Public Law 113–67, the Bipartisan
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4981
Federal Register / Vol. 79, No. 20 / Thursday, January 30, 2014 / Notices
Budget Act of 2013 and Pathway for
SGR Reform Act of 2013,4 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]
2014
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First Session of the
113th Congress ....
Balances from Previous Sessions ......
Ten-year PAYGO
Scorecard .............
2017
2018
25
¥9,994
¥9,969
2020
25
1,041
1,066
2021
25
¥839
¥814
2022
25
0
25
2023
7
7
7
7
7
7
7
7
7
7
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥8,215
¥1,844
¥1,134
0
¥8,209
¥8,209
¥8,209
¥8,209
¥8,209
¥8,209
¥8,209
¥1,838
¥1,128
7
The total net budgetary effects of all
PAYGO legislation enacted during the
first session of the 113th Congress on
the five-year scorecard increase the
deficit by $125 million. This total is
averaged over the years 2014 to 2018 on
the 5-year PAYGO scorecard, resulting
in $25 million in each year. Balances
carried over from prior sessions of the
Congress create savings in 2014 and
2015, resulting in total savings of $9,969
million in each of those years. However,
the balance carried over for 2016
increases the deficit by $1,041 million,
which results in a net cost on the 5-year
PAYGO scorecard in 2016 of $1,066
million. Balances in 2017 carried over
from the prior session added savings to
the scorecard which resulted in net
savings in that year of $814 million. The
five-year PAYGO window extended
only through 2017 in the second session
of the 112th Congress, so there were no
five-year scorecard balances in 2018 to
carry over.
The total 10-year net impact of
legislation enacted during the first
session of the 113th Congress had costs
of $65 million. The 10-year PAYGO
scorecard shows the total net impact
averaged over the 10-year period,
resulting in $7 million in costs every
year. Balances from prior sessions
added savings to the scorecard which
resulted in net savings of $8,209 million
in 2014 through 2020, $1,838 million in
2021, and $1,128 million in 2022. The
10-year PAYGO window extended only
through 2022 in the second session of
the 112th Congress, so there were no 10year scorecard balances in 2023 to carry
over.
4 The official title of Public Law 113–67, ‘‘Making
continuing appropriations for fiscal year 2014, and
VerDate Mar<15>2010
2016
25
¥9,994
¥9,969
2019
First Session of the 113th Congress ...........................................................................
Balances from Previous Sessions ...............................................................................
Five-year PAYGO Scorecard .......................................................................................
2014
2015
2016
2017
2018
2015
18:24 Jan 29, 2014
Jkt 232001
IV. Sequestration Order
ACTION:
As shown on the scorecards, the
budgetary effects of PAYGO legislation
enacted in the first session of the 113th
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 10year scorecard in the budget year, which
is 2014 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 2014 will be removed from the
scorecards that are used to record the
budgetary effects of PAYGO legislation
enacted in the second session of the
113th Congress. The totals shown in
2015 through 2023 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. 2014–01805 Filed 1–29–14; 8:45 am]
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Request for comment.
The NCUA intends to submit
the following information collection to
the Office of Management and Budget
(OMB) for review and clearance under
the Paperwork Reduction Act of 1995
(Pub. L. 104–13, 44 U.S.C. Chapter 35).
This information collection is published
to obtain comments from the public.
Contact information is collected from
corporate credit unions to allow for
supervision and communication.
SUMMARY:
Comments will be accepted until
March 31, 2014.
DATES:
Interested parties are
invited to submit written comments to
the NCUA Contact and the OMB
Reviewer listed below:
NCUA Contact: Tracy Crews, National
Credit Union Administration, 1775
Duke Street, Alexandria, VA 22314–
3428, Fax No. 703–837–2861, Email:
OCIOPRA@ncua.gov.
OMB Reviewer: Office of Management
and Budget, ATTN: Desk Officer for
the National Credit Union
Administration, Office of Information
and Regulatory Affairs, Washington,
DC 20503.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
NATIONAL CREDIT UNION
ADMINISTRATION
Agency Information Collection
Activities: Submission to OMB for
Reinstatement, With Change, of a
Previously Approved Collection;
Comment Request
Requests for additional information, a
copy of the information collection
request, or a copy of submitted
comments should be directed to Tracy
Crews at the National Credit Union
Administration, 1775 Duke Street,
Alexandria, VA 22314–3428, or at (703)
518–6444.
National Credit Union
Administration (NCUA).
SUPPLEMENTARY INFORMATION:
for other purposes,’’ refers to the bill’s original
provisions before it was amended to substitute the
provisions of the Bipartisan Budget Act and the
Pathway for SGR Reform Act.
AGENCY:
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]]>Agencies
[Federal Register Volume 79, Number 20 (Thursday, January 30, 2014)]
[Notices]
[Pages 4980-4981]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01805]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF MANAGEMENT AND BUDGET
2013 Statutory Pay-as-You-Go Act Annual Report
Authority: 2 U.S.C. 934
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.
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 first session of the 113th 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 2014,\1\ a
sequestration order under subsection 5(b) of the PAYGO Act, 2 U.S.C
Sec. 934(b), is not necessary.
---------------------------------------------------------------------------
\1\ References to years on the PAYGO scorecards are to fiscal
years.
