[Congressional Record Volume 140, Number 34 (Wednesday, March 23, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 23, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                 BOXER (AND OTHERS) AMENDMENT NO. 1562

  Mrs. BOXER (for herself, Mr. Leahy, Mrs. Feinstein, Mr. Dorgan, Ms. 
Moseley-Braun, Mr. Wofford, and Mr. Lautenberg) proposed an amendment 
to the concurrent resolution Senate Concurrent Resolution 63, supra; as 
follows:

       On page 17, line 22, increase the amount by $180,000,000.
       On page 17, line 23, increase the amount by $180,000,000.
       On page 24, line 17, increase the amount by $320,000,000.
       On page 24, line 18, increase the amount by $48,000,000.
       On page 25, line 1, increase the amount by $171,000,000.
       On page 25, line 9, increase the amount by $99,000,000.
       On page 25, line 17, increase the amount by $2,000,000.
       On page 26, line 8, increase the amount by $400,000,000.
       On page 26, line 9, increase the amount by $180,000,000.
       On page 26, line 16, increase the amount by $178,000,000.
       On page 26, line 23, increase the amount by $42,000,000.
       On page 30, line 20, increase the amount by $100,000,000.
       On page 30, line 21, increase the amount by $91,000,000.
       On page 31, line 3, increase the amount by $9,000,000.
       On page 41, line 11, decrease the amount by $1,000,000,000.
       On page 41, line 12, decrease the amount by $499,000,000.
       On page 41, line 19, decrease the amount by $358,000,000.
       On page 42, line 1, decrease the amount by $141,000,000.
       On page 42, line 8, decrease the amount by $2,000,000.
                                 ______


                        LOTT AMENDMENT NO. 1563

  Mr. LOTT proposed an amendment to the concurrent resolution, Senate 
Concurrent Resolution 63, supra; as follows:

       Notwithstanding any other provision of this resolution, the 
     language beginning on page 5, line 1, through page 72, line 
     23, is null, void, and of no effect and the following shall 
     apply:
       Fiscal year 1995: $1,247,700,000,000.
       Fiscal year 1996: $1,307,900,000,000.
       Fiscal year 1997: $1,373,900,000,000.
       Fiscal year 1998: $1,447,300,000,000.
       Fiscal year 1999: $1,508,700,000,000.
       (B) For purposes of section 710 of the Social Security Act 
     (excluding the receipts and disbursements of the Hospital 
     Insurance Trust Fund), the appropriate levels of total new 
     budget authority are as follows:
       Fiscal year 1995: $1,149,200,000,000.
       Fiscal year 1996: $1,202,300,000,000.
       Fiscal year 1997: $1,257,000,000,000.
       Fiscal year 1998: $1,315,000,000,000.
       Fiscal year 1999: $1,372,300,000,000.
       (3) Budget outlays.--(A) For purposes of comparison with 
     the maximum deficit amount under sections 601(a)(1) and 606 
     of the Congressional Budget Act of 1974 and for purposes of 
     the enforcement of this resolution, the appropriate levels of 
     total budget outlays are as follows:
       Fiscal year 1995: $1,217,900,000,000.
       Fiscal year 1996: $1,288,500,000,000.
       Fiscal year 1997: $1,356,700,000,000.
       Fiscal year 1998: $1,413,700,000,000.
       Fiscal year 1999: $1,472,300,000,000.
       (B) For purposes of section 710 of the Social Security Act 
     (excluding the receipts and disbursements of the Hospital 
     Insurance Trust Fund), the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1995: $1,124,000,000,000.
       Fiscal year 1996: $1,188,600,000,000.
       Fiscal year 1997: $1,247,300,000,000.
       Fiscal year 1998: $1,295,400,000,000.
       Fiscal year 1999: $1,344,800,000,000.
       (4) Deficits.--(A) For purposes of comparison with the 
     maximum deficit amount under sections 601(a)(1) and 606 of 
     the Congressional Budget Act of 1974 and for purposes of the 
     enforcement of this resolution, the amounts of the deficits 
     are as follows:
       Fiscal year 1995: $240,200,000,000.
       Fiscal year 1996: $257,300,000,000.
       Fiscal year 1997: $277,000,000,000.
       Fiscal year 1998: $277,300,000,000.
       Fiscal year 1999: $282,100,000,000.
       (B) For purposes of section 710 of the Social Security Act 
     (excluding the receipts and disbursements of the Hospital 
     Insurance Trust Fund), the amounts of the deficits are as 
     follows:
       Fiscal year 1995: $248,200,000,000.
       Fiscal year 1996: $263,700,000,000.
       Fiscal year 1997: $279,500,000,000.
       Fiscal year 1998: $276,800,000,000.
       Fiscal year 1999: $278,300,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1995: $4,965,200,000,000.
       Fiscal year 1996: $5,285,700,000,000.
       Fiscal year 1997: $5,622,300,000,000.
       Fiscal year 1998: $5,958,200,000,000.
       Fiscal year 1999: $6,289,700,000,000.
       (6) Direct loan obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1995: $26,700,000,000.
       Fiscal year 1996: $32,100,000,000.
       Fiscal year 1997: $33,800,000,000.
       Fiscal year 1998: $35,700,000,000.
       Fiscal year 1999: $37,800,000,000.
       (7) Primary loan guarantee commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1995: $199,700,000,000.
       Fiscal year 1996: $174,400,000,000.
       Fiscal year 1997: $164,600,000,000.
       Fiscal year 1998: $164,100,000,000.
       Fiscal year 1999: $163,500,000,000.

     SEC. 3. DEBT INCREASE AS A MEASURE OF DEFICIT.

       The amounts of the increase in the public debt subject to 
     limitation are as follows:
       Fiscal year 1995: $308,300,000,000.
       Fiscal year 1996: $320,500,000,000.
       Fiscal year 1997: $336,600,000,000.
       Fiscal year 1998: $335,900,000,000.
       Fiscal year 1999: $331,400,000,000.

