[Congressional Record Volume 157, Number 70 (Thursday, May 19, 2011)]
[Senate]
[Pages S3195-S3199]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




SENATE CONCURRENT RESOLUTION 20--SETTING FORTH THE CONGRESSIONAL BUDGET 
FOR THE UNITED STATES GOVERNMENT FOR FISCAL YEAR 2012 AND SETTING FORTH 
  THE APPROPRIATE BUDGETARY LEVELS FOR FISCAL YEARS 2013 THROUGH 2016

  Mr. PAUL submitted the following concurrent resolution; which was 
placed on the calendar:

                            S. Con. Res. 20

       Resolved by the Senate (the House of Representatives 
     concurring),

     SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
                   YEAR 2012.

       (a) Declaration.--Congress declares that this resolution is 
     the concurrent resolution on the budget for fiscal year 2012 
     and that this resolution sets forth the appropriate budgetary 
     levels for fiscal years 2013 through 2016.
       (b) Table of Contents.--The table of contents for this 
     concurrent resolution is as follows:

Sec. 1. Concurrent resolution on the budget for fiscal year 2012.

                TITLE I--RECOMMENDED LEVELS AND AMOUNTS

Sec. 101. Recommended levels and amounts.
Sec. 102. Social Security.
Sec. 103. Major functional categories.

                        TITLE II--RESERVE FUNDS

Sec. 201. Deficit-reduction reserve fund for the sale of unused or 
              vacant Federal properties.
Sec. 202. Deficit-reduction reserve fund for selling excess Federal 
              lands.
Sec. 203. Deficit-reduction reserve fund for the repeal of davis-bacon 
              prevailing wage laws.
Sec. 204. Deficit-reduction reserve fund for the reduction of 
              purchasing and maintaining Federal vehicles.
Sec. 205. Deficit-reduction reserve fund for the sale of financial 
              assets purchased through the troubled asset relief 
              program.

                       TITLE III--BUDGET PROCESS

                     Subtitle A--Budget Enforcement

Sec. 301. Discretionary spending limits for fiscal years 2012 through 
              2016 and other adjustments.
Sec. 302. Point of order against advance appropriations.
Sec. 303. Emergency legislation.
Sec. 304. Adjustments for the extension of certain current policies.

                      Subtitle B--Other Provisions

Sec. 311. Oversight of government performance.
Sec. 312. Application and effect of changes in allocations and 
              aggregates.
Sec. 313. Adjustments to reflect changes in concepts and definitions.
Sec. 314. Budgetary treatment of certain discretionary administrative 
              expenses.
Sec. 315. Exercise of rulemaking powers.

                        TITLE IV--RECONCILIATION

Sec. 401. Reconciliation in the Senate.

                   TITLE V--LONG-TERM POLICY CHANGES

Sec. 501. Policy statement on Social Security.
Sec. 502. Policy statement on medicare.
Sec. 503. Rescind unspent or unobligated balances after 36 months.

                TITLE I--RECOMMENDED LEVELS AND AMOUNTS

     SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

       The following budgetary levels are appropriate for each of 
     fiscal years 2012 through 2016:
       (1) Federal revenues.--For purposes of the enforcement of 
     this resolution:
       (A) The recommended levels of Federal revenues are as 
     follows:
       Fiscal year 2012: $1,887,000,000,000.
       Fiscal year 2013: $2,393,000,000,000.
       Fiscal year 2014: $2,713,000,000,000.
       Fiscal year 2015: $2,882,000,000,000.
       Fiscal year 2016: $3,072,000,000,000.
       (B) The amounts by which the aggregate levels of Federal 
     revenues should be changed are as follows:
       Fiscal year 2012: -$8,000,000,000.
       Fiscal year 2013: -$335,000,000,000.
       Fiscal year 2014: -$354,000,000,000.
       Fiscal year 2015: -$407,000,000,000.
       Fiscal year 2016: -$383,000,000,000.
       (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 2012: $121,837,000,000.
       Fiscal year 2013: $3,141,382,000,000.
       Fiscal year 2014: $3,220,465,000,000.
       Fiscal year 2015: $3,420,302,000,000.
       Fiscal year 2016: $3,480,625,000,000.
       (3) Budget outlays.--For purposes of the enforcement of 
     this resolution, the appropriate levels of total budget 
     outlays are as follows:
       Fiscal year 2012: $3,121,905,000,000.
       Fiscal year 2013: $3,141,404,000,000.
       Fiscal year 2014: $3,227,408,000,000.
       Fiscal year 2015: $3,359,695,000,000.
       Fiscal year 2016: $3,430,259,000,000.
       (4) Deficits.--For purposes of the enforcement of this 
     resolution, the amounts of the deficits are as follows:
       Fiscal year 2012: $574,000,000,000.
       Fiscal year 2013: $386,000,000,000.
       Fiscal year 2014: $139,000,000,000.
       Fiscal year 2015: $116,000,000,000.
       Fiscal year 2016: $19,000,000,000.
       (5) Public debt.--Pursuant to section 301(a)(5) of the 
     Congressional Budget Act of 1974, the appropriate levels of 
     the public debt are as follows:
       Fiscal year 2012: $15,842,000,000,000.
       Fiscal year 2013: $16,842,000,000,000.
       Fiscal year 2014: $16,902,000,000,000.
       Fiscal year 2015: $17,310,000,000,000.
       Fiscal year 2016: $17,583,000,000,000.
       (6) Debt held by the public.--The appropriate levels of 
     debt held by the public are as follows:
       Fiscal year 2012: $11,051,000,000,000.
       Fiscal year 2013: $11,532,000,000,000.
       Fiscal year 2014: $11,748,000,000,000.
       Fiscal year 2015: $11,942,000,000,000.
       Fiscal year 2016: $11,997,000,000,000.

