Calendar No. 405

104TH CONGRESS

2D SESSION S. CON. RES. 57

[Report No. 104–271]

CONCURRENT RESOLUTION

Setting forth the congressional budget for the

1998, 1999, 2000, 2001, and 2002.United States Government for fiscal years 1997,

MAY 13, 1996

Placed on the calendar
III

Calendar No. 405

104TH CONGRESS

2D SESSION S. CON. RES. 57

[Report No. 104–271]

Setting forth the congressional budget for the United States Government

for fiscal years 1997, 1998, 1999, 2000, 2001, and 2002.

IN THE SENATE OF THE UNITED STATES

MAY 13, 1996

Mr. DOMENICI, from the Committee on the Budget, reported the following

original concurrent resolution; which was placed on the calendar

CONCURRENT RESOLUTION

Setting forth the congressional budget for the United States

Government for fiscal years 1997, 1998, 1999, 2000,

2001, and 2002.

1 Resolved by the Senate (the House of Representatives

2 concurring),

3 SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET

4 FOR FISCAL YEAR 1997.

5 (a) DECLARATION.—The Congress determines and

6 declares that this resolution is the concurrent resolution

7 on the budget for fiscal year 1997, including the appro-
2

•SCON 57 PCS

1 priate budgetary levels for fiscal years 1998, 1999, 2000,

2 and 2001, as required by section 301 of the Congressional

3 Budget Act of 1974, and including the appropriate levels

4 for fiscal year 2002.

5 (b) TABLE OF CONTENTS.—The table of contents for

6 this concurrent resolution is as follows:

Sec. 1. Concurrent Resolution on the Budget for Fiscal Year 1997.

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. Tax reserve fund in the Senate.

Sec. 203. Superfund allowance in the Senate.

Sec. 204. Scoring of emergency legislation.

Sec. 205. Exercise of rulemaking powers.

TITLE III—SENSE OF THE CONGRESS, HOUSE OF

REPRESENTATIVES, AND SENATE

Sec. 301. Sense of the Congress on sale of Government assets.

Sec. 302. Sense of the Congress that tax reductions should benefit working

families.

Sec. 303. Sense of the Congress on a Bipartisan Commission on the Solvency

of Medicare.

Sec. 304. Sense of the Senate on considering a change in the minimum wage

in the Senate.

Sec. 305. Sense of the Senate on long term projections in budget estimates.

Sec. 306. Sense of the Congress on medicare transfers.

Sec. 307. Sense of the Senate on repeal of the gas tax.

Sec. 308. Sense of the Senate on medicare trustees report.

7 TITLE I—LEVELS AND AMOUNTS

8 SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

9 The following budgetary levels are appropriate for the

10 fiscal years 1997, 1998, 1999, 2000, 2001, and 2002:
3

•SCON 57 PCS

1 (1) FEDERAL REVENUES.—For purposes of the

2 enforcement of this resolution—

3 (A) The recommended levels of Federal

4 revenues are as follows:

5 Fiscal year 1997: $1,086,200,000,000.

6 Fiscal year 1998: $1,129,900,000,000.

7 Fiscal year 1999: $1,176,100,000,000.

8 Fiscal year 2000: $1,229,900,000,000.

9 Fiscal year 2001: $1,289,600,000,000.

10 Fiscal year 2002: $1,359,100,000,000.

11 (B) The amounts by which the aggregate

12 levels of Federal revenues should be changed

13 are as follows:

14 Fiscal year 1997: ¥$14,100,000,000.

15 Fiscal year 1998: ¥$18,600,000,000.

16 Fiscal year 1999: ¥$22,300,000,000.

17 Fiscal year 2000: ¥$21,900,000,000.

18 Fiscal year 2001: ¥$21,500,000,000.

19 Fiscal year 2002: ¥$14,800,000,000.

20 (C) The amounts for Federal Insurance

21 Contributions Act revenues for hospital insur22 ance within the recommended levels of Federal

23 revenues are as follows:

24 Fiscal year 1997: $108,000,000,000.

25 Fiscal year 1998: $113,100,000,000.
4

•SCON 57 PCS

1 Fiscal year 1999: $119,200,000,000.

2 Fiscal year 2000: $125,500,000,000.

3 Fiscal year 2001: $131,300,000,000.

4 Fiscal year 2002: $137,700,000,000.

5 (2) NEW BUDGET AUTHORITY.—For purposes

6 of the enforcement of this resolution, the appropriate

7 levels of total new budget authority are as follows:

8 Fiscal year 1997: $1,318,500,000,000.

9 Fiscal year 1998: $1,361,700,000,000.

10 Fiscal year 1999: $1,392,500,000,000.

11 Fiscal year 2000: $1,433,600,000,000.

12 Fiscal year 2001: $1,453,900,000,000.

13 Fiscal year 2002: $1,499,100,000,000.

14 (3) BUDGET OUTLAYS.—For purposes of the

15 enforcement of this resolution, the appropriate levels

16 of total budget outlays are as follows:

17 Fiscal year 1997: $1,314,900,000,000.

18 Fiscal year 1998: $1,353,600,000,000.

19 Fiscal year 1999: $1,382,500,000,000.

20 Fiscal year 2000: $1,415,700,000,000.

21 Fiscal year 2001: $1,433,000,000,000.

22 Fiscal year 2002: $1,467,400,000,000.

23 (4) DEFICITS.—For purposes of the enforce24 ment of this resolution, the amounts of the deficits

25 are as follows:
5

•SCON 57 PCS

1 Fiscal year 1997: $228,700,000,000.

2 Fiscal year 1998: $223,700,000,000.

3 Fiscal year 1999: $206,400,000,000.

4 Fiscal year 2000: $185,800,000,000.

5 Fiscal year 2001: $143,400,000,000.

6 Fiscal year 2002: $108,300,000,000.

7 (5) PUBLIC DEBT.—The appropriate levels of

8 the public debt are as follows:

9 Fiscal year 1997: $5,445,300,000,000.

10 Fiscal year 1998: $5,719,100,000,000.

11 Fiscal year 1999: $5,971,600,000,000.

12 Fiscal year 2000: $6,204,300,000,000.

13 Fiscal year 2001: $6,395,100,000,000.

14 Fiscal year 2002: $6,547,000,000,000.

15 (6) DIRECT LOAN OBLIGATIONS.—The appro16 priate levels of total new direct loan obligations are

17 as follows:

18 Fiscal year 1997: $41,400,000,000.

19 Fiscal year 1998: $36,400,000,000.

20 Fiscal year 1999: $36,600,000,000.

21 Fiscal year 2000: $36,500,000,000.

22 Fiscal year 2001: $36,600,000,000.

23 Fiscal year 2002: $36,600,000,000.
6

•SCON 57 PCS

1 (7) PRIMARY LOAN GUARANTEE COMMIT2 MENTS.—The appropriate levels of new primary loan

3 guarantee commitments are as follows:

4 Fiscal year 1997: $267,100,000,000.

5 Fiscal year 1998: $267,800,000,000.

6 Fiscal year 1999: $268,600,000,000.

7 Fiscal year 2000: $269,700,000,000.

8 Fiscal year 2001: $270,400,000,000.

9 Fiscal year 2002: $271,300,000,000.

10 SEC. 102. DEBT INCREASE.

11 The amounts of the increase in the public debt sub12 ject to limitation are as follows:

13 Fiscal year 1997: $286,300,000,000.

14 Fiscal year 1998: $273,800,000,000.

15 Fiscal year 1999: $252,500,000,000.

16 Fiscal year 2000: $232,700,000,000.

17 Fiscal year 2001: $190,800,000,000.

18 Fiscal year 2002: $151,900,000,000.

19 SEC. 103. SOCIAL SECURITY.

20 (a) SOCIAL SECURITY REVENUES.—For purposes of

21 Senate enforcement under sections 302, 602, and 311 of

22 the Congressional Budget Act of 1974, the amounts of

23 revenues of the Federal Old-Age and Survivors Insurance

24 Trust Fund and the Federal Disability Insurance Trust

25 Fund are as follows:
7

•SCON 57 PCS

1 Fiscal year 1997: $384,900,000,000.

2 Fiscal year 1998: $401,900,000,000.

3 Fiscal year 1999: $422,800,000,000.

4 Fiscal year 2000: $444,200,000,000.

5 Fiscal year 2001: $463,900,000,000.

6 Fiscal year 2002: $485,700,000,000.

7 (b) SOCIAL SECURITY OUTLAYS.—For purposes of

8 Senate enforcement under sections 302, 602, and 311 of

9 the Congressional Budget Act of 1974, the amounts of

10 outlays of the Federal Old-Age and Survivors Insurance

11 Trust Fund and the Federal Disability Insurance Trust

12 Fund are as follows:

13 Fiscal year 1997: $310,400,000,000.

14 Fiscal year 1998: $323,000,000,000.

15 Fiscal year 1999: $335,900,000,000.

16 Fiscal year 2000: $349,300,000,000.

17 Fiscal year 2001: $363,900,000,000.

18 Fiscal year 2002: $378,800,000,000.

19 SEC. 104. MAJOR FUNCTIONAL CATEGORIES.

20 The Congress determines and declares that the ap21 propriate levels of new budget authority, budget outlays,

22 new direct loan obligations, and new primary loan guaran23 tee commitments for fiscal years 1997 through 2002 for

24 each major functional category are:

25 (1) National Defense (050):
8

•SCON 57 PCS

1 Fiscal year 1997:

2 (A) New budget authority,

3 $265,600,000,000.

