[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. Con. Res. 13 Placed on Calendar Senate (PCS)]





                                                       Calendar No. 109

104th CONGRESS

  1st Session

                            S. CON. RES. 13

                          [Report No. 104-82]

_______________________________________________________________________

                         CONCURRENT RESOLUTION

Setting forth the congressional budget for the United States Government 
   for the fiscal years 1996, 1997, 1998, 1999, 2000, 2001, and 2002.

_______________________________________________________________________

                              May 15, 1995

                         Placed on the calendar





                                                       Calendar No. 109
104th CONGRESS
  1st Session
S. CON. RES. 13

                          [Report No. 104-82]

Setting forth the congressional budget for the United States Government 
   for the fiscal years 1996, 1997, 1998, 1999, 2000, 2001, and 2002.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 15, 1995

Mr. Domenici, from the Committee on the Budget, reported 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 1996, 1997, 1998, 1999, 2000, 2001, and 2002.
    Resolved by the Senate (the House of Representatives concurring),

SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 1996.

    (a) Declaration.--The Congress determines and declares that this 
resolution is the concurrent resolution on the budget for fiscal year 
1996, including the appropriate budgetary levels for fiscal years 1997, 
1998, 1999, 2000, 2001, and 2002, 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 1996.
                      TITLE I--LEVELS AND AMOUNTS

Sec. 2. Recommended levels and amounts.
Sec. 3. Debt increase.
Sec. 4. Social Security.
Sec. 5. Major functional categories.
Sec. 6. Reconciliation.
             TITLE II--BUDGETARY RESTRAINTS AND RULEMAKING

Sec. 201. Discretionary spending limits.
Sec. 202. Extension of pay-as-you-go point of order.
Sec. 203. Tax reserve fund in the Senate.
Sec. 204. Budget surplus allowance.
Sec. 205. Scoring of emergency legislation.
Sec. 206. Sale of Government assets.
Sec. 207. Credit reform and guaranteed student loans.
Sec. 208. Extension of Budget Act 60-vote enforcement through 2002.
Sec. 209. Repeal of IRS allowance.
Sec. 210. Exercise of rulemaking powers.
            TITLE III--SENSE OF THE CONGRESS AND THE SENATE

Sec. 301. Restructuring Government and program terminations.
Sec. 302. Sense of the Senate regarding returning programs to the 
                            States.
Sec. 303. Commercialization of Federal activities.
Sec. 304. Nonpartisan Advisory Commission on the CPI.
Sec. 305. Sense of the Congress on a uniform accounting system in the 
                            Federal Government.
Sec. 306. Sense of the Congress that 90 percent of the benefits of any 
                            tax cuts must go to the middle class.
Sec. 307. Bipartisan Commission on the Solvency of Medicare.
Sec. 308. Sense of the Senate on the distribution of agriculture 
                            savings.
Sec. 309. Sense of the Congress regarding protection of children's 
                            health.
Sec. 310. Sense of the Senate that lobbying expenses should remain 
                            nondeductible.
Sec. 311. Expatriate taxes.
                      TITLE I--LEVELS AND AMOUNTS

SEC. 2. RECOMMENDED LEVELS AND AMOUNTS.

    The following budgetary levels are appropriate for the fiscal years 
1996, 1997, 1998, 1999, 2000, 2001, and 2002:
    (1) Federal Revenues.--(A) For purposes of the enforcement of this 
resolution--
            (i) The recommended levels of Federal revenues are as 
        follows:
                    Fiscal year 1996: $1,042,400,000,000.
                    Fiscal year 1997: $1,082,800,000,000.
                    Fiscal year 1998: $1,134,200,000,000.
                    Fiscal year 1999: $1,188,400,000,000.
                    Fiscal year 2000: $1,247,400,000,000.
                    Fiscal year 2001: $1,314,200,000,000.
                    Fiscal year 2002: $1,385,000,000,000.
            (ii) The amounts by which the aggregate levels of Federal 
        revenues should be changed are as follows:
                    Fiscal year 1996: -$600,000,000.
                    Fiscal year 1997: -$700,000,000.
                    Fiscal year 1998: -$800,000,000.
                    Fiscal year 1999: $900,000,000.
                    Fiscal year 2000: $1,200,000,000.
                    Fiscal year 2001: $0.
                    Fiscal year 2002: $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 1996: $103,800,000,000.
                    Fiscal year 1997: $109,000,000,000.
                    Fiscal year 1998: $114,900,000,000.
                    Fiscal year 1999: $120,700,000,000.
                    Fiscal year 2000: $126,900,000,000.
                    Fiscal year 2001: $133,600,000,000.
                    Fiscal year 2002: $140,400,000,000.
    (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 1996: $938,600,000,000.
                    Fiscal year 1997: $937,800,000,000.
                    Fiscal year 1998: $1,019,300,000,000.
                    Fiscal year 1999: $1,067,700,000,000.
                    Fiscal year 2000: $1,120,500,000,000.
                    Fiscal year 2001: $1,180,600,000,000.
                    Fiscal year 2002: $1,244,600,000,000.
            (ii) The amounts by which the aggregate levels of Federal 
        revenues should be changed are as follows:
                    Fiscal year 1996: -$595,000,000.
                    Fiscal year 1997: -$701,000,000.
                    Fiscal year 1998: -$793,000,000.
                    Fiscal year 1999: $902,000,000.
                    Fiscal year 2000: $1,201,000,000.
                    Fiscal year 2001: $11,000,000.
                    Fiscal year 2002: -$6,000,000.
    (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 1996: $1,268,500,000,000.
                    Fiscal year 1997: $1,295,300,000,000.
                    Fiscal year 1998: $1,343,400,000,000.
                    Fiscal year 1999: $1,385,900,000,000.
                    Fiscal year 2000: $1,444,800,000,000.
                    Fiscal year 2001: $1,472,000,000,000.
                    Fiscal year 2002: $1,518,100,000,000.
    (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 new budget authority are 
as follows:
                    Fiscal year 1996: $1,171,200,000,000.
                    Fiscal year 1997: $1,194,800,000,000.
                    Fiscal year 1998: $1,237,000,000,000.
                    Fiscal year 1999: $1,272,500,000,000.
                    Fiscal year 2000: $1,324,400,000,000.
                    Fiscal year 2001: $1,324,400,000,000.
                    Fiscal year 2002: $1,377,900,000,000.
    (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 1996: $1,274,800,000,000.
                    Fiscal year 1997: $1,292,700,000,000.
                    Fiscal year 1998: $1,320,000,000,000.
                    Fiscal year 1999: $1,367,100,000,000.
                    Fiscal year 2000: $1,422,300,000,000.
                    Fiscal year 2001: $1,451,000,000,000.
                    Fiscal year 2002: $1,498,500,000,000.
    (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 budget outlays are as 
follows:
                    Fiscal year 1996: $1,179,200,000,000.
                    Fiscal year 1997: $1,193,200,000,000.
                    Fiscal year 1998: $1,214,600,000,000.
                    Fiscal year 1999: $1,255,500,000,000.
                    Fiscal year 2000: $1,302,900,000,000.
                    Fiscal year 2001: $1,322,500,000,000.
                    Fiscal year 2002: $1,359,500,000,000.
    (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 1996: $232,400,000,000.
                    Fiscal year 1997: $209,900,000,000.
                    Fiscal year 1998: $185,800,000,000.
                    Fiscal year 1999: $178,700,000,000.
                    Fiscal year 2000: $174,900,000,000.
                    Fiscal year 2001: $136,800,000,000.
                    Fiscal year 2002: $113,500,000,000.
    (B) For purposes of section 710 of the Social Security Act 
(excluding the receipts and disbursements of the Hospital Insurance 
Trust Fund), the amounts of the deficits are as follows:
                    Fiscal year 1996: $240,600,000,000.
                    Fiscal year 1997: $219,400,000,000.
                    Fiscal year 1998: $195,300,000,000.
                    Fiscal year 1999: $187,800,000,000.
                    Fiscal year 2000: $182,400,000,000.
                    Fiscal year 2001: $141,900,000,000.
                    Fiscal year 2002: $114,900,000,000.
    (5) Public Debt.--The appropriate levels of the public debt are as 
follows:
                    Fiscal year 1996: $5,201,700,000,000.
                    Fiscal year 1997: $5,481,000,000,000.
                    Fiscal year 1998: $5,734,900,000,000.
                    Fiscal year 1999: $5,980,000,000,000.
                    Fiscal year 2000: $6,219,000,000,000.
                    Fiscal year 2001: $6,421,800,000,000.
                    Fiscal year 2002: $6,599,500,000,000.
    (6) Direct Loan Obligations.--The appropriate levels of total new 
direct loan obligations are as follows:
                    Fiscal year 1996: $37,600,000,000.
                    Fiscal year 1997: $40,200,000,000.
                    Fiscal year 1998: $42,300,000,000.
                    Fiscal year 1999: $45,700,000,000.
                    Fiscal year 2000: $45,800,000,000.
                    Fiscal year 2001: $45,800,000,000.
                    Fiscal year 2002: $46,100,000,000.
    (7) Primary Loan Guarantee Commitments.--The appropriate levels of 
new primary loan guarantee commitments are as follows:
                    Fiscal year 1996: $193,400,000,000.
                    Fiscal year 1997: $187,900,000,000.
                    Fiscal year 1998: $185,300,000,000.
                    Fiscal year 1999: $183,300,000,000.
                    Fiscal year 2000: $184,700,000,000.
                    Fiscal year 2001: $186,100,000,000.
                    Fiscal year 2002: $187,600,000,000.