     SEC. 102. SOCIAL SECURITY.

       (a) Social Security Revenues.--For purposes of Senate 
     enforcement under sections

[[Page S3196]]

     302 and 311 of the Congressional Budget Act of 1974, the 
     amounts of revenues of the Federal Old-Age and Survivors 
     Insurance Trust Fund and the Federal Disability Insurance 
     Trust Fund are as follows:
       Fiscal year 2012: $668,000,000,000.
       Fiscal year 2013: $732,000,000,000.
       Fiscal year 2014: $769,000,000,000.
       Fiscal year 2015: $811,000,000,000.
       Fiscal year 2016: $855,000,000,000.
       (b) Social Security Outlays.--For purposes of Senate 
     enforcement under sections 302 and 311 of the Congressional 
     Budget Act of 1974, the amounts of outlays of the Federal 
     Old-Age and Survivors Insurance Trust Fund and the Federal 
     Disability Insurance Trust Fund are as follows:
       Fiscal year 2012: $761,225,000,000.
       Fiscal year 2013: $799,376,000,000.
       Fiscal year 2014: $842,112,000,000.
       Fiscal year 2015: $888,722,000,000.
       Fiscal year 2016: $939,834,000,000.
       (c) Social Security Administrative Expenses.--In the 
     Senate, the amounts of new budget authority and budget 
     outlays of the Federal Old-Age and Survivors Insurance Trust 
     Fund and the Federal Disability Insurance Trust Fund for 
     administrative expenses are as follows:
       Fiscal year 2012:
       (A) New budget authority, $6,181,000,000.
       (B) Outlays, $6,130,000,000.
       Fiscal year 2013:
       (A) New budget authority, $6,486,000,000.
       (B) Outlays, $6,437,000,000.
       Fiscal year 2014:
       (A) New budget authority, $6,813,000,000.
       (B) Outlays, $6,759,000,000.
       Fiscal year 2015:
       (A) New budget authority, $7,148,000,000.
       (B) Outlays, $7,094,000,000.
       Fiscal year 2016:
       (A) New budget authority, $7,514,000,000.
       (B) Outlays, $7,455,000,000.

     SEC. 103. MAJOR FUNCTIONAL CATEGORIES.

