S.Con.Res. 63 (103rd): An original concurrent resolution setting forth the congressional budget for the United States Government for the fiscal ...

...years 1995, 1996, 1997, 1998, and 1999.

103rd Congress, 1993–1994. Text as of Mar 18, 1994 (Placed on Calendar in the Senate).

Status & Summary | PDF | Source: GPO

SCON 63 PCS1S

(Star Print)

Calendar No. 390

103d CONGRESS

2d Session

S. CON. RES. 63

[Report No. 103-238]

Setting forth the congressional budget for the United States Government for the fiscal years 1995, 1996, 1997, 1998, and 1999.

IN THE SENATE OF THE UNITED STATES

March 18, 1994

Mr. SASSER, from the Committee on the Budget, reported under authority of the order of the Senate of March 17, legislative day February 22, 1994, the following original concurrent resolution; which was placed on the calendar


CONCURRENT RESOLUTION

Setting forth the congressional budget for the United States Government for the fiscal years 1995, 1996, 1997, 1998, and 1999.

    Resolved by the Senate (the House of Representatives concurring),

SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 1995.

    (a) DECLARATION- The Congress determines and declares that this resolution is the concurrent resolution on the budget for fiscal year 1995, including the appropriate budgetary levels for fiscal years 1996, 1997, 1998, and 1999, as required by section 301 of the Congressional Budget Act of 1974.

    (b) TABLE OF CONTENTS- The table of contents for this concurrent resolution is as follows:

      Sec. 1. Concurrent resolution on the budget for fiscal year 1995.

TITLE I--LEVELS AND AMOUNTS

      Sec. 2. Recommended levels and amounts.

      Sec. 3. Debt increase as a measure of deficit.

      Sec. 4. Display of Federal Retirement Trust Fund balances.

      Sec. 5. Social Security.

      Sec. 6. Major functional categories.

TITLE II--BUDGETARY PROCEDURES

      Sec. 21. Sale of Government assets.

      Sec. 22. Social security fire wall point of order in the Senate.

      Sec. 23. Enforcing pay-as-you-go.

      Sec. 24. Deficit-neutral reserve fund in the Senate.

      Sec. 25. Enforcement procedures.

      Sec. 26. Exercise of rule-making powers.

TITLE III--SENSE OF CONGRESS PROVISIONS

      Sec. 31. Sense of the Congress regarding the budgetary accounting of health care reform.

      Sec. 32. Sense of the Congress on the costs of illegal immigration.

      Sec. 33. Sense of the Congress regarding baselines.

      Sec. 34. Sense of the Congress on economic assumptions.

      Sec. 35. Sense of the Congress regarding unfunded Federal mandates.

TITLE I--LEVELS AND AMOUNTS

SEC. 2. RECOMMENDED LEVELS AND AMOUNTS.

    The following budgetary levels are appropriate for the fiscal years 1995, 1996, 1997, 1998, and 1999:

      (1) FEDERAL REVENUES- (A) For purposes of comparison with the maximum deficit amount under sections 601(a)(1) and 606 of the Congressional Budget Act of 1974 and for purposes of the enforcement of this resolution--

        (i) The recommended levels of Federal revenues are as follows:

          Fiscalyear1995:$977,700,000,000.

          Fiscalyear1996:$1,031,200,000,000.

          Fiscalyear1997:$1,079,700,000,000.

          Fiscalyear1998:$1,136,400,000,000.

          Fiscalyear1999:$1,190,200,000,000.

        (ii) The amounts by which the aggregate levels of Federal revenues should be increased are as follows:

          Fiscal year 1995: $0.

          Fiscal year 1996: $0.

          Fiscal year 1997: $0.

          Fiscal year 1998: $0.

          Fiscal year 1999: $0.

        (iii) The amounts for Federal Insurance Contributions Act revenues for hospital insurance within the recommended levels of Federal revenues are as follows:

          Fiscal year 1995: $100,300,000,000.

          Fiscal year 1996: $106,300,000,000.

          Fiscal year 1997: $111,900,000,000.

          Fiscal year 1998: $117,830,000,000.

          Fiscal year 1999: $123,700,000,000.

      (B) For purposes of section 710 of the Social Security Act (excluding the receipts and disbursements of the Hospital Insurance Trust Fund)--

        (i) The recommended levels of Federal revenues are as follows:

          Fiscal year 1995: $877,500,000,000.

          Fiscal year 1996: $924,800,000,000.

          Fiscal year 1997: $967,800,000,000.

          Fiscalyear1998:$1,018,600,000,000.

          Fiscalyear1999:$1,066,500,000,000.

        (ii) The amounts by which the aggregate levels of Federal revenues should be increased are as follows:

          Fiscal year 1995: $0.

          Fiscal year 1996: $0.

          Fiscal year 1997: $0.

          Fiscal year 1998: $0.

          Fiscal year 1999: $0.

      (2) NEW BUDGET AUTHORITY- (A) For purposes of comparison with the maximum deficit amount under sections 601(a)(1) and 606 of the Congressional Budget Act of 1974 and for purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows:

        Fiscal year 1995: $1,242,400,000,000.

        Fiscal year 1996: $1,303,500,000,000.

        Fiscal year 1997: $1,368,600,000,000.

        Fiscal year 1998: $1,437,900,000,000.

        Fiscal year 1999: $1,509,600,000,000.

      (B) For purposes of section 710 of the Social Security Act (excluding the receipts and disbursements of the Hospital Insurance Trust Fund), the appropriate levels of total new budget authority are as follows:

        Fiscal year 1995: $1,149,200,000,000.

