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118569152
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Budget Review Board (2)
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118569152
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Budget Review Board (2)
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January 31, 1983 THE PRESIDENT'S BUDGET FREEZE AND REFORM PLAN President Reagan's budget is a 4-point plan to freeze federal spending -- taken as a whole -- in fiscal 1984 and to reduce the deficit by $558 billion in the 5 years from fiscal 1984-88. It provides for a 5% increase in fiscal 1984 spending over levels for the current year. Since that is the projected inflation rate -- the result is no increase in real terms: The President said in his State of the Union Address the budget must be prudent, fair, bipartisan and realistic: This budget meets those tests: It is prudent and based on realistic, even cautious; econ- omic assumptions; It has already won bipartisan acceptance on the Hill at least as the starting point for the give and take that always accompanies a Presidential budget request. Far from dismissing it (as some observers predicted), Democrats and Republicans in Congress see it as the basis for a 1984 budget resolution; -- The budget is fair. Spending restraint is applied both to defense and non-defense budgets. Contrary to some reports, defense is not the only category of spending marked for increase: Spending for high priority domestic programs will also rise, including Head Start (up 15%) displaced worker programs (380%) law enforcement (10%) ; foster care (11%); VA medical care (11%) and others. Defense spending will be sufficient to meet the President's goal of restoring our deterrent capability, but Secretary Weinberger did recommend $55 billion in savings that could be made without putting that goal in jeopardy and the President accepted that recommendation. The 4-point plan provides in part for: A 1-year freeze on federal pay and retirement (civilian and military) along with a 6-month freeze on Social Security COLAs (as recommended by the bipartisan SS commission) and related COLAs. Needs-tested entitlements reform to continue the effort to better target federal benefits to the truly needy while holding down costs in areas like health care; Defense savings of $55 billion ($47 billion in outlays) while protecting vital restoration of the U.S. deterrent. -- A deficit insurance policy through a standby-tax equivalent to 1% of taxable income to be imposed in fiscal 1986-88 only if the economy is growing, the budget freeze and reforms have been adopted and the projected '86 deficit exceeds 2.5% of GNP. Other items of interest Clean Air -- EPA will today announce preliminary finding that 113 counties are out of compliance. Not final determinations, these are subject to comment and review. Only after review will decision be made whether to apply sanctions (federal funds cut-off) as provided under the law. EPA plans to work with affected states to help bring them into compliance and; if possible, avoid imposition of sanctions. Truckers strike -- DOT will handle all inquiries; other agencies should refer questions to Transportation. WHITE HOUSE TALKING POINTS February 1, 1983 FAIRNESS OF THE PRESIDENT'S BUDGET REQUEST (Talking Points) Though total federal spending is virtually frozen in the President's budget, it does propose spending increases for high priority domestic programs -- not just the defense budget. Spending for the elderly, for example, will increase substan- tially -- rising to $234 billion in fiscal 1984. This includes retirement and income support programs, health care, nutrition and housing assistance, among others. While some program changes are proposed, the budget requests increased levels of spending in fiscal 1984 (over fiscal 1983) for such programs as Medicaid and subsidized housing for the needy. In addition, spending for other domestic programs increases in the President's budget. For example: -- Head Start (up 15%) ; -- Foster Care (up 11%) ; -- Veterans Medical care (up 11%) ; -- Displaced workers (up 380%). The proposed changes in entitlement programs will have little or no effect on typical beneficiaries -- but will, as have previous reforms, be designed to target benefits more precisely to those in true need. The fiscal 1984 budget continues to maintain the social safety net for low-income needy and the jobless. Spending for pro- grams to assist them will total $92.7 billion in fiscal 1984, up almost $15 billion -- or almost 20 percent -- from 1981. Even after adoption of proposed COLA freezes and system reforms, federal pension spending (for civil servants and social security) will rise. For additional information. call the White House Office of Public Affairs: Mike Baroody, Director: 456-7170. 3 THE SECRETARY OF DEFENSE OF DIFENSE WASHINGTON, THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA 19 SEP 1983 MEMORANDUM FOR MEMBERS OF THE BUDGET REVIEW BOARD SUBJECT: Development of Fiscal Year 1985 Budget Proposals This addresses your memorandum of August 30 requesting summary budget data for the Department of Defense based on the FY 1985 budget submission for the years FY 1984 to FY 1989. The Military Departments and the Defense Agencies are scheduled to input their respective FY 1985 budget requirements based on my summer program review decisions to this office on September 15. This conforms with the OMB approved schedule for the joint budget review of the FY 1985 submission. As you know, the OMB staff has for several years partici- pated jointly with the OSD staff in a comprehensive evaluation of the defense submission during the fall budget review. This will, of course, start on September 15 and OMB will be receiving the necessary budgetary information at the same time as my staff does. Since it will take some time thereafter to compile all the data requested for your analysis, I am transmitting the presiden- tially approved topline levels presented this past January, amended to incorporate the Scowcroft Commission recommendations. As the fall budget review progresses, we will keep the OMB staff up-to-date with the data you request. The review will continue through November, resulting in program mix changes, scheduling and program