III 
Calendar No. 365 
113TH CONGRESS 
2D SESSION 
H. CON. RES. 96 
IN THE SENATE OF THE UNITED STATES 
APRIL 11, 2014 
Received and referred to the Committee on the Budget; committee discharged 
pursuant to Section 300 of the Congressional Budget Act; placed on the 
calendar 
CONCURRENT RESOLUTION 
Establishing the budget for the United States Government 
for fiscal year 2015 and setting forth appropriate budg-
etary levels for fiscal years 2016 through 2024. 
Resolved by the House of Representatives (the Senate 
concurring), 
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET 
FOR FISCAL YEAR 2015. 
(a) DECLARATION.—The Congress determines and 
declares that this concurrent resolution establishes the 
budget for fiscal year 2015 and sets forth appropriate 
budgetary levels for fiscal years 2016 through 2024. 
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(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 2015. 
TITLE I—RECOMMENDED LEVELS AND AMOUNTS 
Sec. 101. Recommended levels and amounts. 
Sec. 102. Major functional categories. 
TITLE II—RECOMMENDED LONG-TERM LEVELS 
Sec. 201. Long-term budgeting. 
TITLE III—RESERVE FUNDS 
Sec. 301. Reserve fund for the repeal of the 2010 health care laws. 
Sec. 302. Deficit-neutral reserve fund for the reform of the 2010 health care 
laws. 
Sec. 303. Deficit-neutral reserve fund related to the Medicare provisions of the 
2010 health care laws. 
Sec. 304. Deficit-neutral reserve fund for the sustainable growth rate of the 
Medicare program. 
Sec. 305. Deficit-neutral reserve fund for reforming the tax code. 
Sec. 306. Deficit-neutral reserve fund for trade agreements. 
Sec. 307. Deficit-neutral reserve fund for revenue measures. 
Sec. 308. Deficit-neutral reserve fund for rural counties and schools. 
Sec. 309. Deficit-neutral reserve fund for transportation. 
Sec. 310. Deficit-neutral reserve fund to reduce poverty and increase oppor-
tunity and upward mobility. 
TITLE IV—ESTIMATES OF DIRECT SPENDING 
Sec. 401. Direct spending. 
TITLE V—BUDGET ENFORCEMENT 
Sec. 501. Limitation on advance appropriations. 
Sec. 502. Concepts and definitions. 
Sec. 503. Adjustments of aggregates, allocations, and appropriate budgetary 
levels. 
Sec. 504. Limitation on long-term spending. 
Sec. 505. Budgetary treatment of certain transactions. 
Sec. 506. Application and effect of changes in allocations and aggregates. 
Sec. 507. Congressional Budget Office estimates. 
Sec. 508. Transfers from the general fund of the Treasury to the Highway 
Trust Fund that increase public indebtedness. 
Sec. 509. Separate allocation for overseas contingency operations/global war on 
terrorism. 
Sec. 510. Exercise of rulemaking powers. 
TITLE VI—POLICY STATEMENTS 
Sec. 601. Policy statement on economic growth and job creation. 
Sec. 602. Policy statement on tax reform. 
Sec. 603. Policy statement on replacing the President’s health care law. 
Sec. 604. Policy statement on Medicare. 
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Sec. 605. Policy statement on Social Security. 
Sec. 606. Policy statement on higher education and workforce development op-
portunity. 
Sec. 607. Policy statement on deficit reduction through the cancellation of un-
obligated balances. 
Sec. 608. Policy statement on responsible stewardship of taxpayer dollars. 
Sec. 609. Policy statement on deficit reduction through the reduction of unnec-
essary and wasteful spending. 
Sec. 610. Policy statement on unauthorized spending. 
Sec. 611. Policy statement on Federal regulatory policy. 
Sec. 612. Policy statement on trade. 
Sec. 613. No budget, no pay. 
TITLE I—RECOMMENDED 
LEVELS AND AMOUNTS 
SEC. 101. RECOMMENDED LEVELS AND AMOUNTS. 
The following budgetary levels are appropriate for 
each of fiscal years 2015 through 2024: 
(1) FEDERAL REVENUES.—For purposes of the 
enforcement of this concurrent resolution: 
(A) The recommended levels of Federal 
revenues are as follows: 
Fiscal year 2015: $2,533,841,000,000. 
Fiscal year 2016: $2,676,038,000,000. 
Fiscal year 2017: $2,789,423,000,000. 
Fiscal year 2018: $2,890,308,000,000. 
Fiscal year 2019: $3,014,685,000,000. 
Fiscal year 2020: $3,148,637,000,000. 
Fiscal year 2021: $3,294,650,000,000. 
Fiscal year 2022: $3,456,346,000,000. 
Fiscal year 2023: $3,626,518,000,000. 
Fiscal year 2024: $3,807,452,000,000. 
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(B) The amounts by which the aggregate 
levels of Federal revenues should be changed 
are as follows: 
Fiscal year 2015: $0. 
Fiscal year 2016: $0. 
Fiscal year 2017: $0. 
Fiscal year 2018: $0. 
Fiscal year 2019: $0. 
Fiscal year 2020: $0. 
Fiscal year 2021: $0. 
Fiscal year 2022: $0. 
Fiscal year 2023: $0. 
Fiscal year 2024: $0. 
(2) NEW BUDGET AUTHORITY.—For purposes 
of the enforcement of this concurrent resolution, the 
appropriate levels of total new budget authority are 
as follows: 
Fiscal year 2015: $2,842,226,000,000. 
Fiscal year 2016: $2,858,059,000,000. 
Fiscal year 2017: $2,957,321,000,000. 
Fiscal year 2018: $3,059,410,000,000. 
Fiscal year 2019: $3,210,987,000,000. 
Fiscal year 2020: $3,360,435,000,000. 
Fiscal year 2021: $3,460,524,000,000. 
Fiscal year 2022: $3,587,380,000,000. 
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Fiscal year 2023: $3,660,151,000,000. 
Fiscal year 2024: $3,706,695,000,000. 
(3) BUDGET OUTLAYS.—For purposes of the 
enforcement of this concurrent resolution, the appro-
priate levels of total budget outlays are as follows: 
Fiscal year 2015: $2,920,026,000,000. 
Fiscal year 2016: $2,889,484,000,000. 
Fiscal year 2017: $2,949,261,000,000. 
Fiscal year 2018: $3,034,773,000,000. 
Fiscal year 2019: $3,185,472,000,000. 
Fiscal year 2020: $3,320,927,000,000. 
Fiscal year 2021: $3,433,392,000,000. 
Fiscal year 2022: $3,577,963,000,000. 
Fiscal year 2023: $3,632,642,000,000. 
Fiscal year 2024: $3,676,374,000,000. 
(4) DEFICITS (ON-BUDGET).—For purposes of 
the enforcement of this concurrent resolution, the 
amounts of the deficits (on-budget) are as follows: 
Fiscal year 2015: -$386,186,000,000. 
Fiscal year 2016: -$213,446,000,000. 
Fiscal year 2017: -$159,838,000,000. 
Fiscal year 2018: -$144,466,000,000. 
Fiscal year 2019: -$170,787,000,000. 
Fiscal year 2020: -$172,290,000,000. 
Fiscal year 2021: -$138,741,000,000. 
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(A) 
New 
budget 
authority, 
$624,416,000,000. 
(B) Outlays, $611,902,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$638,697,000,000. 
(B) Outlays, $626,175,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$653,001,000,000. 
(B) Outlays, $640,499,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$669,967,000,000. 
(B) Outlays, $661,181,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$687,393,000,000. 
(B) Outlays, $672,922,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$706,218,000,000. 
(B) Outlays, $685,796,000,000. 
(2) International Affairs (150): 
Fiscal year 2015: 
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(A) 
New 
budget 
authority, 
$38,695,000,000. 
(B) Outlays, $39,029,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$39,734,000,000. 
(B) Outlays, $37,976,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$40,642,000,000. 
(B) Outlays, $38,229,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$41,589,000,000. 
(B) Outlays, $38,822,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$42,513,000,000. 
(B) Outlays, $39,553,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$43,497,000,000. 
(B) Outlays, $40,114,000,000. 
Fiscal year 2021: 
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(A) 
New 
budget 
authority, 
$44,004,000,000. 
(B) Outlays, $40,701,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$45,271,000,000. 
(B) Outlays, $41,749,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$46,287,000,000. 
(B) Outlays, $42,667,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$47,349,000,000. 
(B) Outlays, $43,624,000,000. 