        Fiscal year 1996: $1,202,300,000,000.

        Fiscal year 1997: $1,257,000,000,000.

        Fiscal year 1998: $1,315,000,000,000.

        Fiscal year 1999: $1,372,300,000,000.

      (3) BUDGET OUTLAYS- (A) For purposes of comparison with the maximum deficit amount under sections 601(a)(1) and 606 of the Congressional Budget Act of 1974 and for purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows:

        Fiscal year 1995: $1,216,300,000,000.

        Fiscal year 1996: $1,283,200,000,000.

        Fiscal year 1997: $1,352,500,000,000.

        Fiscal year 1998: $1,412,000,000,000.

        Fiscal year 1999: $1,485,100,000,000.

      (B) For purposes of section 710 of the Social Security Act (excluding the receipts and disbursements of the Hospital Insurance Trust Fund), the appropriate levels of total budget outlays are as follows:

        Fiscal year 1995: $1,124,000,000,000.

        Fiscal year 1996: $1,183,200,000,000.

        Fiscal year 1997: $1,241,900,000,000.

        Fiscal year 1998: $1,290,700,000,000.

        Fiscal year 1999: $1,349,600,000,000.

      (4) DEFICITS- (A) For purposes of comparison with the maximum deficit amount under sections 601(a)(1) and 606 of the Congressional Budget Act of 1974 and for purposes of the enforcement of this resolution, the amounts of the deficits are as follows:

        Fiscal year 1995: $238,600,000,000.

        Fiscal year 1996: $252,000,000,000.

        Fiscal year 1997: $272,800,000,000.

        Fiscal year 1998: $275,600,000,000.

        Fiscal year 1999: $294,900,000,000.

      (B) For purposes of section 710 of the Social Security Act (excluding the receipts and disbursements of the Hospital Insurance Trust Fund), the amounts of the deficits are as follows:

        Fiscal year 1995: $246,600,000,000.

        Fiscal year 1996: $258,300,000,000.

        Fiscal year 1997: $274,100,000,000.

        Fiscal year 1998: $272,100,000,000.

        Fiscal year 1999: $283,100,000,000.

      (5) PUBLIC DEBT- The appropriate levels of the public debt are as follows:

        Fiscal year 1995: $4,963,600,000,000.

        Fiscal year 1996: $5,278,800,000,000.

        Fiscal year 1997: $5,611,200,000,000.

        Fiscal year 1998: $5,945,400,000,000.

        Fiscal year 1999: $6,289,700,000,000.

      (6) DIRECT LOAN OBLIGATIONS- The appropriate levels of total new direct loan obligations are as follows:

        Fiscal year 1995: $26,700,000,000.

        Fiscal year 1996: $32,100,000,000.

        Fiscal year 1997: $33,800,000,000.

        Fiscal year 1998: $35,700,000,000.

        Fiscal year 1999: $37,800,000,000.

      (7) PRIMARY LOAN GUARANTEE COMMITMENTS- The appropriate levels of new primary loan guarantee commitments are as follows:

        Fiscal year 1995: $199,700,000,000.

        Fiscal year 1996: $174,400,000,000.

        Fiscal year 1997: $164,600,000,000.

        Fiscal year 1998: $164,100,000,000.

        Fiscal year 1999: $163,500,000,000.

SEC. 3. DEBT INCREASE AS A MEASURE OF DEFICIT.

    The amounts of the increase in the public debt subject to limitation are as follows:

      Fiscal year 1995: $306,700,000,000.

      Fiscal year 1996: $315,200,000,000.

      Fiscal year 1997: $332,400,000,000.

      Fiscal year 1998: $334,200,000,000.

      Fiscal year 1999: $344,200,000,000.

SEC. 4. DISPLAY OF FEDERAL RETIREMENT TRUST FUND BALANCES.

    The balances of the Federal retirement trust funds are as follows:

      Fiscal year 1995: $1,161,100,000,000.

      Fiscal year 1996: $1,275,200,000,000.

      Fiscal year 1997: $1,396,900,000,000.

      Fiscal year 1998: $1,524,200,000,000.

      Fiscal year 1999: $1,651,300,000,000.

SEC. 5. SOCIAL SECURITY.

    (a) SOCIAL SECURITY REVENUES- For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974, the amounts of revenues of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows:

      Fiscal year 1995: $360,500,000,000.

      Fiscal year 1996: $379,600,000,000.

      Fiscal year 1997: $399,000,000,000.

      Fiscal year 1998: $419,500,000,000.

      Fiscal year 1999: $439,800,000,000.

    (b) SOCIAL SECURITY OUTLAYS- For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974, the amounts of outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows:

      Fiscal year 1995: $287,600,000,000.

      Fiscal year 1996: $301,300,000,000.

      Fiscal year 1997: $312,300,000,000.

      Fiscal year 1998: $324,400,000,000.

      Fiscal year 1999: $337,000,000,000.

SEC. 6. MAJOR FUNCTIONAL CATEGORIES.

    The Congress determines and declares that the appropriate levels of new budget authority, budget outlays, new direct loan obligations, and new primary loan guarantee commitments for fiscal years 1995 through 1999 for each major functional category are:

      (1) National Defense (050):

        Fiscal year 1995:

          (A) New budget authority, $263,800,000,000.

          (B) Outlays, $270,700,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $255,300,000,000.

          (B) Outlays, $261,000,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $252,000,000,000.

          (B) Outlays, $256,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $258,700,000,000.

          (B) Outlays, $256,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $265,100,000,000.

