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[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. Con. Res. 40 Placed on Calendar Senate (PCS)]

                                                       Calendar No. 355
112th CONGRESS
  2d Session
S. CON. RES. 40

Setting forth the congressional budget for the United States Government 
  for fiscal year 2013, revising the appropriate budgetary levels for 
 fiscal year 2012, and setting forth the appropriate budgetary levels 
                  for fiscal years 2013 through 2022.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             April 16, 2012

Mr. Paul (for himself, Mr. DeMint, and Mr. Lee) submitted the following 
   concurrent resolution; which was referred to the Committee on the 
      Budget; committee discharged pursuant to Section 300 of the 
            Congressional Budget Act; placed on the calendar

_______________________________________________________________________

                         CONCURRENT RESOLUTION

 
Setting forth the congressional budget for the United States Government 
  for fiscal year 2013, revising the appropriate budgetary levels for 
 fiscal year 2012, and setting forth the appropriate budgetary levels 
                  for fiscal years 2013 through 2022.

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

SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2013.

    (a) Declaration.--Congress declares that this resolution is the 
concurrent resolution on the budget for fiscal year 2013 and that this 
resolution sets forth the appropriate budgetary levels for fiscal years 
2013 through 2022.
    (b) Table of Contents.--The table of contents for this concurrent 
resolution is as follows:

Sec. 1. Concurrent resolution on the budget for fiscal year 2013.
                TITLE I--RECOMMENDED LEVELS AND AMOUNTS

Sec. 101. Recommended levels and amounts.
Sec. 102. Social Security.
Sec. 103. Major functional categories.
                        TITLE II--RESERVE FUNDS

Sec. 201. Deficit-reduction reserve fund for the sale of unused or 
                            vacant Federal properties.
Sec. 202. Deficit-reduction reserve fund for selling excess Federal 
                            land.
Sec. 203. Deficit-reduction reserve fund for the repeal of Davis-Bacon 
                            prevailing wage laws.
Sec. 204. Deficit-reduction reserve fund for the reduction of 
                            purchasing and maintaining Federal 
                            vehicles.
Sec. 205. Deficit-reduction reserve fund for the sale of financial 
                            assets purchased through the Troubled Asset 
                            Relief Program.
                       TITLE III--BUDGET PROCESS

                     Subtitle A--Budget Enforcement

Sec. 301. Discretionary spending limits for fiscal years 2012 through 
                            2022, program integrity initiatives, and 
                            other adjustments.
Sec. 302. Point of order against advance appropriations.
Sec. 303. Emergency legislation.
Sec. 304. Adjustments for the extension of certain current policies.
                      Subtitle B--Other Provisions

Sec. 311. Oversight of Government performance.
Sec. 312. Application and effect of changes in allocations and 
                            aggregates.
Sec. 313. Adjustments to reflect changes in concepts and definitions.
Sec. 314. Rescind unspent or unobligated balances after 36 months.
                        TITLE IV--RECONCILIATION

Sec. 401. Reconciliation in the Senate.
Sec. 402. Directive to the Committee on the Budget of the Senate to 
                            replace the sequester established by the 
                            Budget Control Act of 2011.
                 TITLE V--CONGRESSIONAL POLICY CHANGES

Sec. 501. Policy statement on social security.
Sec. 502. Policy statement on medicare.
Sec. 503. Policy statement on tax reform.
                      TITLE VI--SENSE OF CONGRESS

Sec. 601. Regulatory reform.

                TITLE I--RECOMMENDED LEVELS AND AMOUNTS

SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

    The following budgetary levels are appropriate for each of fiscal 
years 2012 through 2022:
            (1) Federal revenues.--For purposes of the enforcement of 
        this resolution:
                    (A) The recommended levels of Federal revenues are 
                as follows:
    Fiscal year 2012: $1,896,000,000,000.
    Fiscal year 2013: $1,615,000,000,000.
    Fiscal year 2014: $1,740,000,000,000.
    Fiscal year 2015: $2,261,000,000,000.
    Fiscal year 2016: $2,406,000,000,000.
    Fiscal year 2017: $2,651,000,000,000.
    Fiscal year 2018: $2,965,000,000,000.
    Fiscal year 2019: $3,186,000,000,000.
    Fiscal year 2020: $3,419,000,000,000.
    Fiscal year 2021: $3,663,000,000,000.
    Fiscal year 2022: $3,822,000,000,000.
                    (B) The amounts by which the aggregate levels of 
                Federal revenues should be changed are as follows:
    Fiscal year 2012: -$23,000,000,000.
    Fiscal year 2013: -$675,000,000,000.
    Fiscal year 2014: -$845,000,000,000.
    Fiscal year 2015: -$537,000,000,000.
    Fiscal year 2016: -$559,000,000,000.
    Fiscal year 2017: -$521,000,000,000.
    Fiscal year 2018: -$365,000,000,000.
    Fiscal year 2019: -$312,000,000,000.
    Fiscal year 2020: -$257,000,000,000.
    Fiscal year 2021: -$214,000,000,000.
    Fiscal year 2022: -$263,000,000,000.
            (2) New budget authority.--For purposes of the enforcement 
        of this resolution, the appropriate levels of total new budget 
        authority are as follows:
    Fiscal year 2012: $3,519,858,000,000.
    Fiscal year 2013: $3,084,004,000,000.
    Fiscal year 2014: $3,106,658,000,000.
    Fiscal year 2015: $3,117,000,000,000.
    Fiscal year 2016: $3,283,243,000,000.
    Fiscal year 2017: $3,458,011,000,000.
    Fiscal year 2018: $3,659,956,000,000.
    Fiscal year 2019: $3,893,357,000,000.
    Fiscal year 2020: $4,090,845,000,000.
    Fiscal year 2021: $4,262,660,000,000.
    Fiscal year 2022: $4,464,458,000,000.
            (3) Budget outlays.--For purposes of the enforcement of 
        this resolution, the appropriate levels of total budget outlays 
        are as follows:
    Fiscal year 2012: $3,565,725,000,000.
    Fiscal year 2013: $3,109,085,000,000.
    Fiscal year 2014: $3,098,368,000,000.
    Fiscal year 2015: $3,092,240,000,000.
    Fiscal year 2016: $3,256,795,000,000.
    Fiscal year 2017: $3,408,942,000,000.
    Fiscal year 2018: $3,594,222,000,000.
    Fiscal year 2019: $3,842,333,000,000.
    Fiscal year 2020: $4,027,530,000,000.
    Fiscal year 2021: $4,208,224,000,000.
    Fiscal year 2022: $4,417,978,000,000.
            (4) Deficits.--For purposes of the enforcement of this 
        resolution, the amounts of the deficits are as follows:
    Fiscal year 2012: $1,043,000,000,000.
    Fiscal year 2013: $795,000,000,000.
    Fiscal year 2014: $631,000,000,000.
    Fiscal year 2015: $62,000,000,000.
    Fiscal year 2016: $31,000,000,000.
    Fiscal year 2017: -$111,000,000,000.
    Fiscal year 2018: -$285,000,000,000.
    Fiscal year 2019: -$302,000,000,000.
    Fiscal year 2020: -$395,000,000,000.
    Fiscal year 2021: -$504,000,000,000.
    Fiscal year 2022: -$501,000,000,000.
            (5) Public debt.--Pursuant to section 301(a)(5) of the 
        Congressional Budget Act of 1974, the appropriate levels of the 
        public debt are as follows:
    Fiscal year 2012: $11,368,000,000,000.
    Fiscal year 2013: $12,197,000,000,000.
    Fiscal year 2014: $12,912,000,000,000.
    Fiscal year 2015: $13,084,000,000,000.
    Fiscal year 2016: $13,230,000,000,000.
    Fiscal year 2017: $13,147,000,000,000.
    Fiscal year 2018: $12,912,000,000,000.
    Fiscal year 2019: $12,631,000,000,000.
    Fiscal year 2020: $12,261,000,000,000.
    Fiscal year 2021: $11,787,000,000,000.
    Fiscal year 2022: $11,328,000,000,000.
            (6) Debt held by the public.--The appropriate levels of 
        debt held by the public are as follows:
    Fiscal year 2012: $11,242,000,000,000.
    Fiscal year 2013: $12,089,000,000,000.
    Fiscal year 2014: $12,812,000,000,000.
    Fiscal year 2015: $12,966,000,000,000.
    Fiscal year 2016: $13,076,000,000,000.
    Fiscal year 2017: $13,017,000,000,000.
    Fiscal year 2018: $12,784,000,000,000.
    Fiscal year 2019: $12,534,000,000,000.
    Fiscal year 2020: $12,191,000,000,000.
    Fiscal year 2021: $11,739,000,000,000.
    Fiscal year 2022: $11,290,000,000,000.