       Congress determines and declares that the appropriate 
     levels of new budget authority and outlays for fiscal years 
     2012 through 2016 for each major functional category are:
       (1) National Defense (050):
       Fiscal year 2012:
       (A) New budget authority, $636,410,000,000.
       (B) Outlays, $641,844,000,000.
       Fiscal year 2013:
       (A) New budget authority, $573,332,000,000.
       (B) Outlays, $585,683,000,000.
       Fiscal year 2014:
       (A) New budget authority, $534,771,000,000.
       (B) Outlays, $554,697,000,000.
       Fiscal year 2015:
       (A) New budget authority, $546,422,000,000.
       (B) Outlays, $546,865,000,000.
       Fiscal year 2016:
       (A) New budget authority, $553,892,000,000.
       (B) Outlays, $548,400,000,000.
       (2) International Affairs (150):
       Fiscal year 2012:
       (A) New budget authority, $12,334,000,000.
       (B) Outlays, $22,285,000,000.
       Fiscal year 2013:
       (A) New budget authority, $9,657,000,000.
       (B) Outlays, $15,457,000,000.
       Fiscal year 2014:
       (A) New budget authority, $8,603,000,000.
       (B) Outlays, $13,457,000,000.
       Fiscal year 2015:
       (A) New budget authority, $9,083,000,000.
       (B) Outlays, $12,455,000,000.
       Fiscal year 2016:
       (A) New budget authority, $10,361,000,000.
       (B) Outlays, $12,951,000,000.
       (3) General Science, Space, and Technology (250):
       Fiscal year 2012:
       (A) New budget authority, $19,605,000,000.
       (B) Outlays, $19,471,000,000.
       Fiscal year 2013:
       (A) New budget authority, $19,923,000,000.
       (B) Outlays, $19,428,000,000.
       Fiscal year 2014:
       (A) New budget authority, $20,279,000,000.
       (B) Outlays, $19,875,000,000.
       Fiscal year 2015:
       (A) New budget authority, $20,682,000,000.
       (B) Outlays, $19,725,000,000.
       Fiscal year 2016:
       (A) New budget authority, $21,134,000,000.
       (B) Outlays, $19,140,000,000.
       (4) Energy (270):
       Fiscal year 2012:
       (A) New budget authority, $5,942,000,000.
       (B) Outlays, $6,094,000,000.
       Fiscal year 2013:
       (A) New budget authority, $4,686,000,000.
       (B) Outlays, $3,966,000,000.
       Fiscal year 2014:
       (A) New budget authority, $3,720,000,000.
       (B) Outlays, $2,951,000,000.
       Fiscal year 2015:
       (A) New budget authority, $2,327,000,000.
       (B) Outlays, $1,421,000,000.
       Fiscal year 2016:
       (A) New budget authority, $1,760,000,000.
       (B) Outlays, $893,000,000.
       (5) Natural Resources and Environment (300):
       Fiscal year 2012:
       (A) New budget authority, $24,276,000,000.
       (B) Outlays, $24,783,000,000.
       Fiscal year 2013:
       (A) New budget authority, $23,872,000,000.
       (B) Outlays, $23,860,000,000.
       Fiscal year 2014:
       (A) New budget authority, $24,452,000,000.
       (B) Outlays, $24,027,000,000.
       Fiscal year 2015:
       (A) New budget authority, $24,548,000,000.
       (B) Outlays, $22,826,000,000.
       Fiscal year 2016:
       (A) New budget authority, $25,269,000,000.
       (B) Outlays, $23,465,000,000.
       (6) Agriculture (350):
       Fiscal year 2012:
       (A) New budget authority, $14,120,000,000.
       (B) Outlays, $11,501,000,000.
       Fiscal year 2013:
       (A) New budget authority, $14,874,000,000.
       (B) Outlays, $15,703,000,000.
       Fiscal year 2014:
       (A) New budget authority, $15,404,000,000.
       (B) Outlays, $14,806,000,000.
       Fiscal year 2015:
       (A) New budget authority, $14,848,000,000.
       (B) Outlays, $13,846,000,000.
       Fiscal year 2016:
       (A) New budget authority, $15,109,000,000.
       (B) Outlays, $14,125,000,000.
       (7) Commerce and Housing Credit (370):
       Fiscal year 2012:
       (A) New budget authority, $21,582,000,000.
       (B) Outlays, $23,499,000,000.
       Fiscal year 2013:
       (A) New budget authority, $17,262,000,000.
       (B) Outlays, $13,611,000,000.
       Fiscal year 2014:
       (A) New budget authority, $14,921,000,000.
       (B) Outlays, $234,000,000.
       Fiscal year 2015:
       (A) New budget authority, $14,876,000,000.
       (B) Outlays, $350,000,000.
       Fiscal year 2016:
       (A) New budget authority, $14,918,000,000.
       (B) Outlays, $3,057,000,000.
       (8) Transportation (400):
       Fiscal year 2012:
       (A) New budget authority, $90,515,000,000.
       (B) Outlays, $84,481,000,000.
       Fiscal year 2013:
       (A) New budget authority, $79,729,000,000.
       (B) Outlays, $79,444,000,000.
       Fiscal year 2014:
       (A) New budget authority, $83,729,000,000.
       (B) Outlays, $77,589,000,000.
       Fiscal year 2015:
       (A) New budget authority, $83,529,000,000.
       (B) Outlays, $77,973,000,000.
       Fiscal year 2016:
       (A) New budget authority, $83,349,000,000.
       (B) Outlays, $77,882,000,000.
       (9) Community and Regional Development (450):
       Fiscal year 2012:
       (A) New budget authority, $12,089,000,000.
       (B) Outlays, $11,846,000,000.
       Fiscal year 2013:
       (A) New budget authority, $12,145,000,000.
       (B) Outlays, $12,664,000,000.
       Fiscal year 2014:
       (A) New budget authority, $12,328,000,000.
       (B) Outlays, $12,704,000,000.
       Fiscal year 2015:
       (A) New budget authority, $12,291,000,000.
       (B) Outlays, $11,257,000,000.
       Fiscal year 2016:
       (A) New budget authority, $12,952,000,000.
       (B) Outlays, $11,665,000,000.
       (10) Education, Training, Employment, and Social Services 
     (500):
       Fiscal year 2012:
       (A) New budget authority, $43,956,000,000.
       (B) Outlays, $53,666,000,000.
       Fiscal year 2013:
       (A) New budget authority, $44,928,000,000.
       (B) Outlays, $47,304,000,000.
       Fiscal year 2014:
       (A) New budget authority, $43,620,000,000.
       (B) Outlays, $43,723,000,000.
       Fiscal year 2015:
       (A) New budget authority, $43,852,000,000.
       (B) Outlays, $40,908,000,000.
       Fiscal year 2016:
       (A) New budget authority, $44,731,000,000.
       (B) Outlays, $41,328,000,000.
       (11) Health (550):
       Fiscal year 2012:
       (A) New budget authority, $324,266,000,000.
       (B) Outlays, $318,273,000,000.
       Fiscal year 2013:
       (A) New budget authority, $327,445,000,000.
       (B) Outlays, $317,497,000,000.
       Fiscal year 2014:
       (A) New budget authority, $308,851,000,000.
       (B) Outlays, $321,320,000,000.
       Fiscal year 2015:
       (A) New budget authority, $342,220,000,000.
       (B) Outlays, $325,147,000,000.
       Fiscal year 2016:
       (A) New budget authority, $328,851,000,000.
       (B) Outlays, $328,971,000,000.
       (12) Medicare (570):
       Fiscal year 2012:
       (A) New budget authority, $473,609,000,000.
       (B) Outlays, $473,556,000,000.
       Fiscal year 2013:
       (A) New budget authority, $522,624,000,000.
       (B) Outlays, $522,902,000,000.
       Fiscal year 2014:
       (A) New budget authority, $585,031,000,000.
       (B) Outlays, $584,986,000,000.
       Fiscal year 2015:
       (A) New budget authority, $620,383,000,000.
       (B) Outlays, $620,136,000,000.
       Fiscal year 2016:
       (A) New budget authority, $681,750,000,000.
       (B) Outlays, $682,111,000,000.
       (13) Income Security (600):
       Fiscal year 2012:
       (A) New budget authority, $362,036,000,000.
       (B) Outlays, $364,046,000,000.
       Fiscal year 2013:
       (A) New budget authority, $347,677,000,000.
       (B) Outlays, $347,144,000,000.
       Fiscal year 2014:
       (A) New budget authority, $349,970,000,000.
       (B) Outlays, $347,342,000,000.
       Fiscal year 2015:
       (A) New budget authority, $351,877,000,000.
       (B) Outlays, $347,489,000,000.
       Fiscal year 2016:
       (A) New budget authority, $359,279,000,000.
       (B) Outlays, $359,419,000,000.
       (14) Social Security (650):
       Fiscal year 2012:

[[Page S3197]]