     SEC. 4. DISPLAY OF FEDERAL RETIREMENT TRUST FUND BALANCES.

       The balances of the Federal retirement trust funds are as 
     follows:
       Fiscal year 1995: $1,161,100,000,000.
       Fiscal year 1996: $1,275,200,000,000.
       Fiscal year 1997: $1,396,900,000,000.
       Fiscal year 1998: $1,524,200,000,000.
       Fiscal year 1999: $1,651,300,000,000.

     SEC. 5. SOCIAL SECURITY.

       (a) Social Security Revenues.--For purposes of Senate 
     enforcement under sections 302 and 311 of the Congressional 
     Budget Act of 1974, the amounts of revenues of the Federal 
     Old-Age and Survivors Insurance Trust Fund and the Federal 
     Disability Insurance Trust Fund are as follows:
       Fiscal year 1995: $360,500,000,000.
       Fiscal year 1996: $379,600,000,000.
       Fiscal year 1997: $399,000,000,000.
       Fiscal year 1998: $419,500,000,000.
       Fiscal year 1999: $439,800,000,000.
       (b) Social Security Outlays.--For purposes of Senate 
     enforcement under sections 302 and 311 of the Congressional 
     Budget Act of 1974, the amounts of outlays of the Federal 
     Old-Age and Survivors Insurance Trust Fund and the Federal 
     Disability Insurance Trust Fund are as follows:
       Fiscal year 1995: $287,600,000,000.
       Fiscal year 1996: $301,300,000,000.
       Fiscal year 1997: $312,300,000,000.
       Fiscal year 1998: $324,400,000,000.
       Fiscal year 1999: $337,000,000,000.

     SEC. 6. MAJOR FUNCTIONAL CATEGORIES.