SEC. 102. SOCIAL SECURITY.

    (a) Social Security Revenues.--For purposes of Senate enforcement 
under sections 302 and 311 of the Congressional Budget Act of 1974, the 
amounts of revenues of the Federal Old-Age and Survivors Insurance 
Trust Fund and the Federal Disability Insurance Trust Fund are as 
follows:
    Fiscal year 2012: $627,000,000,000.
    Fiscal year 2013: $698,000,000,000.
    Fiscal year 2014: $728,000,000,000.
    Fiscal year 2015: $770,000,000,000.
    Fiscal year 2016: $819,000,000,000.
    Fiscal year 2017: $868,000,000,000.
    Fiscal year 2018: $914,000,000,000.
    Fiscal year 2019: $958,000,000,000.
    Fiscal year 2020: $1,004,000,000,000.
    Fiscal year 2021: $1,049,000,000,000.
    Fiscal year 2022: $1,096,000,000,000.
    (b) Social Security Outlays.--For purposes of Senate enforcement 
under sections 302 and 311 of the Congressional Budget Act of 1974, the 
amounts of outlays of the Federal Old-Age and Survivors Insurance Trust 
Fund and the Federal Disability Insurance Trust Fund are as follows:
    Fiscal year 2012: $770,420,000,000.
    Fiscal year 2013: $813,569,000,000.
    Fiscal year 2014: $857,048,000,000.
    Fiscal year 2015: $901,705,000,000.
    Fiscal year 2016: $950,000,000,000.
    Fiscal year 2017: $1,004,219,000,000.
    Fiscal year 2018: $1,063,321,000,000.
    Fiscal year 2019: $1,127,719,000,000.
    Fiscal year 2020: $1,197,313,000,000.
    Fiscal year 2021: $1,269,310,000,000.
    Fiscal year 2022: $1,345,264,000,000.
    (c) Social Security Administrative Expenses.--In the Senate, the 
amounts of new budget authority and budget outlays of the Federal Old-
Age and Survivors Insurance Trust Fund and the Federal Disability 
Insurance Trust Fund for administrative expenses are as follows:
            Fiscal year 2012:
                    (A) New budget authority, $5,822,000,000.
                    (B) Outlays, $5,793,000,000.
            Fiscal year 2013:
                    (A) New budget authority, $5,868,000,000.
                    (B) Outlays, $6,108,000,000.
            Fiscal year 2014:
                    (A) New budget authority, $6,043,000,000.
                    (B) Outlays, $6,269,000,000.
            Fiscal year 2015:
                    (A) New budget authority, $6,223,000,000.
                    (B) Outlays, $6,386,000,000.
            Fiscal year 2016:
                    (A) New budget authority, $6,418,000,000.
                    (B) Outlays, $6,379,000,000.
            Fiscal year 2017:
                    (A) New budget authority, $6,616,000,000.
                    (B) Outlays, $6,379,000,000.
            Fiscal year 2018:
                    (A) New budget authority, $6,838,000,000.
                    (B) Outlays, $6,794,000,000.
            Fiscal year 2019:
                    (A) New budget authority, $7,071,000,000.
                    (B) Outlays, $7,024,000,000.
            Fiscal year 2020:
                    (A) New budget authority, $7,304,000,000.
                    (B) Outlays, $7,257,000,000.
            Fiscal year 2021:
                    (A) New budget authority, $7,543,000,000.
                    (B) Outlays, $7,494,000,000.
            Fiscal year 2022:
                    (A) New budget authority, $7,796,000,000.
                    (B) Outlays, $7,745,000,000.

SEC. 103. MAJOR FUNCTIONAL CATEGORIES.

