103D CONGRESS

1ST SESSION H. CON. RES. 64

CONCURRENT RESOLUTION

Setting forth the congressional budget for the

1994, 1995, 1996, 1997, and 1998.United States Government for the fiscal years

MARCH 23 (legislative day, MARCH 3), 1993

Received; read twice and placed on the calendar
III

Calendar No. 43

103D CONGRESS

1ST SESSION H. CON. RES. 64

IN THE SENATE OF THE UNITED STATES

MARCH 23 (legislative day, MARCH 3), 1993

Received; read twice and placed on the calendar

CONCURRENT RESOLUTION

Setting forth the congressional budget for the United States

Government for the fiscal years 1994, 1995, 1996, 1997,

and 1998.

1 Resolved by the House of Representatives (the Senate

2 concurring),

3 SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET

4 FOR FISCAL YEAR 1994.

5 The Congress determines and declares that this reso6 lution is the concurrent resolution on the budget for fiscal

7 year 1994, including the appropriate budgetary levels for

8 fiscal years 1995, 1996, 1997, and 1998, as required by

9 section 301 of the Congressional Budget Act of 1974 (as

10 amended by the Budget Enforcement Act of 1990).
2

•HCON 64 PCS

1 SEC. 2. RECOMMENDED LEVELS AND AMOUNTS.

2 The following budgetary levels are appropriate for the

3 fiscal years beginning on October 1, 1993, October 1,

4 1994, October 1, 1995, October 1, 1996, and October 1,

5 1997:

6 (1) The recommended levels of Federal reve7 nues are as follows:

8 Fiscal year 1994: $905,300,000,000.

9 Fiscal year 1995: $970,200,000,000.

10 Fiscal year 1996: $1,030,600,000,000.

11 Fiscal year 1997: $1,086,000,000,000.

12 Fiscal year 1998: $1,135,600,000,000.

13 and the amounts by which the aggregate levels of

14 Federal revenues should be increased are as follows:

15 Fiscal year 1994: $27,200,000,000.

16 Fiscal year 1995: $36,800,000,000.

17 Fiscal year 1996: $51,000,000,000.

18 Fiscal year 1997: $66,400,000,000.

19 Fiscal year 1998: $65,700,000,000.

20 and the amounts for Federal Insurance Contribu21 tions Act revenues for hospital insurance within the

22 recommended levels of Federal revenues are as fol23 lows:

24 Fiscal year 1994: $93,100,000,000.

25 Fiscal year 1995: $104,900,000,000.

26 Fiscal year 1996: $111,100,000,000.
3

•HCON 64 PCS

1 Fiscal year 1997: $116,700,000,000.

2 Fiscal year 1998: $122,500,000,000.

3 (2) The appropriate levels of total new budget

4 authority are as follows:

5 Fiscal year 1994: $1,222,100,000,000.

6 Fiscal year 1995: $1,288,200,000,000.

7 Fiscal year 1996: $1,337,400,000,000.

8 Fiscal year 1997: $1,393,900,000,000.

9 Fiscal year 1998: $1,461,200,000,000.

10 (3) The appropriate levels of total budget out11 lays are as follows:

12 Fiscal year 1994: $1,217,700,000,000.

13 Fiscal year 1995: $1,276,700,000,000.

14 Fiscal year 1996: $1,315,100,000,000.

15 Fiscal year 1997: $1,355,000,000,000.

16 Fiscal year 1998: $1,424,800,000,000.

17 (4) The amounts of the deficits are as follows:

18 Fiscal year 1994: $312,400,000,000.

19 Fiscal year 1995: $306,500,000,000.

20 Fiscal year 1996: $284,500,000,000.

21 Fiscal year 1997: $269,000,000,000.

22 Fiscal year 1998: $289,200,000,000.

23 (5) The appropriate levels of the public debt are

24 as follows:

25 Fiscal year 1994: $4,715,300,000,000.
4

•HCON 64 PCS

1 Fiscal year 1995: $5,076,800,000,000.

2 Fiscal year 1996: $5,428,400,000,000.

3 Fiscal year 1997: $5,776,300,000,000.

4 Fiscal year 1998: $6,141,400,000,000.

5 (6) The appropriate levels of total Federal cred6 it activity for the fiscal years beginning on Octo7 ber 1, 1993, October 1, 1994, October 1, 1995, Oc8 tober 1, 1996, and October 1, 1997, are as follows:

9 Fiscal year 1994:

10 (A) New direct loan obligations,

11 $21,400,000,000.

12 (B) New primary loan guarantee com13 mitments, $148,000,000,000.

14 Fiscal year 1995:

15 (A) New direct loan obligations,

16 $22,100,000,000.

17 (B) New primary loan guarantee com18 mitments, $152,400,000,000.

19 Fiscal year 1996:

20 (A) New direct loan obligations,

21 $32,400,000,000.

22 (B) New primary loan guarantee com23 mitments, $145,500,000,000.

24 Fiscal year 1997:
5

•HCON 64 PCS

1 (A) New direct loan obligations,

2 $43,800,000,000.

3 (B) New primary loan guarantee com4 mitments, $137,000,000,000.

5 Fiscal year 1998:

6 (A) New direct loan obligations,

7 $45,500,000,000.

8 (B) New primary loan guarantee com9 mitments, $137,400,000,000.

10 SEC. 3. MAJOR FUNCTIONAL CATEGORIES.

11 The Congress determines and declares that the ap12 propriate levels of new budget authority, budget outlays,

13 new direct loan obligations, new primary loan guarantee

14 commitments, and new secondary loan guarantee commit15 ments for fiscal years 1994 through 1998 for each major

16 functional category are:

17 (1) National Defense (050):

18 Fiscal year 1994:

19 (A) New budget authority,

20 $263,200,000,000.

21 (B) Outlays, $276,500,000,000.

22 (C) New direct loan obligations, $0.

23 (D) New primary loan guarantee com24 mitments, $0.
6

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1995:

4 (A) New budget authority,

5 $262,000,000,000.

