[Congressional Record Volume 140, Number 27 (Friday, March 11, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 11, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
MODIFICATION TO AMENDMENT IN THE NATURE OF A SUBSTITUTE OFFERED BY MR. 
                                SOLOMON

  (Omitted from the Congressional Record of Thursday, March 10, 1994, 
on page H1234.)
       Strike all after the resolving clause and insert the 
     following:

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

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

     SEC. 2. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years beginning on October 1, 1994, October 1, 1995, 
     October 1, 1996, October 1, 1997, and October 1, 1998:
       (1) The recommended levels of Federal revenues are as 
     follows:
       Fiscal year 1995: $975,683,000,000.
       Fiscal year 1996: $1,028,844,000,000.
       Fiscal year 1997: $1,079,570,000,000.
       Fiscal year 1998: $1,136,278,000,000.
       Fiscal year 1999: $1,190,049,000,000.
     and the amounts by which the aggregate levels of Federal 
     revenues should be increased are as follows:
       Fiscal year 1995: $0.
       Fiscal year 1996: $0.
       Fiscal year 1997: $0.
       Fiscal year 1998: $0.
       Fiscal year 1999: $0.
     and the amounts for Federal Insurance Contributions Act 
     revenues for hospital insurance within the recommended levels 
     of Federal revenues are as follows:
       Fiscal year 1995: $100,300,000,000.
       Fiscal year 1996: $106,300,000,000.
       Fiscal year 1997: $111,900,000,000.
       Fiscal year 1998: $117,800,000,000.
       Fiscal year 1999: $123,700,000,000.
       (2) The appropriate levels of total new budget authority 
     are as follows:
       Fiscal year 1995: $1,154,722,000,000.
       Fiscal year 1996: $1,176,157,000,000.
       Fiscal year 1997: $1,222,353,000,000.
       Fiscal year 1998: $1,279,873,000,000.
       Fiscal year 1999: $1,324,885,000,000.
       (3) The appropriate levels of total budget outlays are as 
     follows:
       Fiscal year 1995: $1,176,773,000,000.
       Fiscal year 1996: $1,173,966,000,000.
       Fiscal year 1997: $1,211,781,000,000.
       Fiscal year 1998: $1,239,458,000,000.
       Fiscal year 1999: $1,281,851,000,000.
       (4) The amounts of the deficits are as follows:
       Fiscal year 1995: $201,090,000,000.
       Fiscal year 1996: $145,122,000,000.
       Fiscal year 1997: $132,211,000,000.
       Fiscal year 1998: $103,180,000,000.
       Fiscal year 1999: $91,802,000,000.
       (5) The appropriate levels of the public debt are as 
     follows:
       Fiscal year 1995: $4,924,400,000,000.
       Fiscal year 1996: $5,150,300,000,000.
       Fiscal year 1997: $5,363,000,000,000.
       Fiscal year 1998: $5,547,900,000,000.
       Fiscal year 1999: $5,713,800,000,000.
       (6) The appropriate levels of total Federal credit activity 
     for the fiscal years beginning on October 1, 1994, October 1, 
     1995, October 1, 1996, October 1, 1997, and October 1, 1998, 
     are as follows:
       Fiscal year 1995:
       (A) New direct loan obligations, $26,000,000,000.
       (B) New primary loan guarantee commitments, 
     $196,500,000,000.
       Fiscal year 1996:
       (A) New direct loan obligations, $30,400,000,000.
       (B) New primary loan guarantee commitments, 
     $170,300,000,000.
       Fiscal year 1997:
       (A) New direct loan obligations, $31,900,000,000.
       (B) New primary loan guarantee commitments, 
     $160,600,000,000.
       Fiscal year 1998:
       (A) New direct loan obligations, $33,700,000,000.
       (B) New primary loan guarantee commitments, 
     $159,800,000,000.
       Fiscal year 1999:
       (A) New direct loan obligations, $35,900,000,000.
       (B) New primary loan guarantee commitments, 
     $160,800,000,000.

     SEC. 3. MAJOR FUNCTIONAL CATEGORIES.

