[United States Statutes at Large, Volume 131, 115th Congress, 1st Session]
[From the U.S. Government Publishing Office, www.gpo.gov]

 
<> FEDERAL BUDGET--FISCAL YEAR
2018

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

SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2018.

(a) Declaration.--Congress declares that this resolution is the
concurrent resolution on the budget for fiscal year 2018 and that this
resolution sets forth the appropriate budgetary levels for fiscal years
2019 through 2027.
(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 2018.

TITLE I--RECOMMENDED LEVELS AND AMOUNTS

Subtitle A--Budgetary Levels in Both Houses

Sec. 1101. Recommended levels and amounts.
Sec. 1102. Major functional categories.

Subtitle B--Levels and Amounts in the Senate

Sec. 1201. Social Security in the Senate.
Sec. 1202. Postal Service discretionary administrative expenses in the
Senate.

TITLE II--RECONCILIATION

Sec. 2001. Reconciliation in the Senate.
Sec. 2002. Reconciliation in the House of Representatives.

TITLE III--RESERVE FUNDS

Sec. 3001. Deficit-neutral reserve fund to protect flexible and
affordable health care for all.
Sec. 3002. Revenue-neutral reserve fund to reform the American tax
system.
Sec. 3003. Reserve fund for reconciliation legislation.
Sec. 3004. Deficit-neutral reserve fund for extending the State
Children's Health Insurance Program.
Sec. 3005. Deficit-neutral reserve fund to strengthen American families.

[[Page 2320]]

Sec. 3006. Deficit-neutral reserve fund to promote innovative
educational and nutritional models and systems for American
students.
Sec. 3007. Deficit-neutral reserve fund to improve the American banking
system.
Sec. 3008. Deficit-neutral reserve fund to promote American agriculture,
energy, transportation, and infrastructure improvements.
Sec. 3009. Deficit-neutral reserve fund to restore American military
power.
Sec. 3010. Deficit-neutral reserve fund for veterans and service
members.
Sec. 3011. Deficit-neutral reserve fund for public lands and the
environment.
Sec. 3012. Deficit-neutral reserve fund to secure the American border.
Sec. 3013. Deficit-neutral reserve fund to promote economic growth, the
private sector, and to enhance job creation.
Sec. 3014. Deficit-neutral reserve fund for legislation modifying
statutory budgetary controls.
Sec. 3015. Deficit-neutral reserve fund to prevent the taxpayer bailout
of pension plans.
Sec. 3016. Deficit-neutral reserve fund relating to implementing work
requirements in all means-tested Federal welfare programs.
Sec. 3017. Deficit-neutral reserve fund to protect Medicare and repeal
the Independent Payment Advisory Board.
Sec. 3018. Deficit-neutral reserve fund relating to affordable child and
dependent care.
Sec. 3019. Deficit-neutral reserve fund relating to worker training
programs.
Sec. 3020. Reserve fund for legislation to provide disaster funds for
relief and recovery efforts to areas devastated by hurricanes
and flooding in 2017.
Sec. 3021. Deficit-neutral reserve fund relating to protecting Medicare
and Medicaid.
Sec. 3022. Deficit-neutral reserve fund relating to the provision of tax
relief for families with children.
Sec. 3023. Deficit-neutral reserve fund relating to the provision of tax
relief for small businesses.
Sec. 3024. Deficit-neutral reserve fund relating to tax relief for hard-
working middle-class Americans.
Sec. 3025. Deficit-neutral reserve fund relating to making the American
tax system simpler and fairer for all Americans.
Sec. 3026. Deficit-neutral reserve fund relating to tax cuts for working
American families.
Sec. 3027. Deficit-neutral reserve fund relating to the provision of
incentives for businesses to invest in America and create
jobs in America.
Sec. 3028. Deficit-neutral reserve fund relating to eliminating tax
breaks for companies that ship jobs to foreign countries.
Sec. 3029. Deficit-neutral reserve fund relating to providing full,
permanent, and mandatory funding for the payment in lieu of
taxes program.
Sec. 3030. Deficit-neutral reserve fund relating to tax reform which
maintains the progressivity of the tax system.
Sec. 3031. Deficit-neutral reserve fund relating to significantly
improving the budget process.

TITLE IV--BUDGET PROCESS

Subtitle A--Budget Enforcement

Sec. 4101. Point of order against advance appropriations in the Senate.
Sec. 4102. Point of order against certain changes in mandatory programs.
Sec. 4103. Point of order against provisions that constitute changes in
mandatory programs affecting the Crime Victims Fund.
Sec. 4104. Point of order against designation of funds for overseas
contingency operations.
Sec. 4105. Point of order against reconciliation amendments with unknown
budgetary effects.
Sec. 4106. Pay-As-You-Go point of order in the Senate.
Sec. 4107. Honest accounting: cost estimates for major legislation to
incorporate macroeconomic effects.
Sec. 4108. Adjustment authority for amendments to statutory caps.
Sec. 4109. Adjustment for wildfire suppression funding in the Senate.
Sec. 4110. Adjustment for improved oversight of spending.
Sec. 4111. Repeal of certain limitations.
Sec. 4112. Emergency legislation.
Sec. 4113. Enforcement filing in the Senate.

Subtitle B--Other Provisions

Sec. 4201. Oversight of Government performance.
Sec. 4202. Budgetary treatment of certain discretionary administrative
expenses.

[[Page 2321]]

Sec. 4203. Application and effect of changes in allocations and
aggregates.
Sec. 4204. Adjustments to reflect changes in concepts and definitions.
Sec. 4205. Adjustments to reflect legislation not included in the
baseline.
Sec. 4206. Exercise of rulemaking powers.

TITLE V--BUDGET PROCESS IN THE HOUSE OF REPRESENTATIVES

Subtitle A--Budget Enforcement

Sec. 5101. Point of order against increasing long-term direct spending.
Sec. 5102. Allocation for Overseas Contingency Operations/Global War on
Terrorism.
Sec. 5103. Limitation on changes in certain mandatory programs.
Sec. 5104. Limitation on advance appropriations.
Sec. 5105. Estimates of debt service costs.
Sec. 5106. Fair-value credit estimates.
Sec. 5107. Estimates of macroeconomic effects of major legislation.
Sec. 5108. Adjustments for improved control of budgetary resources.
Sec. 5109. Scoring rule for Energy Savings Performance Contracts.
Sec. 5110. Limitation on transfers from the general fund of the Treasury
to the Highway Trust Fund.
Sec. 5111. Prohibition on use of Federal Reserve surpluses as an offset.
Sec. 5112. Prohibition on use of guarantee fees as an offset.
Sec. 5113. Modification of reconciliation in the House of
Representatives.

Subtitle B--Other Provisions

Sec. 5201. Budgetary treatment of administrative expenses.
Sec. 5202. Application and effect of changes in allocations and
aggregates.
Sec. 5203. Adjustments to reflect changes in concepts and definitions.
Sec. 5204. Adjustment for changes in the baseline.
Sec. 5205. Application of rule regarding limits on discretionary
spending.
Sec. 5206. Enforcement filing in the House.
Sec. 5207. Exercise of rulemaking powers.

Subtitle C--Adjustment Authority

Sec. 5301. Adjustment authority for amendments to statutory caps.

Subtitle D--Reserve Funds

Sec. 5401. Reserve fund for investments in national infrastructure.
Sec. 5402. Reserve fund for comprehensive tax reform.
Sec. 5403. Reserve fund for the State Children's Health Insurance
Program.
Sec. 5404. Reserve fund for the repeal or replacement of President
Obama's health care laws.

TITLE I--RECOMMENDED LEVELS AND AMOUNTS

Subtitle A--Budgetary Levels in Both Houses

SEC. 1101. RECOMMENDED LEVELS AND AMOUNTS.

The following budgetary levels are appropriate for each of fiscal
years 2018 through 2027:
(1) Federal revenues.--For purposes of the enforcement of
this resolution:
(A) The recommended levels of Federal revenues are
as follows:
Fiscal year 2018: $2,490,936,000,000.
Fiscal year 2019: $2,613,683,000,000.
Fiscal year 2020: $2,755,381,000,000.
Fiscal year 2021: $2,883,381,000,000.
Fiscal year 2022: $3,015,847,000,000.
Fiscal year 2023: $3,162,063,000,000.
Fiscal year 2024: $3,306,948,000,000.

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Fiscal year 2025: $3,463,269,000,000.
Fiscal year 2026: $3,654,829,000,000.
Fiscal year 2027: $3,825,184,000,000.
(B) The amounts by which the aggregate levels of
Federal revenues should be changed are as follows:
Fiscal year 2018: -$167,200,000,000.
Fiscal year 2019: -$169,500,000,000.
Fiscal year 2020: -$166,000,000,000.
Fiscal year 2021: -$165,200,000,000.
Fiscal year 2022: -$166,400,000,000.
Fiscal year 2023: -$167,700,000,000.
Fiscal year 2024: -$169,800,000,000.
Fiscal year 2025: -$172,200,000,000.
Fiscal year 2026: -$146,400,000,000.
Fiscal year 2027: -$145,000,000,000.
(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 2018: $3,136,721,000,000.
Fiscal year 2019: $3,220,542,000,000.
Fiscal year 2020: $3,319,687,000,000.
Fiscal year 2021: $3,344,861,000,000.
Fiscal year 2022: $3,501,231,000,000.
Fiscal year 2023: $3,563,762,000,000.
Fiscal year 2024: $3,607,752,000,000.
Fiscal year 2025: $3,753,919,000,000.
Fiscal year 2026: $3,851,463,000,000.
Fiscal year 2027: $3,942,710,000,000.
(3) Budget outlays.--For purposes of the enforcement of this
resolution, the appropriate levels of total budget outlays are
as follows:
Fiscal year 2018: $3,131,688,000,000.
Fiscal year 2019: $3,233,119,000,000.
Fiscal year 2020: $3,310,579,000,000.
Fiscal year 2021: $3,370,283,000,000.
Fiscal year 2022: $3,486,230,000,000.
Fiscal year 2023: $3,532,290,000,000.
Fiscal year 2024: $3,561,834,000,000.
Fiscal year 2025: $3,710,120,000,000.
Fiscal year 2026: $3,810,435,000,000.
Fiscal year 2027: $3,903,041,000,000.
(4) Deficits.--For purposes of the enforcement of this
resolution, the amounts of the deficits are as follows:
Fiscal year 2018: $640,752,000,000.
Fiscal year 2019: $619,436,000,000.
Fiscal year 2020: $555,198,000,000.
Fiscal year 2021: $486,902,000,000.
Fiscal year 2022: $470,383,000,000.
Fiscal year 2023: $370,227,000,000.
Fiscal year 2024: $254,886,000,000.
Fiscal year 2025: $246,851,000,000.
Fiscal year 2026: $155,606,000,000.
Fiscal year 2027: $77,857,000,000.
(5) Public debt.--Pursuant to section 301(a)(5) of the
Congressional Budget Act of 1974 (2 U.S.C. 632(a)(5)), the
appropriate levels of the public debt are as follows:
Fiscal year 2018: $21,278,691,000,000.

[[Page 2323]]

Fiscal year 2019: $22,063,363,000,000.
Fiscal year 2020: $22,760,763,000,000.
Fiscal year 2021: $23,396,024,000,000.
Fiscal year 2022: $23,992,408,000,000.
Fiscal year 2023: $24,508,029,000,000.
Fiscal year 2024: $24,953,195,000,000.
Fiscal year 2025: $25,375,994,000,000.
Fiscal year 2026: $25,777,513,000,000.
Fiscal year 2027: $25,999,469,000,000.
(6) Debt held by the public.--The appropriate levels of debt
held by the public are as follows:
Fiscal year 2018: $15,595,294,000,000.
Fiscal year 2019: $16,281,015,000,000.
Fiscal year 2020: $16,933,381,000,000.
Fiscal year 2021: $17,553,196,000,000.
Fiscal year 2022: $18,188,386,000,000.
Fiscal year 2023: $18,765,097,000,000.
Fiscal year 2024: $19,269,019,000,000.
Fiscal year 2025: $19,809,369,000,000.
Fiscal year 2026: $20,307,841,000,000.
Fiscal year 2027: $20,780,452,000,000.

SEC. 1102. MAJOR FUNCTIONAL CATEGORIES.

Congress determines and declares that the appropriate levels of new
budget authority and outlays for fiscal years 2018 through 2027 for each
major functional category are:
(1) National Defense (050):
Fiscal year 2018:
(A) New budget authority, $557,253,000,000.
(B) Outlays, $569,287,000,000.
Fiscal year 2019:
(A) New budget authority, $570,316,000,000.
(B) Outlays, $568,721,000,000.
Fiscal year 2020:
(A) New budget authority, $584,504,000,000.
(B) Outlays, $574,347,000,000.
Fiscal year 2021:
(A) New budget authority, $598,730,000,000.
(B) Outlays, $584,706,000,000.
Fiscal year 2022:
(A) New budget authority, $613,707,000,000.
(B) Outlays, $601,894,000,000.
Fiscal year 2023:
(A) New budget authority, $629,014,000,000.
(B) Outlays, $611,538,000,000.
Fiscal year 2024:
(A) New budget authority, $644,732,000,000.
(B) Outlays, $621,649,000,000.
Fiscal year 2025:
(A) New budget authority, $660,854,000,000.
(B) Outlays, $641,891,000,000.
Fiscal year 2026:
(A) New budget authority, $678,183,000,000.
(B) Outlays, $658,658,000,000.
Fiscal year 2027:
(A) New budget authority, $695,076,000,000.
(B) Outlays, $675,108,000,000.