SEC. 3. DEBT INCREASE.

    The amounts of the increase in the public debt subject to 
limitation are as follows:
                    Fiscal year 1996: $298,700,000,000.
                    Fiscal year 1997: $279,300,000,000.
                    Fiscal year 1998: $253,900,000,000.
                    Fiscal year 1999: $245,100,000,000.
                    Fiscal year 2000: $239,000,000,000.
                    Fiscal year 2001: $202,800,000,000.
                    Fiscal year 2002: $177,700,000,000.

SEC. 4. 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 1996: $347,700,000,000.
                    Fiscal year 1997: $392,000,000,000.
                    Fiscal year 1998: $411,400,000,000.
                    Fiscal year 1999: $430,900,000,000.
                    Fiscal year 2000: $452,000,000,000.
                    Fiscal year 2001: $475,200,000,000.
                    Fiscal year 2002: $498,600,000,000.
    (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 1996: $299,400,000,000.
                    Fiscal year 1997: $310,900,000,000.
                    Fiscal year 1998: $324,600,000,000.
                    Fiscal year 1999: $338,500,000,000.
                    Fiscal year 2000: $353,100,000,000.
                    Fiscal year 2001: $368,100,000,000.
                    Fiscal year 2002: $383,800,000,000.

SEC. 5. 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 1996 through 
2000 for each major functional category are:
    (1) National Defense (050):
            Fiscal year 1996:
                    (A) New budget authority, $257,700,000,000.
                    (B) Outlays, $261,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $253,400,000,000.
                    (B) Outlays, $257,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $259,600,000,000.
                    (B) Outlays, $254,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $266,200,000,000.
                    (B) Outlays, $259,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $276,000,000,000.
                    (B) Outlays, $267,800,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $275,900,000,000.
                    (B) Outlays, $267,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $275,900,000,000.
                    (B) Outlays, $269,200,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
    (2) International Affairs (150):
            Fiscal year 1996:
                    (A) New budget authority, $15,400,000,000.
                    (B) Outlays, $16,900,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $14,300,000,000.
                    (B) Outlays, $15,100,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $13,500,000,000.
                    (B) Outlays, $14,300,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $12,600,000,000.
                    (B) Outlays, $13,500,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $14,100,000,000.
                    (B) Outlays, $13,100,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $14,300,000,000.
                    (B) Outlays, $13,400,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $14,200,000,000.
                    (B) Outlays, $13,300,000,000.
                    (C) New direct loan obligations, $5,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,300,000,000.
    (3) General Science, Space, and Technology (250):
            Fiscal year 1996:
                    (A) New budget authority, $16,700,000,000.
                    (B) Outlays, $16,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $16,300,000,000.
                    (B) Outlays, $16,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $16,100,000,000.
                    (B) Outlays, $16,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $16,000,000,000.
                    (B) Outlays, $16,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $15,800,000,000.
                    (B) Outlays, $15,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $15,800,000,000.
                    (B) Outlays, $15,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $15,800,000,000.
                    (B) Outlays, $15,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
    (4) Energy (270):
            Fiscal year 1996:
                    (A) New budget authority, $2,900,000,000
                    (B) Outlays, $2,700,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $1,700,000,000.
                    (B) Outlays, $1,000,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $3,300,000,000.
                    (B) Outlays, $2,600,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $4,200,000,000.
                    (B) Outlays, $3,100,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $4,100,000,000.
                    (B) Outlays, $2,800,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $4,000,000,000.
                    (B) Outlays, $2,900,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $4,000,000,000.
                    (B) Outlays, $2,900,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, $0.
    (5) Natural Resources and Environment (300):
            Fiscal year 1996:
                    (A) New budget authority, $19,500,000,000.
                    (B) Outlays, $20,400,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $18,300,000,000.
                    (B) Outlays, $20,100,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $15,600,000,000.
                    (B) Outlays, $17,900,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $16,800,000,000.
                    (B) Outlays, $18,400,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $16,400,000,000.
                    (B) Outlays, $17,400,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $15,000,000,000.
                    (B) Outlays, $15,900,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $15,800,000,000.
                    (B) Outlays, $16,600,000,000.
                    (C) New direct loan obligations, $100,000,000.
                    (D) New primary loan guarantee commitments, $0.
    (6) Agriculture (350):
            Fiscal year 1996:
                    (A) New budget authority, $13,100,000,000.
                    (B) Outlays, $11,900,000,000.
                    (C) New direct loan obligations, $11,500,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $12,200,000,000.
                    (B) Outlays, $10,900,000,000.
                    (C) New direct loan obligations, $11,500,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $11,800,000,000.
                    (B) Outlays, $10,600,000,000.
                    (C) New direct loan obligations, $10,900,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $11,700,000,000.
                    (B) Outlays, $10,400,000,000.
                    (C) New direct loan obligations, $11,600,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $11,700,000,000.
                    (B) Outlays, $10,600,000,000.
                    (C) New direct loan obligations, $11,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $10,500,000,000.
                    (B) Outlays, $9,400,000,000.
                    (C) New direct loan obligations, $11,100,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $10,100,000,000.
                    (B) Outlays, $9,100,000,000.
                    (C) New direct loan obligations, $10,900,000,000.
                    (D) New primary loan guarantee commitments, 
                $5,700,000,000.
    (7) Commerce and Housing Credit (370):
            Fiscal year 1996:
                    (A) New budget authority, $2,500,000,000.
                    (B) Outlays, -$7,000,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $1,500,000,000.
                    (B) Outlays, -$5,400,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $600,000,000.
                    (B) Outlays, -$7,000,000,000
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $100,000,000.
                    (B) Outlays, -$5,100,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $1,700,000,000.
                    (B) Outlays, -$2,500,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $500,000,000.
                    (B) Outlays, -$3,300,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $200,000,000.
                    (B) Outlays, -$3,400,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $123,100,000,000.
    (8) Transportation (400):
            Fiscal year 1996:
                    (A) New budget authority, $36,500,000,000.
                    (B) Outlays, $38,300,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $38,800,000,000.
                    (B) Outlays, $32,800,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $39,400,000,000.
                    (B) Outlays, $31,800,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $40,200,000,000.
                    (B) Outlays, $31,300,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $41,200,000,000.
                    (B) Outlays, $31,100,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $41,000,000,000.
                    (B) Outlays, $31,100,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $40,800,000,000.
                    (B) Outlays, $31,100,000,000.
                    (C) New direct loan obligations, $200,000,000.
                    (D) New primary loan guarantee commitments, $0.
    (9) Community and Regional Development (450):
            Fiscal year 1996:
                    (A) New budget authority, $5,800,000,000.
                    (B) Outlays, $9,800,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $5,400,000,000.
                    (B) Outlays, $7,300,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $5,100,000,000.
                    (B) Outlays, $5,600,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $5,100,000,000.
                    (B) Outlays, $5,100,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $5,000,000,000.
                    (B) Outlays, $5,100,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $4,500,000,000.
                    (B) Outlays, $5,000,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $4,400,000,000.
                    (B) Outlays, $5,000,000,000.
                    (C) New direct loan obligations, $2,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $1,200,000,000.
    (10) Education, Training, Employment, and Social Services (500):
            Fiscal year 1996:
                    (A) New budget authority, $48,100,000,000.
                    (B) Outlays, $51,700,000,000.
                    (C) New direct loan obligations, $13,600,000,000.
                    (D) New primary loan guarantee commitments, 
                $16,300,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $47,300,000,000.
                    (B) Outlays, $47,900,000,000.
                    (C) New direct loan obligations, $16,300,000,000.
                    (D) New primary loan guarantee commitments, 
                $15,900,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $47,200,000,000.
                    (B) Outlays, $47,000,000,000.
                    (C) New direct loan obligations, $19,100,000,000.
                    (D) New primary loan guarantee commitments, 
                $15,200,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $47,400,000,000.
                    (B) Outlays, $46,800,000,000.
                    (C) New direct loan obligations, $21,800,000,000.
                    (D) New primary loan guarantee commitments, 
                $14,300,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $47,800,000,000.
                    (B) Outlays, $47,300,000,000.
                    (C) New direct loan obligations, $21,900,000,000.
                    (D) New primary loan guarantee commitments, 
                $15,000,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $47,300,000,000.
                    (B) Outlays, $46,800,000,000.
                    (C) New direct loan obligations, $22,000,000,000.
                    (D) New primary loan guarantee commitments, 
                $15,800,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $47,400,000,000.
                    (B) Outlays, $46,900,000,000.
                    (C) New direct loan obligations, $22,200,000,000.
                    (D) New primary loan guarantee commitments, 
                $16,600,000,000.
    (11) Health (550):
            Fiscal year 1996:
                    (A) New budget authority, $120,100,000,000.
                    (B) Outlays, $120,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $126,600,000,000.
                    (B) Outlays, $126,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $132,100,000,000.
                    (B) Outlays, $132,200,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $137,000,000,000.