       The Congress determines and declares that the appropriate 
     levels of new budget authority, budget outlays, new direct 
     loan obligations, new primary loan guarantee commitments, and 
     new secondary loan guarantee commitments for fiscal years 
     1995 through 1999 for each major functional category are:
       (1) National Defense (050):
       Fiscal year 1995:
       (A) New budget authority, $267,433,000,000.
       (B) Outlays, $274,301,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $260,977,000,000.
       (B) Outlays, $267,033,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $259,878,000,000.
       (B) Outlays, $263,928,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $267,416,000,000.
       (B) Outlays, $265,068,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $275,866,000,000.
       (B) Outlays, $266,899,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (2) International Affairs (150):
       Fiscal year 1995:
       (A) New budget authority, $13,260,000,000.
       (B) Outlays, $16,299,000,000.
       (C) New direct loan obligations, $2,900,000,000.
       (D) New primary loan guarantee commitments, 
     $17,000,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $10,177,000,000.
       (B) Outlays, $13,613,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $17,500,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $9,604,000,000.
       (B) Outlays, $12,404,000,000.
       (C) New direct loan obligations, $2,600,000,000.
       (D) New primary loan guarantee commitments, 
     $17,500,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $8,890,000,000.
       (B) Outlays, $11,346,000,000.
       (C) New direct loan obligations, $2,400,000,000.
       (D) New primary loan guarantee commitments, 
     $17,500,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $8,200,000,000.
       (B) Outlays, $10,630,000,000.
       (C) New direct loan obligations, $2,400,000,000.
       (D) New primary loan guarantee commitments, 
     $17,000,000,000.
       (E) New secondary loan guarantee commitments, $0.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1995:
       (A) New budget authority, $14,666,000,000.
       (B) Outlays, $15,601,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $14,655,000,000.
       (B) Outlays, $14,734,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $14,946,000,000.
       (B) Outlays, $14,770,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $14,935,000,000.
       (B) Outlays, $14,942,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $15,223,000,000.
       (B) Outlays, $15,131,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1995:
       (A) New budget authority, $3,294,000,000.
       (B) Outlays, $2,551,000,000.
       (C) New direct loan obligations, $1,400,000,000.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $3,000,000,000.
       (B) Outlays, $2,529,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $2,500,000,000.
       (B) Outlays, $1,848,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $1,885,000,000.
       (B) Outlays, $629,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $1,453,000,000.
       (B) Outlays, $381,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1995:
       (A) New budget authority, $14,700,000,000.
       (B) Outlays, $18,729,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $14,700,000,000.
       (B) Outlays, $16,691,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $11,899,000,000.
       (B) Outlays, $12,998,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $12,258,000,000.
       (B) Outlays, $12,244,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $11,853,000,000.
       (B) Outlays, $11,784,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (6) Agriculture (350):
       Fiscal year 1995:
       (A) New budget authority, $7,734,000,000.
       (B) Outlays, $7,722,000,000.
       (C) New direct loan obligations, $9,900,000,000.
       (D) New primary loan guarantee commitments, $6,300,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, -$254,000,000.
       (B) Outlays, -$1,408,000,000.
       (C) New direct loan obligations, $8,400,000,000.
       (D) New primary loan guarantee commitments, $4,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $3,829,000,000.
       (B) Outlays, $2,590,000,000.
       (C) New direct loan obligations, $8,500,000,000.
       (D) New primary loan guarantee commitments, $4,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $4,275,000,000.
       (B) Outlays, $2,488,000,000.
       (C) New direct loan obligations, $8,500,000,000.
       (D) New primary loan guarantee commitments, $4,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $3,484,000,000.
       (B) Outlays, $2,397,000,000.
       (C) New direct loan obligations, $8,800,000,000.
       (D) New primary loan guarantee commitments, $4,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1995:
       (A) New budget authority, $3,537,000,000.
       (B) Outlays, $-11,074,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $117,900,000,000.
       (E) New secondary loan guarantee commitments, 
     $130,000,000,000.
       Fiscal year 1996:
       (A) New budget authority, $935,000,000.
       (B) Outlays, $-14,664,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $103,100,000,000.
       (E) New secondary loan guarantee commitments, 
     $110,000,000,000.
       Fiscal year 1997:
       (A) New budget authority, $-238,000,000.
       (B) Outlays, $-8,215,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $95,900,000,000.
       (E) New secondary loan guarantee commitments, 
     $110,000,000,000.
       Fiscal year 1998:
       (A) New budget authority, $-779,000,000.
       (B) Outlays, $-8,506,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $96,600,000,000.
       (E) New secondary loan guarantee commitments, 
     $110,000,000,000.
       Fiscal year 1999:
       (A) New budget authority, $-1,139,000,000.
       (B) Outlays, $-7,888,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $99,500,000,000.
       (E) New secondary loan guarantee commitments, 
     $110,000,000,000.
       (8) Transportation (400):
       Fiscal year 1995:
       (A) New budget authority, $28,110,000,000.
       (B) Outlays, $30,831,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $28,747,000,000.
       (B) Outlays, $30,537,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $29,932,000,000.
       (B) Outlays, $30,037,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $31,379,000,000.
       (B) Outlays, $30,069,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $31,810,000,000.
       (B) Outlays, $30,007,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (9) Community and Regional Development (450):
       Fiscal year 1995:
       (A) New budget authority, $8,321,000,000.
       (B) Outlays, $13,941,000,000.
       (C) New direct loan obligations, $2,200,000,000.
       (D) New primary loan guarantee commitments, $2,800,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $8,474,000,000.
       (B) Outlays, $12,049,000,000.
       (C) New direct loan obligations, $2,100,000,000.
       (D) New primary loan guarantee commitments, $2,800,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $8,577,000,000.
       (B) Outlays, $9,863,000,000.
       (C) New direct loan obligations, $2,000,000,000.
       (D) New primary loan guarantee commitments, $2,800,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $8,260,000,000.
       (B) Outlays, $9,203,000,000.
       (C) New direct loan obligations, $2,000,000,000.
       (D) New primary loan guarantee commitments, $2,800,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $9,032,000,000.
       (B) Outlays, $9,156,000,000.
       (C) New direct loan obligations, $2,000,000,000.
       (D) New primary loan guarantee commitments, $2,800,000,000.
