[Congressional Record Volume 142, Number 83 (Friday, June 7, 1996)]
[House]
[Pages H6007-H6039]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   CONFERENCE REPORT ON HOUSE CONCURRENT RESOLUTION 178, CONCURRENT 
               RESOLUTION ON THE BUDGET, FISCAL YEAR 1997

  Mr. HERGER submitted the following conference report and statement on 
the concurrent resolution (H. Con. Res. 178) establishing the 
congressional budget for the United States Government for fiscal year 
1997 and setting forth appropriate budgetary levels for fiscal years 
1998, 1999, 2000, 2001, and 2002:

                  Conference Report (H. Con. Res. 178)

       The committee of conference on the disagreeing votes of the 
     two Houses on the amendment of the Senate to the concurrent 
     resolution (H. Con. Res. 178) establishing the congressional 
     budget for the United States Government for fiscal year 1997 
     and setting forth appropriate budgetary levels for fiscal 
     years 1998, 1999, 2000, 2001, and 2002, having met, after 
     full and free conference, have agreed to recommend and do 
     recommend to their respective Houses as follows:
       That the House recede from its disagreement to the 
     amendment of the Senate and agree to the same with an 
     amendment as follows:
       In lieu of the matter proposed to be inserted by the Senate 
     amendment, insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1997.

       The Congress determines and declares that the concurrent 
     resolution on the budget for fiscal year 1997 is hereby 
     established and that the appropriate budgetary levels for 
     fiscal years 1998 through 2002 are hereby set forth.

     SEC. 2. TABLE OF CONTENTS.

       The table of contents for this concurrent resolution is as 
     follows:

Sec. 1. Concurrent resolution on the budget for fiscal year 1997.
Sec. 2. Table of contents.

                      TITLE I--LEVELS AND AMOUNTS

Sec. 101. Recommended levels and amounts.
Sec. 102. Debt increase.
Sec. 103. Social security.
Sec. 104. Major functional categories.

                  TITLE II--RECONCILIATION DIRECTIONS

Sec. 201. Reconciliation in the House of Representatives.
Sec. 202. Reconciliation in the Senate.

                     TITLE III--BUDGET ENFORCEMENT

Sec. 301. Discretionary spending limits.
Sec. 302. Budgetary treatment of the sale of Government assets.
Sec. 303. Budgetary treatment of direct student loans.
Sec. 304. Superfund reserve fund.
Sec. 305. Tax reserve fund in the Senate.
Sec. 306. Exercise of rulemaking powers.
Sec. 307. Government shutdown prevention allowance.

       TITLE IV--SENSE OF CONGRESS, HOUSE, AND SENATE PROVISIONS

Sec. 401. Sense of Congress on baselines.
Sec. 402. Sense of Congress on loan sales.
Sec. 403. Sense of Congress on changes in medicaid.
Sec. 404. Sense of Congress on impact of legislation on children.
Sec. 405. Sense of Congress on debt repayment.
Sec. 406. Sense of Congress on commitment to a balanced budget by 
              fiscal year 2002.
       Sec. 407. Sense of Congress that tax reductions should 
           benefit working families.
       Sec. 408. Sense of Congress on a bipartisan commission on 
           the solvency of medicare.
       Sec. 409. Sense of Congress on medicare transfers.
       Sec. 410. Sense of Congress regarding changes in the 
           medicare program.
       Sec. 411. Sense of Congress regarding revenue assumptions.
       Sec. 412. Sense of Congress regarding domestic violence.
       Sec. 413. Sense of Congress regarding student loans.
       Sec. 414. Sense of Congress regarding additional charges 
           under the medicare program.
    

[[Page H6008]]

       Sec. 415. Sense of Congress regarding requirements that 
           welfare recipients be drug-free.
       Sec. 416. Sense of Congress on an accurate index for 
           inflation.
       Sec. 417. Sense of Congress that the 1993 income tax 
           increase on social security benefits should be 
           repealed.
       Sec. 418. Sense of Congress regarding the Administration's 
           practice regarding the prosecution of drug smugglers.
       Sec. 419. Sense of Congress on corporate subsidies.
       Sec. 420. Sense of Congress regarding welfare reform.
       Sec. 421. Sense of Congress on FCC spectrum auctions.
       Sec. 422. Sense of the House on emergencies.
       Sec. 423. Sense of the Senate on funding to assist youth at 
           risk.
       Sec. 424. Sense of the Senate on long-term trends in budget 
           estimates.
       Sec. 425. Sense of the Senate on repeal of the gas tax.
       Sec. 426. Sense of the Senate regarding the use of 
           budgetary savings.
       Sec. 427. Sense of the Senate regarding the transfer of 
           excess Government computers to public schools.
       Sec. 428. Sense of the Senate on Federal retreats.
       Sec. 429. Sense of the Senate regarding the essential air 
           service program of the Department of Transportation.
       Sec. 430. Sense of the Senate regarding equal retirement 
           savings for homemakers.
       Sec. 431. Sense of the Senate on the National Institutes of 
           Health funding for anti-addiction drugs.
       Sec. 432. Sense of the Senate regarding the extension of 
           the employer education assistance exclusion under 
           section 127 of the Internal Revenue Code of 1986.
       Sec. 433. Sense of the Senate regarding the Economic 
           Development Administration placing high priority on 
           maintaining field-based economic development 
           representatives.
       Sec. 434. Sense of the Senate on LIHEAP.
       Sec. 435. Sense of the Senate on Davis-Bacon.
       Sec. 436. Sense of the Senate on reimbursement of the 
           United States for operations Southern Watch and Provide 
           Comfort.
       Sec. 437. Sense of the Senate on solvency of the Medicare 
           Trust Fund.
       Sec. 438. Sense of the Senate on the Presidential Election 
           Campaign Fund.
       Sec. 439. Sense of the Senate regarding the funding of 
           Amtrak.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 1997, 1998, 1999, 2000, 2001, and 2002:
       (1) Federal revenues.--For purposes of the enforcement of 
     this resolution:
       (A) The recommended levels of Federal revenues are as 
     follows:
       Fiscal year 1997: $1,083,728,000,000.
       Fiscal year 1998: $1,130,269,000,000.
       Fiscal year 1999: $1,177,467,000,000.
       Fiscal year 2000: $1,231,178,000,000.
       Fiscal year 2001: $1,290,661,000,000.
       Fiscal year 2002: $1,359,046,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1997: -$16,627,000,000.
       Fiscal year 1998: -$18,280,000,000.
       Fiscal year 1999: -$20,890,000,000.
       Fiscal year 2000: -$20,620,000,000.
       Fiscal year 2001: -$20,436,000,000.
       Fiscal year 2002: -$14,849,000,000.
       (C) The amounts for Federal Insurance Contributions Act 
     revenues for hospital insurance within the recommended levels 
     of Federal revenues are as follows:
       Fiscal year 1997: $108,053,000,000.
       Fiscal year 1998: $113,226,000,000.
       Fiscal year 1999: $119,361,000,000.
       Fiscal year 2000: $125,737,000,000.
       Fiscal year 2001: $131,641,000,000.
       Fiscal year 2002: $138,131,000,000.
       (2) New budget authority.--For purposes of the enforcement 
     of this resolution, the appropriate levels of total new 
     budget authority are as follows:
       Fiscal year 1997: $1,314,760,000,000.
       Fiscal year 1998: $1,362,075,000,000.
       Fiscal year 1999: $1,392,403,000,000.
       Fiscal year 2000: $1,433,371,000,000.
       Fiscal year 2001: $1,453,873,000,000.
       Fiscal year 2002: $1,496,063,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1997: $1,311,011,000,000.
       Fiscal year 1998: $1,354,668,000,000.
       Fiscal year 1999: $1,383,872,000,000.
       Fiscal year 2000: $1,416,493,000,000.
       Fiscal year 2001: $1,432,423,000,000.
       Fiscal year 2002: $1,462,900,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1997: $227,283,000,000.
       Fiscal year 1998: $224,399,000,000.
       Fiscal year 1999: $206,405,000,000.
       Fiscal year 2000: $185,315,000,000.
       Fiscal year 2001: $141,762,000,000.
       Fiscal year 2002: $103,854,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1997: $5,435,700,000,000.
       Fiscal year 1998: $5,702,200,000,000.
       Fiscal year 1999: $5,945,300,000,000.
       Fiscal year 2000: $6,165,000,000,000.
       Fiscal year 2001: $6,338,400,000,000.
       Fiscal year 2002: $6,468,400,000,000.
       (6) Direct loan obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1997: $41,353,000,000.
       Fiscal year 1998: $36,358,000,000.
       Fiscal year 1999: $36,455,000,000.
       Fiscal year 2000: $36,535,000,000.
       Fiscal year 2001: $36,600,000,000.
       Fiscal year 2002: $36,624,000,000.
       (7) Primary loan guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1997: $267,284,000,000.
       Fiscal year 1998: $269,467,000,000.
       Fiscal year 1999: $268,601,000,000.
       Fiscal year 2000: $268,489,000,000.
       Fiscal year 2001: $270,244,000,000.
       Fiscal year 2002: $270,948,000,000.

     SEC. 102. DEBT INCREASE.

       The amounts of the increase in the public debt subject to 
     limitation are as follows:
       Fiscal year 1997: $279,500,000,000.
       Fiscal year 1998: $266,500,000,000.
       Fiscal year 1999: $243,100,000,000.
       Fiscal year 2000: $219,700,000,000.
       Fiscal year 2001: $173,400,000,000.
       Fiscal year 2002: $130,000,000,000.

     SEC. 103. SOCIAL SECURITY.

       (a) Social Security Revenues.--For purposes of Senate 
     enforcement under sections 302, 602, 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 1997: $385,010,000,000.
       Fiscal year 1998: $402,282,000,000.
       Fiscal year 1999: $423,420,000,000.
       Fiscal year 2000: $445,102,000,000.
       Fiscal year 2001: $465,155,000,000.
       Fiscal year 2002: $487,344,000,000.
       (b) Social Security Outlays.--For purposes of Senate 
     enforcement under sections 302, 602, 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 1997: $357,596,000,000.
       Fiscal year 1998: $374,931,000,000.
       Fiscal year 1999: $393,137,000,000.
       Fiscal year 2000: $412,438,000,000.
       Fiscal year 2001: $433,311,000,000.
       Fiscal year 2002: $455,165,000,000.

     SEC. 104. 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 1997 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1997:
       (A) New budget authority, $265,583,000,000.
       (B) Outlays, $264,146,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $800,000,000.
       Fiscal year 1998:
       (A) New budget authority, $268,198,000,000.
       (B) Outlays, $263,018,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $200,000,000.
       Fiscal year 1999:
       (A) New budget authority, $270,797,000,000.
       (B) Outlays, $266,289,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $192,000,000.
       Fiscal year 2000:
       (A) New budget authority, $273,337,000,000.
       (B) Outlays, $269,961,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $187,000,000.
       Fiscal year 2001:
       (A) New budget authority, $275,961,000,000.
       (B) Outlays, $269,025,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $185,000,000.
       Fiscal year 2002:
       (A) New budget authority, $278,821,000,000.
       (B) Outlays, $268,962,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $183,000,000.
       (2) International Affairs (150):
       Fiscal year 1997:
       (A) New budget authority, $14,308,000,000.
       (B) Outlays, $15,201,000,000.
       (C) New direct loan obligations, $4,333,000,000.
       (D) New primary loan guarantee commitments, 
     $18,110,000,000.
       Fiscal year 1998:
       (A) New budget authority, $12,120,000,000.
       (B) Outlays, $13,519,000,000.
       (C) New direct loan obligations, $4,342,000,000.
       (D) New primary loan guarantee commitments, 
     $18,262,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,095,000,000.
       (B) Outlays, $12,520,000,000.
       (C) New direct loan obligations, $4,358,000,000.
       (D) New primary loan guarantee commitments, 
     $18,311,000,000.
       Fiscal year 2000:
       (A) New budget authority, $11,556,000,000.
       (B) Outlays, $11,235,000,000.
       (C) New direct loan obligations, $4,346,000,000.
       (D) New primary loan guarantee commitments, 
     $18,311,000,000.
       Fiscal year 2001:
       (A) New budget authority, $11,664,000,000.
       (B) Outlays, $11,022,000,000.
       (C) New direct loan obligations, $4,395,000,000.
       (D) New primary loan guarantee commitments, 
     $18,409,000,000.
       Fiscal year 2002:

[[Page H6009]]

       (A) New budget authority, $11,864,000,000.
       (B) Outlays, $10,896,000,000.
       (C) New direct loan obligations, $4,387,000,000.
       (D) New primary loan guarantee commitments, 
     $18,409,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1997:
       (A) New budget authority, $16,788,000,000.
       (B) Outlays, $16,865,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $16,249,000,000.
       (B) Outlays, $16,421,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $16,012,000,000.
       (B) Outlays, $16,053,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $15,775,000,000.
       (B) Outlays, $15,805,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $15,700,000,000.
       (B) Outlays, $15,717,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $15,573,000,000.
       (B) Outlays, $15,611,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1997:
       (A) New budget authority, $3,728,000,000.
       (B) Outlays, $3,080,000,000.
       (C) New direct loan obligations, $1,033,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $2,830,000,000.
       (B) Outlays, $2,328,000,000.
       (C) New direct loan obligations, $1,039,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $2,512,000,000.
       (B) Outlays, $1,758,000,000.
       (C) New direct loan obligations, $1,045,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $2,272,000,000.
       (B) Outlays, $1,351,000,000.
       (C) New direct loan obligations, $1,036,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $2,385,000,000.
       (B) Outlays, $1,329,000,000.
       (C) New direct loan obligations, $1,000,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $2,069,000,000.
       (B) Outlays, $874,000,000.
       (C) New direct loan obligations, $1,031,000,000.
       (D) New primary loan guarantee commitments, $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1997:
       (A) New budget authority, $20,879,000,000.
       (B) Outlays, $21,707,000,000.
       (C) New direct loan obligations, $37,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $18,862,000,000.
       (B) Outlays, $19,698,000,000.
       (C) New direct loan obligations, $41,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $19,787,000,000.
       (B) Outlays, $20,515,000,000.
       (C) New direct loan obligations, $38,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $18,604,000,000.
       (B) Outlays, $19,125,000,000.
       (C) New direct loan obligations, $38,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $19,170,000,000.
       (B) Outlays, $19,418,000,000.
       (C) New direct loan obligations, $38,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $19,098,000,000.
       (B) Outlays, $19,169,000,000.
       (C) New direct loan obligations, $38,000,000.
       (D) New primary loan guarantee commitments, $0.
       (6) Agriculture (350):
       Fiscal year 1997:
       (A) New budget authority, $12,811,000,000.
       (B) Outlays, $10,985,000,000.
       (C) New direct loan obligations, $7,794,000,000.
       (D) New primary loan guarantee commitments, $5,870,000,000.
       Fiscal year 1998:
       (A) New budget authority, $12,122,000,000.
       (B) Outlays, $10,220,000,000.
       (C) New direct loan obligations, $9,346,000,000.
       (D) New primary loan guarantee commitments, $6,637,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,799,000,000.
       (B) Outlays, $9,898,000,000.
       (C) New direct loan obligations, $10,743,000,000.
       (D) New primary loan guarantee commitments, $6,586,000,000.
       Fiscal year 2000:
       (A) New budget authority, $11,146,000,000.
       (B) Outlays, $9,268,000,000.
       (C) New direct loan obligations, $10,736,000,000.
       (D) New primary loan guarantee commitments, $6,652,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,015,000,000.
       (B) Outlays, $8,229,000,000.
       (C) New direct loan obligations, $10,595,000,000.
       (D) New primary loan guarantee commitments, $6,641,000,000.
       Fiscal year 2002:
       (A) New budget authority, $9,627,000,000.
       (B) Outlays, $7,822,000,000.
       (C) New direct loan obligations, $10,570,000,000.
       (D) New primary loan guarantee commitments, $6,709,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1997:
       (A) New budget authority, $8,186,000,000.
       (B) Outlays, -$2,307,000,000.
       (C) New direct loan obligations, $1,856,000,000.
       (D) New primary loan guarantee commitments, 
     $197,340,000,000.
       Fiscal year 1998:
       (A) New budget authority, $9,561,000,000.
       (B) Outlays, $5,746,000,000.
       (C) New direct loan obligations, $1,787,000,000.
       (D) New primary loan guarantee commitments, 
     $196,570,000,000.
       Fiscal year 1999:
       (A) New budget authority, $10,575,000,000.
       (B) Outlays, $6,109,000,000.
       (C) New direct loan obligations, $1,763,000,000.
       (D) New primary loan guarantee commitments, 
     $196,253,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,543,000,000.
       (B) Outlays, $7,414,000,000.
       (C) New direct loan obligations, $1,759,000,000
       (D) New primary loan guarantee commitments, 
     $195,883,000,000.
       Fiscal year 2001:
       (A) New budget authority, $11,363,000,000.
       (B) Outlays, $7,377,000,000.
       (C) New direct loan obligations, $1,745,000,000.
       (D) New primary loan guarantee commitments, 
     $195,375,000,000.
       Fiscal year 2002:
       (A) New budget authority, $11,695,000,000.
       (B) Outlays, $7,312,000,000.
       (C) New direct loan obligations, $1,740,000,000.
       (D) New primary loan guarantee commitments, 
     $194,875,000,000.
       (8) Transportation (400):
       Fiscal year 1997:
       (A) New budget authority, $42,635,000,000.
       (B) Outlays, $39,311,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $43,427,000,000.
       (B) Outlays, $37,306,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $43,904,000,000.
       (B) Outlays, $35,886,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $43,798,000,000.
       (B) Outlays, $34,678,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $44,104,000,000.
       (B) Outlays, $34,121,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $44,518,000,000.
       (B) Outlays, $33,624,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.

[[Page H6010]]

       (9) Community and Regional Development (450):
       Fiscal year 1997:
       (A) New budget authority, $8,218,000,000.
       (B) Outlays, $10,321,000,000.
       (C) New direct loan obligations, $1,231,000,000.
       (D) New primary loan guarantee commitments, $2,133,000,000.
       Fiscal year 1998:
       (A) New budget authority, $6,651,000,000.
       (B) Outlays, $8,982,000,000.
       (C) New direct loan obligations, $1,257,000,000.
       (D) New primary loan guarantee commitments, $2,133,000,000.
       Fiscal year 1999:
       (A) New budget authority, $6,611,000,000.
       (B) Outlays, $8,111,000,000.
       (C) New direct loan obligations, $1,287,000,000.
       (D) New primary loan guarantee commitments, $1,171,000,000.
       Fiscal year 2000:
       (A) New budget authority, $6,656,000,000.
       (B) Outlays, $7,267,000,000.
       (C) New direct loan obligations, $1,365,000,000.
       (D) New primary loan guarantee commitments, $1,171,000,000.
       Fiscal year 2001:
       (A) New budget authority, $6,466,000,000.
       (B) Outlays, $6,819,000,000.
       (C) New direct loan obligations, $1,404,000,000.
       (D) New primary loan guarantee commitments, $2,202,000,000.
       Fiscal year 2002:
       (A) New budget authority, $6,367,000,000.
       (B) Outlays, $6,334,000,000.
       (C) New direct loan obligations, $1,430,000,000.
       (D) New primary loan guarantee commitments, $2,202,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1997:
       (A) New budget authority, $48,983,000,000.
       (B) Outlays, $49,964,000,000.
       (C) New direct loan obligations, $16,219,000,000.
       (D) New primary loan guarantee commitments, 
     $17,469,000,000.
       Fiscal year 1998:
       (A) New budget authority, $47,428,000,000.
       (B) Outlays, $47,758,000,000.
       (C) New direct loan obligations, $16,219,000,000.
       (D) New primary loan guarantee commitments, 
     $19,760,000,000.
       Fiscal year 1999:
       (A) New budget authority, $48,197,000,000.
       (B) Outlays, $47,761,000,000.
       (C) New direct loan obligations, $16,219,000,000.
       (D) New primary loan guarantee commitments, 
     $20,854,000,000.
       Fiscal year 2000:
       (A) New budget authority, $48,931,000,000.
       (B) Outlays, $48,319,000,000.
       (C) New direct loan obligations, $16,219,000,000.
       (D) New primary loan guarantee commitments, 
     $21,589,000,000.
       Fiscal year 2001:
       (A) New budget authority, $49,686,000,000.
       (B) Outlays, $48,953,000,000.
       (C) New direct loan obligations, $16,219,000,000.
       (D) New primary loan guarantee commitments, 
     $23,319,000,000.
       Fiscal year 2002:
       (A) New budget authority, $50,409,000,000.
       (B) Outlays, $49,629,000,000.
       (C) New direct loan obligations, $16,219,000,000.
       (D) New primary loan guarantee commitments, 
     $25,085,000,000.
       (11) Health (550):
       Fiscal year 1997:
       (A) New budget authority, $133,228,000,000.
       (B) Outlays, $133,172,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $187,000,000.
       Fiscal year 1998:
       (A) New budget authority, $140,343,000,000.
       (B) Outlays, $140,728,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $94,000,000.
       Fiscal year 1999:
       (A) New budget authority, $146,103,000,000.
       (B) Outlays, $146,246,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $152,405,000,000.
       (B) Outlays, $152,317,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $158,848,000,000.
       (B) Outlays, $158,509,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $164,380,000,000.
       (B) Outlays, $163,912,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (12) Medicare (570):
       Fiscal year 1997:
       (A) New budget authority, $192,835,000,000.
       (B) Outlays, $191,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $207,412,000,000.
       (B) Outlays, $205,687,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $218,091,000,000.
       (B) Outlays, $215,819,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $230,596,000,000.
       (B) Outlays, $228,847,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $243,192,000,000.
       (B) Outlays, $241,458,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $253,649,000,000.
       (B) Outlays, $251,248,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (13) Income Security (600):
       Fiscal year 1997:
       (A) New budget authority, $230,233,000,000.
       (B) Outlays, $239,737,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $241,767,000,000.
       (B) Outlays, $244,694,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $246,842,000,000.
       (B) Outlays, $253,422,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $265,119,000,000.
       (B) Outlays, $265,209,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $264,868,000,000.
       (B) Outlays, $268,404,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $283,450,000,000.
       (B) Outlays, $280,388,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (14) Social Security (650):
       Fiscal year 1997:
       (A) New budget authority, $7,813,000,000.
       (B) Outlays, $11,001,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $8,476,000,000.
       (B) Outlays, $11,213,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $9,219,000,000.
       (B) Outlays, $11,922,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $9,979,000,000.
       (B) Outlays, $12,662,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $10,775,000,000.
       (B) Outlays, $13,458,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $11,607,000,000.
       (B) Outlays, $14,290,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1997:
       (A) New budget authority, $38,463,000,000.
       (B) Outlays, $39,561,000,000.
       (C) New direct loan obligations, $935,000,000.
       (D) New primary loan guarantee commitments, 
     $26,362,000,000.
       Fiscal year 1998:
       (A) New budget authority, $38,552,000,000.
       (B) Outlays, $39,313,000,000.
       (C) New direct loan obligations, $962,000,000.
       (D) New primary loan guarantee commitments, 
     $25,925,000,000.
       Fiscal year 1999:
       (A) New budget authority, $38,179,000,000.
       (B) Outlays, $38,644,000,000.
       (C) New direct loan obligations, $987,000,000.
       (D) New primary loan guarantee commitments, 
     $25,426,000,000.
       Fiscal year 2000:
       (A) New budget authority, $38,186,000,000.
       (B) Outlays, $39,886,000,000.
       (C) New direct loan obligations, $1,021,000,000.
       (D) New primary loan guarantee commitments, 
     $24,883,000,000.
       Fiscal year 2001:
       (A) New budget authority, $38,382,000,000.
       (B) Outlays, $37,265,000,000.
       (C) New direct loan obligations, $1,189,000,000.
       (D) New primary loan guarantee commitments, 
     $24,298,000,000.
       Fiscal year 2002:
       (A) New budget authority, $39,318,000,000.
       (B) Outlays, $39,602,000,000.
       (C) New direct loan obligations, $1,194,000,000.

[[Page H6011]]

       (D) New primary loan guarantee commitments, 
     $23,668,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1997:
       (A) New budget authority, $20,924,000,000.
       (B) Outlays, $19,540,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $22,320,000,000.
       (B) Outlays, $21,397,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $23,264,000,000.
       (B) Outlays, $22,331,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $23,278,000,000.
       (B) Outlays, $22,966,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $20,330,000,000.
       (B) Outlays, $20,281,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $20,315,000,000.
       (B) Outlays, $20,267,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (17) General Government (800):
       Fiscal year 1997:
       (A) New budget authority, $12,353,000,000.
       (B) Outlays, $12,186,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $14,097,000,000.
       (B) Outlays, $14,275,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $13,288,000,000.
       (B) Outlays, $13,461,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $13,609,000,000.
       (B) Outlays, $13,675,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $13,262,000,000.
       (B) Outlays, $13,185,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $13,209,000,000.
       (B) Outlays, $12,831,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (18) Net Interest (900):
       Fiscal year 1997:
       (A) New budget authority, $282,591,000,000.
       (B) Outlays, $282,591,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, $289,121,000,000.
       (B) Outlays, $289,121,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $292,939,000,000.
       (B) Outlays, $292,939,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $294,426,000,000.
       (B) Outlays, $294,426,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $298,531,000,000.
       (B) Outlays, $298,531,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $302,932,000,000.
       (B) Outlays, $302,932,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (19) Allowances (920):
       Fiscal year 1997:
       (A) New budget authority, -$465,000,000.
       (B) Outlays, -$1,867,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$1,921,000,000.
       (B) Outlays, -$1,217,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$2,084,000,000.
       (B) Outlays, -$1,085,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$2,340,000,000.
       (B) Outlays, -$1,413,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$2,552,000,000.
       (B) Outlays, -$2,401,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$2,898,000,000.
       (B) Outlays, -$2,863,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1997:
       (A) New budget authority, -$45,334,000,000.
       (B) Outlays, -$45,334,000,000.
       (C) New direct loan obligations, $7,900,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1998:
       (A) New budget authority, -$35,539,000,000.
       (B) Outlays, -$35,539,000,000.
       (C) New direct loan obligations, $1,350,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$34,727,000,000.
       (B) Outlays, -$34,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,505,000,000.
       (B) Outlays, -$36,505,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$38,277,000,000.
       (B) Outlays, -$38,277,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$39,940,000,000.
       (B) Outlays, -$39,940,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
                  TITLE II--RECONCILIATION DIRECTIONS

     SEC. 201. RECONCILIATION IN THE HOUSE OF REPRESENTATIVES.

       (a) Submissions.--
       (1) Welfare and medicaid reform and tax relief.--Not later 
     than June 13, 1996, the House committees named in subsection 
     (b) shall submit their recommendations to provide direct 
     spending and revenues to the Committee on the Budget of the 
     House of Representatives. After receiving those 
     recommendations, the Committee on the Budget shall report to 
     the House a reconciliation bill carrying out all such 
     recommendations without any substantive revision.
       (2) Medicare preservation.--Not later than July 18, 1996, 
     the House committees named in subsection (c) shall submit 
     their recommendations to provide direct spending to the 
     Committee on the Budget of the House of Representatives. 
     After receiving those recommendations, the Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (3) Tax and miscellaneous direct spending reforms.--Not 
     later than September 6, 1996, the House committees named in 
     subsection (d) shall submit their recommendations to provide 
     direct spending, deficit reduction, and revenues to the 
     Committee on the Budget of the House of Representatives. 
     After receiving those recommendations, the Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (b) Instructions for Welfare and Medicaid Reform and Tax 
     Relief.--
       (1) Committee on agriculture.--The House Committee on 
     Agriculture shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $35,609,000,000 in outlays for fiscal year 1997, 
     $36,625,000,000 in outlays for fiscal year 2002, and 
     $216,316,000,000 in outlays in fiscal years 1997 through 
     2002.
       (2) Committee on commerce.--The House Committee on Commerce 
     shall report changes in laws within its jurisdiction that 
     provide direct spending such that the total level of direct 
     spending for that committee does not exceed: $326,354,000,000 
     in outlays for fiscal year 1997, $473,718,000,000 in outlays 
     for fiscal year 2002, and $2,395,231,000,000 in outlays in 
     fiscal years 1997 through 2002.
       (3) Committee on economic and educational opportunities.--
     The House Committee on Economic and Educational Opportunities 
     shall report changes in laws within its jurisdiction that 
     provide direct spending such that the total level of direct 
     spending for that committee does not exceed: $15,808,000,000 
     in outlays for fiscal year 1997, $19,670,000,000 in outlays 
     for fiscal year 2002, and $105,331,000,000 in outlays in 
     fiscal years 1997 through 2002.
       (4) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $381,199,000,000 in outlays for fiscal year 1997, 
     $563,607,000,000 in outlays for fiscal year 2002, and 
     $2,810,569,000,000 in outlays in fiscal years 1997 through 
     2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction sufficient to reduce 
     revenues by not more

[[Page H6012]]

     than $122,400,000,000 for fiscal years 1997 through 2002.
       (c) Instructions for Medicare Preservation.--
       (1) Committee on commerce.--The House Committee on Commerce 
     shall report changes in laws within its jurisdiction that 
     provide direct spending such that the total level of direct 
     spending for that committee does not exceed: $319,554,000,000 
     in outlays for fiscal year 1997, $420,915,000,000 in outlays 
     for fiscal year 2002, and $2,237,231,000,000 in outlays in 
     fiscal years 1997 through 2002.
       (2) Committee on ways and means.--The House Committee on 
     Ways and Means shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $374,399,000,000 in outlays for fiscal year 1997, 
     $510,804,000,000 in outlays for fiscal year 2002, and 
     $2,652,569,000,000 in outlays in fiscal years 1997 through 
     2002.
       (d) Instructions for Tax and Miscellaneous Direct Spending 
     Reforms.--
       (1) Committee on agriculture.--The House Committee on 
     Agriculture shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $35,599,000,000 in outlays for fiscal year 1997, 
     $36,614,000,000 in outlays for fiscal year 2002, and 
     $216,251,000,000 in outlays in fiscal years 1997 through 
     2002.
       (2) Committee on banking and financial services.--(A) The 
     House Committee on Banking and Financial Services shall 
     report changes in laws within its jurisdiction that provide 
     direct spending such that the total level of direct spending 
     for that committee does not exceed: -$12,645,000,000 in 
     outlays for fiscal year 1997, -$5,775,000,000 in outlays for 
     fiscal year 2002, and -$41,639,000,000 in outlays in fiscal 
     years 1997 through 2002.
       (B) The House Committee on Banking and Financial Services 
     shall report changes in laws within its jurisdiction that 
     would reduce the deficit by: $0 in fiscal year 1997, 
     $115,000,000 for fiscal year 2002, and $305,000,000 in fiscal 
     years 1997 through 2002.
       (3) Committee on commerce.--The House Committee on Commerce 
     shall report changes in laws within its jurisdiction that 
     provide direct spending such that the total level of direct 
     spending for that committee does not exceed: $318,054,000,000 
     in outlays for fiscal year 1997, $415,290,000,000 in outlays 
     for fiscal year 2002, and $2,216,885,000,000 in outlays in 
     fiscal years 1997 through 2002.
       (4) Committee on economic and educational opportunities.--
     The House Committee on Economic and Educational Opportunities 
     shall report changes in laws within its jurisdiction that 
     provide direct spending such that the total level of direct 
     spending for that committee does not exceed: $15,025,000,000 
     in outlays for fiscal year 1997, $18,963,000,000 in outlays 
     for fiscal year 2002, and $101,660,000,000 in outlays in 
     fiscal years 1997 through 2002.
       (5) Committee on government reform and oversight.--(A) The 
     House Committee on Government Reform and Oversight shall 
     report changes in laws within its jurisdiction that provide 
     direct spending such that the total level of direct spending 
     for that committee does not exceed: $65,164,000,000 in 
     outlays for fiscal year 1997, $82,594,000,000 in outlays for 
     fiscal year 2002, and $442,230,000,000 in outlays in fiscal 
     years 1997 through 2002.
       (B) The House Committee on Government Reform and Oversight 
     shall report changes in laws within its jurisdiction that 
     would reduce the deficit by: $201,000,000 in fiscal year 
     1997, $590,000,000 for fiscal years 2002, and $2,837,000,000 
     in fiscal years 1997 through 2002.
       (6) Committee on international relations.--The House 
     Committee on International Relations shall report changes in 
     laws within its jurisdiction that provide direct spending 
     such that the total level of direct spending for that 
     committee does not exceed: $13,025,000,000 in outlays for 
     fiscal year 1997, $10,311,000,000 in outlays for fiscal year 
     2002, and $67,953,000,000 in outlays in fiscal years 1997 
     through 2002.
       (7) Committee on the judiciary.--The House Committee on the 
     Judiciary shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $2,784,000,000 in outlays for fiscal year 1997, 
     $4,586,000,000 in outlays for fiscal year 2002, and 
     $26,482,000,000 in outlays in fiscal years 1997 through 2002.
       (8) Committee on national security.--The House Committee on 
     National Security shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $39,787,000,000 in outlays for fiscal year 1997, 
     $49,774,000,000 in outlays for fiscal year 2002, and 
     $271,815,000,000 in outlays in fiscal years 1997 through 
     2002.
       (9) Committee on resources.--The House Committee on 
     Resources shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $2,115,000,000 in outlays for fiscal year 1997, 
     $2,048,000,000 in outlays for fiscal year 2002, and 
     $11,652,000,000 in outlays in fiscal years 1997 through 2002.
       (10) Committee on science.--The House Committee on Science 
     shall report changes in laws within its jurisdiction that 
     provide direct spending such that the total level of direct 
     spending for that committee does not exceed: $40,000,000 in 
     outlays for fiscal year 1997, $46,000,000 in outlays for 
     fiscal year 2002, and $242,000,000 in outlays in fiscal years 
     1997 through 2002.
       (11) Committee on transportation and infrastructure.--The 
     House Committee on Transportation and Infrastructure shall 
     report changes in laws within its jurisdiction that provide 
     direct spending such that the total level of direct spending 
     for that committee does not exceed: $18,315,000,000 in 
     outlays for fiscal year 1997, $18,001,000,000 in outlays for 
     fiscal year 2002, and $107,328,000,000 in outlays in fiscal 
     years 1997 through 2002.
       (12) Committee on veterans' affairs.--The House Committee 
     on Veterans' Affairs shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $21,375,000,000 in outlays for fiscal year 1997, 
     $22,217,000,000 in outlays for fiscal year 2002, and 
     $130,468,000,000 in outlays in fiscal years 1997 through 
     2002.
       (13) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $372,342,000,000 in outlays for fiscal year 1997, 
     $508,107,000,000 in outlays for fiscal year 2002, and 
     $2,638,057,000,000 in outlays in fiscal years 1997 through 
     2002.
       (B)(i) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction sufficient to reduce 
     revenues by not more than $113,838,000,000 in fiscal years 
     1997 through 2002.
       (ii) If a reconciliation bill referred to in subsection 
     (a)(1) is enacted into law, then the revenue amount set forth 
     in clause (i) shall be adjusted to reflect the revenue 
     provisions of that Act.
       (e) Definition.--For purposes of this section, the term 
     ``direct spending'' has the meaning given to such term in 
     section 250(c)(8) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985.