       (A) New budget authority, $54,439,000,000.
       (B) Outlays, $54,624,000,000.
       Fiscal year 2013:
       (A) New budget authority, $29,096,000,000.
       (B) Outlays, $29,256,000,000.
       Fiscal year 2014:
       (A) New budget authority, $32,701,000,000.
       (B) Outlays, $32,776,000,000.
       Fiscal year 2015:
       (A) New budget authority, $36,261,000,000.
       (B) Outlays, $36,311,000,000.
       Fiscal year 2016:
       (A) New budget authority, $40,171,000,000.
       (B) Outlays, $40,171,000,000.
       (15) Veterans Benefits and Services (700):
       Fiscal year 2012:
       (A) New budget authority, $121,854,000,000.
       (B) Outlays, $121,052,000,000.
       Fiscal year 2013:
       (A) New budget authority, $128,939,000,000.
       (B) Outlays, $128,937,000,000.
       Fiscal year 2014:
       (A) New budget authority, $132,589,000,000.
       (B) Outlays, $132,599,000,000.
       Fiscal year 2015:
       (A) New budget authority, $136,144,000,000.
       (B) Outlays, $130,583,000,000.
       Fiscal year 2016:
       (A) New budget authority, $145,012,000,000.
       (B) Outlays, $139,264,000,000.
       (16) Administration of Justice (750):
       Fiscal year 2012:
       (A) New budget authority, $48,716,000,000.
       (B) Outlays, $39,406,000,000.
       Fiscal year 2013:
       (A) New budget authority, $44,016,000,000.
       (B) Outlays, $42,321,000,000.
       Fiscal year 2014:
       (A) New budget authority, $44,528,000,000.
       (B) Outlays, $44,127,000,000.
       Fiscal year 2015:
       (A) New budget authority, $45,211,000,000.
       (B) Outlays, $42,602,000,000.
       Fiscal year 2016:
       (A) New budget authority, $48,251,000,000.
       (B) Outlays, $45,423,000,000.
       (17) General Government (800):
       Fiscal year 2012:
       (A) New budget authority, $24,055,000,000.
       (B) Outlays, $22,616,000,000.
       Fiscal year 2013:
       (A) New budget authority, $23,812,000,000.
       (B) Outlays, $22,788,000,000.
       Fiscal year 2014:
       (A) New budget authority, $24,030,000,000.
       (B) Outlays, $23,757,000,000.
       Fiscal year 2015:
       (A) New budget authority, $24,315,000,000.
       (B) Outlays, $23,303,000,000.
       Fiscal year 2016:
       (A) New budget authority, $24,537,000,000.
       (B) Outlays, $23,546,000,000.
       (18) Net Interest (900):
       Fiscal year 2012:
       (A) New budget authority, $250,328,000,000.
       (B) Outlays, $250,328,000,000.
       Fiscal year 2013:
       (A) New budget authority, $284,497,000,000.
       (B) Outlays, $284,497,000,000.
       Fiscal year 2014:
       (A) New budget authority, $325,920,000,000.
       (B) Outlays, $325,920,000,000.
       Fiscal year 2015:
       (A) New budget authority, $406,639,000,000.
       (B) Outlays, $406,639,000,000.
       Fiscal year 2016:
       (A) New budget authority, $449,223,000,000.
       (B) Outlays, $449,223,000,000.
       (19) Allowances (920):
       Fiscal year 2012:
       (A) New budget authority, $43,100,000,000.
       (B) Outlays, $43,100,000,000.
       Fiscal year 2013:
       (A) New budget authority, $51,696,000,000.
       (B) Outlays, $51,696,000,000.
       Fiscal year 2014:
       (A) New budget authority, $65,706,000,000.
       (B) Outlays, $65,706,000,000.
       Fiscal year 2015:
       (A) New budget authority, $73,630,000,000.
       (B) Outlays, $73,630,000,000.
       Fiscal year 2016:
       (A) New budget authority, $176,769,000,000.
       (B) Outlays, $176,769,000,000.
       (20) Undistributed Offsetting Receipts (950):
       Fiscal year 2012:
       (A) New budget authority, $91,066,000,000.
       (B) Outlays, $91,066,000,000.
       Fiscal year 2013:
       (A) New budget authority, $95,337,000,000.
       (B) Outlays, $95,337,000,000.
       Fiscal year 2014:
       (A) New budget authority, $98,817,000,000.
       (B) Outlays, $98,817,000,000.
       Fiscal year 2015:
       (A) New budget authority, $104,737,000,000.
       (B) Outlays, $104,737,000,000.
       Fiscal year 2016:
       (A) New budget authority, $114,106,000,000.
       (B) Outlays, $114,106,000,000.

                        TITLE II--RESERVE FUNDS

     SEC. 201. DEFICIT-REDUCTION RESERVE FUND FOR THE SALE OF 
                   UNUSED OR VACANT FEDERAL PROPERTIES.

       The Chairman of the Committee on the Budget of the Senate 
     may reduce the allocations of a committee or committees, 
     aggregates, and other appropriate levels and limits in this 
     resolution for one or more bills, joint resolutions, 
     amendments, motions, or conference reports that achieve 
     savings by selling any unused or vacant Federal properties. 
     The Chairman may also make adjustments to the Senate's pay-
     as-you-go ledger over 5 years to ensure that the deficit 
     reduction achieved is used for deficit reduction only. The 
     adjustments authorized under this section shall be of the 
     amount of deficit reduction achieved.

     SEC. 202. DEFICIT-REDUCTION RESERVE FUND FOR SELLING EXCESS 
                   FEDERAL LANDS.

