[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 64 Enrolled Bill (ENR)]
H.Con.Res.64
Agreed to April 1, 1993
One Hundred Third Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Tuesday,
the fifth day of January, one thousand nine hundred and ninety-three
Concurrent Resolution
Resolved by the House of Representatives (the Senate concurring),
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 1994.
(a) Declaration.--The Congress determines and declares that this
resolution is the concurrent resolution on the budget for fiscal year
1994, including the appropriate budgetary levels for fiscal years 1995,
1996, 1997, and 1998, as required by section 301 of the Congressional
Budget Act of 1974 (as amended by the Budget Enforcement Act of 1990).
(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 1994.
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.
Sec. 7. Reconciliation.
Sec. 8. Sale of Government assets.
Sec. 9. Deficit-neutral reserve fund in the Senate.
Sec. 10. Social security fire wall point of order in the Senate.
Sec. 11. Sense of the House regarding tax revenues and deficit
reduction.
Sec. 12. Enforcement procedures.
Sec. 13. Sense of the Senate provisions.
SEC. 2. RECOMMENDED LEVELS AND AMOUNTS.
The following budgetary levels are appropriate for the fiscal years
1994, 1995, 1996, 1997, and 1998:
(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:
Fiscal year 1994: $905,500,000,000.
Fiscal year 1995: $973,800,000,000.
Fiscal year 1996: $1,037,600,000,000.
Fiscal year 1997: $1,093,300,000,000.
Fiscal year 1998: $1,143,200,000,000.
(ii) The amounts by which the aggregate levels of Federal
revenues should be increased are as follows:
Fiscal year 1994: $27,400,000,000.
Fiscal year 1995: $40,400,000,000.
Fiscal year 1996: $58,000,000,000.
Fiscal year 1997: $73,600,000,000.
Fiscal year 1998: $73,200,000,000.
(iii) The amounts for Federal Insurance Contributions Act
revenues for hospital insurance within the recommended levels of
Federal revenues are as follows:
Fiscal year 1994: $90,200,000,000.
Fiscal year 1995: $98,800,000,000.
Fiscal year 1996: $104,200,000,000.
Fiscal year 1997: $109,100,000,000.
Fiscal year 1998: $114,000,000,000.
(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 1994: $812,400,000,000.
Fiscal year 1995: $858,900,000,000.
Fiscal year 1996: $926,500,000,000.
Fiscal year 1997: $976,500,000,000.
Fiscal year 1998: $1,020,700,000,000.
(ii) The amounts by which the aggregate levels of Federal
revenues should be increased are as follows:
Fiscal year 1994: $21,800,000,000.
Fiscal year 1995: $28,300,000,000.
Fiscal year 1996: $44,700,000,000.
Fiscal year 1997: $59,100,000,000.
Fiscal year 1998: $57,600,000,000.
(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 1994: $1,223,400,000,000.
Fiscal year 1995: $1,289,600,000,000.
Fiscal year 1996: $1,347,500,000,000.
Fiscal year 1997: $1,409,900,000,000.
Fiscal year 1998: $1,474,500,000,000.
(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 1994: $1,136,400,000,000.
Fiscal year 1995: $1,192,100,000,000.
Fiscal year 1996: $1,239,100,000,000.
Fiscal year 1997: $1,290,300,000,000.
Fiscal year 1998: $1,341,800,000,000.
(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 1994: $1,218,300,000,000.
Fiscal year 1995: $1,280,600,000,000.
Fiscal year 1996: $1,323,200,000,000.
Fiscal year 1997: $1,371,300,000,000.
Fiscal year 1998: $1,435,900,000,000.
(B) For purposes of section 710 of the Social Security Act
(excluding the receipts and disbursements of the Hospital Insurance
Trust Fund), the appropriate levels of total budget outlays are as
follows:
Fiscal year 1994: $1,133,000,000,000.
Fiscal year 1995: $1,184,500,000,000.
Fiscal year 1996: $1,216,100,000,000.
Fiscal year 1997: $1,252,300,000,000.
Fiscal year 1998: $1,303,600,000,000.
(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 1994: $312,800,000,000.
Fiscal year 1995: $306,800,000,000.
Fiscal year 1996: $285,600,000,000.
Fiscal year 1997: $278,000,000,000.
Fiscal year 1998: $292,700,000,000.
(B) For purposes of section 710 of the Social Security Act
(excluding the receipts and disbursements of the Hospital Insurance
Trust Fund), the amounts of the deficits are as follows:
Fiscal year 1994: $320,600,000,000.
Fiscal year 1995: $315,600,000,000.
Fiscal year 1996: $299,600,000,000.
Fiscal year 1997: $275,800,000,000.
Fiscal year 1998: $282,900,000,000.
(5) Public debt.--The appropriate levels of the public debt are
as follows:
Fiscal year 1994: $4,731,900,000,000.
Fiscal year 1995: $5,097,900,000,000.
Fiscal year 1996: $5,453,700,000,000.
Fiscal year 1997: $5,812,700,000,000.
Fiscal year 1998: $6,182,400,000,000.
(6) Direct loan obligations.--The appropriate levels of total
new direct loan obligations are as follows:
Fiscal year 1994: $11,600,000,000.
Fiscal year 1995: $14,500,000,000.
Fiscal year 1996: $21,600,000,000.
Fiscal year 1997: $31,900,000,000.
Fiscal year 1998: $38,100,000,000.
(7) Primary loan guarantee commitments.--The appropriate levels
of new primary loan guarantee commitments are as follows:
Fiscal year 1994: $149,700,000,000.
Fiscal year 1995: $146,900,000,000.
Fiscal year 1996: $144,200,000,000.
Fiscal year 1997: $138,800,000,000.
Fiscal year 1998: $136,100,000,000.
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 1994: $372,300,000,000.
Fiscal year 1995: $366,000,000,000.