execution changes, further congressional action, pricing and any changes in the basic economic assumptions finally proposed in the President's budget. It is important in the case of the Defense budget to consider the distinction between discretionary programs, entitlement and mandatory programs, and all other budgeted items. This is the case because of the longstanding practice of the Congress to employ the concept of full funding when dealing with most defense investments. This policy governs DoD requests for budget authority in all procurement and much of the construction program. It requires us to include in such requests all costs, thus making the best estimate up-front of what is needed to complete the program over the several years that it takes to place the program in our force structure. Once such funding has been appropriated by the Congress, the policy does not require that all funds be obligated immediately. The obligation and expenditure of these funds are based on long leadtimes. These amounts are neither entitlements nor discretionary programs and therefore are counted 2 in the "all other" category of the required format. At the same time one must be aware of the need for this funding in order to meet the President's established national security goals and to meet the congressionally approved program goals. Also, it is a key aspect of this Administration's defense buildup to invest in defense programs utilizing such concepts as economic production rates, multiyear procurements and budgeting to most likely costs. These procedures can add budget authority initially that will in turn lead to much lower total acquisition costs and create more savings than would otherwise be achieved. After congressional action on the FY 1984 Defense budget is completed and signed into law, we will have the additional informa- tion to complete deliberations on the FY 1985 budget submission consistent with meeting the President's goals for our national defense. Enclosure Sm. & FY 1984 Amended President's Budget Department of Defense (in billions of dollars) FY FY FY FY FY FY 1984 1985 1986 1987 1988 1989 Discretionary Programs Budget Authority (Military & Civilian Pay Raises) - 4.3 8.2 12.5 17.3 N/A Outlays (Military & Civilian Pay Raises) - 4.3 8.2 12.5 17.3 N/A Entitlement and Mandatory Programs Target Levels Budget Authority (Total DoD Pay Base) 82.0 85.1 87.0 88.3 89.9 N/A Outlays (Total DoD Pay Base) 82.0 85.1 87.0 88.3 89.9 N/A (FY 83 & Prior Year Contracts) 84.3 39.1 16.1 8.7 5.3 N/A All Other Budget Authority (Non-pay DoD Programs) 190.0 232.2 261.2 287.5 317.1 N/A Outlays (Post FY 83 Prior Year Spending) - 62.7 109.9 135.4 153.0 N/A (Current Year Spending) 71.8 85.8 93.5 100.6 111.5 N/A Total, Department of Defense Budget Authority 272.0 321.6 356.4 388.3 424.3 N/A Outlays 238.1 277.0 314.7 345.5 377.0 N/A Enclosure THE WHITE HOUSE Budget Bd WASHINGTON CABINET AFFAIRS STAFFING MEMORANDUM DATE: July 14, 1983 NUMBER: 073491CA DUE BY: -- SUBJECT: BUDGET REVIEW BOARD MEETING: Consideration of USDA and Treasury Requests to Increase FY 1983 Export Credit Guarantee Level ACTION FYI ACTION FYI ALL CABINET MEMBERS Baker Vice President Deaver State Clark Treasury Darman (For WH Staffing) Defense Attorney General Harper Interior Jenkins Agriculture Duberstein Commerce Labor Rollins HHS HUD Transportation Energy Education Counsellor OMB CIA UN USTR CCCT/Gunn CCEA/Porter CCFA/Boggs CEA CCHR/Carleson CEQ OSTP CCLP/Uhlmann CCMA/Bledsoe CCNRE/Boggs REMARKS: Attached are materials for discussion in a Budget Review Board meeting scheduled for Wednesday, July 20. The meeting will be held in the Roosevelt Room at 4 pm for 30 minutes. Please contact Karen Hart at 456-2823 should you have any questions. Thanks. RETURN TO: Craig L. Fuller Becky Norton Dunlop Assistant to the President Director, Office of for Cabinet Affairs Cabinet Affairs 456-2823 456-2800 OFFICE WTM PRESIDENT STATES UNITED EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D.C. 20503 July 13, 1983 MEMORANDUM FOR: EDWIN MEESE III JAMES A. BAKER III DAVID A. STOCKMAN FROM: FREDERICK N. KHEDOUR ALTON G. KEEL, JR. SUBJECT: Budget Review Board Consideration of USDA and Treasury Requests to Increase FY 1983 Export Credit Guarantee Level Background: -- The Department of Agriculture has submitted a request for an increase in FY 1983 export credit guarantees of $668.7 million. -- This increase would be used for blended credits to a tentative list of eleven countries: Iraq, Indonesia, Algeria, Jordan, Peru, Ecuador, Venezuela, Lebanon, Egypt, Turkey, and Syria. -- The Treasury, on behalf of itself and State, has requested an increase of $500 million in export credit guarantees for FY 1983 for loans to Mexico that would augument prior credits in FY 1983 of $1.2 billion from CCC and $300 + 1 million from Ex-Im. -- This increase would be characterized as an "advance" on the FY 1984 commitment made by the U.S. as part of the current multilateral Mexican debt agreements. -- With these two requests -- totaling $1168.7 million -- USDA export credit guarantees would reach $6.32 billion for FY 1983; this represents an increase of 175 percent over the FY 1982 level of $2.4 billion. -- We have already increased this authority four times; three times at USDA request and once at Treasury request to accommodate special assistance to Mexico. (millions) Budget Table: 1983 USDA Treasury USDA & 1981 1982 (current) Request Request Treasury Export Credit Guarantees $1,500 $2,400 $5,150 $5,819 $5,650 $6,319 2 Justification for Increase (USDA): -- Would permit utilization of remaining direct lending authority for additional blended credit sales. -- Shortfall is the result of USDA's success at increasing ratio of guarantees to direct loans (i.e., reducing subsidy level on each transaction) and it would be unfair to penalize them. -- Additional credits would presumably increase U.S. export sales. Justification for Increase (Treasury): -- Government of Mexico believes that additional food and feedgrain imports are essential before end of this fiscal year; guarantees will be used for purchases already tentatively committed. -- U.S. embassy concurs in evaluation of dangerously low stock levels for important grains. -- Mexico will be unable to finance these imports without CCC guarantees. OMB