[Congressional Record Volume 143, Number 66 (Monday, May 19, 1997)]
[House]
[Pages H2883-H2925]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                               AMENDMENTS

  Under clause 6 of rule XXIII, proposed amendments were submitted as 
follows:

                            H. Con. Res. 84

                         Offered By: Ms. Waters

               (Amendment in the Nature of a Substitute)

       Amendment No. 1: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,241,721,000,000.
       Fiscal year 1999: $1,295,692,000,000.
       Fiscal year 2000: $1,358,192,000,000.
       Fiscal year 2001: $1,421,796,000,000.
       Fiscal year 2002: $1,466,331,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: $36,142,000,000.
       Fiscal year 1999: $44,250,000,000.
       Fiscal year 2000: $54,953,000,000.
       Fiscal year 2001: $60,198,000,000.
       Fiscal year 2002: $45,352,000,000.
       (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 1998: $1,390,471,000,000.
       Fiscal year 1999: $1,460,826,000,000.
       Fiscal year 2000: $1,505,659,000,000.
       Fiscal year 2001: $1,544,830,000,000.
       Fiscal year 2002: $1,591,266,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,377,266,000,000.
       Fiscal year 1999: $1,445,118,000,000.
       Fiscal year 2000: $1,495,407,000,000.
       Fiscal year 2001: $1,517,370,000,000.
       Fiscal year 2002: $1,564,726,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $135,545,000,000.
       Fiscal year 1999: $147,426,000,000.
       Fiscal year 2000: $137,215,000,000.
       Fiscal year 2001: $95,534,000,000.
       Fiscal year 2002: $98,395,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,556,100,000,000.
       Fiscal year 1999: $5,803,200,000,000.
       Fiscal year 2000: $6,037,400,000,000.
       Fiscal year 2001: $6,241,600,000,000.
       Fiscal year 2002: $6,466,700,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $336,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $237,067,000,000.
       (B) Outlays, $245,233,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $233,589,000,000.
       (B) Outlays, $233,746,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $233,861,000,000.
       (B) Outlays, $232,174,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $235,829,000,000.
       (B) Outlays, $227,453,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $224,717,000,000.
       (B) Outlays, $221,137,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $21,545,000,000.
       (B) Outlays, $15,726,000,000.
       (C) New direct loan obligations, $1,966,000,000.
       (D) New primary loan guarantee commitments $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $17,533,000,000.
       (B) Outlays, $16,510,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments, 
     $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $18,647,000,000.
       (B) Outlays, $17,376,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments, 
     $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $18,759,000,000.
       (B) Outlays, $17,166,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments, 
     $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $18,696,000,000.
       (B) Outlays, $17,001,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments, 
     $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,522,000,000.
       (B) Outlays, $17,042,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $16,503,000,000.
       (B) Outlays, $16,745,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $16,322,000,000.
       (B) Outlays, $16,314,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $16,311,000,000.
       (B) Outlays, $16,271,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $16,302,000,000.
       (B) Outlays, $16,291,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $2,550,000,000.
       (B) Outlays, $1,731,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,094,000,000.
       (B) Outlays, $2,100,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $2,725,000,000.
       (B) Outlays, $1,822,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $2,425,000,000.
       (B) Outlays, $1,484,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $2,330,000,000.
       (B) Outlays, $1,312,000,000.
       (C) New direct loan obligations, $1,174,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $22,765,000,000.
       (B) Outlays, $21,352,000,000.
       (C) New direct loan obligations, $30,000,000.

[[Page H2884]]

       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $22,214,000,000.
       (B) Outlays, $21,550,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $21,495,000,000.
       (B) Outlays, $21,780,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $21,974,000,000.
       (B) Outlays, $22,362,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $22,614,000,000.
       (B) Outlays, $22,767,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $12,757,000,000.
       (B) Outlays, $11,465,000,000.
       (C) New direct loan obligations, $7,620,000,000.
       (D) New primary loan guarantee commitments $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,061,000,000.
       (B) Outlays, $10,543,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $11,637,000,000.
       (B) Outlays, $10,069,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,444,000,000.
       (B) Outlays, $8,937,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,300,000,000.
       (B) Outlays, $8,720,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,724,000,000.
       (B) Outlays, $828,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,117,000,000.
       (B) Outlays, $4,357,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,216,000,000.
       (B) Outlays, $9,820,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,226,000,000.
       (B) Outlays, $12,264,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,642,000,000.
       (B) Outlays, $12,481,000,000.
       (C) New direct loan obligations, $2,680,000,000.
       (D) New primary loan guarantee commitments 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $43,663,000,000.
       (B) Outlays, $39,261,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $45,737,000,000.
       (B) Outlays, $38,652,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $45,422,000,000.
       (B) Outlays, $37,640,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $46,698,000,000.
       (B) Outlays, $38,022,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $48,098,000,000.
       (B) Outlays, $38,665,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $11,550,000,000.
       (B) Outlays, $11,567,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,818,000,000.
       (B) Outlays, $10,803,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $8,366,000,000.
       (B) Outlays, $10,352,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $8,537,000,000.
       (B) Outlays, $9,606,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments $2,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $8,707,000,000.
       (B) Outlays, $9,165,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments $2,415,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $87,088,000,000.
       (B) Outlays, $74,799,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $91,900,000,000.
       (B) Outlays, $88,488,000,000.
       (C) New direct loan obligations, $13,032,000,000.
       (D) New primary loan guarantee commitments $21,898,000,000.
       Fiscal year 2000:
       (A) New budget authority, $95,876,000,000.
       (B) Outlays, $93,114,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $95,876,000,000.
       (B) Outlays, $93,114,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $99,897,000,000.
       (B) Outlays, $97,336,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $138,580,000,000.
       (B) Outlays, $138,347,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $152,463,000,000.
       (B) Outlays, $152,307,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $112,258,000,000.
       (B) Outlays, $162,025,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $172,747,000,000.
       (B) Outlays, $172,314,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $184,519,000,000.
       (B) Outlays, $183,955,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $205,685,000,000.
       (B) Outlays, $205,808,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $225,366,000,000.
       (B) Outlays, $224,825,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $241,420,000,000.
       (B) Outlays, $245,382,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $261,614,000,000.
       (B) Outlays, $256,765,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $283,933,000,000.

[[Page H2885]]

       (B) Outlays, $283,140,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $245,866,000,000.
       (B) Outlays, $255,468,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $260,828,000,000.
       (B) Outlays, $265,255,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $277,750,000,000.
       (B) Outlays, $279,066,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $284,544,000,000.
       (B) Outlays, $254,127,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $298,580,000,000.
       (B) Outlays, $297,014,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,472,000,000.
       (B) Outlays, $11,547,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $12,111,000,000.
       (B) Outlays, $12,231,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $12,858,000,000.
       (B) Outlays, $12,918,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,115,000,000.
       (B) Outlays, $13,116,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,513,000,000.
       (B) Outlays, $14,513,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $41,235,000,000.
       (B) Outlays, $41,885,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $42,047,000,000.
       (B) Outlays, $42,184,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $42,477,000,000.
       (B) Outlays, $44,312,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,201,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,855,000,000.
       (B) Outlays, $41,105,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $43,301,000,000.
       (B) Outlays, $43,361,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $26,165,000,000.
       (B) Outlays, $24,009,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $26,161,000,000.
       (B) Outlays, $25,378,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $25,573,000,000.
       (B) Outlays, $26,541,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $25,556,000,000.
       (B) Outlays, $27,042,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $25,576,000,000.
       (B) Outlays, $25,451,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,898,000,000.
       (B) Outlays, $14,040,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $14,639,001,000.
       (B) Outlays, $14,490,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $14,222,000,000.
       (B) Outlays, $14,625,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $14,014,000,000.
       (B) Outlays, $14,405,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $14,122,000,000.
       (B) Outlays, $14,060,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $295,593,000,000.
       (B) Outlays, $295,593,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $301,972,000,000.
       (B) Outlays, $301,972,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $300,590,000,000.
       (B) Outlays, $300,590,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $297,107,000,000.
       (B) Outlays, $297,107,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $295,816,000,000.
       (B) Outlays, $295,816,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, -$11,864,000,000.
       (B) Outlays, -$5,369,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, -$4,093,000,000.
       (B) Outlays, -$3,734,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, -$3,935,000,000.
       (B) Outlays, -$3,672,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, -$4,370,000,000.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$41,244,000,000.
       (B) Outlays, -$41,244,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$32,858,000,000.
       (B) Outlays, -$32,858,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,516,000,000.
       (B) Outlays, -$36,516,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$38,845,000,000.
       (B) Outlays, -$38,845,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$41,331,000,000.
       (B) Outlays, -$41,331,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.

[[Page H2886]]

                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Submissions.--Not later than August 1, 1997, the House 
     committees named in subsection (b) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (b) Instructions.--
       (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: $396,058,000,000 
     in outlays for fiscal year 1998, $592,292,000,000 in outlays 
     for fiscal year 2002, and $2,724,790,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (2) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,268,000,000 in outlays 
     for fiscal year 1998, $535,924,000,000 in outlays for fiscal 
     year 2002, and $2,692,944,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction sufficient to 
     increase revenues as follows: by $36,142,000,000 in revenues 
     for fiscal year 1998, by $45,352,000,000 in revenues for 
     fiscal year 2002, and by $240,895,000,000 in revenues in 
     fiscal years 1998 through 2002.
       (c) 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.

                            H. Con. Res. 84

                       Offered By: Mr. Doolittle

               (Amendment in the Nature of a Substitute)

       Amendment No. 2: Strike all after the resolving clause and 
     insert in lieu thereof the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,198,979,000,000.
       Fiscal year 1999: $1,241,859,000,000.
       Fiscal year 2000: $1,285,559,000,000.
       Fiscal year 2001: $1,343,591,000,000.
       Fiscal year 2002: $1,407,564,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: -$11,200,000,000.
       Fiscal year 1999: -$25,400,000,000.
       Fiscal year 2000: -$43,900,000,000.
       Fiscal year 2001: -$56,100,000,000.
       Fiscal year 2002: -$55,900,000,000.
       (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 1998: $1,378,600,000,000.
       Fiscal year 1999: $1,430,400,000,000.
       Fiscal year 2000: $1,475,100,000,000.
       Fiscal year 2001: $1,509,400,000,000.
       Fiscal year 2002: $1,530,100,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,368,000,000,000.
       Fiscal year 1999: $1,409,800,000,000.
       Fiscal year 2000: $1,446,600,000,000.
       Fiscal year 2001: $1,468,100,000,000.
       Fiscal year 2002: $1,480,100,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $172,800,000,000.
       Fiscal year 1999: $182,300,000,000.
       Fiscal year 2000: $183,000,000,000.
       Fiscal year 2001: $157,800,000,000.
       Fiscal year 2002: $108,500,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,592,500,000,000.
       Fiscal year 1999: $5,834,900,000,000.
       Fiscal year 2000: $6,081,000,000,000.
       Fiscal year 2001: $6,298,300,000,000.
       Fiscal year 2002: $6,474,400,000,000.
       (6) Direct loan obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary loan guarantee commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $268,197,000,000.
       (B) Outlays, $265,978,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $270,784,000,000.
       (B) Outlays, $265,771,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $274,802,000,000.
       (B) Outlays, $268,418,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $281,305,000,000.
       (B) Outlays, $270,110,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $289,092,000,000.
       (B) Outlays, $272,571,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $15,400,000,000.
       (B) Outlays, $14,600,000,000.
       (C) New direct loan obligations, $1,966,000,000.
       (D) New primary loan guarantee commitments, 
     $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,100,000,000.
       (B) Outlays, $14,300,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments, 
     $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $14,200,000,000.
       (B) Outlays, $14,000,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments, 
     $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,000,000,000.
       (B) Outlays, $14,000,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments, 
     $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $17,500,000,000.
       (B) Outlays, $14,900,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments, 
     $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,000,000,000.
       (B) Outlays, $16,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $15,300,000,000.
       (B) Outlays, $15,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $14,500,000,000.
       (B) Outlays, $15,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $15,800,000,000. (same)
       (B) Outlays, $15,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $17,100,000,000.
       (B) Outlays, $16,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,600,000,000.
       (B) Outlays, $2,500,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,500,000,000.
       (B) Outlays, $2,800,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $3,300,000,000.
       (B) Outlays, $2,500,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $3,600,000,000.
       (B) Outlays, $2,500,000,000.

[[Page H2887]]

       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $4,200,000,000.
       (B) Outlays, $2,800,000,000.
       (C) New direct loan obligations, $1,171,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $22,200,000,000.
       (B) Outlays, $22,800,000,000.
       (C) New direct loan obligations, $3,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $21,700,000,000.
       (B) Outlays, $22,500,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $21,300,000,000.
       (B) Outlays, $22,000,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $22,300,000,000.
       (B) Outlays, $22,300,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $23,400,000,000.
       (B) Outlays, $23,100,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,133,000,000.
       (B) Outlays, $11,872,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,200,000,000.
       (B) Outlays, $10,700,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $11,500,000,000.
       (B) Outlays, $9,900,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,700,000,000.
       (B) Outlays, $9,000,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,900,000,000.
       (B) Outlays, $9,200,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,700,000,000.
       (B) Outlays, -$900,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,000,000.000.
       (B) Outlays, $4,200,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $14,700,000,000.
       (B) Outlays, $9,400,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,000,000,000.
       (B) Outlays, $12,100,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $17,100,000,000.
       (B) Outlays, $13,000,000,000.
       (C) New direct loan obligations, $2,680,000,000.
       (D) New primary loan guarantee commitments 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $46,700,000,000.
       (B) Outlays, $41,000,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $50,600,000,000.
       (B) Outlays, $41,300,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $53,600,000,000.
       (B) Outlays, $41,300,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $55,600,000,000.
       (B) Outlays, $41,300,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $54,900,000,000.
       (B) Outlays, $41,200,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $9,000,000,000.
       (B) Outlays, $10,600,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,300,000,000.
       (B) Outlays, $9,900,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $7,800,000,000.
       (B) Outlays, $9,200,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $8,500,000,000.
       (B) Outlays, $8,500,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments $2,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $9,400,000,000.
       (B) Outlays, $8,300,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments $2,475,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $56,500,000,000.
       (B) Outlays, $55,400,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $57,000,000,000.
       (B) Outlays, $56,400,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments $21,899,000,000.
       Fiscal year 2000:
       (A) New budget authority, $56,900,000,000.
       (B) Outlays, $57,800,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $61,400,000,000.
       (B) Outlays, $59,800,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $62,900,000,000.
       (B) Outlays, $61,200,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments, 
     $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $136,500,000,000.
       (B) Outlays, $137,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $143,100,000,000.
       (B) Outlays, $143,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $151,600,000,000.
       (B) Outlays, $151,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $162,600,000,000.
       (B) Outlays, $161,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $173,000,000,000.
       (B) Outlays, $171,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $201,700,000,000.
       (B) Outlays, $201,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $212,200,000,000.
       (B) Outlays, $211,700,000,000.
       (C) New direct loan obligations, $0.

[[Page H2888]]

       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $225,700,000,000.
       (B) Outlays, $225,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $239,800,000,000.
       (B) Outlays, $238,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $251,800,000,000.
       (B) Outlays, $251,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $238,500,000,000.
       (B) Outlays, $244,100,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $251,300,000,000.
       (B) Outlays, $252,700,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $264,500,000,000.
       (B) Outlays, $261,000,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $271,100,000,000.
       (B) Outlays, $270,600,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $286,700,000,000.
       (B) Outlays, $282,000,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,400,000,000.
       (B) Outlays, $11,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $12,100,000,000.
       (B) Outlays, $11,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $12,800,000,000.
       (B) Outlays, $12,600,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,000,000,000.
       (B) Outlays, $12,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,900,000,000.
       (B) Outlays, $14,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $39,600,000,000.
       (B) Outlays, $40,300,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $39,300,000,000.
       (B) Outlays, $39,700,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $38,200,000,000.
       (B) Outlays, $38,600,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $40,700,000,000.
       (B) Outlays, $40,600,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $43,300,000,000.
       (B) Outlays, $43,200,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $24,400,000,000.
       (B) Outlays, $24,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $25,200,000,000.
       (B) Outlays, $24,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $25,300,000,000.
       (B) Outlays, $25,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $24,600,000,000.
       (B) Outlays, $25,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $23,900,000,000.
       (B) Outlays, $24,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,600,000,000.
       (B) Outlays, $14,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $14,500,000,000.
       (B) Outlays, $14,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $14,500,000,000.
       (B) Outlays, $14,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $14,800,000,000.
       (B) Outlays, $14,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,700,000,000.
       (B) Outlays, $14,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $296,549,000,000.
       (B) Outlays, $296,549,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $304,567,000,000.
       (B) Outlays, $304,567,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $304,867,000,000.
       (B) Outlays, $304,867,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $303,659,000,000.
       (B) Outlays, $303,659,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $303,754,000,000.
       (B) Outlays, $303,754,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, -$12,900,000,000.
       (B) Outlays, -$16,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, -$36,800,000,000.
       (B) Outlays, -$36,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$48,800,000,000.
       (B) Outlays, -$48,800,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$44,400,000,000.
       (B) Outlays, -$44,400,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$46,000,000,000.
       (B) Outlays, -$46,000,000,000.
       (C) New direct loan obligations, $0.

[[Page H2889]]

       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$50,000,000,000.
       (B) Outlays, -$50,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$64,100,000,000.
       (B) Outlays, -$64,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Purpose.--The purpose of this section is to provide for 
     two separate reconciliation bills: the first for entitlement 
     reforms and the second for tax relief. In the event Senate 
     procedures preclude the consideration of two separate bills, 
     this section would permit the consideration of one omnibus 
     reconciliation bill.
       (b) Submissions.--
       (1) Entitlement reforms.--Not later than June 12, 1997, the 
     House committees named in subsection (c) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (2) Tax relief and miscellaneous reforms.--Not later than 
     June 13, 1997, the House committees named in subsection (d) 
     shall submit their recommendations to the House Committee on 
     the Budget. After receiving those recommendations, the House 
     Committee on the Budget shall report to the House a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.
       (c) Instructions Relating to Entitlement 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: $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: $8,435,000,000 in outlays for 
     fiscal year 1998, $5,091,000,000 in outlays for fiscal year 
     2002, and $50,306,000,000 in outlays in fiscal years 1998 
     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: $393,770,000,000 
     in outlays for fiscal year 1998, $507,315,000,000 in outlays 
     for fiscal year 2002, and $2,619,820,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $214,000,000 in fiscal year 
     1998, $621,000,000 in fiscal year 2002, and $1,829,000,000 in 
     fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,483,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,845,000,000 in outlays for fiscal year 2002, and 
     $140,197,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,463,000,000 in outlays 
     for fiscal year 1998, $506,377,000,000 in outlays for fiscal 
     year 2002, and $2,621,195,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,168,336,000,000 in revenues for fiscal year 1998, 
     $1,346,679,000,000 in revenues for fiscal year 2002, and 
     $7,384,496,000,000 in revenues in fiscal years 1998 through 
     2002.
       (d) Instructions Relating to Tax Relief and Miscellaneous 
     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: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 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: $8,435,000,000 in outlays 
     for fiscal year 1998, $5,091,000,000 in outlays for fiscal 
     year 2002, and $50,306,000,000 in outlays in fiscal years 
     1998 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: $393,770,000,000 
     in outlays for fiscal year 1998, $507,315,000,000 in outlays 
     for fiscal year 2002, and $2,619,820,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $214,000,000 in fiscal year 
     1998, $621,000,000 in outlays for fiscal year 2002, and 
     $1,829,000,000 in fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,483,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,845,000,000 in outlays for fiscal year 2002, and 
     $140,197,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,463,000,000 in outlays 
     for fiscal year 1998, $506,377,000,000 in outlays for fiscal 
     year 2002, and $2,621,195,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,160,936,000,000 in revenues for fiscal year 1998, 
     $1,326,179,000,000 in revenues for fiscal year 2002, and 
     $7,299,496,000,000 in revenues in fiscal years 1998 through 
     2002.
       (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.
       (f) Flexibility in Carrying Out Children's Health 
     Initiative.--If the Committees on Commerce and Ways and Means 
     report recommendations pursuant to their reconciliation 
     instructions that provide an initiative for children's health 
     that would increase the deficit by more than $2.3 billion for 
     fiscal year 1998, by more than $3.9 billion for fiscal year 
     2002, and by more than $16 billion for the period of fiscal 
     years 1998 through 2002, the committees shall be deemed to 
     not have complied with their reconciliation instructions 
     pursuant to section 310(d) of the Congressional Budget Act of 
     1974.
                     TITLE III--BUDGET ENFORCEMENT

     SEC. 301. DEFICIT-NEUTRAL RESERVE FUND FOR SURFACE 
                   TRANSPORTATION.

       (a) Purpose.--The purpose of this section is to adjust the 
     appropriate budgetary levels to accommodate legislation 
     increasing spending from the highway trust fund on surface 
     transportation and highway safety above the levels assumed in 
     this resolution if such legislation is deficit neutral.
       (b) Deficit Neutrality Requirement.--(1) In order to 
     receive the adjustments specified

[[Page H2890]]

     in subsection (c), a bill reported by the Committee on 
     Transportation and Infrastructure that provides new budget 
     authority above the levels assumed in this resolution for 
     programs authorized out of the highway trust fund must be 
     deficit neutral.
       (2) A deficit-neutral bill must meet the following 
     conditions:
       (A) The amount of new budget authority provided for 
     programs authorized out of the highway trust fund must be in 
     excess of $25.949 billion in new budget authority for fiscal 
     year 1998, $25.464 billion in new budget authority for fiscal 
     year 2002, and $127.973 billion in new budget authority for 
     the period of fiscal years 1998 through 2002.
       (B) The outlays estimated to flow from the excess new 
     budget authority set forth in subparagraph (A) must be offset 
     for fiscal year 1998, fiscal year 2002, and for the period of 
     fiscal years 1998 through 2002. For the sole purpose of 
     estimating the amount of outlays flowing from excess new 
     budget authority under this section, it shall be assumed that 
     such excess new budget authority would have an obligation 
     limitation sufficient to accommodate that new budget 
     authority.
       (C) The outlays estimated to flow from the excess new 
     budget authority must be offset by (i) other direct spending 
     or revenue provisions within that transportation bill, (ii) 
     the net reduction in other direct spending and revenue 
     legislation that is enacted during this Congress after the 
     date of adoption of this resolution and before such 
     transportation bill is reported (in excess of the levels 
     assumed in this resolution), or (iii) a combination of the 
     offsets specified in clauses (i) and (ii).
       (D) As used in 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.
       (c) Revised Levels.--(1) When the Committee on 
     Transportation and Infrastructure reports a bill (or when a 
     conference report thereon is filed) meeting the conditions 
     set forth in subsection (b)(2), the chairman of the Committee 
     on the Budget shall increase the allocation of new budget 
     authority to that committee by the amount of new budget 
     authority provided in that bill (and that is above the levels 
     set forth in subsection (b)(2)(A)) for programs authorized 
     out of the highway trust fund.
       (2) After the enactment of the transportation bill 
     described in paragraph (1) and upon the reporting of a 
     general, supplemental or continuing resolution making 
     appropriations by the Committee on Appropriations (or upon 
     the filing of a conference report thereon) establishing an 
     obligation limitation above the levels specified in 
     subsection (b)(2)(A) (at a level sufficient to obligate some 
     or all of the budget authority specified in paragraph (1)), 
     the chairman of the Committee on the Budget shall increase 
     the allocation and aggregate levels of outlays to that 
     committee for fiscal years 1998 and 1999 by the appropriate 
     amount.
       (d) Revisions.--Allocations and aggregates revised pursuant 
     to this section shall be considered for purposes of the 
     Congressional Budget Act of 1974 as allocations and 
     aggregates contained in this resolution.
       (e) Reversals.--If any legislation referred to in this 
     section is not enacted into law, then the chairman of the 
     House Committee on the Budget shall, as soon as practicable, 
     reverse adjustments made under this section for such 
     legislation and have such adjustments published in the 
     Congressional Record.
       (f) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.
       (g) Definition.--As used in this section, the term 
     ``highway trust fund'' refers to the following budget 
     accounts (or any successor accounts):
       (1) 69-8083-0-7-401 (Federal-Aid Highways).
       (2) 69-8191-0-7-401 (Mass Transit Capital Fund).
       (3) 69-8350-0-7-401 (Mass Transit Formula Grants).
       (4) 69-8016-0-7-401 (National Highway Traffic Safety 
     Administration-Operations and Research).
       (5) 69-8020-0-7-401 (Highway Traffic Safety Grants).
       (6) 69-8048-0-7-401 (National Motor Carrier Safety 
     Program).

     SEC. 302. SALE OF GOVERNMENT ASSETS.

       (a) Budgetary treatment.--
       (1) In general.--For the purpose of any concurrent 
     resolution on the budget and the Congressional Budget Act of 
     1974, no amounts realized from the sale of an asset shall be 
     scored with respect to the level of budget authority, 
     outlays, or revenues if such sale would cause an increase in 
     the deficit as calculated pursuant to paragraph (2).
       (2) Calculation of net present value.--The deficit estimate 
     of an asset sale shall be the net present value of the cash 
     flow from--
       (A) proceeds from the asset sale;
       (B) future receipts that would be expected from continued 
     ownership of the asset by the Government; and
       (C) expected future spending by the Government at a level 
     necessary to continue to operate and maintain the asset to 
     generate the receipts estimated pursuant to subparagraph (B).
       (b) Definition.--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.
       (c) Treatment of Loan Assets.--For the 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.
       (d) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.

     SEC. 303. ENVIRONMENTAL RESERVE FUND.