Fiscal year 1996: $355,800,000,000.
Fiscal year 1997: $359,100,000,000.
Fiscal year 1998: $369,700,000,000.
SEC. 4. DISPLAY OF FEDERAL RETIREMENT TRUST FUND BALANCES.
The balances of the Federal retirement trust funds are as follows:
Fiscal year 1994: $1,056,500,000,000.
Fiscal year 1995: $1,171,600,000,000.
Fiscal year 1996: $1,294,700,000,000.
Fiscal year 1997: $1,420,200,000,000.
Fiscal year 1998: $1,544,600,000,000.
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 1994: $336,289,000,000.
Fiscal year 1995: $356,423,000,000.
Fiscal year 1996: $375,708,000,000.
Fiscal year 1997: $393,038,000,000.
Fiscal year 1998: $410,528,000,000.
(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 1994: $274,813,000,000.
Fiscal year 1995: $286,457,000,000.
Fiscal year 1996: $297,401,000,000.
Fiscal year 1997: $308,456,000,000.
Fiscal year 1998: $319,408,000,000.
SEC. 6. MAJOR FUNCTIONAL CATEGORIES.
The Congress determines and declares that the appropriate levels of
new budget authority, budget outlays, new direct loan obligations, new
primary loan guarantee commitments, and new secondary loan guarantee
commitments for fiscal years 1994 through 1998 for each major functional
category are:
(1) National Defense (050):
Fiscal year 1994:
(A) New budget authority, $263,400,000,000.
(B) Outlays, $277,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
Fiscal year 1995:
(A) New budget authority, $262,400,000,000.
(B) Outlays, $272,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
Fiscal year 1996:
(A) New budget authority, $253,600,000,000.
(B) Outlays, $264,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
Fiscal year 1997:
(A) New budget authority, $248,100,000,000.
(B) Outlays, $248,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
Fiscal year 1998:
(A) New budget authority, $253,900,000,000.
(B) Outlays, $252,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
(2) International Affairs (150):
Fiscal year 1994:
(A) New budget authority, $19,700,000,000.
(B) Outlays, $18,900,000,000.
(C) New direct loan obligations, $2,700,000,000.
(D) New primary loan guarantee commitments,
$16,900,000,000.
Fiscal year 1995:
(A) New budget authority, $18,900,000,000.
(B) Outlays, $18,300,000,000.
(C) New direct loan obligations, $2,800,000,000.
(D) New primary loan guarantee commitments,
$17,300,000,000.
Fiscal year 1996:
(A) New budget authority, $17,900,000,000.
(B) Outlays, $17,500,000,000.
(C) New direct loan obligations, $2,800,000,000.
(D) New primary loan guarantee commitments,
$17,800,000,000.
Fiscal year 1997:
(A) New budget authority, $17,700,000,000.
(B) Outlays, $17,100,000,000.
(C) New direct loan obligations, $2,800,000,000.
(D) New primary loan guarantee commitments,
$18,200,000,000.
Fiscal year 1998:
(A) New budget authority, $17,500,000,000.
(B) Outlays, $17,000,000,000.
(C) New direct loan obligations, $2,900,000,000.
(D) New primary loan guarantee commitments,
$18,700,000,000.
(3) General Science, Space, and Technology (250):
Fiscal year 1994:
(A) New budget authority, $18,100,000,000.
(B) Outlays, $17,600,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $19,300,000,000.
(B) Outlays, $18,600,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $20,100,000,000.
(B) Outlays, $19,600,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $20,800,000,000.
(B) Outlays, $20,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $21,300,000,000.
(B) Outlays, $21,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(4) Energy (270):
Fiscal year 1994:
(A) New budget authority, $4,800,000,000.
(B) Outlays, $3,800,000,000.
(C) New direct loan obligations, $1,800,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $5,900,000,000.
(B) Outlays, $4,100,000,000.
(C) New direct loan obligations, $1,800,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $5,100,000,000.
(B) Outlays, $4,000,000,000.
(C) New direct loan obligations, $1,800,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $5,200,000,000.
(B) Outlays, $4,200,000,000.
(C) New direct loan obligations, $1,800,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $5,400,000,000.
(B) Outlays, $4,100,000,000.
(C) New direct loan obligations, $1,800,000,000.
(D) New primary loan guarantee commitments, $0.
(5) Natural Resources and Environment (300):
Fiscal year 1994:
(A) New budget authority, $20,600,000,000.
(B) Outlays, $20,800,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $22,600,000,000.
(B) Outlays, $20,800,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $22,300,000,000.
(B) Outlays, $21,500,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $22,500,000,000.
(B) Outlays, $21,900,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $22,500,000,000.
(B) Outlays, $21,900,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
(6) Agriculture (350):
Fiscal year 1994:
(A) New budget authority, $15,200,000,000.
(B) Outlays, $14,400,000,000.
(C) New direct loan obligations, $600,000,000.
(D) New primary loan guarantee commitments,
$7,000,000,000.
Fiscal year 1995:
(A) New budget authority, $13,800,000,000.
(B) Outlays, $12,400,000,000.
(C) New direct loan obligations, $600,000,000.
(D) New primary loan guarantee commitments,
$7,000,000,000.
Fiscal year 1996:
(A) New budget authority, $12,900,000,000.
(B) Outlays, $10,900,000,000.
(C) New direct loan obligations, $600,000,000.
(D) New primary loan guarantee commitments,
$7,000,000,000.
Fiscal year 1997:
(A) New budget authority, $12,600,000,000.
(B) Outlays, $10,700,000,000.
(C) New direct loan obligations, $700,000,000.
(D) New primary loan guarantee commitments,
$7,100,000,000.
Fiscal year 1998:
(A) New budget authority, $12,600,000,000.
(B) Outlays, $10,900,000,000.
(C) New direct loan obligations, $700,000,000.
(D) New primary loan guarantee commitments,
$7,100,000,000.
