Establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.

Bill: 115-hconres-71
Sponsor: full_name: Rep. Black, Diane [R-TN-6]
Introduced: 2017-07-21
Policy area: Economics and Public Finance
Subjects: Accounting and auditing

Administrative law and regulatory procedures

Advisory bodies

Appropriations

Aviation and airports

Budget deficits and national debt

Budget process

Centers for Disease Control and Prevention (CDC)

Chemical and biological weapons

Child health

Civil actions and liability

Congressional committees

Congressional operations and organization

Congressional oversight

Constitution and constitutional amendments

Corporate finance and management

Defense spending

Department of Health and Human Services

Department of Veterans Affairs

Disability assistance

Drug trafficking and controlled substances

Drug, alcohol, tobacco use

Economic performance and conditions

Education programs funding

Emergency medical services and trauma care

Employment and training programs

Energy efficiency and conservation

Executive agency funding and structure

Fires

Food assistance and relief

Forests, forestry, trees

Government buildings, facilities, and property

Government lending and loan guarantees

Government liability

Government studies and investigations

Government trust funds

Health care costs and insurance

Health care coverage and access

Health care quality

Health programs administration and funding

Health promotion and preventive care

Health technology, devices, supplies

Higher education

House of Representatives

Housing and community development funding

Immunology and vaccination

Income tax rates

Infectious and parasitic diseases

Infrastructure development

International law and treaties

Legislative rules and procedure

Medicaid

Medical research

Medicare

Members of Congress

Military operations and strategy

National Institutes of Health (NIH)

Nuclear weapons

Performance measurement

Poverty and welfare assistance

Public contracts and procurement

Public utilities and utility rates

Research administration and funding

Research and development

Roads and highways

Sanctions

Social security and elderly assistance

State and local government operations

Student aid and college costs

Taxation of foreign income

Technology transfer and commercialization

Terrorism

Transportation costs

Transportation programs funding

U.S. Postal Service

User charges and fees

Veterans' medical care

Veterans' pensions and compensation

World health
Latest action: action_date: 2017-10-26
text: Motion to reconsider laid on the table Agreed to without objection.

Summaries:
action_date: 2017-07-21
action_desc: Introduced in House
text: <p>Establishes the congressional budget for the federal government for FY2018 and sets forth budgetary levels for FY2019-FY2027. </p> <p>Recommends levels and amounts for FY2018-FY2027 for:</p> <ul> <li>federal revenues, </li> <li>new budget authority, </li> <li>budget outlays, </li> <li>deficits (on-budget), </li> <li>debt subject to limit, </li> <li>debt held by the public, and </li> <li>the major functional categories of spending. </li> </ul> <p>Includes reconciliation instructions directing 11 specified House authorizing committees to submit deficit reduction legislation to the House Budget Committee by October 6, 2017. </p> <p>Sets forth budget enforcement procedures addressing: </p> <ul> <li> long-term direct spending; </li> <li> allocations for Overseas Contingency Operations/ Global War on Terrorism; </li> <li> changes in mandatory programs; </li> <li> estimates of debt service costs, credit programs, macroeconomic effects, and energy saving performance contracts; </li> <li> adjustments to spending levels; </li> <li> advance appropriations; </li> <li> transfers from the general fund of the Treasury to the Highway Trust Fund; </li> <li> Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees; and </li> <li> Federal Reserve System surpluses. </li> </ul> <p>Establishes reserve funds for legislation relating to: </p> <ul> <li> the commercialization of air traffic control, </li> <li> investments in national infrastructure, </li> <li> comprehensive tax reform, or</li> <li>the State Children's Health Insurance Program (CHIP).</li> </ul> <p>Sets forth policy statements on several fiscal and domestic policy issues. </p>

action_date: 2017-07-21
action_desc: Reported to House without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) </p> <p>Establishes the congressional budget for the federal government for FY2018 and sets forth budgetary levels for FY2019-FY2027. </p> <p>TITLE I--RECOMMENDED LEVELS AND AMOUNTS </p> <p>(Sec. 101) Recommends levels and amounts for FY2018-FY2027 for: </p> <ul> <li> Federal Revenues, </li> <li>New Budget Authority, </li> <li> Budget Outlays, </li> <li> Deficits (On-Budget), </li> <li> Debt Subject to Limit, and </li> <li> Debt Held by the Public. </li> </ul> <p>(Sec. 102) Recommends levels of new budget authority and outlays for FY2018-FY2027 for each major functional category, including: </p> <ul> <li> National Defense; </li> <li> International Affairs; </li> <li> General Science, Space, and Technology; </li> <li> Energy; </li> <li> Natural Resources and Environment; </li> <li> Agriculture; </li> <li> Commerce and Housing Credit; </li> <li> Transportation; </li> <li> Community and Regional Development; </li> <li> Education, Training, Employment, and Social Services; </li> <li> Health; </li> <li> Medicare; </li> <li> Income Security; </li> <li> Social Security; </li> <li> Veterans Benefits and Services; </li> <li> Administration of Justice; </li> <li> General Government; </li> <li> Net Interest; </li> <li> Allowances; </li> <li>Government-wide Savings and Adjustments; </li> <li> Undistributed Offsetting Receipts; </li> <li> Overseas Contingency Operations/ Global War on Terrorism; and </li> <li> an Across-the-Board Adjustment. </li> </ul> <p>TITLE II--RECONCILIATION AND RELATED MATTERS </p> <p>(Sec. 201) Includes reconciliation instructions directing 11 House authorizing committees to submit to the House Budget Committee no later than October 6, 2017, legislation to reduce the deficit by specified amounts over FY2018-FY2027. (Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) </p> <p>TITLE III--BUDGET ENFORCEMENT IN THE HOUSE OF REPRESENTATIVES </p> <p>Subtitle A--Budget Enforcement </p> <p>(Sec. 301) Requires the Congressional Budget Office (CBO) to estimate whether legislation (other than appropriations measures) would cause a net increase in direct spending in excess of $2.5 billion over any of the 4 consecutive 10-year periods beginning in FY2027. Establishes a point of order against legislation (other than appropriations measures) with a net effect of increasing direct spending by more than $2.5 billion in any of the 4 consecutive 10-year periods. Specifies that this provision has no force or effect after September 30, 2018. </p> <p>(Sec. 302) Provides the House Appropriations Committee with a separate allocation for Overseas Contingency Operations/Global War on Terrorism and specifies procedures for enforcing and adjusting the allocation. </p> <p>(Sec. 303) Establishes a point of order restricting the inclusion of certain changes in mandatory programs (CHIMPs) in appropriations legislation for FY2018-FY2020. Limits CHIMPs that reduce budget authority in the budget year but do not decrease outlays over the period of the total of the current year, budget year, and all fiscal years covered under the most recently agreed to budget resolution. Limit the CHIMPS to: $19.1 billion for FY2018, $17 billion for FY2019, and $15 billion for FY2020. </p> <p>(Sec. 304) Prohibits advance appropriations unless: (1) the appropriation is provided for an account listed as an exception in the report accompanying this resolution, and (2) total advance appropriations do not exceed specified limits. (Under this resolution, an advance appropriation is any new discretionary budget authority provided in appropriations legislation for the fiscal year following FY2018.) </p> <p>(Sec. 305) Permits the chair of the House Budget Committee to direct the CBO to include changes in debt service costs in estimates of legislation except for authorizations of discretionary programs or appropriation measures. </p> <p>Specifies that: (1) this section applies to changes in the authorization level of appropriated entitlements, and (2) the estimates are advisory and may not be used for budget enforcement. </p> <p>(Sec. 306) Requires the CBO, upon request of the chairman of the House Budget Committee, to include supplemental fair-value estimates in estimates for legislation establishing or modifying a loan or loan guarantee program. </p> <p>Requires the CBO to provide a supplemental fair-value estimate for legislation establishing or modifying a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). </p> <p>Requires the CBO to include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and other major loan and loan guarantee programs in its &quot;Budget and Economic Outlook: 2018 to 2027.&quot; </p> <p>Permits the chairman of the House Budget Committee to use the fair-value estimates provided pursuant to this section for budget enforcement purposes. </p> <p>(A fair-value estimate is an alternative to federal credit program estimates required by the Federal Credit Reform Act of 1990 [FCRA]. Under FCRA, cash flows are discounted using Treasury interest rates for estimating subsidy costs. The fair-value method incorporates market risk by using market rates.) </p> <p>(Sec. 307) Requires the CBO and the Joint Committee on Taxation to incorporate macroeconomic effects in estimates of specified legislation (commonly referred to as dynamic scoring). </p> <p>(Sec. 308) Authorizes the chairman of the House Budget Committee to adjust committee allocations and levels in this resolution if legislation decreases direct spending in any fiscal year and authorizes appropriations for the same purpose. </p> <p>(Sec. 309) Directs the CBO to estimate legislation that affects the use of energy savings performance contracts or utility energy service contracts on a net present value basis (in today's dollars) using calculations that meet specified requirements. Specifies that the contracts are to be scored as direct spending and that savings resulting from the contracts may be not be used as an offset for budget enforcement purposes. </p> <p>(Under an energy savings performance contract, a private party agrees to fund energy-efficient upgrades for a federal facility, and the federal agency agrees to pay the private party from reductions in the agency's energy costs. Under a utility energy service contract, the services and equipment are provided by a utility.) </p> <p>(Sec. 310) Requires transfers of funds from the general fund of the Treasury to the Highway Trust Fund to be counted as new budget authority and outlays in the year the transfer occurs. </p> <p>(Sec. 311) Prohibits transfers of surpluses of the Federal Reserve System from being counted as offsets for budget enforcement purposes. (This section prevents the transfers from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.) </p> <p>(Sec. 312) Prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used for budget enforcement purposes. (Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This section prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.) </p> <p>Subtitle B--Other Provisions </p> <p>(Sec. 321) Specifies that the administrative expenses of the Social Security Administration and the U.S. Postal Service are reflected in the allocation to the House Appropriations Committee to ensure that the committee retains control over the expenses through the annual appropriations process. </p> <p>Requires the administrative expenses to be included in the cost estimates used to determine if an appropriations bill exceeds the spending limits in this resolution. </p> <p>(Sec. 322) Sets forth procedures for the adjustment of allocations, aggregates, and other budgetary levels included in this resolution. </p> <p>Permits the chairman of the House Budget Committee to adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. </p> <p>(Sec. 323) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, and other levels in this resolution for any change in budgetary concepts and definitions pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985. </p> <p>(Sec. 324) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, reconciliation targets, and other levels in this resolution for any changes that the CBO makes to its baseline for FY2018-FY2027. </p> <p>(Sec. 325) Waives the point of order that would otherwise apply to appropriations legislation that exceeds the statutory limits on discretionary spending if the legislation would not cause this resolution's 302(a) allocation for the appropriations committee to be exceeded. </p> <p>(Sec. 326) Affirms that the adoption of this budget resolution is an exercise of the House's rulemaking power and that the House has the constitutional right to change these rules. </p> <p>TITLE IV--RESERVE FUNDS IN THE HOUSE OF REPRESENTATIVES </p> <p>Establishes reserve funds that permit the chairman of the House Budget Committee to adjust the levels and allocations included in the budget resolution to accommodate health, tax, and transportation legislation that meets specified conditions. </p> <p>(Reserve funds provide the House Budget Committee Chairman with flexibility in applying budget enforcement rules to legislation that meets specified criteria.) </p> <p>(Sec. 401) Establishes a reserve fund for legislation that commercializes the operations of the air traffic control system and reduces discretionary spending limits by the amount that would otherwise be appropriated to the Federal Aviation Administration for air traffic control. </p> <p>(Sec. 402) Establishes a reserve fund for legislation that invests in national infrastructure and is deficit neutral over the period of FY2018-FY2027. </p> <p>(Sec. 403) Establishes a reserve fund for legislation that provides for comprehensive tax reform and would not increase the deficit over the period of FY2018-FY2027. </p> <p>(Sec. 404) Establishes a reserve fund for legislation that extends the State Children's Health Insurance Program (CHIP) allotments and would not increase the deficit over the period of FY2018-FY2027. </p> <p>(Sec. 405) Establishes a reserve fund for legislation that repeals or replaces the Patient Protection and Affordable Care Act and the health care-related provisions of the Health Care and Education Reconciliation Act of 2010. </p> <p>TITLE V--POLICY STATEMENTS IN THE HOUSE OF REPRESENTATIVES </p> <p>(Sec. 501) States the policy of this resolution that Congress should propose a balanced budget constitutional amendment for ratification by the states. </p> <p>(Sec. 502) States the policy of this resolution that Congress should enact legislation that reforms the congressional budget process. </p> <p>(Sec. 503) States that the policies of resolution regarding federal regulatory budgeting and reform.</p> <p>(Sec. 504) States the policies of this resolution regarding unauthorized appropriations.</p> <p>(Sec. 505) States the policy of this resolution that the House should reform government-wide budget and accounting practices so Members of Congress and the public can better understand the fiscal condition of the United States and the best options to improve it. </p> <p>(Sec. 506) States the policy of this resolution that legislation should be enacted that establishes a Commission on Budget Concepts to review and revise budget concepts and make recommendations to create a more transparent federal budget process. </p> <p>(Sec. 507) States the policy of this resolution that the House should enforce this resolution by: </p> <ul> <li> adopting the budget resolution before considering tax or spending legislation, </li> <li> assessing measures for compliance with budget rules, </li> <li> passing legislation to strengthen enforcement of the budget resolution, </li> <li> complying with discretionary spending limits, </li> <li> preventing the use of accounting gimmicks to offset higher spending, </li> <li> modifying scoring rules to encourage the commercialization of government activities that can best be provided by the private sector, and </li> <li> discouraging the use of savings identified in the budget resolution as offsets for spending or tax legislation. </li> </ul> <p>(Sec. 508) States the policy of this resolution that an independent commission should be established to: (1) find tangible solutions to reduce total improper payments by 50% within the next 5 years, and (2) develop a more-stringent system of agency oversight to achieve this goal. </p> <p>(Sec. 509) States the policy of this resolution that: (1) the House should reassert its constitutional prerogative to control federal spending and exercise rigorous oversight over federal agencies, (2) Congress should subject all fees paid by the public to federal agencies to annual appropriations or authorizing legislation. and (3) a share of these proceeds should be reserved for taxpayers in the form of deficit reduction.</p> <p>(Sec. 510) States the policies of this resolution regarding health care reform and regulations. </p> <p>(Sec. 511) States the policy of this resolution to save Medicare for those in or near retirement and strengthen the program's solvency for future beneficiaries. Sets forth the assumptions of this resolution regarding Medicare reform. </p> <p>(Sec. 512) States the policy of this resolution on combating opioid abuse. </p> <p>(Sec. 513) States the policy of this resolution regarding the reauthorization of the State Children's Health Insurance Program. </p> <p>(Sec. 514) States the policy of this resolution on funding and regulations regarding medical innovation.</p> <p>(Sec. 515) States the policy of this resolution regarding public health preparedness, including the funding of activities to develop and stockpile medical countermeasures to infectious diseases and chemical, biological, radiological, and nuclear agents. </p> <p>(Sec. 516) States the policies of this resolution regarding Social Security, including the Disability Insurance program and Social Security solvency. </p> <p>(Sec. 517) States the policy of this resolution regarding Medicaid work requirements. </p> <p>(Sec. 518) States the policies of this resolution regarding Welfare reform and Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps) work requirements.</p> <p>(Sec. 519) States the policies of this resolution regarding state flexibility with respect to SNAP. </p> <p>(Sec. 520) States the policies of this resolution regarding: (1) promoting college affordability, access, and success; and (2) workforce development. </p> <p>(Sec. 521) States the policy of this resolution that Congress, in coordination with the Administration, should develop both a long-term funding mechanism that would allow supplemental wildfire suppression funding and reforms on reducing hazardous fuel loads on federal forests and lands that could decrease wildfires. </p> <p>(Sec. 522) States the policy of this resolution that the House should require the Veterans Administration to conduct an audit of its programs named on Government Accountability Office' 's &quot;high-risk&quot; list and report its findings to specified congressional committees. </p> <p>(Sec. 523) States the policy of this resolution that all receipts and disbursements of the U.S. Postal Service should be included in the congressional budget and the budget of the federal government. </p> <p>(Sec. 524) States the policy of this resolution regarding payments from the Judgment Fund. </p> <p>(Sec. 525) States the policy of this resolution to identify savings that can be achieved through greater productivity and efficiency gains in the operation and maintenance of the House of Representatives. </p> <p>(Sec. 526) States the policy of this resolution that the House should consider comprehensive tax reform legislation that simplifies the tax code, reduces individual rates and the number of brackets, repeals the Alternative Minimum Tax, reduces the corporate tax rate, and transitions the tax code to a more competitive system of international taxation.</p>

action_date: 2017-10-05
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)</p> <p>Establishes the congressional budget for the federal government for FY2018 and sets forth budgetary levels for FY2019-FY2027. </p> <p>TITLE I--RECOMMENDED LEVELS AND AMOUNTS </p> <p>(Sec. 101) Recommends levels and amounts for FY2018-FY2027 for: </p> <ul> <li> Federal Revenues, </li> <li>New Budget Authority, </li> <li> Budget Outlays, </li> <li> Deficits (On-Budget), </li> <li> Debt Subject to Limit, and </li> <li> Debt Held by the Public. </li> </ul> <p>(Sec. 102) Recommends levels of new budget authority and outlays for FY2018-FY2027 for each major functional category, including: </p> <ul> <li> National Defense; </li> <li> International Affairs; </li> <li> General Science, Space, and Technology; </li> <li> Energy; </li> <li> Natural Resources and Environment; </li> <li> Agriculture; </li> <li> Commerce and Housing Credit; </li> <li> Transportation; </li> <li> Community and Regional Development; </li> <li> Education, Training, Employment, and Social Services; </li> <li> Health; </li> <li> Medicare; </li> <li> Income Security; </li> <li> Social Security; </li> <li> Veterans Benefits and Services; </li> <li> Administration of Justice; </li> <li> General Government; </li> <li> Net Interest; </li> <li> Allowances; </li> <li>Government-wide Savings and Adjustments; </li> <li> Undistributed Offsetting Receipts; </li> <li> Overseas Contingency Operations/ Global War on Terrorism; and </li> <li> an Across-the-Board Adjustment. </li> </ul> <p>TITLE II--RECONCILIATION AND RELATED MATTERS </p> <p>(Sec. 201) Includes reconciliation instructions directing 11 House authorizing committees to submit to the House Budget Committee no later than October 6, 2017, legislation to reduce the deficit by specified amounts over FY2018-FY2027. (Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) </p> <p>TITLE III--BUDGET ENFORCEMENT IN THE HOUSE OF REPRESENTATIVES </p> <p>Subtitle A--Budget Enforcement </p> <p>(Sec. 301) Requires the Congressional Budget Office (CBO) to estimate whether legislation (other than appropriations measures) would cause a net increase in direct spending in excess of $2.5 billion over any of the 4 consecutive 10-year periods beginning in FY2027. Establishes a point of order against legislation (other than appropriations measures) with a net effect of increasing direct spending by more than $2.5 billion in any of the 4 consecutive 10-year periods. Specifies that this provision has no force or effect after September 30, 2018. </p> <p>(Sec. 302) Provides the House Appropriations Committee with a separate allocation for Overseas Contingency Operations/Global War on Terrorism and specifies procedures for enforcing and adjusting the allocation. </p> <p>(Sec. 303) Establishes a point of order restricting the inclusion of certain changes in mandatory programs (CHIMPs) in appropriations legislation for FY2018-FY2020. Limits CHIMPs that reduce budget authority in the budget year but do not decrease outlays over the period of the total of the current year, budget year, and all fiscal years covered under the most recently agreed to budget resolution. Limit the CHIMPS to: $19.1 billion for FY2018, $17 billion for FY2019, and $15 billion for FY2020. </p> <p>(Sec. 304) Prohibits advance appropriations unless: (1) the appropriation is provided for an account listed as an exception in the report accompanying this resolution, and (2) total advance appropriations do not exceed specified limits. (Under this resolution, an advance appropriation is any new discretionary budget authority provided in appropriations legislation for the fiscal year following FY2018.) </p> <p>(Sec. 305) Permits the chair of the House Budget Committee to direct the CBO to include changes in debt service costs in estimates of legislation except for authorizations of discretionary programs or appropriation measures. </p> <p>Specifies that: (1) this section applies to changes in the authorization level of appropriated entitlements, and (2) the estimates are advisory and may not be used for budget enforcement. </p> <p>(Sec. 306) Requires the CBO, upon request of the chairman of the House Budget Committee, to include supplemental fair-value estimates in estimates for legislation establishing or modifying a loan or loan guarantee program. </p> <p>Requires the CBO to provide a supplemental fair-value estimate for legislation establishing or modifying a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). </p> <p>Requires the CBO to include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and other major loan and loan guarantee programs in its &quot;Budget and Economic Outlook: 2018 to 2027.&quot; </p> <p>Permits the chairman of the House Budget Committee to use the fair-value estimates provided pursuant to this section for budget enforcement purposes. </p> <p>(A fair-value estimate is an alternative to federal credit program estimates required by the Federal Credit Reform Act of 1990 [FCRA]. Under FCRA, cash flows are discounted using Treasury interest rates for estimating subsidy costs. The fair-value method incorporates market risk by using market rates.) </p> <p>(Sec. 307) Requires the CBO and the Joint Committee on Taxation to incorporate macroeconomic effects in estimates of specified legislation (commonly referred to as dynamic scoring). </p> <p>(Sec. 308) Authorizes the chairman of the House Budget Committee to adjust committee allocations and levels in this resolution if legislation decreases direct spending in any fiscal year and authorizes appropriations for the same purpose. </p> <p>(Sec. 309) Directs the CBO to estimate legislation that affects the use of energy savings performance contracts or utility energy service contracts on a net present value basis (in today's dollars) using calculations that meet specified requirements. Specifies that the contracts are to be scored as direct spending and that savings resulting from the contracts may be not be used as an offset for budget enforcement purposes. </p> <p>(Under an energy savings performance contract, a private party agrees to fund energy-efficient upgrades for a federal facility, and the federal agency agrees to pay the private party from reductions in the agency's energy costs. Under a utility energy service contract, the services and equipment are provided by a utility.) </p> <p>(Sec. 310) Requires transfers of funds from the general fund of the Treasury to the Highway Trust Fund to be counted as new budget authority and outlays in the year the transfer occurs. </p> <p>(Sec. 311) Prohibits transfers of surpluses of the Federal Reserve System from being counted as offsets for budget enforcement purposes. (This section prevents the transfers from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.) </p> <p>(Sec. 312) Prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used for budget enforcement purposes. (Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This section prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.) </p> <p>Subtitle B--Other Provisions </p> <p>(Sec. 321) Specifies that the administrative expenses of the Social Security Administration and the U.S. Postal Service are reflected in the allocation to the House Appropriations Committee to ensure that the committee retains control over the expenses through the annual appropriations process. </p> <p>Requires the administrative expenses to be included in the cost estimates used to determine if an appropriations bill exceeds the spending limits in this resolution. </p> <p>(Sec. 322) Sets forth procedures for the adjustment of allocations, aggregates, and other budgetary levels included in this resolution. </p> <p>Permits the chairman of the House Budget Committee to adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. </p> <p>(Sec. 323) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, and other levels in this resolution for any change in budgetary concepts and definitions pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985. </p> <p>(Sec. 324) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, reconciliation targets, and other levels in this resolution for any changes that the CBO makes to its baseline for FY2018-FY2027. </p> <p>(Sec. 325) Waives the point of order that would otherwise apply to appropriations legislation that exceeds the statutory limits on discretionary spending if the legislation would not cause this resolution's 302(a) allocation for the appropriations committee to be exceeded. </p> <p>(Sec. 326) Affirms that the adoption of this budget resolution is an exercise of the House's rulemaking power and that the House has the constitutional right to change these rules. </p> <p>TITLE IV--RESERVE FUNDS IN THE HOUSE OF REPRESENTATIVES </p> <p>Establishes reserve funds that permit the chairman of the House Budget Committee to adjust the levels and allocations included in the budget resolution to accommodate health, tax, and transportation legislation that meets specified conditions. </p> <p>(Reserve funds provide the House Budget Committee Chairman with flexibility in applying budget enforcement rules to legislation that meets specified criteria.) </p> <p>(Sec. 401) Establishes a reserve fund for legislation that commercializes the operations of the air traffic control system and reduces discretionary spending limits by the amount that would otherwise be appropriated to the Federal Aviation Administration for air traffic control. </p> <p>(Sec. 402) Establishes a reserve fund for legislation that invests in national infrastructure and is deficit neutral over the period of FY2018-FY2027. </p> <p>(Sec. 403) Establishes a reserve fund for legislation that provides for comprehensive tax reform and would not increase the deficit over the period of FY2018-FY2027. </p> <p>(Sec. 404) Establishes a reserve fund for legislation that extends the State Children's Health Insurance Program (CHIP) allotments and would not increase the deficit over the period of FY2018-FY2027. </p> <p>(Sec. 405) Establishes a reserve fund for legislation that repeals or replaces the Patient Protection and Affordable Care Act and the health care-related provisions of the Health Care and Education Reconciliation Act of 2010. </p> <p>TITLE V--POLICY STATEMENTS IN THE HOUSE OF REPRESENTATIVES </p> <p>(Sec. 501) States the policy of this resolution that Congress should propose a balanced budget constitutional amendment for ratification by the states. </p> <p>(Sec. 502) States the policy of this resolution that Congress should enact legislation that reforms the congressional budget process. </p> <p>(Sec. 503) States that the policies of resolution regarding federal regulatory budgeting and reform.</p> <p>(Sec. 504) States the policies of this resolution regarding unauthorized appropriations.</p> <p>(Sec. 505) States the policy of this resolution that the House should reform government-wide budget and accounting practices so Members of Congress and the public can better understand the fiscal condition of the United States and the best options to improve it. </p> <p>(Sec. 506) States the policy of this resolution that legislation should be enacted that establishes a Commission on Budget Concepts to review and revise budget concepts and make recommendations to create a more transparent federal budget process. </p> <p>(Sec. 507) States the policy of this resolution that the House should enforce this resolution by: </p> <ul> <li> adopting the budget resolution before considering tax or spending legislation, </li> <li> assessing measures for compliance with budget rules, </li> <li> passing legislation to strengthen enforcement of the budget resolution, </li> <li> complying with discretionary spending limits, </li> <li> preventing the use of accounting gimmicks to offset higher spending, </li> <li> modifying scoring rules to encourage the commercialization of government activities that can best be provided by the private sector, and </li> <li> discouraging the use of savings identified in the budget resolution as offsets for spending or tax legislation. </li> </ul> <p>(Sec. 508) States the policy of this resolution that an independent commission should be established to: (1) find tangible solutions to reduce total improper payments by 50% within the next 5 years, and (2) develop a more-stringent system of agency oversight to achieve this goal. </p> <p>(Sec. 509) States the policy of this resolution that: (1) the House should reassert its constitutional prerogative to control federal spending and exercise rigorous oversight over federal agencies, (2) Congress should subject all fees paid by the public to federal agencies to annual appropriations or authorizing legislation. and (3) a share of these proceeds should be reserved for taxpayers in the form of deficit reduction.</p> <p>(Sec. 510) States the policies of this resolution regarding health care reform and regulations. </p> <p>(Sec. 511) States the policy of this resolution to save Medicare for those in or near retirement and strengthen the program's solvency for future beneficiaries. Sets forth the assumptions of this resolution regarding Medicare reform. </p> <p>(Sec. 512) States the policy of this resolution on combating opioid abuse. </p> <p>(Sec. 513) States the policy of this resolution regarding the reauthorization of the State Children's Health Insurance Program. </p> <p>(Sec. 514) States the policy of this resolution on funding and regulations regarding medical innovation.</p> <p>(Sec. 515) States the policy of this resolution regarding public health preparedness, including the funding of activities to develop and stockpile medical countermeasures to infectious diseases and chemical, biological, radiological, and nuclear agents. </p> <p>(Sec. 516) States the policies of this resolution regarding Social Security, including the Disability Insurance program and Social Security solvency. </p> <p>(Sec. 517) States the policy of this resolution regarding Medicaid work requirements. </p> <p>(Sec. 518) States the policies of this resolution regarding Welfare reform and Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps) work requirements.</p> <p>(Sec. 519) States the policies of this resolution regarding state flexibility with respect to SNAP. </p> <p>(Sec. 520) States the policies of this resolution regarding: (1) promoting college affordability, access, and success; and (2) workforce development. </p> <p>(Sec. 521) States the policy of this resolution that Congress, in coordination with the Administration, should develop both a long-term funding mechanism that would allow supplemental wildfire suppression funding and reforms on reducing hazardous fuel loads on federal forests and lands that could decrease wildfires. </p> <p>(Sec. 522) States the policy of this resolution that the House should require the Veterans Administration to conduct an audit of its programs named on Government Accountability Office' 's &quot;high-risk&quot; list and report its findings to specified congressional committees. </p> <p>(Sec. 523) States the policy of this resolution that all receipts and disbursements of the U.S. Postal Service should be included in the congressional budget and the budget of the federal government. </p> <p>(Sec. 524) States the policy of this resolution regarding payments from the Judgment Fund. </p> <p>(Sec. 525) States the policy of this resolution to identify savings that can be achieved through greater productivity and efficiency gains in the operation and maintenance of the House of Representatives. </p> <p>(Sec. 526) States the policy of this resolution that the House should consider comprehensive tax reform legislation that simplifies the tax code, reduces individual rates and the number of brackets, repeals the Alternative Minimum Tax, reduces the corporate tax rate, and transitions the tax code to a more competitive system of international taxation.</p>