       The Chairman of the Committee on the Budget of the Senate 
     may reduce the allocations of a committee or committees, 
     aggregates, and other appropriate levels and limits in this 
     resolution for one or more bills, joint resolutions, 
     amendments, motions, or conference reports from savings 
     achieved by selling any excess Federal lands. The Chairman 
     may also make adjustments to the Senate's pay-as-you-go 
     ledger over 5 years to ensure that the deficit reduction 
     achieved is used for deficit reduction only. The adjustments 
     authorized under this section shall be of the amount of 
     deficit reduction achieved.

     SEC. 203. DEFICIT-REDUCTION RESERVE FUND FOR THE REPEAL OF 
                   DAVIS-BACON PREVAILING WAGE LAWS.

       The Chairman of the Committee on the Budget of the Senate 
     may reduce the allocations of a committee or committees, 
     aggregates, and other appropriate levels and limits in this 
     resolution for one or more bills, joint resolutions, 
     amendments, motions, or conference reports from savings 
     achieved by repealing the Davis-Bacon prevailing wage laws. 
     The Chairman may also make adjustments to the Senate's pay-
     as-you-go ledger over 5 years to ensure that the deficit 
     reduction achieved is used for deficit reduction only. The 
     adjustments authorized under this section shall be of the 
     amount of deficit reduction achieved.

     SEC. 204. DEFICIT-REDUCTION RESERVE FUND FOR THE REDUCTION OF 
                   PURCHASING AND MAINTAINING FEDERAL VEHICLES.

       The Chairman of the Committee on the Budget of the Senate 
     may reduce the allocations of a committee or committees, 
     aggregates, and other appropriate levels and limits in this 
     resolution for one or more bills, joint resolutions, 
     amendments, motions, or conference reports that achieve 
     savings by reducing the Federal vehicles fleet. The Chairman 
     may also make adjustments to the Senate's pay-as-you-go 
     ledger over 5 years to ensure that the deficit reduction 
     achieved is used for deficit reduction only. The adjustments 
     authorized under this section shall be of the amount of 
     deficit reduction achieved.

     SEC. 205. DEFICIT-REDUCTION RESERVE FUND FOR THE SALE OF 
                   FINANCIAL ASSETS PURCHASED THROUGH THE TROUBLED 
                   ASSET RELIEF PROGRAM.

       The Chairman of the Committee on the Budget of the Senate 
     may reduce the allocations of a committee or committees, 
     aggregates, and other appropriate levels and limits in this 
     resolution for one or more bills, joint resolutions, 
     amendments, motions, or conference reports that achieve 
     savings by selling financial instruments and equity 
     accumulated through the Troubled Asset Relief Program. The 
     Chairman may also make adjustments to the Senate's pay-as-
     you-go ledger over 5 years to ensure that the deficit 
     reduction achieved is used for deficit reduction only. The 
     adjustments authorized under this section shall be of the 
     amount of deficit reduction achieved.

                       TITLE III--BUDGET PROCESS

                     Subtitle A--Budget Enforcement

     SEC. 301. DISCRETIONARY SPENDING LIMITS FOR FISCAL YEARS 2012 
                   THROUGH 2016 AND OTHER ADJUSTMENTS.

       (a) Senate Point of Order.--
       (1) In general.--Except as otherwise provided in this 
     section, it shall not be in order in the Senate to proceed to 
     or consider any bill, joint resolution, or concurrent 
     resolution (or amendment, motion, or conference report on 
     that bill, joint resolution, or concurrent resolution, and 
     amendments between houses) that would cause the discretionary 
     spending limits in this section to be exceeded.
       (2) Supermajority waiver and appeals.--
       (A) Waiver.--This subsection may be waived or suspended in 
     the Senate only by the affirmative vote of two-thirds of the 
     Members, duly chosen and sworn.
       (B) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this subsection shall 
     be limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the bill or 
     joint resolution. An affirmative vote of two-thirds of the 
     Members of the Senate, duly chosen and sworn, shall be 
     required to sustain an appeal of the ruling of the Chair on a 
     point of order raised under this subsection.
       (b) Senate Discretionary Spending Limits.--In the Senate 
     and as used in this section, the term ``discretionary 
     spending limit'' means--
       (1) for fiscal year 2012, $844,373,000,000 in new budget 
     authority and $915,138,000,000 in outlays;
       (2) for fiscal year 2013, $848,710,000,000 in new budget 
     authority and $908,598,000,000 in outlays;
       (3) for fiscal year 2014, $872,652,000,000 in new budget 
     authority and $926,155,000,000 in outlays;
       (4) for fiscal year 2015, $891,546,,000,000 in new budget 
     authority and $903,680,000,000 in outlays;
       (5) for fiscal year 2016, $907,553,000,000 in new budget 
     authority and $910,501,000,000 in outlays;

     as adjusted in conformance with the adjustment procedures in 
     subsection (c).
       (c) Adjustments in the Senate.--
       (1) In general.--After the reporting of a bill or joint 
     resolution relating to any matter described in paragraph (2), 
     or the offering of an amendment or motion thereto or the 
     submission of a conference report thereon--