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(2) International Affairs (150):
Fiscal year 2018:
(A) New budget authority, $45,157,000,000.
(B) Outlays, $44,985,000,000.
Fiscal year 2019:
(A) New budget authority, $43,978,000,000.
(B) Outlays, $43,114,000,000.
Fiscal year 2020:
(A) New budget authority, $44,042,000,000.
(B) Outlays, $42,992,000,000.
Fiscal year 2021:
(A) New budget authority, $44,060,000,000.
(B) Outlays, $42,702,000,000.
Fiscal year 2022:
(A) New budget authority, $43,161,000,000.
(B) Outlays, $42,743,000,000.
Fiscal year 2023:
(A) New budget authority, $44,183,000,000.
(B) Outlays, $43,045,000,000.
Fiscal year 2024:
(A) New budget authority, $45,222,000,000.
(B) Outlays, $43,511,000,000.
Fiscal year 2025:
(A) New budget authority, $46,283,000,000.
(B) Outlays, $44,062,000,000.
Fiscal year 2026:
(A) New budget authority, $47,394,000,000.
(B) Outlays, $44,844,000,000.
Fiscal year 2027:
(A) New budget authority, $48,467,000,000.
(B) Outlays, $45,676,000,000.
(3) General Science, Space, and Technology (250):
Fiscal year 2018:
(A) New budget authority, $32,565,000,000.
(B) Outlays, $31,909,000,000.
Fiscal year 2019:
(A) New budget authority, $33,238,000,000.
(B) Outlays, $32,561,000,000.
Fiscal year 2020:
(A) New budget authority, $33,908,000,000.
(B) Outlays, $33,191,000,000.
Fiscal year 2021:
(A) New budget authority, $34,637,000,000.
(B) Outlays, $33,864,000,000.
Fiscal year 2022:
(A) New budget authority, $35,401,000,000.
(B) Outlays, $34,666,000,000.
Fiscal year 2023:
(A) New budget authority, $36,165,000,000.
(B) Outlays, $35,427,000,000.
Fiscal year 2024:
(A) New budget authority, $36,940,000,000.
(B) Outlays, $36,167,000,000.
Fiscal year 2025:
(A) New budget authority, $37,775,000,000.
(B) Outlays, $36,956,000,000.
Fiscal year 2026:

[[Page 2325]]

(A) New budget authority, $38,617,000,000.
(B) Outlays, $37,773,000,000.
Fiscal year 2027:
(A) New budget authority, $39,464,000,000.
(B) Outlays, $38,597,000,000.
(4) Energy (270):
Fiscal year 2018:
(A) New budget authority, -$762,000,000.
(B) Outlays, $2,686,000,000.
Fiscal year 2019:
(A) New budget authority, $4,392,000,000.
(B) Outlays, $2,869,000,000.
Fiscal year 2020:
(A) New budget authority, $4,737,000,000.
(B) Outlays, $3,529,000,000.
Fiscal year 2021:
(A) New budget authority, $4,615,000,000.
(B) Outlays, $3,558,000,000.
Fiscal year 2022:
(A) New budget authority, $3,363,000,000.
(B) Outlays, $2,268,000,000.
Fiscal year 2023:
(A) New budget authority, $3,069,000,000.
(B) Outlays, $1,994,000,000.
Fiscal year 2024:
(A) New budget authority, $3,090,000,000.
(B) Outlays, $2,085,000,000.
Fiscal year 2025:
(A) New budget authority, $3,106,000,000.
(B) Outlays, $2,168,000,000.
Fiscal year 2026:
(A) New budget authority, $3,153,000,000.
(B) Outlays, $2,264,000,000.
Fiscal year 2027:
(A) New budget authority, $3,238,000,000.
(B) Outlays, $2,442,000,000.
(5) Natural Resources and Environment (300):
Fiscal year 2018:
(A) New budget authority, $40,489,000,000.
(B) Outlays, $40,597,000,000.
Fiscal year 2019:
(A) New budget authority, $42,110,000,000.
(B) Outlays, $42,293,000,000.
Fiscal year 2020:
(A) New budget authority, $43,533,000,000.
(B) Outlays, $43,420,000,000.
Fiscal year 2021:
(A) New budget authority, $43,091,000,000.
(B) Outlays, $42,742,000,000.
Fiscal year 2022:
(A) New budget authority, $45,022,000,000.
(B) Outlays, $44,194,000,000.
Fiscal year 2023:
(A) New budget authority, $45,716,000,000.
(B) Outlays, $44,767,000,000.
Fiscal year 2024:
(A) New budget authority, $46,080,000,000.

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(B) Outlays, $45,125,000,000.
Fiscal year 2025:
(A) New budget authority, $47,575,000,000.
(B) Outlays, $46,581,000,000.
Fiscal year 2026:
(A) New budget authority, $48,511,000,000.
(B) Outlays, $47,501,000,000.
Fiscal year 2027:
(A) New budget authority, $49,280,000,000.
(B) Outlays, $48,326,000,000.
(6) Agriculture (350):
Fiscal year 2018:
(A) New budget authority, $22,063,000,000.
(B) Outlays, $21,979,000,000.
Fiscal year 2019:
(A) New budget authority, $21,564,000,000.
(B) Outlays, $19,898,000,000.
Fiscal year 2020:
(A) New budget authority, $20,372,000,000.
(B) Outlays, $18,450,000,000.
Fiscal year 2021:
(A) New budget authority, $19,284,000,000.
(B) Outlays, $18,540,000,000.
Fiscal year 2022:
(A) New budget authority, $18,743,000,000.
(B) Outlays, $18,135,000,000.
Fiscal year 2023:
(A) New budget authority, $18,894,000,000.
(B) Outlays, $18,354,000,000.
Fiscal year 2024:
(A) New budget authority, $19,311,000,000.
(B) Outlays, $18,638,000,000.
Fiscal year 2025:
(A) New budget authority, $19,881,000,000.
(B) Outlays, $19,112,000,000.
Fiscal year 2026:
(A) New budget authority, $20,173,000,000.
(B) Outlays, $19,439,000,000.
Fiscal year 2027:
(A) New budget authority, $20,280,000,000.
(B) Outlays, $19,542,000,000.
(7) Commerce and Housing Credit (370):
Fiscal year 2018:
(A) New budget authority, $9,379,000,000.
(B) Outlays, -$4,060,000,000.
Fiscal year 2019:
(A) New budget authority, $12,090,000,000.
(B) Outlays, $2,554,000,000.
Fiscal year 2020:
(A) New budget authority, $7,997,000,000.
(B) Outlays, -$646,000,000.
Fiscal year 2021:
(A) New budget authority, $5,359,000,000.
(B) Outlays, -$2,364,000,000.
Fiscal year 2022:
(A) New budget authority, $7,393,000,000.
(B) Outlays, -$2,715,000,000.

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Fiscal year 2023:
(A) New budget authority, -$3,254,000,000.
(B) Outlays, -$14,163,000,000.
Fiscal year 2024:
(A) New budget authority, -$4,648,000,000.
(B) Outlays, -$16,202,000,000.
Fiscal year 2025:
(A) New budget authority, -$4,817,000,000.
(B) Outlays, -$17,747,000,000.
Fiscal year 2026:
(A) New budget authority, -$6,228,000,000.
(B) Outlays, -$19,133,000,000.
Fiscal year 2027:
(A) New budget authority, -$6,816,000,000.
(B) Outlays, -$19,990,000,000.
(8) Transportation (400):
Fiscal year 2018:
(A) New budget authority, $89,125,000,000.
(B) Outlays, $92,875,000,000.
Fiscal year 2019:
(A) New budget authority, $90,538,000,000.
(B) Outlays, $92,393,000,000.
Fiscal year 2020:
(A) New budget authority, $84,687,000,000.
(B) Outlays, $93,064,000,000.
Fiscal year 2021:
(A) New budget authority, $40,062,000,000.
(B) Outlays, $81,597,000,000.
Fiscal year 2022:
(A) New budget authority, $71,003,000,000.
(B) Outlays, $69,791,000,000.
Fiscal year 2023:
(A) New budget authority, $71,930,000,000.
(B) Outlays, $74,521,000,000.
Fiscal year 2024:
(A) New budget authority, $73,370,000,000.
(B) Outlays, $76,450,000,000.
Fiscal year 2025:
(A) New budget authority, $74,843,000,000.
(B) Outlays, $76,523,000,000.
Fiscal year 2026:
(A) New budget authority, $76,345,000,000.
(B) Outlays, $76,895,000,000.
Fiscal year 2027:
(A) New budget authority, $77,831,000,000.
(B) Outlays, $78,001,000,000.
(9) Community and Regional Development (450):
Fiscal year 2018:
(A) New budget authority, $19,018,000,000.
(B) Outlays, $21,697,000,000.
Fiscal year 2019:
(A) New budget authority, $19,281,000,000.
(B) Outlays, $20,600,000,000.
Fiscal year 2020:
(A) New budget authority, $19,435,000,000.
(B) Outlays, $19,518,000,000.
Fiscal year 2021:

[[Page 2328]]

(A) New budget authority, $19,690,000,000.
(B) Outlays, $18,867,000,000.
Fiscal year 2022:
(A) New budget authority, $19,778,000,000.
(B) Outlays, $18,506,000,000.
Fiscal year 2023:
(A) New budget authority, $20,061,000,000.
(B) Outlays, $18,041,000,000.
Fiscal year 2024:
(A) New budget authority, $20,347,000,000.
(B) Outlays, $18,277,000,000.
Fiscal year 2025:
(A) New budget authority, $20,669,000,000.
(B) Outlays, $18,831,000,000.
Fiscal year 2026:
(A) New budget authority, $20,985,000,000.
(B) Outlays, $19,353,000,000.
Fiscal year 2027:
(A) New budget authority, $21,304,000,000.
(B) Outlays, $19,932,000,000.
(10) Education, Training, Employment, and Social Services
(500):
Fiscal year 2018:
(A) New budget authority, $90,224,000,000.
(B) Outlays, $99,348,000,000.
Fiscal year 2019:
(A) New budget authority, $100,086,000,000.
(B) Outlays, $98,799,000,000.
Fiscal year 2020:
(A) New budget authority, $101,018,000,000.
(B) Outlays, $101,064,000,000.
Fiscal year 2021:
(A) New budget authority, $102,034,000,000.
(B) Outlays, $102,218,000,000.
Fiscal year 2022:
(A) New budget authority, $102,700,000,000.
(B) Outlays, $103,178,000,000.
Fiscal year 2023:
(A) New budget authority, $102,725,000,000.
(B) Outlays, $103,653,000,000.
Fiscal year 2024:
(A) New budget authority, $103,012,000,000.
(B) Outlays, $103,960,000,000.
Fiscal year 2025:
(A) New budget authority, $103,798,000,000.
(B) Outlays, $104,747,000,000.
Fiscal year 2026:
(A) New budget authority, $104,942,000,000.
(B) Outlays, $105,921,000,000.
Fiscal year 2027:
(A) New budget authority, $106,473,000,000.
(B) Outlays, $107,433,000,000.
(11) Health (550):
Fiscal year 2018:
(A) New budget authority, $546,598,000,000.
(B) Outlays, $558,311,000,000.
Fiscal year 2019:

[[Page 2329]]

(A) New budget authority, $560,622,000,000.
(B) Outlays, $563,293,000,000.
Fiscal year 2020:
(A) New budget authority, $578,838,000,000.
(B) Outlays, $570,311,000,000.
Fiscal year 2021:
(A) New budget authority, $574,616,000,000.
(B) Outlays, $575,040,000,000.
Fiscal year 2022:
(A) New budget authority, $586,530,000,000.
(B) Outlays, $583,769,000,000.
Fiscal year 2023:
(A) New budget authority, $601,742,000,000.
(B) Outlays, $599,099,000,000.
Fiscal year 2024:
(A) New budget authority, $605,811,000,000.
(B) Outlays, $603,443,000,000.
Fiscal year 2025:
(A) New budget authority, $617,220,000,000.
(B) Outlays, $614,728,000,000.
Fiscal year 2026:
(A) New budget authority, $633,890,000,000.
(B) Outlays, $630,824,000,000.
Fiscal year 2027:
(A) New budget authority, $652,230,000,000.
(B) Outlays, $653,552,000,000.
(12) Medicare (570):
Fiscal year 2018:
(A) New budget authority, $586,239,000,000.
(B) Outlays, $585,962,000,000.
Fiscal year 2019:
(A) New budget authority, $643,592,000,000.
(B) Outlays, $643,374,000,000.
Fiscal year 2020:
(A) New budget authority, $687,119,000,000.
(B) Outlays, $686,926,000,000.
Fiscal year 2021:
(A) New budget authority, $734,446,000,000.
(B) Outlays, $734,241,000,000.
Fiscal year 2022:
(A) New budget authority, $819,300,000,000.
(B) Outlays, $819,073,000,000.
Fiscal year 2023:
(A) New budget authority, $833,885,000,000.
(B) Outlays, $833,669,000,000.
Fiscal year 2024:
(A) New budget authority, $845,578,000,000.
(B) Outlays, $845,355,000,000.
Fiscal year 2025:
(A) New budget authority, $934,429,000,000.
(B) Outlays, $934,186,000,000.
Fiscal year 2026:
(A) New budget authority, $1,002,522,000,000.
(B) Outlays, $1,002,272,000,000.
Fiscal year 2027:
(A) New budget authority, $1,066,566,000,000.
(B) Outlays, $1,066,321,000,000.