6 (B) Outlays, $271,900,000,000.

7 (C) New direct loan obligations, $0.

8 (D) New primary loan guarantee com9 mitments, $0.

10 (E) New secondary loan guarantee

11 commitments, $0.

12 Fiscal year 1996:

13 (A) New budget authority,

14 $253,100,000,000.

15 (B) Outlays, $264,200,000,000.

16 (C) New direct loan obligations, $0.

17 (D) New primary loan guarantee com18 mitments, $0.

19 (E) New secondary loan guarantee

20 commitments, $0.

21 Fiscal year 1997:

22 (A) New budget authority,

23 $247,600,000,000.

24 (B) Outlays, $248,400,000,000.

25 (C) New direct loan obligations, $0.
7

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $0.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 Fiscal year 1998:

6 (A) New budget authority,

7 $253,400,000,000.

8 (B) Outlays, $251,900,000,000.

9 (C) New direct loan obligations, $0.

10 (D) New primary loan guarantee com11 mitments, $0.

12 (E) New secondary loan guarantee

13 commitments, $0.

14 (2) International Affairs (150):

15 Fiscal year 1994:

16 (A) New budget authority,

17 $19,700,000,000.

18 (B) Outlays, $18,900,000,000.

19 (C) New direct loan obligations,

20 $2,400,000,000.

21 (D) New primary loan guarantee com22 mitments, $14,900,000,000.

23 (E) New secondary loan guarantee

24 commitments, $0.

25 Fiscal year 1995:
8

•HCON 64 PCS

1 (A) New budget authority,

2 $18,900,000,000.

3 (B) Outlays, $18,300,000,000.

4 (C) New direct loan obligations,

5 $2,500,000,000.

6 (D) New primary loan guarantee com7 mitments, $15,300,000,000.

8 (E) New secondary loan guarantee

9 commitments, $0.

10 Fiscal year 1996:

11 (A) New budget authority,

12 $17,900,000,000.

13 (B) Outlays, $17,500,000,000.

14 (C) New direct loan obligations,

15 $2,500,000,000.

16 (D) New primary loan guarantee com17 mitments, $15,600,000,000.

18 (E) New secondary loan guarantee

19 commitments, $0.

20 Fiscal year 1997:

21 (A) New budget authority,

22 $17,700,000,000.

23 (B) Outlays, $17,100,000,000.

24 (C) New direct loan obligations,

25 $2,600,000,000.
9

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $15,900,000,000.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 Fiscal year 1998:

6 (A) New budget authority,

7 $17,500,000,000.

8 (B) Outlays, $17,000,000,000.

9 (C) New direct loan obligations,

10 $2,700,000,000.

11 (D) New primary loan guarantee com12 mitments, $14,300,000,000.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 (3) General Science, Space, and Technology

16 (250):

17 Fiscal year 1994:

18 (A) New budget authority,

19 $18,100,000,000.

20 (B) Outlays, $17,600,000,000.

21 (C) New direct loan obligations, $0.

22 (D) New primary loan guarantee com23 mitments, $0.

24 (E) New secondary loan guarantee

25 commitments, $0.
10

•HCON 64 PCS

1 Fiscal year 1995:

2 (A) New budget authority,

3 $19,300,000,000.

4 (B) Outlays, $18,600,000,000.

5 (C) New direct loan obligations, $0.

6 (D) New primary loan guarantee com7 mitments, $0.

8 (E) New secondary loan guarantee

9 commitments, $0.

10 Fiscal year 1996:

11 (A) New budget authority,

12 $20,100,000,000.

13 (B) Outlays, $19,600,000,000.

14 (C) New direct loan obligations, $0.

15 (D) New primary loan guarantee com16 mitments, $0.

17 (E) New secondary loan guarantee

18 commitments, $0.

19 Fiscal year 1997:

20 (A) New budget authority,

21 $20,800,000,000.

22 (B) Outlays, $20,400,000,000.

23 (C) New direct loan obligations, $0.

24 (D) New primary loan guarantee com25 mitments, $0.
11

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $21,300,000,000.

6 (B) Outlays, $21,100,000,000.

7 (C) New direct loan obligations, $0.

8 (D) New primary loan guarantee com9 mitments, $0.

10 (E) New secondary loan guarantee

11 commitments, $0.

12 (4) Energy (270):

13 Fiscal year 1994:

14 (A) New budget authority,

15 $4,800,000,000.

16 (B) Outlays, $3,800,000,000.

17 (C) New direct loan obligations,

18 $2,000,000,000.

19 (D) New primary loan guarantee com20 mitments, $0.

21 (E) New secondary loan guarantee

22 commitments, $0.

23 Fiscal year 1995:

24 (A) New budget authority,

25 $5,900,000,000.
12

•HCON 64 PCS

1 (B) Outlays, $4,100,000,000.

2 (C) New direct loan obligations,

3 $2,000,000,000.

4 (D) New primary loan guarantee com5 mitments, $0.

6 (E) New secondary loan guarantee

7 commitments, $0.

8 Fiscal year 1996:

9 (A) New budget authority,

10 $5,500,000,000.

11 (B) Outlays, $4,300,000,000.

12 (C) New direct loan obligations,

13 $2,100,000,000.

14 (D) New primary loan guarantee com15 mitments, $0.

16 (E) New secondary loan guarantee

17 commitments, $0.

18 Fiscal year 1997:

19 (A) New budget authority,

20 $5,600,000,000.

21 (B) Outlays, $4,500,000,000.

22 (C) New direct loan obligations,

23 $2,100,000,000.

24 (D) New primary loan guarantee com25 mitments, $0.
13

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $5,800,000,000.

6 (B) Outlays, $4,400,000,000.

7 (C) New direct loan obligations,

8 $2,200,000,000.

9 (D) New primary loan guarantee com10 mitments, $0.

11 (E) New secondary loan guarantee

12 commitments, $0.