       The Congress determines and declares that the appropriate 
     levels of new budget authority, budget outlays, new direct 
     loan obligations, and new primary 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, $263,800,000,000.
       (B) Outlays, $270,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $255,300,000,000.
       (B) Outlays, $261,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $252,000,000,000.
       (B) Outlays, $256,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $258,700,000,000.
       (B) Outlays, $256,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $265,100,000,000.
       (B) Outlays, $257,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (2) International Affairs (150):
       Fiscal year 1995:
       (A) New budget authority, $19,300,000,000.
       (B) Outlays, $18,100,000,000.
       (C) New direct loan obligations, $3,200,000,000.
       (D) New primary loan guarantee commitments, 
     $18,000,000,000.
       Fiscal year 1996:
       (A) New budget authority, $17,200,000,000.
       (B) Outlays, $17,300,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $18,500,000,000.
       Fiscal year 1997:
       (A) New budget authority, $17,000,000,000.
       (B) Outlays, $17,300,000,000.
       (C) New direct loan obligations, $2,600,000,000.
       (D) New primary loan guarantee commitments, 
     $18,500,000,000.
       Fiscal year 1998:
       (A) New budget authority, $16,800,000,000.
       (B) Outlays, $17,600,000,000.
       (C) New direct loan obligations, $2,400,000,000.
       (D) New primary loan guarantee commitments, 
     $18,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $17,000,000,000.
       (B) Outlays, $17,500,000,000.
       (C) New direct loan obligations, $2,400,000,000.
       (D) New primary loan guarantee commitments, 
     $16,500,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1995:
       (A) New budget authority, $17,300,000,000.
       (B) Outlays, $17,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $17,200,000,000.
       (B) Outlays, $17,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $17,300,000,000.
       (B) Outlays, $17,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $17,400,000,000.
       (B) Outlays, $17,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $17,600,000,000.
       (B) Outlays, $17,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1995:
       (A) New budget authority, $6,300,000,000.
       (B) Outlays, $5,000,000,000.
       (C) New direct loan obligations, $1,400,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $5,900,000,000.
       (B) Outlays, $5,200,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $5,900,000,000.
       (B) Outlays, $5,000,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $6,100,000,000.
       (B) Outlays, $4,700,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $5,200,000,000.
       (B) Outlays, $3,900,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1995:
       (A) New budget authority, $21,700,000,000.
       (B) Outlays, $21,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $22,200,000,000.
       (B) Outlays, $21,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $22,100,000,000.
       (B) Outlays, $21,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $22,000,000,000.
       (B) Outlays, $21,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $21,600,000,000.
       (B) Outlays, $21,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (6) Agriculture (350):
       Fiscal year 1995:
       (A) New budget authority, $12,300,000,000.
       (B) Outlays, $11,600,000,000.
       (C) New direct loan obligations, $10,100,000,000.
       (D) New primary loan guarantee commitments, $7,400,000,000.
       Fiscal year 1996:
       (A) New budget authority, $12,500,000,000.
       (B) Outlays, $11,400,000,000.
       (C) New direct loan obligations, $9,700,000,000.
       (D) New primary loan guarantee commitments, $7,400,000,000.
       Fiscal year 1997:
       (A) New budget authority, $13,000,000,000.
       (B) Outlays, $11,700,000,000.
       (C) New direct loan obligations, $9,700,000,000.
       (D) New primary loan guarantee commitments, $7,400,000,000.
       Fiscal year 1998:
       (A) New budget authority, $13,200,000,000.
       (B) Outlays, $12,000,000,000.
       (C) New direct loan obligations, $9,800,000,000.
       (D) New primary loan guarantee commitments, $7,400,000,000.
       Fiscal year 1999:
       (A) New budget authority, $13,700,000,000.
       (B) Outlays, $12,500,000,000.
       (C) New direct loan obligations, $9,900,000,000.
       (D) New primary loan guarantee commitments, $7,400,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1995:
       (A) New budget authority, $7,700,000,000.
       (B) Outlays, -$8,300,000,000.
       (C) New direct loan obligations, $2,800,000,000.
       (D) New primary loan guarantee commitments, 
     $117,900,000,000.
       Fiscal year 1996:
       (A) New budget authority, $5,300,000,000.
       (B) Outlays, -$10,800,000,000.
       (C) New direct loan obligations, $3,000,000,000.
       (D) New primary loan guarantee commitments, 
     $103,200,000,000.
       Fiscal year 1997:
       (A) New budget authority, $5,100,000,000.
       (B) Outlays, -$3,400,000,000.
       (C) New direct loan obligations, $3,100,000,000.
       (D) New primary loan guarantee commitments, 
     $95,900,000,000.
       Fiscal year 1998:
       (A) New budget authority, $5,200,000,000.
       (B) Outlays, -$2,900,000,000.
       (C) New direct loan obligations, $3,200,000,000.
       (D) New primary loan guarantee commitments, 
     $96,600,000,000.
       Fiscal year 1999:
       (A) New budget authority, $6,200,000,000.
       (B) Outlays, -$900,000,000.
       (C) New direct loan obligations, $3,400,000,000.
       (D) New primary loan guarantee commitments, 
     $99,500,000,000.
       (8) Transportation (400):
       Fiscal year 1995:
       (A) New budget authority, $42,900,000,000.
       (B) Outlays, $38,800,000,000.
       (C) New direct loan obligations, $100,000,000.
       (D) New primary loan guarantee commitments, $500,000,000.
       Fiscal year 1996:
       (A) New budget authority, $41,800,000,000.
       (B) Outlays, $39,600,000,000.
       (C) New direct loan obligations, $100,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $43,200,000,000.
       (B) Outlays, $40,100,000,000.
       (C) New direct loan obligations, $100,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $44,000,000,000.
       (B) Outlays, $40,300,000,000.
       (C) New direct loan obligations, $100,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $44,500,000,000.
       (B) Outlays, $40,400,000,000.
       (C) New direct loan obligations, $100,000,000.
       (D) New primary loan guarantee commitments, $0.
       (9) Community and Regional Development (450):
       Fiscal year 1995:
       (A) New budget authority, $9,500,000,000.
       (B) Outlays, $9,300,000,000.
       (C) New direct loan obligations, $2,200,000,000.
       (D) New primary loan guarantee commitments, $3,600,000,000.
       Fiscal year 1996:
       (A) New budget authority, $9,000,000,000.
       (B) Outlays, $8,900,000,000.
       (C) New direct loan obligations, $2,200,000,000.
       (D) New primary loan guarantee commitments, $3,600,000,000.
       Fiscal year 1997:
       (A) New budget authority, $9,000,000,000.
       (B) Outlays, $9,000,000,000.
       (C) New direct loan obligations, $2,200,000,000.
       (D) New primary loan guarantee commitments, $3,600,000,000.
       Fiscal year 1998:
       (A) New budget authority, $9,000,000,000.
       (B) Outlays, $9,100,000,000.
       (C) New direct loan obligations, $2,200,000,000.
       (D) New primary loan guarantee commitments, $3,600,000,000.
       Fiscal year 1999:
       (A) New budget authority, $9,000,000,000.
       (B) Outlays, $9,000,000,000.
       (C) New direct loan obligations, $2,200,000,000.
       (D) New primary loan guarantee commitments, $3,600,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1995:
       (A) New budget authority, $57,600,000,000.
       (B) Outlays, $53,600,000,000.
       (C) New direct loan obligations, $5,500,000,000.
       (D) New primary loan guarantee commitments, 
     $19,000,000,000.
       Fiscal year 1996:
       (A) New budget authority, $58,200,000,000.
       (B) Outlays, $55,500,000,000.
       (C) New direct loan obligations, $11,500,000,000.
       (D) New primary loan guarantee commitments, 
     $14,000,000,000.
       Fiscal year 1997:
       (A) New budget authority, $59,900,000,000.
       (B) Outlays, $58,100,000,000.
       (C) New direct loan obligations, $13,200,000,000.
       (D) New primary loan guarantee commitments, 
     $13,200,000,000.
       Fiscal year 1998:
       (A) New budget authority, $61,700,000,000.
       (B) Outlays, $60,600,000,000.
       (C) New direct loan obligations, $15,100,000,000.
       (D) New primary loan guarantee commitments, 
     $12,300,000,000.
       Fiscal year 1999:
       (A) New budget authority, $63,200,000,000.