(3) General Science, Space, and Technology 
(250): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$27,941,000,000. 
(B) Outlays, $27,927,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$28,493,000,000. 
(B) Outlays, $28,240,000,000. 
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Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$29,113,000,000. 
(B) Outlays, $28,750,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$29,764,000,000. 
(B) Outlays, $29,350,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$30,413,000,000. 
(B) Outlays, $29,938,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$31,096,000,000. 
(B) Outlays, $30,589,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$31,782,000,000. 
(B) Outlays, $31,174,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$32,493,000,000. 
(B) Outlays, $31,870,000,000. 
Fiscal year 2023: 
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(A) 
New 
budget 
authority, 
$33,210,000,000. 
(B) Outlays, $32,576,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$33,955,000,000. 
(B) Outlays, $33,304,000,000. 
(4) Energy (270): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$4,228,000,000. 
(B) Outlays, $5,751,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$3,820,000,000. 
(B) Outlays, $3,416,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$2,048,000,000. 
(B) Outlays, $1,400,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$1,762,000,000. 
(B) Outlays, $1,192,000,000. 
Fiscal year 2019: 
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(A) 
New 
budget 
authority, 
$1,788,000,000. 
(B) Outlays, $1,278,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$1,851,000,000. 
(B) Outlays, $1,384,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
-$16,000,000. 
(B) Outlays, -$346,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
-$1,018,000,000. 
(B) Outlays, -$1,283,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
-$1,914,000,000. 
(B) Outlays, -$2,188,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
-$6,113,000,000. 
(B) Outlays, -$6,699,000,000. 
(5) Natural Resources and Environment (300): 
Fiscal year 2015: 
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(A) 
New 
budget 
authority, 
$34,289,000,000. 
(B) Outlays, $39,311,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$34,491,000,000. 
(B) Outlays, $37,747,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$35,077,000,000. 
(B) Outlays, $36,204,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$33,047,000,000. 
(B) Outlays, $33,316,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$36,859,000,000. 
(B) Outlays, $36,779,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$38,169,000,000. 
(B) Outlays, $37,877,000,000. 
Fiscal year 2021: 
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(A) 
New 
budget 
authority, 
$36,428,000,000. 
(B) Outlays, $36,379,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$38,979,000,000. 
(B) Outlays, $38,749,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$39,927,000,000. 
(B) Outlays, $39,733,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$40,592,000,000. 
(B) Outlays, $39,752,000,000. 
(6) Agriculture (350): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$19,042,000,000. 
(B) Outlays, $19,556,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$22,506,000,000. 
(B) Outlays, $22,313,000,000. 
Fiscal year 2017: 
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(A) 
New 
budget 
authority, 
$20,527,000,000. 
(B) Outlays, $19,992,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$18,506,000,000. 
(B) Outlays, $17,883,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$18,654,000,000. 
(B) Outlays, $17,970,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$19,008,000,000. 
(B) Outlays, $18,440,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$19,263,000,000. 
(B) Outlays, $18,763,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$19,764,000,000. 
(B) Outlays, $19,249,000,000. 
Fiscal year 2023: 
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(A) 
New 
budget 
authority, 
$20,017,000,000. 
(B) Outlays, $19,516,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$20,635,000,000. 
(B) Outlays, $20,131,000,000. 
(7) Commerce and Housing Credit (370): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
-$3,239,000,000. 
(B) Outlays, -$14,762,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
-$4,518,000,000. 
(B) Outlays, -$18,633,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
-$7,672,000,000. 
(B) Outlays, -$23,217,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
-$7,385,000,000. 
(B) Outlays, -$24,136,000,000. 
Fiscal year 2019: 
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(A) 
New 
budget 
authority, 
-$6,658,000,000. 
(B) Outlays, -$28,258,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
-$3,937,000,000. 
(B) Outlays, -$26,052,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
-$4,034,000,000. 
(B) Outlays, -$20,982,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
-$4,794,000,000. 
(B) Outlays, -$23,197,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
-$5,073,000,000. 
(B) Outlays, -$24,597,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
-$5,118,000,000. 
(B) Outlays, -$25,793,000,000. 
(8) Transportation (400): 
Fiscal year 2015: 
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(A) 
New 
budget 
authority, 
$34,713,000,000. 
(B) Outlays, $80,659,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$68,529,000,000. 
(B) Outlays, $69,907,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$74,454,000,000. 
(B) Outlays, $75,199,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$75,978,000,000. 
(B) Outlays, $77,558,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$77,501,000,000. 
(B) Outlays, $78,163,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$78,373,000,000. 
(B) Outlays, $79,056,000,000. 
Fiscal year 2021: 
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(A) 
New 
budget 
authority, 
$79,369,000,000. 
(B) Outlays, $80,231,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$80,529,000,000. 
(B) Outlays, $81,409,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$81,829,000,000. 
(B) Outlays, $82,872,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$83,353,000,000. 
(B) Outlays, $84,024,000,000. 
(9) Community and Regional Development 
(450): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$14,556,000,000. 
(B) Outlays, $23,608,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$15,303,000,000. 
(B) Outlays, $21,425,000,000. 
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Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$15,269,000,000. 
(B) Outlays, $19,292,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$15,414,000,000. 
(B) Outlays, $17,840,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$15,387,000,000. 
(B) Outlays, $16,841,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$15,283,000,000. 
(B) Outlays, $16,008,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$15,421,000,000. 
(B) Outlays, $14,679,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$15,658,000,000. 
(B) Outlays, $13,408,000,000. 
Fiscal year 2023: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$15,954,000,000. 
(B) Outlays, $13,490,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$16,302,000,000. 
(B) Outlays, $13,910,000,000. 
(10) Education, Training, Employment, and 
Social Services (500): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$73,908,000,000. 
(B) Outlays, $91,759,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$82,372,000,000. 
(B) Outlays, $84,521,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$86,699,000,000. 
(B) Outlays, $87,137,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$89,536,000,000. 
(B) Outlays, $89,808,000,000. 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$85,278,000,000. 
(B) Outlays, $86,074,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$86,555,000,000. 
(B) Outlays, $87,130,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$87,749,000,000. 
(B) Outlays, $88,403,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$89,167,000,000. 
(B) Outlays, $89,839,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$90,661,000,000. 
(B) Outlays, $91,360,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$92,094,000,000. 
(B) Outlays, $92,926,000,000. 
(11) Health (550): 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$419,799,000,000. 
(B) Outlays, $416,573,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$367,238,000,000. 
(B) Outlays, $370,205,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$377,752,000,000. 
(B) Outlays, $375,839,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$376,732,000,000. 
(B) Outlays, $377,346,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$390,437,000,000. 
(B) Outlays, $390,404,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$415,814,000,000. 
(B) Outlays, $405,309,000,000. 
Fiscal year 2021: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$419,124,000,000. 
(B) Outlays, $418,298,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$433,512,000,000. 
(B) Outlays, $432,149,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$449,181,000,000. 
(B) Outlays, $447,991,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$472,300,000,000. 
(B) Outlays, $471,312,000,000. 
(12) Medicare (570): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$519,196,000,000. 
(B) Outlays, $519,407,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$558,895,000,000. 
(B) Outlays, $558,964,000,000. 
Fiscal year 2017: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$570,144,000,000. 
(B) Outlays, $570,341,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$590,695,000,000. 
(B) Outlays, $591,117,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$651,579,000,000. 
(B) Outlays, $651,878,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$692,307,000,000. 
(B) Outlays, $692,644,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$737,455,000,000. 
(B) Outlays, $738,042,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$815,257,000,000. 
(B) Outlays, $817,195,000,000. 
Fiscal year 2023: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$836,296,000,000. 
(B) Outlays, $837,883,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$859,011,000,000. 
(B) Outlays, $866,262,000,000. 
(13) Income Security (600): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$505,729,000,000. 
(B) Outlays, $505,032,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$487,645,000,000. 
(B) Outlays, $490,122,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$489,766,000,000. 
(B) Outlays, $487,105,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$492,129,000,000. 
(B) Outlays, $484,280,000,000. 
Fiscal year 2019: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$493,996,000,000. 
(B) Outlays, $490,014,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$512,717,000,000. 
(B) Outlays, $508,689,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$520,016,000,000. 
(B) Outlays, $515,475,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$529,438,000,000. 
(B) Outlays, $529,111,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$530,839,000,000. 
(B) Outlays, $525,624,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$525,701,000,000. 
(B) Outlays, $515,225,000,000. 