[[Page 2330]]

(13) Income Security (600):
Fiscal year 2018:
(A) New budget authority, $491,978,000,000.
(B) Outlays, $477,537,000,000.
Fiscal year 2019:
(A) New budget authority, $490,106,000,000.
(B) Outlays, $479,627,000,000.
Fiscal year 2020:
(A) New budget authority, $493,118,000,000.
(B) Outlays, $482,945,000,000.
Fiscal year 2021:
(A) New budget authority, $494,706,000,000.
(B) Outlays, $485,536,000,000.
Fiscal year 2022:
(A) New budget authority, $497,021,000,000.
(B) Outlays, $494,507,000,000.
Fiscal year 2023:
(A) New budget authority, $506,711,000,000.
(B) Outlays, $499,405,000,000.
Fiscal year 2024:
(A) New budget authority, $515,692,000,000.
(B) Outlays, $502,742,000,000.
Fiscal year 2025:
(A) New budget authority, $531,668,000,000.
(B) Outlays, $520,169,000,000.
Fiscal year 2026:
(A) New budget authority, $544,483,000,000.
(B) Outlays, $538,620,000,000.
Fiscal year 2027:
(A) New budget authority, $557,641,000,000.
(B) Outlays, $548,723,000,000.
(14) Social Security (650):
Fiscal year 2018:
(A) New budget authority, $39,683,000,000.
(B) Outlays, $39,683,000,000.
Fiscal year 2019:
(A) New budget authority, $43,091,000,000.
(B) Outlays, $43,091,000,000.
Fiscal year 2020:
(A) New budget authority, $46,182,000,000.
(B) Outlays, $46,182,000,000.
Fiscal year 2021:
(A) New budget authority, $49,460,000,000.
(B) Outlays, $49,460,000,000.
Fiscal year 2022:
(A) New budget authority, $52,915,000,000.
(B) Outlays, $52,915,000,000.
Fiscal year 2023:
(A) New budget authority, $56,734,000,000.
(B) Outlays, $56,734,000,000.
Fiscal year 2024:
(A) New budget authority, $60,953,000,000.
(B) Outlays, $60,953,000,000.
Fiscal year 2025:
(A) New budget authority, $65,424,000,000.
(B) Outlays, $65,424,000,000.
Fiscal year 2026:

[[Page 2331]]

(A) New budget authority, $69,757,000,000.
(B) Outlays, $69,757,000,000.
Fiscal year 2027:
(A) New budget authority, $74,173,000,000.
(B) Outlays, $74,173,000,000.
(15) Veterans Benefits and Services (700):
Fiscal year 2018:
(A) New budget authority, $176,446,000,000.
(B) Outlays, $177,393,000,000.
Fiscal year 2019:
(A) New budget authority, $191,376,000,000.
(B) Outlays, $189,441,000,000.
Fiscal year 2020:
(A) New budget authority, $198,336,000,000.
(B) Outlays, $196,338,000,000.
Fiscal year 2021:
(A) New budget authority, $205,001,000,000.
(B) Outlays, $202,930,000,000.
Fiscal year 2022:
(A) New budget authority, $221,481,000,000.
(B) Outlays, $219,320,000,000.
Fiscal year 2023:
(A) New budget authority, $219,424,000,000.
(B) Outlays, $216,903,000,000.
Fiscal year 2024:
(A) New budget authority, $216,519,000,000.
(B) Outlays, $214,343,000,000.
Fiscal year 2025:
(A) New budget authority, $234,741,000,000.
(B) Outlays, $232,535,000,000.
Fiscal year 2026:
(A) New budget authority, $242,559,000,000.
(B) Outlays, $240,210,000,000.
Fiscal year 2027:
(A) New budget authority, $251,142,000,000.
(B) Outlays, $248,884,000,000.
(16) Administration of Justice (750):
Fiscal year 2018:
(A) New budget authority, $65,038,000,000.
(B) Outlays, $61,006,000,000.
Fiscal year 2019:
(A) New budget authority, $64,244,000,000.
(B) Outlays, $64,504,000,000.
Fiscal year 2020:
(A) New budget authority, $64,377,000,000.
(B) Outlays, $66,523,000,000.
Fiscal year 2021:
(A) New budget authority, $65,866,000,000.
(B) Outlays, $69,272,000,000.
Fiscal year 2022:
(A) New budget authority, $67,069,000,000.
(B) Outlays, $69,488,000,000.
Fiscal year 2023:
(A) New budget authority, $68,813,000,000.
(B) Outlays, $69,657,000,000.
Fiscal year 2024:
(A) New budget authority, $70,592,000,000.

[[Page 2332]]

(B) Outlays, $70,232,000,000.
Fiscal year 2025:
(A) New budget authority, $72,432,000,000.
(B) Outlays, $71,865,000,000.
Fiscal year 2026:
(A) New budget authority, $74,233,000,000.
(B) Outlays, $73,500,000,000.
Fiscal year 2027:
(A) New budget authority, $76,093,000,000.
(B) Outlays, $75,382,000,000.
(17) General Government (800):
Fiscal year 2018:
(A) New budget authority, $24,675,000,000.
(B) Outlays, $24,889,000,000.
Fiscal year 2019:
(A) New budget authority, $25,518,000,000.
(B) Outlays, $25,642,000,000.
Fiscal year 2020:
(A) New budget authority, $25,989,000,000.
(B) Outlays, $25,994,000,000.
Fiscal year 2021:
(A) New budget authority, $26,649,000,000.
(B) Outlays, $26,358,000,000.
Fiscal year 2022:
(A) New budget authority, $27,311,000,000.
(B) Outlays, $26,973,000,000.
Fiscal year 2023:
(A) New budget authority, $27,972,000,000.
(B) Outlays, $27,608,000,000.
Fiscal year 2024:
(A) New budget authority, $28,485,000,000.
(B) Outlays, $28,134,000,000.
Fiscal year 2025:
(A) New budget authority, $29,255,000,000.
(B) Outlays, $28,830,000,000.
Fiscal year 2026:
(A) New budget authority, $30,052,000,000.
(B) Outlays, $29,610,000,000.
Fiscal year 2027:
(A) New budget authority, $30,827,000,000.
(B) Outlays, $30,382,000,000.
(18) Net Interest (900):
Fiscal year 2018:
(A) New budget authority, $388,767,000,000.
(B) Outlays, $388,767,000,000.
Fiscal year 2019:
(A) New budget authority, $441,158,000,000.
(B) Outlays, $441,158,000,000.
Fiscal year 2020:
(A) New budget authority, $497,893,000,000.
(B) Outlays, $497,893,000,000.
Fiscal year 2021:
(A) New budget authority, $546,206,000,000.
(B) Outlays, $546,206,000,000.
Fiscal year 2022:
(A) New budget authority, $589,086,000,000.
(B) Outlays, $589,086,000,000.

[[Page 2333]]

Fiscal year 2023:
(A) New budget authority, $630,179,000,000.
(B) Outlays, $630,179,000,000.
Fiscal year 2024:
(A) New budget authority, $664,060,000,000.
(B) Outlays, $664,060,000,000.
Fiscal year 2025:
(A) New budget authority, $691,250,000,000.
(B) Outlays, $691,250,000,000.
Fiscal year 2026:
(A) New budget authority, $716,494,000,000.
(B) Outlays, $716,494,000,000.
Fiscal year 2027:
(A) New budget authority, $736,146,000,000.
(B) Outlays, $736,146,000,000.
(19) Allowances (920):
Fiscal year 2018:
(A) New budget authority, -$68,576,000,000.
(B) Outlays, -$51,055,000,000.
Fiscal year 2019:
(A) New budget authority, -$133,357,000,000.
(B) Outlays, -$96,088,000,000.
Fiscal year 2020:
(A) New budget authority, -$145,919,000,000.
(B) Outlays, -$130,658,000,000.
Fiscal year 2021:
(A) New budget authority, -$176,695,000,000.
(B) Outlays, -$166,918,000,000.
Fiscal year 2022:
(A) New budget authority, -$218,460,000,000.
(B) Outlays, -$209,169,000,000.
Fiscal year 2023:
(A) New budget authority, -$247,892,000,000.
(B) Outlays, -$238,885,000,000.
Fiscal year 2024:
(A) New budget authority, -$276,275,000,000.
(B) Outlays, -$266,915,000,000.
Fiscal year 2025:
(A) New budget authority, -$307,701,000,000.
(B) Outlays, -$297,489,000,000.
Fiscal year 2026:
(A) New budget authority, -$366,270,000,000.
(B) Outlays, -$356,035,000,000.
Fiscal year 2027:
(A) New budget authority, -$415,402,000,000.
(B) Outlays, -$404,286,000,000.
(20) Undistributed Offsetting Receipts (950):
Fiscal year 2018:
(A) New budget authority, -$95,229,000,000.
(B) Outlays, -$95,229,000,000.
Fiscal year 2019:
(A) New budget authority, -$93,401,000,000.
(B) Outlays, -$93,401,000,000.
Fiscal year 2020:
(A) New budget authority, -$95,479,000,000.
(B) Outlays, -$95,479,000,000.
Fiscal year 2021:

[[Page 2334]]

(A) New budget authority, -$98,956,000,000.
(B) Outlays, -$98,956,000,000.
Fiscal year 2022:
(A) New budget authority, -$101,293,000,000.
(B) Outlays, -$101,293,000,000.
Fiscal year 2023:
(A) New budget authority, -$102,309,000,000.
(B) Outlays, -$102,309,000,000.
Fiscal year 2024:
(A) New budget authority, -$111,119,000,000.
(B) Outlays, -$111,119,000,000.
Fiscal year 2025:
(A) New budget authority, -$124,766,000,000.
(B) Outlays, -$124,766,000,000.
Fiscal year 2026:
(A) New budget authority, -$128,332,000,000.
(B) Outlays, -$128,332,000,000.
Fiscal year 2027:
(A) New budget authority, -$141,303,000,000.
(B) Outlays, -$141,303,000,000.
(21) Overseas Contingency Operations (970):
Fiscal year 2018:
(A) New budget authority, $76,591,000,000.
(B) Outlays, $43,121,000,000.
Fiscal year 2019:
(A) New budget authority, $50,000,000,000.
(B) Outlays, $48,676,000,000.
Fiscal year 2020:
(A) New budget authority, $25,000,000,000.
(B) Outlays, $34,675,000,000.
Fiscal year 2021:
(A) New budget authority, $12,000,000,000.
(B) Outlays, $20,684,000,000.
Fiscal year 2022:
(A) New budget authority, $0.
(B) Outlays, $8,901,000,000.
Fiscal year 2023:
(A) New budget authority, $0.
(B) Outlays, $3,053,000,000.
Fiscal year 2024:
(A) New budget authority, $0.
(B) Outlays, $946,000,000.
Fiscal year 2025:
(A) New budget authority, $0.
(B) Outlays, $264,000,000.
Fiscal year 2026:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2027:
(A) New budget authority, $0.
(B) Outlays, $0.

[[Page 2335]]

Subtitle B--Levels and Amounts in the Senate

SEC. 1201. SOCIAL SECURITY IN THE SENATE.

(a) Social Security Revenues.--For purposes of Senate enforcement
under sections 302 and 311 of the Congressional Budget Act of 1974 (2
U.S.C. 633 and 642), 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 2018: $873,312,000,000.
Fiscal year 2019: $903,381,000,000.
Fiscal year 2020: $932,055,000,000.
Fiscal year 2021: $962,698,000,000.
Fiscal year 2022: $996,127,000,000.
Fiscal year 2023: $1,031,653,000,000.
Fiscal year 2024: $1,068,529,000,000.
Fiscal year 2025: $1,106,862,000,000.
Fiscal year 2026: $1,146,803,000,000.
Fiscal year 2027: $1,188,060,000,000.
(b) Social Security Outlays.--For purposes of Senate enforcement
under sections 302 and 311 of the Congressional Budget Act of 1974 (2
U.S.C. 633 and 642), 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 2018: $849,609,000,000.
Fiscal year 2019: $909,109,000,000.
Fiscal year 2020: $972,776,000,000.
Fiscal year 2021: $1,040,108,000,000.
Fiscal year 2022: $1,111,446,000,000.
Fiscal year 2023: $1,188,081,000,000.
Fiscal year 2024: $1,266,786,000,000.
Fiscal year 2025: $1,349,334,000,000.
Fiscal year 2026: $1,437,032,000,000.
Fiscal year 2027: $1,530,362,000,000.
(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 2018:
(A) New budget authority, $5,553,000,000.
(B) Outlays, $5,584,000,000.
Fiscal year 2019:
(A) New budget authority, $5,716,000,000.
(B) Outlays, $5,713,000,000.
Fiscal year 2020:
(A) New budget authority, $5,888,000,000.
(B) Outlays, $5,856,000,000.
Fiscal year 2021:
(A) New budget authority, $6,062,000,000.
(B) Outlays, $6,029,000,000.
Fiscal year 2022:
(A) New budget authority, $6,241,000,000.
(B) Outlays, $6,207,000,000.
Fiscal year 2023:
(A) New budget authority, $6,426,000,000.