       (B) Outlays, $62,200,000,000.
       (C) New direct loan obligations, $16,800,000,000.
       (D) New primary loan guarantee commitments, 
     $11,200,000,000.
       (11) Health (550):
       Fiscal year 1995:
       (A) New budget authority, $123,800,000,000.
       (B) Outlays, $122,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $400,000,000.
       Fiscal year 1996:
       (A) New budget authority, $136,600,000,000.
       (B) Outlays, $135,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $300,000,000.
       Fiscal year 1997:
       (A) New budget authority, $150,900,000,000.
       (B) Outlays, $149,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $200,000,000.
       Fiscal year 1998:
       (A) New budget authority, $166,600,000,000.
       (B) Outlays, $165,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $100,000,000.
       Fiscal year 1999:
       (A) New budget authority, $184,100,000,000.
       (B) Outlays, $182,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (12) Medicare (570):
       Fiscal year 1995:
       (A) New budget authority, $162,400,000,000.
       (B) Outlays, $160,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $180,500,000,000.
       (B) Outlays, $177,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $198,500,000,000.
       (B) Outlays, $194,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $217,700,000,000.
       (B) Outlays, $210,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $242,300,000,000.
       (B) Outlays, $227,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (13) For purposes of section 710 of the Social Security 
     Act, Federal Supplementary Medical Insurance Trust Fund:
       Fiscal year 1995:
       (A) New budget authority, $56,000,000,000.
       (B) Outlays, $55,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $65,200,000,000.
       (B) Outlays, $64,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $73,300,000,000.
       (B) Outlays, $71,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $81,300,000,000.
       (B) Outlays, $78,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $92,200,000,000.
       (B) Outlays, $87,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (14) Income Security (600):
       Fiscal year 1995:
       (A) New budget authority, $219,900,000,000.
       (B) Outlays, $220,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $234,500,000,000.
       (B) Outlays, $229,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $249,100,000,000.
       (B) Outlays, $242,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $261,000,000,000.
       (B) Outlays, $253,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $272,600,000,000.
       (B) Outlays, $264,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (15) Social Security (650):
       Fiscal year 1995:
       (A) New budget authority, $6,800,000,000.
       (B) Outlays, $9,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $6,300,000,000.
       (B) Outlays, $9,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $8,300,000,000.
       (B) Outlays, $11,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $9,000,000,000.
       (B) Outlays, $12,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $9,800,000,000.
       (B) Outlays, $13,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (16) Veterans Benefits and Services (700):
       Fiscal year 1995:
       (A) New budget authority, $37,200,000,000.
       (B) Outlays, $36,600,000,000.
       (C) New direct loan obligations, $1,400,000,000.
       (D) New primary loan guarantee commitments, 
     $32,900,000,000.
       Fiscal year 1996:
       (A) New budget authority, $37,600,000,000.
       (B) Outlays, $36,600,000,000.
       (C) New direct loan obligations, $1,300,000,000.
       (D) New primary loan guarantee commitments, 
     $27,400,000,000.
       Fiscal year 1997:
       (A) New budget authority, $38,500,000,000.
       (B) Outlays, $38,300,000,000.
       (C) New direct loan obligations, $1,400,000,000.
       (D) New primary loan guarantee commitments, 
     $25,800,000,000.
       Fiscal year 1998:
       (A) New budget authority, $38,600,000,000.
       (B) Outlays, $38,500,000,000.
       (C) New direct loan obligations, $1,400,000,000.
       (D) New primary loan guarantee commitments, 
     $25,600,000,000.
       Fiscal year 1999:
       (A) New budget authority, $39,200,000,000.
       (B) Outlays, $39,100,000,000.
       (C) New direct loan obligations, $1,500,000,000.
       (D) New primary loan guarantee commitments, 
     $25,300,000,000.
       (17) Administration of Justice (750):
       Fiscal year 1995:
       (A) New budget authority, $18,300,000,000.
       (B) Outlays, $17,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $20,800,000,000.
       (B) Outlays, $19,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $21,600,000,000.
       (B) Outlays, $20,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $22,700,000,000.
       (B) Outlays, $22,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $23,900,000,000.
       (B) Outlays, $22,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (18) General Government (800):
       Fiscal year 1995:
       (A) New budget authority, $14,000,000,000.
       (B) Outlays, $13,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $13,500,000,000.
       (B) Outlays, $14,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $13,400,000,000.
       (B) Outlays, $13,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $13,100,000,000.
       (B) Outlays, $13,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $13,500,000,000.
       (B) Outlays, $13,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (19) Net Interest (900):
       Fiscal year 1995:
       (A) New budget authority, $247,100,000,000.
       (B) Outlays, $247,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $267,300,000,000.
       (B) Outlays, $267,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $283,000,000,000.
       (B) Outlays, $283,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $298,600,000,000.
       (B) Outlays, $298,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $315,000,000,000.
       (B) Outlays, $315,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (20) For purposes of section 710 of the Social Security 
     Act, Net Interest (900):
       Fiscal year 1995:
       (A) New budget authority, $257,600,000,000.
       (B) Outlays, $257,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, $278,000,000,000.
       (B) Outlays, $278,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, $293,800,000,000.
       (B) Outlays, $293,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $309,200,000,000.
       (B) Outlays, $309,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $324,800,000,000.
       (B) Outlays, $324,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (21) The corresponding levels of gross interest on the 
     public debt are as follows:
       Fiscal year 1995: $311,800,000,000.
       Fiscal year 1996: $331,300,000,000.
       Fiscal year 1997: $347,900,000,000.
       Fiscal year 1998: $365,300,000,000.
       Fiscal year 1999: $383,600,000,000.
       (22) Allowances (920):
       Fiscal year 1995:
       (A) New budget authority, -$4,100,000,000.
       (B) Outlays, -$10,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, -$3,500,000,000.
       (B) Outlays, -$2,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, -$3,600,000,000.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$2,900,000,000.
       (B) Outlays, -$5,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$23,200,000,000.
       (B) Outlays, -$14,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (23) Undistributed Offsetting Receipts (950):
       Fiscal year 1995:
       (A) New budget authority, -$36,100,000,000.
       (B) Outlays, -$36,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, -$30,300,000,000.
       (B) Outlays, -$30,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, -$30,300,000,000.
       (B) Outlays, -$30,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$31,200,000,000.
       (B) Outlays, -$31,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$31,600,000,000.
       (B) Outlays, -$31,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (24) For purposes of section 710 of the Social Security 
     Act, Undistributed Offsetting Receipts (950):
       Fiscal year 1995:
       (A) New budget authority, -$33,500,000,000.
       (B) Outlays, -$33,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1996:
       (A) New budget authority, -$27,100,000,000.
       (B) Outlays, -$27,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1997:
       (A) New budget authority, -$27,600,000,000.
       (B) Outlays, -$27,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$28,300,000,000.
       (B) Outlays, -$28,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$28,500,000,000.
       (B) Outlays, -$28,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
                     TITLE II--BUDGETARY PROCEDURES