(14) Social Security (650): 
Fiscal year 2015: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$31,442,000,000. 
(B) Outlays, $31,517,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$34,245,000,000. 
(B) Outlays, $34,283,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$37,133,000,000. 
(B) Outlays, $37,133,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$40,138,000,000. 
(B) Outlays, $40,138,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$43,383,000,000. 
(B) Outlays, $43,383,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$46,747,000,000. 
(B) Outlays, $46,747,000,000. 
Fiscal year 2021: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$50,255,000,000. 
(B) Outlays, $50,255,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$53,941,000,000. 
(B) Outlays, $53,941,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$57,800,000,000. 
(B) Outlays, $57,800,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$58,441,000,000. 
(B) Outlays, $58,441,000,000. 
(15) Veterans Benefits and Services (700): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$153,027,000,000. 
(B) Outlays, $152,978,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$164,961,000,000. 
(B) Outlays, $164,807,000,000. 
Fiscal year 2017: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$163,858,000,000. 
(B) Outlays, $163,269,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$162,388,000,000. 
(B) Outlays, $161,646,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$174,305,000,000. 
(B) Outlays, $173,499,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$179,269,000,000. 
(B) Outlays, $178,380,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$183,571,000,000. 
(B) Outlays, $182,676,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$195,680,000,000. 
(B) Outlays, $194,719,000,000. 
Fiscal year 2023: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$192,458,000,000. 
(B) Outlays, $191,491,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$189,292,000,000. 
(B) Outlays, $188,262,000,000. 
(16) Administration of Justice (750): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$54,011,000,000. 
(B) Outlays, $54,250,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$56,932,000,000. 
(B) Outlays, $56,298,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$56,770,000,000. 
(B) Outlays, $58,319,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$58,405,000,000. 
(B) Outlays, $59,095,000,000. 
Fiscal year 2019: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$60,239,000,000. 
(B) Outlays, $60,501,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$62,146,000,000. 
(B) Outlays, $61,649,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$64,263,000,000. 
(B) Outlays, $63,734,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$66,967,000,000. 
(B) Outlays, $66,411,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$69,031,000,000. 
(B) Outlays, $68,455,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$71,166,000,000. 
(B) Outlays, $70,568,000,000. 
(17) General Government (800): 
Fiscal year 2015: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$23,710,000,000. 
(B) Outlays, $23,618,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$23,064,000,000. 
(B) Outlays, $22,826,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$21,587,000,000. 
(B) Outlays, $21,674,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$23,269,000,000. 
(B) Outlays, $22,973,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$24,040,000,000. 
(B) Outlays, $23,582,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$24,759,000,000. 
(B) Outlays, $24,331,000,000. 
Fiscal year 2021: 
VerDate Mar 15 2010 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$25,556,000,000. 
(B) Outlays, $25,139,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$26,353,000,000. 
(B) Outlays, $25,939,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
$27,097,000,000. 
(B) Outlays, $26,691,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$27,912,000,000. 
(B) Outlays, $27,491,000,000. 
(18) Net Interest (900): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$365,987,000,000. 
(B) Outlays, $365,987,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$416,238,000,000. 
(B) Outlays, $416,238,000,000. 
Fiscal year 2017: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$482,228,000,000. 
(B) Outlays, $482,228,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$553,820,000,000. 
(B) Outlays, $553,820,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$611,852,000,000. 
(B) Outlays, $611,852,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$659,310,000,000. 
(B) Outlays, $659,310,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$693,159,000,000. 
(B) Outlays, $693,159,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
$723,805,000,000. 
(B) Outlays, $723,805,000,000. 
Fiscal year 2023: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$751,215,000,000. 
(B) Outlays, $751,215,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
$770,124,000,000. 
(B) Outlays, $770,124,000,000. 
(19) Allowances (920): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
-$36,364,000,000. 
(B) Outlays, -$22,676,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
-$47,825,000,000. 
(B) Outlays, -$36,706,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
-$51,416,000,000. 
(B) Outlays, -$45,014,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
-$54,566,000,000. 
(B) Outlays, -$49,571,000,000. 
Fiscal year 2019: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
-$56,672,000,000. 
(B) Outlays, -$53,542,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
-$61,825,000,000. 
(B) Outlays, -$58,102,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
-$64,552,000,000. 
(B) Outlays, -$61,040,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
-$66,871,000,000. 
(B) Outlays, -$63,946,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
-$68,992,000,000. 
(B) Outlays, -$66,322,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
-$65,972,000,000. 
(B) Outlays, -$64,338,000,000. 
(20) Government-wide savings (930): 
Fiscal year 2015: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
$25,904,000,000. 
(B) Outlays, $20,052,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
-$14,151,000,000. 
(B) Outlays, -$1,701,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
-$30,525,000,000. 
(B) Outlays, -$17,482,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
-$38,302,000,000. 
(B) Outlays, -$27,789,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
-$46,446,000,000. 
(B) Outlays, -$35,547,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
-$55,559,000,000. 
(B) Outlays, -$44,608,000,000. 
Fiscal year 2021: 
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HC96
TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
(A) 
New 
budget 
authority, 
-$63,060,000,000. 
(B) Outlays, -$53,317,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
-$75,189,000,000. 
(B) Outlays, -$64,007,000,000. 
Fiscal year 2023: 
(A) 
New 
budget 
authority, 
-$87,334,000,000. 
(B) Outlays, -$75,209,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
-$117,125,000,000. 
(B) Outlays, -$96,353,000,000. 
(21) Undistributed Offsetting Receipts (950): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
-$78,632,000,000. 
(B) Outlays, -$78,632,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
-$83,652,000,000. 
(B) Outlays, -$83,652,000,000. 
Fiscal year 2017: 
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(A) 
New 
budget 
authority, 
-$83,974,000,000. 
(B) Outlays, -$83,974,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
-$84,602,000,000. 
(B) Outlays, -$84,602,000,000. 
Fiscal year 2019: 
(A) 
New 
budget 
authority, 
-$91,824,000,000. 
(B) Outlays, -$91,824,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
-$93,787,000,000. 
(B) Outlays, -$93,787,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
-$98,176,000,000. 
(B) Outlays, -$98,176,000,000. 
Fiscal year 2022: 
(A) 
New 
budget 
authority, 
-$101,529,000,000. 
(B) Outlays, -$101,529,000,000. 
Fiscal year 2023: 
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(A) 
New 
budget 
authority, 
-$105,731,000,000. 
(B) Outlays, -$105,731,000,000. 
Fiscal year 2024: 
(A) 
New 
budget 
authority, 
-$113,422,000,000. 
(B) Outlays, -$113,422,000,000. 
(22) Overseas Contingency Operations/Global 
War on Terrorism (970): 
Fiscal year 2015: 
(A) 
New 
budget 
authority, 
$85,357,000,000. 
(B) Outlays, $52,580,000,000. 
Fiscal year 2016: 
(A) 
New 
budget 
authority, 
$29,946,000,000. 
(B) Outlays, $37,823,000,000. 
Fiscal year 2017: 
(A) 
New 
budget 
authority, 
$29,946,000,000. 
(B) Outlays, $32,585,000,000. 
Fiscal year 2018: 
(A) 
New 
budget 
authority, 
$29,946,000,000. 
(B) Outlays, $30,893,000,000. 
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Fiscal year 2019: 
(A) 
New 
budget 
authority, 
$29,946,000,000. 
(B) Outlays, $31,032,000,000. 
Fiscal year 2020: 
(A) 
New 
budget 
authority, 
$29,946,000,000. 
(B) Outlays, $29,647,000,000. 
Fiscal year 2021: 
(A) 
New 
budget 
authority, 
$29,946,000,000. 
(B) Outlays, $29,647,000,000. 
Fiscal year 2022: 
(A) New budget authority, $0. 
(B) Outlays, $11,200,000,000. 
Fiscal year 2023: 
(A) New budget authority, $0. 
(B) Outlays, $4,402,000,000. 
Fiscal year 2024: 
(A) New budget authority, $0. 
(B) Outlays, $1,827,000,000. 
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TITLE II—RECOMMENDED LONG- 
TERM LEVELS 
SEC. 201. LONG-TERM BUDGETING. 
The following are the recommended revenue, spend-
ing, and deficit levels for each of fiscal years 2030, 2035, 
and 2040 as a percent of the gross domestic product of 
the United States: 
(1) FEDERAL REVENUES.—The appropriate lev-
els of Federal revenues are as follows: 
Fiscal year 2030: 18.8 percent. 
Fiscal year 2035: 19.0 percent. 