    Congress determines and declares that the appropriate levels of new 
budget authority and outlays for fiscal years 2011 through 2021 for 
each major functional category are:
            (1) National Defense (050):
                    Fiscal year 2012:
                    (A) New budget authority, $549,397,000,000.
                    (B) Outlays, $559,626,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $562,462,000,000.
                    (B) Outlays, $587,049,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $562,462,000,000.
                    (B) Outlays, $587,807,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $570,643,000,000.
                    (B) Outlays, $574,208,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $579,797,000,000.
                    (B) Outlays, $580,181,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $591,058,000,000.
                    (B) Outlays, $583,077,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $602,310,000,000.
                    (B) Outlays, $587,825,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $613,550,000,000.
                    (B) Outlays, $603,494,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $625,785,000,000.
                    (B) Outlays, $615,208,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $638,070,000,000.
                    (B) Outlays, $627,214,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $651,718,000,000.
                    (B) Outlays, $645,558,000,000.
            (2) International Affairs (150):
                    Fiscal year 2012:
                    (A) New budget authority, $57,684,000,000.
                    (B) Outlays, $50,501,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $14,024,000,000.
                    (B) Outlays, $20,680,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $20,680,000,000.
                    (B) Outlays, $15,069,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $11,666,000,000.
                    (B) Outlays, $11,423,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $11,423,000,000.
                    (B) Outlays, $12,347,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $12,746,000,000.
                    (B) Outlays, $13,359,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $13,359,000,000.
                    (B) Outlays, $13,471,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $14,318,000,000.
                    (B) Outlays, $14,318,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $14,619,000,000.
                    (B) Outlays, $11,335,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $14,921,000,000.
                    (B) Outlays, $11,541,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $15,217,000,000.
                    (B) Outlays, $11,742,000,000.
            (3) General Science, Space, and Technology (250):
                    Fiscal year 2012:
                    (A) New budget authority, $29,836,000,000.
                    (B) Outlays, $31,175,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $19,605,000,000.
                    (B) Outlays, $18,914,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $19,962,000,000.
                    (B) Outlays, $19,222,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $20,319,000,000.
                    (B) Outlays, $18,518,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $20,682,000,000.
                    (B) Outlays, $18,849,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $21,052,000,000.
                    (B) Outlays, $19,186,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $21,249,000,000.
                    (B) Outlays, $19,529,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $21,812,000,000.
                    (B) Outlays, $19,878,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $22,203,000,000.
                    (B) Outlays, $20,234,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $22,600,000,000.
                    (B) Outlays, $20,596,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $23,005,000,000.
                    (B) Outlays, $20,964,000,000.
            (4) Energy (270):
                    Fiscal year 2012:
                    (A) New budget authority, $9,886,000,000.
                    (B) Outlays, $18,342,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $923,000,000.
                    (B) Outlays, $2,882,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $976,000,000.
                    (B) Outlays, $2,349,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $1,003,000,000.
                    (B) Outlays, $1,649,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $857,000,000.
                    (B) Outlays, $801,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $886,000,000.
                    (B) Outlays, $829,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $914,000,000.
                    (B) Outlays, $856,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $944,000,000.
                    (B) Outlays, $885,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $973,000,000.
                    (B) Outlays, $912,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $1,003,000,000.
                    (B) Outlays, $940,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $1,021,000,000.
                    (B) Outlays, $955,000,000.
            (5) Natural Resources and Environment (300):
                    Fiscal year 2012:
                    (A) New budget authority, $37,109,000,000.
                    (B) Outlays, $42,242,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $24,206,000,000.
                    (B) Outlays, $23,864,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $23,864,000,000.
                    (B) Outlays, $23,928,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $24,441,000,000.
                    (B) Outlays, $22,864,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $24,912,000,000.
                    (B) Outlays, $23,178,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $25,401,000,000.
                    (B) Outlays, $23,571,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $26,392,000,000.
                    (B) Outlays, $24,430,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $26,745,000,000.
                    (B) Outlays, $24,747,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $27,636,000,000.
                    (B) Outlays, $25,441,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $27,558,000,000.
                    (B) Outlays, $25,561,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $27,904,000,000.
                    (B) Outlays, $25,787,000,000.
            (6) Agriculture (350):
                    Fiscal year 2012:
                    (A) New budget authority, $22,686,000,000.
                    (B) Outlays, $19,646,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $20,143,000,000.
                    (B) Outlays, $22,255,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $20,600,000,000.
                    (B) Outlays, $19,523,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $20,545,000,000.
                    (B) Outlays, $20,545,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $20,567,000,000.
                    (B) Outlays, $19,628,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $20,518,000,000.
                    (B) Outlays, $19,549,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $20,811,000,000.
                    (B) Outlays, $19,765,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $21,010,000,000.
                    (B) Outlays, $19,990,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $21,275,000,000.
                    (B) Outlays, $20,266,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $21,560,000,000.
                    (B) Outlays, $20,514,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $21,631,000,000.
                    (B) Outlays, $20,583,000,000.
            (7) Commerce and Housing Credit (370):
                    Fiscal year 2012:
                    (A) New budget authority, $42,288,000,000.
                    (B) Outlays, $42,685,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $12,386,000,000.
                    (B) Outlays, $11,996,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $12,332,000,000.
                    (B) Outlays, -$552,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $12,332,000,000.
                    (B) Outlays, -$1,240,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $11,997,000,000.
                    (B) Outlays, -$4,202,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $15,199,000,000.
                    (B) Outlays, -$4,255,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $15,864,000,000.
                    (B) Outlays, -$5,765,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $16,368,000,000.
                    (B) Outlays, $2,829,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $16,930,000,000.
                    (B) Outlays, $2,174,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $17,448,000,000.
                    (B) Outlays, $1,283,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $17,820,000,000.
                    (B) Outlays, $230,000,000.
            (8) Transportation (400):
                    Fiscal year 2012:
                    (A) New budget authority, $88,325,000,000.
                    (B) Outlays, $91,171,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $77,499,000,000.
                    (B) Outlays, $80,200,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $76,644,000,000.
                    (B) Outlays, $80,149,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $77,240,000,000.
                    (B) Outlays, $81,869,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $78,217,000,000.
                    (B) Outlays, $83,149,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $79,069,000,000.
                    (B) Outlays, $84,439,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $79,014,000,000.
                    (B) Outlays, $83,270,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $80,669,000,000.
                    (B) Outlays, $84,969,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $81,266,000,000.
                    (B) Outlays, $85,940,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $81,783,000,000.
                    (B) Outlays, $87,078,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $82,635,000,000.
                    (B) Outlays, $88,495,000,000.
            (9) Community and Regional Development (450):
                    Fiscal year 2012:
                    (A) New budget authority, $18,783,000,000.
                    (B) Outlays, $24,628,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $11,998,000,000.
                    (B) Outlays, $13,439,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $12,036,000,000.
                    (B) Outlays, $13,336,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $12,256,000,000.
                    (B) Outlays, $12,761,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $12,478,000,000.
                    (B) Outlays, $12,725,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $12,701,000,000.
                    (B) Outlays, $11,854,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $12,932,000,000.
                    (B) Outlays, $11,621,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $13,163,000,000.
                    (B) Outlays, $11,835,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $13,401,000,000.
                    (B) Outlays, $12,073,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $13,645,000,000.
                    (B) Outlays, $12,325,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $13,890,000,000.
                    (B) Outlays, $12,647,000,000.
            (10) Education, Training, Employment, and Social Services 
        (500):
                    Fiscal year 2012:
                    (A) New budget authority, $88,578,000,000.
                    (B) Outlays, $105,484,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $33,898,000,000.
                    (B) Outlays, $42,292,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $30,868,000,000.
                    (B) Outlays, $32,933,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $32,868,000,000.
                    (B) Outlays, $29,490,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $33,437,000,000.
                    (B) Outlays, $29,870,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $42,660,000,000.
                    (B) Outlays, $37,022,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $46,337,000,000.
                    (B) Outlays, $43,104,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $49,313,000,000.
                    (B) Outlays, $45,960,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $49,859,000,000.
                    (B) Outlays, $47,385,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $50,122,000,000.
                    (B) Outlays, $50,122,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $50,554,000,000.
                    (B) Outlays, $47,920,000,000.
            (11) Health (550):
                    Fiscal year 2012:
                    (A) New budget authority, $357,821,000,000.
                    (B) Outlays, $358,737,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $338,159,000,000.
                    (B) Outlays, $334,163,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $348,397,000,000.
                    (B) Outlays, $338,935,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $359,620,000,000.
                    (B) Outlays, $357,023,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $365,157,000,000.
                    (B) Outlays, $364,094,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $374,943,000,000.
                    (B) Outlays, $373,308,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $385,894,000,000.
                    (B) Outlays, $381,726,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $397,015,000,000.
                    (B) Outlays, $392,850,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $417,710,000,000.