     SEC. 21. SALE OF GOVERNMENT ASSETS.

       (a) Sense of the Congress.--It is the sense of the Congress 
     that--
       (1) from time to time the United States Government should 
     sell assets; and
       (2) the amounts realized from such asset sales will not 
     recur on an annual basis and do not reduce the demand for 
     credit.
       (b) Finding.--The Congress finds that every budget 
     resolution since that for fiscal year 1988 has included 
     language prohibiting counting in the budget process the 
     amounts realized from asset sales (other than loan assets).
       (c) Budgetary Treatment.--For purposes of points of order 
     under this concurrent resolution and the Congressional Budget 
     and Impoundment Control Act of 1974, the amounts realized 
     from sales of assets (other than loan assets) shall not be 
     scored with respect to the level of budget authority, 
     outlays, or revenues.
       (d) Definitions.--For purposes of this section--
       (1) the term ``sale of an asset'' shall have the same 
     meaning as under section 250(c)(21) of the Balanced Budget 
     and Emergency Deficit Control Act of 1985 (as amended by the 
     Budget Enforcement Act of 1990); and
       (2) the term shall not include asset sales mandated by law 
     before September 18, 1987, and routine, ongoing asset sales 
     at levels consistent with agency operations in fiscal year 
     1986.
       (e) Sunset.--Subsections (a) through (d) of this section 
     shall expire September 30, 1998.
       (f) Conforming Amendment.--Section 8 of House Concurrent 
     Resolution 64 (103d Congress), section 8 of House Concurrent 
     Resolution 287 (102d Congress), section 7 of House Concurrent 
     Resolution 121 (102d Congress), section 5 of House Concurrent 
     Resolution 310 (101st Congress), section 6 of House 
     Concurrent Resolution 106 (101st Congress), section 4 of 
     House Concurrent Resolution 268 (100th Congress), and 
     sections 7 and 8 of House Concurrent Resolution 93 (100th 
     Congress) are repealed.

     SEC. 22. SOCIAL SECURITY FIRE WALL POINT OF ORDER IN THE 
                   SENATE.

       (a) Finding.--The Senate finds that the concurrent 
     resolutions on the budget for fiscal years 1993 and 1994 have 
     prohibited subsequent concurrent resolutions on the budget 
     from decreasing the balances of the social security trust 
     fund.
       (b) Application of Section 301(i).--Notwithstanding any 
     other rule of the Senate, in the Senate, the point of order 
     established under section 301(i) of the Congressional Budget 
     Act of 1974 shall apply to any concurrent resolution on the 
     budget for any fiscal year (as reported and as amended), 
     amendments thereto, or any conference report thereon.
       (c) Conforming Amendment.--Section 10(b) of House 
     Concurrent Resolution 64 (103d Congress) and section 12(b) of 
     House Concurrent Resolution 287 (102d Congress) are repealed.

     SEC. 23. ENFORCING PAY-AS-YOU-GO.

       (a) Purpose.--The Senate declares that it is essential to--
       (1) ensure continued compliance with the deficit reduction 
     embodied in the Omnibus Budget Reconciliation Act of 1993; 
     and
       (2) continue the pay-as-you-go enforcement system.
       (b) Finding.--The Senate finds that section 12(c) of the 
     concurrent resolution on the budget for fiscal year 1994 
     created a point of order prohibiting legislation that would 
     increase the deficit through fiscal year 2003.
       (c) Enforcement.--
       (1) In general.--It shall not be in order in the Senate to 
     consider any direct spending or receipts legislation 
     (including any such bill, joint resolution, amendment, 
     motion, or conference report) that would--
       (A) increase the deficit for the first fiscal year covered 
     by the most recently adopted concurrent resolution on the 
     budget;
       (B) increase the deficit for the period of the 5 fiscal 
     years covered by the most recently adopted concurrent 
     resolution on the budget; or
       (C) increase the deficit to a significant degree for the 
     period of the 5 fiscal years following the first 5 years 
     covered by the most recently adopted concurrent resolution on 
     the budget;

     when taken individually (as a bill, joint resolution, 
     amendment, motion, or conference report, as the case may be), 
     and when taken together with all direct spending and receipts 
     legislation enacted after the date of enactment of the 
     Omnibus Budget Reconciliation Act of 1993.
       (2) Direct spending and receipts legislation.--For purposes 
     of this subsection, direct spending and receipts legislation 
     shall--
       (A) exclude full funding of, and continuation of, the 
     deposit insurance guarantee commitment in effect on the date 
     of enactment of the Budget Enforcement Act of 1990;
       (B) exclude emergency provisions so designated under 
     section 252(e) of the Balanced Budget and Emergency Deficit 
     Control Act of 1985;
       (C) include the estimated amount of savings in direct 
     spending programs applicable to that fiscal year resulting 
     from the prior year's sequestration under the Balanced Budget 
     and Emergency Deficit Control Act of 1985, if any (except for 
     any amounts sequestered as a result of a net deficit increase 
     in the fiscal year immediately preceding the prior fiscal 
     year); and
       (D) except as otherwise provided in this subsection, 
     include all direct spending legislation as that term is 
     defined in section 250(c)(8) of the Balanced Budget and 
     Emergency Deficit Control Act of 1985.
       (d) Waiver.--This section may be waived or suspended in the 
     Senate only by the affirmative vote of three-fifths of the 
     Members, duly chosen and sworn.
       (e) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this section shall be 
     limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the bill or 
     joint resolution, as the case may be. An affirmative vote of 
     three-fifths of the Members of the Senate, duly chosen and 
     sworn, shall be required in the Senate to sustain an appeal 
     of the ruling of the Chair on a point of order raised under 
     this section.
       (f) Determination of Budget Levels.--For purposes of this 
     section, the levels of new budget authority, outlays, and 
     receipts for a fiscal year shall be determined on the basis 
     of estimates made by the Committee on the Budget of the 
     Senate.
       (g) Conforming Amendment.--Section 12(c) of House 
     Concurrent Resolution 64 (103d Congress) is repealed.
       (h) Technical Correction.--Notwithstanding section 275(b) 
     of the Balanced Budget and Emergency Deficit Control Act of 
     1985 (as amended by sections 13112(b) and 13208(b)(3) of the 
     Budget Enforcement Act of 1990), the second sentence of 
     section 904(c) of the Congressional Budget Act of 1974 
     (except insofar as it relates to section 313 of that Act) and 
     the final sentence of section 904(d) of that Act (except 
     insofar as it relates to section 313 of that Act) shall 
     continue to have effect as a rule of the Senate through (but 
     no later than) September 30, 1998.
       (i) Sunset.--Subsections (a) through (f) of this section 
     shall expire September 30, 1998.