          (B) Outlays, $257,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (2) International Affairs (150):

        Fiscal year 1995:

          (A) New budget authority, $19,300,000,000.

          (B) Outlays, $18,100,000,000.

          (C) New direct loan obligations, $3,200,000,000.

          (D) New primary loan guarantee commitments, $18,000,000,000.

        Fiscal year 1996:

          (A) New budget authority, $17,200,000,000.

          (B) Outlays, $17,300,000,000.

          (C) New direct loan obligations, $2,800,000,000.

          (D) New primary loan guarantee commitments, $18,500,000,000.

        Fiscal year 1997:

          (A) New budget authority, $17,000,000,000.

          (B) Outlays, $17,300,000,000.

          (C) New direct loan obligations, $2,600,000,000.

          (D) New primary loan guarantee commitments, $18,500,000,000.

        Fiscal year 1998:

          (A) New budget authority, $16,800,000,000.

          (B) Outlays, $17,600,000,000.

          (C) New direct loan obligations, $2,400,000,000.

          (D) New primary loan guarantee commitments, $18,500,000,000.

        Fiscal year 1999:

          (A) New budget authority, $17,000,000,000.

          (B) Outlays, $17,500,000,000.

          (C) New direct loan obligations, $2,400,000,000.

          (D) New primary loan guarantee commitments, $16,500,000,000.

      (3) General Science, Space, and Technology (250):

        Fiscal year 1995:

          (A) New budget authority, $17,300,000,000.

          (B) Outlays, $17,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $17,200,000,000.

          (B) Outlays, $17,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $17,300,000,000.

          (B) Outlays, $17,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $17,400,000,000.

          (B) Outlays, $17,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $17,600,000,000.

          (B) Outlays, $17,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (4) Energy (270):

        Fiscal year 1995:

          (A) New budget authority, $6,300,000,000.

          (B) Outlays, $5,000,000,000.

          (C) New direct loan obligations, $1,400,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $5,900,000,000.

          (B) Outlays, $5,200,000,000.

          (C) New direct loan obligations, $1,500,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $5,900,000,000.

          (B) Outlays, $5,000,000,000.

          (C) New direct loan obligations, $1,500,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $6,100,000,000.

          (B) Outlays, $4,700,000,000.

          (C) New direct loan obligations, $1,500,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $5,700,000,000.

          (B) Outlays, $4,400,000,000.

          (C) New direct loan obligations, $1,500,000,000.

          (D) New primary loan guarantee commitments, $0.

      (5) Natural Resources and Environment (300):

        Fiscal year 1995:

          (A) New budget authority, $21,700,000,000.

          (B) Outlays, $21,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $22,200,000,000.

          (B) Outlays, $21,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $22,100,000,000.

          (B) Outlays, $21,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $22,000,000,000.

          (B) Outlays, $21,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $21,600,000,000.

          (B) Outlays, $21,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (6) Agriculture (350):

        Fiscal year 1995:

          (A) New budget authority, $12,300,000,000.

          (B) Outlays, $11,600,000,000.

          (C) New direct loan obligations, $10,100,000,000.

          (D) New primary loan guarantee commitments, $7,400,000,000.

        Fiscal year 1996:

          (A) New budget authority, $12,500,000,000.

          (B) Outlays, $11,400,000,000.

          (C) New direct loan obligations, $9,700,000,000.

          (D) New primary loan guarantee commitments, $7,400,000,000.

        Fiscal year 1997:

          (A) New budget authority, $13,000,000,000.

          (B) Outlays, $11,700,000,000.

          (C) New direct loan obligations, $9,700,000,000.

          (D) New primary loan guarantee commitments, $7,400,000,000.

        Fiscal year 1998:

          (A) New budget authority, $13,200,000,000.

          (B) Outlays, $12,000,000,000.

          (C) New direct loan obligations, $9,800,000,000.

          (D) New primary loan guarantee commitments, $7,400,000,000.

        Fiscal year 1999:

          (A) New budget authority, $13,700,000,000.

          (B) Outlays, $12,500,000,000.

          (C) New direct loan obligations, $9,900,000,000.

          (D) New primary loan guarantee commitments, $7,400,000,000.

      (7) Commerce and Housing Credit (370):

        Fiscal year 1995:

          (A) New budget authority, $7,700,000,000.

          (B) Outlays, -$8,300,000,000.

          (C) New direct loan obligations, $2,800,000,000.

          (D) New primary loan guarantee commitments, $117,900,000,000.

        Fiscal year 1996:

          (A) New budget authority, $5,300,000,000.

          (B) Outlays, -$10,800,000,000.

          (C) New direct loan obligations, $3,000,000,000.

          (D) New primary loan guarantee commitments, $103,200,000,000.

        Fiscal year 1997:

          (A) New budget authority, $5,100,000,000.

          (B) Outlays, -$3,400,000,000.

          (C) New direct loan obligations, $3,100,000,000.

          (D) New primary loan guarantee commitments, $95,900,000,000.

        Fiscal year 1998:

          (A) New budget authority, $5,200,000,000.

          (B) Outlays, -$2,900,000,000.

          (C) New direct loan obligations, $3,200,000,000.

          (D) New primary loan guarantee commitments, $96,600,000,000.

        Fiscal year 1999:

          (A) New budget authority, $6,200,000,000.

          (B) Outlays, -$900,000,000.

          (C) New direct loan obligations, $3,400,000,000.

          (D) New primary loan guarantee commitments, $99,500,000,000.

      (8) Transportation (400):

        Fiscal year 1995:

          (A) New budget authority, $42,900,000,000.

          (B) Outlays, $38,800,000,000.