[[Page 2336]]

(B) Outlays, $6,392,000,000.
Fiscal year 2024:
(A) New budget authority, $6,617,000,000.
(B) Outlays, $6,581,000,000.
Fiscal year 2025:
(A) New budget authority, $6,816,000,000.
(B) Outlays, $6,779,000,000.
Fiscal year 2026:
(A) New budget authority, $7,024,000,000.
(B) Outlays, $6,985,000,000.
Fiscal year 2027:
(A) New budget authority, $7,233,000,000.
(B) Outlays, $7,194,000,000.

SEC. 1202. POSTAL SERVICE DISCRETIONARY ADMINISTRATIVE EXPENSES IN THE
SENATE.

In the Senate, the amounts of new budget authority and budget
outlays of the Postal Service for discretionary administrative expenses
are as follows:
Fiscal year 2018:
(A) New budget authority, $281,000,000.
(B) Outlays, $281,000,000.
Fiscal year 2019:
(A) New budget authority, $290,000,000.
(B) Outlays, $290,000,000.
Fiscal year 2020:
(A) New budget authority, $301,000,000.
(B) Outlays, $301,000,000.
Fiscal year 2021:
(A) New budget authority, $311,000,000.
(B) Outlays, $311,000,000.
Fiscal year 2022:
(A) New budget authority, $322,000,000.
(B) Outlays, $322,000,000.
Fiscal year 2023:
(A) New budget authority, $333,000,000.
(B) Outlays, $333,000,000.
Fiscal year 2024:
(A) New budget authority, $344,000,000.
(B) Outlays, $343,000,000.
Fiscal year 2025:
(A) New budget authority, $356,000,000.
(B) Outlays, $355,000,000.
Fiscal year 2026:
(A) New budget authority, $369,000,000.
(B) Outlays, $368,000,000.
Fiscal year 2027:
(A) New budget authority, $380,000,000.
(B) Outlays, $379,000,000.

TITLE II--RECONCILIATION

SEC. 2001. RECONCILIATION IN THE SENATE.

(a) Committee on Finance.--The Committee on Finance of the Senate
shall report changes in laws within its jurisdiction that

[[Page 2337]]

increase the deficit by not more than $1,500,000,000,000 for the period
of fiscal years 2018 through 2027.
(b) Committee on Energy and Natural Resources.--The Committee on
Energy and Natural Resources of the Senate shall report changes in laws
within its jurisdiction to reduce the deficit by not less than
$1,000,000,000 for the period of fiscal years 2018 through 2027.
(c) Submissions.--In the Senate, not later than November 13, 2017,
the Committees named in subsections (a) and (b) shall submit their
recommendations to the Committee on the Budget of the Senate. Upon
receiving such recommendations, the Committee on the Budget of the
Senate shall report to the Senate a reconciliation bill carrying out all
such recommendations without any substantive revision.

SEC. 2002. RECONCILIATION IN THE HOUSE OF REPRESENTATIVES.

(a) Committee on Ways and Means.--The Committee on Ways and Means of
the House of Representatives shall submit changes in laws within its
jurisdiction that increase the deficit by not more than
$1,500,000,000,000 for the period of fiscal years 2018 through 2027.
(b) Committee on Natural Resources.--The Committee on Natural
Resources of the House of Representatives shall submit changes in laws
within its jurisdiction to reduce the deficit by not less than
$1,000,000,000 for the period of fiscal years 2018 through 2027.
(c) Submissions.--In the House of Representatives, not later than
November 13, 2017, the committees named in subsections (a) and (b) shall
submit their recommendations to the Committee on the Budget of the House
of Representatives to carry out this section.

TITLE III--RESERVE FUNDS

SEC. 3001. DEFICIT-NEUTRAL RESERVE FUND TO PROTECT FLEXIBLE AND
AFFORDABLE HEALTH CARE FOR ALL.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to repealing or replacing the Patient Protection and Affordable Care Act
(Public Law 111-148; 124 Stat. 119) and the Health Care and Education
Reconciliation Act of 2010 (Public Law 111-152; 124 Stat. 1029), by the
amounts provided in such legislation for those purposes, provided that
such legislation would not increase the deficit over the period of the
total of fiscal years 2018 through 2027.

SEC. 3002. REVENUE-NEUTRAL RESERVE FUND TO REFORM THE AMERICAN TAX
SYSTEM.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to reforming the Internal Revenue Code of 1986, which may include--

[[Page 2338]]

(1) tax relief for middle-income working Americans;
(2) lowering taxes on families with children; or
(3) incentivizing companies to invest domestically and
create jobs in the United States,

by the amounts provided in such legislation for those purposes, provided
that such legislation is revenue neutral and would not increase the
deficit over the period of the total of fiscal years 2018 through 2027.

SEC. 3003. RESERVE FUND FOR RECONCILIATION LEGISLATION.

(a) In General.--The Chairman of the Committee on the Budget of the
Senate may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution, and make
adjustments to the pay-as-you-go ledger, for any bill or joint
resolution considered pursuant to section 2001 containing the
recommendations of one or more committees, or for one or more amendments
to, a conference report on, or an amendment between the Houses in
relation to such a bill or joint resolution, by the amounts necessary to
accommodate the budgetary effects of the legislation, if the budgetary
effects of the legislation comply with the reconciliation instructions
under this concurrent resolution.
(b) Determination of Compliance.--For purposes of this section,
compliance with the reconciliation instructions under this concurrent
resolution shall be determined by the Chairman of the Committee on the
Budget of the Senate.
(c) Exception for Legislation.--Section 404(a) of S. Con. Res. 13
(111th Congress), the concurrent resolution on the budget for fiscal
year 2010, shall not apply to legislation for which the Chairman of the
Committee on the Budget of the Senate has exercised the authority under
subsection (a).

SEC. 3004. DEFICIT-NEUTRAL RESERVE FUND FOR EXTENDING THE STATE
CHILDREN'S HEALTH INSURANCE PROGRAM.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to an extension of the State Children's Health Insurance Program, by the
amounts provided in such legislation for those purposes, provided that
such legislation would not increase the deficit over either the period
of the total of fiscal years 2018 through 2022 or the period of the
total of fiscal years 2018 through 2027.

SEC. 3005. DEFICIT-NEUTRAL RESERVE FUND TO STRENGTHEN AMERICAN FAMILIES.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) addressing the opioid and substance abuse crisis;
(2) protecting and assisting victims of domestic abuse;
(3) foster care, child care, marriage, and fatherhood
programs;
(4) making it easier to save for retirement;

[[Page 2339]]

(5) reforming the American public housing system;
(6) the Community Development Block Grant Program; or
(7) extending expiring health care provisions,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3006. DEFICIT-NEUTRAL RESERVE FUND TO PROMOTE INNOVATIVE
EDUCATIONAL AND NUTRITIONAL MODELS AND SYSTEMS FOR AMERICAN
STUDENTS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) amending the Higher Education Act of 1965 (20 U.S.C.
1001 et seq.);
(2) ensuring State flexibility in education;
(3) enhancing outcomes with Federal workforce development,
job training, and reemployment programs;
(4) the consolidation and streamlining of overlapping early
learning and child care programs;
(5) educational programs for individuals with disabilities;
or
(6) child nutrition programs,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3007. DEFICIT-NEUTRAL RESERVE FUND TO IMPROVE THE AMERICAN BANKING
SYSTEM.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to the American banking system by the amounts provided in such
legislation for those purposes, provided that such legislation would not
increase the deficit over either the period of the total of fiscal years
2018 through 2022 or the period of the total of fiscal years 2018
through 2027.

SEC. 3008. DEFICIT-NEUTRAL RESERVE FUND TO PROMOTE AMERICAN AGRICULTURE,
ENERGY, TRANSPORTATION, AND INFRASTRUCTURE IMPROVEMENTS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) the Farm Bill;
(2) American energy policies;
(3) the Nuclear Regulatory Commission;

[[Page 2340]]

(4) North American energy development;
(5) infrastructure, transportation, and water development;
(6) the Federal Aviation Administration;
(7) the National Flood Insurance Program;
(8) State mineral royalty revenues; or
(9) soda ash royalties,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3009. DEFICIT-NEUTRAL RESERVE FUND TO RESTORE AMERICAN MILITARY
POWER.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) improving military readiness, including deferred
Facilities Sustainment Restoration and Modernization;
(2) military technological superiority;
(3) structural defense reforms; or
(4) strengthening cybersecurity efforts,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3010. DEFICIT-NEUTRAL RESERVE FUND FOR VETERANS AND SERVICE
MEMBERS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to improving the delivery of benefits and services to veterans and
service members by the amounts provided in such legislation for those
purposes, provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2018 through 2022 or
the period of the total of fiscal years 2018 through 2027.

SEC. 3011. DEFICIT-NEUTRAL RESERVE FUND FOR PUBLIC LANDS AND THE
ENVIRONMENT.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) the Endangered Species Act of 1973 (16 U.S.C. 1531 et
seq.);
(2) forest health and wildfire prevention and control;
(3) resources for wildland firefighting for the Forest
Service and Department of Interior;
(4) the payments in lieu of taxes program; or

[[Page 2341]]

(5) the secure rural schools and community self-
determination program,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3012. DEFICIT-NEUTRAL RESERVE FUND TO SECURE THE AMERICAN BORDER.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) securing the border of the United States;
(2) ending human trafficking; or
(3) stopping the transportation of narcotics into the United
States,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3013. DEFICIT-NEUTRAL RESERVE FUND TO PROMOTE ECONOMIC GROWTH, THE
PRIVATE SECTOR, AND TO ENHANCE JOB CREATION.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to--
(1) reducing costs to businesses and individuals stemming
from Federal regulations;
(2) increasing commerce and economic growth; or
(3) enhancing job creation,

by the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3014. DEFICIT-NEUTRAL RESERVE FUND FOR LEGISLATION MODIFYING
STATUTORY BUDGETARY CONTROLS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to modifying statutory budget controls, which may include adjustments to
the discretionary spending limits and changes to the scope of
sequestration as carried out by the Office of Management and Budget,
such as for the Financial Accounting Standards Board, Public Company
Accounting Oversight Board, Securities Investor Protection Corporation,
and other similar entities, by the amounts provided in such legislation
for those purposes, provided that such legislation would not increase

[[Page 2342]]

the deficit over the period of the total of fiscal years 2018 through
2027.

SEC. 3015. DEFICIT-NEUTRAL RESERVE FUND TO PREVENT THE TAXPAYER BAILOUT
OF PENSION PLANS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to the prevention of taxpayer bailout of pension plans, by the amounts
provided in such legislation for those purposes, provided that such
legislation would not increase the deficit over either the period of the
total of fiscal years 2018 through 2022 or the period of the total of
fiscal years 2018 through 2027.

SEC. 3016. DEFICIT-NEUTRAL RESERVE FUND RELATING TO IMPLEMENTING WORK
REQUIREMENTS IN ALL MEANS-TESTED FEDERAL WELFARE PROGRAMS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to implementing work requirements in all means-tested Federal welfare
programs by the amounts provided in such legislation for those purposes,
provided that such legislation would not increase the deficit over
either the period of the total of fiscal years 2018 through 2022 or the
period of the total of fiscal years 2018 through 2027.

SEC. 3017. DEFICIT-NEUTRAL RESERVE FUND TO PROTECT MEDICARE AND REPEAL
THE INDEPENDENT PAYMENT ADVISORY BOARD.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to protecting the Medicare program under title XVIII of the Social
Security Act (42 U.S.C. 1395 et seq.), which may include repealing the
Independent Payment Advisory Board established under section 1899A of
such Act (42 U.S.C. 1395kkk), by the amounts provided in such
legislation for those purposes, provided that such legislation would not
increase the deficit over either the period of the total of fiscal years
2018 through 2022 or the period of the total of fiscal years 2018
through 2027.

SEC. 3018. DEFICIT-NEUTRAL RESERVE FUND RELATING TO AFFORDABLE CHILD AND
DEPENDENT CARE.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to making the cost of child

[[Page 2343]]

and dependent care more affordable and useful for American families by
the amounts provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over either the
period of the total of fiscal years 2018 through 2022 or the period of
the total of fiscal years 2018 through 2027.

SEC. 3019. DEFICIT-NEUTRAL RESERVE FUND RELATING TO WORKER TRAINING
PROGRAMS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to worker training programs, such as training programs that target
workers that need advanced skills to progress in their current
profession or apprenticeship or certificate programs that provide
retraining for a new industry, by the amounts provided in such
legislation for those purposes, provided that such legislation would not
increase the deficit over either the period of the total of fiscal years
2018 through 2022 or the period of the total of fiscal years 2018
through 2027.