Fiscal year 2040: 19.0 percent. 
(2) BUDGET OUTLAYS.—The appropriate levels 
of total budget outlays are not to exceed: 
Fiscal year 2030: 18.5 percent. 
Fiscal year 2035: 17.9 percent. 
Fiscal year 2040: 17.2 percent. 
(3) DEFICITS.—The appropriate levels of defi-
cits are not to exceed: 
Fiscal year 2030: -0.3 percent. 
Fiscal year 2035: -1.1 percent. 
Fiscal year 2040: -1.8 percent. 
(4) DEBT.—The appropriate levels of debt held 
by the public are not to exceed: 
Fiscal year 2030: 43.0 percent. 
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Fiscal year 2035: 31.0 percent. 
Fiscal year 2040: 18.0 percent. 
TITLE III—RESERVE FUNDS 
SEC. 301. RESERVE FUND FOR THE REPEAL OF THE 2010 
HEALTH CARE LAWS. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this concurrent resolution for the 
budgetary effects of any bill or joint resolution, or amend-
ment thereto or conference report thereon, that only con-
sists of a full repeal the Patient Protection and Affordable 
Care Act and the health care-related provisions of the 
Health Care and Education Reconciliation Act of 2010. 
SEC. 302. DEFICIT-NEUTRAL RESERVE FUND FOR THE RE-
FORM OF THE 2010 HEALTH CARE LAWS. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this concurrent resolution for the 
budgetary effects of any bill or joint resolution, or amend-
ment thereto or conference report thereon, that reforms 
or replaces the Patient Protection and Affordable Care 
Act or the Health Care and Education Reconciliation Act 
of 2010, if such measure would not increase the deficit 
for the period of fiscal years 2015 through 2024. 
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SEC. 303. DEFICIT-NEUTRAL RESERVE FUND RELATED TO 
THE MEDICARE PROVISIONS OF THE 2010 
HEALTH CARE LAWS. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this concurrent resolution for the 
budgetary effects of any bill or joint resolution, or amend-
ment thereto or conference report thereon, that repeals all 
or part of the decreases in Medicare spending included in 
the Patient Protection and Affordable Care Act or the 
Health Care and Education Reconciliation Act of 2010, 
if such measure would not increase the deficit for the pe-
riod of fiscal years 2015 through 2024. 
SEC. 304. DEFICIT-NEUTRAL RESERVE FUND FOR THE SUS-
TAINABLE GROWTH RATE OF THE MEDICARE 
PROGRAM. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this concurrent resolution for the 
budgetary effects of any bill or joint resolution, or amend-
ment thereto or conference report thereon, that includes 
provisions amending or superseding the system for updat-
ing payments under section 1848 of the Social Security 
Act, if such measure would not increase the deficit for the 
period of fiscal years 2015 through 2024. 
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SEC. 305. DEFICIT-NEUTRAL RESERVE FUND FOR REFORM-
ING THE TAX CODE. 
In the House, if the Committee on Ways and Means 
reports a bill or joint resolution that reforms the Internal 
Revenue Code of 1986, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this concurrent resolution for the 
budgetary effects of any such bill or joint resolution, or 
amendment thereto or conference report thereon, if such 
measure would not increase the deficit for the period of 
fiscal years 2015 through 2024. 
SEC. 306. DEFICIT-NEUTRAL RESERVE FUND FOR TRADE 
AGREEMENTS. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this concurrent resolution for the 
budgetary effects of any bill or joint resolution reported 
by the Committee on Ways and Means, or amendment 
thereto or conference report thereon, that implements a 
trade agreement, but only if such measure would not in-
crease the deficit for the period of fiscal years 2015 
through 2024. 
SEC. 307. DEFICIT-NEUTRAL RESERVE FUND FOR REVENUE 
MEASURES. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
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appropriate levels in this concurrent resolution for the 
budgetary effects of any bill or joint resolution reported 
by the Committee on Ways and Means, or amendment 
thereto or conference report thereon, that decreases rev-
enue, but only if such measure would not increase the def-
icit for the period of fiscal years 2015 through 2024. 
SEC. 308. DEFICIT-NEUTRAL RESERVE FUND FOR RURAL 
COUNTIES AND SCHOOLS. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels and limits in this resolution for the 
budgetary effects of any bill or joint resolution, or amend-
ment thereto or conference report thereon, that makes 
changes to or provides for the reauthorization of the Se-
cure Rural Schools and Community Self Determination 
Act of 2000 (Public Law 106–393) by the amounts pro-
vided by that legislation for those purposes, if such legisla-
tion requires sustained yield timber harvests obviating the 
need for funding under Public Law 106–393 in the future 
and would not increase the deficit or direct spending for 
the period of fiscal years 2015 through 2019, or the period 
of fiscal years 2015 through 2024. 
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SEC. 309. DEFICIT-NEUTRAL RESERVE FUND FOR TRANS-
PORTATION. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this resolution for any bill or joint 
resolution, or amendment thereto or conference report 
thereon, if such measure maintains the solvency of the 
Highway Trust Fund, but only if such measure would not 
increase the deficit over the period of fiscal years 2015 
through 2024. 
SEC. 310. DEFICIT-NEUTRAL RESERVE FUND TO REDUCE 
POVERTY AND INCREASE OPPORTUNITY AND 
UPWARD MOBILITY. 
In the House, the chair of the Committee on the 
Budget may revise the allocations, aggregates, and other 
appropriate levels in this resolution for any bill or joint 
resolution, or amendment thereto or conference report 
thereon, if such measure reforms policies and programs 
to reduce poverty and increase opportunity and upward 
mobility, but only if such measure would neither adversely 
impact job creation nor increase the deficit over the period 
of fiscal years 2015 through 2024. 
TITLE IV—ESTIMATES OF 
DIRECT SPENDING 
SEC. 401. DIRECT SPENDING. 
(a) MEANS-TESTED DIRECT SPENDING.— 
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(1) For means-tested direct spending, the aver-
age rate of growth in the total level of outlays dur-
ing the 10-year period preceding fiscal year 2015 is 
6.8 percent. 
(2) For means-tested direct spending, the esti-
mated average rate of growth in the total level of 
outlays during the 10-year period beginning with fis-
cal year 2015 is 5.4 percent under current law. 
(3) The following reforms are proposed in this 
concurrent resolution for means-tested direct spend-
ing: 
(A) In 1996, a Republican Congress and a 
Democratic president reformed welfare by lim-
iting the duration of benefits, giving States 
more control over the program, and helping re-
cipients find work. In the five years following 
passage, child-poverty rates fell, welfare case-
loads fell, and workers’ wages increased. This 
budget applies the lessons of welfare reform to 
both the Supplemental Nutrition Assistance 
Program and Medicaid. 
(B) For Medicaid, this budget assumes the 
conversion of the Federal share of Medicaid 
spending into a flexible State allotment tailored 
to meet each State’s needs, indexed for inflation 
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and population growth. Such a reform would 
end the misguided one-size-fits-all approach 
that has tied the hands of State governments. 
Instead, each State would have the freedom and 
flexibility to tailor a Medicaid program that fits 
the needs of its unique population. Moreover, 
this budget assumes the repeal of the Medicaid 
expansions in the President’s health care law, 
relieving State governments of its crippling one- 
size-fits-all enrollment mandates. 
(C) For the Supplemental Nutrition As-
sistance Program, this budget assumes the con-
version of the program into a flexible State al-
lotment tailored to meet each State’s needs. 
The allotment would increase based on the De-
partment of Agriculture Thrifty Food Plan 
index and beneficiary growth. Such a reform 
would provide incentives for States to ensure 
dollars will go towards those who need them 
most. Additionally, it requires that more strin-
gent work requirements and time limits apply 
under the program. 
(b) NONMEANS-TESTED DIRECT SPENDING.— 
(1) For nonmeans-tested direct spending, the 
average rate of growth in the total level of outlays 
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during the 10-year period preceding fiscal year 2015 
is 5.7 percent. 
(2) For nonmeans-tested direct spending, the 
estimated average rate of growth in the total level of 
outlays during the 10-year period beginning with fis-
cal year 2015 is 5.4 percent under current law. 
(3) The following reforms are proposed in this 
concurrent resolution for nonmeans-tested direct 
spending: 
(A) For Medicare, this budget advances 
policies to put seniors, not the Federal Govern-
ment, in control of their health care decisions. 