       (a) Committee Allocations.--In the House, after the 
     Committee on Commerce and the Committee on Transportation and 
     Infrastructure report a bill (or a conference report thereon 
     is filed) to reform the Superfund program to facilitate the 
     cleanup of hazardous waste sites, the chairman of the 
     Committee on the Budget shall submit revised allocations and 
     budget aggregates to carry out this section by an amount not 
     to exceed the excess subject to the limitation. These 
     revisions shall be considered for purposes of the 
     Congressional Budget Act of 1974 as the allocations and 
     aggregates contained in this resolution.
       (b) Limitations.--The adjustments made under this section 
     shall not exceed--
       (1) $200 million in budget authority for fiscal year 1998 
     and the estimated outlays flowing therefrom.
       (2) $200 million in budget authority for fiscal year 2002 
     and the estimated outlays flowing therefrom.
       (3) $1 billion in budget authority for the period of fiscal 
     years 1998 through 2002 and the estimated outlays flowing 
     therefrom.
       (c) Readjustments.--In the House, any adjustments made 
     under this section for any appropriation measure may be 
     readjusted if that measure is not enacted into law.

     SEC. 304. SEPARATE ALLOCATION FOR LAND ACQUISITIONS AND 
                   EXCHANGES.

       (a) Allocation by Chairman.--In the House, upon the 
     reporting of a bill by the Committee on Appropriations (or 
     upon the filing of a conference report thereon) providing up 
     to $165 million in outlays for Federal land acquisitions and 
     to finalize priority Federal land exchanges for fiscal year 
     1998 (assuming $700 million in outlays over 5 fiscal years, 
     the chairman of the Committee on the Budget shall allocate 
     that amount of outlays and the corresponding amount of 
     budget authority.
       (b) Treatment of Allocations in the House.--In the House, 
     for purposes of the Congressional Budget Act of 1974, 
     allocations made under subsection (a) shall be deemed to be 
     made pursuant to section 602(a)(1) of that Act and shall be 
     deemed to be a separate suballocation for purposes of the 
     application of section 302(f) of that Act as modified by 
     section 602(c) of that Act.

     SEC. 305. BALANCED BUDGET REQUIREMENT.

       (a) In General.--It shall not be in order in the House of 
     Representatives or the Senate to consider any concurrent 
     resolution on the budget (or amendment or motion thereto, or 
     conference report thereon) or any bill, joint resolution, 
     amendment, motion, or conference report that would cause--
       (1) total outlays for fiscal year 2002 or any fiscal year 
     thereafter to exceed total receipts for that fiscal year, 
     unless three-fifths of the whole number of each House of 
     Congress provide for a specific excess of outlays over 
     receipts by a rollcall vote;
       (2) an increase in the limit on the debt of the United 
     States held by the public, unless three-fifths of the whole 
     number of each House provide for such an increase by a 
     rollcall vote; or
       (3) an increase in revenues unless approved by a majority 
     of the whole number of each House by a rollcall vote.
       (b) Waiver.--The Congress may waive the provisions of this 
     section for any fiscal year in which a declaration of war is 
     in effect. The provisions of this section may be waived for 
     any fiscal year in which the United States is engaged in 
     military conflict which causes an imminent and serious 
     military threat to national security and is so declared by a 
     joint resolution, adopted by a majority of the whole number 
     of each House, which becomes law.
       (c) Definition.--Total receipts shall include all receipts 
     of the United States Government except those derived from 
     borrowing. Total outlays shall include all outlays of the 
     United States Government except for those for repayment of 
     debt principal.

                 TITLE IV--SENSE OF CONGRESS PROVISIONS

     SEC. 401. SENSE OF CONGRESS ON BASELINES.

       (a) Findings.--The 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 portrayed 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 and executive accountability for 
     Federal spending.

     SEC. 402. SENSE OF CONGRESS ON REPAYMENT OF THE FEDERAL DEBT.

       (a) Findings.--The Congress finds that:

[[Page H2891]]

       (1) The Congress and the President have a basic moral and 
     ethical responsibility to future generations to repay the 
     Federal debt, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The Congress and the President should enact a law which 
     creates a regimen for paying off the Federal debt within 30 
     years.
       (b) Sense of Congress Regarding President's Submission to 
     Congress.--It is the sense of Congress that:
       (1) The President's annual budget submission to Congress 
     should include a plan for repayment of Federal debt beyond 
     the year 2002, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The plan should specifically explain how the President 
     would cap spending growth at a level one percentage point 
     lower than projected growth in revenues.
       (3) If spending growth were held to a level one percentage 
     point lower than projected growth in revenues, then the 
     Federal debt could be repaid within 30 years.

     SEC. 403. SENSE OF CONGRESS ON COMMISSION ON LONG-TERM 
                   BUDGETARY PROBLEMS.

       (a) Findings.--The Congress finds that--
       (1) achieving a balanced budget by fiscal year 2002 is only 
     the first step necessary to restore our Nation's economic 
     prosperity;
       (2) the imminent retirement of the baby-boom generation 
     will greatly increase the demand for government services;
       (3) the burden will be borne by a relatively smaller work 
     force resulting in an unprecedented intergovernmental 
     transfer of financial resources;
       (4) the rising demand for retirement and medical benefits 
     will quickly jeopardize the solvency of the medicare, social 
     security, and Federal retirement trust funds; and
       (5) the Congressional Budget Office has estimated that 
     marginal tax rates would have to increase by 50 percent over 
     the next 5 years to cover the long-term projected costs of 
     retirement and health benefits.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to create a commission to 
     assess long-term budgetary problems. Their implications for 
     both the baby-boom generation and tomorrow's workforce, and 
     make such recommendation as it deems appropriate to ensure 
     our Nation's future prosperity.

                            H. Con. Res. 84

                  Offered By: Mr. Brown of California

               (Amendment in the Nature of a Substitute)

       Amendment No. 3: Strike all after the resolving clause and 
     insert in lieu thereof the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress determines and declares that the concurrent 
     resolution on the budget for fiscal year 1998 is hereby 
     established and that the appropriate budgetary levels for 
     fiscal years 1999 through 2002 are hereby set forth.

     SEC. 2. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,206,035,000,000.
       Fiscal year 1999: $1,251,843,000,000.
       Fiscal year 2000: $1,303,638,000,000.
       Fiscal year 2001: $1,361,895,000,000.
       Fiscal year 2202: $1,421,072,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: $10,419,000,000.
       Fiscal year 1999: $15,212,000,000.
       Fiscal year 2000: $16,589,000,000.
       Fiscal year 2001: $16,807,000,000.
       Fiscal year 2002: $18,133,000,000.
       (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 1998: $1,392,730,000,000.
       Fiscal year 1999: $1,448,751,000,000.
       Fiscal year 2000: $1,500,328,000,000.
       Fiscal year 2001: $1,535,090,000,000.
       Fiscal year 2002: $1,582,693,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,358,584,000,000.
       Fiscal year 1999: $1,422,994,000,000.
       Fiscal year 2000: $1,480,134,000,000.
       Fiscal year 2001: $1,495,092,000,000.
       Fiscal year 2002: $1,544,270,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $142,130,000,000.
       Fiscal year 1999: $155,939,000,000.
       Fiscal year 2000: $159,907,000,000.
       Fiscal year 2001: $116,390,000,000.
       Fiscal year 2002: $105,065,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,686,700,000,000.
       Fiscal year 1999: $5,954,900,000,000.
       Fiscal year 2000: $6,230,900,000,000.
       Fiscal year 2001: $6,488,700,000,000.
       Fiscal year 2002: $6,752,800,000,000.
       (6) Direct loan obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $35,050,000,000.
       Fiscal year 1999: $34,901,000,000.
       Fiscal year 2000: $36,649,000,000.
       Fiscal year 2001: $38,249,000,000.
       Fiscal year 2002: $39,415,000,000.
       (7) Primary loan guarantee commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 3. MAJOR FUNCTIONAL CATEGORIES.

       The Congress determines and declares that the appropriate 
     levels of new budget authority, budget outlays, new direct 
     loan obligations, and new primary loan guarantee commitments 
     for fiscal years 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $262,267,000,000.
       (B) Outlays, $259,255,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $262,354,000,000.
       (B) Outlays, $261,353,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $262,505,000,000.
       (B) Outlays, $265,423,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $262,528,000,000.
       (B) Outlays, $257,287,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $262,552,000,000.
       (B) Outlays, $259,471,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $18,471,000,000.
       (B) Outlays, $14,207,000,000.
       (C) New direct loan obligations, $1,966,000,000.
       (D) New primary loan guarantee commitments $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $15,317,000,000.
       (B) Outlays, $14,795,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments, 
     $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $16,360,000,000.
       (B) Outlays, $15,343,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments, 
     $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,603,000,000.
       (B) Outlays, $14,991,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments, 
     $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,920,000,000.
       (B) Outlays, $15,073,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments, 
     $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $17,498,000,000.
       (B) Outlays, $17,587,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $18,364,000,000.
       (B) Outlays, $18,147,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $19,281,000,000.
       (B) Outlays, $18,713,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $20,244,000,000.
       (B) Outlays, $19,687,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $21,254,000,000.
       (B) Outlays, $20,715,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,287,000,000.
       (B) Outlays, $2,468,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,537,000,000.
       (B) Outlays, $2,543,000,000.
       (C) New direct loan obligations, $1,078,000,000.

[[Page H2892]]

       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $3,717,000,000.
       (B) Outlays, $2,814,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $3,857,000,000.
       Outlays, $2,916,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $4,115,000,000.
       (B) Outlays, $3,097,000,000.
       (C) New direct loan obligations, $1,174,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $23,410,000,000.
       (B) Outlays, $21,899,000,000.
       (C) New direct loan obligations, $30,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $23,253,000,000.
       (B) Outlays, $22,604,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $23,503,000,000.
       (B) Outlays, $23,253,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $23,449,000,000.
       (B) Outlays, $23,518,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $23,540,000,000.
       (B) Outlays, $23,527,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,319,000,000.
       (B) Outlays, $11,990,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $13,066,000,000.
       (B) Outlays $11,516,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,567,000,000.
       (B) Outlays $10,978,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $11,429,000,000.
       (B) Outlays, $9,899,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $11,232,000,000.
       (B) Outlays, $9,630,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,824,000,000.
       (B) Outlays, -$728,000,000.
       (C) New direct loan obligations, $5,960,000,000.
       (D) New primary loan guarantee commitments 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,317,000,000.
       (B) Outlays, $4,507,000,000.
       (C) New direct loan obligations, $3,410,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,488,000,000.
       (B) Outlays $10,092,000,000.
       (C) New direct loan obligations, $4,112,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,326,000,000.
       (B) Outlays, $12,364,000,000.
       (C) New direct loan obligations, $4,784,000,000.
       (D) New primary loan guarantee commitments, 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,942,000,000.
       (B) Outlays, $12,781,000,000.
       (C) New direct loan obligations, $4,996,000,000.
       (D) New primary loan guarantee commitments, 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New Budget authority, $50,846,000,000.
       (B) Outlays, $40,962,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $54,715,000,000.
       (B) Outlays, $43,317,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $56,172,000,000.
       (B) Outlays, $45,600,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $57,373,000,000.
       (B) Outlays, $46,552,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $58,598,000,000.
       (B) Outlays, $47,130,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $17,269,000,000.
       (B) Outlays, $11,417,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments, $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,678,000,000.
       (B) Outlays, $11,997,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments, $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $8,108,000,000.
       (B) Outlays, $11,670,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments, $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $8,114,000,000.
       (B) Outlays, $11,717,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments, $2,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $8,215,000,000.
       (B) Outlays, $8,845,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments, $2,475,000,000
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $60,011,000,000.
       (B) Outlays, $56,273,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments, $20,665,000,000
       Fiscal year 1999:
       (A) New budget authority, $61,143,000,000.
       (B) Outlays, $59,848,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments, $21,899,000,000
       Fiscal year 2000:
       (A) New budget authority, $62,508,000,000.
       (B) Outlays, $61,352,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments, $23,263,000,000
       Fiscal year 2001:
       (A) New budget authority, $64,090,000,000.
       (B) Outlays, $62,780,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments, $24,517,000,000
       Fiscal year 2002:
       (A) New budget authority, $65,603,000,000.
       (B) Outlays, $64,401,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments, $25,676,000,000
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $135,308,000,000.
       (B) Outlays, $135,055,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $85,000,000
       Fiscal year 1999:
       (A) New budget authority, $144,365,000,000.
       (B) Outlays, $143,871,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $154,728,000,000.
       (B) Outlays, $153,938,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $165,730,000,000.
       (B) Outlays, $164,816,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $177,877,000,000.
       (B) Outlays, $176,816,000,000.

[[Page H2893]]

       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $205,310,000,000.
       (B) Outlays, $200,350,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $219,430,000,000.
       (B) Outlays, $212,640,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $232,828,000,000.
       (B) Outlays, $225,857,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $249,027,000,000.
       (B) Outlays, $234,765,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $265,828,000,000.
       (B) Outlays, $254,365,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $236,956,000,000.
       (B) Outlays, $246,922,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $254,293,000,000.
       (B) Outlays, $257,304,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $270,810,000,000.
       (B) Outlays, $272,008,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $277,236,000,000.
       (B) Outlays, $276,973,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $290,973,000,000.
       (B) Outlays, $289,943,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $8,179,000,000.
       (B) Outlays, $8,179,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $8,865,000,000.
       (B) Outlays, $8,865,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $9,622,000,000.
       (B) Outlays, $9,622,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $9,879,000,000.
       (B) Outlays, $9,879,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $11,272,000,000.
       (B) Outlays, $11,272,000.
       (C) New primary loan guarantee commitments $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $40,462,000,000.
       (B) Outlays, $41,112,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $41,918,000.00.
       (B) Outlays, $42,055,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $42,385,000,000.
       (B) Outlays, $44,220,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,826,000,000.
       (B) Outlays, $41,076,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $43,289,000,000.
       (B) Outlays, $43,349,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750);
       Fiscal year 1998:
       (A) New budget authority, $22,360,000,000.
       (B) Outlays, $20,620,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $22,325,000,000.
       (B) Outlays, $21,834,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $24,691,000,000.
       (B) Outlays, $24,058,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $25,060,000,000.
       (B) Outlays, $24,656,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $25,708,000,000.
       (B) Outlays, $25,322,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $13,089,000,000.
       (B) Outlays, $13,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $13,121,000,000.
       (B) Outlays, $13,108,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $13,162,000,000.
       (B) Outlays, $13,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,206,000,000.
       (B) Outlays, $13,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $13,277,000,000.
       (B) Outlays, $13,036,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $295,741,000,000.
       (B) Outlays, $295,741,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $302,183,000,000.
       (B) Outlays, $302,183,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $301,113,000,000.
       (B) Outlays, $301,113,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $298,020,000,000.
       (B) Outlays, $298,020,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $296,583,000,000.
       (B) Outlays, $296,583,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.

[[Page H2894]]

       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$41,244,000,000.
       (B) Outlays, -$41,244,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$32,858,000,000.
       (B) Outlays, -$232,858,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$32,516,000,000.
       (B) Outlays, -$32,516,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$33,143,000,000.
       (B) Outlays, -$33,143,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$34,327,000,000.
       (B) Outlays, -$34,327,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.

     SEC. 4. INVESTMENTS.

       The Congress determines and declares that the appropriate 
     levels of new budget authority and budget outlays for Federal 
     investments for fiscal years 1998 through 2002 for each major 
     functional category are:
       (1) National Defense (050)--for subfunction 051 for 
     Research, Development, Test, and Evaluation:
       Fiscal year 1998:
       (A) New budget authority, $35,934,000,000.
       (B) Budget outlays, $36,645,000,000.
       Fiscal year 1999:
       (A) New budget authority, $35,044,000,000.
       (B) Budget outlays, $35,152,000,000.
       Fiscal year 2000:
       (A) New budget authority, $35,044,000,000.
       (B) Budget outlays, $34,666,000,000.
       Fiscal year 2001:
       (A) New budget authority, $35,044,000,000.
       (B) Budget outlays, $34,738,000,000.
       Fiscal year 2002:
       (A) New budget authority, $35,044,000,000.
       (B) Budget outlays, $34,950,000,000.
       (2) General Science, Space, and Technology (250)--for 
     subfunctions 251 and 252 for General Science, Space and 
     Technology programs:
       Fiscal year 1998:
       (A) New budget authority, $17,460,000,000.
       (B) Budget outlays, $17,040,000,000.
       Fiscal year 1999:
       (A) New budget authority, $18,333,000,000.
       (B) Budget outlays, $17,838,000,000.
       Fiscal year 2000:
       (A) New budget authority, $19,250,000,000.
       (B) Budget outlays $18,599,000,000.
       Fiscal year 2001:
       (A) New budget authority, $20,213,000,000.
       (B) Budget outlays, $19,512,000,000.
       Fiscal year 2002:
       (A) New budget authority, $21,223,000,000.
       (B) Budget outlays, $20,534,000,000.
       (3) Energy (270)--for subfunction 271 for Energy Supply 
     Research and Development, and subfunction 272 for Energy 
     Conservation--
       Fiscal year 1998:
       (A)New budget authority, $3,937,000,000.
       (B) Budget outlays, $4,148,000,000.
       Fiscal year 1999:
       (A) New budget authority, $4,134,000,000.
       (B) Budget outlays, $4,180,000,000.
       Fiscal year 2000:
       (A) New budget authority, $4,340,000,000.
       (B) Budget outlays, $4,328,000,000.
       Fiscal year 2001:
       (A) New budget authority, $4,557,000,000.
       (B) Budget outlays, $4,464,000,000.
       Fiscal year 2002:
       (A) New budget authority, $4,785,000,000.
       (B) Budget outlays, $4,655,000,000.
       (4) Natural Resources and Environment (300)--for 
     subfunction 304 for Regulatory, Enforcement, and Research 
     Programs and Hazardous Substance Superfund, and subfunction 
     306 Other Natural Resources:
       Fiscal year 1998:
       (A) New budget authority, $10,538,000,000.
       (B) Budget outlays, $9,527,000,000.
       Fiscal year 1999:
       (A) New budget authority, $10,742,000,000.
       (B) Budget outlays, $10,013,000,000.
       Fiscal year 2000:
       (A) New budget authority, $10,816,000,000.
       (B) Budget outlays, $10,533,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,859,000,000.
       (B) Budget outlays, $10,825,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,943,000,000.
       (B) Budget outlays, $10,889,000,000.
       (5) Agriculture (350)--for subfunction 352 for Research 
     Programs:
       Fiscal year 1998:
       (A) New budget authority, $1,339,000,000.
       (B) Outlays, $1,351,000,000.
       Fiscal year 1999:
       (A) New budget authority, $1,406,000,000.
       (B) Outlays, $1,449,000,000.
       Fiscal year 2000:
       (A) New budget authority, $1,476,000,000.
       (B) Outlays, $1,506,000,000.
       Fiscal year 2001:
       (A) New budget authority, $1,550,000,000.
       (B) Outlays, $1,556,000,000.
       Fiscal year 2002:
       (A) New budget authority, $1,627,000,000.
       (B) Outlays, $1,603,000,000.
       (6) Commerce and Housing Credit (370)--for subfunction 376 
     for Science and Technology:
       Fiscal year 1998:
       (A) New budget authority, $720,000,000.
       (B) Outlays, $680,000,000.
       Fiscal year 1999:
       (A) New budget authority, $762,000,000.
       (B) Outlays, $703,000,000.
       Fiscal year 2000:
       (A) New budget authority, $800,000,000.
       (B) Outlays, $752,000,000.
       Fiscal year 2001:
       (A) New budget authority, $851,000,000.
       (B) Outlays, $787,000,000.
       Fiscal year 2002:
       (A) New budget authority, $937,000,000.
       (B) Outlays, $818,000,000.
       (7) Transportation (400)--for subfunction 401 Ground 
     Transportation, subfunction 402 for Air Transportation, and 
     subfunction 403 for Water Transportation:
       Fiscal year 1998:
       (A) New budget authority, $44,491,000,000.
       (B) Outlays, $37,419,000,000.
       Fiscal year 1999:
       (A) New budget authority, $48,500,000,000.
       (B) Outlays, $40,641,000,000.
       Fiscal year 2000:
       (A) New budget authority, $48,900,000,000.
       (B) Outlays, $43,211,000,000.
       Fiscal year 2001:
       (A) New budget authority, $49,100,000,000.
       (B) Outlays, $44,283,000,000.
       Fiscal year 2002:
       (A) New budget authority, $49,300,000,000.
       (B) Outlays, $45,078,000,000.
       (8) Community and Regional Development (450)--for 
     subfunction 452 for Rural Development and Economic 
     Development Assistance:
       Fiscal year 1998:
       (A) New budget authority, $1,279,000,000.
       (B) Outlays, $1,259,000,000.
       Fiscal year 1999:
       (A) New budget authority, $1,276,000,000.
       (B) Outlays, $1,222,000,000.
       Fiscal year 2000:
       (A) New budget authority, $1,276,000,000.
       (B) Outlays, $1,205,000,000.
       Fiscal year 2001:
       (A) New budget authority, $1,276,000,000.
       (B) Outlays, $1,253,000,000.
       Fiscal year 2002:
       (A) New budget authority, $1,276,000,000.
       (B) Outlays, $1,258,000,000.
       (9) Education, Training, Employment, and Social Services 
     (500)--for subfunctions 501, 502, 503, 504, and 506 National 
     Service Initiative, Rehabilitation Services, and Children and 
     Families Services Program:
       Fiscal year 1998:
       (A) New budget authority, $44,059,000,000.
       (B) Outlays, $40,656,000,000.
       Fiscal year 1999:
       (A) New budget authority, $45,067,000,000.
       (B) Outlays, $44,314,000,000.
       Fiscal year 2000:
       (A) New budget authority, $46,112,000,000.
       (B) Outlays, $45,295,000,000.
       Fiscal year 2001:
       (A) New budget authority, $47,124,000,000.
       (B) Outlays, $46,206,000,000.
       Fiscal year 2002:
       (A) New budget authority, $48,007,000,000.
       (B) Outlays, $47,196,000,000.
       (10) Health (550)--for subfunction 552 for Health Research 
     and Training:
       Fiscal year 1998:
       (A) New budget authority, $13,500,000,000.
       (B) Outlays, $13,299,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,175,000,000.
       (B) Outlays, $13,771,000,000.
       Fiscal year 2000:
       (A) New budget authority, $14,884,000,000.
       (B) Outlays, $14,371,000,000.
       Fiscal year 2001:
       (A) New budget authority, $15,628,000,000.
       (B) Outlays, $15,043,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,409,000,000.
       (B) Outlays, $15,783,000,000.
       (11) Income Security (600)--for subfunction 605 for Food 
     and Nutrition Assistance:
       Fiscal year 1998:
       (A) New budget authority, $4,618,000,000.
       (B) Outlays, $4,506,000,000.
       Fiscal year 1999:
       (A) New budget authority, $4,636,000,000.
       (B) Outlays, $4,627,000,000.
       Fiscal year 2000:
       (A) New budget authority, $4,734,000,000.
       (B) Outlays, $4,727,000,000.
       Fiscal year 2001:
       (A) New budget authority, $4,834,000,000.
       (B) Outlays, $4,827,000,000.
       Fiscal year 2002:
       (A) New budget authority, $4,948,000,000.
       (B) Outlays, $4,940,000,000.

     SEC. 5. RECONCILIATION.

       (a) Submissions.--No later than June 30, 1997, the House 
     committees named in subsections (b) and (c) shall submit 
     their recommendations to the House Committee on the Budget. 
     After receiving those recommendations, the House Committee on 
     the Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (b) House Committees.--
       (1) Committee on commerce.--The House Committee on Commerce 
     shall report changes in laws within its jurisdiction that 
     provide direct spending sufficient to reduce outlays as 
     follows: $7,900,000,000 in outlays for fiscal year 1998, 
     $36,500,000,000 in outlays for fiscal year 2002, and 
     $115,700,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) 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 sufficient to 
     reduce outlays as follows:

[[Page H2895]]

     $7,900,000,000 in outlays for fiscal year 1998, 
     $36,500,000,000 in outlays for fiscal year 2002, and 
     $115,700,000,000 in outlays in fiscal years 1998 through 
     2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is increased by: 
     $10,419,000,000 in revenues for fiscal year 1998, 
     $18,133,000,000 in revenues for fiscal year 2002, and 
     $77,160,000,000 in revenues in fiscal years 1998 through 
     2002.
       (c) Investment Trust Fund.--The House Committee on Ways and 
     Means shall report changes in laws within its jurisdiction 
     that provide for the establishment of a separate account in 
     the Treasury known as the ``Investment Trust Fund'' into 
     which shall be transferred revenues realized by the acution 
     of spectrum allocations by the Federal Communications 
     Commission and, further, provide that amounts in that fund 
     shall be used exclusively for programs assumed under section 
     4.
       (d) 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. 6. COMMITTEE ALLOCATIONS.

       Upon the adoption of this resolution, the Committee on the 
     Budget of the House of Representatives and the Committee on 
     the Budget of the Senate shall each make separate allocations 
     to the appropriate committees of its House of Congress of 
     total new budget authority and total budget outlays for each 
     fiscal year covered by this resolution to carry out section 
     4. For all purposes of the Congressional Budget Act of 1974, 
     those allocations shall be deemed to be made pursuant to 
     section 302(a) and section 602(a) of that Act, as applicable.

     SEC. 7. SENSE OF CONGRESS REGARDING BUDGET TRENDS.

       It is the sense of Congress that the increasing portion of 
     the Federal budget absorbed by interest payments and 
     consumption programs, particularly health spending, has led 
     to a declining level of domestically financed investment and 
     may adversely impact the ability of the economy to grow at 
     the levels needed to provide for future generations.

     SEC. 8. SENSE OF CONGRESS REGARDING THE NEED TO MAINTAIN 
                   FEDERAL INVESTMENTS.

       It is the sense of Congress that a balanced program to 
     improve the economy should be based on the concurrent goals 
     of eliminating the deficit and maintaining Federal investment 
     in programs that enhance long-term productivity such as 
     research and development, education and training, and 
     physical infrastructure improvements.