SEC. 3020. RESERVE FUND FOR LEGISLATION TO PROVIDE DISASTER FUNDS FOR
RELIEF AND RECOVERY EFFORTS TO AREAS DEVASTATED BY
HURRICANES AND FLOODING IN 2017.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to providing disaster funds for relief and recovery to areas devastated
by hurricanes and flooding in 2017, by the amounts necessary to
accommodate the budgetary effects of the legislation.

SEC. 3021. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROTECTING MEDICARE
AND MEDICAID.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to protecting the Medicaid program under title XIX of the Social
Security Act (42 U.S.C. 1396 et seq.), which may include strengthening
and improving Medicaid for the most vulnerable populations, and
extending the life of the Federal Hospital Insurance Trust Fund by the
amounts provided in such legislation for those purposes, provided that
such legislation would not increase the deficit over either the period
of the total of fiscal years 2018 through 2022 or the period of the
total of fiscal years 2018 through 2027.

SEC. 3022. DEFICIT-NEUTRAL RESERVE FUND RELATING TO THE PROVISION OF TAX
RELIEF FOR FAMILIES WITH CHILDREN.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates,

[[Page 2344]]

and other appropriate levels in this resolution, and make adjustments to
the pay-as-you-go ledger, for one or more bills, joint resolutions,
amendments, amendments between the Houses, motions, or conference
reports relating to changes in Federal tax laws, which may include
lowering taxes on families with children, by the amounts provided in
such legislation for those purposes, provided that such legislation
would not increase the deficit over the period of the total of fiscal
years 2018 through 2027.

SEC. 3023. DEFICIT-NEUTRAL RESERVE FUND RELATING TO THE PROVISION OF TAX
RELIEF FOR SMALL BUSINESSES.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to changes in Federal tax laws, which may include the provision of tax
relief for small businesses, along with provisions to prevent upper-
income taxpayers from sheltering income from taxation at the appropriate
rate, by the amounts provided in such legislation for those purposes,
provided that such legislation would not increase the deficit over the
period of the total of fiscal years 2018 through 2027.

SEC. 3024. DEFICIT-NEUTRAL RESERVE FUND RELATING TO TAX RELIEF FOR HARD-
WORKING MIDDLE-CLASS AMERICANS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to changes in Federal tax laws, which may include reducing federal
deductions, such as the state and local tax deduction which
disproportionally favors high-income individuals, to ensure relief for
middle-income taxpayers, by the amounts provided in such legislation for
those purposes, provided that such legislation would not increase the
deficit over either the period of the total of fiscal years 2018 through
2027.

SEC. 3025. DEFICIT-NEUTRAL RESERVE FUND RELATING TO MAKING THE AMERICAN
TAX SYSTEM SIMPLER AND FAIRER FOR ALL AMERICANS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to changes in Federal tax laws, which may include provisions to make the
American tax system simpler and fairer for all Americans, by the amounts
provided in such legislation for those purposes, provided that such
legislation would not increase the deficit over the period of the total
of fiscal years 2018 through 2027.

[[Page 2345]]

SEC. 3026. DEFICIT-NEUTRAL RESERVE FUND RELATING TO TAX CUTS FOR WORKING
AMERICAN FAMILIES.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to increasing per-child Federal tax relief, which may include amending
the child tax credit, by the amounts provided in such legislation for
those purposes, provided that such legislation would not increase the
deficit over either the period of the total of fiscal years 2018 through
2022 or the period of the total of fiscal years 2018 through 2027.

SEC. 3027. DEFICIT-NEUTRAL RESERVE FUND RELATING TO THE PROVISION OF
INCENTIVES FOR BUSINESSES TO INVEST IN AMERICA AND CREATE
JOBS IN AMERICA.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to changes in Federal tax laws, which may include international tax
provisions that provide or enhance incentives for businesses to invest
in America, generate American jobs, retain American jobs, and return
jobs to America, by the amounts provided in such legislation for those
purposes, provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2018 through 2022 or
the period of the total of fiscal years 2018 through 2027.

SEC. 3028. DEFICIT-NEUTRAL RESERVE FUND RELATING TO ELIMINATING TAX
BREAKS FOR COMPANIES THAT SHIP JOBS TO FOREIGN COUNTRIES.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to eliminating tax breaks for companies that outsource jobs to foreign
countries, by the amounts provided in such legislation for those
purposes, provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2018 through 2022 or
the period of the total of fiscal years 2018 through 2027.

SEC. 3029. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PROVIDING FULL,
PERMANENT, AND MANDATORY FUNDING FOR THE PAYMENT IN LIEU OF
TAXES PROGRAM.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to providing full, permanent, and mandatory funding for the payment in
lieu of taxes program by the amounts provided in such legislation for
those purposes, provided that such legislation would not increase the
deficit over

[[Page 2346]]

either the period of the total of fiscal years 2018 through 2022 or the
period of the total of fiscal years 2018 through 2027.

SEC. 3030. DEFICIT-NEUTRAL RESERVE FUND RELATING TO TAX REFORM WHICH
MAINTAINS THE PROGRESSIVITY OF THE TAX SYSTEM.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to changes in Federal tax laws, which may include tax reform proposals
to ensure that the reformed tax code parallels the existing tax code
with respect to relative burdens and does not shift the tax burden from
high-income to lower- and middle-income taxpayers, by the amounts
provided in such legislation for those purposes, provided that such
legislation would not increase the deficit over the period of the total
of fiscal years 2018 through 2027.

SEC. 3031. DEFICIT-NEUTRAL RESERVE FUND RELATING TO SIGNIFICANTLY
IMPROVING THE BUDGET PROCESS.

The Chairman of the Committee on the Budget of the Senate may revise
the allocations of a committee or committees, aggregates, and other
appropriate levels in this resolution, and make adjustments to the pay-
as-you-go ledger, for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports relating
to significantly improving the budget process by the amounts provided in
such legislation for those purposes, provided that such legislation
would not increase the deficit over either the period of the total of
fiscal years 2018 through 2022 or the period of the total of fiscal
years 2018 through 2027.

TITLE IV--BUDGET PROCESS

Subtitle A--Budget Enforcement

SEC. 4101. POINT OF ORDER AGAINST ADVANCE APPROPRIATIONS IN THE SENATE.

(a) In General.--
(1) Point of order.--Except as provided in subsection (b),
it shall not be in order in the Senate to consider any bill,
joint resolution, motion, amendment, amendment between the
Houses, or conference report that would provide an advance
appropriation for a discretionary account.
(2) 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
2018 that first becomes available for any fiscal year after
2018, or any new budget authority provided in a bill or joint
resolution making general appropriations or continuing
appropriations for fiscal year 2019, that first becomes
available for any fiscal year after 2019.
(b) Exceptions.--Advance appropriations may be provided--

[[Page 2347]]

(1) for fiscal years 2019 and 2020 for programs, projects,
activities, or accounts identified in the joint explanatory
statement of managers accompanying this concurrent resolution
under the heading ``Accounts Identified for Advance
Appropriations'' in an aggregate amount not to exceed
$28,852,000,000 in new budget authority in each fiscal year;
(2) for the Corporation for Public Broadcasting; and
(3) for the Department of Veterans Affairs for the Medical
Services, Medical Support and Compliance, Veterans Medical
Community Care, and Medical Facilities accounts of the Veterans
Health Administration.
(c) Supermajority Waiver and Appeal.--
(1) Waiver.--In the Senate, subsection (a) may be waived or
suspended only by an affirmative vote of three-fifths of the
Members, duly chosen and sworn.
(2) Appeal.--An affirmative vote of three-fifths 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 subsection (a).
(d) Form of Point of Order.--A point of order under subsection (a)
may be raised by a Senator as provided in section 313(e) of the
Congressional Budget Act of 1974 (2 U.S.C. 644(e)).
(e) Conference Reports.--When the Senate is considering a conference
report on, or an amendment between the Houses in relation to, a bill or
joint resolution, 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 or House amendment 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. In any case in which such point of order is sustained against
a conference report (or Senate amendment derived from such conference
report by operation of this subsection), no further amendment shall be
in order.

SEC. 4102. POINT OF ORDER AGAINST CERTAIN CHANGES IN MANDATORY PROGRAMS.

(a) Definition.--In this section, the term ``CHIMP'' means a
provision that--
(1) would have been estimated as affecting direct spending
or receipts under section 252 of the Balanced Budget and
Emergency Deficit Control Act of 1985 (2 U.S.C. 902) (as in
effect prior to September 30, 2002) if the provision was
included in legislation other than appropriation Acts; and
(2) results in a net decrease in budget authority in the
budget year, but does not result in a net decrease in outlays
over the period of the total of the current year, the budget
year, and all fiscal years covered under the most recently
adopted concurrent resolution on the budget.
(b) Point of Order in the Senate.--
(1) In general.--It shall not be in order in the Senate to
consider a bill or joint resolution making appropriations for a
full fiscal year, or an amendment thereto, amendment

[[Page 2348]]

between the Houses in relation thereto, conference report
thereon, or motion thereon, that includes a CHIMP that, if
enacted, would cause the absolute value of the total budget
authority of all such CHIMPs enacted in relation to a full
fiscal year to be more than the amount specified in paragraph
(2).
(2) Amount.--The amount specified in this paragraph is--
(A) for fiscal year 2018, $17,000,000,000;
(B) for fiscal year 2019, $15,000,000,000; and
(C) for fiscal year 2020, $15,000,000,000.
(c) Determination.--For purposes of this section, budgetary levels
shall be determined on the basis of estimates provided by the Chairman
of the Committee on the Budget of the Senate.
(d) Supermajority Waiver and Appeal in the Senate.--In the Senate,
subsection (b) may be waived or suspended only by an affirmative vote of
three-fifths of the Members, duly chosen and sworn. An affirmative vote
of three-fifths 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 subsection (b).
(e) Senate Point of Order Against Provisions of Appropriations
Legislation That Constitute Changes in Mandatory Programs With Net
Costs.--
(1) In general.--Section 3103 of S. Con. Res. 11 (114th
Congress), the concurrent resolution on the budget for fiscal
year 2016, is repealed.
(2) Applicability.--In the Senate, section 314 of S. Con.
Res. 70 (110th Congress), the concurrent resolution on the
budget for fiscal year 2009, shall be applied and administered
as if section 3103(e) of S. Con. Res. 11 (114th Congress), the
concurrent resolution on the budget for fiscal year 2016, had
not been enacted.

SEC. 4103. POINT OF ORDER AGAINST PROVISIONS THAT CONSTITUTE CHANGES IN
MANDATORY PROGRAMS AFFECTING THE CRIME VICTIMS FUND.

(a) Definition.--In this section--
(1) the term ``CHIMP'' has the meaning given such term in
section 4102(a); and
(2) the term ``Crime Victims Fund'' means the Crime Victims
Fund established under section 1402 of the Victims of Crime Act
of 1984 (34 U.S.C. 20101).
(b) Point of Order in the Senate.--
(1) In general.--When the Senate is considering a bill or
joint resolution making full-year appropriations for fiscal year
2018, or an amendment thereto, amendment between the Houses in
relation thereto, conference report thereon, or motion thereon,
if a point of order is made by a Senator against a provision
containing a CHIMP affecting the Crime Victims Fund that, if
enacted, would cause the absolute value of the total budget
authority of all CHIMPs affecting the Crime Victims Fund in
relation to fiscal year 2018 to be more than $11,224,000,000,
and the point of order is sustained by the Chair, that provision
shall be stricken from the measure and may not be offered as an
amendment from the floor.
(2) Form of the point of order.--A point of order under
paragraph (1) may be raised by a Senator as provided in

[[Page 2349]]

section 313(e) of the Congressional Budget Act of 1974 (2 U.S.C.
644(e)).
(3) Conference reports.--When the Senate is considering a
conference report on, or an amendment between the Houses in
relation to, a bill or joint resolution, upon a point of order
being made by any Senator pursuant to paragraph (1), and such
point of order being sustained, such material contained in such
conference report or House amendment 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. In any case in which such
point of order is sustained against a conference report (or
Senate amendment derived from such conference report by
operation of this subsection), no further amendment shall be in
order.
(4) Supermajority waiver and appeal.--In the Senate, this
subsection may be waived or suspended only by an affirmative
vote of three-fifths of the Members, duly chosen and sworn. An
affirmative vote of three-fifths of 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.
(5) Determination.--For purposes of this subsection,
budgetary levels shall be determined on the basis of estimates
provided by the Chairman of the Committee on the Budget of the
Senate.
(c) Review of Procedures Regarding Chimps.--The Committee on the
Budget and the Committee on Appropriations of the Senate shall review
existing budget enforcement procedures regarding CHIMPs included in
appropriations legislation. These committees of jurisdiction should
consult with other relevant committees of jurisdiction and other
interested parties to review such procedures, including for Crime
Victims Fund spending, and include any agreed upon recommendations in
subsequent concurrent resolutions on the budget.