4 (B) Outlays, $263,700,000.

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

6 (D) New primary loan guarantee commit7 ments, $800,000,000.

8 Fiscal year 1998:

9 (A) New budget authority,

10 $267,100,000,000.

11 (B) Outlays, $262,100,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $200,000,000.

15 Fiscal year 1999:

16 (A) New budget authority,

17 $269,500,000,000.

18 (B) Outlays, $265,100,000,000.

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

20 (D) New primary loan guarantee commit21 ments, $192,000,000.

22 Fiscal year 2000:

23 (A) New budget authority,

24 $271,800,000,000.

25 (B) Outlays, $268,600,000,000.
9

•SCON 57 PCS

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

2 (D) New primary loan guarantee commit3 ments, $187,000,000.

4 Fiscal year 2001:

5 (A) New budget authority,

6 $274,200,000,000.

7 (B) Outlays, $267,500,000,000.

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

9 (D) New primary loan guarantee commit10 ments, $185,000,000.

11 Fiscal year 2002:

12 (A) New budget authority,

13 $276,900,000,000.

14 (B) Outlays, $267,200,000,000.

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

16 (D) New primary loan guarantee commit17 ments, $183,000,000.

18 (2) International Affairs (150):

19 Fiscal year 1997:

20 (A) New budget authority,

21 $14,200,000,000.

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

23 (C) New direct loan obligations,

24 $4,333,000,000.
10

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $18,110,000,000.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $12,700,000,000.

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

7 (C) New direct loan obligations,

8 $4,342,000,000.

9 (D) New primary loan guarantee commit10 ments, $18,262,000,000.

11 Fiscal year 1999:

12 (A) New budget authority,

13 $11,600,000,000.

14 (B) Outlays, $12,600,000,000.

15 (C) New direct loan obligations,

16 $4,358,000,000.

17 (D) New primary loan guarantee commit18 ments, $18,311,000,000.

19 Fiscal year 2000:

20 (A) New budget authority,

21 $12,000,000,000.

22 (B) Outlays, $11,400,000,000.

23 (C) New direct loan obligations,

24 $4,346,000,000.
11

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $18,311,000,000.

3 Fiscal year 2001:

4 (A) New budget authority,

5 $12,400,000,000.

6 (B) Outlays, $11,500,000,000.

7 (C) New direct loan obligations,

8 $4,395,000,000.

9 (D) New primary loan guarantee commit10 ments, $18,409,000,000.

11 Fiscal year 2002:

12 (A) New budget authority,

13 $12,700,000,000.

14 (B) Outlays, $11,500,000,000.

15 (C) New direct loan obligations,

16 $4,387,000,000.

17 (D) New primary loan guarantee commit18 ments, $18,409,000,000.

19 (3) General Science, Space, and Technology (250):

20 Fiscal year 1997:

21 (A) New budget authority,

22 $16,500,000,000.

23 (B) Outlays, $16,700,000,000.

24 (C) New direct loan obligations, $0.
12

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $0.

3 Fiscal year 1998:

4 (A) New budget authority,

5 $16,100,000,000.

6 (B) Outlays, $16,300,000,000.

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

8 (D) New primary loan guarantee commit9 ments, $0.

10 Fiscal year 1999:

11 (A) New budget authority,

12 $15,700,000,000.

13 (B) Outlays, $15,900,000,000.

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

15 (D) New primary loan guarantee commit16 ments, $0.

17 Fiscal year 2000:

18 (A) New budget authority,

19 $15,400,000,000.

20 (B) Outlays, $15,500,000,000.

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

22 (D) New primary loan guarantee commit23 ments, $0.

24 Fiscal year 2001:
13

•SCON 57 PCS

1 (A) New budget authority,

2 $15,500,000,000.

3 (B) Outlays, $15,500,000,000.

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

5 (D) New primary loan guarantee commit6 ments, $0.

7 Fiscal year 2002:

8 (A) New budget authority,

9 $15,500,000,000.

10 (B) Outlays, $15,500,000,000.

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

12 (D) New primary loan guarantee commit13 ments, $0.

14 (4) Energy (270):

15 Fiscal year 1997:

16 (A) New budget authority,

17 $2,800,000,000.

18 (B) Outlays, $2,900,000,000.

19 (C) New direct loan obligations,

20 $1,033,000,000.

21 (D) New primary loan guarantee commit22 ments, $0.

23 Fiscal year 1998:

24 (A) New budget authority,

25 $2,900,000,000.
14

•SCON 57 PCS

1 (B) Outlays, $2,200,000,000.

2 (C) New direct loan obligations,

3 $1,039,000,000.

4 (D) New primary loan guarantee commit5 ments, $0.

6 Fiscal year 1999:

7 (A) New budget authority,

8 $2,600,000,000.

9 (B) Outlays, $1,800,000,000.

10 (C) New direct loan obligations,

11 $1,045,000,000.

12 (D) New primary loan guarantee commit13 ments, $0.

14 Fiscal year 2000:

15 (A) New budget authority,

16 $2,500,000,000.

17 (B) Outlays, $1,600,000,000.

18 (C) New direct loan obligations,

19 $1,036,000,000.

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 2001:

23 (A) New budget authority,

24 $2,700,000,000.

25 (B) Outlays, $1,600,000,000.
15

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $1,000,000,000.

3 (D) New primary loan guarantee commit4 ments, $0.

5 Fiscal year 2002:

6 (A) New budget authority,

7 $2,400,000,000.

8 (B) Outlays, $1,200,000,000.

9 (C) New direct loan obligations,

10 $1,031,000,000.

11 (D) New primary loan guarantee commit12 ments, $0.

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

14 Fiscal year 1997:

15 (A) New budget authority,

16 $20,300,000,000.

17 (B) Outlays, $21,900,000.

18 (C) New direct loan obligations,

19 $37,000,000.

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 1998:

23 (A) New budget authority,

24 $20,000,000,000.

25 (B) Outlays, $20,900,000,000.
16

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $41,000,000,000.

3 (D) New primary loan guarantee commit4 ments, $0.

5 Fiscal year 1999:

6 (A) New budget authority,

7 $19,900,000,000.

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

9 (C) New direct loan obligations,

10 $38,000,000.

11 (D) New primary loan guarantee commit12 ments, $0.

13 Fiscal year 2000:

14 (A) New budget authority,

15 $19,500,000,000.

16 (B) Outlays, $20,100,000,000.

17 (C) New direct loan obligations,

18 $38,000,000.

19 (D) New primary loan guarantee commit20 ments, $0.

21 Fiscal year 2001:

22 (A) New budget authority,

23 $19,400,000,000.

24 (B) Outlays, $19,600,000,000.
17

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $38,000,000.

3 (D) New primary loan guarantee commit4 ments, $0.

5 Fiscal year 2002:

6 (A) New budget authority,

7 $19,300,000,000.

8 (B) Outlays, $19,400,000,000.

9 (C) New direct loan obligations,

10 $38,000,000.

11 (D) New primary loan guarantee commit12 ments, $0.

13 (6) Agriculture (350):

14 Fiscal year 1997:

15 (A) New budget authority,

16 $12,500,000,000.

17 (B) Outlays, $10,800,000,000.

18 (C) New direct loan obligations,

19 $7,794,000,000.

20 (D) New primary loan guarantee commit21 ments, $5,870,000,000.

22 Fiscal year 1998:

23 (A) New budget authority,

24 $12,500,000,000.

25 (B) Outlays, $10,600,000,000.
18

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $9,346,000,000.

3 (D) New primary loan guarantee commit4 ments, $6,637,000,000.

5 Fiscal year 1999:

6 (A) New budget authority,

7 $12,200,000,000.

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

9 (C) New direct loan obligations,

10 $10,743,000,000.

11 (D) New primary loan guarantee commit12 ments, $6,586,000,000.

13 Fiscal year 2000:

14 (A) New budget authority,

15 $11,500,000,000.

16 (B) Outlays, $9,700,000,000.

17 (C) New direct loan obligations,

18 $10,736,000,000.