13 (5) Natural Resources and Environment (300):

14 Fiscal year 1994:

15 (A) New budget authority,

16 $20,600,000,000.

17 (B) Outlays, $20,800,000,000.

18 (C) New direct loan obligations, $0.

19 (D) New primary loan guarantee com20 mitments, $0.

21 (E) New secondary loan guarantee

22 commitments, $0.

23 Fiscal year 1995:

24 (A) New budget authority,

25 $22,600,000,000.
14

•HCON 64 PCS

1 (B) Outlays, $20,700,000,000.

2 (C) New direct loan obligations, $0.

3 (D) New primary loan guarantee com4 mitments, $0.

5 (E) New secondary loan guarantee

6 commitments, $0.

7 Fiscal year 1996:

8 (A) New budget authority,

9 $22,200,000,000.

10 (B) Outlays, $21,500,000,000.

11 (C) New direct loan obligations, $0.

12 (D) New primary loan guarantee com13 mitments, $0.

14 (E) New secondary loan guarantee

15 commitments, $0.

16 Fiscal year 1997:

17 (A) New budget authority,

18 $22,400,000,000.

19 (B) Outlays, $21,800,000,000.

20 (C) New direct loan obligations, $0.

21 (D) New primary loan guarantee com22 mitments, $0.

23 (E) New secondary loan guarantee

24 commitments, $0.

25 Fiscal year 1998:
15

•HCON 64 PCS

1 (A) New budget authority,

2 $22,300,000,000.

3 (B) Outlays, $21,800,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 (6) Agriculture (350):

10 Fiscal year 1994:

11 (A) New budget authority,

12 $15,100,000,000.

13 (B) Outlays, $14,400,000,000.

14 (C) New direct loan obligations,

15 $12,300,000,000.

16 (D) New primary loan guarantee com17 mitments, $6,400,000,000.

18 (E) New secondary loan guarantee

19 commitments, $0.

20 Fiscal year 1995:

21 (A) New budget authority,

22 $13,600,000,000.

23 (B) Outlays, $12,200,000,000.

24 (C) New direct loan obligations,

25 $11,700,000,000.
16

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $6,600,000,000.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 Fiscal year 1996:

6 (A) New budget authority,

7 $12,400,000,000.

8 (B) Outlays, $10,500,000,000.

9 (C) New direct loan obligations,

10 $11,800,000,000.

11 (D) New primary loan guarantee com12 mitments, $6,600,000,000.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 Fiscal year 1997:

16 (A) New budget authority,

17 $11,700,000,000.

18 (B) Outlays, $10,000,000,000.

19 (C) New direct loan obligations,

20 $11,300,000,000.

21 (D) New primary loan guarantee com22 mitments, $6,600,000,000.

23 (E) New secondary loan guarantee

24 commitments, $0.

25 Fiscal year 1998:
17

•HCON 64 PCS

1 (A) New budget authority,

2 $11,600,000,000.

3 (B) Outlays, $10,000,000,000.

4 (C) New direct loan obligations,

5 $11,500,000,000.

6 (D) New primary loan guarantee com7 mitments, $6,600,000,000.

8 (E) New secondary loan guarantee

9 commitments, $0.

10 (7) Commerce and Housing Credit (370):

11 Fiscal year 1994:

12 (A) New budget authority,

13 $16,900,000,000.

14 (B) Outlays, $8,500,000,000.

15 (C) New direct loan obligations,

16 $100,000,000.

17 (D) New primary loan guarantee com18 mitments, $84,700,000,000.

19 (E) New secondary loan guarantee

20 commitments, $85,000,000,000.

21 Fiscal year 1995:

22 (A) New budget authority,

23 $17,000,000,000.

24 (B) Outlays, $13,100,000,000.
18

•HCON 64 PCS

1 (C) New direct loan obligations,

2 $100,000,000.

3 (D) New primary loan guarantee com4 mitments, $87,500,000,000.

5 (E) New secondary loan guarantee

6 commitments, $88,000,000,000.

7 Fiscal year 1996:

8 (A) New budget authority,

9 $13,900,000,000.

10 (B) Outlays, $3,500,000,000.

11 (C) New direct loan obligations,

12 $100,000,000.

13 (D) New primary loan guarantee com14 mitments, $89,100,000,000.

15 (E) New secondary loan guarantee

16 commitments, $91,000,000,000.

17 Fiscal year 1997:

18 (A) New budget authority,

19 $9,900,000,000.

20 (B) Outlays, ¥$10,400,000,000.

21 (C) New direct loan obligations,

22 $100,000,000.

23 (D) New primary loan guarantee com24 mitments, $91,300,000,000.
19

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $94,000,000,000.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $10,400,000,000.

6 (B) Outlays, ¥$7,200,000,000.

7 (C) New direct loan obligations,

8 $100,000,000.

9 (D) New primary loan guarantee com10 mitments, $93,300,000,000.

11 (E) New secondary loan guarantee

12 commitments, $97,000,000,000.

13 (8) Transportation (400):

14 Fiscal year 1994:

15 (A) New budget authority,

16 $40,300,000,000.

17 (B) Outlays, $36,500,000,000.

18 (C) New direct loan obligations, $0.

19 (D) New primary loan guarantee com20 mitments, $0.

21 (E) New secondary loan guarantee

22 commitments, $0.

23 Fiscal year 1995:

24 (A) New budget authority,

25 $40,900,000,000.
20

•HCON 64 PCS

1 (B) Outlays, $37,700,000,000.

2 (C) New direct loan obligations, $0.

3 (D) New primary loan guarantee com4 mitments, $0.

5 (E) New secondary loan guarantee

6 commitments, $0.

7 Fiscal year 1996:

8 (A) New budget authority,

9 $41,700,000,000.

10 (B) Outlays, $39,200,000,000.

11 (C) New direct loan obligations, $0.

12 (D) New primary loan guarantee com13 mitments, $0.