     SEC. 9. SENSE OF CONGRESS REGARDING THE TREATMENT OF FEDERAL 
                   INVESTMENTS WITHIN THE BUDGET.

       It is the sense of Congress that the current budget 
     structure focuses primarily on short-term spending and does 
     not highlight for decision making purposes the differences 
     between Federal spending for long-term investment and that 
     for current consumption. In order to restructure Federal 
     budget to make such a distinction, it is necessary to 
     identify an investment component in the Federal budget and 
     establish specific budgetary targets for such investments.

                            H. Con. Res. 84,

                Offered By: Mr. Kennedy of Massachusetts

               (Amendment in the Nature of a Substitute)

       Amendment No. 4: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,206,379,000,000.
       Fiscal year 1999: $1,252,942,000,000.
       Fiscal year 2000: $1,307,528,000,000.
       Fiscal year 2001: $1,366,412,000,000.
       Fiscal year 2002: $1,427,435,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: $0.
       Fiscal year 1999: $0.
       Fiscal year 2000: $0.
       Fiscal year 2001: $0.
       Fiscal year 2002: $0.
       (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 1998: $1,399,365,000,000.
       Fiscal year 1999: $1,447,879,000,000.
       Fiscal year 2000: $1,495,779,000,000.
       Fiscal year 2001: $1,526,178,000,000.
       Fiscal year 2002: $1,552,378,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,383,432,000,000.
       Fiscal year 1999: $1,440,016,000,000.
       Fiscal year 2000: $1,489,140,000,000.
       Fiscal year 2001: $1,516,666,000,000.
       Fiscal year 2002: $1,535,000,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $177,053,000,000.
       Fiscal year 1999: $187,074,000,000.
       Fiscal year 2000: $181,612,000,000.
       Fiscal year 2001: $150,254,000,000.
       Fiscal year 2002: $107,565,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,596,684,000,000.
       Fiscal year 1999: $5,844,015,000,000.
       Fiscal year 2000: $6,088,538,000,000.
       Fiscal year 2001: $6,298,829,000,000.
       Fiscal year 2002: $6,474,034,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $266,000,000,000.
       (B) Outlays, $264,900,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $266,000,000,000.
       (B) Outlays, $264,700,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $267,000,000,000.
       (B) Outlays, $267,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $267,000,000,000.
       (B) Outlays, $261,500,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $267,000,000,000.
       (B) Outlays, $264,400,000,0000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $15,909,000,000.
       (B) Outlays, $14,558,000,000.
       (C) New direct loan obligations, $1,966,000,000.
       (D) New primary loan guarantee commitments $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,918,000,000.
       (B) Outlays, $14,569,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments, 
     $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,782,000,000.
       (B) Outlays, $14,981,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments, 
     $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,114,000,000.
       (B) Outlays, $14,751,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments, 
     $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,353,000,000.
       (B) Outlays, $14,812,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments, 
     $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,437,000,000.
       (B) Outlays, $17,082,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $16,403,000,000.
       (B) Outlays, $16,728,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $16,147,000,000.
       (B) Outlays, $16,213,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $16,000,000,000.
       (B) Outlays, $16,062,000,000.
       (C) New direct loan obligations, $0.

[[Page H2896]]

       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $15,804,000,000.
       (B) Outlays, $15,868,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,123,000,000.
       (B) Outlays, $2,247,000,000
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $3,469,000,000.
       (B) Outlays, $2,446,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $3,186,000,000.
       (B) Outlays, $2,293,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $2,939,000,000.
       (B) Outlays, $2,048,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $2,846,000,000.
       (B) Outlays, $1,867,000,000.
       (C) New direct loan obligations, $1,171,000,000.
       (D) New primary loan guarantee commitments, $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $23,877,000,000.
       (B) Outlays, $22,405,000,000.
       (C) New direct loan obligations, $3,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $23,227,000,000.
       (B) Outlays, $22,702,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $22,570,000,000.
       (B) Outlays, $22,963,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $22,151,000,000.
       (B) Outlays, $22,720,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $22,086,000,000.
       (B) Outlays, $22,313,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,133,000,000.
       (B) Outlays, $11,892,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,790,000,000.
       (B) Outlays, $11,294,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,215,000,000.
       (B) Outlays, $10,664,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,978,000,000.
       (B) Outlays, $9,494,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,670,000,000.
       (B) Outlays, $9,108,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,607,000,000.
       (B) Outlays, $-920,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments $245,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,082,000,000.
       (B) Outlays, $4,299,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,183,000,000.
       (B) Outlays, $9,821,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,078,000,000.
       (B) Outlays, $12,133,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,678,000,000.
       (B) Outlays, $12,541,000,000.
       (C) New direct loan obligations, $2,689,000,000.
       (D) New primary loan guarantee commitments 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $46,402,000,000.
       (B) Outlays, $43,933,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $* * * To Be Supplied.
       (B) Outlays, $* * * To Be Supplied.
       (C) New direct loan obligations, $* * * To Be Supplied.
       (D) New primary loan guarantee commitments $* * * To Be 
     Supplied.
       Fiscal year 2000:
       (A) New budget authority, $* * * To Be Supplied.
       (B) Outlays, $* * * To Be Supplied.
       (C) New direct loan obligations, $* * * To Be Supplied.
       (D) New primary loan guarantee commitments $* * * To Be 
     Supplied.
       Fiscal year 2001:
       (A) New budget authority, $* * * To Be Supplied.
       (B) Outlays, $* * * To Be Supplied.
       (C) New direct loan obligations, $* * * To Be Supplied.
       (D) New primary loan guarantee commitments $* * * To Be 
     Supplied.
       Fiscal year 2002:
       (A) New budget authority, $49,184,000,000.
       (B) Outlays, $44,247,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $9,068,000,000.
       (B) Outlays, $10,687,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,839,000,000.
       (B) Outlays, $11,252,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $8,210,000,000.
       (B) Outlays, $11,386,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $8,214,000,000.
       (B) Outlays, $11,800,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments $2,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $8,290,000,000.
       (B) Outlays, $8,929,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments $2,475,000,000.
       (A) New budget authority, $46,556,000,000.
       (B) Outlays, $44,256,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $47,114,000,000.
       (B) Outlays, $44,357,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $48,135,000,000.
       (B) Outlays, $44,303,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $67,320,000,000.
       (B) Outlays, $58,362,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $63,750,000,000.
       (B) Outlays, $63,885,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments $21,899,000,000.
       Fiscal year 2000:
       (A) New budget authority, $65,903,000,000.
       (B) Outlays, $66,178,000,000.

[[Page H2897]]

       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $67,759,000,000.
       (B) Outlays, $67,981,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $68,739,000,000.
       (B) Outlays, $68,966,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $140,599,000,000.
       (B) Outlays, $140,567,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $149,418,000,000.
       (B) Outlays, $149,394,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $159,868,000,000.
       (B) Outlays, $159,747,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $170,662,000,000.
       (B) Outlays, $170,385,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $181,571,000,000.
       (B) Outlays, $181,127,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $203,820,000,000.
       (B) Outlays, $203,964,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $214,673,000,000.
       (B) Outlays, $214,148,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $229,340,000,000.
       (B) Outlays, $229,337,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $244,036,000,000.
       (B) Outlays, $243,181,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $256,548,000,000.
       (B) Outlays, $255,769,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $240,160,000,000.
       (B) Outlays, $248,861,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $255,375,000,000.
       (B) Outlays, $259,346,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $271,084,000,000.
       (B) Outlays, $269,669,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $276,898,000,000.
       (B) Outlays, $279,007,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $288,937,000,000.
       (B) Outlays, $287,221,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,424,000,000.
       (B) Outlays, $11,524,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $12,060,000,000.
       (B) Outlays, $12,196,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $12,792,000,000.
       (B) Outlays, $12,866,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $13,022,000,000.
       (B) Outlays, $13,043,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $14,383,000,000.
       (B) Outlays, $14,398,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $40,579,000,000.
       (B) Outlays, $41,371,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments, 
     $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $41,745,000,000.
       (B) Outlays, $41,979,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments, 
     $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $42,015,000,000.
       (B) Outlays, $42,223,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments, 
     $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,418,000,000.
       (B) Outlays, $42,540,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments, 
     $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $42,629,000,000.
       (B) Outlays, $42,783,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments, 
     $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $25,165,000,000.
       (B) Outlays, $23,209,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $25,320,000,000.
       (B) Outlays, $24,476,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $25,578,000,000.
       (B) Outlays, $25,840,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $25,054,000,000.
       (B) Outlays, $26,701,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $25,183,000,000.
       (B) Outlays, $24,879,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,711,000,000.
       (B) Outlays, $13,959,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $14,444,000,000.
       (B) Outlays, $14,363,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $13,977,000,000.
       (B) Outlays, $14,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,675,000,000.
       (B) Outlays, $14,131,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $13,105,000,000.
       (B) Outlays, $13,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $296,672,000,000.
       (B) Outlays, $296,672,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $304,932,000,000.
       (B) Outlays, $304,932,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $305,512,000,000.
       (B) Outlays, $305,512,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $304,037,000,000.

[[Page H2898]]

       (B) Outlays, $304,037,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $303,796,000,000.
       (B) Outlays, $303,796,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, $41,841,000,000.
       (B) Outlays, $41,841,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$36,949,000,000.
       (B) Outlays, -$36,949,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,937,000,000.
       (B) Outlays, -$36,937,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$39,151,000,000.
       (B) Outlays, -$39,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$51,124,000,000.
       (B) Outlays, -$51,124,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Submissions.--Not later than August 1, 1997, the House 
     committees named in subsection (b) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (b) Instructions.--
       (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: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: $8,435,000,000 in outlays for 
     fiscal year 1998, $5,091,000,000 in outlays for fiscal year 
     2002, and $50,306,000,000 in outlays in fiscal years 1998 
     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: $395,150,000,000 
     in outlays for fiscal year 1998, $513,615,000 in outlays for 
     fiscal year 2002, and $2,638,120,000 in outlays in fiscal 
     years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $0 in fiscal year 1998, 
     $621,000,000 in fiscal year 2002, and $1,829,000,000 in 
     fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,483,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,478,000,000 in outlays for fiscal year 1998, 
     $25,192,000,000 in outlays for fiscal year 2002, and 
     $141,497,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $399,663,000,000 in outlays 
     for fiscal year 1998, $511,377,000,000 in outlays for 
     fiscal year 2002, and $2,639,195,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction sufficient to 
     decrease revenues as follows: by $8,000,000,000 in revenues 
     for fiscal year 1998, by $16,000,000,000 in revenues for 
     fiscal year 2002, and by $60,000,000,000 in revenues in 
     fiscal years 1998 through 2002.
       (C) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction sufficient to 
     increase revenues as follows: by $8,000,000,000 in revenues 
     for fiscal year 1998, by $16,000,000,000 in revenues for 
     fiscal year 2002, and by $60,000,000,000 in revenues in 
     fiscal years 1998 through 2002.
       (c) 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.
       (d) Children's Health Initiative.--If the Committees on 
     Commerce and Ways and Means report recommendations pursuant 
     to their reconciliation instructions that, combined, provide 
     an initiative for children's health that would increase the 
     deficit by more than $4.6 billion for fiscal year 1998, by 
     more than $8.0 billion for fiscal year 2002, and by more than 
     $32 billion for the period of fiscal years 1998 through 2002, 
     the committees shall be deemed to not have complied with 
     their reconciliation instructions pursuant to section 310(d) 
     of the Congressional Budget Act of 1974.
                TITLE III--SENSE OF CONGRESS PROVISIONS

     SEC. 301. SENSE OF CONGRESS ON MIDDLE INCOME TAX RELIEF.

       (a) Findings.--The Congress finds the following:
       (1) Tax reductions in tax bills enacted in the 1980's 
     predominately benefited Americans with higher incomes.
       (2) Increases in the social security payroll tax over this 
     period has resulted in a net increase in the tax burden on 
     middle income Americans.
       (b) Sense of Congress.--It is the sense of Congress that 
     Congress should enact legislation providing targeted tax 
     relief, with an emphasis on alleviating the tax burden on 
     middle income Americans, by enacting the following 
     provisions:
       (1) Higher education initiatives, including the President's 
     $1,500 HOPE scholarship tax credit and deductibility of up to 
     $10,000 for higher education tuition and fees.
       (2) Expansion of the child care tax credit, with increases 
     in the amount of allowable expenses, the percentage of 
     allowable expenses, and the income phase-down levels.
       (3) Homeownership provisions, including up to a $500,000 
     capital gains exclusion for home sales, and permitting tax 
     and penalty-free borrowing from an IRA account or a parent's 
     IRA account for a down payment on a first-time home purchase.
       (4) Savings provisions, including an increase in the annual 
     limit for deductible IRA contributions from $2,000 to $2,500 
     per year.

     SEC. 302. SENSE OF THE CONGRESS ON SMALL BUSINESS TAX RELIEF.

       (a) Findings.--Congress finds the following:
       (1) Small businesses are the source of most new jobs 
     created in this country.
       (2) Small businesses have a more difficult time than large 
     corporations in raising capital covering health care costs 
     for employees, and coping with estate taxes.
       (b) Sense of Congress.--It is the sense of Congress that 
     Congress should enact legislation providing tax incentives 
     and tax relief for small businesses, including:
       (1) Incentives for long-term investments in small 
     businesses, including capital gains relief, deferral of gains 
     on any small business investments rolled over into another 
     small business investment, and a tripling of the amount of 
     declarable losses on investments in small businesses.
       (2) Estate tax relief for family-owned small businesses and 
     farms, and an increase in small businesses eligibility for 
     10-year installment payments of estate taxes.

[[Page H2899]]

       (3) 100 percent deductibility of health care costs for the 
     self-employed.
       (4) Extension of the 5 percent Foreign Sales Credit (FSC) 
     to software exporters.

     SEC. 303. SENSE OF THE CONGRESS ON REVENUE NEUTRALITY.

       (a) Findings.--Congress finds the following:
       (1) Large tax cuts in the 1980's led to an unprecedented 
     explosion in the level of debt owed by American taxpayers.
       (2) Tax cuts without revenue offsets increase the level of 
     spending cuts required to balance the budget, in vital areas 
     like education, health care, transportation, and research and 
     development.
       (3) It is a priority to balance the budget first, and to 
     defer tax cuts which reduce revenues until the budget is 
     actually in balance.
       (4) Targeted tax cuts for higher education, child care, 
     homeownership, increased savings, and small businesses can be 
     enacted without reducing the net level of revenues.
       (b) Sense of Congress.--It is the sense of Congress that 
     all tax cuts should be fully offset by revenue increases, 
     through reinstatement of expiring excise taxes and the 
     closing of corporate tax loopholes.

     SEC. 304. SENSE OF CONGRESS ON CHILDREN'S HEALTH.

       It is the sense of Congress that sufficient funding be 
     provided to insure all currently uninsured children in 
     America, through health care grants to the States and an 
     expansion of medicaid in a total amount of at least 
     $32,000,000,000 over the next 5 years.

     SEC. 305. SENSE OF THE CONGRESS ON MEDICARE.

       (a) Findings.--Congress finds the following:
       (1) The Medicare Part A Trust Fund will go bankrupt by the 
     year 2000 without congressional action.
       (2) Some 40,000,000 senior citizens rely on medicare for 
     affordable, quality health care.
       (3) Many low-income senior citizens are unable to afford 
     projected increases in medicare premiums.
       (b) Sense of Congress.--It is the sense of Congress that 
     Congress should enact legislation to extend the solvency of 
     the Medicare Trust Fund for the next 10 years, using policies 
     which:
       (1) Maintain part B premiums at 25 percent, with a phase-in 
     of home health care changes.
       (2) Provide new preventive and other health care benefits, 
     including expanded mammography coverage, coverage for 
     colorectal screenings, coverage for diabetes screening, 72 
     hours of respite care of Alzheimers patients, bone mass 
     measurements for osteoporosis care, prostate cancer 
     screening, cancer clinic benefits, and immunosuppressant 
     drugs.
       (3) Include sustainable reductions in reimbursements for 
     hospitals, skilled nursing facilities, and other health care 
     providers.
       (4) Provide full funding for teaching hospitals through the 
     Graduate Medical Education program.
       (5) Increase health care choices among seniors, without 
     restricting access to fee-for-service health care.

     SEC. 306. SENSE OF CONGRESS ON MEDICAID.

       (a) Findings.--Congress finds the following:
       (1) Hospitals and other health care providers are already 
     seriously underreimbursed for the actual cost of providing 
     medicaid services.
       (2) Medicaid is the primary source of health care coverage 
     for the uninsured, including poor children, indigent mothers, 
     and low-income senior citizens in nursing homes.
       (3) Medicaid provides critical funding for medicare 
     premiums for low-income seniors.
       (b) Sense of Congress.--It is the sense of Congress that 
     medicaid legislation should increase coverage for low-income 
     adults and seniors, and uninsured children, by providing 
     that:
       (1) Any reductions in medicaid reimbursements to health 
     care providers should be used to expand coverage for 
     children's health care, legal immigrants, and low-income 
     Americans.
       (2) Spending reductions should not include either a block 
     grant or a per capita cap.
       (3) Medicaid should extend its program to pay medicare 
     premiums for low-income senior citizens, protecting them from 
     increases caused by home health care shifts.
       (4) States should be given more flexibility in managing the 
     medicaid program, through managed care options, and 
     elimination of unnecessary regulations, while fully 
     protecting the quality and availability of health care for 
     medicaid recipients.

     SEC. 307. SENSE OF CONGRESS ON DOMESTIC DISCRETIONARY 
                   SPENDING.

       It is the sense of Congress that sufficient funding be 
     provided for domestic discretionary spending to allow for 
     full inflationary increases over the period from 1998 through 
     2002, to fully fund priority areas like education, health 
     care, transportation, research and development, community 
     development, crime, and housing.

     SEC. 308. SENSE OF CONGRESS ON PELL GRANT LIMITS.

       (a) Findings.--Congress finds the following:
       (1) The spiraling cost of higher education tuition and fees 
     threatens to put the cost of college out of reach for 
     millions of Americans.
       (2) Pell Grants are an effective way to make college 
     affordable for low-income students.
       (b) Sense of Congress.--It is the sense of Congress that 
     Congress should increase the annual limit on Pell Grants from 
     $2,700 to $3,700.

     SEC. 309. SENSE OF CONGRESS IN SCHOOL CONSTRUCTION.

       (a) Findings.--Congress finds the following:
       (1) Children cannot achieve their full educational 
     potential, if the school buildings they are educated in are 
     falling apart.
       (2) The General Accounting Office (GAO) has determined that 
     it will require $112,000,000,000 to repair and improve our 
     Nation's schools.
       (3) Many communities are unable to afford the full cost of 
     making such needed repairs.
       (b) Sense of Congress.--It is the sense of Congress that 
     Congress should enact the President's school construction 
     initiative, to provide $5,000,000,000 to leverage the repair 
     and construction of elementary and secondary schools.

     SEC. 310. SENSE OF CONGRESS REGARDING EDUCATION.

       It is the sense of Congress that funding should be 
     substantially increased in a number of programs which 
     increase educational opportunities, including:
       (1) Title I grants, to help the disadvantaged develop basic 
     educational skills.
       (2) The Technology Literacy Challenge Fund, to provide 
     computers, software, and technology training to elementary 
     and secondary schools.
       (3) Special education IDEA grants, to provide services to 
     children with disabilities.
       (4) Adult education grants, to provide adult literacy and 
     other educational programs.
       (5) The Federal work study program, to provide needy 
     students with part-time work.

     SEC. 311. SENSE OF CONGRESS ON TRANSPORTATION.

       (a) Findings.--Congress finds the following:
       (1) Our continued economic growth is dependent on 
     maintaining and expanding our basic infrastructure, 
     especially with respect to roads and bridges.
       (2) In many sections of our country, our transportation 
     infrastructure suffers from a lack of adequate funding and 
     neglect of maintenance.
       (3) For many years, Congress has failed to use funds 
     collected under the Federal gas tax to pay for essential road 
     and related transportation needs.
       (b) Sense of Congress.--It is the sense of Congress that 
     all new funds collected in the transportation trust fund 
     should be fully spent on transportation improvements.

     SEC. 312. SENSE OF CONGRESS ON EARLY CHILDHOOD DEVELOPMENT.

       (a) Findings.--Congress finds the following:
       (1) Adequate nutrition, quality health care, educational 
     opportunities, and high quality child care for children 
     between birth and the age of 3 are scientifically shown to 
     play a critical role in later childhood and adult 
     development.
       (2) Public spending on health, nutrition, education, and 
     child care at the stage of early childhood development has 
     proven to be a sound long-term investment in human resources.
       (b) Sense of Congress.--It is the sense of Congress that 
     sufficient funding should be provided in the following 
     programs to meet the needs of infants and toddlers:
       (1) WIC (the supplemental nutrition program for women, 
     infants, and children).
       (2) Head Start.
       (3) Healthy Start.
       (4) Programs for infants and toddlers with disabilities 
     under part H of the Individuals with Disabilities Education 
     Act (IDEA).
       (5) Programs under the Child Care and Development Block 
     Grant Act.

     SEC. 313. SENSE OF CONGRESS ON HEALTH RESEARCH.

       (a) Findings.--Congress finds the following:
       (1) The National Institutes of Health (NIH) is the world's 
     leading biomedical research institution.
       (2) The National Institutes of Health accomplishes its 
     mission of discovering new medical knowledge that will lead 
     to better health for everyone through supervising, funding, 
     and conducting biomedical and behavioral research to help 
     prevent, detect, diagnose, and treat disease and disability 
     in humans.
       (3) The Federal investment in the National Institutes of 
     Health should be sufficient to keep up with the pace of 
     biomedical inflation and public health needs.
       (b) Sense of Congress.--It is the sense of Congress that 
     funding for the National Institutes of Health should be at 
     least equal to the Institute's annual professional judgment, 
     which is the best and most reliable estimate of the minimum 
     level of funding needed to sustain the high standard of 
     scientific achievement attained by the National Institutes of 
     Health.

     SEC. 314. SENSE OF CONGRESS ON RESEARCH AND DEVELOPMENT.

       (a) Findings.--Congress finds the following:
       (1) Federal support of research and development has led to 
     numerous advances in science and technology that have greatly 
     enhanced the lives of all Americans.
       (2) Technological innovation has spurred almost half of the 
     economic development of the past century.
       (b) Sense of Congress.--It is the sense of Congress that 
     full funding should be provided

[[Page H2900]]

     for Federal research and development programs, including the 
     National Science Foundation (NSF) and the solar and renewable 
     energies programs of the Department of Energy.

     SEC. 315. SENSE OF CONGRESS ON CRIME.

       (a) Finding.--Congress finds the following:
       (1) Crime continues to threaten residential and commercial 
     neighborhoods through the Nation.
       (2) Juvenile crime continues to grow at a faster rate than 
     other categories of crime in this Nation.
       (3) Intervention and prevention programs have been shown to 
     successfully turn the tide of violent crime.
       (b) Sense of Congress.--It is the sense of Congress that 
     funding for crime intervention, prevention, and domestic 
     violence programs should be increased over current levels.

     SEC. 316. SENSE OF CONGRESS ON VETERANS.

       It is the sense of Congress that funding should not be cut 
     for veterans' COLA or for housing benefits.

     SEC. 317. SENSE OF CONGRESS ON HOUSING.

       (a) Findings.--Congress finds the following:
       (1) According to the Department of Housing and Urban 
     Development, 13,000,000 Americans have ``acute housing 
     needs''.
       (2) Current funding for rental housing assistance for the 
     elderly, disabled, working poor, and mothers making the 
     transition from welfare to work is inadequate.
       (b) Sense of Congress.--It is the sense of Congress that 
     funding for housing assistance should be increased by 
     providing--
       (1) full funding for operating subsidies for public housing 
     authorities, as determined by the Performance Funding System;
       (2) additional funding for capital grants for public 
     housing authorities, to repair and maintain existing public 
     housing units; and
       (3) sufficient funding to create 50,000 new section 8 
     vouchers each year for the next 5 years.

     SEC. 318. SENSE OF CONGRESS ON DEFENSE.

       It is the sense of Congress that defense spending should be 
     maintained at current levels, and that priority should be 
     given to defense readiness and full funding for personnel 
     salaries and supplies, as opposed to continued expansions of 
     large weapons systems.