                    (B) Outlays, $136,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $141,100,000,000.
                    (B) Outlays, $140,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $145,200,000,000.
                    (B) Outlays, $145,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $149,600,000,000.
                    (B) Outlays, $149,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $300,000,000.
    (12) Medicare (570):
            Fiscal year 1996:
                    (A) New budget authority, $171,900,000,000.
                    (B) Outlays, $169,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $180,500,000,000.
                    (B) Outlays, $178,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $193,100,000,000.
                    (B) Outlays, $191,400,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $207,400,000,000.
                    (B) Outlays, $204,800,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $221,400,000,000.
                    (B) Outlays, $219,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $238,900,000,000.
                    (B) Outlays, $236,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $258,900,000,000.
                    (B) Outlays, $256,700,000,000.
                    (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 1996:
                    (A) New budget authority, $61,200,000,000.
                    (B) Outlays, $60,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $66,500,000,000.
                    (B) Outlays, $65,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $73,700,000,000.
                    (B) Outlays, $73,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $81,900,000,000.
                    (B) Outlays, $81,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $90,300,000,000.
                    (B) Outlays, $89,400,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $100,400,000,000.
                    (B) Outlays, $99,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $112,300,000,000.
                    (B) Outlays, $111,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
    (14) Income Security (600):
            Fiscal year 1996:
                    (A) New budget authority, $226,300,000,000.
                    (B) Outlays, $225,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $233,700,000,000.
                    (B) Outlays, $235,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $253,000,000,000.
                    (B) Outlays, $246,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $256,000,000,000.
                    (B) Outlays, $257,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $272,600,000,000.
                    (B) Outlays, $272,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $277,500,000,000.
                    (B) Outlays, $277,400,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $291,900,000,000.
                    (B) Outlays, $291,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,000,000,000.
    (15) Social Security (650):
            Fiscal year 1996:
                    (A) New budget authority, $5,900,000,000.
                    (B) Outlays, $8,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $8,100,000,000.
                    (B) Outlays, $10,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $8,800,000,000.
                    (B) Outlays, $11,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $9,600,000,000.
                    (B) Outlays, $12,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $10,500,000,000.
                    (B) Outlays, $12,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $11,100,000,000.
                    (B) Outlays, $13,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $11,700,000,000.
                    (B) Outlays, $14,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
    (16) Veterans Benefits and Services (700):
            Fiscal year 1996:
                    (A) New budget authority, $37,400,000,000.
                    (B) Outlays, $36,900,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, 
                $26,700,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $37,500,000,000.
                    (B) Outlays, $37,700,000,000.
                    (C) New direct loan obligations, $1,100,000,000.
                    (D) New primary loan guarantee commitments, 
                $21,600,000,000.
            Fiscal year 1998:
                    (A) New budget authority, $37,600,000,000.
                    (B) Outlays, $38,000,000,000.
                    (C) New direct loan obligations, $1,000,000,000.
                    (D) New primary loan guarantee commitments, 
                $19,700,000,000.
            Fiscal year 1999:
                    (A) New budget authority, $37,900,000,000.
                    (B) Outlays, $38,200,000,000.
                    (C) New direct loan obligations, $1,000,000,000.
                    (D) New primary loan guarantee commitments, 
                $18,600,000,000.
            Fiscal year 2000:
                    (A) New budget authority, $37,900,000,000.
                    (B) Outlays, $39,400,000,000.
                    (C) New direct loan obligations, $1,200,000,000.
                    (D) New primary loan guarantee commitments, 
                $19,300,000,000.
            Fiscal year 2001:
                    (A) New budget authority, $38,300,000,000.
                    (B) Outlays, $40,100,000,000.
                    (C) New direct loan obligations, $1,400,000,000.
                    (D) New primary loan guarantee commitments, 
                $19,900,000,000.
            Fiscal year 2002:
                    (A) New budget authority, $38,700,000,000.
                    (B) Outlays, $40,400,000,000.
                    (C) New direct loan obligations, $1,700,000,000.
                    (D) New primary loan guarantee commitments, 
                $20,600,000,000.
    (17) Administration of Justice (750):
            Fiscal year 1996:
                    (A) New budget authority, $20,000,000,000.
                    (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, $20,700,000,000.
                    (B) Outlays, $21,200,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $21,400,000,000.
                    (B) Outlays, $22,400,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
        Fiscal year 1999:
                    (A) New budget authority, $22,300,000,000.
                    (B) Outlays, $23,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
        Fiscal year 2000:
                    (A) New budget authority, $22,300,000,000.
                    (B) Outlays, $23,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $21,900,000,000.
                    (B) Outlays, $23,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $21,800,000,000.
                    (B) Outlays, $23,200,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
    (18) General Government (800):
            Fiscal year 1996:
                    (A) New budget authority, $12,500,000,000.
                    (B) Outlays, $13,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $12,400,000,000.
                    (B) Outlays, $12,400,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $12,200,000,000.
                    (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, $12,100,000,000.
                    (B) Outlays, $12,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $12,000,000,000.
                    (B) Outlays, $11,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $11,600,000,000.
                    (B) Outlays, $11,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $11,600,000,000.
                    (B) Outlays, $11,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
    (19) Net Interest (900):
            Fiscal year 1996:
                    (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 1997:
                    (A) New budget authority, $308,900,000,000.
                    (B) Outlays, $308,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $316,600,000,000.
                    (B) Outlays, $316,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $327,800,000,000.
                    (B) Outlays, $327,800,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $338,600,000,000.
                    (B) Outlays, $338,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $345,500,000,000.
                    (B) Outlays, $345,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $353,300,000,000.
                    (B) Outlays, $353,300,000,000.
                    (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 1996:
                    (A) New budget authority, $308,800,000,000.
                    (B) Outlays, $308,800,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, $319,800,000,000.
                    (B) Outlays, $319,800,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, $326,900,000,000.
                    (B) Outlays, $326,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, $337,100,000,000.
                    (B) Outlays, $337,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, $346,300,000,000.
                    (B) Outlays, $346,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, $351,200,000,000.
                    (B) Outlays, $351,200,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, $356,400,000,000.
                    (B) Outlays, $356,400,000,000.
                    (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 1996: $369,598,000,000.
            Fiscal year 1997: $380,164,000,000.
            Fiscal year 1998: $388,144,000,000.
            Fiscal year 1999: $400,182,000,000.
            Fiscal year 2000: $411,444,000,000.
            Fiscal year 2001: $421,668,000,000.
            Fiscal year 2002: $430,760,000,000.
    (22) Allowances (920):
            Fiscal year 1996:
                    (A) New budget authority, -$8,600,000,000.
                    (B) Outlays, -$6,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, -$8,500,000,000.
                    (B) Outlays, -$8,500,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, -$7,300,000,000.
                    (B) Outlays, -$7,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, -$6,800,000,000.
                    (B) Outlays, -$7,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, -$5,700,000,000.
                    (B) Outlays, -$6,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, -$5,700,000,000.
                    (B) Outlays, -$6,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, -$5,700,000,000.
                    (B) Outlays, -$6,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
    (23) Undistributed Offsetting Receipts (950):
            Fiscal year 1996:
                    (A) New budget authority, -$33,100,000,000.
                    (B) Outlays, -$33,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (A) New budget authority, -$33,800,000,000.
                    (B) Outlays, -$33,800,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1998:
                    (A) New budget authority, -$36,300,000,000.
                    (B) Outlays, -$36,300,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, -$37,700,000,000.
                    (B) Outlays, -$37,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, -$39,700,000,000.
                    (B) Outlays, -$39,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, -$41,100,000,000.
                    (B) Outlays, -$41,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, -$42,300,000,000.
                    (B) Outlays, -$42,300,000,000.
                    (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 1996:
                    (A) New budget authority, -$30,600,000,000.
                    (B) Outlays, -$30,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1997:
                    (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 1998:
                    (A) New budget authority, -$33,600,000,000.
                    (B) Outlays, -$33,600,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 1999:
                    (A) New budget authority, -$34,900,000,000.
                    (B) Outlays, -$34,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2000:
                    (A) New budget authority, -$36,700,000,000.
                    (B) Outlays, -$36,700,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2001:
                    (A) New budget authority, -$37,900,000,000.
                    (B) Outlays, -$37,900,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
            Fiscal year 2002:
                    (A) New budget authority, -$39,000,000,000.
                    (B) Outlays, -$39,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, $0.
SEC. 6. RECONCILIATION.

