•HCON 109 IH 
(B) Outlays, $434,561,000,000. 
(3) Allowances (920): 
Fiscal year 2008: 
(A) 
New 
budget 
authority, 
$6,439,000,000. 
(B) Outlays, $5,544,000,000. 
Fiscal year 2009: 
(A) 
New 
budget 
authority, 
–$11,795,000,000. 
(B) Outlays, –$6,242,000,000. 
Fiscal year 2010: 
(A) 
New 
budget 
authority, 
–$5,709,000,000. 
(B) Outlays, –$6,972,000,000. 
Fiscal year 2011: 
(A) 
New 
budget 
authority, 
–$150,000,000. 
(B) Outlays, –$3,007,000,000. 
Fiscal year 2012: 
(A) 
New 
budget 
authority, 
$4,167,000,000. 
(B) Outlays, $1,286,000,000. 
(4) Offsetting Receipts (950): 
Fiscal year 2008: 
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(A) 
New 
budget 
authority, 
–$71,009,000,000. 
(B) Outlays, –$71,009,000,000. 
Fiscal year 2009: 
(A) 
New 
budget 
authority, 
–$66,578,000,000. 
(B) Outlays, –$66,587,000,000. 
Fiscal year 2010: 
(A) 
New 
budget 
authority, 
–$71,869,000,000. 
(B) Outlays, –$71,869,000,000. 
Fiscal year 2011: 
(A) 
New 
budget 
authority, 
–$69,623,000,000. 
(B) Outlays, –$69,643,000,000. 
Fiscal year 2012: 
(A) 
New 
budget 
authority, 
–$72,789,000,000. 
(B) Outlays, –$72,792,000,000. 
TITLE II—RECONCILIATION 
SEC. 201. RECONCILIATION IN THE HOUSE OF REPRESENT-
ATIVES. 
(a) SUBMISSION TO PROVIDE FOR THE REFORM OF 
MANDATORY SPENDING.—(1) Not later than June 8, 
2007, the House committees named in paragraph (2) shall 
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submit their recommendations to the House Committee on 
the Budget. After receiving those recommendations, the 
House Committee on the Budget shall report to the House 
a reconciliation bill carrying out all such recommendations 
without substantive revision. 
(2) INSTRUCTIONS.— 
(A) 
COMMITTEE
ON
AGRICULTURE.—The 
House Committee on Agriculture shall report 
changes in laws within its jurisdiction sufficient to 
reduce direct spending by $452,000,000 for fiscal 
year 2008, $3,277,000,000 for fiscal year 2012, and 
$9,849,000,000 for the period of fiscal years 2008 
through 2012. 
(B) COMMITTEE
ON
ARMED
SERVICES.—The 
House Committee on Armed Services shall report 
changes in laws within its jurisdiction sufficient to 
reduce direct spending by $50,000,000 for fiscal 
year 2008, $100,000,000 for fiscal year 2012, and 
$410,000,000 for the period of fiscal years 2008 
through 2012. 
(C) COMMITTEE ON EDUCATION AND LABOR.— 
The House Committee on Education and Labor shall 
report changes in laws within its jurisdiction suffi-
cient to reduce direct spending by $3,456,000,000 
for fiscal year 2008, $400,000,000 for fiscal year 
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2012, and $4,906,000,000 for the period of fiscal 
years 2008 through 2012. 
(D) COMMITTEE
ON
ENERGY
AND
COM-
MERCE.—The House Committee on Energy and 
Commerce shall report changes in laws within its ju-
risdiction sufficient to reduce direct spending by 
$8,344,000,000 
or 
fiscal 
year 
2008, 
$30,602,000,000 
for 
fiscal 
year 
2012, 
and 
$97,359,000,000 for the period of fiscal years 2008 
through 2012. 
(E) COMMITTEE
ON
FINANCIAL
SERVICES.— 
The House Committee on Financial Services shall 
report changes in laws within its jurisdiction suffi-
cient to reduce direct spending by $0 for fiscal year 
2008, $140,000,000 for fiscal year 2012, and 
$400,000,000 for the period of fiscal years 2008 
through 2012. 