Recommendation: -- We recommend that both requests be denied. Arguments Against USDA Request: -- USDA voluntarily elected to dispose of its guarantee authority for sales other than blended credit; thus the "shortfall" in guarantees is entirely of their own making and by itself no justification for an increase. -- Some of the proposed transactions involve high risk loans that may well default, ultimately creating huge budget outlays. -- USDA appears to operate on the premise that if they spend all of their guarantees before the end of the fiscal year, they automatically get an increase; this approach is antithetical to fundamental notions of budget discipline. -- None of the proposed blended credit sales represent efforts to counter EC subsidies, which was the intended purpose for which the President authorized creation of the program last year. 3 Arguments Against Treasury Request: -- Although characterized as an "advance" on the FY 1984 commitment, the provision of these guarantees will inevitably be followed by an additional amount in FY 1984 above and beyond current commitments. -- There is no clear evidence that Mexico is unable to reallocate existing credit resources to cover essential food imports. -- Mexico just rejected use of $1.1 billion in private bank credits; by demanding CCC guarantees, they appear to simply be "shopping" for the cheapest loan. GE 7b 7/19/83 Proposed Credit Sales Classified by Country and Purpose $ M 0 Meet Direct Foreign Subsidized Competition Algeria Wheat and dry edible beans $42.5 Jordan Wheat and rice 58.0 Lebanon Barley 1.5 Total 102.0 0 Develop Total Markets Turkey Soybeans 11.5 Syria Rice 34.0 Total 45.5 o Expand Export Markets Indonesia Corn, rice and soybeans 108.2 Algeria Corn 10.0 Peru Wheat, soybean oil and corn 104.2 Ecuador Rice, lentils and seeds 9.3 Egypt Wheat 24.0 Syria Wheat, corn, and soybean meal and oil 103.7 Unallocated Unspecified 20.0 Total 379.4 o Maintain Market/Balance of Payments Indonesia Cotton and wheat 50.5 Ecuador Wheat, other 6.4 Venezuela 1/ Corn/sorgum, soybean meal, wheat, vegetable oils, seed potatoes 308.0 Mexico 1/ Grains and other 500.0 Lebanon Corn and soybeans 31.0 Total 895.9 Grand Total 1,422.8 17 Guarantees only GE 7a 5/19/83 BLENDED CREDITS -- PURPOSES SUMMARY Extended Thus USDA Treasury Total, including Far Request Request Requests Purpose* $M % $M % $M % $M % 1. Compete with foreign subsidies 337 21% 102 11% -- -- 439 15% 2. Develop export markets 427 27% 46 5% : -- 473 16% 3. Expand export markets 533 34% 379 41% -- -- 912 30% 4. Maintain markets/balances of payments 280 18% 396 43% 500 100% 1,176 39% Total 1,577 100% 923 100% 500 100% 3,000 100% * As defined by USDA: - Compete with foreign subsidies by displacing subsidized sales of foreign competitors. - Develop export markets by initiating U.S. exports to a foreign country. - Expand export markets by increasing U.S. exports to a foreign country. - Maintain markets/balances of payments by helping a foreign country's financial status or cash flow. Attached are: o Proposed credits by country and purpose. o Blended credits extended thus far by country and purpose. GE 7c 5/25/83 NRD/DD Blended Credits Extended Thus Far in FY 83 By Purpose, By Country ($ in millions) 1. Compete with Foreign Subsidies (country displaced in parentheses) Egypt veg. oil (Brazil) 25 Iraq corn & barley (EC) 28 Jamaica wheat flour (EC) 1 Morocco wheat (France) 140 rice (Spain & Italy) 8 Portugal wheat (EC) 20 Tunisia wheat (EC) 50 livestock (EC) 5 Yugoslavia cotton (USSR) 60 Total 337 2. Develop export markets Brazil wheat 120 Egypt wheat 55 lumber 6 Iraq rice 160 seed corn 5 Phillipines wheat 18 Yemen wheat 55 rice 8 Total 427 PAGE 7c (cont) 3. Expand export markets Brazil wheat 40 Chile wheat 109 Egypt corn 40 tobacco 30 tallow 5 semen 2 Iraq wheat 197 eggs 30 Jamaica soybeans 8 lumber 7 rice 1 Pakistan soy oil & meal 25 Phillipines corn 18 Portugal cotton 5 Thailand soy oil & meal 10 Tunisia corn 6 Total 533 4. Maintain markets/balances of payments Bangladesh wheat 28 Dominican Republic hogs & wheat 3 Egypt corn 30 Iraq soy meal & protein 20 Jamaica corn 4 Korea cotton 50 corn 10 wheat 42 soybeans 28 Portugal grains 30 soybeans 15 Thailand cotton 20 Total 280 GRAND TOTAL 1,577 4/2 3 NRD Countries Receiving CCC Export Credit and On Treasury's PAGES Watch List of Economically Troubled Countries Credit Extended in Year: ($ in millions) Country 1981 1982 1983 Request Total A. Costa Rica 4 16 2 -- 22 Poland 639 26 -- -- 665 Romania 26 24 -- -- 50 Sierra Leone 1 -- -- -- 1 Sudan 30 -- -- -- 30 Zambia -- -- -- 8 8 B. Dominican Republic 28 60 4 10 102 Guatemala - - 1 -- -- 1 Mexico -- -- 1,200 -- 1,200 Morocco 51 76 198 -- 325 C. Chile -- -- 145 : 145 Egypt - - -- 310 5 315 Haiti - - -- 8 -- 8 Honduras 1 -- 3 -- 4 Jamaica 17 34 67 -- 118 Nigeria -- 2 -- 128 130 Peru 108 44 148 104 404 Yugoslavia - - -- 235 -- 235 D. Bangladesh -- -- 43 : 43 Brazil 198 283 415 30 926 Ecuador -- -- 65 16 81 El Salvador 14 27 24 -- 65 Hungary -- -- 42 -- 42 Indonesia -- -- -- 160 160 Iraq -- -- 440 90 530 Ivory Coast -- -- : 8 8 Jordan -- -- : 58 58 Pakistan 15 51 85 : 151 Panama -- - - 9 6 15 Philippines -- -- 40 13 If Venezuela -- -- 11 319 330 Total Principal 1,132 644 3,494 955 6,225 Total Liability 1,200 683 3,750 1,012 6,645 Document No. WHITE HOUSE STAFFING MEMORANDUM DATE: March 28 ACTION/CONCURRENCE/COMMENT DUE BY: BUDGET REVIEW BOARD MEETING RE JOBS BILL OFFSETS SUBJECT: ACTION FYI ACTION FYI VICE PRESIDENT GERGEN MEESE HARPER BAKER JENKINS DEAVER MURPHY STOCKMAN ROLLINS CLARK WHITTLESEY DARMAN P SS WILLIAMSON DUBERSTEIN VON DAMM FELDSTEIN BRADY/SPEAKES FIELDING ROGERS FULLER Remarks: The attached paper, prepared by OMB, is background for the 10:30 and 4:00 BRB meetings tomorrow, March 29th. Richard G. Darman Assistant to the President (x2702) Response: FISCAL YEAR 1984 OFFSETS TO JOBS BILL (H.R. 1718) INCREASES (Budget Authority in Millions) DEPARTMENT OF HEALTH AND HUMAN SERVICES HEALTH BLOCK GRANTS New FY 1984 Fiscal Fiscal Year 1983 Fiscal Year 1984 Change Year Continuing New Pending Proposed New From 1982 Resolution Jobs Bill FY 1983 Request Offset FY 1984 New FY 1983 OMB PROPOSALS: Health Block Grants 1,333 1,362* +205 1,567 1,362 -205 1,157 -410 HHS PROPOSALS: Health Block Grants: Primary Care (CHCs, etc.) 449 461 +70 531 461 0 461 -70 Maternal & Child Health 374 374 +105 479 374 0 374 -105 Alcohol, Drug Abuse and Mental Health 428 440 +30 470 440 0 440 -30 Prevention 82 86 0 86 86 0 86 0 Total, Health Blocks 1,333 1,362* +205 1,567 1,362 0** 1,362 -205 * OMB's FY 1983 number of $1,196 million includes only Community Health Centers and excludes categoricals proposed for inclusion in the Primary Care Block Grant in FY 1984 (Migrant Health - $38. 