     SEC. 202. RECONCILIATION IN THE SENATE.

       (a) First Reconciliation Instructions.--Not later than June 
     21, 1996, the committees named in this subsection shall 
     submit their recommendations to the Committee on the Budget 
     of the Senate. After receiving those recommendations, the 
     Committee on the Budget shall report to the Senate a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.
       (1) Committee on agriculture, nutrition, and forestry.--The 
     Senate Committee on Agriculture, Nutrition, and Forestry 
     shall report changes in laws within its jurisdiction that 
     provide direct spending (as defined in section 250(c)(8) of 
     the Balanced Budget and Emergency Deficit Control Act of 
     1985) to reduce outlays $1,974,000,000 in fiscal year 1997, 
     $26,169,000,000 for the period of fiscal years 1997 through 
     2002, and $5,967,000,000 in fiscal year 2002.
       (2) Committee on finance.--(A) The Senate Committee on 
     Finance shall report changes in laws within its jurisdiction 
     that provide direct spending (as defined in section 250(c)(8) 
     of the Balanced Budget and Emergency Deficit Control Act of 
     1985) to reduce outlays $260,000,000 in fiscal year 1997, 
     $98,321,000,000 for the period of fiscal years 1997 through 
     2002, and $36,578,000,000 in fiscal year 2002.
       (B) The Committee on Finance shall report changes in laws 
     within its jurisdiction necessary to reduce revenues by not 
     more than $122,400,000,000 for the period of fiscal years 
     1997 through 2002.
       (b) Second Reconciliation Instructions.--No later than July 
     24, 1996, the Committee on Finance shall report to the Senate 
     a reconciliation bill proposing changes in laws within its 
     jurisdiction that provide direct spending (as defined in 
     section 250(c)(8) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985) to reduce outlays $6,800,000,000 
     in fiscal year 1997, $158,000,000,000 for the period of 
     fiscal years 1997 through 2002, and $52,803,000,000 in fiscal 
     year 2002.
       (c) Third Reconciliation Instructions.--No later than 
     September 18, 1996, the committees named in this subsection 
     shall submit their recommendations to the Committee on the 
     Budget of the Senate. After receiving those recommendations, 
     the Committee on the Budget shall report to the Senate a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.
       (1) Committee on agriculture, nutrition, and forestry.--The 
     Senate Committee on Agriculture, Nutrition, and Forestry 
     shall report changes in laws within its jurisdiction that 
     provide direct spending (as defined in section 250(c)(8) of 
     the Balanced Budget and Emergency Deficit Control Act of 
     1985) to reduce outlays $10,000,000 in fiscal year 1997, 
     $65,000,000 for the period of fiscal years 1997 through 2002, 
     and $11,000,000 in fiscal year 2002.
       (2) Committee on armed services.--The Senate Committee on 
     Armed Services shall report changes in laws within its 
     jurisdiction that provide direct spending (as defined in 
     section 250(c)(8) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985) to reduce outlays $79,000,000 in 
     fiscal year 1997, $649,000,000 for the period of fiscal years 
     1997 through 2002, and $166,000,000 in fiscal year 2002.
       (3) Committee on banking, housing, and urban affairs.--The 
     Senate Committee on Banking, Housing, and Urban Affairs shall 
     report changes in laws within its jurisdiction that reduce 
     the deficit by $3,628,000,000 in fiscal year 1997, 
     $3,605,000,000 for the period of fiscal years 1997 through 
     2002, and $462,000,000 in fiscal year 2002.
       (4) Committee on commerce, science, and transportation.--
     The Senate Committee on Commerce, Science, and Transportation 
     shall report changes in laws within its jurisdiction that 
     provide direct spending (as defined in section 250(c)(8) of 
     the Balanced Budget and Emergency Deficit Control Act of 
     1985) to reduce outlays $19,396,000,000 for the period of 
     fiscal years 1997 through 2002, and $5,649,000,000 in fiscal 
     year 2002.
       (5) Committee on energy and natural resources.--The Senate 
     Committee on Energy and

[[Page H6013]]

     Natural Resources shall report changes in laws within its 
     jurisdiction that provide direct spending (as defined in 
     section 250(c)(8) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985) to reduce outlays $90,000,000 in 
     fiscal year 1997, $1,512,000,000 for the period of fiscal 
     years 1997 through 2002, and $72,000,000 in fiscal year 2002.
       (6) Committee on environment and public works.--The Senate 
     Committee on Environment and Public Works shall report 
     changes in laws within its jurisdiction that provide direct 
     spending (as defined in section 250(c)(8) of the Balanced 
     Budget and Emergency Deficit Control Act of 1985) to reduce 
     outlays $87,000,000 in fiscal year 1997, $2,184,000,000 for 
     the period of fiscal years 1997 through 2002, and 
     $392,000,000 in fiscal year 2002.
       (7) Committee on finance.--(A) The Senate Committee on 
     Finance shall report changes in laws within its jurisdiction 
     that reduce the deficit by $3,639,000,000 in fiscal year 
     1997, $23,184,000,000 for the period of fiscal years 1997 
     through 2002, and $4,121,000,000 in fiscal year 2002.
       (B) The Committee on Finance shall report changes in laws 
     within its jurisdiction to reduce revenues for the period of 
     fiscal years 1997 through 2002 by not more than the amount 
     specified in subsection (a)(2)(B) reduced by the amount that 
     legislation enacted pursuant to subsection (a) reduced 
     revenues for that period of fiscal years.
       (8) Committee on governmental affairs.--The Senate 
     Committee on Governmental Affairs shall report changes in 
     laws within its jurisdiction that reduce the deficit 
     $1,101,000,000 in fiscal year 1997, $8,801,000,000 for the 
     period of fiscal years 1997 through 2002, and $1,492,000,000 
     in fiscal year 2002.
       (9) Committee on the judiciary.--The Senate Committee on 
     the Judiciary shall report changes in laws within its 
     jurisdiction that provide direct spending (as defined in 
     section 250(c)(8) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985) to reduce outlays $476,000,000 
     for the period of fiscal years 1997 through 2002 and 
     $119,000,000 in fiscal year 2002.
       (10) Committee on labor and human resources.--The Senate 
     Committee on Labor and Human Resources shall report changes 
     in laws within its jurisdiction that provide direct spending 
     (as defined in section 250(c)(8) of the Balanced Budget and 
     Emergency Deficit Control Act of 1985) to reduce outlays 
     $783,000,000 in fiscal year 1997, $3,671,000,000 for the 
     period of fiscal years 1997 through 2002, and $707,000,000 in 
     fiscal year 2002.
       (11) Committee on veterans' affairs.--The Senate Committee 
     on Veterans' Affairs shall report changes in laws within its 
     jurisdiction that provide direct spending (as defined in 
     section 250(c)(8) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985) to reduce outlays $126,000,000 
     in fiscal year 1997, $5,271,000,000 for the period of fiscal 
     years 1997 through 2002, and $1,418,000,000 in fiscal year 
     2002.
       (d) Treatment of Reconciliation Bills for Prior Surplus.--
     For purposes of section 202 of House Concurrent Resolution 67 
     (104th Congress), legislation which reduces revenues pursuant 
     to a reconciliation instruction contained in subsection (c) 
     shall be taken together with all other legislation enacted 
     pursuant to the reconciliation instructions contained in this 
     resolution when determining the deficit effect of such 
     legislation.
                     TITLE III--BUDGET ENFORCEMENT

     SEC. 301. DISCRETIONARY SPENDING LIMITS.

       (a) Definition.--As used in this section and for the 
     purposes of allocations made pursuant to section 302(a) or 
     602(a) of the Congressional Budget Act of 1974, for the 
     discretionary category, the term ``discretionary spending 
     limit'' means--
       (1) with respect to fiscal year 1997--
       (A) for the defense category $266,362,000,000 in new budget 
     authority and $264,968,000,000 in outlays; and
       (B) for the nondefense category $230,988,000,000 in new 
     budget authority and $273,644,000,000 in outlays;
       (2) with respect to fiscal year 1998--
       (A) for the defense category $268,971,000,000 in new budget 
     authority and $263,862,000,000 in outlays; and
       (B) for the nondefense category $224,746,000,000 in new 
     budget authority and $263,093,000,000 in outlays;
       (3) with respect to fiscal year 1999, for the discretionary 
     category $491,268,000,000 in new budget authority and 
     $525,485,000,000 in outlays;
       (4) with respect to fiscal year 2000, for the discretionary 
     category $498,589,000,000 in new budget authority and 
     $525,251,000,000 in outlays;
       (5) with respect to fiscal year 2001, for the discretionary 
     category $491,117,000,000 in new budget authority and 
     $516,223,000,000 in outlays; and
       (6) with respect to fiscal year 2002, for the discretionary 
     category $500,592,000,000 in new budget authority and 
     $514,219,000,000 in outlays;

     as adjusted for changes in concepts and definitions and 
     emergency appropriations.
       (b) Point of Order in the Senate.--
       (1) In general.--Except as provided in paragraph (2), it 
     shall not be in order in the Senate to consider--
       (A) a revision of this resolution or any concurrent 
     resolution on the budget for fiscal year 1998 (or amendment, 
     motion, or conference report on such a resolution) that 
     provides discretionary spending in excess of the sum of the 
     defense and nondefense discretionary spending limits for such 
     fiscal year;
       (B) any concurrent resolution on the budget for fiscal year 
     1999, 2000, 2001, or 2002 (or amendment, motion, or 
     conference report on such a resolution) that provides 
     discretionary spending in excess of the discretionary 
     spending limit for such fiscal year; or
       (C) any appropriation bill or resolution (or amendment, 
     motion, or conference report on such appropriation bill or 
     resolution) for fiscal year 1997, 1998, 1999, 2000, 2001, or 
     2002 that would exceed any of the discretionary spending 
     limits in this section or suballocations of those limits made 
     pursuant to section 602(b) of the Congressional Budget Act of 
     1974.
       (2) Exception.--
       (A) In general.--This section shall not apply if a 
     declaration of war by the Congress is in effect or if a joint 
     resolution pursuant to section 258 of the Balanced Budget and 
     Emergency Deficit Control Act of 1985 has been enacted.
       (B) Enforcement of discretionary limits in fy 1997.--Until 
     the enactment of reconciliation legislation pursuant to 
     subsections (a), (b), and (c) of section 202 of this 
     resolution and for purposes of the application of paragraph 
     (1), only subparagraph (C) of paragraph (1) shall apply, and 
     it shall apply only for fiscal year 1997.
       (c) Waiver.--This section may be waived or suspended in the 
     Senate only by the affirmative vote of three-fifths of the 
     Members, duly chosen and sworn.
       (d) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this section shall be 
     limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the 
     concurrent resolution, bill, or joint resolution, as the case 
     may be. An affirmative vote of three-fifths of the Members of 
     the Senate, duly chosen and sworn, shall be required in the 
     Senate to sustain an appeal of the ruling of the Chair on a 
     point of order raised under this section.
       (e) Determination of Budget Levels.--For purposes of 
     subsection (b), the levels of new budget authority and 
     outlays for a fiscal year shall be determined on the basis of 
     estimates made by the Committee on the Budget of the Senate.

     SEC. 302. BUDGETARY TREATMENT OF THE SALE OF GOVERNMENT 
                   ASSETS.

       (a) Sense of Congress.--It is the sense of Congress that--
       (1) the prohibition on scoring asset sales has discouraged 
     the sale of assets that can be better managed by the private 
     sector and generate receipts to reduce the Federal budget 
     deficit;
       (2) the President's fiscal year 1997 budget included 
     $3,900,000,000 in receipts from asset sales and proposed a 
     change in the asset sale scoring rule to allow the proceeds 
     from these sales to be scored;
       (3) assets should not be sold if such sale would increase 
     the budget deficit over the long run; and
       (4) the asset sale scoring prohibition should be repealed 
     and consideration should be given to replacing it with a 
     methodology that takes into account the long-term budgetary 
     impact of asset sales.
       (b) Budgetary Treatment.--(1) For the purposes of any 
     concurrent resolution on the budget and the Congressional 
     Budget Act of 1974, amounts realized from sales of assets 
     shall be scored with respect to the level of budget 
     authority, outlays, or revenues.
       (2) For purposes of this section, the term ``sale of an 
     asset'' shall have the same meaning as under section 
     250(c)(21) of the Balanced Budget and Emergency Deficit 
     Control Act of 1985.
       (3) For purposes of this section, the sale of loan assets 
     or the prepayment of a loan shall be governed by the terms of 
     the Federal Credit Reform Act of 1990.

     SEC. 303. BUDGETARY TREATMENT OF DIRECT STUDENT LOANS.

       For the purposes of any concurrent resolution on the budget 
     and the Congressional Budget Act of 1974, the cost of a 
     direct loan under the Federal direct student loan program 
     shall be the net present value, at the time when the direct 
     loan is disbursed, of the following cash flows for the 
     estimated life of the loan--
       (1) loan disbursements;
       (2) repayments of principal;
       (3) payments of interest and other payments by or to the 
     Government over the life of the loan after adjusting for 
     estimated defaults, prepayments, fees, penalties, and other 
     recoveries; and
       (4) direct expenses, including--
       (A) activities related to credit extension, loan 
     origination, loan servicing, management of contractors, and 
     payments to contractors, other government entities, and 
     program participants;
       (B) collection of delinquent loans; and
       (C) writeoff and closeout of loans.

     SEC. 304. SUPERFUND RESERVE FUND.

       (a) Deficit Neutral Adjustments in the House.--
       (1) Committee allocations.--In the House of 
     Representatives--
       (A) after the enactment of a superfund bill that reforms 
     the Superfund program to facilitate the clean up of hazardous 
     waste sites and extends Superfund taxes; and
       (B) upon the reporting of an appropriation measure (or 
     submission of a conference report thereon) that appropriates 
     funds for the Superfund program in excess of $1,302,000,000;

     the chairman of the Committee on the Budget of that House may 
     submit revised allocations, functional levels, budget 
     aggregates, and discretionary spending limits to carry out 
     this section by an amount that is equal to such excess. These 
     revisions shall be considered for the purposes of the 
     Congressional Budget Act of 1974 as the allocations, levels, 
     aggregates, and limits contained in this resolution.
       (2) Committee suballocations.--The Committee on 
     Appropriations of the House of Representatives may report 
     appropriately revised suballocations pursuant to sections 
     302(b)(1)

[[Page H6014]]

     and 602(b)(1) of the Congressional Budget Act of 1974 
     following the revision of allocations to that committee 
     pursuant to paragraph (1).
       (3) Limitations.--The adjustments under this subsection 
     shall not exceed--
       (A) the net revenue increase for a fiscal year resulting 
     from the enactment of legislation that extends Superfund 
     taxes; and
       (B) $898,000,000 in budget authority for a fiscal year and 
     the outlays flowing from such budget authority in all fiscal 
     years.
       (3) Readjustments.--In the House of Representatives, any 
     adjustments made under this subsection for any appropriations 
     measure or any conference report thereon may be readjusted if 
     that measure is not enacted into law.
       (b) Deficit Neutral Adjustments in the Senate.--
       (1) In general.--In the Senate, after the enactment of 
     legislation that reforms the Superfund program and extends 
     Superfund taxes, in the Senate, budget authority and outlays 
     allocated to the Committee on Appropriations under sections 
     302(a) and 602(a) of the Congressional Budget Act of 1974, 
     the appropriate functional levels, the appropriate budget 
     aggregates, and the discretionary spending limits in section 
     201 of this resolution may be revised to provide additional 
     budget authority and the outlays flowing from that budget 
     authority for the Superfund program, pursuant to this 
     subsection.
       (2) Deficit neutral adjustments.--
       (A) Allocations.--
       (i) Committee allocations.--In the Senate, upon reporting 
     of an appropriations measure, or when a conference committee 
     submits a conference report thereon, that appropriates funds 
     for the Superfund program in excess of $1,302,000,000, the 
     chairman of the Committee on the Budget of the Senate may 
     submit revised allocations, functional levels, budget 
     aggregates, and discretionary spending limits to carry out 
     this section that adds to such allocations, levels, 
     aggregates, and limits an amount that is equal to such 
     excess. These revised allocations, levels, aggregates, and 
     limits shall be considered for the purposes of the 
     Congressional Budget Act of 1974 as the allocations, levels, 
     aggregates, and limits contained in this resolution.
       (ii) Committee suballocations.--The Committee on 
     Appropriations of the Senate may report appropriately revised 
     suballocations pursuant to sections 302(b)(1) and 602(b)(1) 
     of the Congressional Budget Act of 1974 following the 
     revision of the allocations pursuant to clause (i).
       (B) Limitations.--The adjustments under this subsection 
     shall not exceed--
       (i) the net revenue increase for a fiscal year resulting 
     from the enactment of legislation that extends Superfund 
     taxes; and
       (ii) $898,000,000 in budget authority for a fiscal year and 
     the outlays flowing from such budget authority in all fiscal 
     years.

     SEC. 305. TAX RESERVE FUND IN THE SENATE.

       (a) In General.--In the Senate, revenue and spending 
     aggregates may be reduced and allocations may be revised for 
     legislation that reduces revenues by providing family tax 
     relief, fuel tax relief, and incentives to stimulate savings, 
     investment, job creation, and economic growth if such 
     legislation will not increase the deficit for--
       (1) fiscal year 1997;
       (2) the period of fiscal years 1997 through 2001; or
       (3) the period of fiscal years 2002 through 2006.
       (b) Revised Allocations.--Upon the consideration of 
     legislation pursuant to subsection (a), 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 
     section. 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.
       (c) 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 section.

     SEC. 306. EXERCISE OF RULEMAKING POWERS.

       Congress adopts the provisions of this title--
       (1) as an exercise of the rulemaking 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.

     SEC. 307. GOVERNMENT SHUTDOWN PREVENTION ALLOWANCE.

       (a) In General.--In the House of Representatives for 
     consideration of a conference report, or in the Senate, the 
     fiscal year 1997 outlay allocation made pursuant to sections 
     302(a) and 602(a) of the Congressional Budget Act of 1974 to 
     the Committees on Appropriations, the fiscal year 1997 outlay 
     aggregate, the fiscal year 1997 discretionary limit on 
     nondefense outlays and other appropriate aggregates may be 
     increased for a resolution making continuing appropriations 
     for fiscal year 1997. These revised allocations, aggregates, 
     and limits shall be considered for all purposes of the 
     Congressional Budget Act of 1974 as allocations, aggregates, 
     and limits contained in this resolution and shall remain in 
     effect for the consideration of any fiscal year 1997 
     appropriations measure.
       (b) Revised Allocations.--In the Senate, upon the 
     consideration of a motion to proceed or an agreement to 
     proceed to a resolution making continuing appropriations for 
     fiscal year 1997, or in the House of Representatives, upon 
     the filing of a conference report thereon, that complies with 
     the fiscal year 1997 discretionary limit on nondefense budget 
     authority, the Chairman of the Committee on the Budget of the 
     appropriate House may submit a revised outlay allocation for 
     such committee and appropriately revised aggregates and 
     limits to carry out this section.
       (c) Committee Suballocations.--The Committee on 
     Appropriations of the appropriate House may report 
     appropriately revised suballocations pursuant to sections 
     302(b)(1) and 602(b)(1) of the Congressional Budget Act of 
     1974 following the revision of allocations pursuant to this 
     section.
       (d) Limitations.--The adjustments made under this section 
     shall not exceed $1,337,000,000 in outlays for fiscal year 
     1997.
       TITLE IV--SENSE OF CONGRESS, HOUSE, AND SENATE PROVISIONS

     SEC. 401. SENSE OF CONGRESS ON BASELINES.

       (a) Findings.--Congress finds that:
       (1) Baselines are projections of future spending if 
     existing policies remain unchanged.
       (2) Under baseline assumptions, spending automatically 
     rises with inflation even if such increases are not mandated 
     under existing law.
       (3) Baseline budgeting is inherently biased against 
     policies that would reduce the projected growth in spending 
     because such policies are depicted as spending reductions 
     from an increasing baseline.
       (4) The baseline concept has encouraged Congress to 
     abdicate its constitutional obligation to control the public 
     purse for those programs which are automatically funded.
       (b) Sense of Congress.--It is the sense of Congress that 
     baseline budgeting should be replaced with a budgetary model 
     that requires justification of aggregate funding levels and 
     maximizes congressional accountability for Federal spending.

     SEC. 402. SENSE OF CONGRESS ON LOAN SALES.

       (a) Findings.--Congress finds that:
       (1) The House and Senate Appropriations Subcommittees on 
     Treasury, Postal Service, and General Government have stated 
     that ``more consideration should be given to the sale of 
     nonperforming loans held not only by HUD, but by all Federal 
     agencies that provide credit programs'' and directed the 
     Office of Management and Budget to direct Federal agencies to 
     evaluate the value of their credit programs and develop a 
     plan for the privatization of such credit programs.
       (2) The Senate Appropriations Subcommittee on Commerce, 
     Justice, State, the Judiciary, and Related Agencies has 
     directed that the Small Business Administration should study 
     and report to Congress on the feasibility of private 
     servicing of SBA loan activities.
       (3) The House Appropriations Subcommittee on Agriculture, 
     Rural Development, Food and Drug Administration, and Related 
     Agencies previously directed the Farmers Home Administration 
     to ``explore the potential savings that might occur from 
     contract centralized servicing.''
       (4) The Committee on Agriculture of the House has 
     consistently urged the Secretary of Agriculture to explore 
     contracting out loan servicing operations.
       (5) The General Accounting Office has found that ``Allowing 
     the public and private sectors to compete for the centralized 
     servicing (of loans) could mean reaping the benefits of the 
     competitive marketplace--greater efficiency, increased focus 
     on customer needs, increased innovation, and improved 
     morale.''
       (6) The House Committee on Small Business has recommended 
     ``that 40 percent of the loan servicing portfolio (for 
     Disaster Loans) be privatized.''
       (7) The President's Budget for Fiscal Year 1997 proposes to 
     review options for improving the quality of loan portfolio 
     management including contracting to the private sector.
       (b) Sense of Congress.--It is the sense of Congress that 
     the appropriate committees of the House and the Senate should 
     report legislation authorizing the sale of such loan assets 
     as they deem appropriate in order to contribute to Government 
     downsizing, administrative cost savings, and improved 
     services to borrowers.

     SEC. 403. SENSE OF CONGRESS ON CHANGES IN MEDICAID.

       It is the sense of Congress that any legislation changing 
     the medicaid program pursuant to this resolution should--
       (1) guarantee coverage for low-income children, pregnant 
     women, the elderly, and the disabled as described in the 
     National Governors' Association February 6, 1996, policy on 
     reforming medicaid, which was endorsed unanimously by our 
     Nation's Governors;
       (2) maintain the medicaid program as a matching program 
     while providing a fairer and more equitable formula for 
     calculating the matching rate;
       (3) reject any illusory financing schemes;
       (4) continue existing law for Federal minimum quality 
     standards for nursing homes and the enforcement of those 
     standards;
       (5) continue Federal rules that prevent wives or husbands 
     from being required to impoverish themselves in order to 
     obtain and keep medicaid benefits for their spouse requiring 
     nursing home care and continue existing prohibitions against 
     the States requiring the adult children of institutionalized 
     patients from having to contribute to the cost of nursing 
     facility services; and
       (6) provide coverage of medicare premiums and cost-sharing 
     payments for low-income seniors consistent with the unanimous 
     National Governors' Association medicaid policy.

     SEC. 404. SENSE OF CONGRESS ON IMPACT OF LEGISLATION ON 
                   CHILDREN.

       (a) Sense of Congress.--It is the sense of Congress that 
     Congress should not adopt or

[[Page H6015]]

     enact any legislation that will increase the number of 
     children who are hungry, homeless, poor, or medically 
     uninsured.
       (b) Legislative Accountability for Impact on Children.--In 
     the event legislation enacted to comply with this resolution 
     results in an increase in the number of hungry, homeless, 
     poor, or medically uninsured by the end of fiscal year 1997, 
     Congress shall revisit the provisions of such legislation 
     which caused such increase and shall, as soon as practicable 
     thereafter, adopt legislation which would halt any 
     continuation of such increase.

     SEC. 405. SENSE OF CONGRESS ON DEBT REPAYMENT.

       It is the sense of Congress that--
       (1) Congress has a basic moral and ethical responsibility 
     to future generations to repay the Federal debt;
       (2) Congress should enact a plan that balances the budget 
     and also develop a regimen for paying off the Federal debt;
       (3) after the budget is balanced, a surplus should be 
     created which can be used to begin paying off the debt; and
       (4) such a plan should be formulated and implemented so 
     that this generation can save future generations from the 
     crushing burdens of the Federal debt.

     SEC. 406. SENSE OF CONGRESS ON COMMITMENT TO A BALANCED 
                   BUDGET BY FISCAL YEAR 2002.

       It is the sense of Congress that the President and Congress 
     should continue to adhere to the statutory commitment made by 
     both parties on November 20, 1995, to enact legislation to 
     achieve a balanced budget not later than fiscal year 2002 as 
     estimated by the Congressional Budget Office.

     SEC. 407. SENSE OF CONGRESS THAT TAX REDUCTIONS SHOULD 
                   BENEFIT WORKING FAMILIES.

       It is the sense of Congress that this concurrent resolution 
     on the budget assumes any reductions in taxes should be 
     structured to benefit working families by providing family 
     tax relief and incentives to stimulate savings, investment, 
     job creation, and economic growth.

     SEC. 408. SENSE OF CONGRESS ON A BIPARTISAN COMMISSION ON THE 
                   SOLVENCY OF MEDICARE.

       (a) Findings.--Congress finds that--
       (1) the Trustees of medicare have concluded that ``the 
     medicare program is clearly unsustainable in its present 
     form'';
       (2) the Trustees of medicare concluded in 1995 that ``the 
     Hospital Insurance Trust Fund, which pays inpatient hospital 
     expenses, will be able to pay benefits for only about 7 years 
     and is severely out of financial balance in the long range'';
       (3) preliminary data made available to Congress indicate 
     that the Hospital Insurance Trust Fund will go bankrupt in 
     the year 2001, rather than the year 2002, as predicted last 
     year;
       (4) the Public Trustees of medicare have concluded that 
     ``the Supplementary Medical Insurance Trust Fund shows a rate 
     of growth of costs which is clearly unsustainable'';
       (5) the Bipartisan Commission on Entitlement and Tax Reform 
     concluded that, absent long-term changes in medicare, 
     projected medicare outlays will increase from about 4 percent 
     of the payroll tax base today to over 15 percent of the 
     payroll tax base by the year 2030;
       (6) the Bipartisan Commission on Entitlement and Tax Reform 
     recommended, by a vote of 30 to 1, that spending and revenues 
     available for medicare must be brought into long-term 
     balance; and
       (7) in the most recent Trustees' report, the Public 
     Trustees of medicare ``strongly recommend that the crisis 
     presented by the financial condition of the medicare trust 
     funds be urgently addressed on a comprehensive basis, 
     including a review of the program's financing methods, 
     benefit provisions, and delivery mechanisms.''
       (b) Sense of Congress.--It is the sense of Congress that in 
     order to meet the aggregates and levels in this budget 
     resolution--
       (1) a special bipartisan commission should be established 
     immediately to make recommendations concerning the most 
     appropriate response to the short-term solvency and long-term 
     sustainability issues facing the medicare program which do 
     not include tax increases in any form, including transfers of 
     spending from the medicare Part A program to the Part B 
     program; and
       (2) the commission should report to Congress its 
     recommendations prior to the adoption of a concurrent budget 
     resolution for fiscal year 1998 in order that the committees 
     of jurisdiction may consider these recommendations in 
     fashioning an appropriate congressional response.

     SEC. 409. SENSE OF CONGRESS ON MEDICARE TRANSFERS.

       (a) Findings.--Congress finds that--
       (1) home health care provides a broad spectrum of health 
     and social services to approximately 3,500,000 medicare 
     beneficiaries in the comfort of their homes;
       (2) the President has proposed reimbursing the first 100 
     home health care visits after a hospital stay through 
     medicare part A and reimbursing all other visits through 
     medicare part B, shifting responsibility for $55,000,000,000 
     of spending from the Hospital Insurance Trust Fund to the 
     general revenues that pay for medicare part B;
       (3) such a transfer does nothing to control medicare 
     spending, and is merely a bookkeeping change which 
     artificially extends the solvency of the Hospital Insurance 
     Trust Fund;
       (4) this transfer of funds camouflages the need to make 
     changes in the medicare program to ensure the long-term 
     solvency of the Hospital Insurance Trust Fund, which the 
     Congressional Budget Office now states will become bankrupt 
     in the year 2001, a year earlier than projected in the 1995 
     report by the Trustees of the Social Security and Medicare 
     Trust Funds;
       (5) Congress will be breaking a commitment to the American 
     people if it does not act to ensure the solvency of the 
     entire medicare program in both the short- and long-term;
       (6) the President's proposal would force those in need of 
     chronic care services to rely upon the availability of 
     general revenues to provide financing for these services, 
     making them more vulnerable to benefits changes than under 
     current law; and
       (7) according to the National Association of Home Care, 
     shifting medicare home care payments from part A to part B 
     would deemphasize the importance of home care by eliminating 
     its status as part of the Hospital Insurance Trust Fund, 
     thereby undermining access to the less costly form of care.
       (b) Sense of Congress.--It is the sense of Congress that in 
     meeting the spending targets specified in the budget 
     resolution, Congress should not accept the President's 
     proposal to transfer spending from one part of medicare to 
     another in its efforts to preserve, protect, and improve the 
     medicare program.

     SEC. 410. SENSE OF CONGRESS REGARDING CHANGES IN THE MEDICARE 
                   PROGRAM.

       (a) Findings.--Congress finds that, in achieving the 
     spending levels specified in this resolution--
       (1) the public trustees of medicare have concluded that 
     ``the medicare program is clearly unsustainable in its 
     present form'';
       (2) the President has said his goal is to keep the medicare 
     hospital insurance trust fund solvent for more than a decade, 
     but his budget transfers $55,000,000,000 of home health 
     spending from medicare part A to medicare part B;
       (3) the transfer of home health spending threatens the 
     delivery of home health services to 3.5 million medicare 
     beneficiaries;
       (4) such a transfer increases the burden on general 
     revenues, including income taxes paid by working Americans, 
     by $55,000,000,000;
       (5) such a transfer artificially inflates the solvency of 
     the medicare hospital insurance trust fund, misleading 
     Congress, medicare beneficiaries, and working taxpayers;
       (6) the Director of the Congressional Budget Office has 
     certified that, without such a transfer, the President's 
     budget extends the solvency of the hospital insurance trust 
     fund for only one additional year; and
       (7) without misleading transfers, the President's budget 
     therefore fails to achieve his own stated goal for the 
     medicare hospital insurance trust fund.
       (b) Sense of Congress.--It is the sense of Congress that, 
     in achieving the spending levels specified in this 
     resolution, Congress assumes that Congress would--
       (1) keep the medicare hospital insurance trust fund solvent 
     for more than a decade, as recommended by the President; and
       (2) accept the President's proposed level of medicare part 
     B savings over the period 1997 through 2002; but would
       (3) reject the President's proposal to transfer home health 
     spending from one part of medicare to another, which 
     threatens the delivery of home health care services to 3.5 
     million medicare beneficiaries, artificially inflates the 
     solvency of the medicare hospital insurance trust fund, and 
     increases the burden on general revenues, including income 
     taxes paid by working Americans, by $55,000,000,000.

     SEC. 411. SENSE OF CONGRESS REGARDING REVENUE ASSUMPTIONS.

       (a) Findings.--Congress finds the following:
       (1) Corporations and individuals have clear responsibility 
     to adhere to environmental laws. When they do not, and 
     environmental damage results, the Federal and State 
     governments may impose fines and penalties, and assess 
     polluters for the cost of remediation.
       (2) Assessment of these costs is important in the 
     enforcement process. They appropriately penalize wrongdoing. 
     They discourage future environmental damage. They ensure that 
     taxpayers do not bear the financial brunt of cleaning up 
     after damages done by polluters.
       (3) In the case of the Exxon Valdez oil spill disaster in 
     Prince William Sound, Alaska, for example, the corporate 
     settlement with the Federal Government totaled $900,000,000.
       (b) Sense of Congress.--It is the sense of Congress that 
     assumptions in this resolution assume an appropriate amount 
     of revenues per year through legislation that will not allow 
     deductions for fines and penalties arising from a failure to 
     comply with Federal or State environmental or health 
     protection laws.

     SEC. 412. SENSE OF CONGRESS REGARDING DOMESTIC VIOLENCE.

       The assumptions underlying functional totals in this budget 
     resolution include:
       (1) Findings.--The Senate finds that:
       (A) Violence against women is the leading cause of physical 
     injury to women. The Department of Justice estimates that 
     over 1 million violent crimes against women are committed by 
     domestic partners annually.
       (B) Domestic violence dramatically affects the victim's 
     ability to participate in the workforce. A University of 
     Minnesota survey reported that one-quarter of battered women 
     surveyed had lost a job partly because of being abused and 
     that over half of these women had been harassed by their 
     abuser at work.
       (C) Domestic violence is often intensified as women seek to 
     gain economic independence through attending school or job 
     training programs. Batterers have been reported to prevent 
     women from attending such programs or sabotage their efforts 
     at self-improvement.
       (D) Nationwide surveys of service providers prepared by the 
     Taylor Institute of Chicago, document, for the first time, 
     the interrelationship between domestic violence and welfare 
     by showing that between 50 percent and 80 percent of women in 
     welfare to work programs are current or past victims of 
     domestic violence.
       (E) The American Psychological Association has reported 
     that violence against women is

[[Page H6016]]

     usually witnessed by their children, who as a result can 
     suffer severe psychological, cognitive and physical damage 
     and some studies have found that children who witness 
     violence in their homes have a greater propensity to commit 
     violent acts in their homes and communities when they become 
     adults.
       (F) Over half of the women surveyed by the Taylor Institute 
     stayed with their batterers because they lacked the resources 
     to support themselves and their children. The surveys also 
     found that the availability of economic support is a critical 
     factor in women's ability to leave abusive situations that 
     threaten themselves and their children.
       (G) Proposals to restructure the welfare programs may 
     impact the availability of the economic support and the 
     safety net necessary to enable poor women to flee abuse 
     without risking homelessness and starvation for their 
     families.
       (2) Sense of Congress.--It is the sense of Congress that:
       (A) No welfare reform provision should be enacted by 
     Congress unless and until Congress considers whether such 
     welfare reform provisions would exacerbate violence against 
     women and their children, further endanger women's lives, 
     make it more difficult for women to escape domestic violence, 
     or further punish women victimized by violence.
       (B) Any welfare reform measure enacted by Congress should 
     require that any welfare to work, education, or job placement 
     programs implemented by the States address the impact of 
     domestic violence on welfare recipients.

