110 HCON 109 IH: Establishing the congressional budget for
U.S. House of Representatives
2007-03-29
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
1.Concurrent resolution on the
budget for fiscal year 2008
(a)The Congress declares that the concurrent
resolution on the budget for fiscal year 2008 is hereby established and that
the appropriate budgetary levels for fiscal years 2009 through 2012 are set
forth.
(b)
Sec. 1. Concurrent resolution on the budget for fiscal year
2008.
Title I—RECOMMENDED LEVELS AND AMOUNTS
Subtitle A—Recommended Levels and Amounts
Sec. 101. Recommended levels and amounts.
Subtitle B—Major functional categories
Sec. 111. Principle Federal activities.
Sec. 112. Domestic discretionary programs.
Sec. 113. Major domestic entitlements.
Sec. 114. Government and financial management.
Title II—RECONCILIATION
Sec. 201. Reconciliation in the House of
Representatives.
Title III—Policy statements
Sec. 301. Policy of the United States Congress on
taxation.
Sec. 302. Policy of the United States Congress on entitlement
spending.
Sec. 303. Bonneville Power Marketing
Administration.
Title IV—General Budget Enforcement
Sec. 401. Restrictions on advance appropriations.
Sec. 402. Contingency operations related to the global war on
terrorism and for unanticipated defense needs.
Sec. 403. Application and effect of changes in allocations and
aggregates.
Sec. 404. Adjustments to reflect changes in concepts and
definitions.
Sec. 405. Compliance with section 13301 of the Budget
Enforcement Act of 1990.
Sec. 406. Exercise of rulemaking powers.
Sec. 407. Adjustments for tax legislation.
Sec. 408. Repeal of the Gephardt rule.
Sec. 409. Budget compliance statements.
Sec. 410. Cost estimates for conference reports and unreported
measures.
Sec. 411. Roll call votes for new spending.
Sec. 412. Budget process reform.
Sec. 413. Treasury Department study and report.
Sec. 414. Assistance by Federal agencies to standing committees
of the Senate and the House of Representatives.
Sec. 415. Budgetary treatment of the National Flood Insurance
Program.
Title V—Emergency Reserve Fund
Sec. 501. Nondefense reserve fund for emergencies.
Sec. 502. Emergency criteria.
Sec. 503. Development of guidelines for application of
emergency definition.
Sec. 504. Committee notification of emergency
legislation.
Sec. 505. Up-to-date tabulations.
Title VI—Legislative Line Item Veto Authority
Sec. 601. Presidential recommendations.
Sec. 602. Procedures in United States Congress.
Sec. 603. Identification of targeted tax benefits.
Sec. 604. Additional matters.
Sec. 605. Expiration.
Sec. 606. Sense of Congress on deferral authority.
Sec. 607. Sense of Congress on abuse of proposed
cancellations.
Title VII—Earmark Transparency
Sec. 701. Prohibition on obligation of funds for earmarks
included only in congressional reports.
Sec. 702. Definitions.
Title VIII—Pay-As-You-Go
Sec. 801. Pay-as-you-go point of order.
Title IX—Discretionary Spending Limits
Sec. 901. Discretionary spending limits in the
House.
Title X—Senses of Congress
Sec. 1001. Sense of the House regarding the importance of child
support enforcement.
Sec. 1002. Sense of the House on State veterans
cemeteries.
Sec. 1003. Sense of Congress on health insurance
reform.
Sec. 1004. Sense of the House on the Internal Revenue Code of
1986.
<enum>I</enum><header>RECOMMENDED LEVELS
AND AMOUNTS</header>
<subtitle id="HD50F1DE40FBE4D49ADB7D1656B794816"><enum>A</enum><header>Recommended Levels
and Amounts</header>
<section id="HDAC385BF7F954BB1B62E4E9EB6183465"><enum>101.</enum><header>Recommended
levels and amounts</header><text display-inline="no-display-inline">The
following budgetary levels are appropriate for each of fiscal years 2008
through 2012:</text>
<paragraph id="H0E9A92652B464A08BCB6E92E9BDC2A5"><enum>(1)</enum><header>Federal
revenues</header><text>For purposes of the enforcement of this
resolution:</text>
<subparagraph id="HB7723882519C4DADA696C8566DA6CA88"><enum>(A)</enum><text>The recommended
levels of Federal revenues are as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008:
$2,002,088,000,000.</list-item>
<list-item>Fiscal year 2009:
$2,097,634,000,000.</list-item>
<list-item>Fiscal year 2010:
$2,148,718,000,000.</list-item>
<list-item>Fiscal year 2011:
$2,244,002,000,000.</list-item>
<list-item>Fiscal year 2012:
$2,374,337,000,000.</list-item></list>
</subparagraph><subparagraph id="H1CFDB0E936E74885A81DCBC0F2FD92C7"><enum>(B)</enum><text>The amounts by
which the aggregate levels of Federal revenues should be decreased are as
follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008: $48,912,000,000.</list-item>
<list-item>Fiscal year 2009: $9,366,000,000.</list-item>
<list-item>Fiscal year 2010: $15,282,000,000.</list-item>
<list-item>Fiscal year 2011: $150,998,000,000.</list-item>
<list-item>Fiscal year 2012:
$222,663,000,000.</list-item></list>
</subparagraph></paragraph><paragraph id="HE817DFDDF19A422F82C25C300473C1AF"><enum>(2)</enum><header>New budget
authority</header><text>For purposes of the enforcement of this resolution, the
appropriate levels of total new budget authority are as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008:
$2,452,253,000,000.</list-item>
<list-item>Fiscal year 2009:
$2,432,323,000,000.</list-item>
<list-item>Fiscal year 2010:
$2,464,843,000,000.</list-item>
<list-item>Fiscal year 2011:
$2,575,993,000,000.</list-item>
<list-item>Fiscal year 2012:
$2,613,919,000,000.</list-item></list>
</paragraph><paragraph id="H236A4EEFB6174BBB8925991383325EAD"><enum>(3)</enum><header>Budget
outlays</header><text>For purposes of the enforcement of this resolution, the
appropriate levels of total budget outlays are as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008:
$2,427,922,000,000.</list-item>
<list-item>Fiscal year 2009:
$2,484,251,000,000.</list-item>
<list-item>Fiscal year 2010:
$2,468,400,000,000.</list-item>
<list-item>Fiscal year 2011:
$2,529,608,000,000.</list-item>
<list-item>Fiscal year 2012:
$2,530,737,000,000.</list-item></list>
</paragraph><paragraph id="HF5A0CD1DD3594E349C04C3A97C00C8BD"><enum>(4)</enum><header>Deficits
(on-budget)</header><text>For purposes of the enforcement of this resolution,
the amounts of the deficits (on-budget) are as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008: $425,834,000,000.</list-item>
<list-item>Fiscal year 2009: $386,617,000,000.</list-item>
<list-item>Fiscal year 2010: $319,682,000,000.</list-item>
<list-item>Fiscal year 2011: $285,609,000,000.</list-item>
<list-item>Fiscal year 2012:
$156,400,000,000.</list-item></list>
</paragraph><paragraph id="H2CF9C4B7EEFF4597AB9B1689DBDC21C1"><enum>(5)</enum><header>Debt subject to
limit</header><text>Pursuant to section 301(a)(5) of the Congressional Budget
Act of 1974, the appropriate levels of the public debt are as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008:
$9,476,349,000,000.</list-item>
<list-item>Fiscal year 2009:
$9,979,952,000,000.</list-item>
<list-item>Fiscal year 2010:
$10,418,522,000,000.</list-item>
<list-item>Fiscal year 2011:
$10,820,002,000,000.</list-item>
<list-item>Fiscal year 2012:
$11,105,786,000,000.</list-item></list>
</paragraph><paragraph id="H64FD8F9F39D14D2B8B38972B90725D3C"><enum>(6)</enum><header>Debt held by the
public</header><text>The appropriate levels of debt held by the public are as
follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008:
$5,284,759,000,000.</list-item>
<list-item>Fiscal year 2009:
$5,467,610,000,000.</list-item>
<list-item>Fiscal year 2010:
$5,570,986,000,000.</list-item>
<list-item>Fiscal year 2011:
$5,624,371,000,000.</list-item>
<list-item>Fiscal year 2012:
$5,537,610,000,000.</list-item></list>
</paragraph></section></subtitle><subtitle id="HF8CA0B19F567468E9EEE01590CA3DB"><enum>B</enum><header>Major functional
categories</header>
<section id="HC9F06A6B7A31411DBF4300EE874E3700"><enum>111.</enum><header>Principle
Federal activities</header><text display-inline="no-display-inline">The
Congress determines and declares that the appropriate levels of new
discretionary and mandatory budget authority and outlays for the Federal
Government’s principle Federal activities for fiscal years 2008 through 2012
are as follows:</text>
<paragraph id="H739A00D990454E01B8658E8F70DB2EFD"><enum>(1)</enum><text>National Defense
(050):</text>
<subparagraph id="HF6E181D41571434AA41CE05502A4B844"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HBA148C6CC0E1423D9DCBD08C56113946" indent="down1"><enum>(A)</enum><text>New budget authority,
$648,770,000,000.</text>
</subparagraph><subparagraph id="H022DB680427248D984BBDA947486C4EA" indent="down1"><enum>(B)</enum><text>Outlays, $617,792,000,000.</text>
</subparagraph><subparagraph id="HFF189D2FCFFA48CC9C93AADFA7458207"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HCFA3CB7D7EC146A5BAA4F949BAF74303" indent="down1"><enum>(A)</enum><text>New budget authority,
$584,705,000,000.</text>
</subparagraph><subparagraph id="H5A996CFFF0284D828DF25A3158167B0" indent="down1"><enum>(B)</enum><text>Outlays, $626,892,000,000.</text>
</subparagraph><subparagraph id="H5B38896AD6414EC2A4658DDDC0BD2500"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H7171E3683CD84CDEBCBFB679B7330014" indent="down1"><enum>(A)</enum><text>New budget authority,
$550,790,000,000.</text>
</subparagraph><subparagraph id="H9128A72894D84D08BE4BD26DCA42399C" indent="down1"><enum>(B)</enum><text>Outlays, $561,384,000,000.</text>
</subparagraph><subparagraph id="H1FCEB11270414CCEB53214D9B04ECCB"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H4A9CA6650F134238BACB00FEF1C1FB00" indent="down1"><enum>(A)</enum><text>New budget authority,
$564,117,000,000.</text>
</subparagraph><subparagraph id="HE57257835F844C54B2E800AFFAE9927D" indent="down1"><enum>(B)</enum><text>Outlays, $536,057,000,000.</text>
</subparagraph><subparagraph id="H8583AFD407F44EFEB94B81084C433F43"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H083077C41A63439BAA5EBA00E9006BA7" indent="down1"><enum>(A)</enum><text>New budget authority,
$579,375,000,000.</text>
</subparagraph><subparagraph id="H7675BF1F465B473AA45DB6B1DC0011F8" indent="down1"><enum>(B)</enum><text>Outlays, $525,407,000,000.</text>
</subparagraph></paragraph><paragraph id="H339BBB57831D4AEAA3C76501147C56B7"><enum>(2)</enum><text>International
Affairs (150):</text>
<subparagraph id="H286D039CE3294D78A96F01BFCE008F1D"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="H6687243F755F4BA894EF7C24FAB350AA" indent="down1"><enum>(A)</enum><text>New budget authority,
$31,989,000,000.</text>
</subparagraph><subparagraph id="H8FC4880F545C482CA731D5BA1979B281" indent="down1"><enum>(B)</enum><text>Outlays, $31,637,000,000.</text>
</subparagraph><subparagraph id="H68DEC109F157447CA84B2225CDB531D"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HE9734D571C5A45D7BBCAF9B64BAAEE00" indent="down1"><enum>(A)</enum><text>New budget authority,
$32,387,000,000.</text>
</subparagraph><subparagraph id="HBA9A24034FFE42759DD9E93E4799DCE9" indent="down1"><enum>(B)</enum><text>Outlays, $30,263,000,000.</text>
</subparagraph><subparagraph id="H54F4F72A713A4C77B217A3D2D898A07E"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="HFB9261786B964580ACFEFDD4E5FA47CB" indent="down1"><enum>(A)</enum><text>New budget authority,
$32,199,000,000.</text>
</subparagraph><subparagraph id="HAB825E81605447F4A3A36625B7E7CBFA" indent="down1"><enum>(B)</enum><text>Outlays, $29,873,000,000.</text>
</subparagraph><subparagraph id="H39B7AF01EB504B8DBAC6A4F9E8FD694"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H5377487428CD4A57BC987D80B7646003" indent="down1"><enum>(A)</enum><text>New budget authority,
$32,268,000,000.</text>
</subparagraph><subparagraph id="H3BE899CDD5F84FE8AA91CC949293C000" indent="down1"><enum>(B)</enum><text>Outlays, $29,679,000,000.</text>
</subparagraph><subparagraph id="H50568881B81D42109F5FD44DA217FC7F"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H992A654B0B774DEA89296DEE96296094" indent="down1"><enum>(A)</enum><text>New budget authority,
$32,336,000,000.</text>
</subparagraph><subparagraph id="H797A3AFD9C184FD6BAE6735CCF23DF4C" indent="down1"><enum>(B)</enum><text>Outlays, $29,774,000,000.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="HBEA82FB244AE416C9D197D048E47BB97"><enum>(3)</enum><text>Veterans Benefits
and Services (700):</text>
<subparagraph id="H037517F49D0C4037898F72C8FE90D09D"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HFE1798469D38467D9B38A4BF615710A4" indent="down1"><enum>(A)</enum><text>New budget authority,
$84,493,000,000.</text>
</subparagraph><subparagraph id="H4A94058D5DCF48FBAB93D05B2CFC188E" indent="down1"><enum>(B)</enum><text>Outlays, $84,512,000,000.</text>
</subparagraph><subparagraph id="HA301404B63344EC48425149F97DC71CC"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HAEB278CF3FE646758716BCDDEBBB8A1" indent="down1"><enum>(A)</enum><text>New budget authority,
$89,019,000,000.</text>
</subparagraph><subparagraph id="H36A51B55257848508FE5F0BAB9A61E06" indent="down1"><enum>(B)</enum><text>Outlays, $89,033,000,000.</text>
</subparagraph><subparagraph id="H4883C86A89F64A99806587C03559262C"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="HAD69B7C8DF06447C84DFF5E966B1B797" indent="down1"><enum>(A)</enum><text>New budget authority,
$92,397,000,000.</text>
</subparagraph><subparagraph id="H3A29F6C6E46F4A3F916F85DE48F1C644" indent="down1"><enum>(B)</enum><text>Outlays, $90,798,000,000.</text>
</subparagraph><subparagraph id="H272AAEDF1EFE4FD38EE1152B63ECF1FA"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="HA6ED92870B694E438B69DBC2880D8A" indent="down1"><enum>(A)</enum><text>New budget authority,
$98,286,000,000.</text>
</subparagraph><subparagraph id="HACD4D882D5854047A0D3E4CF09AD07AC" indent="down1"><enum>(B)</enum><text>Outlays, $96,779,000,000.</text>
</subparagraph><subparagraph id="H1A41E9C478C44AEEA380C064FEC062AB"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H9B340B52A3E84EF08D53A152F5D50030" indent="down1"><enum>(A)</enum><text>New budget authority,
$96,528,000,000.</text>
</subparagraph><subparagraph id="H8A4A53BB03B54752A44892D407E9DA1" indent="down1"><enum>(B)</enum><text>Outlays, $94,838,000,000.</text>
</subparagraph></paragraph><paragraph id="H3B704B0C12E24F44B46DEA9357197901"><enum>(4)</enum><text>Administration of
Justice (750):</text>
<subparagraph id="HBDFC975CCAA7499AAEDC85AE553015B7"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HD570D9B776F7482595F5268B31EA54DF" indent="down1"><enum>(A)</enum><text>New budget authority,
$45,765,000,000.</text>
</subparagraph><subparagraph id="H3438B51D9932483B9EB1AD798C3FF495" indent="down1"><enum>(B)</enum><text>Outlays, $46,432,000,000.</text>
</subparagraph><subparagraph id="H0C4CBB3D604C47FB8F00A9B03770B599"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HA30F335C8F7F43D0BDB91CDB7767DF63" indent="down1"><enum>(A)</enum><text>New budget authority,
$45,471,000,000.</text>
</subparagraph><subparagraph id="H70DF8DEE55DF4DD2BFDF7C6775189BB5" indent="down1"><enum>(B)</enum><text>Outlays, $46,631,000,000.</text>
</subparagraph><subparagraph id="H56D4A1E048A24FE6ADD762BF7EC9D688"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H17A000FD58A84580B7D63675CF559CA1" indent="down1"><enum>(A)</enum><text>New budget authority,
$45,742,000,000.</text>
</subparagraph><subparagraph id="H4B1E6FB2B5D949BFBEF5408E5E6CF21C" indent="down1"><enum>(B)</enum><text>Outlays, $46,466,000,000.</text>
</subparagraph><subparagraph id="HAE065C7185FB47F9B0D7AEA53CDA26FD"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="HF0E08AADD8224094001E42EA129CCDD4" indent="down1"><enum>(A)</enum><text>New budget authority,
$45,995,000,000.</text>
</subparagraph><subparagraph id="HB40884FD38D5453CAE8D3647A5DE8DE6" indent="down1"><enum>(B)</enum><text>Outlays, $46,323,000,000.</text>
</subparagraph><subparagraph id="H9D3247C4F660459EA1008164518F7862"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H50636D4670154A0FADDBB894A04BE769" indent="down1"><enum>(A)</enum><text>New budget authority,
$46,198,000,000.</text>
</subparagraph><subparagraph id="H94729AE3050A427194A005343200C600" indent="down1"><enum>(B)</enum><text>Outlays, $46,166,000,000.</text>
</subparagraph></paragraph></section><section id="H430B078EA5204704AC1351D3A1E2CBAF"><enum>112.</enum><header>Domestic