    (a) Senate Committees.--Not later than July 14, 1995, 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 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 $2,490,000,000 in fiscal year 1996, 
        $27,973,000,000 for the period of fiscal years 1996 through 
        2000, and $45,804,000,000 for the period of fiscal years 1996 
        through 2002.
            (2) Committee on armed services.--The Senate Committee on 
        Armed Services shall report changes in laws within its 
        jurisdiction that provide direct spending to reduce outlays 
        $21,000,000 in fiscal year 1996, $338,000,000 for the period of 
        fiscal years 1996 through 2000, and $649,000,000 for the period 
        of fiscal years 1996 through 2002.
            (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 $373,000,000 in fiscal year 1996, $5,742,000,000 for 
        the period of fiscal years 1996 through 2000, and 
        $6,690,000,000 for the period of fiscal years 1996 through 
        2002.
            (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 $2,464,000,000 in fiscal year 1996, $21,937,000,000 
        for the period of fiscal years 1996 through 2000, and 
        $33,685,000,000 for the period of fiscal years 1996 through 
        2002.
            (5) Committee on energy and natural resources.--The Senate 
        Committee on Energy and Natural Resources shall report changes 
        in laws within its jurisdiction that provide direct spending to 
        reduce outlays $1,771,000,000 in fiscal year 1996, 
        $4,775,000,000 for the period of fiscal years 1996 through 
        2000, and $5,001,000,000 for the period of fiscal years 1996 
        through 2002.
            (6) Committee on environment and public works.--The Senate 
        Committee on Environment and Public Works shall report changes 
        in laws within its jurisdiction that provide direct spending to 
        reduce outlays $106,000,000 in fiscal year 1996, $1,290,000,000 
        for the period of fiscal years 1996 through 2000, and 
        $2,236,000,000 for the period of fiscal years 1996 through 
        2002.
            (7) Committee on finance.--The Senate Committee on Finance 
        shall report changes in laws within its jurisdiction that 
        provide direct spending to reduce outlays $21,657,000,000 in 
        fiscal year 1996, $278,760,000,000 for the period of fiscal 
        years 1996 through 2000, and $519,002,000,000 for the period of 
        fiscal years 1996 through 2002.
            (8) Committee on foreign relations.--The Senate Committee 
        on Foreign Relations shall report changes in laws within its 
        jurisdiction that provide direct spending to reduce outlays $0 
        in fiscal year 1996, $0 for the period of fiscal years 1996 
        through 2000, and $0 for the period of fiscal years 1996 
        through 2002.
            (9) Committee on governmental affairs.--The Senate 
        Committee on Governmental Affairs shall report changes in laws 
        within its jurisdiction that provide direct spending to reduce 
        outlays $118,000,000 in fiscal year 1996, $3,023,000,000 for 
        the period of fiscal years 1996 through 2000, and 
        $6,871,000,000 for the period of fiscal years 1996 through 
        2002.
            (10) Committee on the judiciary.--The Senate Committee on 
        the Judiciary shall report changes in laws within its 
        jurisdiction that provide direct spending to reduce outlays 
        $119,000,000 in fiscal year 1996, $923,000,000 for the period 
        of fiscal years 1996 through 2000, and $1,483,000,000 for the 
        period of fiscal years 1996 through 2002.
            (11) Committee on labor and human resources.--The Senate 
        Committee on Labor and Human Resources shall report changes in 
        laws within its jurisdiction that provide direct spending to 
        reduce outlays $1,141,000,000 in fiscal year 1996, 
        $9,165,000,000 for the period of fiscal years 1996 through 
        2000, and $13,795,000,000 for the period of fiscal years 1996 
        through 2002.
            (12) Committee on rules and administration.--The Senate 
        Committee on Foreign Relations shall report changes in laws 
        within its jurisdiction that provide direct spending to reduce 
        outlays $2,000,000 in fiscal year 1996, $280,000,000 for the 
        period of fiscal years 1996 through 2000, and $319,000,000 for 
        the period of fiscal years 1996 through 2002.
            (13) Committee on veterans' affairs.--The Senate Committee 
        on Veterans' Affairs shall report changes in laws within its 
        jurisdiction that provide direct spending to reduce outlays 
        $301,000,000 in fiscal year 1996, $5,760,000,000 for the period 
        of fiscal years 1996 through 2000, and $10,002,000,000 for the 
        period of fiscal years 1996 through 2002.
             TITLE II--BUDGETARY RESTRAINTS AND RULEMAKING