---------------------------------------------------------------------------
No legislation was enacted with an emergency designation under
section 4(g) of the PAYGO Act, 2 U.S.C. 933(g), during the first
session of the 113th 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 first session of the
113th Congress. The authority for current policy adjustments expired as
of December 31, 2011. 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 11, ``Budget Concepts,'' of the Analytical
Perspectives volume of the 2014 Budget, https://www.whitehouse.gov/sites/default/files/omb/budget/fy2014/assets/concepts.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 first session of the 113th Congress was estimated to have PAYGO
budgetary effects that increased the deficit by an average of $25
million each year from 2014 through 2018.\3\ Balances carried over from
prior sessions of the Congress more than offset the deficit increases
being shown on the 5-year scorecard in years 2014, 2015, and 2017, but
would add to the deficit increase in 2016. The 10-year PAYGO scorecard
shows that PAYGO legislation for the first session of the 113th
Congress increased the deficit by an average of $7 million each year
from 2014 through 2023. Balances from prior sessions more than offset
the deficit increases in years 2014 through 2022.
---------------------------------------------------------------------------
\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. None of the bills enacted during the first
session of the 113th Congress had such a congressional estimate and
therefore OMB was required to provide an estimate for all PAYGO laws
enacted during the session.
---------------------------------------------------------------------------
In the first session of the 113th Congress, 21 laws were enacted
that were determined to constitute PAYGO legislation. Of the 21 enacted
PAYGO laws, 9 laws were estimated to have PAYGO budgetary effects
(costs or savings) in excess of $500,000 over one or both of the 5-year
or 10-year PAYGO windows. These were:
Consolidated and Further Continuing Appropriations Act,
2013, Public Law 113-6;
Bonneville Unit Clean Hydropower Facilitation Act, Public
Law 113-20;
Bureau of Reclamation Small Conduit Hydropower Development
and Rural Jobs Act, Public Law 113-24;
Department of Veterans Affairs Expiring Authorities Act of
2013, Public Law 113-37;
Helium Stewardship Act of 2013, Public Law 113-40;
An Act to extend the period during which Iraqis who were
employed by the United States Government in Iraq may be granted special
immigrant status and to temporarily increase the fee or surcharge for
processing machine-readable nonimmigrant visas, Public Law 113-42;
Congressional Award Program Reauthorization Act of 2013;
Continuing Appropriations Act, 2014, Public Law 113-46;
and
National Defense Authorization Act for Fiscal Year 2014,
Public Law 113-66.
Finally, in addition to the laws identified above, 12 laws enacted
in this session were estimated to have negligible budgetary effects--
costs or savings of less than $500,000 over both the 5-year and 10-year
PAYGO windows.
II. Budgetary Effects Excluded From the Scorecard Balances
Two laws enacted in the first session of the 113th 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 113-28, the Bipartisan Student
Loan Certainty Act of 2013, and Public Law 113-67, the Bipartisan
[[Page 4981]]
Budget Act of 2013 and Pathway for SGR Reform Act of 2013,\4\ 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.
---------------------------------------------------------------------------
\4\ The official title of Public Law 113-67, ``Making continuing
appropriations for fiscal year 2014, and for other purposes,''
refers to the bill's original provisions before it was amended to
substitute the provisions of the Bipartisan Budget Act and the
Pathway for SGR Reform Act.
---------------------------------------------------------------------------
III. PAYGO Scorecards
Statutory Pay-as-You-Go Scorecards
[In millions of dollars, negative amounts portray decreases in deficits]
----------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 2018
----------------------------------------------------------------------------------------------------------------
First Session of the 113th Congress...................... 25 25 25 25 25
Balances from Previous Sessions.......................... -9,994 -9,994 1,041 -839 0
Five-year PAYGO Scorecard................................ -9,969 -9,969 1,066 -814 25
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
--------------------------------------------------------------------------------------------------------------------------------------------------------
First Session of the 113th Congress....... 7 7 7 7 7 7 7 7 7 7
Balances from Previous Sessions........... -8,215 -8,215 -8,215 -8,215 -8,215 -8,215 -8,215 -1,844 -1,134 0
Ten-year PAYGO Scorecard.................. -8,209 -8,209 -8,209 -8,209 -8,209 -8,209 -8,209 -1,838 -1,128 7
--------------------------------------------------------------------------------------------------------------------------------------------------------
The total net budgetary effects of all PAYGO legislation enacted
during the first session of the 113th Congress on the five-year
scorecard increase the deficit by $125 million. This total is averaged
over the years 2014 to 2018 on the 5-year PAYGO scorecard, resulting in
$25 million in each year. Balances carried over from prior sessions of
the Congress create savings in 2014 and 2015, resulting in total
savings of $9,969 million in each of those years. However, the balance
carried over for 2016 increases the deficit by $1,041 million, which
results in a net cost on the 5-year PAYGO scorecard in 2016 of $1,066
million. Balances in 2017 carried over from the prior session added
savings to the scorecard which resulted in net savings in that year of
$814 million. The five-year PAYGO window extended only through 2017 in
the second session of the 112th Congress, so there were no five-year
scorecard balances in 2018 to carry over.
The total 10-year net impact of legislation enacted during the
first session of the 113th Congress had costs of $65 million. The 10-
year PAYGO scorecard shows the total net impact averaged over the 10-
year period, resulting in $7 million in costs every year. Balances from
prior sessions added savings to the scorecard which resulted in net
savings of $8,209 million in 2014 through 2020, $1,838 million in 2021,
and $1,128 million in 2022. The 10-year PAYGO window extended only
through 2022 in the second session of the 112th Congress, so there were
no 10-year scorecard balances in 2023 to carry over.
IV. Sequestration Order
As shown on the scorecards, the budgetary effects of PAYGO
legislation enacted in the first session of the 113th 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 2014 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 2014 will be removed from
the scorecards that are used to record the budgetary effects of PAYGO
legislation enacted in the second session of the 113th Congress. The
totals shown in 2015 through 2023 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. 2014-01805 Filed 1-29-14; 8:45 am]
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