14 (E) New secondary loan guarantee

15 commitments, $0.

16 Fiscal year 1997:

17 (A) New budget authority,

18 $43,000,000,000.

19 (B) Outlays, $39,900,000,000.

20 (C) New direct loan obligations, $0.

21 (D) New primary loan guarantee com22 mitments, $0.

23 (E) New secondary loan guarantee

24 commitments, $0.

25 Fiscal year 1998:
21

•HCON 64 PCS

1 (A) New budget authority,

2 $44,200,000,000.

3 (B) Outlays, $40,100,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 (9) Community and Regional Development

10 (450):

11 Fiscal year 1994:

12 (A) New budget authority,

13 $8,900,000,000.

14 (B) Outlays, $8,800,000,000.

15 (C) New direct loan obligations,

16 $2,000,000,000.

17 (D) New primary loan guarantee com18 mitments, $2,500,000,000.

19 (E) New secondary loan guarantee

20 commitments, $0.

21 Fiscal year 1995:

22 (A) New budget authority,

23 $8,600,000,000.

24 (B) Outlays, $8,300,000,000.
22

•HCON 64 PCS

1 (C) New direct loan obligations,

2 $2,500,000,000.

3 (D) New primary loan guarantee com4 mitments, $3,400,000,000.

5 (E) New secondary loan guarantee

6 commitments, $0.

7 Fiscal year 1996:

8 (A) New budget authority,

9 $8,800,000,000.

10 (B) Outlays, $8,100,000,000.

11 (C) New direct loan obligations,

12 $2,600,000,000.

13 (D) New primary loan guarantee com14 mitments, $3,500,000,000.

15 (E) New secondary loan guarantee

16 commitments, $0.

17 Fiscal year 1997:

18 (A) New budget authority,

19 $9,000,000,000.

20 (B) Outlays, $8,300,000,000.

21 (C) New direct loan obligations,

22 $2,600,000,000.

23 (D) New primary loan guarantee com24 mitments, $3,500,000,000.
23

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $9,200,000,000.

6 (B) Outlays, $8,600,000,000.

7 (C) New direct loan obligations,

8 $2,700,000,000.

9 (D) New primary loan guarantee com10 mitments, $3,600,000,000.

11 (E) New secondary loan guarantee

12 commitments, $0.

13 (10) Education, Training, Employment, and

14 Social Services (500):

15 Fiscal year 1994:

16 (A) New budget authority,

17 $56,000,000,000.

18 (B) Outlays, $52,200,000,000.

19 (C) New direct loan obligations,

20 $900,000,000.

21 (D) New primary loan guarantee com22 mitments, $19,900,000,000.

23 (E) New secondary loan guarantee

24 commitments, $0.

25 Fiscal year 1995:
24

•HCON 64 PCS

1 (A) New budget authority,

2 $60,400,000,000.

3 (B) Outlays, $55,300,000,000.

4 (C) New direct loan obligations,

5 $1,700,000,000.

6 (D) New primary loan guarantee com7 mitments, $20,000,000,000.

8 (E) New secondary loan guarantee

9 commitments, $0.

10 Fiscal year 1996:

11 (A) New budget authority,

12 $62,100,000,000.

13 (B) Outlays, $54,500,000,000.

14 (C) New direct loan obligations,

15 $11,700,000,000.

16 (D) New primary loan guarantee com17 mitments, $11,100,000,000.

18 (E) New secondary loan guarantee

19 commitments, $0.

20 Fiscal year 1997:

21 (A) New budget authority,

22 $63,800,000,000.

23 (B) Outlays, $61,100,000,000.

24 (C) New direct loan obligations,

25 $23,600,000,000.
25

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $200,000,000.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 Fiscal year 1998:

6 (A) New budget authority,

7 $66,900,000,000.

8 (B) Outlays, $64,300,000,000.

9 (C) New direct loan obligations,

10 $24,900,000,000.

11 (D) New primary loan guarantee com12 mitments, $100,000,000.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 (11) Health (550):

16 Fiscal year 1994:

17 (A) New budget authority,

18 $119,200,000,000.

19 (B) Outlays, $118,100,000,000.

20 (C) New direct loan obligations, $0.

21 (D) New primary loan guarantee com22 mitments, $0.

23 (E) New secondary loan guarantee

24 commitments, $0.

25 Fiscal year 1995:
26

•HCON 64 PCS

1 (A) New budget authority,

2 $133,700,000,000.

3 (B) Outlays, $132,100,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 Fiscal year 1996:

10 (A) New budget authority,

11 $148,100,000,000.

12 (B) Outlays, $146,700,000,000.

13 (C) New direct loan obligations, $0.

14 (D) New primary loan guarantee com15 mitments, $0.

16 (E) New secondary loan guarantee

17 commitments, $0.

18 Fiscal year 1997:

19 (A) New budget authority,

20 $163,300,000,000.

21 (B) Outlays, $161,700,000,000.

22 (C) New direct loan obligations, $0.

23 (D) New primary loan guarantee com24 mitments, $0.
27

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $180,500,000,000.

6 (B) Outlays, $178,700,000,000.

7 (C) New direct loan obligations, $0.

8 (D) New primary loan guarantee com9 mitments, $0.

10 (E) New secondary loan guarantee

11 commitments, $0.

12 (12) Medicare (570):

13 Fiscal year 1994:

14 (A) New budget authority,

15 $151,200,000,000.

16 (B) Outlays, $149,800,000,000.

17 (C) New direct loan obligations, $0.

18 (D) New primary loan guarantee com19 mitments, $0.

20 (E) New secondary loan guarantee

21 commitments, $0.

22 Fiscal year 1995:

23 (A) New budget authority,

24 $171,600,000,000.

25 (B) Outlays, $167,300,000,000.
28

•HCON 64 PCS

1 (C) New direct loan obligations, $0.

2 (D) New primary loan guarantee com3 mitments, $0.

4 (E) New secondary loan guarantee

5 commitments, $0.