     SEC. 413. SENSE OF CONGRESS REGARDING STUDENT LOANS.

       (a) Findings.--Congress finds that--
       (1) over the last 60 years, education and advancements in 
     knowledge have accounted for 37 percent of our nation's 
     economic growth;
       (2) a college degree significantly increases job stability, 
     resulting in an unemployment rate among college graduates 
     less than half that of those with high school diplomas;
       (3) a person with a bachelor's degree will average 50-55 
     percent more in lifetime earnings than a person with a high 
     school diploma;
       (4) education is a key to providing alternatives to crime 
     and violence, and is a cost-effective strategy for breaking 
     cycles of poverty and moving welfare recipients to work;
       (5) a highly educated populace is necessary to the 
     effective functioning of democracy and to a growing economy, 
     and the opportunity to gain a college education helps advance 
     the American ideals of progress and social equality;
       (6) a highly educated and flexible work force is an 
     essential component of economic growth and competitiveness;
       (7) for many families, Federal Student Aid Programs make 
     the difference in the ability of students to attend college;
       (8) in 1994, nearly 6 million postsecondary students 
     received some kind of financial assistance to help them pay 
     for the costs of schooling;
       (9) since 1988, college costs have risen by 54 percent, and 
     student borrowing has increased by 219 percent;
       (10) in fiscal year 1996, the Balanced Budget Act achieved 
     savings without reducing student loan limits or increasing 
     fees to students or parents; and
       (11) under this budget resolution student loans will 
     increase from $26.6 billion today to $37.4 billion in 2002; 
     the Congressional Budget Office projects that these are the 
     exact same levels that would occur under President Clinton's 
     student loan policies.
       (b) Sense of Congress.--It is the sense of Congress that 
     the aggregates and functional levels included in this budget 
     resolution assume that savings in student loans can be 
     achieved without any program change that would increase costs 
     to students and parents or decrease accessibility to student 
     loans.

     SEC. 414. SENSE OF CONGRESS REGARDING ADDITIONAL CHARGES 
                   UNDER THE MEDICARE PROGRAM.

       (a) Findings.--Congress finds that--
       (1) senior citizens must spend more than 1 dollar in 5 of 
     their limited incomes to purchase the health care they need;
       (2) \2/3\ of spending under the medicare program under 
     title XVIII of the Social Security Act is for senior citizens 
     with annual incomes of less than $15,000;
       (3) fee for service cost increases have forced higher out-
     of-pocket costs for seniors; and
       (4) the current medicare managed care experience has 
     demonstrated that medicare HMO enrollees face lower out-of-
     pocket costs when they join HMO's in competitive markets; 
     also, over one half of these enrollees pay no medicare 
     premiums and receive extra benefits free of charge, such as 
     prescription drugs and eye glasses, due to competitive market 
     forces.
       (b) Sense of Congress.--It is the sense of Congress that 
     any reconciliation bill considered during the second session 
     of the 104th Congress should maintain Medicare beneficiaries 
     right to remain in the current Medicare fee-for-service 
     program and also should maintain the existing prohibitions 
     against additional charges by providers under the Medicare 
     fee-for-service program under title XVIII of the Social 
     Security Act (``balance billing''), and that Medicare 
     beneficiaries should be offered the greatest opportunity 
     possible to choose private plans that will offer lower out-
     of-pocket costs than what they currently pay in the Medicare 
     fee-for-service program, and to choose a health care delivery 
     option that best meets their needs.

     SEC. 415. SENSE OF CONGRESS REGARDING REQUIREMENTS THAT 
                   WELFARE RECIPIENTS BE DRUG-FREE.

       In recognition of the fact that American workers are 
     required to be drug-free in the workplace, it is the sense of 
     Congress that this concurrent resolution on the budget 
     assumes that the States may require welfare recipients to be 
     drug-free as a condition for receiving such benefits and that 
     random drug testing may be used to enforce such requirements.

     SEC. 416. SENSE OF CONGRESS ON AN ACCURATE INDEX FOR 
                   INFLATION.

       (a) Findings.--Congress finds that--
       (1) a significant portion of Federal expenditures and 
     revenues are indexed to measurements of inflation; and
       (2) a variety of inflation indices exist which vary 
     according to the accuracy with which such indices measure 
     increases in the cost of living; and
       (3) Federal Government usage of inflation indices which 
     overstate true inflation has the demonstrated effect of 
     accelerating Federal spending, increasing the Federal budget 
     deficit, increasing Federal borrowing, and thereby enlarging 
     the projected burden on future American taxpayers.
       (b) Sense of Congress.--It is the sense of Congress that 
     the assumptions underlying this budget resolution include 
     that all Federal spending and revenues which are indexed for 
     inflation should be calibrated by the most accurate inflation 
     indices which are available to the Federal Government.

     SEC. 417. SENSE OF CONGRESS THAT THE 1993 INCOME TAX INCREASE 
                   ON SOCIAL SECURITY BENEFITS SHOULD BE REPEALED.

       (a) Findings.--Congress finds that--
       (1) the fiscal year 1994 budget proposal of President 
     Clinton to raise Federal income taxes on the Social Security 
     benefits of senior citizens with income as low as $25,000, 
     and those provisions of the fiscal year 1994 recommendations 
     of the Budget Resolution and the 1993 Omnibus Budget 
     Reconciliation Act in which the One Hundred Third Congress 
     voted to raise Federal income taxes on the Social Security 
     benefits of senior citizens with income as low as $34,000 
     should be repealed;
       (2) President Clinton has stated that he believes he raised 
     Federal taxes too much in 1993; and
       (3) the budget resolution should react to President 
     Clinton's fiscal year 1997 budget which documents the fact 
     that in the history of the United States, the total tax 
     burden has never been greater than it is today.
       (b) Sense of Congress.--It is the sense of Congress that 
     the assumptions underlying this resolution include--
       (1) that raising Federal income taxes in 1993 on the Social 
     Security benefits of middle-class individuals with income as 
     low as $34,000 was a mistake;
       (2) that the Federal income tax hike on Social Security 
     benefits imposed in 1993 by the One Hundred Third Congress 
     and signed into law by President Clinton should be repealed; 
     and
       (3) President Clinton should work with Congress to repeal 
     the 1993 Federal income tax hike on Social Security benefits 
     in a manner that would not adversely affect the Social 
     Security Trust Fund or the Medicare Part A Trust Fund, and 
     should ensure that such repeal is coupled with offsetting 
     reductions in Federal spending.

     SEC. 418. SENSE OF CONGRESS REGARDING THE ADMINISTRATION'S 
                   PRACTICE REGARDING THE PROSECUTION OF DRUG 
                   SMUGGLERS.

       (a) Findings.--Congress finds that--
       (1) drug use is devastating to the Nation, particularly 
     among juveniles, and has led juveniles to become involved in 
     interstate gangs and to participate in violent crime;
       (2) drug use has experienced a dramatic resurgence among 
     our youth;
       (3) the number of youths aged 12-17 using marijuana has 
     increased from 1.6 million in 1992 to 2.9 million in 1994, 
     and the category of ``recent marijuana use'' increased a 
     staggering 200 percent among 14- to 15-year-olds over the 
     same period;
       (4) since 1992, there has been a 52 percent jump in the 
     number of high school seniors using drugs on a monthly basis, 
     even as worrisome declines are noted in peer disapproval of 
     drug use;
       (5) 1 in 3 high school students uses marijuana;
       (6) 12- to 17-year-olds who use marijuana are 85 percent 
     more likely to graduate to cocaine than those who abstain 
     from marijuana;
       (7) juveniles who reach 21 without ever having used drugs 
     almost never try them later in life;
       (8) the latest results from the Drug Abuse Warning Network 
     show that marijuana-related episodes jumped 39 percent and 
     are running at 155 percent above the 1990 level, and that 
     methamphetamine cases have risen 256 percent over the 1991 
     level;
       (9) between February 1993 and February 1995 the retail 
     price of a gram of cocaine fell from $172 to $137, and that 
     of a gram of heroin also fell from $2,032 to $1,278;
       (10) it has been reported that the Department of Justice, 
     through the United States Attorney for the Southern District 
     of California, has adopted a policy of allowing certain 
     foreign drug smugglers to avoid prosecution altogether by 
     being released to Mexico;
       (11) it has been reported that in the past year 
     approximately 2,300 suspected narcotics traffickers were 
     taken into custody for bringing illegal drugs across the 
     border, but approximately one in four were returned to their 
     country of origin without being prosecuted;
       (12) it has been reported that the United States Customs 
     Service is operating under guidelines limiting any 
     prosecution in marijuana cases to cases involving 125 pounds 
     of marijuana or more;
       (13) it has been reported that suspects possessing as much 
     as 32 pounds of methamphetamine and 37,000 Quaalude tablets 
     were not prosecuted but were, instead, allowed to return to 
     their countries of origin after their drugs and vehicles were 
     confiscated;
       (14) it has been reported that after a seizure of 158 
     pounds of cocaine, one defendant was cited and released 
     because there was no room at the Federal jail and charges 
     against her were dropped;
       (15) it has been reported that some smugglers have been 
     caught two or more times--even in the same week--yet still 
     were not prosecuted;

[[Page H6017]]

       (16) the number of defendants prosecuted for violations of 
     the Federal drug laws has dropped from 25,033 in 1992 to 
     22,926 in 1995;
       (17) this Congress has increased the funding of the Federal 
     Bureau of Prisons by 11.7 percent over the 1995 
     appropriations level; and
       (18) this Congress has increased the funding of the 
     Immigration and Naturalization Service by 23.5 percent over 
     the 1995 appropriations level.
       (b) Sense of Congress.--It is the sense of Congress that--
       (1) the function totals and aggregates underlying this 
     resolution assume that the Attorney General should promptly 
     investigate this matter and report, within 30 days, to the 
     Chair of the Senate and House Committees on the Judiciary; 
     and
       (2) the Attorney General should ensure that cases involving 
     the smuggling of drugs into the United States are vigorously 
     prosecuted.

     SEC. 419. SENSE OF CONGRESS ON CORPORATE SUBSIDIES.

       It is the sense of Congress that the functional levels and 
     aggregates in this budget resolution assume that--
       (1) the Federal budget contains tens of billions of dollars 
     in payments, benefits and programs that primarily assist 
     profit-making enterprises and industries rather than provide 
     a clear and compelling public interest;
       (2) corporate subsidies can provide unfair competitive 
     advantages to certain industries and industry segments;
       (3) at a time when millions of Americans are being asked to 
     sacrifice in order to balance the budget, the corporate 
     sector should bear its share of the burden; and
       (4) Federal payments, benefits, and programs which 
     predominantly benefit a particular industry or segment of an 
     industry, rather than provide a clear and compelling public 
     benefit, should be reformed or terminated in order to provide 
     additional tax relief, deficit reduction, or to achieve the 
     savings necessary to meet this resolution's instructions and 
     levels.

     SEC. 420. SENSE OF CONGRESS REGARDING WELFARE REFORM.

       (a) Congress finds that--
       (1) this resolution assumes substantial savings from 
     welfare reform; and
       (2) children born out of wedlock are five times more likely 
     to be poor and about ten times more likely to be extremely 
     poor and therefore are more likely to receive welfare 
     benefits than children from two parent families; and
       (3) high rates of out-of-wedlock births are associated with 
     a host of other social pathologies; for example, children of 
     single mothers are twice as likely to drop out of high 
     school; boys whose fathers are absent are more likely to 
     engage in criminal activities; and girls in single-parent 
     families are three times more likely to have children out of 
     wedlock themselves.
       (b) It is the sense of Congress that any comprehensive 
     legislation sent to the President that balances the budget by 
     a certain date and that includes welfare reform provisions 
     and that is agreed to by Congress and the President shall 
     also contain to the maximum extent possible a strategy for 
     reducing the rate of out-of-wedlock births and encouraging 
     family formation.

     SEC. 421. SENSE OF CONGRESS ON FCC SPECTRUM AUCTIONS.

       It is the sense of Congress that--
       (1) the Congressional Budget Office has scored revenue 
     expected to be raised from the auction of Federal 
     Communications Commission licenses for various services;
       (2) for budget scoring purposes, Congress has assumed that 
     such auctions would occur in a prompt and expeditious manner 
     and that revenue raised by such auctions would flow to the 
     Federal treasury;
       (3) this resolution assumes that the revenue to be raised 
     from auctions totals billions of dollars;
       (4) this resolution makes assumptions that services would 
     be auctioned where the Federal Communications Commission has 
     not yet conducted auctions for such services, such as Local 
     Multipoint Distribution Service (LMDS), licenses for paging 
     services, final broadband PCS licenses, narrow band PCS 
     licenses, licenses for unserved cellular, and Digital Audio 
     Radio (DARS), and other subscription services, revenue from 
     which has been assumed in Congressional budgetary 
     calculations and in determining the level of the deficit; and
       (5) the Commission's service rules can dramatically affect 
     license values and auction revenues and therefore the 
     Commission should act expeditiously and without further delay 
     to conduct auctions of licenses in a manner that maximizes 
     revenue, increases efficiency, and enhances competition.

     SEC. 422. SENSE OF THE HOUSE ON EMERGENCIES.

       (a) Findings.--The House of Representatives finds that:
       (1) The Budget Enforcement Act of 1990 exempted from the 
     discretionary spending limits and the Pay-As-You-Go 
     requirements for entitlement and tax legislation funding 
     requirements that are designated by Congress and the 
     President as an emergency.
       (2) Congress and the President have increasingly misused 
     the emergency designation by--
       (A) designating as emergencies funding requirements that 
     are predictable and do not pose a threat to life, property, 
     or national security,
       (B) designating emergencies with the sole purpose of 
     circumventing statutory and congressional spending 
     limitations, and
       (C) adding to emergency legislation controversial items 
     that would not otherwise withstand public scrutiny.
       (b) Sense of the House.--It is the sense of the House of 
     Representatives that in order to balance the Federal budget 
     Congress should consider alternative approaches to budgeting 
     for emergencies, including codifying the definition of an 
     emergency, establishing contingency funds to pay for 
     emergencies, and fully offsetting the costs of emergencies 
     with rescissions of spending authority that would have been 
     obligated but for the rescission.

     SEC. 423. SENSE OF THE SENATE ON FUNDING TO ASSIST YOUTH AT 
                   RISK.

       (a) Findings.--The Senate finds that--
       (1) there is an increasing prevalence of violence and drug 
     use among this country's youth;
       (2) in recognizing the magnitude of this problem, the 
     Federal Government must continue to maximize efforts in 
     addressing the increasing prevalence of violence and drug use 
     among this country's youth, with necessary adherence to 
     budget guidelines and proven program effectiveness;
       (3) the Federal Bureau of Investigation reports that 
     between 1985 and 1994, juvenile arrests for violent crime 
     increased by 75 percent nationwide;
       (4) the United States Attorney General reports that 20 
     years ago, fewer than half our cities reported gang activity 
     and now, a generation later, reasonable estimates indicate 
     that there are more than 500,000 gang members in more than 
     16,000 gangs on the streets of our cities resulting in more 
     than 580,000 gang-related crimes in 1993;
       (5) the Justice Department's Office of Juvenile Justice and 
     Delinquency Prevention reports that in 1994, law enforcement 
     agencies made over 2,700,000 arrests of persons under age 18, 
     with juveniles accounting for 19 percent of all violent crime 
     arrests across the country;
       (6) the Congressional Task Force on National Drug Policy 
     recently set forth a series of recommendations for 
     strengthening the criminal justice and law enforcement 
     effort, including domestic prevention efforts reinforcing the 
     idea that prevention begins at home;
       (7) the Office of National Drug Control Policy reports that 
     between 1991 and 1995, marijuana use among 8th, 10th, and 
     12th graders has increased and is continuing to spiral 
     upward; and
       (8) the Center for Substance Abuse Prevention reports that 
     in 1993, substance abuse played a role in over 70 percent of 
     rapes, over 60 percent of incidents of child abuse, and 
     almost 60 percent of murders nationwide.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the function totals and aggregates underlying this 
     concurrent resolution on the budget assume that--
       (1) sufficient funding should be provided to programs of 
     proven program effectiveness which assist youth at risk to 
     reduce illegal drug use and the incidence of youth crime and 
     violence;
       (2) priority should be given to determine ``what works'' 
     through scientifically recognized, independent evaluations of 
     existing  programs to maximize the Federal investment and 
     efforts should be made to reform those programs of no proven 
     benefit;
       (3) efforts should be made to ensure coordination and 
     eliminate duplication among federally supported at-risk youth 
     programs; and
       (4) special efforts should be made to increase successful 
     interdiction of the flow of illegal drugs into the United 
     States and into communities nationwide.

     SEC. 424. SENSE OF THE SENATE ON LONG-TERM TRENDS IN BUDGET 
                   ESTIMATES.

       It is the sense of the Senate that--
       (1) the report accompanying a concurrent resolution on the 
     budget should include an analysis, prepared after 
     consultation with the Director of the Congressional Budget 
     Office, of the concurrent resolution's impact on likely 
     budgetary trends during the next 30 fiscal years; and
       (2) the President should include in his budget each year, 
     an analysis of the budget's impact on revenues and outlays 
     for entitlements for the period of 30 fiscal years, and that 
     the President should also include likely budgetary trends 
     during the next 30 fiscal years, and that the President 
     should also include generational accounting information each 
     year in the President's budget.

     SEC. 425. SENSE OF THE SENATE ON REPEAL OF THE GAS TAX.

       (a) Findings.--The Senate finds that--
       (1) the President originally proposed a $72,000,000,000 
     energy excise tax (the so-called BTU tax) as part of the 
     Omnibus Budget Reconciliation Act of 1993 (OBRA 93) which 
     included a new tax on transportation fuels;
       (2) in response to opposition in the Senate to the BTU tax, 
     the President and Congress adopted instead a new 4.3 cents 
     per gallon transportation fuels tax as part of OBRA 93, which 
     represented a 30 percent increase in the existing motor fuels 
     tax;
       (3) the OBRA 93 transportation fuels tax has cost American 
     motorists an estimated $14,000,000,000 to $15,000,000,000 
     since it went into effect on October 1, 1993;
       (4) the OBRA 93 transportation fuels tax is regressive, 
     creating a larger financial impact on lower and middle income 
     motorists than on upper income motorists;
       (5) the OBRA 93 transportation fuels tax imposes a 
     disproportionate burden on rural citizens who do not have 
     access to public transportation services, and who must rely 
     on their automobiles and drive long distances, to work, to 
     shop, and to receive medical care;
       (6) the average American faces a substantial tax burden, 
     and the increase of this tax burden through the OBRA 93 
     transportation fuels tax represented and continues to 
     represent an inappropriate and unwarranted means of reducing 
     the Nation's budget deficit;
       (7) retail gasoline prices in the United States have 
     increased an average of 19 cents per gallon since the 
     beginning of the year to the highest level since the Persian 
     Gulf War, and the OBRA 93 transportation fuels tax 
     exacerbates the impact of this price increase on consumers;
       (8) continuation of the OBRA 93 transportation fuels tax 
     will exacerbate the impact on

[[Page H6018]]

     consumers of any future gasoline price spikes that result 
     from market conditions; and
       (9) the fiscal year 1997 budget resolution will assume a 
     net tax cut totaling $122,000,000,000 over six years, which 
     exceeds the revenue impact of a repeal of the OBRA 93 
     transportation fuels tax, and will establish a reserve fund 
     which may be used to provide other forms of tax relief, 
     including relief from the OBRA 93 transportation fuels tax, 
     on a deficit neutral basis.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the revenue levels and procedures in this resolution 
     provide that--
       (1) Congress and the President should immediately approve 
     legislation to repeal the 4.3 cents per gallon transportation 
     fuels tax contained in the Omnibus Budget Reconciliation Act 
     of 1993 through the end of 1996;
       (2) Congress and the President should approve, through the 
     fiscal year 1997 budget process, legislation to permanently 
     repeal the 4.3 cents per gallon transportation fuels tax 
     contained in the Omnibus Budget Reconciliation Act of 1993; 
     and
       (3) the savings generated by the repeal of the 4.3 cents 
     per gallon transportation fuels tax contained in OBRA 93 
     should be fully passed on to consumers.

     SEC. 426. SENSE OF THE SENATE REGARDING THE USE OF BUDGETARY 
                   SAVINGS.

       (a) Findings.--The Senate finds that--
       (1) in August of 1994, the Bipartisan Commission on 
     Entitlement and Tax Reform issued an Interim Report to the 
     President, which found that, ``To ensure that today's debt 
     and spending commitments do not unfairly burden America's 
     children, the Government must act now. A bipartisan coalition 
     of Congress, led by the President, must resolve the long-term 
     imbalance between the Government's entitlement promises and 
     the funds it will have available to pay for them'';
       (2) unless Congress and the President act together in a 
     bipartisan way, overall Federal spending is projected by the 
     Commission to rise from the current level of slightly over 22 
     percent of the Gross Domestic Product of the United States 
     (hereafter in this section referred as ``GDP'') to over 37 
     percent of GDP by the year 2030;
       (3) the source of that growth is not domestic discretionary 
     spending, which is approximately the same portion of GDP now 
     as it was in 1969, the last time at which the Federal budget 
     was in balance;
       (4) mandatory spending was only 29.6 percent of the Federal 
     budget in 1963, but is estimated to account for 72 percent of 
     the Federal budget in the year 2003;
       (5) social security, medicare and medicaid, together with 
     interest on the national debt, are the largest sources of the 
     growth of mandatory spending;
       (6) ensuring the long-term future of the social security 
     system is essential to protecting the retirement security of 
     the American people;
       (7) the Social Security Trust Fund is projected to begin 
     spending more than it takes in by approximately the year 
     2013, with Federal budget deficits rising rapidly thereafter 
     unless appropriate policy changes are made;
       (8) ensuring the future of medicare and medicaid is 
     essential to protecting access to high-quality health care 
     for senior citizens and poor women and children;
       (9) Federal health care expenses have been rising at double 
     digit rates, and are projected to triple to 11 percent of GDP 
     by the year 2030 unless appropriate policy changes are made; 
     and
       (10) due to demographic factors, Federal health care 
     expenses are projected to double by the year 2030, even if 
     health care cost inflation is restrained after 1999, so that 
     costs for each person of a given age grow no faster than the 
     economy.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that budget savings in the mandatory spending area should be 
     used--
       (1) to protect and enhance the retirement security of the 
     American people by ensuring the long-term future of the 
     social security system;
       (2) to protect and enhance the health care security of 
     senior citizens and poor Americans by ensuring the long-term 
     future of Medicare and Medicaid; and
       (3) to restore and maintain Federal budget discipline, to 
     ensure that the level of private investment necessary for 
     long-term economic growth and prosperity is available.

     SEC. 427. SENSE OF THE SENATE REGARDING THE TRANSFER OF 
                   EXCESS GOVERNMENT COMPUTERS TO PUBLIC SCHOOLS.

       (a) Assumptions.--The figures contained in this resolution 
     are based on the following assumptions:
       (1) America's children must obtain the necessary skills and 
     tools needed to succeed in the technologically advanced 21st 
     century;
       (2) Executive Order 12999 outlines the need to make modern 
     computer technology an integral part of every classroom, 
     provide teachers with the professional development they need 
     to use new technologies effectively, connect classrooms to 
     the National Information Infrastructure, and encourage the 
     creation of excellent education software;
       (3) many private corporations have donated educational 
     software to schools, which are lacking the necessary computer 
     hardware to utilize this equipment;
       (4) current inventories of excess Federal Government 
     computers are being conducted in each Federal agency; and
       (5) there is no current communication being made between 
     Federal agencies with this excess equipment and the schools 
     in need of these computers.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the functional totals and aggregates in this budget 
     resolution assume that the General Services Administration 
     should place a high priority on facilitating direct transfer 
     of excess Federal Government computers to public schools and 
     community-based educational organizations.

     SEC. 428. SENSE OF THE SENATE ON FEDERAL RETREATS.

       It is the sense of the Senate that the assumptions 
     underlying the function totals and aggregates in this 
     resolution assume that all Federal agencies will refrain from 
     using Federal funds for expenses incurred during training 
     sessions or retreats off Federal property, unless Federal 
     property is not available.

     SEC. 429. SENSE OF THE SENATE REGARDING THE ESSENTIAL AIR 
                   SERVICE PROGRAM OF THE DEPARTMENT OF 
                   TRANSPORTATION.

       (a) Findings.--The Senate finds that--
       (1) the essential air service program of the Department of 
     Transportation under subchapter II of chapter 417 of title 
     49, United States Code--
       (A) provides essential airline access to isolated rural 
     communities across the United States;
       (B) is necessary for the economic growth and development of 
     rural communities;
       (C) connects small rural communities to the national air 
     transportation system of the United States;
       (D) is a critical component of the national transportation 
     system of the United States; and
       (E) provides air service to 108 communities in 30 States; 
     and
       (2) the National Commission to Ensure a Strong Competitive 
     Airline Industry established under section 204 of the Airport 
     and Airway Safety, Capacity, Noise Improvement, and 
     Intermodal Transportation Act of 1992 recommended maintaining 
     the essential air service program with a sufficient level of 
     funding to continue to provide air service to small 
     communities.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the essential air service program of the Department of 
     Transportation under subchapter II of chapter 417 of title 
     49, United States Code, should receive a sufficient level of 
     funding to continue to provide air service to small rural 
     communities that qualify for assistance under the program.

     SEC. 430. SENSE OF THE SENATE REGARDING EQUAL RETIREMENT 
                   SAVINGS FOR HOMEMAKERS.

       (a) Findings.--The Senate finds that the assumptions of 
     this budget resolution take into account that--
       (1) by teaching and feeding our children and caring for our 
     elderly, American homemakers are an important, vital part of 
     our society;
       (2) homemakers retirement needs are the same as all 
     Americans, and thus they need every opportunity to save and 
     invest for retirement;
       (3) because they are living on a single income, homemakers 
     and their spouses often have less income for savings;
       (4) individual retirement accounts are provided by Congress 
     in the Internal Revenue Code to assist Americans for 
     retirement savings;
       (5) currently, individual retirement accounts permit 
     workers other than homemakers to make deductible 
     contributions of $2,000 a year, but limit homemakers to 
     deductible contributions of $250 a year;
       (6) limiting homemakers individual retirement account 
     contributions to an amount less than the contributions of 
     other workers discriminates against homemakers.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the revenue level assumed in this budget resolution 
     provides for legislation to make individual retirement 
     account deductible contribution limits for homemakers equal 
     to the individual retirement account deductible contribution 
     limits for all other American workers, and that Congress and 
     the President should immediately approve such legislation in 
     the appropriate reconciliation vehicle.

     SEC. 431. SENSE OF THE SENATE ON THE NATIONAL INSTITUTES OF 
                   HEALTH FUNDING FOR ANTI-ADDICTION DRUGS.

       It is the sense of the Senate that amounts appropriated for 
     the National Institutes of Health should provide funding for 
     additional research on an anti-addiction drug to block the 
     craving for illicit addictive substances.

     SEC. 432. SENSE OF THE SENATE REGARDING THE EXTENSION OF THE 
                   EMPLOYER EDUCATION ASSISTANCE EXCLUSION UNDER 
                   SECTION 127 OF THE INTERNAL REVENUE CODE OF 
                   1986.

       (a) Findings.--The Senate finds that--
       (1) since 1978, over 7,000,000 American workers have 
     benefited from the employer education assistance exclusion 
     under section 127 of the Internal Revenue Code of 1986 by 
     being able to improve their education and acquire new skills 
     without having to pay taxes on the benefit;
       (2) American companies have benefited by improving the 
     education and skills of their employees who in turn can 
     contribute more to their company;
       (3) the American economy becomes more globally competitive 
     because an educated workforce is able to produce more and to 
     adapt more rapidly to changing technologies;
       (4) American companies are experiencing unprecedented 
     global competition and the value and necessity of life-long 
     education for their employees has increased;
       (5) the employer education assistance exclusion was first 
     enacted in 1978;
       (6) the exclusion has been extended 7 previous times;
       (7) the last extension expired December 31, 1994; and
       (8) the exclusion has received broad bipartisan support.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the revenue level assumed in the Budget Resolution 
     accommodate an extension of the employer education assistance 
     exclusion under section 127 of the Internal Revenue Code of 
     1986 from January 1, 1995, through December 31, 1996.

[[Page H6019]]

     SEC. 433. SENSE OF THE SENATE REGARDING THE ECONOMIC 
                   DEVELOPMENT ADMINISTRATION PLACING HIGH 
                   PRIORITY ON MAINTAINING FIELD-BASED ECONOMIC 
                   DEVELOPMENT REPRESENTATIVES.

       (a) Findings.--The Senate makes the following findings:
       (1) The Economic Development Administration plays a crucial 
     role in helping economically disadvantaged regions of the 
     United States develop infrastructure that supports and 
     promotes greater economic activity and growth, particularly 
     in nonurban regions.
       (2) The Economic Development Administration helps to 
     promote industrial park development, business incubators, 
     water and sewer system improvements, vocational and technical 
     training facilities, tourism development strategies, 
     technical assistance and capacity building for local 
     governments, economic adjustment strategies, revolving loan 
     funds, and other projects which the private sector has not 
     generated or will not generate without some assistance from 
     the Government through the Economic Development 
     Administration.
       (3) The Economic Development Administration maintains 6 
     regional offices which oversee staff that are designated 
     field-based representatives of the Economic Development 
     Administration, and these field-based representatives provide 
     valuable expertise and counseling on economic planning and 
     development to nonurban communities.
       (4) The Economic Development Administration Regional 
     Centers are located in the urban areas of Austin, Seattle, 
     Denver, Atlanta, Philadelphia, and Chicago.
       (5) Because of a 37-percent reduction in approved funding 
     for salaries and expenses from fiscal year 1995, the Economic 
     Development Administration has initiated staff reductions 
     requiring the elimination of 8 field-based positions. The 
     field-based economic development representative positions 
     that are either being eliminated or not replaced after 
     voluntary retirement and which currently interact with 
     nonurban communities on economic development efforts cover 
     the States of New Mexico, Arizona, Nevada, North Dakota, 
     Oklahoma, Illinois, Indiana, Maine, Connecticut, Rhode 
     Island, and North Carolina.
       (6) These staff cutbacks will adversely affect States with 
     very low per-capita personal income, including New Mexico 
     which ranks 47th in the Nation in per-capita personal income, 
     Oklahoma ranking 46th, North Dakota ranking 42nd, Arizona 
     ranking 35th, Maine ranking 34th, and North Carolina ranking 
     33rd.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the functional totals and aggregates underlying this 
     budget resolution assume that--
       (1) it is regrettable that the Economic Development 
     Administration has elected to reduce field-based economic 
     development representatives who are fulfilling the Economic 
     Development Administration's mission of interacting with and 
     counseling nonurban communities in economically disadvantaged 
     regions of the United States;
       (2) the Economic Development Administration should take all 
     necessary and appropriate actions to ensure that field-based 
     economic development representation receives high priority; 
     and
       (3) the Economic Development Administration should 
     reconsider the planned termination of field-based economic 
     development representatives responsible for States that are 
     economically disadvantaged, and that this reconsideration 
     take place without delay.

     SEC. 434. SENSE OF THE SENATE ON LIHEAP.

       (a) Findings--The Senate finds that:
       (1) Home energy assistance for working and low-income 
     families with children, the elderly on fixed incomes, the 
     disabled, and others who need such aid is a critical part of 
     the social safety net in cold-weather areas during the 
     winter, and a source of necessary cooling aid during the 
     summer;
       (2) LIHEAP is a highly targeted, cost-effective way to help 
     millions of low-income Americans pay their home energy bills. 
     More than two-thirds of LIHEAP-eligible households have 
     annual incomes of less than $8,000, more than one-half have 
     annual incomes below $6,000; and
       (3) LIHEAP funding has been substantially reduced in recent 
     years, and cannot sustain further spending cuts if the 
     program is to remain a viable means of meeting the home 
     heating and other energy-related needs of low-income 
     families, especially those in cold-weather States.
       (b) Sense of the Senate.--The assumptions underlying this 
     budget resolution assume that it is the sense of the Senate 
     that the funds made available for LIHEAP for fiscal year 1997 
     will be not less than the actual expenditures made for LIHEAP 
     in fiscal year 1996.

     SEC. 435. SENSE OF THE SENATE ON DAVIS-BACON.

       Notwithstanding any provision of this resolution, it is the 
     sense of the Senate that the provisions in this resolution do 
     not assume the repeal but rather reform of the Davis-Bacon 
     Act.

     SEC. 436. SENSE OF THE SENATE ON REIMBURSEMENT OF THE UNITED 
                   STATES FOR OPERATIONS SOUTHERN WATCH AND 
                   PROVIDE COMFORT.

       (a) Findings.--The Senate finds that--
       (1) as of May 1996, the United States has spent 
     $2,937,000,000 of United States taxpayer funds since the 
     conclusion of the Gulf War in 1991 for the singular purpose 
     of protecting the Kurdish and Shiite population from Iraqi 
     aggression;
       (2) the President's defense budget request for 1997 
     includes an additional $590,100,000 for Operations Southern 
     Watch and Provide Comfort, both of which are designed to 
     restrict Iraqi military aggression against the Kurdish and 
     Shiite people of Iraq;
       (3) costs for these military operations constitute part of 
     the continued budget deficit of the United States; and
       (4) United Nations Security Council Resolution 986 (1995) 
     (referred to as ``SCR 986'') would allow Iraq to sell up to 
     $1,000,000,000 in petroleum and petroleum products every 90 
     days, for an initial period of 180 days.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that the assumptions underlying the function totals and 
     aggregates in this resolution assume that--
       (1) the President should instruct the United States 
     Permanent Representative to the United Nations to ensure any 
     subsequent extension of authority beyond the 180 days 
     originally provided by SCR 986 specifically mandates and 
     authorizes the reimbursement of the United States for costs 
     associated with Operations Southern Watch and Provide Comfort 
     out of revenues generated by any sale of petroleum or 
     petroleum-related products originating from Iraq;
       (2) in the event that the United States Permanent 
     Representative to the United Nations fails to modify the 
     terms of any subsequent resolution extending the authority 
     granted by SCR 986 as called for in paragraph (1), the 
     President should reject any United Nations' action or 
     resolution seeking to extend the terms of the oil sale beyond 
     the 180 days authorized by SCR 986;
       (3) the President should take the necessary steps to ensure 
     that--
       (A) any effort by the United Nations to temporarily lift 
     the trade embargo for humanitarian purposes, specifically the 
     sale of petroleum or petroleum products, restricts all 
     revenues from such sale from being diverted to benefit the 
     Iraqi military; and
       (B) the temporary lifting of the trade embargo does not 
     encourage other countries to take steps to begin promoting 
     commercial relations with the Iraqi military in expectation 
     that sanctions will be permanently lifted; and
       (4) revenues reimbursed to the United States from the oil 
     sale authorized by SCR 986, or any subsequent action or 
     resolution, should be used to reduce the Federal budget 
     deficit.