Those in or near retirement will see no changes, 
while future retirees would be given a choice of 
private plans competing alongside the tradi-
tional fee-for-service Medicare program. Medi-
care would provide a premium-support payment 
either to pay for or offset the premium of the 
plan chosen by the senior, depending on the 
plan’s cost. The Medicare premium-support 
payment would be adjusted so that the sick 
would receive higher payments if their condi-
tions worsened; lower-income seniors would re-
ceive additional assistance to help cover out-of- 
pocket costs; and wealthier seniors would as-
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sume responsibility for a greater share of their 
premiums. Putting seniors in charge of how 
their health care dollars are spent will force 
providers to compete against each other on 
price and quality. This market competition will 
act as a real check on widespread waste and 
skyrocketing health care costs. 
(B) In keeping with a recommendation 
from the National Commission on Fiscal Re-
sponsibility and Reform, this budget calls for 
Federal employees—including Members of Con-
gress and congressional staff—to make greater 
contributions toward their own retirement. 
TITLE V—BUDGET 
ENFORCEMENT 
SEC. 501. LIMITATION ON ADVANCE APPROPRIATIONS. 
(a) IN GENERAL.—In the House, except as provided 
for in subsection (b), any bill or joint resolution, or amend-
ment thereto or conference report thereon, making a gen-
eral appropriation or continuing appropriation may not 
provide for advance appropriations. 
(b) EXCEPTIONS.—An advance appropriation may be 
provided for programs, projects, activities, or accounts re-
ferred to in subsection (c)(1) or identified in the report 
to accompany this concurrent resolution or the joint ex-
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planatory statement of managers to accompany this con-
current resolution under the heading ‘‘Accounts Identified 
for Advance Appropriations’’. 
(c) LIMITATIONS.—For fiscal year 2016, the aggre-
gate level of advance appropriations shall not exceed— 
(1) $58,662,202,000 for the following programs 
in the Department of Veterans Affairs— 
(A) Medical Services; 
(B) Medical Support and Compliance; and 
(C) Medical Facilities accounts of the Vet-
erans Health Administration; and 
(2) $28,781,000,000 in new budget authority 
for all programs identified pursuant to subsection 
(b). 
(d) DEFINITION.—In this section, the term ‘‘advance 
appropriation’’ means any new discretionary budget au-
thority provided in a bill or joint resolution, or amendment 
thereto or conference report thereon, making general ap-
propriations or any new discretionary budget authority 
provided in a bill or joint resolution making continuing 
appropriations for fiscal year 2016. 
SEC. 502. CONCEPTS AND DEFINITIONS. 
Upon the enactment of any bill or joint resolution 
providing for a change in budgetary concepts or defini-
tions, the chair of the Committee on the Budget may ad-
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just any allocations, aggregates, and other appropriate lev-
els in this concurrent resolution accordingly. 
SEC. 503. ADJUSTMENTS OF AGGREGATES, ALLOCATIONS, 
AND APPROPRIATE BUDGETARY LEVELS. 
(a) ADJUSTMENTS OF DISCRETIONARY AND DIRECT 
SPENDING LEVELS.—If a committee (other than the Com-
mittee on Appropriations) reports a bill or joint resolution, 
or amendment thereto or conference report thereon, pro-
viding for a decrease in direct spending (budget authority 
and outlays flowing therefrom) for any fiscal year and also 
provides for an authorization of appropriations for the 
same purpose, upon the enactment of such measure, the 
chair of the Committee on the Budget may decrease the 
allocation to such committee and increase the allocation 
of discretionary spending (budget authority and outlays 
flowing therefrom) to the Committee on Appropriations 
for fiscal year 2015 by an amount equal to the new budget 
authority (and outlays flowing therefrom) provided for in 
a bill or joint resolution making appropriations for the 
same purpose. 
(b) ADJUSTMENTS
TO FUND OVERSEAS CONTIN-
GENCY OPERATIONS/GLOBAL WAR ON TERRORISM.—In 
order to take into account any new information included 
in the budget submission by the President for fiscal year 
2015, the chair of the Committee on the Budget may ad-
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just the allocations, aggregates, and other appropriate 
budgetary levels for Overseas Contingency Operations/ 
Global War on Terrorism or the section 302(a) allocation 
to the Committee on Appropriations set forth in the report 
of this concurrent resolution to conform with section 
251(c) of the Balanced Budget and Emergency Deficit 
Control Act of 1985 (as adjusted by section 251A of such 
Act). 
(c) REVISED
CONGRESSIONAL
BUDGET
OFFICE 
BASELINE.—The chair of the Committee on the Budget 
may adjust the allocations, aggregates, and other appro-
priate budgetary levels to reflect changes resulting from 
technical and economic assumptions in the most recent 
baseline published by the Congressional Budget Office. 
(d) DETERMINATIONS.—For the purpose of enforcing 
this concurrent resolution on the budget in the House, the 
allocations and aggregate levels of new budget authority, 
outlays, direct spending, new entitlement authority, reve-
nues, deficits, and surpluses for fiscal year 2015 and the 
period of fiscal years 2015 through fiscal year 2024 shall 
be determined on the basis of estimates made by the chair 
of the Committee on the Budget and such chair may ad-
just such applicable levels of this concurrent resolution. 
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SEC. 504. LIMITATION ON LONG-TERM SPENDING. 
(a) IN GENERAL.—In the House, it shall not be in 
order to consider a bill or joint resolution reported by a 
committee (other than the Committee on Appropriations), 
or an amendment thereto or a conference report thereon, 
if the provisions of such measure have the net effect of 
increasing direct spending in excess of $5,000,000,000 for 
any period described in subsection (b). 
(b) TIME PERIODS.—The applicable periods for pur-
poses of this section are any of the four consecutive ten 
fiscal-year periods beginning with fiscal year 2025. 
SEC. 505. BUDGETARY TREATMENT OF CERTAIN TRANS-
ACTIONS. 
(a) 
IN
GENERAL.—Notwithstanding 
section 
302(a)(1) of the Congressional Budget Act of 1974, sec-
tion 13301 of the Budget Enforcement Act of 1990, and 
section 4001 of the Omnibus Budget Reconciliation Act 
of 1989, the report accompanying this concurrent resolu-
tion on the budget or the joint explanatory statement ac-
companying the conference report on any concurrent reso-
lution on the budget shall include in its allocation under 
section 302(a) of the Congressional Budget Act of 1974 
to the Committee on Appropriations amounts for the dis-
cretionary administrative expenses of the Social Security 
Administration and the United States Postal Service. 
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(b) SPECIAL RULE.—For purposes of applying sec-
tions 302(f) and 311 of the Congressional Budget Act of 
1974, estimates of the level of total new budget authority 
and total outlays provided by a measure shall include any 
off-budget discretionary amounts. 
(c) ADJUSTMENTS.—The chair of the Committee on 
the Budget may adjust the allocations, aggregates, and 
other appropriate levels for legislation reported by the 
Committee on Oversight and Government Reform that re-
forms the Federal retirement system, if such adjustments 
do not cause a net increase in the deficit for fiscal year 
2015 and the period of fiscal years 2015 through 2024. 
SEC. 506. APPLICATION AND EFFECT OF CHANGES IN ALLO-
CATIONS AND AGGREGATES. 
(a) APPLICATION.—Any adjustments of the alloca-
tions, aggregates, and other appropriate levels made pur-
suant to this concurrent resolution shall— 
(1) apply while that measure is under consider-
ation; 
(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 AG-
GREGATES.—Revised allocations and aggregates resulting 
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from these adjustments shall be considered for the pur-
poses of the Congressional Budget Act of 1974 as alloca-
tions and aggregates included in this concurrent resolu-
tion. 
(c) BUDGET COMPLIANCE.—The consideration of any 
bill or joint resolution, or amendment thereto or con-
ference report thereon, for which the chair of the Com-
mittee on the Budget makes adjustments or revisions in 
the allocations, aggregates, and other appropriate levels 
of this concurrent resolution shall not be subject to the 
points of order set forth in clause 10 of rule XXI of the 
Rules of the House of Representatives or section 504. 
SEC. 507. CONGRESSIONAL BUDGET OFFICE ESTIMATES. 
(a) FINDINGS.—The House finds the following: 
(1) Costs of Federal housing loans and loan 
guarantees are treated unequally in the budget. The 
Congressional Budget Office uses fair-value account-
ing to measure the costs of Fannie Mae and Freddie 
Mac, but determines the cost of other Federal loan 
and loan-guarantee programs on the basis of the 
Federal Credit Reform Act of 1990 (‘‘FCRA’’). 