19 (D) New primary loan guarantee commit20 ments, $6,652,000,000.

21 Fiscal year 2001:

22 (A) New budget authority,

23 $10,500,000,000.

24 (B) Outlays, $8,700,000,000.
19

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $10,595,000,000.

3 (D) New primary loan guarantee commit4 ments, $6,641,000,000.

5 Fiscal year 2002:

6 (A) New budget authority,

7 $10,300,000,000.

8 (B) Outlays, $8,400,000,000.

9 (C) New direct loan obligations,

10 $10,570,000,000.

11 (D) New primary loan guarantee commit12 ments, $6,709,000,000.

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

14 Fiscal year 1997:

15 (A) New budget authority,

16 $7,700,000,000.

17 (B) Outlays, $¥2,700,000,000.

18 (C) New direct loan obligations,

19 $1,856,000,000.

20 (D) New primary loan guarantee commit21 ments, $197,340,000,000.

22 Fiscal year 1998:

23 (A) New budget authority,

24 $9,600,000,000.

25 (B) Outlays, $5,700,000,000.
20

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $1,787,000,000.

3 (D) New primary loan guarantee commit4 ments, $196,750,000,000.

5 Fiscal year 1999:

6 (A) New budget authority,

7 $10,600,000,000.

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

9 (C) New direct loan obligations,

10 $1,763,000,000.

11 (D) New primary loan guarantee commit12 ments, $196,253,000,000.

13 Fiscal year 2000:

14 (A) New budget authority,

15 $12,600,000,000.

16 (B) Outlays, $7,500,000,000.

17 (C) New direct loan obligations,

18 $1,759,000,000.

19 (D) New primary loan guarantee commit20 ments, $195,883,000,000.

21 Fiscal year 2001:

22 (A) New budget authority,

23 $11,400,000,000.

24 (B) Outlays, $7,400,000,000.
21

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $1,745,000,000.

3 (D) New primary loan guarantee commit4 ments, $195,375,000,000.

5 Fiscal year 2002:

6 (A) New budget authority,

7 $11,700,000,000.

8 (B) Outlays, $7,400,000,000.

9 (C) New direct loan obligations,

10 $1,740,000,000.

11 (D) New primary loan guarantee commit12 ments, $194,875,000,000.

13 (8) Transportation (400):

14 Fiscal year 1997:

15 (A) New budget authority,

16 $41,500,000,000.

17 (B) Outlays, $38,600,000,000.

18 (C) New direct loan obligations,

19 $15,000,000.

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 1998:

23 (A) New budget authority,

24 $43,300,000,000.

25 (B) Outlays, $37,000,000,000.
22

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $15,000,000.

3 (D) New primary loan guarantee commit4 ments, $0.

5 Fiscal year 1999:

6 (A) New budget authority,

7 $43,800,000,000.

8 (B) Outlays, $35,600,000,000.

9 (C) New direct loan obligations,

10 $15,000,000.

11 (D) New primary loan guarantee commit12 ments, $0.

13 Fiscal year 2000:

14 (A) New budget authority,

15 $43,500,000,000.

16 (B) Outlays, $34,100,000,000.

17 (C) New direct loan obligations,

18 $15,000,000.

19 (D) New primary loan guarantee commit20 ments, $0.

21 Fiscal year 2001:

22 (A) New budget authority,

23 $43,700,000,000.

24 (B) Outlays, $33,700,000,000.
23

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $15,000,000

3 (D) New primary loan guarantee commit4 ments, $0.

5 Fiscal year 2002:

6 (A) New budget authority, $44,000,000.

7 (B) Outlays, $33,200,000,000.

8 (C) New direct loan obligations,

9 $15,000,000.

10 (D) New primary loan guarantee commit11 ments, $0.

12 (9) Community and Regional Development (450):

13 Fiscal year 1997:

14 (A) New budget authority,

15 $8,400,000,000.

16 (B) Outlays, $10,700,000,000.

17 (C) New direct loan obligations,

18 $1,222,000,000.

19 (D) New primary loan guarantee commit20 ments, $2,133,000,000.

21 Fiscal year 1998:

22 (A) New budget authority,

23 $6,700,000,000.

24 (B) Outlays, $9,500,000,000.
24

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $1,242,000,000.

3 (D) New primary loan guarantee commit4 ments, $2,133,000,000.

5 Fiscal year 1999:

6 (A) New budget authority,

7 $6,700,000,000.

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

9 (C) New direct loan obligations,

10 $1,265,000,000.

11 (D) New primary loan guarantee commit12 ments, $2,171,000,000.

13 Fiscal year 2000:

14 (A) New budget authority,

15 $6,700,000,000.

16 (B) Outlays, $7,700,000,000.

17 (C) New direct loan obligations,

18 $1,288,000,000.

19 (D) New primary loan guarantee commit20 ments, $2,171,000,000.

21 Fiscal year 2001:

22 (A) New budget authority,

23 $6,700,000,000.

24 (B) Outlays, $7,200,000,000.
25

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $1,317,000,000.

3 (D) New primary loan guarantee commit4 ments, $2,202,000,000.

5 Fiscal year 2002:

6 (A) New budget authority,

7 $6,600,000,000.

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

9 (C) New direct loan obligations,

10 $1,343,000,000.

11 (D) New primary loan guarantee commit12 ments, $2,202,000,000.

13 (10) Education, Training, Employment, and Social

14 Services (500):

15 Fiscal year 1997:

16 (A) New budget authority,

17 $49,700,000,000.

18 (B) Outlays, $50,700,000,000.

19 (C) New direct loan obligations,

20 $16,219,000,000.

21 (D) New primary loan guarantee commit22 ments, $15,469,000,000.

23 Fiscal year 1998:

24 (A) New budget authority,

25 $49,000,000,000.
26

•SCON 57 PCS

1 (B) Outlays, $48,900,000,000.

2 (C) New direct loan obligations,

3 $19,040,000,000.

4 (D) New primary loan guarantee commit5 ments, $14,760,000,000.

6 Fiscal year 1999:

7 (A) New budget authority,

8 $50,200,000,000.

9 (B) Outlays, $49,400,000,000.

10 (C) New direct loan obligations,

11 $21,781,000,000.

12 (D) New primary loan guarantee commit13 ments, $13,854,000,000.

14 Fiscal year 2000:

15 (A) New budget authority,

16 $51,000,000,000.

17 (B) Outlays, $50,200,000,000.

18 (C) New direct loan obligations,

19 $22,884,000,000.

20 (D) New primary loan guarantee commit21 ments, $14,589,000,000.

22 Fiscal year 2001:

23 (A) New budget authority,

24 $51,800,000,000.

25 (B) Outlays, $50,900,000,000.
27

•SCON 57 PCS

1 (C) New direct loan obligations,

2 $23,978,000,000.

3 (D) New primary loan guarantee commit4 ments, $15,319,000,000.

5 Fiscal year 2002:

6 (A) New budget authority,

7 $52,600,000,000.

8 (B) Outlays, $51,700,000,000.

9 (C) New direct loan obligations,

10 $25,127,000,000.

11 (D) New primary loan guarantee commit12 ments, $16,085,000,000.

13 (11) Health (550):

14 Fiscal year 1997:

15 (A) New budget authority,

16 $131,100,000,000.

17 (B) Outlays, $131,800,000,000.

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

19 (D) New primary loan guarantee commit20 ments, $187,000,000.

21 Fiscal year 1998:

22 (A) New budget authority,

23 $137,400,000,000.

24 (B) Outlays, $137,800,000,000.

25 (C) New direct loan obligations, $0.
28

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $94,000,000.

3 Fiscal year 1999:

4 (A) New budget authority,

5 $144,000,000,000.

6 (B) Outlays, $144,100,000,000.

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

8 (D) New primary loan guarantee commit9 ments, $0.

10 Fiscal year 2000:

11 (A) New budget authority,

12 $152,800,000,000.

13 (B) Outlays, $152,700,000,000.

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

15 (D) New primary loan guarantee commit16 ments, $0.

17 Fiscal year 2001:

18 (A) New budget authority,

19 $160,300,000,000.

20 (B) Outlays, $159,900,000,000.

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

22 (D) New primary loan guarantee commit23 ments, $0.

24 Fiscal year 2002:
29

•SCON 57 PCS

1 (A) New budget authority,

2 $167,200,000,000.

3 (B) Outlays, $166,700,000,000.

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

5 (D) New primary loan guarantee commit6 ments, $0.

7 (12) Medicare (570):

8 Fiscal year 1997:

9 (A) New budget authority,

10 $193,000,000,000.

11 (B) Outlays, $191,300,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $0.

15 Fiscal year 1998:

16 (A) New budget authority,

17 $205,900,000,000.

18 (B) Outlays, $204,200,000,000.

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

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 1999:

23 (A) New budget authority,

24 $216,700,000,000.