          (C) New direct loan obligations, $100,000,000.

          (D) New primary loan guarantee commitments, $500,000,000.

        Fiscal year 1996:

          (A) New budget authority, $41,800,000,000.

          (B) Outlays, $39,600,000,000.

          (C) New direct loan obligations, $100,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $43,200,000,000.

          (B) Outlays, $40,100,000,000.

          (C) New direct loan obligations, $100,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $44,000,000,000.

          (B) Outlays, $40,300,000,000.

          (C) New direct loan obligations, $100,000,000.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $44,600,000,000.

          (B) Outlays, $40,500,000,000.

          (C) New direct loan obligations, $100,000,000.

          (D) New primary loan guarantee commitments, $0.

      (9) Community and Regional Development (450):

        Fiscal year 1995:

          (A) New budget authority, $9,500,000,000.

          (B) Outlays, $9,300,000,000.

          (C) New direct loan obligations, $2,200,000,000.

          (D) New primary loan guarantee commitments, $3,600,000,000.

        Fiscal year 1996:

          (A) New budget authority, $9,000,000,000.

          (B) Outlays, $8,900,000,000.

          (C) New direct loan obligations, $2,200,000,000.

          (D) New primary loan guarantee commitments, $3,600,000,000.

        Fiscal year 1997:

          (A) New budget authority, $9,000,000,000.

          (B) Outlays, $9,000,000,000.

          (C) New direct loan obligations, $2,200,000,000.

          (D) New primary loan guarantee commitments, $3,600,000,000.

        Fiscal year 1998:

          (A) New budget authority, $9,000,000,000.

          (B) Outlays, $9,100,000,000.

          (C) New direct loan obligations, $2,200,000,000.

          (D) New primary loan guarantee commitments, $3,600,000,000.

        Fiscal year 1999:

          (A) New budget authority, $9,000,000,000.

          (B) Outlays, $9,000,000,000.

          (C) New direct loan obligations, $2,200,000,000.

          (D) New primary loan guarantee commitments, $3,600,000,000.

      (10) Education, Training, Employment, and Social Services (500):

        Fiscal year 1995:

          (A) New budget authority, $57,600,000,000.

          (B) Outlays, $53,600,000,000.

          (C) New direct loan obligations, $5,500,000,000.

          (D) New primary loan guarantee commitments, $19,000,000,000.

        Fiscal year 1996:

          (A) New budget authority, $58,200,000,000.

          (B) Outlays, $55,500,000,000.

          (C) New direct loan obligations, $11,500,000,000.

          (D) New primary loan guarantee commitments, $14,000,000,000.

        Fiscal year 1997:

          (A) New budget authority, $59,900,000,000.

          (B) Outlays, $58,100,000,000.

          (C) New direct loan obligations, $13,200,000,000.

          (D) New primary loan guarantee commitments, $13,200,000,000.

        Fiscal year 1998:

          (A) New budget authority, $61,700,000,000.

          (B) Outlays, $60,600,000,000.

          (C) New direct loan obligations, $15,100,000,000.

          (D) New primary loan guarantee commitments, $12,300,000,000.

        Fiscal year 1999:

          (A) New budget authority, $63,200,000,000.

          (B) Outlays, $62,200,000,000.

          (C) New direct loan obligations, $16,800,000,000.

          (D) New primary loan guarantee commitments, $11,200,000,000.

      (11) Health (550):

        Fiscal year 1995:

          (A) New budget authority, $123,800,000,000.

          (B) Outlays, $122,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $400,000,000.

        Fiscal year 1996:

          (A) New budget authority, $136,600,000,000.

          (B) Outlays, $135,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $300,000,000.

        Fiscal year 1997:

          (A) New budget authority, $150,900,000,000.

          (B) Outlays, $149,800,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $200,000,000.

        Fiscal year 1998:

          (A) New budget authority, $166,600,000,000.

          (B) Outlays, $165,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $100,000,000.

        Fiscal year 1999:

          (A) New budget authority, $184,100,000,000.

          (B) Outlays, $182,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (12) Medicare (570):

        Fiscal year 1995:

          (A) New budget authority, $162,400,000,000.

          (B) Outlays, $160,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $180,500,000,000.

          (B) Outlays, $178,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $198,500,000,000.

          (B) Outlays, $196,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $217,700,000,000.

          (B) Outlays, $215,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $242,300,000,000.

          (B) Outlays, $239,000,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (13) For purposes of section 710 of the Social Security Act, Federal Supplementary Medical Insurance Trust Fund:

        Fiscal year 1995:

          (A) New budget authority, $56,000,000,000.

          (B) Outlays, $55,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $65,200,000,000.

          (B) Outlays, $64,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $73,300,000,000.

          (B) Outlays, $72,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $81,300,000,000.

          (B) Outlays, $80,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $92,200,000,000.

          (B) Outlays, $90,900,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (14) Income Security (600):

        Fiscal year 1995:

          (A) New budget authority, $219,900,000,000.

          (B) Outlays, $220,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $234,500,000,000.

          (B) Outlays, $229,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $249,100,000,000.

          (B) Outlays, $242,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $261,000,000,000.

          (B) Outlays, $253,000,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $272,600,000,000.

          (B) Outlays, $264,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (15) Social Security (650):

        Fiscal year 1995:

          (A) New budget authority, $6,800,000,000.

          (B) Outlays, $9,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $6,300,000,000.

          (B) Outlays, $9,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $8,300,000,000.

          (B) Outlays, $11,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $9,000,000,000.

          (B) Outlays, $12,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $9,800,000,000.