     SEC. 437. SENSE OF THE SENATE ON SOLVENCY OF THE MEDICARE 
                   TRUST FUND.

       (a) Findings.--The Senate finds that repeal of certain 
     provisions from the Omnibus Budget Reconciliation Act of 1993 
     would move the insolvency date of the HI (Medicare) Trust 
     Fund forward by a full year.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that no provisions in this budget resolution should worsen 
     the solvency of the Medicare Trust Fund.

     SEC. 438. SENSE OF THE SENATE ON THE PRESIDENTIAL ELECTION 
                   CAMPAIGN FUND.

       It is the sense of the Senate that the assumptions 
     underlying the functional totals in this resolution assume 
     that when the Finance Committee meets its outlay and revenue 
     obligations under this resolution the committee should not 
     make any changes in the Presidential Election Campaign Fund 
     or its funding mechanism and should meet its revenue and 
     outlay targets through other programs within its 
     jurisdiction.

     SEC. 439. SENSE OF THE SENATE REGARDING THE FUNDING OF 
                   AMTRAK.

       (a) Findings.--The Senate finds that--
       (1) a capital funding stream is essential to the ability of 
     the National Rail Passenger Corporation (``Amtrak'') to 
     reduce its dependence on Federal operating support; and
       (2) Amtrak needs a secure source of financing, no less 
     favorable than provided to other modes of transportation, for 
     capital improvements.
       (b) Sense of the Senate.--It is the sense of the Senate 
     that--
       (1) revenues attributable to one-half cent per gallon of 
     the excise taxes imposed on gasoline, special motor fuel, and 
     diesel fuel from the Mass Transit Account should be dedicated 
     to a new Intercity Passenger Rail Trust Fund during the 
     period January 1, 1997, through September 30, 2001;
       (2) revenues would not be deposited in the Intercity 
     Passenger Rail Trust Fund during any fiscal year to the 
     extent that the deposit is estimated to result in available 
     revenues in the Mass Transit Account being insufficient to 
     satisfy that year's estimated appropriation levels;
       (3) monies in the Intercity Passenger Rail Trust Fund 
     should be generally available to fund, on a reimbursement 
     basis, capital expenditures incurred by Amtrak;
       (4) amounts to fund capital expenditures related to rail 
     operations should be set aside for each State that has not 
     had Amtrak service in such State for the preceding year; and
       (5) funding provided by the Intercity Passenger Rail Trust 
     Fund shall be made available subject to appropriations and 
     shall not increase mandatory spending.
       And the Senate agree to the same.

     From the Committee on the Budget, for consideration of the 
     House concurrent resolution and the Senate amendment, and 
     modifications committed to conference:

     John Kasich,
     Dave Hobson,
     Bob Walker,
     Jim Kolbe,
     Christopher Shays,
     Wally Herger,
                                Managers on the Part of the House.

     Pete V. Domenici,
     Chuck Grassley,
     Don Nickles,
     Phil Gramm,
     Christopher S. Bond,
     Slade Gorton,
                               Managers on the Part of the Senate.

       JOINT EXPLANATORY STATEMENT OF THE COMMITTEE OF CONFERENCE

       The managers on the part of the Senate and the House at the 
     conference on the disagreeing votes of the two Houses on the

[[Page H6020]]

     amendment of the Senate to the concurrent resolution (House 
     Concurrent Resolution 178), setting forth the congressional 
     budget for the United States for fiscal years 1997, 1998, 
     1999, 2000, 2001, and 2002, submit the following joint 
     statement to the House and the Senate in explanation of the 
     effect of the action agreed upon by the managers and 
     recommend in the accompanying conference report:
       The Senate amendment struck out all of the House resolution 
     after the resolving clause and inserted a substitute text.
       The House recedes from its disagreement to the amendment of 
     the Senate with an amendment which is a substitute for the 
     House resolution and the Senate amendment.

                EXPLANATION OF THE CONFERENCE AGREEMENT

            Principal Components of the Conference Agreement

       The conference agreement on the budget resolution for 
     fiscal year 1997 achieves a balanced Federal budget by 2002. 
     It calls for tax relief of $122.4 billion over 6 years, 
     principally through a $500-per-child middle-class tax credit. 
     It recommends comprehensive reform of the Nation's failed 
     welfare system, slowing the growth of Federal welfare 
     spending by $53 billion over 6 years, and restraining the 
     increase in Federal Medicaid spending by $72 billion over 6 
     years.
       The agreement also endorses comprehensive reform of the 
     Medicare program for the Nation's seniors and disabled 
     beneficiaries. Under the plan assumed in the conference 
     agreement, the solvency of the Medicare Part A [hospital 
     insurance] trust fund would be extended 10 years. Total 
     Medicare spending would increase an average of 6.2 percent a 
     year, with a 6-year spending total of $1.479 trillion. 
     Spending per beneficiary would increase, on average, from 
     $5,200 in 1996 to $7,000 in 2002. These spending levels 
     assume no increases in beneficiary copayments or deductibles.
       The conference agreement also reflects House and Senate 
     emphasis on funding national priorities such as strengthening 
     national security, enhancing benefits for the Nation's 
     veterans, boosting law enforcement and crime prevention, 
     improving education, protecting the environment and the 
     Nation's parks, advancing basic research to create new 
     knowledge, and transitioning agriculture to a more market-
     oriented system.

                          Displays and Amounts

       The contents of concurrent budget resolutions are set forth 
     in section 301(a) of the Congressional Budget Act of 1974.
       House Resolution. The House budget resolution includes all 
     of the items required as part of a concurrent budget 
     resolution under section 301(a) of the Congressional Budget 
     Act other than the spending and revenue levels for Social 
     Security (which is used to enforce a point of order 
     applicable only in the Senate).
       Senate Amendment. The Senate amendment includes all of the 
     items required under section 301(a) of the Congressional 
     Budget Act. As permitted under section 301(b) of the 
     Congressional Budget Act, section 102 of the Senate amendment 
     includes amounts of the increase in the public debt subject 
     to limitation. Section 101(1)(c) of the Senate amendment also 
     includes the total amount of revenues from payroll taxes for 
     Medicare Part A.
       Conference Agreement. The House recedes to the Senate 
     amendment.

                     Aggregates and Function Levels

                                                                    HOUSE RESOLUTION                                                                    
                                                                [In millions of dollars]                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Fiscal year--                                         
                                                                    ------------------------------------------------------------------------  1997-2002 
                                                                        1997        1998        1999        2000        2001        2002                
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total Spending:                                                                                                                                         
    On-budget................................  BA..................   1,311,284   1,357,208   1,386,338   1,428,397   1,450,450   1,497,756    8,431,433
                                               O...................   1,306,921   1,350,905   1,379,428   1,413,490   1,428,809   1,463,504    8,343,057
    Off-budget...............................  BA..................     318,579     335,264     347,616     358,261     376,514     388,716    2,124,950
                                               O...................     311,138     324,587     334,239     348,791     365,011     378,874    2,062,640
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................   1,629,863   1,692,472   1,733,954   1,786,658   1,826,964   1,886,472   10,556,383
                                               O...................   1,618,059   1,675,492   1,713,667   1,762,281   1,793,820   1,842,378   10,405,697
                                                                    ====================================================================================
Revenues:                                                                                                                                               
    On-budget................................  ....................   1,085,197   1,130,260   1,176,070   1,229,500   1,288,832   1,358,053    7,267,912
    Off-budget...............................  ....................     385,176     402,448     423,586     445,268     465,321     487,510    2,609,309
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................   1,470,373   1,532,708   1,599,656   1,674,768   1,754,153   1,845,563    9,877,221
                                                                    ====================================================================================
 Deficit/Surplus:                                                                                                                                       
    On-budget................................  ....................     221,724     220,645     203,358     183,990     139,977     105,451    1,075,145
    Off-budget...............................  ....................     -74,038     -77,861     -89,347     -96,477    -100,310    -108,636     -546,669
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................     147,686     142,784     114,011      87,513      39,667      -3,185      528,476
                                                                    ====================================================================================
 050: National Defense                                                                                                                                  
                                               BA..................     267,183     268,958     271,677     274,377     277,121     280,101    1,639,417
                                               O...................     264,846     263,618     267,049     270,841     270,025     270,122   1,606,501 
150: International Affairs                                                                                                                              
                                               BA..................      13,732      11,551      10,576      11,089      10,890      11,009       68,847
                                               O...................      14,963      13,484      12,467      11,025      10,584      10,281      72,804 
250: General Science, Space, and Technology                                                                                                             
                                               BA..................      16,537      16,428      16,313      16,159      15,934      15,602       96,973
                                               O...................      16,697      16,494      16,224      16,111      15,943      15,673      97,142 
270: Energy                                                                                                                                             
                                               BA..................       2,380       2,441       2,034       1,697       1,782       1,430       11,764
                                               O...................       2,729       2,078       1,327         815         740         231       7,920 
300: Natural Resources and Environment                                                                                                                  
                                               BA..................      20,529      18,902      19,713      18,399      18,994      18,860      115,397
                                               O...................      21,322      19,654      20,409      18,950      19,205      18,910     118,450 
350: Agriculture                                                                                                                                        
                                               BA..................      11,840      11,750      11,367      10,714       9,497       8,964       64,132
                                               O...................      10,238       9,855       9,483       8,843       7,730       7,181      53,330 
370: Commerce and Housing Credit                                                                                                                        
    On-budget................................  BA..................       7,838       9,464      10,476      12,448      11,268      11,598       63,092
                                               O...................      -2,319       5,752       6,043       7,320       7,283       7,218       31,297
    Off-budget...............................  BA..................       1,119       4,724       3,627         402       3,394           0       13,266
                                               O...................         720       1,581      -1,666        -479       1,112           0        1,268
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................       8,957      14,188      14,103      12,850      14,662      11,598       76,358
                                               O...................      -1,599       7,333       4,377       6,841       8,395       7,218      32,565 
400: Transportation                                                                                                                                     
                                               BA..................      41,737      43,541      43,961      44,103      44,531      45,045      262,918
                                               O...................      39,007      37,635      36,111      35,236      34,526      34,042     216,557 
450: Community and Regional Development                                                                                                                 
                                               BA..................       6,672       6,605       6,559       6,595       6,243       6,153       38,827
                                               O...................      10,149       8,640       7,820       7,040       6,655       6,161      46,465 
500: Education, Training, Employment, and Social Services                                                                                               
                                               BA..................      46,965      47,416      48,046      48,696      49,410      50,092      290,625
                                               O...................      49,504      48,112      47,817      48,209      48,704      49,335     291,681 
550: Health                                                                                                                                             
                                               BA..................     129,918     137,726     144,995     152,961     161,114     167,926      894,640
                                               O...................     130,276     138,064     145,168     152,890     160,789     167,476     894,663 
570: Medicare                                                                                                                                           
                                               BA..................     193,165     207,183     217,250     229,309     241,641     255,121    1,343,669
                                               O...................     191,481     205,458     214,978     227,560     239,907     252,720   1,332,104 
600: Income Security                                                                                                                                    
                                               BA..................     232,612     241,254     244,842     262,510     262,260     281,100    1,524,578
                                               O...................     240,107     244,185     251,716     263,060     265,271     277,213   1,541,552 
650: Social Security                                                                                                                                    
    On-budget................................  BA..................       7,812       8,476       9,219       9,979      10,775      11,607       57,868
                                               BA..................      10,543      11,213      11,922      12,662      13,458      14,290       74,088
    Off-budget...............................  BA..................     364,638     382,465     401,221     421,027     442,532     465,007    2,476,890
                                               O...................     357,596     374,931     393,137     412,438     433,311     455,165    2,426,578
                                                                    ------------------------------------------------------------------------------------

[[Page H6021]]

                                                                                                                                                        
      Total..................................  BA..................     372,450     390,941     410,440     431,006     453,307     476,614    2,534,758
                                               O...................     368,139     386,144     405,059     425,100     446,769     469,455   2,500,666 
700: Veterans Benefits and Services                                                                                                                     
                                               BA..................      39,117      38,458      37,712      37,713      38,002      39,713      230,715
                                               O...................      39,654      39,321      38,063      39,427      36,882      39,912     233,259 
750: Administration of Justice                                                                                                                          
                                               BA..................      22,125      22,302      23,186      23,235      20,746      20,740      132,334
                                               O...................      19,930      21,162      22,241      22,944      20,704      20,700     127,681 
800: General Government                                                                                                                                 
                                               BA..................      11,372      13,314      12,592      12,987      12,549      13,020       75,834
                                               O...................      11,747      13,640      12,928      13,364      12,454      12,321      76,454 
900: Net Interest                                                                                                                                       
    On-budget................................  BA..................     282,653     288,947     292,607     294,004     298,041     302,443    1,758,695
                                               O...................     282,653     288,947     292,607     294,004     298,041     302,443    1,758,695
    Off-budget...............................  BA..................     -40,555     -44,900     -49,690     -54,979     -60,722     -66,864     -317,710
                                               O...................     -40,555     -44,900     -49,690     -54,979     -60,722     -66,864     -317,710
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     242,098     244,047     242,917     239,025     237,319     235,579    1,440,985
                                               O...................     242,098     244,047     242,917     239,025     237,319     235,579   1,440,985 
920: Allowances                                                                                                                                         
                                               BA..................       2,671      -1,934      -2,025      -2,038      -2,026      -2,182       -7,534
                                               O...................      -1,032        -833        -183        -271      -1,770      -2,139      -6,228 
950: Offsetting Receipts                                                                                                                                
    On-budget................................  BA..................     -45,574     -35,574     -34,762     -36,540     -38,322     -40,586     -231,358
                                               O...................     -45,574     -35,574     -34,762     -36,540     -38,322     -40,586     -231,358
    Off-budget...............................  BA..................      -6,623      -7,025      -7,542      -8,189      -8,690      -9,427      -47,496
                                               O...................      -6,623      -7,025      -7,542      -8,189      -8,690      -9,427      -47,496
      Total..................................  BA..................     -52,197     -42,599     -42,304     -44,729     -47,012     -50,013     -278,854
                                               O...................     -52,197     -42,599     -42,304     -44,729     -47,012     -50,013     -278,854
--------------------------------------------------------------------------------------------------------------------------------------------------------



                                                                    SENATE AMENDMENT                                                                    
                                                                [In billions of dollars]                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Fiscal year--                                         
                                                                    ------------------------------------------------------------------------  1997-2002 
                                                                        1997        1998        1999        2000        2001        2002                
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total Spending:                                                                                                                                         
    On-budget................................  BA..................     1,321.6     1,360.9     1,391.6     1,434.7     1,455.7     1,499.1      8,463.6
                                               O...................     1,317.1     1,352.7     1,381.6     1,416.6     1,434.7     1,467.4      8,370.1
    Off-budget...............................  BA..................       318.5       335.3       347.6       358.2       376.5       388.7      2,124.8
                                               O...................       311.1       324.5       334.2       348.7       365.0       378.9      2,062.4
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     1,640.1     1,696.2     1,739.2     1,792.9     1,832.2     1,887.8     10,588.4
                                               O...................     1,628.2     1,677.2     1,715.8     1,765.3     1,799.7     1,846.3     10,432.5
                                                                    ====================================================================================
Revenues:                                                                                                                                               
    On-budget................................  ....................     1,086.2     1,129.9     1,176.1     1,229.9     1,289.6     1,359.1      7,270.8
    Off-budget...............................  ....................       385.0       402.3       423.4       445.1       465.2       487.3      2,608.3
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................     1,471.2     1,532.2     1,599.5     1,675.0     1,754.8     1,846.4      9,879.1
                                                                    ====================================================================================
Deficit/Surplus:                                                                                                                                        
    On-budget................................  ....................       230.9       222.8       205.5       186.7       145.1       108.3      1,099.3
    Off-budget...............................  ....................       -73.9       -77.8       -89.2       -96.4      -100.2      -108.4       -545.9
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................       157.0       145.0       116.3        90.3        44.9        -0.1        553.4
                                                                    ====================================================================================
050: National Defense                                                                                                                                   
                                               BA..................       265.6       267.1       269.5       271.8       274.2       276.9      1,625.1
                                               O...................       263.7       262.1       265.1       268.6       267.5       267.2      1,594.2
150: International Affairs                                                                                                                              
                                               BA..................        14.2        12.7        11.6        12.0        12.4        12.7         75.6
                                               O...................        14.9        13.6        12.6        11.4        11.5        11.5         75.5
250: General Science, Space, and Technology                                                                                                             
                                               BA..................        16.7        16.1        15.7        15.4        15.5        15.5         94.9
                                               O...................        16.8        16.3        15.9        15.5        15.5        15.5         95.5
270: Energy                                                                                                                                             
                                               BA..................         3.7         2.9         2.6         2.5         2.7         2.4         16.8
                                               O...................         3.1         2.2         1.8         1.6         1.6         1.2         11.5
300: Natural Resources and Environment                                                                                                                  
                                               BA..................        20.3        20.0        19.9        19.5        19.4        19.3        118.4
                                               O...................        21.5        20.9        20.6        20.1        19.6        19.4        122.1
350: Agriculture                                                                                                                                        
                                               BA..................        12.8        12.5        12.2        11.5        10.5        10.3         69.8
                                               O...................        11.0        10.6        10.3         9.7         8.7         8.4         58.7
370: Commerce and Housing Credit                                                                                                                        
    On-budget................................  BA..................         8.1         9.6        10.6        12.6        11.4        11.7         64.0
                                               O...................        -2.4         5.7         6.1         7.5         7.4         7.4         31.7
    Off-budget...............................  BA..................         1.1         4.7         3.6         0.4         3.4           0         13.2
                                               O...................         0.7         1.5        -1.7        -0.5         1.1           0          1.1
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................         9.2        14.3        14.2        13.0        14.8        11.7         77.2
                                               O...................        -1.7         7.2         4.4         7.0         8.5         7.4         32.8
400: Transportation                                                                                                                                     
                                               BA..................        42.6        43.3        43.8        43.5        43.7        44.0        260.9
                                               O...................        39.3        37.0        35.6        34.1        33.7        33.2        212.9
450: Community and Regional Development                                                                                                                 
                                               BA..................         9.9         6.7         6.7         6.7         6.7         6.6         43.3
                                               O...................        10.8         9.5         8.6         7.7         7.2         6.7         50.5
500: Education, Training, Employment, and Social Services                                                                                               
                                               BA..................        51.4        49.0        50.2        51.0        51.8        52.6        306.0
                                               O...................        51.5        48.9        49.4        50.2        50.9        51.7        302.6
550: Health                                                                                                                                             
                                               BA..................       132.4       137.4       144.0       152.8       160.3       167.2        894.1
                                               O...................       132.4       137.8       144.1       152.7       159.9       166.7        893.6
570: Medicare                                                                                                                                           
                                               BA..................       191.8       205.3       216.0       228.5       241.1       253.5      1,336.2
                                               O...................       190.1       203.5       213.7       226.7       239.3       251.1      1,324.4
600: Income Security                                                                                                                                    
                                               BA..................       232.4       241.9       246.5       264.6       264.1       282.8      1,532.3
                                               O...................       240.3       245.2       253.0       264.5       268.5       281.1      1,552.6
650: Social Security                                                                                                                                    
    On-budget................................  BA..................         7.8         8.5         9.2        10.0        10.8        11.6         57.9
                                               O...................        10.5        11.2        11.9        12.7        13.5        14.3         74.1
    Off-budget...............................  BA..................       364.6       382.5       401.2       421.0       442.5       465.0      2,476.8

[[Page H6022]]

                                                                                                                                                        
                                               O...................       357.6       374.9       393.1       412.4       433.3       455.2      2,426.5
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................       372.4       391.0       410.4       431.0       453.3       476.6      2,534.7
                                               O...................       368.1       386.1       405.0       425.1       446.8       469.5      2,500.6
700: Veterans Benefits and Services                                                                                                                     
                                               BA..................        39.0        38.6        38.7        38.7        38.8        39.0        232.8
                                               O...................        39.5        39.3        39.3        40.4        37.7        39.3        235.5
750: Administration of Justice                                                                                                                          
                                               BA..................        21.7        22.3        23.3        23.3        19.9        19.9        130.4
                                               O...................        20.6        21.6        22.4        23.0        19.8        19.8        127.2
800: General Government                                                                                                                                 
                                               BA..................        13.8        13.6        13.3        13.2        13.3        13.5         80.7
                                               O...................        13.7        13.6        13.3        13.1        13.2        13.3         80.2
900: Net Interest                                                                                                                                       
    On-budget................................  BA..................       282.7       289.3       293.1       294.6       298.8       303.4      1,761.9
                                               O...................       282.7       289.3       293.1       294.6       298.8       303.4      1,761.9
    Off-budget...............................  BA..................       -40.6       -44.9       -49.7       -55.0       -60.7       -66.9       -317.8
                                               O...................       -40.6       -44.9       -49.7       -55.0       -60.7       -66.9       -317.8
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................       242.1       244.4       243.4       239.6       238.1       236.5      1,444.1
                                               O...................       242.1       244.4       243.4       239.6       238.1       236.5      1,444.1
920: Allowances                                                                                                                                         
                                               BA..................        -1.6        -0.2        -0.4        -0.8        -1.2        -3.7         -7.9
                                               O...................         0.8         0.1        -0.3        -0.8        -1.1        -3.7         -5.0
950: Offsetting Receipts                                                                                                                                
    On-budget................................  BA..................       -43.7       -35.7       -34.9       -36.7       -38.5       -40.1       -229.6
                                               O...................       -43.7       -35.7       -34.9       -36.7       -38.5       -40.1       -229.6
    Off-budget...............................  BA..................        -6.6        -7.0        -7.5        -8.2        -8.7        -9.4        -47.4
                                               O...................        -6.6        -7.0        -7.5        -8.2        -8.7        -9.4        -47.4
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................       -50.3       -42.7       -42.4       -44.9       -47.2       -49.5       -277.0
                                               O...................       -50.3       -42.7       -42.4       -44.9       -47.2       -49.5       -277.0
--------------------------------------------------------------------------------------------------------------------------------------------------------



                                                              CONFERENCE AGREEMENT--TOTALS                                                              
                                                                [In millions of dollars]                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Fiscal year--                                         
                                                                    ------------------------------------------------------------------------    6-year  
                                                                        1997        1998        1999        2000        2001        2002        total   
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total Spending:                                                                                                                                         
    On-budget................................  BA..................   1,314,760   1,362,075   1,392,403   1,433,371   1,453,873   1,496,063    8,452,545
                                               O...................   1,311,011   1,354,668   1,383,872   1,416,493   1,432,423   1,462,900    8,361,367
    Off-budget...............................  BA..................     318,579     335,264     347,616     358,261     376,514     388,716    2,124,950
                                               O...................     311,138     324,587     334,239     348,791     365,011     378,874    2,062,640
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................   1,633,339   1,697,339   1,740,019   1,791,632   1,830,387   1,884,779   10,577,495
                                               O...................   1,622,149   1,679,255   1,718,111   1,765,284   1,797,434   1,841,774   10,424,007
                                                                    ====================================================================================
Reveues:                                                                                                                                                
    On-budget................................  ....................   1,083,728   1,130,269   1,177,467   1,231,178   1,290,661   1,359,046    7,272,349
    Off-budget...............................  ....................     385,010     402,282     423,420     445,102     465,155     487,344    2,608,313
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................   1,468,738   1,532,551   1,600,887   1,676,280   1,755,816   1,846,390    9,880,662
                                                                    ====================================================================================
Deficit/Surplus:                                                                                                                                        
    On-budget................................  ....................     227,283     224,399     206,405     185,315     141,762     103,854  ...........
    Off-budget...............................  ....................     -73,872     -77,695     -89,181     -96,311    -100,144    -108,470  ...........
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................     153,411     146,704     117,224      89,004      41,618      -4,616  ...........
                                                                    ====================================================================================
050: National Defense                                                                                                                                   
                                               BA..................     265,583     268,198     270,797     273,337     275,961     278,821    1,632,697
                                               O...................     264,146     263,018     266,289     269,961     269,025     268,962   1,601,401 
150: International Affairs                                                                                                                              
                                               BA..................      14,308      12,120      11,095      11,556      11,664      11,864       72,607
                                               O...................      15,201      13,519      12,520      11,235      11,022      10,896      74,393 
250: Science, Space, and Technology                                                                                                                     
                                               BA..................      16,788      16,249      16,012      15,775      15,700      15,573       96,097
                                               O...................      16,865      16,421      16,053      15,805      15,717      15,611      96,472 
270: Energy                                                                                                                                             
                                               BA..................       3,728       2,830       2,512       2,272       2,385       2,069       15,796
                                               O...................       3,080       2,328       1,758       1,351       1,329         874      10,720 
300: Natural Resources and Environment                                                                                                                  
                                               BA..................      20,879      18,862      19,787      18,604      19,170      19,098      116,400
                                               O...................      21,707      19,698      20,515      19,125      19,418      19,169     119,632 
350: Agriculture                                                                                                                                        
                                               BA..................      12,811      12,122      11,799      11,146      10,015       9,627       67,520
                                               O...................      10,985      10,220       9,898       9,268       8,229       7,822      56,422 
370: Commerce and Housing Credit                                                                                                                        
    On-budget................................  BA..................       8,186       9,561      10,575      12,543      11,363      11,695       63,923
                                               O...................      -2,307       5,746       6,109       7,414       7,377       7,312       31,651
    Off-budget...............................  BA..................       1,119       4,724       3,627         402       3,394           0       13,266
                                               O...................         720       1,581      -1,666        -479       1,112           0        1,268
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................       9,305      14,285      14,202      12,945      14,757      11,695       77,189
                                               O...................      -1,587       7,327       4,443       6,935       8,489       7,312      32,919 
400: Transportation                                                                                                                                     
                                               BA..................      42,635      43,427      43,904      43,798      44,104      44,518      262,386
                                               O...................      39,311      37,306      35,886      34,678      34,121      33,624     214,926 
450: Community and Regional Development                                                                                                                 
                                               BA..................       8,218       6,651       6,611       6,656       6,466       6,367       40,969
                                               O...................      10,321       8,982       8,111       7,267       6,819       6,334      47,834 
500: Education, Training, Employment, and Social Services                                                                                               
                                               BA..................      48,983      47,428      48,197      48,931      49,686      50,409      293,634
                                               O...................      49,964      47,758      47,761      48,319      48,953      49,629     292,384 
550: Health                                                                                                                                             
                                               BA..................     133,228     140,343     146,103     152,405     158,848     164,380      895,307
                                               O...................     133,172     140,728     146,246     152,317     158,509     163,912      894,884
570: Medicare                                                                                                                                           
                                               BA..................     192,835     207,412     218,091     230,596     243,192     253,649    1,345,775
                                               O...................     191,151     205,687     215,819     228,847     241,458     251,248   1,334,210 
600: Income Security                                                                                                                                    
                                               BA..................     230,233     241,766     246,842     265,119     264,868     283,450    1,532,278
                                               O...................     239,737     244,694     253,422     265,209     268,404     280,388   1,551,854 
650: Social Security                                                                                                                                    
    On-budget................................  BA..................       7,813       8,476       9,219       9,979      10,775      11,607       57,869

[[Page H6023]]

                                                                                                                                                        
                                               O...................      11,001      11,213      11,922      12,662      13,458      14,290       74,546
    Off-budget...............................  BA..................     364,638     382,465     401,221     421,027     442,532     465,007    2,476,890
                                               O...................     357,596     374,931     393,137     412,438     433,311     455,165    2,426,578
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     372,451     390,941     410,440     431,006     453,307     476,614    2,534,759
                                               O...................     368,597     386,144     405,059     425,100     446,769     469,455   2,501,124 
700: Veterans                                                                                                                                           
                                               BA..................      38,463      38,552      38,179      38,186      38,382      39,318      231,080
                                               O...................      39,561      39,313      38,644      39,886      37,265      39,602     234,271 
750: Administration of Justice                                                                                                                          
                                               BA..................      20,924      22,320      23,264      23,278      20,330      20,315      130,431
                                               O...................      19,540      21,397      22,331      22,966      20,281      20,267     126,782 
800: General Government                                                                                                                                 
                                               BA..................      12,353      14,097      13,288      13,609      13,262      13,209       79,818
                                               O...................      12,186      14,275      13,461      13,675      13,185      12,831      79,613 
900: Net Interest                                                                                                                                       
    On-budget................................  BA..................     282,591     289,121     292,939     294,426     298,531     302,932    1,760,540
                                               O...................     282,591     289,121     292,939     294,426     298,531     302,932    1,760,540
    Off-budget...............................  BA..................     -40,555     -44,900     -49,690     -54,979     -60,722     -66,864     -317,710
                                               O...................     -40,555     -44,900     -49,690     -54,979     -60,722     -66,864     -317,710
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     242,036     244,221     243,249     239,447     237,809     236,068    1,442,830
                                               O...................     242,036     244,221     243,249     239,447     237,809     236,068   1,442,830 
920: Allowances                                                                                                                                         
                                               BA..................        -465      -1,921      -2,084      -2,340      -2,552      -2,898      -12,260
                                               O...................      -1,867      -1,217      -1,085      -1,413      -2,401      -2,863     -10,846 
950: Undistributed Offsetting Receipts                                                                                                                  
    On-budget................................  BA..................     -45,334     -35,539     -34,727     -36,505     -38,277     -39,940     -230,322
                                               O...................     -45,334     -35,539     -34,727     -36,505     -38,277     -39,940     -230,322
    Off-budget...............................  BA..................      -6,623      -7,025      -7,542      -8,189      -8,690      -9,427      -47,496
                                               O...................      -6,623      -7,025      -7,542      -8,189      -8,690      -9,427      -47,496
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     -51,957     -42,564     -42,269     -44,694     -46,967     -49,367     -277,818
                                               O...................     -51,957     -42,564     -42,269     -44,694     -46,967     -49,367     -277,818
--------------------------------------------------------------------------------------------------------------------------------------------------------



                                                   CONFERENCE AGREEMENT COMPARED TO CURRENT LAW LEVELS                                                  
                                                                [In millions of dollars]                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Fiscal year--                                         
                                                                    ------------------------------------------------------------------------    6-year  
                                                                        1997        1998        1999        2000        2001        2002        total   
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total Spending:                                                                                                                                         
    On-budget................................  BA..................     -11,974     -25,016     -47,877     -59,217     -88,134    -109,775     -341,993
                                               O...................     -19,111     -31,617     -50,479     -67,283     -89,839    -124,249     -382,578
    Off-budget...............................  BA..................          32          31           7           0           0           0           70
                                               O...................          32          31           7           0           0           0           70
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     -11,942     -24,985     -47,870     -59,217     -88,134    -109,775     -341,923
                                               O...................     -19,079     -31,586     -50,472     -67,283     -89,839    -124,249     -382,508
                                                                    ====================================================================================
Revenues:                                                                                                                                               
    On-budget................................  ....................     -16,627     -18,280     -20,890     -20,620     -20,436     -14,849     -111,702
    Off-budget...............................  ....................           0           0           0           0           0           0            0
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................     -16,627     -18,280     -20,890     -20,620     -20,436     -14,849     -111,702
                                                                    ====================================================================================
Deficit/Surplus:                                                                                                                                        
    On-budget................................  ....................      -2,484     -13,337     -29,589     -46,663     -69,403    -109,400     -270,876
    Off-budget...............................  ....................          32          31           7           0           0           0           70
                                                                    ------------------------------------------------------------------------------------
      Total..................................  ....................      -2,452     -13,306     -29,582     -46,663     -69,403    -109,400     -270,806
                                                                    ====================================================================================
050: National Defense                                                                                                                                   
                                               BA..................       1,044       3,653       6,182       8,705      11,267      14,042       44,893
                                               O...................        -967        -530       2,222       4,128       8,490       6,446       19,789
150: International Affairs                                                                                                                              
                                               BA..................        -131      -2,091      -3,241      -3,959      -3,966      -4,046      -17,172
                                               O...................         293        -921      -2,050      -2,933      -3,334      -3,642      -12,587
250: Science, Space, and Technology                                                                                                                     
                                               BA..................         111        -429        -668        -906        -982      -1,110       -3,984
                                               O...................          44        -290        -564        -855        -965      -1,072       -3,702
270: Energy                                                                                                                                             
                                               BA..................          17        -807      -1,307      -1,494      -1,551      -1,595       -6,737
                                               O...................           8        -352      -1,021      -1,284      -1,450      -1,542       -5,641
300: Natural Resources and Environment                                                                                                                  
                                               BA..................         827      -1,036        -110      -1,168        -524        -545       -2,556
                                               O...................         114      -1,449        -270      -1,208        -517        -549       -3,879
350: Agriculture                                                                                                                                        
                                               BA..................           0        -696        -831        -936      -1,023      -1,168       -4,654
                                               O...................           0        -612        -771        -899        -993      -1,135       -4,410
370: Commerce and Housing Credit                                                                                                                        
    On-budget................................  BA..................        -164        -661        -376         883      -1,000      -1,000       -2,318
                                               O...................      -3,533          46          76       1,211         100        -893       -2,993
    Off-budget...............................  BA..................          32          31           7           0           0           0           70
                                               O...................          32          31           7           0           0           0           70
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................        -132        -630        -369         883      -1,000      -1,000       -2,248
                                               O...................      -3,501          77          83       1,211         100        -893       -2,923
400: Transportation                                                                                                                                     
                                               BA..................      -1,097      -1,292      -1,417      -2,219      -2,627      -2,941      -11,593
                                               O...................         -70      -1,613      -2,620      -3,305      -3,700      -4,154      -15,462
450: Community and Regional Development                                                                                                                 
                                               BA..................         -39      -1,601      -1,629      -1,649      -1,828      -1,815       -8,561
                                               O...................         -83        -638      -1,167      -1,595      -1,740      -1,800       -7,023
500: Education, Training, Employment, and Social Services                                                                                               
                                               BA..................      -1,084      -1,559      -1,915      -1,956      -2,063      -2,098      -10,675
                                               O...................      -1,066      -1,591      -1,867      -2,012      -2,163      -2,230      -10,929
550: Health                                                                                                                                             
                                               BA..................         653      -2,751      -8,202     -14,178     -21,467     -31,267      -77,212
                                               O...................         553      -2,497      -8,125     -14,117     -21,411     -31,207      -76,804
570: Medicare                                                                                                                                           
                                               BA..................      -6,749     -11,108     -20,597     -28,536     -38,508     -52,891     -158,389
                                               O...................      -6,756     -11,108     -20,597     -28,536     -38,508     -52,891     -158,396
600: Income Security:                                                                                                                                   
                                               BA..................      -3,911      -1,948      -6,880      -1,686      -6,687      -2,115      -23,227