25 (B) Outlays, $214,400,000,000.
30

•SCON 57 PCS

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

2 (D) New primary loan guarantee commit3 ments, $0.

4 Fiscal year 2000:

5 (A) New budget authority,

6 $227,300,000,000.

7 (B) Outlays, $225,600,000,000.

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

9 (D) New primary loan guarantee commit10 ments, $0.

11 Fiscal year 2001:

12 (A) New budget authority,

13 $239,300,000,000.

14 (B) Outlays, $237,600,000,000.

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

16 (D) New primary loan guarantee commit17 ments, $0.

18 Fiscal year 2002:

19 (A) New budget authority,

20 $253,500,000,000.

21 (B) Outlays, $251,100,000,000.

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

23 (D) New primary loan guarantee commit24 ments, $0.

25 (13) Income Security (600):
31

•SCON 57 PCS

1 Fiscal year 1997:

2 (A) New budget authority,

3 $232,000,000,000.

4 (B) Outlays, $240,100,000,000.

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

6 (D) New primary loan guarantee commit7 ments, $0.

8 Fiscal year 1998:

9 (A) New budget authority,

10 $241,900,000,000.

11 (B) Outlays, $245,200,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $0.

15 Fiscal year 1999:

16 (A) New budget authority,

17 $246,500,000,000.

18 (B) Outlays, $253,000,000,000.

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

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 2000:

23 (A) New budget authority,

24 $264,600,000,000.

25 (B) Outlays, $264,500,000,000.
32

•SCON 57 PCS

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

2 (D) New primary loan guarantee commit3 ments, $0.

4 Fiscal year 2001:

5 (A) New budget authority,

6 $264,100,000,000.

7 (B) Outlays, $268,500,000,000.

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

9 (D) New primary loan guarantee commit10 ments, $0.

11 Fiscal year 2002:

12 (A) New budget authority,

13 $282,800,000,000.

14 (B) Outlays, $281,100,000,000.

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

16 (D) New primary loan guarantee commit17 ments, $0.

18 (14) Social Security (650):

19 Fiscal year 1997:

20 (A) New budget authority,

21 $7,800,000,000.

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

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

24 (D) New primary loan guarantee commit25 ments, $0.
33

•SCON 57 PCS

1 Fiscal year 1998:

2 (A) New budget authority,

3 $8,500,000,000.

4 (B) Outlays, $11,200,000,000.

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

6 (D) New primary loan guarantee commit7 ments, $0.

8 Fiscal year 1999:

9 (A) New budget authority,

10 $9,200,000,000.

11 (B) Outlays, $11,900,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $0.

15 Fiscal year 2000:

16 (A) New budget authority,

17 $10,000,000,000.

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

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

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 2001:

23 (A) New budget authority,

24 $10,800,000,000.

25 (B) Outlays, $13,500,000,000.
34

•SCON 57 PCS

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

2 (D) New primary loan guarantee commit3 ments, $0.

4 Fiscal year 2002:

5 (A) New budget authority,

6 $11,600,000,000.

7 (B) Outlays, $14,300,000,000.

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

9 (D) New primary loan guarantee commit10 ments, $0.

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

12 Fiscal year 1997:

13 (A) New budget authority,

14 $39,000,000,000.

15 (B) Outlays, $39,500,000,000.

16 (C) New direct loan obligations,

17 $935,000,000.

18 (D) New primary loan guarantee commit19 ments, $26,362,000,000.

20 Fiscal year 1998:

21 (A) New budget authority,

22 $38,600,000,000.

23 (B) Outlays, $39,300,000,000.

24 (C) New direct loan obligations,

25 $962,000,000.
35

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $25,925,000,000.

3 Fiscal year 1999:

4 (A) New budget authority,

5 $38,700,000,000.

6 (B) Outlays, $39,300,000,000.

7 (C) New direct loan obligations,

8 $987,000,000.

9 (D) New primary loan guarantee commit10 ments, $25,426,000,000.

11 Fiscal year 2000:

12 (A) New budget authority,

13 $38,700,000,000.

14 (B) Outlays, $40,400,000,000.

15 (C) New direct loan obligations,

16 $1,021,000,000.

17 (D) New primary loan guarantee commit18 ments, $24,883,000,000.

19 Fiscal year 2001:

20 (A) New budget authority,

21 $38,800,000,000.

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

23 (C) New direct loan obligations,

24 $1,189,000,000.
36

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $24,298,000,000.

3 Fiscal year 2002:

4 (A) New budget authority,

5 $39,000,000,000.

6 (B) Outlays, $39,300,000,000.

7 (C) New direct loan obligations,

8 $1,194,000,000.

9 (D) New primary loan guarantee commit10 ments, $23,668,000,000.

11 (16) Administration of Justice (750):

12 Fiscal year 1997:

13 (A) New budget authority,

14 $21,700,000,000.

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

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

17 (D) New primary loan guarantee commit18 ments, $0.

19 Fiscal year 1998:

20 (A) New budget authority,

21 $22,300,000,000.

22 (B) Outlays, $21,600,000,000.

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

24 (D) New primary loan guarantee commit25 ments, $0.
37

•SCON 57 PCS

1 Fiscal year 1999:

2 (A) New budget authority,

3 $23,300,000,000.

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

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

6 (D) New primary loan guarantee commit7 ments, $0.

8 Fiscal year 2000:

9 (A) New budget authority,

10 $23,300,000,000.

11 (B) Outlays, $23,000,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $0.

15 Fiscal year 2001:

16 (A) New budget authority,

17 $19,900,000,000.

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

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

20 (D) New primary loan guarantee commit21 ments, $0.

22 Fiscal year 2002:

23 (A) New budget authority,

24 $19,900,000,000.

25 (B) Outlays, $19,800,000,000.
38

•SCON 57 PCS

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

2 (D) New primary loan guarantee commit3 ments, $0.

4 (17) General Government (800):

5 Fiscal year 1997:

6 (A) New budget authority,

7 $13,800,000,000.

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

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

10 (D) New primary loan guarantee commit11 ments, $0.

12 Fiscal year 1998:

13 (A) New budget authority,

14 $13,600,000,000.

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

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

17 (D) New primary loan guarantee commit18 ments, $0.

19 Fiscal year 1999:

20 (A) New budget authority,

21 $13,300,000,000.

22 (B) Outlays, $13,300,000,000.

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

24 (D) New primary loan guarantee commit25 ments, $0.
39

•SCON 57 PCS

1 Fiscal year 2000:

2 (A) New budget authority,

3 $13,200,000,000.

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

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

6 (D) New primary loan guarantee commit7 ments, $0.

8 Fiscal year 2001:

9 (A) New budget authority,

10 $13,300,000,000.

11 (B) Outlays, $13,200,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $0.

15 Fiscal year 2002:

16 (A) New budget authority,

17 $13,500,000,000.

18 (B) Outlays, $13,300,000,000.

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

20 (D) New primary loan guarantee commit21 ments, $0.

22 (18) Net Interest (900):

23 Fiscal year 1997:

24 (A) New budget authority,

25 $282,700,000,000.
40

•SCON 57 PCS

1 (B) Outlays, $282,700,000,000.

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

3 (D) New primary loan guarantee commit4 ments, $0.

5 Fiscal year 1998:

6 (A) New budget authority,

7 $289,200,000,000.

8 (B) Outlays, $289,200,000,000.

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

10 (D) New primary loan guarantee commit11 ments, $0.

12 Fiscal year 1999:

13 (A) New budget authority,

14 $293,000,000,000.

15 (B) Outlays, $293,000,000,000.

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

17 (D) New primary loan guarantee commit18 ments, $0.

19 Fiscal year 2000:

20 (A) New budget authority,

21 $294,500,000,000.

22 (B) Outlays, $294,500,000,000.

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

24 (D) New primary loan guarantee commit25 ments, $0.
41

•SCON 57 PCS

1 Fiscal year 2001:

2 (A) New budget authority,

3 $298,700,000,000.

4 (B) Outlays, $298,700,000,000.

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

6 (D) New primary loan guarantee commit7 ments, $0.

8 Fiscal year 2002:

9 (A) New budget authority,

10 $303,300,000,000.

11 (B) Outlays, $303,300,000,000.

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

13 (D) New primary loan guarantee commit14 ments, $0.

15 (19) The corresponding levels of gross interest on the

16 public debt are as follows:

17 Fiscal year 1997: $348,134,000,000.

18 Fiscal year 1998: $351,040,000,000.

19 Fiscal year 1999: $348,265,000,000.

20 Fiscal year 2000: $349,751,000,000.

21 Fiscal year 2001: $351,111,000,000.

22 Fiscal year 2002: $352,656,000,000.

23 (20) Allowances (920):

24 Fiscal year 1997:
42

•SCON 57 PCS

1 (A) New budget authority,

2 $1,900,000,000.