(7) Commerce and Housing Credit (370):
Fiscal year 1994:
(A) New budget authority, $16,900,000,000.
(B) Outlays, $8,600,000,000.
(C) New direct loan obligations, $2,700,000,000.
(D) New primary loan guarantee commitments,
$78,100,000,000.
Fiscal year 1995:
(A) New budget authority, $16,900,000,000.
(B) Outlays, $13,100,000,000.
(C) New direct loan obligations, $2,700,000,000.
(D) New primary loan guarantee commitments,
$80,100,000,000.
Fiscal year 1996:
(A) New budget authority, $13,700,000,000.
(B) Outlays, $3,400,000,000.
(C) New direct loan obligations, $2,800,000,000.
(D) New primary loan guarantee commitments,
$82,100,000,000.
Fiscal year 1997:
(A) New budget authority, $9,600,000,000.
(B) Outlays, ^$10,500,000,000.
(C) New direct loan obligations, $2,900,000,000.
(D) New primary loan guarantee commitments,
$84,100,000,000.
Fiscal year 1998:
(A) New budget authority, $10,400,000,000.
(B) Outlays, ^$7,100,000,000.
(C) New direct loan obligations, $2,900,000,000.
(D) New primary loan guarantee commitments,
$86,300,000,000.
(8) Transportation (400):
Fiscal year 1994:
(A) New budget authority, $40,600,000,000.
(B) Outlays, $36,500,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $41,000,000,000.
(B) Outlays, $37,500,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $42,200,000,000.
(B) Outlays, $39,200,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $43,700,000,000.
(B) Outlays, $40,700,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $44,900,000,000.
(B) Outlays, $42,000,000,000.
(C) New direct loan obligations, $100,000,000.
(D) New primary loan guarantee commitments, $0.
(9) Community and Regional Development (450):
Fiscal year 1994:
(A) New budget authority, $9,000,000,000.
(B) Outlays, $8,800,000,000.
(C) New direct loan obligations, $2,100,000,000.
(D) New primary loan guarantee commitments,
$2,400,000,000.
Fiscal year 1995:
(A) New budget authority, $8,600,000,000.
(B) Outlays, $8,300,000,000.
(C) New direct loan obligations, $2,100,000,000.
(D) New primary loan guarantee commitments,
$2,500,000,000.
Fiscal year 1996:
(A) New budget authority, $8,800,000,000.
(B) Outlays, $8,100,000,000.
(C) New direct loan obligations, $2,200,000,000.
(D) New primary loan guarantee commitments,
$2,500,000,000.
Fiscal year 1997:
(A) New budget authority, $8,900,000,000.
(B) Outlays, $8,300,000,000.
(C) New direct loan obligations, $2,300,000,000.
(D) New primary loan guarantee commitments,
$2,600,000,000.
Fiscal year 1998:
(A) New budget authority, $9,200,000,000.
(B) Outlays, $8,600,000,000.
(C) New direct loan obligations, $2,300,000,000.
(D) New primary loan guarantee commitments,
$2,600,000,000.
(10) Education, Training, Employment, and Social Services (500):
Fiscal year 1994:
(A) New budget authority, $55,800,000,000.
(B) Outlays, $52,100,000,000.
(C) New direct loan obligations, $400,000,000.
(D) New primary loan guarantee commitments,
$20,700,000,000.
Fiscal year 1995:
(A) New budget authority, $59,200,000,000.
(B) Outlays, $54,800,000,000.
(C) New direct loan obligations, $3,300,000,000.
(D) New primary loan guarantee commitments,
$19,600,000,000.
Fiscal year 1996:
(A) New budget authority, $62,800,000,000.
(B) Outlays, $54,900,000,000.
(C) New direct loan obligations, $10,100,000,000.
(D) New primary loan guarantee commitments,
$13,700,000,000.
Fiscal year 1997:
(A) New budget authority, $65,100,000,000.
(B) Outlays, $62,100,000,000.
(C) New direct loan obligations, $20,100,000,000.
(D) New primary loan guarantee commitments,
$5,000,000,000.
Fiscal year 1998:
(A) New budget authority, $67,400,000,000.
(B) Outlays, $64,800,000,000.
(C) New direct loan obligations, $26,200,000,000.
(D) New primary loan guarantee commitments, $0.
(11) Health (550):
Fiscal year 1994:
(A) New budget authority, $119,000,000,000.
(B) Outlays, $118,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$400,000,000.
Fiscal year 1995:
(A) New budget authority, $133,100,000,000.
(B) Outlays, $131,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$400,000,000.
Fiscal year 1996:
(A) New budget authority, $148,200,000,000.
(B) Outlays, $146,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
Fiscal year 1997:
(A) New budget authority, $163,700,000,000.
(B) Outlays, $162,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
Fiscal year 1998:
(A) New budget authority, $180,600,000,000.
(B) Outlays, $178,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$500,000,000.
(12) Medicare (570):
Fiscal year 1994:
(A) New budget authority, $151,200,000,000.
(B) Outlays, $149,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $171,600,000,000.
(B) Outlays, $167,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $184,200,000,000.
(B) Outlays, $183,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $201,600,000,000.
(B) Outlays, $201,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $221,500,000,000.
(B) Outlays, $221,100,000,000.
(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 1994:
(A) New budget authority, $51,200,000,000.
(B) Outlays, $51,500,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $61,300,000,000.
(B) Outlays, $58,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $63,700,000,000.
(B) Outlays, $63,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $71,200,000,000.
(B) Outlays, $71,200,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $80,000,000,000.
(B) Outlays, $80,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(14) Income Security (600):
Fiscal year 1994:
(A) New budget authority, $211,100,000,000.
(B) Outlays, $210,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $222,800,000,000.
(B) Outlays, $223,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $237,800,000,000.
(B) Outlays, $232,200,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $252,200,000,000.