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       (A) the Chairman of the Committee on the Budget of the 
     Senate may adjust the discretionary spending limits, 
     budgetary aggregates, and allocations pursuant to section 
     302(a) of the Congressional Budget Act of 1974, by the amount 
     of new budget authority in that measure for that purpose and 
     the outlays flowing therefrom; and
       (B) following any adjustment under subparagraph (A), the 
     Committee on Appropriations of the Senate may report 
     appropriately revised suballocations pursuant to section 
     302(b) of the Congressional Budget Act of 1974 to carry out 
     this subsection.
       (2) Adjustments to support ongoing overseas deployments and 
     other activities.--
       (A) Adjustments.--The Chairman of the Committee on the 
     Budget of the Senate may adjust the discretionary spending 
     limits, allocations to the Committee on Appropriations of the 
     Senate, and aggregates for one or more--
       (i) bills reported by the Committee on Appropriations of 
     the Senate or passed by the House of Representatives;
       (ii) joint resolutions or amendments reported by the 
     Committee on Appropriations of the Senate;
       (iii) amendments between the Houses received from the House 
     of Representatives or Senate amendments offered by the 
     authority of the Committee on Appropriations of the Senate; 
     or
       (iv) conference reports;

     making appropriations for overseas deployments and other 
     activities in the amounts specified in subparagraph (B).
       (B) Amounts specified.--The amounts specified are--
       (i) for fiscal year 2012, $117,000,000,000 in new budget 
     authority and the outlays flowing therefrom;
       (ii) for fiscal year 2013, $50,000,000,000 in new budget 
     authority and the outlays flowing therefrom;
       (iii) for fiscal year 2014, $0 in new budget authority and 
     the outlays flowing therefrom;
       (iv) for fiscal year 2015, $0 in new budget authority and 
     the outlays flowing therefrom; and
       (v) for fiscal year 2016, $0 in new budget authority and 
     the outlays flowing therefrom;

     SEC. 302. POINT OF ORDER AGAINST ADVANCE APPROPRIATIONS.

       (a) Point of Order.--It shall not be in order in the Senate 
     to proceed to or consider any bill, joint resolution, 
     concurrent resolution, motion, amendment, or conference 
     report that would provide an advance appropriation.
       (b) Definition.--In this section, the term ``advance 
     appropriation'' means any new budget authority provided in a 
     bill or joint resolution making appropriations for fiscal 
     year 2012 that first becomes available for any fiscal year 
     after 2012, or any new budget authority provided in a bill or 
     joint resolution making general appropriations or continuing 
     appropriations for fiscal year 2013, that first becomes 
     available for any fiscal year after 2013.
       (c) Supermajority Waiver and Appeals.--
       (1) Waiver.--Subsection (a) may be waived or suspended in 
     the Senate only by an affirmative vote of two-thirds of the 
     Members, duly chosen and sworn.
       (2) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this subsection shall 
     be limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the bill or 
     joint resolution, as the case may be. An affirmative vote of 
     two-thirds of the Members of the Senate, duly chosen and 
     sworn, shall be required to sustain an appeal of the ruling 
     of the Chair on a point of order raised under this 
     subsection.

     SEC. 303. EMERGENCY LEGISLATION.

       (a) Authority to Designate.--In the Senate, with respect to 
     a provision of direct spending or receipts legislation or 
     appropriations for discretionary accounts that Congress 
     designates as an emergency requirement in such measure, the 
     amounts of new budget authority, outlays, and receipts in all 
     fiscal years resulting from that provision shall be treated 
     as an emergency requirement for the purpose of this section.
       (b) Exemption of Emergency Provisions.--Any new budget 
     authority, outlays, and receipts resulting from any provision 
     designated as an emergency requirement, pursuant to this 
     section, in any bill, joint resolution, concurrent 
     resolution, amendment, or conference report shall not count 
     for purposes of sections 302 and 311 of the Congressional 
     Budget Act of 1974, section 201 of S. Con. Res. 21 (110th 
     Congress) (relating to pay-as-you-go), section 311 of S. Con. 
     Res. 70 (110th Congress) (relating to long-term deficits), 
     and section 404 of S. Con. Res. 13 (111th Congress) (relating 
     to short-term deficits), and section 301 of this resolution 
     (relating to discretionary spending). Designated emergency 
     provisions shall not count for the purpose of revising 
     allocations, aggregates, or other levels pursuant to 
     procedures established under section 301(b)(7) of the 
     Congressional Budget Act of 1974 for deficit-neutral reserve 
     funds and revising discretionary spending limits set pursuant 
     to section 301 of this resolution.
       (c) Designations.--If a provision of legislation is 
     designated as an emergency requirement under this section, 
     the committee report and any statement of managers 
     accompanying that legislation shall include an explanation of 
     the manner in which the provision meets the criteria in 
     subsection (f).
       (d) Definitions.--In this section, the terms ``direct 
     spending'', ``receipts'', and ``appropriations for 
     discretionary accounts'' mean any provision of a bill, joint 
     resolution, amendment, motion, or conference report that 
     affects direct spending, receipts, or appropriations as those 
     terms have been defined and interpreted for purposes of the 
     Balanced Budget and Emergency Deficit Control Act of 1985.
       (e) Point of Order.--
       (1) In general.--When the Senate is considering a bill, 
     resolution, amendment, motion, or conference report, if a 
     point of order is made by a Senator against an emergency 
     designation in that measure, that provision making such a 
     designation shall be stricken from the measure and may not be 
     offered as an amendment from the floor.
       (2) Supermajority waiver and appeals.--
       (A) Waiver.--Paragraph (1) may be waived or suspended in 
     the Senate only by an affirmative vote of two-thirds of the 
     Members, duly chosen and sworn.
       (B) Appeals.--Appeals in the Senate from the decisions of 
     the Chair relating to any provision of this subsection shall 
     be limited to 1 hour, to be equally divided between, and 
     controlled by, the appellant and the manager of the bill or 
     joint resolution, as the case may be. An affirmative vote of 
     two-thirds of the Members of the Senate, duly chosen and 
     sworn, shall be required to sustain an appeal of the ruling 
     of the Chair on a point of order raised under this 
     subsection.
       (3) Definition of an emergency designation.--For purposes 
     of paragraph (1), a provision shall be considered an 
     emergency designation if it designates any item as an 
     emergency requirement pursuant to this subsection.
       (4) Form of the point of order.--A point of order under 
     paragraph (1) may be raised by a Senator as provided in 
     section 313(e) of the Congressional Budget Act of 1974.
       (5) Conference reports.--When the Senate is considering a 
     conference report on, or an amendment between the Houses in 
     relation to, a bill, upon a point of order being made by any 
     Senator pursuant to this section, and such point of order 
     being sustained, such material contained in such conference 
     report shall be stricken, and the Senate shall proceed to 
     consider the question of whether the Senate shall recede from 
     its amendment and concur with a further amendment, or concur 
     in the House amendment with a further amendment, as the case 
     may be, which further amendment shall consist of only that 
     portion of the conference report or House amendment, as the 
     case may be, not so stricken. Any such motion in the Senate 
     shall be debatable under the same conditions as was the 
     conference report.
       (f) Criteria.--
       (1) In general.--For purposes of this section, any 
     provision is an emergency requirement if the situation 
     addressed by such provision is--
       (A) necessary, essential, or vital (not merely useful or 
     beneficial);
       (B) sudden, quickly coming into being, and not building up 
     over time;
       (C) an urgent, pressing, and compelling need requiring 
     immediate action;
       (D) subject to subparagraph (B), unforeseen, unpredictable, 
     and unanticipated; and
       (E) not permanent, temporary in nature.
       (2) Unforeseen.--An emergency that is part of an aggregate 
     level of anticipated emergencies, particularly when normally 
     estimated in advance, is not unforeseen.
       (g) Inapplicability.--In the Senate, section 403 of S. Con. 
     Res. 13 (111th Congress), the concurrent resolution on the 
     budget for fiscal year 2010, shall no longer apply.