                    (B) Outlays, $403,283,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $419,586,000,000.
                    (B) Outlays, $415,086,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $431,913,000,000.
                    (B) Outlays, $427,453,000,000.
            (12) Medicare (570):
                    Fiscal year 2012:
                    (A) New budget authority, $487,762,000,000.
                    (B) Outlays, $487,661,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $509,976,000,000.
                    (B) Outlays, $510,212,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2015:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2016:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2017:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2018:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2019:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2020:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2021:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2022:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
            (13) Income Security (600):
                    Fiscal year 2012:
                    (A) New budget authority, $534,107,000,000.
                    (B) Outlays, $533,175,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $355,125,000,000.
                    (B) Outlays, $347,966,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $362,716,000,000.
                    (B) Outlays, $355,966,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $362,163,000,000.
                    (B) Outlays, $357,163,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $369,163,000,000.
                    (B) Outlays, $369,695,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $368,254,000,000.
                    (B) Outlays, $364,817,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $371,087,000,000.
                    (B) Outlays, $636,453,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $385,838,000,000.
                    (B) Outlays, $383,743,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $396,715,000,000.
                    (B) Outlays, $395,180,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $408,219,000,000.
                    (B) Outlays, $407,134,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $422,855,000,000.
                    (B) Outlays, $427,176,000,000.
            (14) Social Security (650):
                    Fiscal year 2012:
                    (A) New budget authority, $779,797,000,000.
                    (B) Outlays, $776,213,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $823,017,000,000.
                    (B) Outlays, $819,677,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $866,901,000,000.
                    (B) Outlays, $863,317,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $912,103,000,000.
                    (B) Outlays, $908,091,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $960,918,000,000.
                    (B) Outlays, $956,379,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $1,075,559,000,000.
                    (B) Outlays, $1,010,794,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $1,075,559,000,000.
                    (B) Outlays, $1,070,115,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $1,140,590,000,000.
                    (B) Outlays, $1,134,743,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $1,210,617,000,000.
                    (B) Outlays, $1,204,570,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $1,283,153,000,000.
                    (B) Outlays, $1,276,804,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $1,360,160,000,000.
                    (B) Outlays, $1,353,009,000,000.
            (15) Veterans Benefits and Services (700):
                    Fiscal year 2012:
                    (A) New budget authority, $126,263,000,000.
                    (B) Outlays, $126,262,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $132,924,000,000.
                    (B) Outlays, $133,660,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $135,032,000,000.
                    (B) Outlays, $135,471,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $138,369,000,000.
                    (B) Outlays, $138,367,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $147,201,000,000.
                    (B) Outlays, $146,698,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $146,175,000,000.
                    (B) Outlays, $145,526,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $145,004,000,000.
                    (B) Outlays, $144,303,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $154,685,000,000.
                    (B) Outlays, $153,943,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $159,160,000,000.
                    (B) Outlays, $158,409,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $163,701,000,000.
                    (B) Outlays, $163,701,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $173,802,000,000.
                    (B) Outlays, $172,995,000,000.
            (16) Administration of Justice (750):
                    Fiscal year 2012:
                    (A) New budget authority, $51,700,000,000.
                    (B) Outlays, $54,471,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $50,998,000,000.
                    (B) Outlays, $38,113,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $41,766,000,000.
                    (B) Outlays, $40,926,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $42,296,000,000.
                    (B) Outlays, $40,215,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $45,028,000,000.
                    (B) Outlays, $42,812,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $43,922,000,000.
                    (B) Outlays, $41,759,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $44,527,000,000.
                    (B) Outlays, $42,294,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $45,216,000,000.
                    (B) Outlays, $41,863,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $45,915,000,000.
                    (B) Outlays, $41,951,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $46,787,000,000.
                    (B) Outlays, $42,718,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $51,306,000,000.
                    (B) Outlays, $47,151,000,000.
            (17) General Government (800):
                    Fiscal year 2012:
                    (A) New budget authority, $24,163,000,000,000.
                    (B) Outlays, $30,033,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $21,262,000,000.
                    (B) Outlays, $18,354,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $21,414,000,000.
                    (B) Outlays, $19,949,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $21,586,000,000.
                    (B) Outlays, $20,149,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $21,762,000,000.
                    (B) Outlays, $20,373,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $22,114,000,000.
                    (B) Outlays, $20,531,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $22,470,000,000.
                    (B) Outlays, $20,836,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $22,893,000,000.
                    (B) Outlays, $21,252,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $23,227,000,000.
                    (B) Outlays, $21,614,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $23,622,000,000.
                    (B) Outlays, $21,904,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $23,933,000,000.
                    (B) Outlays, $22,217,000,000.
            (18) Net Interest (900):
                    Fiscal year 2012:
                    (A) New budget authority, $224,064,000,000.
                    (B) Outlays, $224,064,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $183,281,000,000.
                    (B) Outlays, $183,281,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $184,653,000,000.
                    (B) Outlays, $184,653,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $211,497,000,000.
                    (B) Outlays, $211,497,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $293,109,000,000.
                    (B) Outlays, $293,109,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $361,394,000,000.
                    (B) Outlays, $361,394,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $440,040,000,000.
                    (B) Outlays, $440,040,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $501,224,000,000.
                    (B) Outlays, $501,224,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $536,534,000,000.
                    (B) Outlays, $536,534,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $565,473,000,000.
                    (B) Outlays, $565,473,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, -$588,933,000,000.
                    (B) Outlays, -$588,933,000,000.
            (19) Allowances (920):
                    Fiscal year 2012
                    (A) New budget authority, -$45,400,000,000.
                    (B) Outlays, -$45,400,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, -$57,358,000,000.
                    (B) Outlays, -$57,358,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, -$71,118,000,000.
                    (B) Outlays, -$71,118,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, -$79,148,000,000.
                    (B) Outlays, -$79,148,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, -$92,742,000,000.
                    (B) Outlays, -$92,742,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, -$91,236,000,000.
                    (B) Outlays, -$91,236,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, -$86,010,000,000.
                    (B) Outlays, -$86,010,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, -$56,114,000,000.
                    (B) Outlays, -$56,114,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, -$58,063,000,000.
                    (B) Outlays, -$58,063,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, -$58,990,000,000.
                    (B) Outlays, -$58,990,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, -$55,589,000,000.
                    (B) Outlays, -$55,589,000,000.
            (20) Undistributed Offsetting Receipts (950):
                    Fiscal year 2012:
                    (A) New budget authority, -$91,535,000,000.
                    (B) Outlays, -$91,535,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, -$95,678,000,000.
                    (B) Outlays, -$95,678,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, -$96,030,000,000.
                    (B) Outlays, -$96,030,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, -$101,010,000,000.
                    (B) Outlays, -$101,010,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, -$104,680,000,000.
                    (B) Outlays, -$104,680,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, -$117,921,000,000.
                    (B) Outlays, -$117,921,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, -$123,045,000,000.
                    (B) Outlays, -$123,045,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, -$133,352,000,000.
                    (B) Outlays, -$133,352,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, -$138,451,000,000.
                    (B) Outlays, -$138,451,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, -$144,197,000,000.
                    (B) Outlays, -$144,197,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, -$150,911,000,000.
                    (B) Outlays, -$150,911,000,000.
            (21) Global War on Terrorism (970):
                    Fiscal year 2012:
                    (A) New budget authority, $126,544,000,000.
                    (B) Outlays, $126,544,000,000.
                    Fiscal year 2013:
                    (A) New budget authority, $50,000,000,000.
                    (B) Outlays, $50,000,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2015:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2016:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2017:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2018:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2019:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2020:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2021:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2022:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
            (22) Congressional Health Insurance for Seniors (990):
                    Fiscal year 2012:
                    (A) New budget authority, $0.
                    (B) Outlays, $0.
                    Fiscal year 2013:
                    (A) New budget authority, $3,125,000,000.
                    (B) Outlays, $3,125,000,000.
                    Fiscal year 2014:
                    (A) New budget authority, $539,435,000,000.
                    (B) Outlays, $532,135,000,000.
                    Fiscal year 2015:
                    (A) New budget authority, $466,210,000,000.
                    (B) Outlays, $468,810,000,000.
                    Fiscal year 2016:
                    (A) New budget authority, $494,278,000,000.
                    (B) Outlays, $494,278,000,000.
                    Fiscal year 2017:
                    (A) New budget authority, $513,342,000,000.
                    (B) Outlays, $511,342,000,000.
                    Fiscal year 2018:
                    (A) New budget authority, $544,406,000,000.
                    (B) Outlays, $542,406,000,000.
                    Fiscal year 2019:
                    (A) New budget authority, $577,470,000,000.
                    (B) Outlays, $575,470,000,000.
                    Fiscal year 2020:
                    (A) New budget authority, $623,534,000,000.
                    (B) Outlays, $623,534,000,000.
                    Fiscal year 2021:
                    (A) New budget authority, $666,598,000,000.
                    (B) Outlays, $664,598,000,000.
                    Fiscal year 2022:
                    (A) New budget authority, $712,662,000,000.
                    (B) Outlays, $710,662,000,000.