discretionary programs</header>
<subsection id="HEF091E7158A346BB96690053DAA9C9D0"><enum>(a)</enum><header>Declaration</header><text>The
Congress determines and declares that the following levels are the appropriate
totals of new discretionary budget authority and outlays for federally
supported domestic priorities for fiscal years 2008 through 2012:</text>
<paragraph id="H9EABD0960AF140D994D8EC8BA8CF25D"><enum>(1)</enum><header>New budget
authority</header><text display-inline="yes-display-inline">For purposes of
this resolution, the appropriate levels of new discretionary budget authority
for federally supported domestic priorities are as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008: $292,800,000,000.</list-item>
<list-item>Fiscal year 2009: $295,564,000,000.</list-item>
<list-item>Fiscal year 2010: $293,278,000,000.</list-item>
<list-item>Fiscal year 2011: $293,002,000,000.</list-item>
<list-item>Fiscal year 2012:
$293,302,000,000.</list-item></list>
</paragraph><paragraph id="H1C5F69AD9CEC446A97C51BB67C9412AA"><enum>(2)</enum><header>Outlays</header><text display-inline="yes-display-inline">For purposes of this resolution, the
appropriate levels of outlays for federally supported domestic priorities are
as follows:</text>
<list list-type="none">
<list-item>Fiscal year 2008: $369,548,000,000.</list-item>
<list-item>Fiscal year 2009: $363,600,000,000.</list-item>
<list-item>Fiscal year 2010: $358,033,000,000.</list-item>
<list-item>Fiscal year 2011: $351,707,000,000.</list-item>
<list-item>Fiscal year 2012:
$347,325,000,000.</list-item></list>
</paragraph></subsection><subsection id="H6C301F9198F64CE3AA5135A4003F7309"><enum>(b)</enum><header>Subdivisions</header><text>These
aggregate amounts are to be subdivided by the Committee on
Appropriations.</text>
</subsection></section><section id="H00E7D4F04EC94C70B6755DB2C8ECA95E"><enum>113.</enum><header>Major domestic
entitlements</header><text display-inline="no-display-inline">The Congress
determines and declares that the following levels are the appropriate totals of
new mandatory budget authority and outlays for the Federal Government’s
principle entitlement programs for fiscal years 2008 through 2012:</text>
<paragraph id="HB7B01163D719482DA9060794BFD65F21"><enum>(1)</enum><text>Medicare (570
mandatory):</text>
<subparagraph id="H3181973F3524437A9151B3209E72C31F"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="H68B0E69D687743BC808EF37C068485C9" indent="down1"><enum>(A)</enum><text>New budget authority,
$374,888,000,000.</text>
</subparagraph><subparagraph id="H5925C0A6C1AB4AB9BB15DE00C2CE1FF2" indent="down1"><enum>(B)</enum><text>Outlays, $374,964,000,000.</text>
</subparagraph><subparagraph id="H47CE429C98B04681A225B800F92CB1E"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HD39CF46DB1DE4F72871FD63739EF5300" indent="down1"><enum>(A)</enum><text>New budget authority,
$394,116,000,000.</text>
</subparagraph><subparagraph id="HD41CFDC940E64DD3B6A2D244B2032057" indent="down1"><enum>(B)</enum><text>Outlays, $393,804,000,000.</text>
</subparagraph><subparagraph id="H9F01036858CC416294EF1B493F8C4166"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H0442CD7BA46749B5AA6D99FA0355EFE" indent="down1"><enum>(A)</enum><text>New budget authority,
$409,473,000,000.</text>
</subparagraph><subparagraph id="H2F6F6AB0A07E493884372218ADD29760" indent="down1"><enum>(B)</enum><text>Outlays, $409,730,000,000.</text>
</subparagraph><subparagraph id="H31FBC78A549945B80061ADFBB804B1A1"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H4D82FA0216F547268ED7717A086773D" indent="down1"><enum>(A)</enum><text>New budget authority,
$445,312,000,000.</text>
</subparagraph><subparagraph id="H954150896C2E4CF2AF44AAE44F11FE10" indent="down1"><enum>(B)</enum><text>Outlays, $445,359,000,000.</text>
</subparagraph><subparagraph id="H24CA7A059D4F4907A0FDF748E04D0000"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H36E3AF2F4358413285CEF3062EC0B561" indent="down1"><enum>(A)</enum><text>New budget authority,
$431,401,000,000.</text>
</subparagraph><subparagraph id="H680A7CDA51FA4D7AB17927CF4AEDEC2" indent="down1"><enum>(B)</enum><text>Outlays, $431,057,000,000.</text>
</subparagraph></paragraph><paragraph id="H570F7F74611D4749899748A72FA4C6"><enum>(2)</enum><text>Medicaid (550
mandatory):</text>
<subparagraph id="H0EA5BA6D420C435697D5EC820066986B"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="H56860AE7EC904259B24DFB6DD476C287" indent="down1"><enum>(A)</enum><text>New budget authority,
$223,389,000,000.</text>
</subparagraph><subparagraph id="H42C2ACD32B2D43FABC8CCAE4B5A14BDA" indent="down1"><enum>(B)</enum><text>Outlays, $223,837,000,000.</text>
</subparagraph><subparagraph id="HE94F6594B0C54F00A2FB79FDB8E46C84"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H0E7FB284A4AF4708B81B20F3F8AFF380" indent="down1"><enum>(A)</enum><text>New budget authority,
$235,128,000,000.</text>
</subparagraph><subparagraph id="H444E3CF9257340050094574057F44186" indent="down1"><enum>(B)</enum><text>Outlays, $236,849,000,000.</text>
</subparagraph><subparagraph id="HE52E876A2F554214B8E48EE7CB241305"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H449A6706486B4F1FB374BB71A0CCB032" indent="down1"><enum>(A)</enum><text>New budget authority,
$249,592,000,000.</text>
</subparagraph><subparagraph id="H5B935492573A46E484101BEAE6FEAFF1" indent="down1"><enum>(B)</enum><text>Outlays, $249,840,000,000.</text>
</subparagraph><subparagraph id="HB6B53B254AF140A590B123602F5289F9"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H1901B75260A64255A561DC00BB6E3C98" indent="down1"><enum>(A)</enum><text>New budget authority,
$264,095,000,000.</text>
</subparagraph><subparagraph id="H78F2D5E9097A400D824FBED42B344934" indent="down1"><enum>(B)</enum><text>Outlays, $265,040,000,000.</text>
</subparagraph><subparagraph id="H36A97407EEAF40D5AA15F381BCBA52A9"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="HA8B762E2093D4459BAD3180152BEF497" indent="down1"><enum>(A)</enum><text>New budget authority,
$279,920,000,000.</text>
</subparagraph><subparagraph id="H47E4FDF4876347DCA7FB42C7791FE200" indent="down1"><enum>(B)</enum><text>Outlays, $281,389,000,000.</text>
</subparagraph></paragraph><paragraph id="HE899EE7F170246BF8E29A2F99BB434E4"><enum>(3)</enum><text>Income Security
(600 mandatory):</text>
<subparagraph id="HB36084E1DC294810925F778BC4E38ED1"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HD3B9121530ED48AB8D4FAE1CEC23ED90" indent="down1"><enum>(A)</enum><text>New budget authority,
$327,076,000,000.</text>
</subparagraph><subparagraph id="HCF971FA30D7847D3B3FDFCDC6077B541" indent="down1"><enum>(B)</enum><text>Outlays, $325,432,000,000.</text>
</subparagraph><subparagraph id="HD33FDCB565E44C56A05B29E6DA7E8BE5"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HBC449C0C502A478E87D18E33786C8E55" indent="down1"><enum>(A)</enum><text>New budget authority,
$333,545,000,000.</text>
</subparagraph><subparagraph id="HB9F7DAA583C44AAE9B97A71968AF355B" indent="down1"><enum>(B)</enum><text>Outlays, $329,632,000,000.</text>
</subparagraph><subparagraph id="HE701B4EFD5094A0F8FACCEE9B712ECA8"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H37E8DAE0863E4515AA26604EED002D3B" indent="down1"><enum>(A)</enum><text>New budget authority,
$341,943,000,000.</text>
</subparagraph><subparagraph id="H8C617DC8468B4EF7A1058E6EC6DAC197" indent="down1"><enum>(B)</enum><text>Outlays, $338,354,000,000.</text>
</subparagraph><subparagraph id="H8ABBC5460A2D4E0A9D1F4DCB1FA54E94"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="HD609C8DFCA524CB591E90045BC7244D" indent="down1"><enum>(A)</enum><text>New budget authority,
$355,686,000,000.</text>
</subparagraph><subparagraph id="H37605C76DA454EAA84A1E74C205B2764" indent="down1"><enum>(B)</enum><text>Outlays, $352,150,000,000.</text>
</subparagraph><subparagraph id="H8810345F72E34335B4F71200F065B892"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H97200724CD7945B08C2839ACAFF02F7" indent="down1"><enum>(A)</enum><text>New budget authority,
$354,709,000,000.</text>
</subparagraph><subparagraph id="HD25DA749852B48259D10D08F2EEE2D00" indent="down1"><enum>(B)</enum><text>Outlays, $351,228,000,000.</text>
</subparagraph></paragraph><paragraph id="HBD88C7E0A0E2444CBFC6AC2FBEC57359"><enum>(4)</enum><text>Agriculture (350
mandatory):</text>
<subparagraph id="H360B1E44EDA64784A0210382F1BDD0FC"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="H02ABE5D3D9E4418A9640BA1C1035C66F" indent="down1"><enum>(A)</enum><text>New budget authority,
$14,563,000,000.</text>
</subparagraph><subparagraph id="HB0D07AEB2EB0407D94F781DA80343A0" indent="down1"><enum>(B)</enum><text>Outlays, $13,624,000,000.</text>
</subparagraph><subparagraph id="HC95D0D352112452D8C28224EC8252233"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H3E0D0043697B4D98AC8EA5C09500BE8D" indent="down1"><enum>(A)</enum><text>New budget authority,
$14,416,000,000.</text>
</subparagraph><subparagraph id="HAF01CA4CF9384F3291DDEC86720913B" indent="down1"><enum>(B)</enum><text>Outlays, $13,652,000,000.</text>
</subparagraph><subparagraph id="HB1001B2D6EE4421598DC00C68CBDB68C"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H840D537856E344BE956FD6BC5413C652" indent="down1"><enum>(A)</enum><text>New budget authority,
$14,221,000,000.</text>
</subparagraph><subparagraph id="HAA5782EE51FE40B19B4C981307FAB2E" indent="down1"><enum>(B)</enum><text>Outlays, $13,390,000,000.</text>
</subparagraph><subparagraph id="H466B2799E01C448A936CE1FDFE29CF00"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H6E0D57BD15B64691A9F6620084ECBD58" indent="down1"><enum>(A)</enum><text>New budget authority,
$13,735,000,000.</text>
</subparagraph><subparagraph id="HD2C1B7A496A242FC95553F6CE883F262" indent="down1"><enum>(B)</enum><text>Outlays, $13,147,000,000.</text>
</subparagraph><subparagraph id="H24D814A2B36C4321A75DCE585E96FB05"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="HAE454603ACDB43C8B7A938A9CF05B300" indent="down1"><enum>(A)</enum><text>New budget authority,
$13,332,000,000.</text>
</subparagraph><subparagraph id="HDEDCAA6E185F4FEB00E82259755B49D6" indent="down1"><enum>(B)</enum><text>Outlays, $12,916,000,000.</text>
</subparagraph></paragraph><paragraph id="HC4D61512615E4056A44C47E836389978"><enum>(5)</enum><text>Student Loans (500
mandatory):</text>
<subparagraph id="HC0A9949F803C4928AF1B0984888F00FD"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HA890C63AAB84470FABD509081950E5E6" indent="down1"><enum>(A)</enum><text>New budget authority,
$8,008,000,000.</text>
</subparagraph><subparagraph id="HECEF4558A5554A2CB124F23D49A19CAF" indent="down1"><enum>(B)</enum><text>Outlays, $5,251,000,000.</text>
</subparagraph><subparagraph id="H564A862FB568435FA7E3DC40008379D9"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H546528249B3F46EDBB2BB921109EFE62" indent="down1"><enum>(A)</enum><text>New budget authority,
$10,664,000,000.</text>
</subparagraph><subparagraph id="H64DD9F670B804C16BBDB7526DF9BF024" indent="down1"><enum>(B)</enum><text>Outlays, $9,120,000,000.</text>
</subparagraph><subparagraph id="HABC78F767FE043F2ABF3D0E700A0268B"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="HF3F40D74CA094B0EA792D3F4E8D4F97" indent="down1"><enum>(A)</enum><text>New budget authority,
$11,592,000,000.</text>
</subparagraph><subparagraph id="H0F270910A31F466A9FC3582495EDBE27" indent="down1"><enum>(B)</enum><text>Outlays, $9,761,000,000.</text>
</subparagraph><subparagraph id="H453047ACC7EE4E8DA72D03A1843041EE"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H799953A310144E1993D0F8710600F8B8" indent="down1"><enum>(A)</enum><text>New budget authority,
$10,526,000,000.</text>
</subparagraph><subparagraph id="H9A86E8894C234ADD9FF026D9E2CE6126" indent="down1"><enum>(B)</enum><text>Outlays, $9,897,000,000.</text>
</subparagraph><subparagraph id="HE1EBF54462B344789117EEEA47E6FAF4"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H99DBE0FE6F1A4B46A2B25D67472DC17F" indent="down1"><enum>(A)</enum><text>New budget authority,
$10,186,000,000.</text>
</subparagraph><subparagraph id="H80CF74E548A24B4993CD5775D8BB86FD" indent="down1"><enum>(B)</enum><text>Outlays, $8,590,000,000.</text>
</subparagraph></paragraph><paragraph id="H57B40BAE1EEC47AC8D4E7E708D4F91D5"><enum>(6)</enum><text>All Other Domestic
Entitlements (multiple functions):</text>
<subparagraph id="HC6649ED3951342E2B85399B4A1AAC2B"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HB105C45FCDDE464682566EE847974178" indent="down1"><enum>(A)</enum><text>New budget authority,
$61,736,000,000.</text>
</subparagraph><subparagraph id="H2B232DA72881497F83115E77B1A98C1F" indent="down1"><enum>(B)</enum><text>Outlays, –$3,339,000,000.</text>
</subparagraph><subparagraph id="H1FB3882BC8154D94A77503364914BB02"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="HEFAD6723C13440EFAB405E5BCF001000" indent="down1"><enum>(A)</enum><text>New budget authority,
$52,175,000,000.</text>
</subparagraph><subparagraph id="H82B65E7E1D874F59930608697DD7BD89" indent="down1"><enum>(B)</enum><text>Outlays, –$4,671,000,000.</text>
</subparagraph><subparagraph id="H9E6B52829C834D5C8B3FD67705060800"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="HFF30E92D806E47B5AA50F06E8CF6284E" indent="down1"><enum>(A)</enum><text>New budget authority,
$51,657,000,000.</text>
</subparagraph><subparagraph id="H3DE1AF1869D3451CB61C9C54480057A9" indent="down1"><enum>(B)</enum><text>Outlays, –$4,917,000,000.</text>
</subparagraph><subparagraph id="H62A33879A60749218323F7BCC297D292"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H308C7D93933246639900321CFED0836E" indent="down1"><enum>(A)</enum><text>New budget authority,
$51,215,000,000.</text>
</subparagraph><subparagraph id="HF368FD2D0FB54FAFAEE0BF1DC3C3DB5" indent="down1"><enum>(B)</enum><text>Outlays, –$5,257,000,000.</text>
</subparagraph><subparagraph id="H99D85B2715C2466D82F2FD4923009927"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="HC16F13CAA1E14029A0E3FDA80BF2121" indent="down1"><enum>(A)</enum><text>New budget authority,
$51,223,000,000.</text>
</subparagraph><subparagraph id="H19076716997442E09B240029891FD718" indent="down1"><enum>(B)</enum><text>Outlays, –$4,504,000,000.</text>
</subparagraph></paragraph></section><section id="HE3A4B787AD2C46999268373C7777A433"><enum>114.</enum><header>Government and
financial management</header><text display-inline="no-display-inline">The
Congress determines and declares that the following levels are the appropriate
totals of new and discretionary mandatory budget authority and outlays for the
Federal Government’s operations and financial management activities for fiscal
years 2008 through 2012:</text>
<paragraph id="H92FD931E33944AD9A747003B6F19A7D"><enum>(1)</enum><text>General Government
(800):</text>
<subparagraph id="H3E5F9086CC5E43C9A49936EAB6578713"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HB04F678A691F4A7B9FC568BC35AF232D" indent="down1"><enum>(A)</enum><text>New budget authority,
$17,873,000,000.</text>
</subparagraph><subparagraph id="HB8434BFCF1084E24B830F5CAD506801" indent="down1"><enum>(B)</enum><text>Outlays, $18,353,000,000.</text>
</subparagraph><subparagraph id="H34CB0D45F70543EE99F000EBB131F0E3"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H9486A1A159C74AB09206F4FA50CC2475" indent="down1"><enum>(A)</enum><text>New budget authority,
$17,844,000,000.</text>
</subparagraph><subparagraph id="HF2300F8DCCE3471CA206758F3B77E29B" indent="down1"><enum>(B)</enum><text>Outlays, $18,013,000,000.</text>
</subparagraph><subparagraph id="H9AE9C4CAB15F4E1697C12C048C835FDD"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="HEF1EE8D72D3644E1A33499833DD596F2" indent="down1"><enum>(A)</enum><text>New budget authority,
$20,270,000,000.</text>
</subparagraph><subparagraph id="H74778BE4D6B7460AAC525E50E200A205" indent="down1"><enum>(B)</enum><text>Outlays, $20,262,000,000.</text>
</subparagraph><subparagraph id="H2629AE164B8E417EAFE91583156F4ED6"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="HCC926AB0092143FFB36B624B1F121331" indent="down1"><enum>(A)</enum><text>New budget authority,
$17,801,000,000.</text>
</subparagraph><subparagraph id="HAFE4B3B75A7849F4921C21F6F68E19EC" indent="down1"><enum>(B)</enum><text>Outlays, $17,649,000,000.</text>