(2) The fair-value accounting method uses dis-
count rates which incorporate the risk inherent to 
the type of liability being estimated in addition to 
Treasury discount rates of the proper maturity 
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length. In contrast, FCRA accounting solely uses the 
discount rates of the Treasury, failing to incorporate 
all of the risks attendant to these credit activities. 
(3) The Congressional Budget Office estimates 
that if fair-value were used to estimate the cost of 
all new credit activity in 2014, the deficit would be 
approximately $50 billion higher than under the cur-
rent methodology. 
(b) FAIR VALUE ESTIMATES.—Upon the request of 
the chair or ranking member of the Committee on the 
Budget, any estimate prepared by the Director of the Con-
gressional Budget Office for a measure under the terms 
of title V of the Congressional Budget Act of 1974, ‘‘credit 
reform’’, as a supplement to such estimate shall, to the 
extent practicable, also provide an estimate of the current 
actual or estimated market values representing the ‘‘fair 
value’’ of assets and liabilities affected by such measure. 
(c) FAIR VALUE ESTIMATES FOR HOUSING PRO-
GRAMS.—Whenever the Director of the Congressional 
Budget Office prepares an estimate pursuant to section 
402 of the Congressional Budget Act of 1974 of the costs 
which would be incurred in carrying out any bill or joint 
resolution and if the Director determines that such bill 
or joint resolution has a cost related to a housing or resi-
dential mortgage program under the FCRA, then the Di-
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rector shall also provide an estimate of the current actual 
or estimated market values representing the ‘‘fair value’’ 
of assets and liabilities affected by the provisions of such 
bill or joint resolution that result in such cost. 
(d) ENFORCEMENT.—If the Director of the Congres-
sional Budget Office provides an estimate pursuant to 
subsection (b) or (c), the chair of the Committee on the 
Budget may use such estimate to determine compliance 
with the Congressional Budget Act of 1974 and other 
budgetary enforcement controls. 
SEC. 508. TRANSFERS FROM THE GENERAL FUND OF THE 
TREASURY TO THE HIGHWAY TRUST FUND 
THAT INCREASE PUBLIC INDEBTEDNESS. 
For purposes of the Congressional Budget Act of 
1974, the Balanced Budget and Emergency Deficit Con-
trol Act of 1985, or the rules or orders of the House of 
Representatives, a bill or joint resolution, or an amend-
ment thereto or conference report thereon, that transfers 
funds from the general fund of the Treasury to the High-
way Trust Fund shall be counted as new budget authority 
and outlays equal to the amount of the transfer in the 
fiscal year the transfer occurs. 
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SEC. 509. SEPARATE ALLOCATION FOR OVERSEAS CONTIN-
GENCY OPERATIONS/GLOBAL WAR ON TER-
RORISM. 
(a) ALLOCATION.—In the House, there shall be a sep-
arate allocation to the Committee on Appropriations for 
overseas contingency operations/global war on terrorism. 
For purposes of enforcing such separate allocation under 
section 302(f) of the Congressional Budget Act of 1974, 
the ‘‘first fiscal year’’ and the ‘‘total of fiscal years’’ shall 
be deemed to refer to fiscal year 2015. Such separate allo-
cation shall be the exclusive allocation for overseas contin-
gency operations/global war on terrorism under section 
302(a) of such Act. Section 302(c) of such Act shall not 
apply to such separate allocation. The Committee on Ap-
propriations may provide suballocations of such separate 
allocation under section 302(b) of such Act. Spending that 
counts toward the allocation established by this section 
shall be designated pursuant to section 251(b)(2)(A)(ii) 
of the Balanced Budget and Emergency Deficit Control 
Act of 1985. 
(b) ADJUSTMENT.—In the House, for purposes of 
subsection (a) for fiscal year 2015, no adjustment shall 
be made under section 314(a) of the Congressional Budget 
Act of 1974 if any adjustment would be made under sec-
tion 251(b)(2)(A)(ii) of the Balanced Budget and Emer-
gency Deficit Control Act of 1985. 
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SEC. 510. EXERCISE OF RULEMAKING POWERS. 
The House adopts the provisions of this title— 
(1) as an exercise of the rulemaking power of 
the House of Representatives and as such they shall 
be considered as part of the rules of the House of 
Representatives, and these rules shall supersede 
other rules only to the extent that they are incon-
sistent with other such rules; and 
(2) with full recognition of the constitutional 
right of the House of Representatives to change 
those rules at any time, in the same manner, and to 
the same extent as in the case of any other rule of 
the House of Representatives. 
TITLE VI—POLICY STATEMENTS 
SEC. 601. POLICY STATEMENT ON ECONOMIC GROWTH AND 
JOB CREATION. 
(a) FINDINGS.—The House finds the following: 
(1) Although the United States economy tech-
nically emerged from recession nearly five years ago, 
the subsequent recovery has felt more like a malaise 
than a rebound. Real gross domestic product (GDP) 
growth over the past four years has averaged just 
over 2 percent, well below the 3 percent trend rate 
of growth in the United States. 
(2) The Congressional Budget Office (CBO) did 
a study in late 2012 examining why the United 
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States economy was growing so slowly after the re-
cession. They found, among other things, that 
United States economic output was growing at less 
than half of the typical rate exhibited during other 
recoveries since World War II. CBO said that about 
two-thirds of this ‘‘growth gap’’ was due to a pro-
nounced sluggishness in the growth of potential 
GDP—particularly in potential employment levels 
(such as people leaving the labor force) and the 
growth in productivity (which is in turn related to 
lower capital investment). 
(3) The prolonged economic sluggishness is par-
ticularly troubling given the amount of fiscal and 
monetary policy actions taken in recent years to 
cushion the depth of the downturn and to spark 
higher rates of growth and employment. In addition 
to the large stimulus package passed in early 2009, 
many other initiatives have been taken to boost 
growth, such as the new homebuyer tax credit and 
the ‘‘cash for clunkers’’ program. These stimulus ef-
forts may have led to various short term ‘‘pops’’ in 
activity but the economy and job market has since 
reverted back to a sub-par trend. 
(4) The unemployment rate has declined in re-
cent years, from a peak of nearly 10 percent in 
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2009-2010 to 6.7 percent in the latest month. How-
ever, a significant chunk of this decline has been due 
to people leaving the labor force (and therefore no 
longer being counted as ‘‘unemployed’’) and not 
from a surge in employment. The slow decline in the 
unemployment rate in recent years has occurred 
alongside a steep decline in the economy’s labor 
force participation rate. The participation rate 
stands at 63.0 percent, close to the lowest level since 
1978. The flipside of this is that over 90 million 
Americans are now ‘‘on the sidelines’’ and not in the 
labor force, representing a 10 million increase since 
early 2009. 
(5) Real median household income declined for 
the fifth consecutive year in 2012 (latest data avail-
able) and, at just over $51,000, is currently at its 
lowest level since 1995. Weak wage and income 
growth as a result of a subpar labor market not only 
means lower tax revenue coming in to the Treasury, 
it also means higher government spending on income 
support programs. 
(6) A stronger economy is vital to lowering def-
icit levels and eventually balancing the budget. Ac-
cording to CBO, if annual real GDP growth is just 
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0.1 percentage point higher over the budget window, 
deficits would be reduced by $311 billion. 
(7) This budget resolution therefore embraces 
pro-growth policies, such as fundamental tax reform, 
that will help foster a stronger economy and more 
job creation. 
(8) Reining in government spending and low-
ering budget deficits has a positive long-term impact 
on the economy and the budget. According to CBO, 
a significant deficit reduction package (i.e. $4 tril-
lion), would boost longer-term economic output by 
1.7 percent. Their analysis concludes that deficit re-
duction creates long-term economic benefits because 
it increases the pool of national savings and boosts 
investment, thereby raising economic growth and job 
creation. 
(9) The greater economic output that stems 
from a large deficit reduction package would have a 
sizeable impact on the Federal budget. For instance, 
higher output would lead to greater revenues 
through the increase in taxable incomes. Lower in-
terest rates, and a reduction in the stock of debt, 
would lead to lower government spending on net in-
terest expenses. According to CBO, this dynamic 
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would reduce unified budget deficits by an amount 
sufficient to produce a surplus in fiscal year 2024. 