[[Page H6024]]

                                                                                                                                                        
                                               O...................      -4,445      -8,362      -6,850      -6,337      -6,746      -8,142      -40,882
650: Social Security                                                                                                                                    
    On-budget................................  BA..................           1           0           0           0           0           0            1
                                               O...................         458           0           0           0           0           0          458
    Off-budget...............................  BA..................           0           0           0           0           0           0            0
                                               O...................           0           0           0           0           0           0            0
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................           1           0           0           0           0           0            1
                                               O...................         458           0           0           0           0           0          458
700: Veterans                                                                                                                                           
                                               BA..................        -132        -327      -1,914      -2,145      -2,173      -1,545       -8,236
                                               O...................        -130         108      -1,631      -2,132      -2,142      -1,623       -7,550
750: Administration of Justice                                                                                                                          
                                               BA..................       1,076       2,290       3,231       3,265         341         350       10,553
                                               O...................         297       1,784       1,737       3,008         348         358        7,532
800: General Government                                                                                                                                 
                                               BA..................         -49        -193        -959        -682      -1,072        -811       -3,766
                                               O...................          14         164        -736        -788        -988        -988       -3,322
900: Net Interest                                                                                                                                       
    On-budget................................  BA..................         -68        -478      -1,518      -3,285      -6,001     -10,217      -21,567
                                               O...................         -68        -478      -1,518      -3,285      -6,001     -10,217      -21,567
    Off-budget...............................  BA..................           0           0           0           0           0           0            0
                                               O...................           0           0           0           0           0           0            0
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................         -68        -478      -1,518      -3,285      -6,001     -10,217      -21,567
                                               O...................         -68        -478      -1,518      -3,285      -6,001     -10,217      -21,567
920: Allowances                                                                                                                                         
                                               BA..................        -465      -1,921      -2,084      -2,340      -2,552      -2,898      -12,260
                                               O...................      -1,698      -1,217      -1,085      -1,413      -2,401      -2,863      -10,677
950: Undistributed Offsetting Receipts                                                                                                                  
    On-budget................................  BA..................      -2,076      -2,061      -3,642      -4,931      -5,718      -6,105      -24,533
                                               O...................      -2,076      -2,061      -3,642      -4,931      -5,718      -6,105      -24,533
    Off-budget...............................  BA..................           0           0           0           0           0           0            0
                                               O...................           0           0           0           0           0           0            0
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................      -2,076      -2,061      -3,642      -4,931      -5,718      -6,105      -24,533
                                               O...................      -2,076      -2,061      -3,642      -4,931      -5,718      -6,105      -24,533
--------------------------------------------------------------------------------------------------------------------------------------------------------



              Discretionary and Mandatory Spending Levels

                                                      CONFERENCE AGREEMENT--DISCRETIONARY SPENDING                                                      
                                                                [In millions of dollars]                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Fiscal year--                                         
                                                                    ------------------------------------------------------------------------    6-year  
                                                                        1997        1998        1999        2000        2001        2002        total   
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total Spending:                                                                                                                                         
                                               BA..................     497,350     493,717     491,268     498,589     491,117     500,592    2,972,633
                                               O...................     538,612     526,955     525,485     525,251     516,223     514,219    3,146,745
                                                                    ====================================================================================
050: National Defense                                                                                                                                   
                                               BA..................     266,362     268,971     271,500     274,024     276,672     279,459    1,636,988
                                               O...................     264,968     263,862     267,048     270,657     269,744     269,608    1,605,887
150: International Affairs                                                                                                                              
                                               BA..................      18,236      16,060      14,977      14,281      14,264      14,175       91,993
                                               O...................      19,549      17,878      16,593      15,474      14,853      14,469       98,816
250: Science, Space, and Technology                                                                                                                     
                                               BA..................      16,748      16,208      15,969      15,731      15,655      15,527       95,838
                                               O...................      16,826      16,382      16,013      15,763      15,673      15,566       96,223
270: Energy                                                                                                                                             
                                               BA..................       5,126       3,946       4,074       3,904       3,864       3,838       24,752
                                               O...................       5,402       4,505       4,440       4,136       4,000       3,897       26,380
300: Natural Resources and Environment                                                                                                                  
                                               BA..................      20,139      19,477      19,150      18,849      18,791      18,725      115,131
                                               O...................      21,088      20,337      19,940      19,508      19,131      18,916      118,920
350: Agriculture                                                                                                                                        
                                               BA..................       3,949       3,253       3,118       3,013       2,926       2,781       19,040
                                               O...................       3,958       3,329       3,169       3,042       2,948       2,806       19,252
370: Commerce and Housing Credit                                                                                                                        
                                               BA..................       3,099       2,606       3,006       4,283       2,402       2,400       17,796
                                               O...................       2,996       2,577       2,756       3,791       2,579       2,186       16,885
400: Transportation                                                                                                                                     
                                               BA..................      13,840      12,536      12,460      11,658      11,250      10,936       72,680
                                               O...................      36,744      35,161      34,047      33,017      32,532      32,058      203,559
450: Community and Regional Development                                                                                                                 
                                               BA..................       7,926       6,364       6,336       6,316       6,137       6,150       39,229
                                               O...................      10,345       9,158       8,299       7,316       6,865       6,479       48,462
500: Education, Training, Employment, and Social Services                                                                                               
                                               BA..................      37,477      35,351      35,279      35,211      35,176      35,145      213,639
                                               O...................      38,506      35,664      35,217      35,094      35,011      34,969      214,461
550: Health                                                                                                                                             
                                               BA..................      23,169      21,875      21,774      21,718      21,659      21,559      131,754
                                               O...................      23,236      22,144      21,875      21,800      21,737      21,641      132,433
570: Medicare                                                                                                                                           
                                               BA..................       3,031       2,892       2,892       2,892       2,892       2,892       17,491
                                               O...................       3,031       2,892       2,892       2,892       2,892       2,892       17,491
600: Income Security                                                                                                                                    
                                               BA..................      27,816      35,119      31,690      38,104      33,946      40,824      207,499
                                               O...................      40,398      40,667      40,830      40,714      40,011      40,299      242,919
650: Social Security                                                                                                                                    
                                               BA..................           6           5           5           5           5           5           31
                                               O...................       3,194       2,742       2,708       2,688       2,688       2,688       16,708
700: Veterans                                                                                                                                           
                                               BA..................      18,425      18,223      17,621      17,527      17,534      18,309      107,639
                                               O...................      19,311      18,829      17,958      17,567      17,544      18,223      109,432
750: Administration of Justice                                                                                                                          
                                               BA..................      20,661      21,875      22,816      22,850      19,926      19,935      128,063
                                               O...................      19,338      21,015      21,948      22,600      19,940      19,950      124,791
800: General Government                                                                                                                                 
                                               BA..................      11,561      10,841      10,652      10,530      10,537      10,798       64,919
                                               O...................      11,372      10,993      10,798      10,569      10,442      10,402       64,576
900: Net Interest                                                                                                                                       
                                               BA..................           0           0           0           0           0           0            0
                                               O...................           0           0           0           0           0           0            0
920: Allowances                                                                                                                                         
                                               BA..................        -214      -1,885      -2,051      -2,307      -2,519      -2,866      -11,842

[[Page H6025]]

                                                                                                                                                        
                                               O...................      -1,644      -1,180      -1,046      -1,377      -2,367      -2,830      -10,444
950: Undistributed Offsetting Receipts                                                                                                                  
                                               BA..................           0           0           0           0           0           0            0
                                               O...................           0           0           0           0           0           0            0
--------------------------------------------------------------------------------------------------------------------------------------------------------



                                                        CONFERENCE AGREEMENT--MANDATORY SPENDING                                                        
                                                                [In millions of dollars]                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Fiscal year--                                         
                                                                    ------------------------------------------------------------------------    6-year  
                                                                        1997        1998        1999        2000        2001        2002        total   
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total Spending:                                                                                                                                         
    On-budget................................  BA..................     817,410     868,358     901,135     934,782     962,756     995,471    5,479,912
                                               O...................     772,399     827,713     858,387     891,242     916,200     948,681    5,214,622
    Off-budget...............................  BA..................     318,579     335,264     347,616     358,261     376,514     388,716    2,124,950
                                               O...................     311,138     324,587     334,239     348,791     365,011     378,874    2,062,640
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................   1,135,989   1,203,622   1,248,751   1,293,043   1,339,270   1,384,187    7,604,862
                                               O...................   1,083,537   1,152,300   1,192,626   1,240,033   1,281,211   1,327,555    7,277,262
                                                                    ====================================================================================
050: National Defense                                                                                                                                   
                                               BA..................        -779        -773        -703        -687        -711        -638       -4,291
                                               O...................        -822        -844        -759        -696        -719        -646       -4,486
150: International Affairs                                                                                                                              
                                               BA..................      -3,928      -3,940      -3,882      -2,725      -2,600      -2,311      -19,386
                                               O...................      -4,348      -4,359      -4,073      -4,239      -3,831      -3,573      -24,423
250: Science, Space, and Technology                                                                                                                     
                                               BA..................          40          41          43          44          45          46          259
                                               O...................          39          39          40          42          44          45          249
270: Energy                                                                                                                                             
                                               BA..................      -1,398      -1,116      -1,562      -1,632      -1,479      -1,769       -8,956
                                               O...................      -2,322      -2,177      -2,682      -2,785      -2,671      -3,023      -15,660
300: Natural Resources and Environment                                                                                                                  
                                               BA..................         740        -615         637        -245         379         373        1,269
                                               O...................         619        -639         575        -383         287         253          712
350: Agriculture                                                                                                                                        
                                               BA..................       8,862       8,869       8,681       8,133       7,089       6,846       48,480
                                               O...................       7,027       6,891       6,729       6,226       5,281       5,016       37,170
370: Commerce and Housing Credit                                                                                                                        
    On-budget................................  BA..................       5,094       6,955       7,569       8,260       8,961       9,295       46,134
                                               O...................      -5,297       3,169       3,353       3,623       4,798       5,126       14,772
    Off-budget...............................  BA..................       1,119       4,724       3,627         402       3,394           0       13,266
                                               O...................         720       1,581      -1,666        -479       1,112           0        1,268
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................       6,213      11,679      11,196       8,662      12,355       9,295       59,400
                                               O...................      -4,577       4,750       1,687       3,144       5,910       5,126       16,040
400: Transportation                                                                                                                                     
                                               BA..................      28,795      30,891      31,444      32,140      32,854      33,582      189,706
                                               O...................       2,567       2,145       1,839       1,661       1,589       1,566       11,367
450: Community and Regional Development                                                                                                                 
                                               BA..................         292         287         275         340         329         217        1,740
                                               O...................         -24        -176        -188         -49         -46        -145         -628
500: Education, Training, Employment, and Social Services                                                                                               
                                               BA..................      11,506      12,077      12,918      13,720      14,510      15,264       79,995
                                               O...................      11,458      12,094      12,544      13,225      13,942      14,660       77,923
550: Health                                                                                                                                             
                                               BA..................     110,059     118,468     124,329     130,687     137,189     142,821      763,553
                                               O...................     109,936     118,584     124,371     130,517     136,772     142,271      762,451
570: Medicare                                                                                                                                           
                                               BA..................     189,804     204,520     215,199     227,704     240,300     250,757    1,328,284
                                               O...................     188,120     202,795     212,927     225,955     238,566     248,356    1,316,719
600: Income Security                                                                                                                                    
                                               BA..................     202,417     206,647     215,152     227,015     230,922     242,626    1,324,779
                                               O...................     199,339     204,027     212,592     224,495     228,393     240,089    1,308,935
650: Social Security                                                                                                                                    
    On-budget................................  BA..................       7,807       8,471       9,214       9,974      10,770      11,602       57,838
                                               O...................       7,807       8,471       9,214       9,974      10,770      11,602       57,838
    Off-budget...............................  BA..................     364,638     382,465     401,221     421,027     442,532     465,007    2,476,890
                                               O...................     357,596     374,931     393,137     412,438     433,311     455,165    2,426,578
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     372,445     390,936     410,435     431,001     453,302     476,609    2,534,728
                                               O...................     365,403     383,402     402,351     422,412     444,081     466,767    2,484,416
700: Veterans                                                                                                                                           
                                               BA..................      20,038      20,329      20,558      20,659      20,848      21,009      123,441
                                               O...................      20,250      20,484      20,686      22,319      19,721      21,379      124,839
750: Administration of Justice                                                                                                                          
                                               BA..................         263         445         448         428         404         380        2,368
                                               O...................         202         382         383         366         341         317        1,991
800: General Government                                                                                                                                 
                                               BA..................         792       3,256       2,636       3,079       2,725       2,411       14,899
                                               O...................         814       3,282       2,663       3,106       2,743       2,429       15,037
900: Net Interest                                                                                                                                       
    On-budget................................  BA..................     282,591     289,121     292,939     294,426     298,531     302,932    1,760,540
                                               O...................     282,591     289,121     292,939     294,426     298,531     302,932    1,760,540
    Off-budget...............................  BA..................     -40,555     -44,900     -49,690     -54,979     -60,722     -66,864     -317,710
                                               O...................     -40,555     -44,900     -49,690     -54,979     -60,722     -66,864     -317,710
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     242,036     244,221     243,249     239,447     237,809     236,068    1,442,830
                                               O...................     242,036     244,221     243,249     239,447     237,809     236,068    1,442,830
920: Allowances                                                                                                                                         
                                               BA..................        -251         -36         -33         -33         -33         -32         -418
                                               O...................        -223         -37         -39         -36         -34         -33         -402
950: Undistributed Offsetting Receipts                                                                                                                  
    On-budget................................  BA..................     -45,334     -35,539     -34,727     -36,505     -38,277     -39,940     -230,322
                                               O...................     -45,334     -35,539     -34,727     -36,505     -38,277     -39,940     -230,322
    Off-budget...............................  BA..................      -6,623      -7,025      -7,542      -8,189      -8,690      -9,427      -47,496
                                               O...................      -6,623      -7,025      -7,542      -8,189      -8,690      -9,427      -47,496
                                                                    ------------------------------------------------------------------------------------
      Total..................................  BA..................     -51,947     -42,564     -42,269     -44,694     -46,967     -49,367     -277,818
                                               O...................     -51,947     -42,564     -42,269     -44,694     -46,967     -49,367     -277,818
--------------------------------------------------------------------------------------------------------------------------------------------------------


[[Page H6026]]



                             Credit Levels

                                CREDIT LEVELS IN CONFERENCE AGREEMENT BY FUNCTION                               
                                            [In billions of dollars]                                            
----------------------------------------------------------------------------------------------------------------
                                                                 Fiscal year--                                  
                                         ------------------------------------------------------------   6-year  
                                            1997      1998      1999      2000      2001      2002       total  
----------------------------------------------------------------------------------------------------------------
Direct Loans............................    41.353    36.358    36.455    36.535    36.600    36.624     223.925
Loan Guarantees.........................   267.284   269.467   268.601   268.489   270.244   270.948   1,615.033
                                         -----------------------------------------------------------------------
050: National Defense                                                                                           
    Loan Guarantees.....................     0.800     0.200     0.192     0.187     0.185     0.183       1.747
150: International Affairs                                                                                      
    Direct Loans........................     4.333     4.342     4.358     4.346     4.395     4.387      26.161
    Loan Guarantees.....................    18.110    18.262    18.311    18.311    18.409    18.409     109.812
270: Energy                                                                                                     
    Direct Loans........................     1.033     1.039     1.045     1.036     1.000     1.031       6.184
300: Natural Resources and Environment                                                                          
    Direct Loans........................     0.037     0.041     0.038     0.038     0.038     0.038       0.230
350: Agriculture                                                                                                
    Direct Loans........................     7.794     9.346    10.743    10.736    10.595    10.570      59.784
    Loan Guarantees.....................     5.870     6.637     6.586     6.652     6.641     6.709      39.905
370: Commerce and Housing Credit                                                                                
    Direct Loans........................     1.856     1.787     1.763     1.759     1.745     1.740      10.650
    Loan Guarantees.....................   197.340   196.750   196.253   195.883   195.375   194.875   1,176.476
400: Transportation                                                                                             
    Direct Loans........................     0.015     0.015     0.015     0.015     0.015     0.015       0.090
450: Community and Regional Development                                                                         
    Direct Loans........................     1.231     1.257     1.287     1.365     1.404     1.430       7.974
    Loan Guarantees.....................     2.133     2.133     1.171     1.171     2.202     2.202      11.012
500: Education, Training, Employment, and Social Services                                                       
    Direct Loans........................    16.219    16.219    16.219    16.219    16.219    16.219      97.314
    Loan Guarantees.....................    17.469    19.760    20.854    21.589    23.319    25.085     128.076
550: Health                                                                                                     
    Loan Guarantees.....................     0.187     0.094     0.000     0.000     0.000     0.000       0.281
700: Veterans                                                                                                   
    Direct Loans........................     0.935     0.962     0.987     1.021     1.189     1.194       6.288
    Loan Guarantees.....................    26.362    25.925    25.426    24.883    24.298    23.668     150.562
950: Undistributed Offsetting Receipts                                                                          
    Direct Loans........................     7.900     1.350     0.000     0.000     0.000     0.000       9.250
----------------------------------------------------------------------------------------------------------------

                          Economic Assumptions

       Section 301(g)(2) of the Congressional Budget Act requires 
     that the joint explanatory statement accompanying a 
     conference report on a budget resolution set forth the common 
     economic assumptions upon which the joint statement and 
     conference report are based. The conference agreement is 
     based entirely on the economic forecast and projections of 
     the Congressional Budget Office, published in CBO's report to 
     the budget committees, ``The Economic and Budget Outlook: 
     Fiscal Years 1997-2006'' (May 1996). These economic 
     assumptions assume a balanced budget by 2002 and are adjusted 
     for anticipated revisions to the Consumer Price Index [CPI]. 
     The assumptions are reflected in the table below.
       House Resolution. The Bureau of Labor Statistic [BLS] has 
     announced its plans to make two technical revisions to the 
     CPI. First, the BLS rebenchmarking of the CPI is estimated by 
     CBO to reduce the growth in the CPI by 0.2 percentage points 
     a year. This comprehensive revision is to be completed by 
     1998. Second, the BLS also will incorporate improvements in 
     the CPI to remove the ``formula bias'' by June, 1996. CBO 
     estimates that this revision will reduce the growth in the 
     CPI by 0.16 percentage point a year. These revisions are 
     incorporated in the economic assumptions of the House 
     resolution.
       Senate Amendment. The assumptions of the Senate amendment 
     are identical to those of the House resolution.

       Conference Agreement. The conference agreement follows the 
     House resolution and the Senate amendment.

                                              ECONOMIC ASSUMPTIONS                                              
                                                [Calendar years]                                                
----------------------------------------------------------------------------------------------------------------
                                                      Forecast                        Projected                 
                                           1995  ---------------------------------------------------------------
                                          actual    1996     1997     1998     1999     2000     2001     2002  
----------------------------------------------------------------------------------------------------------------
Nominal GDP (billions of dollars)......    7,248    7,584    7,946    8,333    8,745    9,177    9,631    10,108
Percent change, year over year:                                                                                 
    Nominal GDP........................      4.6      4.6      4.8      4.9      4.9      4.9      4.9       4.9
    Real GDP...........................      2.0      2.0      2.0      2.1      2.2      2.2      2.2       2.2
    Chained GDP price index............      2.5      2.6      2.8      2.7      2.7      2.7      2.7       2.7
    Inflation, CPI-U...................      2.8      2.8      3.1      3.0      2.9      2.9      2.9       3.0
Percent, annual:                                                                                                
    Unemployment rate..................      5.6      5.8      6.0      6.0      6.0      6.0      6.0       6.0
    3-month Treasury Bill rate.........      5.5      4.9      4.8      4.3      3.9      3.7      3.7       3.7
    10-year Treasury Note rate.........      6.6      5.7      5.5      5.3      5.3      5.3      5.3       5.3
----------------------------------------------------------------------------------------------------------------
Source: Congressional Budget Office.                                                                            

                         Functions and Revenues


                      FUNCTION 050: NATIONAL DEFENSE

       House Resolution. The House resolution provides $267.2 
     billion in budget authority and $264.8 billion in outlays in 
     1997 for national defense. Over 6 years, the resolution 
     provides $1,639.4 billion in budget authority and $1,606.5 
     billion in outlays. The resolution assumes policies 
     consistent with those anticipated for the National Defense 
     Authorization Act of 1996. It also assumes sales from the 
     National Defense Stockpile of $79 million in 1997 and total 
     sales of $649 million over 6 years.
       Senate Amendment. The Senate amendment provides 1997 budget 
     authority of $265.6 billion and outlays of $263.7 billion. 
     For the 6-year period, the amendment calls for $1,625.0 
     billion in budget authority and $1,594.4 billion in outlays. 
     Like the House resolution, the Senate amendment assumes 
     policies consistent with those anticipated for the National 
     Defense Authorization Act of 1996 and sales from the National 
     Defense Stockpile of $79 million in 1997 and total sales of 
     $649 million over 6 years.

       Conference Agreement.--The conference agreement provides 
     $265.6 billion in budget authority and $264.1 billion in 
     outlays in 1997. Over 6 years, the resolution provides 
     $1,632.7 billion in budget authority and $1,601.4 billion in 
     outlays. The resolution assumes policies consistent with 
     those anticipated for the National Defense Authorization Act 
     of 1996. It also assumes sales from the National Defense 
     Stockpile of $79 million in 1997 and total sales of $649 
     million over 6 years.


                  FUNCTION 150: INTERNATIONAL AFFAIRS

       House Resolution.--For international affairs, the House 
     resolution calls for $13.7 billion in budget authority and 
     $15.0 billion in outlays in fiscal year 1997. Over 6 years, 
     it recommends $68.8 billion in budget authority and $72.8 
     billion in outlays. The resolution assumes the President's 
     requested cuts for the Department of State, peacekeeping 
     operations, and Foreign Military Financing [FMF] loans. It 
     anticipates that much of the United States Information Agency 
     will be gradually privatized or eliminated. It also assumes 
     that funding in the Agency for International Development will 
     continue to be reduced, and that the replenishments for 
     several multilateral development banks will soon be 
     completed. The resolution calls for

[[Page H6027]]

     maintaining funding in 1997 for export finance and trade 
     promotion programs. It recommends maintaining funding for 
     Bosnia's reconstruction through 1998, but assumes that other 
     Eastern European countries and the former Soviet Union will 
     graduate from United States aid programs.
       Senate Amendment.--The Senate amendment calls for 1997 
     budget authority of $14.2 billion and outlays of $14.9 
     billion. It recommends $75.7 billion in budget authority and 
     $75.4 billion in outlays over 6 years. The amendment assumes 
     the President's requested cuts for the Department of State, 
     the United States Information Agency, the Agency for 
     International Development, and various multilateral 
     development banks. The Senate amendment, like the House 
     resolution, recommends maintaining funding in 1997 for export 
     finance and trade promotion programs. It also shares the 
     House resolution's call for maintaining funding for Bosnia's 
     reconstruction through 1998 while assuming that other Eastern 
     European countries will graduate from United States aid 
     programs.
       Conference Agreement.--The conference agreement calls for 
     $14.3 billion in budget authority and $15.2 billion in 
     outlays in 1997. Over 6 years, it recommends $72.6 billion in 
     budget authority and $74.4 billion in outlays. The agreement 
     endorses the notion that the entire foreign affairs apparatus 
     of the United States needs to be completely reassessed. The 
     conference agreement assumes the President's reductions for 
     the Department of State. It also recognizes that changes are 
     required at the United States Information Agency, the Agency 
     for International Development, and various multilateral 
     development banks. It maintains funding in 1997 for export 
     finance and trade promotion programs. It maintains funding 
     for Bosnia's reconstruction through 1998, but assumes that 
     other countries will graduate from United States aid 
     programs.


          FUNCTION 250: GENERAL SCIENCE, SPACE, AND TECHNOLOGY

       House Resolution. The House resolution proposes 1997 budget 
     authority of $16.5 billion and outlays of $16.7 billion. It 
     calls for $97.0 billion in budget authority and $97.1 billion 
     in outlays over 6 years. The resolution assumes a 3-percent 
     annual increase for research and related activities in the 
     National Science Foundation. It emphasizes NASA's core 
     missions, but assumes savings from private operation of the 
     space shuttle. It provides resources to complete the 
     international space station. It also calls for a $6 billion 
     Mission to Planet Earth [MTPE] program, and for prioritizing 
     the Department of Energy's general science program.

       Senate Amendment. The Senate amendment calls for $16.7 
     billion in budget authority and $16.8 billion in outlays for 
     fiscal year 1997. Over 6 years, it recommends $94.9 billion 
     in budget authority and $95.6 billion in outlays. The 
     amendment assumes the same 3-percent annual increase as the 
     House resolution for research and related activities in the 
     National Science Foundation. It also assumes the President's 
     reductions to other NSF accounts. It recommends maintaining 
     the 1996 budget resolution's assumptions for NASA.

       Conference Agreement. The conference agreement calls for 
     $16.8 billion in budget authority and $16.9 billion in 
     outlays in 1997. Over 6 years, it recommends $96.1 billion in 
     budget authority and $96.5 billion in outlays. The agreement 
     retains the priority status of basic research, assuming a 3-
     percent increase for research and related activities within 
     the National Science Foundation. Relative to the Senate 
     amendment, the conference agreement provides $0.9 billion in 
     additional funds over 6 years.


                          FUNCTION 270: ENERGY

       House Resolution. For Function 270, the House resolution 
     recommends 1997 budget authority of $2.4 billion and outlays 
     of $2.7 billion. Budget authority over 6 years would be $11.8 
     billion, with outlays of $7.9 billion. The resolution calls 
     for terminating the Department of Energy [DOE]. It supports 
     basic research, such as DOE's efforts to map the human genome 
     and an expanded hydrogen energy research program. It calls 
     for eliminating further funding for various DOE-subsidized 
     energy research programs. It recommends eliminating 
     unnecessary bureaucracy in the Department of Energy, and 
     assumes the President's proposal to reduce strategic 
     petroleum reserve [SPRO] operations and maintenance funding. 
     It also assumes the President's recommendation for the Rural 
     Electrification Administration [REA]. The resolution calls 
     for authorizing DOE to lease excess SPRO storage capacity and 
     extending through 2002 the requirement that the Nuclear 
     Regulatory Commission [NRC] collect 100 percent of its budget 
     from fees assessed on the nuclear powerplants that it 
     regulates.

       Senate Amendment. The Senate amendment calls for $3.7 
     billion in fiscal year 1997 budget authority, and $3.1 
     billion in outlays. For the 6-year period, it recommends 
     $16.8 billion in budget authority and $11.5 billion in 
     outlays.
       The amendment does not assume termination of the Department 
     of Energy. But it joins in the House resolution's support for 
     science and basic research, such as DOE's efforts to map the 
     human genome. The amendment builds on the President's 
     proposals to reduce funding for the development of energy 
     technologies. It rejects the President's $33 million increase 
     for the DOE headquarters budget, and assumes reductions in 
     other DOE headquarters functions. The amendment also assumes 
     the President's proposal to reduce strategic petroleum 
     reserve [SPRO] operations and maintenance funding, and the 
     President's recommendation for the REA. It calls for 
     authorizing DOE to lease excess SPRO storage capacity and, as 
     with the House resolution, extending through 2002 the 
     requirement that the NRC collect 100 percent of its budget 
     from fees assessed on the nuclear powerplants that it 
     regulates.
       Conference Agreement. The conference committee agrees to 
     $3.7 billion in budget authority and $3.1 billion in outlays 
     in 1997. Over 6 years, it recommends $15.8 billion in budget 
     authority and $10.7 billion in outlays. The conferees agree 
     to disagree on the future status of the Department of Energy; 
     they recognize that ultimately the committees of jurisdiction 
     will determine whether the Department is or is not 
     terminated. The conference agreement supports basic science 
     and research. It calls for reducing the Department of 
     Energy's [DOE] efforts to commercialize energy technologies. 
     It rejects the President's $33 million increase for the DOE 
     headquarters' functions, and recommends reductions in DOE 
     overhead. It adopts the President's proposal to reduce the 
     strategic petroleum reserve [SPRO] operations and maintenance 
     funding. It assumes the President's recommendation for the 
     REA. The agreement resolves the differences for DOE's 
     appropriated programs by providing $24.8 billion in budget 
     authority and $26.4 billion in outlays over 6 years. Finally, 
     the resolution recommends that DOE be allowed to lease excess 
     SPRO storage capacity, and extends the requirement through 
     2002 for the NRC to collect 100 percent of its budget from 
     fees assessed on the nuclear powerplants that it regulates.


            FUNCTION 300: NATURAL RESOURCES AND ENVIRONMENT

       House Resolution. For fiscal year 1997, the House 
     resolution provides $20.5 billion in budget authority and 
     $21.3 billion in outlays. Over 6 years, the resolution 
     recommends $115.4 billion in budget authority and $118.5 
     billion in outlays. The resolution calls for priority funding 
     to address environmental concerns and to improve the quality 
     of the Nation's parks. It recommends an increase for the 
     Superfund and safe drinking water and wastewater programs of 
     the Environmental Protection Agency, as well as increases 
     each year to operate the National Park Service [NPS]. In 
     addition, the resolution would permit resource managers to 
     increase fees and retain a large portion of those fees for 
     improvements in the parks. The resolution assumes the 
     elimination of the Agricultural Conservation Program and the 
     Colorado River Basin Salinity Control Program, which were 
     subsumed in the new Environmental Quality Incentives Program 
     of the Federal Agriculture Improvement and Reform [FAIR] Act 
     of 1996. It assumes the President's recommendation to 
     terminate the international forestry program. It refocuses 
     the National Oceanic and Atmospheric Administration [NOAA] on 
     its core missions. It recommends reforms at the Bureau of 
     Reclamation and the Corps of Engineers, and reductions in 
     overhead in the Department of the Interior. It calls for 
     ending the government's involvement in the helium program and 
     reforming other minerals-related activities, and it 
     recommends refinancing of the debt of the Central Utah Water 
     Conservancy District.
       Senate Amendment. The Senate amendment assumes 1997 budget 
     authority of $20.3 billion, and outlays of $21.5 billion. It 
     calls for $118.3 billion in budget authority over 6 years and 
     $122.2 billion in outlays. The amendment shares the House 
     resolution's emphasis on the environment and the national 
     parks, calling for an increase for the Superfund and safe 
     drinking water programs of the Environmental Protection 
     Agency, and assuming full funding for the National Park 
     Service [NPS]. It further parallels the House resolution in 
     calling for the elimination of duplicative programs, such as 
     the Agricultural Conservation Program and the Colorado River 
     Basin Salinity Control Program, which were subsumed within 
     the new Environmental Quality Incentives Program of the 
     Federal Agriculture Improvement and Reform [FAIR] Act of 
     1996. It also assumes the President's recommendation to 
     terminate the international forestry program. Also like the 
     House resolution, the amendment calls for ending the 
     government's involvement in the helium program and 
     refinancing the debt of the Central Utah Water Conservancy 
     District. Finally, the Senate amendment recommends reducing 
     royalties in new oil and gas leases in water depths of more 
     than 200 meters in the Gulf Coast.
       Conference Agreement. The conference agreement calls for 
     $20.9 billion in budget authority and $21.7 billion in 
     outlays in 1997. Over 6 years, it recommends $116.4 billion 
     in budget authority and $119.6 billion in outlays. Consistent 
     with the thrusts of both the House resolution and the Senate 
     amendment, the Conference agreement provides increased 
     funding for the Superfund and safe drinking water programs of 
     the Environmental Protection Agency, and assumes an increase 
     in funding each year to fund the operations of the National 
     Park Service [NPS]. It also calls for eliminating several 
     duplicate programs that were subsumed within the new 
     Environmental Quality Incentives Program of the FAIR Act. It 
     assumes the President's recommendation to terminate the

[[Page H6028]]

     international forestry program, and ends the government's 
     involvement in the helium program. Finally, it recommends 
     refinancing of the debt of the Central Utah Water Conservancy 
     District.


                       FUNCTION 350: AGRICULTURE

       House Resolution. The House resolution calls for 1997 
     budget authority of $11.8 billion, and outlays of $10.2 
     billion, in Function 350. Over 6 years, the resolution 
     recommends $64.1 billion in budget authority and $53.3 
     billion in outlays. The resolution incorporates the 1996 farm 
     bill--the Federal Agriculture Improvement and Reform [FAIR] 
     Act--which transitions agriculture to a more market-oriented 
     system. The resolution also assumes the administrative 
     reductions included in the President's budget for the Farm 
     Service Agency; reforms of the Foreign Agricultural Service; 
     reductions in unnecessary bureaucracy in the Department of 
     Agriculture; and reforms of the Farmers Home Administration. 
     It also calls for permitting the private sector to finance 
     additional research, and reducing overhead in the Department 
     of Agriculture.

       Senate Amendment. For fiscal year 1997, the Senate 
     amendment recommends $12.8 billion in budget authority and 
     $11.0 billion in outlays. It calls for $69.7 billion in 
     budget authority and $58.6 billion in outlays over 6 years. 
     As reflected in the House resolution, the Senate amendment 
     also incorporates the 1996 FAIR Act, and assumes the 
     administrative reductions included in the President's budget 
     for the Farm Service Agency. It also assumes the President's 
     user fee proposals for the Animal and Plant Health Inspection 
     Service; Grain Inspection, Packers and Stockyards 
     Administration; and the Agricultural Marketing Service.

       Conference Agreement. The conferees agree to $12.8 billion 
     in budget authority and $11 billion in outlays in 1997 for 
     Function 350. Over 6 years, it recommends $67.5 billion in 
     budget authority and $56.4 billion in outlays. The conference 
     agreement incorporates the reforms included in the Federal 
     Agricultural Improvement and Reform [FAIR] Act, which 
     transitions agriculture to a more market-oriented system. It 
     also assumes the administrative reductions included in the 
     President's budget for the Farm Service Agency.


               FUNCTION 370: COMMERCE AND HOUSING CREDIT

       House Resolution. The House resolution recommends 1997 
     budget authority of $9.0 billion and outlays of -$1.6 
     billion. Over the 6-year budget period through 2002, it calls 
     for $76.4 billion in budget authority and $32.6 billion in 
     outlays. The resolution assumes elimination of the Department 
     of Commerce, including elimination of the Advanced Technology 
     Program [ATP], and reforms of remaining Department of 
     Commerce functions. It calls for the restructuring of Federal 
     Housing Administration [FHA] insured mortgages and 
     accommodates a cost of $383 million in 1997 associated with 
     this policy recommendation. The resolution also assumes the 
     reform of the FHA assignment program included in the Balanced 
     Budget Act of 1995 (H.R. 2491) and the recapitalization of 
     the Savings Association Insurance Fund and the extension of 
     Financing Corporation [FICO] bond obligations to all 
     institutions insured by the Federal Deposit Insurance 
     Corporation. Finally, it provides for an additional $3.1 
     billion over the next 6 years to prepare for, conduct, and 
     complete the decennial census scheduled to occur in 2000.