1m; Family Planning - $124. 1m; Black Lung Clinics - $3.1m). ** If of fsets must be taken, HHS recommends that they be taken in the Social Services Block Grant. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: HHS Program: Health Block Grants 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 1,196 1,362 1,362 1,362 1,362 1,362 8,006.0 Outlays 1,119 1,303 1,362 1,362 1,362 13,62 7,870.0 2) Jobs bill add-on Budget authority +205.0 --- --- --- --- --- +205.0 Outlays +104.5 +100.5 --- --- ---- ---- +205.0 3) OMB recommendation Budget authority --- -205.0 --- --- --- --- -205.0 Outlays --- -122.6 -82.4 ---- --- --- -205.0 4) Agency recommendation Budget authority No offsets recommended. Outlays OMB Position Agency Position o Implements President's offset policy. O No offsets recommended. If offsets must be taken, however, HHS recommends o President's FY 1984 Budget combines 4 block that offsets be taken in the Social grants -- Primary Care; Maternal and Child Services Block Grant account. Health; Alcohol Drug Abuse and Mental Health; and Preventive Health and Health Services -- which are separate accounts in FY 1983. The latter 3 block grants are included in the President's New Federalism package. o As a practical matter, increased FY 83 budget authority will largely be spent in FY 84 and a stronger economy will reduce the need for continuing high budget authority in FY 1984 March 29, 1983 275:115,78 OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: HHS Program: Social Services Block Grant and Community Services Block Grant 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 2,804 2,503 2,600 2,700 2,700 2,700 16,007 Outlays 2,930 2,599 2,600 2,900 2,700 2,700 16,229 2) Jobs bill add-on Budget authority 225.0 --- --- ----- ----- --- 225.0 Outlays 170.0 55.0 --- --- --- --- 225.0 3) OMB recommendation Budget authority --- -250.0 --- ------- --- --- -250.0 Outlays --- -173.8 -76.3 --- --- --- -250.0 4) Agency recommendation Budget authority --- -212.0 -212.0 ---- ---- ----- -424.0 Outlays --- -147.0 -212.0 -65.0 --- --- -424.0 OMB Position Agency Position O Implements President's offset policy. O No offsets recommended. If offsets must be taken, HHS recommends offsets against O Includes $25 million for the Community the Social Services Block Grant. Services Block Grant. O These programs are low priority and a stronger economy will reduce the need for continuing high budget authority in FY 84. March 29, 1983 89:115,78 FISCAL YEAR 1984 OFFSETS TO JOBS BILL (H.R. 1718) INCREASES (Budget Authority in Millions) DEPARTMENT OF HEALTH AND HUMAN SERVICES HEALTH BLOCK GRANTS New FY 1984 Fiscal Fiscal Year 1983 Fiscal Year 1984 Change Year Continuing New Pending Proposed New From 1982 Resolution Jobs Bill FY 1983 Request Offset FY 1984 New FY 1983 OMB PROPOSALS: Health Block Grants 1,333 1,362* +205 1,567 1,362 -205 1,157 -410 HHS PROPOSALS: Health Block Grants: Primary Care (CHCs, etc. ) 449 461 +70 531 461 0 461 -70 Maternal & Child Health 374 374 +105 479 374 0 374 -105 Alcohol, Drug Abuse and Mental Health 428 440 +30 470 440 0 440 -30 Prevention 82 86 0 86 86 0 86 0 Total, Health Blocks 1,333 1,362* +205 1,567 1,362 0** 1,362 -205 * OMB's FY 1983 number of $1,196 million includes only Community Health Centers and excludes categoricals proposed for inclusion in the Primary Care Block Grant in FY 1984 (Migrant Health - $38. 1m; Family Planning - $124.1m; Black Lung Clinics - $3.1m). ** If offsets must be taken, HHS recommends that they be taken in the Social Services Block Grant. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS I TABLE SUMMARY AND SUMMAR TABLE 1 OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS 1/ (in millions of dollars) 1983 1984 1985 1986 1987 1988 1983-88 1) Total in Title I: Budget authority 4,598.9 --- --- --- --- --- 4,598.8 Outlays 1,781.5 2,355.5 1,293.5 414.0 208.0 41.0 6,093.5 2) No offsets possible: Budget authority 583.5 --- --- --- --- --- 583.5 Outlays 208.4 208.7 78.5 53.7 28.2 6.0 583.5 3) OMB and agencies agree: Amount in bill: Budget authority 2,134.4 ---- ---- --- --- ---- 2,134.3 Outlays 1,158.6 1,266.0 443.5 161.6 101.1 -49.0 3,081.6 Amount offset: Budget authority --- -665.6 -346.9 -84.9 -93.0 -21.0 -1,211.4 Outlays --- -158.4 -322.1 -361.1 -335.9 -290.1 -1,467.6 4) OMB and agencies differ: Amount in bill: Budget authority +1,881.0 --- --- --- --- --- +1,881.0 Outlays 414.5 880.8 771.5 198.7 78.7 84.0 2,428.4 OMB recommendation: Budget authority ---- -1,686.6 +32.7 -66.7 -59.7 -37.0 -1,817.3 Outlays -62.0 -369.9 -673.9 -733.0 -271.5 -209.5 -2,319.8 Agency recommendation: Budget authority -50.0 +1.5 -258.5 -38.0 -33.0 -10.0 -388.0 Outlays --- -151.3 -220.8 -77.6 -21.0 +41.0 -387.7 1/ Includes budget authority resulting from overturn of subsidized housing deferral. March 28, 1983 500:115,78 II TABLE SUMMARY SUMMARY OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS 1/ (in millions of dollars) 1983 1984 1985 1986 1987 1988 TOTAL Total in bill: Budget authority 4,598.9 --- -- --- --- --- 4,598.8 Outlays 1,781.5 2,355.5 1,293.5 414.0 208.0 41.0 6,093.5 Proposed offsets: OMB: Budget authority ----- -2,319.9 -452.9 -154.4 -154.5 -68.0 -3,149.7 Outlays --- -717.9 -1,141.5 -1,207.5 -602.2 -460.9 -4,130.0 Agencies: Budget authority -55.0 -498.3 -565.4 -132.9 -136.0 -41.0 -1,428.6 Outlays -0.2 -377.4 -591.2 -496.4 -370.0 -277.3 -2,112.5 Net amounts added: OMB recommendation: Budget authority 4,598.9 -2,319.9 -452.9 -154.4 -154.5 -68.0 -1,449.1 Outlays 1,781.5 1,637.6 152.0 -793.5 -394.2 -419.9 1,963.5 Agencies: Budget authority 4,543.9 -498.3 -565.4 -132.9 -136.0 -41.0 3,170.2 Outlays 1,781.3 1,978.1 702.3 -82.4 -162.0 -236.3 3,981.0 1/ Excludes subsidized housing. March 28, 1983 165:115,78 LABOR OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Labor Program: Dislocated workers 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budget authority 25.0 240.0 240.0 240.0 240.0 240.0 1,225.0 Outlays 6.2 198.8 240.0 240.0 240.0 240.0 1,165.0 2. Jobs bill add-on Budget authority 85.0 --- ---- --- ---- 85.0 Outlays 21.3 63.8 --- --- --- --- 85.0 3. OMB recommendation Budget authority I 22.5 --- --- --- --- -22.5 Outlays --- 22.5 --- --- --- --- -22.5 4. Agency recommendation Budget authority Outlays No offset recommended. OMB Position Agency Position Implements President's offset policy. Public commitment to $240 level. Maintains President's announced program level for 1984, since outlays reflect The dislocated worker problem will not actual services provided. disappear and may get worse as technology Avoids 1984 outlay bulge and maintenance of advances; commitment should be maintained. steady state $240M program level proposed for 1985-88. Congressional priority. 