(F) COMMITTEE ON FOREIGN AFFAIRS.—The 
House Committee on Foreign Affairs shall report 
changes in laws within its jurisdiction sufficient to 
reduce direct spending by $20,000,000 for fiscal 
year 2008, $90,000,000 for fiscal year 2012, and 
$250,000,000 for the period of fiscal years 2008 
through 2012. 
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•HCON 109 IH 
(G) COMMITTEE
ON
THE
JUDICIARY.—The 
House Committee on the Judiciary shall report 
changes in laws within its jurisdiction sufficient to 
reduce direct spending by $265,000,000 for fiscal 
year 2008, $1,010,000,000 for fiscal year 2012, and 
$3,515,000,000 for the period of fiscal years 2008 
through 2012. 
(H) COMMITTEE ON NATURAL RESOURCES.— 
The House Committee on Natural Resources shall 
report changes in laws within its jurisdiction suffi-
cient to reduce direct spending by $1,507,000,000 
for fiscal year 2008, $535,000,000 for fiscal year 
2012, and $4,647,000,000 for the period of fiscal 
years 2008 through 2012. 
(I) COMMITTEE ON TRANSPORTATION AND IN-
FRASTRUCTURE.—The House Committee on Trans-
portation and Infrastructure shall report changes in 
laws within its jurisdiction sufficient to reduce direct 
spending by $460,000,000 for fiscal year 2008, 
$1,063,000,000 
for 
fiscal 
year 
2012, 
and 
$4,272,000,000 for the period of fiscal years 2008 
through 2012. 
(J) COMMITTEE ON WAYS AND MEANS.—The 
House Committee on Ways and Means shall report 
changes in laws within its jurisdiction sufficient to 
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reduce direct spending by $10,109,000,000 for fiscal 
year 2008, $41,543,000,000 for fiscal year 2012, 
and $153,122,000,000 for the period of fiscal years 
2008 through 2012, sufficient to reduce revenues by 
not more than $48,912,000,000 for fiscal year 2008 
and by not more than $447,221,000,000 for the pe-
riod of fiscal years 2008 through 2012. 
(b) SUBMISSION
OF REVISED ALLOCATIONS.—(1) 
Upon the submission to the Committee on the Budget of 
the House of a recommendation that has complied with 
its reconciliation instructions solely by virtue of section 
310(c) of the Congressional Budget Act of 1974, the 
chairman of that committee may file with the House ap-
propriately revised allocations under section 302(a) of 
such Act and revised functional levels and aggregates. 
(2) Upon the submission to the House of a conference 
report recommending a reconciliation bill or resolution in 
which a committee has complied with its reconciliation in-
structions solely by virtue of this section, the chairman 
of the Committee on the Budget of the House may file 
with the House appropriately revised allocations under 
section 302(a) of such Act and revised functional levels 
and aggregates. 
(3) Allocations and aggregates revised pursuant to 
this subsection shall be considered to be allocations and 
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aggregates established by the concurrent resolution on the 
budget pursuant to section 301 of such Act. 
TITLE III—POLICY STATEMENTS 
SEC. 301. POLICY OF THE UNITED STATES CONGRESS ON 
TAXATION. 
The United States Congress reaffirms the statement 
of principle that the Federal Government should not raise 
taxes on American families or reverse the policies that 
have led to strong growth in the United States economy, 
and instead should move towards balancing the budget by 
reigning in the Federal Government’s spending; it is fur-
ther the policy assumption underlying this resolution that 
the tax relief enacted in 2001 and 2003 should be contin-
ued. 
SEC. 302. POLICY OF THE UNITED STATES CONGRESS ON 
ENTITLEMENT SPENDING. 
(a) FINDINGS.— 
(1) Entitlement growth is unsustainable. Enti-
tlements are currently growing at 6 percent per year 
significantly faster than our entire economy, and 
more than twice the rate of inflation. 
(2) Entitlements currently consume more than 
half of the entire Federal budget. If simply left on 
‘‘auto-pilot’’ (assuming no new entitlement spending 
or benefits): 
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