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

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

5 (D) New primary loan guarantee commit6 ments, $0.

7 Fiscal year 1998:

8 (A) New budget authority, $100,000,000.

9 (B) Outlays, $400,000,000.

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

11 (D) New primary loan guarantee commit12 ments, $0.

13 Fiscal year 1999:

14 (A) New budget authority,

15 ¥$100,000,000.

16 (B) Outlays, $0.

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

18 (D) New primary loan guarantee commit19 ments, $0.

20 Fiscal year 2000:

21 (A) New budget authority,

22 ¥$600,000,000.

23 (B) Outlays, ¥$500,000,000.

24 (C) New direct loan obligations, $0.
43

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $0.

3 Fiscal year 2001:

4 (A) New budget authority,

5 ¥$1,100,000,000.

6 (B) Outlays, ¥$1,000,000,000.

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

8 (D) New primary loan guarantee commit9 ments, $0.

10 Fiscal year 2002:

11 (A) New budget authority,

12 ¥$3,600,000,000.

13 (B) Outlays, ¥$3,600,000,000.

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

15 (D) New primary loan guarantee commit16 ments, $0.

17 (21) Undistributed Offsetting Receipts (950):

18 Fiscal year 1997:

19 (A) New budget authority,

20 ¥$43,700,000,000.

21 (B) Outlays, ¥$43,700,000,000.

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

23 (D) New primary loan guarantee commit24 ments, $0.

25 Fiscal year 1998:
44

•SCON 57 PCS

1 (A) New budget authority,

2 ¥$35,700,000,000.

3 (B) Outlays, ¥$35,700,000,000.

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

5 (D) New primary loan guarantee commit6 ments, $0.

7 Fiscal year 1999:

8 (A) New budget authority,

9 ¥$34,900,000,000.

10 (B) Outlays, ¥$34,900,000,000.

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

12 (D) New primary loan guarantee commit13 ments, $0.

14 Fiscal year 2000:

15 (A) New budget authority,

16 ¥$36,700,000,000.

17 (B) Outlays, ¥$36,700,000,000.

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

19 (D) New primary loan guarantee commit20 ments, $0.

21 Fiscal year 2001:

22 (A) New budget authority,

23 ¥$38,500,000,000.

24 (B) Outlays, ¥$38,500,000,000.

25 (C) New direct loan obligations, $0.
45

•SCON 57 PCS

1 (D) New primary loan guarantee commit2 ments, $0.

3 Fiscal year 2002:

4 (A) New budget authority,

5 ¥$40,100,000,000.

6 (B) Outlays, ¥$40,100,000,000.

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

8 (D) New primary loan guarantee commit9 ments, $0.

10 SEC. 105. RECONCILIATION.

11 (a) FIRST RECONCILIATION OF SPENDING REDUC12 TIONS.—

13 (1) SENATE COMMITTEES.—Not later than

14 June 14, 1996, the committees named in this sub15 section shall submit their recommendations to the

16 Committee on the Budget of the Senate. After re17 ceiving those recommendations, the Committee on

18 the Budget shall report to the Senate a reconcili19 ation bill carrying out all such recommendations

20 without any substantive revision.

21 (A) COMMITTEE ON AGRICULTURE, NUTRI22 TION, AND FORESTRY.—The Senate Committee

23 on Agriculture, Nutrition, and Forestry shall

24 report changes in laws within its jurisdiction

25 that provide direct spending (as defined in sec-
46

•SCON 57 PCS

1 tion 250(c)(8) of the Balanced Budget and

2 Emergency Deficit Control Act of 1985) to re3 duce outlays $1,994,000,000 in fiscal year 1997

4 and $29,376,000,000 for the period of fiscal

5 years 1997 through 2002.

6 (B) COMMITTEE ON FINANCE.—The Sen7 ate Committee on Finance shall report changes

8 in laws within its jurisdiction that provide di9 rect spending (as defined in section 250(c)(8)

10 of the Balanced Budget and Emergency Deficit

11 Control Act of 1985) to reduce outlays

12 $95,402,000,000 for the period of fiscal years

13 1997 through 2002.

14 (b) FINAL RECONCILIATION OF SPENDING REDUC15 TIONS.—

16 (1) SENATE COMMITTEES.—If legislation is en17 acted pursuant to subsection (a), then no later than

18 July 12, 1996, the committees named in this sub19 section shall submit their recommendations to the

20 Committee on the Budget of the Senate. After re21 ceiving those recommendations, the Committee on

22 the Budget shall report to the Senate a reconcili23 ation bill carrying out all such recommendations

24 without any substantive revision.
47

•SCON 57 PCS

1 (A) COMMITTEE ON AGRICULTURE, NUTRI2 TION, AND FORESTRY.—The Senate Committee

3 on Agriculture, Nutrition, and Forestry shall

4 report changes in laws within its jurisdiction

5 that provide direct spending (as defined in sec6 tion 250(c)(8) of the Balanced Budget and

7 Emergency Deficit Control Act of 1985) to re8 duce outlays $86,000,000,000 in fiscal year

9 1997 and $251,000,000,000 for the period of

10 fiscal years 1997 through 2002.

11 (B) COMMITTEE ON ARMED SERVICES.—

12 The Senate Committee on Armed Services shall

13 report changes in laws within its jurisdiction

14 that provide direct spending (as defined in sec15 tion 250(c)(8) of the Balanced Budget and

16 Emergency Deficit Control Act of 1985) to re17 duce outlays $79,000,000,000 in fiscal year

18 1997 and $649,000,000,000 for the period of

19 fiscal years 1997 through 2002.

20 (C) COMMITTEE ON BANKING, HOUSING,

21 AND URBAN AFFAIRS.—The Senate Committee

22 on Banking, Housing, and Urban Affairs shall

23 report changes in laws within its jurisdiction

24 that provide direct spending (as defined in sec25 tion 250(c)(8) of the Balanced Budget and
48

•SCON 57 PCS

1 Emergency Deficit Control Act of 1985) to re2 duce outlays $3,628,000,000 in fiscal year 1997

3 and $3,605,000,000 for the period of fiscal

4 years 1997 through 2002.

5 (D) COMMITTEE ON COMMERCE, SCIENCE,

6 AND TRANSPORTATION.—The Senate Commit7 tee on Commerce, Science, and Transportation

8 shall report changes in laws within its jurisdic9 tion that provide direct spending (as defined in

10 section 250(c)(8) of the Balanced Budget and

11 Emergency Deficit Control Act of 1985) to re12 duce outlays $0 in fiscal year 1997 and

13 $19,396,000,000 for the period of fiscal years

14 1997 through 2002.

15 (E) COMMITTEE ON ENERGY AND NATU16 RAL RESOURCES.—The Senate Committee on

17 Energy and Natural Resources shall report

18 changes in laws within its jurisdiction that pro19 vide direct spending (as defined in section

20 250(c)(8) of the Balanced Budget and Emer21 gency Deficit Control Act of 1985) to reduce

22 outlays $84,000,000 in fiscal year 1997 and

23 $1,433,000,000 for the period of fiscal years

24 1997 through 2002.
49

•SCON 57 PCS

1 (F) COMMITTEE ON ENVIRONMENT AND

2 PUBLIC WORKS.—The Senate Committee on

3 Environment and Public Works shall report

4 changes in laws within its jurisdiction that pro5 vide direct spending (as defined in section

6 250(c)(8) of the Balanced Budget and Emer7 gency Deficit Control Act of 1985) to reduce

8 outlays $87,000,000 in fiscal year 1997 and

9 $2,212,000,000 for the period of fiscal years

10 1997 through 2002.

11 (G) COMMITTEE ON FINANCE.—The Sen12 ate Committee on Finance shall report changes

13 in laws within its jurisdiction that provide di14 rect spending (as defined in section 250(c)(8)

15 of the Balanced Budget and Emergency Deficit

16 Control Act of 1985) to reduce outlays

17 $6,716,000,000 in fiscal year 1997 and

18 $169,707,000,000 for the period of fiscal years

19 1997 through 2002.

20 (H) COMMITTEE ON GOVERNMENTAL AF21 FAIRS.—The Senate Committee on Govern22 mental Affairs shall report changes in laws

23 within its jurisdiction that reduce the deficit

24 $955,000,000 in fiscal year 1997 and
50

•SCON 57 PCS

1 $8,789,000,000 for the period of fiscal years

2 1997 through 2002.

3 (I) COMMITTEE ON THE JUDICIARY.—The

4 Senate Committee on the Judiciary shall report

5 changes in laws within its jurisdiction that pro6 vide direct spending (as defined in section

7 250(c)(8) of the Balanced Budget and Emer8 gency Deficit Control Act of 1985) to reduce

9 outlays $0 in fiscal year 1997 and

10 $476,000,000 for the period of fiscal years

11 1997 through 2002.