6 Fiscal year 1996:

7 (A) New budget authority,

8 $184,200,000,000.

9 (B) Outlays, $183,000,000,000.

10 (C) New direct loan obligations, $0.

11 (D) New primary loan guarantee com12 mitments, $0.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 Fiscal year 1997:

16 (A) New budget authority,

17 $201,600,000,000.

18 (B) Outlays, $201,000,000,000.

19 (C) New direct loan obligations, $0.

20 (D) New primary loan guarantee com21 mitments, $0.

22 (E) New secondary loan guarantee

23 commitments, $0.

24 Fiscal year 1998:
29

•HCON 64 PCS

1 (A) New budget authority,

2 $221,500,000,000.

3 (B) Outlays, $221,100,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 (13) Income Security (600):

10 Fiscal year 1994:

11 (A) New budget authority,

12 $209,900,000,000.

13 (B) Outlays, $210,600,000,000.

14 (C) New direct loan obligations, $0.

15 (D) New primary loan guarantee com16 mitments, $0.

17 (E) New secondary loan guarantee

18 commitments, $0.

19 Fiscal year 1995:

20 (A) New budget authority,

21 $218,500,000,000.

22 (B) Outlays, $219,100,000,000.

23 (C) New direct loan obligations, $0.

24 (D) New primary loan guarantee com25 mitments, $0.
30

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1996:

4 (A) New budget authority,

5 $229,900,000,000.

6 (B) Outlays, $224,300,000,000.

7 (C) New direct loan obligations, $0.

8 (D) New primary loan guarantee com9 mitments, $0.

10 (E) New secondary loan guarantee

11 commitments, $0.

12 Fiscal year 1997:

13 (A) New budget authority,

14 $243,200,000,000.

15 (B) Outlays, $234,000,000,000.

16 (C) New direct loan obligations, $0.

17 (D) New primary loan guarantee com18 mitments, $0.

19 (E) New secondary loan guarantee

20 commitments, $0.

21 Fiscal year 1998:

22 (A) New budget authority,

23 $249,300,000,000.

24 (B) Outlays, $243,200,000,000.

25 (C) New direct loan obligations, $0.
31

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $0.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 (14) Social Security (650):

6 Fiscal year 1994:

7 (A) New budget authority,

8 $6,100,000,000.

9 (B) Outlays, $8,900,000,000.

10 (C) New direct loan obligations, $0.

11 (D) New primary loan guarantee com12 mitments, $0.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 Fiscal year 1995:

16 (A) New budget authority,

17 $6,700,000,000.

18 (B) Outlays, $9,600,000,000.

19 (C) New direct loan obligations, $0.

20 (D) New primary loan guarantee com21 mitments, $0.

22 (E) New secondary loan guarantee

23 commitments, $0.

24 Fiscal year 1996:
32

•HCON 64 PCS

1 (A) New budget authority,

2 $7,300,000,000.

3 (B) Outlays, $10,300,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 Fiscal year 1997:

10 (A) New budget authority,

11 $7,900,000,000.

12 (B) Outlays, $11,000,000,000.

13 (C) New direct loan obligations, $0.

14 (D) New primary loan guarantee com15 mitments, $0.

16 (E) New secondary loan guarantee

17 commitments, $0.

18 Fiscal year 1998:

19 (A) New budget authority,

20 $8,600,000,000.

21 (B) Outlays, $11,700,000,000.

22 (C) New direct loan obligations, $0.

23 (D) New primary loan guarantee com24 mitments, $0.
33

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 (15) Veterans Benefits and Services (700):

4 Fiscal year 1994:

5 (A) New budget authority,

6 $34,700,000,000.

7 (B) Outlays, $36,300,000,000.

8 (C) New direct loan obligations,

9 $1,700,000,000.

10 (D) New primary loan guarantee com11 mitments, $19,600,000,000.

12 (E) New secondary loan guarantee

13 commitments, $0.

14 Fiscal year 1995:

15 (A) New budget authority,

16 $35,400,000,000.

17 (B) Outlays, $35,500,000,000.

18 (C) New direct loan obligations,

19 $1,600,000,000.

20 (D) New primary loan guarantee com21 mitments, $19,600,000,000.

22 (E) New secondary loan guarantee

23 commitments, $0.

24 Fiscal year 1996:
34

•HCON 64 PCS

1 (A) New budget authority,

2 $36,000,000,000.

3 (B) Outlays, $34,600,000,000.

4 (C) New direct loan obligations,

5 $1,600,000,000.

6 (D) New primary loan guarantee com7 mitments, $19,600,000,000.

8 (E) New secondary loan guarantee

9 commitments, $0.

10 Fiscal year 1997:

11 (A) New budget authority,

12 $36,200,000,000.

13 (B) Outlays, $36,400,000,000.

14 (C) New direct loan obligations,

15 $1,500,000,000.

16 (D) New primary loan guarantee com17 mitments, $19,500,000,000.

18 (E) New secondary loan guarantee

19 commitments, $0.

20 Fiscal year 1998:

21 (A) New budget authority,

22 $36,800,000,000.

23 (B) Outlays, $36,900,000,000.

24 (C) New direct loan obligations,

25 $1,400,000,000.
35

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $19,500,000,000.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 (16) Administration of Justice (750):

6 Fiscal year 1994:

7 (A) New budget authority,

8 $15,100,000,000.

9 (B) Outlays, $15,300,000,000.

10 (C) New direct loan obligations, $0.

11 (D) New primary loan guarantee com12 mitments, $0.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 Fiscal year 1995:

16 (A) New budget authority,

17 $15,600,000,000.

18 (B) Outlays, $15,800,000,000.

19 (C) New direct loan obligations, $0.

20 (D) New primary loan guarantee com21 mitments, $0.

22 (E) New secondary loan guarantee

23 commitments, $0.

24 Fiscal year 1996:
36

•HCON 64 PCS

1 (A) New budget authority,

2 $15,900,000,000.