1983 addition should be viewed as a form of advance funding since the extra resources cannot be spent in this year. Even with offset, 1983-88 spending will be $63M more than originally proposed. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Labor Program: Job Corps 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budget authority 585.6 585.6 585.6 585.6 585.6 585.6 3,513.6 Outlays 605.4 588.6 585.6 585.6 585.6 585.6 3,536.4 2. Jobs bill add-on Budget authority 32.4 ------ ---- ---- --- --- 32.4 Outlays 6.0 26.4 ---- ---- --- --- 32.4 3. OMB recommendation Budget authority ---- 32.4 ---- ---- --- -32.4 Outlays ---- 26.9 5.5 --- --- -32.4 4. Agency recommendation Budget authority Outlays No offset recommended. OMB Position Agency Position Implements President's offset policy. Add-on was intended to support increased Addition would create few new enrollments slot levels. DOL had supplied Congress in 1983; Job Corps is now at 105% of capacity. estimates of how slot levels could be Expansion would not be completed until increased with the add-on. next year and would create a permanent increase in budget costs. Actual construction budgeted for 1984 is 1984 capital budget is $32.2M. DOL has a limited and cannot be accelerated; a full 5-year capital plan from which it can choose offset will result in a reduction of slot projects that can be accelerated. If for levels below 1983. some reason some 1984 projects cannot be accelerated into 1983, we could consider putting part of the offset into 1985 or 1986. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Labor Program: Community Service Employment for Older Americans 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budget authority 282 consolidated grant in HHS 282.0 Outlays 278 211.5 489.5 2. Jobs bill add-on Budget authority 37.5 --- --- ---- --- --- 37.5 Outlays 9.4 28.1 ---- ----- --- --- 37.5 3. OMB recommendation Budget authority The added 1983 BA will be offset completely from the recommended Outlays appropriation for Human Development Services Administration on Aging. 4. Agency recommendation Budget authority Outlays No offset recommended. OMB Position Agency Position Implements President's offset policy. DOL states offset in conflict with assurances OMB gave to Secretary of Labor States will have the flexibility to use that the consolidation would not result resources in the consolidated program in a program decrease. to finance these programs according to local needs and on varying financing HHS objects to the offset but would accept schedules; an offset to the total does not it as a fall-back position. necessarily mean a reduction in program level. See sheet on HHS, Human Development Services, Administration on Aging. AGRICULTURE OFFSETTING OUTYEAR REDUCT NS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Agriculture Program: Rural water and waste disposal grants 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 125.0 90.0 90.0 90.0 90.0 90.0 575.0 Outlays 207.5 165.0 144.6 108.0 99.3 93.0 817.4 2) Jobs bill add-on Budget authority 150.0 150.0 Outlays 6.0 48.0 49.0 22.5 13.5 6.0 145.0 3) OMB recommendation Budget authority -30.0 -30.0 -30.0 -30.0 -30.0 -150.0 Outlays -1.2 -10.8 -20.0 -25.1 -27.8 -84.9 4) Agency recommendation Budget authority No offset recommended. Outlays OMB Position Agency Position Implements President's offset policy. Offsets for 84 and outyears are inconsistent with levels recommended for Assures rural communities of the same total this program in the New Federalism level of assistance over the 83-88 period as initiative for FY 84-88. provided in the New Federalism initiative. Contravenes commitments to rural The rural passthrough for this program under communities on funding levels thereby the New Federalism proposal continues to treat risking a loss of support for the New program like a categorical program. Federalism initiative. Consequently, States don't really lose any funding flexibility as a result of this action. March 28, 1983 27:115,78 OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Agriculture Program: Rural development insurance fund (water and sewer loans) 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority (350.0) (350.0) (350.0) (350.0) (350.0) Outlays 2) Jobs bill add-on Budget authority 450.0 --- --- --- --- --- 450.0 Outlays 45.0 135.0 135.0 67.5 45.0 18.0 445.5 3) OMB recommendation Budget authority --- (-90.0) (-90.0) (-90.0) (-90.0) (-90.0) (-450.0) Outlays ---- -9.0 -36.0 -63.0 -76.5 -85.5 -270.0 4) Agency recommendation Budget authority No offset recommended. Outlays OMB Position Agency Position o Implements President's offset policy. o Offsets for 84 and outyears are inconsistent with levels recommended for o Assures rural communities of the same total this program in the New Federalism level of assistance over the 83-88 period as initiative for FY 84-88. provided in the New Federalism initiative. o Contravenes commitments to rural o The rural passthrough for this program under communities on funding levels thereby the New Federalism proposal continues to risking a loss of support for the New treat program like a categorical program. Federalism initiative. Consequently, States don't really lose any funding flexibility as a result of this action. March 28, 1983 139:115,78 OFFSETTING OUTYEAR REDUC IONS TO JOBS BILL ADD-ONS (in millid of dollars) Agency: Agriculture Program: Watershed and flood prevention 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 