(B) Outlays, $243,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $253,400,000,000.
(B) Outlays, $252,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(15) Social Security (650):
Fiscal year 1994:
(A) New budget authority, $6,100,000,000.
(B) Outlays, $8,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $6,700,000,000.
(B) Outlays, $9,600,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $7,300,000,000.
(B) Outlays, $10,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $7,900,000,000.
(B) Outlays, $11,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $8,600,000,000.
(B) Outlays, $11,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(16) Veterans Benefits and Services (700):
Fiscal year 1994:
(A) New budget authority, $34,700,000,000.
(B) Outlays, $36,300,000,000.
(C) New direct loan obligations, $1,100,000,000.
(D) New primary loan guarantee commitments,
$23,700,000,000.
Fiscal year 1995:
(A) New budget authority, $35,400,000,000.
(B) Outlays, $35,500,000,000.
(C) New direct loan obligations, $1,000,000,000.
(D) New primary loan guarantee commitments,
$19,500,000,000.
Fiscal year 1996:
(A) New budget authority, $36,000,000,000.
(B) Outlays, $34,600,000,000.
(C) New direct loan obligations, $1,100,000,000.
(D) New primary loan guarantee commitments,
$20,100,000,000.
Fiscal year 1997:
(A) New budget authority, $36,200,000,000.
(B) Outlays, $36,400,000,000.
(C) New direct loan obligations, $1,100,000,000.
(D) New primary loan guarantee commitments,
$20,800,000,000.
Fiscal year 1998:
(A) New budget authority, $36,800,000,000.
(B) Outlays, $36,900,000,000.
(C) New direct loan obligations, $1,100,000,000.
(D) New primary loan guarantee commitments,
$20,400,000,000.
(17) Administration of Justice (750):
Fiscal year 1994:
(A) New budget authority, $15,000,000,000.
(B) Outlays, $15,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $15,300,000,000.
(B) Outlays, $15,600,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $15,700,000,000.
(B) Outlays, $15,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $16,100,000,000.
(B) Outlays, $16,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $16,700,000,000.
(B) Outlays, $16,500,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(18) General Government (800):
Fiscal year 1994:
(A) New budget authority, $13,000,000,000.
(B) Outlays, $13,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $12,800,000,000.
(B) Outlays, $14,200,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $13,200,000,000.
(B) Outlays, $13,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $13,800,000,000.
(B) Outlays, $13,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $13,500,000,000.
(B) Outlays, $13,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(19) Net Interest (900):
Fiscal year 1994:
(A) New budget authority, $239,900,000,000.
(B) Outlays, $239,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $260,800,000,000.
(B) Outlays, $260,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $280,100,000,000.
(B) Outlays, $280,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $297,700,000,000.
(B) Outlays, $297,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $315,300,000,000.
(B) Outlays, $315,300,000,000.
(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 1994:
(A) New budget authority, $250,400,000,000.
(B) Outlays, $250,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, $271,100,000,000.
(B) Outlays, $271,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, $289,700,000,000.
(B) Outlays, $289,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, $305,900,000,000.
(B) Outlays, $305,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, $321,400,000,000.
(B) Outlays, $321,400,000,000.
(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 1994: $307,443,000,000.
Fiscal year 1995: $327,744,000,000.
Fiscal year 1996: $347,046,000,000.
Fiscal year 1997: $364,334,000,000.
Fiscal year 1998: $381,401,000,000.
(22) Allowances (920):
Fiscal year 1994:
(A) New budget authority, ^$0.
(B) Outlays, ^$0.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, ^$6,000,000,000.
(B) Outlays, ^$4,200,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, ^$2,700,000,000.
(B) Outlays, ^$4,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, ^$0,700,000,000.
(B) Outlays, ^$0,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, ^$9,900,000,000.
(B) Outlays, ^$13,200,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
(23) Undistributed Offsetting Receipts (950):
Fiscal year 1994:
(A) New budget authority, ^$30,700,000,000.
(B) Outlays, ^$32,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, ^$31,500,000,000.
(B) Outlays, ^$33,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, ^$31,700,000,000.
(B) Outlays, ^$33,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, ^$32,300,000,000.
(B) Outlays, ^$33,300,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, ^$32,100,000,000.
(B) Outlays, ^$33,100,000,000.
(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 1994:
(A) New budget authority, ^$28,200,000,000.
(B) Outlays, ^$29,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1995:
(A) New budget authority, ^$29,000,000,000.
(B) Outlays, ^$30,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1996:
(A) New budget authority, ^$29,200,000,000.
(B) Outlays, ^$30,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1997:
(A) New budget authority, ^$29,700,000,000.
(B) Outlays, ^$30,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
Fiscal year 1998:
(A) New budget authority, ^$29,400,000,000.
(B) Outlays, ^$30,400,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments, $0.
SEC. 7. RECONCILIATION.
(a) Committees on Ways and Means and Finance.--Not later than April
2, 1993, the House Committee on Ways and Means and the Senate Committee
on Finance shall submit to their respective Houses reconciliation
legislation containing recommendations to change laws to increase the
statutory limit on the public debt to not more than $4,370,000,000,000.
(b) Senate Committees.--Not later than June 18, 1993, the committees
named in this subsection shall submit their recommendations to the
Committee on the Budget of the Senate. After receiving those
recommendations, the Committee on the Budget shall report to the Senate
a reconciliation bill carrying out all such recommendations without any
substantive revision.
(1) Committee on agriculture, nutrition, and forestry.--The
Senate Committee on Agriculture, Nutrition, and Forestry shall
report changes in laws within its jurisdiction to reduce the deficit
$118,000,000 in fiscal year 1994 and $3,170,000,000 for the period
of fiscal years 1994 through 1998.