3 (B) Outlays, $16,000,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 Fiscal year 1997:

10 (A) New budget authority,

11 $16,100,000,000.

12 (B) Outlays, $16,200,000,000.

13 (C) New direct loan obligations, $0.

14 (D) New primary loan guarantee com15 mitments, $0.

16 (E) New secondary loan guarantee

17 commitments, $0.

18 Fiscal year 1998:

19 (A) New budget authority,

20 $16,600,000,000.

21 (B) Outlays, $16,500,000,000.

22 (C) New direct loan obligations, $0.

23 (D) New primary loan guarantee com24 mitments, $0.
37

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 (17) General Government (800):

4 Fiscal year 1994:

5 (A) New budget authority,

6 $13,000,000,000.

7 (B) Outlays, $13,100,000,000.

8 (C) New direct loan obligations, $0.

9 (D) New primary loan guarantee com10 mitments, $0.

11 (E) New secondary loan guarantee

12 commitments, $0.

13 Fiscal year 1995:

14 (A) New budget authority,

15 $12,800,000,000.

16 (B) Outlays, $14,200,000,000.

17 (C) New direct loan obligations, $0.

18 (D) New primary loan guarantee com19 mitments, $0.

20 (E) New secondary loan guarantee

21 commitments, $0.

22 Fiscal year 1996:

23 (A) New budget authority,

24 $13,200,000,000.

25 (B) Outlays, $13,900,000,000.
38

•HCON 64 PCS

1 (C) New direct loan obligations, $0.

2 (D) New primary loan guarantee com3 mitments, $0.

4 (E) New secondary loan guarantee

5 commitments, $0.

6 Fiscal year 1997:

7 (A) New budget authority,

8 $13,300,000,000.

9 (B) Outlays, $13,800,000,000.

10 (C) New direct loan obligations, $0.

11 (D) New primary loan guarantee com12 mitments, $0.

13 (E) New secondary loan guarantee

14 commitments, $0.

15 Fiscal year 1998:

16 (A) New budget authority,

17 $13,500,000,000.

18 (B) Outlays, $13,900,000,000.

19 (C) New direct loan obligations, $0.

20 (D) New primary loan guarantee com21 mitments, $0.

22 (E) New secondary loan guarantee

23 commitments, $0.

24 (18) Net Interest (900):

25 Fiscal year 1994:
39

•HCON 64 PCS

1 (A) New budget authority,

2 $239,900,000,000.

3 (B) Outlays, $239,900,000,000.

4 (C) New direct loan obligations, $0.

5 (D) New primary loan guarantee com6 mitments, $0.

7 (E) New secondary loan guarantee

8 commitments, $0.

9 Fiscal year 1995:

10 (A) New budget authority,

11 $260,800,000,000.

12 (B) Outlays, $260,800,000,000.

13 (C) New direct loan obligations, $0.

14 (D) New primary loan guarantee com15 mitments, $0.

16 (E) New secondary loan guarantee

17 commitments, $0.

18 Fiscal year 1996:

19 (A) New budget authority,

20 $280,100,000,000.

21 (B) Outlays, $280,100,000,000.

22 (C) New direct loan obligations, $0.

23 (D) New primary loan guarantee com24 mitments, $0.
40

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1997:

4 (A) New budget authority,

5 $297,400,000,000.

6 (B) Outlays, $297,400,000,000.

7 (C) New direct loan obligations, $0.

8 (D) New primary loan guarantee com9 mitments, $0.

10 (E) New secondary loan guarantee

11 commitments, $0.

12 Fiscal year 1998:

13 (A) New budget authority,

14 $314,700,000,000.

15 (B) Outlays, $314,700,000,000.

16 (C) New direct loan obligations, $0.

17 (D) New primary loan guarantee com18 mitments, $0.

19 (E) New secondary loan guarantee

20 commitments, $0.

21 (19) Allowances (920):

22 Fiscal year 1994:

23 (A) New budget authority, $0.

24 (B) Outlays, $0.

25 (C) New direct loan obligations, $0.
41

•HCON 64 PCS

1 (D) New primary loan guarantee com2 mitments, $0.

3 (E) New secondary loan guarantee

4 commitments, $0.

5 Fiscal year 1995:

6 (A) New budget authority,

7 ¥$5,300,000,000.

8 (B) Outlays, ¥$5,300,000,000.

9 (C) New direct loan obligations, $0.

10 (D) New primary loan guarantee com11 mitments, $0.

12 (E) New secondary loan guarantee

13 commitments, $0.

14 Fiscal year 1996:

15 (A) New budget authority,

16 ¥$4,000,000,000.

17 (B) Outlays, ¥$4,000,000,000.

18 (C) New direct loan obligations, $0.

19 (D) New primary loan guarantee com20 mitments, $0.

21 (E) New secondary loan guarantee

22 commitments, $0.

23 Fiscal year 1997:

24 (A) New budget authority,

25 ¥$5,000,000,000.
42

•HCON 64 PCS

1 (B) Outlays, ¥$5,000,000,000.

2 (C) New direct loan obligations, $0.

3 (D) New primary loan guarantee com4 mitments, $0.

5 (E) New secondary loan guarantee

6 commitments, $0.

7 Fiscal year 1998:

8 (A) New budget authority,

9 ¥$10,800,000,000.

10 (B) Outlays, ¥$10,800,000,000.

11 (C) New direct loan obligations, $0.

12 (D) New primary loan guarantee com13 mitments, $0.

14 (E) New secondary loan guarantee

15 commitments, $0.

16 (20) Undistributed Offsetting Receipts (950):

17 Fiscal year 1994:

18 (A) New budget authority,

19 ¥$30,600,000,000.

20 (B) Outlays, ¥$32,300,000,000.

21 (C) New direct loan obligations, $0.

22 (D) New primary loan guarantee com23 mitments, $0.

