to date with projected revenue and spending for the bal-
ance of the fiscal year. The Director of the Congressional 
Budget Office shall include any other information in this 
report that it deems useful for a full understanding of the 
current fiscal position of the Federal Government. The re-
ports mandated by this subsection shall be transmitted by 
the Director to the Senate and House Committees on the 
Budget, and the Congressional Budget Office shall make 
such reports available to any interested party upon re-
quest.’’. 
(j) COMPLETION OF HOUSE ACTION ON REGULAR 
APPROPRIATION BILLS.—Section 309 of such Act (2 
U.S.C. 640) is amended— 
(1) by striking ‘‘It’’ and inserting ‘‘Except 
whenever section 300(b) is applicable, it’’; 
(2) by inserting ‘‘of any odd-numbered calendar 
year’’ after ‘‘July’’; 
(3) by striking ‘‘annual’’ and inserting ‘‘bien-
nial’’; and 
(4) by striking ‘‘fiscal year’’ and inserting ‘‘bi-
ennium’’. 
(k) RECONCILIATION PROCESS.—Section 310 of such 
Act (2 U.S.C. 641) is amended— 
VerDate Aug 31 2005 
22:17 May 27, 2007
Jkt 059200
PO 00000
Frm 00011
Fmt 6652
Sfmt 6201
E:\BILLS\H2469.IH
H2469
rwilkins on PROD1PC63 with BILLS
(1) in subsection (a), in the matter preceding 
paragraph (1), by striking ‘‘any fiscal year’’ and in-
serting ‘‘any biennium’’; 
(2) in subsection (a)(1), by striking ‘‘such fiscal 
year’’ each place it appears and inserting ‘‘any fiscal 
year covered by such resolution’’; and 
(3) by striking subsection (f) and redesignating 
subsection (g) as subsection (f). 
(l) SECTION 311 POINT OF ORDER.— 
(1) IN THE HOUSE.—Section 311(a)(1) of such 
Act (2 U.S.C. 642(a)) is amended— 
(A) by striking ‘‘for a fiscal year’’ and in-
serting ‘‘for a biennium’’; 
(B) by striking ‘‘the first fiscal year’’ each 
place it appears and inserting ‘‘either fiscal 
year of the biennium’’; and 
(C) by striking ‘‘that first fiscal year’’ and 
inserting ‘‘each fiscal year in the biennium’’. 
(2) IN
THE
SENATE.—Section 311(a)(2) of 
such Act is amended— 
(A) in subparagraph (A), by striking ‘‘for 
the first fiscal year’’ and inserting ‘‘for either 
fiscal year of the biennium’’; and 
(B) in subparagraph (B)— 
VerDate Aug 31 2005 
22:17 May 27, 2007
Jkt 059200
PO 00000
Frm 00012
Fmt 6652
Sfmt 6201
E:\BILLS\H2469.IH
H2469
rwilkins on PROD1PC63 with BILLS
(i) by striking ‘‘that first fiscal year’’ 
the first place it appears and inserting 
‘‘each fiscal year in the biennium’’; and 
(ii) by striking ‘‘that first fiscal year 
and the ensuing fiscal years’’ and inserting 
‘‘all fiscal years’’. 
(3) 
SOCIAL
SECURITY
LEVELS.—Section 
311(a)(3) of such Act is amended by— 
(A) striking ‘‘for the first fiscal year’’ and 
inserting ‘‘each fiscal year in the biennium’’; 
and 
(B) striking ‘‘that fiscal year and the ensu-
ing fiscal years’’ and inserting ‘‘all fiscal 
years’’. 
(m) 
MAXIMUM
DEFICIT
AMOUNT
POINT
OF 
ORDER.—Section 312(c) of the Congressional Budget Act 
of 1974 (2 U.S.C. 643) is amended— 
(1) by striking ‘‘for a fiscal year’’ and inserting 
‘‘for a biennium’’; 
(2) in paragraph (1), by striking ‘‘first fiscal 
year’’ and inserting ‘‘either fiscal year in the bien-
nium’’; 
(3) in paragraph (2), by striking ‘‘that fiscal 
year’’ and inserting ‘‘either fiscal year in the bien-
nium’’; and 
VerDate Aug 31 2005 
22:17 May 27, 2007
Jkt 059200
PO 00000
Frm 00013
Fmt 6652
Sfmt 6201
E:\BILLS\H2469.IH
H2469
rwilkins on PROD1PC63 with BILLS