                            H. Con. Res. 84

                        Offered By: Mr. Shuster

               (Amendment in the Nature of a Substitute)

       Amendment No. 5: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,198,979,000,000.
       Fiscal year 1999: $1,241,859,000,000.
       Fiscal year 2000: $1,285,559,000,000.
       Fiscal year 2001: $1,343,591,000,000.
       Fiscal year 2002: $1,407,564,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: -$7,400,000,000.
       Fiscal year 1999: -$11,083,000,000.
       Fiscal year 2000: -$21,969,000,000.
       Fiscal year 2001: -$22,821,000,000.
       Fiscal year 2002: -$19,871,000,000.
       (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 1998: $1,386,875,000,000.
       Fiscal year 1999: $1,439,798,000,000.
       Fiscal year 2000: $1,486,311,000,000.
       Fiscal year 2001: $1,520,242,000,000.
       Fiscal year 2002: $1,551,563,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,371,848,000,000.
       Fiscal year 1999: $1,424,002,000,000.
       Fiscal year 2000: $1,468,748,000,000.
       Fiscal year 2001: $1,500,854,000,000.
       Fiscal year 2002: $1,516,024,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $172,869,000,000.
       Fiscal year 1999: $182,143,000,000.
       Fiscal year 2000: $183,189,000,000.
       Fiscal year 2001: $157,263,000,000.
       Fiscal year 2002: $108,460,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,593,500,000,000.
       Fiscal year 1999: $5,836,000,000,000.
       Fiscal year 2000: $6,082,400,000,000.
       Fiscal year 2001: $6,301,100,000,000.
       Fiscal year 2002: $6,473,200,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $268,197,000,000.
       (B) Outlays, $265,978,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $270,784,000,000.
       (B) Outlays, $265,771,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $274,802,000,000.
       (B) Outlays, $268,418,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $281,305,000,000.
       (B) Outlays, $270,110,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $289,092,000,000.
       (B) Outlays, $272,571,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $15,909,000,000.
       (B) Outlays, $14,558,000,000.
       (C) New direct loan obligations, $1,966,000.
       (D) New primary loan guarantee commitments $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,918,000,000.
       (B) Outlays, $14,569,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,782,000,000.
       (B) Outlays, $14,981,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,114,000,000.
       (B) Outlays, $14,751,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,353,000,000.
       (B) Outlays, $14,812,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,237,000,000.
       (B) Outlays, $16,882,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $16,203,000,000.
       (B) Outlays, $16,528,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $15,947,000,000.
       (B) Outlays, $16,013,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $15,800,000,000.
       (B) Outlays, $15,862,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $15,604,000,000.
       (B) Outlays, $15,668,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,123,000,000.
       (B) Outlays, $2,247,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $3,469,000,000.
       (B) Outlays, $2,446,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:

[[Page H2901]]

       (A) New budget authority, $3,186,000,000.
       (B) Outlays, $2,293,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $2,939,000,000.
       (B) Outlays, $2,048,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $2,846,000,000.
       (B) Outlays, $1,867,000,000.
       (C) New direct loan obligations, $1,174,000,000.
       (D) New primary loan guarantee commitments, $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $23,877,000,000.
       (B) Outlays, $22,405,000,000.
       (C) New direct loan obligations, $30,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $23,227,000,000.
       (B) Outlays, $22,702,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $22,570,000,000.
       (B) Outlays, $22,963,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $22,151,000,000.
       (B) Outlays, $22,720,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $22,086,000,000.
       (B) Outlays, $22,313,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments, $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,133,000,000.
       (B) Outlays, $11,892,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments, $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,790,000,000.
       (B) Outlays, $11,294,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments, $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,215,000,000.
       (B) Outlays, $10,664,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments, $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,978,000,000.
       (B) Outlays, $9,494,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments, $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,670,000,000.
       (B) Outlays, $9,108,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments, $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,607,000,000.
       (B) Outlays, -$920,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments, 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,082,000,000.
       (B) Outlays, $4,299,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments, 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,183,000,000.
       (B) Outlays, $9,821,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments, 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,078,000,000.
       (B) Outlays, $12,133,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments, 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,678,000,000.
       (B) Outlays, $12,541,000,000.
       (C) New direct loan obligations, $2,680,000,000.
       (D) New primary loan guarantee commitments, 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $46,402,000,000.
       (B) Outlays, $40,933,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $46,556,000,000.
       (B) Outlays, $41,256,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $47,114,000,000.
       (B) Outlays, $41,357,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $48,135,000,000.
       (B) Outlays, $41,303,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $49,184,000,000.
       (B) Outlays, $41,247,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $8,768,000,000.
       (B) Outlays, $10,387,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,489,000,000.
       (B) Outlays, $10,902,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $7,810,000,000.
       (B) Outlays, $10,986,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $7,764,000,000.
       (B) Outlays, $11,350,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments $2,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $7,790,000,000.
       (B) Outlays, $8,429,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments $2,475,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $60,020,000,000.
       (B) Outlays, $56,062,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $60,450,000,000.
       (B) Outlays, $59,335,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments $21,899,000,000.
       Fiscal year 2000:
       (A) New budget authority, $61,703,000,000.
       (B) Outlays, $60,728,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $62,959,000,000.
       (B) Outlays, $61,931,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $63,339,000,000.
       (B) Outlays, $62,316,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments, 
     $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $137,799,000,000.
       (B) Outlays, $137,767,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $144,968,000,000.
       (B) Outlays, $144,944,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $154,068,000,000.
       (B) Outlays, $153,947,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $163,412,000,000.
       (B) Outlays, $163,135,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $172,171,000,000.
       (B) Outlays, $171,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (12) Medicare (570):
       Fiscal year 1998:

[[Page H2902]]

       (A) New budget authority, $201,620,000,000.
       (B) Outlays, $201,764,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $212,073,000,000.
       (B) Outlays, $211,548,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $225,540,000,000.
       (B) Outlays, $225,537,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $239,636,000,000.
       (B) Outlays, $238,781,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $251,548,000,000.
       (B) Outlays, $250,769,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $239,032,000,000.
       (B) Outlays, $247,758,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $254,090,000,000.
       (B) Outlays, $258,064,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $269,566,000,000.
       (B) Outlays, $268,161,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $275,145,000,000.
       (B) Outlays, $277,264,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $286,945,000,000.
       (B) Outlays, $285,239,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments, $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,424,000,000.
       (B) Outlays, $11,524,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $12,060,000,000.
       (B) Outlays, $12,196,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $12,792,000,000.
       (B) Outlays, $12,866,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,022,000,000.
       (B) Outlays, $13,043,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,383,000,000.
       (B) Outlays, $14,398,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $40,545,000,000.
       (B) Outlays, $41,337,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $41,466,000,000.
       (B) Outlays, $41,700,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $41,740,000,000.
       (B) Outlays, $41,908,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,093,000,000.
       (B) Outlays, $42,215,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $42,282,000,000.
       (B) Outlays, $42,436,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $24,765,000,000.
       (B) Outlays, $22,609,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $25,120,000,000.
       (B) Outlays, $24,476,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $24,178,000,000.
       (B) Outlays, $25,240,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $24,354,000,000.
       (B) Outlays, $25,901,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $24,883,000,000.
       (B) Outlays, $24,879,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,711,000,000.
       (B) Outlays, $13,959,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $14,444,000,000.
       (B) Outlays, $14,363,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $13,977,000,000.
       (B) Outlays, $14,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,675,000,000.
       (B) Outlays, $14,131,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $13,105,000,000.
       (B) Outlays, $13,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $296,547,000,000.
       (B) Outlays, $296,547,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $304,558,000,000.
       (B) Outlays, $304,558,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $305,075,000,000.
       (B) Outlays, $305,075,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $303,833,000,000.
       (B) Outlays, $303,833,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $303,728,000,000.
       (B) Outlays, $303,728,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$41,841,000,000.
       (B) Outlays, -$41,841,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, -$36,949,000,000.
       (B) Outlays, -$36,949,000,000.

[[Page H2903]]

       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,937,000,000.
       (B) Outlays, -$36,937,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$39,151,000,000.
       (B) Outlays, -$39,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$51,124,000,000.
       (B) Outlays, -$51,124,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Purpose.--The purpose of this section is to provide for 
     two separate reconciliation bills: the first for entitlement 
     reforms and the second for tax relief. In the event Senate 
     procedures preclude the consideration of two separate bills, 
     this section would permit the consideration of one omnibus 
     reconciliation bill.
       (b) Submissions.--
       (1) Entitlement reforms.--Not later than June 12, 1997, the 
     House committees named in subsection (c) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (2) Tax relief and miscellaneous reforms.--Not later than 
     June 13, 1997, the House committees named in subsection (d) 
     shall submit their recommendations to the House Committee on 
     the Budget. After receiving those recommendations, the House 
     Committee on the Budget shall report to the House a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.
       (c) Instructions Relating to Entitlement 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: $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: -$8,435,000,000 in outlays 
     for fiscal year 1998, -$5,091,000,000 in outlays for fiscal 
     year 2002, and -$50,306,000,000 in outlays in fiscal years 
     1998 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: $393,533,000,000 
     in outlays for fiscal year 1998, $506,791,000,000 in outlays 
     for fiscal year 2002, and $2,617,528,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,222,000,000 in outlays for 
     fiscal year 1998, $17,673,000,000 in outlays for fiscal year 
     2002, and $103,109,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $0 in fiscal year 1998, 
     $621,000,000 in fiscal year 2002, and $1,829,000,000 in 
     fiscal years 1998 through 2002.
       (6) 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: $18,087,000,000 in 
     outlays for fiscal year 1998, $17,283,000,000 in outlays for 
     fiscal year 2002, and $106,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,563,000,000 in outlays for fiscal year 2002, and 
     $139,134,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,546,000,000 in outlays 
     for fiscal year 1998, $506,442,000,000 in outlays for fiscal 
     year 2002, and $2,621,578,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,176,253,000,000 in revenues for fiscal year 1998, 
     $1,386,546,000,000 in revenues for fiscal year 2002, and 
     $7,517,939,000,000 in revenues in fiscal years 1998 through 
     2002.
       (d) Instructions Relating to Tax Relief and Miscellaneous 
     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: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: -$8,435,000,000 in outlays 
     for fiscal year 1998, -$5,091,000,000 in outlays for fiscal 
     year 2002, and -$50,306,000,000 in outlays in fiscal years 
     1998 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: $393,533,000,000 
     in outlays for fiscal year 1998, $506,791,000,000 in outlays 
     for fiscal year 2002, and $2,617,528,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,222,000,000 in outlays for 
     fiscal year 1998, $17,673,000,000 in outlays for fiscal year 
     2002, and $103,109,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $0 in fiscal year 1998 
     $621,000,000 in outlays for fiscal year 2002, and 
     $1,829,000,000 in fiscal years 1998 through 2002.
       (6) 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: $18,087,000,000 in 
     outlays for fiscal year 1998, $17,283,000,000 in outlays for 
     fiscal year 2002, and $106,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,563,000,000 in outlays for fiscal year 2002, and 
     $139,134,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,546,000,000 in outlays 
     for fiscal year 1998, $506,442,000,000 in outlays for fiscal 
     year 2002, and $2,621,578,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,168,853,000,000 in revenues for fiscal year 1998, 
     $1,366,046,000,000 in revenues for fiscal year 2002, and 
     $7,432,939,000,000 in revenues in fiscal years 1998 through 
     2002.
       (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.
       (f) Children's Health Initiative.--If the Committees on 
     Commerce and Ways and Means report recommendations pursuant 
     to their reconciliation instructions that, combined, provide 
     an initiative for children's health that would increase the 
     deficit by more than $2.3 billion for fiscal year 1998, by 
     more than $3.9 billion for fiscal year 2002, and by more than 
     $16 billion for the period of fiscal years 1998 through 2002, 
     the committees shall be deemed to not have complied with 
     their reconciliation instructions pursuant to section 310(d) 
     of the Congressional Budget Act of 1974.
                     TITLE III--BUDGET ENFORCEMENT

     SEC. 301. DEFICIT-NEUTRAL RESERVE FUND FOR SURFACE 
                   TRANSPORTATION.

       (a) Purpose.--The purpose of this section is to adjust the 
     appropriate budgetary levels to accommodate legislation 
     increasing

[[Page H2904]]

     spending from the highway trust fund on surface 
     transportation and highway safety above the levels assumed in 
     this resolution if such legislation is deficit neutral.
       (b) Deficit Neutrality Requirement.--(1) In order to 
     receive the adjustments specified in subsection (c), a bill 
     reported by the Committee on Transportation and 
     Infrastructure that provides new budget authority above the 
     levels assumed in this resolution for programs authorized out 
     of the highway trust fund must be deficit neutral.
       (2) A deficit-neutral bill must meet the following 
     conditions:
       (A) The amount of new budget authority provided for 
     programs authorized out of the highway trust fund must be in 
     excess of $25.949 billion in new budget authority for fiscal 
     year 1998, $25.464 billion in new budget authority for fiscal 
     year 2002, and $127.973 billion in new budget authority for 
     the period of fiscal years 1998 through 2002.
       (B) The outlays estimated to flow from the excess new 
     budget authority set forth in subparagraph (A) must be offset 
     for fiscal year 1998, fiscal year 2002, and for the period of 
     fiscal years 1998 through 2002. For the sole purpose of 
     estimating the amount of outlays flowing from excess new 
     budget authority under this section, it shall be assumed that 
     such excess new budget authority would have an obligation 
     limitation sufficient to accommodate that new budget 
     authority.
       (C) The outlays estimated to flow from the excess new 
     budget authority must be offset by (i) other direct spending 
     or revenue provisions within that transportation bill, (ii) 
     the net reduction in other direct spending and revenue 
     legislation that is enacted during this Congress after the 
     date of adoption of this resolution and before such 
     transportation bill is reported (in excess of the levels 
     assumed in this resolution), or (iii) a combination of the 
     offsets specified in clauses (i) and (ii).
       (D) As used in 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.
       (c) Revised Levels.--(1) When the Committee on 
     Transportation and Infrastructure reports a bill (or when a 
     conference report thereon is filed) meeting the conditions 
     set forth in subsection (b)(2), the chairman of the Committee 
     on the Budget shall increase the allocation of new budget 
     authority to that committee by the amount of new budget 
     authority provided in that bill (and that is above the levels 
     set forth in subsection (b)(2)(A)) for programs authorized 
     out of the highway trust fund.
       (2) After the enactment of the transportation bill 
     described in paragraph (1) and upon the reporting of a 
     general, supplemental or continuing resolution making 
     appropriations by the Committee on Appropriations (or upon 
     the filing of a conference report thereon) establishing an 
     obligation limitation above the levels specified in 
     subsection (b)(2)(A) (at a level sufficient to obligate some 
     or all of the budget authority specified in paragraph (1)), 
     the chairman of the Committee on the Budget shall increase 
     the allocation and aggregate levels of outlays to that 
     committee for fiscal years 1998 and 1999 by the appropriate 
     amount.
       (d) Revisions.--Allocations and aggregates revised pursuant 
     to this section shall be considered for purposes of the 
     Congressional Budget Act of 1974 as allocations and 
     aggregates contained in this resolution.
       (e) Reversals.--If any legislation referred to in this 
     section is not enacted into law, then the chairman of the 
     House Committee on the Budget shall, as soon as practicable, 
     reverse adjustments made under this section for such 
     legislation and have such adjustments published in the 
     Congressional Record.
       (f) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.
       (g) Definition.--As used in this section, the term 
     ``highway trust fund'' refers to the following budget 
     accounts (or any successor accounts):
       (1) 69-8083-0-7-401 (Federal-Aid Highways).
       (2) 69-8191-0-7-401 (Mass Transit Capital Fund).
       (3) 69-8350-0-7-401 (Mass Transit Formula Grants).
       (4) 69-8016-0-7-401 (National Highway Traffic Safety 
     Administration-Operations and Research).
       (5) 69-8020-0-7-401 (Highway Traffic Safety Grants).
       (6) 69-8048-0-7-401 (National Motor Carrier Safety 
     Program).

     SEC. 302. SALE OF GOVERNMENT ASSETS.

       (a) Budgetary treatment.--
       (1) In general.--For the purpose of any concurrent 
     resolution on the budget and the Congressional Budget Act of 
     1974, no amounts realized from the sale of an asset shall be 
     scored with respect to the level of budget authority, 
     outlays, or revenues if such sale would cause an increase in 
     the deficit as calculated pursuant to paragraph (2).
       (2) Calculation of net present value.--The deficit estimate 
     of an asset sale shall be the net present value of the cash 
     flow from--
       (A) proceeds from the asset sale;
       (B) future receipts that would be expected from continued 
     ownership of the asset by the Government; and
       (C) expected future spending by the Government at a level 
     necessary to continue to operate and maintain the asset to 
     generate the receipts estimated pursuant to subparagraph (B).
       (b) Definition.--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.
       (c) Treatment of Loan Assets.--For the 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.
       (d) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.

     SEC. 303. ENVIRONMENTAL RESERVE FUND.

       (a) Committee Allocations.--In the House, after the 
     Committee on Commerce and the Committee on Transportation and 
     Infrastructure report a bill (or a conference report thereon 
     is filed) to reform the Superfund program to facilitate the 
     cleanup of hazardous waste sites, the chairman of the 
     Committee on the Budget shall submit revised allocations and 
     budget aggregates to carry out this section by an amount not 
     to exceed the excess subject to the limitation. These 
     revisions shall be considered for purposes of the 
     Congressional Budget Act of 1974 as the allocations and 
     aggregates contained in this resolution.
       (b) Limitations.--The adjustments made under this section 
     shall not exceed--
       (1) $200 million in budget authority for fiscal year 1998 
     and the estimated outlays flowing therefrom.
       (2) $200 million in budget authority for fiscal year 2002 
     and the estimated outlays flowing therefrom.
       (3) $1 billion in budget authority for the period of fiscal 
     years 1998 through 2002 and the estimated outlays flowing 
     therefrom.
       (c) Readjustments.--In the House, any adjustments made 
     under this section for any appropriation measure may be 
     readjusted if that measure is not enacted into law.

     SEC. 304. SEPARATE ALLOCATION FOR LAND ACQUISITIONS AND 
                   EXCHANGES.

       (a) Allocation by Chairman.--In the House, upon the 
     reporting of a bill by the Committee on Appropriations (or 
     upon the filing of a conference report thereon) providing 
     $700 million in budget authority for fiscal year 1998 for 
     Federal land acquisitions and to finalize priority Federal 
     land exchanges, the chairman of the Committee on the Budget 
     shall allocate that amount of budget authority and the 
     corresponding amount of outlays.
       (b) Treatment of Allocations in the House.--In the House, 
     for purposes of the Congressional Budget Act of 1974, 
     allocations made under subsection (a) shall be deemed to be 
     made pursuant to section 602(a)(1) of that Act and shall be 
     deemed to be a separate suballocation for purposes of the 
     application of section 302(f) of that Act as modified by 
     section 602(c) of that Act.
                 TITLE IV--SENSE OF CONGRESS PROVISIONS

     SEC. 401. SENSE OF CONGRESS ON BASELINES.

       (a) Findings.--The 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 portrayed 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 and executive accountability for 
     Federal spending.

     SEC. 402. SENSE OF CONGRESS ON REPAYMENT OF THE FEDERAL DEBT.

       (a) Findings.--The Congress finds that:
       (1) The Congress and the President have a basic moral and 
     ethical responsibility to future generations to repay the 
     Federal debt, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The Congress and the President should enact a law which 
     creates a regimen for paying off the Federal debt within 30 
     years.
       (b) Sense of Congress Regarding President's Submission to 
     Congress.--It is the sense of Congress that:
       (1) The President's annual budget submission to Congress 
     should include a plan for repayment of Federal debt beyond 
     the year 2002, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The plan should specifically explain how the President 
     would cap spending growth at a level one percentage point 
     lower than projected growth in revenues.
       (3) If spending growth were held to a level one percentage 
     point lower than projected growth in revenues, then the 
     Federal debt could be repaid within 30 years.

     SEC. 403. SENSE OF CONGRESS ON COMMISSION ON LONG-TERM 
                   BUDGETARY PROBLEMS.

       (a) Findings.--The Congress finds that--
       (1) achieving a balanced budget by fiscal year 2002 is only 
     the first step necessary to restore our Nation's economic 
     prosperity;
       (2) the imminent retirement of the baby-boom generation 
     will greatly increase the demand for government services;

[[Page H2905]]

       (3) this burden will be borne by a relatively smaller work 
     force resulting in an unprecedented intergenerational 
     transfer of financial resources;
       (4) the rising demand for retirement and medical benefits 
     will quickly jeopardize the solvency of the medicare, social 
     security, and Federal retirement trust funds; and
       (5) the Congressional Budget Office has estimated that 
     marginal tax rates would have to increase by 50 percent over 
     the next 5 years to cover the long-term projected costs of 
     retirement and health benefits.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to create a commission to 
     assess long-term budgetary problems, their implications for 
     both the baby-boom generation and tomorrow's workforce, and 
     make such recommendations as it deems appropriate to ensure 
     our Nation's future prosperity.

     SEC. 404. SENSE OF CONGRESS ON CORPORATE WELFARE.

       (a) Findings.--The Congress finds that the functional 
     levels and aggregates in this budget resolution assume that--
       (1) the Federal Government supports profit-making 
     enterprises and industries through billions of dollars in 
     payments, benefits, and programs;
       (2) many of these subsidies do not serve a clear and 
     compelling public interest;
       (3) corporate subsidies frequently provide unfair 
     competitive advantages to certain industries and industry 
     segments; and
       (4) 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.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to--
       (1) eliminate the most egregious corporate subsidies; and
       (2) create a commission to recommend the elimination of 
     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, 
     and include a fast-track process for the consideration of 
     those recommendations.

     SEC. 405. SENSE OF CONGRESS ON FAMILY VIOLENCE OPTION 
                   CLARIFYING AMENDMENT.

       (a) Findings.--The Congress finds that:
       (1) Domestic violence is the leading cause of physical 
     injury to women. The Department of Justice estimates that 
     over 1,000,000 violent crimes against women are committed by 
     intimate partners annually.
       (2) 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.
       (3) Domestic violence is often intensified as women seek to 
     gain economic independence through attending school or 
     training programs. Batterers have been reported to prevent 
     women from attending these programs or sabotage their efforts 
     at self-improvement.
       (4) Nationwide surveys of service providers prepared by the 
     Taylor Institute of Chicago, Illinois, document, for the 
     first time, the interrelationship between domestic violence 
     and welfare by showing that from 34 percent to 65 percent of 
     AFDC recipients are current or past victims of domestic 
     violence.
       (5) Over half of the women surveyed 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 
     poor women's ability to leave abusive situations that 
     threaten them and their children.
       (6) The restructuring of 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.
       (7) In recognition of this finding, the House Committee on 
     the Budget unanimously passed a sense of Congress amendment 
     on domestic violence and Federal assistance to the fiscal 
     year 1997 budget resolution. Subsequently, Congress passed 
     the family violence option amendment to last year's welfare 
     reform reconciliation bill.
       (8) The family violence option gives States the flexibility 
     to grant temporary waivers from time limits and work 
     requirements for domestic violence victims who would suffer 
     extreme hardship from the application of these provisions. 
     These waivers were not intended to be included as part of the 
     permanent 20 percent hardship exemption.
       (9) The Department of Health and Human Services has been 
     slow to issue regulations regarding this provision. As a 
     result, States are hesitant to fully implement the family 
     violence option fearing it will interfere with the 20 percent 
     hardship exemption.
       (10) Currently 15 States have opted to include the family 
     violence option in their welfare plans, and 13 other States 
     have included some type of domestic violence provisions in 
     their plans.
       (b) Sense of Congress.--It is the sense of Congress that--
       (1) States should not be subject to any numerical limits in 
     granting domestic violence good cause waivers to individuals 
     receiving assistance for all requirements where compliance 
     with such requirements would make it more difficult for 
     individuals receiving assistance to escape domestic violence; 
     and
       (2) any individuals granted a domestic violence good cause 
     waiver by States should not be included in the States' 20 
     percent hardship exemption.

    TITLE V--TRANSPORTATION REVENUES USED SOLELY FOR TRANSPORTATION

     SEC. 501. READJUSTMENTS.

       (a) Increase in Function 400.--Levels of new budget 
     authority and outlays set forth in function 400 in section 
     102 shall be increased as follows:
       (1) for fiscal year 1998, by $0 in outlays and by $0 in new 
     budget authority;
       (2) for fiscal year 1999, by $770,000,000 in outlays and by 
     $3,600,000,000 in new budget authority;
       (3) for fiscal year 2000, by $2,575,000,000 in outlays and 
     by $4,796,000,000 in new budget authority;
       (4) for fiscal year 2001, by $3,765,000,000 in outlays and 
     by $5,363,000,000 in new budget authority; and
       (5) for fiscal year 2002, by $4,488,000,000 in outlays and 
     by $5,619,000,000 in new budget authority.
       (b) Offsets.--(1)(A) The total budget outlays for each 
     fiscal year set forth in each functional category in section 
     102 shall be reduced by an amount determined through a pro 
     rata reduction of discretionary outlays within each function 
     necessary to achieve the following outlay reductions:
       (i) for fiscal year 1998, by $0 in outlays;
       (ii) for fiscal year 1999, by $746,000,000 in outlays;
       (iii) for fiscal year 2000, by $2,422,000,000 in outlays;
       (iv) for fiscal year 2001, by $3,532,000,000 in outlays; 
     and
       (v) for fiscal year 2002, by $4,242,000,000 in outlays;

     and corresponding reductions in new budget authority shall be 
     made in each function consistent with such pro rata 
     reductions in outlays. Reductions in new budget authority 
     shall be made to section 101(2) consistent with this 
     subparagraph and subsection (a).
       (B) These reductions shall not be made to the mandatory 
     outlay portion of any function, including (but not limited 
     to) Medicare, Medicaid and Social Security. For purposes of 
     the application of this paragraph to function 400, the pro 
     rata share shall be determined by using the amounts provided 
     for function 400 prior to any adjustment made by subparagraph 
     (A).
       (2) The amounts by which the aggregate levels of Federal 
     revenues should be changed as set forth in section 101(1)(B) 
     are reduced as follows:
       (A) for fiscal year 1998, by $0;
       (B) for fiscal year 1999, by $24,000,000;
       (C) for fiscal year 2000, by $153,000,000;
       (D) for fiscal year 2001, by $233,000,000; and
       (E) for fiscal year 2002, by $246,000,000.
       (3) The amounts by which to appropriate levels of total 
     budget outlays in section 101(3) are increased as follows:
       (A) for fiscal year 1998, by $0;
       (B) for fiscal year 1999, by $24,000,000;
       (C) for fiscal year 2000, by $153,000,000;
       (D) for fiscal year 2001, by $233,000,000;
       (D) for fiscal year 2002, by $246,000,000.
       (4) The reconciliation directives to the Committee on Ways 
     and Means in sections 201(c)(8)(B) and 201(d)(8)(B) shall be 
     adjusted accordingly.

     SEC. 502. HIGHWAY TRUST FUND ALLOCATIONS.