          (B) Outlays, $13,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (16) Veterans Benefits and Services (700):

        Fiscal year 1995:

          (A) New budget authority, $37,200,000,000.

          (B) Outlays, $36,600,000,000.

          (C) New direct loan obligations, $1,400,000,000.

          (D) New primary loan guarantee commitments, $32,900,000,000.

        Fiscal year 1996:

          (A) New budget authority, $37,600,000,000.

          (B) Outlays, $36,600,000,000.

          (C) New direct loan obligations, $1,300,000,000.

          (D) New primary loan guarantee commitments, $27,400,000,000.

        Fiscal year 1997:

          (A) New budget authority, $38,500,000,000.

          (B) Outlays, $38,300,000,000.

          (C) New direct loan obligations, $1,400,000,000.

          (D) New primary loan guarantee commitments, $25,800,000,000.

        Fiscal year 1998:

          (A) New budget authority, $38,600,000,000.

          (B) Outlays, $38,500,000,000.

          (C) New direct loan obligations, $1,400,000,000.

          (D) New primary loan guarantee commitments, $25,600,000,000.

        Fiscal year 1999:

          (A) New budget authority, $39,700,000,000.

          (B) Outlays, $39,600,000,000.

          (C) New direct loan obligations, $1,500,000,000.

          (D) New primary loan guarantee commitments, $25,300,000,000.

      (17) Administration of Justice (750):

        Fiscal year 1995:

          (A) New budget authority, $18,300,000,000.

          (B) Outlays, $17,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $20,800,000,000.

          (B) Outlays, $19,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $21,600,000,000.

          (B) Outlays, $20,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $22,700,000,000.

          (B) Outlays, $22,000,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $24,000,000,000.

          (B) Outlays, $23,000,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (18) General Government (800):

        Fiscal year 1995:

          (A) New budget authority, $14,000,000,000.

          (B) Outlays, $13,700,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $13,500,000,000.

          (B) Outlays, $14,700,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $13,400,000,000.

          (B) Outlays, $13,900,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $13,100,000,000.

          (B) Outlays, $13,400,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $13,500,000,000.

          (B) Outlays, $13,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (19) Net Interest (900):

        Fiscal year 1995:

          (A) New budget authority, $247,100,000,000.

          (B) Outlays, $247,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $267,100,000,000.

          (B) Outlays, $267,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $282,500,000,000.

          (B) Outlays, $282,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $297,900,000,000.

          (B) Outlays, $297,900,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $314,700,000,000.

          (B) Outlays, $314,700,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (20) For purposes of section 710 of the Social Security Act, Net Interest (900):

        Fiscal year 1995:

          (A) New budget authority, $257,600,000,000.

          (B) Outlays, $257,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, $277,800,000,000.

          (B) Outlays, $277,800,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, $293,300,000,000.

          (B) Outlays, $293,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, $308,500,000,000.

          (B) Outlays, $308,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, $324,500,000,000.

          (B) Outlays, $324,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (21) The corresponding levels of gross interest on the public debt are as follows:

        Fiscal year 1995: $311,800,000,000.

        Fiscal year 1996: $331,100,000,000.

        Fiscal year 1997: $347,400,000,000.

        Fiscal year 1998: $364,600,000,000.

        Fiscal year 1999: $383,300,000,000.

      (22) Allowances (920):

        Fiscal year 1995:

          (A) New budget authority, -$9,400,000,000.

          (B) Outlays, -$12,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, -$7,700,000,000.

          (B) Outlays, -$3,000,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, -$8,400,000,000.

          (B) Outlays, -$5,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, -$11,600,000,000.

          (B) Outlays, -$11,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, -$23,200,000,000.

          (B) Outlays, -$14,800,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (23) Undistributed Offsetting Receipts (950):

        Fiscal year 1995:

          (A) New budget authority, -$36,100,000,000.

          (B) Outlays, -$36,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, -$30,300,000,000.

          (B) Outlays, -$30,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, -$30,300,000,000.

          (B) Outlays, -$30,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, -$31,200,000,000.

          (B) Outlays, -$31,200,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, -$31,600,000,000.

          (B) Outlays, -$31,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

      (24) For purposes of section 710 of the Social Security Act, Undistributed Offsetting Receipts (950):

        Fiscal year 1995:

          (A) New budget authority, -$33,500,000,000.

          (B) Outlays, -$33,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1996:

          (A) New budget authority, -$27,100,000,000.

          (B) Outlays, -$27,100,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1997:

          (A) New budget authority, -$27,600,000,000.

          (B) Outlays, -$27,600,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1998:

          (A) New budget authority, -$28,300,000,000.

          (B) Outlays, -$28,300,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

        Fiscal year 1999:

          (A) New budget authority, -$28,500,000,000.

          (B) Outlays, -$28,500,000,000.

          (C) New direct loan obligations, $0.

          (D) New primary loan guarantee commitments, $0.

TITLE II--BUDGETARY PROCEDURES

SEC. 21. SALE OF GOVERNMENT ASSETS.

    (a) SENSE OF THE CONGRESS- It is the sense of the Congress that--

      (1) from time to time the United States Government should sell assets; and

      (2) the amounts realized from such asset sales will not recur on an annual basis and do not reduce the demand for credit.

    (b) FINDING- The Congress finds that every budget resolution since that for fiscal year 1988 has included language prohibiting counting in the budget process the amounts realized from asset sales (other than loan assets).

    (c) BUDGETARY TREATMENT- For purposes of points of order under this concurrent resolution and the Congressional Budget and Impoundment Control Act of 1974, the amounts realized from sales of assets (other than loan assets) shall not be scored with respect to the level of budget authority, outlays, or revenues.