96.6 101.6 101.6 101.6 101.6 Outlays 2) Jobs bill add-on Budget authority 107.5 --- --- --- ---- --- 107.5 Outlays 28.8 53.8 25.0 --- --- --- 107.5 3) OMB recommendation Budget authority --- -50.0 -19.2 -19.2 -19.2 --- -107.5 Outlays --- -13.4 -30.1 -26.3 -19.2 -14.0 -103.0 4) Agency recommendation Budget authority --- -15.0 -20.0 -20.0 -20.0 --- -75.0 Outlays --- -7.5 -17.5 -20.0 -20.0 -10.0 -75.0 OMB Position Agency Position o Implements President's offset policy. Limit offset to new construction. Don't offset rehabilitation of existing o Concur with no offset for emergency facilities ($25M), and emergency work restoration ($7.5M). restoring flood damage ($7.5M). o Oppose using any funds for rehabilitation of O Phaseout construction offset evenly existing projects - not currently authorized thereby avoiding a construction dip in and could set a costly precedent for the FY 84. future; use the $25M instead for authorized new construction. o Only about one-half of the $100M increase for FY 83 will likely be obligated in 83. Consequently the FY 84 recommended offset should not cut the $96M budgeted level. March 28, 1983 73:115,78 1 OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Agriculture Program: WIC "Whip Inflation Completely 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 1,092.6 1,092.6 1,092.6 1,092.6 1,092.6 1,092.6 Outlays 1,117.7 1,093.2 1,092.6 1,092.6 1,092.6 1,092.6 2) Jobs bill add-on Budget authority 100.0 ----- ------ ------------------------- ------ --- 100.0 Outlays 91.8 8.2 --- --- --- --- 100.0 3) OMB recommendation Budget authority ---- -100.0 --- --- --- --- -100.0 Outlays --- -91.8 -8.2 ---- --- --- -100.0 4) Agency recommendation Budget authority No offset recommended. Outlays OMB Position Agency Position O Implements President's offset policy. O No offset recommended. An 84 offset would further reduce participation levels. The FY 83 add-on was intended to supplement WIC funds, not accelerate scheduled 84 spending. March 28, 1983 66:115,78 HUD OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency Department of Housing and Urban Development Program: Community Development Block Grants 1983 1984 1985 1986 1987 1988 1983-88 (1) President's Budget: Budget authority 4,456.0 3,500.0 3,500.0 3,500.0 3,500.0 3,500.0 21,956.0 Outlays 3,545.0 3,906.0 4,004.0 3,567.0 3,500.0 3,500.0 22,022.0 (2) Jobs Bill Add-On: 2 250 250 250 Budget authority 1,000.0 -- 1,000.0 Outlays 20.0 380.0 530.0 70.0 -- I 1,000.0 (3) OMB Recommendation: Budget authority -- -1,000.0 -- | -- -- -1,000.0 Outlays -- -20.0 -380.0 -530.0 -70.0 -- -1,000.0 (4) Agency Recommendation: Budget authority No offset recommended. Outlays OMB Position Agency Position Implements President's offset policy. A $1 billion cut undermines President's New Federalism initiatives because the proposed Offset does not undermine commitment to States legislation would freeze CDBG funding at 1984 and localities; merely provides part of 1984 levels. funding one year ahead of time. Also undermines 1984 budget proposals for CDBG Current deficits need to be reduced -- not that: augmented by $1 billion. This is key to long-term recovery. a) make housing construction a new eligible activity, and b) mandate State assumption of State position of CDBG program (this is currently voluntary). Mayors and Governors will be outraged and accuse Administration of betraying commitment to cities and States. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in mill of dollars) Agency: Department of Housing and Urban Development Program: Urban Development Action Grants 1983 1984 1985 1986 1987 1988 1983-88 (1) President's Budget: Budget authority 440.0 196.0 440.0 440.0 440.0 440.0 2,396.0 Outlays 500.2 548.6 491.2 439.0 414.0 379.0 2,772.0 (2) Jobs Bill Add-On: Budget authority (244.0) -- -- -- -- -- ..... (244.0) Outlays 12.2 36.6 12.2 -- -- -61.0 --- (3) OMB Recommendation: Budget authority ..... No offset recommended. Outlays (4) Agency Recommendation: Budget authority --- 244.0 -- -- -- -- 244.0 Outlays -- 12.2 48.8 61.0 61.0 61.0 244.0 OMB Position Agency Position Implements President's offset policy. An additional $244 million is needed in 1984 to avoid 55% program cut. The $810 million 1983 program for UDAG is a massive (almost 2-1/2 times) expansion of the Cutting UDAG funds during recovery will reduce 1982 level of $337 million. HUD cannot prudently private investment by an estimated $1.5 billion and effectively manage this enormous program in many of our most distressed urban areas. increase. UDAG cut will be perceived as another anti-urban A substantial carryover of 1983 funds is likely. action. Obligations thus far for 1983 are running at 1982's low levels. With $680 million available for the last 7 months of this year, HUD will have With pending demand of over $1.2 billion for to obligate these funds at more than 3 times 1983 UDAG funds, there is no shortage of need their current rate. for Federal aid among distressed communities. With the probable carryover of 1983 funds, adding $244 million now to the President's 1984 request of $196 million will increase the 1984 UDAG program above the $440 million level planned for the next 5 years. TRANSPORTATION OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: DOT/UMTA Program: Urban Mass Transportation Fund - Formula Capital Funding (1984-88) 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 1692 1680 1735 1725 1620 1620 10,072 Outlays 1/ N/A N/A N/A N/A N/A N/A N/A 2) Jobs bill add-on Budget authority 85.7 -- -- ---- -- -- 85.7 Outlays 4.3 17.2 25.8 17.2 17.2 4.0 85.7 3) OMB recommendation Budget authority -- -85.7 -- -- -- -- -85.7 Outlays -- - 4.3 -17.2 -25.8 - -17.2 -17.2 -81.7 4 ) Agency recommendation Budget authority No offset recommended. Outlays 1/ Outlays are not available because these funds are a subset of a larger account from which the outlays can't be readily separated. OMB Position Agency Position Implements President's offset policy. Congress would be strongly opposed In 1984 DOT is offering to offset only 1% of to more offsets because current total 1983 jobs increases (+$1, 400M in 1983 1984 proposed levels are already obligation increases; -$20M in 1984 offsets). much lower than levels authorized 1983 jobs bill add-on for all UMTA is $362M in gas tax