SEC. 4104. POINT OF ORDER AGAINST DESIGNATION OF FUNDS FOR OVERSEAS
CONTINGENCY OPERATIONS.

(a) Point of Order.--When the Senate is considering a bill, joint
resolution, motion, amendment, amendment between the Houses, or
conference report, if a point of order is made by a Senator against a
provision that designates funds for fiscal year 2018 for overseas
contingency operations, in accordance with section 251(b)(2)(A) of the
Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
901(b)(2)(A)), and the point of order is sustained by the Chair, that
provision shall be stricken from the measure and may not be offered as
an amendment from the floor.
(b) Form of the Point of Order.--A point of order under subsection
(a) may be raised by a Senator as provided in section 313(e) of the
Congressional Budget Act of 1974 (2 U.S.C. 644(e)).
(c) Conference Reports.--When the Senate is considering a conference
report on, or an amendment between the Houses in relation to, a bill or
joint resolution, upon a point of order being

[[Page 2350]]

made by any Senator pursuant to subsection (a), and such point of order
being sustained, such material contained in such conference report or
House amendment 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. In any case in which such point of order
is sustained against a conference report (or Senate amendment derived
from such conference report by operation of this subsection), no further
amendment shall be in order.
(d) Supermajority Waiver and Appeal.--In the Senate, this section
may be waived or suspended only by an affirmative vote of three-fifths
of the Members, duly chose and sworn. An affirmative vote of three-
fifths of 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 section.
(e) Suspension of Point of Order.--This section shall not apply if a
declaration of war by Congress is in effect.

SEC. 4105. POINT OF ORDER AGAINST RECONCILIATION AMENDMENTS WITH UNKNOWN
BUDGETARY EFFECTS.

(a) In General.--In the Senate, it shall not be in order to consider
an amendment to or motion on a bill or joint resolution considered
pursuant to section 2001 if the Chairman of the Committee on the Budget
submits a written statement for the Congressional Record indicating that
the Chairman, after consultation with the Ranking Member of the
Committee on the Budget, is unable to determine the effect the amendment
or motion would have on budget authority, outlays, direct spending,
entitlement authority, revenues, deficits, or surpluses.
(b) Supermajority Waiver and Appeal in the Senate.--In the Senate,
subsection (a) may be waived or suspended only by an affirmative vote of
three-fifths of the Members, duly chosen and sworn. An affirmative vote
of three-fifths 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 subsection (a).

SEC. 4106. PAY-AS-YOU-GO POINT OF ORDER IN THE SENATE.

(a) Point of Order.--
(1) In general.--It shall not be in order in the Senate to
consider any direct spending or revenue legislation that would
increase the on-budget deficit or cause an on-budget deficit for
any of the applicable time periods as measured in paragraphs (5)
and (6).
(2) Applicable time periods.--For purposes of this
subsection, the term ``applicable time period'' means any of--
(A) the period of the current fiscal year;
(B) the period of the budget year;
(C) the period of the current fiscal year, the
budget year, and the ensuing 4 fiscal years following
the budget year; or
(D) the period of the current fiscal year, the
budget year, and the ensuing 9 fiscal years following
the budget year.

[[Page 2351]]

(3) Direct spending legislation.--For purposes of this
subsection and except as provided in paragraph (4), the term
``direct spending legislation'' means any bill, joint
resolution, amendment, motion, or conference report that affects
direct spending as that term is defined by, and interpreted for
purposes of, the Balanced Budget and Emergency Deficit Control
Act of 1985 (2 U.S.C. 900 et seq.).
(4) Exclusion.--For purposes of this subsection, the terms
``direct spending legislation'' and ``revenue legislation'' do
not include--
(A) any concurrent resolution on the budget; or
(B) any provision of legislation that affects the
full funding of, and continuation of, the deposit
insurance guarantee commitment in effect on November 5,
1990.
(5) Baseline.--Estimates prepared pursuant to this
subsection shall--
(A) use the baseline surplus or deficit used for the
most recently adopted concurrent resolution on the
budget; and
(B) be calculated under the requirements of
subsections (b) through (d) of section 257 of the
Balanced Budget and Emergency Deficit Control Act of
1985 (as in effect prior to September 30, 2002) for
fiscal years beyond those covered by that concurrent
resolution on the budget.
(6) Prior surplus.--If direct spending or revenue
legislation increases the on-budget deficit or causes an on-
budget deficit when taken individually, it must also increase
the on-budget deficit or cause an on-budget deficit when taken
together with all direct spending and revenue legislation
enacted since the beginning of the calendar year not accounted
for in the baseline under paragraph (5)(A), except that direct
spending or revenue effects resulting in net deficit reduction
enacted in any bill pursuant to a reconciliation instruction
since the beginning of that same calendar year shall never be
made available on the pay-as-you-go ledger and shall be
dedicated only for deficit reduction.
(b) Supermajority Waiver and Appeals.--
(1) Waiver.--This section may be waived or suspended in the
Senate only by the affirmative vote of three-fifths of the
Members, duly chosen and sworn.
(2) Appeals.--Appeals in the Senate from the decisions of
the Chair relating to any provision of this section shall be
limited to 1 hour, to be equally divided between, and controlled
by, the appellant and the manager of the bill or joint
resolution, as the case may be. An affirmative vote of three-
fifths of the Members of the Senate, duly chosen and sworn,
shall be required to sustain an appeal of the ruling of the
Chair on a point of order raised under this section.
(c) Determination of Budget Levels.--For purposes of this section,
the levels of new budget authority, outlays, and revenues for a fiscal
year shall be determined on the basis of estimates made by the Senate
Committee on the Budget.
(d) Repeal.--In the Senate, section 201 of S. Con. Res. 21 (110th
Congress), the concurrent resolution on the budget for fiscal year 2008,
shall no longer apply.

[[Page 2352]]

SEC. 4107. HONEST ACCOUNTING: COST ESTIMATES FOR MAJOR LEGISLATION TO
INCORPORATE MACROECONOMIC EFFECTS.

(a) CBO and JCT Estimates.--During the 115th Congress, any estimate
provided by the Congressional Budget Office under section 402 of the
Congressional Budget Act of 1974 (2 U.S.C. 653) or by the Joint
Committee on Taxation to the Congressional Budget Office under section
201(f) of such Act (2 U.S.C. 601(f)) for major legislation considered in
the Senate shall, to the greatest extent practicable, incorporate the
budgetary effects of changes in economic output, employment, capital
stock, and other macroeconomic variables resulting from such major
legislation.
(b) Contents.--Any estimate referred to in subsection (a) shall, to
the extent practicable, include--
(1) a qualitative assessment of the budgetary effects
(including macroeconomic variables described in subsection (a))
of the major legislation in the 20-fiscal year period beginning
after the last fiscal year of the most recently agreed to
concurrent resolution on the budget that sets forth budgetary
levels required under section 301 of the Congressional Budget
Act of 1974 (2 U.S.C. 632); and
(2) an identification of the critical assumptions and the
source of data underlying that estimate.
(c) Distributional Effects.--Any estimate referred to in subsection
(a) shall, to the extent practicable, include the distributional effects
across income categories resulting from major legislation.
(d) Definitions.--In this section:
(1) Major legislation.--The term ``major legislation'' means
a bill, joint resolution, conference report, amendment,
amendment between the Houses, or treaty considered in the
Senate--
(A) for which an estimate is required to be prepared
pursuant to section 402 of the Congressional Budget Act
of 1974 (2 U.S.C. 653) and that causes a gross budgetary
effect (before incorporating macroeconomic effects and
not including timing shifts) in a fiscal year in the
period of years of the most recently agreed to
concurrent resolution on the budget equal to or greater
than--
(i) 0.25 percent of the current projected
gross domestic product of the United States for
that fiscal year; or
(ii) for a treaty, equal to or greater than
$15,000,000,000 for that fiscal year; or
(B) designated as such by--
(i) the Chairman of the Committee on the
Budget of the Senate for all direct spending and
revenue legislation; or
(ii) the Senator who is Chairman or Vice
Chairman of the Joint Committee on Taxation for
revenue legislation.
(2) Budgetary effects.--The term ``budgetary effects'' means
changes in revenues, direct spending outlays, and deficits.
(3) Timing shifts.--The term ``timing shifts'' means--
(A) provisions that cause a delay of the date on
which outlays flowing from direct spending would
otherwise occur from one fiscal year to the next fiscal
year; or

[[Page 2353]]

(B) provisions that cause an acceleration of the
date on which revenues would otherwise occur from one
fiscal year to the prior fiscal year.

SEC. 4108. ADJUSTMENT AUTHORITY FOR AMENDMENTS TO STATUTORY CAPS.

During the 115th Congress, if a measure becomes law that amends the
discretionary spending limits established under section 251(c) of the
Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
901(c)), such as a measure increasing the limit for the revised security
category for fiscal year 2018 to be $640,000,000,000, the Chairman of
the Committee on the Budget of the Senate may adjust the allocation
called for under section 302(a) of the Congressional Budget Act of 1974
(2 U.S.C. 633(a)) to the appropriate committee or committees of the
Senate, and may adjust all other budgetary aggregates, allocations,
levels, and limits contained in this resolution, as necessary,
consistent with such measure.

SEC. 4109. ADJUSTMENT FOR WILDFIRE SUPPRESSION FUNDING IN THE SENATE.

During the 115th Congress, if a measure becomes law that amends the
adjustments to discretionary spending limits established under section
251(b) of the Balanced Budget and Emergency Deficit Control Act of 1985
(2 U.S.C. 901(b)) to provide for wildfire suppression funding, which may
include criteria for making such an adjustment, the Chairman of the
Committee on the Budget of the Senate may adjust the allocation called
for in section 302(a) of the Congressional Budget Act of 1974 (2 U.S.C.
633(a)) to the appropriate committee or committees of the Senate, and
may adjust all other budgetary aggregates, allocations, levels, and
limits contained in this concurrent resolution, as necessary, consistent
with such measure.

SEC. 4110. ADJUSTMENT FOR IMPROVED OVERSIGHT OF SPENDING.

(a) Adjustments of Direct Spending Levels.--If a measure becomes law
that decreases direct spending (budget authority and outlays flowing
therefrom) for any fiscal year and provides for an authorization of
appropriations for the same purpose, the Chairman of the Committee on
the Budget of the Senate may decrease the allocation to the committee of
the Senate with jurisdiction of the direct spending by an amount equal
to the amount of the decrease in direct spending and may revise the
aggregates and other appropriate levels in this resolution and make
adjustments to the pay-as-you-go ledger in the amounts necessary to
accommodate the decrease in direct spending.
(b) Determinations.--For purposes of this section, the levels of
budget authority and outlays shall be determined on the basis of
estimates submitted by the Chairman of the Committee on the Budget of
the Senate.

SEC. 4111. REPEAL OF CERTAIN LIMITATIONS.

Sections 3205 and 3206 of S. Con. Res. 11 (114th Congress), the
concurrent resolution on the budget for fiscal year 2016, are repealed.

[[Page 2354]]

SEC. 4112. 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, amendment, amendment between the Houses, or conference
report shall not count for purposes of sections 302 and 311 of the
Congressional Budget Act of 1974 (2 U.S.C. 633 and 642), section 4106 of
this resolution, section 3101 of S. Con. Res. 11 (114th Congress), the
concurrent resolution on the budget for fiscal year 2016, and sections
401 and 404 of S. Con. Res. 13 (111th Congress), the concurrent
resolution on the budget for fiscal year 2010. 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 (2 U.S.C.
632(b)(7)) for deficit-neutral reserve funds and revising discretionary
spending limits set pursuant to section 301 of S. Con. Res. 13 (111th
Congress), the concurrent resolution on the budget for fiscal year 2010.
(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, amendment
between the Houses, 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 (2 U.S.C. 900 et seq.).
(e) Point of Order.--
(1) In general.--When the Senate is considering a bill,
resolution, amendment, motion, amendment between the Houses, 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
three-fifths 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 three-fifths of the
Members of the Senate, duly chosen and sworn, shall be
required to sustain an appeal

[[Page 2355]]

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 (2 U.S.C.
644(e)).
(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. In
any case in which such point of order is sustained against a
conference report (or Senate amendment derived from such
conference report by operation of this subsection), no further
amendment shall be in order.
(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 paragraph (2), 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. 4113. ENFORCEMENT FILING IN THE SENATE.

If this concurrent resolution on the budget is agreed to by the
Senate and House of Representatives without the appointment of a
committee of conference on the disagreeing votes of the two Houses, the
Chairman of the Committee on the Budget of the Senate may submit a
statement for publication in the Congressional Record containing--
(1) for the Committee on Appropriations, committee
allocations for fiscal year 2018 consistent with the levels in
title I for the purpose of enforcing section 302 of the
Congressional Budget Act of 1974 (2 U.S.C. 633);

[[Page 2356]]

(2) for all committees other than the Committee on
Appropriations, committee allocations for fiscal years 2018,
2018 through 2022, and 2018 through 2027 consistent with the
levels in title I for the purpose of enforcing section 302 of
the Congressional Budget Act of 1974 (2 U.S.C. 633); and
(3) a list of programs, projects, activities, or accounts
identified for advanced appropriations that would have been
identified in the joint explanatory statement of managers
accompanying this concurrent resolution.

