Deficit-neutral war spending

(a)

In general

For purposes of budget enforcement and except as provided in this section, it shall not be in order for the Senate to consider budget authority for overseas contingency operations if it increases the on-budget deficit over the period of the budget year and the ensuing 9 fiscal years following the budget year. (b)

Offsets

Budget authority provided for overseas contingency operations in a bill, resolution, amendment, motion, or conference report shall be considered deficit neutral for the purpose of this section if such authority— (1)is considered subsequent to an Act of Congress that raises revenue for the designated purpose of paying for such overseas contingency operations; or (2)includes new reductions in spending authority. (c)

Iraq and Afghanistan

For purposes of this section, the following amounts are not required to be offset with respect to the overseas contingency operations in Iraq and Afghanistan: (1)For fiscal year 2012, $118,000,000,000. (2)For fiscal years 2013 through 2016, an amount equal to the President's budget request for that fiscal year for overseas contingency operations funds for Iraq and Afghanistan. (d)

Budget determinations

Compliance with this section shall be determined on the basis of estimates provided by the Committee on the Budget of the Senate. (e)

Waiver and appeal

(1)

Waiver

The provisions of this section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn. (2)

Appeals

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