(2) Committee on armed services.--The Senate Committee on Armed
Services shall report changes in laws within its jurisdiction to
reduce the deficit $128,000,000 in fiscal year 1994 and
$2,361,000,000 for the period of fiscal years 1994 through 1998.
(3) Committee on banking, housing, and urban affairs.--The
Senate Committee on Banking, Housing, and Urban Affairs shall report
changes in laws within its jurisdiction to reduce the deficit
$401,000,000 in fiscal year 1994 and $3,131,000,000 for the period
of fiscal years 1994 through 1998.
(4) Committee on commerce, science, and transportation.--The
Senate Committee on Commerce, Science, and Transportation shall
report changes in laws within its jurisdiction to reduce the deficit
$1,700,000,000 in fiscal year 1994 and $7,405,000,000 for the period
of fiscal years 1994 through 1998.
(5) Committee on energy and natural resources.--The Senate
Committee on Energy and Natural Resources shall report changes in
laws within its jurisdiction to reduce the deficit $118,000,000 in
fiscal year 1994 and $737,000,000 for the period of fiscal years
1994 through 1998.
(6) Committee on environment and public works.--The Senate
Committee on Environment and Public Works shall report changes in
laws within its jurisdiction to reduce the deficit $13,000,000 in
fiscal year 1994 and $1,254,000,000 for the period of fiscal years
1994 through 1998.
(7) Committee on finance.--(A) The Senate Committee on Finance
shall report changes in laws within its jurisdiction that provide
direct spending (as defined in section 250(c)(8) of the Balanced
Budget and Emergency Deficit Control Act of 1985) to reduce outlays
$2,346,000,000 in fiscal year 1994 and $35,157,000,000 for the
period of fiscal years 1994 through 1998.
(B) The Senate Committee on Finance shall report changes in laws
within its jurisdiction to increase revenues $27,293,000,000 in
fiscal year 1994 and $272,105,000,000 for the period of fiscal years
1994 through 1998.
(C) The Senate Committee on Finance shall report changes in laws
to increase the statutory limit on the public debt to not more than
$4,900,000,000,000.
(8) Committee on foreign relations.--The Senate Committee on
Foreign Relations shall report changes in laws within its
jurisidction to reduce the deficit $5,000,000 for the period of
fiscal years 1994 through 1998.
(9) Committee on governmental affairs.--The Senate Committee on
Governmental Affairs shall report changes in laws within its
jurisdiction to reduce the deficit $77,000,000 in fiscal year 1994
and $10,638,000,000 for the period of fiscal years 1994 through
1998.
(10) Committee on the judiciary.--The Senate Committee on the
Judiciary shall report changes in laws within its jurisdiction to
reduce the deficit $345,000,000 for the period of fiscal years 1994
through 1998.
(11) Committee on labor and human resources.--The Senate
Committee on Labor and Human Resources shall report changes in laws
within its jurisdiction to reduce the deficit $4,571,000,000 for the
period of fiscal years 1994 through 1998.
(12) Committee on veterans' affairs.--The Senate Committee on
Veterans' Affairs shall report changes in laws within its
jurisdiction to reduce the deficit $266,000,000 in fiscal year 1994
and $2,580,000,000 for the period of fiscal years 1994 through 1998.
(c) House Committees.--Not later than May 14, 1993, the committees
named in this subsection shall submit their recommendations to the
Committee on the Budget of the House of Representatives. After receiving
those recommendations, the Committee on the Budget shall report to the
House of Representatives a reconciliation bill carrying out all such
recommendations without any substantive revision.
(1) Committee on agriculture.--The Committee on Agriculture
shall report changes in laws within its jurisdiction sufficient to
reduce the deficit, as follows: $98,000,000 in fiscal year 1994,
$119,000,000 in fiscal year 1995, $515,000,000 in fiscal year 1996,
$1,041,000,000 in fiscal year 1997, and $1,177,000,000 in fiscal
year 1998, and program changes in laws within its jurisdiction,
sufficient to result in an increase of outlays as follows:
$523,000,000 in fiscal year 1994, $1,524,000,000 in fiscal year
1995, $1,527,000,000 in fiscal year 1996, $1,533,000,000 in fiscal
year 1997, and $1,551,000,000 in fiscal year 1998.
(2) Committee on armed services.--The House Committee on Armed
Services shall report changes in laws within its jurisdiction that
provide direct spending sufficient to reduce outlays, as follows:
$128,000,000 in fiscal year 1994, $292,000,000 in fiscal year 1995,
$457,000,000 in fiscal year 1996, $643,000,000 in fiscal year 1997,
and $841,000,000 in fiscal year 1998, and program changes in laws
within its jurisdiction, sufficient to result in a reduction of
outlays as follows: $2,012,000,000 in fiscal year 1994,
$3,231,000,000 in fiscal year 1995, $4,117,000,000 in fiscal year
1996, $5,103,000,000 in fiscal year 1997, and $5,800,000,000 in
fiscal year 1998.
(3) Committee on banking, finance and urban affairs.--The House
Committee on Banking, Finance and Urban Affairs shall report changes
in laws within its jurisdiction that provide direct spending,
sufficient to reduce outlays, as follows: $338,000,000 in fiscal
year 1994, $346,000,000 in fiscal year 1995, $550,000,000 in fiscal
year 1996, $769,000,000 in fiscal year 1997, and $789,000,000 in
fiscal year 1998, program changes in laws within its jurisdiction,
sufficient to result in an increase of outlays as follows:
$5,000,000 in fiscal year 1994; and result in a reduction of outlays
as follows: $18,000,000 in fiscal year 1995, $127,000,000 in fiscal
year 1996, $227,000,000 in fiscal year 1997, and $260,000,000 in
fiscal year 1998, and changes in laws within its jurisdiction to
increase revenues, as follows: $63,000,000 in fiscal year 1994,
$65,000,000 in fiscal year 1995, $68,000,000 in fiscal year 1996,
$70,000,000 in fiscal year 1997, and $73,000,000 in fiscal year
1998.