legislation. (obligations), while total multi-year offset Proposed offsets do not meet being asked by OMB is only $133M (37% of total Administration estimates of transit increase). capital needs ($50B over 10 years). Congress is not interested in phasing out Further cuts contradict operating subsidies; Administration proposal Administration commitment to will not be further damaged by cutting capital rebuild transit infrastructure. budget in 1984. Weakens Administration's position Even with proposed cut, UMTA capital budget on orderly phase out of operating increases 46% between 1982 and 1984. assistance, because phase out was Transit is local responsibility; much Federal justified on the basis of transit funding is spent inefficiently because maintaining capital assistance. it is "free". OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: HHS Program: Social Services Block Grant 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 2,804 2,503 2,600 2,700 2,700 2,700 16,007 Outlays 2,930 2,599 2,600 2,900 2,700 2,700 16,229 2) Jobs bill add-on Budget authority 225.0 --- --- --- --- --- 225.0 Outlays 170.0 55.0 --- --- --- --- 225.0 3) OMB recommendation Budget authority --- -250.0 --- --- --- --- -250.0 Outlays --- -173.8 -76.3 --- --- --- -250.0 4) Agency recommendation Budget authority --- -227.5 -227.5 --- --- --- -455.0 Outlays --- -151.0 -227.5 -76.5 --- --- -455.0 OMB Position Agency Position O Implements President's offset policy. o No offsets recommended because the Congressional FY 1983 add-on does not represent an acceleration of funds included in the FY 1984 budget. o If offsets must be taken, HHS recommends offset be taken against the Social Services Block Grant given the high priority of health programs. March 28. 1000 OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: HHS - Program: Health Block Grants 1983 . 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 1,196 1,362 1,362 1,362 1,362 1,362 8,006.0 Outlays 1,119 1,303 1,362 1,362 1,362 13,62 7,870.0 2) Jobs bill add-on Budget authority +205.0 --- --- ---- --- --- +205.0 Outlays +104.5 +100.5 --- --- --- --- +205.0 3) OMB recommendation Budget authority --- -205.0 --- --- ---- --- -205.0 Outlays i -122.6 -82.4 -- --- --- -205.0 4) Agency recommendation Budget authority No offsets recommended. Outlays OMB Position Agency Position o Implements President's offset policy. O No offsets recommended because the Congressional FY 1983 add-on does not O President's FY 1984 Budget combines 4 block represent an acceleration of funds grants -- Primary Care (Community and Home included in the FY 1984 budget. Health); Maternal and Child Health; Alcohol Drug Abuse and Mental Health; and O If offsets must be taken, however, HHS Preventive Health and Health Services -- recommends that offsets be taken in which are separate accounts in FY 1983. the Social Services Block Grant account. March 28, 1983 OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) gency: HHS rogram: Food and Drug Administration 1983 1984 1985 1986 1987 1988 1983-88 ) President's Budget Budget authority 355 386 386 386 386 386 2,285.0 Outlays 365 391 398 394 388 387 2,323.2 ) Jobs bill add-on Budget authority .9 --- --- - --- -- +.9 Outlays .1 .8 --- --- --- --- +.9 ) OMB recommendation Budget authority - -.9 --- --- --- --- -.9 - Outlays -.1 -.8 --- --- --- - -.9 ) Agency recommendation Budget authority No offset recommended. Outlays OMB Position Agency Position O Implements President's offset policy. O No offset recommended because the FY 1984 budget does not include funds for the same purpose as that included in the jobs bill; i.e., design of FDA facilities. We would be willing to accept the offset if the HHS fallback position is accepted in general. March 28, 1983 ACTIVITIES EDUCATION OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Education Program: College Work Study 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budget authority 540.0 850.0 850.0 850.0 850.0 850.0 4,790.0 Outlays 568.0 545.0 842.0 850.0 850.0 850.0 4,505.0 2. Jobs bill add-on Budyet authority 50.0 - --- I --- 50.0 Outlays 2.5 46.0 1.5 - - - 50.0 3. OMB recommendation Budget authority - -50.0 - - - -50.0 Outlays - -2.5 -46.0 -1.5 - ----- -50.0 4. Agency recommendation Budget authority No offset recommended. Outlays OMB Position Agency Position °Implements President's offset policy. °Undermines student aid budget and legislative strategy of °Reduction does not harm student aid proposals: level funding while program changes are sought. Even with reduction, 1984 BA is $800M, $260M over 1983 °Detracts from overall self-help approach, of which work study enacted and $210M over 1983 + Jobs Bill. $260M = 325,000 is a critical component. additional jobs. °Direct reduction of employment funds at a time when Other self-help aspects of program maintained (loans, unemployment is still projected to be high. family and student contributions, etc.). $50M reduction in $3.6B student aid account is only 1.4% reduction - level funding essentially maintained. Outyear funding not affected. °Reduction will meet congressional criticism (and earlier ED fears) that work-study increase was too much for colleges to absorb. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Education Program: Library construction 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budyet authority --- - -- - -------- --- ---- Outlays ----- ---- - -- - ---- ---- 2. Jobs bill add-on Budget authority 50.0 - - -- --- ---- 50.0 Outlays 5.0 13.5 24.5 7.0 / 50.0 3. OMB recommendation Budget authority No offset recommended. Outlays 4. Agency recommendation Budget authority -50.0 - ------ - - --- -50.0 Outlays - -5.0 -13.5 -24.5 -7.0 - -50.0 OMB Position Agency Position °Rescission would never be adopted; pending rescissions of °Increase is "excessive". $1.2B in ED are not being adopted now. "Rescission is the most direct response". This offset is in lieu of OMB proposed reductions in college work study and rehabilitation services. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Education Program: Impact Aid Construction 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budget authority 20.0 10.0 10.0 10.0 10.0 10.0 70.0 Outlays 58.4 24.6 18.6 12.2 10.0 10.0 133.7 2. Jobs bill add-on Budget authority 60.0 ---- ----- -- - 60.0 Outlays 6.0 16.2 29.4 8.4 - I 60.0 3. OMB recommendation Budget authority - -10.0 -10.0 -10.0 -10.0 -10.0 -50.0 Outlays - -1.0 -3.7 -8.6 -10.0 -10.0 -33.3 4. Agency recommendation Budget authority -5.0 -10.0 -10.0 -10.0 -10.0 -10.0 -55.0 Outlays -0.3 -11.6 -12.5 -10.7 -10.0 -10.0 -55.0 OMB Position Agency Position °Implements President's offset policy. °Agree with OMB offsets in 1984-1988. °Rescission would never be adopted; pending rescissions of °In addition, rescind $5M in 1983 in lieu of OMB proposed $1.2B in ED are not being adopted now. reductions in college work study and rehabilitation services. Still leaves $55M of add-on available; rescission might be adopted. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: Education Program: Rehabilitation Services and Handicapped Research/Projects with Industry 1/ 1983 1984 1985 1986 1987 1988 1983-88 1. President's Budget Budyet authority (estimates) 8.0 10.9 10.9 10.9 10.9 10.9 62.5 Outlays (estimates) 7.6 8.5 10.4 10.9 10.9 10.9 59.2 2. Jobs bill add-on Budget authority 5.0 - --- - 5.0 Outlays 0.5 4.0 0.5 - - - 5.0 3. OMB recommendation Budget authority -- -5.0 - -- -- | -5.0 Outlays -0.8 -3.4 -0.8 - ------ -5.0 4. Agency recommendation Budget authority No offset recommended. Outlays 1/ One sub-activity discretionary project in $1.0B account. OMB Position Agency Position °Implements President's offset policy. °Offset means reduction in this politically sensitive area of °Offset still allows $5.9M BA for 1984. education for the handicapped. °Offset of $5M out of $2.1B total (with handicapped °Offset upsets "credible case" ED has made, by level funding education account) in level-funded BA serving from 1983, that 1984 budget gives priority to handicapped. handicapped--only 1/4 of 1%--will not disrupt budget °Program has been "particularly effective" in placing disabled strategy of priority to the disabled. in jobs; is proposed for increase in 1984, implying more °First evaluation of this program is only now underway; placements in private sector employment. This increase effectiveness is unknown. should be maintained. AGENCIES OTHER INDEPENDENT OFFSETTING OUTYEAR REDU ONS TO JOBS BILL ADD-ONS (in millio f dollars) Agency: Small Business Administration (SBA) Program: Business Loan and Investment Fund 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 590.7* 241.0 291.0 185.0 128.0 67.0 1,502.7 Outlays 496.2 286.5 174.0 142.0 90.0 35.0 1,223.7 2) Jobs bill add-on Budget authority 52.0 --- --- --- --- --- 52.0 Outlays 26.0 24.0 -1.0 -3.0 -4.0 -5.0 37.0 3) OMB recommendation Budget authority ----- -3.5 -14.0 -17.5 -10.5 -7.0 -52.5 Outlays ---- -3.5 -14.0 -17.5 -10.5 -7.0 -52.5 4) Agency recommendation Budget authority --- ---- -11.0 -18.0 -13.0 -10.0 -52.0 Outlays --- --- -11.0 -18.0 -13.0 -10.0 -52.0 * Includes one-time additional $200 million for increased loan default repurchases. OMB Position Agency Position Implements President's offset policy by reducing Opposes credit level reductions 1984 loan guarantees from $2.65 billion to and argues that an offset can be $2.3 billion thus reducing outyear costs for obtained by re-estimating defaults on SBA guaranteed loans. guaranteed loan default repurchase rates downward for 1985-1988. SBA's proposed offset is a technical re-estimate, not a real offset. It is unreasonable to lower Through the Quality Lending Program, the default purchase rates 50% below current SBA believes the purchase rate can be levels (1982 rate was 33%) and 11% below reduced from 18.6% (1984 Budget) to historical rates (18.6%). Furthermore, current 16.5% in each of the years 1985-1988. projected default rates already have taken SBA's Banks will assume more responsibility quality lending initiative into consideration. for loans. The Administration's policy is not to set credit The OMB offset will reduce SBA's assistance to meet the demand. The guaranteed ability to meet credit demand, may program is still being maintained at a level to jeopardize the President's commit- meet the President's annual $500 million credit ment to minority business, may add to assistance for minorities. the perception that the Administra- tion is anti-small business, and will not be agreed to in Congress. ATTACHMENT Small Business Administration (SBA) Credit Levels -- Jobs Bill Impact and Offset Alternatives (in millions of dollars) Program: Business Loan and Investment Fund 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Direct Loans 260 41 41 41 41 41 465 Guaranteed Loans 3,350 2,650 2,300 1,700 1,000 1,000 12,000 TOTAL 3,610* 2,691 2,341 1,741 1,041 1,041 12,465 2) Jobs bill add-on Direct Loans 50 --- ---- ---- --- ----- 50 Guaranteed Loans 100 --- ----- ---- --- ---- 100 3) OMB recommendation Direct Loans --- ---- --- --- --- --- --- Guaranteed Loans ---- -350 ----- ----- --- ---- -350 4) Agency recommendation Direct Loans --- --- --- --- --- --- Guaranteed Loans --- --- --- --- ---- ---- * President's January Budget requested $2.72 billion -- $2.65 billion for loan guarantees and $73 million for direct loans -- but Congress denied request in March. OFFSETTING OUTYEAR REDUCTIONS TO JOBS BILL ADD-ONS (in millions of dollars) Agency: TVA Program: 1983 1984 1985 1986 1987 1988 1983-88 1) President's Budget Budget authority 1,166.0 883.5 810.3 761.5 666.3 820.9 5,108.5 Outlays 1,350.0 1,010.0 725.0 687.5 592.5 747.5 5,113.0 2) Jobs bill add-on Budget authority 40.0 ---- ---- --- 40.0 Outlays 31.0 9.0 --- 40.0 3) OMB recommendation Budget authority -40.0 --- -40.0 Outlays -40.0 -40.0 4) Agency recommendation Budget authority No offset recommended. Outlays OMB Position Agency Position TVA should use the $40 million in a manner Activities performed with Jobs Bill funding which accelerates higher priority activities which are activities which have a lower priority are currently planned under the President's 1984 than ongoing TVA programs funded from budget. Examples include: $10 million for appropriations. These funds will do accelerated construction of the new lock at Pick- maintenance that would not be done under wick Dam, construction of new chemical fertilizer TVA's limited appropriation financing. facilities, accelerated replacement of fertilizer tank cars, development of recreational facilities at the Land-between-the-Lakes and other sites, and acceleration of other programs, etc.