SEC. 201. DISCRETIONARY SPENDING LIMITS.

    (a) Definition.--As used in this section and for the purposes of 
allocations made pursuant to section 602(a) of the Congressional Budget 
Act of 1974, for the discretionary category, the term ``discretionary 
spending limit'' means--
            (1) with respect to fiscal year 1996--
                    (A) for the defense category $258,379,000,000 in 
                new budget authority and $262,035,000,000 in outlays; 
                and
                    (B) for the nondefense category $219,441,000,000 in 
                new budget authority and $264,908,000,000 in outlays;
            (2) with respect to fiscal year 1997--
                    (A) for the defense category $254,028,000,000 in 
                new budget authority and $257,695,000,000 in outlays; 
                and
                    (B) for the nondefense category $212,164,000,000 in 
                new budget authority and $249,248,000,000 in outlays;
            (3) with respect to fiscal year 1998--
                    (A) for the defense category $260,321,000,000 in 
                new budget authority and $255,226,000,000 in outlays; 
                and
                    (B) for the nondefense category $219,247,000,000 in 
                new budget authority and $244,735,000,000 in outlays;
            (4) with respect to fiscal year 1999--
                    (A) for the defense category $266,906,000,000 in 
                new budget authority and $260,331,000,000 in outlays; 
                and
                    (B) for the nondefense category $210,579,000,000 in 
                new budget authority and $242,240,000,000 in outlays;
            (5) with respect to fiscal year 2000--
                    (A) for the defense category $276,644,000,000 in 
                new budget authority and $268,468,000,000 in outlays; 
                and
                    (B) for the nondefense category $215,533,000,000 in 
                new budget authority and $243,293,000,000 in outlays;
            (6) with respect to fiscal year 2001--
                    (A) for the defense category $276,644,000,000 in 
                new budget authority and $268,468,000,000 in outlays; 
                and
                    (B) for the nondefense category $219,454,000,000 in 
                new budget authority and $248,790,000,000 in outlays; 
                and
            (7) with respect to fiscal year 2002--
                    (A) for the defense category $276,644,000,000 in 
                new budget authority and $270,000,000,000 in outlays; 
                and
                    (B) for the nondefense category $218,854,000,000 in 
                new budget authority and $248,160,000,000 in outlays;
as adjusted for changes in concepts and definitions and emergency 
appropriations.
    (b) Point of Order in the Senate.--
            (1) In general.--Except as provided in paragraph (2), it 
        shall not be in order in the Senate to consider--
                    (A) any concurrent resolution on the budget for 
                fiscal year 1996, 1997, 1998, 1999, 2000, 2001, or 2002 
                (or amendment, motion, or conference report on such a 
                resolution) that provides discretionary spending in 
                excess of the sum of the defense and nondefense 
                discretionary spending limits for such fiscal year; or
                    (B) any appropriations bill or resolution (or 
                amendment, motion, or conference report on such 
                appropriations bill or resolution) for fiscal year 
                1995, 1996, 1997, 1998, 1999, 2000, 2001, or 2002 that 
                would exceed any of the discretionary spending limits 
                in this section or suballocations of those limits made 
                pursuant to section 602(b) of the Congressional Budget 
                Act of 1974.
            (2) Exception.--This section 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) 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.
    (d) 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.
    (e) 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.

SEC. 202. EXTENSION OF PAY-AS-YOU-GO POINT OF ORDER.

    (a) Purpose.--The Senate declares that it is essential to--
            (1) ensure continued compliance with the balanced budget 
        plan set forth in this resolution; and
            (2) continue the pay-as-you-go enforcement system.
    (b) Point of Order.--
            (1) In general.--It shall not be in order in the Senate to 
        consider any direct-spending or receipts legislation (as 
        defined in paragraph (3)) that would increase the deficit for 
        any one of the three applicable time periods (as defined in 
        paragraph (2)) as measured pursuant to paragraph (4).
            (2) Applicable time periods.--For purposes of this 
        subsection, the term ``applicable time period'' means any one 
        of the three following periods--
                    (A) the first fiscal year covered by the most 
                recently adopted concurrent resolution on the budget;
                    (B) the period of the first 5 fiscal years covered 
                by the most recently adopted concurrent resolution on 
                the budget; or
                    (C) the period of the 5 fiscal years following the 
                first 5 years covered by the most recently adopted 
                concurrent resolution on the budget.
            (3) Direct-spending or receipts legislation.--For purposes 
        of this subsection, the term ``direct-spending or receipts 
        legislation'' shall--
                    (A) except as otherwise provided in this 
                subsection, include all direct-spending legislation as 
                that term is interpreted for purposes of the Balanced 
                Budget and Emergency Deficit Control Act of 1985;
                    (B) include--
                            (i) any bill, joint resolution, amendment, 
                        motion, or conference report to which this 
                        subsection otherwise applies; and
                            (ii) 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
                    (C) exclude--
                            (i) any concurrent resolution on the 
                        budget; and
                            (ii) 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.
            (4) Baseline.--Estimates prepared pursuant to this section 
        shall--
                    (A) use the baseline used for the most recent 
                concurrent resolution on the budget, and for years 
                beyond those covered by that concurrent resolution; and
                    (B) abide by the requirements of subsections (a) 
                through (d) of section 257 of the Balanced Budget and 
                Emergency Deficit Control Act of 1985, except that 
                references to ``outyears'' in that section shall be 
                deemed to apply to any year (other than the budget 
                year) covered by any one of the time periods defined in 
                paragraph (2) of this subsection.
    (c) 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.
    (d) 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.
    (e) 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.
    (f) Conforming Amendment.--Section 23 of House Concurrent 
Resolution 218 (103d Congress) is repealed.
    (g) Sunset.--Subsections (a) through (e) of this section shall 
expire September 30, 2002.