(b) POLICY ON ECONOMIC GROWTH AND JOB CRE-
ATION.—It is the policy of this resolution to promote fast-
er economic growth and job creation. By putting the budg-
et on a sustainable path, this resolution ends the debt- 
fueled uncertainty holding back job creators. Reforms to 
the tax code to put American businesses and workers in 
a better position to compete and thrive in the 21st century 
global economy. This resolution targets the regulatory red 
tape and cronyism that stack the deck in favor of special 
interests. All of the reforms in this resolution serve as 
means to the larger end of growing the economy and ex-
panding opportunity for all Americans. 
SEC. 602. POLICY STATEMENT ON TAX REFORM. 
(a) FINDINGS.—The House finds the following: 
(1) A world-class tax system should be simple, 
fair, and promote (rather than impede) economic 
growth. The United States tax code fails on all three 
counts – it is notoriously complex, patently unfair, 
and highly inefficient. The tax code’s complexity dis-
torts decisions to work, save, and invest, which leads 
to slower economic growth, lower wages, and less job 
creation. 
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(2) Over the past decade alone, there have been 
more than 4,400 changes to the tax code, more than 
one per day. Many of the major changes over the 
years have involved carving out special preferences, 
exclusions, or deductions for various activities or 
groups. These loopholes add up to more than $1 tril-
lion per year and make the code unfair, inefficient, 
and highly complex. 
(3) In addition, these tax preferences are dis-
proportionately used by upper-income individuals. 
(4) The large amount of tax preferences that 
pervade the code end up narrowing the tax base. A 
narrow tax base, in turn, requires much higher tax 
rates to raise a given amount of revenue. 
(5) It is estimated that American taxpayers end 
up spending $160 billion and roughly 6 billion hours 
a year complying with the tax code – a waste of time 
and resources that could be used in more productive 
activities. 
(6) Standard economic theory shows that high 
marginal tax rates dampen the incentives to work, 
save, and invest, which reduces economic output and 
job creation. Lower economic output, in turn, mutes 
the intended revenue gain from higher marginal tax 
rates. 
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(7) Roughly half of United States active busi-
ness income and half of private sector employment 
are derived from business entities (such as partner-
ships, S corporations, and sole proprietorships) that 
are taxed on a ‘‘pass-through’’ basis, meaning the 
income flows through to the tax returns of the indi-
vidual owners and is taxed at the individual rate 
structure rather than at the corporate rate. Small 
businesses, in particular, tend to choose this form 
for Federal tax purposes, and the top Federal rate 
on such small business income reaches 44.6 percent. 
For these reasons, sound economic policy requires 
lowering marginal rates on these pass-through enti-
ties. 
(8) The United States corporate income tax 
rate (including Federal, State, and local taxes) sums 
to just over 39 percent, the highest rate in the in-
dustrialized world. Tax rates this high suppress 
wages and discourage investment and job creation, 
distort business activity, and put American busi-
nesses at a competitive disadvantage with foreign 
competitors. 
(9) By deterring potential investment, the 
United States corporate tax restrains economic 
growth and job creation. The United States tax rate 
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differential with other countries also fosters a vari-
ety of complicated multinational corporate behaviors 
intended to avoid the tax, which have the effect of 
moving the tax base offshore, destroying American 
jobs, and decreasing corporate revenue. 
(10) The ‘‘worldwide’’ structure of United 
States international taxation essentially taxes earn-
ings of United States firms twice, putting them at 
a significant competitive disadvantage with competi-
tors with more competitive international tax systems. 
(11) Reforming the United States tax code to 
a more competitive international system would boost 
the competitiveness of United States companies op-
erating abroad and it would also greatly reduce tax 
avoidance. 
(12) The tax code imposes costs on American 
workers through lower wages, on consumers in high-
er prices, and on investors in diminished returns. 
(13) Revenues have averaged about 17.5 per-
cent of the economy throughout modern American 
history. Revenues rise above this level under current 
law to 18.4 percent of the economy by the end of the 
10-year budget window. 
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(14) Attempting to raise revenue through tax 
increases to meet out-of-control spending would 
damage the economy. 
(15) This resolution also rejects the idea of in-
stituting a carbon tax in the United States, which 
some have offered as a ‘‘new’’ source of revenue. 
Such a plan would damage the economy, cost jobs, 
and raise prices on American consumers. 
(16) Closing tax loopholes to fund spending 
does not constitute fundamental tax reform. 
(17) The goal of tax reform should be to curb 
or eliminate loopholes and use those savings to lower 
tax rates across the board—not to fund more waste-
ful Government spending. Tax reform should be rev-
enue-neutral and should not be an excuse to raise 
taxes on the American people. Washington has a 
spending problem, not a revenue problem. 
(b) POLICY ON TAX REFORM.—It is the policy of this 
resolution that Congress should enact legislation that pro-
vides for a comprehensive reform of the United States tax 
code to promote economic growth, create American jobs, 
increase wages, and benefit American consumers, inves-
tors, and workers through revenue-neutral fundamental 
tax reform that— 
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(1) simplifies the tax code to make it fairer to 
American families and businesses and reduces the 
amount of time and resources necessary to comply 
with tax laws; 
(2) substantially lowers tax rates for individ-
uals, with a goal of achieving a top individual rate 
of 25 percent and consolidating the current seven in-
dividual income tax brackets into two brackets with 
a first bracket of 10 percent; 
(3) repeals the Alternative Minimum Tax; 
(4) reduces the corporate tax rate to 25 per-
cent; and 
(5) transitions the tax code to a more competi-
tive system of international taxation. 
SEC. 603. POLICY STATEMENT ON REPLACING THE PRESI-
DENT’S HEALTH CARE LAW. 
(a) FINDINGS.—The House finds the following: 
(1) The President’s health care law has failed 
to reduce health care premiums as promised. Health 
care premiums were supposed to decline by $2,500. 
Instead, according to the 2013 Employer Health 
Benefits Survey, health care premiums have in-
creased by 5 percent for individual plans and 4 per-
cent for family since 2012. Moreover, according to 
a report from the Energy and Commerce Committee, 
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premiums for individual market plans may go up as 
much as 50 percent because of the law. 
(2) The President pledged that Americans 
would be able to keep their health care plan if they 
liked it. But the non-partisan Congressional Budget 
Office now estimates 2 million Americans with em-
ployment-based health coverage will lose those plans. 
(3) Then-Speaker of the House, Nancy Pelosi, 
said that the President’s health care law would cre-
ate 4 million jobs over the life of the law and almost 
400,000 jobs immediately. Instead, the Congres-
sional Budget Office estimates that the law will re-
duce full-time equivalent employment by about 2.0 
million hours in 2017 and 2.5 million hours in 2024, 
‘‘compared with what would have occurred in the ab-
sence of the ACA.’’. 
(4) The implementation of the law has been a 
failure. The main website that Americans were sup-
posed to use in purchasing new coverage was broken 
for over a month. Since the President’s health care 
law was signed into law, the Administration has an-
nounced 23 delays. The President has also failed to 
submit any nominees to sit on the Independent Pay-
ment Advisory Board, a panel of bureaucrats that 
will cut Medicare by an additional $12.1 billion over 
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the next ten years, according to the President’s own 
budget. 
(5) The President’s health care law should be 
repealed and replaced with reforms that make af-
fordable and quality health care coverage available 
to all Americans. 
(b) POLICY
ON
REPLACING
THE
PRESIDENT’S 
HEALTH CARE LAW.—It is the policy of this resolution 
that the President’s health care law must not only be re-
pealed, but also replaced, for the following reasons: 
(1) The President’s health care law is a govern-
ment-run system driving up health care costs and 
forcing Americans to lose their health care coverage 
and should be replaced with a reformed health care 
system that gives patients and their doctors more 
choice and control over their health care. 
(2) Instead of a complex structure of subsidies, 
‘‘firewalls,’’ mandates, and penalties, a reformed 
health care system should make health care coverage 
portable. 
(3) Instead of stifling innovation in health care 
technologies, treatments, and medications through 
Federal mandates, taxes, and price controls, a re-
formed health care system should encourage re-
search and development. 
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(4) Instead of instituting one-size-fits-all direc-
tives from Federal bureaucracies such as the Inter-
nal Revenue Service, the Department of Health and 
Human Services, and the Independent Payment Ad-
visory Board, individuals and families should be free 
to secure the health care coverage that best meets 
their needs. 
(5) Instead of allowing fraudulent lawsuits, 
which are driving up health care costs, the medical 
liability system should be reformed while at the same 
time reaffirming that States should be free to imple-
ment the policies that best suit their needs. 
(6) Instead of using Federal taxes, mandates, 
and bureaucracies to address those who have trouble 
securing health care coverage, high risk pools should 
be established. 