       (a) Allocated Amounts.--Of the amounts of outlays allocated 
     to the Committees on Appropriations of the House and Senate 
     by the joint explanatory statement accompanying this 
     resolution pursuant to sections 302 and 602 of the 
     Congressional Budget Act of 1974, the following amounts shall 
     be used for contract authority spending out of the Highway 
     Trust Fund--
       (1) for fiscal year 1998, $22,256,000,000 in outlays;
       (2) for fiscal year 1999, $24,063,000,000 in outlays;
       (3) for fiscal year 2000, $26,092,000,000 in outlays;
       (4) for fiscal year 2001, $27,400,000,000 in outlays; and
       (5) for fiscal year 2002, $28,344,000,000 in outlays.
       (b) Enforcement.--Determinations regarding points of order 
     made under section 302(f) or 602(c) of the Congressional 
     Budget Act of 1974 shall take into account subsection (a).
       (c) Statutory Implementation.--As part of reauthorization 
     of the Intermodal Surface Transportation Efficiency Act of 
     1991, provisions shall be included to enact this section into 
     permanent law.

     SEC. 503. PRIORITY FOR RESTORATION OF CUTS.

       Any outlays that would have been allocated for surface 
     transportation pursuant to section 301 shall first be used to 
     restore any cuts to discretionary spending made as a result 
     of section 501. The chairman of the House Committee on the 
     Budget shall implement section 301 consistent with this 
     section.

     SEC. 504. MATHEMATICAL CONSISTENCY.

       The Chairman of the House Committee on the Budget may make 
     technical changes consistent with this title to ensure 
     mathematical consistency.

                            H. Con. Res. 84

                        Offered By: Mr. DeFazio

               (Amendment in the Nature of a Substitute)

       Amendment No. 6: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998

[[Page H2906]]

     is hereby established and that the appropriate budgetary 
     levels for fiscal years 1999 through 2002 are hereby set 
     forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,609,100,000,000.
       Fiscal year 1999: $1,690,800,000,000.
       Fiscal year 2000: $1,766,000,000,000.
       Fiscal year 2001: $1,845,900,000,000.
       Fiscal year 2002: $1,928,400,000.000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: $-42,088,000,000.
       Fiscal year 1999: $-53,250,000,000.
       Fiscal year 2000: $-55,953,000,000.
       Fiscal year 2001: $-59,198,000,000.
       Fiscal year 2002: $-61,352,000,000.
       (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 1998: $1,805,208,700,000.
       Fiscal year 1999: $1,805,198,500,000.
       Fiscal year 2000: $1,887,279,700,000.
       Fiscal year 2001: $1,962,159,300,000.
       Fiscal year 2002: $2,051,324,800,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,688,663,700,000.
       Fiscal year 1999: $1,779,573,500,000.
       Fiscal year 2000: $1,868,268,700,000.
       Fiscal year 2001: $1,930,431,300,000.
       Fiscal year 2002: $2,024,323,800,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $84,311,000,000.
       Fiscal year 1999: $76,714,000,000.
       Fiscal year 2000: $66,698,000,000.
       Fiscal year 2001: $17,252,000,000.
       Fiscal year 2002: $-6,063,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,587,400,000,000.
       Fiscal year 1999: $5,823,200,000,000.
       Fiscal year 2000: $6,066,100,000,000.
       Fiscal year 2001: $6,265,200,000,000.
       Fiscal year 2002: $6,467,900,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $37,523,000.
       Fiscal year 1999: $36,806,000.
       Fiscal year 2000: $40,500,000.
       Fiscal year 2001: $40,906,000.
       Fiscal year 2002: $41,676,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $158,942,000.
       Fiscal year 1999: $157,111,000.
       Fiscal year 2000: $158,682,000.
       Fiscal year 2001: $160,237,000.
       Fiscal year 2002: $162,324,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $246,776,000,000.
       (B) Outlays, $246,217,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $250,000,000.
       Fiscal year 1999:
       (A) New budget authority, $239,872,000,000.
       (B) Outlays, $233,943,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $500,000,000.
       Fiscal year 2000:
       (A) New budget authority, $238,571,000,000.
       (B) Outlays, $232,198,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $800,000,000.
       Fiscal year 2001:
       (A) New budget authority, $239,476,000,000.
       (B) Outlays, $227,457,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $800,000,000.
       Fiscal year 2002:
       (A) New budget authority, $232,860,000,000.
       (B) Outlays, $221,137,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $800,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $16,978,000,000.
       (B) Outlays, $17,467,000,000.
       (C) New direct loan obligations, $1,900,000,000.
       (D) New primary loan guarantee commitments $12,059,000,000.
       Fiscal year 1999:
       (A) New budget authority, $17,591,000,000.
       (B) Outlays, $17,665,000,000.
       (C) New direct loan obligations, $2,191,000,000.
       (D) New primary loan guarantee commitments, 
     $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $18,166,000,000.
       (B) Outlays, $18,019,000,000.
       (C) New direct loan obligations, $2,162,000,000.
       (D) New primary loan guarantee commitments, 
     $13,736,000,000.
       Fiscal year 2001:
       (A) New budget authority, $18,731,000,000.
       (B) Outlays, $18,191,000,000.
       (C) New direct loan obligations, $2,013,000,000.
       (D) New primary loan guarantee commitments, 
     $13,702,000,000.
       Fiscal year 2002:
       (A) New budget authority, $19,322,000,000.
       (B) Outlays, $18,712,000,000.
       (C) New direct loan obligations, $2,023,000,000.
       (D) New primary loan guarantee commitments, 
     $14,000,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,675,000,000.
       (B) Outlays, $16,962,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $16,639,000,000.
       (B) Outlays, $16,665,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $16,494,000,000.
       (B) Outlays, $16,234,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $16,453,000,000.
       (B) Outlays, $16,194,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $16,486,000,000.
       (B) Outlays, $16,215,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $4,840,000,000.
       (B) Outlays, $5,079,000,000.
       (C) New direct loan obligations, $2,093,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $4,971,000,000.
       (B) Outlays, $5,106,000,000.
       (C) New direct loan obligations, $1,731,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $4,856,000,000.
       (B) Outlays, $4,904,000,000.
       (C) New direct loan obligations, $2,663,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $4,702,000,000.
       (B) Outlays, $4,712,000,000.
       (C) New direct loan obligations, $1,814,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $4,604,000,000.
       (B) Outlays, $4,577,000,000.
       (C) New direct loan obligations, $1,682,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $21,589,000,000.
       (B) Outlays, $20,502,000,000.
       (C) New direct loan obligations, $38,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $22,290,000,000.
       (B) Outlays, $21,168,000,000.
       (C) New direct loan obligations, $37,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $23,004,000,000.
       (B) Outlays, $22,073,000,000.
       (C) New direct loan obligations, $37,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $23,748,000,000.
       (B) Outlays, $23,026,000,000.
       (C) New direct loan obligations, $39,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $24,528,000,000.
       (B) Outlays, $23,788,000,000.
       (C) New direct loan obligations, $40,000,000.
       (D) New primary loan guarantee commitments $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $4,177,000,000.
       (B) Outlays, $4,152,000,000.
       (C) New direct loan obligations, $8,670,000,000.
       (D) New primary loan guarantee commitments $8,075,000,000.
       Fiscal year 1999:
       (A) New budget authority, $4,121,000,000.
       (B) Outlays, $4,103,000,000.

[[Page H2907]]

       (C) New direct loan obligations, $8,573,000,000.
       (D) New primary loan guarantee commitments $7,988,000,000.
       Fiscal year 2000:
       (A) New budget authority, $4,029,000,000.
       (B) Outlays, $4,006,000,000.
       (C) New direct loan obligations, $8,294,000,000.
       (D) New primary loan guarantee commitments $7,974,000,000.
       Fiscal year 2001:
       (A) New budget authority, $3,968,000,000.
       (B) Outlays, $3,941,000,000.
       (C) New direct loan obligations, $7,670,000,000.
       (D) New primary loan guarantee commitments $7,970,000,000.
       Fiscal year 2002:
       (A) New budget authority, $3,956,000,000.
       (B) Outlays, $3,913,000,000.
       (C) New direct loan obligations, $7,159,000,000.
       (D) New primary loan guarantee commitments $7,969,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $3,090,000,000.
       (B) Outlays, $3,087,000,000.
       (C) New direct loan obligations, $4,973,000,000.
       (D) New primary loan guarantee commitments 
     $161,613,000,000.
       Fiscal year 1999:
       (A) New budget authority, $3,423,000,000.
       (B) Outlays, $3,390,000,000.
       (C) New direct loan obligations, $1,682,000,000.
       (D) New primary loan guarantee commitments 
     $161,534,000,000.
       Fiscal year 2000:
       (A) New budget authority, $4,676,000,000.
       (B) Outlays, $4,634,000,000.
       (C) New direct loan obligations, $1,928,000,000.
       (D) New primary loan guarantee commitments 
     $163,350,000,000.
       Fiscal year 2001:
       (A) New budget authority, $3,344,000,000.
       (B) Outlays, $3,272,000,000.
       (C) New direct loan obligations, $2,258,000,000.
       (D) New primary loan guarantee commitments 
     $166,218,000,000.
       Fiscal year 2002:
       (A) New budget authority, $2,864,000,000.
       (B) Outlays, $2,782,000,000.
       (C) New direct loan obligations, $2,405,000,000.
       (D) New primary loan guarantee commitments 
     $169,216,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $14,809,000,000.
       (B) Outlays, $37,890,000,000.
       (C) New direct loan obligations, $591,000,000.
       (D) New primary loan guarantee commitments $477,000,000.
       Fiscal year 1999:
       (A) New budget authority, $15,464,000,000.
       (B) Outlays, $38,772,000,000.
       (C) New direct loan obligations, $791,000,000.
       (D) New primary loan guarantee commitments $477,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,833,000,000.
       (B) Outlays, $39,636,000,000.
       (C) New direct loan obligations, $863,000,000.
       (D) New primary loan guarantee commitments $477,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,319,000,000.
       (B) Outlays, $40,780,000,000.
       (C) New direct loan obligations, $879,000,000.
       (D) New primary loan guarantee commitments $477,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,825,000,000.
       (B) Outlays, $42,019,000,000.
       (C) New direct loan obligations, $879,000,000.
       (D) New primary loan guarantee commitments $477,000,000.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $9,719,000,000.
       (B) Outlays, $11,224,000,000.
       (C) New direct loan obligations, $2,460,000,000.
       (D) New primary loan guarantee commitments $1,914,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,344,000,000.
       (B) Outlays, $12,157,000,000.
       (C) New direct loan obligations, $1,908,000,000.
       (D) New primary loan guarantee commitments $2,055,000,000.
       Fiscal year 2000:
       (A) New budget authority, $11,626,000,000.
       (B) Outlays, $12,014,000,000.
       (C) New direct loan obligations, $2,118,000,000.
       (D) New primary loan guarantee commitments $2,090,000,000.
       Fiscal year 2001:
       (A) New budget authority, $11,305,000,000.
       (B) Outlays, $11,137,000,000.
       (C) New direct loan obligations, $2,210,000,000.
       (D) New primary loan guarantee commitments $2,159,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,583,000,000.
       (B) Outlays, $10,329,000,000.
       (C) New direct loan obligations, $2,143,000,000.
       (D) New primary loan guarantee commitments $2,022,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $55,499,000,000.
       (B) Outlays, $54,811,000,000.
       (C) New direct loan obligations, $14,536,000,000.
       (D) New primary loan guarantee commitments $21,256,000,000.
       Fiscal year 1999:
       (A) New budget authority, $61,976,000,000.
       (B) Outlays, $16,465,000,000.
       (C) New direct loan obligations, $17,636,000,000.
       (D) New primary loan guarantee commitments $20,548,000,000.
       Fiscal year 2000:
       (A) New budget authority, $60,569,000,000.
       (B) Outlays, $60,149,000,000.
       (C) New direct loan obligations, $20,162,000,000.
       (D) New primary loan guarantee commitments $21,538,000,000.
       Fiscal year 2001:
       (A) New budget authority, $58,654,000,000.
       (B) Outlays, $58,137,000,000.
       (C) New direct loan obligations, $21,736,000,000.
       (D) New primary loan guarantee commitments $21,538,000,000.
       Fiscal year 2002:
       (A) New budget authority, $58,026,000,000.
       (B) Outlays, $57,482,000,000.
       (C) New direct loan obligations, $23,076,000,000.
       (D) New primary loan guarantee commitments $22,872,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $25,983,000,000.
       (B) Outlays, $25,304,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $105,000,000.
       Fiscal year 1999:
       (A) New budget authority, $27,060,000,000.
       (B) Outlays, $26,494,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $6,000,000.
       Fiscal year 2000:
       (A) New budget authority, $27,644,000,000.
       (B) Outlays, $27,125,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $28,419,000,000.
       (B) Outlays, $27,895,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $29,228,000,000.
       (B) Outlays, $28,682,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $2,752,000,000.
       (B) Outlays, $2,743,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $2,675,000,000.
       (B) Outlays, $2,665,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $2,742,000,000.
       (B) Outlays, $2,732,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $2,738,000,000.
       (B) Outlays, $2,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $2,741,000,000.
       (B) Outlays, $2,728,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $35,627,000,000.
       (B) Outlays, $42,573,000,000.
       (C) New direct loan obligations, $73,000,000.
       (D) New primary loan guarantee commitments $17,000,000.
       Fiscal year 1999:
       (A) New budget authority, $39,835,000,000.
       (B) Outlays, $45,228,000,000.
       (C) New direct loan obligations, $8,000,000.
       (D) New primary loan guarantee commitments $34,000,000.
       Fiscal year 2000:
       (A) New budget authority, $41,704,000,000.
       (B) Outlays, $45,200,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $40,000,000.
       Fiscal year 2001:
       (A) New budget authority, $44,143,000,000.
       (B) Outlays, $46,132,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $40,000,000.
       Fiscal year 2002:
       (A) New budget authority, $45,868,000,000.
       (B) Outlays, $46,580,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $37,000,000.

[[Page H2908]]

       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $3,378,000,000.
       (B) Outlays, $3,378,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,391,000,000.
       (B) Outlays, $3,376,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $3,322,000,000.
       (B) Outlays, $3,306,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $3,264,000,000.
       (B) Outlays, $3,247,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $3,269,000,000
       (B) Outlays, $3,251,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $17,804,000,000.
       (B) Outlays, $18,272,000,000.
       (C) New direct loan obligations, $2,189,000,000.
       (D) New primary loan guarantee commitments $28,948,000,000.
       Fiscal year 1999:
       (A) New budget authority, $18,478,000,000.
       (B) Outlays, $18,307,000,000.
       (C) New direct loan obligations, $2,249,000,000.
       (D) New primary loan guarantee commitments $25,458,000,000.
       Fiscal year 2000:
       (A) New budget authority, $19,172,000,000.
       (B) Outlays, $18,900,000,000.
       (C) New direct loan obligations, $2,273,000,000.
       (D) New primary loan guarantee commitments $25,032,000,000.
       Fiscal year 2001:
       (A) New budget authority, $19,894,000,000.
       (B) Outlays, $19,607,000,000.
       (C) New direct loan obligations, $2,287,000,000.
       (D) New primary loan guarantee commitments $24,566,000,000.
       Fiscal year 2002:
       (A) New budget authority, $20,652,000,000.
       (B) Outlays, $20,357,000,000.
       (C) New direct loan obligations, $2,269,000,000.
       (D) New primary loan guarantee commitments $24,059,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $25,297,000,000.
       (B) Outlays, $23,170,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $26,168,000,000.
       (B) Outlays, $25,493,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $26,649,000,000.
       (B) Outlays, $26,297,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $27,240,000,000.
       (B) Outlays, $26,874,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority,, $25,662,000,000.
       (B) Outlays, $25,285,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $11,947,000,000.
       (B) Outlays, $11,965,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $12,380,000,000.
       (B) Outlays, $12,349,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $12,623,000,000.
       (B) Outlays, $12,560,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $12,263,000,000.
       (B) Outlays, $12,171,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $12,070,000,000.
       (B) Outlays, $11,827,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $249,859,000,000.
       (B) Outlays, $249,859,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $251,843,000,000.
       (B) Outlays, $251,843,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $248,203,000,000.
       (B) Outlays, $248,203,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $244,963,000,000.
       (B) Outlays, $244,963,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $238,762,000,000.
       (B) Outlays, $238,762,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Submissions.--Not later than August 1, 1997, the House 
     committees named in subsection (b) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction sufficient to 
     increase revenues as follows: by $42,088,000,000 in revenues 
     for fiscal year 1998, by by $61,352,000,000 in revenues for 
     fiscal year 2002, and by $272,841,000 in revenues in fiscal 
     years 1998 through 2002.
       (c) 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.

                            H. Con. Res. 84

                        Offered By: Mr. Doggett

       Amendment No. 7: At the end of the concurrent resolution, 
     add the following new section:

     SEC.    . PROTECTION OF BALANCED BUDGET.

       It is the sense of the Congress that, to assure that 
     neither the tax cuts nor the spending increases in this 
     resolution explode in cost, endangering the balanced budget 
     promised by 2002 or the ability to maintain balance 
     thereafter, any provision of law affecting revenues or 
     authorizing spending for new entitlement initiatives assumed 
     in this resolution should sunset and cease to be effective 
     within five years, unless subsequently reauthorized by law.

[[Page H2909]]

                            H. Con. Res. 84

                   Offered By Mr. Minge of Minnesota

               (Amendment in the Nature of a Substitute)

       Amendment No. 8: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,198,979,000,000.
       Fiscal year 1999: $1,241,859,000,000.
       Fiscal year 2000: $1,285,559,000,000.
       Fiscal year 2001: $1,343,591,000,000.
       Fiscal year 2002: $1,407,564,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: -$7,400,000,000.
       Fiscal year 1999: -$11,083,000,000.
       Fiscal year 2000: -$21,969,000,000.
       Fiscal year 2001: -$22,821,000,000.
       Fiscal year 2002: -$19,871,000,000.
       (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 1998: $1,385,086,000,000.
       Fiscal year 1999: $1,440,027,000,000.
       Fiscal year 2000: $1,486,314,000,000.
       Fiscal year 2001: $1,520,340,000,000.
       Fiscal year 2002: $1,551,837,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,371,887,000,000.
       Fiscal year 1999: $1,424,231,000,000.
       Fiscal year 2000: $1,468,751,000,000.
       Fiscal year 2001: $1,500,952,000,000.
       Fiscal year 2002: $1,516,298,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $172,908,000,000.
       Fiscal year 1999: $182,372,000,000.
       Fiscal year 2000: $183,192,000,000.
       Fiscal year 2001: $157,361,000,000.
       Fiscal year 2002: $108,734,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,592,500,000,000.
       Fiscal year 1999: $5,834,900,000,000.
       Fiscal year 2000: $6,081,000,000,000.
       Fiscal year 2001: $6,298,300,000,000.
       Fiscal year 2002: $6,474,400,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $268,197,000,000.
       (B) Outlays, $265,978,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $270,784,000,000.
       (B) Outlays, $265,771,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $274,802,000,000.
       (B) Outlays, $268,418,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $281,305,000,000.
       (B) Outlays, $270,110,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $289,092,000,000.
       (B) Outlays, $272,571,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $15,909,000,000.
       (B) Outlays, $14,588,000,000.
       (C) New direct loan obligations, $1,966,000,000.
       (D) New primary loan guarantee commitments, 
     $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,918,000,000.
       (B) Outlays, $14,569,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments, 
     $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,782,000,000.
       (B) Outlays, $14,981,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments, 
     $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,114,000,000.
       (B) Outlays, $14,751,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments, 
     $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,353,000,000.
       (B) Outlays, $14,812,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments, 
     $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,237,000,000.
       (B) Outlays, $16,882,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $16,203,000,000.
       (B) Outlays, $16,528,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $15,947,000,000.
       (B) Outlays, $16,013,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $15,800,000,000.
       (B) Outlays, $15,862,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $15,604,000,000.
       (B) Outlays, $15,668,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,123,000,000.
       (B) Outlays, $2,247,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,469,000,000.
       (B) Outlays, $2,446,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $3,186,000,000.
       (B) Outlays, $2,293,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $2,939,000,000.
       (B) Outlays, $2,048,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $2,846,000,000.
       (B) Outlays, $1,867,000,000.
       (C) New direct loan obligations, $1,171,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $23,877,000,000.
       (B) Outlays, $22,405,000,000.
       (C) New direct loan obligations, $3,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $23,227,000,000.
       (B) Outlays, $22,702,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $22,570,000,000.
       (B) Outlays, $22,963,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $22,151,000,000.
       (B) Outlays, $22,720,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $22,086,000,000.
       (B) Outlays, $22,313,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.

[[Page H2910]]

       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,133,000,000.
       (B) Outlays, $11,892,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,790,000,000.
       (B) Outlays, $11,294,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,215,000,000.
       (B) Outlays, $10,664,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,978,000,000.
       (B) Outlays, $9,494,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,670,000,000.
       (B) Outlays, $9,108,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,607,000,000.
       (B) Outlays, $920,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,082,000,000.
       (B) Outlays, $4,299,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,183,000,000.
       (B) Outlays, $9,821,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,078,000,000.
       (B) Outlays, $12,133,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,678,000,000.
       (B) Outlays, $12,541,000,000.
       (C) New direct loan obligations, $2,680,000,000.
       (D) New primary loan guarantee commitments 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $44,574,000,000.
       (B) Outlays, $40,933,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $46,556,000,000.
       (B) Outlays, $41,256,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $47,114,000,000.
       (B) Outlays, $41,357,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $48,135,000,000.
       (B) Outlays, $41,303,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $49,184,000,000.
       (B) Outlays, $41,247,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $8,768,000,000.
       (B) Outlays, $10,387,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,489,000,000.
       (B) Outlays, $10,902,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $7,810,000,000.
       (B) Outlays, $10,986,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $7,764,000,000.
       (B) Outlays, $11,350,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments $2,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $7,790,000,000.
       (B) Outlays, $8,429,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments $2,475,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $60,020,000,000.
       (B) Outlays, $56,062,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $60,450,000,000.
       (B) Outlays, $59,335,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments $21,899,000,000.
       Fiscal year 2000:
       (A) New budget authority, $61,703,000,000.
       (B) Outlays, $60,728,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $62,959,000,000.
       (B) Outlays, $61,931,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $63,339,000,000.
       (B) Outlays, $62,316,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $137,836,000,000.
       (B) Outlays, $137,804,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $144,939,000,000.
       (B) Outlays, $144,915,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $154,019,000,000.
       (B) Outlays, $153,898,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $163,413,000,000.
       (B) Outlays, $163,136,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $172,136,000,000.
       (B) Outlays, $171,692,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $201,620,000,000.
       (B) Outlays, $201,764,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $212,073,000,000.
       (B) Outlays, $211,548,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $225,540,000,000.
       (B) Outlays, $225,537,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $239,636,000,000.
       (B) Outlays, $238,781,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $251,548,000,000.
       (B) Outlays, $250,769,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $239,032,000,000.
       (B) Outlays, $247,758,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $254,090,000,000.
       (B) Outlays, $258,064,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $269,566,000,000.
       (B) Outlays, $268,161,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $275,145,000,000.

[[Page H2911]]

       (B) Outlays, $277,264,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $286,945,000,000.
       (B) Outlays, $285,239,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,424,000,000.
       (B) Outlays, $11,524,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $12,060,000,000.
       (B) Outlays, $12,196,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $12,792,000,000.
       (B) Outlays, $12,866,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,022,000,000.
       (B) Outlays, $13,043,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,383,000,000.
       (B) Outlays, $14,398,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $40,545,000,000.
       (B) Outlays, $41,337,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $41,715,000,000.
       (B) Outlays, $41,949,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $42,000,000,000.
       (B) Outlays, $42,168,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,364,000,000.
       (B) Outlays, $42,486,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $42,565,000,000.
       (B) Outlays, $42,719,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $24,765,000,000.
       (B) Outlays, $22,609,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $25,120,000,000.
       (B) Outlays, $24,476,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $25,178,000,000.
       (B) Outlays, $25,240,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $24,354,000,000.
       (B) Outlays, $25,901,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $24,883,000,000.
       (B) Outlays, $24,879,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,711,000,000.
       (B) Outlays, $13,959,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $14,444,000,000.
       (B) Outlays, $14,363,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $13,977,000,000.
       (B) Outlays, $14,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,675,000,000.
       (B) Outlays, $14,131,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $13,105,000,000.
       (B) Outlays, $13,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $296,549,000,000.
       (B) Outlays, $296,549,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $304,567,000,000.
       (B) Outlays, $304,567,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $304,867,000,000.
       (B) Outlays, $304,867,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $303,659,000,000.
       (B) Outlays, $303,659,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $303,754,000,000.
       (B) Outlays, $303,754,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$41,841,000,000.
       (B) Outlays, -$41,841,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, -$36,949,000,000.
       (B) Outlays, -$36,949,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,937,000,000.
       (B) Outlays, -$36,937,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, -$39,151,000,000.
       (B) Outlays, -$39,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, -$51,124,000,000.
       (B) Outlays, -$51,124,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Purpose.--The purpose of this section is to provide for 
     two separate reconciliation bills: the first for entitlement 
     reforms and the second for tax relief. In the event Senate 
     procedures preclude the consideration of two separate bills, 
     this section would permit the consideration of one omnibus 
     reconciliation bill.
       (b) Submissions.--
       (1) Entitlement reforms.--Not later than June 12, 1997, the 
     House committees named in subsection (c) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (2) Tax relief and miscellaneous reforms.--Not later than 
     June 13, 1997, the House committees named in subsection (d) 
     shall submit their recommendations to the House Committee on 
     the Budget. After receiving those recommendations, the House 
     Committee on the Budget shall report to the House a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.