       Senate Amendment. The Senate amendment provides budget 
     authority of $9.2 billion in 1997 and outlays of -$1.7 
     billion. It calls for $77.3 billion in budget authority and 
     $32.9 billion in outlays over 6 years. The amendment does not 
     assume the elimination of the Department of Commerce. It 
     assumes reducing funds for certain administrative accounts, 
     and eliminating appropriations for certain expired 
     activities. It recommends the reform of the FHA assignment 
     program included in the Balanced Budget Act of 1995 (H.R. 
     2491). It also assumes the recapitalization of the Savings 
     Association Insurance Fund and the extension of Financing 
     Corporation [FICO] bond obligations to all institutions 
     insured by the Federal Deposit Insurance Corporation. 
     Finally, like the House resolution, the amendment provides 
     for an additional $3.1 billion over the next 6 years to 
     prepare for, conduct, and complete the decennial census 
     scheduled to occur in 2000.

       Conference Agreement. For fiscal year 1997, the conferees 
     assume $9.3 billion in budget authority and -$1.6 billion in 
     outlays. Over 6 years, the conference agreement assumes $77.2 
     billion in total budget authority and $32.9 billion in total 
     outlays. The conferees agree to disagree on the future status 
     of the Department of Commerce; they recognize that ultimately 
     the committees of jurisdiction will determine whether the 
     Department is or is not terminated. They assume $3.1 billion 
     over the next 6 years to fund the decennial census, and the 
     extension of patent and trademark fees. Further, the 
     conferees call for the reform of the Federal Housing 
     Administration's assignment program. The conference agreement 
     further assumes the recapitalization of the Savings 
     Association Insurance Fund and the extension of FICO bond 
     obligations to all institutions insured by the Federal 
     Deposit Insurance Corporation. These provisions were 
     originally included in the Balanced Budget Act of 1995.


                      FUNCTION 400: TRANSPORTATION

       House Resolution. For 1997, the resolution calls for $41.7 
     billion in budget authority and $39.0 billion in outlays. It 
     recommends $262.9 billion in budget authority and $216.6 
     billion in outlays over 6 years. The resolution assumes 
     phasing out Amtrak and mass transit subsidies, and 
     eliminating several outdated or unnecessary programs, 
     including the Federal Maritime Commission, the Federal 
     Aviation Administration's civil aeromedical and management 
     training programs, Intelligent Transportation Systems, and 
     the airline subsidy program. The resolution also recommends 
     the extension of vessel tonnage fees; maintaining the current 
     payment date for cost-of-living-adjustments [COLA's] for 
     Coast Guard retirees; and the elimination of the fiscal year 
     1997 installment of Intermodal Surface Transportation 
     Efficiency Act [ISTEA] demonstration projects.

       Senate Amendment. The Senate amendment recommends 1997 
     budget authority of $42.6 billion and outlays of $39.3 
     billion. It provides $260.9 billion in budget authority over 
     6 years and $212.9 billion in outlays. The amendment assumes 
     phasing out mass transit and Amtrak operating assistance and 
     adopting other Department of Transportation streamlining 
     initiatives. It also endorses the administration's 
     recommendations for reducing Federal Aviation Administration 
     facilities and equipment and Federal Transit Administration 
     discretionary grant spending. It assumes the extension of 
     vessel tonnage and emergency preparedness fees and the 
     elimination of the fiscal year 1997 installment of ISTEA 
     demonstration projects. The Senate amendment also contains 
     report language commending the Coast Guard for its 
     streamlining efforts.

       Conference Agreement. For fiscal year 1997, the conferees 
     assume $42.6 billion in budget authority and $39.3 billion in 
     outlays. Over 6 years, the conferees assume $262.4 billion in 
     total budget authority and $214.9 billion in total outlays. 
     The conferees assume these levels will be achieved through 
     various streamlining measures in the Department of 
     Transportation, and the extension of vessel tonnage fees.


            FUNCTION 450: COMMUNITY AND REGIONAL DEVELOPMENT

       House Resolution. The House resolution recommends 1997 
     budget authority of $6.7 billion and outlays of $10.1 
     billion. Over 6 years, it assumes $38.8 billion in budget 
     authority and $46.5 billion in outlays. The resolution calls 
     for creating a new Native American block grant and a rural 
     development block grant. It assumes streamlining efforts in 
     the Appalachian Regional Commission and the Economic 
     Development Administration. It also calls for focusing 
     community development programs on areas with the greatest 
     need.

       Senate Amendment. For 1997, the Senate amendment recommends 
     $9.9 billion in budget authority and $10.8 billion in 
     outlays. It calls for $43.3 billion in budget authority over 
     6 years and $50.5 billion in outlays. The amendment assumes 
     an increase in the operation of Indian programs for law 
     enforcement, child protection, housing, and welfare 
     assistance. It recommends reforms of community development 
     programs, and adopts the President's proposal to reauthorize 
     Federal Emergency Management Agency [FEMA] assessments on 
     Nuclear Regulatory Commission licensees.

       Conference Agreement. For fiscal year 1997, the conferees 
     assume $8.2 billion in budget authority and $10.3 billion in 
     outlays. They assume $41.0 billion in total budget authority 
     over 6 years, and $47.8 billion in total outlays. The 
     conferees assume extension of FEMA emergency preparedness 
     fees.


   FUNCTION 500: EDUCATION, TRAINING, EMPLOYMENT, AND SOCIAL SERVICES

       House Resolution. For fiscal year 1997, the House 
     resolution provides budget authority of $47.0 billion and 
     outlays of $49.5 billion. Over 6 years, budget authority 
     would total $290.6 billion and outlays $291.7 billion. The 
     resolution recommends that Education for the Disadvantaged 
     (Title I) be funded at $7.2 billion and the Drug Free Schools 
     Program at $440 million--the same levels provided in the 
     Balanced Budget Downpayment Act, II (H.R. 3019). It calls for 
     the elimination of Goals 2000. It also assumes passage of a 
     job training consolidation bill giving State and local 
     authorities control of job training funding. Finally, the 
     resolution assumes savings of $4.6 billion in budget 
     authority from eliminating direct lending and reducing 
     subsidies to banks and guaranty agencies.

       Senate Amendment. The Senate amendment calls for 1997 
     budget authority of $51.4 billion and outlays of $51.5 
     billion. It recommends 6-year budget authority of $306.0 
     billion and outlays of $302.7 billion. The amendment assumes 
     savings of $3.4 billion in budget authority from capping 
     direct lending volume at 20 percent and reducing subsidies to 
     banks and guaranty agencies. It also assumes $38 billion in 
     discretionary spending for fiscal year 1997, $1.7 billion 
     above the 1996 funding level.

       Conference Agreement. The conference agreement recommends 
     $49.0 billion for budget authority and $50.0 billion for 
     outlays in 1997, and 6-year totals of $293.6 billion in 
     budget authority and $292.4 billion in outlays. The agreement 
     assumes priority funding for Title 1, Special Education, 
     Impact Aid, and Pell Grants. The agreement also assumes the 
     passage of a job training consolidation bill.
       The conference agreement assumes student loan outlay 
     savings of $3.670 billion over 6 years. Conferees assume 
     these savings will be

[[Page H6029]]

     achieved without raising costs or limiting access to student 
     loans. Conferees assume that savings in the guaranteed loan 
     program will be achieved in conjunction with a cap on direct 
     lending volume.


                          FUNCTION 550: HEALTH

       House Resolution. The House resolution recommends $129.9 
     billion in budget authority and $130.3 billion in outlays in 
     fiscal year 1997. Over the 6-year period through 2002, the 
     resolution calls for $894.6 billion in budget authority and 
     $894.7 billion in outlays. The resolution assumes 
     comprehensive reform of Medicaid consistent with the 
     framework of the National Governors' Association reform plan, 
     slowing the growth of Federal Medicaid spending by $72 
     billion over 6 years. Total Federal Medicaid spending would 
     grow from $96 billion in 1996 to $140 billion in 2002. The 
     resolution also incorporates the House-passed Health Coverage 
     Availability and Affordability Act of 1996. It recommends 
     structural reform of the Food and Drug Administration, and 
     maintenance of the 1996 increases in funding for the National 
     Institutes of Health. It also accepts the administration's 
     funding for Health Care Resources and Administration, and 
     accommodates the health provisions of the new Native American 
     block grant described in Function 450. The resolution rejects 
     the administration's 25-percent cut in Centers for Disease 
     Control and Prevention. It calls for terminating the National 
     Institute for Occupational Safety and Health; consolidating 
     health data collection and analysis in the Department of 
     Health and Human Services; eliminating unnecessary funding in 
     departmental management; consolidating bureaucracy in the 
     Mine Safety and Occupational Safety and Health 
     Administrations; and reducing departmental overhead.
       Senate Amendment. For fiscal year 1997, the Senate 
     amendment recommends $132.4 billion in budget authority and 
     $132.4 billion in outlays. It calls for $894.0 billion in 
     budget authority over 6 years, and $893.7 billion in outlays. 
     Corresponding with the House resolution, the Senate amendment 
     recommends comprehensive reform of Medicaid consistent with 
     the framework of the National Governors' Association reform 
     plan, slowing the growth of Federal Medicaid spending by $72 
     billion over 6 years. Total Federal Medicaid spending would 
     grow from $96 billion in 1996 to $140 billion in 2002. The 
     Senate amendment also assumes National Institutes of Health 
     funding of $11.95 billion in budget authority through 2002. 
     Finally, it recommends priority funding for Indian Health 
     Services and local health center service sites.
       Conference Agreement.--The conference agreement provides 
     $133.2 billion in budget authority and $133.2 billion in 
     outlays in 1997, and 6-year totals of $895.3 billion in 
     budget authority and $894.9 billion in outlays. The conferees 
     firmly endorse the recomendation of both the House resolution 
     and the Senate amendment in calling for comprehensive reform 
     of Medicaid, consistent with the framework of the National 
     Governors' Association reform plan, slowing the growth of 
     Federal Medicaid spending by $72 billion over 6 years. Total 
     Federal Medicaid spending would grow from $96 billion in 1996 
     to $137 billion in 2002. The conference agreement also 
     assumes priority funding for the National Institutes of 
     Health at $11.95 billion in budget authority, and structural 
     reform of the Food and Drug Administration.


                         FUNCTION 570: MEDICARE

       House Resolution.--The comprehensive Medicare reform 
     envisioned in the House resolution assumes net 1997 Medicare 
     spending of $193.2 billion in budget authority and $191.5 
     billion in outlays. Net budget authority over 6 years would 
     total $1,343.7 billion, and outlays would be $1,332.1 
     billion. The assumed Medicare reform would slow the growth of 
     net Medicare spending by $158 billion over 6 years. Gross 6-
     year spending would be $1.479 trillion, rising from $196 
     billion in 1996 to $284 billion in 2002. The average growth 
     rate in total program spending would be 6.4 percent per year, 
     and average spending per beneficiary would rise from $5,200 
     in 1996 to $7,000 in 2002. The resolution calls for no 
     increases in Medicare beneficiary copayments or deductibles, 
     and assumes maintaining the Part B premium at 25 percent of 
     program costs while reducing the taxpayer subsidy for high-
     income beneficiaries.
       Senate Amendment.--The Senate amendment also calls for 
     comprehensive Medicare reform, assuming a plan that yields 
     net 1997 Medicare budget authority of $193.2 billion, and 
     outlays of $191.5 billion. Over 6 years, the assumed Senate 
     reform results in net budget authority of $1,335.9 billion, 
     and outlays of $1,324.3 billion. The assumed Medicare savings 
     match those of the House resolution, slowing the growth of 
     net Medicare spending by $158 billion over 6 years. Gross 6-
     year spending would be $1.459 trillion, growing from $196 
     billion in 1996 to $279 billion in 2002. The amendment 
     provides for an average growth rate in total program spending 
     of 6.1 percent per year, and the same per-beneficiary 
     spending increase as the House. The amendment makes no 
     explicit assumption about Part B premiums, but calls for Part 
     B savings consistent with the President's budget, which 
     assume retaining the premium at 25 percent of program costs.
       Conference Agreement.--Adopting the call for comprehensive 
     Medicare reform from the House resolution and the Senate 
     amendment, the conferees propose $192.8 billion in net 
     Medicare budget authority in 1997, and $191.2 billion in net 
     outlays. Over 6 years, the conference totals would be 
     $1,345.8 billion in net budget authority and $1,334.2 billion 
     in net outlays. The reform assumed in the conference 
     agreement yields gross Medicare spending of $209.1 billion in 
     1997 (an increase from $196.1 billion in 1996) and $282.1 
     billion in 2002. It assumes an average annual spending 
     increase of 6.2 percent, with a 6-year gross spending total 
     of $1.479 trillion. The conference agreement also assumes 
     that spending per beneficiary will increase from $5,200 in 
     1996 to $7,000 in 2002. These spending levels assume no 
     increases in beneficiary copayments or deductibles. They also 
     assume maintaining the Part B premium at 25 percent of 
     program costs, but reducing the taxpayer subsidy for high-
     income beneficiaries. Savings from the Part A program assumed 
     in the conference agreement will extend the solvency of the 
     Hospital Insurance Trust Fund for 10 years; savings from the 
     Part B program will be consistent with Part B program savings 
     assumed in the President's budget.


                     FUNCTION 600: INCOME SECURITY

       House Resolution.--The House resolution calls for 1997 
     budget authority of $232.6 billion and outlays of $240.1 
     billion. Over 6 years, it recommends $1,524.6 billion in 
     budget authority and $1,541.6 billion in outlays. The 
     principal policy recommendation is for comprehensive welfare 
     reform, consistent with the framework of the Conference 
     Report on the Personal Responsibility and Work Opportunity 
     Act of 1995, slowing the growth of Federal welfare spending 
     by $53 billion over 6 years. Total Federal welfare spending 
     would grow from $85 billion in 1996 to $106 billion in 2002. 
     The resolution also assumes the ``Stevens'' package of 
     retirement reforms from the Balanced Budget Act of 1995 (H.R. 
     2491): maintaining the current cost-of-living adjustment 
     [COLA] payment date for civilian retirees; increasing the 
     agency contribution to retirement for Civil Service 
     Retirement System [CSRS] employees by 1.5 percentage points; 
     and increasing employees' contributions to retirement for the 
     Federal Employees' Retirement System [FERS], CSRS, and Postal 
     Service employees by 0.5 percentage points (effective October 
     1, 1996). Congressional pension reform also is assumed. In 
     addition, the resolution calls for an open season for 
     allowing CSRS employees to convert to FERS. It assumes making 
     permanent the current ongoing roll management within the FECA 
     Federal employees' workers compensation program and 
     scheduling the payment of military retirees' cost-of-living 
     adjustments [COLA's] at the same time as those of civilian 
     Federal retirees. The resolution calls for equity in 
     unemployment insurance for persons affected by international 
     trade or who voluntarily leave the military. It assumes 
     reform of the Earned Income Credit. It also assumes renewing 
     section 8 housing contracts, but at market rents rather than 
     current, oversubsidized rents; other reforms in assisted and 
     public housing; and provisions limiting the increase of 
     annual adjustment factor reimbursements to private project 
     owners
       Senate Amendment. The Senate amendment calls for 1997 
     budget authority of $232.4 billion and outlays of $240.3 
     billion. It recommends 6-year budget authority of $1,532.3 
     billion and outlays of $1,552.6 billion. The amendment shares 
     in the House resolution's call for comprehensive reform of 
     welfare, consistent with the National Governors' Association 
     proposals, slowing the growth of Federal welfare spending by 
     $53 billion over 6 years. As with the House resolution, total 
     Federal welfare spending under the Senate amendment's 
     assumptions would grow from $85 billion in 1996 to $106 
     billion in 2002. The amendment also assumes the ``Stevens'' 
     package of retirement reforms included in the Balanced Budget 
     Act of 1995 (H.R. 2491), with agency contributions increased 
     by 1.51 percentage points. Agency and employee contribution 
     rate increases are tied to January 1 effective dates. No 
     assumptions are made regarding changes in military 
     retirement. Like the House resolution, the amendment calls 
     for equity in unemployment insurance for persons affected by 
     international trade or who voluntarily leave the military. It 
     assumes reform of the Earned Income Credit. It also assumes 
     the renewal of section 8 housing contracts--but at market 
     rents, rather than current, oversubsidized rents, and 
     provisions limiting the increase of annual adjustment factor 
     reimbursements to private project owners.
       Conference Agreement. The conference agreement assumes 
     $230.2 billion in budget authority and $239.7 billion in 
     outlays in 1997, and $1,532.3 billion in budget authority and 
     $1,551.9 billion in outlays over 6 years.
       The conference agreement assumes comprehensive welfare 
     reform, slowing the growth of Federal welfare spending by $53 
     billion over 6 years. For mandatory welfare programs within 
     Function 600, spending levels are assumed to be $81.7 billion 
     in fiscal year 1997, $97.5 billion in fiscal year 2002, and a 
     total of $529.5 billion over the 6-year period. A portion of 
     the programs affected under the welfare reform proposal 
     assumed in the resolution appear in Function 500. When those 
     are taken into account, total spending on all programs 
     affected by the welfare reform proposals in Functions 500 and 
     600 is assumed to be $576.2 billion during the period 1997 
     through 2002.
       The conference agreement rejects the administration's 
     proposed outyear cuts for the Low Income Home Energy 
     Assistance Program [LIHEAP], which reach a maximum reduction 
     of nearly $200 million in fiscal year

[[Page H6030]]

     2000. The resolution instead assumes LIHEAP funding will 
     remain at the fiscal year 1996 level through 2002.
       The conference agreement assumes reforms of the Earned 
     Income Credit [EIC] to eliminate fraud and abuse within the 
     program, to better target benefits to low-income working 
     families with children, and to coordinate the credit with the 
     $500 per child tax credit that also is assumed in this 
     budget. The outlay portion of the EIC, which appears in 
     Function 600, assumes spending of $19.2 billion in fiscal 
     year 1997, rising to $23.6 billion in fiscal year 2002. Total 
     spending on the EIC assumed in both Function 600 and revenues 
     during the period 1997-2002 is assumed to be $156.3 billion.
       The conferees also assume major proposals to strengthen the 
     integrity of Federal retirement programs. These proposals 
     include conforming pension benefits for Members of Congress 
     and congressional staff to the pension benefits available to 
     Federal employees within the executive branch, and 
     maintaining the current COLA payment date for retired Federal 
     workers as recommended by the President through 2002. 
     Additionally, Federal agency contributions to the Civil 
     Service Retirement and Disability Trust Fund [CSRDF] will be 
     increased by 1.51 percentage points for CSRS covered workers 
     beginning October 1, 1996. CSRS, FERS, and Postal Service 
     employee contributions will be increased by 0.25 percentage 
     points on January 1, 1997, by 0.15 percentage points on 
     January 1, 1998, and by 0.1 percentage points on January 1, 
     1999. Portions of those proposals also appear in Function 950 
     and Revenues.
       The conferees assume the renewal of section 8 housing 
     assistance contracts, but at market rents rather than the 
     current above-market rents. The conferees further assume 
     provisions limiting the increase of annual adjustment factor 
     reimbursements to private project owners.


                     FUNCTION 650: SOCIAL SECURITY

       House Resolution. The House resolution calls for $372.5 
     billion in 1997 budget authority and $368.1 billion in 
     outlays. Over 6 years, it assumes $2,534.8 billion in budget 
     authority and $2,500.7 billion in outlays. The resolution 
     assumes no changes from current law. Current law includes 
     recently enacted legislation that gradually raises the Social 
     Security earnings limit as called for in the Contract With 
     America Advancement Act of 1996 (H.R. 3136).
       Senate Amendment. The Senate amendment matches the House 
     resolution with regard to Social Security. It calls for 
     $372.5 billion in 1997 budget authority and $368.1 billion in 
     outlays. Over 6 years, it assumes $2,534.8 billion in budget 
     authority and $2,500.7 billion in outlays. The amendment 
     assumes no changes from current law. Current law includes 
     recently enacted legislation that gradually raises the Social 
     Security earnings limit as called for in the Contract With 
     America Advancement Act of 1996 (H.R. 3136).
       Conference Agreement. The conference agreement follows the 
     House resolution and the Senate amendment.


             FUNCTION 700: VETERANS' BENEFITS AND SERVICES

       House Resolution. The House resolution assumes $39.1 
     billion in budget authority and $39.7 billion in outlays in 
     fiscal year 1997. Over 6 years, the resolution calls for 
     $230.7 billion in budget authority and $233.3 billion in 
     outlays. The resolution provides for $10.2 billion more in 
     budget authority over 6 years than the President's budget in 
     areas such as medical care, medical research, and the VA 
     cemetery system. For fiscal year 1997, it recommends 
     approximately $100 million more for VA medical care than the 
     President. It also calls for several new initiatives: Raising 
     disabled veterans' auto allowance; improving compensation for 
     surviving spouses; extending back benefit payment limits; 
     providing a scholarship for college seniors; converting 
     certain education benefits to the Montgomery GI Bill; making 
     permanent the Alternative Teacher Certification Program; and 
     funding the Pro Bono Program at the Court of Veterans 
     Appeals.
       Senate Amendment. The Senate amendment recommends 1997 
     budget authority of $39.0 billion, and outlays of $39.5 
     billion. It calls for $232.7 billion in budget authority over 
     6 years, and $235.5 billion in outlays. The amendment calls 
     for $13 billion more in budget authority than the President's 
     budget over the next 6 years for veterans' medical care, and 
     assumes continued reform of medical care delivery. It 
     recommends $5.1 billion in savings from extending sunset 
     dates in the Omnibus Budget Reconciliation Act [OBRA] of 
     1993, repealing the Gardner and Davenport decisions, rounding 
     down compensation COLA's to the nearest whole dollar, and 
     making other small programmatic reforms.
       Conference Agreement. The conference agreement assumes 
     $38.5 billion in budget authority and $39.6 billion in 
     outlays in 1997, and $231.1 billion in budget authority and 
     $234.3 billion in outlays over 6 years. The agreement rejects 
     the administration's proposed cuts for the veterans' medical 
     care, prosthetic research, the National Cemetery System, and 
     numerous other programs for veterans. Thus, the agreement 
     calls for $10.6 billion more in budget authority over 6 years 
     than the President's budget in these and related areas. The 
     agreement assumes adoption of those savings in mandatory 
     programs agreed to with the President during budget 
     negotiations earlier this year. The agreement also assumes 
     enactment of several new initiatives: Raising disabled 
     veterans' auto allowance; improving compensation for 
     surviving spouses; extending back benefit payment limits; 
     providing a scholarship for college seniors; converting 
     certain education benefits to the Montgomery GI Bill; making 
     permanent the Alternative Teacher Certification Program; and 
     funding the Pro Bono Program at the Court of Veterans 
     Appeals.


                FUNCTION 750: ADMINISTRATION OF JUSTICE

       House Resolution. The House resolution calls for $22.1 
     billion in budget authority and $19.9 billion in outlays in 
     1997. It recommends $132.3 billion in budget authority over 6 
     years, and $127.7 billion in outlays. The resolution assumes 
     $4.7 billion in 1997 budget authority for the Violent Crime 
     Reduction Trust Fund. It provides for full funding of $699 
     million for reforms contained in the House's recently passed 
     Immigration in the National Interest Act, and full funding of 
     $229 million for the Antiterrorism and Effective Death 
     Penalty Act of 1996. The resolution also recommends 
     eliminating the political appointment process for U.S. 
     Marshals.
       Senate Amendment. For 1997, the Senate amendment recommends 
     $21.7 billion in budget authority and $20.6 billion in 
     outlays. It calls for $130.3 billion in budget authority and 
     $127.2 billion in outlays through 2002. The amendment assumes 
     full funding of $5 billion in 1997 budget authority for the 
     Violent Crime Reduction Trust Fund, and calls for eliminating 
     the political appointment process for U.S. Marshals.
       Conference Agreement. The conference agreement assumes 
     $20.9 billion in budget authority and $19.5 billion in 
     outlays in 1997, and $130.4 billion in budget authority and 
     $126.8 billion in outlays over 6 years. The conferees 
     recommend $4.7 billion in 1997 budget authority for the 
     Violent Crime Reduction Trust Fund to demonstrate the 
     continued Federal commitment to support Federal, State, and 
     local law enforcement and crime prevention efforts. The 
     conferees assume full funding for the Antiterrorism and 
     Effective Death Penalty Act of 1996. In addition, the 
     conference agreement supports the Immigration in the National 
     Interest Act and calls for sufficient funding to implement 
     the reform priorities set forth in the act.


                    FUNCTION 800: GENERAL GOVERNMENT

       House Resolution.--For Function 800, the House resolution 
     provides for 1997 budget authority of $11.4 billion and 
     outlays of $11.7 billion. Over 6 years, the resolution 
     recommends $75.8 billion in budget authority and $76.5 
     billion in outlays. The resolution calls for ending the 
     government's monopoly on printing and implementing overall 
     reform of the General Services Administration. It also 
     assumes savings from amending the McKinney Homeless 
     Assistance Act to reduce unnecessary litigation during the 
     disposal of surplus Federal property.
       Senate Amendment.--The Senate amendment recommends 1997 
     levels of $13.8 billion in budget authority and $13.7 billion 
     in outlays. It calls for 6-year budget authority of $80.7 
     billion and outlays of $80.2 billion. The amendment assumes 
     savings of $1.5 billion over 6 years on Federal courthouse 
     construction.
       Conference Agreement.--The conferees recommend $12.4 
     billion in budget authority and $12.2 billion in outlays in 
     1997, and $79.8 billion in budget authority and $79.6 billion 
     in outlays over 6 years. It also assumes savings from 
     amending the McKinney Homeless Assistance Act to reduce 
     unnecessary litigation during the disposal of surplus Federal 
     property.


                       FUNCTION 900: NET INTEREST

       House Resolution.--The House resolution assumes net 
     interest levels in 1997 of $242.1 billion in budget authority 
     and outlays. Over 6 years, net interest would be $1,441.0 
     billion in budget authority and outlays. The balanced budget 
     plan called for in the resolution is projected to reduce net 
     interest payments from $239.7 billion in 1996 to $235.6 
     billion in 2002.
       Senate Amendment.--The Senate amendment assumes $242.2 
     billion in 1997 budget authority and outlays for net 
     interest. Over 6 years, a total of $1,444.6 billion in budget 
     authority and outlays is assumed. The balanced budget plan 
     called for in the amendment is projected to reduce net 
     interest payments from $239.7 billion in 1996 to $236.6 
     billion in 2002.
       Conference Agreement.--The conference agreement assumes 
     $242.0 billion in 1997 budget authority and outlays for net 
     interest, and $1,442.8 billion in budget authority and 
     outlays over 6 years.


                        FUNCTION 920: ALLOWANCES

       House Resolution.--For 1997, the House resolution assumes 
     $2.7 billion in budget authority and -$1.0 billion in 
     outlays. It calls for -$7.5 billion in budget authority over 
     6 years, and -$6.2 billion in outlays. The resolution assumes 
     repeal of the Davis-Bacon Act and the Service Contract Act 
     and a reduction in the number of political appointees in the 
     executive branch. It calls for contracting out printing 
     orders of less than $1,000. It also recommends funding for 
     emergencies, contingent emergencies, and an anticipated 1997 
     supplemental appropriation for the Federal Emergency 
     Management Agency [FEMA]. In addition, this function reflects 
     a portion of the savings from allowing an open season for 
     Federal CSRS employees to convert to FERS. [A debt collection 
     provision identical to that in the Senate amendment in this 
     function is reflected in Function 950 of the House 
     resolution.]

[[Page H6031]]

       Senate Amendment.--The Senate amendment calls for 1997 
     budget authority of -$1.6 billion and outlays of $0.8 
     billion. Over 6 years, the amendment assumes -$8.0 billion in 
     budget authority and -$5.0 billion in outlays. The amendment 
     assumes additional savings by expanding debt collection 
     provisions in the Omnibus Consolidated Rescissions and 
     Appropriations Act (Public Law 104-134). It also assumes 
     reform of the Davis-Bacon Act and repeal of the Service 
     Contract Act.
       Conference Agreement.--The conference agreement assumes 
     -$465 million in budget authority and -$1.9 billion in 
     outlays in 1997, and -$12.3 billion in budget authority and 
     -$10.8 billion in outlays over 6 years. The conference 
     agreement assumes the additional $235 million in savings from 
     expanding debt collection provisions contained in the Omnibus 
     Consolidated Rescissions and Appropriations Act (Public Law 
     104-134).


            FUNCTION 950: UNDISTRIBUTED OFFSETTING RECEIPTS

       House Resolution.--For 1997, the House resolution assumes 
     -$52.2 billion in budget authority and outlays. It assumes 
     -$278.9 billion in budget authority and outlays over 6 years. 
     The resolution assumes an additional $235 million above the 
     Balanced Budget Downpayment Act, II level from amending debt 
     collection provisions. It also reflects in this function the 
     receipts portions of the Federal retirement provisions, 
     including the increased agency contributions and a portion of 
     the open season for CSRS employees to convert to FERS. It 
     assumes savings from enactment of the expanded spectrum 
     auction provisions included in the Balanced Budget Act of 
     1995 (H.R. 2491).
       Senate Amendment.--The Senate amendment assumes budget 
     authority and outlays of -$50.3 billion in 1997 and -$277.0 
     billion over 6 years. It assumes the increased employers' 
     share payments in Federal retirement and enactment of the 
     expanded spectrum auction provisions included in the Balanced 
     Budget Act of 1995 (H.R. 2491). [Debt collection provision 
     identical to those reflected in the House resolution in this 
     function appear in Function 920 of the Senate amendment.]
       Conference Agreement.--The conferees assume $52.0 billion 
     in budget authority and $52.0 billion in outlays in 1997. 
     Over 6 years, they assume $277.8 billion in budget authority 
     and $277.8 billion in outlays. The agreement assumes the 
     spectrum auction provision in the House resolution and the 
     Senate amendment. In addition, a portion of the Federal 
     retirement reforms discussed in Function 600 appear in 
     Function 950. Agency contributions to the Civil Service 
     Retirement and Disability Trust Fund [CSRDF] are assumed to 
     increase by 1.51 percentage points for all CSRS employees 
     beginning October 1, 1996.


                                REVENUES

       House Resolution.--The House resolution assumes $1,470.4 
     billion in revenues in 1997 and $9,877.2 billion over 6 
     years. It calls for tax relief of $123.7 billion over 6 years 
     with adoption of a permanent $500-per-child middle-class 
     family tax credit. The resolution also assumes a $5,000 tax 
     credit for adoption expenses as contained in the Adoption 
     Promotion and Stability Act of 1996 (H.R. 3286), and a repeal 
     of the President's 4.3-cent increase in the gasoline tax. It 
     allows for potential additional tax relief on a deficit-
     neutral basis by reducing business tax subsidies and 
     extending expired tax provisions. In addition, the resolution 
     calls for $9 billion in savings from the Earned Income Credit 
     [see Function 600], and assumes revenues portions of the 
     Federal retirement reforms, including the increased employee 
     contribution to the retirement trust fund [see Function 600]. 
     Finally, it calls for $1.315 billion from enactment of debt 
     collection measures.
       Senate Amendment.--The Senate amendment assumes aggregate 
     revenue levels of $1,471.2 billion in 1997 and $9,879.2 
     billion over 6 years. It calls for tax relief of $122 billion 
     over 6 years with adoption of a permanent $500-per-child 
     middle-class family tax credit. It establishes a reserve fund 
     to provide for the following: additional tax relief to 
     middle-class families and small businesses; relief from 
     gasoline taxes; and incentives for saving and investment on a 
     deficit-neutral basis. The amendment also assumes $5.5 
     billion in savings from the Earned Income Credit [see 
     Function 600] and includes in the revenues function the 
     increased employee contribution portion of the ``Stevens'' 
     package of Federal retirement reforms discussed in Function 
     600.
       Conference Agreement.--The conference agreement assumes 
     $1,468.7 billion in revenues in 1997 and $9,880.7 billion 
     over 6 years. It assumes $122.4 billion in tax relief with 
     adoption of a $500-per-child middle-class family tax credit. 
     The agreement assumes $1.315 billion in additional revenues 
     resulting from enactment of debt collection measures. The 
     revenue aggregates also reflect the revenue portion of 
     reforming the Earned Income Credit and the contribution 
     portion of the ``Stevens'' package of Federal retirement 
     reforms.

                             Reconciliation

       Under sections 301(b) and 310(a) of the Budget Act, the 
     budget resolution may include reconciliation instructions 
     directing the authorizing committees to make changes in 
     mandatory spending and revenues. The purpose of 
     reconciliation instructions, as set forth in section 310(a) 
     of the Budget Act, is to effectuate the provisions and 
     requirements of a concurrent resolution on the budget.


                               INTERVALS

       House Resolution. The House resolution provides 
     reconciliation instructions for the appropriate authorization 
     committees to achieve specified aggregate targets for fiscal 
     year 1997, fiscal year 2002, and the 6-year total for fiscal 
     years 1997 through 2002. In addition the Committees on 
     Banking and Financial Services and Government Reform and 
     Oversight have deficit reduction targets for the same 
     intervals.
       Senate Amendment. The Senate amendment provides 
     reconciliation instructions for its committees to achieve 
     savings from a baseline for fiscal year 1997 and the 6-year 
     total for fiscal years 1997 through 2002 (except for the tax 
     relief bill, which is reconciled for fiscal year 2002, and 
     the 6-year total of 1997 through 2002).

       Conference Agreement. The conference agreement provides 
     reconciliation instructions that will produce changes in 
     mandatory spending for fiscal year 1997, fiscal year 2002, 
     and the 6-year total for fiscal years 1997 through 2002. The 
     agreement provides instructions that will produce changes in 
     revenues for the 6-year total for fiscal years 1997 through 
     2002.

          DEADLINES, SUBJECT MATTER, AND COMMITTEES RECONCILED

       House Resolution. The House budget resolution establishes a 
     process for considering three separate reconciliation bills. 
     On three specified dates, the appropriate House authorizing 
     committees are instructed to submit their reconciliation 
     recommendations to the House Committee on the Budget. The 
     House Committee on the Budget will report, without 
     substantive change, three separate reconciliation bills. Each 
     of these bills will be fully privileged in the House as a 
     reconciliation bill as defined in section 310 of the 
     Congressional Budget Act.
       The deadlines, subject matter, and list of instructed 
     committees are summarized below:

       -- May 24--Welfare and Medicaid Reform. Committees 
         reconciled: Agriculture, Commerce, Economic and 
         Educational Opportunities, and Ways and Means.
       -- June 14--Medicare Preservation. Committees reconciled: 
         Commerce and Ways and Means.