(4) Committee on education and labor.--The House Committee on
Education and Labor shall report changes in laws within its
jurisdiction that provide direct spending sufficient to increase
outlays by $118,000,000 in fiscal year 1994, and to reduce outlays
as follows: $72,000,000 in fiscal year 1995, $792,000,000 in fiscal
year 1996, $2,173,000,000 in fiscal year 1997, and $2,898,000,000 in
fiscal year 1998.
(5) Committee on energy and commerce.--The House Committee on
Energy and Commerce shall report changes in laws within its
jurisdiction that provide direct spending sufficient to reduce
outlays, as follows: $4,342,000,000 in fiscal year 1994,
$7,491,000,000 in fiscal year 1995, $13,422,000,000 in fiscal year
1996, $17,518,000,000 in fiscal year 1997, and $21,744,000,000 in
fiscal year 1998.
(6) Committee on foreign affairs.--The House Committee on
Foreign Affairs shall report changes in laws within its jurisdiction
that provide direct spending sufficient to reduce outlays, as
follows: $0 in fiscal year 1994, $1,000,000 in fiscal year 1995,
$1,000,000 in fiscal year 1996, $1,000,000 in fiscal year 1997, and
$2,000,000 in fiscal year 1998.
(7) Committee on the judiciary.--The House Committee on the
Judiciary shall report changes in laws within its jurisdiction that
provide direct spending sufficient to reduce outlays, as follows: $0
in fiscal year 1994, $0 in fiscal year 1995, $111,000,000 in fiscal
year 1996, $115,000,000 in fiscal year 1997, and $119,000,000 in
fiscal year 1998.
(8) Committee on merchant marine and fisheries.--The House
Committee on Merchant Marine and Fisheries shall report changes in
laws within its jurisdiction that provide direct spending sufficient
to reduce outlays, as follows: $0 in fiscal year 1994, $0 in fiscal
year 1995, $67,000,000 in fiscal year 1996, $68,000,000 in fiscal
year 1997, and $70,000,000 in fiscal year 1998.
(9) Committee on natural resources.--The House Committee on
Natural Resources shall report changes in laws within its
jurisdiction that provide direct spending sufficient to reduce
outlays, as follows: $131,000,000 in fiscal year 1994, $157,000,000
in fiscal year 1995, $543,000,000 in fiscal year 1996, $569,000,000
in fiscal year 1997, and $591,000,000 in fiscal year 1998.
(10) Committee on post office and civil service.--The House
Committee on Post Office and Civil Service shall report changes in
laws within its jurisdiction that provide direct spending sufficient
to reduce outlays, as follows: $77,000,000 in fiscal year 1994,
$491,000,000 in fiscal year 1995, $2,669,000,000 in fiscal year
1996, $3,709,000,000 in fiscal year 1997, and $3,697,000,000 in
fiscal year 1998, and program changes in laws within its
jurisdiction, sufficient to result in a reduction of outlays as
follows: $2,903,000,000 in fiscal year 1994, $4,660,000,000 in
fiscal year 1995, $5,825,000,000 in fiscal year 1996, $7,169,000,000
in fiscal year 1997, and $8,164,000,000 in fiscal year 1998.
(11) Committee on public works and transportation.--The House
Committee on Public Works and Transportation shall report changes in
laws within its jurisdiction sufficient to reduce the deficit, as
follows: $31,000,000 in fiscal year 1994, $49,000,000 in fiscal year
1995, $62,000,000 in fiscal year 1996, $76,000,000 in fiscal year
1997, and $78,000,000 in fiscal year 1998.
(12) Committee on veterans' affairs.--The House Committee on
Veterans' Affairs shall report changes in laws within its
jurisdiction that provide direct spending sufficient to reduce
outlays, as follows: $266,000,000 in fiscal year 1994, $364,000,000
in fiscal year 1995, $382,000,000 in fiscal year 1996, $405,000,000
in fiscal year 1997, and $1,163,000,000 in fiscal year 1998.
(13) Committee on ways and means.--The House Committee on Ways
and Means shall report changes in laws within its jurisdiction
sufficient to reduce the deficit, as follows: by $29,441,000,000 in
fiscal year 1994, by $41,415,000,000 in fiscal year 1995, by
$61,912,000,000 in fiscal year 1996, by $81,794,000,000 in fiscal
year 1997, and by $85,209,000,000 in fiscal year 1998, and changes
in laws to increase the statutory limit on the public debt to not
more than $4,900,000,000,000.
(14) Direct spending.--For purposes of this subsection, the term
``direct spending'' means spending authority as defined in section
401(c)(2)(C) of the Congressional Budget Act of 1974 and new budget
authority as defined in section 3(2) of the Congressional Budget Act
of 1974.
SEC. 8. 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) 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.
(c) 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.
SEC. 9. DEFICIT-NEUTRAL RESERVE FUND IN THE SENATE.
(a) Initiatives To Improve the Health and Nutrition of Children and
To Provide for Services To Support and Protect Children, and To Improve
the Well-Being of Families.--
(1) In general.--Budget authority and outlays may be allocated
to a committee or committees for legislation that increases funding
to improve the health and nutrition of children and to provide for
services to support and protect children, and to improve the well-
being and self-sufficiency of families and reduce dependency,
including initiatives to expand childhood immunization and family
preservation and support 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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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.
(b) Economic Growth Initiatives.--
(1) In general.--Budget authority and outlays may be allocated
to a committee or committees for legislation that increases funding
for economic recovery or growth initiatives, including unemployment
compensation, a dislocated worker program, job training, or 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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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 section
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 and
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, or to control health
care costs 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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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.