action_date: 2017-10-19
action_desc: Passed Senate amended
text: <p><b>Highlights: </b></p> <p>This concurrent resolution establishes the FY2018 congressional budget resolution, which provides a framework for congressional consideration of legislation addressing revenues, spending, and other budget-related issues. The budget resolution is a nonbinding framework used by Congress and cannot be signed into law or vetoed by the President. </p> <p>The resolution establishes budget enforcement procedures by setting forth rules for applying budget points of order to various legislative proposals. </p> <p>It also includes reconciliation instructions directing various congressional committees to report legislation that meets specified requirements regarding the effect on the deficit. Reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate. </p> <p>The resolution also includes reserve funds that provide the chairmen of the congressional budget committees with flexibility in applying budget enforcement rules to legislation that meets specified criteria. </p> <p><b>Full Summary: </b></p> <p>Establishes the congressional budget for the federal government for FY2018 and sets forth budgetary levels for FY2019-FY2027. </p> <p>TITLE I--RECOMMENDED LEVELS AND AMOUNTS </p> <p>Subtitle A--Budgetary Levels in Both Houses </p> <p>(Sec. 1101) Recommends levels and amounts for FY2018-FY2027 for: </p> <ul> <li> federal revenues, </li> <li> new budget authority, </li> <li> budget outlays, </li> <li> deficits, </li> <li> public debt, and </li> <li> debt held by the public. </li> </ul> <p>(Sec. 1102) Recommends levels of new budget authority and outlays for FY2018-FY2027 for each major functional category, including: </p> <ul> <li> National Defense; </li> <li> International Affairs; </li> <li> General Science, Space, and Technology; </li> <li> Energy; </li> <li> Natural Resources and Environment; </li> <li> Agriculture; </li> <li> Commerce and Housing Credit; </li> <li> Transportation; </li> <li> Community and Regional Development; </li> <li>Education, Training, Employment, and Social Services; </li> <li> Health; </li> <li> Medicare; </li> <li> Income Security; </li> <li> Social Security; </li> <li> Veterans Benefits and Services; </li> <li> Administration of Justice; </li> <li> General Government; </li> <li> Net Interest; </li> <li> Allowances; </li> <li> Undistributed Offsetting Receipts; and </li> <li> Overseas Contingency Operations. </li> </ul> <p>Subtitle B--Levels and Amounts in the Senate </p> <p>(Sec. 1201) Recommends Senate levels for FY2018-FY2027 for Social Security revenues, outlays, and administrative expenses. </p> <p>(Sec. 1202) Recommends Senate levels of new budget authority and outlays for FY2018-FY2027 for U.S. Postal Service discretionary administrative expenses. </p> <p>TITLE II--RECONCILIATION </p> <p>(Title II includes reconciliation instructions directing congressional committees to submit legislation to the budget committees. Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) </p> <p>(Sec. 2001) Includes reconciliation instructions directing: (1) the Senate Finance Committee to report changes in laws within its jurisdiction that increase the deficit by no more than $1.5 trillion over FY2018-FY2027, and (2) the Senate Energy and Natural Resources Committee to report changes in laws within its jurisdiction that reduce the deficit by at least $1 billion over FY2018-FY2027. </p> <p>Requires the committees to submit the recommendations to the Senate Budget Committee by November 13, 2017. </p> <p>(Sec. 2002) Includes reconciliation instructions directing: (1) the House Ways and Means Committee to submit changes in laws within its jurisdiction that increase the deficit by no more than $1.5 trillion over FY2018-FY2027, and (2) the House Natural Resources Committee to submit changes in laws within its jurisdiction that reduce the deficit by at least $1 billion over FY2018-FY2027. </p> <p>Requires the committees to submit the recommendations to the House Budget Committee by November 13, 2017. </p> <p>(Section 5113 of this resolution modifies the reconciliation instructions for the House committees and specifies that section 2002 shall have no force and effect.)</p> <p>TITLE III--RESERVE FUNDS </p> <p>Establishes reserve funds that provide the Senate Budget Committee Chairman with flexibility in applying budget enforcement rules to legislation that meets specified criteria. </p> <p>(Under the reserve funds, the chairman may revise committee allocations, aggregates and other appropriate levels in this resolution, and the Pay-As-You-Go [PAYGO] ledger. Deficit-neutral reserve funds generally apply to legislation that: (1) addresses specified policy issues, and (2) does not increase the deficit over a specified time period or periods. The resolution also includes two reserve funds that do not include a requirement regarding the effect on the deficit.) </p> <p>(Sec. 3001) Establishes a deficit-neutral reserve fund for legislation relating to repealing or replacing the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. </p> <p>(Sec. 3002) Establishes a revenue-neutral reserve fund for legislation that: (1) reforms the Internal Revenue Code, (2) is revenue neutral, and (3) would not increase the deficit over the FY2018-FY2017 period. </p> <p>(Sec. 3003) Establishes a reserve fund for legislation considered pursuant to the reconciliation instructions included in section 2001 of this resolution. </p> <p>Specifies that legislation for which the chairman has exercised authority pursuant to this section is exempt from the point of order against legislation increasing the short-term deficit. (The point of order prohibits the Senate from considering legislation that would cause a net increase in the deficit in excess of $10 billion in any fiscal year provided for in the most recently adopted budget resolution unless it is fully offset over the period of all fiscal years provided for in the most recently adopted budget resolution.)</p> <p>(Sec. 3004) Establishes a deficit-neutral reserve fund for legislation relating to an extension of the State Children's Health Insurance Program (CHIP). </p> <p>(Sec. 3005) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> addressing the opioid and substance abuse crisis; </li> <li> protecting and assisting victims of domestic abuse; </li> <li> foster care, child care, marriage, and fatherhood programs; </li> <li> making it easier to save for retirement; </li> <li> reforming the public housing system; </li> <li> the Community Development Block Grant Program; or </li> <li> extending expiring health care provisions. </li> </ul> <p>(Sec. 3006) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li>amending the Higher Education Act of 1965; </li> <li> ensuring state flexibility in education; </li> <li> enhancing outcomes with federal workforce development, job training, and reemployment programs; </li> <li> the consolidation and streamlining of overlapping early learning and child care programs; </li> <li> educational programs for individuals with disabilities; or </li> <li> child nutrition programs.</li> </ul> <p> (Sec. 3007) Establishes a deficit-neutral reserve fund for legislation relating to the American banking system. </p> <p>(Sec. 3008) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> the farm bill; </li> <li> American energy policies; </li> <li> the Nuclear Regulatory Commission; </li> <li> North American energy development; </li> <li> infrastructure, transportation, and water development; </li> <li> the Federal Aviation Administration; </li> <li> the National Flood Insurance Program; </li> <li> state mineral royalty revenues; or </li> <li>soda ash royalties.</li> </ul> <p>(Sec. 3009) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> improving military readiness, including deferred Facilities Sustainment Restoration and Modernization;</li> <li>military technological superiority; </li> <li> structural defense reforms; or </li> <li>strengthening cybersecurity efforts.</li> </ul> <p> (Sec. 3010) Establishes a deficit-neutral reserve fund for legislation relating to improving the delivery of benefits and services to veterans and service members. </p> <p>(Sec. 3011) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> the Endangered Species Act of 1973, </li> <li> forest health and wildfire prevention and control,</li> <li> resources for wildland firefighting for the Forest Service and the Department of the Interior; </li> <li> the Payments in Lieu of Taxes Program (PILT), or </li> <li> the Secure Rural Schools and Community Self-Determination program.</li> </ul> <p>(Sec. 3012) Establishes a deficit-neutral reserve fund for legislation relating to: securing the U.S. border, ending human trafficking, or stopping the transportation of narcotics into the United States. </p> <p>(Sec. 3013) Establishes a deficit-neutral reserve fund for legislation relating to: reducing costs to businesses and individuals stemming from federal regulations, increasing commerce and economic growth, or enhancing job creation. </p> <p>(Sec. 3014) Establishes a deficit-neutral reserve fund for legislation relating to modifying statutory budget controls. </p> <p>(Sec. 3015) Establishes a deficit-neutral reserve fund for legislation relating to the prevention of taxpayer bailouts of pension plans. </p> <p>(Sec. 3016) Establishes a deficit-neutral reserve fund for legislation relating to implementing work requirements in all means-tested federal welfare programs. </p> <p>(Sec. 3017) Establishes a deficit-neutral reserve fund for legislation relating to protecting the Medicare program, which may include repealing the Independent Payment Advisory Board. </p> <p>(Sec. 3018) Establishes a deficit-neutral reserve fund for legislation relating to making the cost of child and dependent care more affordable and useful for American families. </p> <p>(Sec. 3019) Establishes a deficit-neutral reserve fund for legislation relating to worker training programs. </p> <p>(Sec. 3020) Establishes a reserve fund for legislation relating to providing disaster funds for relief and recovery to areas devastated by hurricanes and flooding in 2017. </p> <p>(Sec. 3021) Establishes a deficit-neutral reserve fund for legislation relating to protecting the Medicaid program and extending the life of the Medicare Federal Hospital Insurance Trust Fund. </p> <p>(Sec. 3022) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include lowering taxes on families with children.</p> <p>(Sec. 3023) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include the provision of tax relief for small businesses, along with provisions to prevent upper-income taxpayers from sheltering income from taxation at the appropriate rate.</p> <p>(Sec. 3024) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include reducing federal deductions such as the state and local tax deduction to ensure relief for middle-income taxpayers.</p> <p>(Sec. 3025) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include provisions to make the American tax system simpler and fairer for all Americans.</p> <p>(Sec. 3026) Establishes a deficit-neutral reserve fund for legislation relating to increasing per-child federal tax relief, which may include amending the child tax credit.</p> <p>(Sec. 3027) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include international tax provisions that provide or enhance incentives for businesses to invest in America, generate American jobs, retain American jobs, and return jobs to America.</p> <p>(Sec. 3028) Establishes a deficit-neutral reserve fund for legislation relating to eliminating tax breaks for companies that outsource jobs to foreign countries.</p> <p>(Sec. 3029) Establishes a deficit-neutral reserve fund for legislation relating to providing full, permanent, and mandatory funding for the Payment in Lieu of Taxes (PILT) program.</p> <p>(Sec. 3030) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include tax reform proposals to ensure that the reformed tax code parallels the existing tax code with respect to relative burdens and does not shift the tax burden from high-income to lower- and middle-income taxpayers.</p> <p>(Sec. 3031) Establishes a deficit-neutral reserve fund for legislation relating to significantly improving the budget process. </p> <p>TITLE IV--BUDGET PROCESS </p> <p>Subtitle A--Budget Enforcement </p> <p>(Sec. 4101) Updates the existing point of order against advanced appropriations to conform to the new budget window. (Under this section, an advanced appropriation is any new budget authority provided in appropriations legislation for FY2018 that first becomes available after FY2018, or any new budget authority provided in appropriations legislation for FY2019 that first becomes available after FY2019. The point of order limits advanced appropriations to specified accounts and prohibits total advanced appropriations from exceeding $28.852 billion in new budget authority in each year). </p> <p>(Sec. 4102) Extends the point of order restricting the inclusion of certain changes in mandatory programs (CHIMPS) to appropriations legislation for FY2018-FY2020. Limits CHIMPS that reduce budget authority in the budget year but do not decrease outlays over the period of the total of the current year, budget year, and all fiscal years covered under the most recently adopted budget resolution. Limit CHIMPS to: $17 billion for FY2018, $15 billion for FY2019, and $15 billion for FY2020. </p> <p>(Sec. 4103) Establishes a point of order against appropriations legislation that includes CHIMPS that would cause the absolute value of the total budget authority of all CHIMPs affecting the Crime Victims Fund for FY2018 to exceed $11.224 billion. </p> <p>(Sec. 4104) Establishes a point of order against a provision designating FY2018 funds as for Overseas Contingency Operations (OCO). </p> <p>(Sec. 4105) Establishes a point of order against amendments to reconciliation bills considered pursuant to section 2001 if the chairman of the Senate Budget Committee is unable to determine the effect that the amendment or motion would have on budget authority, outlays, direct spending, entitlement authority, revenues, deficits, or surpluses. </p> <p>(Sec. 4106) Repeals the existing Senate Pay-As-You-Go (PAYGO) point of order that prohibits the consideration of legislation that would cause or increase an on-budget deficit over specified six- and eleven-year time periods. </p> <p>Replaces the point of order with a new PAYGO point of order that continues the six-year and eleven-year time periods and adds two additional time periods during which the legislation may not cause or increase an on-budget deficit: (1) the current year, and (2) the budget year. </p> <p>(Sec. 4107) Directs the Congressional Budget Office (CBO) and the Joint Committee on Taxation to provide estimates of the macroeconomic effects of major legislation. (These estimates are frequently referred to as dynamic scoring and include estimates of the budgetary effects from changes in economic output, employment, capital stock, interest rates, and other macroeconomic variables resulting from the legislation.)</p> <p>Requires the estimates, to the extent practicable, to include the distributional effects across income categories resulting from major legislation. </p> <p>(Sec. 4108) Permits the chairman of the Senate Budget Committee to adjust committee allocations, budgetary aggregates, allocations, and levels included in this resolution if, during the 115th Congress, a measure becomes law that amends the discretionary spending limits established under the Balanced Budget and Emergency Deficit Control Act of 1985.</p> <p>(Sec. 4109) Permits the chairman of the Senate Budget Committee to adjust: (1) discretionary spending limits established under the Balanced Budget and Emergency Deficit Control Act of 1985; and (2) committee allocations, budgetary aggregates, allocations, and levels included in this resolution for legislation during the 115th Congress that provides wildfire suppression funding. </p> <p>(Sec. 4110) Permits the chairman of the Senate Budget Committee to adjust committee allocations, aggregates and other levels in this resolution, and the PAYGO ledger if legislation decreases direct spending for any fiscal year and authorizes appropriations for the same purpose. </p> <p>(Sec. 4111) Repeals points of order: (1) against voting on passage of legislation unless the CBO cost estimate was available on CBO's website at least 28 hours before the vote, and (2) protecting savings in reconciliation legislation from amendments that increase the deficit. </p> <p>(Sec. 4112) Makes technical corrections to provisions regarding the designation of emergency spending. </p> <p>(Sec. 4113) Permits the chairman of the Senate Budget Committee to file in the Congressional Record committee allocations enforcing this resolution if the resolution passes both the House and Senate in identical form, a conference committee is not convened, and a joint explanatory statement is not produced. </p> <p>Subtitle B--Other Provisions </p> <p>(Sec. 4201) Directs Senate committees to review programs and tax expenditures within their jurisdiction to identify waste, fraud, abuse, or duplication and increase the use of performance data to inform committee work. </p> <p>(Sec. 4202) Requires the joint explanatory statement accompanying the conference report on the budget resolution to include amounts for the discretionary administrative expenses of the Social Security Administration and the U.S. Postal Service in the allocations to the appropriations committees. Specifies that, in the Senate, the amounts must be included in estimates of the total new budget authority and total outlays provided by a measure that are used to enforce committee allocations. </p> <p>(Sec. 4203) Sets forth procedures for adjustments of the allocations and aggregates included in the budget resolution. </p> <p>(Sec. 4204) Permits the chairman of the Senate Budget Committee to adjust levels and allocations in this budget resolution to reflect changes in concepts and definitions. </p> <p>(Sec. 4205) Permits the chairman of the Senate Budget Committee to make adjustments to the levels and allocations included in this resolution to reflect legislation that was enacted before this resolution was agreed to by Congress and was not incorporated in the June 2017 update to CBO's baseline. </p> <p>(Sec. 4206) Declares that the provisions in this title are promulgated under the Senate's rulemaking power and will be considered part of the rules of the Senate. </p> <p>TITLE V--BUDGET PROCESS IN THE HOUSE OF REPRESENTATIVES</p> <p>Subtitle A--Budget Enforcement</p> <p>(Sec. 5101) Requires the CBO to estimate whether legislation (other than appropriations measures) would cause a net increase in direct spending in excess of $2.5 billion over any of the 4 consecutive 10-year periods beginning in FY2027. Establishes a point of order against legislation (other than appropriations measures) with a net effect of increasing direct spending by more than $2.5 billion in any of the 4 consecutive 10-year periods. Specifies that this provision has no force or effect after September 30, 2018.</p> <p>(Sec. 5102) Provides the House Appropriations Committee with a separate allocation for Overseas Contingency Operations/Global War on Terrorism and specifies procedures for enforcing and adjusting the allocation.</p> <p>(Sec. 5103) Establishes a point of order restricting the inclusion of certain changes in mandatory programs (CHIMPS) in appropriations legislation for FY2018-FY2020. Limits CHIMPS that reduce budget authority in the budget year but do not decrease outlays over the period of the total of the current year, budget year, and all fiscal years covered under the most recently agreed to budget resolution. Limit the CHIMPS to: $19.1 billion for FY2018, $17 billion for FY2019, and $15 billion for FY2020.</p> <p>(Sec. 5104) Prohibits advance appropriations unless: (1) the appropriation is provided for an account listed as an exception in the report accompanying this resolution, and (2) total advance appropriations do not exceed specified limits. (Under this section, an advance appropriation is any new discretionary budget authority provided in appropriations legislation for the fiscal year following FY2018.)</p> <p>(Sec. 5105) Permits the chair of the House Budget Committee to direct the CBO to include changes in debt service costs in estimates of legislation except for authorizations of discretionary programs or appropriation measures. </p> <p>Specifies that: (1) this section applies to changes in the authorization level of appropriated entitlements, and (2) the estimates are advisory and may not be used for budget enforcement.</p> <p>(Sec. 5106) Requires the CBO, upon request of the chairman of the House Budget Committee, to include supplemental fair-value estimates in estimates for legislation establishing or modifying a loan or loan guarantee program. </p> <p>Requires the CBO to provide a supplemental fair-value estimate for legislation establishing or modifying a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). </p> <p>Requires the CBO to include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and other major loan and loan guarantee programs in its &quot;Budget and Economic Outlook: 2018 to 2027.&quot; </p> <p>Permits the chairman of the House Budget Committee to use the fair-value estimates provided pursuant to this section for budget enforcement purposes. </p> <p>(A fair-value estimate is an alternative to federal credit program estimates required by the Federal Credit Reform Act of 1990 [FCRA]. Under FCRA, cash flows are discounted using Treasury interest rates for estimating subsidy costs. The fair-value method incorporates market risk by using market rates.)</p> <p>(Sec. 5107) Requires the CBO and the Joint Committee on Taxation to incorporate macroeconomic effects in estimates of specified legislation (commonly referred to as dynamic scoring).</p> <p>(Sec. 5108) Authorizes the chairman of the House Budget Committee to adjust committee allocations and levels in this resolution if legislation decreases direct spending in any fiscal year and authorizes appropriations for the same purpose.</p> <p>(Sec. 5109) Directs the CBO to estimate legislation that affects the use of energy savings performance contracts or utility energy service contracts on a net present value basis (in today's dollars) using calculations that meet specified requirements. Specifies that the contracts are to be scored as direct spending and that savings resulting from the contracts may be not be used as an offset for budget enforcement purposes. </p> <p>(Under an energy savings performance contract, a private party agrees to fund energy-efficient upgrades for a federal facility, and the federal agency agrees to pay the private party from reductions in the agency's energy costs. Under a utility energy service contract, the services and equipment are provided by a utility.)</p> <p>(Sec. 5110) Requires transfers of funds from the general fund of the Treasury to the Highway Trust Fund to be counted as new budget authority and outlays in the year the transfer occurs.</p> <p>(Sec. 5111) Prohibits transfers of surpluses of the Federal Reserve System from being counted as offsets for budget enforcement purposes. (This section prevents the transfers from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)</p> <p>(Sec. 5112) Prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used for budget enforcement purposes. (Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This section prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)</p> <p>(Sec. 5113) Modifies the reconciliation instructions included in this resolution for House committees to: (1) specify that section 2002 of this resolution shall have no force and effect, and (2) direct the House Ways and Means Committee to report to the House of Representatives by November 13, 2017, changes in laws within its jurisdiction that increase the deficit by no more than $1.5 trillion over FY2018-FY2027. </p> <p>Subtitle B--Other Provisions </p> <p>(Sec. 5201) Specifies that the administrative expenses of the Social Security Administration and the U.S. Postal Service are reflected in the allocation to the House Appropriations Committee to ensure that the committee retains control over the expenses through the annual appropriations process.</p> <p>Specifies that, in the House, the amounts must be included in estimates of the total new budget authority and total outlays provided by a measure that are used to enforce committee allocations.</p> <p>(Sec. 5202) Sets forth procedures for the adjustment of allocations, aggregates, and other budgetary levels included in this resolution. </p> <p>Permits the chairman of the House Budget Committee to adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation.</p> <p>(Sec. 5203) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, and other levels in this resolution for any change in budgetary concepts and definitions pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985.</p> <p>(Sec. 5204) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, reconciliation targets, and other levels in this resolution for any changes that the CBO makes to its baseline for FY2018-FY2027.</p> <p>(Sec. 5205) Waives the point of order that would otherwise apply to appropriations legislation that exceeds the statutory limits on discretionary spending if the legislation would not cause this resolution's 302(a) allocation for the appropriations committee to be exceeded.</p> <p>(Sec. 5206) Permits the allocations and lists included in this resolution to be enforced in the House if this resolution is adopted in the House without the appointment of a conference committee. </p> <p>Requires the chairman of the House Budget Committee to submit for a publication in the Congressional Record a statement specifying: (1) committee allocations; and (2) programs, projects, and activities identified as advance appropriations for the purpose of enforcing section 5104 of this resolution.</p> <p>(Sec. 5207) Affirms that the adoption of this title and section 2002 of this budget resolution is an exercise of the House's rulemaking power and that the House has the constitutional right to change these rules.</p> <p>Subtitle C--Adjustment Authority</p> <p>(Sec. 5301) Permits the chairman of the House Budget Committee to adjust the committee allocations, aggregates, allocations, levels, and limits contained this resolution if, during the 115th Congress, a measure becomes law that amends the discretionary spending limits established under the Balanced Budget and Emergency Deficit Control Act of 1985 to increase the limit for the revised security category for FY2018 to $640 billion.</p> <p>Subtitle D--Reserve Funds</p> <p>Establishes reserve funds that permit the chairman of the House Budget Committee to adjust the levels and allocations included in the budget resolution to accommodate health, tax, and transportation legislation that meets specified conditions. <p>(Reserve funds provide the House Budget Committee Chairman with flexibility in applying budget enforcement rules to legislation that meets specified criteria.) <p>(Sec. 5401) Establishes a reserve fund for legislation that invests in national infrastructure and is deficit-neutral over the period of FY2018-FY2027.</p> <p>(Sec. 5402) Establishes a reserve fund for legislation that provides for comprehensive tax reform and would not increase the deficit over the period of FY2018-FY2027.</p> <p>(Sec. 5403) Establishes a reserve fund for legislation that extends the State Children's Health Insurance Program (CHIP) allotments and would not increase the deficit over the period of FY2018-FY2027.</p> <p>(Sec. 5404) Establishes a reserve fund for legislation that repeals or replaces the Patient Protection and Affordable Care Act and the health care-related provisions of the Health Care and Education Reconciliation Act of 2010.</p>