24 (E) New secondary loan guarantee

25 commitments, $0.
43

•HCON 64 PCS

1 Fiscal year 1995:

2 (A) New budget authority,

3 ¥$30,800,000,000.

4 (B) Outlays, ¥$32,600,000,000.

5 (C) New direct loan obligations, $0.

6 (D) New primary loan guarantee com7 mitments, $0.

8 (E) New secondary loan guarantee

9 commitments, $0.

10 Fiscal year 1996:

11 (A) New budget authority,

12 ¥$31,000,000,000.

13 (B) Outlays, ¥$32,700,000,000.

14 (C) New direct loan obligations, $0.

15 (D) New primary loan guarantee com16 mitments, $0.

17 (E) New secondary loan guarantee

18 commitments, $0.

19 Fiscal year 1997:

20 (A) New budget authority,

21 ¥$31,600,000,000.

22 (B) Outlays, ¥$32,600,000,000.

23 (C) New direct loan obligations, $0.

24 (D) New primary loan guarantee com25 mitments, $0.
44

•HCON 64 PCS

1 (E) New secondary loan guarantee

2 commitments, $0.

3 Fiscal year 1998:

4 (A) New budget authority,

5 ¥$32,100,000,000.

6 (B) Outlays, ¥$33,100,000,000.

7 (C) New direct loan obligations, $0.

8 (D) New primary loan guarantee com9 mitments, $0.

10 (E) New secondary loan guarantee

11 commitments, $0.

12 SEC. 4. RECONCILIATION.

13 (a) Not later than May 13, 1993, the House commit14 tees named in subsections (b) through (n) of this section

15 shall submit their recommendations to the House Budget

16 Committee. After receiving those recommendations, the

17 House Budget Committee shall report to the House a rec18 onciliation bill or resolution or both carrying out all such

19 recommendations without any substantive revision.

20 (b) The House Committee on Agriculture shall report

21 changes in laws within its jurisdiction that provide direct

22 spending sufficient to reduce outlays, as follows:

23 $258,000,000 in fiscal year 1994, $396,000,000 in fiscal

24 year 1995, $1,067,000,000 in fiscal year 1996,

25 $1,918,000,000 in fiscal year 1997, and $2,187,000,000
45

•HCON 64 PCS

1 in fiscal year 1998, and program changes in laws within

2 its jurisdiction, sufficient to result in an increase of out3 lays as follows: $523,000,000 in fiscal year 1994,

4 $1,524,000,000 in fiscal year 1995, $1,527,000,000 in fis5 cal year 1996, $1,533,000,000 in fiscal year 1997, and

6 $1,551,000,000 in fiscal year 1998.

7 (c) The House Committee on Armed Services shall

8 report changes in laws within its jurisdiction that provide

9 direct spending sufficient to reduce outlays, as follows:

10 $186,000,000 in fiscal year 1994, $470,000,000 in fiscal

11 year 1995, $782,000,000 in fiscal year 1996,

12 $1,119,000,000 in fiscal year 1997, and $1,383,000,000

13 in fiscal year 1998, and program changes in laws within

14 its jurisdiction, sufficient to result in a reduction of out15 lays as follows: $2,012,000,000 in fiscal year 1994,

16 $3,231,000,000 in fiscal year 1995, $4,117,000,000 in fis17 cal year 1996, $5,103,000,000 in fiscal year 1997, and

18 $5,800,000,000 in fiscal year 1998.

19 (d) The House Committee on Banking, Finance and

20 Urban Affairs shall report changes in laws within its juris21 diction that provide direct spending, sufficient to reduce

22 outlays, as follows: $220,000,000 in fiscal year 1994,

23 $266,000,000 in fiscal year 1995, $482,000,000 in fiscal

24 year 1996, $704,000,000 in fiscal year 1997, and

25 $726,000,000 in fiscal year 1998, program changes in
46

•HCON 64 PCS

1 laws within its jurisdiction, sufficient to result in a reduc2 tion of outlays as follows: $141,000,000 in fiscal year

3 1994, $164,000,000 in fiscal year 1995, $273,000,000 in

4 fiscal year 1996, $373,000,000 in fiscal year 1997, and

5 $406,000,000 in fiscal year 1998, and changes in laws

6 within its jurisdiction to increase revenues, as follows:

7 $63,000,000 in fiscal year 1994, $65,000,000 in fiscal

8 year 1995, $68,000,000 in fiscal year 1996, $70,000,000

9 in fiscal year 1997, and $73,000,000 in fiscal year 1998.

10 (e) The House Committee on Education and Labor

11 shall report changes in laws within its jurisdiction that

12 provide direct spending sufficient to increase outlays by

13 $66,000,000 in fiscal year 1994, and to reduce outlays

14 as follows: $93,000,000 in fiscal year 1995,

15 $1,309,000,000 in fiscal year 1996, $3,044,000,000 in fis16 cal year 1997, and $3,564,000,000 in fiscal year 1998.

17 (f) The House Committee on Energy and Commerce

18 shall report changes in laws within its jurisdiction that

19 provide direct spending sufficient to reduce outlays, as fol20 lows: $4,343,000,000 in fiscal year 1994, $7,493,000,000

21 in fiscal year 1995, $13,047,000,000 in fiscal year 1996,

22 $17,133,000,000 in fiscal year 1997, and

23 $21,347,000,000 in fiscal year 1998, and program

24 changes in laws within its jurisdiction, sufficient to result

25 in a reduction of outlays as follows: $137,000,000 in fiscal
47

•HCON 64 PCS

1 year 1994, $236,000,000 in fiscal year 1995,

2 $663,000,000 in fiscal year 1996, $621,000,000 in fiscal

3 year 1997, and $650,000,000 in fiscal year 1998.

4 (g) The House Committee on Foreign Affairs shall

5 report changes in laws within its jurisdiction that provide

6 direct spending sufficient to reduce outlays, as follows:

7 $2,000,000 in fiscal year 1994, $7,000,000 in fiscal year

8 1995, $12,000,000 in fiscal year 1996, $16,000,000 in fis9 cal year 1997, and $18,000,000 in fiscal year 1998.