     SEC. 24. DEFICIT-NEUTRAL RESERVE FUND IN THE SENATE.

       (a) Initiatives To Improve the Well-Being of Families 
     Through Welfare or Other Reforms, To Provide for Services To 
     Support or Protect Children, or To Improve the Health, 
     Nutrition, or Care of Children.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees and the revenue 
     aggregates may be reduced for legislation to improve the 
     well-being of families through welfare or other reforms 
     (including promoting self-sufficiency through improvements in 
     job training or employment programs), to provide for services 
     to support or protect children (including assuring increased 
     parental support for children through improvements in the 
     child support enforcement program), or to improve the health, 
     nutrition, or care of children, within such a committee's 
     jurisdiction if such a committee or the committee of 
     conference on such legislation reports such legislation, if, 
     to the extent that the costs of such legislation are not 
     included in this concurrent resolution on the budget, the 
     enactment of such legislation will not increase (by virtue of 
     either contemporaneous or previously passed deficit 
     reduction) the deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (b) Initiatives To Provide Comprehensive Training or Job 
     Search Assistance or To Reform Unemployment Compensation.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees for legislation that 
     increases funding to provide comprehensive training or job 
     search assistance (including reemployment or job training 
     programs or dislocated worker programs), or to reform 
     unemployment compensation, or to provide for other related 
     programs, within such a committee's jurisdiction if such a 
     committee or the committee of conference on such legislation 
     reports such legislation, if, to the extent that the costs of 
     such legislation are not included in this concurrent 
     resolution on the budget, the enactment of such legislation 
     will not increase (by virtue of either contemporaneous or 
     previously passed deficit reduction) the deficit in this 
     resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (c) Continuing Improvements in Ongoing Health Care Programs 
     or Comprehensive Health Care Reform.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees for legislation that 
     increases funding to make continuing improvements in ongoing 
     health care programs, to provide for comprehensive health 
     care reform, to control health care costs, or to accomplish 
     other health care reforms within such a committee's 
     jurisdiction if such a committee or the committee of 
     conference on such legislation reports such legislation, if, 
     to the extent that the costs of such legislation are not 
     included in this concurrent resolution on the budget, the 
     enactment of such legislation will not increase (by virtue of 
     either contemporaneous or previously passed deficit 
     reduction) the deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (4) Adjustments for amendments.--(A) If the Chairman of the 
     Committee on the Budget makes an adjustment for legislation 
     pursuant to this subsection, upon the offering of an 
     amendment to such legislation, the Chairman shall file with 
     the Senate appropriately revised allocations under sections 
     302(a) and 602(a) of the Congressional Budget Act of 1974 and 
     revised functional levels and aggregates if the enactment of 
     such legislation (as proposed to be amended) will not 
     increase (by virtue of either contemporaneous or previously 
     passed deficit reduction) the deficit in this resolution 
     for--
       (i) fiscal year 1995; or
       (ii) the period of fiscal years 1995 through 1999.
       (B) These revised allocations, functional levels, and 
     aggregates shall be considered for the purposes of the 
     Congressional Budget Act of 1974 as allocations, functional 
     levels, and aggregates contained in this resolution on the 
     budget.
       (C) The appropriate committee may report appropriately 
     revised allocations pursuant to sections 302(b) and 602(b) of 
     the Congressional Budget Act of 1974 to carry out this 
     subsection.
       (5) Limiting the Growth in Mandatory Spending--
     Notwithstanding any other provision of this subsection, the 
     Chairman of the Committee on the Budget shall not file 
     revised allocations, functional levels, and aggregates unless 
     the legislation as reported or the conference report as 
     submitted will reduce (by virtue of either contemporaneous or 
     previously passed legislation) outlays by $19,600,000,000 for 
     the period of fiscal years 1995 through 1999.
       (d) Initiatives To Preserve and Rebuild the United States 
     Maritime Industry.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees for direct spending 
     legislation that increases funding to preserve and rebuild 
     the United States maritime industry within such a committee's 
     jurisdiction if such a committee or the committee of 
     conference on such legislation reports such legislation, if, 
     to the extent that the costs of such legislation are not 
     included in this concurrent resolution on the budget, the 
     enactment of such legislation will not increase (by virtue of 
     either contemporaneous or previously passed deficit 
     reduction) the deficit in this resolution for--
       (A) fiscal year 1995; and
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. Such 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (e) Initiatives To Reform the Financing of Federal 
     Elections.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees for direct spending 
     legislation that increases funding to reform the financing of 
     Federal elections within such a committee's jurisdiction if 
     such a committee or the committee of conference on such 
     legislation reports such legislation, if, to the extent that 
     the costs of such legislation are not included in this 
     concurrent resolution on the budget, the enactment of such 
     legislation will not increase (by virtue of either 
     contemporaneous or previously passed deficit reduction) the 
     deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (f) Trade-Related Legislation.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees and the revenue 
     aggregates may be reduced for trade-related legislation 
     (including legislation to implement the Uruguay Round of the 
     General Agreement on Tariffs and Trade or to extend the 
     Generalized System of Preferences) within such a committee's 
     jurisdiction if such a committee or the committee of 
     conference on such legislation reports such legislation, if, 
     to the extent that the costs of such legislation are not 
     included in this concurrent resolution on the budget, the 
     enactment of such legislation will not increase (by virtue of 
     either contemporaneous or previously passed deficit 
     reduction) the deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (g) Reforms Relating to the Pension Benefit Guaranty 
     Corporation.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees and the revenue 
     aggregates may be reduced for reforms relating to the Pension 
     Benefit Guaranty Corporation (including legislation to 
     improve the funding of government-insured pension plans, to 
     protect plan participants, or to limit growth in exposure of 
     the Pension Benefit Guaranty Corporation) or other employee 
     benefit-related legislation within such a committee's 
     jurisdiction if such a committee or the committee of 
     conference on such legislation reports such legislation, if, 
     to the extent that the costs of such legislation are not 
     included in this concurrent resolution on the budget, the 
     enactment of such legislation will not increase (by virtue of 
     either contemporaneous or previously passed deficit 
     reduction) the deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (h) Reforms Relating to Employment Taxes on Domestic 
     Services.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees and the revenue 
     aggregates may be reduced for reforms relating to providing 
     for simplified collection of employment taxes on domestic 
     services within such a committee's jurisdiction if such a 
     committee or the committee of conference on such legislation 
     reports such legislation, if, to the extent that the costs of 
     such legislation are not included in this concurrent 
     resolution on the budget, the enactment of such legislation 
     will not increase (by virtue of either contemporaneous or 
     previously passed deficit reduction) the deficit in this 
     resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (i) Initiatives To Reform the Comprehensive Environmental 
     Response, Compensation, and Liability Act of 1980.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees for direct spending 
     legislation that increases funding to reform the 
     Comprehensive Environmental Response, Compensation, and 
     Liability Act of 1980 within such a committee's jurisdiction 
     if such a committee or the committee of conference on such 
     legislation reports such legislation, if, to the extent that 
     the costs of such legislation are not included in this 
     concurrent resolution on the budget, the enactment of such 
     legislation will not increase (by virtue of either 
     contemporaneous or previously passed deficit reduction) the 
     deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (j) Reforms To Consolidate the Supervision of Depository 
     Institutions Insured Under the Federal Deposit Insurance 
     Act.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees and the revenue 
     aggregates may be reduced for reforms to consolidate the 
     supervision of depository institutions insured under the 
     Federal Deposit Insurance Act within such a committee's 
     jurisdiction if such a committee or the committee of 
     conference on such legislation reports such legislation, if, 
     to the extent that the costs of such legislation are not 
     included in this concurrent resolution on the budget, the 
     enactment of such legislation will not increase (by virtue of 
     either contemporaneous or previously passed deficit 
     reduction) the deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.
       (k) Initiatives To Preserve Energy Security.--
       (1) In general.--Budget authority and outlays may be 
     allocated to a committee or committees and the revenue 
     aggregates may be reduced for initiatives to preserve United 
     States energy security within such a committee's jurisdiction 
     if such a committee or the committee of conference on such 
     legislation reports such legislation, if, to the extent that 
     the costs of such legislation are not included in this 
     concurrent resolution on the budget, the enactment of such 
     legislation will not increase (by virtue of either 
     contemporaneous or previously passed deficit reduction) the 
     deficit in this resolution for--
       (A) fiscal year 1995; or
       (B) the period of fiscal years 1995 through 1999.
       (2) Revised allocations.--Upon the reporting of legislation 
     pursuant to paragraph (1), and again upon the submission of a 
     conference report on such legislation (if a conference report 
     is submitted), the Chairman of the Committee on the Budget of 
     the Senate may file with the Senate appropriately revised 
     allocations under sections 302(a) and 602(a) of the 
     Congressional Budget Act of 1974 and revised functional 
     levels and aggregates to carry out this subsection. These 
     revised allocations, functional levels, and aggregates shall 
     be considered for the purposes of the Congressional Budget 
     Act of 1974 as allocations, functional levels, and aggregates 
     contained in this concurrent resolution on the budget.
       (3) Reporting revised allocations.--The appropriate 
     committee may report appropriately revised allocations 
     pursuant to sections 302(b) and 602(b) of the Congressional 
     Budget Act of 1974 to carry out this subsection.