    (d) DEFINITIONS- For purposes of this section--

      (1) the term ‘sale of an asset’ shall have the same meaning as under section 250(c)(21) of the Balanced Budget and Emergency Deficit Control Act of 1985 (as amended by the Budget Enforcement Act of 1990); and

      (2) the term shall not include asset sales mandated by law before September 18, 1987, and routine, ongoing asset sales at levels consistent with agency operations in fiscal year 1986.

    (e) SUNSET- Subsections (a) through (d) of this section shall expire September 30, 1998.

    (f) CONFORMING AMENDMENT- Section 8 of House Concurrent Resolution 64 (103d Congress), section 8 of House Concurrent Resolution 287 (102d Congress), section 7 of House Concurrent Resolution 121 (102d Congress), section 5 of House Concurrent Resolution 310 (101st Congress), section 6 of House Concurrent Resolution 106 (101st Congress), section 4 of House Concurrent Resolution 268 (100th Congress), and sections 7 and 8 of House Concurrent Resolution 93 (100th Congress) are repealed.

SEC. 22. SOCIAL SECURITY FIRE WALL POINT OF ORDER IN THE SENATE.

    (a) FINDING- The Senate finds that the concurrent resolutions on the budget for fiscal years 1993 and 1994 have prohibited subsequent concurrent resolutions on the budget from decreasing the balances of the social security trust fund.

    (b) APPLICATION OF SECTION 301(i)- Notwithstanding any other rule of the Senate, in the Senate, the point of order established under section 301(i) of the Congressional Budget Act of 1974 shall apply to any concurrent resolution on the budget for any fiscal year (as reported and as amended), amendments thereto, or any conference report thereon.

    (c) CONFORMING AMENDMENT- Section 10(b) of House Concurrent Resolution 64 (103d Congress) and section 12(b) of House Concurrent Resolution 287 (102d Congress) are repealed.

SEC. 23. ENFORCING PAY-AS-YOU-GO.

    (a) PURPOSE- The Senate declares that it is essential to--

      (1) ensure continued compliance with the deficit reduction embodied in the Omnibus Budget Reconciliation Act of 1993; and

      (2) continue the pay-as-you-go enforcement system.

    (b) FINDING- The Senate finds that section 12(c) of the concurrent resolution on the budget for fiscal year 1994 created a point of order prohibiting legislation that would increase the deficit through fiscal year 2003.

    (c) ENFORCEMENT-

      (1) IN GENERAL- It shall not be in order in the Senate to consider any direct spending or receipts legislation (including any such bill, joint resolution, amendment, motion, or conference report) that would--

        (A) increase the deficit for the first fiscal year covered by the most recently adopted concurrent resolution on the budget;

        (B) increase the deficit for the period of the 5 fiscal years covered by the most recently adopted concurrent resolution on the budget; or

        (C) increase the deficit to a significant degree for the period of the 5 fiscal years following the first 5 years covered by the most recently adopted concurrent resolution on the budget;

      when taken individually (as a bill, joint resolution, amendment, motion, or conference report, as the case may be), and when taken together with all direct spending and receipts legislation enacted after the date of enactment of the Omnibus Budget Reconciliation Act of 1993.

      (2) DIRECT SPENDING AND RECEIPTS LEGISLATION- For purposes of this subsection, direct spending and receipts legislation shall--

        (A) exclude full funding of, and continuation of, the deposit insurance guarantee commitment in effect on the date of enactment of the Budget Enforcement Act of 1990;

        (B) exclude emergency provisions so designated under section 252(e) of the Balanced Budget and Emergency Deficit Control Act of 1985;

        (C) include the estimated amount of savings in direct spending programs applicable to that fiscal year resulting from the prior year’s sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985, if any (except for any amounts sequestered as a result of a net deficit increase in the fiscal year immediately preceding the prior fiscal year); and

        (D) except as otherwise provided in this subsection, include all direct spending legislation as that term is defined in section 250(c)(8) of the Balanced Budget and Emergency Deficit Control Act of 1985.

    (d) WAIVER- This section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn.

    (e) APPEALS- Appeals in the Senate from the decisions of the Chair relating to any provision of this section shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution, as the case may be. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required in the Senate to sustain an appeal of the ruling of the Chair on a point of order raised under this section.

    (f) DETERMINATION OF BUDGET LEVELS- For purposes of this section, the levels of new budget authority, outlays, and receipts for a fiscal year shall be determined on the basis of estimates made by the Committee on the Budget of the Senate.

    (g) CONFORMING AMENDMENT- Section 12(c) of House Concurrent Resolution 64 (103d Congress) is repealed.

    (h) TECHNICAL CORRECTION- Notwithstanding section 275(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 (as amended by sections 13112(b) and 13208(b)(3) of the Budget Enforcement Act of 1990), the second sentence of section 904(c) of the Congressional Budget Act of 1974 (except insofar as it relates to section 313 of that Act) and the final sentence of section 904(d) of that Act (except insofar as it relates to section 313 of that Act) shall continue to have effect as a rule of the Senate through (but no later than) September 30, 1998.

    (i) SUNSET- Subsections (a) through (f) of this section shall expire September 30, 1998.

SEC. 24. DEFICIT-NEUTRAL RESERVE FUND IN THE SENATE.