                        TITLE II--RESERVE FUNDS

SEC. 201. DEFICIT-REDUCTION RESERVE FUND FOR THE SALE OF UNUSED OR 
              VACANT FEDERAL PROPERTIES.

    The Chairman of the Committee on the Budget of the Senate may 
reduce the allocations of a committee or committees, aggregates, and 
other appropriate levels and limits in this resolution for one or more 
bills, joint resolutions, amendments, motions, or conference reports 
that achieve savings by selling any unused or vacant Federal 
properties. The Chairman may also make adjustments to the Senate's pay-
as-you-go ledger over 10 years to ensure that the deficit reduction 
achieved is used for deficit reduction only. The adjustments authorized 
under this section shall be of the amount of deficit reduction 
achieved.

SEC. 202. DEFICIT-REDUCTION RESERVE FUND FOR SELLING EXCESS FEDERAL 
              LAND.

    The Chairman of the Committee on the Budget of the Senate may 
reduce the allocations of a committee or committees, aggregates, and 
other appropriate levels and limits in this resolution for one or more 
bills, joint resolutions, amendments, motions, or conference reports 
that achieve savings by selling any excess Federal land. The Chairman 
may also make adjustments to the Senate's pay-as-you-go ledger over 10 
years to ensure that the deficit reduction achieved is used for deficit 
reduction only. The adjustments authorized under this section shall be 
of the amount of deficit reduction achieved.

SEC. 203. DEFICIT-REDUCTION RESERVE FUND FOR THE REPEAL OF DAVIS-BACON 
              PREVAILING WAGE LAWS.

    The Chairman of the Committee on the Budget of the Senate may 
reduce the allocations of a committee or committees, aggregates, and 
other appropriate levels and limits in this resolution for one or more 
bills, joint resolutions, amendments, motions, or conference reports 
from savings achieved by repealing the Davis-Bacon prevailing wage 
laws. The Chairman may also make adjustments to the Senate's pay-as-
you-go ledger over 10 years to ensure that the deficit reduction 
achieved is used for deficit reduction only. The adjustments authorized 
under this section shall be of the amount of deficit reduction 
achieved.

SEC. 204. DEFICIT-REDUCTION RESERVE FUND FOR THE REDUCTION OF 
              PURCHASING AND MAINTAINING FEDERAL VEHICLES.

    The Chairman of the Committee on the Budget of the Senate may 
reduce the allocations of a committee or committees, aggregates, and 
other appropriate levels and limits in this resolution for one or more 
bills, joint resolutions, amendments, motions, or conference reports 
that achieve savings by reducing the federal vehicles fleet. The 
Chairman may also make adjustments to the Senate's pay-as-you-go ledger 
over 10 years to ensure that the deficit reduction achieved is used for 
deficit reduction only. The adjustments authorized under this section 
shall be of the amount of deficit reduction achieved.

SEC. 205. DEFICIT-REDUCTION RESERVE FUND FOR THE SALE OF FINANCIAL 
              ASSETS PURCHASED THROUGH THE TROUBLED ASSET RELIEF 
              PROGRAM.

    The Chairman of the Committee on the Budget of the Senate may 
reduce the allocations of a committee or committees, aggregates, and 
other appropriate levels and limits in this resolution for one or more 
bills, joint resolutions, amendments, motions, or conference reports 
that achieve savings by selling financial instruments and equity 
accumulated through the Troubled Asset Relief Program. The Chairman may 
also make adjustments to the Senate's pay-as-you-go ledger over 10 
years to ensure that the deficit reduction achieved is used for deficit 
reduction only. The adjustments authorized under this section shall be 
of the amount of deficit reduction achieved.

                       TITLE III--BUDGET PROCESS

                     Subtitle A--Budget Enforcement

SEC. 301. DISCRETIONARY SPENDING LIMITS FOR FISCAL YEARS 2012 THROUGH 
              2022, PROGRAM INTEGRITY INITIATIVES, AND OTHER 
              ADJUSTMENTS.

    (a) Senate Point of Order.--
            (1) In general.--Except as otherwise provided in this 
        section, it shall not be in order in the Senate to consider any 
        bill or joint resolution (or amendment, motion, or conference 
        report on that bill or joint resolution) that would cause the 
        discretionary spending limits in this section to be exceeded.
            (2) Supermajority waiver and appeals.--
                    (A) Waiver.--This subsection may be waived or 
                suspended in the Senate only by the affirmative vote of 
                two-thirds of the Members, duly chosen and sworn.
                    (B) Appeals.--Appeals in the Senate from the 
                decisions of the Chair relating to any provision of 
                this subsection shall be limited to 1 hour, to be 
                equally divided between, and controlled by, the 
                appellant and the manager of the bill or joint 
                resolution. An affirmative vote of two-thirds of the 
                Members of the Senate, duly chosen and sworn, shall be 
                required to sustain an appeal of the ruling of the 
                Chair on a point of order raised under this subsection.
    (b) Senate Discretionary Spending Limits.--In the Senate and as 
used in this section, the term ``discretionary spending limit'' means--
            (1) for fiscal year 2012, $1,201,863,000,000 in new budget 
        authority and $1,308,512,000,000 in outlays;
            (2) for fiscal year 2013, $934,104,000,000 in new budget 
        authority and $1,023,435,000,000 in outlays;
            (3) for fiscal year 2014, $891,861,000,000 in new budget 
        authority and $965,519,000,000 in outlays;
            (4) for fiscal year 2015, $906,188,000,000 in new budget 
        authority and $943,141,000,000 in outlays;
            (5) for fiscal year 2016 $921,824,000,000 in new budget 
        authority and $955,362,000,000 in outlays;
            (6) for fiscal year 2017, $939,918,000,000 in new budget 
        authority and $964,874,000,000 in outlays;
            (7) for fiscal year 2018, $958,654,000,000 in new budget 
        authority and $974,728,000,000 in outlays;
            (8) for fiscal year 2019, $977,693,000,000 in new budget 
        authority and $998,696,000,000 in outlays;
            (9) for fiscal year 2020, $997,939,000,000 in new budget 
        authority and $1,018,172,000,000 in outlays;
            (10) for fiscal year 2021, $1,018,340,000,000 in new budget 
        authority and $1,038,189,000,000 in outlays; and
            (11) for fiscal year 2022, $1,040,081,000,000 in new budget 
        authority and $1,064,838,000,000 in outlays;
as adjusted in conformance with the adjustment procedures in subsection 
(c).
    (c) Adjustments in the Senate.--
            (1) In general.--After the reporting of a bill or joint 
        resolution relating to any matter described in paragraph (2), 
        or the offering of an amendment or motion thereto or the 
        submission of a conference report thereon--
                    (A) the Chairman of the Committee on the Budget of 
                the Senate may adjust the discretionary spending 
                limits, budgetary aggregates, and allocations pursuant 
                to section 302(a) of the Congressional Budget Act of 
                1974, by the amount of new budget authority in that 
                measure for that purpose and the outlays flowing 
                therefrom; and
                    (B) following any adjustment under subparagraph 
                (A), the Committee on Appropriations of the Senate may 
                report appropriately revised suballocations pursuant to 
                section 302(b) of the Congressional Budget Act of 1974 
                to carry out this subsection.
            (2) Adjustments to support ongoing overseas deployments and 
        other activities.--
                    (A) Adjustments.--The Chairman of the Committee on 
                the Budget of the Senate may adjust the discretionary 
                spending limits, allocations to the Committee on 
                Appropriations of the Senate, and aggregates for one or 
                more--
                            (i) bills reported by the Committee on 
                        Appropriations of the Senate or passed by the 
                        House of Representatives;
                            (ii) joint resolutions or amendments 
                        reported by the Committee on Appropriations of 
                        the Senate;
                            (iii) amendments between the Houses 
                        received from the House of Representatives or 
                        Senate amendments offered by the authority of 
                        the Committee on Appropriations of the Senate; 
                        or
                            (iv) conference reports;
                making appropriations for overseas deployments and 
                other activities in the amounts specified in 
                subparagraph (B).
                    (B) Amounts specified.--The amounts specified are--
                            (i) for fiscal year 2012, $126,544,000,000 
                        in new budget authority and the outlays flowing 
                        therefrom;
                            (ii) for fiscal year 2013, $50,000,000,000 
                        in new budget authority and the outlays flowing 
                        therefrom;
                            (iii) for fiscal year 2014, $0 in new 
                        budget authority and the outlays flowing 
                        therefrom;
                            (iv) for fiscal year 2015, $0 in new budget 
                        authority and the outlays flowing therefrom;
                            (v) for fiscal year 2016, $0 in new budget 
                        authority and the outlays flowing therefrom;
                            (vi) for fiscal year 2017, $0 in new budget 
                        authority and the outlays flowing therefrom;
                            (vii) for fiscal year 2018, $0 in new 
                        budget authority and the outlays flowing 
                        therefrom;
                            (viii) for fiscal year 2019, $0 in new 
                        budget authority and the outlays flowing 
                        therefrom;
                            (ix) for fiscal year 2020, $0 in new budget 
                        authority and the outlays flowing therefrom;
                            (x) for fiscal year 2021, $0 in new budget 
                        authority and the outlays flowing therefrom; 
                        and
                            (xi) for fiscal year 2022, $0 in new budget 
                        authority and the outlays flowing therefrom.