Subtitle B--Other Provisions

SEC. 4201. OVERSIGHT OF GOVERNMENT PERFORMANCE.

In the Senate, all committees are directed to 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. Committees are also directed to review the matters for
congressional consideration identified in the Office of Inspector
General semiannual reports and the Office of Inspector General's list of
unimplemented recommendations and on the Government Accountability
Office's High Risk list and the annual report to reduce program
duplication. Based on these oversight efforts and performance reviews of
programs within their jurisdiction, committees are directed to 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 (2 U.S.C. 632(d)) to the Committees on
the Budget.

SEC. 4202. BUDGETARY TREATMENT OF CERTAIN DISCRETIONARY ADMINISTRATIVE
EXPENSES.

(a) In General.--In the Senate, notwithstanding section 302(a)(1) of
the Congressional Budget Act of 1974 (2 U.S.C. 633(a)(1)), section 13301
of the Budget Enforcement Act of 1990 (2 U.S.C. 632 note), 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 Budget Act of 1974 (2 U.S.C. 633(a)) to the Committees on
Appropriations amounts for the discretionary administrative expenses of
the Social Security Administration and of the Postal Service.
(b) Special Rule.--In the Senate, for purposes of enforcing sections
302(f) of the Congressional Budget Act of 1974 (2 U.S.C. 633(f)),
estimates of the level of total new budget authority and total outlays
provided by a measure shall include any discretionary amounts described
in subsection (a).

SEC. 4203. 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.

[[Page 2357]]

(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 (2
U.S.C. 621 et seq.) 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. 4204. 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 (2 U.S.C. 901(b)).

SEC. 4205. ADJUSTMENTS TO REFLECT LEGISLATION NOT INCLUDED IN THE
BASELINE.

The Chairman of the Committee on the Budget of the Senate may make
adjustments to the levels and allocations in this resolution to reflect
legislation enacted before the date on which this resolution is agreed
to by Congress that is not incorporated in the baseline underlying the
Congressional Budget Office's June 2017 update to the Budget and
Economic Outlook: 2017 to 2027.

SEC. 4206. EXERCISE OF RULEMAKING POWERS.

Congress adopts the provisions of this title--
(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 V--BUDGET PROCESS IN THE HOUSE OF REPRESENTATIVES

Subtitle A--Budget Enforcement

SEC. 5101. POINT OF ORDER AGAINST INCREASING LONG-TERM DIRECT SPENDING.

(a) Point of Order.--It shall not be in order in the House of
Representatives to consider any bill or joint resolution, or amendment
thereto or conference report thereon, that would cause a net increase in
direct spending in excess of $2,500,000,000 in any of the 4 consecutive
10-fiscal year periods described in subsection (b).

[[Page 2358]]

(b) Congressional Budget Office Analysis of Proposals.--The Director
of the Congressional Budget Office shall, to the extent practicable,
prepare an estimate of whether a bill or joint resolution reported by a
committee (other than the Committee on Appropriations), or amendment
thereto or conference report thereon, would cause, relative to current
law, a net increase in direct spending in the House of Representatives,
in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year
periods beginning after the last fiscal year of this concurrent
resolution.
(c) Limitation.--In the House of Representatives, the provisions of
this section shall not apply to any bills or joint resolutions, or
amendments thereto or conference reports thereon, for which the chair of
the Committee on the Budget has made adjustments to the allocations,
aggregates, or other budgetary levels in this concurrent resolution.
(d) Determinations of Budget Levels.--For purposes of this section,
the levels of net increases in direct spending shall be determined on
the basis of estimates provided by the chair of the Committee on the
Budget of the House of Representatives.
(e) Sunset.--This section shall have no force or effect after
September 30, 2018.

SEC. 5102. ALLOCATION FOR OVERSEAS CONTINGENCY OPERATIONS/GLOBAL WAR ON
TERRORISM.

(a) Separate Allocation for Overseas Contingency Operations/Global
War on Terrorism.--In the House of Representatives, there shall be a
separate allocation of new budget authority and outlays provided to the
Committee on Appropriations for the purposes of Overseas Contingency
Operations/Global War on Terrorism, which shall be deemed to be an
allocation under section 302(a) of the Congressional Budget Act of 1974.
Section 302(a)(3) of such Act shall not apply to such separate
allocation.
(b) Section 302 Allocations.--The separate allocation referred to in
subsection (a) shall be the exclusive allocation for Overseas
Contingency Operations/Global War on Terrorism under section 302(b) of
the Congressional Budget Act of 1974. The Committee on Appropriations of
the House of Representatives may provide suballocations of such separate
allocation under such section 302(b).
(c) Application.--For purposes of enforcing the separate allocation
referred to in subsection (a) under section 302(f) of the Congressional
Budget Act of 1974, the ``first fiscal year'' and the ``total of fiscal
years'' shall be deemed to refer to fiscal year 2018. Section 302(c) of
such Act shall not apply to such separate allocation.
(d) Designations.--New budget authority or outlays shall only be
counted toward the allocation referred to in subsection (a) if
designated pursuant to section 251(b)(2)(A)(ii) of the Balanced Budget
and Emergency Deficit Control Act of 1985.
(e) Adjustments.--For purposes of subsection (a) for fiscal year
2018, no adjustment shall be made under section 314(a) of the
Congressional Budget Act of 1974 if any adjustment would be made under
section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit
Control Act of 1985.

SEC. 5103. LIMITATION ON CHANGES IN CERTAIN MANDATORY PROGRAMS.

(a) Definition.--In this section, the term ``change in mandatory
programs'' means a provision that--

[[Page 2359]]

(1) would have been estimated as affecting direct spending
or receipts under section 252 of the Balanced Budget and
Emergency Deficit Control Act of 1985 (as in effect prior to
September 30, 2002) if the provision were included in
legislation other than appropriation Acts; and
(2) results in a net decrease in budget authority in the
budget year, but does not result in a net decrease in outlays
over the total of the current year, the budget year, and all
fiscal years covered under the most recently agreed to
concurrent resolution on the budget.
(b) Point of Order in the House of Representatives.--
(1) In general.--A provision in a bill or joint resolution
making appropriations for a full fiscal year that proposes a
change in mandatory programs that, if enacted, would cause the
absolute value of the total budget authority of all such changes
in mandatory programs enacted in relation to a full fiscal year
to be more than the amount specified in paragraph (3), shall not
be in order in the House of Representatives.
(2) Amendments and conference reports.--It shall not be in
order in the House of Representatives to consider an amendment
to, or a conference report on, a bill or joint resolution making
appropriations for a full fiscal year if such amendment thereto
or conference report thereon proposes a change in mandatory
programs that, if enacted, would cause the absolute value of the
total budget authority of all such changes in mandatory programs
enacted in relation to a full fiscal year to be more than the
amount specified in paragraph (3).
(3) Amount.--The amount specified in this paragraph is--
(A) for fiscal year 2018, $19,100,000,000;
(B) for fiscal year 2019, $17,000,000,000; and
(C) for fiscal year 2020, $15,000,000,000.
(c) Determination.--For purposes of this section, budgetary levels
shall be determined on the basis of estimates provided by the chair of
the Committee on the Budget of the House of Representatives.

SEC. 5104. LIMITATION ON ADVANCE APPROPRIATIONS.

(a) In General.--In the House of Representatives, except as provided
for in subsection (b), any general appropriation bill or bill or joint
resolution continuing appropriations, or amendment thereto or conference
report thereon, may not provide advance appropriations.
(b) Exceptions.--An advance appropriation may be provided for
programs, projects, activities, or accounts identified in the report or
the joint explanatory statement of managers, as applicable, accompanying
this concurrent resolution under the following headings:
(1) General.--``Accounts Identified for Advance
Appropriations''.
(2) Veterans.--``Veterans Accounts Identified for Advance
Appropriations''.
(c) Limitations.--The aggregate level of advance appropriations
shall not exceed the following:
(1) General.--$28,852,000,000 in new budget authority for
all programs identified pursuant to subsection (b)(1).

[[Page 2360]]

(2) Veterans.--$70,699,313,000 in new budget authority for
programs in the Department of Veterans Affairs identified
pursuant to subsection (b)(2).
(d) Definition.--In this section, the term ``advance appropriation''
means any new discretionary budget authority provided in a general
appropriation bill or joint resolution continuing appropriations for
fiscal year 2018, or any amendment thereto or conference report thereon,
that first becomes available for the first fiscal year following fiscal
year 2018.

SEC. 5105. ESTIMATES OF DEBT SERVICE COSTS.

In the House of Representatives, the chair of the Committee on the
Budget may direct the Congressional Budget Office to include, in any
estimate prepared under section 402 of the Congressional Budget Act of
1974 with respect to any bill or joint resolution, an estimate of any
change in debt service costs resulting from carrying out such bill or
resolution. Any estimate of debt service costs provided under this
section shall be advisory and shall not be used for purposes of
enforcement of such Act, the Rules of the House of Representatives, or
this concurrent resolution. This section shall not apply to
authorizations of programs funded by discretionary spending or to
appropriation bills or joint resolutions, but shall apply to changes in
the authorization level of appropriated entitlements.

SEC. 5106. FAIR-VALUE CREDIT ESTIMATES.

(a) All Credit Programs.--Whenever the Director of the Congressional
Budget Office provides an estimate of any measure that establishes or
modifies any program providing loans or loan guarantees, the Director
shall also, to the extent practicable, provide a fair-value estimate of
such loan or loan guarantee program if requested by the chair of the
Committee on the Budget of the House of Representatives.
(b) Student Financial Assistance and Housing Programs.--The Director
of the Congressional Budget Office shall provide, to the extent
practicable, a fair-value estimate as part of any estimate for any
measure that establishes or modifies a loan or loan guarantee program
for student financial assistance or housing (including residential
mortgage).
(c) Baseline Estimates.--The Congressional Budget Office shall
include estimates, on a fair-value and credit reform basis, of loan and
loan guarantee programs for student financial assistance, housing
(including residential mortgage), and such other major loan and loan
guarantee programs, as practicable, in its The Budget and Economic
Outlook: 2018 to 2027.
(d) Enforcement in the House of Representatives.--If the Director of
the Congressional Budget Office provides an estimate pursuant to
subsection (a) or (b), the chair of the Committee on the Budget of the
House of Representatives may use such estimate to determine compliance
with the Congressional Budget Act of 1974 and other budget enforcement
requirements.

SEC. 5107. ESTIMATES OF MACROECONOMIC EFFECTS OF MAJOR LEGISLATION.

(a) CBO and JCT Estimates.--During the 115th Congress, any estimate
of major legislation considered in the House of Representatives provided
by the Congressional Budget Office under section

[[Page 2361]]

402 of the Congressional Budget Act of 1974 or by the Joint Committee on
Taxation to the Congressional Budget Office under section 201(f) of such
Act shall, to the extent practicable, incorporate the budgetary effects
of changes in economic output, employment, capital stock, and other
macroeconomic variables resulting from such major legislation.
(b) Contents.--Any estimate referred to in subsection (a) shall, to
the extent practicable, include--
(1) a qualitative assessment of the budgetary effects
(including macroeconomic variables described in subsection (a))
of the major legislation in the 20-fiscal year period beginning
after the last fiscal year of the most recently agreed to
concurrent resolution on the budget that sets forth budgetary
levels required under section 301 of the Congressional Budget
Act of 1974; and
(2) an identification of the critical assumptions and the
source of data underlying that estimate.
(c) Definitions.--In this section:
(1) Major legislation.--The term ``major legislation'' means
a bill or joint resolution, or amendment thereto or conference
report thereon--
(A) for which an estimate is required to be prepared
pursuant to section 402 of the Congressional Budget Act
of 1974 (2 U.S.C. 653) and that causes a gross budgetary
effect (before incorporating macroeconomic effects and
not including timing shifts) in a fiscal year in the
period of years of the most recently agreed to
concurrent resolution on the budget equal to or greater
than 0.25 percent of the current projected gross
domestic product of the United States for that fiscal
year; or
(B) designated as such by--
(i) the chair of the Committee on the Budget
of the House of Representatives for all direct
spending legislation; or
(ii) the Member who is Chairman or Vice
Chairman of the Joint Committee on Taxation for
revenue legislation.
(2) Budgetary effects.--The term ``budgetary effects'' means
changes in revenues, direct spending outlays, and deficits.
(3) Timing shifts.--The term ``timing shifts'' means--
(A) provisions that cause a delay of the date on
which outlays flowing from direct spending would
otherwise occur from one fiscal year to the next fiscal
year; or
(B) provisions that cause an acceleration of the
date on which revenues would otherwise occur from one
fiscal year to the prior fiscal year.

SEC. 5108. ADJUSTMENTS FOR IMPROVED CONTROL OF BUDGETARY RESOURCES.