action_date: 2017-10-26
action_desc: House agreed to Senate amendment without amendment
text: <p>(This measure has not been amended since it was passed by the Senate on October 19, 2017. The summary of that version is repeated here.)</p> <p><b>Highlights: </b></p> <p>This concurrent resolution establishes the FY2018 congressional budget resolution, which provides a framework for congressional consideration of legislation addressing revenues, spending, and other budget-related issues. The budget resolution is a nonbinding framework used by Congress and cannot be signed into law or vetoed by the President. </p> <p>The resolution establishes budget enforcement procedures by setting forth rules for applying budget points of order to various legislative proposals. </p> <p>It also includes reconciliation instructions directing various congressional committees to report legislation that meets specified requirements regarding the effect on the deficit. Reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate. </p> <p>The resolution also includes reserve funds that provide the chairmen of the congressional budget committees with flexibility in applying budget enforcement rules to legislation that meets specified criteria. </p> <p><b>Full Summary: </b></p> <p>Establishes the congressional budget for the federal government for FY2018 and sets forth budgetary levels for FY2019-FY2027. </p> <p>TITLE I--RECOMMENDED LEVELS AND AMOUNTS </p> <p>Subtitle A--Budgetary Levels in Both Houses </p> <p>(Sec. 1101) Recommends levels and amounts for FY2018-FY2027 for: </p> <ul> <li> federal revenues, </li> <li> new budget authority, </li> <li> budget outlays, </li> <li> deficits, </li> <li> public debt, and </li> <li> debt held by the public. </li> </ul> <p>(Sec. 1102) Recommends levels of new budget authority and outlays for FY2018-FY2027 for each major functional category, including: </p> <ul> <li> National Defense; </li> <li> International Affairs; </li> <li> General Science, Space, and Technology; </li> <li> Energy; </li> <li> Natural Resources and Environment; </li> <li> Agriculture; </li> <li> Commerce and Housing Credit; </li> <li> Transportation; </li> <li> Community and Regional Development; </li> <li>Education, Training, Employment, and Social Services; </li> <li> Health; </li> <li> Medicare; </li> <li> Income Security; </li> <li> Social Security; </li> <li> Veterans Benefits and Services; </li> <li> Administration of Justice; </li> <li> General Government; </li> <li> Net Interest; </li> <li> Allowances; </li> <li> Undistributed Offsetting Receipts; and </li> <li> Overseas Contingency Operations. </li> </ul> <p>Subtitle B--Levels and Amounts in the Senate </p> <p>(Sec. 1201) Recommends Senate levels for FY2018-FY2027 for Social Security revenues, outlays, and administrative expenses. </p> <p>(Sec. 1202) Recommends Senate levels of new budget authority and outlays for FY2018-FY2027 for U.S. Postal Service discretionary administrative expenses. </p> <p>TITLE II--RECONCILIATION </p> <p>(Title II includes reconciliation instructions directing congressional committees to submit legislation to the budget committees. Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) </p> <p>(Sec. 2001) Includes reconciliation instructions directing: (1) the Senate Finance Committee to report changes in laws within its jurisdiction that increase the deficit by no more than $1.5 trillion over FY2018-FY2027, and (2) the Senate Energy and Natural Resources Committee to report changes in laws within its jurisdiction that reduce the deficit by at least $1 billion over FY2018-FY2027. </p> <p>Requires the committees to submit the recommendations to the Senate Budget Committee by November 13, 2017. </p> <p>(Sec. 2002) Includes reconciliation instructions directing: (1) the House Ways and Means Committee to submit changes in laws within its jurisdiction that increase the deficit by no more than $1.5 trillion over FY2018-FY2027, and (2) the House Natural Resources Committee to submit changes in laws within its jurisdiction that reduce the deficit by at least $1 billion over FY2018-FY2027. </p> <p>Requires the committees to submit the recommendations to the House Budget Committee by November 13, 2017. </p> <p>(Section 5113 of this resolution modifies the reconciliation instructions for the House committees and specifies that section 2002 shall have no force and effect.)</p> <p>TITLE III--RESERVE FUNDS </p> <p>Establishes reserve funds that provide the Senate Budget Committee Chairman with flexibility in applying budget enforcement rules to legislation that meets specified criteria. </p> <p>(Under the reserve funds, the chairman may revise committee allocations, aggregates and other appropriate levels in this resolution, and the Pay-As-You-Go [PAYGO] ledger. Deficit-neutral reserve funds generally apply to legislation that: (1) addresses specified policy issues, and (2) does not increase the deficit over a specified time period or periods. The resolution also includes two reserve funds that do not include a requirement regarding the effect on the deficit.) </p> <p>(Sec. 3001) Establishes a deficit-neutral reserve fund for legislation relating to repealing or replacing the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. </p> <p>(Sec. 3002) Establishes a revenue-neutral reserve fund for legislation that: (1) reforms the Internal Revenue Code, (2) is revenue neutral, and (3) would not increase the deficit over the FY2018-FY2017 period. </p> <p>(Sec. 3003) Establishes a reserve fund for legislation considered pursuant to the reconciliation instructions included in section 2001 of this resolution. </p> <p>Specifies that legislation for which the chairman has exercised authority pursuant to this section is exempt from the point of order against legislation increasing the short-term deficit. (The point of order prohibits the Senate from considering legislation that would cause a net increase in the deficit in excess of $10 billion in any fiscal year provided for in the most recently adopted budget resolution unless it is fully offset over the period of all fiscal years provided for in the most recently adopted budget resolution.)</p> <p>(Sec. 3004) Establishes a deficit-neutral reserve fund for legislation relating to an extension of the State Children's Health Insurance Program (CHIP). </p> <p>(Sec. 3005) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> addressing the opioid and substance abuse crisis; </li> <li> protecting and assisting victims of domestic abuse; </li> <li> foster care, child care, marriage, and fatherhood programs; </li> <li> making it easier to save for retirement; </li> <li> reforming the public housing system; </li> <li> the Community Development Block Grant Program; or </li> <li> extending expiring health care provisions. </li> </ul> <p>(Sec. 3006) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li>amending the Higher Education Act of 1965; </li> <li> ensuring state flexibility in education; </li> <li> enhancing outcomes with federal workforce development, job training, and reemployment programs; </li> <li> the consolidation and streamlining of overlapping early learning and child care programs; </li> <li> educational programs for individuals with disabilities; or </li> <li> child nutrition programs.</li> </ul> <p> (Sec. 3007) Establishes a deficit-neutral reserve fund for legislation relating to the American banking system. </p> <p>(Sec. 3008) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> the farm bill; </li> <li> American energy policies; </li> <li> the Nuclear Regulatory Commission; </li> <li> North American energy development; </li> <li> infrastructure, transportation, and water development; </li> <li> the Federal Aviation Administration; </li> <li> the National Flood Insurance Program; </li> <li> state mineral royalty revenues; or </li> <li>soda ash royalties.</li> </ul> <p>(Sec. 3009) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> improving military readiness, including deferred Facilities Sustainment Restoration and Modernization;</li> <li>military technological superiority; </li> <li> structural defense reforms; or </li> <li>strengthening cybersecurity efforts.</li> </ul> <p> (Sec. 3010) Establishes a deficit-neutral reserve fund for legislation relating to improving the delivery of benefits and services to veterans and service members. </p> <p>(Sec. 3011) Establishes a deficit-neutral reserve fund for legislation relating to: </p> <ul> <li> the Endangered Species Act of 1973, </li> <li> forest health and wildfire prevention and control,</li> <li> resources for wildland firefighting for the Forest Service and the Department of the Interior; </li> <li> the Payments in Lieu of Taxes Program (PILT), or </li> <li> the Secure Rural Schools and Community Self-Determination program.</li> </ul> <p>(Sec. 3012) Establishes a deficit-neutral reserve fund for legislation relating to: securing the U.S. border, ending human trafficking, or stopping the transportation of narcotics into the United States. </p> <p>(Sec. 3013) Establishes a deficit-neutral reserve fund for legislation relating to: reducing costs to businesses and individuals stemming from federal regulations, increasing commerce and economic growth, or enhancing job creation. </p> <p>(Sec. 3014) Establishes a deficit-neutral reserve fund for legislation relating to modifying statutory budget controls. </p> <p>(Sec. 3015) Establishes a deficit-neutral reserve fund for legislation relating to the prevention of taxpayer bailouts of pension plans. </p> <p>(Sec. 3016) Establishes a deficit-neutral reserve fund for legislation relating to implementing work requirements in all means-tested federal welfare programs. </p> <p>(Sec. 3017) Establishes a deficit-neutral reserve fund for legislation relating to protecting the Medicare program, which may include repealing the Independent Payment Advisory Board. </p> <p>(Sec. 3018) Establishes a deficit-neutral reserve fund for legislation relating to making the cost of child and dependent care more affordable and useful for American families. </p> <p>(Sec. 3019) Establishes a deficit-neutral reserve fund for legislation relating to worker training programs. </p> <p>(Sec. 3020) Establishes a reserve fund for legislation relating to providing disaster funds for relief and recovery to areas devastated by hurricanes and flooding in 2017. </p> <p>(Sec. 3021) Establishes a deficit-neutral reserve fund for legislation relating to protecting the Medicaid program and extending the life of the Medicare Federal Hospital Insurance Trust Fund. </p> <p>(Sec. 3022) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include lowering taxes on families with children.</p> <p>(Sec. 3023) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include the provision of tax relief for small businesses, along with provisions to prevent upper-income taxpayers from sheltering income from taxation at the appropriate rate.</p> <p>(Sec. 3024) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include reducing federal deductions such as the state and local tax deduction to ensure relief for middle-income taxpayers.</p> <p>(Sec. 3025) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include provisions to make the American tax system simpler and fairer for all Americans.</p> <p>(Sec. 3026) Establishes a deficit-neutral reserve fund for legislation relating to increasing per-child federal tax relief, which may include amending the child tax credit.</p> <p>(Sec. 3027) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include international tax provisions that provide or enhance incentives for businesses to invest in America, generate American jobs, retain American jobs, and return jobs to America.</p> <p>(Sec. 3028) Establishes a deficit-neutral reserve fund for legislation relating to eliminating tax breaks for companies that outsource jobs to foreign countries.</p> <p>(Sec. 3029) Establishes a deficit-neutral reserve fund for legislation relating to providing full, permanent, and mandatory funding for the Payment in Lieu of Taxes (PILT) program.</p> <p>(Sec. 3030) Establishes a deficit-neutral reserve fund for legislation relating to changes in federal tax laws, which may include tax reform proposals to ensure that the reformed tax code parallels the existing tax code with respect to relative burdens and does not shift the tax burden from high-income to lower- and middle-income taxpayers.</p> <p>(Sec. 3031) Establishes a deficit-neutral reserve fund for legislation relating to significantly improving the budget process. </p> <p>TITLE IV--BUDGET PROCESS </p> <p>Subtitle A--Budget Enforcement </p> <p>(Sec. 4101) Updates the existing point of order against advanced appropriations to conform to the new budget window. (Under this section, an advanced appropriation is any new budget authority provided in appropriations legislation for FY2018 that first becomes available after FY2018, or any new budget authority provided in appropriations legislation for FY2019 that first becomes available after FY2019. The point of order limits advanced appropriations to specified accounts and prohibits total advanced appropriations from exceeding $28.852 billion in new budget authority in each year). </p> <p>(Sec. 4102) Extends the point of order restricting the inclusion of certain changes in mandatory programs (CHIMPS) to appropriations legislation for FY2018-FY2020. Limits CHIMPS that reduce budget authority in the budget year but do not decrease outlays over the period of the total of the current year, budget year, and all fiscal years covered under the most recently adopted budget resolution. Limit CHIMPS to: $17 billion for FY2018, $15 billion for FY2019, and $15 billion for FY2020. </p> <p>(Sec. 4103) Establishes a point of order against appropriations legislation that includes CHIMPS that would cause the absolute value of the total budget authority of all CHIMPs affecting the Crime Victims Fund for FY2018 to exceed $11.224 billion. </p> <p>(Sec. 4104) Establishes a point of order against a provision designating FY2018 funds as for Overseas Contingency Operations (OCO). </p> <p>(Sec. 4105) Establishes a point of order against amendments to reconciliation bills considered pursuant to section 2001 if the chairman of the Senate Budget Committee is unable to determine the effect that the amendment or motion would have on budget authority, outlays, direct spending, entitlement authority, revenues, deficits, or surpluses. </p> <p>(Sec. 4106) Repeals the existing Senate Pay-As-You-Go (PAYGO) point of order that prohibits the consideration of legislation that would cause or increase an on-budget deficit over specified six- and eleven-year time periods. </p> <p>Replaces the point of order with a new PAYGO point of order that continues the six-year and eleven-year time periods and adds two additional time periods during which the legislation may not cause or increase an on-budget deficit: (1) the current year, and (2) the budget year. </p> <p>(Sec. 4107) Directs the Congressional Budget Office (CBO) and the Joint Committee on Taxation to provide estimates of the macroeconomic effects of major legislation. (These estimates are frequently referred to as dynamic scoring and include estimates of the budgetary effects from changes in economic output, employment, capital stock, interest rates, and other macroeconomic variables resulting from the legislation.)</p> <p>Requires the estimates, to the extent practicable, to include the distributional effects across income categories resulting from major legislation. </p> <p>(Sec. 4108) Permits the chairman of the Senate Budget Committee to adjust committee allocations, budgetary aggregates, allocations, and levels included in this resolution if, during the 115th Congress, a measure becomes law that amends the discretionary spending limits established under the Balanced Budget and Emergency Deficit Control Act of 1985.</p> <p>(Sec. 4109) Permits the chairman of the Senate Budget Committee to adjust: (1) discretionary spending limits established under the Balanced Budget and Emergency Deficit Control Act of 1985; and (2) committee allocations, budgetary aggregates, allocations, and levels included in this resolution for legislation during the 115th Congress that provides wildfire suppression funding. </p> <p>(Sec. 4110) Permits the chairman of the Senate Budget Committee to adjust committee allocations, aggregates and other levels in this resolution, and the PAYGO ledger if legislation decreases direct spending for any fiscal year and authorizes appropriations for the same purpose. </p> <p>(Sec. 4111) Repeals points of order: (1) against voting on passage of legislation unless the CBO cost estimate was available on CBO's website at least 28 hours before the vote, and (2) protecting savings in reconciliation legislation from amendments that increase the deficit. </p> <p>(Sec. 4112) Makes technical corrections to provisions regarding the designation of emergency spending. </p> <p>(Sec. 4113) Permits the chairman of the Senate Budget Committee to file in the Congressional Record committee allocations enforcing this resolution if the resolution passes both the House and Senate in identical form, a conference committee is not convened, and a joint explanatory statement is not produced. </p> <p>Subtitle B--Other Provisions </p> <p>(Sec. 4201) Directs Senate committees to review programs and tax expenditures within their jurisdiction to identify waste, fraud, abuse, or duplication and increase the use of performance data to inform committee work. </p> <p>(Sec. 4202) Requires the joint explanatory statement accompanying the conference report on the budget resolution to include amounts for the discretionary administrative expenses of the Social Security Administration and the U.S. Postal Service in the allocations to the appropriations committees. Specifies that, in the Senate, the amounts must be included in estimates of the total new budget authority and total outlays provided by a measure that are used to enforce committee allocations. </p> <p>(Sec. 4203) Sets forth procedures for adjustments of the allocations and aggregates included in the budget resolution. </p> <p>(Sec. 4204) Permits the chairman of the Senate Budget Committee to adjust levels and allocations in this budget resolution to reflect changes in concepts and definitions. </p> <p>(Sec. 4205) Permits the chairman of the Senate Budget Committee to make adjustments to the levels and allocations included in this resolution to reflect legislation that was enacted before this resolution was agreed to by Congress and was not incorporated in the June 2017 update to CBO's baseline. </p> <p>(Sec. 4206) Declares that the provisions in this title are promulgated under the Senate's rulemaking power and will be considered part of the rules of the Senate. </p> <p>TITLE V--BUDGET PROCESS IN THE HOUSE OF REPRESENTATIVES</p> <p>Subtitle A--Budget Enforcement</p> <p>(Sec. 5101) Requires the CBO to estimate whether legislation (other than appropriations measures) would cause a net increase in direct spending in excess of $2.5 billion over any of the 4 consecutive 10-year periods beginning in FY2027. Establishes a point of order against legislation (other than appropriations measures) with a net effect of increasing direct spending by more than $2.5 billion in any of the 4 consecutive 10-year periods. Specifies that this provision has no force or effect after September 30, 2018.</p> <p>(Sec. 5102) Provides the House Appropriations Committee with a separate allocation for Overseas Contingency Operations/Global War on Terrorism and specifies procedures for enforcing and adjusting the allocation.</p> <p>(Sec. 5103) Establishes a point of order restricting the inclusion of certain changes in mandatory programs (CHIMPS) in appropriations legislation for FY2018-FY2020. Limits CHIMPS that reduce budget authority in the budget year but do not decrease outlays over the period of the total of the current year, budget year, and all fiscal years covered under the most recently agreed to budget resolution. Limit the CHIMPS to: $19.1 billion for FY2018, $17 billion for FY2019, and $15 billion for FY2020.</p> <p>(Sec. 5104) Prohibits advance appropriations unless: (1) the appropriation is provided for an account listed as an exception in the report accompanying this resolution, and (2) total advance appropriations do not exceed specified limits. (Under this section, an advance appropriation is any new discretionary budget authority provided in appropriations legislation for the fiscal year following FY2018.)</p> <p>(Sec. 5105) Permits the chair of the House Budget Committee to direct the CBO to include changes in debt service costs in estimates of legislation except for authorizations of discretionary programs or appropriation measures. </p> <p>Specifies that: (1) this section applies to changes in the authorization level of appropriated entitlements, and (2) the estimates are advisory and may not be used for budget enforcement.</p> <p>(Sec. 5106) Requires the CBO, upon request of the chairman of the House Budget Committee, to include supplemental fair-value estimates in estimates for legislation establishing or modifying a loan or loan guarantee program. </p> <p>Requires the CBO to provide a supplemental fair-value estimate for legislation establishing or modifying a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). </p> <p>Requires the CBO to include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and other major loan and loan guarantee programs in its &quot;Budget and Economic Outlook: 2018 to 2027.&quot; </p> <p>Permits the chairman of the House Budget Committee to use the fair-value estimates provided pursuant to this section for budget enforcement purposes. </p> <p>(A fair-value estimate is an alternative to federal credit program estimates required by the Federal Credit Reform Act of 1990 [FCRA]. Under FCRA, cash flows are discounted using Treasury interest rates for estimating subsidy costs. The fair-value method incorporates market risk by using market rates.)</p> <p>(Sec. 5107) Requires the CBO and the Joint Committee on Taxation to incorporate macroeconomic effects in estimates of specified legislation (commonly referred to as dynamic scoring).</p> <p>(Sec. 5108) Authorizes the chairman of the House Budget Committee to adjust committee allocations and levels in this resolution if legislation decreases direct spending in any fiscal year and authorizes appropriations for the same purpose.</p> <p>(Sec. 5109) Directs the CBO to estimate legislation that affects the use of energy savings performance contracts or utility energy service contracts on a net present value basis (in today's dollars) using calculations that meet specified requirements. Specifies that the contracts are to be scored as direct spending and that savings resulting from the contracts may be not be used as an offset for budget enforcement purposes. </p> <p>(Under an energy savings performance contract, a private party agrees to fund energy-efficient upgrades for a federal facility, and the federal agency agrees to pay the private party from reductions in the agency's energy costs. Under a utility energy service contract, the services and equipment are provided by a utility.)</p> <p>(Sec. 5110) Requires transfers of funds from the general fund of the Treasury to the Highway Trust Fund to be counted as new budget authority and outlays in the year the transfer occurs.</p> <p>(Sec. 5111) Prohibits transfers of surpluses of the Federal Reserve System from being counted as offsets for budget enforcement purposes. (This section prevents the transfers from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)</p> <p>(Sec. 5112) Prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used for budget enforcement purposes. (Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This section prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)</p> <p>(Sec. 5113) Modifies the reconciliation instructions included in this resolution for House committees to: (1) specify that section 2002 of this resolution shall have no force and effect, and (2) direct the House Ways and Means Committee to report to the House of Representatives by November 13, 2017, changes in laws within its jurisdiction that increase the deficit by no more than $1.5 trillion over FY2018-FY2027. </p> <p>Subtitle B--Other Provisions </p> <p>(Sec. 5201) Specifies that the administrative expenses of the Social Security Administration and the U.S. Postal Service are reflected in the allocation to the House Appropriations Committee to ensure that the committee retains control over the expenses through the annual appropriations process.</p> <p>Specifies that, in the House, the amounts must be included in estimates of the total new budget authority and total outlays provided by a measure that are used to enforce committee allocations.</p> <p>(Sec. 5202) Sets forth procedures for the adjustment of allocations, aggregates, and other budgetary levels included in this resolution. </p> <p>Permits the chairman of the House Budget Committee to adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation.</p> <p>(Sec. 5203) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, and other levels in this resolution for any change in budgetary concepts and definitions pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985.</p> <p>(Sec. 5204) Authorizes the chair of the House Budget Committee to adjust the aggregates, allocations, reconciliation targets, and other levels in this resolution for any changes that the CBO makes to its baseline for FY2018-FY2027.</p> <p>(Sec. 5205) Waives the point of order that would otherwise apply to appropriations legislation that exceeds the statutory limits on discretionary spending if the legislation would not cause this resolution's 302(a) allocation for the appropriations committee to be exceeded.</p> <p>(Sec. 5206) Permits the allocations and lists included in this resolution to be enforced in the House if this resolution is adopted in the House without the appointment of a conference committee. </p> <p>Requires the chairman of the House Budget Committee to submit for a publication in the Congressional Record a statement specifying: (1) committee allocations; and (2) programs, projects, and activities identified as advance appropriations for the purpose of enforcing section 5104 of this resolution.</p> <p>(Sec. 5207) Affirms that the adoption of this title and section 2002 of this budget resolution is an exercise of the House's rulemaking power and that the House has the constitutional right to change these rules.</p> <p>Subtitle C--Adjustment Authority</p> <p>(Sec. 5301) Permits the chairman of the House Budget Committee to adjust the committee allocations, aggregates, allocations, levels, and limits contained this resolution if, during the 115th Congress, a measure becomes law that amends the discretionary spending limits established under the Balanced Budget and Emergency Deficit Control Act of 1985 to increase the limit for the revised security category for FY2018 to $640 billion.</p> <p>Subtitle D--Reserve Funds</p> <p>Establishes reserve funds that permit the chairman of the House Budget Committee to adjust the levels and allocations included in the budget resolution to accommodate health, tax, and transportation legislation that meets specified conditions. <p>(Reserve funds provide the House Budget Committee Chairman with flexibility in applying budget enforcement rules to legislation that meets specified criteria.) <p>(Sec. 5401) Establishes a reserve fund for legislation that invests in national infrastructure and is deficit-neutral over the period of FY2018-FY2027.</p> <p>(Sec. 5402) Establishes a reserve fund for legislation that provides for comprehensive tax reform and would not increase the deficit over the period of FY2018-FY2027.</p> <p>(Sec. 5403) Establishes a reserve fund for legislation that extends the State Children's Health Insurance Program (CHIP) allotments and would not increase the deficit over the period of FY2018-FY2027.</p> <p>(Sec. 5404) Establishes a reserve fund for legislation that repeals or replaces the Patient Protection and Affordable Care Act and the health care-related provisions of the Health Care and Education Reconciliation Act of 2010.</p>

tv_txt: 115th CONGRESS 1st Session H. CON. RES. 71 In the Senate of the United States, October 19, 2017. Amendment:

That the resolution from the House of Representatives (H. Con. Res. 71) entitled Concurrent resolution establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027. , do pass with the following Strike all after the resolving clause and insert the following: 1. Concurrent resolution on the budget for fiscal year 2018 (a) Declaration Congress declares that this resolution is the concurrent resolution on the budget for fiscal year 2018 and that this resolution sets forth the appropriate budgetary levels for fiscal years 2019 through 2027. (b) Table of contents The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2018. TITLE I—Recommended levels and amounts Subtitle A—Budgetary levels in both Houses Sec. 1101. Recommended levels and amounts. Sec. 1102. Major functional categories. Subtitle B—Levels and amounts in the Senate Sec. 1201. Social Security in the Senate. Sec. 1202. Postal Service discretionary administrative expenses in the Senate. TITLE II—Reconciliation Sec. 2001. Reconciliation in the Senate. Sec. 2002. Reconciliation in the House of Representatives. TITLE III—Reserve funds Sec. 3001. Deficit-neutral reserve fund to protect flexible and affordable health care for all. Sec. 3002. Revenue-neutral reserve fund to reform the American tax system. Sec. 3003. Reserve fund for reconciliation legislation. Sec. 3004. Deficit-neutral reserve fund for extending the State Children’s Health Insurance Program. Sec. 3005. Deficit-neutral reserve fund to strengthen American families. Sec. 3006. Deficit-neutral reserve fund to promote innovative educational and nutritional models and systems for American students. Sec. 3007. Deficit-neutral reserve fund to improve the American banking system. Sec. 3008. Deficit-neutral reserve fund to promote American agriculture, energy, transportation, and infrastructure improvements. Sec. 3009. Deficit-neutral reserve fund to restore American military power. Sec. 3010. Deficit-neutral reserve fund for veterans and service members. Sec. 3011. Deficit-neutral reserve fund for public lands and the environment. Sec. 3012. Deficit-neutral reserve fund to secure the American border. Sec. 3013. Deficit-neutral reserve fund to promote economic growth, the private sector, and to enhance job creation. Sec. 3014. Deficit-neutral reserve fund for legislation modifying statutory budgetary controls. Sec. 3015. Deficit-neutral reserve fund to prevent the taxpayer bailout of pension plans. Sec. 3016. Deficit-neutral reserve fund relating to implementing work requirements in all means-tested Federal welfare programs. Sec. 3017. Deficit-neutral reserve fund to protect Medicare and repeal the Independent Payment Advisory Board. Sec. 3018. Deficit-neutral reserve fund relating to affordable child and dependent care. Sec. 3019. Deficit-neutral reserve fund relating to worker training programs. Sec. 3020. Reserve fund for legislation to provide disaster funds for relief and recovery efforts to areas devastated by hurricanes and flooding in 2017. Sec. 3021. Deficit-neutral reserve fund relating to protecting Medicare and Medicaid. Sec. 3022. Deficit-neutral reserve fund relating to the provision of tax relief for families with children. Sec. 3023. Deficit-neutral reserve fund relating to the provision of tax relief for small businesses. Sec. 3024. Deficit-neutral reserve fund relating to tax relief for hard-working middle-class Americans. Sec. 3025. Deficit-neutral reserve fund relating to making the American tax system simpler and fairer for all Americans. Sec. 3026. Deficit-neutral reserve fund relating to tax cuts for working American families. Sec. 3027. Deficit-neutral reserve fund relating to the provision of incentives for businesses to invest in America and create jobs in America. Sec. 3028. Deficit-neutral reserve fund relating to eliminating tax breaks for companies that ship jobs to foreign countries. Sec. 3029. Deficit-neutral reserve fund relating to providing full, permanent, and mandatory funding for the payment in lieu of taxes program. Sec. 3030. Deficit-neutral reserve fund relating to tax reform which maintains the progressivity of the tax system. Sec. 3031. Deficit-neutral reserve fund relating to significantly improving the budget process. TITLE IV—Budget process Subtitle A—Budget enforcement Sec. 4101. Point of order against advance appropriations in the Senate. Sec. 4102. Point of order against certain changes in mandatory programs. Sec. 4103. Point of order against provisions that constitute changes in mandatory programs affecting the Crime Victims Fund. Sec. 4104. Point of order against designation of funds for overseas contingency operations. Sec. 4105. Point of order against reconciliation amendments with unknown budgetary effects. Sec. 4106. Pay-As-You-Go point of order in the Senate. Sec. 4107. Honest accounting: cost estimates for major legislation to incorporate macroeconomic effects. Sec. 4108. Adjustment authority for amendments to statutory caps. Sec. 4109. Adjustment for wildfire suppression funding in the Senate. Sec. 4110. Adjustment for improved oversight of spending. Sec. 4111. Repeal of certain limitations. Sec. 4112. Emergency legislation. Sec. 4113. Enforcement filing in the Senate. Subtitle B—Other provisions Sec. 4201. Oversight of Government performance. Sec. 4202. Budgetary treatment of certain discretionary administrative expenses. Sec. 4203. Application and effect of changes in allocations and aggregates. Sec. 4204. Adjustments to reflect changes in concepts and definitions. Sec. 4205. Adjustments to reflect legislation not included in the baseline. Sec. 4206. Exercise of rulemaking powers. TITLE V—Budget process in the House of Representatives Subtitle A—Budget enforcement Sec. 5101. Point of order against increasing long-term direct spending. Sec. 5102. Allocation for Overseas Contingency Operations/Global War on Terrorism. Sec. 5103. Limitation on changes in certain mandatory programs. Sec. 5104. Limitation on advance appropriations. Sec. 5105. Estimates of debt service costs. Sec. 5106. Fair-value credit estimates. Sec. 5107. Estimates of macroeconomic effects of major legislation. Sec. 5108. Adjustments for improved control of budgetary resources. Sec. 5109. Scoring rule for Energy Savings Performance Contracts. Sec. 5110. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund. Sec. 5111. Prohibition on use of Federal Reserve surpluses as an offset. Sec. 5112. Prohibition on use of guarantee fees as an offset. Sec. 5113. Modification of reconciliation in the House of Representatives. Subtitle B—Other provisions Sec. 5201. Budgetary treatment of administrative expenses. Sec. 5202. Application and effect of changes in allocations and aggregates. Sec. 5203. Adjustments to reflect changes in concepts and definitions. Sec. 5204. Adjustment for changes in the baseline. Sec. 5205. Application of rule regarding limits on discretionary spending. Sec. 5206. Enforcement filing in the House. Sec. 5207. Exercise of rulemaking powers. Subtitle C—Adjustment authority Sec. 5301. Adjustment authority for amendments to statutory caps. Subtitle D—Reserve funds Sec. 5401. Reserve fund for investments in national infrastructure. Sec. 5402. Reserve fund for comprehensive tax reform. Sec. 5403. Reserve fund for the State Children’s Health Insurance Program. Sec. 5404. Reserve fund for the repeal or replacement of President Obama’s health care laws. I Recommended levels and amounts A Budgetary levels in both Houses 1101. Recommended levels and amounts The following budgetary levels are appropriate for each of fiscal years 2018 through 2027: (1) Federal revenues For purposes of the enforcement of this resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2018: $2,490,936,000,000. Fiscal year 2019: $2,613,683,000,000. Fiscal year 2020: $2,755,381,000,000. Fiscal year 2021: $2,883,381,000,000. Fiscal year 2022: $3,015,847,000,000. Fiscal year 2023: $3,162,063,000,000. Fiscal year 2024: $3,306,948,000,000. Fiscal year 2025: $3,463,269,000,000. Fiscal year 2026: $3,654,829,000,000. Fiscal year 2027: $3,825,184,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2018: −$167,200,000,000. Fiscal year 2019: −$169,500,000,000. Fiscal year 2020: −$166,000,000,000. Fiscal year 2021: −$165,200,000,000. Fiscal year 2022: −$166,400,000,000. Fiscal year 2023: −$167,700,000,000. Fiscal year 2024: −$169,800,000,000. Fiscal year 2025: −$172,200,000,000. Fiscal year 2026: −$146,400,000,000. Fiscal year 2027: −$145,000,000,000. (2) New budget authority For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,136,721,000,000. Fiscal year 2019: $3,220,542,000,000. Fiscal year 2020: $3,319,687,000,000. Fiscal year 2021: $3,344,861,000,000. Fiscal year 2022: $3,501,231,000,000. Fiscal year 2023: $3,563,762,000,000. Fiscal year 2024: $3,607,752,000,000. Fiscal year 2025: $3,753,919,000,000. Fiscal year 2026: $3,851,463,000,000. Fiscal year 2027: $3,942,710,000,000. (3) Budget outlays For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,131,688,000,000. Fiscal year 2019: $3,233,119,000,000. Fiscal year 2020: $3,310,579,000,000. Fiscal year 2021: $3,370,283,000,000. Fiscal year 2022: $3,486,230,000,000. Fiscal year 2023: $3,532,290,000,000. Fiscal year 2024: $3,561,834,000,000. Fiscal year 2025: $3,710,120,000,000. Fiscal year 2026: $3,810,435,000,000. Fiscal year 2027: $3,903,041,000,000. (4) Deficits For purposes of the enforcement of this resolution, the amounts of the deficits are as follows: Fiscal year 2018: $640,752,000,000. Fiscal year 2019: $619,436,000,000. Fiscal year 2020: $555,198,000,000. Fiscal year 2021: $486,902,000,000. Fiscal year 2022: $470,383,000,000. Fiscal year 2023: $370,227,000,000. Fiscal year 2024: $254,886,000,000. Fiscal year 2025: $246,851,000,000. Fiscal year 2026: $155,606,000,000. Fiscal year 2027: $77,857,000,000. (5) Public debt Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(a)(5) ), the appropriate levels of the public debt are as follows: Fiscal year 2018: $21,278,691,000,000. Fiscal year 2019: $22,063,363,000,000. Fiscal year 2020: $22,760,763,000,000. Fiscal year 2021: $23,396,024,000,000. Fiscal year 2022: $23,992,408,000,000. Fiscal year 2023: $24,508,029,000,000. Fiscal year 2024: $24,953,195,000,000. Fiscal year 2025: $25,375,994,000,000. Fiscal year 2026: $25,777,513,000,000. Fiscal year 2027: $25,999,469,000,000. (6) Debt held by the public The appropriate levels of debt held by the public are as follows: Fiscal year 2018: $15,595,294,000,000. Fiscal year 2019: $16,281,015,000,000. Fiscal year 2020: $16,933,381,000,000. Fiscal year 2021: $17,553,196,000,000. Fiscal year 2022: $18,188,386,000,000. Fiscal year 2023: $18,765,097,000,000. Fiscal year 2024: $19,269,019,000,000. Fiscal year 2025: $19,809,369,000,000. Fiscal year 2026: $20,307,841,000,000. Fiscal year 2027: $20,780,452,000,000. 1102. Major functional categories Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2018 through 2027 for each major functional category are: (1) National Defense (050): Fiscal year 2018: (A) New budget authority, $557,253,000,000. (B) Outlays, $569,287,000,000. Fiscal year 2019: (A) New budget authority, $570,316,000,000. (B) Outlays, $568,721,000,000. Fiscal year 2020: (A) New budget authority, $584,504,000,000. (B) Outlays, $574,347,000,000. Fiscal year 2021: (A) New budget authority, $598,730,000,000. (B) Outlays, $584,706,000,000. Fiscal year 2022: (A) New budget authority, $613,707,000,000. (B) Outlays, $601,894,000,000. Fiscal year 2023: (A) New budget authority, $629,014,000,000. (B) Outlays, $611,538,000,000. Fiscal year 2024: (A) New budget authority, $644,732,000,000. (B) Outlays, $621,649,000,000. Fiscal year 2025: (A) New budget authority, $660,854,000,000. (B) Outlays, $641,891,000,000. Fiscal year 2026: (A) New budget authority, $678,183,000,000. (B) Outlays, $658,658,000,000. Fiscal year 2027: (A) New budget authority, $695,076,000,000. (B) Outlays, $675,108,000,000. (2) International Affairs (150): Fiscal year 2018: (A) New budget authority, $45,157,000,000. (B) Outlays, $44,985,000,000. Fiscal year 2019: (A) New budget authority, $43,978,000,000. (B) Outlays, $43,114,000,000. Fiscal year 2020: (A) New budget authority, $44,042,000,000. (B) Outlays, $42,992,000,000. Fiscal year 2021: (A) New budget authority, $44,060,000,000. (B) Outlays, $42,702,000,000. Fiscal year 2022: (A) New budget authority, $43,161,000,000. (B) Outlays, $42,743,000,000. Fiscal year 2023: (A) New budget authority, $44,183,000,000. (B) Outlays, $43,045,000,000. Fiscal year 2024: (A) New budget authority, $45,222,000,000. (B) Outlays, $43,511,000,000. Fiscal year 2025: (A) New budget authority, $46,283,000,000. (B) Outlays, $44,062,000,000. Fiscal year 2026: (A) New budget authority, $47,394,000,000. (B) Outlays, $44,844,000,000. Fiscal year 2027: (A) New budget authority, $48,467,000,000. (B) Outlays, $45,676,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2018: (A) New budget authority, $32,565,000,000. (B) Outlays, $31,909,000,000. Fiscal year 2019: (A) New budget authority, $33,238,000,000. (B) Outlays, $32,561,000,000. Fiscal year 2020: (A) New budget authority, $33,908,000,000. (B) Outlays, $33,191,000,000. Fiscal year 2021: (A) New budget authority, $34,637,000,000. (B) Outlays, $33,864,000,000. Fiscal year 2022: (A) New budget authority, $35,401,000,000. (B) Outlays, $34,666,000,000. Fiscal year 2023: (A) New budget authority, $36,165,000,000. (B) Outlays, $35,427,000,000. Fiscal year 2024: (A) New budget authority, $36,940,000,000. (B) Outlays, $36,167,000,000. Fiscal year 2025: (A) New budget authority, $37,775,000,000. (B) Outlays, $36,956,000,000. Fiscal year 2026: (A) New budget authority, $38,617,000,000. (B) Outlays, $37,773,000,000. Fiscal year 2027: (A) New budget authority, $39,464,000,000. (B) Outlays, $38,597,000,000. (4) Energy (270): Fiscal year 2018: (A) New budget authority, −$762,000,000. (B) Outlays, $2,686,000,000. Fiscal year 2019: (A) New budget authority, $4,392,000,000. (B) Outlays, $2,869,000,000. Fiscal year 2020: (A) New budget authority, $4,737,000,000. (B) Outlays, $3,529,000,000. Fiscal year 2021: (A) New budget authority, $4,615,000,000. (B) Outlays, $3,558,000,000. Fiscal year 2022: (A) New budget authority, $3,363,000,000. (B) Outlays, $2,268,000,000. Fiscal year 2023: (A) New budget authority, $3,069,000,000. (B) Outlays, $1,994,000,000. Fiscal year 2024: (A) New budget authority, $3,090,000,000. (B) Outlays, $2,085,000,000. Fiscal year 2025: (A) New budget authority, $3,106,000,000. (B) Outlays, $2,168,000,000. Fiscal year 2026: (A) New budget authority, $3,153,000,000. (B) Outlays, $2,264,000,000. Fiscal year 2027: (A) New budget authority, $3,238,000,000. (B) Outlays, $2,442,000,000. (5) Natural Resources and Environment (300): Fiscal year 2018: (A) New budget authority, $40,489,000,000. (B) Outlays, $40,597,000,000. Fiscal year 2019: (A) New budget authority, $42,110,000,000. (B) Outlays, $42,293,000,000. Fiscal year 2020: (A) New budget authority, $43,533,000,000. (B) Outlays, $43,420,000,000. Fiscal year 2021: (A) New budget authority, $43,091,000,000. (B) Outlays, $42,742,000,000. Fiscal year 2022: (A) New budget authority, $45,022,000,000. (B) Outlays, $44,194,000,000. Fiscal year 2023: (A) New budget authority, $45,716,000,000. (B) Outlays, $44,767,000,000. Fiscal year 2024: (A) New budget authority, $46,080,000,000. (B) Outlays, $45,125,000,000. Fiscal year 2025: (A) New budget authority, $47,575,000,000. (B) Outlays, $46,581,000,000. Fiscal year 2026: (A) New budget authority, $48,511,000,000. (B) Outlays, $47,501,000,000. Fiscal year 2027: (A) New budget authority, $49,280,000,000. (B) Outlays, $48,326,000,000. (6) Agriculture (350): Fiscal year 2018: (A) New budget authority, $22,063,000,000. (B) Outlays, $21,979,000,000. Fiscal year 2019: (A) New budget authority, $21,564,000,000. (B) Outlays, $19,898,000,000. Fiscal year 2020: (A) New budget authority, $20,372,000,000. (B) Outlays, $18,450,000,000. Fiscal year 2021: (A) New budget authority, $19,284,000,000. (B) Outlays, $18,540,000,000. Fiscal year 2022: (A) New budget authority, $18,743,000,000. (B) Outlays, $18,135,000,000. Fiscal year 2023: (A) New budget authority, $18,894,000,000. (B) Outlays, $18,354,000,000. Fiscal year 2024: (A) New budget authority, $19,311,000,000. (B) Outlays, $18,638,000,000. Fiscal year 2025: (A) New budget authority, $19,881,000,000. (B) Outlays, $19,112,000,000. Fiscal year 2026: (A) New budget authority, $20,173,000,000. (B) Outlays, $19,439,000,000. Fiscal year 2027: (A) New budget authority, $20,280,000,000. (B) Outlays, $19,542,000,000. (7) Commerce and Housing Credit (370): Fiscal year 2018: (A) New budget authority, $9,379,000,000. (B) Outlays, −$4,060,000,000. Fiscal year 2019: (A) New budget authority, $12,090,000,000. (B) Outlays, $2,554,000,000. Fiscal year 2020: (A) New budget authority, $7,997,000,000. (B) Outlays, −$646,000,000. Fiscal year 2021: (A) New budget authority, $5,359,000,000. (B) Outlays, −$2,364,000,000. Fiscal year 2022: (A) New budget authority, $7,393,000,000. (B) Outlays, −$2,715,000,000. Fiscal year 2023: (A) New budget authority, −$3,254,000,000. (B) Outlays, −$14,163,000,000. Fiscal year 2024: (A) New budget authority, −$4,648,000,000. (B) Outlays, −$16,202,000,000. Fiscal year 2025: (A) New budget authority, −$4,817,000,000. (B) Outlays, −$17,747,000,000. Fiscal year 2026: (A) New budget authority, −$6,228,000,000. (B) Outlays, −$19,133,000,000. Fiscal year 2027: (A) New budget authority, −$6,816,000,000. (B) Outlays, −$19,990,000,000. (8) Transportation (400): Fiscal year 2018: (A) New budget authority, $89,125,000,000. (B) Outlays, $92,875,000,000. Fiscal year 2019: (A) New budget authority, $90,538,000,000. (B) Outlays, $92,393,000,000. Fiscal year 2020: (A) New budget authority, $84,687,000,000. (B) Outlays, $93,064,000,000. Fiscal year 2021: (A) New budget authority, $40,062,000,000. (B) Outlays, $81,597,000,000. Fiscal year 2022: (A) New budget authority, $71,003,000,000. (B) Outlays, $69,791,000,000. Fiscal year 2023: (A) New budget authority, $71,930,000,000. (B) Outlays, $74,521,000,000. Fiscal year 2024: (A) New budget authority, $73,370,000,000. (B) Outlays, $76,450,000,000. Fiscal year 2025: (A) New budget authority, $74,843,000,000. (B) Outlays, $76,523,000,000. Fiscal year 2026: (A) New budget authority, $76,345,000,000. (B) Outlays, $76,895,000,000. Fiscal year 2027: (A) New budget authority, $77,831,000,000. (B) Outlays, $78,001,000,000. (9) Community and Regional Development (450): Fiscal year 2018: (A) New budget authority, $19,018,000,000. (B) Outlays, $21,697,000,000. Fiscal year 2019: (A) New budget authority, $19,281,000,000. (B) Outlays, $20,600,000,000. Fiscal year 2020: (A) New budget authority, $19,435,000,000. (B) Outlays, $19,518,000,000. Fiscal year 2021: (A) New budget authority, $19,690,000,000. (B) Outlays, $18,867,000,000. Fiscal year 2022: (A) New budget authority, $19,778,000,000. (B) Outlays, $18,506,000,000. Fiscal year 2023: (A) New budget authority, $20,061,000,000. (B) Outlays, $18,041,000,000. Fiscal year 2024: (A) New budget authority, $20,347,000,000. (B) Outlays, $18,277,000,000. Fiscal year 2025: (A) New budget authority, $20,669,000,000. (B) Outlays, $18,831,000,000. Fiscal year 2026: (A) New budget authority, $20,985,000,000. (B) Outlays, $19,353,000,000. Fiscal year 2027: (A) New budget authority, $21,304,000,000. (B) Outlays, $19,932,000,000. (10) Education, Training, Employment, and Social Services (500): Fiscal year 2018: (A) New budget authority, $90,224,000,000. (B) Outlays, $99,348,000,000. Fiscal year 2019: (A) New budget authority, $100,086,000,000. (B) Outlays, $98,799,000,000. Fiscal year 2020: (A) New budget authority, $101,018,000,000. (B) Outlays, $101,064,000,000. Fiscal year 2021: (A) New budget authority, $102,034,000,000. (B) Outlays, $102,218,000,000. Fiscal year 2022: (A) New budget authority, $102,700,000,000. (B) Outlays, $103,178,000,000. Fiscal year 2023: (A) New budget authority, $102,725,000,000. (B) Outlays, $103,653,000,000. Fiscal year 2024: (A) New budget authority, $103,012,000,000. (B) Outlays, $103,960,000,000. Fiscal year 2025: (A) New budget authority, $103,798,000,000. (B) Outlays, $104,747,000,000. Fiscal year 2026: (A) New budget authority, $104,942,000,000. (B) Outlays, $105,921,000,000. Fiscal year 2027: (A) New budget authority, $106,473,000,000. (B) Outlays, $107,433,000,000. (11) Health (550): Fiscal year 2018: (A) New budget authority, $546,598,000,000. (B) Outlays, $558,311,000,000. Fiscal year 2019: (A) New budget authority, $560,622,000,000. (B) Outlays, $563,293,000,000. Fiscal year 2020: (A) New budget authority, $578,838,000,000. (B) Outlays, $570,311,000,000. Fiscal year 2021: (A) New budget authority, $574,616,000,000. (B) Outlays, $575,040,000,000. Fiscal year 2022: (A) New budget authority, $586,530,000,000. (B) Outlays, $583,769,000,000. Fiscal year 2023: (A) New budget authority, $601,742,000,000. (B) Outlays, $599,099,000,000. Fiscal year 2024: (A) New budget authority, $605,811,000,000. (B) Outlays, $603,443,000,000. Fiscal year 2025: (A) New budget authority, $617,220,000,000. (B) Outlays, $614,728,000,000. Fiscal year 2026: (A) New budget authority, $633,890,000,000. (B) Outlays, $630,824,000,000. Fiscal year 2027: (A) New budget authority, $652,230,000,000. (B) Outlays, $653,552,000,000. (12) Medicare (570): Fiscal year 2018: (A) New budget authority, $586,239,000,000. (B) Outlays, $585,962,000,000. Fiscal year 2019: (A) New budget authority, $643,592,000,000. (B) Outlays, $643,374,000,000. Fiscal year 2020: (A) New budget authority, $687,119,000,000. (B) Outlays, $686,926,000,000. Fiscal year 2021: (A) New budget authority, $734,446,000,000. (B) Outlays, $734,241,000,000. Fiscal year 2022: (A) New budget authority, $819,300,000,000. (B) Outlays, $819,073,000,000. Fiscal year 2023: (A) New budget authority, $833,885,000,000. (B) Outlays, $833,669,000,000. Fiscal year 2024: (A) New budget authority, $845,578,000,000. (B) Outlays, $845,355,000,000. Fiscal year 2025: (A) New budget authority, $934,429,000,000. (B) Outlays, $934,186,000,000. Fiscal year 2026: (A) New budget authority, $1,002,522,000,000. (B) Outlays, $1,002,272,000,000. Fiscal year 2027: (A) New budget authority, $1,066,566,000,000. (B) Outlays, $1,066,321,000,000. (13) Income Security (600): Fiscal year 2018: (A) New budget authority, $491,978,000,000. (B) Outlays, $477,537,000,000. Fiscal year 2019: (A) New budget authority, $490,106,000,000. (B) Outlays, $479,627,000,000. Fiscal year 2020: (A) New budget authority, $493,118,000,000. (B) Outlays, $482,945,000,000. Fiscal year 2021: (A) New budget authority, $494,706,000,000. (B) Outlays, $485,536,000,000. Fiscal year 2022: (A) New budget authority, $497,021,000,000. (B) Outlays, $494,507,000,000. Fiscal year 2023: (A) New budget authority, $506,711,000,000. (B) Outlays, $499,405,000,000. Fiscal year 2024: (A) New budget authority, $515,692,000,000. (B) Outlays, $502,742,000,000. Fiscal year 2025: (A) New budget authority, $531,668,000,000. (B) Outlays, $520,169,000,000. Fiscal year 2026: (A) New budget authority, $544,483,000,000. (B) Outlays, $538,620,000,000. Fiscal year 2027: (A) New budget authority, $557,641,000,000. (B) Outlays, $548,723,000,000. (14) Social Security (650): Fiscal year 2018: (A) New budget authority, $39,683,000,000. (B) Outlays, $39,683,000,000. Fiscal year 2019: (A) New budget authority, $43,091,000,000. (B) Outlays, $43,091,000,000. Fiscal year 2020: (A) New budget authority, $46,182,000,000. (B) Outlays, $46,182,000,000. Fiscal year 2021: (A) New budget authority, $49,460,000,000. (B) Outlays, $49,460,000,000. Fiscal year 2022: (A) New budget authority, $52,915,000,000. (B) Outlays, $52,915,000,000. Fiscal year 2023: (A) New budget authority, $56,734,000,000. (B) Outlays, $56,734,000,000. Fiscal year 2024: (A) New budget authority, $60,953,000,000. (B) Outlays, $60,953,000,000. Fiscal year 2025: (A) New budget authority, $65,424,000,000. (B) Outlays, $65,424,000,000. Fiscal year 2026: (A) New budget authority, $69,757,000,000. (B) Outlays, $69,757,000,000. Fiscal year 2027: (A) New budget authority, $74,173,000,000. (B) Outlays, $74,173,000,000. (15) Veterans Benefits and Services (700): Fiscal year 2018: (A) New budget authority, $176,446,000,000. (B) Outlays, $177,393,000,000. Fiscal year 2019: (A) New budget authority, $191,376,000,000. (B) Outlays, $189,441,000,000. Fiscal year 2020: (A) New budget authority, $198,336,000,000. (B) Outlays, $196,338,000,000. Fiscal year 2021: (A) New budget authority, $205,001,000,000. (B) Outlays, $202,930,000,000. Fiscal year 2022: (A) New budget authority, $221,481,000,000. (B) Outlays, $219,320,000,000. Fiscal year 2023: (A) New budget authority, $219,424,000,000. (B) Outlays, $216,903,000,000. Fiscal year 2024: (A) New budget authority, $216,519,000,000. (B) Outlays, $214,343,000,000. Fiscal year 2025: (A) New budget authority, $234,741,000,000. (B) Outlays, $232,535,000,000. Fiscal year 2026: (A) New budget authority, $242,559,000,000. (B) Outlays, $240,210,000,000. Fiscal year 2027: (A) New budget authority, $251,142,000,000. (B) Outlays, $248,884,000,000. (16) Administration of Justice (750): Fiscal year 2018: (A) New budget authority, $65,038,000,000. (B) Outlays, $61,006,000,000. Fiscal year 2019: (A) New budget authority, $64,244,000,000. (B) Outlays, $64,504,000,000. Fiscal year 2020: (A) New budget authority, $64,377,000,000. (B) Outlays, $66,523,000,000. Fiscal year 2021: (A) New budget authority, $65,866,000,000. (B) Outlays, $69,272,000,000. Fiscal year 2022: (A) New budget authority, $67,069,000,000. (B) Outlays, $69,488,000,000. Fiscal year 2023: (A) New budget authority, $68,813,000,000. (B) Outlays, $69,657,000,000. Fiscal year 2024: (A) New budget authority, $70,592,000,000. (B) Outlays, $70,232,000,000. Fiscal year 2025: (A) New budget authority, $72,432,000,000. (B) Outlays, $71,865,000,000. Fiscal year 2026: (A) New budget authority, $74,233,000,000. (B) Outlays, $73,500,000,000. Fiscal year 2027: (A) New budget authority, $76,093,000,000. (B) Outlays, $75,382,000,000. (17) General Government (800): Fiscal year 2018: (A) New budget authority, $24,675,000,000. (B) Outlays, $24,889,000,000. Fiscal year 2019: (A) New budget authority, $25,518,000,000. (B) Outlays, $25,642,000,000. Fiscal year 2020: (A) New budget authority, $25,989,000,000. (B) Outlays, $25,994,000,000. Fiscal year 2021: (A) New budget authority, $26,649,000,000. (B) Outlays, $26,358,000,000. Fiscal year 2022: (A) New budget authority, $27,311,000,000. (B) Outlays, $26,973,000,000. Fiscal year 2023: (A) New budget authority, $27,972,000,000. (B) Outlays, $27,608,000,000. Fiscal year 2024: (A) New budget authority, $28,485,000,000. (B) Outlays, $28,134,000,000. Fiscal year 2025: (A) New budget authority, $29,255,000,000. (B) Outlays, $28,830,000,000. Fiscal year 2026: (A) New budget authority, $30,052,000,000. (B) Outlays, $29,610,000,000. Fiscal year 2027: (A) New budget authority, $30,827,000,000. (B) Outlays, $30,382,000,000. (18) Net Interest (900): Fiscal year 2018: (A) New budget authority, $388,767,000,000. (B) Outlays, $388,767,000,000. Fiscal year 2019: (A) New budget authority, $441,158,000,000. (B) Outlays, $441,158,000,000. Fiscal year 2020: (A) New budget authority, $497,893,000,000. (B) Outlays, $497,893,000,000. Fiscal year 2021: (A) New budget authority, $546,206,000,000. (B) Outlays, $546,206,000,000. Fiscal year 2022: (A) New budget authority, $589,086,000,000. (B) Outlays, $589,086,000,000. Fiscal year 2023: (A) New budget authority, $630,179,000,000. (B) Outlays, $630,179,000,000. Fiscal year 2024: (A) New budget authority, $664,060,000,000. (B) Outlays, $664,060,000,000. Fiscal year 2025: (A) New budget authority, $691,250,000,000. (B) Outlays, $691,250,000,000. Fiscal year 2026: (A) New budget authority, $716,494,000,000. (B) Outlays, $716,494,000,000. Fiscal year 2027: (A) New budget authority, $736,146,000,000. (B) Outlays, $736,146,000,000. (19) Allowances (920): Fiscal year 2018: (A) New budget authority, −$68,576,000,000. (B) Outlays, −$51,055,000,000. Fiscal year 2019: (A) New budget authority, −$133,357,000,000. (B) Outlays, −$96,088,000,000. Fiscal year 2020: (A) New budget authority, −$145,919,000,000. (B) Outlays, −$130,658,000,000. Fiscal year 2021: (A) New budget authority, −$176,695,000,000. (B) Outlays, −$166,918,000,000. Fiscal year 2022: (A) New budget authority, −$218,460,000,000. (B) Outlays, −$209,169,000,000. Fiscal year 2023: (A) New budget authority, −$247,892,000,000. (B) Outlays, −$238,885,000,000. Fiscal year 2024: (A) New budget authority, −$276,275,000,000. (B) Outlays, −$266,915,000,000. Fiscal year 2025: (A) New budget authority, −$307,701,000,000. (B) Outlays, −$297,489,000,000. Fiscal year 2026: (A) New budget authority, −$366,270,000,000. (B) Outlays, −$356,035,000,000. Fiscal year 2027: (A) New budget authority, −$415,402,000,000. (B) Outlays, −$404,286,000,000. (20) Undistributed Offsetting Receipts (950): Fiscal year 2018: (A) New budget authority, −$95,229,000,000. (B) Outlays, −$95,229,000,000. Fiscal year 2019: (A) New budget authority, −$93,401,000,000. (B) Outlays, −$93,401,000,000. Fiscal year 2020: (A) New budget authority, −$95,479,000,000. (B) Outlays, −$95,479,000,000. Fiscal year 2021: (A) New budget authority, −$98,956,000,000. (B) Outlays, −$98,956,000,000. Fiscal year 2022: (A) New budget authority, −$101,293,000,000. (B) Outlays, −$101,293,000,000. Fiscal year 2023: (A) New budget authority, −$102,309,000,000. (B) Outlays, −$102,309,000,000. Fiscal year 2024: (A) New budget authority, −$111,119,000,000. (B) Outlays, −$111,119,000,000. Fiscal year 2025: (A) New budget authority, −$124,766,000,000. (B) Outlays, −$124,766,000,000. Fiscal year 2026: (A) New budget authority, −$128,332,000,000. (B) Outlays, −$128,332,000,000. Fiscal year 2027: (A) New budget authority, −$141,303,000,000. (B) Outlays, −$141,303,000,000. (21) Overseas Contingency Operations (970): Fiscal year 2018: (A) New budget authority, $76,591,000,000. (B) Outlays, $43,121,000,000. Fiscal year 2019: (A) New budget authority, $50,000,000,000. (B) Outlays, $48,676,000,000. Fiscal year 2020: (A) New budget authority, $25,000,000,000. (B) Outlays, $34,675,000,000. Fiscal year 2021: (A) New budget authority, $12,000,000,000. (B) Outlays, $20,684,000,000. Fiscal year 2022: (A) New budget authority, $0. (B) Outlays, $8,901,000,000. Fiscal year 2023: (A) New budget authority, $0. (B) Outlays, $3,053,000,000. Fiscal year 2024: (A) New budget authority, $0. (B) Outlays, $946,000,000. Fiscal year 2025: (A) New budget authority, $0. (B) Outlays, $264,000,000. Fiscal year 2026: (A) New budget authority, $0. (B) Outlays, $0. Fiscal year 2027: (A) New budget authority, $0. (B) Outlays, $0. B Levels and amounts in the Senate 1201. Social Security in the Senate (a) Social Security Revenues For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 and 642), the amounts of revenues of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows: Fiscal year 2018: $873,312,000,000. Fiscal year 2019: $903,381,000,000. Fiscal year 2020: $932,055,000,000. Fiscal year 2021: $962,698,000,000. Fiscal year 2022: $996,127,000,000. Fiscal year 2023: $1,031,653,000,000. Fiscal year 2024: $1,068,529,000,000. Fiscal year 2025: $1,106,862,000,000. Fiscal year 2026: $1,146,803,000,000. Fiscal year 2027: $1,188,060,000,000. (b) Social Security Outlays For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 and 642), the amounts of outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows: Fiscal year 2018: $849,609,000,000. Fiscal year 2019: $909,109,000,000. Fiscal year 2020: $972,776,000,000. Fiscal year 2021: $1,040,108,000,000. Fiscal year 2022: $1,111,446,000,000. Fiscal year 2023: $1,188,081,000,000. Fiscal year 2024: $1,266,786,000,000. Fiscal year 2025: $1,349,334,000,000. Fiscal year 2026: $1,437,032,000,000. Fiscal year 2027: $1,530,362,000,000. (c) Social Security Administrative Expenses In the Senate, the amounts of new budget authority and budget outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund for administrative expenses are as follows: Fiscal year 2018: (A) New budget authority, $5,553,000,000. (B) Outlays, $5,584,000,000. Fiscal year 2019: (A) New budget authority, $5,716,000,000. (B) Outlays, $5,713,000,000. Fiscal year 2020: (A) New budget authority, $5,888,000,000. (B) Outlays, $5,856,000,000. Fiscal year 2021: (A) New budget authority, $6,062,000,000. (B) Outlays, $6,029,000,000. Fiscal year 2022: (A) New budget authority, $6,241,000,000. (B) Outlays, $6,207,000,000. Fiscal year 2023: (A) New budget authority, $6,426,000,000. (B) Outlays, $6,392,000,000. Fiscal year 2024: (A) New budget authority, $6,617,000,000. (B) Outlays, $6,581,000,000. Fiscal year 2025: (A) New budget authority, $6,816,000,000. (B) Outlays, $6,779,000,000. Fiscal year 2026: (A) New budget authority, $7,024,000,000. (B) Outlays, $6,985,000,000. Fiscal year 2027: (A) New budget authority, $7,233,000,000. (B) Outlays, $7,194,000,000. 