SEC. 302. POINT OF ORDER AGAINST ADVANCE APPROPRIATIONS.

    (a) Point of Order.--It shall not be in order in the Senate to 
consider any bill, joint resolution, motion, amendment, or conference 
report that would provide an advance appropriation.
    (b) Definition.--In this section, the term ``advance 
appropriation'' means any new budget authority provided in a bill or 
joint resolution making appropriations for fiscal year 2013 that first 
becomes available for any fiscal year after 2012, or any new budget 
authority provided in a bill or joint resolution making general 
appropriations or continuing appropriations for fiscal year 2013, that 
first becomes available for any fiscal year after 2013.

SEC. 303. EMERGENCY LEGISLATION.

    (a) Authority To Designate.--In the Senate, with respect to a 
provision of direct spending or receipts legislation or appropriations 
for discretionary accounts that Congress designates as an emergency 
requirement in such measure, the amounts of new budget authority, 
outlays, and receipts in all fiscal years resulting from that provision 
shall be treated as an emergency requirement for the purpose of this 
section.
    (b) Exemption of Emergency Provisions.--Any new budget authority, 
outlays, and receipts resulting from any provision designated as an 
emergency requirement, pursuant to this section, in any bill, joint 
resolution, amendment, or conference report shall not count for 
purposes of sections 302 and 311 of the Congressional Budget Act of 
1974, section 201 of S. Con. Res. 21 (110th Congress) (relating to pay-
as-you-go), section 311 of S. Con. Res. 70 (110th Congress) (relating 
to long-term deficits), and section 404 of S. Con. Res. 13 (111th 
Congress) (relating to short-term deficits), and section 301 of this 
resolution (relating to discretionary spending). Designated emergency 
provisions shall not count for the purpose of revising allocations, 
aggregates, or other levels pursuant to procedures established under 
section 301(b)(7) of the Congressional Budget Act of 1974 for deficit-
neutral reserve funds and revising discretionary spending limits set 
pursuant to section 301 of this resolution.
    (c) Designations.--If a provision of legislation is designated as 
an emergency requirement under this section, the committee report and 
any statement of managers accompanying that legislation shall include 
an explanation of the manner in which the provision meets the criteria 
in subsection (f).
    (d) Definitions.--In this section, the terms ``direct spending'', 
``receipts'', and ``appropriations for discretionary accounts'' mean 
any provision of a bill, joint resolution, amendment, motion, or 
conference report that affects direct spending, receipts, or 
appropriations as those terms have been defined and interpreted for 
purposes of the Balanced Budget and Emergency Deficit Control Act of 
1985.
    (e) Point of Order.--
            (1) In general.--When the Senate is considering a bill, 
        resolution, amendment, motion, or conference report, if a point 
        of order is made by a Senator against an emergency designation 
        in that measure, that provision making such a designation shall 
        be stricken from the measure and may not be offered as an 
        amendment from the floor.
            (2) Supermajority waiver and appeals.--
                    (A) Waiver.--Paragraph (1) may be waived or 
                suspended in the Senate only by an affirmative vote of 
                two-thirds of the Members, duly chosen and sworn.
                    (B) Appeals.--Appeals in the Senate from the 
                decisions of the Chair relating to any provision of 
                this subsection shall be limited to 1 hour, to be 
                equally divided between, and controlled by, the 
                appellant and the manager of the bill or joint 
                resolution, as the case may be. An affirmative vote of 
                three-fifths of the Members of the Senate, duly chosen 
                and sworn, shall be required to sustain an appeal of 
                the ruling of the Chair on a point of order raised 
                under this subsection.
            (3) Definition of an emergency designation.--For purposes 
        of paragraph (1), a provision shall be considered an emergency 
        designation if it designates any item as an emergency 
        requirement pursuant to this subsection.
            (4) Form of the point of order.--A point of order under 
        paragraph (1) may be raised by a Senator as provided in section 
        313(e) of the Congressional Budget Act of 1974.
            (5) Conference reports.--When the Senate is considering a 
        conference report on, or an amendment between the Houses in 
        relation to, a bill, upon a point of order being made by any 
        Senator pursuant to this section, and such point of order being 
        sustained, such material contained in such conference report 
        shall be deemed stricken, and the Senate shall proceed to 
        consider the question of whether the Senate shall recede from 
        its amendment and concur with a further amendment, or concur in 
        the House amendment with a further amendment, as the case may 
        be, which further amendment shall consist of only that portion 
        of the conference report or House amendment, as the case may 
        be, not so stricken. Any such motion in the Senate shall be 
        debatable. In any case in which such point of order is 
        sustained against a conference report (or Senate amendment 
        derived from such conference report by operation of this 
        subsection), no further amendment shall be in order.
    (f) Criteria.--
            (1) In general.--For purposes of this section, any 
        provision is an emergency requirement if the situation 
        addressed by such provision is--
                    (A) necessary, essential, or vital (not merely 
                useful or beneficial);
                    (B) sudden, quickly coming into being, and not 
                building up over time;
                    (C) an urgent, pressing, and compelling need 
                requiring immediate action;
                    (D) subject to subparagraph (B), unforeseen, 
                unpredictable, and unanticipated; and
                    (E) not permanent, temporary in nature.
            (2) Unforeseen.--An emergency that is part of an aggregate 
        level of anticipated emergencies, particularly when normally 
        estimated in advance, is not unforeseen.
    (g) Inapplicability.--In the Senate, section 403 of S. Con. Res. 13 
(111th Congress), the concurrent resolution on the budget for fiscal 
year 2010, shall no longer apply.

