H. Con. Res. 67
Agreed to June 29, 1995
One Hundred Fourth Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Wednesday,
the fourth day of January, one thousand nine hundred and ninety-five
Concurrent Resolution
Resolved by the House of Representatives (the Senate concur-
ring),
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL
YEAR 1996.
(a) DECLARATION.—The Congress determines and declares that
this resolution is the concurrent resolution on the budget for fiscal
year 1996, including the appropriate budgetary levels for fiscal
years 1997, 1998, 1999, 2000, as required by section 301 of the
Congressional Budget Act of 1974, and including the appropriate
levels for fiscal years 2001 and 2002.
(b) TABLE OF CONTENTS.—The table of contents for this concur-
rent resolution is as follows:
Sec. 1. Concurrent resolution on the budget for fiscal year 1996.
TITLE I—LEVELS AND AMOUNTS
Sec. 101. Recommended levels and amounts.
Sec. 102. Debt increase.
Sec. 103. Social Security.
Sec. 104. Major functional categories.
Sec. 105. Reconciliation.
TITLE II—BUDGETARY RESTRAINTS AND RULEMAKING
Sec. 201. Discretionary spending limits.
Sec. 202. Extension of pay-as-you-go point of order.
Sec. 203. Tax reserve fund in the Senate.
Sec. 204. Welfare reform reserve fund.
Sec. 205. Budget surplus allowance.
Sec. 206. Sale of government assets.
Sec. 207. Credit reform and direct student loans.
Sec. 208. Extension of Budget Act 60-vote enforcement through 2002.
Sec. 209. Repeal of IRS allowance.
Sec. 210. Tax reduction contingent on balanced budget in the House of Representa-
tives.
Sec. 211. Exercise of rulemaking powers.
TITLE III—SENSE OF THE CONGRESS, HOUSE OF REPRESENTATIVES, AND
SENATE
Sec. 301. Sense of the Congress on the elimination of fraud, waste, and abuse in
the medicare system.
Sec. 302. Sense of Congress regarding privatization of the student loan marketing
association (Sallie Mae).
Sec. 303. Sense of the Congress regarding the debt limit.
Sec. 304. Sense of the Congress assumptions.
Sec. 305. Sense of the Senate that tax reductions should benefit working families.
Sec. 306. Sense of the Senate on the distribution of agriculture savings.
Sec. 307. Sense of the Senate on the establishment of a medicare solvency commis-
sion.
Sec. 308. Sense of the Senate regarding protection of children’s health.
Sec. 309. Sense of the Senate on the assumptions.
Sec. 310. House Statement on agriculture savings.
H. Con. Res. 67—2
Sec. 311. Sense of the House on baselines.
Sec. 312. Sense of the House regarding a commission on the solvency of the Federal
military and civil service retirement funds.
Sec. 313. Sense of the House regarding the repeal of House Rule XLIX.
Sec. 314. Sense of the House on emergencies.
TITLE I—LEVELS AND AMOUNTS
SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.
The following budgetary levels are appropriate for the fiscal
years 1996, 1997, 1998, 1999, 2000, 2001, and 2002:
(1) FEDERAL REVENUES.—For purposes of the enforcement of
this resolution—
(A) The recommended levels of Federal revenues are as
follows:
Fiscal year 1996: $1,042,500,000,000.
Fiscal year 1997: $1,082,700,000,000.
Fiscal year 1998: $1,134,200,000,000.
Fiscal year 1999: $1,186,700,000,000.
Fiscal year 2000: $1,245,400,000,000.
Fiscal year 2001: $1,313,400,000,000.
Fiscal year 2002: $1,384,200,000,000.
(B) The amounts by which the aggregate levels of Federal
revenues should be changed are as follows:
Fiscal year 1996: $100,000,000.
Fiscal year 1997: $100,000,000.
Fiscal year 1998: $200,000,000.
Fiscal year 1999: $200,000,000.
Fiscal year 2000: $200,000,000.
Fiscal year 2001: $200,000,000.
Fiscal year 2002: $200,000,000.
(C) The amounts for Federal Insurance Contributions Act
revenues for hospital insurance within the recommended levels
of Federal revenues are as follows:
Fiscal year 1996: $103,800,000,000.
Fiscal year 1997: $109,000,000,000.
Fiscal year 1998: $114,900,000,000.
Fiscal year 1999: $120,700,000,000.
Fiscal year 2000: $126,900,000,000.
Fiscal year 2001: $133,600,000,000.
Fiscal year 2002: $140,400,000,000.
(2) NEW BUDGET AUTHORITY.—For purposes of the enforcement
of this resolution, the appropriate levels of total new budget author-
ity are as follows:
Fiscal year 1996: $1,285,500,000,000.
Fiscal year 1997: $1,324,300,000,000.
Fiscal year 1998: $1,362,300,000,000.
Fiscal year 1999: $1,396,900,000,000.
Fiscal year 2000: $1,445,600,000,000.
Fiscal year 2001: $1,476,300,000,000.
Fiscal year 2002: $1,518,800,000,000.