[[Page H2912]]

       (c) Instructions Relating to Entitlement 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: $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: -$8,435,000,000 in outlays 
     for fiscal year 1998, -$5,091,000,000 in outlays for fiscal 
     year 2002, and -$50,306,000,000 in outlays in fiscal years 
     1998 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: $393,770,000,000 
     in outlays for fiscal year 1998, $507,315,000,000 in outlays 
     for fiscal year 2002, and $2,619,820,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $214,000,000 in fiscal year 
     1998, $621,000,000 in fiscal year 2002, and $1,829,000,000 
     in fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,483,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,845,000,000 in outlays for fiscal year 2002, and 
     $140,197,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,463,000,000 in outlays 
     for fiscal year 1998, $506,377,000,000 in outlays for fiscal 
     year 2002, and $2,621,195,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,172,136,000,000 in revenues for fiscal year 1998, 
     $1,382,679,000,000 in revenues for fiscal year 2002, and 
     $7,493,796,000,000 in revenues in fiscal years 1998 through 
     2002.
       (d) Instructions Relating to Tax Relief and Miscellaneous 
     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: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 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: -$8,435,000,000 in 
     outlays for fiscal year 1998,-$5,091,000,000 in outlays for 
     fiscal year 2002, and -$50,306,000,000 in outlays in fiscal 
     years 1998 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: $393,770,000,000 
     in outlays for fiscal year 1998, $507,315,000,000 in outlays 
     for fiscal year 2002, and $2,619,820,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $214,000,000 in fiscal year 1998 
     $621,000,000 in outlays for fiscal year 2002, and 
     $1,829,000,000 in fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,483,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,845,000,000 in outlays for fiscal year 2002, and 
     $140,197,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,463,000,000 in outlays 
     for fiscal year 1998, $506,377,000,000 in outlays for fiscal 
     year 2002, and $2,621,195,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,164,736,000,000 in revenues for fiscal year 1998, 
     $1,362,179,000,000 in revenues for fiscal year 2002, and 
     $7,408,796,000,000 in revenues in fiscal years 1998 through 
     2002.
       (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.
       (f) Flexibility in Carrying Out Children's Health 
     Initiative.--If the Committees on Commerce and Ways and Means 
     report recommendations pursuant to their reconciliation 
     instructions that, combined, provide an initiative for 
     children's health that would increase the deficit by more 
     than $2.3 billion for fiscal year 1998, by more than $3.9 
     billion for fiscal year 2002, and by more than $16 billion 
     for the period of fiscal years 1998 through 2002, the 
     committees shall be deemed to not have complied with their 
     reconciliation instructions pursuant to section 310(d) of 
     the Congressional Budget Act of 1974.
                     TITLE III--BUDGET ENFORCEMENT

     SEC. 301. DEFICIT-NEUTRAL RESERVE FUND FOR SURFACE 
                   TRANSPORTATION.

       (a) Purpose.--The purpose of this section is to adjust the 
     appropriate budgetary levels to accommodate legislation 
     increasing spending from the highway trust fund on surface 
     transportation and highway safety above the levels assumed in 
     this resolution if such legislation is deficit neutral.
       (b) Deficit Neutrality Requirement.--(1) In order to 
     receive the adjustments specified in subsection (c), a bill 
     reported by the Committee on Transportation and 
     Infrastructure that provides new budget authority above the 
     levels assumed in this resolution for programs authorized out 
     of the highway trust fund must be deficit neutral.
       (2) A deficit-neutral bill must meet the following 
     conditions:
       (A) The amount of new budget authority provided for 
     programs authorized out of the highway trust fund must be in 
     excess of $25.949 billion in new budget authority for fiscal 
     year 1998, $25.464 billion in new budget authority for fiscal 
     year 2002, and $127.973 billion in new budget authority for 
     the period of fiscal years 1998 through 2002.
       (B) The outlays estimated to flow from the excess new 
     budget authority set forth in subparagraph (A) must be offset 
     for fiscal year 1998, fiscal year 2002, and for the period of 
     fiscal years 1998 through 2002. For the sole purpose of 
     estimating the amount of outlays flowing from excess new 
     budget authority under this section, it shall be assumed that 
     such excess new budget authority would have an obligation 
     limitation sufficient to accommodate that new budget 
     authority.
       (C) The outlays estimated to flow from the excess new 
     budget authority must be offset by (i) other direct spending 
     or revenue provisions within that transportation bill, (ii) 
     the net reduction in other direct spending and revenue 
     legislation that is enacted during this Congress after the 
     date of adoption of this resolution and before such 
     transportation bill is reported (in excess of the levels 
     assumed in this resolution), or (iii) a combination of the 
     offsets specified in clauses (i) and (ii).
       (D) As used in 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.
       (c) Revised Levels.--(1) When the Committee on 
     Transportation and Infrastructure

[[Page H2913]]

     reports a bill (or when a conference report thereon is filed) 
     meeting the conditions set forth in subsection (b)(2), the 
     chairman of the Committee on the Budget shall increase the 
     allocation of new budget authority to that committee by the 
     amount of new budget authority provided in that bill (and 
     that is within the levels set forth in subsection (b)(2)(A)) 
     for programs authorized out of the highway trust fund.
       (2) After the enactment of the transportation bill 
     described in paragraph (1) and upon the reporting of a 
     general, supplemental or continuing resolution making 
     appropriations by the Committee on Appropriations (or upon 
     the filing of a conference report thereon) establishing an 
     obligation limitation above the levels specified in 
     subsection (b)(2)(A) (at a level sufficient to obligate some 
     or all of the budget authority specified in paragraph (1)), 
     the chairman of the Committee on the Budget shall increase 
     the allocation and aggregate levels of outlays to that 
     committee for fiscal years 1998 and 1999 by the appropriate 
     amount.
       (d) Revisions.--Allocations and aggregates revised pursuant 
     to this section shall be considered for purposes of the 
     Congressional Budget Act of 1974 as allocations and 
     aggregates contained in this resolution.
       (e) Reversals.--If any legislation referred to in this 
     section is not enacted into law, then the chairman of the 
     House Committee on the Budget shall, as soon as practicable, 
     reverse adjustments made under this section for such 
     legislation and have such adjustments published in the 
     Congressional Record.
       (f) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.
       (g) Definition.--As used in this section, the term 
     ``highway trust fund'' refers to the following budget 
     accounts (or any successor accounts):
       (1) 69-8083-0-7-401 (Federal-Aid Highways).
       (2) 69-8191-0-7-401 (Mass Transit Capital Fund).
       (3) 69-8350-0-7-401 (Mass Transit Formula Grants).
       (4) 69-8016-0-7-401 (National Highway Traffic Safety 
     Administration-Operations and Research).
       (5) 69-8020-0-7-401 (Highway Traffic Safety Grants).
       (6) 69-8048-0-7-401 (National Motor Carrier Safety 
     Program).

     SEC. 302. SALE OF GOVERNMENT ASSETS.

       (a) Budgetary treatment.--
       (1) In general.--For the purpose of any concurrent 
     resolution on the budget and the Congressional Budget Act of 
     1974, no amounts realized from the sale of an asset shall be 
     scored with respect to the level of budget authority, 
     outlays, or revenues if such sale would cause an increase in 
     the deficit as calculated pursuant to paragraph (2).
       (2) Calculation of net present value.--The deficit estimate 
     of an asset sale shall be the net present value of the cash 
     flow from--
       (A) proceeds from the asset sale;
       (B) future receipts that would be expected from continued 
     ownership of the asset by the Government; and
       (C) expected future spending by the Government at a level 
     necessary to continue to operate and maintain the asset to 
     generate the receipts estimated pursuant to subparagraph (B).
       (b) Definition.--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.
       (c) Treatment of Loan Assets.--For the 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.
       (d) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.

     SEC. 303. ENVIRONMENTAL RESERVE FUND.

       (a) Committee Allocations.--In the House, after the 
     Committee on Commerce and the Committee on Transportation and 
     Infrastructure report a bill (or a conference report thereon 
     is filed) to reform the Superfund program to facilitate the 
     cleanup of hazardous waste sites, the chairman of the 
     Committee on the Budget shall submit revised allocations and 
     budget aggregates to carry out this section by an amount not 
     to exceed the excess subject to the limitation. These 
     revisions shall be considered for purposes of the 
     Congressional Budget Act of 1974 as the allocations and 
     aggregates contained in this resolution.
       (b) Limitations.--The adjustments made under this section 
     shall not exceed--
       (1) $200 million in budget authority for fiscal year 1998 
     and the estimated outlays flowing therefrom.
       (2) $200 million in budget authority for fiscal year 2002 
     and the estimated outlays flowing therefrom.
       (3) $1 billion in budget authority for the period of fiscal 
     years 1998 through 2002 and the estimated outlays flowing 
     therefrom.
       (c) Readjustments.--In the House, any adjustments made 
     under this section for any appropriation measure may be 
     readjusted if that measure is not enacted into law.

     SEC. 304. SEPARATE ALLOCATION FOR LAND ACQUISITIONS AND 
                   EXCHANGES.

       (a) Allocation by Chairman.--In the House, upon the 
     reporting of a bill by the Committee on Appropriations (or 
     upon the filing of a conference report thereon) providing 
     $700 million in budget authority for fiscal year 1998 for 
     Federal land acquisitions and to finalize priority Federal 
     land exchanges, the chairman of the Committee on the Budget 
     shall allocate that amount of outlays and the 
     corresponding amount of budget authority.
       (b) Treatment of Allocations in the House.--In the House, 
     for purposes of the Congressional Budget Act of 1974, 
     allocations made under subsection (a) shall be deemed to be 
     made pursuant to section 602(a)(1) of that Act and shall be 
     deemed to be a separate suballocation for purposes of the 
     application of section 302(f) of that Act as modified by 
     section 602(c) of that Act.
                 TITLE IV--SENSE OF CONGRESS PROVISIONS

     SEC. 401. SENSE OF CONGRESS ON BASELINES.

       (a) Findings.--The 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 portrayed 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 and executive accountability for 
     Federal spending.

     SEC. 402. SENSE OF CONGRESS ON REPAYMENT OF THE FEDERAL DEBT.

       (a) Findings.--The Congress finds that:
       (1) The Congress and the President have a basic moral and 
     ethical responsibility to future generations to repay the 
     Federal debt, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The Congress and the President should enact a law which 
     creates a regimen for paying off the Federal debt within 30 
     years.
       (b) Sense of Congress Regarding President's Submission to 
     Congress.--It is the sense of Congress that:
       (1) The President's annual budget submission to Congress 
     should include a plan for repayment of Federal debt beyond 
     the year 2002, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The plan should specifically explain how the President 
     would cap spending growth at a level one percentage point 
     lower than projected growth in revenues.
       (3) If spending growth were held to a level one percentage 
     point lower than projected growth in revenues, then the 
     Federal debt could be repaid within 30 years.

     SEC. 403. SENSE OF CONGRESS ON COMMISSION ON LONG-TERM 
                   BUDGETARY PROBLEMS.

       (a) Findings.--The Congress finds that--
       (1) achieving a balanced budget by fiscal year 2002 is only 
     the first step necessary to restore our Nation's economic 
     prosperity;
       (2) the imminent retirement of the baby-boom generation 
     will greatly increase the demand for government services;
       (3) this burden will be borne by a relatively smaller work 
     force resulting in an unprecedented intergenerational 
     transfer of financial resources;
       (4) the rising demand for retirement and medical benefits 
     will quickly jeopardize the solvency of the medicare, social 
     security, and Federal retirement trust funds; and
       (5) the Congressional Budget Office has estimated that 
     marginal tax rates would have to increase by 50 percent over 
     the next 5 years to cover the long-term projected costs of 
     retirement and health benefits.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to create a commission to 
     assess long-term budgetary problems, their implications for 
     both the baby-boom generation and tomorrow's workforce, and 
     make such recommendations as it deems appropriate to ensure 
     our Nation's future prosperity.

     SEC. 404. SENSE OF CONGRESS ON CORPORATE WELFARE.

       (a) Findings.--The Congress finds that the functional 
     levels and aggregates in this budget resolution assume that--
       (1) the Federal Government supports profit-making 
     enterprises and industries through billions of dollars in 
     payments, benefits, and programs;
       (2) many of these subsidies do not serve a clear and 
     compelling public interest;
       (3) corporate subsidies frequently provide unfair 
     competitive advantages to certain industries and industry 
     segments; and
       (4) 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.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to--
       (1) eliminate the most egregious corporate subsidies; and
       (2) create a commission to recommend the elimination of 
     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, 
     and include a fast-track process for the consideration of 
     those recommendations.

[[Page H2914]]

     SEC. 405. SENSE OF THE CONGRESS REGARDING BALANCED BUDGET 
                   ENFORCEMENT.

       It is the sense of Congress that reconciliation legislation 
     considered pursuant to this legislation must include 
     enforcement procedures to ensure that the Budget of the 
     United States Government does reach balance by 2002 and 
     remain in balance thereafter. Such language should--
       (1) set nominal targets for spending, revenues, and 
     deficits for each year of the next 10 years;
       (2) require that the President propose a budget that 
     complies with the spending, revenue, and deficit targets in 
     each year or propose to change the targets, and require that 
     any budget resolution considered by the House of 
     Representatives and the Senate comply with the spending, 
     revenue, and deficit targets in each year or recommend 
     changes to those targets;
       (3) include all portions of the budget and apply such 
     enforcement proportionally to the specific parts of the 
     budget that caused the deficit to exceed the target in any 
     year. This should be accomplished through a combination of--
       (A) extension of the caps for discretionary spending 
     enforced by sequestration through fiscal year 2002;
       (B) global caps for total entitlement spending and specific 
     caps within the global caps for large entitlement programs, 
     with sequestration applied to those programs or categories 
     that caused outlays to exceed the caps;
       (C) a requirement that tax cuts be phased in contingent on 
     meeting the revenue targets in the agreement;
       (4) allow adjustments to spending caps and revenue and 
     deficit targets for changes in actual economic conditions to 
     avoid forcing policy changes due directly and exclusively to 
     changes in economic conditions;
       (5) prevent the use of emergencies to evade the enforcement 
     mechanism by establishing procedures to budget for and 
     control emergency spending; and
       (6) if the actual deficit is below the target in any year, 
     lock in such budget savings for deficit and debt reduction.

                            H. Con. Res. 84

                         Offered By: Mr. Minge

               (Amendment in the Nature of a Substitute)

       Amendment No. 9: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,198,979,000,000.
       Fiscal year 1999: $1,241,859,000,000.
       Fiscal year 2000: $1,285,559,000,000.
       Fiscal year 2001: $1,343,591,000,000.
       Fiscal year 2002: $1,407,564,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: -$7,400,000,000.
       Fiscal year 1999: -$11,083,000,000.
       Fiscal year 2000: -$21,969,000,000.
       Fiscal year 2001: -$22,821,000,000.
       Fiscal year 2002: -$19,871,000,000.
       (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 1998: $1,385,086,000,000.
       Fiscal year 1999: $1,440,027,000,000.
       Fiscal year 2000: $1,486,314,000,000.
       Fiscal year 2001: $1,520,340,000,000.
       Fiscal year 2002: $1,551,837,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,371,887,000,000.
       Fiscal year 1999: $1,424,231,000,000.
       Fiscal year 2000: $1,468,751,000,000.
       Fiscal year 2001: $1,500,952,000,000.
       Fiscal year 2002: $1,516,298,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $172,908,000,000.
       Fiscal year 1999: $182,372,000,000.
       Fiscal year 2000: $183,192,000,000.
       Fiscal year 2001: $157,361,000,000.
       Fiscal year 2002: $108,734,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,592,500,000,000.
       Fiscal year 1999: $5,834,900,000,000.
       Fiscal year 2000: $6,081,000,000,000.
       Fiscal year 2001: $6,298,300,000,000.
       Fiscal year 2002: $6,474,400,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $268,197,000,000.
       (B) Outlays, $265,978,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $270,784,000,000.
       (B) Outlays, $265,771,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $274,802,000,000.
       (B) Outlays, $268,418,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $281,305,000,000.
       (B) Outlays, $270,110,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $289,092,000,000.
       (B) Outlays, $272,571,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $15,909,000,000.
       (B) Outlays, $14,558,000,000.
       (C) New direct loan obligations, $1,966,000,000.
       (D) New primary loan guarantee commitments $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,918,000,000.
       (B) Outlays, $14,569,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,782,000,000.
       (B) Outlays, $14,981,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,114,000,000.
       (B) Outlays, $14,751,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,353,000,000.
       (B) Outlays, $14,812,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,237,000,000.
       (B) Outlays, $16,882,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $16,203,000,000.
       (B) Outlays, $16,528,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $15,947,000,000.
       (B) Outlays, $16,013,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $15,800,000,000.
       (B) Outlays, $15,862,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $15,604,000,000.
       (B) Outlays, $15,668,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,123,000,000.
       (B) Outlays, $2,247,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,469,000,000.
       (B) Outlays, $2,446,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $3,186,000,000.
       (B) Outlays, $2,293,000,000.

[[Page H2915]]

       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $2,939,000,000.
       (B) Outlays, $2,048,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $2,846,000,000.
       (B) Outlays, $1,867,000,000.
       (C) New direct loan obligations, $1,171,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $23,877,000,000.
       (B) Outlays, $22,405,000,000.
       (C) New direct loan obligations, $3,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $23,227,000,000.
       (B) Outlays, $22,702,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $22,570,000,000.
       (B) Outlays, $22,963,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $22,151,000,000.
       (B) Outlays, $22,720,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $22,086,000,000.
       (B) Outlays, $22,313,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments, $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,133,000,000.
       (B) Outlays, $11,892,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments, $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,790,000,000.
       (B) Outlays, $11,294,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments, $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,215,000,000.
       (B) Outlays, $10,664,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments, $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,978,000,000.
       (B) Outlays, $9,494,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments, $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,670,000,000.
       (B) Outlays, $9,108,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments, $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,607,000,000.
       (B) Outlays, $920,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments, 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,082,000,000.
       (B) Outlays, $4,299,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,183,000,000.
       (B) Outlays, $9,821,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,078,000,000.
       (B) Outlays, $12,133,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,678,000,000.
       (B) Outlays, $12,541,000,000.
       (C) New direct loan obligations, $2,680,000,000.
       (D) New primary loan guarantee commitments 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $44,574,000,000.
       (B) Outlays, $40,933,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $46,556,000,000.
       (B) Outlays, $41,256,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $47,114,000,000.
       (B) Outlays, $41,357,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $48,135,000,000.
       (B) Outlays, $41,303,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $49,184,000,000.
       (B) Outlays, $41,247,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $8,768,000,000.
       (B) Outlays, $10,387,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,489,000,000.
       (B) Outlays, $10,902,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $7,810,000,000X.
       (B) Outlays, $10,986,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $7,764,000,000.
       (B) Outlays, $11,350,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments $2,475,000,000.
       Fiscal year 2002:
       (A) New budget authority, $7,790,000,000.
       (B) Outlays, $8,429,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments $2,475,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $60,020,000,000.
       (B) Outlays, $56,062,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $60,450,000,000.
       (B) Outlays, $59,335,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments $21,899,000,000.
       Fiscal year 2000:
       (A) New budget authority, $61,703,000,000.
       (B) Outlays, $60,728,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $62,959,000,000.
       (B) Outlays, $61,931,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $63,339,000,000.
       (B) Outlays, $62,316,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $137,836,000,000.
       (B) Outlays, $137,804,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $144,939,000,000.
       (B) Outlays, $144,915,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $154,019,000,000.
       (B) Outlays, $153,898,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $163,413,000,000.
       (B) Outlays, $163,136,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $172,136,000,000.
       (B) Outlays, $171,692,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal year 1998:
       (A) New budget authority, $201,620,000,000.
       (B) Outlays, $201,764,000,000.

[[Page H2916]]

       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $212,073,000,000.
       (B) Outlays, $211,548,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $225,540,000,000.
       (B) Outlays, $225,537,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $239,636,000,000.
       (B) Outlays, $238,781,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $251,548,000,000.
       (B) Outlays, $250,769,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal year 1998:
       (A) New budget authority, $239,032,000,000.
       (B) Outlays, $247,758,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 1999:
       (A) New budget authority, $254,090,000,000.
       (B) Outlays, $258,064,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2000:
       (A) New budget authority, $269,566,000,000.
       (B) Outlays, $268,161,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2001:
       (A) New budget authority, $275,145,000,000.
       (B) Outlays, $277,264,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $286,945,000,000.
       (B) Outlays, $285,239,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,424,000,000.
       (B) Outlays, $11,524,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $12,060,000,000.
       (B) Outlays, $12,196,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $12,792,000,000.
       (B) Outlays, $12,866,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,022,000,000.
       (B) Outlays, $13,043,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,383,000,000.
       (B) Outlays, $14,398,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (15) Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $40,545,000,000.
       (B) Outlays, $41,337,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $41,715,000,000.
       (B) Outlays, $41,949,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $42,000,000,000.
       (B) Outlays, $42,168,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,364,000,000.
       (B) Outlays, $42,486,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $42,565,000,000.
       (B) Outlays, $42,719,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $24,765,000,000.
       (B) Outlays, $22,609,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $25,120,000,000.
       (B) Outlays, $24,476,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $25,178,000,000.
       (B) Outlays, $25,240,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $24,354,000,000.
       (B) Outlays, $25,901,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $24,883,000,000.
       (B) Outlays, $24,879,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,711,000,000.
       (B) Outlays, $13,959,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $14,444,000,000.
       (B) Outlays, $14,363,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $13,977,000,000.
       (B) Outlays, $14,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,675,000,000.
       (B) Outlays, $14,131,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $13,105,000,000.
       (B) Outlays, $13,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $296,549,000,000.
       (B) Outlays, $296,549,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $304,567,000,000.
       (B) Outlays, $304,567,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $304,867,000,000.
       (B) Outlays, $304,867,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $303,659,000,000.
       (B) Outlays, $303,659,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $303,754,000,000.
       (B) Outlays, $303,754,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, -$0.
       (B) Outlays, -$0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$41,841,000,000.
       (B) Outlays, -$41,841,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, -$36,949,000,000.
       (B) Outlays, -$36,949,000,000.
       (C) New direct loan obligations, $0.

[[Page H2917]]

       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,937,000,000.
       (B) Outlays, -$36,937,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, -$39,151,000,000.
       (B) Outlays, -$39,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, -$51,124,000,000.
       (B) Outlays, -$51,124,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Purpose.--The purpose of this section is to provide for 
     two separate reconciliation bills: the first for entitlement 
     reforms and the second for tax relief. In the event Senate 
     procedures preclude the consideration of two separate bills, 
     this section would permit the consideration of one omnibus 
     reconciliation bill.
       (b) Submissions.--
       (1) Entitlement reforms.--Not later than June 12, 1997, the 
     House committees named in subsection (c) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (2) Tax relief and miscellaneous reforms.--Not later than 
     June 13, 1997, the House committees named in subsection (d) 
     shall submit their recommendations to the House Committee on 
     the Budget. After receiving those recommendations, the House 
     Committee on the Budget shall report to the House a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.
       (c) Instructions Relating to Entitlement 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: $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: $8,435,000,000 in outlays for 
     fiscal year 1998, $5,091,000,000 in outlays for fiscal year 
     2002, and $50,306,000,000 in outlays in fiscal years 1998 
     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: $393,770,000,000 
     in outlays for fiscal year 1998, $507,315,000,000 in outlays 
     for fiscal year 2002, and $2,619,820,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $214,000,000 in fiscal year 
     1998, $621,000,000 in fiscal year 2002, and $1,829,000,000 
     in fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,483,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,845,000,000 in outlays for fiscal year 2002, and 
     $140,197,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,463,000,000 in outlays 
     for fiscal year 1998, $506,377,000,000 in outlays for fiscal 
     year 2002, and $2,621,195,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,172,136,000,000 in revenues for fiscal year 1998, 
     $1,382,679,000,000 in revenues for fiscal year 2002, and 
     $7,493,796,000,000 in revenues in fiscal years 1998 through 
     2002.
       (d) Instructions Relating to Tax Relief and Miscellaneous 
     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: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 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: -$8,435,000,000 in 
     outlays for fiscal year 1998, -$5,091,000,000 in outlays for 
     fiscal year 2002, and -$50,306,000,000 in outlays in fiscal 
     years 1998 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: $393,770,000,000 
     in outlays for fiscal year 1998, $507,315,000,000 in outlays 
     for fiscal year 2002, and $2,619,820,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,718,000,000 in outlays for 
     fiscal year 1998, $18,167,000,000 in outlays for fiscal year 
     2002, and $106,050,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $214,000,000 in fiscal year 1998 
     $621,000,000 in outlays for fiscal year 2002, and 
     $1,829,000,000 in fiscal years 1998 through 2002.
       (6) 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: $18,287,000,000 in 
     outlays for fiscal year 1998, $17,843,000,000 in outlays for 
     fiscal year 2002, and $107,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,845,000,000 in outlays for fiscal year 2002, and 
     $140,197,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,463,000,000 in outlays 
     for fiscal year 1998, $506,377,000,000 in outlays for fiscal 
     year 2002, and $2,621,195,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,164,736,000,000 in revenues for fiscal year 1998, 
     $1,362,179,000,000 in revenues for fiscal year 2002, and 
     $7,408,796,000,000 in revenues in fiscal years 1998 through 
     2002.
       (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.
       (f) Flexibility in Carrying Out Children's Health 
     Initiative.--If the Committees on Commerce and Ways and Means 
     report recommendations pursuant to their reconciliation 
     instructions that provide an initiative for children's health 
     that would increase the deficit by more than $2.3 billion for 
     fiscal year 1998, by more than $3.9 billion for fiscal year 
     2002, and by more than $16 billion for the period of 
     fiscal years 1998 through 2002, the committees shall be 
     deemed to not have complied with their reconciliation 
     instructions pursuant to section 310(d) of the 
     Congressional Budget Act of 1974.
                     TITLE III--BUDGET ENFORCEMENT

     SEC. 301. DEFICIT-NEUTRAL RESERVE FUND FOR SURFACE 
                   TRANSPORTATION.