</subparagraph><subparagraph id="H1DA6471EB82A4ABEB28769DD66C2CECF"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H22564D7335B04B71A9A58C855C21D614" indent="down1"><enum>(A)</enum><text>New budget authority,
$18,264,000,000.</text>
</subparagraph><subparagraph id="HC8A409FCD0924A0699546007455F6350" indent="down1"><enum>(B)</enum><text>Outlays, $18,230,000,000.</text>
</subparagraph></paragraph><paragraph id="H132F5CF0CB684077B71C27F6B100AF8D"><enum>(2)</enum><text>Net Interest
(900):</text>
<subparagraph id="H4E764FB2BF344448A9E661AD48249CB0"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HB01C9A282B114269AA38D162D8291DDB" indent="down1"><enum>(A)</enum><text>New budget authority,
$370,521,000,000.</text>
</subparagraph><subparagraph id="H9935D60D37F84FEC83E18D1338361375" indent="down1"><enum>(B)</enum><text>Outlays, $370,421,000,000.</text>
</subparagraph><subparagraph id="H63C33AEAE662414DA7CBFE8BDA6668DA"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H0D55E8D6E7D14D24BC2F0316221B844B" indent="down1"><enum>(A)</enum><text>New budget authority,
$388,836,000,000.</text>
</subparagraph><subparagraph id="H80C3DDD5C69040E1A3701000442C7931" indent="down1"><enum>(B)</enum><text>Outlays, $387,436,000,000.</text>
</subparagraph><subparagraph id="HDD2F8E14C1A44A2483C44FEC3E5C2250"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H5D86FBA0708A46198174A323A7D20078" indent="down1"><enum>(A)</enum><text>New budget authority,
$410,258,000,000.</text>
</subparagraph><subparagraph id="H21AE4AADBA464196B086027B8E01DD82" indent="down1"><enum>(B)</enum><text>Outlays, $405,258,000,000.</text>
</subparagraph><subparagraph id="H69DE96E842DA4667975B71F00690070"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="HE4EDFD5EE55A42838EB9E2F8A40002FF" indent="down1"><enum>(A)</enum><text>New budget authority,
$431,411,000,000.</text>
</subparagraph><subparagraph id="HF62EFE8F344A40908D4BFB81E6664860" indent="down1"><enum>(B)</enum><text>Outlays, $421,411,000,000.</text>
</subparagraph><subparagraph id="H8093E3A3B3024A2C920064BD5500E8EB"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H025C7D595FB94761B48BF865733F1ECC" indent="down1"><enum>(A)</enum><text>New budget authority,
$450,561,000,000.</text>
</subparagraph><subparagraph id="H90867F74DCBD410AB7064900B9A3796B" indent="down1"><enum>(B)</enum><text>Outlays, $434,561,000,000.</text>
</subparagraph></paragraph><paragraph id="HCBDED6984CB74A0FA61E516D656786E6"><enum>(3)</enum><text>Allowances
(920):</text>
<subparagraph id="H6247AB5452E2457081C493896FD95D0"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="HC6E99E91AC034F6788BAAA5E0062ED63" indent="down1"><enum>(A)</enum><text>New budget authority,
$6,439,000,000.</text>
</subparagraph><subparagraph id="H70AE2C40F96A4072A5D1AE2762ECF2BF" indent="down1"><enum>(B)</enum><text>Outlays, $5,544,000,000.</text>
</subparagraph><subparagraph id="H9D987E79D22640A28460A492C13D13C8"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H50324C4D08E144B2A896037369D98B00" indent="down1"><enum>(A)</enum><text>New budget authority,
–$11,795,000,000.</text>
</subparagraph><subparagraph id="H0901584D343441A799272700608CA805" indent="down1"><enum>(B)</enum><text>Outlays, –$6,242,000,000.</text>
</subparagraph><subparagraph id="H60F9759C34EC40FEA119A6DF00175982"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H47D7D71F76D04DA79042C6135EDACF5F" indent="down1"><enum>(A)</enum><text>New budget authority,
–$5,709,000,000.</text>
</subparagraph><subparagraph id="H540F12A69902483E8300C3B899005382" indent="down1"><enum>(B)</enum><text>Outlays, –$6,972,000,000.</text>
</subparagraph><subparagraph id="H39EAD6278B6E4C9DAC90894D79879EF4"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="H859A1754E85947DC98ACDA2BDCD210F8" indent="down1"><enum>(A)</enum><text>New budget authority,
–$150,000,000.</text>
</subparagraph><subparagraph id="HB6C77AB3E7D64C1F9DD0FF70BFA29E2C" indent="down1"><enum>(B)</enum><text>Outlays, –$3,007,000,000.</text>
</subparagraph><subparagraph id="H47A2CCEFF8CD472E8E3CF7D200FB0200"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="HB41F012B4B5741EA8B61EE8969169242" indent="down1"><enum>(A)</enum><text>New budget authority,
$4,167,000,000.</text>
</subparagraph><subparagraph id="HCC0BEF74651B4FF0B46BA6A5BBFEF51C" indent="down1"><enum>(B)</enum><text>Outlays, $1,286,000,000.</text>
</subparagraph></paragraph><paragraph id="H842718323EBC44338E07BC1480077562"><enum>(4)</enum><text>Offsetting
Receipts (950):</text>
<subparagraph id="H3531DA88BBF847359740D6ED4F003903"><enum></enum><text>Fiscal year
2008:</text>
</subparagraph><subparagraph id="H6EF6039365BE4888995419D532C4B2A7" indent="down1"><enum>(A)</enum><text>New budget authority,
–$71,009,000,000.</text>
</subparagraph><subparagraph id="HFFD8BB2C30484E4D8D00C2564B50D3F2" indent="down1"><enum>(B)</enum><text>Outlays, –$71,009,000,000.</text>
</subparagraph><subparagraph id="H90500AE41CC14E4A8BA10008B6FC4BCC"><enum></enum><text>Fiscal year
2009:</text>
</subparagraph><subparagraph id="H522ADC0D6785402BB6D6CB90C8F2C93" indent="down1"><enum>(A)</enum><text>New budget authority,
–$66,578,000,000.</text>
</subparagraph><subparagraph id="HE380FA93FFD8420D93D547788DD52E3B" indent="down1"><enum>(B)</enum><text>Outlays, –$66,587,000,000.</text>
</subparagraph><subparagraph id="H49F49FDC31FC4BE78D5D1E46EE63D8C9"><enum></enum><text>Fiscal year
2010:</text>
</subparagraph><subparagraph id="H864B784E66414C0900409C78995E4827" indent="down1"><enum>(A)</enum><text display-inline="yes-display-inline">New
budget authority, –$71,869,000,000.</text>
</subparagraph><subparagraph id="HABFBBD3B916A484AAAEE00009C6C9EB3" indent="down1"><enum>(B)</enum><text>Outlays, –$71,869,000,000.</text>
</subparagraph><subparagraph id="HF67C1386EE084B178400B97EC2179119"><enum></enum><text>Fiscal year
2011:</text>
</subparagraph><subparagraph id="HC70AF68A355E445BBDEAB2D018BC41A0" indent="down1"><enum>(A)</enum><text>New budget authority,
–$69,623,000,000.</text>
</subparagraph><subparagraph id="HD034E218097C49AF925EB021F9F47405" indent="down1"><enum>(B)</enum><text>Outlays, –$69,643,000,000.</text>
</subparagraph><subparagraph id="HF131815B13D648D08B835076338189C4"><enum></enum><text>Fiscal year
2012:</text>
</subparagraph><subparagraph id="H75ED49F4CDB246FC8933AE800087E48" indent="down1"><enum>(A)</enum><text>New budget authority,
–$72,789,000,000.</text>
</subparagraph><subparagraph id="HDFF2F7A1DC5F4D258BB244B961C900B8" indent="down1"><enum>(B)</enum><text>Outlays, –$72,792,000,000.</text>
</subparagraph></paragraph></section></subtitle><enum>II</enum><header>RECONCILIATION</header>
<section id="HC6F3FB0652F644D7A52C139827BA00DB"><enum>201.</enum><header>Reconciliation
in the House of Representatives</header>
<subsection id="H416934A9D9E441CDA7339321C2CFC5CA"><enum>(a)</enum><header>Submission to
provide for the reform of mandatory spending</header><paragraph commented="no" display-inline="yes-display-inline" id="H26474CA50CC447A3956441354909A74E"><enum>(1)</enum><text>Not later than June 8,
2007, the House committees named in paragraph (2) shall submit their
recommendations to the House Committee on the Budget. After receiving those
recommendations, the House Committee on the Budget shall report to the House a
reconciliation bill carrying out all such recommendations without substantive
revision.</text>
</paragraph><paragraph id="H2A0910C0147A423D988BEF6BF5ABC644" indent="up1"><enum>(2)</enum><header>Instructions</header>
<subparagraph id="H7A91062AEA4B4F9AAFF539EAAF001ED8"><enum>(A)</enum><header>Committee on
agriculture</header><text>The House Committee on Agriculture shall report
changes in laws within its jurisdiction sufficient to reduce direct spending by
$452,000,000 for fiscal year 2008, $3,277,000,000 for fiscal year 2012, and
$9,849,000,000 for the period of fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="H6F747D893B41458484008C5F4B1D60C5"><enum>(B)</enum><header>Committee on armed
services</header><text>The House Committee on Armed Services shall report
changes in laws within its jurisdiction sufficient to reduce direct spending by
$50,000,000 for fiscal year 2008, $100,000,000 for fiscal year 2012, and
$410,000,000 for the period of fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="H49FC2F15D67642BDB9B4BDC85FDF7F6"><enum>(C)</enum><header>Committee on education and
labor</header><text display-inline="yes-display-inline">The House Committee on
Education and Labor shall report changes in laws within its jurisdiction
sufficient to reduce direct spending by $3,456,000,000 for fiscal year 2008,
$400,000,000 for fiscal year 2012, and $4,906,000,000 for the period of fiscal
years 2008 through 2012.</text>
</subparagraph><subparagraph id="HD51E7F5C81F94B92996943CCD0209C44"><enum>(D)</enum><header>Committee on energy and
commerce</header><text display-inline="yes-display-inline">The House Committee
on Energy and Commerce shall report changes in laws within its jurisdiction
sufficient to reduce direct spending by $8,344,000,000 or fiscal year 2008,
$30,602,000,000 for fiscal year 2012, and $97,359,000,000 for the period of
fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="H4EA2CCB673264A5B8693016FB1DF95F9"><enum>(E)</enum><header>Committee on financial
services</header><text>The House Committee on Financial Services shall report
changes in laws within its jurisdiction sufficient to reduce direct spending by
$0 for fiscal year 2008, $140,000,000 for fiscal year 2012, and $400,000,000
for the period of fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="H227C5A3D713C4FFA82F3D06B734DE2E"><enum>(F)</enum><header>Committee on foreign
affairs</header><text>The House Committee on Foreign Affairs shall report
changes in laws within its jurisdiction sufficient to reduce direct spending by
$20,000,000 for fiscal year 2008, $90,000,000 for fiscal year 2012, and
$250,000,000 for the period of fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="H3F754D4C1E4F4CA4A94245D64F62ADAE"><enum>(G)</enum><header>Committee on the
judiciary</header><text>The House Committee on the Judiciary shall report
changes in laws within its jurisdiction sufficient to reduce direct spending by
$265,000,000 for fiscal year 2008, $1,010,000,000 for fiscal year 2012, and
$3,515,000,000 for the period of fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="HB51A32B402C14DF08B31CA09FCC5B9F2"><enum>(H)</enum><header>Committee on natural
resources</header><text>The House Committee on Natural Resources shall report
changes in laws within its jurisdiction sufficient to reduce direct spending by
$1,507,000,000 for fiscal year 2008, $535,000,000 for fiscal year 2012, and
$4,647,000,000 for the period of fiscal years 2008 through 2012.</text>
</subparagraph><subparagraph id="H153C3728BE19483786ED7E39C00D0A6"><enum>(I)</enum><header>Committee on transportation and
infrastructure</header><text>The House Committee on Transportation and
Infrastructure shall report changes in laws within its jurisdiction sufficient
to reduce direct spending by $460,000,000 for fiscal year 2008, $1,063,000,000
for fiscal year 2012, and $4,272,000,000 for the period of fiscal years 2008
through 2012.</text>
</subparagraph><subparagraph id="H6D4B152BC355452E9E9DE59B355E654"><enum>(J)</enum><header>Committee on ways and
means</header><text display-inline="yes-display-inline">The House Committee on
Ways and Means shall report changes in laws within its jurisdiction sufficient
to reduce direct spending by $10,109,000,000 for fiscal year 2008,
$41,543,000,000 for fiscal year 2012, and $153,122,000,000 for the period of
fiscal years 2008 through 2012, sufficient to reduce revenues by not more than
$48,912,000,000 for fiscal year 2008 and by not more than $447,221,000,000 for
the period of fiscal years 2008 through 2012.</text>
</subparagraph></paragraph></subsection><subsection id="H536D465025014F6FA387468701DC627"><enum>(b)</enum><header>Submission of
revised allocations</header><paragraph commented="no" display-inline="yes-display-inline" id="H158A662AEC3744A197E247A06319A4EA"><enum>(1)</enum><text>Upon the submission to
the Committee on the Budget of the House of a recommendation that has complied
with its reconciliation instructions solely by virtue of section 310(c) of the
Congressional Budget Act of 1974, the chairman of that committee may file with
the House appropriately revised allocations under section 302(a) of such Act
and revised functional levels and aggregates.</text>
</paragraph><paragraph id="H9019C0E9C1EB43BB009343D59545E8B" indent="up1"><enum>(2)</enum><text>Upon the submission to the House of a
conference report recommending a reconciliation bill or resolution in which a
committee has complied with its reconciliation instructions solely by virtue of
this section, the chairman of the Committee on the Budget of the House may file
with the House appropriately revised allocations under section 302(a) of such
Act and revised functional levels and aggregates.</text>
</paragraph><paragraph id="HC1E06F57A1614CE982C32FC18276EC23" indent="up1"><enum>(3)</enum><text>Allocations and aggregates revised
pursuant to this subsection shall be considered to be allocations and
aggregates established by the concurrent resolution on the budget pursuant to
section 301 of such Act.</text>
</paragraph></subsection></section><enum>III</enum><header>Policy
statements</header>
<section id="H780AFAF367B6400F94FEE610A5986199"><enum>301.</enum><header>Policy of the
United States Congress on taxation</header><text display-inline="no-display-inline">The United States Congress reaffirms the
statement of principle that the Federal Government should not raise taxes on
American families or reverse the policies that have led to strong growth in the
United States economy, and instead should move towards balancing the budget by
reigning in the Federal Government’s spending; it is further the policy
assumption underlying this resolution that the tax relief enacted in 2001 and
2003 should be continued.</text>
</section><section id="H3D6387B1F0C3410CB4D1ACA145DAEDB"><enum>302.</enum><header>Policy of the
United States Congress on entitlement spending</header>
<subsection id="H26C5DDB52F0942229E64C1D63BD461CC"><enum>(a)</enum><header>Findings</header>
<paragraph id="HE5A3D51A65C64D7785D92450708D9EEE"><enum>(1)</enum><text>Entitlement growth
is unsustainable. Entitlements are currently growing at 6 percent per year
significantly faster than our entire economy, and more than twice the rate of
inflation.</text>
</paragraph><paragraph id="H8B568E594F5F4F7F82169E810263CF35"><enum>(2)</enum><text>Entitlements
currently consume more than half of the entire Federal budget. If simply left
on <quote>auto-pilot</quote> (assuming no new entitlement spending or
benefits):</text>
<subparagraph id="HB842CC0A95E04BB198735929946FDBEA"><enum>(A)</enum><text>By 2040 social
security, medicare, and medicaid alone will consume 20 percent of our
economy.</text>
</subparagraph><subparagraph id="H0EC66903AA774564A5D05B2616322E3C"><enum>(B)</enum><text>By 2040 Americans
will have to pay twice the current rate of taxes.</text>
</subparagraph></paragraph><paragraph id="H2AB6206048254D2BBE55CFF16F2DBE4D"><enum>(3)</enum><text>Entitlements must
be reformed to survive with the retirement of the baby boomers, the situation
will only get worse, making the necessary reforms more sudden and
severe.</text>
</paragraph><paragraph id="HDA6F6F2E0E5B4D77B92DCF1FE4DD1B22"><enum>(4)</enum><text>Entitlements
aren’t all that’s at risk. If left unreformed, these programs will also impose
a crushing burden on both the budget and the economy. Our now strong economy,
which has created millions of jobs and been the key factor in reducing the
deficit. Entitlements will eventually crowd out all other priorities such as
education, veterans, science, agriculture, environment, even defense and
homeland security.</text>
</paragraph><paragraph id="H61F576B68FEC4BB900B87200FF837176"><enum>(5)</enum><text>The rising costs
of government entitlements are a <quote>fiscal cancer</quote> that threaten
<quote>catastrophic consequences for our country</quote> and could
<quote>bankrupt America</quote> said America’s chief accountant, U.S.