1202. Postal Service discretionary administrative expenses in the Senate In the Senate, the amounts of new budget authority and budget outlays of the Postal Service for discretionary administrative expenses are as follows: Fiscal year 2018: (A) New budget authority, $281,000,000. (B) Outlays, $281,000,000. Fiscal year 2019: (A) New budget authority, $290,000,000. (B) Outlays, $290,000,000. Fiscal year 2020: (A) New budget authority, $301,000,000. (B) Outlays, $301,000,000. Fiscal year 2021: (A) New budget authority, $311,000,000. (B) Outlays, $311,000,000. Fiscal year 2022: (A) New budget authority, $322,000,000. (B) Outlays, $322,000,000. Fiscal year 2023: (A) New budget authority, $333,000,000. (B) Outlays, $333,000,000. Fiscal year 2024: (A) New budget authority, $344,000,000. (B) Outlays, $343,000,000. Fiscal year 2025: (A) New budget authority, $356,000,000. (B) Outlays, $355,000,000. Fiscal year 2026: (A) New budget authority, $369,000,000. (B) Outlays, $368,000,000. Fiscal year 2027: (A) New budget authority, $380,000,000. (B) Outlays, $379,000,000. II Reconciliation 2001. Reconciliation in the Senate (a) Committee on Finance The Committee on Finance of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027. (b) Committee on Energy and Natural Resources The Committee on Energy and Natural Resources of the Senate shall report changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2018 through 2027. (c) Submissions In the Senate, not later than November 13, 2017, the Committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the Senate. Upon receiving such recommendations, the Committee on the Budget of the Senate shall report to the Senate a reconciliation bill carrying out all such recommendations without any substantive revision. 2002. Reconciliation in the House of Representatives (a) Committee on Ways and Means The Committee on Ways and Means of the House of Representatives shall submit changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027. (b) Committee on Natural Resources The Committee on Natural Resources of the House of Representatives shall submit changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2018 through 2027. (c) Submissions In the House of Representatives, not later than November 13, 2017, the committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the House of Representatives to carry out this section. III Reserve funds 3001. Deficit-neutral reserve fund to protect flexible and affordable health care for all The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to repealing or replacing the Patient Protection and Affordable Care Act ( Public Law 111–148 ; 124 Stat. 119) and the Health Care and Education Reconciliation Act of 2010 ( Public Law 111–152 ; 124 Stat. 1029), by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3002. Revenue-neutral reserve fund to reform the American tax system The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to reforming the Internal Revenue Code of 1986, which may include— (1) tax relief for middle-income working Americans; (2) lowering taxes on families with children; or (3) incentivizing companies to invest domestically and create jobs in the United States, by the amounts provided in such legislation for those purposes, provided that such legislation is revenue neutral and would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3003. Reserve fund for reconciliation legislation (a) In general The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for any bill or joint resolution considered pursuant to section 2001 containing the recommendations of one or more committees, or for one or more amendments to, a conference report on, or an amendment between the Houses in relation to such a bill or joint resolution, by the amounts necessary to accommodate the budgetary effects of the legislation, if the budgetary effects of the legislation comply with the reconciliation instructions under this concurrent resolution. (b) Determination of compliance For purposes of this section, compliance with the reconciliation instructions under this concurrent resolution shall be determined by the Chairman of the Committee on the Budget of the Senate. (c) Exception for legislation Section 404(a) of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010, shall not apply to legislation for which the Chairman of the Committee on the Budget of the Senate has exercised the authority under subsection (a). 3004. Deficit-neutral reserve fund for extending the State Children’s Health Insurance Program The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to an extension of the State Children’s Health Insurance Program, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3005. Deficit-neutral reserve fund to strengthen American families The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) addressing the opioid and substance abuse crisis; (2) protecting and assisting victims of domestic abuse; (3) foster care, child care, marriage, and fatherhood programs; (4) making it easier to save for retirement; (5) reforming the American public housing system; (6) the Community Development Block Grant Program; or (7) extending expiring health care provisions, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3006. Deficit-neutral reserve fund to promote innovative educational and nutritional models and systems for American students The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) amending the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.); (2) ensuring State flexibility in education; (3) enhancing outcomes with Federal workforce development, job training, and reemployment programs; (4) the consolidation and streamlining of overlapping early learning and child care programs; (5) educational programs for individuals with disabilities; or (6) child nutrition programs, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3007. Deficit-neutral reserve fund to improve the American banking system The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to the American banking system by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3008. Deficit-neutral reserve fund to promote American agriculture, energy, transportation, and infrastructure improvements The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) the Farm Bill; (2) American energy policies; (3) the Nuclear Regulatory Commission; (4) North American energy development; (5) infrastructure, transportation, and water development; (6) the Federal Aviation Administration; (7) the National Flood Insurance Program; (8) State mineral royalty revenues; or (9) soda ash royalties, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3009. Deficit-neutral reserve fund to restore American military power The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) improving military readiness, including deferred Facilities Sustainment Restoration and Modernization; (2) military technological superiority; (3) structural defense reforms; or (4) strengthening cybersecurity efforts, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3010. Deficit-neutral reserve fund for veterans and service members The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to improving the delivery of benefits and services to veterans and service members by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3011. Deficit-neutral reserve fund for public lands and the environment The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) the Endangered Species Act of 1973 ( 16 U.S.C. 1531 et seq.); (2) forest health and wildfire prevention and control; (3) resources for wildland firefighting for the Forest Service and Department of Interior; (4) the payments in lieu of taxes program; or (5) the secure rural schools and community self-determination program, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3012. Deficit-neutral reserve fund to secure the American border The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) securing the border of the United States; (2) ending human trafficking; or (3) stopping the transportation of narcotics into the United States, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3013. Deficit-neutral reserve fund to promote economic growth, the private sector, and to enhance job creation The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) reducing costs to businesses and individuals stemming from Federal regulations; (2) increasing commerce and economic growth; or (3) enhancing job creation, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3014. Deficit-neutral reserve fund for legislation modifying statutory budgetary controls The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to modifying statutory budget controls, which may include adjustments to the discretionary spending limits and changes to the scope of sequestration as carried out by the Office of Management and Budget, such as for the Financial Accounting Standards Board, Public Company Accounting Oversight Board, Securities Investor Protection Corporation, and other similar entities, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3015. Deficit-neutral reserve fund to prevent the taxpayer bailout of pension plans The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to the prevention of taxpayer bailout of pension plans, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3016. Deficit-neutral reserve fund relating to implementing work requirements in all means-tested Federal welfare programs The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to implementing work requirements in all means-tested Federal welfare programs by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3017. Deficit-neutral reserve fund to protect Medicare and repeal the Independent Payment Advisory Board The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to protecting the Medicare program under title XVIII of the Social Security Act ( 42 U.S.C. 1395 et seq.), which may include repealing the Independent Payment Advisory Board established under section 1899A of such Act ( 42 U.S.C. 1395kkk ), by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3018. Deficit-neutral reserve fund relating to affordable child and dependent care The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to making the cost of child and dependent care more affordable and useful for American families by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3019. Deficit-neutral reserve fund relating to worker training programs The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to worker training programs, such as training programs that target workers that need advanced skills to progress in their current profession or apprenticeship or certificate programs that provide retraining for a new industry, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3020. Reserve fund for legislation to provide disaster funds for relief and recovery efforts to areas devastated by hurricanes and flooding in 2017 The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to providing disaster funds for relief and recovery to areas devastated by hurricanes and flooding in 2017, by the amounts necessary to accommodate the budgetary effects of the legislation. 3021. Deficit-neutral reserve fund relating to protecting Medicare and Medicaid The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to protecting the Medicaid program under title XIX of the Social Security Act ( 42 U.S.C. 1396 et seq.), which may include strengthening and improving Medicaid for the most vulnerable populations, and extending the life of the Federal Hospital Insurance Trust Fund by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3022. Deficit-neutral reserve fund relating to the provision of tax relief for families with children The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include lowering taxes on families with children, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3023. Deficit-neutral reserve fund relating to the provision of tax relief for small businesses The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include the provision of tax relief for small businesses, along with provisions to prevent upper-income taxpayers from sheltering income from taxation at the appropriate rate, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3024. Deficit-neutral reserve fund relating to tax relief for hard-working middle-class americans The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include reducing federal deductions, such as the state and local tax deduction which disproportionally favors high-income individuals, to ensure relief for middle- income taxpayers, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2027. 3025. Deficit-neutral reserve fund relating to making the American tax system simpler and fairer for all Americans The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include provisions to make the American tax system simpler and fairer for all Americans, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3026. Deficit-neutral reserve fund relating to tax cuts for working American families The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to increasing per-child Federal tax relief, which may include amending the child tax credit, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3027. Deficit-neutral reserve fund relating to the provision of incentives for businesses to invest in America and create jobs in America The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in federal tax laws, which may include international tax provisions that provide or enhance incentives for businesses to invest in America, generate American jobs, retain American jobs, and return jobs to America, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3028. Deficit-neutral reserve fund relating to eliminating tax breaks for companies that ship jobs to foreign countries The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to eliminating tax breaks for companies that outsource jobs to foreign countries, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3029. Deficit-neutral reserve fund relating to providing full, permanent, and mandatory funding for the payment in lieu of taxes program The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to providing full, permanent, and mandatory funding for the payment in lieu of taxes program by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3030. Deficit-neutral reserve fund relating to tax reform which maintains the progressivity of the tax system The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include tax reform proposals to ensure that the reformed tax code parallels the existing tax code with respect to relative burdens and does not shift the tax burden from high-income to lower- and middle-income taxpayers, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3031. Deficit-neutral reserve fund relating to significantly improving the budget process The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to significantly improving the budget process by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. IV Budget process A Budget enforcement 4101. Point of order against advance appropriations in the Senate (a) In general (1) Point of order Except as provided in subsection (b), it shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would provide an advance appropriation for a discretionary account. (2) Definition In this section, the term advance appropriation means any new budget authority provided in a bill or joint resolution making appropriations for fiscal year 2018 that first becomes available for any fiscal year after 2018, or any new budget authority provided in a bill or joint resolution making general appropriations or continuing appropriations for fiscal year 2019, that first becomes available for any fiscal year after 2019. (b) Exceptions Advance appropriations may be provided— (1) for fiscal years 2019 and 2020 for programs, projects, activities, or accounts identified in the joint explanatory statement of managers accompanying this concurrent resolution under the heading Accounts Identified for Advance Appropriations in an aggregate amount not to exceed $28,852,000,000 in new budget authority in each fiscal year; (2) for the Corporation for Public Broadcasting; and (3) for the Department of Veterans Affairs for the Medical Services, Medical Support and Compliance, Veterans Medical Community Care, and Medical Facilities accounts of the Veterans Health Administration. (c) Supermajority waiver and appeal (1) Waiver In the Senate, subsection (a) may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. (2) Appeal An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). (d) Form of point of order A point of order under subsection (a) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (e) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to this section, and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. 4102. Point of order against certain changes in mandatory programs (a) Definition In this section, the term CHIMP means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 902 ) (as in effect prior to September 30, 2002) if the provision was included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the period of the total of the current year, the budget year, and all fiscal years covered under the most recently adopted concurrent resolution on the budget. (b) Point of order in the Senate (1) In general It shall not be in order in the Senate to consider a bill or joint resolution making appropriations for a full fiscal year, or an amendment thereto, amendment between the Houses in relation thereto, conference report thereon, or motion thereon, that includes a CHIMP that, if enacted, would cause the absolute value of the total budget authority of all such CHIMPs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (2). (2) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $17,000,000,000; (B) for fiscal year 2019, $15,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the Chairman of the Committee on the Budget of the Senate. (d) Supermajority waiver and appeal in the Senate In the Senate, subsection (b) may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (b). (e) Senate point of order against provisions of appropriations legislation that constitute changes in mandatory programs with net costs (1) In general Section 3103 of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, is repealed. (2) Applicability In the Senate, section 314 of S. Con. Res. 70 (110th Congress), the concurrent resolution on the budget for fiscal year 2009, shall be applied and administered as if section 3103(e) of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, had not been enacted. 4103. Point of order against provisions that constitute changes in mandatory programs affecting the Crime Victims Fund (a) Definition In this section— (1) the term CHIMP has the meaning given such term in section 4102(a); and (2) the term Crime Victims Fund means the Crime Victims Fund established under section 1402 of the Victims of Crime Act of 1984 ( 34 U.S.C. 20101 ). (b) Point of order in the Senate (1) In general When the Senate is considering a bill or joint resolution making full-year appropriations for fiscal year 2018, or an amendment thereto, amendment between the Houses in relation thereto, conference report thereon, or motion thereon, if a point of order is made by a Senator against a provision containing a CHIMP affecting the Crime Victims Fund that, if enacted, would cause the absolute value of the total budget authority of all CHIMPs affecting the Crime Victims Fund in relation to fiscal year 2018 to be more than $11,224,000,000, and the point of order is sustained by the Chair, that provision shall be stricken from the measure and may not be offered as an amendment from the floor. (2) Form of the point of order A point of order under paragraph (1) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (3) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to paragraph (1), and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. (4) Supermajority waiver and appeal In the Senate, this subsection may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subsection. (5) Determination For purposes of this subsection, budgetary levels shall be determined on the basis of estimates provided by the Chairman of the Committee on the Budget of the Senate. (c) Review of procedures regarding chimps The Committee on the Budget and the Committee on Appropriations of the Senate shall review existing budget enforcement procedures regarding CHIMPs included in appropriations legislation. These committees of jurisdiction should consult with other relevant committees of jurisdiction and other interested parties to review such procedures, including for Crime Victims Fund spending, and include any agreed upon recommendations in subsequent concurrent resolutions on the budget. 4104. Point of order against designation of funds for overseas contingency operations (a) Point of order When the Senate is considering a bill, joint resolution, motion, amendment, amendment between the Houses, or conference report, if a point of order is made by a Senator against a provision that designates funds for fiscal year 2018 for overseas contingency operations, in accordance with section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b)(2)(A) ), and the point of order is sustained by the Chair, that provision shall be stricken from the measure and may not be offered as an amendment from the floor. (b) Form of the point of order A point of order under subsection (a) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (c) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to subsection (a), and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. (d) Supermajority waiver and appeal In the Senate, this section may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chose and sworn. An affirmative vote of three-fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (e) Suspension of point of order This section shall not apply if a declaration of war by Congress is in effect. 4105. Point of order against reconciliation amendments with unknown budgetary effects (a) In general In the Senate, it shall not be in order to consider an amendment to or motion on a bill or joint resolution considered pursuant to section 2001 if the Chairman of the Committee on the Budget submits a written statement for the Congressional Record indicating that the Chairman, after consultation with the Ranking Member of the Committee on the Budget, is unable to determine the effect the amendment or motion would have on budget authority, outlays, direct spending, entitlement authority, revenues, deficits, or surpluses. (b) Supermajority waiver and appeal in the Senate In the Senate, subsection (a) may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). 4106. Pay-As-You-Go point of order in the Senate (a) Point of order (1) In general It shall not be in order in the Senate to consider any direct spending or revenue legislation that would increase the on-budget deficit or cause an on-budget deficit for any of the applicable time periods as measured in paragraphs (5) and (6). (2) Applicable time periods For purposes of this subsection, the term applicable time period means any of— (A) the period of the current fiscal year; (B) the period of the budget year; (C) the period of the current fiscal year, the budget year, and the ensuing 4 fiscal years following the budget year; or (D) the period of the current fiscal year, the budget year, and the ensuing 9 fiscal years following the budget year. (3) Direct spending legislation For purposes of this subsection and except as provided in paragraph (4), the term direct spending legislation means any bill, joint resolution, amendment, motion, or conference report that affects direct spending as that term is defined by, and interpreted for purposes of, the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq.). (4) Exclusion For purposes of this subsection, the terms direct spending legislation and revenue legislation do not include— (A) any concurrent resolution on the budget; or (B) any provision of legislation that affects the full funding of, and continuation of, the deposit insurance guarantee commitment in effect on November 5, 1990. (5) Baseline Estimates prepared pursuant to this subsection shall— (A) use the baseline surplus or deficit used for the most recently adopted concurrent resolution on the budget; and (B) be calculated under the requirements of subsections (b) through (d) of section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) for fiscal years beyond those covered by that concurrent resolution on the budget. (6) Prior surplus If direct spending or revenue legislation increases the on-budget deficit or causes an on-budget deficit when taken individually, it must also increase the on-budget deficit or cause an on-budget deficit when taken together with all direct spending and revenue legislation enacted since the beginning of the calendar year not accounted for in the baseline under paragraph (5)(A), except that direct spending or revenue effects resulting in net deficit reduction enacted in any bill pursuant to a reconciliation instruction since the beginning of that same calendar year shall never be made available on the pay-as-you-go ledger and shall be dedicated only for deficit reduction. (b) Supermajority waiver and appeals (1) Waiver This section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn. (2) Appeals Appeals in the Senate from the decisions of the Chair relating to any provision of this section shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution, as the case may be. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (c) Determination of budget levels For purposes of this section, the levels of new budget authority, outlays, and revenues for a fiscal year shall be determined on the basis of estimates made by the Senate Committee on the Budget. (d) Repeal In the Senate, section 201 of S. Con. Res. 21 (110th Congress), the concurrent resolution on the budget for fiscal year 2008, shall no longer apply. 4107. Honest accounting: cost estimates for major legislation to incorporate macroeconomic effects (a) CBO and JCT estimates During the 115th Congress, any estimate provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act ( 2 U.S.C. 601(f) ) for major legislation considered in the Senate shall, to the greatest extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of the major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ); and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Distributional effects Any estimate referred to in subsection (a) shall, to the extent practicable, include the distributional effects across income categories resulting from major legislation. (d) Definitions In this section: (1) Major legislation The term major legislation means a bill, joint resolution, conference report, amendment, amendment between the Houses, or treaty considered in the Senate— (A) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than— (i) 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (ii) for a treaty, equal to or greater than $15,000,000,000 for that fiscal year; or (B) designated as such by— (i) the Chairman of the Committee on the Budget of the Senate for all direct spending and revenue legislation; or (ii) the Senator who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 4108. Adjustment authority for amendments to statutory caps During the 115th Congress, if a measure becomes law that amends the discretionary spending limits established under section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(c) ), such as a measure increasing the limit for the revised security category for fiscal year 2018 to be $640,000,000,000, the Chairman of the Committee on the Budget of the Senate may adjust the allocation called for under section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the appropriate committee or committees of the Senate, and may adjust all other budgetary aggregates, allocations, levels, and limits contained in this resolution, as necessary, consistent with such measure. 4109. Adjustment for wildfire suppression funding in the Senate During the 115th Congress, if a measure becomes law that amends the adjustments to discretionary spending limits established under section 251(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b) ) to provide for wildfire suppression funding, which may include criteria for making such an adjustment, the Chairman of the Committee on the Budget of the Senate may adjust the allocation called for in section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the appropriate committee or committees of the Senate, and may adjust all other budgetary aggregates, allocations, levels, and limits contained in this concurrent resolution, as necessary, consistent with such measure. 4110. Adjustment for improved oversight of spending (a) Adjustments of direct spending levels If a measure becomes law that decreases direct spending (budget authority and outlays flowing therefrom) for any fiscal year and provides for an authorization of appropriations for the same purpose, the Chairman of the Committee on the Budget of the Senate may decrease the allocation to the committee of the Senate with jurisdiction of the direct spending by an amount equal to the amount of the decrease in direct spending and may revise the aggregates and other appropriate levels in this resolution and make adjustments to the pay-as-you-go ledger in the amounts necessary to accommodate the decrease in direct spending. (b) Determinations For purposes of this section, the levels of budget authority and outlays shall be determined on the basis of estimates submitted by the Chairman of the Committee on the Budget of the Senate. 