(3) BUDGET OUTLAYS.—For purposes of the enforcement of this
resolution, the appropriate levels of total budget outlays are as
follows:
Fiscal year 1996: $1,288,100,000,000.
Fiscal year 1997: $1,316,800,000,000.
Fiscal year 1998: $1,338,200,000,000.
H. Con. Res. 67—3
Fiscal year 1999: $1,379,600,000,000.
Fiscal year 2000: $1,426,500,000,000.
Fiscal year 2001: $1,453,600,000,000.
Fiscal year 2002: $1,492,600,000,000.
(4) DEFICITS.—For purposes of the enforcement of this resolu-
tion, the amounts of the deficits are as follows:
Fiscal year 1996: $245,600,000,000.
Fiscal year 1997: $234,100,000,000.
Fiscal year 1998: $204,000,000,000.
Fiscal year 1999: $192,900,000,000.
Fiscal year 2000: $181,100,000,000.
Fiscal year 2001: $140,200,000,000.
Fiscal year 2002: $108,400,000,000.
(5) PUBLIC DEBT.—The appropriate levels of the public debt
are as follows:
Fiscal year 1996: $5,210,700,000,000.
Fiscal year 1997: $5,510,100,000,000.
Fiscal year 1998: $5,779,800,000,000.
Fiscal year 1999: $6,038,900,000,000.
Fiscal year 2000: $6,288,900,000,000.
Fiscal year 2001: $6,503,500,000,000.
Fiscal year 2002: $6,688,600,000,000.
(6) DIRECT LOAN OBLIGATIONS.—The appropriate levels of total
new direct loan obligations are as follows:
Fiscal year 1996: $37,600,000,000.
Fiscal year 1997: $40,200,000,000.
Fiscal year 1998: $42,300,000,000.
Fiscal year 1999: $45,700,000,000.
Fiscal year 2000: $45,800,000,000.
Fiscal year 2001: $45,800,000,000.
Fiscal year 2002: $46,100,000,000.
(7) PRIMARY LOAN GUARANTEE COMMITMENTS.—The appro-
priate levels of new primary loan guarantee commitments are as
follows:
Fiscal year 1996: $193,400,000,000.
Fiscal year 1997: $187,900,000,000.
Fiscal year 1998: $185,300,000,000.
Fiscal year 1999: $183,300,000,000.
Fiscal year 2000: $184,700,000,000.
Fiscal year 2001: $186,100,000,000.
Fiscal year 2002: $187,600,000,000.
SEC. 102. DEBT INCREASE.
The amounts of the increase in the public debt subject to
limitation are as follows:
Fiscal year 1996: $307,800,000,000.
Fiscal year 1997: $299,300,000,000.
Fiscal year 1998: $269,800,000,000.
Fiscal year 1999: $259,100,000,000.
Fiscal year 2000: $249,900,000,000.
Fiscal year 2001: $214,600,000,000.
Fiscal year 2002: $185,100,000,000.
SEC. 103. SOCIAL SECURITY.
(a) SOCIAL
SECURITY
REVENUES.—For purposes of Senate
enforcement under sections 302, 602, and 311 of the Congressional
Budget Act of 1974, the amounts of revenues of the Federal Old-
H. Con. Res. 67—4
Age and Survivors Insurance Trust Fund and the Federal Disability
Insurance Trust Fund are as follows:
Fiscal year 1996: $374,700,000,000.
Fiscal year 1997: $392,000,000,000.
Fiscal year 1998: $411,400,000,000.
Fiscal year 1999: $430,900,000,000.
Fiscal year 2000: $452,000,000,000.
Fiscal year 2001: $475,200,000,000.
Fiscal year 2002: $498,600,000,000.
(b) SOCIAL SECURITY OUTLAYS.—For purposes of Senate enforce-
ment under sections 302, 602, 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 Insur-
ance Trust Fund are as follows:
Fiscal year 1996: $299,400,000,000.
Fiscal year 1997: $310,900,000,000.
Fiscal year 1998: $324,600,000,000.
Fiscal year 1999: $338,500,000,000.
Fiscal year 2000: $353,100,000,000.
Fiscal year 2001: $368,100,000,000.
Fiscal year 2002: $383,800,000,000.
SEC. 104. MAJOR FUNCTIONAL CATEGORIES.
The Congress determines and declares that the appropriate
levels of new budget authority, budget outlays, new direct loan
obligations, and new primary loan guarantee commitments for fiscal
years 1996 through 2002 for each major functional category are:
(1) National Defense (050):
Fiscal year 1996:
(A) New budget authority, $264,700,000,000.
(B) Outlays, $263,100,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$1,700,000,000.
Fiscal year 1997:
(A) New budget authority, $267,300,000,000.
(B) Outlays, $265,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$1,700,000,000.
Fiscal year 1998:
(A) New budget authority, $269,000,000,000.
(B) Outlays, $263,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$1,700,000,000.
Fiscal year 1999:
(A) New budget authority, $271,700,000,000.
(B) Outlays, $267,200,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee commitments,
$1,700,000,000.
Fiscal year 2000:
(A) New budget authority, $274,400,000,000.
(B) Outlays, $270,900,000,000.
(C) New direct loan obligations, $0.