(7) Instead of more than doubling spending on 
Medicaid, which is driving up Federal debt and will 
eventually bankrupt State budgets, Medicaid spend-
ing should be brought under control and States 
should be given more flexibility to provide quality, 
affordable care to those who are eligible. 
(8) Instead of driving up health care costs and 
reducing employment, a reformed health care system 
should lower health care costs, which will increase 
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economic growth an employment by lowering health 
care inflation. 
SEC. 604. POLICY STATEMENT ON MEDICARE. 
(a) FINDINGS.—The House finds the following: 
(1) More than 50 million Americans depend on 
Medicare for their health security. 
(2) The Medicare Trustees Report has repeat-
edly recommended that Medicare’s long-term finan-
cial challenges be addressed soon. Each year without 
reform, the financial condition of Medicare becomes 
more precarious and the threat to those in or near 
retirement becomes more pronounced. According to 
the Congressional Budget Office— 
(A) the Hospital Insurance Trust Fund 
will be exhausted in 2026 and unable to pay 
scheduled benefits; and 
(B) Medicare spending is growing faster 
than the economy and Medicare outlays are 
currently rising at a rate of 6 percent per year 
over the next ten years, and according to the 
Congressional Budget Office’s 2013 Long-Term 
Budget Outlook, spending on Medicare is pro-
jected to reach 5 percent of gross domestic 
product (GDP) by 2040 and 9.4 percent of 
GDP by 2088. 
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(3) The President’s health care law created a 
new Federal agency called the Independent Payment 
Advisory Board (IPAB) empowered with unilateral 
authority to cut Medicare spending. As a result of 
that law— 
(A) IPAB will be tasked with keeping the 
Medicare per capita growth below a Medicare 
per capita target growth rate. Prior to 2018, 
the target growth rate is based on the five-year 
average of overall inflation and medical infla-
tion. Beginning in 2018, the target growth rate 
will be the five-year average increase in the 
nominal GDP plus one percentage point, which 
the President has twice proposed to reduce to 
GDP plus one-half percentage point; 
(B) the fifteen unelected, unaccountable 
bureaucrats of IPAB will make decisions that 
will reduce seniors access to care; 
(C) the nonpartisan Office of the Medicare 
Chief Actuary estimates that the provider cuts 
already contained in the Affordable Care Act 
will force 15 percent of hospitals, skilled nurs-
ing facilities, and home health agencies to be-
come unprofitable in 2019; and 
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(D) additional cuts from the IPAB board 
will force even more health care providers to 
close their doors, and the Board should be re-
pealed. 
(4) Failing to address this problem will leave 
millions of American seniors without adequate health 
security and younger generations burdened with 
enormous debt to pay for spending levels that cannot 
be sustained. 
(b) POLICY ON MEDICARE REFORM.—It is the policy 
of this resolution to protect those in or near retirement 
from any disruptions to their Medicare benefits and offer 
future beneficiaries the same health care options available 
to Members of Congress. 
(c) ASSUMPTIONS.—This resolution assumes reform 
of the Medicare program such that: 
(1) Current Medicare benefits are preserved for 
those in or near retirement. 
(2) For future generations, when they reach eli-
gibility, Medicare is reformed to provide a premium 
support payment and a selection of guaranteed 
health coverage options from which recipients can 
choose a plan that best suits their needs. 
(3) Medicare will maintain traditional fee-for- 
service as an option. 
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(4) Medicare will provide additional assistance 
for lower-income beneficiaries and those with greater 
health risks. 
(5) Medicare spending is put on a sustainable 
path and the Medicare program becomes solvent 
over the long-term. 
SEC. 605. POLICY STATEMENT ON SOCIAL SECURITY. 
(a) FINDINGS.—The House finds the following: 
(1) More than 55 million retirees, individuals 
with disabilities, and survivors depend on Social Se-
curity. Since enactment, Social Security has served 
as a vital leg on the ‘‘three-legged stool’’ of retire-
ment security, which includes employer provided 
pensions as well as personal savings. 
(2) The Social Security Trustees Report has re-
peatedly recommended that Social Security’s long- 
term financial challenges be addressed soon. Each 
year without reform, the financial condition of Social 
Security becomes more precarious and the threat to 
seniors and those receiving Social Security disability 
benefits becomes more pronounced: 
(A) In 2016, the Disability Insurance 
Trust Fund will be exhausted and program rev-
enues will be unable to pay scheduled benefits. 
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(B) In 2033, the combined Old-Age and 
Survivors and Disability Trust Funds will be 
exhausted, and program revenues will be unable 
to pay scheduled benefits. 
(C) With the exhaustion of the Trust 
Funds in 2033, benefits will be cut nearly 25 
percent across the board, devastating those cur-
rently in or near retirement and those who rely 
on Social Security the most. 
(3) The recession and continued low economic 
growth have exacerbated the looming fiscal crisis 
facing Social Security. The most recent CBO projec-
tions find that Social Security will run cash deficits 
of $1.7 trillion over the next 10 years. 
(4) Lower-income Americans rely on Social Se-
curity for a larger proportion of their retirement in-
come. Therefore, reforms should take into consider-
ation the need to protect lower-income Americans’ 
retirement security. 
(5) The Disability Insurance program provides 
an essential income safety net for those with disabil-
ities and their families. According to the Congres-
sional Budget Office (CBO), between 1970 and 
2012, the number of people receiving disability bene-
fits (both disabled workers and their dependent fam-
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ily members) has increased by over 300 percent 
from 2.7 million to over 10.9 million. This increase 
is not due strictly to population growth or decreases 
in health. David Autor and Mark Duggan have 
found that the increase in individuals on disability 
does not reflect a decrease in self-reported health. 
CBO attributes program growth to changes in demo-
graphics, changes in the composition of the labor 
force and compensation, as well as Federal policies. 
(6) If this program is not reformed, families 
who rely on the lifeline that disability benefits pro-
vide will face benefit cuts of up to 25 percent in 
2016, devastating individuals who need assistance 
the most. 
(7) In the past, Social Security has been re-
formed on a bipartisan basis, most notably by the 
‘‘Greenspan Commission’’ which helped to address 
Social Security shortfalls for over a generation. 
(8) Americans deserve action by the President, 
the House, and the Senate to preserve and strength-
en Social Security. It is critical that bipartisan ac-
tion be taken to address the looming insolvency of 
Social Security. In this spirit, this resolution creates 
a bipartisan opportunity to find solutions by requir-
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TKELLEY on DSK3SPTVN1PROD with BILLS
HCON 96 PCS 
ing policymakers to ensure that Social Security re-
mains a critical part of the safety net. 
(b) POLICY ON SOCIAL SECURITY.—It is the policy 
of this resolution that Congress should work on a bipar-
tisan basis to make Social Security sustainably solvent. 
This resolution assumes reform of a current law trigger, 
such that: 
(1) If in any year the Board of Trustees of the 
Federal Old-Age and Survivors Insurance Trust 
Fund and the Federal Disability Insurance Trust 
Fund annual Trustees Report determines that the 
75-year actuarial balance of the Social Security 
Trust Funds is in deficit, and the annual balance of 
the Social Security Trust Funds in the 75th year is 
in deficit, the Board of Trustees shall, no later than 
September 30 of the same calendar year, submit to 
the President recommendations for statutory re-
forms necessary to achieve a positive 75-year actu-
arial balance and a positive annual balance in the 
75th-year. Recommendations provided to the Presi-
dent must be agreed upon by both Public Trustees 
of the Board of Trustees. 
(2) Not later than December 1 of the same cal-
endar year in which the Board of Trustees submit 
their recommendations, the President shall promptly 
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submit implementing legislation to both Houses of 
Congress including his recommendations necessary 
to achieve a positive 75-year actuarial balance and 
a positive annual balance in the 75th year. The Ma-
jority Leader of the Senate and the Majority Leader 
of the House shall introduce the President’s legisla-
tion upon receipt. 
(3) Within 60 days of the President submitting 
legislation, the committees of jurisdiction to which 
the legislation has been referred shall report the bill 
which shall be considered by the full House or Sen-
ate under expedited procedures. 
(4) Legislation submitted by the President 
shall— 
(A) protect those in or near retirement; 
(B) preserve the safety net for those who 
count on Social Security the most, including 
those with disabilities and survivors; 
(C) improve fairness for participants; 
(D) reduce the burden on, and provide cer-
tainty for, future generations; and 
(E) secure the future of the Disability In-
surance program while addressing the needs of 
those with disabilities today and improving the 
determination process. 
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