     SEC. 304. ADJUSTMENTS FOR THE EXTENSION OF CERTAIN CURRENT 
                   POLICIES.

       (a) Adjustment.--For the purposes of determining points of 
     order specified in subsection (b), the Chairman of the 
     Committee on the Budget of the Senate may adjust the estimate 
     of the budgetary effects of a bill, joint resolution, 
     amendment, motion, or conference report that contains one or 
     more provisions meeting the criteria of subsection (c) to 
     exclude the amounts of qualifying budgetary effects.
       (b) Covered Points of Order.--The Chairman of the Committee 
     on the Budget of the Senate may make adjustments pursuant to 
     this section for the following points of order only:
       (1) Section 201 of S. Con. Res. 21 (110th Congress) 
     (relating to pay-as-you-go).
       (2) Section 311 of S. Con. Res. 70 (110th Congress) 
     (relating to long-term deficits).
       (3) Section 404 of S. Con. Res. 13 (111th Congress) 
     (relating to short-term deficits).
       (c) Qualifying Legislation.--The Chairman of the Committee 
     on the Budget of the Senate may make adjustments authorized 
     under subsection (a) for legislation containing provisions 
     that--
       (1) amend or supersede the system for updating payments 
     made under subsections 1848 (d) and (f) of the Social 
     Security Act, consistent with section 7(c) of the Statutory 
     Pay-As-You-Go Act of 2010 (Public Law 111-139);
       (2) amend the Estate and Gift Tax under subtitle B of the 
     Internal Revenue Code of 1986, consistent with section 7(d) 
     of the Statutory Pay-As-You-Go Act of 2010;
       (3) extend relief from the Alternative Minimum Tax for 
     individuals under sections 55-59 of the Internal Revenue Code 
     of 1986, consistent with section 7(e) of the Statutory Pay-
     As-You-Go Act of 2010; and
       (4) extend middle-class tax cuts made in the Economic 
     Growth and Tax Relief Reconciliation Act of 2001 (Public Law 
     107-16) and the Jobs and Growth Tax Relief and Reconciliation 
     Act of 2003 (Public Law 108-27), consistent with section 7(f) 
     of the Statutory Pay-As-You-Go Act of 2010.

[[Page S3199]]

       (d) Definition.--For the purposes of this section, the 
     terms ``budgetary effects'' or ``effects'' mean the amount by 
     which a provision changes direct spending or revenues 
     relative to the baseline.

                      Subtitle B--Other Provisions

     SEC. 311. OVERSIGHT OF GOVERNMENT PERFORMANCE.

       In the Senate, all committees shall--
       (1) review programs and tax expenditures within their 
     jurisdiction to identify waste, fraud, abuse or duplication, 
     and increase the use of performance data to inform committee 
     work;
       (2) review the matters for congressional consideration 
     identified on the Government Accountability Office's High 
     Risk list reports; and
       (3) based on these oversight efforts and performance 
     reviews of programs within their jurisdiction, include 
     recommendations for improved governmental performance in 
     their annual views and estimates reports required under 
     section 301(d) of the Congressional Budget Act of 1974 to the 
     Committees on the Budget.

     SEC. 312. APPLICATION AND EFFECT OF CHANGES IN ALLOCATIONS 
                   AND AGGREGATES.

       (a) Application.--Any adjustments of allocations and 
     aggregates made pursuant to this resolution shall--
       (1) apply while that measure is under consideration;
       (2) take effect upon the enactment of that measure; and
       (3) be published in the Congressional Record as soon as 
     practicable.
       (b) Effect of Changed Allocations and Aggregates.--Revised 
     allocations and aggregates resulting from these adjustments 
     shall be considered for the purposes of the Congressional 
     Budget Act of 1974 as allocations and aggregates contained in 
     this resolution.
       (c) Budget Committee Determinations.--For purposes of this 
     resolution the levels of new budget authority, outlays, 
     direct spending, new entitlement authority, revenues, 
     deficits, and surpluses for a fiscal year or period of fiscal 
     years shall be determined on the basis of estimates made by 
     the Committee on the Budget of the Senate.

     SEC. 313. ADJUSTMENTS TO REFLECT CHANGES IN CONCEPTS AND 
                   DEFINITIONS.