Comptroller General David Walker.</text>
</paragraph><paragraph id="H18CF3B0F7F234D66A78E2C7BAD3B2FB6"><enum>(6)</enum><text>Without
<quote>early and meaningful action</quote> to address the rapid growth of
entitlements, <quote>the U.S. economy could be seriously weakened, with future
generations bearing much of the cost</quote> warned Fed Chairman Ben
Bernanke.</text>
</paragraph><paragraph id="HD83322687EA1452D00E4CAB91DC5CD9"><enum>(7)</enum><text>Spending is the
problem. Massive Tax Hikes are Not the Solution. Even if taxes are raised to
balance the budget in the short term, entitlements would quickly drive the
Federal Government back into deficit.</text>
</paragraph><paragraph id="H8A6E82B6D6A8410985B6026100CB23BC"><enum>(8)</enum><text>The U.S.
Comptroller General testified that the United States Government <quote>cannot
grow [its] way out of this problem; eliminating earmarks will not solve the
problem; wiping out fraud, waste, and abuse will not solve the problem; ending
the war or cutting way back on defense will not solve the
problem</quote>.</text>
</paragraph><paragraph id="HD06E59306BDC4B63BB043DDD27D99400"><enum>(9)</enum><text>The budget must
drive entitlement reform. Entitlement programs are well-intended, and provide a
critical safety net for millions of Americans, but their costs are out of
control, and growing worse every year typically without regular reform or
congressional oversight. Congress must use the budget process to promote
reforms that will make these programs better, more efficient, and more
sustainable for the long term.</text>
</paragraph></subsection><subsection id="H38BD4FFEC94543A289F08DF9FCA486FE"><enum>(b)</enum><header>Policy on
entitlements</header><text>It is the policy of this resolution that Congress
must immediately address the out-of-control growth of entitlement spending that
may do substantial harm to the United States economy and hurt the standard of
living of future generations. Furthermore, Congress must also commit itself to
consider during this fiscal year fundamental reform packages to secure the
long-term solvency of medicare, medicaid and social security.</text>
</subsection></section><section id="H2FD16841525546CDBC446DAEADD28623"><enum>303.</enum><header>Bonneville
Power Marketing Administration</header><text display-inline="no-display-inline">It is the policy of this resolution that it
does not specifically assume any savings from the President's proposal related
to the Bonneville Power Marketing Administrations and the Energy and Commerce
Committee will determine its own policies subject to the applicable numerical
allocation limits and reconciliation directives.</text>
</section><enum>IV</enum><header>General Budget
Enforcement</header>
<section id="HB08792EEAFE84FE18B001327A69604F6"><enum>401.</enum><header>Restrictions on
advance appropriations</header>
<subsection id="HC9F392F44FED4ADB923D8080D0CAF6F"><enum>(a)</enum><header>In
general</header><paragraph commented="no" display-inline="yes-display-inline" id="HE05EBBD9FB9042E8B6797EB8F261D429"><enum>(1)</enum><text>In
the House, except as provided in subsection (b), an advance appropriation may
not be reported in a bill or joint resolution making a general appropriation or
continuing appropriation, and may not be in order as an amendment
thereto.</text>
</paragraph><paragraph id="HF4FDAEDF445A410DABCC9BC397DFAE3" indent="up1"><enum>(2)</enum><text>Managers on the part of the House may
not agree to a Senate amendment that would violate paragraph (1) unless
specific authority to agree to the amendment first is given by the House by a
separate vote with respect thereto.</text>
</paragraph></subsection><subsection id="H422C36D58B06482D82CF00B3097B4399"><enum>(b)</enum><header>Advance
appropriation</header><text>In the House, an advance appropriation may be
provided for the fiscal years 2009 and 2010 for programs, projects, activities,
or accounts identified in the joint explanatory statement of managers
accompanying this resolution under the heading <quote>Accounts Identified for
Advance Appropriations</quote> in an aggregate amount not to exceed
$23,565,000,000 in new budget authority in each year.</text>
</subsection><subsection id="H446894E9581D4D8995C5C220A0723B4C"><enum>(c)</enum><header>Definition</header><text>In
this section, the term <quote>advance appropriation</quote> means any new
budget authority provided in a bill or joint resolution making general
appropriations or any new budget authority provided in a bill or joint
resolution making continuing appropriations for fiscal year 2008 that first
becomes available for any fiscal year after 2008.</text>
</subsection></section><section id="HE5A35AB9124741D9B0CB164908C703FE"><enum>402.</enum><header>Contingency
operations related to the global war on terrorism and for unanticipated defense
needs</header>
<subsection id="H9FBAC531281E4F0781826551ADF3651"><enum>(a)</enum><header>Exemption of
contingency operations related to the global war on terrorism and for
unanticipated defense needs</header><text>In the House, if any bill or joint
resolution is reported, or an amendment is offered thereto or a conference
report is filed thereon, that makes appropriations for fiscal year 2008 for
contingency operations directly related to the global war on terrorism, and
other unanticipated defense-related operations, then the new budget authority,
new entitlement authority, outlays, or receipts resulting therefrom shall not
count for purposes of titles III or IV of the Congressional Budget Act of
1974.</text>
</subsection><subsection id="HD2FC53CC766141CD9414914B43326E39"><enum>(b)</enum><header>Current
level</header><text>Amounts included in this resolution for the purpose set
forth in this section shall be considered to be current law for purposes of the
preparation of the current level of budget authority and outlays and the
appropriate levels shall be adjusted upon the enactment of such bill.</text>
</subsection></section><section id="HDC0034D986E74AFB8BFEC3700C9B8DF"><enum>403.</enum><header>Application and
effect of changes in allocations and aggregates</header>
<subsection id="H7128884BD4D345B99003D2F5350040CF"><enum>(a)</enum><header>Application</header><text>Any
adjustments of allocations and aggregates made pursuant to this resolution
shall—</text>
<paragraph id="H805142CA760A43D9B7E42F687757DA94"><enum>(1)</enum><text>apply while that
measure is under consideration;</text>
</paragraph><paragraph id="H1D0CB0F0D65B4788BC21A6B69AF36BC"><enum>(2)</enum><text>take effect upon
the enactment of that measure; and</text>
</paragraph><paragraph id="H85F31C92E98047F280566B84EC0082AB"><enum>(3)</enum><text>be published in
the Congressional Record as soon as practicable.</text>
</paragraph></subsection><subsection id="H96DC0B36E0D54BD8B960D8FA3F8EA2B8"><enum>(b)</enum><header>Effect of
changed allocations and aggregates</header><text>Revised allocations and
aggregates resulting from these adjustments shall be considered for the
purposes of the Congressional Budget Act of 1974 as allocations and aggregates
contained in this resolution.</text>
</subsection><subsection id="H1DF6E2AE38E0415BA27FCBD79711B47E"><enum>(c)</enum><header>Budget committee
determinations</header><text>For purposes of this resolution—</text>
<paragraph id="H286A04A7C7A34473A18B004EDAC36731"><enum>(1)</enum><text>the levels of new
budget authority, outlays, direct spending, new entitlement authority,
revenues, deficits, and surpluses for a fiscal year or period of fiscal years
shall be determined on the basis of estimates made by the appropriate Committee
on the Budget; and</text>
</paragraph><paragraph id="H9EEE9D62C590420883ECA39812C18718"><enum>(2)</enum><text>such chairman may
make any other necessary adjustments to such levels to reflect the timing of
responses to reconciliation directives pursuant to section 201 of this
resolution.</text>
</paragraph></subsection></section><section id="H571E35E1309A48A08766A00809FF7C91"><enum>404.</enum><header>Adjustments to
reflect changes in concepts and definitions</header><text display-inline="no-display-inline">Upon the enactment of a bill or joint
resolution providing for a change in concepts or definitions, the appropriate
chairman of the Committee on the Budget shall make adjustments to the levels
and allocations in this resolution in accordance with section 251(b) of the
Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior
to September 30, 2002).</text>
</section><section id="H8C1D3C9C210848C7B858FC24C8E17C26"><enum>405.</enum><header>Compliance with
section 13301 of the Budget Enforcement Act of 1990</header>
<subsection id="HDB3F4CC8CF5547A68C1CA7A51F20B905"><enum>(a)</enum><header>In
general</header><text>In the House and the Senate, notwithstanding section
302(a)(1) of the Congressional Budget Act of 1974 and section 13301 of the
Budget Enforcement Act of 1990, the joint explanatory statement accompanying
the conference report on any concurrent resolution on the budget shall include
in its allocation under section 302(a) of the Congressional Budget Act of 1974
to the Committee on Appropriations amounts for the discretionary administrative
expenses of the Social Security Administration.</text>
</subsection><subsection id="H0C85E29F64A9460385400401699E4B7D"><enum>(b)</enum><header>Special
rule</header><text>In the House, for purposes of applying section 302(f) of the
Congressional Budget Act of 1974, estimates of the level of total new budget
authority and total outlays provided by a measure shall include any
discretionary amounts provided for the Social Security Administration.</text>
</subsection></section><section id="H8146339FF8DC41ECB92465FD5C2F5C81"><enum>406.</enum><header>Exercise of
rulemaking powers</header><text display-inline="no-display-inline">Congress
adopts the provisions of this title—</text>
<paragraph id="H02726ED50AEF4E2A91DD0084FEEBAFC5"><enum>(1)</enum><text>as an exercise of
the rulemaking power of the Senate and the House, respectively, and as such
they shall be considered as part of the rules of each House, or of that House
to which they specifically apply, and such rules shall supersede other rules
only to the extent that they are inconsistent therewith; and</text>
</paragraph><paragraph id="HE99E09E7F0174D8EAB7039031EBF3BB"><enum>(2)</enum><text>with full
recognition of the constitutional right of either House to change those rules
(so far as they relate to that House) at any time, in the same manner, and to
the same extent as in the case of any other rule of that House.</text>
</paragraph></section><section id="HC1ACAEC4959B4E54827852DC5B1776B9"><enum>407.</enum><header>Adjustments for
tax legislation</header><text display-inline="no-display-inline">In the House,
if the Committee on Ways and Means reports a bill or joint resolution, or an
amendment is offered thereto or a conference report is submitted thereon, that
amends the Internal Revenue Code of 1986 by extending the expiration dates for
Federal tax policies that expired during fiscal year 2008 or that expire during
the period of fiscal years 2008 through 2012, then the chairman of the
Committee on the Budget may make appropriate adjustments in the allocations and
aggregates of budget authority, outlays, and revenue set forth in this
resolution to reflect the budgetary effects of such legislation, but only to
the extent the adjustments would not cause the level of revenue to be less than
the level of revenue provided for in this resolution for the period of fiscal
years 2008 through 2012 and would not cause the deficit to exceed the
appropriate level of deficits provided for in this resolution for the period of
fiscal years 2008 through 2012.</text>
</section><section id="H0E95DEE91CAB4B5F813CA33300366EFB"><enum>408.</enum><header>Repeal of the
Gephardt rule</header><text display-inline="no-display-inline">With respect to
the adoption by the Congress of a concurrent resolution on the budget for
fiscal year 2008, the clerk of the House shall not prepare an engrossment of a
joint resolution increasing or decreasing, as the case may be, the statutory
limit on the public debt.</text>
</section><section id="HB2F01F9D5DCD46428C75EF57E0FE413E"><enum>409.</enum><header>Budget
compliance statements</header><text display-inline="no-display-inline">Each
report of a committee on a public bill or public joint resolution shall contain
a budget compliance statement prepared by the chairman of the Committee on the
Budget, if timely submitted prior to the filing of the report, which shall
include assessment by such chairman as to whether the bill or joint resolution
complies with the requirements of sections 302, 303, 306, 311, and 401 of the
Congressional Budget Act of 1974.</text>
</section><section id="HC0F5D5A9313B4DF3B87BF4B2B233DB00"><enum>410.</enum><header>Cost estimates
for conference reports and unreported measures</header><text display-inline="no-display-inline">It shall not be in order to consider a
conference report or an unreported bill or joint resolution unless an estimate
of costs as described in clause 3(d)(2) of Rule XIII has been printed in the
Congressional Record at least one day before its consideration.</text>
</section><section id="H37A370EAAC844567BEF1D13BBB8FFEE"><enum>411.</enum><header>Roll call votes
for new spending</header><text display-inline="no-display-inline">The yeas and
nays shall be considered as ordered when the Speaker puts the question on
passage of a bill or joint resolution, or on adoption of a conference report,
for which the chairman of the Budget Committee has advised the Speaker that
such bill, joint resolution or conference report authorizes or provides new
budget authority of not less than $50,000,000. The Speaker may not entertain a
unanimous consent request or motion to suspend this section.</text>
</section><section id="HFB75C590C0C7480E8F088263635C21B5"><enum>412.</enum><header>Budget process
reform</header><text display-inline="no-display-inline">Before September 30,
2007, the chairman or ranking minority member of the Committee on the Budget of
the House of Representatives shall introduce, and the committee shall conduct
hearings on, budget reform legislation that includes the following
provisions:</text>
<paragraph id="H9BBE9F2F2B024743B1CD69B953EB88AE"><enum>(1)</enum><text>Statutory
discretionary spending limits.</text>
</paragraph><paragraph id="H8A5CE99939FF43A0A18B9FF1FDCA73"><enum>(2)</enum><text>Provisions to slow
the growth of entitlement spending by requiring offsets for new benefits, and
examining programs with annual increases higher than the rate of
inflation.</text>
</paragraph><paragraph id="H6CF083410EA948398182D4E6FB6BDC23"><enum>(3)</enum><text>Presidential
legislative line item veto authority that preserves Congress’ constitutional
power of the purse by requiring an expedited up or down vote on the President’s
proposals.</text>
</paragraph><paragraph id="HBB9696DC96C2493C991C74AE42C9FD26"><enum>(4)</enum><text>Enforcement tools
that restrict the definition of <quote>emergency</quote> so that emergency
supplemental appropriation bills include only needs that are sudden, urgent,
unforeseen, unpredictable, unanticipated, and temporary in nature.</text>
</paragraph><paragraph id="H99853EA122A04F06BF19782E6360D93C"><enum>(5)</enum><text>Accrual accounting
of the Government’s long-term obligations.</text>
</paragraph><paragraph id="H4290D76BD1ED4231A8AFC6B91DCB1E1B"><enum>(6)</enum><text>Periodic reporting
from the Government Accountability Office that examine the causes of long-term
deficits and present options to reduce these deficits.</text>
</paragraph><paragraph id="HA70BEB9664E9442DA9AB6B416029C564"><enum>(7)</enum><text>Annual audit
summaries from the Federal Accounting Standards Advisory Board for all
departments of the Government that represent more than 20 percent of
discretionary spending, with recommendations on how to improve the quality of
financial information available to Congress.</text>
</paragraph></section><section id="HA7D115ACB67D44C19FE7114D14005B15"><enum>413.</enum><header>Treasury
Department study and report</header>
<subsection id="HD7EDB02F3FDB4CE49D933BFB50874917"><enum>(a)</enum><header>Request</header><text>Not
later than June 1, 2007, the chairman or ranking member of the Committee on the
Budget of the House of Representatives shall submit a request to the Secretary
of the Treasury for a study of the impact of the current United States tort
system on global competition and gross domestic product (GDP) growth.</text>
</subsection><subsection id="HBFC70024F5A94AEBBA00169FDA002417"><enum>(b)</enum><header>Submission of
study</header><text>The results of the study described in subsection (a) shall
be submitted by the Secretary of the Treasury to the Committee on the Budget of
the House of Representatives not later than September 30, 2007.</text>
</subsection></section><section commented="no" id="H3936DAF44D2F4025A5B3878C8075904"><enum>414.</enum><header>Assistance by
Federal agencies to standing committees of the Senate and the House of
Representatives</header>
<subsection commented="no" id="H486E7F7D8800423BB34DE8A200D5D299"><enum>(a)</enum><header>Information
regarding agency appropriations requests</header><text>To assist each standing
committee of the House of Representatives and the Senate in carrying out its
responsibilities, the chairman of each authorizing committee of the House and
Senate shall request the head of each Federal agency which administers the laws
or parts of laws under the jurisdiction of such committee, to provide to such
committee such studies, information, analyses, reports, and assistance.</text>
</subsection><subsection commented="no" id="H8423706BDBCB44AF9048F4A94278A3F1"><enum>(b)</enum><header>Information
regarding agency program administration</header><text>To assist each standing
committee of the House of Representatives and the Senate in carrying out its
responsibilities, the chairman of each authorizing committee of the House and
Senate shall request of the head of any agency under his committee’s
jurisdiction, to furnish to such committee documentation, containing
information received, compiled, or maintained by the agency as part of the
operation or administration of a program, or specifically compiled pursuant to
a request in support of a review of a program, as may be requested by the
chairman and ranking minority member of such committee.</text>
</subsection><subsection commented="no" id="H3ACA90DC4B21489480E5A82E10346E24"><enum>(c)</enum><header>Summaries by
comptroller general</header><text>Within thirty days after the receipt of a
request from a chairman and ranking minority member of a standing committee
having jurisdiction over a program being reviewed and studied by such committee
under this section, the Comptroller General of the United States shall furnish
to such committee summaries of any audits or reviews of such program which the
Comptroller General has completed during the preceding six years.</text>
</subsection><subsection commented="no" id="HCA13BF4B24E14ED79ED481DA929BFAC"><enum>(d)</enum><header>Congressional
assistance</header><text>Consistent with their duties and functions under law,
the Comptroller General of the United States, the Director of the Congressional
Budget Office, and the Director of the Congressional Research Service shall
continue to furnish (consistent with established protocols) to each standing
committee of the House of Representatives or the Senate such information,
studies, analyses, and reports as the chairman and ranking minority member may
request to assist the committee in conducting reviews and studies of programs