SEC. 203. TAX RESERVE FUND IN THE SENATE.

    (a) In General.--After passage of a conference report on 
legislation complying with the reconciliation requirements of section 
6, revenue and spending aggregates may be reduced and allocations may 
be revised for legislation that reduces revenues within 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 the 
deficit in this resolution for--
            (1) fiscal year 1996;
            (2) the period of fiscal years 1996 through 2000; or
            (3) the period of fiscal years 2001 through 2005.
    (b) Revised Allocations.--Upon the reporting of legislation 
pursuant to subsection (a), 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.
    (c) Reporting Revised Allocations.--The appropriate committee shall 
report appropriately revised allocations pursuant to sections 302(b) 
and 602(b) of the Congressional Budget Act of 1974 to carry out this 
section.

SEC. 204. BUDGET SURPLUS ALLOWANCE.

    (a) Adjustments.--For the purposes of points of order under the 
Congressional Budget and Impoundment Control Act of 1974 and this 
concurrent resolution on the budget, the revenue aggregates may be 
reduced and other appropriate budgetary aggregates and levels may be 
revised to reflect the additional deficit reduction achieved as 
calculated under subsection (c) for legislation that reduces revenues.
    (b) Revised Aggregates.--Upon the reporting of legislation pursuant 
to subsection (a), and again upon the submission of a conference report 
on such legislation (if a conference report is submitted), the Chairman 
of the Committee on Budget of the Senate may submit to the Senate 
appropriately revised budgetary aggregates and levels by an amount that 
does not exceed the additional deficit reduction calculated under 
subsection (d).
    (c) CBO Revised Deficit Estimate.--After the enactment of 
legislation that complies with the reconciliation directives of section 
6, the Congressional Budget Office shall provide the Chairman of the 
Committee on the Budget of the Senate a revised estimate of the deficit 
for fiscal years 1996 through 2005.
    (d) Additional Deficit Reduction.--For purposes of this section, 
the term ``additional deficit reduction'' means the amount by which the 
total deficit levels assumed in this resolution for a fiscal year 
exceed the revised deficit estimate provided pursuant to subsection (c) 
for such fiscal year for fiscal years 1996 through 2005.
    (e) CBO Certification and Contingencies.--This section shall not 
apply unless--
            (1) legislation has been enacted complying with the 
        reconciliation directives of section 6;
            (2) the Director of the Congressional Budget Office has 
        provided the estimate required by subsection (c); and
            (3) the revisions made pursuant to this subsection do not 
        cause a budget deficit for fiscal year 2002, 2003, 2004, or 
        2005.
SEC. 205. SCORING OF EMERGENCY LEGISLATION.

    Notwithstanding section 606(d)(2) of the Congressional Budget Act 
of 1974 and beginning with fiscal year 1996, the determinations under 
sections 302, 303, and 311 of such Act shall take into account any new 
budget authority, new entitlement authority, outlays, receipts, or 
deficit effects as a consequence of the provisions of section 
251(b)(2)(D) and 252(e) of the Balanced Budget and Emergency Deficit 
Control Act of 1985.

SEC. 206. SALE OF GOVERNMENT ASSETS.

    (a) Sense of the Congress.--It is the sense of the Congress that--
            (1) the prohibition on scoring asset sales has discouraged 
        the sale of assets that can be better managed by the private 
        sector and generate receipts to reduce the Federal budget 
        deficit;
            (2) the President's fiscal year 1996 budget included 
        $8,000,000,000 in receipts from asset sales and proposed a 
        change in the asset sale scoring rule to allow the proceeds 
        from these sales to be scored;
            (3) assets should not be sold if such sale would increase 
        the budget deficit over the long run; and
            (4) the asset sale scoring prohibition should be repealed 
        and consideration should be given to replacing it with a 
        methodology that takes into account the long-term budgetary 
        impact of asset sales.
    (b) Budgetary Treatment.--For purposes of any concurrent resolution 
on the budget and the Congressional Budget and Impoundment Control Act 
of 1974, the amounts realized from sales of assets shall be scored with 
respect to the level of budget authority, outlays, or revenues.
    (c) Definitions.--For purposes of this section, 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.
    (d) Treatment of Loan Assets.--For the purposes of this section, 
the sale of loan assets or the prepayment of a loan shall be governed 
by the terms of the Federal Credit Reform Act of 1990.

SEC. 207. CREDIT REFORM AND GUARANTEED STUDENT LOANS.

    For the purposes of allocations and points of order under the 
Congressional Budget Act of 1974 and this resolution, the cost of a 
direct loan shall be the net present value, at the time when the direct 
loan is disbursed, of the following cash flows for the estimated life 
of the loan:
            (1) Loan disbursements.
            (2) Repayments of principal.
            (3) Payments of interest and other payments by or to the 
        Government over the life of the loan after adjusting for 
        estimated defaults, prepayments, fees, penalties, and other 
        recoveries.
            (4) In the case of legislation increasing direct loan 
        commitments for a program in which loan commitments will equal 
        or exceed $5,000,000,000 for the coming fiscal year (or for any 
        prior fiscal year), direct expenses, including--
                    (A) activities related to credit extension, loan 
                origination, loan servicing, training, program 
                promotion, management of contractors, and payments to 
                contractors, other government entities, and program 
                participants;
                    (B) collection of delinquent loans; and
                    (C) writeoff and closeout of loans.

SEC. 208. EXTENSION OF BUDGET ACT 60-VOTE ENFORCEMENT THROUGH 2002.

    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 rules of the 
Senate through (but no later than) September 30, 2002.

SEC. 209. REPEAL OF IRS ALLOWANCE.

    Section 25 of House Concurrent Resolution 218 (103d Congress, 2d 
Session) is repealed.

SEC. 210. EXERCISE OF RULEMAKING POWERS.

    The Senate adopts the provisions of this title--
            (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.

            TITLE III--SENSE OF THE CONGRESS AND THE SENATE

SEC. 301. RESTRUCTURING GOVERNMENT AND PROGRAM TERMINATIONS.

    (a) Findings.--The Senate finds that to balance the Federal budget 
in a rational and reasonable manner requires an assessment of national 
priorities and the appropriate role of the Federal Government in 
meeting the challenges facing the United States in the 21st century.
    (b) Sense of the Senate.--It is the sense of the Senate that to 
balance the budget the Congress should--
            (1) restructure Federal programs to meet identified 
        national priorities in the most effective and efficient manner 
        so that program dollars get to the intended purpose or 
        recipient;
            (2) terminate programs that have largely met their goals, 
        that have outlived their original purpose, or that have been 
        superseded by other programs;
            (3) seek to end significant duplication among Federal 
        programs, which results in excessive administrative costs and 
        ill serve the American people; and
            (4) eliminate lower priority programs.