       (a) Purpose.--The purpose of this section is to adjust the 
     appropriate budgetary levels to accommodate legislation 
     increasing spending from the highway trust fund on surface 
     transportation and highway safety

[[Page H2918]]

     above the levels assumed in this resolution if such 
     legislation is deficit neutral.
       (b) Deficit Neutrality Requirement.--(1) In order to 
     receive the adjustments specified in subsection (c), a bill 
     reported by the Committee on Transportation and 
     Infrastructure that provides new budget authority above the 
     levels assumed in this resolution for programs authorized out 
     of the highway trust fund must be deficit neutral.
       (2) A deficit-neutral bill must meet the following 
     conditions:
       (A) The amount of new budget authority provided for 
     programs authorized out of the highway trust fund must be in 
     excess of $25.949 billion in new budget authority for fiscal 
     year 1998, $25.464 billion in new budget authority for fiscal 
     year 2002, and $127.973 billion in new budget authority for 
     the period of fiscal years 1998 through 2002.
       (B) The outlays estimated to flow from the excess new 
     budget authority set forth in subparagraph (A) must be offset 
     for fiscal year 1998, fiscal year 2002, and for the period of 
     fiscal years 1998 through 2002. For the sole purpose of 
     estimating the amount of outlays flowing from excess new 
     budget authority under this section, it shall be assumed that 
     such excess new budget authority would have an obligation 
     limitation sufficient to accommodate that new budget 
     authority.
       (C) The outlays estimated to flow from the excess new 
     budget authority must be offset by (i) other direct spending 
     or revenue provisions within that transportation bill, (ii) 
     the net reduction in other direct spending and revenue 
     legislation that is enacted during this Congress after the 
     date of adoption of this resolution and before such 
     transportation bill is reported (in excess of the levels 
     assumed in this resolution), or (iii) a combination of the 
     offsets specified in clauses (i) and (ii).
       (D) As used in 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.
       (c) Revised Levels.--(1) When the Committee on 
     Transportation and Infrastructure reports a bill (or when a 
     conference report thereon is filed) meeting the conditions 
     set forth in subsection (b)(2), the chairman of the Committee 
     on the Budget shall increase the allocation of new budget 
     authority to that committee by the amount of new budget 
     authority provided in that bill (and that is within the 
     levels set forth in subsection (b)(2)(A)) for programs 
     authorized out of the highway trust fund.
       (2) After the enactment of the transportation bill 
     described in paragraph (1) and upon the reporting of a 
     general, supplemental or continuing resolution making 
     appropriations by the Committee on Appropriations (or upon 
     the filing of a conference report thereon) establishing an 
     obligation limitation above the levels specified in 
     subsection (b)(2)(A) (at a level sufficient to obligate some 
     or all of the budget authority specified in paragraph (1)), 
     the chairman of the Committee on the Budget shall increase 
     the allocation and aggregate levels of outlays to that 
     committee for fiscal years 1998 and 1999 by the appropriate 
     amount.
       (d) Revisions.--Allocations and aggregates revised pursuant 
     to this section shall be considered for purposes of the 
     Congressional Budget Act of 1974 as allocations and 
     aggregates contained in this resolution.
       (e) Reversals.--If any legislation referred to in this 
     section is not enacted into law, then the chairman of the 
     House Committee on the Budget shall, as soon as practicable, 
     reverse adjustments made under this section for such 
     legislation and have such adjustments published in the 
     Congressional Record.
       (f) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.
       (g) Definition.--As used in this section, the term 
     ``highway trust fund'' refers to the following budget 
     accounts (or any successor accounts):
       (1) 69-8083-0-7-401 (Federal-Aid Highways).
       (2) 69-8191-0-7-401 (Mass Transit Capital Fund).
       (3) 69-8350-0-7-401 (Mass Transit Formula Grants).
       (4) 69-8016-0-7-401 (National Highway Traffic Safety 
     Administration-Operations and Research).
       (5) 69-8020-0-7-401 (Highway Traffic Safety Grants).
       (6) 69-8048-0-7-401 (National Motor Carrier Safety 
     Program).

     SEC. 302. SALE OF GOVERNMENT ASSETS.

       (a) Budgetary treatment.--
       (1) In general.--For the purpose of any concurrent 
     resolution on the budget and the Congressional Budget Act of 
     1974, no amounts realized from the sale of an asset shall be 
     scored with respect to the level of budget authority, 
     outlays, or revenues if such sale would cause an increase in 
     the deficit as calculated pursuant to paragraph (2).
       (2) Calculation of net present value.--The deficit estimate 
     of an asset sale shall be the net present value of the cash 
     flow from--
       (A) proceeds from the asset sale;
       (B) future receipts that would be expected from continued 
     ownership of the asset by the Government; and
       (C) expected future spending by the Government at a level 
     necessary to continue to operate and maintain the asset to 
     generate the receipts estimated pursuant to subparagraph (B).
       (b) Definition.--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.
       (c) Treatment of Loan Assets.--For the 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.
       (d) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.

     SEC. 303. ENVIRONMENTAL RESERVE FUND.

       (a) Committee Allocations.--In the House, after the 
     Committee on Commerce and the Committee on Transportation and 
     Infrastructure report a bill (or a conference report thereon 
     is filed) to reform the Superfund program to facilitate the 
     cleanup of hazardous waste sites, the chairman of the 
     Committee on the Budget shall submit revised allocations and 
     budget aggregates to carry out this section by an amount not 
     to exceed the excess subject to the limitation. These 
     revisions shall be considered for purposes of the 
     Congressional Budget Act of 1974 as the allocations and 
     aggregates contained in this resolution.
       (b) Limitations.--The adjustments made under this section 
     shall not exceed--
       (1) $200 million in budget authority for fiscal year 1998 
     and the estimated outlays flowing therefrom.
       (2) $200 million in budget authority for fiscal year 2002 
     and the estimated outlays flowing therefrom.
       (3) $1 billion in budget authority for the period of fiscal 
     years 1998 through 2002 and the estimated outlays flowing 
     therefrom.
       (c) Readjustments.--In the House, any adjustments made 
     under this section for any appropriation measure may be 
     readjusted if that measure is not enacted into law.

     SEC. 304. SEPARATE ALLOCATION FOR LAND ACQUISITIONS AND 
                   EXCHANGES.

       (a) Allocation by Chairman.--In the House, upon the 
     reporting of a bill by the Committee on Appropriations (or 
     upon the filing of a conference report thereon) providing up 
     to $165 million in outlays for Federal land acquisitions and 
     to finalize priority Federal land exchanges for fiscal year 
     1998 (assuming $700 million in outlays over 5 fiscal years), 
     the chairman of the Committee on the Budget shall allocate 
     that amount of outlays and the corresponding amount of 
     budget authority.
       (b) Treatment of Allocations in the House.--In the House, 
     for purposes of the Congressional Budget Act of 1974, 
     allocations made under subsection (a) shall be deemed to be 
     made pursuant to section 602(a)(1) of that Act and shall be 
     deemed to be a separate suballocation for purposes of the 
     application of section 302(f) of that Act as modified by 
     section 602(c) of that Act.
                 TITLE IV--SENSE OF CONGRESS PROVISIONS

     SEC. 401. SENSE OF CONGRESS ON BASELINES.

       (a) Findings.--The 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 portrayed 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 and executive accountability for 
     Federal spending.

     SEC. 402. SENSE OF CONGRESS ON REPAYMENT OF THE FEDERAL DEBT.

       (a) Findings.--The Congress finds that:
       (1) The Congress and the President have a basic moral and 
     ethical responsibility to future generations to repay the 
     Federal debt, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The Congress and the President should enact a law which 
     creates a regimen for paying off the Federal debt within 30 
     years.
       (b) Sense of Congress Regarding President's Submission to 
     Congress.--It is the sense of Congress that:
       (1) The President's annual budget submission to Congress 
     should include a plan for repayment of Federal debt beyond 
     the year 2002, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The plan should specifically explain how the President 
     would cap spending growth at a level one percentage point 
     lower than projected growth in revenues.
       (3) If spending growth were held to a level one percentage 
     point lower than projected growth in revenues, then the 
     Federal debt could be repaid within 30 years.

     SEC. 403. SENSE OF CONGRESS ON COMMISSION ON LONG-TERM 
                   BUDGETARY PROBLEMS.

       (a) Findings.--The Congress finds that--
       (1) achieving a balanced budget by fiscal year 2002 is only 
     the first step necessary to restore our Nation's economic 
     prosperity;
       (2) the imminent retirement of the baby-boom generation 
     will greatly increase the demand for government services;

[[Page H2919]]

       (3) this burden will be borne by a relatively smaller work 
     force resulting in an unprecedented intergenerational 
     transfer of financial resources;
       (4) the rising demand for retirement and medical benefits 
     will quickly jeopardize the solvency of the medicare, social 
     security, and Federal retirement trust funds; and
       (5) the Congressional Budget Office has estimated that 
     marginal tax rates would have to increase by 50 percent over 
     the next 5 years to cover the long-term projected costs of 
     retirement and health benefits.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to create a commission to 
     assess long-term budgetary problems, their implications for 
     both the baby-boom generation and tomorrow's workforce, and 
     make such recommendations as it deems appropriate to ensure 
     our Nation's future prosperity.

     SEC. 404. SENSE OF CONGRESS ON CORPORATE WELFARE.

       (a) Findings.--The Congress finds that the functional 
     levels and aggregates in this budget resolution assume that--
       (1) the Federal Government supports profit-making 
     enterprises and industries through billions of dollars in 
     payments, benefits, and programs;
       (2) many of these subsidies do not serve a clear and 
     compelling public interest;
       (3) corporate subsidies frequently provide unfair 
     competitive advantages to certain industries and industry 
     segments; and
       (4) 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.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to--
       (1) eliminate the most egregious corporate subsidies; and
       (2) create a commission to recommend the elimination of 
     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, 
     and include a fast-track process for the consideration of 
     those recommendations.

     SEC. 405. SENSE OF THE CONGRESS REGARDING BALANCED BUDGET 
                   ENFORCEMENT

       It is the sense of Congress that reconciliation legislation 
     considered pursuant to this legislation must include 
     enforcement procedures to ensure that the Budget of the 
     United States Government does reach balance by 2002 and 
     remain in balance thereafter. Such language should include 
     all portions of the budget and apply such enforcement 
     proportionally to the specific parts of the budget that 
     caused the deficit to exceed the levels provided for in this 
     resolution in any year. Enforcement procedures should contain 
     flexibility to allow adjustments for changes resulting from 
     economic downturns.

                            H. Con. Res. 84

                          Offered By Mr. Riggs

               (Amendment in the Nature of a Substitute)

       Amendment No. 10: Strike all after the resolving clause and 
     insert the following:

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 1998.

       The Congress declares that the concurrent resolution on the 
     budget for fiscal year 1998 is hereby established and that 
     the appropriate budgetary levels for fiscal years 1999 
     through 2002 are hereby set forth.
                      TITLE I--LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for the 
     fiscal years 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 1998: $1,198,979,000,000.
       Fiscal year 1999: $1,241,859,000,000.
       Fiscal year 2000: $1,285,559,000,000.
       Fiscal year 2001: $1,343,591,000,000.
       Fiscal year 2002: $1,407,564,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 1998: -$7,400,000,000.
       Fiscal year 1999: -$11,083,000,000.
       Fiscal year 2000: -$21,969,,000,000.
       Fiscal year 2001: -$22,821,000,000.
       Fiscal year 2002: -$19,871,000,000.
       (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 1998: $1,386,875,000,000.
       Fiscal year 1999: $1,439,798,000,000.
       Fiscal year 2000: $1,486,311,000,000.
       Fiscal year 2001: $1,520,242,,000,000.
       Fiscal year 2002: $1,551,563,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 1998: $1,371,848,000,000.
       Fiscal year 1999: $1,424,002,000,000.
       Fiscal year 2000: $1.468,748,000,000.
       Fiscal year 2001: $1,500,854,000,000.
       Fiscal year 2002: $1,516,024,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 1998: $172,869,000,000.
       Fiscal year 1999: $182,143,000,000.
       Fiscal year 2000: $183,189,000,000.
       Fiscal year 2001: $157,263,000,000.
       Fiscal year 2002: $108,460,000,000.
       (5) Public debt.--The appropriate levels of the public debt 
     are as follows:
       Fiscal year 1998: $5,593,500,000,000.
       Fiscal year 1999: $5,836,000,000,000.
       Fiscal year 2000: $6,082,400,000,000.
       Fiscal year 2001: $6,031,100,000,000.
       Fiscal year 2002: $6,473,200,000,000.
       (6) Direct Loan Obligations.--The appropriate levels of 
     total new direct loan obligations are as follows:
       Fiscal year 1998: $33,829,000,000.
       Fiscal year 1999: $33,378,000,000.
       Fiscal year 2000: $34,775,000,000.
       Fiscal year 2001: $36,039,000,000.
       Fiscal year 2002: $37,099,000,000.
       (7) Primary Loan Guarantee Commitments.--The appropriate 
     levels of new primary loan guarantee commitments are as 
     follows:
       Fiscal year 1998: $315,472,000,000.
       Fiscal year 1999: $324,749,000,000.
       Fiscal year 2000: $328,124,000,000.
       Fiscal year 2001: $332,063,000,000.
       Fiscal year 2002: $335,141,000,000.

     SEC. 102. 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 1998 through 2002 for each major functional 
     category are:
       (1) National Defense (050):
       Fiscal year 1998:
       (A) New budget authority, $268,200,000,000.
       (B) Outlays, $263,000,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $588,000,000.
       Fiscal year 1999:
       (A) New budget authority, $270,800,000,000.
       (B) Outlays, $266,300,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $757,000,000.
       Fiscal year 2000:
       (A) New budget authority, $273,400,000,000.
       (B) Outlays, $270,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2001:
       (A) New budget authority, $276,200,000,000.
       (B) Outlays, $269,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       Fiscal year 2002:
       (A) New budget authority, $279,000,000,000.
       (B) Outlays, $269,100,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $1,050,000,000.
       (2) International Affairs (150):
       Fiscal year 1998:
       (A) New budget authority, $15,909,000,000.
       (B) Outlays, $14,558,000,000.
       (C) New direct loan obligations, $1,966,000.
       (D) New primary loan guarantee commitments $12,751,000,000.
       Fiscal year 1999:
       (A) New budget authority, $14,918,000,000.
       (B) Outlays, $14,569,000,000.
       (C) New direct loan obligations, $2,021,000,000.
       (D) New primary loan guarantee commitments $13,093,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,782,000,000.
       (B) Outlays, $14,981,000,000.
       (C) New direct loan obligations, $2,077,000,000.
       (D) New primary loan guarantee commitments $13,434,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,114,000,000.
       (B) Outlays, $14,751,000,000.
       (C) New direct loan obligations, $2,122,000,000.
       (D) New primary loan guarantee commitments $13,826,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,353,000,000.
       (B) Outlays, $14,812,000,000.
       (C) New direct loan obligations, $2,178,000,000.
       (D) New primary loan guarantee commitments $14,217,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 1998:
       (A) New budget authority, $16,237,000,000.
       (B) Outlays, $16,882,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $16,203,000,000.
       (B) Outlays, $16,528,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $15,947,000,000.
       (B) Outlays, $16,013,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $15,800,000,000.
       (B) Outlays, $15,862,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $15,604,000,000.
       (B) Outlays, $15,668,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (4) Energy (270):
       Fiscal year 1998:
       (A) New budget authority, $3,123,000,000.

[[Page H2920]]

       (B) Outlays, $2,247,000,000.
       (C) New direct loan obligations, $1,050,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $3,469,000,000.
       (B) Outlays, $2,446,000,000.
       (C) New direct loan obligations, $1,078,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $3,186,000,000.
       (B) Outlays, $2,293,000,000.
       (C) New direct loan obligations, $1,109,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $2,939,000,000.
       (B) Outlays, $2,048,000,000.
       (C) New direct loan obligations, $1,141,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $2,846,000,000.
       (B) Outlays, $1,867,000,000.
       (C) New direct loan obligations, $1,174,000,000.
       (D) New primary loan guarantee commitments $0.
       (5) Natural Resources and Environment (300):
       Fiscal year 1998:
       (A) New budget authority, $23,877,000,000.
       (B) Outlays, $22,405,000,000.
       (C) New direct loan obligations, $30,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $23,227,000,000.
       (B) Outlays, $22,702,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $22,570,000,000.
       (B) Outlays, $22,963,000,000.
       (C) New direct loan obligations, $32,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $22,151,000,000.
       (B) Outlays, $22,720,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $22,086,000,000.
       (B) Outlays, $22,313,000,000.
       (C) New direct loan obligations, $34,000,000.
       (D) New primary loan guarantee commitments $0.
       (6) Agriculture (350):
       Fiscal year 1998:
       (A) New budget authority, $13,133,000,000.
       (B) Outlays, $11,892,000,000.
       (C) New direct loan obligations, $9,620,000,000.
       (D) New primary loan guarantee commitments $6,365,000,000.
       Fiscal year 1999:
       (A) New budget authority, $12,790,000,000.
       (B) Outlays, $11,294,000,000.
       (C) New direct loan obligations, $11,047,000,000.
       (D) New primary loan guarantee commitments $6,436,000,000.
       Fiscal year 2000:
       (A) New budget authority, $12,215,000,000.
       (B) Outlays, $10,664,000,000.
       (C) New direct loan obligations, $11,071,000,000.
       (D) New primary loan guarantee commitments $6,509,000,000.
       Fiscal year 2001:
       (A) New budget authority, $10,978,000,000.
       (B) Outlays, $9,494,000,000.
       (C) New direct loan obligations, $10,960,000,000.
       (D) New primary loan guarantee commitments $6,583,000,000.
       Fiscal year 2002:
       (A) New budget authority, $10,670,000,000.
       (B) Outlays, $9,108,000,000.
       (C) New direct loan obligations, $10,965,000,000.
       (D) New primary loan guarantee commitments $6,660,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 1998:
       (A) New budget authority, $6,607,000,000.
       (B) Outlays, -$920,000,000.
       (C) New direct loan obligations, $4,739,000,000.
       (D) New primary loan guarantee commitments 
     $245,500,000,000.
       Fiscal year 1999:
       (A) New budget authority, $11,082,000,000.
       (B) Outlays, $4,299,000,000.
       (C) New direct loan obligations, $1,887,000,000.
       (D) New primary loan guarantee commitments 
     $253,450,000,000.
       Fiscal year 2000:
       (A) New budget authority, $15,183,000,000.
       (B) Outlays, $9,821,000,000.
       (C) New direct loan obligations, $2,238,000,000.
       (D) New primary loan guarantee commitments 
     $255,200,000,000.
       Fiscal year 2001:
       (A) New budget authority, $16,078,000,000.
       (B) Outlays, $12,133,000,000.
       (C) New direct loan obligations, $2,574,000,000.
       (D) New primary loan guarantee commitments 
     $257,989,000,000.
       Fiscal year 2002:
       (A) New budget authority, $16,678,000,000.
       (B) Outlays, $12,541,000,000.
       (C) New direct loan obligations, $2,680,000,000.
       (D) New primary loan guarantee commitments 
     $259,897,000,000.
       (8) Transportation (400):
       Fiscal year 1998:
       (A) New budget authority, $46,402,000,000.
       (B) Outlays, $40,933,000,000.
       (C) New direct loan obligations, $155,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $46,556,000,000.
       (B) Outlays, $41,256,000,000.
       (C) New direct loan obligations, $135,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $47,114,000,000.
       (B) Outlays, $41,357,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $48,135,000,000.
       (B) Outlays, $41,303,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $49,184,000.000.
       (B) Outlays, $41,247,000,000.
       (C) New direct loan obligations, $15,000,000.
       (D) New primary loan guarantee commitments, $0.
       (9) Community and Regional Development (450):
       Fiscal year 1998:
       (A) New budget authority, $8,768,000,000.
       (B) Outlays, $10,387,000,000.
       (C) New direct loan obligations, $2,867,000,000.
       (D) New primary loan guarantee commitments, $2,385,000,000.
       Fiscal year 1999:
       (A) New budget authority, $8,489,000,000.
       (B) Outlays, $10,902,000,000.
       (C) New direct loan obligations, $2,943,000,000.
       (D) New primary loan guarantee commitments, $2,406,000,000.
       Fiscal year 2000:
       (A) New budget authority, $7,810,000,000.
       (B) Outlays, $10,986,000,000.
       (C) New direct loan obligations, $3,020,000,000.
       (D) New primary loan guarantee commitments, $2,429,000,000.
       Fiscal year 2001:
       (A) New budget authority, $7,764,000,000.
       (B) Outlays, $11,350,000,000.
       (C) New direct loan obligations, $3,098,000,000.
       (D) New primary loan guarantee commitments, 
     $42,452,000,000.
       Fiscal year 2002:
       (A) New budget authority, $7,790,000,000.
       (B) outlays, $8,429,000,000.
       (C) New direct loan obligations, $3,180,000,000.
       (D) New primary loan guarantee commitments, $2,475,000,000.
       (10) Education, Training, Employment and Social Services 
     (500):
       Fiscal year 1998:
       (A) New budget authority, $60,000,000,000.
       (B) Outlays, $59,100,000,000.
       (C) New direct loan obligations, $12,328,000,000.
       (D) New primary loan guarantee commitments, 
     $20,665,000,000.
       Fiscal year 1999:
       (A) New budget authority, $60,500,000,000.
       (B) Outlays, $58,800,000,000.
       (C) New direct loan obligations, $13,092,000,000.
       (D) New primary loan guarantee commitments, 
     $21,899,000,000.
       Fiscal year 2000:
       (A) New budget authority, $63,100,000,000.
       (B) Outlays, $59,000,000,000.
       (C) New direct loan obligations, $13,926,000,000.
       (D) New primary loan guarantee commitments, 
     $23,263,000,000.
       Fiscal year 2001:
       (A) New budget authority, $68,100,000,000.
       (B) Outlays, $62,900,000,000.
       (C) New direct loan obligations, $14,701,000,000.
       (D) New primary loan guarantee commitments, 
     $24,517,000,000.
       Fiscal year 2002:
       (A) New budget authority, $73,400,000,000.
       (B) Outlays, $65,800,000,000.
       (C) New direct loan obligations, $15,426,000,000.
       (D) New primary loan guarantee commitments, 
     $25,676,000,000.
       (11) Health (550):
       Fiscal year 1998:
       (A) New budget authority, $137,799,000,000.
       (B) Outlays, $137,767,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $85,000,000.
       Fiscal year 1999:
       (A) New budget authority, $144,968,000,000.
       (B) Outlays, $144,944,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $154,068,000,000.
       (B) Outlays, $153,947,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.

[[Page H2921]]

       Fiscal year 2001:
       (A) New budget authority, $163,412,000,000.
       (B) Outlays, $163,135,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal Year 2002:
       (A) New budget authority, $172,171,000,000.
       (B) Outlays, $171,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (12) Medicare (570):
       Fiscal Year 1998:
       (A) New budget authority, $210,620,000,000.
       (B) Outlays, $201,764,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal Year 1999:
       (A) New budget authority, $212,073,000,000.
       (B) Outlays, $211,548,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal Year 2000:
       (A) New budget authority, $225,540,000,000.
       (B) Outlays, $225,537,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal Year 2001:
       (A) New budget authority, $239,636,000,000.
       (B) Outlays, $238,781,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal Year 2002:
       (A) New budget authority, $251,548,000,000.
       (B) Outlays, $250,769,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (13) Income Security (600):
       Fiscal Year 1998:
       (A) New budget authority, $239,032,000,000.
       (B) Outlays, $247,758,000,000.
       (C) New direct loan obligations, $45,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal Year 1999:
       (A) New budget authority, $254,090,000,000.
       (B) Outlays, $258,064,000,000.
       (C) New direct loan obligations, $75,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal Year 2000:
       (A) New budget authority, $269,566,000,000.
       (B) Outlays, $268,161,000,000.
       (C) New direct loan obligations, $110,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal Year 2001:
       (A) New budget authority, $275,145,000,000.
       (B) Outlays, $277,264,000,000.
       (C) New direct loan obligations, $145,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       Fiscal year 2002:
       (A) New budget authority, $286,945,000,000.
       (B) Outlays, $285,239,000,000.
       (C) New direct loan obligations, $170,000,000.
       (D) New primary loan guarantee commitments $37,000,000.
       (14) Social Security (650):
       Fiscal year 1998:
       (A) New budget authority, $11,424,000,000.
       (B) Outlays, $11,524,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $12,060,000,000.
       (B) Outlays, $12,196,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $12,792,000,000.
       (B) Outlays, $12,866,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $13,022,000,000.
       (B) Outlays, $13,043,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $14,383,000.
       (B) Outlays, $14,398,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Veterans Benefits and Services (700):
       Fiscal year 1998:
       (A) New budget authority, $40,545,000,000.
       (B) Outlays, $41,337,000,000.
       (C) New direct loan obligations, $1,029,000,000.
       (D) New primary loan guarantee commitments $27,096,000,000.
       Fiscal year 1999:
       (A) New budget authority, $41,466,000,000.
       (B) Outlays, $41,700,000,000.
       (C) New direct loan obligations, $1,068,000,000.
       (D) New primary loan guarantee commitments $26,671,000,000.
       Fiscal year 2000:
       (A) New budget authority, $41,740,000,000.
       (B) Outlays, $41,908,000,000.
       (C) New direct loan obligations, $1,177,000,000.
       (D) New primary loan guarantee commitments $26,202,000,000.
       Fiscal year 2001:
       (A) New budget authority, $42,093,000,000.
       (B) Outlays, $42,215,000,000.
       (C) New direct loan obligations, $1,249,000,000.
       (D) New primary loan guarantee commitments $25,609,000,000.
       Fiscal year 2002:
       (A) New budget authority, $42,282,000,000.
       (B) Outlays, $42,436,000,000.
       (C) New direct loan obligations, $1,277,000,000.
       (D) New primary loan guarantee commitments $25,129,000,000.
       (16) Administration of Justice (750):
       Fiscal year 1998:
       (A) New budget authority, $24,765,000,000.
       (B) Outlays, $22,609,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $25,120,000,000.
       (B) Outlays, $24,476,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $24,178,000,000.
       (B) Outlays, $25,240,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2001:
       (A) New budget authority, $24,354,000,000.
       (B) Outlays, $25,901,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2002:
       (A) New budget authority, $24,883,000,000.
       (B) Outlays, $24,879,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (17) General Government (800):
       Fiscal year 1998:
       (A) New budget authority, $14,711,000,000.
       (B) Outlays, $13,959,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, $14,444,000,000.
       (B) Outlays, $14,363,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 2000:
       (A) New budget authority, $13,977,000,000.
       (B) Outlays, $14,727,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $13,675,000,000.
       (B) Outlays, $14,131,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $13,105,000,000.
       (B) Outlays, $13,100,000,000.
       (C) New direct loan obligations, $0
       (D) New primary loan guarantee commitments, $0
       (18) Net Interest (900):
       Fiscal year 1998:
       (A) New budget authority, $296,547,000,000.
       (B) Outlays, $296,547,000,000.
       (C) New direct loan obligations, $0
       (D) New primary loan guarantee commitments, $0
       Fiscal year 1999:
       (A) New budget authority, $304,558,000,000.
       (B) Outlays, $304,558,000,000.
       (C) New direct loan obligations, $0
       (D) New primary loan guarantee commitments, $0
       Fiscal year 2000:
       (A) New budget authority, $305,075,000,000.
       (B) Outlays, $305,075,000,000.
       (C) New direct loan obligations, $0
       (D) New primary loan guarantee commitments, $0
       Fiscal year 2001:
       (A) New budget authority, $303,833,000,000.
       (B) Outlays, $303,833,000,000.
       (C) New direct loan obligations, $0
       (D) New primary loan guarantee commitments, $0
       Fiscal year 2002:
       (A) New budget authority, $303,728,000,000.
       (B) Outlays, $303,728,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       (19) Allowances (920):
       Fiscal year 1998:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 1999:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, $0.
       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, $0.