12 (J) COMMITTEE ON LABOR AND HUMAN

13 RESOURCES.—The Senate Committee on Labor

14 and Human Resources shall report changes in

15 laws within its jurisdiction that provide direct

16 spending (as defined in section 250(c)(8) of the

17 Balanced Budget and Emergency Deficit Con18 trol Act of 1985) to reduce outlays

19 $725,000,000 in fiscal year 1997 and

20 $3,097,000,000 for the period of fiscal years

21 1997 through 2002.

22 (K) COMMITTEE ON VETERANS’ AF23 FAIRS.—The Senate Committee on Veterans’

24 Affairs shall report changes in laws within its

25 jurisdiction that provide direct spending (as de-
51

•SCON 57 PCS

1 fined in section 250(c)(8) of the Balanced

2 Budget and Emergency Deficit Control Act of

3 1985) to reduce outlays $175,000,000 in fiscal

4 year 1997 and $5,198,000,000 for the period of

5 fiscal years 1997 through 2002.

6 (c) RECONCILIATION OF REVENUE REDUCTIONS.—

7 (1) SENATE COMMITTEE.—If the legislation is

8 enacted pursuant to subsections (a) and (b), then no

9 later than September 18, 1996, the Committee on

10 Finance shall report to the Senate a reconciliation

11 bill proposing changes in laws within its jurisdiction

12 necessary to reduce revenues by not more than

13 $15,359,000,000 in fiscal year 2002 and

14 $116,104,000,000 for the period of fiscal years 1997

15 through 2002 and reduce outlays $1,692,000,000 in

16 fiscal year 1997 and $11,524,000,000 for the period

17 of fiscal years 1997 through 2002.

18 (d) TREATMENT OF RECONCILIATION BILLS FOR

19 PRIOR SURPLUS.—For purposes of section 202 of House

20 Concurrent Resolution 67 (104th Congress), legislation

21 which reduces revenues pursuant to a reconciliation in22 struction contained in subsection (c) shall be taken to23 gether with all other legislation enacted pursuant to the

24 reconciliation instructions contained in this resolution

25 when determining the deficit effect of such legislation.
52

•SCON 57 PCS

1 TITLE II—BUDGETARY

2 RESTRAINTS AND RULEMAKING

3 SEC. 201. DISCRETIONARY SPENDING LIMITS.

4 (a) DEFINITION.—As used in this section and for the

5 purposes of allocations made pursuant to section 302(a)

6 or 602(a) of the Congressional Budget Act of 1974, for

7 the discretionary category, the term ‘‘discretionary spend8 ing limit’’ means—

9 (1) with respect to fiscal year 1997—

10 (A) for the defense category

11 $266,362,000,000 in new budget authority and

12 $264,568,000,000 in outlays; and

13 (B) for the nondefense category

14 $222,845,000,000 in new budget authority and

15 $266,797,000,000 in outlays;

16 (2) with respect to fiscal year 1998—

17 (A) for the defense category

18 $267,831,000,000 in new budget authority and

19 $262,962,000,000 in outlays; and

20 (B) for the nondefense category

21 $221,322,000,000 in new budget authority and

22 $258,698,000,000 in outlays;

23 (3) with respect to fiscal year 1999, for the dis24 cretionary category $493,221,000,000 in new budget

25 authority and $525,742,000,000 in outlays;
53

•SCON 57 PCS

1 (4) with respect to fiscal year 2000, for the dis2 cretionary category $500,037,000,000 in new budget

3 authority and $525,071,000,000 in outlays;

4 (5) with respect to fiscal year 2001, for the dis5 cretionary category $492,468,000,000 in new budget

6 authority and $517,708,000,000 in outlays; and

7 (6) with respect to fiscal year 2002, for the dis8 cretionary category $501,177,000,000 in new budget

9 authority and $515,979,000,000 in outlays;

10 as adjusted for changes in concepts and definitions and

11 emergency appropriations.

12 (b) POINT OF ORDER IN THE SENATE.—

13 (1) IN GENERAL.—Except as provided in para14 graph (2), it shall not be in order in the Senate to

15 consider—

16 (A) a revision of this resolution or any con17 current resolution on the budget for fiscal year

18 1998 (or amendment, motion, or conference re19 port on such a resolution) that provides discre20 tionary spending in excess of the sum of the de21 fense and nondefense discretionary spending

22 limits for such fiscal year;

23 (B) any concurrent resolution on the budg24 et for fiscal year 1999, 2000, 2001, or 2002 (or

25 amendment, motion, or conference report on
54

•SCON 57 PCS

1 such a resolution) that provides discretionary

2 spending in excess of the discretionary spending

3 limit for such fiscal year; or

4 (C) any appropriations bill or resolution

5 (or amendment, motion, or conference report on

6 such appropriations bill or resolution) for fiscal

7 year 1997, 1998, 1999, 2000, 2001, or 2002

8 that would exceed any of the discretionary

9 spending limits in this section or suballocations

10 of those limits made pursuant to section 602(b)

11 of the Congressional Budget Act of 1974.

12 (2) EXCEPTION.—

13 (A) IN GENERAL.—This section shall not

14 apply if a declaration of war by the Congress is

15 in effect or if a joint resolution pursuant to sec16 tion 258 of the Balanced Budget and Emer17 gency Deficit Control Act of 1985 has been en18 acted.

19 (B) ENFORCEMENT OF DISCRETIONARY

20 LIMITS IN FY 1997.—Until the enactment of

21 reconciliation legislation pursuant to sub22 sections (a) and (b) of section 105 of this reso23 lution and for purposes of the application of

24 paragraph (1), only subparagraph (C) of para25 graph (1) shall apply to fiscal year 1997.
55

•SCON 57 PCS

1 (c) WAIVER.—This section may be waived or sus2 pended in the Senate only by the affirmative vote of three3 fifths of the Members, duly chosen and sworn.

4 (d) APPEALS.—Appeals in the Senate from the deci5 sions of the Chair relating to any provision of this section

6 shall be limited to 1 hour, to be equally divided between,

7 and controlled by, the appellant and the manager of the

8 concurrent resolution, bill, or joint resolution, as the case

9 may be. An affirmative vote of three-fifths of the Members

10 of the Senate, duly chosen and sworn, shall be required

11 in the Senate to sustain an appeal of the ruling of the

12 Chair on a point of order raised under this section.

13 (e) DETERMINATION OF BUDGET LEVELS.—For pur14 poses of this section, the levels of new budget authority,

15 outlays, new entitlement authority, and revenues for a fis16 cal year shall be determined on the basis of estimates

17 made by the Committee on the Budget of the Senate.

18 SEC. 202. TAX RESERVE FUND IN THE SENATE.

19 (a) IN GENERAL.—In the Senate, revenue and spend20 ing aggregates may be reduced and allocations may be re21 vised for legislation that reduces revenues by providing

22 family tax relief, fuel tax relief, and incentives to stimulate

23 savings, investment, job creation, and economic growth if

24 such legislation will not increase the deficit for—

25 (1) fiscal year 1997;
56

•SCON 57 PCS

1 (2) the period of fiscal years 1997 through

2 2001; or

3 (3) the period of fiscal years 2002 through

4 2006.

5 (b) REVISED ALLOCATIONS.—Upon the consideration

6 of legislation pursuant to subsection (a), the Chairman of

7 the Committee on the Budget of the Senate may file with

8 the Senate appropriately revised allocations under sections

9 302(a) and 602(a) of the Congressional Budget Act of

10 1974 and revised functional levels and aggregates to carry

11 out this section. These revised allocations, functional lev12 els, and aggregates shall be considered for the purposes

13 of the Congressional Budget Act of 1974 as allocations,

14 functional levels, and aggregates contained in this resolu15 tion.

16 (c) REPORTING REVISED ALLOCATIONS.—The ap17 propriate committee shall report appropriately revised al18 locations pursuant to sections 302(b) and 602(b) of the

19 Congressional Budget Act of 1974 to carry out this sec20 tion.

21 SEC. 203. SUPERFUND RESERVE FUND IN THE SENATE.

22 (a) IN GENERAL.—After the enactment of legislation

23 that reforms the Superfund program and extends

24 Superfund taxes, in the Senate, budget authority and out25 lays allocated to the Committee on Appropriations under
57

•SCON 57 PCS

1 sections 302(a) and 602(a) of the Congressional Budget

2 Act of 1974, the appropriate functional levels, the appro3 priate budget aggregates, and the discretionary spending

4 limits in section 201 of this resolution may be revised to

5 provide additional budget authority and the outlays flow6 ing from that budget authority for the Superfund pro7 gram, pursuant to this section.