4111. Repeal of certain limitations Sections 3205 and 3206 of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, are repealed. 4112. Emergency legislation (a) Authority To designate In the Senate, with respect to a provision of direct spending or receipts legislation or appropriations for discretionary accounts that Congress designates as an emergency requirement in such measure, the amounts of new budget authority, outlays, and receipts in all fiscal years resulting from that provision shall be treated as an emergency requirement for the purpose of this section. (b) Exemption of emergency provisions Any new budget authority, outlays, and receipts resulting from any provision designated as an emergency requirement, pursuant to this section, in any bill, joint resolution, amendment, amendment between the Houses, or conference report shall not count for purposes of sections 302 and 311 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 and 642), section 4106 of this resolution, section 3101 of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, and sections 401 and 404 of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010. Designated emergency provisions shall not count for the purpose of revising allocations, aggregates, or other levels pursuant to procedures established under section 301(b)(7) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(b)(7) ) for deficit-neutral reserve funds and revising discretionary spending limits set pursuant to section 301 of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010. (c) Designations If a provision of legislation is designated as an emergency requirement under this section, the committee report and any statement of managers accompanying that legislation shall include an explanation of the manner in which the provision meets the criteria in subsection (f). (d) Definitions In this section, the terms direct spending , receipts , and appropriations for discretionary accounts mean any provision of a bill, joint resolution, amendment, motion, amendment between the Houses, or conference report that affects direct spending, receipts, or appropriations as those terms have been defined and interpreted for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq.). (e) Point of order (1) In general When the Senate is considering a bill, resolution, amendment, motion, amendment between the Houses, or conference report, if a point of order is made by a Senator against an emergency designation in that measure, that provision making such a designation shall be stricken from the measure and may not be offered as an amendment from the floor. (2) Supermajority waiver and appeals (A) Waiver Paragraph (1) may be waived or suspended in the Senate only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. (B) Appeals Appeals in the Senate from the decisions of the Chair relating to any provision of this subsection shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution, as the case may be. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subsection. (3) Definition of an emergency designation For purposes of paragraph (1), a provision shall be considered an emergency designation if it designates any item as an emergency requirement pursuant to this subsection. (4) Form of the point of order A point of order under paragraph (1) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (5) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill, upon a point of order being made by any Senator pursuant to this section, and such point of order being sustained, such material contained in such conference report shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. (f) Criteria (1) In general For purposes of this section, any provision is an emergency requirement if the situation addressed by such provision is— (A) necessary, essential, or vital (not merely useful or beneficial); (B) sudden, quickly coming into being, and not building up over time; (C) an urgent, pressing, and compelling need requiring immediate action; (D) subject to paragraph (2), unforeseen, unpredictable, and unanticipated; and (E) not permanent, temporary in nature. (2) Unforeseen An emergency that is part of an aggregate level of anticipated emergencies, particularly when normally estimated in advance, is not unforeseen. (g) Inapplicability In the Senate, section 403 of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010, shall no longer apply. 4113. Enforcement filing in the Senate If this concurrent resolution on the budget is agreed to by the Senate and House of Representatives without the appointment of a committee of conference on the disagreeing votes of the two Houses, the Chairman of the Committee on the Budget of the Senate may submit a statement for publication in the Congressional Record containing— (1) for the Committee on Appropriations, committee allocations for fiscal year 2018 consistent with the levels in title I for the purpose of enforcing section 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); (2) for all committees other than the Committee on Appropriations, committee allocations for fiscal years 2018, 2018 through 2022, and 2018 through 2027 consistent with the levels in title I for the purpose of enforcing section 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); and (3) a list of programs, projects, activities, or accounts identified for advanced appropriations that would have been identified in the joint explanatory statement of managers accompanying this concurrent resolution. B Other provisions 4201. Oversight of Government performance In the Senate, all committees are directed to review programs and tax expenditures within their jurisdiction to identify waste, fraud, abuse or duplication, and increase the use of performance data to inform committee work. Committees are also directed to review the matters for congressional consideration identified in the Office of Inspector General semiannual reports and the Office of Inspector General's list of unimplemented recommendations and on the Government Accountability Office’s High Risk list and the annual report to reduce program duplication. Based on these oversight efforts and performance reviews of programs within their jurisdiction, committees are directed to include recommendations for improved governmental performance in their annual views and estimates reports required under section 301(d) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(d) ) to the Committees on the Budget. 4202. Budgetary treatment of certain discretionary administrative expenses (a) In general In the Senate, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a)(1) ), section 13301 of the Budget Enforcement Act of 1990 ( 2 U.S.C. 632 note), and section 2009a of title 39, United States Code, the joint explanatory statement accompanying the conference report on any concurrent resolution on the budget shall include in its allocations under section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the Committees on Appropriations amounts for the discretionary administrative expenses of the Social Security Administration and of the Postal Service. (b) Special rule In the Senate, for purposes of enforcing sections 302(f) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(f) ), estimates of the level of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 4203. Application and effect of changes in allocations and aggregates (a) Application Any adjustments of allocations and aggregates made pursuant to this resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 ( 2 U.S.C. 621 et seq.) as allocations and aggregates contained in this resolution. (c) Budget committee determinations For purposes of this resolution the levels of new budget authority, outlays, direct spending, new entitlement authority, revenues, deficits, and surpluses for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the Committee on the Budget of the Senate. 4204. Adjustments to reflect changes in concepts and definitions Upon the enactment of a bill or joint resolution providing for a change in concepts or definitions, the Chairman of the Committee on the Budget of the Senate may make adjustments to the levels and allocations in this resolution in accordance with section 251(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b) ). 4205. Adjustments to reflect legislation not included in the baseline The Chairman of the Committee on the Budget of the Senate may make adjustments to the levels and allocations in this resolution to reflect legislation enacted before the date on which this resolution is agreed to by Congress that is not incorporated in the baseline underlying the Congressional Budget Office’s June 2017 update to the Budget and Economic Outlook: 2017 to 2027. 4206. Exercise of rulemaking powers Congress adopts the provisions of this title— (1) as an exercise of the rulemaking power of the Senate, and as such they shall be considered as part of the rules of the Senate and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the Senate to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the Senate. V Budget process in the House of Representatives A Budget enforcement 5101. Point of order against increasing long-term direct spending (a) Point of order It shall not be in order in the House of Representatives to consider any bill or joint resolution, or amendment thereto or conference report thereon, that would cause a net increase in direct spending in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods described in subsection (b). (b) Congressional Budget Office analysis of proposals The Director of the Congressional Budget Office shall, to the extent practicable, prepare an estimate of whether a bill or joint resolution reported by a committee (other than the Committee on Appropriations), or amendment thereto or conference report thereon, would cause, relative to current law, a net increase in direct spending in the House of Representatives, in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods beginning after the last fiscal year of this concurrent resolution. (c) Limitation In the House of Representatives, the provisions of this section shall not apply to any bills or joint resolutions, or amendments thereto or conference reports thereon, for which the chair of the Committee on the Budget has made adjustments to the allocations, aggregates, or other budgetary levels in this concurrent resolution. (d) Determinations of budget levels For purposes of this section, the levels of net increases in direct spending shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. (e) Sunset This section shall have no force or effect after September 30, 2018. 5102. Allocation for Overseas Contingency Operations/Global War on Terrorism (a) Separate allocation for Overseas Contingency Operations/Global War on Terrorism In the House of Representatives, there shall be a separate allocation of new budget authority and outlays provided to the Committee on Appropriations for the purposes of Overseas Contingency Operations/Global War on Terrorism, which shall be deemed to be an allocation under section 302(a) of the Congressional Budget Act of 1974. Section 302(a)(3) of such Act shall not apply to such separate allocation. (b) Section 302 allocations The separate allocation referred to in subsection (a) shall be the exclusive allocation for Overseas Contingency Operations/Global War on Terrorism under section 302(b) of the Congressional Budget Act of 1974. The Committee on Appropriations of the House of Representatives may provide suballocations of such separate allocation under such section 302(b). (c) Application For purposes of enforcing the separate allocation referred to in subsection (a) under section 302(f) of the Congressional Budget Act of 1974, the first fiscal year and the total of fiscal years shall be deemed to refer to fiscal year 2018. Section 302(c) of such Act shall not apply to such separate allocation. (d) Designations New budget authority or outlays shall only be counted toward the allocation referred to in subsection (a) if designated pursuant to section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. (e) Adjustments For purposes of subsection (a) for fiscal year 2018, no adjustment shall be made under section 314(a) of the Congressional Budget Act of 1974 if any adjustment would be made under section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. 5103. Limitation on changes in certain mandatory programs (a) Definition In this section, the term change in mandatory programs means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) if the provision were included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the total of the current year, the budget year, and all fiscal years covered under the most recently agreed to concurrent resolution on the budget. (b) Point of order in the House of Representatives (1) In general A provision in a bill or joint resolution making appropriations for a full fiscal year that proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3), shall not be in order in the House of Representatives. (2) Amendments and conference reports It shall not be in order in the House of Representatives to consider an amendment to, or a conference report on, a bill or joint resolution making appropriations for a full fiscal year if such amendment thereto or conference report thereon proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3). (3) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $19,100,000,000; (B) for fiscal year 2019, $17,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. 5104. Limitation on advance appropriations (a) In general In the House of Representatives, except as provided for in subsection (b), any general appropriation bill or bill or joint resolution continuing appropriations, or amendment thereto or conference report thereon, may not provide advance appropriations. (b) Exceptions An advance appropriation may be provided for programs, projects, activities, or accounts identified in the report or the joint explanatory statement of managers, as applicable, accompanying this concurrent resolution under the following headings: (1) General Accounts Identified for Advance Appropriations . (2) Veterans Veterans Accounts Identified for Advance Appropriations . (c) Limitations The aggregate level of advance appropriations shall not exceed the following: (1) General $28,852,000,000 in new budget authority for all programs identified pursuant to subsection (b)(1). (2) Veterans $70,699,313,000 in new budget authority for programs in the Department of Veterans Affairs identified pursuant to subsection (b)(2). (d) Definition In this section, the term advance appropriation means any new discretionary budget authority provided in a general appropriation bill or joint resolution continuing appropriations for fiscal year 2018, or any amendment thereto or conference report thereon, that first becomes available for the first fiscal year following fiscal year 2018. 5105. Estimates of debt service costs In the House of Representatives, the chair of the Committee on the Budget may direct the Congressional Budget Office to include, in any estimate prepared under section 402 of the Congressional Budget Act of 1974 with respect to any bill or joint resolution, an estimate of any change in debt service costs resulting from carrying out such bill or resolution. Any estimate of debt service costs provided under this section shall be advisory and shall not be used for purposes of enforcement of such Act, the Rules of the House of Representatives, or this concurrent resolution. This section shall not apply to authorizations of programs funded by discretionary spending or to appropriation bills or joint resolutions, but shall apply to changes in the authorization level of appropriated entitlements. 5106. Fair-value credit estimates (a) All credit programs Whenever the Director of the Congressional Budget Office provides an estimate of any measure that establishes or modifies any program providing loans or loan guarantees, the Director shall also, to the extent practicable, provide a fair-value estimate of such loan or loan guarantee program if requested by the chair of the Committee on the Budget of the House of Representatives. (b) Student financial assistance and housing programs The Director of the Congressional Budget Office shall provide, to the extent practicable, a fair-value estimate as part of any estimate for any measure that establishes or modifies a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). (c) Baseline estimates The Congressional Budget Office shall include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and such other major loan and loan guarantee programs, as practicable, in its The Budget and Economic Outlook: 2018 to 2027. (d) Enforcement in the House of Representatives If the Director of the Congressional Budget Office provides an estimate pursuant to subsection (a) or (b), the chair of the Committee on the Budget of the House of Representatives may use such estimate to determine compliance with the Congressional Budget Act of 1974 and other budget enforcement requirements. 5107. Estimates of macroeconomic effects of major legislation (a) CBO and JCT estimates During the 115th Congress, any estimate of major legislation considered in the House of Representatives provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act shall, to the extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of the major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974; and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Definitions In this section: (1) Major legislation The term major legislation means a bill or joint resolution, or amendment thereto or conference report thereon— (A) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (B) designated as such by— (i) the chair of the Committee on the Budget of the House of Representatives for all direct spending legislation; or (ii) the Member who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 5108. Adjustments for improved control of budgetary resources (a) Adjustments of discretionary and direct spending levels In the House of Representatives, if a committee (other than the Committee on Appropriations) reports a bill or joint resolution, or an amendment thereto is offered or conference report thereon is submitted, providing for a decrease in direct spending (budget authority and outlays flowing therefrom) for any fiscal year and also provides for an authorization of appropriations for the same purpose, upon the enactment of such measure, the chair of the Committee on the Budget may decrease the allocation to the applicable authorizing committee that reports such measure and increase the allocation of discretionary spending (budget authority and outlays flowing therefrom) to the Committee on Appropriations for fiscal year 2018 by an amount equal to the new budget authority (and outlays flowing therefrom) provided for in a bill or joint resolution making appropriations for the same purpose. (b) Determinations In the House of Representatives, for purposes of enforcing this concurrent resolution, the allocations and aggregate levels of new budget authority, outlays, direct spending, revenues, deficits, and surpluses for fiscal year 2018 and the total of fiscal years 2018 through 2027 shall be determined on the basis of estimates made by the chair of the Committee on the Budget and such chair may adjust the applicable levels in this concurrent resolution. 5109. Scoring rule for Energy Savings Performance Contracts (a) In general The Director of the Congressional Budget Office shall estimate provisions of any bill or joint resolution, or amendment thereto or conference report thereon, that provides the authority to enter into or modify any covered energy savings contract on a net present value basis (NPV). (b) NPV calculations The net present value of any covered energy savings contract shall be calculated as follows: (1) The discount rate shall reflect market risk. (2) The cash flows shall include, whether classified as mandatory or discretionary, payments to contractors under the terms of their contracts, payments to contractors for other services, and direct savings in energy and energy-related costs. (3) The stream of payments shall cover the period covered by the contracts but not to exceed 25 years. (c) Definition As used in this section, the term covered energy savings contract means— (1) an energy savings performance contract authorized under section 801 of the National Energy Conservation Policy Act; or (2) a utility energy service contract, as described in the Office of Management and Budget Memorandum on Federal Use of Energy Savings Performance Contracting, dated July 25, 1998 (M–98–13), and the Office of Management and Budget Memorandum on the Federal Use of Energy Saving Performance Contracts and Utility Energy Service Contracts, dated September 28, 2015 (M–12–21), or any successor to either memorandum. (d) Enforcement in the House of Representatives In the House of Representatives, if any net present value of any covered energy savings contract calculated under subsection (b) results in a net savings, then the budgetary effects of such contract shall not be counted for purposes of titles III and IV of the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. (e) Classification of spending For purposes of budget enforcement, the estimated net present value of the budget authority provided by the measure, and outlays flowing therefrom, shall be classified as direct spending. (f) Sense of the House of Representatives It is the sense of the House of Representatives that— (1) the Director of the Office of Management and Budget, in consultation with the Director of the Congressional Budget Office, should separately identify the cash flows under subsection (b)(2) and include such information in the President’s annual budget submission under section 1105(a) of title 31, United States Code; and (2) the scoring method used in this section should not be used to score any contracts other than covered energy savings contracts. 5110. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund In the House of Representatives, for purposes of the Congressional Budget Act of 1974, the Balanced Budget and Emergency Deficit Control Act of 1985, and the rules or orders of the House of Representatives, a bill or joint resolution, or an amendment thereto or conference report thereon, that transfers funds from the general fund of the Treasury to the Highway Trust Fund shall be counted as new budget authority and outlays equal to the amount of the transfer in the fiscal year the transfer occurs. 5111. Prohibition on use of Federal Reserve surpluses as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that transfers any portion of the net surplus of the Federal Reserve System to the general fund of the Treasury shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 5112. Prohibition on use of guarantee fees as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that increases, or extends the increase of, any guarantee fees of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 5113. Modification of reconciliation in the House of Representatives (a) In general Section 2002 shall have no force or effect. (b) Reconciliation in the House of Representatives Not later than November 13, 2017, the Committee on Ways and Means of the House of Representatives shall report to the House of Representatives changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027. B Other provisions 5201. Budgetary treatment of administrative expenses (a) In general In the House of Representatives, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974, section 13301 of the Budget Enforcement Act of 1990, and section 2009a of title 39, United States Code, the report or the joint explanatory statement, as applicable, accompanying this concurrent resolution shall include in its allocation to the Committee on Appropriations under section 302(a) of the Congressional Budget Act of 1974 amounts for the discretionary administrative expenses of the Social Security Administration and the United States Postal Service. (b) Special rule In the House of Representatives, for purposes of enforcing section 302(f) of the Congressional Budget Act of 1974, estimates of the levels of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 5202. Application and effect of changes in allocations and aggregates (a) Application In the House of Representatives, any adjustments of the allocations, aggregates, and other budgetary levels made pursuant to this concurrent resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 as the allocations and aggregates contained in this concurrent resolution. (c) Budget Committee determinations For purposes of this concurrent resolution, the budgetary levels for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the chair of the Committee on the Budget of the House of Representatives. (d) Aggregates, allocations and application In the House of Representatives, for purposes of this concurrent resolution and budget enforcement, the consideration of any bill or joint resolution, or amendment thereto or conference report thereon, for which the chair of the Committee on the Budget makes adjustments or revisions in the allocations, aggregates, and other budgetary levels of this concurrent resolution shall not be subject to the points of order set forth in clause 10 of rule XXI of the Rules of the House of Representatives or section 5101 of this concurrent resolution. (e) Other adjustments The chair of the Committee on the Budget of the House of Representatives may adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. 5203. Adjustments to reflect changes in concepts and definitions In the House of Representatives, the chair of the Committee on the Budget may adjust the appropriate aggregates, allocations, and other budgetary levels in this concurrent resolution for any change in budgetary concepts and definitions consistent with section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985. 5204. Adjustment for changes in the baseline In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, reconciliation targets, and other appropriate budgetary levels in this concurrent resolution to reflect changes resulting from the Congressional Budget Office’s update to its baseline for fiscal years 2018 through 2027. 5205. Application of rule regarding limits on discretionary spending Section 314(f) of the Congressional Budget Act of 1974 shall not apply in the House of Representatives to any bill, joint resolution, or amendment that provides new budget authority for a fiscal year or to any conference report on any such bill or resolution if— (1) the enactment of that bill or resolution; (2) the adoption and enactment of that amendment; or (3) the enactment of that bill or resolution in the form recommended in that conference report, would not cause the 302(a) allocation to the Committee on Appropriations for fiscal year 2018 to be exceeded. 5206. Enforcement filing in the House In the House of Representatives, if a concurrent resolution on the budget for fiscal year 2018 is adopted without the appointment of a committee of conference on the disagreeing votes of the two Houses with respect to this concurrent resolution on the budget, for the purpose of enforcing the Congressional Budget Act of 1974 and applicable rules and requirements set forth in the concurrent resolution on the budget, the allocations and list provided for in this section shall apply in the House of Representatives in the same manner as if such allocations and list were in a joint explanatory statement accompanying a conference report on the budget for fiscal year 2018. The chair of the Committee on the Budget of the House of Representatives shall submit a statement for publication in the Congressional Record containing— (1) for the Committee on Appropriations, committee allocations for fiscal year 2018 consistent with title I for the purpose of enforcing section 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); (2) for all committees other than the Committee on Appropriations, committee allocations consistent with title I for fiscal year 2018 and for the period of fiscal years 2018 through 2027 for the purpose of enforcing 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); and (3) a list of programs, projects, activities, or accounts identified for advance appropriations for the purpose of enforcing section 5104 of this concurrent resolution. 5207. Exercise of rulemaking powers The House of Representatives adopts the provisions of this title and section 2002— (1) as an exercise of the rulemaking power of the House of Representatives, and as such they shall be considered as part of the rules of the House of Representatives, and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the House of Representatives to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the House of Representatives. C Adjustment authority 5301. Adjustment authority for amendments to statutory caps During the 115th Congress, if a measure becomes law that amends the discretionary spending limits established under section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(c) ), such as a measure increasing the limit for the revised security category for fiscal year 2018 to be $640,000,000,000, the chair of the Committee on the Budget of the House of Representatives may adjust the allocation called for under section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the appropriate committee or committees of the House of Representatives, and may adjust all other budgetary aggregates, allocations, levels, and limits contained in this resolution, as necessary, consistent with such measure. D Reserve funds 5401. Reserve fund for investments in national infrastructure In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate levels in this concurrent resolution for any bill or joint resolution, or amendment thereto or conference report thereon, that invests in national infrastructure to the extent that such measure is deficit neutral for the total of fiscal years 2018 through 2027. 5402. Reserve fund for comprehensive tax reform In the House of Representatives, if the Committee on Ways and Means reports a bill or joint resolution that provides for comprehensive tax reform, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any such bill or joint resolution, or amendment thereto or conference report thereon, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 5403. Reserve fund for the State Children’s Health Insurance Program In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, budget aggregates and other appropriate levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that extends the State Children’s Health Insurance Program allotments, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 5404. Reserve fund for the repeal or replacement of President Obama’s health care laws In the House of Representatives, the chair of the Committee on the Budget may revise the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that repeals or replaces any provision of the Patient Protection and Affordable Care Act or title I or subtitle B of title II of the Health Care and Education Reconciliation Act of 2010 by the amount of budget authority and outlays flowing therefrom provided by such measure for such purpose.