under this section.</text>
</subsection></section><section id="H38B8DE2BF811494E8C5156AF911EE88E"><enum>415.</enum><header>Budgetary
treatment of the National Flood Insurance Program</header>
<subsection id="H3579471F8DD043AFBF7998A78FBDAEF2"><enum>(a)</enum><header>Treatment</header><text>For
purposes of the allocations and aggregates in this resolution, the
reconciliation directives established by this resolution, and for any other
purpose under titles III and IV of the Congressional Budget Act of 1974, the
budgetary effects of any bill or joint resolution, amendment thereto, or
conference report thereon, or any recommendations submitted pursuant to section
201 that includes the reforms set forth in subsection (b) shall be scored
without regard to the obligations resulting from the enactment of Public Law
109–208. Such estimate shall assume the liquidating of the National Flood
Insurance Fund’s remaining contractual obligations resulting from claims made
as a result of floods that occurred in 2005.</text>
</subsection><subsection id="HBE94B5843BB54111A72C64479C61B858"><enum>(b)</enum><header>Legislation</header><text>The
legislation referred to in subsection (a) shall—</text>
<paragraph id="H0FB552BF66D14A6D841D6CC4BE9AB4D"><enum>(1)</enum><text>establish more
actuarially sound rates on policies issued by the National Flood Insurance
Program; and</text>
</paragraph><paragraph id="H9BEDE48005FB485992FBF0956B96F24F"><enum>(2)</enum><text>end flood
insurance subsidies on pre-FIRM structures not used as primary
residences.</text>
</paragraph></subsection></section><enum>V</enum><header>Emergency Reserve
Fund</header>
<section id="HAF8EEE3282E14371BD3255E6F4C36226"><enum>501.</enum><header>Nondefense
reserve fund for emergencies</header>
<subsection id="H6E983F5C22DF4B9291B7AA9BBC1F9E6F"><enum>(a)</enum><header>Nondefense set
aside</header>
<paragraph id="HE2A5726EEA1441148579CC8C9FE80F8"><enum>(1)</enum><header>Discretionary set
aside fund</header><text>In the House and except as provided by subsection (b),
if a bill or joint resolution is reported, or an amendment is offered thereto
(or considered as adopted) or a conference report is filed thereon, that
provides new discretionary budget authority (and outlays flowing therefrom),
and such provision is designated as an emergency pursuant to this section, the
chairman of the Committee on the Budget shall make adjustments to the
allocations and aggregates set forth in this resolution up to the amount of
such provisions if the requirements set forth in section 504 are met, but the
sum of all adjustments made under this paragraph shall not exceed
$6,450,000,000 for fiscal year 2008.</text>
</paragraph><paragraph id="HD08E4C39BCB645AE923FF8A8DF7DA3A2"><enum>(2)</enum><header>Other
adjustments</header><text>In the House, if a bill or joint resolution is
reported or a conference report is filed thereon, and a direct spending or
receipt provision included therein is designated as an emergency pursuant to
this paragraph, the chairman of the Committee on the Budget may make
adjustments to the allocations and aggregates set forth in this
resolution.</text>
</paragraph></subsection><subsection id="HEA5182F1E71D46DCB872854C06B5038C"><enum>(b)</enum><header>Additional
adjustment procedures</header><text>In the House, before any adjustment is made
pursuant to this section for any bill, joint resolution, or conference report
that designates a provision an emergency, the enactment of which would cause
the total amount of the set aside fund set forth in subsection (a)(1) for
fiscal year 2008 to be exceeded:</text>
<paragraph id="HD87747AF9B834E40B60068F64E292FE4"><enum>(1)</enum><text>The chairman of
the Committee on the Budget shall convene a meeting of that committee, where it
shall be in order, subject to the terms set forth in this section, for one
motion described in paragraph (2) to be made to authorize the chairman to make
adjustments above the maximum amount of adjustments set forth in subsection
(a). If the Chairman does not call such a meeting within 24 hours of a
committee reporting such a measure, any member of the Committee may call such a
meeting.</text>
</paragraph><paragraph id="H727B56C009494F81B2C50009B005973C"><enum>(2)</enum><text>The motion
referred to in paragraph (1) shall be in the following form: <quote>I move that
the chairman of the Committee on the Budget be authorized to adjust the
allocations and aggregates set forth in the concurrent resolution on the budget
for fiscal year 2008 by the following amount: $_____ for fiscal year
2008.</quote>, with the blank being filled in with amount determined by the
chairman of the Committee on the Budget. For any measure referred to in
subsection (a)(1), such amount shall not exceed the total amount for fiscal
year 2008 designated as an emergency in excess of the applicable amount
remaining in the set aside fund.</text>
</paragraph><paragraph id="HBDA72AEEBEFF4FC199849C2F9E29D92C"><enum>(3)</enum><text>The motion set
forth in paragraph (2) shall be open for debate and amendment, but any
amendment offered thereto is only in order if limited to changing an amount in
the motion.</text>
</paragraph><paragraph id="H0DCE95C72E024B34A300001700EFDAA"><enum>(4)</enum><text>Except as provided
by paragraph (5), the chairman of the Committee on the Budget may not make any
adjustments under subsection (a) or subsection (b) unless or until the
committee filing a report or joint statement of managers on a conference report
on a measure including an emergency designation fulfills the terms set forth in
section 504.</text>
</paragraph><paragraph id="H2B0C3F855E9242578CC0E1AECF00D100"><enum>(5)</enum><text>The chairman of
the Committee on the Budget shall make any adjustments he deems necessary under
this section if he determines the enactment of the provision or provisions
designated as an emergency is essential to respond to an urgent and imminent
need, the chairman determines the exceptional circumstances referred to in rule
3 of the rules of the committee are met and the committee cannot convene to
consider the motion referred to in this section in a timely fashion.</text>
</paragraph></subsection><subsection id="H86D510A1F5F04FE5BB43C33EC192BAB"><enum>(c)</enum><header>Application of
adjustments</header><text>The adjustments made pursuant to subsection (a) or
(b) shall—</text>
<paragraph id="HE8EBB55F7FE14BFEAE68C289D04B9600"><enum>(1)</enum><text>apply while that
bill, joint resolution, conference report or amendment is under
consideration;</text>
</paragraph><paragraph id="H7DE593F518B844D489E3C5C46616FD3"><enum>(2)</enum><text>take effect upon
the enactment of that legislation; and</text>
</paragraph><paragraph id="H2B0A604C7E4049118EE838632CFAF78F"><enum>(3)</enum><text>be published in
the Congressional Record as soon as practicable.</text>
</paragraph></subsection></section><section id="HED255523A1934E86AC8965AFB87CDCD"><enum>502.</enum><header>Emergency
criteria</header><text display-inline="no-display-inline">As used in this
title:</text>
<paragraph id="HBF97BDF3470447F1A89FCB3034B12B4E"><enum>(1)</enum><text>The term
<quote>emergency</quote> means a situation that—</text>
<subparagraph id="HE78115F606D54E4586C8840351C085D3"><enum>(A)</enum><text>requires new
budget authority and outlays (or new budget authority and the outlays flowing
therefrom) for the prevention or mitigation of, or response to, loss of life or
property, or a threat to national security; and</text>
</subparagraph><subparagraph id="H6BD058973C84493F0083C630009189F4"><enum>(B)</enum><text>is
unanticipated.</text>
</subparagraph></paragraph><paragraph id="HDD0CF67EF9484B298DA964EDEFA7306B"><enum>(2)</enum><text>The term
<quote>unanticipated</quote> means that the underlying situation is—</text>
<subparagraph id="HBC390CC5532C42CDBD1F875176357537"><enum>(A)</enum><text>sudden, which
means quickly coming into being or not building up over time;</text>
</subparagraph><subparagraph id="H078E002101B44EE0BEDF81EBB270E0D2"><enum>(B)</enum><text>urgent, which
means a pressing and compelling need requiring immediate action;</text>
</subparagraph><subparagraph id="H8166220866FF44758474518D4E0454C4"><enum>(C)</enum><text>unforeseen, which
means not predicted or anticipated as an emerging need; and</text>
</subparagraph><subparagraph id="HA4C6A0FAACC948D9A4CB1FD4455DB78D"><enum>(D)</enum><text>temporary, which
means not of a permanent duration.</text>
</subparagraph></paragraph></section><section id="H08FF4BFD157447709FDF709BCCEE5363"><enum>503.</enum><header>Development of
guidelines for application of emergency definition</header><text display-inline="no-display-inline">In
the House, as soon as practicable after the adoption of this resolution, the
chairman of the Committee on the Budget shall, after consultation with the
chairmen of the applicable committees, the Ranking Member of the Committee on
the Budget, and the Director of the Congressional Budget Office, prepare
additional guidelines for application of the definition of an emergency and
shall issue a committee print from the Committee on the Budget for this
purpose.</text>
</section><section id="H43696911AF5B48A3B233E01C77F4A7AF"><enum>504.</enum><header>Committee
notification of emergency legislation</header>
<subsection id="H287150A2E5FB4815B295AB006EC8A759"><enum>(a)</enum><header>Committee
notification</header><text>Whenever a committee of the House (including a
committee of conference) reports any bill or joint resolution that includes a
provision designated as an emergency pursuant to this title, the report
accompanying that bill or joint resolution (or the joint explanatory statement
of managers in the case of a conference report on any such bill or joint
resolution) shall identify all provisions that provide amounts designated as an
emergency and shall provide an explanation of the manner in which the provision
meets the criteria set forth in section 502.</text>
</subsection><subsection id="H9FC016663663422BBE22D30005CDC2F9"><enum>(b)</enum><header>Congressional
record</header><text display-inline="yes-display-inline">If such a measure is
to be considered by the House without being reported by the committee of
jurisdiction, then the committee shall cause the explanation to be published in
the Congressional Record as soon as practicable.</text>
</subsection></section><section id="H7551C42E03324FE3849EC4E557BD7800"><enum>505.</enum><header>Up-to-date
tabulations</header><text display-inline="no-display-inline">The Committee on
the Budget of the House shall publish in the Congressional Record up-to-date
tabulations of amounts remaining in the set aside fund set forth in section
501, or authorized in excess thereof, as soon as practicable after the
enactment of such amounts designated as emergencies.</text>
</section><enum>VI</enum><header>Legislative Line
Item Veto Authority</header>
<section id="HF6C85E92A8154E0784959B55C3B6C55D"><enum>601.</enum><header>Presidential
recommendations</header>
<subsection id="HE8D17045EEB74303A2BDF465A9F55EA7"><enum>(a)</enum><header>Proposed
cancellations</header><text>If, within 45 calendar days after the enactment of
any bill or joint resolution providing any discretionary budget authority, item
of direct spending, limited tariff benefit, or targeted tax benefit, the
President proposes, in the manner provided in subsection (b), the cancellation
of any dollar amount of such discretionary budget authority, item of direct
spending, or targeted tax benefit, such recommendation shall be introduced as a
freestanding measure consistent with the terms of this title and shall be
eligible for the expedited procedures set forth herein. If the 45 calendar-day
period expires during a period where either House of Congress stands adjourned
sine die at the end of a Congress or for a period greater than 45 calendar
days, the President may propose a cancellation under this section and transmit
a special message under subsection (b) on the first calendar day of session
following such a period of adjournment.</text>
</subsection><subsection id="H5C1ADCE068AA43ACADE00486D31EE48F"><enum>(b)</enum><header>Transmittal of
special message</header>
<paragraph id="HAD3922CF9FB74821995B215794D1556E"><enum>(1)</enum><header>Special
message</header>
<subparagraph id="HBB35CC1BBC654DFFB79E6F33F512314"><enum>(A)</enum><header>Contents of
special message</header><text>Each special message shall specify, with respect
to the discretionary budget authority, items of direct spending proposed,
limited tariff benefits, or targeted tax benefits to be canceled—</text>
<clause id="H7640C436DAF648E58F009034477054F5"><enum>(i)</enum><text>the
dollar amount of discretionary budget authority, the specific item of direct
spending (that OMB, after consultation with CBO, estimates to increase budget
authority or outlays as required by section 1017(9)), the limited tariff
benefit, or the targeted tax benefit that the President proposes be
canceled;</text>
</clause><clause id="H36FEE95A1A2A4CF1BC783501F578E2C0"><enum>(ii)</enum><text>any
account, department, or establishment of the Government to which such
discretionary budget authority is available for obligation, and the specific
project or governmental functions involved;</text>
</clause><clause id="H800EA36C860643BD0094486EE6DF3038"><enum>(iii)</enum><text>the reasons why
such discretionary budget authority, item of direct spending, limited tariff
benefit, or targeted tax benefit should be canceled;</text>
</clause><clause id="H625FD4EA88B94582B469BB18C36E1138"><enum>(iv)</enum><text>to
the maximum extent practicable, the estimated fiscal, economic, and budgetary
effect (including the effect on outlays and receipts in each fiscal year) of
the proposed cancellation;</text>
</clause><clause id="H18F1AEE682E2497491D2DBE6E821CA16"><enum>(v)</enum><text>to
the maximum extent practicable, all facts, circumstances, and considerations
relating to or bearing upon the proposed cancellation and the decision to
propose the cancellation, and the estimated effect of the proposed cancellation
upon the objects, purposes, or programs for which the discretionary budget
authority, item of direct spending, limited tariff benefit, or the targeted tax
benefit is provided;</text>
</clause><clause id="HD436C52B3A7A45A6A25010F6C5A2466C"><enum>(vi)</enum><text>a
numbered list of cancellations to be included in an approval bill that, if
enacted, would cancel discretionary budget authority, items of direct spending,
limited tariff benefit, or targeted tax benefits proposed in that special
message; and</text>
</clause><clause id="H17D89D320F32447B9439098B91676B44"><enum>(vii)</enum><text>if
the special message is transmitted subsequent to or at the same time as another
special message, a detailed explanation why the proposed cancellations are not
substantially similar to any other proposed cancellation in such other
message.</text>
</clause></subparagraph><subparagraph id="H73EDFBDFB2144E98ABFFFD86683B74A0"><enum>(B)</enum><header>Duplicative
proposals prohibited</header><text>The President may not propose to cancel the
same or substantially similar discretionary budget authority, item of direct
spending, limited tariff benefit, or targeted tax benefit more than one time
under this Act.</text>
</subparagraph><subparagraph id="HA69DF6F9EB744CC4AB534F4129D215B7"><enum>(C)</enum><header>Maximum number
of special messages</header><text>The President may not transmit to the
Congress more than 5 special messages under this subsection related to any bill
or joint resolution described in subsection (a), but may transmit not more than
10 special messages for any omnibus budget reconciliation or appropriation
measure.</text>
</subparagraph></paragraph><paragraph id="HAC861423FBBD4091B8DEF39D21DCE57F"><enum>(2)</enum><header>Enactment of
approval bill</header>
<subparagraph id="HBE6733C86CA14982AE84653100A5D93C"><enum>(A)</enum><header>Deficit
reduction</header><text>Amounts of budget authority, items of direct spending,
limited tariff benefit, or targeted tax benefits which are canceled pursuant to
enactment of a bill as provided under this section shall be dedicated only to
reducing the deficit or increasing the surplus.</text>
</subparagraph><subparagraph id="HCFB73190252145D500B7C0113842351"><enum>(B)</enum><header>Adjustment of
levels in the concurrent resolution on the budget</header><text>Not later than
5 days after the date of enactment of an approval bill as provided under this
section, the chairs of the Committees on the Budget of the Senate and the House
of Representatives shall revise allocations and aggregates and other
appropriate levels under the appropriate concurrent resolution on the budget to
reflect the cancellation, and the applicable committees shall report revised
suballocations pursuant to section 302(b), as appropriate.</text>
</subparagraph><subparagraph id="H64CAA4EEDA3C42A3937B60D3A72F3CD4"><enum>(C)</enum><header>Trust funds and
special funds</header><text>Notwithstanding subparagraph (A), nothing in this
title shall be construed to require or allow the deposit of amounts derived
from a trust fund or special fund which are canceled pursuant to enactment of a
bill as provided under this section to any other fund.</text>
</subparagraph></paragraph></subsection></section><section id="H2C6E1C0E7A7B4E8F812420ED0071AD1"><enum>602.</enum><header>Procedures in
United States Congress</header>
<subsection id="H20AE5754868D47B2B78F866D9DA3E354"><enum>(a)</enum><header>Expedited
consideration</header>
<paragraph id="H76BA51575671407EAF295E90551E8563"><enum>(1)</enum><header>In
general</header><text>The majority leader or minority leader of each House or
his designee shall (by request) introduce an approval bill as defined in
section 1017 not later than the third day of session of that House after the
date of receipt of a special message transmitted to the Congress under section
1011(b). If the bill is not introduced as provided in the preceding sentence in
either House, then, on the fourth day of session of that House after the date
of receipt of the special message, any Member of that House may introduce the
bill.</text>
</paragraph><paragraph id="H5A1B3F2D7ACB41669600E3E8C89B4D6D"><enum>(2)</enum><header>Consideration in
the house of representatives</header>
<subparagraph id="H3F446B855AAF4F84B8D73FA6227C0100"><enum>(A)</enum><header>Referral and
reporting</header><text>Any committee of the House of Representatives to which
an approval bill is referred shall report it to the House without amendment not
later than the seventh legislative day after the date of its introduction. If a
committee fails to report the bill within that period or the House has adopted
a concurrent resolution providing for adjournment sine die at the end of a
Congress, such committee shall be automatically discharged from further
consideration of the bill and it shall be placed on the appropriate
calendar.</text>
</subparagraph><subparagraph id="H4E43BDAB14C142A183483012258EC5EB"><enum>(B)</enum><header>Proceeding to
consideration</header><text>After an approval bill is reported by or discharged
from committee or the House has adopted a concurrent resolution providing for
adjournment sine die at the end of a Congress, it shall be in order to move to
proceed to consider the approval bill in the House. Such a motion shall be in
order only at a time designated by the Speaker in the legislative schedule
within two legislative days after the day on which the proponent announces his
intention to offer the motion. Such a motion shall not be in order after the
House has disposed of a motion to proceed with respect to that special message.