10 (h) The House Committee on the Judiciary shall re11 port changes in laws within its jurisdiction that provide

12 direct spending sufficient to reduce outlays, as follows: $0

13 in fiscal year 1994, $0 in fiscal year 1995, $111,000,000

14 in fiscal year 1996, $115,000,000 in fiscal year 1997, and

15 $119,000,000 in fiscal year 1998.

16 (i) The House Committee on Merchant Marine and

17 Fisheries shall report changes in laws within its jurisdic18 tion that provide direct spending sufficient to reduce out19 lays, as follows: $0 in fiscal year 1994, $0 in fiscal year

20 1995, $67,000,000 in fiscal year 1996, $68,000,000 in fis21 cal year 1997, and $70,000,000 in fiscal year 1998.

22 (j) The House Committee on Natural Resources shall

23 report changes in laws within its jurisdiction that provide

24 direct spending sufficient to reduce outlays, as follows:

25 $137,000,000 in fiscal year 1994, $201,000,000 in fiscal
48

•HCON 64 PCS

1 year 1995, $339,000,000 in fiscal year 1996,

2 $406,000,000 in fiscal year 1997, and $414,000,000 in

3 fiscal year 1998, and program changes in laws within its

4 jurisdiction, sufficient to result in a reduction of outlays

5 as follows: $137,000,000 in fiscal year 1994,

6 $236,000,000 in fiscal year 1995, $663,000,000 in fiscal

7 year 1996, $621,000,000 in fiscal year 1997, and

8 $650,000,000 in fiscal year 1998.

9 (k) The House Committee on Post Office and Civil

10 Service shall report changes in laws within its jurisdiction

11 that provide direct spending sufficient to reduce outlays,

12 as follows: $228,000,000 in fiscal year 1994,

13 $935,000,000 in fiscal year 1995, $3,445,000,000 in fis14 cal year 1996, $4,833,000,000 in fiscal year 1997, and

15 $4,896,000,000 in fiscal year 1998, and program changes

16 in laws within its jurisdiction, sufficient to result in a re17 duction of outlays as follows: $2,906,000,000 in fiscal year

18 1994, $4,660,000,000 in fiscal year 1995, $5,825,000,000

19 in fiscal year 1996, $7,169,000,000 in fiscal year 1997,

20 and $8,164,000,000 in fiscal year 1998.

21 (l) The House Committee on Public Works and

22 Transportation shall report changes in laws within its ju23 risdiction that provide direct spending sufficient to reduce

24 outlays, as follows: $31,000,000 in fiscal year 1994,

25 $49,000,000 in fiscal year 1995, $62,000,000 in fiscal
49

•HCON 64 PCS

1 year 1996, $76,000,000 in fiscal year 1997, and

2 $78,000,000 in fiscal year 1998.

3 (m) The House Committee on Veterans’ Affairs shall

4 report changes in laws within its jurisdiction that provide

5 direct spending sufficient to reduce outlays, as follows:

6 $266,000,000 in fiscal year 1994, $364,000,000 in fiscal

7 year 1995, $382,000,000 in fiscal year 1996,

8 $405,000,000 in fiscal year 1997, and $1,163,000,000 in

9 fiscal year 1998.

10 (n) The House Committee on Ways and Means shall

11 report changes in laws within its jurisdiction sufficient to

12 reduce the deficit, as follows: by $29,488,000,000 in fiscal

13 year 1994, by $41,319,000,000 in fiscal year 1995, by

14 $61,583,000,000 in fiscal year 1996, by $81,484,000,000

15 in fiscal year 1997, and by $84,935,000,000 in fiscal year

16 1998.

17 (o) For purposes of this section, the term ‘‘direct

18 spending’’ means spending authority as defined in section

19 401(c)(2)(C) of the Congressional Budget Act of 1974 and

20 new budget authority as defined in section 3(2) of the

21 Congressional Budget Act of 1974.

22 SEC. 5. SALE OF GOVERNMENT ASSETS.

23 (a) SENSE OF THE CONGRESS.—It is the sense of the

24 Congress that—
50

•HCON 64 PCS

1 (1) from time to time the United States Gov2 ernment should sell assets; and

3 (2) the amounts realized from such assets sales

4 will not recur on an annual basis and do not reduce

5 the demand for credit.

6 (b) BUDGETARY TREATMENT.—For purposes of

7 points of order under sections 302, 303, 310, 311, 601(b),

8 602, and 605 of the Congressional Budget and Impound9 ment Control Act of 1974, the amounts realized from sales

10 of assets (other than loan assets) shall not be scored with

11 respect to the level of budget authority, outlays, or reve12 nues under those sections.

13 (c) DEFINITIONS.—For purposes of this section—

14 (1) the term ‘‘sale of an asset’’ shall have the

15 same meaning as under section 250(c)(21) of the

16 Balanced Budget and Emergency Deficit Control

17 Act of 1985 (as amended by the Budget Enforce18 ment Act of 1990); and

19 (2) the term shall not include asset sales man20 dated by law before September 18, 1987, and rou21 tine, ongoing asset sales at levels consistent with

22 agency operations in fiscal year 1986.
51

•HCON 64 PCS

1 SEC. 6. SENSE OF CONGRESS REGARDING TAX REVENUES

2 AND DEFICIT REDUCTION.

3 It is the sense of Congress that any legislation enact4 ing tax increases called for in this budget resolution con5 tain language providing that the net revenues generated

6 by the legislation shall not be counted for the purpose of

7 calculating the amount of any deficit increase called for

8 in section 252(b) of the Balanced Budget and Emergency

9 Deficit Control Act of 1985, as amended by the Omnibus

10 Budget Reconciliation Act of 1990.

Passed the House of Representatives March 18,

1993.

Attest:

Clerk.

HCON 64 PCS——2

HCON 64 PCS——3

HCON 64 PCS——4