Secretary

tv_txt: IV Union Calendar No. 172 115th CONGRESS 1st Session H. CON. RES. 71 [Report No. 115–240] IN THE HOUSE OF REPRESENTATIVES July 21, 2017 Mrs. Black , from the Committee on the Budget , reported the following concurrent resolution; which was committed to the Committee of the Whole House on the State of the Union and ordered to be printed CONCURRENT RESOLUTION Establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.

1. Concurrent resolution on the budget for fiscal year 2018 (a) Declaration The Congress determines and declares that prior concurrent resolutions on the budget are replaced as of fiscal year 2018 and that this concurrent resolution establishes the budget for fiscal year 2018 and sets forth the appropriate budgetary levels for fiscal years 2019 through 2027. (b) Table of Contents The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2018. Title I—Recommended levels and amounts Sec. 101. Recommended levels and amounts. Sec. 102. Major functional categories. Title II—Reconciliation and Related Matters Sec. 201. Reconciliation in the House of Representatives. Title III—Budget enforcement in the House of Representatives Subtitle A—Budget enforcement Sec. 301. Point of order against increasing long-term direct spending. Sec. 302. Allocation for Overseas Contingency Operations/Global War on Terrorism. Sec. 303. Limitation on changes in certain mandatory programs. Sec. 304. Limitation on advance appropriations. Sec. 305. Estimates of debt service costs. Sec. 306. Fair-value credit estimates. Sec. 307. Estimates of macroeconomic effects of major legislation. Sec. 308. Adjustments for improved control of budgetary resources. Sec. 309. Scoring rule for Energy Savings Performance Contracts. Sec. 310. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund. Sec. 311. Prohibition on use of Federal Reserve surpluses as an offset. Sec. 312. Prohibition on use of guarantee fees as an offset. Subtitle B—Other provisions Sec. 321. Budgetary treatment of administrative expenses. Sec. 322. Application and effect of changes in allocations and aggregates. Sec. 323. Adjustments to reflect changes in concepts and definitions. Sec. 324. Adjustment for changes in the baseline. Sec. 325. Application of rule regarding limits on discretionary spending. Sec. 326. Exercise of rulemaking powers. Title IV—Reserve funds in the House of Representatives Sec. 401. Reserve fund for commercialization of air traffic control. Sec. 402. Reserve fund for investments in national infrastructure. Sec. 403. Reserve fund for comprehensive tax reform. Sec. 404. Reserve fund for the State Children’s Health Insurance Program. Sec. 405. Reserve fund for the repeal or replacement of President Obama’s health care laws. Title V—Policy Statements in the House of Representatives Sec. 501. Policy statement on a balanced budget amendment. Sec. 502. Policy statement on budget process reform. Sec. 503. Policy statement on Federal regulatory budgeting and reform. Sec. 504. Policy statement on unauthorized appropriations. Sec. 505. Policy statement on Federal accounting. Sec. 506. Policy statement on Commission on Budget Concepts. Sec. 507. Policy statement on budget enforcement. Sec. 508. Policy statement on improper payments. Sec. 509. Policy statement on expenditures from agency fees and spending. Sec. 510. Policy statement on promoting real health care reform. Sec. 511. Policy statement on Medicare. Sec. 512. Policy statement on combating the opioid epidemic. Sec. 513. Policy statement on the State Children’s Health Insurance Program. Sec. 514. Policy statement on medical discovery, development, delivery, and innovation. Sec. 515. Policy statement on public health preparedness. Sec. 516. Policy statement on Social Security. Sec. 517. Policy statement on Medicaid work requirements. Sec. 518. Policy statement on welfare reform and Supplemental Nutrition Assistance Program work requirements. Sec. 519. Policy Statement on State flexibility in Supplemental Nutrition Assistance Program. Sec. 520. Policy statement on higher education and workforce development opportunity. Sec. 521. Policy statement on supplemental wildfire suppression funding. Sec. 522. Policy statement on the Department of Veterans Affairs. Sec. 523. Policy statement on moving the United States Postal Service on budget. Sec. 524. Policy statement on the Judgment Fund. Sec. 525. Policy statement on responsible stewardship of taxpayer dollars. Sec. 526. Policy statement on tax reform. I Recommended levels and amounts 101. Recommended levels and amounts The following budgetary levels are appropriate for each of fiscal years 2018 through 2027: (1) Federal revenues For purposes of the enforcement of this concurrent resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2018: $2,670,356,000,000. Fiscal year 2019: $2,767,357,000,000. Fiscal year 2020: $2,870,414,000,000. Fiscal year 2021: $2,963,953,000,000. Fiscal year 2022: $3,077,586,000,000. Fiscal year 2023: $3,195,139,000,000. Fiscal year 2024: $3,325,690,000,000. Fiscal year 2025: $3,475,784,000,000. Fiscal year 2026: $3,642,629,000,000. Fiscal year 2027: $3,811,687,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2018: -$63,213,000,000. Fiscal year 2019: -$66,151,000,000. Fiscal year 2020: -$80,162,000,000. Fiscal year 2021: -$95,958,000,000. Fiscal year 2022: -$105,330,000,000. Fiscal year 2023: -$122,777,000,000. Fiscal year 2024: -$136,738,000,000. Fiscal year 2025: -$146,394,000,000. Fiscal year 2026: -$146,749,000,000. Fiscal year 2027: -$146,700,000,000. (2) New budget authority For purposes of the enforcement of this concurrent resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,232,597,000,000. Fiscal year 2019: $3,286,018,000,000. Fiscal year 2020: $3,299,573,000,000. Fiscal year 2021: $3,290,186,000,000. Fiscal year 2022: $3,441,975,000,000. Fiscal year 2023: $3,483,686,000,000. Fiscal year 2024: $3,528,872,000,000. Fiscal year 2025: $3,655,413,000,000. Fiscal year 2026: $3,746,208,000,000. Fiscal year 2027: $3,824,652,000,000. (3) Budget outlays For purposes of the enforcement of this concurrent resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,164,885,000,000. Fiscal year 2019: $3,265,306,000,000. Fiscal year 2020: $3,283,026,000,000. Fiscal year 2021: $3,323,464,000,000. Fiscal year 2022: $3,441,603,000,000. Fiscal year 2023: $3,467,047,000,000. Fiscal year 2024: $3,497,308,000,000. Fiscal year 2025: $3,620,210,000,000. Fiscal year 2026: $3,727,971,000,000. Fiscal year 2027: $3,806,792,000,000. (4) Deficits (on-budget) For purposes of the enforcement of this concurrent resolution, the amounts of the deficits (on-budget) are as follows: Fiscal year 2018: $494,529,000,000. Fiscal year 2019: $497,949,000,000. Fiscal year 2020: $412,612,000,000. Fiscal year 2021: $359,511,000,000. Fiscal year 2022: $364,017,000,000. Fiscal year 2023: $271,908,000,000. Fiscal year 2024: $171,618,000,000. Fiscal year 2025: $144,426,000,000. Fiscal year 2026: $85,342,000,000. Fiscal year 2027: -$4,895,000,000. (5) Debt subject to limit The appropriate levels of debt subject to limit are as follows: Fiscal year 2018: $21,059,756,000,000. Fiscal year 2019: $21,720,619,000,000. Fiscal year 2020: $22,263,387,000,000. Fiscal year 2021: $22,717,657,000,000. Fiscal year 2022: $23,120,068,000,000. Fiscal year 2023: $23,414,924,000,000. Fiscal year 2024: $23,577,205,000,000. Fiscal year 2025: $23,665,687,000,000. Fiscal year 2026: $23,701,446,000,000. Fiscal year 2027: $23,484,672,000,000. (6) Debt held by the public The appropriate levels of debt held by the public are as follows: Fiscal year 2018: $15,399,966,000,000. Fiscal year 2019: $15,971,804,000,000. Fiscal year 2020: $16,477,150,000,000. Fiscal year 2021: $16,920,847,000,000. Fiscal year 2022: $17,371,706,000,000. Fiscal year 2023: $17,720,326,000,000. Fiscal year 2024: $17,949,306,000,000. Fiscal year 2025: $18,156,356,000,000. Fiscal year 2026: $18,299,466,000,000. Fiscal year 2027: $18,345,826,000,000. 102. Major functional categories The Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2018 through 2027 for each major functional category are: (1) National Defense (050): Fiscal year 2018: (A) New budget authority, $629,595,000,000. (B) Outlays, $607,810,000,000. Fiscal year 2019: (A) New budget authority, $660,832,000,000. (B) Outlays, $636,795,000,000. Fiscal year 2020: (A) New budget authority, $693,646,000,000. (B) Outlays, $666,519,000,000. Fiscal year 2021: (A) New budget authority, $728,125,000,000. (B) Outlays, $698,761,000,000. Fiscal year 2022: (A) New budget authority, $731,818,000,000. (B) Outlays, $717,568,000,000. Fiscal year 2023: (A) New budget authority, $735,468,000,000. (B) Outlays, $720,401,000,000. Fiscal year 2024: (A) New budget authority, $739,157,000,000. (B) Outlays, $720,755,000,000. Fiscal year 2025: (A) New budget authority, $742,886,000,000. (B) Outlays, $729,581,000,000. Fiscal year 2026: (A) New budget authority, $747,414,000,000. (B) Outlays, $734,037,000,000. Fiscal year 2027: (A) New budget authority, $751,098,000,000. (B) Outlays, $737,798,000,000. (2) International Affairs (150): Fiscal year 2018: (A) New budget authority, $41,521,000,000. (B) Outlays, $43,643,000,000. Fiscal year 2019: (A) New budget authority, $40,210,000,000. (B) Outlays, $41,207,000,000. Fiscal year 2020: (A) New budget authority, $39,428,000,000. (B) Outlays, $39,965,000,000. Fiscal year 2021: (A) New budget authority, $38,654,000,000. (B) Outlays, $38,585,000,000. Fiscal year 2022: (A) New budget authority, $37,623,000,000. (B) Outlays, $38,021,000,000. Fiscal year 2023: (A) New budget authority, $38,445,000,000. (B) Outlays, $37,795,000,000. Fiscal year 2024: (A) New budget authority, $39,285,000,000. (B) Outlays, $38,102,000,000. Fiscal year 2025: (A) New budget authority, $40,174,000,000. (B) Outlays, $38,643,000,000. Fiscal year 2026: (A) New budget authority, $41,121,000,000. (B) Outlays, $39,365,000,000. Fiscal year 2027: (A) New budget authority, $42,025,000,000. (B) Outlays, $40,175,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2018: (A) New budget authority, $28,524,000,000. (B) Outlays, $30,072,000,000. Fiscal year 2019: (A) New budget authority, $29,107,000,000. (B) Outlays, $29,365,000,000. Fiscal year 2020: (A) New budget authority, $29,702,000,000. (B) Outlays, $29,360,000,000. Fiscal year 2021: (A) New budget authority, $30,346,000,000. (B) Outlays, $29,718,000,000. Fiscal year 2022: (A) New budget authority, $31,018,000,000. (B) Outlays, $30,259,000,000. Fiscal year 2023: (A) New budget authority, $31,694,000,000. (B) Outlays, $30,797,000,000. Fiscal year 2024: (A) New budget authority, $32,378,000,000. (B) Outlays, $31,325,000,000. Fiscal year 2025: (A) New budget authority, $33,112,000,000. (B) Outlays, $31,928,000,000. Fiscal year 2026: (A) New budget authority, $33,854,000,000. (B) Outlays, $32,550,000,000. Fiscal year 2027: (A) New budget authority, $34,602,000,000. (B) Outlays, $33,162,000,000. (4) Energy (270): Fiscal year 2018: (A) New budget authority, -$3,088,000,000. (B) Outlays, $2,559,000,000. Fiscal year 2019: (A) New budget authority, $1,704,000,000. (B) Outlays, $1,714,000,000. Fiscal year 2020: (A) New budget authority, -$11,179,000,000. (B) Outlays, -$11,813,000,000. Fiscal year 2021: (A) New budget authority, $1,871,000,000. (B) Outlays, $786,000,000. Fiscal year 2022: (A) New budget authority, $1,705,000,000. (B) Outlays, $445,000,000. Fiscal year 2023: (A) New budget authority, $754,000,000. (B) Outlays, -$491,000,000. Fiscal year 2024: (A) New budget authority, $437,000,000. (B) Outlays, -$727,000,000. Fiscal year 2025: (A) New budget authority, -$4,000,000. (B) Outlays, -$1,052,000,000. Fiscal year 2026: (A) New budget authority, $2,233,000,000. (B) Outlays, $1,207,000,000. Fiscal year 2027: (A) New budget authority, $2,324,000,000. (B) Outlays, $1,370,000,000. (5) Natural Resources and Environment (300): Fiscal year 2018: (A) New budget authority, $31,720,000,000. (B) Outlays, $35,641,000,000. Fiscal year 2019: (A) New budget authority, $31,856,000,000. (B) Outlays, $33,751,000,000. Fiscal year 2020: (A) New budget authority, $33,255,000,000. (B) Outlays, $33,581,000,000. Fiscal year 2021: (A) New budget authority, $32,704,000,000. (B) Outlays, $32,652,000,000. Fiscal year 2022: (A) New budget authority, $34,295,000,000. (B) Outlays, $33,909,000,000. Fiscal year 2023: (A) New budget authority, $34,684,000,000. (B) Outlays, $34,186,000,000. Fiscal year 2024: (A) New budget authority, $34,598,000,000. (B) Outlays, $34,081,000,000. Fiscal year 2025: (A) New budget authority, $35,520,000,000. (B) Outlays, $34,921,000,000. Fiscal year 2026: (A) New budget authority, $36,186,000,000. (B) Outlays, $35,526,000,000. Fiscal year 2027: (A) New budget authority, $36,742,000,000. (B) Outlays, $36,078,000,000. (6) Agriculture (350): Fiscal year 2018: (A) New budget authority, $24,223,000,000. (B) Outlays, $22,913,000,000. Fiscal year 2019: (A) New budget authority, $21,091,000,000. (B) Outlays, $20,200,000,000. Fiscal year 2020: (A) New budget authority, $19,786,000,000. (B) Outlays, $19,293,000,000. Fiscal year 2021: (A) New budget authority, $18,217,000,000. (B) Outlays, $17,660,000,000. Fiscal year 2022: (A) New budget authority, $17,835,000,000. (B) Outlays, $17,339,000,000. Fiscal year 2023: (A) New budget authority, $18,153,000,000. (B) Outlays, $17,713,000,000. Fiscal year 2024: (A) New budget authority, $18,880,000,000. (B) Outlays, $18,331,000,000. Fiscal year 2025: (A) New budget authority, $19,863,000,000. (B) Outlays, $19,225,000,000. Fiscal year 2026: (A) New budget authority, $20,214,000,000. (B) Outlays, $19,593,000,000. Fiscal year 2027: (A) New budget authority, $20,422,000,000. (B) Outlays, $19,817,000,000. (7) Commerce and Housing Credit (370): Fiscal year 2018: (A) New budget authority, -$7,287,000,000. (B) Outlays, -$19,601,000,000. Fiscal year 2019: (A) New budget authority, -$7,517,000,000. (B) Outlays, -$15,753,000,000. Fiscal year 2020: (A) New budget authority, -$10,358,000,000. (B) Outlays, -$18,126,000,000. Fiscal year 2021: (A) New budget authority, -$13,446,000,000. (B) Outlays, -$22,106,000,000. Fiscal year 2022: (A) New budget authority, -$12,880,000,000. (B) Outlays, -$22,470,000,000. Fiscal year 2023: (A) New budget authority, -$12,330,000,000. (B) Outlays, -$22,598,000,000. Fiscal year 2024: (A) New budget authority, -$10,989,000,000. (B) Outlays, -$22,362,000,000. Fiscal year 2025: (A) New budget authority, -$10,255,000,000. (B) Outlays, -$22,849,000,000. Fiscal year 2026: (A) New budget authority, -$11,141,000,000. (B) Outlays, -$23,569,000,000. Fiscal year 2027: (A) New budget authority, -$11,933,000,000. (B) Outlays, -$24,521,000,000. (8) Transportation (400): Fiscal year 2018: (A) New budget authority, $88,095,000,000. (B) Outlays, $91,796,000,000. Fiscal year 2019: (A) New budget authority, $88,892,000,000. (B) Outlays, $90,602,000,000. Fiscal year 2020: (A) New budget authority, $82,748,000,000. (B) Outlays, $90,508,000,000. Fiscal year 2021: (A) New budget authority, $37,190,000,000. (B) Outlays, $77,995,000,000. Fiscal year 2022: (A) New budget authority, $66,950,000,000. (B) Outlays, $65,076,000,000. Fiscal year 2023: (A) New budget authority, $66,895,000,000. (B) Outlays, $68,694,000,000. Fiscal year 2024: (A) New budget authority, $67,483,000,000. (B) Outlays, $69,617,000,000. Fiscal year 2025: (A) New budget authority, $68,481,000,000. (B) Outlays, $69,074,000,000. Fiscal year 2026: (A) New budget authority, $69,714,000,000. (B) Outlays, $69,044,000,000. Fiscal year 2027: (A) New budget authority, $70,948,000,000. (B) Outlays, $69,741,000,000. (9) Community and Regional Development (450): Fiscal year 2018: (A) New budget authority, $4,365,000,000. (B) Outlays, $18,626,000,000. Fiscal year 2019: (A) New budget authority, $4,170,000,000. (B) Outlays, $16,983,000,000. Fiscal year 2020: (A) New budget authority, $4,240,000,000. (B) Outlays, $11,842,000,000. Fiscal year 2021: (A) New budget authority, $4,353,000,000. (B) Outlays, $9,558,000,000. Fiscal year 2022: (A) New budget authority, $4,487,000,000. (B) Outlays, $6,386,000,000. Fiscal year 2023: (A) New budget authority, $4,556,000,000. (B) Outlays, $5,090,000,000. Fiscal year 2024: (A) New budget authority, $4,673,000,000. (B) Outlays, $4,745,000,000. Fiscal year 2025: (A) New budget authority, $4,857,000,000. (B) Outlays, $4,767,000,000. Fiscal year 2026: (A) New budget authority, $5,077,000,000. (B) Outlays, $4,805,000,000. Fiscal year 2027: (A) New budget authority, $4,953,000,000. (B) Outlays, $4,809,000,000. (10) Education, Training, Employment, and Social Services (500): Fiscal year 2018: (A) New budget authority, $69,920,000,000. (B) Outlays, $89,295,000,000. Fiscal year 2019: (A) New budget authority, $79,090,000,000. (B) Outlays, $81,404,000,000. Fiscal year 2020: (A) New budget authority, $80,305,000,000. (B) Outlays, $81,129,000,000. Fiscal year 2021: (A) New budget authority, $81,922,000,000. (B) Outlays, $82,479,000,000. Fiscal year 2022: (A) New budget authority, $82,350,000,000. (B) Outlays, $83,539,000,000. Fiscal year 2023: (A) New budget authority, $86,279,000,000. (B) Outlays, $85,843,000,000. Fiscal year 2024: (A) New budget authority, $86,641,000,000. (B) Outlays, $87,897,000,000. Fiscal year 2025: (A) New budget authority, $86,977,000,000. (B) Outlays, $88,522,000,000. Fiscal year 2026: (A) New budget authority, $87,459,000,000. (B) Outlays, $89,186,000,000. Fiscal year 2027: (A) New budget authority, $88,216,000,000. (B) Outlays, $90,080,000,000. (11) Health (550): Fiscal year 2018: (A) New budget authority, $579,328,000,000. (B) Outlays, $551,277,000,000. Fiscal year 2019: (A) New budget authority, $564,387,000,000. (B) Outlays, $570,419,000,000. Fiscal year 2020: (A) New budget authority, $552,405,000,000. (B) Outlays, $541,949,000,000. Fiscal year 2021: (A) New budget authority, $512,289,000,000. (B) Outlays, $518,445,000,000. Fiscal year 2022: (A) New budget authority, $528,560,000,000. (B) Outlays, $533,688,000,000. Fiscal year 2023: (A) New budget authority, $547,998,000,000. (B) Outlays, $549,687,000,000. Fiscal year 2024: (A) New budget authority, $571,335,000,000. (B) Outlays, $569,207,000,000. Fiscal year 2025: (A) New budget authority, $594,923,000,000. (B) Outlays, $591,171,000,000. Fiscal year 2026: (A) New budget authority, $618,119,000,000. (B) Outlays, $613,682,000,000. Fiscal year 2027: (A) New budget authority, $623,810,000,000. (B) Outlays, $626,774,000,000. (12) Medicare (570): Fiscal year 2018: (A) New budget authority, $593,830,000,000. (B) Outlays, $593,567,000,000. Fiscal year 2019: (A) New budget authority, $652,984,000,000. (B) Outlays, $652,740,000,000. Fiscal year 2020: (A) New budget authority, $692,126,000,000. (B) Outlays, $691,917,000,000. Fiscal year 2021: (A) New budget authority, $739,367,000,000. (B) Outlays, $739,161,000,000. Fiscal year 2022: (A) New budget authority, $826,276,000,000. (B) Outlays, $826,057,000,000. Fiscal year 2023: (A) New budget authority, $845,800,000,000. (B) Outlays, $845,593,000,000. Fiscal year 2024: (A) New budget authority, $850,393,000,000. (B) Outlays, $850,177,000,000. Fiscal year 2025: (A) New budget authority, $916,244,000,000. (B) Outlays, $916,009,000,000. Fiscal year 2026: (A) New budget authority, $988,183,000,000. (B) Outlays, $987,942,000,000. Fiscal year 2027: (A) New budget authority, $1,053,671,000,000. (B) Outlays, $1,053,435,000,000. (13) Income Security (600): Fiscal year 2018: (A) New budget authority, $491,789,000,000. (B) Outlays, $477,428,000,000. Fiscal year 2019: (A) New budget authority, $464,425,000,000. (B) Outlays, $454,786,000,000. Fiscal year 2020: (A) New budget authority, $475,015,000,000. (B) Outlays, $464,925,000,000. Fiscal year 2021: (A) New budget authority, $484,414,000,000. (B) Outlays, $475,140,000,000. Fiscal year 2022: (A) New budget authority, $492,453,000,000. (B) Outlays, $489,299,000,000. Fiscal year 2023: (A) New budget authority, $475,767,000,000. (B) Outlays, $468,217,000,000. Fiscal year 2024: (A) New budget authority, $484,425,000,000. (B) Outlays, $471,370,000,000. Fiscal year 2025: (A) New budget authority, $493,048,000,000. (B) Outlays, $480,920,000,000. Fiscal year 2026: (A) New budget authority, $502,057,000,000. (B) Outlays, $496,505,000,000. Fiscal year 2027: (A) New budget authority, $511,675,000,000. (B) Outlays, $505,382,000,000. (14) Social Security (650): Fiscal year 2018: (A) New budget authority, $39,475,000,000. (B) Outlays, $39,475,000,000. Fiscal year 2019: (A) New budget authority, $43,016,000,000. (B) Outlays, $43,016,000,000. Fiscal year 2020: (A) New budget authority, $46,287,000,000. (B) Outlays, $46,287,000,000. Fiscal year 2021: (A) New budget authority, $49,748,000,000. (B) Outlays, $49,748,000,000. Fiscal year 2022: (A) New budget authority, $53,392,000,000. (B) Outlays, $53,392,000,000. Fiscal year 2023: (A) New budget authority, $57,378,000,000. (B) Outlays, $57,378,000,000. Fiscal year 2024: (A) New budget authority, $61,764,000,000. (B) Outlays, $61,764,000,000. Fiscal year 2025: (A) New budget authority, $66,388,000,000. (B) Outlays, $66,388,000,000. Fiscal year 2026: (A) New budget authority, $70,871,000,000. (B) Outlays, $70,871,000,000. Fiscal year 2027: (A) New budget authority, $75,473,000,000. (B) Outlays, $75,473,000,000. (15) Veterans Benefits and Services (700): Fiscal year 2018: (A) New budget authority, $176,704,000,000. (B) Outlays, $178,038,000,000. Fiscal year 2019: (A) New budget authority, $191,507,000,000. (B) Outlays, $190,235,000,000. Fiscal year 2020: (A) New budget authority, $194,930,000,000. (B) Outlays, $193,931,000,000. Fiscal year 2021: (A) New budget authority, $199,751,000,000. (B) Outlays, $197,856,000,000. Fiscal year 2022: (A) New budget authority, $215,442,000,000. (B) Outlays, $213,337,000,000. Fiscal year 2023: (A) New budget authority, $212,567,000,000. (B) Outlays, $210,444,000,000. Fiscal year 2024: (A) New budget authority, $209,943,000,000. (B) Outlays, $207,908,000,000. Fiscal year 2025: (A) New budget authority, $227,991,000,000. (B) Outlays, $225,820,000,000. Fiscal year 2026: (A) New budget authority, $234,947,000,000. (B) Outlays, $232,660,000,000. Fiscal year 2027: (A) New budget authority, $243,718,000,000. (B) Outlays, $241,501,000,000. (16) Administration of Justice (750): Fiscal year 2018: (A) New budget authority, $51,367,000,000. (B) Outlays, $61,079,000,000. Fiscal year 2019: (A) New budget authority, $58,245,000,000. (B) Outlays, $58,867,000,000. Fiscal year 2020: (A) New budget authority, $59,720,000,000. (B) Outlays, $60,036,000,000. Fiscal year 2021: (A) New budget authority, $61,054,000,000. (B) Outlays, $60,946,000,000. Fiscal year 2022: (A) New budget authority, $62,092,000,000. (B) Outlays, $61,925,000,000. Fiscal year 2023: (A) New budget authority, $63,671,000,000. (B) Outlays, $63,462,000,000. Fiscal year 2024: (A) New budget authority, $65,285,000,000. (B) Outlays, $65,043,000,000. Fiscal year 2025: (A) New budget authority, $66,947,000,000. (B) Outlays, $66,498,000,000. Fiscal year 2026: (A) New budget authority, $69,907,000,000. (B) Outlays, $70,200,000,000. Fiscal year 2027: (A) New budget authority, $70,270,000,000. (B) Outlays, $69,722,000,000. (17) General Government (800): Fiscal year 2018: (A) New budget authority, $23,564,000,000. (B) Outlays, $23,091,000,000. Fiscal year 2019: (A) New budget authority, $23,948,000,000. (B) Outlays, $23,314,000,000. Fiscal year 2020: (A) New budget authority, $23,557,000,000. (B) Outlays, $23,303,000,000. Fiscal year 2021: (A) New budget authority, $23,386,000,000. (B) Outlays, $23,190,000,000. Fiscal year 2022: (A) New budget authority, $23,127,000,000. (B) Outlays, $23,013,000,000. Fiscal year 2023: (A) New budget authority, $26,420,000,000. (B) Outlays, $26,057,000,000. Fiscal year 2024: (A) New budget authority, $26,351,000,000. (B) Outlays, $26,168,000,000. Fiscal year 2025: (A) New budget authority, $26,246,000,000. (B) Outlays, $26,060,000,000. Fiscal year 2026: (A) New budget authority, $26,083,000,000. (B) Outlays, $25,917,000,000. Fiscal year 2027: (A) New budget authority, $25,855,000,000. (B) Outlays, $25,722,000,000. (18) Net Interest (900): Fiscal year 2018: (A) New budget authority, $376,842,000,000. (B) Outlays, $376,842,000,000. Fiscal year 2019: (A) New budget authority, $409,185,000,000. (B) Outlays, $409,185,000,000. Fiscal year 2020: (A) New budget authority, $450,859,000,000. (B) Outlays, $450,859,000,000. Fiscal year 2021: (A) New budget authority, $493,778,000,000. (B) Outlays, $493,778,000,000. Fiscal year 2022: (A) New budget authority, $531,929,000,000. (B) Outlays, $531,929,000,000. Fiscal year 2023: (A) New budget authority, $565,282,000,000. (B) Outlays, $565,282,000,000. Fiscal year 2024: (A) New budget authority, $589,292,000,000. (B) Outlays, $589,292,000,000. Fiscal year 2025: (A) New budget authority, $607,012,000,000. (B) Outlays, $607,012,000,000. Fiscal year 2026: (A) New budget authority, $620,536,000,000. (B) Outlays, $620,536,000,000. Fiscal year 2027: (A) New budget authority, $623,786,000,000. (B) Outlays, $623,911,000,000. (19) Allowances (920): Fiscal year 2018: (A) New budget authority, -$44,505,000,000. (B) Outlays, -$23,272,000,000. Fiscal year 2019: (A) New budget authority, -$42,219,000,000. (B) Outlays, -$34,499,000,000. Fiscal year 2020: (A) New budget authority, -$45,246,000,000. (B) Outlays, -$40,640,000,000. Fiscal year 2021: (A) New budget authority, -$48,056,000,000. (B) Outlays, -$44,164,000,000. Fiscal year 2022: (A) New budget authority, -$50,544,000,000. (B) Outlays, -$47,877,000,000. Fiscal year 2023: (A) New budget authority, -$52,326,000,000. (B) Outlays, -$49,819,000,000. Fiscal year 2024: (A) New budget authority, -$53,659,000,000. (B) Outlays, -$51,411,000,000. Fiscal year 2025: (A) New budget authority, -$55,439,000,000. (B) Outlays, -$53,060,000,000. Fiscal year 2026: (A) New budget authority, -$51,908,000,000. (B) Outlays, -$52,127,000,000. Fiscal year 2027: (A) New budget authority, -$55,254,000,000. (B) Outlays, -$53,919,000,000. (20) Government-wide savings and adjustments (930): Fiscal year 2018: (A) New budget authority, $34,145,000,000. (B) Outlays, $2,778,000,000. Fiscal year 2019: (A) New budget authority, -$1,555,000,000. (B) Outlays, -$2,528,000,000. Fiscal year 2020: (A) New budget authority, -$67,381,000,000. (B) Outlays, -$47,665,000,000. Fiscal year 2021: (A) New budget authority, -$120,155,000,000. (B) Outlays, -$97,069,000,000. Fiscal year 2022: (A) New budget authority, -$153,376,000,000. (B) Outlays, -$137,459,000,000. Fiscal year 2023: (A) New budget authority, -$174,438,000,000. (B) Outlays, -$159,489,000,000. Fiscal year 2024: (A) New budget authority, -$194,373,000,000. (B) Outlays, -$179,541,000,000. Fiscal year 2025: (A) New budget authority, -$193,336,000,000. (B) Outlays, -$187,355,000,000. Fiscal year 2026: (A) New budget authority, -$246,573,000,000. (B) Outlays, -$223,016,000,000. Fiscal year 2027: (A) New budget authority, -$258,801,000,000. (B) Outlays, -$240,977,000,000. (21) Undistributed Offsetting Receipts (950): Fiscal year 2018: (A) New budget authority, -$83,212,000,000. (B) Outlays, -$83,212,000,000. Fiscal year 2019: (A) New budget authority, -$86,409,000,000. (B) Outlays, -$86,409,000,000. Fiscal year 2020: (A) New budget authority, -$86,316,000,000. (B) Outlays, -$86,316,000,000. Fiscal year 2021: (A) New budget authority, -$90,347,000,000. (B) Outlays, -$90,347,000,000. Fiscal year 2022: (A) New budget authority, -$93,573,000,000. (B) Outlays, -$93,573,000,000. Fiscal year 2023: (A) New budget authority, -$100,001,000,000. (B) Outlays, -$100,001,000,000. Fiscal year 2024: (A) New budget authority, -$105,371,000,000. (B) Outlays, -$105,371,000,000. Fiscal year 2025: (A) New budget authority, -$115,139,000,000. (B) Outlays, -$115,139,000,000. Fiscal year 2026: (A) New budget authority, -$117,033,000,000. (B) Outlays, -$117,033,000,000. Fiscal year 2027: (A) New budget authority, -$127,808,000,000. (B) Outlays, -$127,808,000,000. (22) Overseas Contingency Operations/Global War on Terrorism (970): Fiscal year 2018: (A) New budget authority, $86,591,000,000. (B) Outlays, $45,781,000,000. Fiscal year 2019: (A) New budget authority, $60,000,000,000. (B) Outlays, $50,748,000,000. Fiscal year 2020: (A) New budget authority, $43,000,000,000. (B) Outlays, $43,076,000,000. Fiscal year 2021: (A) New budget authority, $26,000,000,000. (B) Outlays, $31,635,000,000. Fiscal year 2022: (A) New budget authority, $12,000,000,000. (B) Outlays, $18,768,000,000. Fiscal year 2023: (A) New budget authority, $12,000,000,000. (B) Outlays, $13,799,000,000. Fiscal year 2024: (A) New budget authority, $12,000,000,000. (B) Outlays, $11,957,000,000. Fiscal year 2025: (A) New budget authority, $0. (B) Outlays, $4,171,000,000. Fiscal year 2026: (A) New budget authority, $0. (B) Outlays, $1,160,000,000. Fiscal year 2027: (A) New budget authority, $0. (B) Outlays, $165,000,000. (23) Across-the-Board Adjustment (990): Fiscal year 2018: (A) New budget authority, -$909,000,000. (B) Outlays, -$740,000,000. Fiscal year 2019: (A) New budget authority, -$931,000,000. (B) Outlays, -$837,000,000. Fiscal year 2020: (A) New budget authority, -$956,000,000. (B) Outlays, -$895,000,000. Fiscal year 2021: (A) New budget authority, -$979,000,000. (B) Outlays, -$944,000,000. Fiscal year 2022: (A) New budget authority, -$1,004,000,000. (B) Outlays, -$968,000,000. Fiscal year 2023: (A) New budget authority, -$1,030,000,000. (B) Outlays, -$993,000,000. Fiscal year 2024: (A) New budget authority, -$1,056,000,000. (B) Outlays, -$1,018,000,000. Fiscal year 2025: (A) New budget authority, -$1,083,000,000. (B) Outlays, -$1,045,000,000. Fiscal year 2026: (A) New budget authority, -$1,112,000,000. (B) Outlays, -$1,070,000,000. Fiscal year 2027: (A) New budget authority, -$1,140,000,000. (B) Outlays, -$1,099,000,000. II Reconciliation and Related Matters 201. Reconciliation in the House of Representatives (a) Submissions providing for reconciliation Not later than October 6, 2017, the committees named in subsection (b) shall submit their recommendations on changes in laws within their jurisdictions to the Committee on the Budget that would achieve the specified reduction in the deficit for the period of fiscal years 2018 through 2027. (b) Instructions (1) Committee on Agriculture The Committee on Agriculture shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $10,000,000,000 for the period of fiscal years 2018 through 2027. (2) Committee on Armed Services The Committee on Armed Services shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $1,000,000,000 for the period of fiscal years 2018 through 2027. (3) Committee on Education and the Workforce The Committee on Education and the Workforce shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $20,000,000,000 for the period of fiscal years 2018 through 2027. (4) Committee on Energy and Commerce The Committee on Energy and Commerce shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $20,000,000,000 for the period of fiscal years 2018 through 2027. (5) Committee on Financial Services The Committee on Financial Services shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $14,000,000,000 for the period of fiscal years 2018 through 2027. (6) Committee on Homeland Security The Committee on Homeland Security shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $3,000,000,000 for the period of fiscal years 2018 through 2027. (7) Committee on the Judiciary The Committee on the Judiciary shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $45,000,000,000 for the period of fiscal years 2018 through 2027. (8) Committee on Natural Resources The Committee on Natural Resources shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $5,000,000,000 for the period of fiscal years 2018 through 2027. (9) Committee on Oversight and Government Reform The Committee on Oversight and Government Reform shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $32,000,000,000 for the period of fiscal years 2018 through 2027. (10) Committee on Veterans’ Affairs The Committee on Veterans’ Affairs shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $1,000,000,000 for the period of fiscal years 2018 through 2027. (11) Committee on Ways and Means The Committee on Ways and Means shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $52,000,000,000 for the period of fiscal years 2018 through 2027. III Budget enforcement in the House of Representatives A Budget enforcement 301. Point of order against increasing long-term direct spending (a) Point of order It shall not be in order in the House of Representatives to consider any bill or joint resolution, or amendment thereto or conference report thereon, that would cause a net increase in direct spending in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods described in subsection (b). (b) Congressional Budget Office analysis of proposals The Director of the Congressional Budget Office shall, to the extent practicable, prepare an estimate of whether a bill or joint resolution reported by a committee (other than the Committee on Appropriations), or amendment thereto or conference report thereon, would cause, relative to current law, a net increase in direct spending in the House of Representatives, in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods beginning after the last fiscal year of this concurrent resolution. (c) Limitation In the House of Representatives, the provisions of this section shall not apply to any bills or joint resolutions, or amendments thereto or conference reports thereon, for which the chair of the Committee on the Budget has made adjustments to the allocations, aggregates, or other budgetary levels in this concurrent resolution. (d) Determinations of budget levels For purposes of this section, the levels of net increases in direct spending shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. (e) Sunset This section shall have no force or effect after September 30, 2018. 302. Allocation for Overseas Contingency Operations/Global War on Terrorism (a) Separate allocation for Overseas Contingency Operations/Global War on Terrorism In the House of Representatives, there shall be a separate allocation of new budget authority and outlays provided to the Committee on Appropriations for the purposes of Overseas Contingency Operations/Global War on Terrorism, which shall be deemed to be an allocation under section 302(a) of the Congressional Budget Act of 1974. Section 302(a)(3) of such Act shall not apply to such separate allocation. (b) Section 302 allocations The separate allocation referred to in subsection (a) shall be the exclusive allocation for Overseas Contingency Operations/Global War on Terrorism under section 302(b) of the Congressional Budget Act of 1974. The Committee on Appropriations of the House of Representatives may provide suballocations of such separate allocation under such section 302(b). (c) Application For purposes of enforcing the separate allocation referred to in subsection (a) under section 302(f) of the Congressional Budget Act of 1974, the first fiscal year and the total of fiscal years shall be deemed to refer to fiscal year 2018. Section 302(c) of such Act shall not apply to such separate allocation. (d) Designations New budget authority or outlays shall only be counted toward the allocation referred to in subsection (a) if designated pursuant to section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. (e) Adjustments For purposes of subsection (a) for fiscal year 2018, no adjustment shall be made under section 314(a) of the Congressional Budget Act of 1974 if any adjustment would be made under section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. 303. Limitation on changes in certain mandatory programs (a) Definition In this section, the term change in mandatory programs means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) if the provision were included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the total of the current year, the budget year, and all fiscal years covered under the most recently agreed to concurrent resolution on the budget. (b) Point of order in the House of Representatives (1) In general A provision in a bill or joint resolution making appropriations for a full fiscal year that proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3), shall not be in order in the House of Representatives. (2) Amendments and conference reports It shall not be in order in the House of Representatives to consider an amendment to, or a conference report on, a bill or joint resolution making appropriations for a full fiscal year if such amendment thereto or conference report thereon proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3). (3) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $19,100,000,000; (B) for fiscal year 2019, $17,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. 304. Limitation on advance appropriations (a) In general In the House of Representatives, except as provided for in subsection (b), any general appropriation bill or bill or joint resolution continuing appropriations, or amendment thereto or conference report thereon, may not provide advance appropriations. (b) Exceptions An advance appropriation may be provided for programs, projects, activities, or accounts identified in the report or the joint explanatory statement of managers, as applicable, accompanying this concurrent resolution under the heading— (1) General Accounts Identified for Advance Appropriations . (2) Veterans Veterans Accounts Identified for Advance Appropriations . (c) Limitations The aggregate level of advance appropriations shall not exceed— (1) General $28,852,000,000 in new budget authority for all programs identified pursuant to subsection (b)(1). (2) Veterans $70,699,313,000 in new budget authority for programs in the Department of Veterans Affairs identified pursuant to subsection (b)(2). (d) Definition The term advance appropriation means any new discretionary budget authority provided in a general appropriation bill or joint resolution continuing appropriations for fiscal year 2018, or any amendment thereto or conference report thereon, that first becomes available for the first fiscal year following fiscal year 2018. 305. Estimates of debt service costs In the House of Representatives, the chair of the Committee on the Budget may direct the Congressional Budget Office to include, in any estimate prepared under section 402 of the Congressional Budget Act of 1974 with respect to any bill or joint resolution, an estimate of any change in debt service costs resulting from carrying out such bill or resolution. Any estimate of debt service costs provided under this section shall be advisory and shall not be used for purposes of enforcement of such Act, the Rules of the House of Representatives, or this concurrent resolution. This section shall not apply to authorizations of programs funded by discretionary spending or to appropriation bills or joint resolutions, but shall apply to changes in the authorization level of appropriated entitlements. 306. Fair-value credit estimates (a) All credit programs Whenever the Director of the Congressional Budget Office provides an estimate of any measure that establishes or modifies any program providing loans or loan guarantees, the Director shall also, to the extent practicable, provide a fair-value estimate of such loan or loan guarantee program if requested by the chair of the Committee on the Budget of the House of Representatives. (b) Student financial assistance and housing programs The Director of the Congressional Budget Office shall provide, to the extent practicable, a fair-value estimate as part of any estimate for any measure that establishes or modifies a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). (c) Baseline estimates The Congressional Budget Office shall include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and such other major loan and loan guarantee programs, as practicable, in its The Budget and Economic Outlook: 2018 to 2027. (d) Enforcement in the House of Representatives If the Director of the Congressional Budget Office provides an estimate pursuant to subsection (a) or (b), the chair of the Committee on the Budget of the House of Representatives may use such estimate to determine compliance with the Congressional Budget Act of 1974 and other budget enforcement requirements. 307. Estimates of macroeconomic effects of major legislation (a) CBO and JCT estimates During the 115th Congress, any estimate of major legislation considered in the House of Representatives or the Senate provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act shall, to the extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974; and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Definitions In this section: (1) Major legislation The term major legislation means— (A) in the Senate, a bill, joint resolution, conference report, amendment, amendment between the Houses, or treaty— (i) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than— (I) 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (II) for a treaty, equal to or greater than $15,000,000,000 for that fiscal year; or (ii) designated as such by— (I) the chair of the Committee on the Budget of the Senate for all direct spending legislation; or (II) the Senator who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation; and (B) in the House of Representatives, a bill or joint resolution, or amendment thereto or conference report thereon— (i) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (ii) designated as such by— (I) the chair of the Committee on the Budget of the House of Representatives for all direct spending legislation; or (II) the Member who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 308. Adjustments for improved control of budgetary resources (a) Adjustments of discretionary and direct spending levels In the House of Representatives, if a committee (other than the Committee on Appropriations) reports a bill or joint resolution, or an amendment thereto is offered or conference report thereon is submitted, providing for a decrease in direct spending (budget authority and outlays flowing therefrom) for any fiscal year and also provides for an authorization of appropriations for the same purpose, upon the enactment of such measure, the chair of the Committee on the Budget may decrease the allocation to the applicable authorizing committee that reports such measure and increase the allocation of discretionary spending (budget authority and outlays flowing therefrom) to the Committee on Appropriations for fiscal year 2018 by an amount equal to the new budget authority (and outlays flowing therefrom) provided for in a bill or joint resolution making appropriations for the same purpose. (b) Determinations In the House of Representatives, for purposes of enforcing this concurrent resolution, the allocations and aggregate levels of new budget authority, outlays, direct spending, revenues, deficits, and surpluses for fiscal year 2018 and the total of fiscal years 2018 through 2027 shall be determined on the basis of estimates made by the chair of the Committee on the Budget and such chair may adjust the applicable levels in this concurrent resolution. 