     SEC. 25. ENFORCEMENT PROCEDURES.

       (a) Discretionary Spending Limits.--
       (1) Definition.--As used in this section, for the 
     discretionary category, for the purposes of congressional 
     enforcement of this resolution, reduce the discretionary 
     spending limit in section 601 of the Congressional Budget Act 
     of 1974 by the following amounts--
       (A) with respect to fiscal year 1996, $4,200,000,000 in 
     non-defense budget authority and $5,400,000,000 in non-
     defense outlays;
       (B) with respect to fiscal year 1997, $4,800,000,000 in 
     non-defense budget authority and $5,600,000,000 in non-
     defense outlays; and
       (C) with respect to fiscal year 1998, $8,700,000,000 in 
     non-defense budget authority and $5,300,000,000 in non-
     defense outlays.
       (2) Point of order in the senate.--(A) Except as provided 
     in subparagraph (B), it shall not be in order in the Senate 
     to consider any concurrent resolution on the budget for 
     fiscal years 1996, 1997, or 1998 (or amendment, motion, or 
     conference report on such a resolution) that would exceed any 
     of the discretionary spending limits in this section.
       (B) This subsection shall not apply if a declaration of war 
     by the Congress is in effect or if a joint resolution 
     pursuant to section 258 of the Balanced Budget and Emergency 
     Deficit Control Act of 1985 has been enacted.
       (b) Waiver.--This section may be waived or suspended in the 
     Senate only by the affirmative vote of three-fifths of the 
     Members, duly chosen and sworn.
       (c) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this section shall be 
     limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the 
     concurrent resolution, bill, or joint resolution, as the case 
     may be. An affirmative vote of three-fifths of the Members of 
     the Senate, duly chosen and sworn, shall be required in the 
     Senate to sustain an appeal of the ruling of the Chair on a 
     point of order raised under this section.
       (d) Determination of Budget Levels.--For purposes of this 
     section, the levels of new budget authority, outlays, new 
     entitlement authority, and revenues for a fiscal year shall 
     be determined on the basis of estimates made by the Committee 
     on the Budget of the Senate or the Committee on the Budget of 
     the House of Representatives, as the case may be.

