require that all subsequent spending and tax legisla-
tion conform to the budget resolution’s deficit-reduc-
tion plan; and
(5) thereby to restore fiscal discipline and to
preserve social security for future retirees.
TITLE I—INCREASE IN DEBT
LIMIT
SEC. 101. INCREASE IN DEBT LIMIT.
(a) INCREASE IN STATUTORY DEBT LIMIT.—Section
3101(b) of title 31, United States Code, is amended by
striking 
‘‘$5,950,000,000,000’’ 
and 
inserting
‘‘$6,100,000,000,000’’.
(b) POINT OF ORDER.—(1) Effective immediately,
except as provided by paragraph (2) or (3), it shall not
be in order in the House of Representatives or the Senate
to consider any bill, joint resolution, amendment, or con-
ference report that includes any provision that increases
the limit on the public debt above the limit set forth in
section 3101(b) of title 31, United States Code, as in ef-
fect immediately before the date of consideration of that
measure by more than $100,000,000,000.
(2) Except as provided by paragraph (3), any bill or
joint resolution may carry an increase in such limit of
more than $100,000,000,000 only if the concurrent reso-
lution on the budget for the budget year has been adopted
and—
(A) sets forth or assumes a budget that is in
on-budget balance or surplus within 4 fiscal years
after the budget year and is in on-budget balance or
surplus for every subsequent fiscal year covered by
that resolution; and
(B) does not contain any reduction in social se-
curity benefits.
(3) Paragraphs (1) and (2) shall not apply in the
House of Representatives or the Senate if the chairman
of the Committee on the Budget of the House or of the
Senate, as applicable, certifies, based on the report of the
Congressional 
Budget 
Office 
pursuant 
to 
section
202(e)(1) or (2) of the Congressional Budget Act of 1974,
whichever report is the most recent, that the budget will
be in on-budget balance or surplus within 4 fiscal years
after the budget year and is in on-budget balance or sur-
plus for every subsequent fiscal year covered by that re-
port. If legislation to extend the discretionary spending
limits beyond fiscal year 2002 is enacted before the date
of release of such report, the Congressional Budget Office
shall assume such discretionary spending levels. Any such
certification shall only have force and effect until the date
of submission of the next report under either such section.
SEC. 102. PRESIDENTIAL PLAN TO BALANCE THE BUDGET.
(a) PRESIDENTIAL PLAN.—The President shall sub-
mit to the Congress by September 30, 2002, a proposal
to bring the budget of the Government (excluding the re-
ceipts and disbursements of the Federal Old-Age and Sur-
vivors Insurance Trust Fund and the Federal Disability
Insurance Trust Fund) into balance or surplus by fiscal
year 2007.
(b) SENSE OF CONGRESS.—It is the sense of Con-
gress that the plan described in subsection (a) should be
based on the most recent economic and technical assump-
tions of the Congressional Budget Office.
TITLE II—CIRCUIT BREAKER TO
PROTECT SOCIAL SECURITY
SEC. 201. CIRCUIT BREAKER TO PROTECT SOCIAL SECU-
RITY.
(a) CIRCUIT BREAKER POINTS OF ORDER.—(1) Ef-
fective January 1, 2003, whenever the most recent report
of the Congressional Budget Office pursuant to section
202(e)(1) of the Congressional Budget Act of 1974
projects an on-budget deficit for any fiscal year, it shall
not be in order in the House of Representatives or the
Senate to consider any concurrent resolution on the budg-
et that—
(A) sets forth or assumes an on-budget deficit
for any such fiscal year that is larger than such
Congressional Budget Office projection for that fis-
cal year;
(B) sets forth or assumes a budget that is not
in on-budget balance or surplus within 4 fiscal years
after the budget year and is not in on-budget bal-
ance or surplus for any subsequent fiscal year cov-
ered by that resolution; or
(C) contains any reduction in social security
benefits.
(2) Effective January 1, 2003, whenever the most re-
cent report of the Congressional Budget Office pursuant
to section 202(e)(1) of the Congressional Budget Act of
1974 projects both on-budget surpluses (or a balanced
budget) and deficits for the fiscal years included in that
report, it shall not be in order in the House of Representa-
tives or the Senate to consider any concurrent resolution
on the budget that—
(A) sets forth or assumes an on-budget deficit
for any fiscal year for which such Congressional
Budget Office projection for that fiscal year is for
an on-budget surplus or balance; or
(B) contains any reduction in social security
benefits.
(b) SUSPENSION OF REQUIREMENT DURING WAR OR
LOW ECONOMIC GROWTH.—
(1) LOW GROWTH.—If the most recent of the
Department of Commerce’s advance, preliminary, or
final reports of actual real economic growth indicate
that the rate of real economic growth (as measured
by real GDP) for each of the most recently reported
quarter and the immediately preceding quarter is
less than 1 percent, this section is suspended.
(2) WAR.—If a declaration of war is in effect,
this section is suspended.
Æ