(a) Adjustments of Discretionary and Direct Spending Levels.--In the
House of Representatives, if a committee (other than the Committee on
Appropriations) reports a bill or joint resolution, or an amendment
thereto is offered or conference report thereon is submitted, providing
for a decrease in direct spending (budget authority and outlays flowing
therefrom) for any fiscal year and also provides for an authorization of
appropriations for

[[Page 2362]]

the same purpose, upon the enactment of such measure, the chair of the
Committee on the Budget may decrease the allocation to the applicable
authorizing committee that reports such measure and increase the
allocation of discretionary spending (budget authority and outlays
flowing therefrom) to the Committee on Appropriations for fiscal year
2018 by an amount equal to the new budget authority (and outlays flowing
therefrom) provided for in a bill or joint resolution making
appropriations for the same purpose.
(b) Determinations.--In the House of Representatives, for purposes
of enforcing this concurrent resolution, the allocations and aggregate
levels of new budget authority, outlays, direct spending, revenues,
deficits, and surpluses for fiscal year 2018 and the total of fiscal
years 2018 through 2027 shall be determined on the basis of estimates
made by the chair of the Committee on the Budget and such chair may
adjust the applicable levels in this concurrent resolution.

SEC. 5109. SCORING RULE FOR ENERGY SAVINGS PERFORMANCE CONTRACTS.

(a) In General.--The Director of the Congressional Budget Office
shall estimate provisions of any bill or joint resolution, or amendment
thereto or conference report thereon, that provides the authority to
enter into or modify any covered energy savings contract on a net
present value basis (NPV).
(b) NPV Calculations.--The net present value of any covered energy
savings contract shall be calculated as follows:
(1) The discount rate shall reflect market risk.
(2) The cash flows shall include, whether classified as
mandatory or discretionary, payments to contractors under the
terms of their contracts, payments to contractors for other
services, and direct savings in energy and energy-related costs.
(3) The stream of payments shall cover the period covered by
the contracts but not to exceed 25 years.
(c) Definition.--As used in this section, the term ``covered energy
savings contract'' means--
(1) an energy savings performance contract authorized under
section 801 of the National Energy Conservation Policy Act; or
(2) a utility energy service contract, as described in the
Office of Management and Budget Memorandum on Federal Use of
Energy Savings Performance Contracting, dated July 25, 1998 (M-
98-13), and the Office of Management and Budget Memorandum on
the Federal Use of Energy Saving Performance Contracts and
Utility Energy Service Contracts, dated September 28, 2015 (M-
12-21), or any successor to either memorandum.
(d) Enforcement in the House of Representatives.--In the House of
Representatives, if any net present value of any covered energy savings
contract calculated under subsection (b) results in a net savings, then
the budgetary effects of such contract shall not be counted for purposes
of titles III and IV of the Congressional Budget Act of 1974, this
concurrent resolution, or clause 10 of rule XXI of the Rules of the
House of Representatives.
(e) Classification of Spending.--For purposes of budget enforcement,
the estimated net present value of the budget

[[Page 2363]]

authority provided by the measure, and outlays flowing therefrom, shall
be classified as direct spending.
(f) Sense of the House of Representatives.--It is the sense of the
House of Representatives that--
(1) the Director of the Office of Management and Budget, in
consultation with the Director of the Congressional Budget
Office, should separately identify the cash flows under
subsection (b)(2) and include such information in the
President's annual budget submission under section 1105(a) of
title 31, United States Code; and
(2) the scoring method used in this section should not be
used to score any contracts other than covered energy savings
contracts.

SEC. 5110. LIMITATION ON TRANSFERS FROM THE GENERAL FUND OF THE TREASURY
TO THE HIGHWAY TRUST FUND.

In the House of Representatives, for purposes of the Congressional
Budget Act of 1974, the Balanced Budget and Emergency Deficit Control
Act of 1985, and the rules or orders of the House of Representatives, a
bill or joint resolution, or an amendment thereto or conference report
thereon, that transfers funds from the general fund of the Treasury to
the Highway Trust Fund shall be counted as new budget authority and
outlays equal to the amount of the transfer in the fiscal year the
transfer occurs.

SEC. 5111. PROHIBITION ON USE OF FEDERAL RESERVE SURPLUSES AS AN OFFSET.

In the House of Representatives, any provision of a bill or joint
resolution, or amendment thereto or conference report thereon, that
transfers any portion of the net surplus of the Federal Reserve System
to the general fund of the Treasury shall not be counted for purposes of
enforcing the Congressional Budget Act of 1974, this concurrent
resolution, or clause 10 of rule XXI of the Rules of the House of
Representatives.

SEC. 5112. PROHIBITION ON USE OF GUARANTEE FEES AS AN OFFSET.

In the House of Representatives, any provision of a bill or joint
resolution, or amendment thereto or conference report thereon, that
increases, or extends the increase of, any guarantee fees of the Federal
National Mortgage Association (Fannie Mae) or the Federal Home Loan
Mortgage Corporation (Freddie Mac) shall not be counted for purposes of
enforcing the Congressional Budget Act of 1974, this concurrent
resolution, or clause 10 of rule XXI of the Rules of the House of
Representatives.

SEC. 5113. MODIFICATION OF RECONCILIATION IN THE HOUSE OF
REPRESENTATIVES.

(a) In General.--Section 2002 shall have no force or effect.
(b) Reconciliation in the House of Representatives.--Not later than
November 13, 2017, the Committee on Ways and Means of the House of
Representatives shall report to the House of Representatives changes in
laws within its jurisdiction that increase the deficit by not more than
$1,500,000,000,000 for the period of fiscal years 2018 through 2027.

[[Page 2364]]

Subtitle B--Other Provisions

SEC. 5201. BUDGETARY TREATMENT OF ADMINISTRATIVE EXPENSES.

(a) In General.--In the House of Representatives, notwithstanding
section 302(a)(1) of the Congressional Budget Act of 1974, section 13301
of the Budget Enforcement Act of 1990, and section 2009a of title 39,
United States Code, the report or the joint explanatory statement, as
applicable, accompanying this concurrent resolution shall include in its
allocation to the Committee on Appropriations under section 302(a) of
the Congressional Budget Act of 1974 amounts for the discretionary
administrative expenses of the Social Security Administration and the
United States Postal Service.
(b) Special Rule.--In the House of Representatives, for purposes of
enforcing section 302(f) of the Congressional Budget Act of 1974,
estimates of the levels of total new budget authority and total outlays
provided by a measure shall include any discretionary amounts described
in subsection (a).

SEC. 5202. APPLICATION AND EFFECT OF CHANGES IN ALLOCATIONS AND
AGGREGATES.

(a) Application.--In the House of Representatives, any adjustments
of the allocations, aggregates, and other budgetary levels made pursuant
to this concurrent 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
the allocations and aggregates contained in this concurrent resolution.
(c) Budget Committee Determinations.--For purposes of this
concurrent resolution, the budgetary levels for a fiscal year or period
of fiscal years shall be determined on the basis of estimates made by
the chair of the Committee on the Budget of the House of
Representatives.
(d) Aggregates, Allocations and Application.--In the House of
Representatives, for purposes of this concurrent resolution and budget
enforcement, the consideration of any bill or joint resolution, or
amendment thereto or conference report thereon, for which the chair of
the Committee on the Budget makes adjustments or revisions in the
allocations, aggregates, and other budgetary levels of this concurrent
resolution shall not be subject to the points of order set forth in
clause 10 of rule XXI of the Rules of the House of Representatives or
section 5101 of this concurrent resolution.
(e) Other Adjustments.--The chair of the Committee on the Budget of
the House of Representatives may adjust other appropriate levels in this
concurrent resolution depending on congressional action on pending
reconciliation legislation.

SEC. 5203. ADJUSTMENTS TO REFLECT CHANGES IN CONCEPTS AND DEFINITIONS.

In the House of Representatives, the chair of the Committee on the
Budget may adjust the appropriate aggregates, allocations, and other
budgetary levels in this concurrent resolution for any

[[Page 2365]]

change in budgetary concepts and definitions consistent with section
251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of
1985.

SEC. 5204. ADJUSTMENT FOR CHANGES IN THE BASELINE.

In the House of Representatives, the chair of the Committee on the
Budget may adjust the allocations, aggregates, reconciliation targets,
and other appropriate budgetary levels in this concurrent resolution to
reflect changes resulting from the Congressional Budget Office's update
to its baseline for fiscal years 2018 through 2027.

SEC. 5205. APPLICATION OF RULE REGARDING LIMITS ON DISCRETIONARY
SPENDING.

Section 314(f) of the Congressional Budget Act of 1974 shall not
apply in the House of Representatives to any bill, joint resolution, or
amendment that provides new budget authority for a fiscal year or to any
conference report on any such bill or resolution if--
(1) the enactment of that bill or resolution;
(2) the adoption and enactment of that amendment; or
(3) the enactment of that bill or resolution in the form
recommended in that conference report,

would not cause the 302(a) allocation to the Committee on Appropriations
for fiscal year 2018 to be exceeded.

SEC. 5206. ENFORCEMENT FILING IN THE HOUSE.

In the House of Representatives, if a concurrent resolution on the
budget for fiscal year 2018 is adopted without the appointment of a
committee of conference on the disagreeing votes of the two Houses with
respect to this concurrent resolution on the budget, for the purpose of
enforcing the Congressional Budget Act of 1974 and applicable rules and
requirements set forth in the concurrent resolution on the budget, the
allocations and list provided for in this section shall apply in the
House of Representatives in the same manner as if such allocations and
list were in a joint explanatory statement accompanying a conference
report on the budget for fiscal year 2018. The chair of the Committee on
the Budget of the House of Representatives shall submit a statement for
publication in the Congressional Record containing--
(1) for the Committee on Appropriations, committee
allocations for fiscal year 2018 consistent with title I for the
purpose of enforcing section 302 of the Congressional Budget Act
of 1974 (2 U.S.C. 633);
(2) for all committees other than the Committee on
Appropriations, committee allocations consistent with title I
for fiscal year 2018 and for the period of fiscal years 2018
through 2027 for the purpose of enforcing 302 of the
Congressional Budget Act of 1974 (2 U.S.C. 633); and
(3) a list of programs, projects, activities, or accounts
identified for advance appropriations for the purpose of
enforcing section 5104 of this concurrent resolution.

SEC. 5207. EXERCISE OF RULEMAKING POWERS.

The House of Representatives adopts the provisions of this title and
section 2002--
(1) as an exercise of the rulemaking power of the House of
Representatives, and as such they shall be considered as

[[Page 2366]]

part of the rules of the House of Representatives, 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
House of Representatives 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 House of Representatives.

Subtitle C--Adjustment Authority

SEC. 5301. ADJUSTMENT AUTHORITY FOR AMENDMENTS TO STATUTORY CAPS.

During the 115th Congress, if a measure becomes law that amends the
discretionary spending limits established under section 251(c) of the
Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
901(c)), such as a measure increasing the limit for the revised security
category for fiscal year 2018 to be $640,000,000,000, the chair of the
Committee on the Budget of the House of Representatives may adjust the
allocation called for under section 302(a) of the Congressional Budget
Act of 1974 (2 U.S.C. 633(a)) to the appropriate committee or committees
of the House of Representatives, and may adjust all other budgetary
aggregates, allocations, levels, and limits contained in this
resolution, as necessary, consistent with such measure.

Subtitle D--Reserve Funds

SEC. 5401. RESERVE FUND FOR INVESTMENTS IN NATIONAL INFRASTRUCTURE.

In the House of Representatives, the chair of the Committee on the
Budget may adjust the allocations, aggregates, and other appropriate
levels in this concurrent resolution for any bill or joint resolution,
or amendment thereto or conference report thereon, that invests in
national infrastructure to the extent that such measure is deficit
neutral for the total of fiscal years 2018 through 2027.

SEC. 5402. RESERVE FUND FOR COMPREHENSIVE TAX REFORM.

In the House of Representatives, if the Committee on Ways and Means
reports a bill or joint resolution that provides for comprehensive tax
reform, the chair of the Committee on the Budget may adjust the
allocations, aggregates, and other appropriate budgetary levels in this
concurrent resolution for the budgetary effects of any such bill or
joint resolution, or amendment thereto or conference report thereon, if
such measure would not increase the deficit for the total of fiscal
years 2018 through 2027.

SEC. 5403. RESERVE FUND FOR THE STATE CHILDREN'S HEALTH INSURANCE
PROGRAM.

In the House of Representatives, the chair of the Committee on the
Budget may adjust the allocations, budget aggregates and other
appropriate levels in this concurrent resolution for the budgetary
effects of any bill or joint resolution, or amendment thereto or
conference report thereon, that extends the State Children's Health
Insurance Program allotments, if such measure would not increase the
deficit for the total of fiscal years 2018 through 2027.

[[Page 2367]]

SEC. 5404. RESERVE FUND FOR THE REPEAL OR REPLACEMENT OF PRESIDENT
OBAMA'S HEALTH CARE LAWS.

In the House of Representatives, the chair of the Committee on the
Budget may revise the allocations, aggregates, and other appropriate
budgetary levels in this concurrent resolution for the budgetary effects
of any bill or joint resolution, or amendment thereto or conference
report thereon, that repeals or replaces any provision of the Patient
Protection and Affordable Care Act or title I or subtitle B of title II
of the Health Care and Education Reconciliation Act of 2010 by the
amount of budget authority and outlays flowing therefrom provided by
such measure for such purpose.

Agreed to October 26, 2017.