•HCON 174 IH
(A) 
New 
budget 
authority,
$263,800,000,000.
(B) Outlays, $263,800,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2001:
(A) 
New 
budget 
authority,
$266,700,000,000.
(B) Outlays, $266,700,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2002:
(A) 
New 
budget 
authority,
$257,900,000,000.
(B) Outlays, $257,900,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
(19) Allowances (920):
Fiscal year 1996:
(A) New budget authority, $0.
(B) Outlays, $0.
(C) New direct loan obligations, $0.
•HCON 174 IH
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 1997:
(A) 
New 
budget 
authority,
¥$7,000,000,000.
(B) Outlays, ¥$7,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 1998:
(A) 
New 
budget 
authority,
¥$18,000,000,000.
(B) Outlays, ¥$18,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 1999:
(A) 
New 
budget 
authority,
¥$23,000,000,000.
(B) Outlays, ¥$23,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2000:
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(A) 
New 
budget 
authority,
¥$29,000,000,000.
(B) Outlays, ¥$29,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2001:
(A) 
New 
budget 
authority,
¥$49,000,000,000.
(B) Outlays, ¥$49,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2002:
(A) 
New 
budget 
authority,
¥$49,000,000,000.
(B) Outlays, ¥$49,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
(20) Undistributed Offsetting Receipts (950):
Fiscal year 1996:
(A) 
New 
budget 
authority,
¥$40,900,000,000.
(B) Outlays, ¥$40,900,000,000.
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(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 1997:
(A) 
New 
budget 
authority,
¥$42,000,000,000.
(B) Outlays, ¥$42,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 1998:
(A) 
New 
budget 
authority,
¥$40,000,000,000.
(B) Outlays, $¥40,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 1999:
(A) 
New 
budget 
authority,
$¥39,000,000,000.
(B) Outlays, $¥39,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2000:
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(A) 
New 
budget 
authority,
$¥40,000,000,000.
(B) Outlays, $¥40,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2001:
(A) 
New 
budget 
authority,
$¥41,000,000,000.
(B) Outlays, $¥41,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
Fiscal year 2002:
(A) 
New 
budget 
authority,
$¥41,000,000,000.
(B) Outlays, $¥41,000,000,000.
(C) New direct loan obligations, $0.
(D) New primary loan guarantee com-
mitments, $0.
SEC. 4. SENSE OF THE HOUSE OF REPRESENTATIVES RE-
GARDING SOCIAL SECURITY.
It is the sense of the House of Representatives that—
(1) the surplus funds collected as part of the
social security payroll tax are currently being used
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on other Government programs or to mask the true
size of the deficit, and that this practice must stop;
(2) the bill, H.R. 2928, the Social Security
Preservation Act of 1996, stops the use of social se-
curity surpluses for other uses and restores the so-
cial security trust fund to its original intent;
(3) the bill, H.R. 2928, sets aside social secu-
rity’s surplus revenues in safe, secure, real invest-
ments so that the social security trust fund will be
available to protect the benefits of senior citizens
today and until at least the year 2030; and
(4) the bill, H.R. 2928, should be enacted at
the earliest practicable date.
SEC. 5. SENSE OF THE HOUSE OF REPRESENTATIVES RE-
GARDING DEBT REPAYMENT.
It is the sense of the House of Representatives that—
(1) the Congress has a basic moral and ethical
responsibility to future generations to repay the
Federal debt;
(2) the Congress should enact a plan that not
only balances the budget but also institutes a regi-
men for paying off the Federal debt;
(3) after the budget is balanced, spending
should be allowed to grow at a rate at least one per-
centage point slower than expected revenues so that
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Act of 1974 is needlessly complicated and difficult to
understand; and
(2) that Act has never produced a balanced
budget, and since 1974, the national debt has grown
ten-fold, 
from 
$500,000,000,000 
to 
over
$5,000,000,000,000 (or $5 Trillion).
(b) It is the sense of the House of Representatives
that major budget process reform should be enacted by
this Congress which includes the following elements:
(1) The new budget process must be able to
present Federal expenditures and revenues in a
clear, concise form that the American people can
readily understand.
(2) The new budget process must create direct
lines of accountability; no overlapping or multiple ju-
risdictions should be allowed.
(3) To make the new budget process clear and
accountable, budget functions must correspond on a
one-to-one basis with congressional committees.
(4) The new budget process should end the sep-
aration of authorization and appropriation functions
which needlessly complicates Federal budgeting.
(5) The new budget process should end the ar-
bitrary distinctions between mandatory and discre-
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tionary spending, and all spending should be subject
to annual, or biennial appropriation and review.
(6) The new budget process must set budget
function spending numbers in law, with strong en-
forcement mechanisms to ensure that overspending
for each budget function does not occur.
SEC. 8. SENSE OF THE HOUSE OF REPRESENTATIVES RE-
GARDING GOVERNMENT SHUTDOWNS AND
FUNDING LAPSES.
It is the sense of the House of Representatives that—
(1) Congress should enact a law ending the pos-
sibility of Government shutdowns;
(2) the new law should provide for automatic
spending authority in the event of a funding lapse
caused only by lack of an enacted general appropria-
tion bill at the end of a fiscal year; and
(3) the new law should set a formula establish-
ing funding at not more than 90 percent of the pre-
vious year’s spending authority level, for a time pe-
riod to last the entire fiscal year.
SEC. 9. SENSE OF THE HOUSE OF REPRESENTATIVES RE-
GARDING CONGRESSIONAL PENSIONS.
It is the sense of the House of Representatives that—
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(1) Members of Congress convicted of felonies
should be prohibited by law from receiving congres-
sional pensions; and
(2) congressional pensions should be changed to
match the pension benefits of all other Federal em-
ployees.
Æ