(d) Initiatives To Improve Educational Opportunities for Individuals
at the Early Childhood, Elementary, Secondary, or Higher Education
Levels, or To Invest in the Health or Education of America's Children.--
(1) In general.--Budget authority and outlays may be allocated
to a committee or committees for direct spending legislation that
increases funding to improve educational opportunities for
individuals at the early childhood, elementary, secondary, or higher
education levels, or to invest in the health or education of
America's 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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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 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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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.
(f) 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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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.
(g) 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 legislation to implement the North American Free Trade
Agreement and any other trade-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 1994; and
(B) the period of fiscal years 1994 through 1998.
(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 section
302(b) and 602(b) of the Congressional Budget Act of 1974 to carry
out this subsection.
SEC. 10. SOCIAL SECURITY FIRE WALL POINT OF ORDER IN THE SENATE.
(a) Accounting Treatment.--Notwithstanding any other provision of
this resolution, for the purpose of allocations and points of order
under sections 302 and 311 of the Congressional Budget Act of 1974, the
levels of social security outlays and revenues for this resolution shall
be the current services levels.
(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.
SEC. 11. SENSE OF THE HOUSE REGARDING TAX REVENUES AND DEFICIT
REDUCTION.
It is the sense of the House of Representatives that any legislation
enacting tax increases called for in this budget resolution contain
language providing that the net revenues generated by the legislation
shall not be counted for the purpose of calculating the amount of any
deficit increase called for in section 252(b) of the Balanced Budget and
Emergency Deficit Control Act of 1985, as amended by the Omnibus Budget
Reconciliation Act of 1990.
SEC. 12. ENFORCEMENT PROCEDURES.
(a) Purpose.--The Senate declares that it is essential to--
(1) ensure compliance with the deficit reduction goals embodied
in this resolution;
(2) extend the system of discretionary spending limits set forth
in section 601 of the Congressional Budget Act of 1974;
(3) extend the pay-as-you-go enforcement system;
(4) prohibit the consideration of direct spending or receipts
legislation that would decrease the pay-as-you-go surplus that the
reconciliation bill pursuant to section 7 of this resolution will
create under section 252 of the Balanced Budget and Emergency
Deficit Control Act of 1985;
(5) adopt as part of this concurrent resolution such of the
enforcement procedures set forth in this subsection as this
concurrent resolution may constitutionally include; and
(6) enact, during this session of Congress, such of the
enforcement procedures set forth in this subsection as only statute
may constitutionally include.
(b) Discretionary Spending Limits.--
(1) Definition.--As used in this section, for the discretionary
category, the term ``discretionary spending limit'' means--
(A) with respect to fiscal year 1996:
$519,142,000,000 in new budget authority and
$547,263,000,000 in outlays;
(B) with respect to fiscal year 1997:
$528,079,000,000 in new budget authority and
$547,346,000,000 in outlays; and
(C) with respect to fiscal year 1998:
$530,639,000,000 in new budget authority and
$547,870,000,000 in outlays;
as adjusted for changes in concepts and definitions, changes in
inflation, and emergency appropriations.
(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 year 1995, 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.
(c) Enforcing Pay-As-You-Go.--At any time after the enactment of the
reconciliation bill pursuant to section 7 of this resolution, it shall
not be in order in the Senate to consider any bill, joint resolution,
amendment, motion, or conference report, that would increase the deficit
in this resolution for any fiscal year through fiscal year 1998 or would
increase the deficit for any other fiscal year through fiscal year 2003,
as measured by the sum of--
(1) all applicable estimates of direct spending and receipts
legislation applicable to that fiscal year, other than any amounts
resulting from--
(A) 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; and
(B) emergency provisions as designated under section 252(e)
of that Act; and
(2) the estimated amount of savings in direct spending programs
applicable to that fiscal year resulting from the prior year's
sequestration under that Act, 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).
(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 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.
(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) Exercise of Rulemaking Powers.--The Senate adopts the provisions
of this section--
(1) as an exercise of the rulemaking power of the Senate, and as
such they shall be considered as part of the rules of the Senate,
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 the
Senate to change those rules (so far as they relate to the Senate)
at any time, in the same manner, and to the same extent as in the
case of any other rule of the Senate.
SEC. 13. SENSE OF THE SENATE PROVISIONS.
The following subsections are set forth as the sense of the Senate:
(a) Assumptions.--The levels and amounts set forth in this
resolution are based on the following assumptions:
(1) Revenues.--(A) There shall not be an increase in inland
barge fuel taxes beyond those increases already scheduled in
current law.
(B) The Finance Committee will make every effort to find
alternative sources of revenues before imposing new taxes on the
benefits of Social Security beneficiaries with threshold incomes
(for purposes of the taxation of Social Security benefits) of
less than $32,000 for individuals and $40,000 for married
couples filing joint returns.
(C) Consistent with the position of the Administration, the
BTU tax will be imposed at the same rate on all fuels purchased
by households for home heating purposes, and therefore the
supplemental tax on oil will not be imposed on such fuels.
(D) Any energy tax enacted during the One Hundred Third
Congress should provide such relief to the agriculture industry
as is necessary to ensure that the industry does not absorb a
disproportionate impact of that tax.
(2) National defense (function 050).--(A) If the estimates
for inflation for fiscal years 1994 through 1998 used in the
President's fiscal year 1994 budget request and this concurrent
resolution are too low, the amounts for budget authority and
outlays for the National Defense (050) and other budget
functions should be increased to offset the adverse effects of
the higher inflation.
(B) If Congress does not enact legislation freezing Federal
pay levels for fiscal year 1994 and reducing the rates of
increase in Federal pay levels for fiscal years 1995 through
1997, as assumed for the President's fiscal year 1994 budget
request and this concurrent resolution, there should be
appropriate increases in the amounts of budget authority and
outlays for the National Defense (050) and other budget
functions in this concurrent resolution to allow the departments
and agencies of the Federal Government to meet the resulting
increases in costs for pay.
