[Congressional Record Volume 161, Number 49 (Tuesday, March 24, 2015)]
[Senate]
[Page S1828]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 596. Mr. JOHNSON submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 11, setting forth the
congressional budget for the United States Government for fiscal year
2016 and setting forth the appropriate budgetary levels for fiscal
years 2017 through 2025; which was ordered to lie on the table; as
follows:
At the appropriate place, insert the following:
SEC. __. TO CONVEY CLEAR INFORMATION TO CONGRESS AND THE
PUBLIC ABOUT PROJECTED DEFICITS.
As part of the annual update to the Budget and Economic
Outlook required by section 202(e) of the Congressional
Budget Act of 1974 (2 U.S. C. 602(e)), the Congressional
Budget Office shall--
(1) include a projection of Federal revenues, outlays, and
deficits for a 30-year period beginning with the budget year,
expressed in terms of dollars and as a percent of gross
domestic product; and
(2) publish a graph depicting the magnitude of projected
deficits in the Federal budget on a unified basis under
current policy, expressed in terms of billions of dollars,
arranged appropriately to show--
(A) the magnitude of the combined projected deficits of the
budget year and the 9 subsequent fiscal years;
(B) the magnitude of the combined projected deficits of the
10th through 19th subsequent fiscal years;
(C) the magnitude of the combined projected deficits of the
20th through 29th fiscal years; and
(D) the magnitude of the combined projected deficits of the
entire period that includes the budget year and the 29
subsequent fiscal years.
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