[[Page H2922]]

       (B) Outlays, $0.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 1998:
       (A) New budget authority, -$41,841,000,000.
       (B) Outlays, -$41,841,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments $0.
       Fiscal year 1999:
       (A) New budget authority, -$36,949,000,000.
       (B) Outlays, -$36,949,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2000:
       (A) New budget authority, -$36,937,000,000.
       (B) Outlays, -$36,937,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2001:
       (A) New budget authority, -$39,151,000,000.
       (B) Outlays, -$39,151,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
       Fiscal year 2002:
       (A) New budget authority, -$51,124,000,000.
       (B) Outlays, -$51,124,000,000.
       (C) New direct loan obligations, $0.
       (D) New primary loan guarantee commitments, $0.
                 TITLE II--RECONCILIATION INSTRUCTIONS

     SEC. 201. RECONCILIATION.

       (a) Purpose.--The purpose of this section is to provide for 
     two separate reconciliation bills: the first for entitlement 
     reforms and the second for tax relief. In the event Senate 
     procedures preclude the consideration of two separate bills, 
     this section would permit the consideration of one omnibus 
     reconciliation bill.
       (b) Submissions.--
       (1) Entitlement reforms.--Not later than June 12, 1997, the 
     House committees named in subsection (c) shall submit their 
     recommendations to the House Committee on the Budget. After 
     receiving those recommendations, the House Committee on the 
     Budget shall report to the House a reconciliation bill 
     carrying out all such recommendations without any substantive 
     revision.
       (2) Tax relief and miscellaneous reforms.--Not later than 
     June 13, 1997, the House committees named in subsection (d) 
     shall submit their recommendations to the House Committee on 
     the Budget. After receiving those recommendations, the House 
     Committee on the Budget shall report to the House a 
     reconciliation bill carrying out all such recommendations 
     without any substantive revision.
       (c) Instructions Relating to Entitlement 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: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: -$8,435,000,000 in outlays 
     for fiscal year 1998, -$5,091,000,000 in outlays for fiscal 
     year 2002, and -$50,306,000,000 in outlays in fiscal years 
     1998 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: $393,533,000,000 
     in outlays for fiscal year 1998, $506,791,000,000 in outlays 
     for fiscal year 2002, and $2,617,528,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,222,000,000 in outlays for 
     fiscal year 1998, $17,673,000,000 in outlays for fiscal year 
     2002, and $103,109,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $0 in fiscal year 1998, 
     $621,000,000 in fiscal year 2002, and $1,829,000,000 in 
     fiscal years 1998 through 2002.
       (6) 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: $18,087,000,000 in 
     outlays for fiscal year 1998, $17,283,000,000 in outlays for 
     fiscal year 2002, and $106,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,563,000,000 in outlays for fiscal year 2002, and 
     $139,134,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and Means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,546,000,000 in outlays 
     for fiscal year 1998, $506,442,000,000 in outlays for fiscal 
     year 2002, and $2,621,578,000,000 in outlays in fiscal years 
     1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,176,253,000,000 in revenues for fiscal year 1998, 
     $1,386,546,000,000 in revenues for fiscal year 2002, and 
     $7,517,939,000,000 in revenues in fiscal years 1998 
     through 2002.
       (d) Instructions Relating to Tax Relief and Miscellaneous 
     Reforms.--
       (1) Committee on agriculture.--The House Committee on 
     Agriculture shall report changes in law within its 
     jurisdiction that provide direct spending such that the total 
     level of direct spending for that committee does not exceed: 
     $34,571,000,000 in outlays for fiscal year 1998, 
     $37,008,000,000 in outlays for fiscal year 2002, and 
     $211,443,000,000 in outlays in fiscal years 1998 through 
     2002.
       (2) Committee on banking and financial services.--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: -$8,435,000,000 in outlays 
     for fiscal year 1998, -$5,091,000,000 in outlays for fiscal 
     year 2002, and -$50,306,000,000 in outlays in fiscal year 
     1998 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: $393,533,000,000 
     in outlays for fiscal year 1998, $506,791,000,000 in outlays 
     for fiscal year 2002, and $2,617,528,000 in outlays in fiscal 
     years 1998 through 2002.
       (4) Committee on education and the workforce.--The House 
     Committee on Education and the Workforce 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: $17,222,000,000 in outlays for 
     fiscal year 1998, $17,673,000,000 in outlays for fiscal year 
     2002, and $13,109,000,000 in outlays in fiscal years 1998 
     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: $68,975,000,000 in 
     outlays for fiscal year 1998, $81,896,000,000 in outlays for 
     fiscal year 2002, and $443,061,000,000 in outlays in fiscal 
     years 1998 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: $0 in fiscal year 1998, 
     $621,000,000 in outlays for fiscal year 2002, and 
     $1,829,000,000 in fiscal years 1998 through 2002.
       (6) 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: $18,087,000,000 in 
     outlays for fiscal year 1998, $17,283,000,000 in ouutlays for 
     fiscal year 2002, and $106,615,000,000 in outlays in fiscal 
     years 1998 through 2002.
       (7) 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: 
     $22,444,000,000 in outlays for fiscal year 1998, 
     $24,563,000,000 in outlays for fiscal year 2002, and 
     $139,134,000,000 in outlays in fiscal years 1998 through 
     2002.
       (8) Committee on ways and means.--(A) The House Committee 
     on Ways and means shall report changes in laws within its 
     jurisdiction such that the total level of direct spending for 
     that committee does not exceed: $397,546,000,000 in 
     outlays for fiscal year 1998, $506,442,000,000 in outlays 
     for fiscal year 2002, and $2,621,578,000,000 in outlays in 
     fiscal years 1998 through 2002.
       (B) The House Committee on Ways and Means shall report 
     changes in laws within its jurisdiction such that the total 
     level of revenues for that committee is not less than: 
     $1,168,853,000,000 in revenues for fiscal year 1998, 
     $1,366,046,000,000 in revenues for fiscal year 2002, and 
     $7,432,939,000,000 in revenues in fiscal years 1998 through 
     2002.
       (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.
       (f) Children's Health Initiative.--If the Committees on 
     Commerce and Ways and Means report recommendations pursuant 
     to their reconciliation instructions that, combined, provide 
     an initiative for children's health that would increase the 
     deficit by more than $2.3 billion for fiscal year 1998, by

[[Page H2923]]

     more than $3.9 billion for fiscal year 2002, and by more than 
     $16 billion for the period of fiscal years 1998 through 2002, 
     the committees shall be deemed to not have complied with 
     their reconciliation instructions pursuant to section 310(d) 
     of the Congressional Budget Act of 1974.

                     TITLE III--BUDGET ENFORCEMENT

     SEC. 301. DEFICIT-NEUTRAL RESERVE FUND FOR SURFACE 
                   TRANSPORTATION.

       (a) Purpose.--The purpose of this section is to adjust the 
     appropriate budgetary levels to accommodate legislation 
     increasing spending from the highway trust fund on surface 
     transportation and highway safety above the levels assumed in 
     this resolution if such legislation is deficit neutral.
       (b) Deficit Neutrality Requirement.--(1) In order to 
     receive the adjustments specified in subsection (c), a bill 
     reported by the Committee on Transportation and 
     Infrastructure that provides new budget authority above the 
     levels assumed in this resolution for programs authorized out 
     of the highway trust fund must be deficit neutral.
       (2) A deficit-neutral bill must meet the following 
     conditions:
       (A) The amount of new budget authority provided for 
     programs authorized out of the highway trust fund must be in 
     excess of $25.949 billion in new budget authority for fiscal 
     year 1998, $25.464 billion in new budget authority for fiscal 
     year 2002, and $127.973 billion in new budget authority for 
     the period of fiscal years 1998 through 2002.
       (B) The outlays estimated to flow from the excess new 
     budget authority set forth in subparagraph (A) must be offset 
     for fiscal year 1998, fiscal year 2002, and for the period of 
     fiscal years 1998 through 2002. For the sole purpose of 
     estimating the amount of outlays flowing from excess new 
     budget authority under this section, it shall be assumed that 
     such excess new budget authority would have an obligation 
     limitation sufficient to accommodate that new budget 
     authority.
       (C) The outlays estimated to flow from the excess new 
     budget authority must be offset by (i) other direct spending 
     or revenue provisions within that transportation bill, (ii) 
     the net reduction in other direct spending and revenue 
     legislation that is enacted during this Congress after the 
     date of adoption of this resolution and before such 
     transportation bill is reported (in excess of the levels 
     assumed in this resolution), or (iii) a combination of the 
     offsets specified in clauses (i) and (ii).
       (D) As used in 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.
       (c) Revised Levels.--(1) When the Committee on 
     Transportation and Infrastructure reports a bill (or when a 
     conference report thereon is filed) meeting the conditions 
     set forth in subsection (b)(2), the chairman of the Committee 
     on the Budget shall increase the allocation of new budget 
     authority to that committee by the amount of new budget 
     authority provided in that bill (and that is above the levels 
     set forth in subsection (b)(2)(A)) for programs authorized 
     out of the highway trust fund.
       (2) After the enactment of the transportation bill 
     described in paragraph (1) and upon the reporting of a 
     general, supplemental or continuing resolution making 
     appropriations by the Committee on Appropriations (or upon 
     the filing of a conference report thereon) establishing an 
     obligation limitation above the levels specified in 
     subsection (b)(2)(A) (at a level sufficient to obligate some 
     or all of the budget authority specified in paragraph (1)), 
     the chairman of the Committee on the Budget shall increase 
     the allocation and aggregate levels of outlays to that 
     committee for fiscal years 1998 and 1999 by the appropriate 
     amount.
       (d) Revisions.--Allocations and aggregates revised pursuant 
     to this section shall be considered for purposes of the 
     Congressional Budget Act of 1974 as allocations and 
     aggregates contained in this resolution.
       (e) Reversals.--If any legislation referred to in this 
     section is not enacted into law, then the chairman of the 
     House Committee on the Budget shall, as soon as practicable, 
     reverse adjustments made under this section for such 
     legislation and have such adjustments published in the 
     Congressional Record.
       (f) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.
       (g) Definition.--As used in this section, the term 
     ``highway trust fund'' refers to the following budget 
     accounts (or any successor accounts):
       (1) 69-8083-0-7-401 (Federal-Aid Highways).
       (2) 69-8191-0-7-401 (Mass Transit Capital Fund).
       (3) 69-8350-0-7-401 (Mass Transit Formula Grants).
       (4) 69-8016-0-7-401 (National Highway Traffic Safety 
     Administration-Operations and Research).
       (5) 69-8020-0-7-401 (Highway Traffic Safety Grants).
       (6) 69-8048-0-7-401 (National Motor Carrier Safety 
     Program).

     SEC. 302. SALE OF GOVERNMENT ASSETS.

       (a) Budgetary Treatment.--
       (1) In general.--For the purpose of any concurrent 
     resolution on the budget and the Congressional Budget Act of 
     1974, no amounts realized from the sale of an asset shall be 
     scored with respect to the level of budget authority, 
     outlays, or revenues if such sale should cause an increase in 
     the deficit as calculated pursuant to paragraph (2).
       (2) Calculation of net present value.--The deficit estimate 
     of an asset sale shall be the net present value of the cash 
     flow from--
       (A) proceeds from the asset sale;
       (B) future receipts that would be expected from continued 
     ownership of the asset by the Government; and
       (C) expected future spending by the Government at a level 
     necessary to continue to operate and maintain the asset to 
     generate the receipts estimated pursuant to subparagraph (B).
       (b) Definition.--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.
       (c) Treatment of Loan Assets.--For the 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.
       (c) Determination of Budgetary Levels.--For the purposes of 
     this section, budgetary levels shall be determined on the 
     basis of estimates made by the House Committee on the Budget.

     SEC. 303. ENVIRONMENTAL RESERVE FUND.

       (a) Committee Allocations.--In the House, after the 
     Committee on Commerce and the Committee on Transportation and 
     Infrastructure report a bill (or a conference report thereon 
     is filed) to reform the Superfund program to facilitate the 
     cleanup of hazardous waste sites, the chairman of the 
     Committee on the Budget shall submit revised allocations and 
     budget aggregates to carry out this section by an amount not 
     to exceed the excess subject to the limitation. These 
     revisions shall be considered for purposes of the 
     Congressional Budget Act of 1974 as the allocations and 
     aggregates contained in this resolution.
       (b) Limitations.--The adjustments made under this section 
     shall not exceed:
       (1) $200 million in budget authority for fiscal year 1998 
     and the estimated outlays flowing therefrom.
       (2) $200 million in budget authority for fiscal year 2002 
     and the estimated outlays flowing therefrom.
       (3) $1 billion in budget authority for the period of fiscal 
     years 1998 through 2002 and the estimated outlays flowing 
     therefrom.
       (c) Readjustments.--In the House, any adjustments made 
     under this section for any appropriation measure may be 
     readjusted if that measure is not enacted into law.

     SEC. 304. SEPARATE ALLOCATION FOR LAND ACQUISITIONS AND 
                   EXCHANGES.

       (A) Allocation by Chairman.--In the House, upon the 
     reporting of a bill by the Committee on Appropriations (or 
     upon the filing of a conference report thereon) providing 
     $700 million in budget authority for fiscal year 1998 for 
     Federal land acquisitions and to finalize priority Federal 
     land exchanges, the chairman of the Committee on the Budget 
     shall allocate that amount of budget authority and the 
     corresponding amount of outlays.
       (b) Treatment of Allocations in the House.--In the House, 
     for purposes of the Congressional Budget Act of 1974, 
     allocations made under subsection (a) shall be deemed to be 
     made pursuant to section 602(a)(1) of that Act and shall be 
     deemed to be a separate suballocation for purposes of the 
     application of section 302(f) of that Act as modified by 
     section 602(c) of that Act.

                 TITLE IV--SENSE OF CONGRESS PROVISIONS

     SEC. 401. SENSE OF CONGRESS ON BASELINES.

       (A) Findings.--The 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 portrayed 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 and executive accountability 
     for Federal spending.

     SEC. 402. SENSE OF CONGRESS ON REPAYMENT OF THE FEDERAL DEBT.

       (a) Findings.--The Congress finds that:
       (1) The Congress and the President have a basic moral and 
     ethical responsibility to future generations to repay the 
     Federal debt, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The Congress and the President should enact a law which 
     creates a regimen for paying off the Federal debt within 30 
     years.
       (b) Sense of Congress Regarding President's Submission to 
     Congress.--It is the sense of Congress that:
       (1) The President's annual budget submission to Congress 
     should include a plan for repayment of Federal debt beyond 
     the year 2002, including the money borrowed from the Social 
     Security Trust Fund.
       (2) The plan should specifically explain how the President 
     would cap spending growth at a level one percentage point 
     lower than projected growth in revenues.

[[Page H2924]]

       (3) If spending growth were held to a level one percentage 
     point lower than projected growth in revenues, then the 
     Federal debt could be repaid within 30 years.

     SEC. 403. SENSE OF CONGRESS ON COMMISSION ON LONG-TERM 
                   BUDGETARY PROBLEMS.

       (a) Findings.--The Congress finds that--
       (1) achieving a balanced budget by fiscal year 2002 is only 
     the first step necessary to restore our Nation's economic 
     prosperity;
       (2) the imminent retirement of the baby-boom generation 
     will greatly increase the demand for government services;
       (3) this burden will be borne by a relatively smaller work 
     force resulting in an unprecedented intergenerational 
     transfer of financial resources;
       (4) the rising demand for retirement and medical benefits 
     will quickly jeopardize the solvency of the medicare, social 
     security, and Federal retirement trust funds; and
       (5) the Congressional Budget Office has estimated that 
     marginal tax rates would have to increase by 50 percent over 
     the next 5 years to cover the long-term projected costs of 
     retirement and health benefits.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to create a commission to 
     assess long-term budgetary problems, their implications for 
     both the baby-boom generation and tomorrow's workforce, and 
     make such recommendations as it deems appropriate to ensure 
     our Nation's future prosperity.

     SEC. 404. SENSE OF CONGRESS ON CORPORATE WELFARE.

       (a) Findings.--The Congress finds that the functional 
     levels and aggregates in this budget resolution assume that--
       (1) the Federal Government supports profit-making 
     enterprises and industries through billions of dollars in 
     payments, benefits, and programs;
       (2) many of these subsidies do not serve a clear and 
     compelling public interest;
       (3) corporate subsidies frequently provide unfair 
     competitive advantages to certain industries and industry 
     segments; and
       (4) 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.
       (b) Sense of Congress.--It is the sense of Congress that 
     legislation should be enacted to--
       (1) eliminate the most egregious corporate subsidies; and
       (2) create a commission to recommend the elimination of 
     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, 
     and include a fast.track process for the consideration of 
     those recommendations.

     SEC. 405. SENSE OF CONGRESS ON FAMILY VIOLENCE OPTION 
                   CLARIFYING AMENDMENT.

       (a) Findings.--The Congress finds that:
       (1) Domestic violence is the leading cause of physical 
     injury to women. The Department of Justice estimates that 
     over 1,000,000 violent crimes against women are committed by 
     intimate partners annually.
       (2) 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.
       (3) Domestic violence is often intensified as women seek to 
     gain economic independence through attending school or 
     training programs. Batterers have been reported to prevent 
     women from attending these programs or sabotage their efforts 
     at self-improvement.
       (4) Nationwide surveys of service providers prepared by the 
     Taylor Institute of Chicago, Illinois, document, for the 
     first time, the interrelationship between domestic violence 
     and welfare by showing that from 34 percent to 65 percent of 
     AFCDC recipients are current or past victims of domestic 
     violence.
       (5) Over half of the women surveyed 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 
     poor women's ability to leave abusive situations that 
     threaten them and their children.
       (6) The restructuring of 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.
       (7) In recognition of this finding, the House Committee on 
     the Budget unanimously passed a sense of Congress amendment 
     on domestic violence and Federal assistance to the fiscal 
     year 1997 budget resolution. Subsequently, Congress passed 
     the family violence option amendment to last year's welfare 
     reform reconciliation bill.
       (8) The family violence option gives States the flexibility 
     to grant temporary waivers from time limits and work 
     requirements for domestic violence victims who would suffer 
     extreme hardship from the application of these provisions. 
     These waivers were not intended to be included as part of the 
     permanent 20 percent hardship exemption.
       (9) The Department of Health and Human Services has been 
     slow to issue regulations regarding this provision. As a 
     result, States are hesitant to fully implement the family 
     violence option fearing it will interfere with the 20 percent 
     hardship exemption.
       (10) Currently 15 States have opted to include the family 
     violence option in their welfare plans, and 13 other States 
     have included some type of domestic violence provisions in 
     their plans.
       (b) Sense of Congress.--It is the sense of Congress that--
       (1) States should not be subject to any numerical limits in 
     granting domestic violence good cause waivers to individuals 
     receiving assistance for all requirements where compliance 
     with such requirements would make it more difficult for 
     individuals receiving assistance to escape domestic violence; 
     and
       (2) any individuals granted a domestic violence good cause 
     waiver by States should not be included in the States' 20 
     percent hardship exemption.

                            H. Con. Res. 84

                        Offered By: Mr. Shuster

       Amendment No. 11: At the end, add the following new title:
    TITLE V--TRANSPORTATION REVENUES USED SOLELY FOR TRANSPORTATION

     SEC. 501. READJUSTMENTS.

       (a) Increase in Function 400.--Levels of new budget 
     authority and outlays set forth in function 400 in section 
     102 shall be increased as follows:
       (1) for fiscal year 1998, by $0 in outlays and by $0 in new 
     budget authority;
       (2) for fiscal year 1999, by $770,000,000 in outlays and by 
     $3,600,000,000 in new budget authority;
       (3) for fiscal year 2000, by $2,575,000,000 in outlays and 
     by $4,796,000,000 in new budget authority;
       (4) for fiscal year 2001, by $3,765,000,000 in outlays and 
     by $5,363,000,000 in new budget authority; and
       (5) for fiscal year 2002, by $4,488,000,000 in outlays and 
     by $5,619,000,000 in new budget authority.
       (b) Offsets.--(1)(A) The total budget outlays for each 
     fiscal year set forth in each functional category in section 
     102 shall be reduced by an amount determined through a pro 
     rata reduction of discretionary outlays within each function 
     necessary to achieve the following outlay reductions:
       (i) for fiscal year 1998, by $0 in outlays;
       (ii) for fiscal year 1999, by $746,000,000 in outlays;
       (iii) for fiscal year 2000, by $2,422,000,000 in outlays;
       (iv) for fiscal year 2001, by $3,532,000,000 in outlays; 
     and
       (v) for fiscal year 2002, by $4,242,000,000 in outlays;
     and corresponding reductions in new budget authority shall be 
     made in each function consistent with such pro rata 
     reductions in outlays. Reductions in new budget authority 
     shall be made to section 101(2) consistent with this 
     subparagraph and subsection (a).
       (B) These reductions shall not be made to the mandatory 
     outlay portion of any function, including (but not limited 
     to) Medicare, Medicaid and Social Security. For purposes of 
     the application of this paragraph to function 400, the pro 
     rata share shall be determined by using the amounts provided 
     for function 400 prior to any adjustment made by subparagraph 
     (A).
       (2) The amounts by which the aggregate levels of Federal 
     revenues should be changed as set forth in section 101(1)(B) 
     are reduced as follows:
       (A) for fiscal year 1998, by $0;
       (B) for fiscal year 1999, by $24,000,000;
       (C) for fiscal year 2000, by $153,000,000;
       (D) for fiscal year 2001, by $233,000,000; and
       (E) for fiscal year 2002, by $246,000,000.
       (3) The amounts by which to appropriate levels of total 
     budget outlays in section 101(3) are increased as follows:
       (A) for fiscal year 1998, by $0;
       (B) for fiscal year 1999, by $24,000,000;
       (C) for fiscal year 2000, by $153,000,000;
       (D) for fiscal year 2001, by $233,000,000; and
       (E) for fiscal year 2002, by $246,000,000.
       (4) The reconciliation directives to the Committee on Ways 
     and Means in sections 201(c)(8)(B) and 201(d)(8)(B) shall be 
     adjusted accordingly.

     SEC. 502. HIGHWAY TRUST FUND ALLOCATIONS.

       (a) Allocated Amounts.--Of the amounts of outlays allocated 
     to the Committees on Appropriations of the House and Senate 
     by the joint explanatory statement accompanying this 
     resolution pursuant to sections 302 and 602 of the 
     Congressional Budget Act of 1974, the following amounts shall 
     be used for contract authority spending out of the Highway 
     Trust Fund--
       (1) for fiscal year 1998, $22,256,000,000 in outlays;
       (2) for fiscal year 1999, $24,063,000,000 in outlays;
       (3) for fiscal year 2000, $26,092,000,000 in outlays;
       (4) for fiscal year 2001, $27,400,000,000 in outlays; and
       (5) for fiscal year 2002, $28,344,000,000 in outlays.
       (b) Enforcement.--Determinations regarding points of order 
     made under section 302(f) or 602(c) of the Congressional 
     Budget Act of 1974 shall take into account subsection (a).

[[Page H2925]]

       (c) Statutory Implementation.--As part of reauthorizaton of 
     the Intermodal Surface Transportation Efficiency Act of 1991, 
     provisions shall be included to enact this section into 
     permanent law.

     SEC. 503. PRIORITY FOR RESTORATION OF CUTS.

       Any outlays that would have been allocated for surface 
     transportation pursuant to section 301 shall first be used to 
     restore any cuts to discretionay spending made as a result of 
     section 501. The chairman of the House Committee on the 
     Budget shall implement section 301 consistent with this 
     section.

     SEC. 504. MATHEMATICAL CONSISTENCY.

       The Chairman of the House Committee on the Budget may make 
     technical changes consistent with this title to ensure 
     mathematical consistency.