(C) Appropriations for fiscal year 1994 for the programs,
projects, activities, and authorities under budget functional
category 050 (National Defense) should be made at the levels of
budget authority and outlays that are provided for in this
concurrent resolution for such functional category for such
fiscal year.
(D) If the appropriations for fiscal year 1994 for such
programs, projects, activities, and authorities are less than
the levels of budget authority and outlays that are provided for
in this concurrent resolution for such functional category for
such fiscal year, the savings resulting from the lesser levels
of appropriations should be used only for reducing the deficit
in the budget of the United States.
(E) The Congress should promptly reconsider the amounts
determined and declared by the Congress in this resolution to be
the appropriate levels of new budget authority, outlays, new
direct loan obligations, and new primary loan guarantee
commitments for fiscal years 1994 through 1998 for the National
Defense (050) functional category, in the event of material
change in situations affecting the security interests of the
United States.
(3) General science, space, and technology (function 250).--
The budget authority and outlay figures for function 250 in this
resolution do not assume any amounts for the National
Aeronautics and Space Administration for any fiscal year from
1994 through 1998 in excess of the amounts proposed by the
President for such fiscal year.
(4) Natural resources and environment (function 300).--(A)
Fees charged for domestic livestock grazing on lands under the
jurisdiction of the Secretary of Agriculture and the Secretary
of the Interior in western States should be set at an amount
that permits the ranching industry to remain viable and reflects
the economic realities of the industry, rather than at an amount
that meets arbitrary revenue targets.
(B) Royalty fees charged for hardrock mining should be set
at an amount that permits the mining industry to remain viable
in the United States and reflects the economic realities of the
industry, rather than at an amount that meets arbitrary revenue
targets.
(5) Education, training, employment, and social services
(function 500).--(A) The Head Start program will be funded at
the level requested by the President for fiscal year 1998.
(B) The education reform and initiatives will be funded at
the level requested by the President for fiscal year 1998.
(C) The defense conversion programs will be funded at the
level requested by the President for fiscal year 1998.
(6) Health (function 550).--(A) The Committee on Labor and
Human Resources will make every effort to embark upon a
sustained investment strategy in health research and development
over the next 5 years and support for the continuum of medical
research should be a central feature in any plan to reform the
United States health care system.
(B) The vast majority of rising mandatory program costs is
due to increasing Federal health care costs, and these costs are
assumed in the levels set forth in this resolution.
(C) Health care reform is essential to curb the escalating
costs of health entitlement programs to reduce the deficit.
(D) The reduction in health costs in this budget resolution
should be augmented by further savings in Federal health outlays
as a part of comprehensive health care reform which will be
reflected in future budget resolutions.
(E) Comprehensive health reform will result in long term
savings both for the public and private sectors of the American
economy, and reduce the deficit levels set forth in this
resolution at an ever increasing pace.
(F) Health care reform legislation should receive priority
attention by the United States Congress with a target date of
enactment of such legislation being no later then September 30,
1993.
(7) Income security (function 600).--The Women, Infants, and
Children (WIC) program will be funded at the level requested by
the President for fiscal year 1998.
(8) Administration of justice (function 750).--(A) The
Community Policing (``Cops on the Beat'') program will be funded
at the level requested by the President for fiscal year 1998.
(B) Funds to reduce the availability and use of illegal
drugs will be shifted over the next 5 years so that the
allocation shall be equally distributed between the so-called
``supply side'' (interdiction, law enforcement, and
international supply reduction efforts) and the so-called
``demand side'' (education, rehabilitation, treatment, and
research programs).
(b) Debt Limit in Reconciliation.--(1) Any concurrent resolution
on the budget that contains reconciliation directives shall include
a directive with respect to the statutory limit on the public debt.
(2) Any change in the statutory limit on the public debt that is
recommended pursuant to a reconciliation directive shall be included
in the reconciliation legislation reported pursuant to section 310
of the Congressional Budget Act of 1974 for that fiscal year.
(3) Except as provided in paragraph (4), the Senate shall not
consider any bill or joint resolution (or any amendment thereto or
conference report thereon) that increases the statutory limit on the
public debt during a fiscal year above the level set forth as
appropriate for that fiscal year in the concurrent resolution on the
budget for that fiscal year agreed to under section 301 of the
Congressional Budget Act of 1974.
(4) The prohibition of paragraph (3) shall not apply to a
reconciliation bill or reconciliation resolution reported pursuant
to section 310(b) of the Congressional Budget Act of 1974 during any
fiscal year (or any conference report thereon) that contains a
provision that--
(A) increases the statutory limit on the public debt
pursuant to a directive of the type described in section
310(a)(3) of that Act; and
(B) becomes effective on or after the first day of the
following fiscal year.
(c) Deficit Reduction Account.--It is assumed that the Committee
on Finance of the Senate and the Committee on Ways and Means of the
House of Representatives should report legislation to--
(1) establish a separate account in the Treasury into which
all of the amounts by which the aggregate levels of Federal
revenue should be increased would be deposited;
(2) ensure that any revenues deposited in such account would
not be available for appropriation; and
(3) provide that any such revenues deposited in such account
would be used to retire outstanding debt obligations of the
United States Government.
(d) Line-Item Veto Authority Including Appropriations and Tax
Expenditures.--The President should be granted line-item veto
authority over items of appropriation and tax expenditures and that
line-item veto authority should expire at the conclusion of the One
Hundred Third Congress.
(e) Use of Savings From Government Streamlining.--Any amounts
saved through the efforts of the National Performance Review Task
Force headed by the Vice President and as a result of any other
reorganization and streamlining ofP
the Federal Government should be applied to offset the cost of any
economic stimulus package enacted in fiscal year 1993, and any
amounts saved in excess of those necessary to offset the cost of any
such economic stimulus should be applied to reduce the Federal
budget deficit and for no other purpose.
Attest:
Clerk of the House of Representatives.
Attest:
Secretary of the Senate.