       -- July 12--Tax Relief and Miscellaneous and Financial 
         Services Direct Spending Reforms. Committees reconciled: 
         Banking and Financial Services, Commerce, Economic and 
         Educational Opportunities, Government Reform and 
         Oversight, International Relations, Judiciary, National 
         Security, Resources, Science, Transportation and 
         Infrastructure, Veterans' Affairs, and Ways and Means.
       Although the House resolution does not include contingency 
     provisions comparable to the Senate amendment, the House 
     retains its prerogative to allow floor consideration of 
     subsequent reconciliation bills if one or more of the 
     reconciliation bills are vetoed.
       Senate Amendment. Section 105 of the Senate amendment 
     establishes a three-step interdependent reconciliation 
     process. The first step of this process involves reform of 
     the welfare and Medicaid programs, and the Agriculture and 
     Finance Committees are instructed to report their recommended 
     changes in law to the Senate Committee on the Budget by June 
     14, 1996. If this first reconciliation bill is enacted into 
     law, then the following committees are instructed to report 
     their recommended changes in law to the Senate Committee on 
     the Budget by July 12, 1996: Agriculture, Nutrition, and 
     Forestry; Armed Services; Banking, Housing, and Urban 
     Affairs; Commerce, Science, and Transportation; Energy and 
     Natural Resources; Environment and Public Works; Finance; 
     Governmental Affairs; Judiciary; Labor and Human Resources; 
     and Veterans' Affairs. Finally, if both the first and second 
     bills are enacted into law, the Finance Committee is 
     instructed to report to the Senate by September 18, 1996, 
     changes in law regarding reductions in revenue.
       Conference Agreement. The conference includes instructions 
     for considering three separate reconciliation bills. The 
     submission deadlines, subject matter, and reconciled 
     committees for the House are as follows:
       -- June 13, 1996--Welfare and Medicaid Reform and Tax 
         Relief. House committees reconciled: Agriculture, 
         Commerce, Economic and Educational Opportunities, and 
         Ways and Means.

       -- July 18, 1996--Medicare Preservation. House committees 
         reconciled: Commerce and Ways and Means.

       -- September 6, 1996--Tax and Miscellaneous Direct Spending 
         Reforms. House committees reconciled: Agriculture, 
         Banking and Financial Services, Commerce, Economic and 
         Educational Opportunities, Government Reform and 
         Oversight, International Relations, Judiciary, National 
         Security, Resources, Science, Transportation and 
         Infrastructure, Veterans' Affairs, and Ways and Means. 
         The amount reconciled in this third reconciliation bill 
         will reflect the full amount of any tax changes 
         reconciled pursuant to this budget resolution conference 
         report. The amount reconciled in the third reconciliation 
         bill shall be adjusted to reflect any amount of revenue 
         reduction enacted pursuant to this budget resolution 
         conference report.

[[Page H6032]]

       The House conferees note that the multi-reconciliation 
     process provides maximum flexibility to achieve the changes 
     in spending and the tax relief assumed in this conference 
     report. For example, any of the spending or revenue changes 
     assumed in the first bill could--if not enacted--be achieved 
     in the third bill. Moreover, the reconciled committees are 
     permitted to exceed the savings assumed in each of the 
     reconciliation bills. Nevertheless, the process still 
     requires reconciled committees ultimately to meet their 
     targets whether incrementally through the separate 
     reconciliation bills or solely through the third bill.
       The submission deadlines, assumed subject matter, and 
     reconciled committees for the Senate are as follows:

       -- June 21, 1996--First Reconciliation Instruction: Assumed 
         Welfare and Medicaid Reform and Miscellaneous Tax Relief. 
         Senate committees reconciled: Agriculture and Finance.

       -- July 24, 1996--Second Reconciliation Instruction: 
         Assumed Medicare Reform. Senate committee reconciled: 
         Finance.

       -- September 18, 1996--Third Reconciliation Instruction: 
         Assumed Tax Relief and Miscellaneous Direct Spending 
         Reforms. Senate committees reconciled: Agriculture, 
         Nutrition, and Forestry; Armed Services; Banking, 
         Housing, and Urban Affairs; Commerce, Science, and 
         Transportation; Energy and Natural Resources; Environment 
         and Public Works; Finance; Governmental Affairs; 
         Judiciary; Labor and Human Resources; and Veterans' 
         Affairs.

       The Senate conferees note that the Budget Act and the 
     precedents of the Senate permit a concurrent resolution on 
     the budget that includes reconciliation instructions which 
     result in more than one reconciliation bill, and which 
     includes a reconciliation instruction that standing alone 
     could increase the deficit.
       Section 310 of the Budget Act provides that reconciliation 
     instructions may appropriately be included in a budget 
     resolution. The Budget Act is silent as to the number of 
     reconciliation bills which may result from any such 
     instructions. Moreover, there is clear precedent for 
     providing for more than one reconciliation bill. This is not 
     the first time a budget resolution has done so.
       The budget resolution for fiscal year 1994 (House 
     Concurrent Resolution 64) which implemented President 
     Clinton's first budget, provided for two reconciliation 
     bills: an omnibus reconciliation bill and a debt limit bill. 
     The omnibus bill considered as a result of that budget 
     resolution contained many provisions which arguably did not 
     contribute in any way to ``deficit reduction''--notably the 
     substantial increase in spending in the Food Stamp Program 
     and the Federal purchase of all childhood vaccines.
       The budget resolution for fiscal year 1983 (Senate 
     Concurrent Resolution 92) provided for an omnibus 
     reconciliation bill and a tax reconciliation bill. The 
     omnibus bill (Public Law 97-253) resulted from instructions 
     that required Senate committees to report their recommended 
     changes by July 20, 1982. A second set of instructions 
     directed the Committee on Finance to report additional 
     changes by July 12, 1982. These additional changes became the 
     Senate's amendment to a nonreconciliation tax bill which 
     originated in the House (the Tax Equity and Fiscal 
     Responsibility Act [TEFRA], Public Law 97-248). 
     Notwithstanding the fact that TEFRA was not considered on the 
     floor of the Senate as a reconciliation bill, this was 
     clearly an example of a reconciliation instruction directed 
     at producing a separate reconciliation bill.
       Section 310(a)(2) provides that a budget resolution may 
     specify the total amount by which revenues are to be changed. 
     It is important to note that section 310 dictates neither the 
     magnitude nor direction of such changes. Thus nothing in the 
     Budget Act prohibits reconciliation instructions from 
     reducing revenues. The precedents confirm this authority. 
     This is not the first time a budget resolution has contained 
     among its reconciliation instructions an instruction for an 
     increase in the deficit. Again in House Concurrent Resolution 
     64, the budget resolution for fiscal year 1994, the House 
     Agriculture Committee was reconciled for outlay increases for 
     fiscal years 1994 through 1998. This instruction permitted 
     the House Agriculture Committee to successfully bring through 
     the conference on the reconciliation bill language which 
     substantially expanded spending in the Food Stamp Program. 
     More recently, in last year's budget resolution (House 
     Concurrent Resolution 67), the Finance Committee was 
     reconciled for revenue reduction.
       The first use of reconciliation was for legislation that 
     reduced revenues. In 1975 the applicable budget resolution 
     (House Concurrent Resolution 466) provided an instruction to 
     both Ways and Means and Finance to report legislation 
     decreasing revenues.
       Notwithstanding the fact that the authors of the 1974 
     Budget Act were neutral as to the policy objectives of 
     reconciliation, since 1975 reconciliation and reconciliation 
     legislation has been used to reduce the deficit. The Senate 
     conferees note that while this resolution includes a 
     reconciliation instruction to reduce revenues, the sum of the 
     instructions would not only reduce the deficit but would 
     result in a balanced budget by 2002.
       The Senate conferees also note that the three-bill approach 
     to reconciliation contained in this resolution provides for a 
     more thorough and orderly consideration of the issues 
     involved. It provides for extensive consideration on the 
     Senate floor of the proposal for balancing the budget by the 
     year 2002 as embodied by this budget resolution. Rather than 
     having just 20 hours of debate on a single bill and 10 hours 
     of debate on a conference report, this three-step process 
     would permit 60 hours of debate on the bills and 30 hours of 
     debate on the conference reports. In addition, in separating 
     the proposal to balance the budget into manageable issues, 
     Senators are permitted to address their specific concerns to 
     the issues contained in each bill, rather than forcing 
     Senators to vote on an ``all-or-nothing proposition.'' 
     Furthermore, the Senate conferees note that section 313 of 
     the Budget Act, known as the ``Byrd Rule,'' provides great 
     protection to the minority against extraneous matter being 
     placed in any reconciliation bill and is reinforced by a 60-
     vote margin required to waive its restrictions.
       Separate tables for the House and Senate summarize the 
     levels or amounts reconciled to each of the appropriate 
     committees are provided below:

                    RECONCILIATION BY HOUSE COMMITTEE                   
               WELFARE AND MEDICAID REFORM AND TAX RELIEF               
                    Recommendations Due June 13, 1996                   
                        [In millions of dollars]                        
------------------------------------------------------------------------
           Committee                1997          2002        1997-2002 
------------------------------------------------------------------------
Agriculture Committee: Direct                                           
 spending.....................        35,609        36,625       216,316
Commerce Committee: Direct                                              
 spending.....................       326,354       473,718     2,395,231
Economic and Educational                                                
 Opportunities Committee:                                               
 Direct spending..............        15,808        19,670       105,331
Ways and Means Committee:                                               
    Direct spending...........       381,199       563,607     2,810,569
    Revenue change............            NA            NA      -122,400
------------------------------------------------------------------------


------------------------------------------------------------------------
           Committee                1997          2002        1997-2002 
------------------------------------------------------------------------
Commerce Committee: Direct                                              
 spending.....................       319,554       420,915     2,237,231
Ways and Means Committee:                                               
 Direct spending..............       374,399       510,804     2,652,569
------------------------------------------------------------------------


------------------------------------------------------------------------
           Committee                1997          2002        1997-2002 
------------------------------------------------------------------------
Agriculture: Direct spending..        35,599        36,614       216,251
Banking and Financial                                                   
 Services:                                                              
    Direct spending...........       -12,645        -5,775       -41,639
    Deficit reduction \1\.....             0           115           305
Commerce: Direct spending.....       318,054       415,290     2,216,885
Economic and Educational                                                
 Opportunities: Direct                                                  
 spending.....................        15,025        18,963       101,660
Government Reform and                                                   
 Oversight:                                                             
    Direct spending...........        65,164        82,594       442,230
    Deficit reduction \1\.....           201           590         2,837
International Relations:                                                
 Direct spending..............        13,025        10,311        67,953
Judiciary: Direct spending....         2,784         4,586        26,482
National Security: Direct                                               
 spending.....................        39,787        49,774       271,815
Resources: Direct spending....         2,115         2,048        11,652
Science: Direct spending......            40            46           242
Transportation and                                                      
 Infrastructure: Direct                                                 
 spending.....................        18,315        18,001       107,328
Veterans' Affairs: Direct                                               
 spending.....................        21,375        22,217       130,468
Ways and Means:                                                         
    Direct spending...........       372,342       508,107     2,638,057
    Revenue change............            NA            NA   \2\-113,838
------------------------------------------------------------------------
\1\ Deficit reduction targets are in addition to and not reflected in   
  the Committee's total direct spending level.                          
\2\ The amount reconciled in the third reconciliation bill shall be     
  adjusted to reflect any amount of revenue reduction enacted pursuant  
  to this budget resolution conference report.                          


                   RECONCILIATION BY SENATE COMMITTEE                   
                          FIRST RECONCILIATION                          
                    Recommendations Due June 21, 1996                   
                        [In billions of dollars]                        
------------------------------------------------------------------------
           Committee                1997          2002        1997-2002 
------------------------------------------------------------------------
Agriculture, Nutrition and                                              
 Forestry: Direct spending....        -1.974        -5.967       -26,169
Finance:                                                                
    Direct spending...........        -0.260       -36.578       -98.321
    Revenues..................            NA            NA      -122.400
------------------------------------------------------------------------


------------------------------------------------------------------------
           Committee                1997          2002        1997-2002 
------------------------------------------------------------------------
Finance: Direct spending......        -6.800       -52.803      -158.000
------------------------------------------------------------------------


------------------------------------------------------------------------
           Committee                1997          2002        1997-2002 
------------------------------------------------------------------------
Agriculture, Nutrition and                                              
 Forestry: Direct spending....        -0.010        -0.011        -0.065
Armed Services: Direct                                                  
 spending.....................        -0.079        -0.166        -0.649
Banking, Housing and Urban                                              
 Affairs: Deficit reduction...         3.628         0.462         3.605
Commerce, Science and                                                   
 Transportation: Direct                                                 
 spending.....................            NA        -5.649       -19.396
Energy and Natural Resources:                                           
 Direct spending..............        -0.090        -0.072        -1.512
Environment and Public Works:                                           
 Direct spending..............        -0.087        -0.392        -2.184
Finance: Deficit reduction....         3.639         4.121        23.184
Governmental Affairs: Deficit                                           
 reduction....................         1.101         1.492         8.801
Judiciary: Direct spending....            NA        -0.119        -0.476
Labor and Human Resources:                                              
 Direct spending..............        -0.783        -0.707        -3.671
Veterans' Affairs: Direct                                               
 spending.....................        -0.126        -1.418        -5.271
------------------------------------------------------------------------

                         ELECTIVE OMNIBUS BILL

       House Resolution. Section 4(a)(1)(4) of the House 
     resolution provides the chairman with the discretion to 
     designate an additional submission deadline for an omnibus 
     reconciliation bill. The authority to include

[[Page H6033]]

     such a procedure is set forth in section 301(b)(4) of the 
     Budget Act, which provides that the budget resolution may 
     ``set forth such other matters, and require such other 
     procedures, relating to the budget, as may be appropriate to 
     carry out the purposes of this Act.'' This omnibus bill would 
     be fully privileged as a reconciliation bill as defined in 
     section 310 of the Budget Act.
       Although the House resolution provides for the possibility 
     of an omnibus reconciliation bill, each authorizing committee 
     is still required to meet its reconciliation targets as if 
     each of the reconciliation bills had been moved separately. 
     Committees may submit recommendations previously vetoed and 
     revise their submissions so long as they meet each of their 
     separate targets.
       Senate Amendment. The Senate amendment does not contain a 
     comparable provision.
       Conference Agreement. The House recedes to the Senate 
     amendment.

                           Budget Enforcement

       Under the Budget Act, the aggregate spending and revenue 
     levels set forth in the concurrent budget resolution and the 
     allocations in the accompanying report are enforced through 
     points of order that may be raised on the House and Senate 
     floor during the consideration of such legislation. Since the 
     Constitution reserves to the Congress the power to revise its 
     own rules, and the Budget Act specifies that the concurrent 
     budget resolution may include ``such other matters, and 
     require such other procedures, relating to the budget, as may 
     be appropriate to carry out the purposes of this Act,'' the 
     House and Senate budget resolutions include changes in 
     congressional budgetary procedures.


                              ASSET SALES

       House Resolution. Under section 5 of the House budget 
     resolution, both the proceeds and costs from asset sales are 
     included in committee allocations, counted in determining of 
     compliance with reconciliation instructions pursuant to 
     section 310 of the Budget Act, and in meeting other Budget 
     Act requirements that are enforceable in the House by points 
     of order.
       Senate Amendment. The Senate amendment includes language 
     providing that only those asset sales that contribute to 
     long-term deficit reduction shall be counted for various 
     Budget Act purposes. For the purposes of this section, the 
     long-term budgetary effects are to be calculated by 
     estimating the impact of an asset sale on a net present value 
     basis. If the asset sale would result in an increase in the 
     deficit based on this net present value analysis, then the 
     proceeds from the asset sale will not be scored for the 
     purposes of budget resolutions and the Budget Act.
       Conference Agreement. Section 302 of the conference report 
     extends to the Senate the budgetary treatment of assets set 
     forth in the House resolution. In addition, the conference 
     report includes related sense of Congress language on the 
     sale of government assets. The Senate amendment provides a 
     legitimate rule for the scoring of asset sales based on a net 
     present value analysis. The Senate amendment, however, raises 
     a number of issues with respect to the construction and 
     administration of such an analysis and rule. These issues 
     include the appropriate discount rate, the duration, and the 
     incorporation of tax proceeds that would result from private 
     ownership of an asset in such an analysis. The conferees note 
     that the Congressional Budget Office is conducting a study of 
     asset sales and believe it is appropriate to forgo 
     establishing such a rule until this study and further 
     consultations with the Congressional Budget Office and others 
     have been completed.
       The conferees are concerned about the long-term budgetary 
     impact of asset sales and do not support asset sales that 
     would cost the Federal Government money in the long run. The 
     conferees believe that the Congress should consider adoption 
     of a new scoring rule that would take into account the long-
     term budgetary impact of asset sales.


                      RESERVE FUND FOR TAX RELIEF

       House Resolution. The House budget resolution does not 
     include a reserve fund for tax relief legislation because 
     reserve funds are unnecessary in the House. Section 602(e) of 
     the Budget Act specifically exempts tax and other legislation 
     not assumed in the baseline but offset in the same or other 
     House-passed legislation (assuming such offsets are in 
     addition to amounts required by the appropriate budget 
     resolution) from sections 302(f) and 303(a) of the Budget 
     Act.
       Senate Amendment. Section 202 of the Senate amendment 
     provides for a reserve fund for the consideration of deficit-
     neutral legislation that reduces revenues. The reserve fund 
     provides the chairman of the Senate Committee on the Budget 
     with the authority to modify the binding ceiling on budget 
     authority and outlays as well as the floor on revenue for 
     such legislation.
       Under subsection (b), the budget aggregates, function 
     totals, and allocations under section 602 of the Budget Act 
     may be adjusted by the chairman of the Senate Committee on 
     the Budget to accommodate deficit-neutral tax legislation. 
     The chairman has the authority to trigger the reserve fund if 
     the revenue legislation does not increase the deficit for 
     fiscal year 1997, the period of fiscal years 1997-2001 and 
     the period of fiscal years 2002-2006.
       Conference Agreement. The House recedes to the Senate 
     amendment.


                       RESERVE FUND FOR SUPERFUND

       House Resolution. The House budget resolution does not 
     include reserve fund language for the Superfund Program. The 
     House resolution assumes $2 billion annually in discretionary 
     budget authority for the Superfund Program.
       Senate Amendment. Section 203 of the Senate amendment 
     establishes a reserve fund for legislation extending 
     Superfund taxes and making various reforms in the Superfund 
     Program. Under the Senate amendment, the chairman is 
     authorized to revise the appropriate functional levels, the 
     appropriate budget aggregates, and discretionary spending 
     limits to provide additional resources for an appropriation 
     measure that funds the Superfund Program. The adjustments are 
     limited to the net revenue increase resulting from enactment 
     of legislation that extends Superfund taxes and $898 million 
     in budget authority (along with the corresponding outlays).
       Conference Agreement. Section 304 of the conference report 
     modifies the Senate amendment to apply the Superfund reserve 
     fund in the House and the Senate and to clarify that any 
     reform of the Superfund Program must provide for the actual 
     cleanup of hazardous waste sites.
       If Superfund reserve adjustments are made, the conference 
     agreement includes language that, in the House, authorizes 
     the Budget Committee chairman to reverse the adjustments made 
     pursuant to this reserve fund. In the Senate, this language 
     is unnecessary. In the past, when a budget resolution has 
     contained a reserve fund, the practice in the Senate has been 
     to adjust budget resolution levels only for the legislation 
     that qualifies for the reserve fund. This ensures that the 
     budget resolution's modified levels are not available for 
     other legislation that does not meet the requirements of the 
     particular reserve fund.


                             STUDENT LOANS

       House Resolution. Section 6 of the House resolution is 
     identical to section 207 of House Concurrent Resolution 67, 
     the fiscal year 1996 budget resolution, and provides that the 
     administrative costs for new direct student loans are to be 
     scored on a net present value basis for all purposes under 
     the Budget Act, just as they currently are for guaranteed 
     student loans. The purpose of this provision is to conform 
     the budgetary treatment of direct student loans to that of 
     guaranteed student loans.
       This change corrects a disparity that has arisen under the 
     Federal Credit Reform Act of 1990 for the scoring of student 
     loans. Under Credit Reform, the administrative costs for 
     direct student loans are measured on a cash basis, with the 
     budget reflecting only that year's cost of administering the 
     loan. For guaranteed student loans, most administrative costs 
     are measured on a net present value basis for the entire 
     length of the loan.
       As a consequence of this disparity in the budgetary 
     treatment of these two types of loans, direct student lending 
     appears less expensive than guaranteed student lending. Both 
     the Congressional Research Service and the Congressional 
     Budget Office acknowledge the bias that this treatment of 
     administrative expenses has created.
       Senate Amendment. Although the Senate amendment has no 
     comparable provision, identical language that was included in 
     section 207 of the conference report accompanying House 
     Concurrent Resolution 67 is still applicable in the Senate.
       Conference Agreement. Section 303 of the conference report 
     reflects the House provision.
       The conferees acknowledge that the Congressional Budget 
     Office [CBO] has correctly interpreted section 207 of the 
     fiscal year 1996 budget resolution (House Concurrent 
     Resolution 67) with the understanding that Congress did not 
     intend to change the manner in which guaranteed student loans 
     are scored, but only to conform the budgetary treatment of 
     direct student loans to that of guaranteed student loans. 
     Therefore, the conferees conclude that CBO has correctly 
     determined that any administrative expenses for guaranteed 
     student loans which were included in the subsidy estimate 
     shall continue to be accorded the same budgetary treatment by 
     CBO. Any equivalent administrative expenses for direct loans 
     shall be considered in the same manner. In addition, the 
     conferees intend that any expenses for guaranteed student 
     loans which were scored on a cash basis using the method of 
     calculation from fiscal year 1994 shall continue to be 
     accorded the same budgetary treatment by CBO. Equivalent 
     administrative expenses for direct loans shall be considered 
     in the same manner.


                       DEFENSE/NONDEFENSE LIMITS

       House Resolution. The House resolution does not establish 
     separate limits for defense and nondefense discretionary 
     spending.
       Senate Amendment. Section 201(a) of the Senate amendment 
     sets forth separate limits on defense and nondefense 
     discretionary spending for fiscal years 1997 and 1998. 
     Subsection (b)(1)(A) creates a point of order in the Senate 
     against consideration of any budget resolution that exceeds 
     the aggregate cap on the sum of defense and nondefense 
     discretionary spending for fiscal years 1997 and 1998. 
     Subsection (b)(1)(B) creates a point of order in the Senate 
     against consideration of any budget resolution that exceeds 
     the aggregate cap on discretionary spending for fiscal years 
     1999 through 2002. Subsection (b)(1)(C) provides a point of 
     order against an appropriations bill that would exceed any of

[[Page H6034]]

     the discretionary spending limits for a fiscal year or would 
     exceed the suballocations set forth in section 602(b) of the 
     Budget Act. The point of order may be waived or suspended by 
     three-fifths vote of the Senate.
       Conference Agreement. In section 301 of the conference 
     report, the House recedes to the Senate amendment with the 
     discretionary spending limits at the following levels:

----------------------------------------------------------------------------------------------------------------
                                                  Defense               Nondefense                 Total        
                                         -----------------------------------------------------------------------
                                            Budget                  Budget                  Budget              
                                           authority    Outlays    authority    Outlays    authority    Outlays 
----------------------------------------------------------------------------------------------------------------
1997....................................     266,362     264,968     226,305     270,571     492,667     535,539
1998....................................     268,971     263,862     219,646     258,429     488,617     522,291
1999....................................     271,500     267,048     213,718     252,981     485,218     520,029
2000....................................     274,024     270,657     218,515     248,847     492,539     519,504
2001....................................     276,672     269,744     214,445     246,479     491,117     516,223
2002....................................     279,459     269,608     221,133     244,611     500,592     514,219
----------------------------------------------------------------------------------------------------------------

                              EMERGENCIES

       House Resolution. The House resolution does not include 
     language on the budgetary treatment of emergencies, although 
     a related sense-of-Congress provision included in section 8 
     includes the elimination of the emergency designation as one 
     of the alternatives to the existing budgetary treatment of 
     emergencies.
       Senate Amendment. Section 204 of the Senate amendment 
     provides the budgetary costs of all emergencies will be 
     counted for purposes of complying with committee allocations 
     and the aggregate spending levels set forth in the budget 
     resolution.
       Under section 251 of the Balanced Budget and Emergency 
     Deficit Control Act, Congress and the President may exempt 
     from statutory spending limits amounts provided in emergency 
     legislation. Section 606 of the Budget Act provides that 
     legislation so designated is also exempt from points of order 
     under sections 302(f) and 311(a) of the Budget Act.
       Section 204 supersedes section 606 of the Budget Act. 
     Accordingly, budget authority and outlays designated as 
     emergency legislation would be subject to points of order 
     raised under sections 302(f) and 311(a) of the Budget Act.
       Conference Agreement. The conference agreement does not 
     contain the Senate provision.


                          RULEMAKING AUTHORITY

       House Resolution. The House resolution does not include 
     language regarding the exercise of rulemaking authority.
       Senate Amendment. Section 205 of the Senate amendment 
     states that the provisions of this title are adopted pursuant 
     to the rulemaking power of the House and the Senate, and are 
     to be considered as part of the rules of each House. The 
     Senate amendment also states that either House has the right 
     to change these rules at any time in the same manner as any 
     other rule of that House.
       Conference Agreement. In section 306 of the conference 
     report, the House recedes to the Senate amendment, with an 
     amendment that states that the provisions regarding the 
     exercise of rulemaking power also apply to the House.


                GOVERNMENT SHUTDOWN PREVENTION ALLOWANCE

       The conference agreement permits an adjustment in the 
     nondefense discretionary outlay level, and other appropriate 
     levels, for fiscal year 1997 to avoid a government shutdown.

                    Miscellaneous Budget Enforcement

       The Senate conferees note that in last year's budget 
     resolution (House Concurrent Resolution 67) the pay-as-you-go 
     [PAYGO] point of order for the Senate was extended through 
     the end of fiscal year 2002. Consequently it was determined 
     that it is not necessary to include the language in the text 
     of this year's resolution. In order to emphasize the overall 
     goal of balancing the budget set out in this resolution and 
     that the pay-as-you-go discipline is still in effect, the 
     text of section 202 from House Concurrent Resolution 67 is 
     provided herein:

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

       ``(a) Purpose.--The Senate declares that it is essential 
     to--
       ``(1) ensure continued compliance with the balanced budget 
     plan set forth in this resolution; and
       ``(2) continue the pay-as-you-go enforcement system.
       ``(b) Point of Order.--
       ``(1) In general.--It shall not be in order in the Senate 
     to consider any direct spending or revenue legislation that 
     would increase the deficit for any one of the three 
     applicable time periods as measured in paragraphs (5) and 
     (6).
       ``(2) Applicable time periods.--For purposes of this 
     subsection the term ``applicable time period'' means any one 
     of the three following periods:
       ``(A) The first year covered by the most recently adopted 
     concurrent resolution on the budget.
       ``(B) The period of the first five fiscal years covered by 
     the most recently adopted concurrent resolution on the 
     budget.
       ``(C) The period of the five fiscal years following the 
     first five fiscal years covered in the most recently adopted 
     concurrent resolution on the budget.
       ``(3) Direct-spending legislation.--For purposes of this 
     subsection and except as provided in paragraph (4), the term 
     ``direct-spending legislation'' means any bill, joint 
     resolution, amendment, motion, or conference report that 
     affects direct spending as that term is defined by and 
     interpreted for purposes of the Balanced Budget and Emergency 
     Deficit Control Act of 1985.
       ``(4) Exclusion.--For purposes of this subsection, the 
     terms ``direct-spending legislation'' and ``revenue 
     legislation'' do not include--
       ``(A) any concurrent resolution on the budget; or
       ``(B) any provision of legislation that affects the 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.
       ``(5) Baseline.--Estimates prepared pursuant to this 
     section shall--
       ``(A) use the baseline used for the most recently adopted 
     concurrent resolution on the budget; and
       ``(B) be calculated under the requirements of subsections 
     (b) through (d) of section 257 of the Balanced Budget and 
     Emergency Deficit Control Act of 1985 for fiscal years beyond 
     those covered by that concurrent resolution on the budget.
       ``(6) Prior surplus.--If direct spending or revenue 
     legislation increases the deficit when taken individually, 
     then it must also increase the deficit when taken together 
     with all direct spending and revenue legislation enacted 
     since the beginning of the calendar year not accounted for in 
     the baseline under paragraph (5)(A), except that the direct 
     spending or revenue effects resulting from legislation 
     enacted pursuant to the reconciliation instructions included 
     in that concurrent resolution on the budget shall not be 
     available.
       ``(c) Waiver.--This section may be waived or suspended in 
     the Senate only by the affirmative vote of three-fifths of 
     the Members, duly chosen and sworn.
       ``(d) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this section shall be 
     limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the bill or 
     joint resolution, as the case may be. An affirmative vote of 
     three-fifths of the Members of the Senate, duly chosen and 
     sworn, shall be required in the Senate to sustain an appeal 
     of the ruling of the Chair on a point of order raised under 
     this section.
       ``(e) Determination of Budget Levels.--For purposes of this 
     section, the levels of new budget authority, outlays, and 
     revenues for a fiscal year shall be determined on the basis 
     of estimates made by the Committee on the Budget of the 
     Senate.
       ``(f) Conforming Amendment.--Section 23 of House Concurrent 
     Resolution 218 (103d Congress) is repealed.
       ``(g) Sunset.--Subsections (a) through (e) of this section 
     shall expire September 30, 2002.''

            Language Related to the Federal Reserve Surplus

       Because the goal of this resolution is to achieve a 
     balanced budget in 2002 in a manner that generates economic 
     dividends, the Budget Committees discourage other reconciled 
     committees from attempting to meet their reconciliation 
     instructions with changes that only appear to reduce the 
     deficit (through timing changes or other artifices) rather 
     than changes with real economic effects. For example, the 
     1993 budget reconciliation bill included a provision 
     directing the Federal Reserve to transfer $213 million from 
     its surplus capital account to the Treasury over 1997 and 
     1998. Because the Federal Reserve is not included in the 
     unified budget, the slated transfer was counted as savings 
     for reconciliation purposes even though there was then and is 
     now general agreement that the transfer is a timing gimmick, 
     acts like an intragovernmental transfer, and leaves the 
     private sector and the rest of the economy unaffected. The 
     Congressional Budget Office concurs with the Budget 
     Committees that such a transfer has no real economic impact 
     on the deficit.
       These same reasons inform more recent proposals to attach 
     the Federal Reserve's surplus capital account for other than 
     attempted deficit reduction. In late March, a congressionally 
     released draft report by the General Accounting Office [GAO] 
     suggested that the Federal Reserve might not need to retain 
     this surplus and should instead transfer it to the Treasury 
     because, based on history, the Federal Reserve is not likely 
     to experience any losses. Shortly thereafter, various 
     congressional proposals emerged to direct the Federal Reserve 
     to make its surplus capital available to increase 
     discretionary appropriations or to make payments to holders 
     of ``private'' [FICO] bonds issued in the

[[Page H6035]]

     late 1980's to cover Federal deposit insurance costs of 
     failed savings and loans. The sponsors of these proposals 
     advance them presumably because these uses of the Federal 
     Reserve's surplus appear to be free and would not have to 
     count on the budget.
       But just as transferring the surplus account to the 
     Treasury would not decrease the deficit, using the account to 
     pay for anything would not really be free. One simply would 
     be taking money that the Federal Reserve invests in Treasury 
     securities (which thereby reduces the amount of Federal 
     borrowing needed from the general private sector), and 
     instead transferring the money to a certain part of the 
     private sector. That transaction would increase the amount of 
     borrowing that the Federal Government would have to undertake 
     from the general private sector just like a transaction in 
     which money was paid directly out of the Treasury for Federal 
     purposes. Another possible result is that if the Federal 
     Reserve were going to deliver on GAO's recommendation and 
     transfer some (if not all) of the surplus account to the 
     Treasury, designating that money for some Federal purpose 
     before that transfer could occur would be equivalent to 
     paying money directly out of the Treasury for that purpose. 
     Therefore, the conferees (using the authority provided to the 
     Budget Committees for estimating outlays and revenues by 
     section 310(d)(4) of the Congressional Budget Act) direct the 
     Congressional Budget Office on the following points: do not 
     score savings for any new legislation that might affect the 
     Federal Reserve's transfer of the surplus capital account to 
     the Treasury, but do score as a cost any legislation that 
     directs spending out of the Federal Reserve capital account.

                           Sense of Congress

       The budget resolution routinely includes sense of House, 
     Senate, and Congress provisions.

