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H.Con.Res. 67 (eh) [Engrossed in House] ...


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                  In the Senate of the United States,

                                May 25 (legislative day, May 15), 1995.
      Resolved, That the resolution from the House of Representatives 
(H. Con. Res. 67) entitled ``Concurrent resolution setting forth the 
congressional budget for the United States Government for the fiscal 
years 1996, 1997, 1998, 1999, 2000, 2001, and 2002'', do pass with the 
following

                               AMENDMENT:

        Strike out all after the resolving clause and insert:
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 1996.

    (a) Declaration.--The Congress determines and declares that this 
resolution is the concurrent resolution on the budget for fiscal year 
1996, including the appropriate budgetary levels for fiscal years 1997, 
1998, 1999, 2000, 2001, and 2002, as required by section 301 of the 
Congressional Budget Act of 1974.
    (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 1996.

                      TITLE I--LEVELS AND AMOUNTS

Sec. 101. Recommended levels and amounts.
Sec. 102. Debt increase.
Sec. 103. Social Security.
Sec. 104. Major functional categories.
Sec. 105. Reconciliation.

             TITLE II--BUDGETARY RESTRAINTS AND RULEMAKING

Sec. 201. Discretionary spending limits.
Sec. 202. Extension of pay-as-you-go point of order.
Sec. 203. Tax reserve fund in the Senate.
Sec. 204. Budget surplus allowance.
Sec. 205. Scoring of emergency legislation.
Sec. 206. Sale of Government assets.
Sec. 207. Credit reform and guaranteed student loans.
Sec. 208. Extension of Budget Act 60-vote enforcement through 2002.
Sec. 209. Repeal of IRS allowance.
Sec. 210. Exercise of rulemaking powers.

            TITLE III--SENSE OF THE CONGRESS AND THE SENATE

Sec. 301. Restructuring Government and program terminations.
Sec. 302. Sense of the Senate regarding returning programs to the 
                            States.
Sec. 303. Commercialization of Federal activities.
Sec. 304. Nonpartisan Advisory Commission on the CPI.
Sec. 305. Sense of the Congress on a uniform accounting system in the 
                            Federal Government and nonpartisan 
                            commission on accounting and budgeting.
Sec. 306. Sense of the Congress that 90 percent of the benefits of any 
                            tax cuts must go to the middle class.
Sec. 307. Bipartisan Commission on the Solvency of Medicare.
Sec. 308. Sense of the Senate on the distribution of agriculture 
                            savings.
Sec. 309. Sense of the Congress regarding protection of children's 
                            health.
Sec. 310. Sense of the Senate that lobbying expenses should remain 
                            nondeductible.
Sec. 311. Expatriate taxes.
Sec. 312. Sense of the Senate regarding losses of trust funds due to 
                            fraud and abuse in the medicare program.
Sec. 313. Sense of the Congress regarding full funding for Decade of 
                            the Brain research.
Sec. 314. Consideration of the Independent Budget for Veterans Affairs, 
                            Fiscal Year 1996.
Sec. 315. Sense of the Senate regarding the costs of the National Voter 
                            Registration Act of 1993.
Sec. 316. Sense of the Senate regarding Presidential Election Campaign 
                            Fund.
Sec. 317. Sense of Congress regarding funds to defend against sexual 
                            harassment.
Sec. 318. Sense of the Senate regarding financial responsibility to 
                            schools affected by Federal activities.
Sec. 319. Sense of the Senate to eliminate the earnings penalty.
Sec. 320. Student loan cuts.
Sec. 321. Sense of the Senate regarding the nutritional health of 
                            children.
Sec. 322. Sense of the Senate on maintaining Federal funding for law 
                            enforcement.
Sec. 323. Need to enact long term health care reform.
Sec. 324. Sense of the Senate regarding mandatory major assumptions 
                            under function 270: Energy.
Sec. 325. Defense overhead.
Sec. 326. Sense of the Senate regarding the essential air service 
                            program of the Department of 
                            Transportation.
Sec. 327. Sense of the Senate regarding the priority that should be 
                            given to renewable energy and energy 
                            efficiency research, development, and 
                            demonstration activities.
Sec. 328. Foreign Sales Corporations income exclusion.
                      TITLE I--LEVELS AND AMOUNTS

SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

    The following budgetary levels are appropriate for the fiscal years 
1996, 1997, 1998, 1999, 2000, 2001, and 2002:
    (1) Federal Revenues.--(A) For purposes of the enforcement of this 
resolution--
            (i) The recommended levels of Federal revenues are as 
        follows:
                    Fiscal year 1996: $1,043,275,000,000.
                    Fiscal year 1997: $1,083,900,000,000.
                    Fiscal year 1998: $1,135,450,000,000.
                    Fiscal year 1999: $1,189,800,000,000.
                    Fiscal year 2000: $1,248,950,000,000.
                    Fiscal year 2001: $1,315,750,000,000.
                    Fiscal year 2002: $1,386,675,000,000.
            (ii) The amounts by which the aggregate levels of Federal 
        revenues should be changed are as follows:
                    Fiscal year 1996: $275,000,000.
                    Fiscal year 1997: $400,000,000.
                    Fiscal year 1998: $450,000,000.
                    Fiscal year 1999: $2,300,000,000.
                    Fiscal year 2000: $2,750,000,000.
                    Fiscal year 2001: $1,550,000,000.
                    Fiscal year 2002: $1,675,000,000.
            (iii) The amounts for Federal Insurance Contributions Act 
        revenues for hospital insurance within the recommended levels 
        of Federal revenues are as follows:
                    Fiscal year 1996: $103,800,000,000.
                    Fiscal year 1997: $109,000,000,000.
                    Fiscal year 1998: $114,900,000,000.
                    Fiscal year 1999: $120,700,000,000.
                    Fiscal year 2000: $126,900,000,000.
                    Fiscal year 2001: $133,600,000,000.
                    Fiscal year 2002: $140,400,000,000.
    (B) For purposes of section 710 of the Social Security Act 
(excluding the receipts and disbursements of the Hospital Insurance 
Trust Fund)--
            (i) The recommended levels of Federal revenues are as 
        follows:
                    Fiscal year 1996: $938,600,000,000.
                    Fiscal year 1997: $973,800,000,000.
                    Fiscal year 1998: $1,019,300,000,000.
                    Fiscal year 1999: $1,067,700,000,000.
                    Fiscal year 2000: $1,120,500,000,000.
                    Fiscal year 2001: $1,180,600,000,000.
                    Fiscal year 2002: $1,244,600,000,000.
            (ii) The amounts by which the aggregate levels of Federal 
        revenues should be changed are as follows:
                    Fiscal year 1996: -$595,000,000.
                    Fiscal year 1997: -$701,000,000.
                    Fiscal year 1998: -$793,000,000.
                    Fiscal year 1999: $902,000,000.
                    Fiscal year 2000: $1,201,000,000.
                    Fiscal year 2001: $11,000,000.
                    Fiscal year 2002: -$6,000,000.
    (2) New Budget Authority.--(A) For purposes of the enforcement of 
this resolution, the appropriate levels of total new budget authority 
are as follows:
                    Fiscal year 1996: $1,269,375,000,000.
                    Fiscal year 1997: $1,296,400,000,000.
                    Fiscal year 1998: $1,344,650,000,000.
                    Fiscal year 1999: $1,387,300,000,000.
                    Fiscal year 2000: $1,446,350,000,000.
                    Fiscal year 2001: $1,473,550,000,000.
                    Fiscal year 2002: $1,519,775,000,000.
    (B) For purposes of section 710 of the Social Security Act 
(excluding the receipts and disbursements of the Hospital Insurance 
Trust Fund), the appropriate levels of total new budget authority are 
as follows:
                    Fiscal year 1996: $1,171,200,000,000.
                    Fiscal year 1997: $1,194,800,000,000.
                    Fiscal year 1998: $1,237,000,000,000.
                    Fiscal year 1999: $1,272,500,000,000.
                    Fiscal year 2000: $1,324,400,000,000.
                    Fiscal year 2001: $1,342,400,000,000.
                    Fiscal year 2002: $1,377,900,000,000.
    (3) Budget Outlays.--(A) For purposes of the enforcement of this 
resolution, the appropriate levels of total budget outlays are as 
follows:
                    Fiscal year 1996: $1,275,675,000,000.
                    Fiscal year 1997: $1,293,800,000,000.
                    Fiscal year 1998: $1,321,250,000,000.
                    Fiscal year 1999: $1,368,500,000,000.
                    Fiscal year 2000: $1,423,850,000,000.
                    Fiscal year 2001: $1,452,550,000,000.
                    Fiscal year 2002: $1,500,175,000,000.
    (B) For purposes of section 710 of the Social Security Act 
(excluding the receipts and disbursements of the Hospital Insurance 
Trust Fund), the appropriate levels of total budget outlays are as 
follows:
                    Fiscal year 1996: $1,179,200,000,000.
                    Fiscal year 1997: $1,193,200,000,000.
                    Fiscal year 1998: $1,214,600,000,000.
                    Fiscal year 1999: $1,255,500,000,000.
                    Fiscal year 2000: $1,302,900,000,000.
                    Fiscal year 2001: $1,322,500,000,000.
                    Fiscal year 2002: $1,359,500,000,000.
    (4) Deficits.--(A) For purposes of the enforcement of this 
resolution, the amounts of the deficits are as follows:
                    Fiscal year 1996: $232,400,000,000.
                    Fiscal year 1997: $209,900,000,000.
                    Fiscal year 1998: $185,800,000,000.
                    Fiscal year 1999: $178,700,000,000.
                    Fiscal year 2000: $174,900,000,000.
                    Fiscal year 2001: $136,800,000,000.
                    Fiscal year 2002: $113,500,000,000.
    (B) For purposes of section 710 of the Social Security Act 
(excluding the receipts and disbursements of the Hospital Insurance 
Trust Fund), the amounts of the deficits are as follows:
                    Fiscal year 1996: $240,600,000,000.
                    Fiscal year 1997: $219,400,000,000.
                    Fiscal year 1998: $195,300,000,000.
                    Fiscal year 1999: $187,800,000,000.
                    Fiscal year 2000: $182,400,000,000.
                    Fiscal year 2001: $141,900,000,000.
                    Fiscal year 2002: $114,900,000,000.
    (5) Public Debt.--The appropriate levels of the public debt are as 
follows:
                    Fiscal year 1996: $5,201,700,000,000.
                    Fiscal year 1997: $5,481,000,000,000.
                    Fiscal year 1998: $5,734,900,000,000.
                    Fiscal year 1999: $5,980,000,000,000.
                    Fiscal year 2000: $6,219,000,000,000.
                    Fiscal year 2001: $6,421,800,000,000.
                    Fiscal year 2002: $6,599,500,000,000.
    (6) Direct Loan Obligations.--The appropriate levels of total new 
direct loan obligations are as follows:
                    Fiscal year 1996: $37,600,000,000.
                    Fiscal year 1997: $40,200,000,000.
                    Fiscal year 1998: $42,300,000,000.
                    Fiscal year 1999: $45,700,000,000.
                    Fiscal year 2000: $45,800,000,000.
                    Fiscal year 2001: $45,800,000,000.
                    Fiscal year 2002: $46,100,000,000.
    (7) Primary Loan Guarantee Commitments.--The appropriate levels of 
new primary loan guarantee commitments are as follows:
                    Fiscal year 1996: $193,400,000,000.
                    Fiscal year 1997: $187,900,000,000.
                    Fiscal year 1998: $185,300,000,000.
                    Fiscal year 1999: $183,300,000,000.
                    Fiscal year 2000: $184,700,000,000.
                    Fiscal year 2001: $186,100,000,000.
                    Fiscal year 2002: $187,600,000,000.