8 (b) DEFICIT NEUTRAL ADJUSTMENTS.—

9 (1) ALLOCATIONS.—

10 (A) COMMITTEE ALLOCATIONS.—In the

11 Senate, upon reporting of an appropriations

12 measure, or when a conference committee sub13 mits a conference report thereon, that appro14 priates funds for the Superfund program in ex15 cess of $1,302,000,000, the chairman of the

16 Committee on the Budget of the Senate may

17 submit revised allocations, functional levels,

18 budget aggregates, and discretionary spending

19 limits to carry out this section that adds to

20 such allocations, levels, aggregates, and limits

21 an amount that is equal to such excess. These

22 revised allocations, levels, aggregates, and limits

23 shall be considered for the purposes of the Con24 gressional Budget Act of 1974 as the alloca-
58

•SCON 57 PCS

1 tions, levels, aggregates, and limits contained in

2 this resolution.

3 (B) COMMITTEE SUBALLOCATIONS.—The

4 Committee on Appropriations of the Senate

5 may report appropriately revised suballocations

6 pursuant to sections 302(b)(1) and 602(b)(1) of

7 the Congressional Budget Act of 1974 following

8 the revision of the allocations pursuant to sub9 paragraph (A).

10 (2) LIMITATIONS.—The adjustments under this

11 subsection shall not exceed—

12 (A) the net revenue increase for a fiscal

13 year resulting from the enactment of legislation

14 that extends Superfund taxes; and

15 (B) $898,000,000 in budget authority for

16 a fiscal year and the outlays flowing from such

17 budget authority in all fiscal years.

18 SEC. 204. SCORING OF EMERGENCY LEGISLATION.

19 Notwithstanding section 606(d)(2) of the Congres20 sional Budget Act of 1974, the determinations under sec21 tions 302, 303, 311, and 602 of such Act shall take into

22 account any new budget authority, new entitlement au23 thority, outlays, receipts, or deficit effects as a con24 sequence of the provisions of sections 251(b)(2)(D) and
59

•SCON 57 PCS

1 252(e) of the Balanced Budget and Emergency Deficit

2 Control Act of 1985.

3 SEC. 205. EXERCISE OF RULEMAKING POWERS.

4 The Congress adopts the provisions of this title—

5 (1) as an exercise of the rulemaking power of

6 the Senate and the House of Representatives, re7 spectively, and as such they shall be considered as

8 part of the rules of each House, or of that House

9 to which they specifically apply, and such rules shall

10 supersede other rules only to the extent that they

11 are inconsistent therewith; and

12 (2) with full recognition of the constitutional

13 right of either House to change those rules (so far

14 as they relate to that House) at any time, in the

15 same manner, and to the same extent as in the case

16 of any other rule of that House.

17 TITLE III—SENSE OF THE CON18 GRESS, HOUSE OF REP19 RESENTATIVES, AND SENATE

20 SEC. 301. SENSE OF THE CONGRESS ON SALE OF GOVERN21 MENT ASSETS.

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

23 Congress that—

24 (1) the prohibition on scoring asset sales has

25 discouraged the sale of assets that can be better
60

•SCON 57 PCS

1 managed by the private sector and generate receipts

2 to reduce the Federal budget deficit;

3 (2) the President’s fiscal year 1997 budget in4 cluded $3,900,000,000 in receipts from asset sales

5 and proposed a change in the asset sale scoring rule

6 to allow the proceeds from these sales to be scored;

7 (3) assets should not be sold if such sale would

8 increase the budget deficit over the long run; and

9 (4) the asset sale scoring prohibition should be

10 repealed and consideration should be given to replac11 ing it with a methodology that takes into account

12 the long-term budgetary impact of asset sales.

13 (b) DEFINITIONS.—For purposes of this section, the

14 term ‘‘sale of an asset’’ shall have the same meaning as

15 under section 250(c)(21) of the Balanced Budget and

16 Emergency Deficit Control Act of 1985.

17 SEC. 302. SENSE OF THE CONGRESS THAT TAX REDUC18 TIONS SHOULD BENEFIT WORKING FAMILIES.

19 It is the sense of the Congress that this concurrent

20 resolution on the budget assumes any reductions in taxes

21 should be structured to benefit working families by provid22 ing family tax relief and incentives to stimulate savings,

23 investment, job creation, and economic growth.
61

•SCON 57 PCS

1 SEC. 303. SENSE OF THE CONGRESS ON A BIPARTISAN COM2 MISSION ON THE SOLVENCY OF MEDICARE.

3 (a) FINDINGS.—Congress finds that—

4 (1) the Trustees of medicare have concluded

5 that ‘‘the medicare program is clearly unsustainable

6 in its present form’’;

7 (2) the Trustees of medicare concluded in 1995

8 that ‘‘the Hospital Insurance Trust Fund, which

9 pays inpatient hospital expenses, will be able to pay

10 benefits for only about 7 years and is severely out

11 of financial balance in the long range’’;

12 (3) preliminary data made available to the Con13 gress indicate that the Hospital Trust Fund will go

14 bankrupt in the year 2001, rather than the year

15 2002, as predicted last year;

16 (4) the Public Trustees of medicare have con17 cluded that ‘‘the Supplementary Medical Insurance

18 Trust Fund shows a rate of growth of costs which

19 is clearly unsustainable’’;

20 (5) the Bipartisan Commission on Entitlement

21 and Tax Reform concluded that, absent long-term

22 changes in medicare, projected medicare outlays will

23 increase from about 4 percent of the payroll tax base

24 today to over 15 percent of the payroll tax base by

25 the year 2030;
62

•SCON 57 PCS

1 (6) the Bipartisan Commission on Entitlement

2 and Tax Reform recommended, by a vote of 30 to

3 1, that spending and revenues available for medicare

4 must be brought into long-term balance; and

5 (7) in the most recent Trustees’ report, the

6 Public Trustees of medicare ‘‘strongly recommend

7 that the crisis presented by the financial condition of

8 the medicare trust funds be urgently addressed on

9 a comprehensive basis, including a review of the pro10 gram’s financing methods, benefit provisions, and

11 delivery mechanisms.’’.

12 (b) SENSE OF THE CONGRESS.—It is the sense of

13 the Congress that in order to meet the aggregates and

14 levels in this budget resolution—

15 (1) a special bipartisan commission should be

16 established immediately to make recommendations

17 concerning the most appropriate response to the

18 short-term solvency and long-term sustainability is19 sues facing the medicare program; and

20 (2) the commission should report to Congress

21 its recommendations prior to the adoption of a con22 current budget resolution for fiscal year 1998 in

23 order that the committees of jurisdiction may con24 sider these recommendations in fashioning an appro25 priate congressional response.
63

•SCON 57 PCS

1 SEC. 304. SENSE OF THE SENATE ON CONSIDERING A

2 CHANGE IN THE MINIMUM WAGE IN THE SEN3 ATE.

4 It is the sense of the Senate that—

5 (1) proposals to increase the minimum wage

6 have important economic and budgetary con7 sequences, as there are about 3,600,000 workers at

8 or below the minimum wage under current law, ac9 cording to the Congressional Budget Office

10 (‘‘CBO’’);

11 (2) S. 413, a bill to increase the minimum

12 wage, would increase costs for State and local gov13 ernments by $1,030,000,000 over the period 1996 to

14 2000, according to the CBO, and would, therefore,

15 violate section 425(a)(2) of the Congressional Budg16 et Act of 1974 regarding unfunded intergovern17 mental mandates;

18 (3) S. 413 would increase costs for the private

19 sector by $12,300,000,000 over the period 1996 to

20 2000 and would reduce jobs by between 100,000

21 and 500,000, according to the CBO;

22 (4) increasing the minimum wage would have

23 significant interactions with other Federal spending

24 and tax programs, including welfare programs and

25 the earned income credit;
64

•SCON 57 PCS

1 (5) States have the authority to increase the

2 minimum wage in their States, and, as of February

3 1996, 10 States, plus Puerto Rico and Washington,

4 D.C., had minimum wages above the Federal mini5 mum wage;

6 (6) although raising the minimum wage will in7 crease incomes for some workers, it is a poorly tar8 geted approach to helping poor and low-income fami9 lies because—

10 (A) it will eliminate jobs for some

11 minimum- and low-wage workers;

12 (B) 85 percent of workers in poor families

13 are paid more than the minimum wage, and

14 nearly 60 percent are paid more than $5.25 per

15 hour, according to the CBO;

16 (C) most minimum wage workers are not

17 poor, with some 70 percent in households with

18 incomes above 150 percent of the poverty line,

19 according to the CBO; and

20 (D) most minimum wage workers do not

21 stay at the minimum wage very long, with two22 thirds getting a pay raise within the first year,

23 according to the CBO;