       House Resolution.--The House resolution includes the 
     following sense-of-House provision:

       --Sense of the House of Representatives on debt repayment

       The House resolution includes the following sense-of-
     Congress provisions:

       --Sense of Congress on baselines

       --Sense of Congress on emergencies

       --Sense of Congress on loan sales

       --Sense of Congress on changes in Medicaid

       --Sense of Congress on domestic violence and Federal 
         assistance

       --Sense of Congress on impact of legislation on children

       --Sense of Congress on commitment to a balanced budget by 
         fiscal year 2002

       Senate Amendment.--The Senate amendment includes the 
     following sense-of-Congress provisions:

       --Sense of Congress on the sale of government assets
       --Sense of Congress that tax reductions should benefit 
         working families
       --Sense of Congress on a bipartisan commission on the 
         solvency of Medicare
       --Sense of Congress on Medicare transfers
       --Sense of Congress regarding changes in the Medicare 
         Program
       --Sense of Congress regarding additional changes under the 
         Medicare Program
       --Sense of Congress regarding nursing home standards
       --Sense of Congress concerning nursing home care
       --Sense of Congress regarding requirements that welfare 
         recipients be drug-free
       --Sense of Congress on reimbursement of the United States 
         for operations Southern Watch and Provide Comfort
       --Sense of Congress that the 1993 income tax increase on 
         Social Security Benefits should be repealed

       The Senate amendment includes the following sense-of-the-
     Senate provisions:

       --Sense of the Senate on considering a change in the 
         minimum wage in the Senate
       --Sense of the Senate on long-term projections in budget 
         estimates
       --Sense of the Senate on repeal of the gas tax
       --Sense of the Senate on Medicare trustees report
       --Sense of the Senate on funding to assist youth at risk
       --Sense of the Senate regarding the use of budgetary 
         savings
       --Sense of the Senate regarding the transfer of excess 
         government computers to public schools
       --Sense of the Senate on Federal retreats
       --Sense of the Senate regarding the essential air service 
         program of the Department of Transportation
       --Sense of the Senate regarding equal retirement savings 
         for homemakers
       --Sense of the Senate regarding the National Institute of 
         Drug Abuse
       --Sense of the Senate regarding the extension of the 
         employer education assistance exclusion under section 127 
         of the Internal Revenue Code of 1986
       --Sense of the Senate regarding the Economic Development 
         Administration placing high priority on maintaining 
         field-based economic development representatives
       --Sense of the Senate regarding revenue assumptions
       --Sense of the Senate regarding domestic violence
       --Sense of the Senate regarding student loans
       --Sense of the Senate regarding reduction of the national 
         debt
       --Sense of the Senate regarding hungry or homeless children
       --Sense of the Senate on LIHEAP
       --Sense of the Senate on Davis-Bacon I
       --Sense of the Senate on Davis-Bacon II
       --Sense of the Senate on an accurate index for inflation
       --Sense of the Senate on solvency of the Medicare Trust 
         Fund
       --Sense of the Senate regarding the Administration's 
         practice regarding the prosecution of drug smugglers
       --Sense of the Senate regarding corporate subsidies and 
         sale of government assets
       --Sense of the Senate on the Presidential Election Campaign 
         Fund
       --Sense of the Senate regarding welfare reform
       --A resolution regarding the Senate's support for Federal, 
         State, and local law enforcement
       --Sense of the Senate regarding the funding of Amtrak
       --Sense of the Senate--truth in budgeting

       Conference Agreement.--The conferees agreed to the 
     following sense-of-Congress provisions:

       --Sense of Congress on baselines
       --Sense of Congress on loan sales
       --Sense of Congress on changes in Medicaid
       --Sense of Congress on impact of legislation on children
       --Sense of Congress on debt repayment
       --Sense of Congress on commitment to a balanced budget by 
         fiscal year 2002
       --Sense of Congress that tax reductions should benefit 
         working families
       --Sense of Congress on a bipartisan commission on the 
         solvency of Medicare
       --Sense of Congress on Medicare transfers
       --Sense of Congress regarding changes in the Medicare 
         Program
       --Sense of Congress regarding revenue assumptions
       --Sense of Congress regarding domestic violence
       --Sense of Congress regarding student loans
       --Sense of Congress regarding additional changes under the 
         Medicare Program
       --Sense of Congress regarding requirements that welfare 
         recipients be drug-free
       --Sense of Congress on an accurate index for inflation
       --Sense of Congress that the 1993 income tax increase on 
         Social Security benefits should be repealed
       --Sense of Congress regarding the administration's practice 
         regarding the prosecution of drug smugglers
       --Sense of Congress on corporate subsidies
       --Sense of Congress regarding welfare reform
       --Sense of Congress on FCC spectrum auctions

       The conferees agreed to the following sense-of-the-House 
     provision:

       --Sense of the House on emergencies

       The conferees agreed to the following sense-of-the-Senate 
     provisions:

       --Sense of the Senate on funding to assist youth at risk
       --Sense of the Senate on long-term trends in budget 
         estimates
       --Sense of the Senate on repeal of the gas tax
       --Sense of the Senate regarding the use of budgetary 
         savings
       --Sense of the Senate regarding the transfer of excess 
         government computers to public schools
       --Sense of the Senate on Federal retreats
       --Sense of the Senate regarding the essential air service 
         program of the Department of Transportation
       --Sense of the Senate regarding equal retirement savings 
         for homemakers
       --Sense of the Senate regarding the National Institute of 
         Drug Abuse
       --Sense of the Senate regarding the extension of the 
         employer education assistance exclusion under section 127 
         of the Internal Revenue Code of 1986
       --Sense of the Senate regarding the Economic Development 
         Administration placing high priority on maintaining 
         field-based economic development representatives
       --Sense of the Senate on LIHEAP
       --Sense of the Senate on Davis-Bacon
       --Sense of the Senate on reimbursement of the United States 
         for operations Southern Watch and Provide Comfort
       --Sense of the Senate on solvency of the Medicare Trust 
         Fund
       --Sense of the Senate on the Presidential Election Campaign 
         Fund
       --Sense of the Senate regarding the funding of Amtrak

                              Allocations

       As required in sections 302 and 602 of the Budget Act, the 
     joint statement of the managers includes an allocation, based 
     upon the conference report, of the levels of total budget 
     authority, total budget outlays, and--in the House only--
     total entitlement authority, among each of the appropriate 
     House and Senate committees.
       As required under sections 302 and 602, the allocations are 
     divided between mandatory or otherwise uncontrollable amounts 
     and discretionary or otherwise controllable amounts.

[[Page H6036]]

       The allocations for each House consist of a set of two 
     tables for the House and Senate. The first set of tables 
     shows the allocation for the budget year, fiscal year 1997. 
     For the House, the amount allocated to each committee is 
     broken down by budget function. The second set of tables 
     shows the amounts allocated for the totals of the budget year 
     and the four succeeding planning years.
       These allocations serve as the basis for congressional 
     enforcement of the budget resolution through points of order 
     under the Budget Act.
       The allocations are as follows:

  ALLOCATION OF SPENDING RESPONSIBILITY TO HOUSE COMMITTEES PURSUANT TO 
     SEC. 602(a) OF THE CONGRESSIONAL BUDGET ACT--FISCAL YEAR: 1997     
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                      Budget                 Entitlement
                                    authority     Outlays     authority 
------------------------------------------------------------------------
     APPROPRIATIONS COMMITTEE                                           
                                                                        
Current level (enacted law):                                            
    050  National defense........          196          196            0
    150  International affairs...          170          170            0
    300  Natural resources and                                          
     environment.................        1,997        2,008            0
    350  Agriculture.............        3,124        1,732            0
    370  Commerce and housing                                           
     credit......................           32         -318            0
    400  Transportation..........          605          602            0
    500  Education, training,                                           
     employment, and social                                             
     services....................       10,741       10,796            0
    550  Health..................      109,098      109,029            0
    570  Medicare................       58,309       58,309            0
    600  Income security.........       85,391       85,305            0
    650  Social Security.........           21           21            0
    700  Veterans benefits and                                          
     services....................       19,508       19,552            0
    750  Administration of                                              
     Justice.....................          414          411            0
    800  General government......        8,666        8,666            0
    900  Net interest............           10           10            0
                                  --------------------------------------
      Subtotal...................      298,282      296,489            0
                                  ======================================
Discretionary appropriations                                            
 action (assumed legislation):                                          
    050  National defense........      266,362      264,968            0
    150  International affairs...       18,236       19,549            0
    250  General, science, space,                                       
     and technology..............       16,748       16,826            0
    270  Energy..................        5,126        5,402            0
    300  Natural resources and                                          
     environment.................       20,139       21,088            0
    350  Agriculture.............        3,949        3,958            0
    370  Commerce and housing                                           
     credit......................        3,092        2,990            0
    400  Transportation..........       13,840       36,744            0
    450  Community and regional                                         
     development.................        7,926       10,345            0
    500  Education, training,                                           
     employment, and social                                             
     services....................       37,477       38,506            0
    550  Health..................       23,169       23,236            0
    570  Medicare................        3,031        3,031            0
    600  Income security.........       27,816       40,398            0
    650  Social Security.........            6        3,194            0
    700  Veterans benefits and                                          
     services....................       18,425       19,311            0
    750  Administration of                                              
     justice.....................       20,681       19,338            0
    800  General government......       11,561       11,372            0
    920  Allowances..............         -214       -1,644            0
                                  --------------------------------------
      Subtotal...................      497,350      538,612            0
                                  ======================================
Discretionary action by other                                           
 committees (assumed entitlement                                        
 legislation):                                                          
    370  Commerce and housing                                           
     credit......................          -32          -32            0
    500  Education, training,                                           
     employment, and social                                             
     services....................         -105          -33            0
    550  Health..................          370          370            0
    600  Income security.........       -2,433       -2,406            0
    700  Veterans benefits and                                          
     services....................          308          309            0
                                  --------------------------------------
      Subtotal...................       -1,892       -1,792            0
                                  --------------------------------------
      Committee total............      793,740      833,309            0
                                  ======================================
      AGRICULTURE COMMITTEE                                             
                                                                        
Current level (enacted law):                                            
    150  International affairs...         -476         -476            0
    270  Energy..................            0         -972            0
    300  Natural resources and                                          
     environment.................          683          648            0
    350  Agriculture.............        7,383        5,440        7,177
    400  Transportation..........           30           30            0
    450  Community and regional                                         
     development.................          253          204            0
    600  Income security.........           67           17        1,173
    800  General government......          270          270            0
    900  Net interest............            0            0           10
                                  --------------------------------------
      Subtotal...................        8,210        5,161        8,360
                                  --------------------------------------
      Committee total............        8,210        5,161        8,360
                                  ======================================
   NATIONAL SECURITY COMMITTEE                                          
                                                                        
Current level (enacted law):                                            
    050  National defense........       11,513       11,470            0
    300  Natural resources and                                          
     environment.................            3            3            0
    400  Transportation..........            0          -19            0
    500  Education, training,                                           
     employment, and social                                             
     services....................            4            3            0
    600  Income security.........       29,940       29,855            0
    700  Veterans benefits and                                          
     services....................          180          180          180
                                  --------------------------------------
      Subtotal...................       41,640       41,492          180
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    050  National defense........          -79          -79            0
    950  Undistributed offsetting                                       
     receipts....................       -1,500       -1,500            0
                                  --------------------------------------
      Subtotal...................       -1,579       -1,579            0
                                  --------------------------------------
      Committee total............       40,061       39,913          180
                                  ======================================
  BANKING AND FINANCIAL SERVICES                                        
            COMMITTEE                                                   
                                                                        
Current level (enacted law):                                            
    150  International affairs...         -588       -2,438            0
    370  Commerce and housing                                           
     credit......................          405       -6,084            0
    450  Community and regional                                         
     development.................            6          -58            0
    600  Income security.........           50          -15            0
    900  Net interest............        3,256        3,256            0
                                  --------------------------------------
      Subtotal...................        3,129       -5,339            0
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    370  Commerce and housing                                           
     credit......................         -128       -3,528            0
    450  Community and regional                                         
     development.................            0          -72            0
    600  Income security.........            0         -100            0
                                  --------------------------------------
      Subtotal...................         -128       -3,700            0
                                  --------------------------------------
      Committee total............        3,001       -9,039            0
                                  ======================================
     ECONOMIC AND EDUCATIONAL                                           
     OPPORTUNITIES COMMITTEE                                            
                                                                        
Current level (enacted law):                                            
    500  Education, training,                                           
     employment, and social                                             
     services....................        3,104        2,487        4,050
    600  Income security.........          174          162        9,930
                                  --------------------------------------
      Subtotal...................        3,278        2,649       13,980
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    500  Education, training,                                           
     employment, and social                                             
     services....................         -867         -783            0
    600  Income security.........           -4           -4         -152
    920  Allowances..............          -41          -13            0
                                  --------------------------------------
      Subtotal...................         -912         -800         -152
                                  --------------------------------------
      Committee total............        2,366        1,849       13,828
                                  ======================================
        COMMERCE COMMITTEE                                              
                                                                        
Current level (enacted law):                                            
    370  Commerce and Housing                                           
     Credit......................        4,700        4,700        4,700
    500  Education, training,                                           
     employment, and social                                             
     services....................            1            1            0
    500  Health..................          675          675      105,397
    800  General government......            9            9            0
                                  --------------------------------------
      Subtotal...................        5,385        5,385      110,097
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    550  Health..................            0            0          370
                                  --------------------------------------
      Subtotal...................            0            0          370
                                  --------------------------------------
      Committee total............        5,385        5,385      110,467
                                  ======================================
INTERNATIONAL RELATIONS COMMITTEE                                       
                                                                        
Current level (enacted law):                                            
    150  International affairs...       10,900       12,330            0
    400  Transportation..........            7            7            0
    600  Income security.........          523          523          511
    800  General government......            6            6            0
                                  --------------------------------------
      Subtotal...................       11,436       12,866          511
                                  --------------------------------------
      Committee total............       11,436       12,866          511
                                  ======================================
 GOVERNMENT REFORM AND OVERSIGHT                                        
            COMMITTEE                                                   
                                                                        
Current level (enacted law):                                            
    550  Health..................            0          -54        3,914
    600  Income security.........       41,907       40,887       40,887
    750  Administration of                                              
     justice  ...................           40           40           40
    800  General government......       13,042       13,040            0
    900  Net interest............           28           28            0
    950  Undistributed offsetting                                       
     receipts....................          -20          -20            0
                                  --------------------------------------
      Subtotal...................       54,997       53,921       44,841
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    600  Income security.........         -289         -289         -289
    800  General government......           -3           -3            0
    950  Undistributed offsetting                                       
     receipts....................         -210         -210            0
                                          -576         -576            0
                                  --------------------------------------
      Subtotal...................       -1,078       -1,078         -289
                                  --------------------------------------
      Committee total............       53,919       52,843       44,552
                                  ======================================
       OVERSIGHT COMMITTEE                                              
Current level (enacted law):                                            
    500  Education, training,                                           
     employment, and social                                             
     services....................           28           22            0
    800  General government......           67            3           95
                                  --------------------------------------
      Subtotal...................           95           25           95
                                  --------------------------------------
      Committee total............           95           25           95
                                  ======================================
       RESOURCES COMMITTEE                                              
                                                                        
Current level (enacted law):                                            
    270  Energy..................            8          114            0
    300  Natural resources and                                          
     environment.................          908          807            0
    370  Commerce and housing                                           
     credit......................           75           51            0
    450  Community and regional                                         
     development.................          388          358            0
    550  Health..................            4            4            0
    800  General government......          742          766          179
    950  Undistributed offsetting                                       
     receipts....................       -1,355       -1,355            0
                                  --------------------------------------
      Subtotal...................          770          745          179
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    300  Natural resources and                                          
     environment.................          -94          -93          -12
    800  General government......            3            3            0
                                  --------------------------------------
      Subtotal...................          -91          -90          -12
                                  --------------------------------------
      Committee total............          679          655          167
                                  ======================================
Current level (enacted law):                                            
    370  Commerce and housing                                           
     credit......................          195          195            0
    600  Income security.........           59           21            9
    750  Administration of                                              
     justice.....................        1,556        1,538          238
    800  General government......          619          619            0
                                  --------------------------------------
      Subtotal...................        2,429        2,373          247
                                  --------------------------------------
      Committee total............        2,429        2,373          247
                                  ======================================
TRANSPORTATION AND INFRASTRUCTURE                                       
            COMMITTEE                                                   
                                                                        
Current level (enacted law):                                            
    270  Energy..................          280          222            0
    300  Natural resources and                                          
     environment.................          245          248            0
    400  Transportation..........       27,102        2,142          602
    450  Community and regional                                         
     development.................            5           75            0
    600  Income security.........       15,043       15,020            0
    800  General government......           -1           -1            0
                                  --------------------------------------
      Subtotal...................       42,674       17,706          602
                                  ======================================

[[Page H6037]]

                                                                        
Discretionary action (assumed                                           
 legislation):                                                          
    400  Transportation..........        2,280         -150            0
    450  Community and regional                                         
     development.................          -12          -12            0
    600  Income security.........           12           12            0
                                  --------------------------------------
      Subtotal...................        2,280         -150            0
                                  --------------------------------------
      Committee total............       43,845       17,631          602
                                  ======================================
        SCIENCE COMMITTEE                                               
Current level (enacted law):                                            
    250  General science, space,                                        
     and technology..............           40           39            0
    500  Education, training,                                           
     employment and social                                              
     services....................            1            1            0
                                  --------------------------------------
      Subtotal...................           41           40            0
                                  ======================================
      Committee total............           41           40            0
                                  ======================================
     SMALL BUSINESS COMMITTEE                                           
                                                                        
Current level (enacted law):                                            
    370  Commerce and housing                                           
     credit......................            3         -125            0
    450  Community and regional                                         
     development.................            0         -171            0
                                  --------------------------------------
      Subtotal...................            3         -296            0
      Committee total............            3         -296            0
                                  ======================================
   VETERANS' AFFAIRS COMMITTEE                                          
                                                                        
Current level (enacted law):                                            
    700  Veterans benefits and                                          
     services....................        1,437        1,604       20,869
                                  --------------------------------------
      Subtotal...................        1,437        1,604       20,869
Discretionary action (assumed                                           
 legislation):                                                          
    700  Veterans benefits and                                          
     services....................          -90          -90          224
                                  --------------------------------------
      Subtotal...................          -90          -90          224
                                  --------------------------------------
      Committee total............        1,347        1,514       21,093
                                  ======================================
     WAYS AND MEANS COMMITTEE                                           
                                                                        
Current level (enacted law):                                            
    500  Education, training,                                           
     employment, and social                                             
     services....................            0            0        8,044
    570  Medicare................      217,200      215,516      215,516
    600  Income security.........       46,173       45,136       37,091
    650  Social Security.........        7,786        7,786            0
    750  Administration of                                              
     Justice.....................          420          380            0
    800  General government......          473          472            0
    900  Net interest............      352,452      352,452      352,452
                                  --------------------------------------
      Subtotal...................      624,504      621,742      613,103
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    500  Education, training,                                           
     employment, and social                                             
     services....................       -1,335         -970          -33
    570  Medicare................       -6,800       -6,800            0
    600  Income security.........         -773       -1,362       -2,024
    800  General government......          -65            0            0
                                  --------------------------------------
      Subtotals..................       -8,973       -9,132       -2,057
                                  --------------------------------------
      Committee totals...........      615,531      612,610      611,046
                                  ======================================
            UNASSIGNED                                                  
                                                                        
Current level (enacted law):                                            
    050  National defense........            0            0            0
    150  International affairs...            0            0            0
    250  General science, space,                                        
     and technology..............            0            0            0
    270  Energy..................      -12,409      -12,409            0
    300  Natural resources and                                          
     environment.................      -13,934      -13,934            0
    350  Agriculture.............       -1,686       -1,686            0
    370  Commerce and housing                                           
     credit......................       -3,002       -3,002            0
    400  Transportation..........       -1,645         -145            0
    450  Community and regional                                         
     development.................         -156         -156            0
    500  Education, training,                                           
     employment, and social                                             
     services....................       -1,229         -195            0
    550  Health..................         -348         -348            0
    570  Medicare................          -66          -66            0
    600  Income security.........          -88          -88            0
    650  Social Security.........      -78,905      -78,905            0
    700  Veterans benefits and                                          
     services....................      -13,423      -13,423            0
    750  Administration of                                              
     justice.....................       -1,305       -1,305            0
    800  General government......       -2,167       -2,167            0
    900  Net interest............      -23,036      -23,036            0
    920  Allowances..............      -73,155      -73,155      -60,765
    950  Undistributed offsetting                                       
     receipts....................      -41,883      -41,883            0
                                  --------------------------------------
      Subtotal...................     -268,438     -265,903      -60,765
                                  ======================================
Discretionary action (assumed                                           
 legislation):                                                          
    920  Allowances..............            0            0            0
                                  --------------------------------------
      Subtotal...................            0            0            0
                                  --------------------------------------
      Committee total............     -267,328     -265,828      -60,765
                                  ======================================
      Total--current level.......      830,982      790,735      752,299
                                  ======================================
      Total--discretionary action      483,778      520,276       -1,916
                                  ======================================
    Grand total..................    1,314,760    1,311,011      750,383
------------------------------------------------------------------------



       ALLOCATION OF SPENDING RESPONSIBILITY TO HOUSE COMMITTEES PURSUANT TO SECTIONS 302(a)/602(a) OF THE      
                                            CONGRESSIONAL BUDGET ACT                                            
                                    [By fiscal year, in millions of dollars]                                    
----------------------------------------------------------------------------------------------------------------
                                       1997         1998         1999         2000         2001       1997-2001 
----------------------------------------------------------------------------------------------------------------
Appropriation Committee:                                                                                        
    Current level:                                                                                              
        Budget authority.........      298,282      297,973      320,594      348,874      370,294     1,636,017
        Outlays..................      296,489      291,204      312,952      342,279      361,183     1,604,107
    Discretionary action, general                                                                               
     purpose:                                                                                                   
        Defense:                                                                                                
        Budget authority.........      266,362      268,971      271,500      274,024      276,672     1,357,529
        Outlays..................      264,968      263,862      267,048      270,657      269,744     1,336,279
        Nondefense:                                                                                             
            Budget authority.....      226,305      219,646      213,718      218,515      214,445     1,092,629
            Outlays..............      270,571      258,429      252,981      248,847      246,479     1,277,307
    Subtotal:                                                                                                   
        Budget authority.........      492,667      488,617      485,218      492,539      491,117     2,450,158
        Outlays..................      535,539      522,291      520,029      519,504      516,223     2,613,586
        Violent Crime Reduction                                                                                 
         Trust Fund:                                                                                            
        Budget authority.........        4,683        5,100        6,050        6,050            0        21,883
        Outlays..................        3,073        4,664        5,456        5,747            0        18,940
    Total discretionary action:                                                                                 
        Budget authority.........      497,350      493,717      491,268      298,589      491,117     2,472,041
        Outlays..................      538,612      526,955      525,485      525,251      516,223     2,632,526
    Discretionary action by other                                                                               
     committees:                                                                                                
        Budget authority.........       -1,892       26,681       22,665       17,861       11,766        77,081
        Outlays..................       -1,792       25,403       22,276       17,713       11,705        75,305
    Committee total:                                                                                            
        Budget authority.........      793,740      818,371      834,527      865,324      873,177     4,185,139
        Outlays..................      833,309      843,562      860,713      885,243      889,111     4,311,938
Agriculture Committee:                                                                                          
    Current level (enacted law):                                                                                
        Budget authority.........        8,210        8,359        8,104        7,460        6,402        38,535
        Outlays..................        5,161        5,395        5,109        4,556        3,519        23,740
    New entitlement authority....            0        1,192        1,236        1,267        1,301         4,996
National Security Committee:                                                                                    
    Current level (enacted law):                                                                                
        Budget authority.........       41,640       43,186       44,769       46,343       48,017       223,955
        Outlays..................       41,492       43,001       44,595       46,221       47,899       223,208
    Discretionary action:                                                                                       
        Budget authority.........       -1,579          271          257          243          144          -664
        Outlays..................       -1,579          271          257          243          144          -864
    Committee total:                                                                                            
        Budget authority.........       40,061       43,457       45,026       46,586       48,161       223,291
        Outlays..................       39,913       43,272       44,852       46,464       48,043       222,544
    New entitlement authority....            0            0            0            0            0             0
Banking and Financial Services                                                                                  
 Committee:                                                                                                     
    Current level (enacted law):                                                                                
        Budget authority.........        3,129        4,401        4,147        4,682        4,486        20,845
        Outlays..................       -5,339       -1,679       -2,425       -2,804       -2,179       -14,426
    Discretionary action:                                                                                       
        Budget authority.........         -128         -127         -138         -157         -161          -711
        Outlays..................       -3,700           38         -148         -130          -64        -4,004
    Committee total:                                                                                            
        Budget authority.........        3,001        4,274        4,009        4,525        4,325        20,134
        Outlays..................       -9,039       -1,641       -2,573       -2,934       -2,243       -18,430
Economic Opportunity Committee:                                                                                 
    Current level (enacted law):                                                                                
        Budget authority.........        3,278        2,968        3,631        3,889        4,221        17,987

[[Page H6038]]

                                                                                                                
        Outlays..................        2,649        2,649        3,008        3,351        3,648        15,305
    Discretionary action:                                                                                       
        Budget authority.........         -912         -425         -716         -689         -723        -3,465
        Outlays..................         -800         -366         -594         -682         -711        -3,153
    Committee total:                                                                                            
        Budget authority.........        2,366        2,543        2,915        3,200        3,498        14,522
        Outlays..................        1,849        2,283        2,414        2,669        2,937        12,152
    New entitlement authority....         -152        1,275        2,031        2,236        2,279         7,669
Commerce Committee:                                                                                             
    Current level (enacted law):                                                                                
        Budget authority.........        5,385        5,893        6,684        7,380        8,080        33,422
        Outlays..................        5,385        5,895        6,701        7,398        8,098        33,477
    Discretionary action:                                                                                       
        Budget authority.........            0       -1,401       -2,909       -4,713       -5,517       -14,540
        Outlays..................            0       -1,401       -2,909       -4,713       -5,517       -14,540
    Committee total:                                                                                            
        Budget authority.........        5,385        4,492        3,775        2,667        2,563        18,882
        Outlays..................        5,385        4,494        3,792        2,685        2,581        18,937
    New entitlement authority....          370       -1,740       -7,090      -13,010      -20,240       -41,710
International Relations                                                                                         
 Committee:                                                                                                     
    Current level (enacted law):                                                                                
        Budget authority.........       11,436       10,321        9,393        9,953        9,877        50,980
        Outlays..................       12,866       11,880       11,033       10,638       10,390        56,807
Government Reform and Oversight                                                                                 
 Committee:                                                                                                     
    Current level (enacted law):                                                                                
        Budget authority.........       54,997       57,320       59,793       62,342       65,094       299,546
        Outlays..................       53,921       56,383       58,742       61,132       63,670       293,848
    Discretionary action:                                                                                       
        Budget authority.........       -1,078         -889         -882         -876         -880        -4,605
        Outlays..................       -1,078         -889         -882         -876         -880        -4,605
    Committee total:                                                                                            
        Budget authority.........       53,919       56,431       58,911       61,466       64,214       294,941
        Outlays..................       52,843       55,494       57,860       60,256       62,790       289,243
    New entitlement authority....         -289         -335         -339         -344         -361        -1,668
Oversight Committee:                                                                                            
    Current level (enacted law):                                                                                
        Budget authority.........           95           97           98           99           97           486
        Outlays..................           25           25           54          264           34           402
Public Lands and Resources                                                                                      
 Committee:                                                                                                     
    Current level (enacted law):                                                                                
        Budget authority.........          770        2,021        2,066        2,169        2,393         9,419
        Outlays..................          745        1,931        2,014        2,113        2,322         9,125
    Discretionary action:                                                                                       
        Budget authority.........          -91         -785          -37         -395          -93        -1,401
        Outlays..................          -90         -798          -47         -440          -85        -1,460
    Committee total:                                                                                            
        Budget authority.........          679        1,236        2,029        1,774        2,300         8,018
        Outlays..................          655        1,133        1,967        1,673        2,237         7,665
    New entitlement authority....          -12           -9          -13          -11          -14           -59
Judiciary Committee:                                                                                            
    Current level (enacted law):                                                                                
        Budget authority.........        2,429        4,297        4,389        4,441        4,506        20,062
        Outlays..................        2,373        4,236        4,326        4,377        4,441        19,753
    Discretionary action:                                                                                       
        Budget authority.........            0            0         -119         -119         -119          -357
        Outlays..................            0            0         -119         -119         -119          -357
    Committee total:                                                                                            
        Budget authority.........        2,429        4,297        4,270        4,322        4,387        19,705
        Outlays..................        2,373        4,236        4,207        4,258        4,322        19,396
Transportation and Infrastructure                                                                               
 Committee:                                                                                                     
    Current level (enacted law):                                                                                
        Budget authority.........       42,674       15,895       15,935       16,106       16,340       106,950
        Outlays..................       17,706       17,464       16,922       16,670       16,675        85,437
    Discretionary action:                                                                                       
        Budget authority.........        2,280       30,138       30,188       31,352       32,031       125,989
        Outlays..................            0           19         -287          354          435           521
    Committee total:                                                                                            
        Budget authority.........       44,954       46,033       46,123       47,458       48,371       232,939
        Outlays..................       17,706       17,483       16,635       17,024       17,110        85,958
        New entitlement authority            0            1            1            0            0             2
Science Committee:                                                                                              
    Current level (enacted law):                                                                                
        Budget authority.........           41           42           44           45           46           218
        Outlays..................           40           40           41           43           45           209
    Discretionary action:                                                                                       
        Budget authority.........            0          -13            0            0            0           -13
        Outlays..................            0          -13            0            0            0           -13
    Committee total:                                                                                            
        Budget authority.........           41           29           44           45           46           205
        Outlays..................           40           27           41           43           45           196
Small Business Committee:                                                                                       
    Current level [enacted law]:                                                                                
        Budget authority.........            3            2            2            2            0             9
        Outlays..................         -296         -402         -232         -181         -153        -1,264
Veterans' Affairs Committee:                                                                                    
    Current level [enacted law]:                                                                                
        Budget authority.........        1,437        1,365        1,280        1,205        1,141         6,428
        Outlays..................        1,604        1,573        1,466        1,458        1,462         7,563
    Discretionary action:                                                                                       
        Budget authority.........          -90            0         -265         -276         -288          -919
        Outlays..................          -90            0         -265         -276         -288          -919
    Committee total:                                                                                            
        Budget authority.........        1,347        1,365        1,015          929          853         5,509
        Outlays..................        1,514        1,573        1,201        1,182        1,174         6,644
    New entitlement authority....          224          615          542          827        1,267         3,475
Ways and Means Committee:                                                                                       
    Current level [enacted law]:                                                                                
        Budget authority.........      624,504      653,468      680,614      705,720      735,576     3,399,882
        Outlays..................      621,742      650,771      677,460      703,202      733,171     3,386,346
    Discretionary action:                                                                                       
        Budget authority.........       -8,973      -16,992      -27,095      -35,548      -45,603      -134,211
        Outlays..................       -9,132      -16,935      -27,083      -35,793      -45,675      -134,618
    Committee total:                                                                                            
        Budget authority.........      615,531      636,476      653,519      670,172      689,973     3,265,671
        Outlays..................      612,610      633,836      650,377      667,409      687,496     3,251,728
    New entitlement authority....       -2,057       -2,250       -2,024       -2,273       -2,139       -10,743
Unassigned to Committee:                                                                                        
    Current level [enacted law]:                                                                                
        Budget authority.........     -268,437     -275,709     -281,358     -292,611     -304,370    -1,422,485
        Outlays..................     -265,903     -267,983     -273,579     -284,756     -296,969    -1,389,190

[[Page H6039]]

                                                                                                                
    Discretionary action:                                                                                       
        Budget authority.........            0            0            0            0            0             0
        Outlays..................            0            0            0            0            0             0
    Committee total:                                                                                            
        Budget authority.........            0            0            0            0            0             0
        Outlays..................            0            0            0            0            0             0
    Total current level:                                                                                        
        Budget authority.........      830,982      831,899      880,185      928,099      972,200     4,443,365
        Outlays..................      790,735      822,657      868,408      916,106      957,355     4,355,261
    Total discretionary action:                                                                                 
        Budget authority.........      483,778      530,176      512,218      505,272      481,674     2,513,118
        Outlays..................      520,276      532,010      515,463      500,387      475,069     2,543,205
    Grand totals:                                                                                               
        Budget authority.........    1,314,760    1,362,075    1,392,403    1,433,371    1,453,874     6,956,483
        Outlays..................    1,311,011    1,354,667    1,383,871    1,416,493    1,432,424     6,898,466
    Total new entitlement                                                                                       
     authority...................       -1,916       -1,252       -5,657      -11,308      -17,907       -38,040
----------------------------------------------------------------------------------------------------------------



SENATE COMMITTEE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS PURSUANT TO SECTION 302 OF THE CONGRESSIONAL BUDGET ACT
                                             BUDGET YEAR TOTAL: 1997                                            
                                            [In millions of dollars]                                            
----------------------------------------------------------------------------------------------------------------
                                                      Direct spending jurisdiction       Entitlements funded in 
                                                 --------------------------------------   annual appropriations 
                    Committee                                                          -------------------------
                                                   Budget authority       Outlays          Budget               
                                                                                         authority     Outlays  
----------------------------------------------------------------------------------------------------------------
Appropriations..................................            795,878            835,346            0            0
Appropriations (Violent Crime Trust Fund).......                  0                  0            0            0
Agriculture, Nutrition, and Forestry............              6,017              2,990       10,068        8,492
Armed Services..................................             40,058             39,929            0            0
Banking, Housing, and Urban Affairs.............              5,881             -9,017            0            0
Commerce, Science, and Transportation...........              7,429              4,799          605          602
Energy and Natural Resources....................                143                222           52           54
Environment and Public Works....................             23,969              3,201            0            0
Finance.........................................            627,429            624,564      130,818      130,886
Foreign Relations...............................             11,429             12,859            0            0
Governmental Affairs............................             54,093             53,017            0            0
Judiciary.......................................              2,429              2,373          239          238
Labor and Human Resources.......................              5,534              5,009        1,412        1,412
Rules and Administration........................                 95                 25            0            0
Veterans' Affairs...............................              1,309              1,456       19,688       19,731
Select Indian Affairs...........................                392                362            0            0
Small Business..................................                  3               -296            0            0
Not allocated to committees.....................           -267,328           -265,828            0            0
                                                 ---------------------------------------------------------------
      Total.....................................         1,314,7600          1,311,011      162,882      161,415
----------------------------------------------------------------------------------------------------------------


SENATE COMMITTEE BUDGET AUTHORITY AND OUTLAY ALLOCATIONS PURSUANT TO SECTION 302 OF THE CONGRESSIONAL BUDGET ACT
                                             5-YEAR TOTAL: 1997-2001                                            
                                            [In millions of dollars]                                            
----------------------------------------------------------------------------------------------------------------
                                                      Direct spending jurisdiction       Entitlements funded in 
                                                 --------------------------------------   annual appropriations 
                    Committee                                                          -------------------------
                                                   Budget authority       Outlays          Budget               
                                                                                         authority     Outlays  
----------------------------------------------------------------------------------------------------------------
Agriculture, Nutrition, and Forestry............          4,252,729          4,379,329            0            0
Armed Services..................................                  0                  0            0            0
Banking, Housing, and Urban Affairs.............             17,361              2,652       81,443       48,025
Commerce, Science, and Transportation...........            223,276            222,626            0            0
Energy and Natural Resources....................             35,375            -18,628            0            0
Environment and Public Works....................             31,876             18,051        3,352        3,334
Finance.........................................              5,219              5,067          252          276
Foreign Relations...............................            128,545             10,883            0            0
Governmental Affairs............................          3,282,774          3,288,828      776,267      776,549
Judiciary.......................................             50,945             56,772            0            0
Labor and Human Resources.......................            294,435            288,737            0            0
Rules and Administration........................             19,705             19,396        1,257        1,254
Veterans' Affairs...............................             30,605             28,251        7,499        7,499
Select Indian Affairs...........................                486                402            0            0
Small Business..................................              2,552              3,908      103,415      103,285
                                                              1,965              1,832            0            0
                                                                  9             -1,264            0            0
                                                         -1,421,376         -1,388,376            0            0
                                                 ---------------------------------------------------------------
                                                          6,956,483          6,898,466      973,485      940,222
----------------------------------------------------------------------------------------------------------------

     From the Committee on the Budget, for consideration of the 
     House concurrent resolution and the Senate amendment, and 
     modifications committed to conference:

     John Kasich,
     Dave Hobson,
     Bob Walker,
     Jim Kolbe,
     Christopher Shays,
     Wally Herger,
                                Managers on the Part of the House.

     Pete V. Domenici,
     Chuck Grassley,
     Don Nickles,
     Phil Gramm,
     Christopher S. Bond,
     Slade Gorton,
     Managers on the Part of the Senate.

                          ____________________