    (a) INITIATIVES TO IMPROVE THE WELL-BEING OF FAMILIES THROUGH WELFARE OR OTHER REFORMS, TO PROVIDE FOR SERVICES TO SUPPORT OR PROTECT CHILDREN, OR TO IMPROVE THE HEALTH, NUTRITION, OR CARE OF CHILDREN-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees and the revenue aggregates may be reduced for legislation to improve the well-being of families through welfare or other reforms (including promoting self-sufficiency through improvements in job training or employment programs), to provide for services to support or protect children (including assuring increased parental support for children through improvements in the child support enforcement program), or to improve the health, nutrition, or care of children, within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (b) INITIATIVES TO PROVIDE COMPREHENSIVE TRAINING OR JOB SEARCH ASSISTANCE OR TO REFORM UNEMPLOYMENT COMPENSATION-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees for legislation that increases funding to provide comprehensive training or job search assistance (including reemployment or job training programs or dislocated worker programs), or to reform unemployment compensation, or to provide for other related programs, within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (c) CONTINUING IMPROVEMENTS IN ONGOING HEALTH CARE PROGRAMS OR COMPREHENSIVE HEALTH CARE REFORM-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees for legislation that increases funding to make continuing improvements in ongoing health care programs, to provide for comprehensive health care reform, to control health care costs, or to accomplish other health care reforms within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

      (4) ADJUSTMENTS FOR AMENDMENTS- (A) If the Chairman of the Committee on the Budget makes an adjustment for legislation pursuant to this subsection, upon the offering of an amendment to such legislation, the Chairman shall file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates if the enactment of such legislation (as proposed to be amended) will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (i) fiscal year 1995; or

        (ii) the period of fiscal years 1995 through 1999.

      (B) These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this resolution on the budget.

      (C) The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (d) INITIATIVES TO PRESERVE AND REBUILD THE UNITED STATES MARITIME INDUSTRY-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees for direct spending legislation that increases funding to preserve and rebuild the United States maritime industry within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; and

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. Such revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (e) INITIATIVES TO REFORM THE FINANCING OF FEDERAL ELECTIONS-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees for direct spending legislation that increases funding to reform the financing of Federal elections within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (f) TRADE-RELATED LEGISLATION-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees and the revenue aggregates may be reduced for trade-related legislation (including legislation to implement the Uruguay Round of the General Agreement on Tariffs and Trade or to extend the Generalized System of Preferences) within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (g) REFORMS RELATING TO THE PENSION BENEFIT GUARANTY CORPORATION-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees and the revenue aggregates may be reduced for reforms relating to the Pension Benefit Guaranty Corporation (including legislation to improve the funding of government-insured pension plans, to protect plan participants, or to limit growth in exposure of the Pension Benefit Guaranty Corporation) or other employee benefit-related legislation within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (h) REFORMS RELATING TO EMPLOYMENT TAXES ON DOMESTIC SERVICES-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees and the revenue aggregates may be reduced for reforms relating to providing for simplified collection of employment taxes on domestic services within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (i) INITIATIVES TO REFORM THE COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY ACT OF 1980-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees for direct spending legislation that increases funding to reform the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (j) REFORMS TO CONSOLIDATE THE SUPERVISION OF DEPOSITORY INSTITUTIONS INSURED UNDER THE FEDERAL DEPOSIT INSURANCE ACT-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees and the revenue aggregates may be reduced for reforms to consolidate the supervision of depository institutions insured under the Federal Deposit Insurance Act within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

    (k) INITIATIVES TO PRESERVE ENERGY SECURITY-

      (1) IN GENERAL- Budget authority and outlays may be allocated to a committee or committees and the revenue aggregates may be reduced for initiatives to preserve United States energy security within such a committee’s jurisdiction if such a committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in this concurrent resolution on the budget, the enactment of such legislation will not increase (by virtue of either contemporaneous or previously passed deficit reduction) the deficit in this resolution for--

        (A) fiscal year 1995; or

        (B) the period of fiscal years 1995 through 1999.

      (2) REVISED ALLOCATIONS- Upon the reporting of legislation pursuant to paragraph (1), and again upon the submission of a conference report on such legislation (if a conference report is submitted), the Chairman of the Committee on the Budget of the Senate may file with the Senate appropriately revised allocations under sections 302(a) and 602(a) of the Congressional Budget Act of 1974 and revised functional levels and aggregates to carry out this subsection. These revised allocations, functional levels, and aggregates shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations, functional levels, and aggregates contained in this concurrent resolution on the budget.

      (3) REPORTING REVISED ALLOCATIONS- The appropriate committee may report appropriately revised allocations pursuant to sections 302(b) and 602(b) of the Congressional Budget Act of 1974 to carry out this subsection.

SEC. 25. ENFORCEMENT PROCEDURES.

    (a) DISCRETIONARY SPENDING LIMITS-

      (1) DEFINITION- As used in this section, for the discretionary category, for the purposes of congressional enforcement of this resolution, reduce the discretionary spending limit in section 601 of the Congressional Budget Act of 1974 by the following amounts--

        (A) with respect to fiscal year 1996, $4,200,000,000 in budget authority and $5,400,000,000 in outlays;

        (B) with respect to fiscal year 1997, $4,800,000,000 in budget authority and $5,600,000,000 in outlays; and

        (C) with respect to fiscal year 1998, $8,700,000,000 in budget authority and $5,300,000,000 in outlays.

      (2) POINT OF ORDER IN THE SENATE- (A) Except as provided in subparagraph (B), it shall not be in order in the Senate to consider any concurrent resolution on the budget for fiscal years 1996, 1997, or 1998 (or amendment, motion, or conference report on such a resolution) that would exceed any of the discretionary spending limits in this section.

