[Congressional Record (Bound Edition), Volume 145 (1999), Part 6]
[Senate]
[Pages 7924-7925]
[From the U.S. Government Publishing Office, www.gpo.gov]




  GUIDANCE FOR THE DESIGNATION OF EMERGENCIES AS A PART OF THE BUDGET 
                                PROCESS

  The PRESIDING OFFICER (Mr. Bunning). The Senate will now resume 
consideration of S. 557, which the clerk will report.
  The bill clerk read as follows:

       A bill (S. 557) to provide guidance for the designation of 
     emergencies as part of the budget process.

  The Senate resumed consideration of the bill.
  Pending:

       Lott (for Abraham) amendment No. 254, to preserve and 
     protect the surpluses of the social security trust funds by 
     reaffirming the exclusion of receipts and disbursement from 
     the budget, by setting a limit on the debt held by the 
     public, and by amending the Congressional Budget Act of 1974 
     to provide a process to reduce the limit on the debt held by 
     the public.
       Abraham amendment No. 255 (to Amendment No. 254), in the 
     nature of a substitute.
       Lott motion to recommit the bill to the Committee on 
     Governmental Affairs, with instructions and report back 
     forthwith.
       Lott amendment No. 296 (to the instructions of the Lott 
     motion to recommit), to provide for Social Security surplus 
     preservation and debt reduction.
       Lott amendment No. 297 (to amendment No. 296), in the 
     nature of a substitute.

  The PRESIDING OFFICER. The Senator from Maine.
  Ms. COLLINS. Mr. President, I ask unanimous consent I be permitted to 
proceed as in morning business not to exceed 15 minutes.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  (The remarks of Ms. Collins pertaining to the introduction of S. 913 
are located in today's Record under ``Statements on Introduced Bills 
and Joint Resolutions.'')
  The PRESIDING OFFICER. The Senator from New Hampshire is recognized.
  Mr. SMITH of New Hampshire. I thank the Chair.
  (The remarks of Mr. Smith of New Hampshire, pertaining to the 
introduction of S. 914 are located in today's Record under ``Statements 
on Introduced Bills and Joint Resolutions.'')
  Mr. SMITH of New Hampshire. Mr. President, I ask unanimous consent 
for an additional 5 minutes.

[[Page 7925]]

  The PRESIDING OFFICER. Without objection, it is so ordered.

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