SEC. 302. SENSE OF THE SENATE REGARDING RETURNING PROGRAMS TO THE 
              STATES.

    (a) Findings.--The Senate finds that--
            (1) section 8 of article I of the Constitution grants the 
        Federal Government limited powers and the 10th amendment to the 
        Constitution expressly provides that the powers not delegated 
        to the Federal Government are reserved to the States and the 
        people;
            (2) in fiscal year 1993, the Federal Government provided 
        funds to States and localities through 593 categorical programs 
        totaling $206,000,000,000;
            (3) in attempting to solve every problem of society, the 
        Federal Government is overburdening the States and its citizens 
        with cumbersome and intrusive laws, programs, regulations, and 
        mandates; and
            (4) in administering many Federal programs, the States are 
        often better equipped to determine and respond to the 
        particular needs of the people than the Federal Government.
    (b) Sense of the Senate.--It is the sense of the Senate that--
            (1) Federal programs should be reviewed to determine 
        whether they are an appropriate function of the Federal 
        Government and whether they are more appropriately a 
        responsibility of the States consistent with the 10th amendment 
        to the Constitution;
            (2) Federal resources should be provided in a manner which 
        rewards work, promotes families, and provides a helping hand 
        during times of crisis;
            (3) the Federal Government should seek a new partnership 
        with States that recognizes that ``one size fits all'' 
        solutions of the past are flawed;
            (4) this new partnership should include block grants that 
        provide maximum flexibility to States and localities in terms 
        of the design and structure of programs to ensure the maximum 
        benefit at the least cost to the American taxpayer;
            (5) Federal funds must not be used to supplant existing 
        expenditures by individuals, localities, and States;
            (6) block grants should not be reduced to revenue sharing;
            (7) adequate safeguards should be in place to protect the 
        Federal investment, such as auditing or maintenance of effort 
        provisions; and
            (8) the inclusion of Federal goals and principles in block 
        grant programs may be appropriate, as well as essential data 
        collection requirements for evaluation purposes.

SEC. 303. COMMERCIALIZATION OF FEDERAL ACTIVITIES.

    (a) Findings.--The Senate finds that--
            (1) there are a number of functions being performed by the 
        Federal Government that should not be performed by the Federal 
        Government because they could be more conveniently and 
        efficiently provided by the private sector;
            (2) our Founding Fathers wrote a Constitution that created 
        a Federal Government of limited powers and limited 
        responsibility;
            (3) the current Federal Government owns one-third of the 
        land of this great Nation, oil fields, hospitals, railroads, 
        Tokyo office buildings, electric companies, 4,900,000 housing 
        units which are owned outright by Housing and Urban Development 
        or are eligible for Housing and Urban Development subsidy 
        payments, and loan portfolios that are larger than most of the 
        financial institutions in the country; and
            (4)(A) the Federal Government's encroachment into the 
        private sector is significant, often duplicative, inconsistent 
        with free market principles, and costly for taxpayers;
            (B) when the Federal Government monopolizes a service that 
        could be provided by the private sector it usually costs 
        taxpayers 30 percent more; and
            (C) one-fourth of the work done by Federal employees 
        competes with the private sector.
    (b) Sense of the Senate.--It is the sense of the Senate that--
            (1) Congress should better define privatization and how it 
        can contribute to ``right sizing'' the Federal Government and 
        at the same time achieve better service, more innovation, and 
        significant deficit reduction;
            (2) privatization can take at least four forms: asset 
        sales, contracting out, creating corporate enterprises under 
        strict and clearly defined deadlines designed to achieve full 
        privatization, and eliminating legislative barriers, 
        generically called ``private sector lockouts'';
            (3) provisions of law that prohibit or ``lockout'' the 
        private sector from competing for providing certain services 
        should be examined and eliminated;
            (4) the private sector from Main Street, Wall Street and 
        Academia should be encouraged by the President and the Congress 
        to bring forward their privatization best practices and 
        proposals for privatization;
            (5) the Head of each Federal agency and department and the 
        Office of Management and Budget should designate senior level 
        staff persons to develop and evaluate private sector 
        privatization initiatives that should be included in the 
        President's budget;
            (6)(A) the Office of Management and Budget should set 
        appropriate privatization goals for each agency; and
            (B) no expansions of programs under a department's 
        jurisdiction should be approved by the Office of Management and 
        Budget unless the agency has achieved those privatization 
        goals;
            (7) section 257(e) of the Balanced Budget and Emergency 
        Deficit Control Act which prohibits crediting savings from 
        asset sales should be repealed or modified; and
            (8) Congress should evaluate privatization processes taking 
        place in other countries to determine what lessons could be 
        learned so that United States could develop a comprehensive 
        privatization policy by the end of the next fiscal year.

SEC. 304. NONPARTISAN ADVISORY COMMISSION ON THE CPI.

    (a) Findings.--The Congress finds that--
            (1) Congress intended to insulate certain government 
        beneficiaries and taxpayers from the effects of inflation by 
        indexing payments and tax brackets to the Consumer Price Index 
        (CPI);
            (2) approximately 30 percent of total Federal outlays and 
        45 percent of Federal revenues are indexed to reflect changes 
        in the CPI; and
            (3) the overwhelming consensus among experts is that the 
        method used to construct the CPI and
         the current calculation of the CPI both overstate the estimate 
of the true cost of living.
    (b) Sense of the Senate.--It is the sense of the Senate that--
            (1) a temporary advisory commission should be established 
        to make objective and nonpartisan recommendations concerning 
        the appropriateness and accuracy of the methodology and 
        calculations that determine the CPI;
            (2) the Commission should be appointed on a nonpartisan 
        basis, and should be composed of experts in the fields of 
        economics, statistics, or other related professions; and
            (3) the Commission should report its recommendations to the 
        Bureau of Labor Statistics and to Congress at the earliest 
        possible date.

SEC. 305. SENSE OF THE CONGRESS ON A UNIFORM ACCOUNTING SYSTEM IN THE 
              FEDERAL GOVERNMENT.