The previous question shall be considered as ordered on the motion to its
adoption without intervening motion. A motion to reconsider the vote by which
the motion is disposed of shall not be in order.</text>
</subparagraph><subparagraph id="HCB8569BC188C42AC9791E46E442D4860"><enum>(C)</enum><header>Consideration</header><text>The
approval bill shall be considered as read. All points of order against an
approval bill and against its consideration are waived. The previous question
shall be considered as ordered on an approval bill to its passage without
intervening motion except five hours of debate equally divided and controlled
by the proponent and an opponent and one motion to limit debate on the bill. A
motion to reconsider the vote on passage of the bill shall not be in
order.</text>
</subparagraph><subparagraph id="HCC7887B68C94403B89A2248EB778B4CD"><enum>(D)</enum><header>Senate
bill</header><text>An approval bill received from the Senate shall not be
referred to committee.</text>
</subparagraph></paragraph><paragraph id="H4C226AD776724143933DFB885641E6F7"><enum>(3)</enum><header>Consideration in
the senate</header>
<subparagraph id="H501D15F7636A46A691097E703E38B3EB"><enum>(A)</enum><header>Motion to
proceed to consideration</header><text>A motion to proceed to the consideration
of a bill under this subsection in the Senate shall not be debatable. It shall
not be in order to move to reconsider the vote by which the motion to proceed
is agreed to or disagreed to.</text>
</subparagraph><subparagraph id="HBC176836EC9F4ED200737898C4039861"><enum>(B)</enum><header>Limits on
debate</header><text>Debate in the Senate on a bill under this subsection, and
all debatable motions and appeals in connection therewith (including debate
pursuant to subparagraph (D)), shall not exceed 10 hours, equally divided and
controlled in the usual form.</text>
</subparagraph><subparagraph id="H6A72C3CB057E482DB50063FD72FE565"><enum>(C)</enum><header>Appeals</header><text>Debate
in the Senate on any debatable motion or appeal in connection with a bill under
this subsection shall be limited to not more than 1 hour, to be equally divided
and controlled in the usual form.</text>
</subparagraph><subparagraph id="H06FE6157611F487BBA4773FD99F8384B"><enum>(D)</enum><header>Motion to limit
debate</header><text>A motion in the Senate to further limit debate on a bill
under this subsection is not debatable.</text>
</subparagraph><subparagraph id="H8C7F526AB79F43E6B1DC83CD60777053"><enum>(E)</enum><header>Motion to
recommit</header><text>A motion to recommit a bill under this subsection is not
in order.</text>
</subparagraph><subparagraph id="HB8CB2774E3264A53892DEAEAE451FC8F"><enum>(F)</enum><header>Consideration of
the house bill</header>
<clause id="H150087758DC145B285DE83F1521235F3"><enum>(i)</enum><header>In
general</header><text>If the Senate has received the House companion bill to
the bill introduced in the Senate prior to the vote required under paragraph
(1)(C), then the Senate may consider, and the vote under paragraph (1)(C) may
occur on, the House companion bill.</text>
</clause><clause id="H87104BDBA6BA4BBD8727814FCF5CCC73"><enum>(ii)</enum><header>Procedures
after vote on senate bill</header><text>If the Senate votes, pursuant to
paragraph (1)(C), on the bill introduced in the Senate, then immediately
following that vote, or upon receipt of the House companion bill, the House
bill shall be deemed to be considered, read the third time, and the vote on
passage of the Senate bill shall be considered to be the vote on the bill
received from the House.</text>
</clause></subparagraph></paragraph></subsection><subsection id="HE33D1C8365B54D35882586BD1B35E425"><enum>(b)</enum><header>Amendments
prohibited</header><text>No amendment to, or motion to strike a provision from,
a bill considered under this section shall be in order in either the Senate or
the House of Representatives.</text>
</subsection></section><section id="H54C8E92480B842558E5FCD485B1B28CA"><enum>603.</enum><header>Identification
of targeted tax benefits</header>
<subsection id="H900FE04E63F443CABB32E135A82FB373"><enum>(a)</enum><header>Statement</header><text>The
chairman of the Committee on Ways and Means of the House of Representatives and
the chairman of the Committee on Finance of the Senate acting jointly
(hereafter in this subsection referred to as <quote>the chairmen</quote> shall
review any revenue or reconciliation bill or joint resolution which includes
any amendment to the Internal Revenue Code of 1986 that is being prepared for
filing by a committee of conference of the two Houses, and shall identify
whether such bill or joint resolution contains any targeted tax benefits. The
chairmen shall provide to the committee of conference a statement identifying
any such targeted tax benefits or declaring that the bill or joint resolution
does not contain any targeted tax benefits. Any such statement shall be made
available to any Member of Congress by the chairmen immediately upon
request.</text>
</subsection><subsection id="HA3EBCD9893B548A8B3C9B32C44BDC63"><enum>(b)</enum><header>Statement
included in legislation</header>
<paragraph id="H5C4ADC6522664CEA892EB46F0778C357"><enum>(1)</enum><header>In
general</header><text>Notwithstanding any other rule of the House of
Representatives or any rule or precedent of the Senate, any revenue or
reconciliation bill or joint resolution which includes any amendment to the
Internal Revenue Code of 1986 reported by a committee of conference of the two
Houses may include, as a separate section of such bill or joint resolution, the
information contained in the statement of the chairmen, but only in the manner
set forth in paragraph (2).</text>
</paragraph><paragraph id="HDDC4B35D8D9D47520091ED64EDAB8F83"><enum>(2)</enum><header>Applicability</header><text>The
separate section permitted under subparagraph (A) shall read as follows:
<quote>Section 1021 of the Congressional Budget and Impoundment Control Act of
1974 shall ______ apply to ______,______,000,000</quote>, with the blank spaces
being filled in with—</text>
<subparagraph id="HE84F13B6617E48BEA554AE8078758122"><enum>(A)</enum><text>in any case in
which the chairmen identify targeted tax benefits in the statement required
under subsection (a), the word <quote>only</quote> in the first blank space and
a list of all of the specific provisions of the bill or joint resolution in the
second blank space; or</text>
</subparagraph><subparagraph id="H8A64BDD2CFAE48458F7CED13C08FABA9"><enum>(B)</enum><text>in any case in
which the chairmen declare that there are no targeted tax benefits in the
statement required under subsection (a), the word <quote>not</quote> in the
first blank space and the phrase <quote>any provision of this Act</quote> in
the second blank space.</text>
</subparagraph></paragraph></subsection><subsection id="H284B20F73A2B401780B151F718F6DDD8"><enum>(c)</enum><header>Identification
in revenue estimate</header><text>With respect to any revenue or reconciliation
bill or joint resolution with respect to which the chairmen provide a statement
under subsection (a), the Joint Committee on Taxation shall—</text>
<paragraph id="H5528B6AA62884152A4DCF7CC1C275211"><enum>(1)</enum><text>in the case of a
statement described in subsection (b)(2)(A), list the targeted tax benefits in
any revenue estimate prepared by the Joint Committee on Taxation for any
conference report which accompanies such bill or joint resolution, or</text>
</paragraph><paragraph id="H0D6B1B48C46C46829415A9AF35B62EE5"><enum>(2)</enum><text>in the case of a
statement described in section 13(b)(2)(B), indicate in such revenue estimate
that no provision in such bill or joint resolution has been identified as a
targeted tax benefit.</text>
</paragraph></subsection><subsection id="H40E455EF887B4B2A8665B380583817AD"><enum>(d)</enum><header>President’s
authority</header><text>If any revenue or reconciliation bill or joint
resolution is signed into law—</text>
<paragraph id="H346FB151AED7434CAC974DF7B744FA00"><enum>(1)</enum><text>with a separate
section described in subsection (b)(2), then the President may use the
authority granted in this section only with respect to any targeted tax benefit
in that law, if any, identified in such separate section; or</text>
</paragraph><paragraph id="HB843B0FCCCC748EC8E13FA9B2DF0D264"><enum>(2)</enum><text>without a separate
section described in subsection (b)(2), then the President may use the
authority granted in this section with respect to any targeted tax benefit in
that law.</text>
</paragraph></subsection></section><section id="H9B1BD6E12A3947728E2235A289E1B662"><enum>604.</enum><header>Additional
matters</header>
<subsection id="HA178015A9E484620A22264A47D00DA63"><enum>(a)</enum><header>Definitions</header>
<paragraph id="H09403785DED84EE495A77EF75C76E91"><enum>(1)</enum><header>Appropriation
law</header><text>The term <quote>appropriation law</quote> means an Act
referred to in section 105 of title I, United States Code, including any
general or special appropriation Act, or any Act making supplemental,
deficiency, or continuing appropriations, that has been signed into law
pursuant to Article I, section 7, of the Constitution of the United
States.</text>
</paragraph><paragraph id="HDE20CB54EB054FBFA52524CE25E8CB9"><enum>(2)</enum><header>Approval
bill</header><text>The term <quote>approval bill</quote> means a bill or joint
resolution which only approves proposed cancellations of dollar amounts of
discretionary budget authority, items of new direct spending, limited tariff
benefits, or targeted tax benefits in a special message transmitted by the
President under this part and—</text>
<subparagraph id="H0A20986F44C646A99F17A6B4DE610069"><enum>(A)</enum><text>the title of which
is as follows: <quote>A bill approving the proposed cancellations transmitted
by the President on ____</quote>, the blank space being filled in with the date
of transmission of the relevant special message and the public law number to
which the message relates;</text>
</subparagraph><subparagraph id="H93B5CBEED63941DBBC96A52E489819B5"><enum>(B)</enum><text>which does not
have a preamble; and</text>
</subparagraph><subparagraph id="H39754DF786DE42F7B09DD0C0F09E6749"><enum>(C)</enum><text>which provides
only the following after the enacting clause: That the Congress approves of
proposed cancellations ____, the blank space being filled in with a list of the
cancellations contained in the President’s special message, as transmitted by
the President in a special message on ____, the blank space being filled in
with the appropriate date, regarding ____, the blank space being filled in with
the Public Law number to which the special message relates;</text>
</subparagraph><subparagraph id="H5685F6D23E8D45BF9BD356466C5D2B06"><enum>(D)</enum><text>which only
includes proposed cancellations that are estimated by CBO to meet the
definition of discretionary budgetary authority or items of direct spending, or
limited tariff benefits, or that are identified as targeted tax benefits
pursuant to section 1014;</text>
</subparagraph><subparagraph id="HBCD4139F768C47A1B75D734672A9DF6B"><enum>(E)</enum><text>if any proposed
cancellation other than discretionary budget authority or targeted tax benefits
is estimated by CBO to not meet the definition of item of direct spending, then
the approval bill shall include at the end: The President shall cease the
suspension of the implementation of the following under section 1013 of the
Legislative Line Item Veto Act of 2006: ____, the blank space being filled in
with the list of such proposed cancellations; and</text>
</subparagraph><subparagraph id="H50FBCB49CAF540FA80414C1000CAD854"><enum>(F)</enum><text>if no CBO estimate
is available, then the entire list of legislative provisions proposed by the
President is inserted in the second blank space in subparagraph (C).</text>
</subparagraph></paragraph><paragraph id="HDB00135316D543CE8B5956E811F41387"><enum>(3)</enum><header>Calendar
day</header><text>The term <quote>calendar day</quote> means a standard 24-hour
period beginning at midnight.</text>
</paragraph><paragraph id="HAFE4F3107A1946E9AA0177FE68681486"><enum>(4)</enum><header>Cancel or
cancellation</header><text>The terms <quote>cancel</quote> or
<quote>cancellation</quote> means to prevent—</text>
<subparagraph id="HB8873500D3274644BD6B3E0229D744A2"><enum>(A)</enum><text>budget authority
from having legal force or effect;</text>
</subparagraph><subparagraph id="HCE07227417684B3D8C5D80177707C978"><enum>(B)</enum><text>in the case of
entitlement authority, to prevent the specific legal obligation of the United
States from having legal force or effect;</text>
</subparagraph><subparagraph id="H7D1FB324EA84472C880000E4CBF215B2"><enum>(C)</enum><text>in the case of the
food stamp program, to prevent the specific provision of law that provides such
benefit from having legal force or effect;</text>
</subparagraph><subparagraph id="HEC2C52285F33422C862D6D10B584E1F5"><enum>(D)</enum><text>a limited tariff
benefit from having legal force or effect, and to make any necessary,
conforming statutory change to ensure that such limited tariff benefit is not
implemented; or</text>
</subparagraph><subparagraph id="H015D63890F74460983EE2CB67844F6F"><enum>(E)</enum><text>a targeted tax
benefit from having legal force or effect, and to make any necessary,
conforming statutory change to ensure that such targeted tax benefit is not
implemented and that any budgetary resources are appropriately canceled.</text>
</subparagraph></paragraph><paragraph id="H4E5B74C5E34F48EBB4FCFB7601A7F500"><enum>(5)</enum><header>CBO</header><text>The
term <quote>CBO</quote> means the Director of the Congressional Budget
Office.</text>
</paragraph><paragraph id="H3288F9F5BCBB4799AB67FD9DD254B79B"><enum>(6)</enum><header>Direct
spending</header><text>The term <quote>direct spending</quote> means—</text>
<subparagraph id="H03ADB8C82C424E3ABF1144C9005EEEDB"><enum>(A)</enum><text>budget authority
provided by law (other than an appropriation law);</text>
</subparagraph><subparagraph id="H37731E9A796C434EB635C02B1CC7799C"><enum>(B)</enum><text>entitlement
authority; and</text>
</subparagraph><subparagraph id="H8075D54DC3EF4374B76D4C48DF36F4E9"><enum>(C)</enum><text>the food stamp
program.</text>
</subparagraph></paragraph><paragraph id="H826A915E8AB3452BADC66324789DCDCD"><enum>(7)</enum><header>Dollar amount of
discretionary budget authority</header><subparagraph commented="no" display-inline="yes-display-inline" id="H9BBA40DDEA0248BDB9A195C6DB64D9A9"><enum>(A)</enum><text>Except as provided in
subparagraph (B), the term <quote>dollar amount of discretionary budget
authority</quote> means the entire dollar amount of budget authority—</text>
<clause id="HF28EE381808D443CBC007695F8C1E58" indent="up1"><enum>(i)</enum><text>specified in an appropriation law,
or the entire dollar amount of budget authority or obligation limitation
required to be allocated by a specific proviso in an appropriation law for
which a specific dollar figure was not included;</text>
</clause><clause id="H928CB492C8F9467FB6F7BD4C49E4333F" indent="up1"><enum>(ii)</enum><text>represented separately in any
table, chart, or explanatory text included in the statement of managers or the
governing committee report accompanying such law;</text>
</clause><clause id="H71C844B9689E4E028B00085DCDDBCB25" indent="up1"><enum>(iii)</enum><text>required to be allocated for a
specific program, project, or activity in a law (other than an appropriation
law) that mandates the expenditure of budget authority from accounts, programs,
projects, or activities for which budget authority is provided in an
appropriation law;</text>
</clause><clause id="H86C8A3552612431FBFE5F1DECCC8C704" indent="up1"><enum>(iv)</enum><text>represented by the product of the
estimated procurement cost and the total quantity of items specified in an
appropriation law or included in the statement of managers or the governing
committee report accompanying such law; or</text>