     SEC. 26. EXERCISE OF RULE-MAKING POWERS.

       The Congress adopts the provisions of this title--
       (1) as an exercise of the rule-making power of the Senate 
     and the House of Representatives, 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
       (2) 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.
       Provided further, That all increases or decreases in 
     discretionary accounts assumed on pages 3 through 69 of this 
     amendment shall be considered nugatory and all overall totals 
     be adjusted accordingly.
                                 ______


                 DORGAN (AND OTHERS) AMENDMENT NO. 1564

  Mr. DORGAN (for himself, Mr. Feingold, Mr. Daschle, and Mr. Levin) 
proposed an amendment to the concurrent resolution S. Con. Res. 63, 
supra; as follows:

       At the end of the resolution, insert the following new 
     section:

     SEC.   . CLOSING OF LOOPHOLES IN FOREIGN TAX PROVISIONS.

       (a) Findings.--The Senate finds that--
       (1) foreign-controlled corporations doing business in the 
     United States do not pay their fair share of taxes;
       (2) up to 72 percent of foreign-controlled corporations 
     doing business in the United States pay no Federal income 
     tax;
       (3) the Internal Revenue Service has limited its own 
     ability to enforce Federal tax laws against foreign-
     controlled corporations, to the detriment of domestic 
     taxpayers;
       (4) the Internal Revenue Service has been using antiquated 
     accounting concepts to deal with sophisticated multinational 
     corporations;
       (5) billions of dollars of Federal revenues are lost 
     annually due to the inability of the Internal Revenue Service 
     to enforce the ``arm's length'' transaction rule--not even 
     counting the costs of bureaucracy and litigation; and
       (6) the Federal income tax laws encourage domestic 
     taxpayers to relocate abroad by granting them deferral of 
     United States taxes on income earned abroad.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that deficit reduction should be achieved, in part, by ending 
     loopholes and enforcement breakdowns that now enable foreign-
     controlled corporations operating in the United States to pay 
     no taxes and that subsidize the flight of domestic businesses 
     and jobs out of the United States, including--
       (1) a more streamlined and efficient method of enforcing 
     Federal tax laws involving multinational corporations, 
     especially those based abroad, in particular, the use of a 
     formula approach by the Treasury Department where the ``arm's 
     length'' transaction rule does not work; and
       (2) a repeal of tax subsidies for domestic businesses that 
     move jobs to tax havens abroad and then ship their products 
     back into the United States.
                                 ______


                       SPECTER AMENDMENT NO. 1565

  Mr. SPECTER proposed an amendment to the concurrent resolution, 
Senate Concurrent Resolution 63, supra; as follows:

       On page 41, decrease the amount on line 11 by $435,000,000.
       On page 41, decrease the amount on line 12 by $326,000,000.
       On page 41, decrease the amount on line 18 by $452,000,000.
       On page 41, decrease the amount on line 19 by $339,000,000.
       On page 41, decrease the amount on line 25 by $465,000,000.
       On page 42, decrease the amount on line 1 by $349,000,000.
       On page 42, decrease the amount on line 7 by $475,000,000.
       On page 42, decrease the amount on line 8 by $357,000,000.
       On page 42, decrease the amount on line 14 by $488,000,000.
       On page 42, decrease the amount on line 15 by $366,000,000.
       On page 26, increase the amount on line 8 by $100,000,000.
       On page 26, increase the amount on line 9 by $50,000,000.
       On page 26, increase the amount on line 15 by $103,000,000.
       On page 26, increase the amount on line 16 by $52,000,000.
       On page 26, increase the amount on line 22 by $106,000,000.
       On page 26, increase the amount on line 23 by $53,000,000.
       On page 27, increase the amount on line 5 by $109,000,000.
       On page 27, increase the amount on line 6 by $53,000,000.
       On page 27, increase the amount on line 12 by $112,000,000.
       On page 27, increase the amount on line 13 by $56,000,000.
       On page 30, increase the amount on line 20 by $225,000,000.
       On page 30, increase the amount on line 21 by $214,000,000.
       On page 31, increase the amount on line 2 by $232,000,000.
       On page 31, increase the amount on line 3 by $221,000,000.
       On page 31, increase the amount on line 9 by $239,000,000.
       On page 31, increase the amount on line 10 by $228,000,000.
       On page 31, increase the amount on line 16 by $246,000,000.
       On page 31, increase the amount on line 17 by $234,000,000.
       On page 31, increase the amount on line 23 by $253,000,000.
       On page 31, increase the amount on line 24 by $240,000,000.
       On page 35, increase the amount on line 8 by $100,000,000.
       On page 35, increase the amount on line 9 by $62,000,000.
       On page 35, increase the amount on line 15 by $103,000,000.
       On page 35 increase the amount on line 16 by $65,000,000.
       On page 35, increase the amount on line 22 by $106,000,000.
       On page 35, increase the amount on line 23 by $66,000,000.
       On page 36, increase the amount on line 5 by $109,000,000.
       On page 36, increase the amount on line 6 by $68,000,000.
       On page 36, increase the amount on line 12 by $112,000,000.
       On page 36, increase the amount on line 13 by $70,000,000.
                                 ______


                        DOLE AMENDMENT NO. 1566

  Mr. DOLE proposed an amendment to amendment No. 1565 proposed by Mr. 
Specter to the concurrent resolution, Senate Concurrent Resolution 63, 
supra; as follows:

       As the appropriate place, add the following: ``The Budget 
     of the U.S. Government for Fiscal Year 1995''.

                          ____________________