    (a) Findings.--The Congress finds the following:
            (1) Much effort has been devoted to strengthening Federal 
        internal accounting controls in the past. Although progress has 
        been made in recent years, there still exists no uniform 
        Federal accounting system for Federal Government entities and 
        institutions.
            (2) As a result, Federal financial management continues to 
        be seriously deficient, and Federal financial management and 
        fiscal practices have failed to identify costs, failed to 
        reflect the total liabilities of congressional actions, and 
        failed to accurately report the financial condition of the 
        Federal Government.
            (3) Current Federal accounting practices do not adequately 
        report financial problems of the Federal Government or the full 
        cost of programs and activities. The continued use of these 
        practices undermines the Government's ability to provide 
        credible and reliable financial data, encourages already 
        widespread waste and inefficiency, and will not assist in 
        achieving a balanced budget.
            (4) Waste and inefficiency in Federal Government undermine 
        the confidence of the American people in the Government and 
        reduces the Federal Government's ability to address adequately 
        vital public needs.
            (5) To rebuild the accountability and credibility of the 
        Federal Government, and restore public confidence in the 
        Federal Government, a uniform Federal accounting system, that 
        fully meets the accounting standards and reporting objectives 
        for the Federal Government, must be immediately established so 
        that all assets and liabilities, revenues and expenditures or 
        expenses, and the full cost of programs and activities of the 
        Federal Government can be consistently and accurately recorded, 
        monitored, and uniformly reported throughout all government 
        entities for control and management evaluation purposes.
    (b) Sense of the Senate.--It is the sense of the Congress that--
            (1) a uniform Federal accounting system should be 
        established to consistently compile financial data across the 
        Federal Government, and to make full disclosure of Federal 
        financial data, including the full cost of Federal programs and 
        activities, to the citizens, the Congress, the President, and 
        agency management; and
            (2) beginning with fiscal year 1997, the President should 
        require the heads of agencies to--
                    (A) implement and maintain a uniform Federal 
                accounting system; and
                    (B) provide financial statements;
        in accordance with generally accepted accounting principles 
        applied on a consistent basis and established in accordance 
        with proposed Federal accounting standards and interpretations 
        recommended by the Federal Accounting Standards Advisory Board 
        and other applicable law.

SEC. 306. SENSE OF THE CONGRESS THAT 90 PERCENT OF THE BENEFITS OF ANY 
              TAX CUTS MUST GO TO THE MIDDLE CLASS.

    (a) Findings.--The Congress finds that--
            (1) the incomes of middle-class families have stagnated 
        since the early 1980's, with family incomes growing more slowly 
        between 1979 and 1989 than in any other business cycle since 
        World War II; and
            (2) according to the Department of the Treasury, in 1996, 
        approximately 90 percent of American families will have incomes 
        less than $100,000.
    (b) Sense of Congress.--It is the sense of the Congress that if the 
1996 Concurrent Budget Resolution includes any cut in taxes, 
approximately 90 percent of the benefits of these tax cuts must go to 
working families with incomes less than $100,000.

SEC. 307. BIPARTISAN COMMISSION ON THE SOLVENCY OF MEDICARE.

    (a) Findings.--Congress finds that--
            (1) the Health Insurance for the Aged Act, which created 
        the medicare program, was enacted on July 30, 1965, and, 
        therefore, the medicare program will celebrate its 30-year 
        anniversary on July 30, 1995;
            (2) on April 3, 1995, the Trustees of medicare submitted 
        their 1995 Annual Report on the Status of the medicare program 
        to the Congress;
            (3) the Trustees of medicare have concluded that ``the 
        medicare program is clearly unsustainable in its present 
        form'';
            (4) the Trustees of medicare have concluded that ``the 
        Hospital Insurance Trust Fund, which pays inpatient hospital 
        expenses, will be able to pay benefits for only about 7 years 
        and is severely out of financial balance in the long range'';
            (5) the Public Trustees of medicare have concluded that 
        ``the Supplementary Medical Insurance Trust Fund shows a rate 
        of growth of costs which is clearly unsustainable'';
            (6) the Trustees of medicare have recommended ``legislation 
        to reestablish the Quadrennial Advisory Council that will help 
        lead to effective solutions to the problems of the program'';
            (7) the Bipartisan Commission on Entitlement and Tax Reform 
        concluded that, absent long-term changes in medicare, projected 
        medicare outlays will increase from about 4 percent of the 
        payroll tax base today to over 15 percent of the payroll tax 
        base by the year 2030;
            (8) the Bipartisan Commission on Entitlement and Tax Reform 
        recommended, by a vote of 30 to 1, that spending and revenues 
        available for medicare must be brought into long-term balance;
            (9) the Public Trustees of medicare have concluded that 
        ``We had hoped for several years that comprehensive health 
        reform would include meaningful medicare reforms. However, with 
        the results of the last Congress, it is now clear that medicare 
        reform needs to be addressed urgently as a distinct legislative 
        initiative''; and
            (10) the Public Trustees of medicare ``strongly recommend 
        that the crisis presented by the financial condition of the 
        medicare trust funds be urgently addressed on a comprehensive 
        basis, including a review of the programs's financing methods, 
        benefit provisions, and delivery mechanisms.''.
    (b) Sense of the Congress.--It is the sense of the Congress that--
            (1) a special bipartisan commission should be established 
        immediately to make recommendations concerning the most 
        appropriate response to the short-term solvency and long-term 
        sustainability issues facing medicare;
            (2) the commission should report to Congress its 
        recommendations on the appropriate response to the short-term 
        solvency of medicare by July 10, 1995, in order that the 
        committees of jurisdiction may consider those recommendations 
        in fashioning an appropriate congressional response; and
            (3) the commission should report its recommendations to 
        respond to the Public Trustees' call to make medicare's 
        financial condition sustainable over the long term to Congress 
        by February 1, 1996.

SEC. 308. SENSE OF THE SENATE ON THE DISTRIBUTION OF AGRICULTURE 
              SAVINGS.

    It is the sense of the Senate that, in response to the 
reconciliation instructions in section 6 of this resolution, the Senate 
Committee on Agriculture, Nutrition, and Forestry should provide that 
no more than 20 percent of the savings be achieved in commodity 
programs.

SEC. 309. SENSE OF THE CONGRESS REGARDING PROTECTION OF CHILDREN'S 
              HEALTH.

    (a) Findings.--The Congress finds that--
            (1) Today's children and the next generation are the prime 
        beneficiaries of the benefits of attaining a balanced Federal 
        budget. Without a balanced budget, today's children must bear 
        the increasing burden of the Federal debt. Continued deficit 
        spending would doom future generations to slower economic 
        growth and lower living standards.
            (2) The health of children is essential to the future 
        economic and social well-being of the Nation.
            (3) Medicaid covers one in four children and one in three 
        births. Nearly 60 percent of children covered by medicaid are 
        from working families.
            (4) While children represent one-half of all people 
        eligible for medicaid, they account for less than 25 percent of 
        medicaid expenditures.
            (5) Medicaid provides a broad range of services essential 
        for the health of a significant portion of the Nation's 
        children with disabilities.
    (b) Sense of Congress.--It is the sense of the Congress that--
            (1) the health care needs of low-income pregnant women and 
        children should be a top priority;
            (2) careful study must be made of the impact of medicaid 
        reform proposals on children's health and on vital sources of 
        care including children's hospitals and community and migrant 
        health centers; and
            (3) medicaid reform legislation which would allow greater 
        State flexibility in the delivery of care and in the control of 
        the rate of growth in costs of the program should also 
        encourage States to place a priority on coverage for pregnant 
        women and children.

SEC. 310. SENSE OF THE SENATE THAT LOBBYING EXPENSES SHOULD REMAIN 
              NONDEDUCTIBLE.

    (a) Findings.--The Senate finds that ordinary Americans generally 
are not allowed to deduct the costs of communicating with their elected 
representatives.
    (b) Sense of the Senate.--It is the sense of the Senate that 
lobbying expenses should not be tax deductible.

SEC. 311. EXPATRIATE TAXES.

    It is the sense of the Senate that--
            (1) Congress should revise the Internal Revenue Code to 
        ensure that very wealthy individuals are not able to reduce or 
        avoid their United States income, estate, or gift tax liability 
        by relinquishing their United States citizenship; and
            (2) the increased revenues resulting from the revision 
        should be used to reduce the deficit.
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