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fiscal year 2000, $9,400,000,000 in budget authority and
$0 in outlays in fiscal year 2001, and $9,800,000,000 in
budget authority and $0 in fiscal year 2002.
(n) The House Committee on Veterans’ Affairs shall
report changes in laws within its jurisdiction that provide
direct spending sufficient to reduce budget authority and
outlays as follows: $1,100,000,000 in budget authority
and $1,000,000,000 in outlays in fiscal year 1996,
$1,200,000,000 in budget authority and $1,200,000,000
in outlays in fiscal year 1997, $1,300,000,000 in budget
authority and $1,300,000,000 in outlays in fiscal year
1998, 
$1,900,000,000 
in 
budget 
authority 
and
$1,900,000,000 
in 
outlays 
in 
fiscal 
year 
1999,
$2,100,000,000 in budget authority and $2,200,000,000
in outlays in fiscal year 2000, $2,100,000,000 in budget
authority and $2,300,000,000 in outlays in fiscal year
2001, and $2,400,000,000 in budget authority and
$2,600,000,000 in fiscal year 2002.
(o) The House Committee on Ways and Means shall
report changes in laws within its jurisdiction sufficient to
reduce the deficit, as follows: $45,300,000,000 in fiscal
year 1996, $32,000,000,000 in fiscal year 1997,
$39,300,000,000 in fiscal year 1998, $52,000,000,000 in
fiscal year 1999, $66,700,000,000 in fiscal year 2000,
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$82,100,000,000 
in 
fiscal 
year 
2001, 
and
$97,400,000,000 in fiscal year 2002.
(p) For purposes of this section, the term ‘‘direct
spending’’ has the meaning given to such term in section
250(c)(8) of the Balanced Budget and Emergency Deficit
Control Act of 1985 and the term ‘‘new budget authority’’
has the meaning given to such term in section 3(2) of the
Congressional Budget and Impoundment Control Act of
1974.
SEC. 5. SENSE OF THE HOUSE REGARDING SOCIAL
SECURITY.
It is the sense of the House of Representatives that
legislation should be enacted that:
(1) Prohibits the use of the surplus funds col-
lected as part of the social security payroll tax from
being used to balance the budget or reduce the defi-
cit.
(2) Starting in 1996, sets aside these surplus
funds to preserve and protect the social security sys-
tem.
(3) Establishes a bipartisan commission to
oversee the protection of these surplus funds, the
primary purpose of which is to establish a safe and
secure mechanism to preserve these funds.
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(4) Provides that as the Federal debt is repaid,
the social security funds that are currently part of
the $4,900,000,000,000 Federal debt as well as in-
terest on these funds shall also be repaid and set
aside under the mechanism established under para-
graphs (2) and (3).
SEC. 6. SENSE OF THE HOUSE REGARDING DEBT REPAY-
MENT.
It is the sense of the House of Representatives that:
(1) The Congress has a basic moral and ethical
responsibility to future generations to repay the
Federal debt. The Congress should enact a plan that
not only balances the budget but also institutes a
regimen for paying off the Federal debt.
(2) After the budget is balanced, spending
should be allowed to grow at a rate slower than ex-
pected revenues so that a surplus is created which
can be used to begin paying off the debt.
(3) Such a plan should be enacted into law so
that this generation can save our children and
grandchildren from the crushing burdens of the Fed-
eral debt.
Æ
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