</clause><clause id="HE3811893029241999DFEB86F16A1A8CD" indent="up1"><enum>(v)</enum><text>represented by the product of the
estimated procurement cost and the total quantity of items required to be
provided in a law (other than an appropriation law) that mandates the
expenditure of budget authority from accounts, programs, projects, or
activities for which budget authority is provided in an appropriation
law.</text>
</clause></subparagraph><subparagraph id="HCA73C35A52504F22A1D34FED52C74F37" indent="up1"><enum>(B)</enum><text>The term <quote>dollar amount of
discretionary budget authority</quote> does not include—</text>
<clause id="H9F4D3088623F48EE9D9451EE2DD11B2C"><enum>(i)</enum><text>direct spending;</text>
</clause><clause id="H961B7E25028F4901A401B55B9788E6CB"><enum>(ii)</enum><text>budget authority in an
appropriation law which funds direct spending provided for in other law;</text>
</clause><clause id="HB1536C2F379F45F990BF953BB0CBDC45"><enum>(iii)</enum><text>any existing budget authority
canceled in an appropriation law; or</text>
</clause><clause id="H4326AB68F3C440A0AAF8EE64AE67E763"><enum>(iv)</enum><text>any restriction, condition, or
limitation in an appropriation law or the accompanying statement of managers or
committee reports on the expenditure of budget authority for an account,
program, project, or activity, or on activities involving such
expenditure.</text>
</clause></subparagraph></paragraph><paragraph id="H327FF8B85C0C4D53AF3076A18BDA544F"><enum>(8)</enum><header>Item of direct
spending</header><text>The term <quote>item of direct spending</quote> means
any provision of law that results in an increase in budget authority or outlays
for direct spending relative to the most recent levels calculated consistent
with the methodology used to calculate a baseline under section 257 of the
Balanced Budget and Emergency Deficit Control Act of 1985 and included with a
budget submission under <external-xref legal-doc="usc" parsable-cite="usc/31/1105">section 1105(a)</external-xref> of title 31, United States Code, in the
first year or the 5-year period for which the item is effective. However, such
item does not include an extension or reauthorization of existing direct
spending, but instead only refers to provisions of law that increase such
direct spending.</text>
</paragraph><paragraph id="HAEFDC2025C2E4ED982906FF15D5273EF"><enum>(9)</enum><header>Limited tariff
benefit</header><text>The term <quote>limited tariff benefit</quote> means any
provision of law that modifies the Harmonized Tariff Schedule of the United
States in a manner that benefits 10 or fewer entities (as defined in paragraph
(12)(B)).</text>
</paragraph><paragraph id="HAB5D1C134B9741B8AE8DE7C816C1BA1"><enum>(10)</enum><header>OMB</header><text>The
term <quote>OMB</quote> means the Director of the Office of Management and
Budget.</text>
</paragraph><paragraph id="HB6B28997A9C941C9B0A4E65CA1BCCEE2"><enum>(11)</enum><header>Omnibus
reconciliation or appropriation measure</header><text>The term <quote>omnibus
reconciliation</quote> or <quote>appropriation measure</quote> means—</text>
<subparagraph id="H6B384534951045388546B537261077D0"><enum>(A)</enum><text>in the case of a
reconciliation bill, any such bill that is reported to its House by the
Committee on the Budget; or</text>
</subparagraph><subparagraph id="HFCA03B7082724E5F87D4C629478948F9"><enum>(B)</enum><text>in the case of an
appropriation measure, any such measure that provides appropriations for
programs, projects, or activities falling within 2 or more section 302(b)
suballocations.</text>
</subparagraph></paragraph><paragraph id="HFF5E3B2BEA0E46A1A14776884F7B5F93"><enum>(12)</enum><header>Targeted tax
benefit</header>
<subparagraph id="H6DD839E216774A7E888EAFE02C75FAED"><enum>(A)</enum><text>The <quote>term
targeted tax benefit</quote> means any revenue-losing provision that provides a
Federal tax deduction, credit, exclusion, or preference to ten or fewer
beneficiaries (determined with respect to either present law or any provision
of which the provision is a part) under the Internal Revenue Code of 1986 in
any year for which the provision is in effect;</text>
</subparagraph><subparagraph id="H72392DA3C93247EC8FFB32824B47AAA5"><enum>(B)</enum><header>For purposes of
subparagraph (a)</header>
<clause id="H3E5CF9D17D4F491CAF430534003FD698"><enum>(i)</enum><text>all
businesses and associations that are members of the same controlled group of
corporations (as defined in section 1563(a) of the Internal Revenue Code of
1986) shall be treated as a single beneficiary;</text>
</clause><clause id="HD534AF96C59445F58C3B358F1FEFA9D9"><enum>(ii)</enum><text>all
shareholders, partners, members, or beneficiaries of a corporation,
partnership, association, or trust or estate, respectively, shall be treated as
a single beneficiary;</text>
</clause><clause id="H084C1B564B37425F851DE4047BE23C9"><enum>(iii)</enum><text>all
employees of an employer shall be treated as a single beneficiary;</text>
</clause><clause id="H0B16667584494645A03CA56B056E9027"><enum>(iv)</enum><text>all
qualified plans of an employer shall be treated as a single beneficiary;</text>
</clause><clause id="H7D7A1D5144704C29824D9D6627629CF3"><enum>(v)</enum><text>all
beneficiaries of a qualified plan shall be treated as a single
beneficiary;</text>
</clause><clause id="H6CB9CA85F52741929100BB8C09746035"><enum>(vi)</enum><text>all
contributors to a charitable organization shall be treated as a single
beneficiary;</text>
</clause><clause id="HF3052D8379C94AE791E5819D35297803"><enum>(vii)</enum><text>all holders of
the same bond issue shall be treated as a single beneficiary; and</text>
</clause><clause id="HCEDA31B61C7B41E5BA0003BF7932008E"><enum>(viii)</enum><text>if a
corporation, partnership, association, trust or estate is the beneficiary of a
provision, the shareholders of the corporation, the partners of the
partnership, the members of the association, or the beneficiaries of the trust
or estate shall not also be treated as beneficiaries of such provision;</text>
</clause></subparagraph><subparagraph id="H9F9BE3837DB044C5AB74E024008D771D"><enum>(C)</enum><text>For the purpose of
this paragraph, the term <quote>revenue-losing provision</quote> means any
provision that is estimated to result in a reduction in federal tax revenues
(determined with respect to either present law or any provision of which the
provision is a part) for any one of the two following periods—</text>
<clause id="H6F2C5AC72CE94E96AB82DA7757CFF49B"><enum>(i)</enum><text>the
first fiscal year for which the provision is effective; or</text>
</clause><clause id="HBC59480BF96C4B9892B4FF654B1D4CD4"><enum>(ii)</enum><text>the
period of the 5 fiscal years beginning with the first fiscal year for which the
provision is effective;</text>
</clause></subparagraph><subparagraph id="H342C0B3424674A0E93FD68FA00B684DB"><enum>(D)</enum><text>the <quote>term
targeted tax benefit</quote> does not include any provision which applies
uniformly to an entire industry; and</text>
</subparagraph><subparagraph id="HD3765D58D7B84D668DA9BD2B3B17B6A2"><enum>(E)</enum><text>the terms used in
this paragraph shall have the same meaning as those terms have generally in the
Internal Revenue Code of 1986, unless otherwise expressly provided.</text>
</subparagraph></paragraph></subsection></section><section id="H6FC8F7FBF74C4BF6AB9D2DA8480054DA"><enum>605.</enum><header>Expiration</header><text display-inline="no-display-inline">This title shall have no force or effect on
or after October 1, 2012.</text>
</section><section id="H5A4510734E254F5381D65720065F49B"><enum>606.</enum><header>Sense of
Congress on deferral authority</header><text display-inline="no-display-inline">It is the sense of Congress that legislation
providing the authority to temporarily defer spending on proposed rescissions
should be enacted.</text>
</section><section id="H02CE17C54C434FE5840658006DB67EA6"><enum>607.</enum><header>Sense of
Congress on abuse of proposed cancellations</header><text display-inline="no-display-inline">It is the sense of Congress that no
President or any executive branch official should condition the inclusion or
exclusion or threaten to condition the inclusion or exclusion of any proposed
cancellation in any special message under this title upon any vote cast or to
be cast by any Member of either House of Congress.</text>
</section><enum>VII</enum><header>Earmark
Transparency</header>
<section id="H8860F8D60E2747F1AF469D50A51BAB01"><enum>701.</enum><header>Prohibition on
obligation of funds for earmarks included only in congressional
reports</header>
<subsection id="H6FC43EBBB50E4FF3AEDA26CEFF7243DA"><enum>(a)</enum><header>Requirement that
earmarks must be in legislative text</header><text>Notwithstanding any other
rule of the House, in addition to the requirements set forth in clause 9 of
rule XXI of the Rules of the House of Representatives, it shall not be in order
to consider any bill, joint resolution, amendment thereto, or conference report
thereon, unless the list of congressional earmarks, limited tax benefits, and
limited tariff benefits, required by clause 9(a)of rule XXI are also set forth
in the text of such measure.</text>
</subsection><subsection id="H490A2A02F1F641EDBBCD9037A426C957"><enum>(b)</enum><header>Availability on
the internet</header><text>Notwithstanding any other rule of the House, in
addition to the requirements set forth in clause 9 of rule XXI of the Rules of
the House of Representatives, it shall not be in order to consider any bill,
joint resolution, or conference report thereon, unless the lists required by
paragraphs (1), (2), and (4) of clause 9 of rule XXI are made available on the
Internet in a searchable format to the general public for at least 48 hours
before consideration.</text>
</subsection></section><section id="H61045DFF63914E64A06B9FCD375FC4CD"><enum>702.</enum><header>Definitions</header>
<subsection id="HC5FF2FE95E834C86A653ACA072E76CF2"><enum>(a)</enum><header>Congressional
earmark</header><text>The term <quote>congressional earmark</quote> means a
provision or report language included primarily at the request of a Member,
Delegate, Resident Commissioner, or Senator providing, authorizing or
recommending a specific amount of discretionary budget authority, credit
authority, or other spending authority for a contract, loan, loan guarantee,
grant, loan authority, or other expenditure with or to an entity, or targeted
to a specific State, locality or Congressional district, other than through a
statutory or administrative formula-driven or competitive award process.</text>
</subsection><subsection id="H03BF5BB98B5E4D429DB76B03E3033D8C"><enum>(b)</enum><header>Limited
benefits</header>
<paragraph id="HD6042538933E4B68BF9B53EC97D00923"><enum>(1)</enum><header>Limited tariff
benefit</header><text>The term <quote>limited tariff benefit</quote> means any
provision of law that modifies the Harmonized Tariff Schedule of the United
States in a manner that benefits 10 or fewer entities (as defined in paragraph
(12)(B)).</text>
</paragraph><paragraph id="HB57BE6A6EDA544EDB57EF718567B47B7"><enum>(2)</enum><header>Limited tax
benefit</header><subparagraph commented="no" display-inline="yes-display-inline" id="H0113A254029B41CAA53FD05B7D6E00BD"><enum>(A)</enum><text>The term <quote>limited
tax benefit</quote> means any revenue-losing provision that provides a Federal
tax deduction, credit, exclusion, or preference to ten or fewer beneficiaries
(determined with respect to either present law or any provision of which the
provision is a part) under the Internal Revenue Code of 1986 in any year for
which the provision is in effect.</text>
</subparagraph><subparagraph id="HEFEA29BBD73442848800DD1B90203833" indent="up1"><enum>(B)</enum><text>For purposes of subparagraph
(A)—</text>
<clause id="H9AAD34926F0747379500A0E62C9E7FA6"><enum>(i)</enum><text>all businesses and associations
that are members of the same controlled group of corporations (as defined in
<external-xref legal-doc="usc" parsable-cite="usc/26/1563">section 1563(a)</external-xref> of the Internal Revenue Code of 1986) shall be treated as a
single beneficiary;</text>
</clause><clause id="H4FC1A81AABB84BDB81E88DD44BC600"><enum>(ii)</enum><text>all shareholders, partners,
members, or beneficiaries of a corporation, partnership, association, or trust
or estate, respectively, shall be treated as a single beneficiary;</text>
</clause><clause id="H0281783570604DFAB380C0BD7A782EE"><enum>(iii)</enum><text>all employees of an employer
shall be treated as a single beneficiary;</text>
</clause><clause id="H75361C146BE548DFA94831F38EDC655F"><enum>(iv)</enum><text>all qualified plans of an employer
shall be treated as a single beneficiary;</text>
</clause><clause id="H5BD22DC52B1C4E71A246C530B10878A3"><enum>(v)</enum><text>all beneficiaries of a qualified
plan shall be treated as a single beneficiary;</text>
</clause><clause id="H6706CE12AD9748FC933B3889F08C5AB"><enum>(vi)</enum><text>all contributors to a charitable
organization shall be treated as a single beneficiary;</text>
</clause><clause id="HDC09ED14B12C4EAFA7CD1D19E355F48"><enum>(vii)</enum><text>all holders of the same bond
issue shall be treated as a single beneficiary; and</text>
</clause><clause id="HF13192FE73084BDE8176EB241861BC64"><enum>(viii)</enum><text>if a corporation, partnership,
association, trust or estate is the beneficiary of a provision, the
shareholders of the corporation, the partners of the partnership, the members
of the association, or the beneficiaries of the trust or estate shall not also
be treated as beneficiaries of such provision;</text>
</clause></subparagraph><subparagraph id="HFC9269D7B0B74BE300894E4B1D4880D6" indent="up1"><enum>(C)</enum><text>For the purpose of this paragraph, the
term <quote>revenue-losing provision</quote> means any provision that is
estimated to result in a reduction in federal tax revenues (determined with
respect to either present law or any provision of which the provision is a
part) for any one of the two following periods—</text>
<clause id="H239A63357552443EB34F91216F88C685"><enum>(i)</enum><text>the first fiscal year for which the
provision is effective; or</text>
</clause><clause id="H7D0179D02CEA48CD9697711D34D12464"><enum>(ii)</enum><text>the period of the 5 fiscal years
beginning with the first fiscal year for which the provision is
effective;</text>
</clause></subparagraph><subparagraph id="H51999B8283DD4D218CD61D26D872527E" indent="up1"><enum>(D)</enum><text>the term <quote>limited tax
benefit</quote> does not include any provision which applies uniformly to an
entire industry; and</text>
</subparagraph><subparagraph id="H61FA1264EF1A483587E5BC735C599673" indent="up1"><enum>(E)</enum><text>the terms used in this paragraph shall
have the same meaning as those terms have generally in the Internal Revenue
Code of 1986, unless otherwise expressly provided.</text>
</subparagraph></paragraph></subsection><subsection id="HD48A2F4AA23A46BBA9645B26D220A61B"><enum>(c)</enum><header>Special
rule</header><text>Notwithstanding any other provision of the Rules of the
House, the definitions set forth in this section shall apply for congressional
earmarks, limited tariff benefits, and limited tax benefits.</text>
</subsection></section><enum>VIII</enum><header>Pay-As-You-Go.</header>
<section id="H4CEFC21270054EC7920035B563F5D643"><enum>801.</enum><header>Pay-as-you-go
point of order</header>
<subsection id="H4886FCC920904B6389371D67F4E64EA"><enum>(a)</enum><header>Point of
order</header>
<paragraph id="H3725F96001BB41DFB5689C474536001F"><enum>(1)</enum><header>In
general</header><text>It shall not be in order in the House or the Senate to
consider any direct spending legislation, excluding the impact of any revenue
provisions, that would increase the on-budget deficit or cause an on-budget
deficit for any 1 of 4 applicable time periods as measured in paragraphs (5)
and (6).</text>
</paragraph><paragraph id="H045473C375A6461B8EA21BF1EFA4F559"><enum>(2)</enum><header>Applicable time
periods</header><text>For purposes of this subsection, the term