24 (7) the best approach to increasing wages and

25 incomes for working families is to promote policies
65

•SCON 57 PCS

1 that enhance economic growth and job creation, such

2 as increasing net national savings and investment by

3 balancing the Federal budget and promoting private

4 savings and investment through fundamental tax re5 form;

6 (8) legislation to change the minimum wage

7 should be considered in the Senate in an orderly

8 manner as part of the regular consideration of mat9 ters related to the budget and the economy and not

10 as an unscheduled amendment to unrelated legisla11 tion;

12 (9) there are important issues which should be

13 considered in the same legislation and in conjunction

14 with proposals to raise the minimum wage, such as

15 allowing for improvements in the workplace by ena16 bling cooperative efforts between labor and manage17 ment as provided for in S. 295, the Team Work for

18 Employees and Management Act of 1995, and main19 taining a training wage to minimize job loss for new

20 entrants into the job market; and

21 (10) the Senate should schedule consideration

22 of legislation that addresses in the same bill, as a

23 single proposal, the minimum wage and the provi24 sions of S. 295 no later than the month of June

25 1996.
66

•SCON 57 PCS

1 SEC. 305. SENSE OF THE SENATE ON LONG-TERM PROJEC2 TIONS IN BUDGET ESTIMATES.

3 It is the sense of the Senate that—

4 (1) the report accompanying a concurrent reso5 lution on the budget should include an analysis, pre6 pared after consultation with the Director of the

7 Congressional Budget Office, of the concurrent reso8 lution’s impact on revenues and outlays for entitle9 ments for the period of 30 fiscal years; and

10 (2) the President should include in his budget

11 each year, an analysis of the budget’s impact on rev12 enues and outlays for entitlements for the period of

13 30 fiscal years, and that the President should also

14 include generational accounting information each

15 year in the President’s budget.

16 SEC. 306. SENSE OF THE CONGRESS ON MEDICARE TRANS17 FERS.

18 (a) FINDINGS.—The Congress finds that—

19 (1) home health care provides a broad spectrum

20 of health and social services to approximately

21 3,500,000 medicare beneficiaries in the comfort of

22 their homes;

23 (2) the President has proposed reimbursing the

24 first 100 home health care visits after a hospital

25 stay through medicare part A and reimbursing all

26 other visits through medicare part B, shifting re-
67

•SCON 57 PCS

1 sponsibility for $55,000,000,000 of spending from

2 the Hospital Insurance Trust Fund to the general

3 revenues that pay for medicare part B;

4 (3) such a transfer does nothing to control

5 medicare spending, and is merely a bookkeeping

6 change which artificially extends the solvency of the

7 Hospital Insurance Trust Fund;

8 (4) this transfer of funds camouflages the need

9 to make changes in the medicare program to ensure

10 the long-term solvency of the Hospital Insurance

11 Trust Fund, which the Congressional Budget Office

12 now states will become bankrupt in the year 2001,

13 a year earlier than projected in the 1995 report by

14 the Trustees of the Social Security and Medicare

15 Trust Funds;

16 (5) Congress will be breaking a commitment to

17 the American people if it does not act to ensure the

18 solvency of the entire medicare program in both the

19 short- and long-term;

20 (6) the President’s proposal would force those

21 in need of chronic care services to rely upon the

22 availability of general revenues to provide financing

23 for these services, making them more vulnerable to

24 benefits changes than under current law; and
68

•SCON 57 PCS

1 (7) according to the National Association of

2 Home Care, shifting medicare home care payments

3 from part A to part B would deemphasize the impor4 tance of home care by eliminating its status as part

5 of the Hospital Insurance Trust Fund, thereby un6 dermining access to the less costly form of care.

7 (b) SENSE OF CONGRESS.—It is the sense of Con8 gress that in meeting the spending targets specified in the

9 budget resolution, Congress should not accept the Presi10 dent’s proposal to transfer spending from one part of med11 icare to another in its efforts to preserve, protect, and im12 prove the medicare program.

13 SEC. 307. SENSE OF THE SENATE ON REPEAL OF THE GAS

14 TAX.

15 (a) FINDINGS.—The Senate finds that—

16 (1) the President originally proposed a

17 $72,000,000,000 energy excise tax (the so-called

18 BTU tax) as part of the Omnibus Budget Reconcili19 ation Act of 1993 (OBRA 93) which included a new

20 tax on transportation fuels;

21 (2) in response to opposition in the Senate to

22 the BTU tax, the President and the Congress adopt23 ed instead a new 4.3 cents per gallon transportation

24 fuels tax as part of OBRA 93, which represented a

25 30 percent increase in the existing motor fuels tax;
69

•SCON 57 PCS

1 (3) the OBRA 93 transportation fuels tax has

2 cost American motorists an estimated

3 $14,000,000,000 to $15,000,000,000 since it went

4 into effect on October 1, 1993;

5 (4) the OBRA 93 transportation fuels tax is re6 gressive, creating a larger financial impact on lower

7 and middle income motorists than on upper income

8 motorists;

9 (5) the OBRA 93 transportation fuels tax im10 poses a disproportionate burden on rural citizens

11 who do not have access to public transportation

12 services, and who must rely on their automobiles and

13 drive long distances, to work, to shop, and to receive

14 medical care;

15 (6) the average American faces a substantial

16 tax burden, and the increase of this tax burden

17 through the OBRA 93 transportation fuels tax rep18 resented and continues to represent an inappropriate

19 and unwarranted means of reducing the Nation’s

20 budget deficit;

21 (7) retail gasoline prices in the United States

22 have increased an average of 19 cents per gallon

23 since the beginning of the year to the highest level

24 since the Persian Gulf War, and the OBRA 93
70

•SCON 57 PCS

1 transportation fuels tax exacerbates the impact of

2 this price increase on consumers;

3 (8) continuation of the OBRA 93 transpor4 tation fuels tax will exacerbate the impact on con5 sumers of any future gasoline price spikes that re6 sult from market conditions; and

7 (9) the fiscal year 1997 budget resolution will

8 assume a net tax cut totaling $122,000,000,000

9 over six years, which exceeds the revenue impact of

10 a repeal of the OBRA 93 transportation fuels tax,

11 and will establish a reserve fund which may be used

12 to provide other forms of tax relief, including relief

13 from the OBRA 93 transportation fuels tax, on a

14 deficit neutral basis.

15 (b) SENSE OF THE SENATE.—It is the sense of the

16 Senate that the revenue levels and procedures in this reso17 lution provide that—

18 (1) the Congress and the President should im19 mediately approve legislation to repeal the 4.3 cents

20 per gallon transportation fuels tax contained in the

21 Omnibus Budget Reconciliation Act of 1993 through

22 the end of 1996;

23 (2) the Congress and the President should ap24 prove, through the fiscal year 1997 budget process,

25 legislation to permanently repeal the 4.3 cents per
71

•SCON 57 PCS

1 gallon transportation fuels tax contained in the Om2 nibus Budget Reconciliation Act of 1993; and

3 (3) the savings generated by the repeal of the

4 4.3 cents per gallon transportation fuels tax con5 tained in OBRA 93 should be fully passed on to con6 sumers.

7 SEC. 308. SENSE OF THE SENATE ON MEDICARE TRUSTEES

8 REPORT.

9 (a) FINDINGS.—The Senate finds that—

10 (1) the Trustees of the Medicare Hospital In11 surance (HI) Trust Fund serve as fiduciaries for one

12 of the Federal Government’s most important pro13 grams, and as fiduciaries provide critically important

14 information each year to the Congress and the pub15 lic on the financial status of the Medicare HI Fund;

16 (2) the Trustees are required to issue a report

17 on the financial status of the medicare HI Trust

18 Fund by April 1 of each year;

19 (3) the April 1995 Trustees Report stated that

20 the Medicare HI Trust Fund would go bankrupt in

21 the year 2002, but in 1995 the Congress and the

22 President could not agree on a plan to extend the

23 solvency of the medicare program;

24 (4) in 1996, the Congress and the public re25 quire timely information on the full and exact nature
72

•SCON 57 PCS

1 of medicare’s financial condition in order to under2 stand what actions must be taken to extend the sol3 vency of the of the Medicare HI Trust Fund; and

4 (5) despite the April 1 deadline, the 1996 Medi5 care Trustees Report has not yet been issued, and

6 each day of delay further jeopardizes Congress’ abil7 ity to respond appropriately to forestall the pro8 gram’s bankruptcy.

9 (b) SENSE OF THE SENATE.—It is the sense of the

10 Senate that the levels in this budget resolution assume

11 that—

12 (1) the Medicare Trustees should discharge

13 their fiduciary and statutory responsibilities and

14 issue their 1996 report as soon as possible; and

15 (2) in light of the Trustees’ delay thus far, the

16 Chief Actuary of the Medicare Trust Fund should

17 share with Congress immediately any preliminary in18 formation on the current financial status of the

19 Trust Fund.