SEC. 102. DEBT INCREASE.

    The amounts of the increase in the public debt subject to 
limitation are as follows:
                    Fiscal year 1996: $298,700,000,000.
                    Fiscal year 1997: $279,300,000,000.
                    Fiscal year 1998: $253,900,000,000.
                    Fiscal year 1999: $245,100,000,000.
                    Fiscal year 2000: $239,000,000,000.
                    Fiscal year 2001: $202,800,000,000.
                    Fiscal year 2002: $177,700,000,000.

SEC. 103. SOCIAL SECURITY.

    (a) Social Security Revenues.--For purposes of Senate enforcement 
under sections 302 and 311 of the Congressional Budget Act of 1974, the 
amounts of revenues of the Federal Old-Age and Survivors Insurance 
Trust Fund and the Federal Disability Insurance Trust Fund are as 
follows:
                    Fiscal year 1996: $374,700,000,000.
                    Fiscal year 1997: $392,000,000,000.
                    Fiscal year 1998: $411,400,000,000.
                    Fiscal year 1999: $430,900,000,000.
                    Fiscal year 2000: $452,000,000,000.
                    Fiscal year 2001: $475,200,000,000.
                    Fiscal year 2002: $498,600,000,000.
    (b) Social Security Outlays.--For purposes of Senate enforcement 
under sections 302 and 311 of the Congressional Budget Act of 1974, the 
amounts of outlays of the Federal Old-Age and Survivors Insurance Trust 
Fund and the Federal Disability Insurance Trust Fund are as follows:
                    Fiscal year 1996: $299,400,000,000.
                    Fiscal year 1997: $310,900,000,000.
                    Fiscal year 1998: $324,600,000,000.
                    Fiscal year 1999: $338,500,000,000.
                    Fiscal year 2000: $353,100,000,000.
                    Fiscal year 2001: $368,100,000,000.
                    Fiscal year 2002: $383,800,000,000.

SEC. 104. MAJOR FUNCTIONAL CATEGORIES.

    The Congress determines and declares that the appropriate levels of 
new budget authority, budget outlays, new direct loan obligations, and 
new primary loan guarantee commitments for fiscal years 1996 through 
2002 for each major functional category are:
    (1) National Defense (050):
            Fiscal year 1996:
                    (A) New budget authority, $257,700,000,000.
                    (B) Outlays, $261,100,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 
                $1,700,000,000.
            Fiscal year 1997:
                    (A) New budget authority, $253,400,000,000.
                    (B) Outlays, $257,000,000,000.
                    (C) New direct loan obligations, $0.
                    (D) New primary loan guarantee commitments, 

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