       Upon the enactment of a bill or joint resolution providing 
     for a change in concepts or definitions, the Chairman of the 
     Committee on the Budget of the Senate may make adjustments to 
     the levels and allocations in this resolution in accordance 
     with section 251(b) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985 (as in effect prior to September 
     30, 2002).

     SEC. 314. BUDGETARY TREATMENT OF CERTAIN DISCRETIONARY 
                   ADMINISTRATIVE EXPENSES.

       In the Senate, notwithstanding section 302(a)(1) of the 
     Congressional Budge Act of 1974, section 13301 of the Budget 
     Enforcement Act of 1990, and section 2009a of title 39, 
     United States Code, the joint explanatory statement 
     accompanying the conference report on any concurrent 
     resolution on the budget shall include in its allocations 
     under section 302(a) of the Congressional Budge Act of 1974 
     to the Senate Committee on Appropriations amounts for the 
     discretionary administrative expenses of the Social Security 
     Administration and of the Postal Service.

     SEC. 315. EXERCISE OF RULEMAKING POWERS.

       The Senate adopts the provisions of this subtitle--
       (1) as an exercise of the rulemaking power of the Senate, 
     and as such they shall be considered as part of the rules of 
     the Senate and such rules shall supersede other rules only to 
     the extent that they are inconsistent with such other rules; 
     and
       (2) with full recognition of the constitutional right of 
     the Senate to change those rules at any time, in the same 
     manner, and to the same extent as is the case of any other 
     rule of the Senate.

                        TITLE IV--RECONCILIATION

     SEC. 401. RECONCILIATION IN THE SENATE.

       (a) Submission to Provide for the Reform of Mandatory 
     Spending .--Not later than September 1, 2011, the Senate 
     committees named in subsection (b) shall submit their 
     recommendations to the Committee on the Budget of the United 
     States Senate. After receiving those recommendations from the 
     applicable committees of the Senate, the Committee on the 
     Budget shall report to the Senate a reconciliation bill 
     carrying out all such recommendations without substantive 
     revision.
       (b) Instructions.--
       (1) Committee on foreign relations.--The Committee on 
     Foreign Relations shall report changes in law within its 
     jurisdiction sufficient to reduce direct spending outlays by 
     $2,651,000,000 for the period of fiscal years 2012 through 
     2016.
       (2) Committee on commerce, science, and transportation.--
     The Committee on Commerce, Science, and Transportation shall 
     report changes in law within its jurisdiction sufficient to 
     reduce direct spending outlays by $1,000,000,000 for the 
     period of fiscal years 2012 through 2016.
       (3) Committee on agriculture, nutrition, and energy.--The 
     Committee on Agriculture, Nutrition, and Energy shall report 
     changes in law within its jurisdiction sufficient to reduce 
     direct spending outlays by $229,599,000,000 for the period of 
     fiscal years 2012 through 2016.
       (4) Committee on banking, housing and urban affairs.--The 
     Committee on Banking, Housing, and Urban Affairs shall report 
     changes in laws within its jurisdiction sufficient to reduce 
     direct spending outlays by $5,000,000,000 for the period of 
     fiscal years 2012 through 2016.
       (5) Committee on health, education, labor, and pensions.--
     The Committee on Health, Education, Labor, and Pensions shall 
     report changes in laws within its jurisdiction sufficient to 
     reduce direct spending outlays by $467,550,000,000 for the 
     period of fiscal years 2012 through 2016.
       (6) Committee on finance.--The Committee on Finance shall 
     report changes in laws within its jurisdiction sufficient to 
     reduce direct spending outlays by $519,693,000,000 for the 
     period of fiscal years 2012 through 2016.

                   TITLE V--LONG-TERM POLICY CHANGES

     SEC. 501. POLICY STATEMENT ON SOCIAL SECURITY.

       It is the policy of this concurrent resolution that 
     Congress and the relevant committees of jurisdiction enact 
     legislation--
       (1) to ensure the Social Security System achieves solvency 
     over the 75 year window; and
       (2) that includes--
       (A) progressive Price Indexing using a formula including 
     wage and price indexing;
       (B) life expectancy and longevity indexing; and
       (C) a gradual increase in the retirement age.

     SEC. 502. POLICY STATEMENT ON MEDICARE.

       It is the policy of this concurrent resolution that 
     Congress and the relevant committees of jurisdiction enact 
     legislation--
       (1) to ensure Medicare achieves solvency over the 75 year 
     window; and
       (2) that--
       (A) includes free-market based health care;
       (B) removes all mandates or laws require the purchase of 
     health insurance;
       (C) promotes individual and family based plans; and
       (D) encourages interstate competition.

     SEC. 503. RESCIND UNSPENT OR UNOBLIGATED BALANCES AFTER 36 
                   MONTHS.

       (a) Application.--Any adjustments of allocations and 
     aggregates made pursuant to this resolution shall require 
     that 36 months after such funds are made available, the 
     Chairman of the Committee on the Budget of the Senate shall 
     reduce the allocations of a committee or committees, 
     aggregates, and other appropriate levels by the amount 
     unobligated or unspent.
       (b) Effect of Changed Allocations and Aggregates.--Revised 
     allocations and aggregates resulting from these adjustments 
     resulting from the required rescissions shall be considered 
     for the purposes of the Congressional Budget Act of 1974 as 
     allocations and aggregates contained in this resolution.
       (c) Budget Committee Determinations.--For purposes of this 
     resolution the levels of new budget authority, outlays, 
     direct spending, new entitlement authority, revenues, 
     deficits, and surpluses for a fiscal year or period of fiscal 
     years shall be determined on the basis of estimates made by 
     the Committee on the Budget of the Senate.

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