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[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 519 Referral Instructions Senate (RIS)]

104th CONGRESS
  1st Session
                                 S. 519

        To require the Government to balance the Federal budget.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                March 9 (legislative day, March 6), 1995

 Mr. Daschle (for himself, Mr. Exon, Mr. Ford, Mr. Conrad, Mr. Dorgan, 
    Mr. Kohl, Mrs. Feinstein, Mr. Bumpers, Mr. Robb, Mr. Kerry, Mr. 
 Feingold, Mr. Harkin, Mr. Reid, Mr. Hollings, Mrs. Boxer, Mr. Levin, 
Mr. Pryor, and Mr. Biden) introduced the following bill; which was read 
twice and referred jointly pursuant to the order of August 4, 1977, to 
      the Committees on the Budget and Governmental Affairs, with 
 instructions that if one committee reports, the other committee have 
                 thirty days to report or be discharged

_______________________________________________________________________

                                 A BILL

 
        To require the Government to balance the Federal budget.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Balanced Budget Act of 1995''.

SEC. 2. ENFORCEMENT OF A BALANCED BUDGET.

    (a) Purpose.--The Congress declares it essential that the 
Congress--
            (1) require that the Government balance the Federal budget 
        without counting the surpluses of the Social Security trust 
        funds;
            (2) set forth with specificity in the first session of the 
        104th Congress the policies that achieving such a balanced 
        budget would require; and
            (3) enforce through the congressional budget process the 
        requirement to achieve a balanced Federal budget.
    (b) Point of Order Against Budget Resolutions That Fail To Set 
Forth a Glide Path to a Balanced Budget.--Section 301 of the 
Congressional Budget Act of 1974 is amended by inserting at the end 
thereof the following new subsection:
    ``(j) Congressional Enforcement of a Balanced Budget.--
            ``(1) Point of order.--It shall not be in order to consider 
        any concurrent resolution on the budget (or amendment, motion, 
        or conference report thereon) unless that resolution--
                    ``(A) sets forth a fiscal year (by 2002 or the 
                earliest possible fiscal year) in which, for the budget 
                as defined by section 13301 of the Budget Enforcement 
                Act of 1990 (excluding the receipts and disbursements 
                of the Federal Old-Age and Survivors Insurance Trust 
                Fund and the Federal Disability Insurance Trust Fund), 
                the level of outlays for that fiscal year or any 
                subsequent fiscal year does not exceed the level of 
                revenues for that fiscal year;
                    ``(B) sets forth appropriate levels for all items 
                described in subsection (a)(1) through (7) for all 
                fiscal years through and including the fiscal year 
                described in paragraph (A); and
                    ``(C) includes specific reconciliation instructions 
                under section 310 to carry out any assumption of 
                either--
                            ``(i) reductions in direct spending, or
                            ``(ii) increases in revenues.
            ``(3) No amendment without three-fifths vote in the 
        senate.--It shall not be in order in the Senate or the House of 
        Representatives to consider any bill, resolution, amendment, 
        motion, or conference report that would amend or otherwise 
        supersede this section.''.
    (c) Requirement for 60 Votes to Waive or Appeal in the Senate.--
Section 904 of the Congressional Budget Act of 1974 is amended by 
inserting ``301(j),'' after ``301(i),'' in both places that it appears.
    (d) Suspension in the Event of War or Congressionally-Declared Low 
Growth.--Section 258(b)(2) of the Balanced Budget and Emergency Deficit 
Control Act of 1985 is amended by inserting ``301(j),'' after 
``sections''.
                                 <all>
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