      (B) This subsection shall not apply if a declaration of war by the Congress is in effect or if a joint resolution pursuant to section 258 of the Balanced Budget and Emergency Deficit Control Act of 1985 has been enacted.

    (b) WAIVER- This section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn.

    (c) APPEALS- Appeals in the Senate from the decisions of the Chair relating to any provision of this section shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the concurrent resolution, bill, or joint resolution, as the case may be. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required in the Senate to sustain an appeal of the ruling of the Chair on a point of order raised under this section.

    (d) DETERMINATION OF BUDGET LEVELS- For purposes of this section, the levels of new budget authority, outlays, new entitlement authority, and revenues for a fiscal year shall be determined on the basis of estimates made by the Committee on the Budget of the Senate or the Committee on the Budget of the House of Representatives, as the case may be.

SEC. 26. EXERCISE OF RULE-MAKING POWERS.

    The Congress adopts the provisions of this title--

      (1) as an exercise of the rule-making power of the Senate and the House of Representatives, respectively, and as such they shall be considered as part of the rules of each House, or of that House to which they specifically apply, and such rules shall supersede other rules only to the extent that they are inconsistent therewith; and

      (2) with full recognition of the constitutional right of either House to change those rules (so far as they relate to that House) at any time, in the same manner, and to the same extent as in the case of any other rule of that House.

TITLE III--SENSE OF CONGRESS PROVISIONS

SEC. 31. SENSE OF THE CONGRESS REGARDING THE BUDGETARY ACCOUNTING OF HEALTH CARE REFORM.

    It is the sense of the Congress that--

      (1) the Congress should measure the costs and benefits of all health care reform legislation against a uniform set of economic and technical assumptions;

      (2) before enacting major changes in the health care system, the Congress should have available to it reliable estimates of the costs of competing plans prepared in a comparable manner;

      (3) Congress should use Congressional Budget Office estimates in accounting for the costs and benefits of health care reform legislation; and

      (4) all financial transactions associated with Federal health care reform legislation mandating employer payments for health care coverage should be treated as part of the Federal budget, including employer mandated payments to entities (which should be treated as Government receipts) and payments made by the entities pursuant to Federal law (which should be treated as outlays), for all purposes under the Congressional Budget Act of 1974 and the Balanced Budget and Emergency Deficit Control Act of 1985.

SEC. 32. SENSE OF THE CONGRESS ON THE COSTS OF ILLEGAL IMMIGRATION.

    (a) FINDINGS- The Congress finds that--

      (1) the Federal Government is solely responsible for setting and enforcing national immigration policy;

      (2) the Federal Government has not adequately enforced immigration laws;

      (3) this weak enforcement has imposed financial costs on State and local governments;

      (4) States must incur costs for incarcerating undocumented persons convicted of State and local crimes, educating undocumented children, providing emergency medical services to undocumented persons, and providing services incidental to admission of refugees under the Refugee Admissions and Resettlement Program; and

      (5) the Federal Government has an obligation to reimburse State and local governments for costs resulting from the costs described in paragraph (4).

    (b) SENSE OF CONGRESS- It is the sense of Congress that, in setting forth the budget authority and outlay amounts in this resolution, funding should be provided to reimburse State and local governments for the costs associated with--

      (1) elementary and secondary education for undocumented children;

      (2) emergency medical assistance to undocumented persons;

      (3) incarceration and parole of criminal aliens; and

      (4) services incidental to admission of refugees under the Refugee Admissions and Resettlement Program.

SEC. 33. SENSE OF THE CONGRESS REGARDING BASELINES.

    (a) FINDINGS- The Congress finds that--

      (1) the baseline budget shows the likely course of Federal revenues and spending if policies remain unchanged;

      (2) baseline budgeting has given rise to the practice of calculating policy changes from an inflated spending level; and

      (3) the baseline concept has been misused to portray policies that would simply slow down the increase in spending as spending reductions.

    (b) SENSE OF CONGRESS- It is the sense of the Congress that--

      (1) the President should submit a budget that compares proposed spending levels for the budget year with the current year; and

      (2) the starting point for deliberations on a budget resolution should be the current year.

SEC. 34. SENSE OF THE CONGRESS ON ECONOMIC ASSUMPTIONS.

    It is the sense of Congress that--

      (1) economic assumptions play a significant role in projecting Federal budget expenditures and revenues;

      (2) over the past decade and one-half, the economic assumptions used by both the Office of Management and Budget and by the Congressional Budget Office have been less accurate than the Blue Chip projections;

      (3) future economic assumptions utilized for budget projection purposes should use the latest Blue Chip projections for economic assumptions and quoted public market rates when relevant for projecting interest rates; and

      (4) in the event the Office of Management and Budget or the Congressional Budget Office concludes that using the Blue Chip indicators or market rates are inaccurate, they should present their budget projections using both their own and Blue Chip and market assumptions, along with an explanation of why they find the latter to be unacceptable.

SEC. 35. SENSE OF THE CONGRESS REGARDING UNFUNDED FEDERAL MANDATES.

    It is the sense of the Congress that--

      (1) the Federal Government should not shift the costs of administering Federal programs to State and local governments;

      (2) the Federal Government’s share of entitlement programs should not be capped or otherwise decreased without providing States authority to amend their financial or programmatic responsibilities to continue meeting the mandated service;

      (3) the Federal Government should not impose excessive mandates and regulations that increase costs for the private sector, hindering economic growth and employment opportunities; and

      (4) Congress should develop a mechanism to ensure that costs of mandates are considered during agencies’ development of regulations and congressional deliberations on legislation.

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