       (E) New secondary loan guarantee commitments, $0.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1995:
       (A) New budget authority, $50,304,000,000.
       (B) Outlays, $50,670,000,000.
       (C) New direct loan obligations, $5,500,000,000.
       (D) New primary loan guarantee commitments, 
     $19,200,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $49,551,000,000.
       (B) Outlays, $47,677,000,000.
       (C) New direct loan obligations, $11,500,000,000.
       (D) New primary loan guarantee commitments, 
     $14,400,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $50,441,000,000.
       (B) Outlays, $48,689,000,000.
       (C) New direct loan obligations, $13,200,000,000.
       (D) New primary loan guarantee commitments, 
     $13,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $51,921,000,000.
       (B) Outlays, $50,576,000,000.
       (C) New direct loan obligations, $15,100,000,000.
       (D) New primary loan guarantee commitments, 
     $12,700,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $53,883,000,000.
       (B) Outlays, $52,537,000,000.
       (C) New direct loan obligations, $16,900,000,000.
       (D) New primary loan guarantee commitments, 
     $11,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       (11) Health (550):
       Fiscal year 1995:
       (A) New budget authority, $118,701,000,000.
       (B) Outlays, $118,116,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $400,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $122,861,000,000.
       (B) Outlays, $121,787,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $400,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $130,082,000,000.
       (B) Outlays, $128,786,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $400,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $138,587,000,000.
       (B) Outlays, $137,091,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $149,089,000,000.
       (B) Outlays, $147,493,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (12) Medicare (570):
       Fiscal year 1995:
       (A) New budget authority, $161,599,000,000.
       (B) Outlays, $153,661,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $178,555,000,000.
       (B) Outlays, $167,028,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $196,607,000,000.
       (B) Outlays, $180,463,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $215,309,000,000.
       (B) Outlays, $193,254,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $238,147,000,000.
       (B) Outlays, $202,479,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (13) Income Security (600):
       Fiscal year 1995:
       (A) New budget authority, $197,875,000,000.
       (B) Outlays, $207,863,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $201,872,000,000.
       (B) Outlays, $207,237,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $211,513,000,000.
       (B) Outlays, $215,134,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $227,128,000,000.
       (B) Outlays, $218,039,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $224,967,000,000.
       (B) Outlays, $227,998,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (14) Social Security (650):
       Fiscal year 1995:
       (A) New budget authority, $6,760,000,000.
       (B) Outlays, $9,360,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $6,255,000,000.
       (B) Outlays, $9,355,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $8,250,000,000.
       (B) Outlays, $11,450,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $8,940,000,000.
       (B) Outlays, $12,240,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $9,730,000,000.
       (B) Outlays, $13,030,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1995:
       (A) New budget authority, $36,388,000,000.
       (B) Outlays, $36,413,000,000.
       (C) New direct loan obligations, $1,300,000,000.
       (D) New primary loan guarantee commitments, 
     $32,900,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $36,058,000,000.
       (B) Outlays, $34,772,000,000.
       (C) New direct loan obligations, $1,300,000,000.
       (D) New primary loan guarantee commitments, 
     $27,400,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $36,030,000,000.
       (B) Outlays, $36,174,000,000.
       (C) New direct loan obligations, $1,300,000,000.
       (D) New primary loan guarantee commitments, 
     $25,800,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $35,939,000,000.
       (B) Outlays, $35,921,000,000.
       (C) New direct loan obligations, $1,400,000,000.
       (D) New primary loan guarantee commitments, 
     $25,600,000,000.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $35,724,000,000.
       (B) Outlays, $35,906,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $25,300,000.
       (E) New secondary loan guarantee commitments, $0.
       (16) Administration of Justice (750):
       Fiscal year 1995:
       (A) New budget authority, $15,491,000,000.
       (B) Outlays, $15,830,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $15,461,000,000.
       (B) Outlays, $15,692,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $15,428,000,000.
       (B) Outlays, $15,241,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $15,693,000,000.
       (B) Outlays, $15,478,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $14,155,000,000.
       (B) Outlays, $15,274,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (17) General Government (800):
       Fiscal year 1995:
       (A) New budget authority, $10,260,000,000.
       (B) Outlays, $11,742,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $9,870,000,000.
       (B) Outlays, $10,710,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $9,339,000,000.
       (B) Outlays, $9,947,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $8,775,000,000.
       (B) Outlays, $9,077,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $8,421,000,000.
       (B) Outlays, $8,216,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (18) Net Interest (900):
       Fiscal year 1995:
       (A) New budget authority, $245,763,000,000.
       (B) Outlays, $245,763,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $261,542,000,000.
       (B) Outlays, $261,542,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $270,219,000,000.
       (B) Outlays, $270,219,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $277,157,000,000.
       (B) Outlays, $277,157,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $283.663,000,000.
       (B) Outlays, $283,063,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $8.
       (E) New secondary loan guarantee commitments, $0.
       (19) Allowances (920):
       Fiscal year 1995:
       (A) New budget authority, -$13,097,000,000.
       (B) Outlays, -$5,161,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, -$15,625,000,000.
       (B) Outlays, -$11,248,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, -$15,789,000,000.
       (B) Outlays, -$13,795,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$16,395,000,000.
       (B) Outlays, -$15,154,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$16,976,000,000,000.
       (B) Outlays, -$15,932,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1995:
       (A) New budget authority, -$36,385,000,000.
       (B) Outlays, -$36,385,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, -$31,700,000,000.
       (B) Outlays, -$31,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, -$30,700,000,000.
       (B) Outlays, -$30,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$31,700,000,000.
       (B) Outlays, -$31,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$32,300,000,000.
       (B) Outlays, -$32,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (E) New secondary loan guarantee commitments, $0.