SEC. 304. ADJUSTMENTS FOR THE EXTENSION OF CERTAIN CURRENT POLICIES.

    (a) Adjustment.--For the purposes of determining points of order 
specified in subsection (b), the Chairman of the Committee on the 
Budget of the Senate may adjust the estimate of the budgetary effects 
of a bill, joint resolution, amendment, motion, or conference report 
that contains one or more provisions meeting the criteria of subsection 
(c) to exclude the amounts of qualifying budgetary effects.
    (b) Covered Points of Order.--The Chairman of the Committee on the 
Budget of the Senate may make adjustments pursuant to this section for 
the following points of order only:
            (1) Section 201 of S. Con. Res. 21 (110th Congress) 
        (relating to pay-as-you-go).
            (2) Section 311 of S. Con. Res. 70 (110th Congress) 
        (relating to long-term deficits).
            (3) Section 404 of S. Con. Res. 13 (111th Congress) 
        (relating to short-term deficits).
    (c) Qualifying Legislation.--The Chairman of the Committee on the 
Budget of the Senate may make adjustments authorized under subsection 
(a) for legislation containing provisions that--
            (1) amend or supersede the system for updating payments 
        made under subsections 1848 (d) and (f) of the Social Security 
        Act, consistent with section 7(c) of the Statutory Pay-As-You-
        Go Act of 2010 (Public Law 111-139);
            (2) amend the Internal Revenue Code of 1986, in order to 
        establish a single, flat tax rate of 17 percent consistent with 
        section 7(d) of the Statutory Pay-As-You-Go Act of 2010; and
            (3) extend relief from the Alternative Minimum Tax for 
        individuals under sections 55-59 of the Internal Revenue Code 
        of 1986, consistent with section 7(e) of the Statutory Pay-As-
        You-Go Act of 2010.
    (d) Definition.--For the purposes of this section, the terms 
``budgetary effects'' or ``effects'' mean the amount by which a 
provision changes direct spending or revenues relative to the baseline.
    (e) Sunset.--This section shall expire on December 31, 2012.

                      Subtitle B--Other Provisions

SEC. 311. OVERSIGHT OF GOVERNMENT PERFORMANCE.

    In the Senate, all committees are directed to review programs and 
tax expenditures within their jurisdiction to identify waste, fraud, 
abuse or duplication, and increase the use of performance data to 
inform committee work. Committees are also directed to review the 
matters for congressional consideration identified on the Government 
Accountability Office's High Risk list reports. Based on these 
oversight efforts and performance reviews of programs within their 
jurisdiction, committees are directed to include recommendations for 
improved governmental performance in their annual views and estimates 
reports required under section 301(d) of the Congressional Budget Act 
of 1974 to the Committees on the Budget.

SEC. 312. APPLICATION AND EFFECT OF CHANGES IN ALLOCATIONS AND 
              AGGREGATES.

    (a) Application.--Any adjustments of allocations and aggregates 
made pursuant to this resolution shall--
            (1) apply while that measure is under consideration;
            (2) take effect upon the enactment of that measure; and
            (3) be published in the Congressional Record as soon as 
        practicable.
    (b) Effect of Changed Allocations and Aggregates.--Revised 
allocations and aggregates resulting from these adjustments shall be 
considered for the purposes of the Congressional Budget Act of 1974 as 
allocations and aggregates contained in this resolution.
    (c) Budget Committee Determinations.--For purposes of this 
resolution the levels of new budget authority, outlays, direct 
spending, new entitlement authority, revenues, deficits, and surpluses 
for a fiscal year or period of fiscal years shall be determined on the 
basis of estimates made by the Committee on the Budget of the Senate.

SEC. 313. ADJUSTMENTS TO REFLECT CHANGES IN CONCEPTS AND DEFINITIONS.

    Upon the enactment of a bill or joint resolution providing for a 
change in concepts or definitions, the Chairman of the Committee on the 
Budget of the Senate may make adjustments to the levels and allocations 
in this resolution in accordance with section 251(b) of the Balanced 
Budget and Emergency Deficit Control Act of 1985 (as in effect prior to 
September 30, 2002).

SEC. 314. RESCIND UNSPENT OR UNOBLIGATED BALANCES AFTER 36 MONTHS.

    (a) Application.--Any adjustments of allocations and aggregates 
made pursuant to this resolution shall require that any unobligated or 
unspent allocations be rescinded after 36 months.
    (b) Effect of Changed Allocations and Aggregates.--Revised 
allocations and aggregates resulting from these adjustments resulting 
from the required rescissions shall be considered for the purposes of 
the Congressional Budget Act of 1974 as allocations and aggregates 
contained in this resolution.
    (c) Budget Committee Determinations.--For purposes of this 
resolution the levels of new budget authority, outlays, direct 
spending, new entitlement authority, revenues, deficits, and surpluses 
for a fiscal year or period of fiscal years shall be determined on the 
basis of estimates made by the Committee on the Budget of the Senate.

                        TITLE IV--RECONCILIATION

SEC. 401. RECONCILIATION IN THE SENATE.

    (a) Submission to Provide for the Reform of Mandatory Spending.--
            (1) In general.--Not later than September 1, 2012, the 
        Senate committees named in paragraph (2) shall submit their 
        recommendations to the Committee on the Budget of the United 
        States Senate. After receiving those recommendations from the 
        applicable committees of the Senate, the Committee on the 
        Budget shall report to the Senate a reconciliation bill 
        carrying out all such recommendations without substantive 
        revision.
            (2) Instructions.--
                    (A) Committee on foreign relations.--The Committee 
                on Foreign Relations shall report changes in law within 
                its jurisdiction sufficient to reduce direct spending 
                by $2,864,000,000 for the period of fiscal years 2013 
                through 2022.
                    (B) Committee on commerce, science, and 
                transportation.--The Committee on Commerce, Science, 
                and Transportation shall report changes in law within 
                its jurisdiction sufficient to reduce direct spending 
                outlays by $2,432,000,000 for the period of fiscal 
                years 2013 through 2022.
                    (C) Committee on agriculture, nutrition, and 
                forestry.--The Committee on Agriculture, Nutrition, and 
                Forestry shall report changes in law within its 
                jurisdiction sufficient to reduce direct spending 
                outlays by $6,100,000,000 for the period of fiscal 
                years 2013 through 2022.
                    (D) Committee on environment and public works.--The 
                Committee on Environment and Public Works shall report 
                changes in laws within its jurisdiction sufficient to 
                reduce direct spending outlays by $3,422,000,000 for 
                the period of fiscal years 2013 through 2022.
                    (E) Committee on health, education, labor, and 
                pensions.--The Committee on Health, Education, Labor, 
                and Pensions shall report changes in laws within its 
                jurisdiction sufficient to reduce direct spending 
                outlays by $1,584,000,000,000 for the period of fiscal 
                years 2013 through 2022.
                    (F) Committee on finance.--The Committee on Finance 
                shall report changes in laws within its jurisdiction 
                sufficient to reduce direct spending outlays by 
                $3,473,634,000,000 for the period of fiscal years 2013 
                through 2022.
                    (G) Committee on energy and natural resources.--The 
                Committee on Energy and Natural Resources shall report 
                changes in laws within its jurisdiction sufficient to 
                reduce direct spending outlays by $7,818,000,000 for 
                the period of fiscal years 2013 through 2022.
    (b) Submission of Revised Allocations.--Upon the submission to the 
Committee on the Budget of the Senate of a recommendation that has 
complied with its reconciliation instructions solely by virtue of 
section 310(c) of the Congressional Budget Act of 1974, the chairman of 
that committee may file with the Senate revised allocations under 
section 302(a) of such Act and revised functional levels and 
aggregates.