<quote>applicable time period</quote> means any 1 of the 4 following
periods:</text>
<subparagraph id="H4F9B3269FEDE4011A99D891800BA3624"><enum>(A)</enum><text>The current fiscal
year.</text>
</subparagraph><subparagraph id="H6FDCA23A0FB44E23B1F9AC39779803E6"><enum>(B)</enum><text>The budget
year.</text>
</subparagraph><subparagraph id="HD96C76625BC54EAF8127D0756F3EB8CA"><enum>(C)</enum><text>The period of the
5 fiscal years following the current fiscal year.</text>
</subparagraph><subparagraph id="HFEA6212304ED4DEDA25D3E4B18CF2543"><enum>(D)</enum><text>The period of the
5 fiscal years following the 5 fiscal years referred to in subparagraph
(C).</text>
</subparagraph></paragraph><paragraph id="H23067025F3404C3AB4DB91F84446A17C"><enum>(3)</enum><header>Direct spending
legislation</header><text>For purposes of this subsection and except as
provided in paragraph (4), the term <quote>direct spending legislation</quote>
means any bill, joint resolution, amendment, motion, or conference report that
affects direct spending as that term is defined by, and interpreted for
purposes of, the Balanced Budget and Emergency Deficit Control Act of
1985.</text>
</paragraph><paragraph id="H670071B690864A57A0623F93FD463257"><enum>(4)</enum><header>Baseline</header><text>Estimates
prepared pursuant to this subsection shall—</text>
<subparagraph id="H2948548005DF42BF9E9D8EC06081A6E4"><enum>(A)</enum><text>use the most
recent baseline estimates supplied by the Congressional Budget Office
consistent with section 257 of the Balanced Budget and Emergency Deficit
Control Act of 1985 used in considering a concurrent resolution on the budget;
or</text>
</subparagraph><subparagraph id="H02FB7D98FA94476994C627546C485E27"><enum>(B)</enum><text>after the
beginning of a new calendar year and before consideration of a concurrent
resolution on the budget, the most recent baseline estimates supplied by the
Congressional Budget Office consistent with section 257 of the Balanced Budget
and Emergency Deficit Control Act of 1985.</text>
</subparagraph></paragraph><paragraph id="H55118473551B42D2A34578DA2ECEC0F0"><enum>(5)</enum><header>Prior
surplus</header><text>If direct spending or revenue legislation increases the
on-budget deficit or causes an on-budget deficit when taken individually, it
must also increase the on-budget deficit or cause an on-budget deficit when
taken together with all direct spending and revenue legislation enacted since
the beginning of the calendar year not accounted for in the baseline under
paragraph (5)(A), except that direct spending or revenue effects resulting in
net deficit reduction enacted in any bill pursuant to a reconciliation
instruction since the beginning of that same calendar year shall never be made
available on the pay-as-you-go ledger and shall be dedicated only for deficit
reduction.</text>
</paragraph></subsection><subsection id="HB13F2C615D064C438DF76B59793F9660"><enum>(b)</enum><header>Determination of
budget levels</header><text>For purposes of this section, the levels of new
budget authority, outlays, and revenues for a fiscal year shall be determined
on the basis of estimates made by the Committees on the Budget.</text>
</subsection><subsection id="H216B0F6293E848578BCDC2D0C0CC4F29"><enum>(c)</enum><header>Point of order
protection in the House</header><text>In the House, it shall not be in order to
consider a rule or order that waives the application of subsection (a). As
disposition of a point of order under this paragraph, the Chair shall put the
question of consideration with respect to the rule or order that waives the
application of subsection (a). The question of consideration shall be debatable
for 10 minutes by the Member initiating the point of order and for 10 minutes
by an opponent, but shall otherwise be decided without intervening motion
except one that the House adjourn.</text>
</subsection></section><enum>IX</enum><header>Discretionary
Spending Limits.</header>
<section id="H34FE93AA45D849089F2E8D48C2E85707"><enum>901.</enum><header>Discretionary
spending limits in the House</header>
<subsection id="HA3EA6CD1152F4160A0C3BBC328985D51"><enum>(a)</enum><header>Point of
order</header><text>It shall not be in order in the House to consider any bill
or joint resolution, or amendment thereto, that provides new budget authority
that would cause the discretionary spending limits to be exceeded for any
fiscal year.</text>
</subsection><subsection id="H2C6644F780014E738DE1CCD4FE6A176"><enum>(b)</enum><header>Discretionary
spending limits</header><text>In the House and as used in this section, the
term <quote>discretionary spending limit</quote> means—</text>
<paragraph id="HE42CF485C50245B0AB1CFCCA002C0237"><enum>(1)</enum><text display-inline="yes-display-inline">with respect to fiscal year 2008, for the
discretionary category: $1,079,593,000,000 in new budget authority and
$1,127,623,000,000 in outlays;</text>
</paragraph><paragraph id="HAD6AE4D572524A89A44DA942D05641F2"><enum>(2)</enum><text display-inline="yes-display-inline">with respect to fiscal year 2009, for the
discretionary category: $1,004,865,000,000 in new budget authority and
$1,121,730,000,000 in outlays;</text>
</paragraph><paragraph id="H05760A05DAAE4648A2E2542D884BCC90"><enum>(3)</enum><text display-inline="yes-display-inline">with respect to fiscal year 2010, for the
discretionary category: $977,058,000,000 in new budget authority and
$1,050,106,000,000 in outlays;</text>
</paragraph><continuation-text continuation-text-level="subsection">as adjusted
in conformance with subsection (c).</continuation-text></subsection><subsection id="H4DA01D59F0514143840060BA2472E161"><enum>(c)</enum><header>Adjustments</header>
<paragraph id="H3BC06E359D5D4EA999261906D74BDDB"><enum>(1)</enum><header>In
general</header>
<subparagraph id="H7669D7B599D44B8B8C31CC00542885F7"><enum>(A)</enum><header>Chairman</header><text>After
the reporting of a bill or joint resolution, the offering of an amendment
thereto, or the submission of a conference report thereon, the chairman of the
Committee on the Budget may make the adjustments set forth in subparagraph (B)
for the amount of new budget authority in that measure (if that measure meets
the requirements set forth in paragraph (2)) and the outlays flowing from that
budget authority. The chairman of the Committee on the Budget may also make
appropriate adjustments for the reserve funds set forth in this
resolution.</text>
</subparagraph><subparagraph id="H2386292949A34057956F2BC12015C460"><enum>(B)</enum><header>Matters to be
adjusted</header><text>The adjustments referred to in subparagraph (A) are to
be made to—</text>
<clause id="HBD533628FA8348348704CAA0D85617D9"><enum>(i)</enum><text>the
discretionary spending limits, if any, set forth in the appropriate concurrent
resolution on the budget;</text>
</clause><clause id="H38B8EFC4B7864B9C000058D105CD3D00"><enum>(ii)</enum><text>the
allocations made pursuant to the appropriate concurrent resolution on the
budget pursuant to section 302(a) of the Congressional Budget Act of 1974;
and</text>
</clause><clause id="HE0B4BD6EA77F45D2A1DD0016BDB423C1"><enum>(iii)</enum><text>the budgetary
aggregates as set forth in the appropriate concurrent resolution on the
budget.</text>
</clause></subparagraph></paragraph><paragraph id="HFC51E887D2A649A9BD23B7EB25B0CF8E"><enum>(2)</enum><header>Amounts of
adjustments</header><text>The adjustment referred to in paragraph (1) shall be
an amount provided and designated as an emergency requirement;</text>
</paragraph><paragraph id="H98B8062115B343EDB3598D3EF66C47A3"><enum>(3)</enum><header>Application of
adjustments</header><text>The adjustments made for legislation pursuant to
paragraph (1) shall—</text>
<subparagraph id="HD9A3DEF78A644D5AA82D86D7B4F4317"><enum>(A)</enum><text>apply while that
legislation is under consideration;</text>
</subparagraph><subparagraph id="H43967279E84942C290009B605E5497DB"><enum>(B)</enum><text>take effect upon
the enactment of that legislation; and</text>
</subparagraph><subparagraph id="H2C7A669DEB0442FC87C1B32620A1106F"><enum>(C)</enum><text>be published in
the Congressional Record as soon as practicable.</text>
</subparagraph></paragraph><paragraph id="HC911E1AE644041098C63DAA6EFD9B5"><enum>(4)</enum><header>Application of
this section</header><text>The provisions of this section shall apply to
legislation providing new budget authority for fiscal years 2008 through
2010.</text>
</paragraph></subsection><subsection id="H076077D3EDFA48448E698EF1E8E5AEC"><enum>(d)</enum><header>Enforcement in
the house of representatives</header>
<paragraph id="H6D12E127EA394030B388B3C03F008D8D"><enum>(1)</enum><header>Waiver
protection</header><text>It shall not be in order in the House of
Representatives to consider a rule or order that waives the application of this
section.</text>
</paragraph><paragraph id="H47EAD9385B6F49C485C5EEB6BC042C6E"><enum>(2)</enum><header>Consideration in
the house</header>
<subparagraph id="H6ECCDDFD11BD4731A07B6C49FA8D47A4"><enum>(A)</enum><text>This subsection
shall apply only to the House of Representatives.</text>
</subparagraph><subparagraph id="HA661857AD2CA49C6BF62A6952C7039EB"><enum>(B)</enum><text>In order to be
cognizable by the Chair, a point of order under this section must specify the
precise language on which it is premised.</text>
</subparagraph><subparagraph id="H9EE0D04D572F4DD094A739EC14BA15BF"><enum>(C)</enum><text>As disposition of
points of order under this section, the Chair shall put the question of
consideration with respect to the proposition that is the subject of the points
of order.</text>
</subparagraph><subparagraph id="H4F5955F171134A76AAE4CE741C21C13"><enum>(D)</enum><text>A question of
consideration under this section shall be debatable for 10 minutes by each
Member initiating a point of order and for 10 minutes by an opponent on each
point of order, but shall otherwise be decided without intervening motion
except one that the House adjourn or that the Committee of the Whole rise, as
the case may be.</text>
</subparagraph><subparagraph id="H1E138A0F69AF4E678C3FFD3E8000B81F"><enum>(E)</enum><text>The disposition of
the question of consideration under this subsection with respect to a bill or
joint resolution shall be considered also to determine the question of
consideration under this subsection with respect to an amendment made in order
as original text.</text>
</subparagraph></paragraph><paragraph id="HD729C0EB7EF849DC99DF89FB6DA508CD"><enum>(3)</enum><header>Extension of
spending limits</header><text>It shall not be in order in the House of
Representatives to consider a concurrent resolution on the budget as described
in section 301 of the Congressional Budget Act of 1974 unless such resolution
includes discretionary spending limits that are in the same amounts or less
than those included in this section.</text>
</paragraph></subsection></section><enum>X</enum><header>Senses of
Congress</header>
<section id="H8E60A06BD45546CFA661D2139BA90050"><enum>1001.</enum><header>Sense of the
House regarding the importance of child support enforcement</header><text display-inline="no-display-inline">It is the Sense of the House that additional
legislative action is needed to ensure that states have the necessary resources
to collect all child support that is owed to families and to allow them to pass
100 percent of support on to families without financial penalty. It is further
the Sense of the House that when 100 percent of child support payments are
passed on to the child, rather than administrative expenses, program integrity
is improved and child support participation increases.</text>
</section><section id="H9CAF7C8BE44842799CA2332877A268E5"><enum>1002.</enum><header>Sense of the
House on State veterans cemeteries</header><text display-inline="no-display-inline">It is the sense of the House that the
Federal Government should pay the plot allowance for the internment in a State
veterans cemetery of any spouse or eligible child of a veteran, consistent with
the pay-as-you-go principle.</text>
</section><section id="HB446239EEFB84CF59D72C5001225BBBE"><enum>1003.</enum><header>Sense of
Congress on health insurance reform</header><text display-inline="no-display-inline">It is the sense of the Congress that
legislation should be considered that does the following:</text>
<paragraph id="H9D6C96C88CD44FEF9C2E3596E1D7D1F1"><enum>(1)</enum><text>Amends the
Internal Revenue Code to allow individual taxpayers a refundable tax credit for
health insurance costs paid for the benefit of the taxpayer, the taxpayer’s
spouse, and dependents.</text>
</paragraph><paragraph id="HFFB1C3A8B4A14314A722E97F1BCE6193"><enum>(2)</enum><text>Requires business
taxpayers who receive payments for certain employee health insurance coverage
to file informational returns.</text>
</paragraph><paragraph id="H738B05EC75ED4FA1B0CBAC566F4EAF6"><enum>(3)</enum><text>Directs the
Secretary of the Treasury to make advance payments of health insurance tax
credit amounts to health insurance providers.</text>
</paragraph><paragraph id="H61C6EEA2C0D04048A5380068364400D2"><enum>(4)</enum><text>Limits the tax
exclusion for employer-provided health care coverage.</text>
</paragraph></section><section id="H56A5F4C702504064B11ED525D8DEFAE5"><enum>1004.</enum><header>Sense of the
House on the Internal Revenue Code of 1986</header>
<subsection id="H28DDA825445847DCB86104E469B258C1"><enum>(a)</enum><header>Sense of
congress on the termination of the internal revenue code of
1986</header><text>No tax shall be imposed by the Internal Revenue Code of
1986—</text>
<paragraph id="H0676E9F465494662B29315BCB42F2FE2"><enum>(1)</enum><text>for any taxable
year beginning after December 31, 2010; and</text>
</paragraph><paragraph id="H6F5070529804421FAAC6F4ED88AE32EF"><enum>(2)</enum><text>in the case of any
tax not imposed on the basis of a taxable year, on any taxable event or for any
period after December 31, 2010.</text>
</paragraph></subsection><subsection id="HEA5BB81EB6CF41E7903F1DB268C1FA43"><enum>(b)</enum><header>Exception</header><text>It
is further the sense of the House of Representatives that legislation enacted
pursuant to subsection (a) shall not apply to taxes imposed by—</text>
<paragraph id="H3114DC5AF719426B8BF9DEDB343C1EC0"><enum>(1)</enum><text>chapter 2 of such
Code (relating to tax on self-employment income);</text>
</paragraph><paragraph id="HEF5354F3AABB4441ACDAD67CE7EA353B"><enum>(2)</enum><text>chapter 21 of such
Code (relating to Federal Insurance Contributions Act); and</text>
</paragraph><paragraph id="HB9A61B87846D4FFBBD3C74A3606EC600"><enum>(3)</enum><text>chapter 22 of such
Code (relating to Railroad Retirement Tax Act).</text>
</paragraph></subsection><subsection id="HBFC4F120240B4D8EB0FEDE802F157EF0"><enum>(c)</enum><header>Structure of a
new federal tax system</header><text>Congress declares that any new Federal tax
system should be a simple and fair system that—</text>
<paragraph id="H6DCEED7DB7724D4B9E74347057A167ED"><enum>(1)</enum><text>applies a low rate
to all Americans;</text>
</paragraph><paragraph id="HB5FB797DAF714AD6BF7EDCAEC537FC06"><enum>(2)</enum><text>provides tax
relief for working Americans;</text>
</paragraph><paragraph id="H9AFD0387B2814509847E47F38F6B8393"><enum>(3)</enum><text>protects the
rights of taxpayers and reduces tax collection abuses;</text>
</paragraph><paragraph id="H7A6540A7CCC54EF58800AF9E6DD09E60"><enum>(4)</enum><text>eliminates the
bias against savings and investment;</text>
</paragraph><paragraph id="H482BFF17BF6D4C05AE000323588D437C"><enum>(5)</enum><text>promotes economic
growth and job creation; and</text>
</paragraph><paragraph id="H9722A05BB1994DCABFB6006C11F17291"><enum>(6)</enum><text>does not penalize
marriage or families.</text>
</paragraph></subsection><subsection id="HDAF10237BB07404393BA7425889517C7"><enum>(d)</enum><header>Timing of
implementation</header><text>In order to ensure an easy transition and
effective implementation, the Congress hereby declares that any new Federal tax
system should be approved by Congress in its final form no later than July 4,
2010.</text>
</subsection></section>