     SEC. 5. SENSE OF THE CONGRESS REGARDING BASELINES.

       (a) Findings.--The Congress finds that--
       (1) the baseline budget shows the likely course of Federal 
     revenues and spending if policies remain unchanged;
       (2) baseline budgeting has given rise to the practice of 
     calculating policy changes from inflated spending levels; and
       (3) the baseline concept has been misused to portray 
     policies that would simply slow down the increase in spending 
     as spending reductions.
       (b) Sense of Congress.--It is the sense of the Congress 
     that--
       (1) the President should submit a budget that compares 
     proposed spending levels for the budget year with the current 
     year; and
       (2) the starting point for deliberations on a budget 
     resolution should be the current year.

     SEC. 6. ADJUSTMENT OF PAY-AS-YOU-GO SCORECARD.

       It is the sense of the Congress that upon enactment of a 
     reconciliation bill pursuant to section 4, the Director of 
     the Office of Management and Budget shall reduce the balances 
     of direct spending and receipts legislation applicable to 
     each fiscal year under section 252 of the Balanced Budget and 
     Emergency Deficit Control Act of 1985 by an amount equal to 
     the net change in the deficit achieved through the enactment 
     in that Act of direct spending and receipts legislation for 
     that year.

     SEC. 7. SPENDING REDUCTIONS.

       Nothing in this concurrent resolution on the budget commits 
     the Congress to making the specific spending reductions used 
     as assumptions in deriving the appropriate budgetary levels 
     in this concurrent resolution, with the full understanding 
     that the Congress may make comparable spending reductions in 
     other areas to arrive at the same appropriate budgetary 
     levels.
       ``(5) the Federal government should suspend regulations 
     mandating compliance with federal statutes that result in 
     direct costs to state and local governments until 
     reimbursement for these costs are provided by the Federal 
     government.''

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