SEC. 402. DIRECTIVE TO THE COMMITTEE ON THE BUDGET OF THE SENATE TO 
              REPLACE THE SEQUESTER ESTABLISHED BY THE BUDGET CONTROL 
              ACT OF 2011.

    (a) Submission.--In the Senate, the Committee on the Budget shall 
report to the Senate a bill carrying out the directions set forth in 
subsection (b).
    (b) Directions.--The bill referred to in subsection (a) shall 
include the following provisions:
            (1) Replacing the sequester established by the budget 
        control act of 2011.--The language shall amend section 251A of 
        the Balanced Budget and Emergency Deficit Control Act of 1985 
        to replace the sequester established under that section 
        consistent with this concurrent resolution.
            (2) Application of provisions.--The bill referred to in 
        subsection (a) shall include language making it application 
        contingent upon the enactment of the reconciliation bill 
        referred to in section 401.

                 TITLE V--CONGRESSIONAL POLICY CHANGES

SEC. 501. POLICY STATEMENT ON SOCIAL SECURITY.

    It is the policy of this concurrent resolution that Congress and 
the relevant committees of jurisdiction enact legislation to ensure the 
Social Security System achieves solvency over the 75 year window as 
follows:
            (1) The legislation must modify the Primary Insurance 
        Amount formula between 2018 and 2055 to gradually reduce 
        benefits on a progressive basis for works with career-average 
        earnings above the 40th percentile of new retired workers.
            (2) The normal retirement age will increase by 3 months 
        each year starting with individuals reaching age 62 in 2017 and 
        stopping with the normal retirement age reaches the age of 70 
        for individuals reaching the age of 62 in 2032.
            (3) The earliest eligibility age will be increased by 3 
        months per year starting with individuals reaching age 62 in 
        2021 and will stop with the reaches age 64 for individuals 
        reaching the age 62 in 2028 or later.

SEC. 502. POLICY STATEMENT ON MEDICARE.

    It is the policy of this concurrent resolution that Congress and 
the relevant committees of jurisdiction enact legislation to ensure a 
reduction in the unfunded liabilities of Medicare as follows:
            (1) Enrolls seniors in the same health care plan as Federal 
        employees and Members of Congress, similar to the Federal 
        Employee Health Benefits Plan (FEHBP).
            (2) Beginning on January 1, 2014, the Director of the 
        Office of Personnel Management shall ensure seniors currently 
        enrolled or eligible for Medicare will have access to 
        Congressional Health Care for Seniors Act.
            (3) Prevents the Office of Personnel and Management from 
        placing onerous new mandates on health insurance plans, but 
        allows the agency to continue to enforce reasonable minimal 
        stands for plans, ensure the plans are fiscally solvent, and 
        enforces rules for consumer protections.
            (4) The legislation must create a new ``high-risk pool'' 
        for the highest cost patients, providing a direct reimbursement 
        to health care plans that enroll the costliest 5 percent of 
        patients.
            (5) Ensures that every senior can afford the high-quality 
        insurance offered by FEHBP, providing support for 75 percent of 
        the total costs, providing additional premium assistance to 
        those who cannot afford the remaining share.
            (6) The legislation must increase the age of eligibility 
        gradually over 20 years, increasing the age from 65 to 70, 
        resulting in a 3-month increase per year.
            (7) High-income seniors will be provided less premium 
        support than low-income seniors.

SEC. 503. POLICY STATEMENT ON TAX REFORM.

    It is the policy of this concurrent resolution that Congress and 
the relevant committees of jurisdiction enact legislation to ensure a 
tax reform that broadens the tax base, reduces tax complexity, includes 
a consumption-based income tax, and a globally competitive flat tax as 
follows:
            (1) This concurrent resolution shall eliminate all tax 
        brackets and have one standard flat tax rate of 17 percent on 
        adjusted gross income. The individual tax code shall remove all 
        credits and deductions, with exception to the mortgage interest 
        deduction, offsetting these with a substantially higher 
        standard deduction and personal exemption. The standard 
        deduction for joint filers is $30,320, $19,350 for head of 
        household, and $15,160 for single filers. The personal 
        exemption amount is $6,530. This proposal eliminates the 
        individual alternative minimum tax (AMT). The tax reform would 
        repeal all tax on savings and investments, including capital 
        gains, qualified and ordinary dividends, estate, gift, and 
        interest saving taxes.
            (2) This concurrent resolution shall eliminate all tax 
        brackets and have one standard flat tax of 17 percent on 
        adjusted gross income. The business tax code shall remove all 
        credits and deductions, offsetting these with a lower tax rate 
        and immediate expensing of all business inputs. Such inputs 
        shall be determined by total revenue from the sale of good and 
        services less purchases of inputs from other firms less wages, 
        salaries, and pensions paid to workers less purchases of plant 
        and equipment.
            (3) The individuals and businesses would be subject to 
        taxation on only those incomes that are produced or derived, as 
        a territorial system in the United States. The aggregate taxes 
        paid should provide the ability to fill out a tax return no 
        larger than a postcard.

                      TITLE VI--SENSE OF CONGRESS

SEC. 601. REGULATORY REFORM.

    It is the policy of this concurrent resolution that Congress and 
the relevant committees of jurisdiction enact legislation to ensure a 
regulatory reform as follows:
            (1) Apply regulatory analysis requirements to independent 
        agencies.--It shall be the policy of Congress to pass into law 
        a requirement for independent agencies to abide by the same 
        regulatory analysis requirement as those required by executive 
        branch agencies
            (2) Adopt the regulations from the executive in need of 
        scrutiny act (reins).--It shall be the of Congress to vote on 
        the Executive In Need of Scrutiny Act, legislation that would 
        require all regulations that impose a burden greater than $100 
        million in economic aggregate may not be implement as law 
        unless Congress gives their consent by voting on the rule.
            (3) Sunset all regulations.--It shall be the policy of 
        Congress that regulations imposed by the Federal Government 
        shall automatically sunset every 2 years unless repromulgated 
        by Congress.
            (4) Process reform.--It shall be the policy of Congress to 
        implement regulatory process reform by instituting statutorily 
        require regulatory impact analysis for all agencies, require 
        the publication of regulatory impact analysis before the 
        regulation is finalized, and ensure that not only are 
        regulatory impact analysis conducted, but applied to the issued 
        regulation or rulemaking.
            (5) Incorporation of formal rulemaking for major rules.--It 
        shall be the policy of Congress to apply formal rulemaking 
        procedures to all major regulations or those regulations that 
        exceed $100,000,000 in aggregate economic costs.

                                                       Calendar No. 355

112th CONGRESS

  2d Session

                            S. CON. RES. 40

_______________________________________________________________________

                         CONCURRENT RESOLUTION

Setting forth the congressional budget for the United States Government 
  for fiscal year 2013, revising the appropriate budgetary levels for 
 fiscal year 2012, and setting forth the appropriate budgetary levels 
                  for fiscal years 2013 through 2022.

_______________________________________________________________________

                             April 16, 2012

   Committee discharged pursuant to Section 300 of the Congressional 
                   Budget Act; placed on the calendar
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