309. Scoring rule for Energy Savings Performance Contracts (a) In general The Director of the Congressional Budget Office shall estimate provisions of any bill or joint resolution, or amendment thereto or conference report thereon, that provides the authority to enter into or modify any covered energy savings contract on a net present value basis (NPV). (b) NPV calculations The net present value of any covered energy savings contract shall be calculated as follows: (1) The discount rate shall reflect market risk. (2) The cash flows shall include, whether classified as mandatory or discretionary, payments to contractors under the terms of their contracts, payments to contractors for other services, and direct savings in energy and energy-related costs. (3) The stream of payments shall cover the period covered by the contracts but not to exceed 25 years. (c) Definition As used in this section, the term covered energy savings contract means— (1) an energy savings performance contract authorized under section 801 of the National Energy Conservation Policy Act; or (2) a utility energy service contract, as described in the Office of Management and Budget Memorandum on Federal Use of Energy Savings Performance Contracting, dated July 25, 1998 (M–98–13), and the Office of Management and Budget Memorandum on the Federal Use of Energy Saving Performance Contracts and Utility Energy Service Contracts, dated September 28, 2015 (M–12–21), or any successor to either memorandum. (d) Enforcement in the House of Representatives In the House of Representatives, if any net present value of any covered energy savings contract calculated under subsection (b) results in a net savings, then the budgetary effects of such contract shall not be counted for purposes of titles III and IV of the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. (e) Classification of spending For purposes of budget enforcement, the estimated net present value of the budget authority provided by the measure, and outlays flowing therefrom, shall be classified as direct spending. (f) Sense of the House of Representatives It is the sense of the House of Representatives that— (1) the Director of the Office of Management and Budget, in consultation with the Director of the Congressional Budget Office, should separately identify the cash flows under subsection (b)(2) and include such information in the President’s annual budget submission under section 1105(a) of title 31, United States Code; and (2) the scoring method used in this section should not be used to score any contracts other than covered energy savings contracts. 310. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund In the House of Representatives, for purposes of the Congressional Budget Act of 1974, the Balanced Budget and Emergency Deficit Control Act of 1985, and the rules or orders of the House of Representatives, a bill or joint resolution, or an amendment thereto or conference report thereon, that transfers funds from the general fund of the Treasury to the Highway Trust Fund shall be counted as new budget authority and outlays equal to the amount of the transfer in the fiscal year the transfer occurs. 311. Prohibition on use of Federal Reserve surpluses as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that transfers any portion of the net surplus of the Federal Reserve System to the general fund of the Treasury shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 312. Prohibition on use of guarantee fees as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that increases, or extends the increase of, any guarantee fees of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. B Other provisions 321. Budgetary treatment of administrative expenses (a) In general In the House of Representatives, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974, section 13301 of the Budget Enforcement Act of 1990, and section 2009a of title 39, United States Code, the report or the joint explanatory statement, as applicable, accompanying this concurrent resolution shall include in its allocation to the Committee on Appropriations under section 302(a) of the Congressional Budget Act of 1974 amounts for the discretionary administrative expenses of the Social Security Administration and the United States Postal Service. (b) Special rule In the House of Representatives, for purposes of enforcing section 302(f) of the Congressional Budget Act of 1974, estimates of the levels of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 322. Application and effect of changes in allocations and aggregates (a) Application In the House of Representatives, any adjustments of the allocations, aggregates, and other budgetary levels made pursuant to this concurrent resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 as the allocations and aggregates contained in this concurrent resolution. (c) Budget Committee determinations For purposes of this concurrent resolution, the budgetary levels for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the chair of the Committee on the Budget of the House of Representatives. (d) Aggregates, allocations and application In the House of Representatives, for purposes of this concurrent resolution and budget enforcement, the consideration of any bill or joint resolution, or amendment thereto or conference report thereon, for which the chair of the Committee on the Budget makes adjustments or revisions in the allocations, aggregates, and other budgetary levels of this concurrent resolution shall not be subject to the points of order set forth in clause 10 of rule XXI of the Rules of the House of Representatives or section 301 of this concurrent resolution. (e) Other adjustments The chair of the Committee on the Budget of the House of Representatives may adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. 323. Adjustments to reflect changes in concepts and definitions In the House of Representatives, the chair of the Committee on the Budget may adjust the appropriate aggregates, allocations, and other budgetary levels in this concurrent resolution for any change in budgetary concepts and definitions consistent with section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985. 324. Adjustment for changes in the baseline In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, reconciliation targets, and other appropriate budgetary levels in this concurrent resolution to reflect changes resulting from the Congressional Budget Office’s update to its baseline for fiscal years 2018 through 2027. 325. Application of rule regarding limits on discretionary spending Section 314(f) of the Congressional Budget Act of 1974 shall not apply in the House of Representatives to any bill, joint resolution, or amendment that provides new budget authority for a fiscal year or to any conference report on any such bill or resolution if— (1) the enactment of that bill or resolution; (2) the adoption and enactment of that amendment; or (3) the enactment of that bill or resolution in the form recommended in that conference report, would not cause the 302(a) allocation to the Committee on Appropriations for fiscal year 2018 to be exceeded. 326. Exercise of rulemaking powers The House of Representatives adopts the provisions of this title and title II— (1) as an exercise of the rulemaking power of the House of Representatives, and as such they shall be considered as part of the rules of the House of Representatives, and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the House of Representatives to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the House of Representatives. IV Reserve funds in the House of Representatives 401. Reserve fund for commercialization of air traffic control (a) In general In the House of Representatives, the chair of the Committee on the Budget may adjust, at a time the chair deems appropriate, the section 302(a) allocation to the Committee on Transportation and Infrastructure and other applicable committees of the House of Representatives, aggregates, and other appropriate levels established in this concurrent resolution for a bill or joint resolution, or amendment thereto or conference report thereon, that commercializes the operations of the air traffic control system if such measure reduces the discretionary spending limits in section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 by the amount that would otherwise be appropriated to the Federal Aviation Administration for air traffic control. Adjustments to the section 302(a) allocation to the Committee on Appropriations, consistent with the adjustments to the discretionary spending limits under such section 251(c), shall only be made upon enactment of such measure. (b) Definition For purposes of this section, a measure that commercializes the operations of the air traffic control system shall be a measure that establishes a Federally-chartered, not-for-profit corporation that— (1) is authorized to provide air traffic control services within the United States airspace; (2) sets user fees to finance its operations; (3) may borrow from private capital markets to finance improvements; (4) is governed by a board of directors composed of a CEO and directors whose fiduciary duty is to the entity; and (5) becomes the employer of those employees directly connected to providing air traffic control services and who the Secretary transfers from the Federal Government. 402. Reserve fund for investments in national infrastructure In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate levels in this concurrent resolution for any bill or joint resolution, or amendment thereto or conference report thereon, that invests in national infrastructure to the extent that such measure is deficit neutral for the total of fiscal years 2018 through 2027. 403. Reserve fund for comprehensive tax reform In the House of Representatives, if the Committee on Ways and Means reports a bill or joint resolution that provides for comprehensive tax reform, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any such bill or joint resolution, or amendment thereto or conference report thereon, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 404. Reserve fund for the State Children’s Health Insurance Program In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, budget aggregates and other appropriate levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that extends the State Children’s Health Insurance Program allotments, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 405. Reserve fund for the repeal or replacement of President Obama’s health care laws In the House of Representatives, the chair of the Committee on the Budget may revise the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that repeals or replaces any provision of the Patient Protection and Affordable Care Act or title I or subtitle B of title II of the Health Care and Education Reconciliation Act of 2010 by the amount of budget authority and outlays flowing therefrom provided by such measure for such purpose. V Policy Statements in the House of Representatives 501. Policy statement on a balanced budget amendment (a) Findings The House finds the following: (1) In fiscal year 2017, the Federal Government will collect approximately $3.3 trillion in taxes, but spend more than $4.0 trillion to maintain its operations, borrowing 15 cents of every Federal dollar spent. (2) At the end of fiscal year 2016, the national debt of the United States was more than $19.5 trillion. (3) A majority of States have petitioned the Federal Government to hold a constitutional convention to adopt a balanced budget amendment to the Constitution. (4) As of the spring of 2016, 46 States have requirements to annually balance their respective budgets. (5) Numerous balanced budget amendment proposals have been introduced on a bipartisan basis in the House. Currently in the 115th Congress, 8 joint resolutions proposing a balanced budget amendment have been introduced. (6) In the 111th Congress, the House considered H. J. Res. 2, sponsored by Representative Robert W. Goodlatte of Virginia. Although it received 262 aye votes, it did not receive the two-thirds required for passage. (7) In 1995, a balanced budget amendment to the Constitution passed the House with bipartisan support, but failed to pass by one vote in the United States Senate. (8) Five States, Georgia, Alaska, Mississippi, North Dakota, and Arizona, have agreed to the Compact for a Balanced Budget, which seeks to amend the Constitution to require a balanced budget through an Article V convention by April 12, 2021. (b) Policy on a balanced budget constitutional amendment It is the policy of this concurrent resolution that the House should propose a balanced budget constitutional amendment for ratification by the States. 502. Policy statement on budget process reform It is the policy of this concurrent resolution that the House should enact legislation that reforms the congressional budget process to— (1) reassert congressional control over the budget process by reorienting the Views and Estimates that committees submit to the Committee on the Budget, as required under 301(d) of the Congressional Budget Act of 1974, to emphasize congressional rather than executive branch priorities; (2) strengthen enforcement of budgetary rules and requirements by— (A) enabling Members of the House of Representatives to enforce budget requirements in a manner that does not jeopardize the ability of the majority to work its will on legislation; and (B) permitting members of Congress to determine whether emergency-designated appropriations are for unanticipated situations that pose a threat to life, property, or national security; (3) increase control over the costs of Federal activities by— (A) incorporating debt service costs into cost estimates prepared by the Congressional Budget Office; (B) establishing a process for setting limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; (C) transitioning to fair-value accounting; (D) budgeting for Federal insurance programs on an accrual basis; and (E) developing and implementing a regulatory budget as provided in section 503; (4) achieve greater control over mandatory spending by reforming reconciliation procedures and requirements to ensure they are transparent, objectively applied, and maximize opportunities for deficit reduction; (5) increase the efficiency of the congressional budget process by— (A) realigning the budget cycle with the calendar year and the congressional calendar; (B) simplifying the procedures by which the Committee on Appropriations adjusts its section 302(b) suballocations to ensure they are consistent with the Committee’s overall section 302(a) allocation; and (C) increasing congressional accountability for budget decisions; (6) improve the transparency of the Federal Government’s obligations by— (A) modifying the content of the budget resolution to reflect the budgetary decisions that Congress actually makes and enforces; (B) requiring the Comptroller General to periodically report to Congress on the consolidated financial report of the Federal Government; and (C) restructuring the baseline, as set forth in section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985, to treat mandatory spending and revenue on a comparable basis; and (7) achieve control over long-term budget obligations by— (A) establishing declining limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; and (B) codifying limits on the amount legislation can increase the deficit beyond the ten fiscal-year period of the concurrent resolution on the budget. 503. Policy statement on Federal regulatory budgeting and reform (a) Findings The House finds the following: (1) Federal regulations are estimated to cost $1.9 trillion per year or approximately $15,000 per household. Such costs exceed 10 percent of the Gross Domestic Product of the United States. (2) Excessive Federal regulation— (A) retards job creation, investment, wages, competition, and economic growth, slowing the Nation’s recovery from economic recession and harming American households; (B) operates as a regressive tax on poor and lower-income households; (C) displaces workers into long-term unemployment or lower-paying jobs; (D) adversely affects small businesses, the primary source of new jobs; and (E) impedes the economic growth necessary to provide sufficient funds to meet vital commitments and reduce the Federal debt. (3) Federal agencies do not systematically analyze both the costs and benefits of new regulations or identify and eliminate, minimize, or mitigate excess regulatory costs through post-implementation assessments of their regulations. (4) Agencies too often impose costly regulations without relying on sound science, through the use of agency guidance, judicial consent decrees, and settlement agreements, and through the abuse of high interim compliance costs imposed on regulated entities that bring legal challenges against newly promulgated regulations. (5) Congress lacks an effective mechanism to manage the level of new Federal regulatory costs imposed each year. Other nations, meanwhile, have successfully implemented the use of regulatory budgeting to control excess regulation and regulatory costs. (6) Significant steps have been taken already by President Trump and the 115th Congress, including the imposition of a regulatory pay-as-you-go regimen for new and revised regulations by the Trump Administration and the enactment of 14 measures under the Congressional Review Act that repealed regulations promulgated in the final 60 legislative days of the 114th Congress. (b) Policy on Federal regulatory budgeting and reform It is the policy of this concurrent resolution that the House should, in consultation with the public, consider legislation that— (1) requires the President’s budget submission to include an analysis of the costs of complying with current and proposed regulations; (2) builds the institutional capacity of the Congressional Budget Office to develop a regulatory baseline and estimate regulatory costs; (3) codifies the Trump Administration’s regulatory pay-as-you-go requirements, which require agencies to offset the costs of new or revised regulations with the repeal or modification of existing regulations; and (4) requires Federal agencies to give notice and allow for comments on proposed guidance documents. 504. Policy statement on unauthorized appropriations (a) Findings The House finds the following: (1) Article I of the Constitution vests all legislative power in Congress. (2) Central to the legislative powers of Congress is the authorization of appropriations necessary to execute the laws that establish agencies and programs and impose obligations. (3) Clause 2 of rule XXI of the Rules of the House of Representatives prohibits the consideration of appropriations measures that provide appropriations for unauthorized programs. (4) In fiscal year 2016, more than $310 billion was appropriated for unauthorized programs, spanning 256 separate laws. (5) Agencies such as the Department of State have not been authorized for 15 years. (6) The House adopted a requirement for the 115th Congress, as part of H. Res. 5, that requires each standing committee of the House to adopt an authorization and oversight plan that enumerates all unauthorized programs and agencies within its jurisdiction that received funding in the prior year, among other oversight requirements. (b) Policy on unauthorized appropriations In the House, it is the policy of this concurrent resolution that legislation should be enacted that— (1) establishes a schedule for reauthorizing all Federal programs on a staggered five-year basis together with declining spending targets for each year a program is not reauthorized according to such schedule; (2) prohibits the consideration of appropriations measures in the House that provide appropriations in excess of spending targets specified for such measures and ensures that such rule should be strictly enforced; and (3) limits funding for non-defense or non-security-related Federal programs that are not reauthorized according the schedule described in paragraph (1). 505. Policy statement on Federal accounting (a) Findings The House finds the following: (1) Current accounting methods fail to capture and present in a compelling manner the full scope of the Federal Government and its fiscal condition. (2) Most fiscal analyses produced by the Congressional Budget Office (CBO) are conducted over a 10-fiscal year period. The use of generational accounting or a longer time horizon would provide a more complete picture of the Federal Government’s fiscal condition. (3) The Federal budget currently accounts for most programs on a cash accounting basis, which records revenue and expenses when cash is actually paid or received. However, it accounts for loan and loan guarantee programs on an accrual basis, which records revenue when earned and expenses when incurred. (4) The Government Accountability Office has advised that accrual accounting may be more accurate than cash accounting in estimating the Federal Government’s liabilities for insurance and other programs. (5) Accrual accounting under the Federal Credit Reform Act of 1990 (FCRA) understates the risk and thus the true cost of some Federal programs, including loans and loan guarantees. (6) Fair-value accounting better reflects the risk associated with Federal loan and loan guarantee programs by using a market based discount rate. CBO, for example, uses fair-value accounting to measure the cost of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). (7) In comparing fair-value accounting to FCRA, CBO has concluded that adopting a fair-value approach would provide a more comprehensive way to measure the costs of Federal credit programs and would permit more level comparisons between those costs and the costs of other forms of Federal assistance . (8) The Department of the Treasury, when reporting the principal financial statements of the United States entitled Balance Sheet and Statement of Operations and Changes in Net Position , may omit some of the largest projected Federal Government expenses, including social insurance programs. The projected expenses of these programs are reported by the Department in its Statements of Social Insurance and Changes in Social Insurance Amounts . (9) This concurrent resolution directs CBO to estimate the costs of Federal credit programs on a fair-value basis to fully capture the risk associated with these programs. (b) Policy on Federal accounting methodologies It is the policy of this concurrent resolution that the House should, in consultation with CBO and other appropriate stakeholders, reform government-wide budget and accounting practices so Members and the public can better understand the fiscal condition of the United States and the best options to improve it. Such reforms may include the following: (1) Providing additional metrics to enhance analysis by considering the Nation’s fiscal condition comprehensively, over an extended time period, and how it affects Americans of various age cohorts. (2) Expanding the use of accrual accounting where appropriate. (3) Accounting for certain Federal credit programs using fair-value accounting to better capture market risk. 506. Policy statement on Commission on Budget Concepts (a) Findings The Congress finds the following: (1) In 1965, the President’s Commission on Budget Concepts made a series of recommendations that were adopted and continue to provide the foundation for the Federal budget process. (2) Over the ensuing 52 years, the Federal budget process has undergone major transformations, including the following: (A) Congress asserted its Article I power of the purse through the Congressional Budget Act of 1974 in the form of a congressional budget process predicated on the adoption of an annual budget resolution setting forth its priorities independent of the executive branch. (B) Congress and the President have periodically augmented the President’s budget submission and the budget resolution by establishing statutory budget rules and limits enforced through sequestration. (C) The share of Federal spending that is not controlled through the annual appropriations process has ballooned from 32 percent of total Federal spending in 1967 to 69 percent in 2016. (D) Activities previously considered the exclusive domain of the Federal Government have been fully commercialized, contracted out to the private sector, financed through third party arrangements, or devolved to State and local governments. (E) Key functions of the Federal Government are now funded through user fees rather than general revenue, often shielding them from congressional control and oversight. (F) The Credit Reform Act of 1990 placed Federal loans and loan guarantees on an accrual basis. (G) Increasing shares of the economy are directed towards compliance with Federal regulations, which are not subject to the limitations applicable to Federal spending. (b) Policy on Commission on Budget Concepts It is the policy of this concurrent resolution on the budget that legislation should be enacted that establishes a Commission on Budget Concepts to review and revise budget concepts and make recommendations to create a more transparent Federal budget process. 507. Policy statement on budget enforcement It is the policy of this concurrent resolution that the House should— (1) adopt an annual budget resolution before spending and tax legislation is considered in either House of Congress; (2) assess measures for timely compliance with budget rules in the House; (3) pass legislation to strengthen enforcement of the budget resolution; (4) comply with the discretionary spending limits set forth in the Balanced Budget and Emergency Deficit Control Act of 1985; (5) prevent the use of accounting gimmicks to offset higher spending; (6) modify scoring conventions to encourage the commercialization of Federal Government activities that can best be provided by the private sector; and (7) discourage the use of savings identified in the budget resolution as offsets for spending or tax legislation. 508. Policy statement on improper payments (a) Findings The House finds the following: (1) The Government Accountability Office defines improper payments as any reported payment that should not have been made or was made in an incorrect amount. (2) Improper payments totaled $1.2 trillion between fiscal years 2003 and 2016 with a reported Federal Government-wide error rate of 5.1 percent in fiscal year 2016. (3) Improper payments increased from $107 billion in 2012 to $144 billion in 2016. (4) The Earned Income Tax Credit, Medicare, and Medicaid account for 78 percent of total improper payments, with error rates of 24 percent, 11 percent, and 10.5 percent, respectively. (5) Eight agencies did not report payment estimates for 18 programs that the Comptroller General deems susceptible to significant improper payments. (b) Policy on improper payments It is the policy of this concurrent resolution that an independent commission should be established with the goal of finding tangible solutions to reduce total improper payments by 50 percent within the next 5 years. The commission should also develop a more-stringent system of agency oversight to achieve this goal. 509. Policy statement on expenditures from agency fees and spending (a) Findings The House finds the following: (1) Many Federal agencies and organizations have permanent authority to collect and spend fees and other offsetting collections. (2) The Office of Management and Budget estimates the total amount of offsetting fees and collections to be $513 billion in fiscal year 2017. (3) Agency budget justifications are, in some cases, not fully transparent about the amount of program activity funded through offsetting collections or fees. This lack of transparency prevents effective and accountable Government. (b) Policy on Expenditures from Agency Fees and Spending It is the policy of this concurrent resolution that the House should reassert its constitutional prerogative to control Federal spending and exercise rigorous oversight over Federal agencies. Congress should subject all fees paid by the public to Federal agencies to annual appropriations or authorizing legislation and a share of these proceeds should be reserved for taxpayers in the form of deficit reduction. 510. Policy statement on promoting real health care reform (a) Findings The House finds the following: (1) Patient-centered health care increases access to quality care for all Americans, regardless of age, income, or health status. (2) States are best equipped to respond to the needs of their unique communities. (3) The current legal framework encourages frivolous medical malpractice lawsuits that increase health care costs. (b) Policy on Health Care Regulation It is the policy of this concurrent resolution that— (1) the American health care system should encourage research, development, and innovation in the medical sector, rather than stymie growth through over-regulation; (2) States should determine the parameters of acceptable private insurance plans based on the needs of their populations and retain control over other health care coverage standards; (3) reforms should protect patients with pre-existing conditions, reward those who maintain continuous health coverage, and create greater parity between benefits offered through employers and those offered independently; (4) States should have greater flexibility in designing their Medicaid program and State Children’s Health Insurance Program; (5) medical malpractice reform should emphasize compliance with best practice guidelines, while continuing to protect patients’ interests; and (6) States should have the flexibility to implement medical liability policies to best suit their needs. 511. Policy statement on Medicare (a) Findings The House finds the following: (1) More than 57 million Americans depend on Medicare for their health security. (2) The Medicare Trustees Report has repeatedly recommended that Congress address Medicare’s long-term financial challenges. Each year without reform, the financial condition of Medicare becomes more precarious and the threat to those in or near retirement more pronounced. The current challenges that Congress will need to address include— (A) the Hospital Insurance Trust Fund will be exhausted in 2029 and unable to pay the scheduled benefits; (B) Medicare enrollment is expected to increase more than 50 percent in the next two decades, as 10,000 baby boomers reach retirement age each day; (C) due to extended life spans, enrollees remain in Medicare three times longer than at the outset of the program five decades ago; (D) notwithstanding the program’s trust fund arrangement, current workers’ payroll tax contributions pay for current Medicare beneficiaries instead of being set aside for their own future use; (E) the number of workers supporting each beneficiary continues to fall; in 1965, the ratio was 4.5 workers per beneficiary, and by 2030, the ratio will be only 2.4 workers per beneficiary; (F) the average Medicare beneficiary receives about three dollars in Medicare benefits for every dollar paid into the program; (G) Medicare is growing faster than the economy, with a projected growth rate of 7.2 percent per year on average through 2026, peaking in 2026 at 9.2 percent; and (H) by 2027, Medicare spending will reach more than $1.4 trillion, more than double the 2016 spending level of $692 billion. (3) Failing to address the impending insolvency of Medicare will leave millions of American seniors without adequate health security and younger generations burdened with having to pay for these unsustainable spending levels. (b) Policy on Medicare reform It is the policy of this concurrent resolution to save Medicare for those in or near retirement and to strengthen the program’s solvency for future beneficiaries. (c) Assumptions This concurrent resolution assumes transition to an improved Medicare program that ensures— (1) Medicare is preserved for current and future beneficiaries; (2) future Medicare beneficiaries may select from competing guaranteed health coverage options a plan that best suits their needs; (3) traditional fee-for-service Medicare remains a plan option; (4) Medicare provides additional assistance for lower-income beneficiaries and those with greater health risks; and (5) Medicare spending is put on a sustainable path and becomes solvent over the long term. 512. Policy statement on combating the opioid epidemic (a) Findings The House finds the following: (1) According to the Centers for Disease Control and Prevention (CDC), 91 Americans die each day from an opioid overdose. (2) Nearly half of all opioid overdose deaths involve a prescription opioid. (3) Since 1999, the number of prescription opioids sold in the U.S. has nearly quadrupled. (4) Since 1999, the number of deaths from prescription opioids has more than quadrupled. (5) The CDC asserts that improving opioid prescribing practices will reduce exposure to opioids, prevent abuse, and stop addiction. (6) The CDC has found that individuals in rural counties are almost twice as likely to overdose on prescription painkillers as those in urban areas. (7) According to the CDC, nearly 7,000 people are treated in emergency rooms every day for using opioids in a non-approved manner. (8) The 21st Century Cures Act and the Comprehensive Addiction and Recovery Act were signed into law in the 114th Congress in an overwhelming display of congressional and executive branch support in the fight against the opioid epidemic. (9) Bipartisan efforts to eliminate opioid abuse and provide relief from addiction for all Americans should continue. (b) Policy on opioid abuse It is the policy of this concurrent resolution that— (1) combating opioid abuse using available budgetary resources remains a high priority; (2) the House, in a bipartisan manner, should continue to examine the Federal response to the opioid abuse epidemic and support essential activities to reduce and prevent substance abuse; (3) the House should continue to support initiatives included in the 21st Century Cures Act and the Comprehensive Addiction and Recovery Act; (4) the House should continue its oversight efforts, particularly ongoing investigations conducted by the House Committee on Energy and Commerce, to ensure that taxpayer dollars intended to combat opioid abuse are spent appropriately and efficiently; and (5) the House should collaborate with State, local, and tribal entities to develop a comprehensive strategy for addressing the opioid addiction crisis. 513. Policy statement on the State Children’s Health Insurance Program (a) Findings The House finds the following: (1) The State Children’s Health Insurance Program (SCHIP) is a means-tested program that provides health insurance coverage to low-income children and pregnant women who do not qualify for Medicaid based on income. (2) SCHIP eligibility varies by State, as States decide the income upper limit for beneficiaries; the current upper limit varies from 175 percent of the Federal poverty level to 405 percent of the Federal poverty level. (3) SCHIP covered on average 6.3 million people monthly in fiscal year 2017. (4) The average cost of a child enrolled in SCHIP to the Federal Government was approximately $2,300 in fiscal year 2017, compared to approximately $1,910 for a child enrolled in Medicaid. (5) The Federal spending allotment for SCHIP will expire at the end of fiscal year 2017. (6) The Medicaid and CHIP Payment and Access Commission recommends an extension of Federal SCHIP funding, and warns that all States are projected to exhaust their Federal SCHIP funds during fiscal year 2018. (7) SCHIP should be preserved to assist the Nation’s vulnerable children. (b) Policy on the State Children’s Health Insurance Program It is the policy of this concurrent resolution that— (1) the House should work in a bipartisan manner to reauthorize SCHIP funding; (2) the authorizing committees should consider establishing a Federal upper limit for SCHIP eligibility, rather than providing open-ended access to the program for those at higher income levels; (3) the House should target resources designated for SCHIP toward those most in need of Federal assistance; and (4) the House should require greater reporting by States of SCHIP data in order to better structure the program to meet beneficiaries’ needs. 514. Policy statement on medical discovery, development, delivery, and innovation (a) Findings The House finds the following: (1) The Nation’s commitment to the discovery, development, and delivery of new treatments and cures has made the United States the biomedical innovation capital of the world for decades. (2) The history of scientific discovery and medical breakthroughs in the United States is extensive, including the creation of the polio vaccine, the first genetic mapping, and the invention of the implantable cardiac pacemaker. (3) Reuters ranks the United States Health and Human Services Laboratories as first in the world for innovation on its 2017 list of the Top 25 Global Innovators. (4) The United States leads the world in the production of medical devices, and the United States medical device market accounts for approximately 45 percent of the global market. (5) The United States remains a global leader in pharmaceutical research and development investment, has produced more than half of the world’s new molecules in the past decade, and represents the world’s largest pharmaceutical market, which is triple the size of the nearest rival, China. (b) Policy on Medical Innovation It is the policy of this concurrent resolution that— (1) the Federal Government should foster investment in health care innovation and maintain the Nation’s world leadership status in medical science by encouraging competition; (2) the House should continue to support the critical work of medical innovators throughout the country through continued funding for agencies, including the National Institutes of Health and the Centers for Disease Control and Prevention, to conduct life-saving research and development; and (3) the Federal Government should unleash the power of private-sector medical innovation by removing regulatory obstacles that impede the adoption of new medical technology and pharmaceuticals. 515. Policy statement on public health preparedness (a) Findings The House finds the following: (1) The Constitution requires the Federal Government to provide for the common defense. As such, the Nation must prioritize its ability to respond rapidly and effectively to a public health crisis or bioterrorism threat. (2) There is a persistent threat of bioterrorism against American lives. (3) Naturally-occurring public health threats can spread through the transmission of communicable diseases during international trade and travel. (4) As of April 3, 2016, the World Health Organization reported nearly 29,000 cases of the Ebola virus worldwide, including 4 instances in the U.S. (5) As of July 12, 2017, the Centers for Disease Control and Prevention (CDC) reports that the current Zika epidemic resulted in over 5,000 cases of the Zika virus within the United States, with nearly 37,000 more cases reported in U.S. territories. (6) Preventing the spread of disease to Americans requires halting threats before they breach the U.S. border. (7) The United States is a leader in global public health assistance and orchestrates international responses to health crises. (b) Policy on Public Health Preparedness It is the policy of this concurrent resolution that— (1) the House should continue to fund activities of the CDC, the National Institutes of Health, and the Biomedical Advanced Research and Development Authority to develop and stockpile medical countermeasures to infectious diseases and chemical, biological, radiological, and nuclear agents; (2) the House should, within available budgetary resources, provide continued support for research, prevention, and public health preparedness programs; (3) the Federal Government should encourage private-sector development of critical vaccines and other medical countermeasures to emerging public health threats; and (4) the Secretary of Health and Human Services, the Secretary of Defense, and the Secretary of State should collaborate on global health preparedness initiatives to prevent overlap and promote responsible stewardship of taxpayer resources. 516. Policy statement on Social Security (a) Findings The House finds the following: (1) More than 60 million retirees, individuals with disabilities, and survivors depend on Social Security. Since enactment, Social Security has served as a vital leg of the three-legged stool of retirement security, which includes employer provided pensions as well as personal savings. (2) Lower-income Americans rely on Social Security for a larger proportion of their retirement income. Therefore, reforms should take into consideration the need to protect lower income Americans’ retirement security. (3) The Social Security Trustees Report has repeatedly recommended that Social Security’s long-term financial challenges be addressed soon. The financial condition of Social Security and the threat to seniors and those receiving Social Security disability benefits becomes more pronounced each year without reform. For example— (A) in 2028, the Disability Insurance Trust Fund will be exhausted and program revenues will be unable to pay scheduled benefits; and (B) with the exhaustion of both the Disability Insurance Trust Fund and the Old-Age and Survivors and Disability Trust Fund in 2035, benefits will be cut by as much as 25 percent across the board, devastating those currently in or near retirement and those who rely on Social Security the most. (4) The recession and continued low economic growth have exacerbated the looming fiscal crisis facing Social Security. The most recent Congressional Budget Office (CBO) projections find that Social Security will run cash deficits of more than $1.3 trillion over the next 10 years. (5) The Disability Insurance program provides an essential income safety net for those with disabilities and their families. According to CBO, between 1970 and 2015 the number of disabled workers and their dependent family members receiving disability benefits has increased by more than 300 percent from 2.7 million to over 10.9 million. This increase is not due strictly to population growth or decreases in health. CBO also attributes program growth to changes in demographics and the composition of the labor force as well as Federal policies. (6) In the past, Social Security has been reformed on a bipartisan basis, most notably by the Greenspan Commission , which helped address Social Security shortfalls for more than a generation. (7) Americans deserve action by the President and Congress to preserve and strengthen Social Security to ensure that Social Security remains a critical part of the safety net. (b) Policy on Social Security It is the policy of this concurrent resolution that the House should work in a bipartisan manner to make Social Security solvent on a sustainable basis. This concurrent resolution assumes, under a reform trigger, that— (1) if in any year the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund annual Trustees Report determines that the 75-year actuarial balance of the Social Security Trust Funds is in deficit, and the annual balance of the Social Security Trust Funds in the 75th year is in deficit, the Board of Trustees should, no later than September 30 of the same calendar year, submit to the President recommendations for statutory reforms necessary to achieve a positive 75-year actuarial balance and a positive annual balance in the 75th year, and any recommendations provided to the President must be agreed upon by both Public Trustees of the Board of Trustees; (2) not later than December 1 of the same calendar year in which the Board of Trustees submit its recommendations, the President should promptly submit implementing legislation to both Houses of Congress including recommendations necessary to achieve a positive 75-year actuarial balance and a positive annual balance in the 75th year, and the majority leader of the Senate and the majority leader of the House should introduce the President’s legislation upon receipt; (3) within 60 days of the President submitting legislation, the committees of jurisdiction should report a bill, which the House or Senate should consider under expedited procedures; and (4) legislation submitted by the President should— (A) protect those in or near retirement; (B) preserve the safety net for those who count on Social Security the most, including those with disabilities and survivors; (C) improve fairness for participants; (D) reduce the burden on and provide certainty for future generations; and (E) secure the future of the Disability Insurance program while addressing the needs of those with disabilities today and improving the determination process. (c) Policy on Disability Insurance It is the policy of this concurrent resolution that the House should consider legislation on a bipartisan basis to reform the Disability Insurance program prior to its insolvency in 2028 and should not raid the Social Security retirement system without reforms to the Disability Insurance system. This concurrent resolution assumes reform that— (1) promotes opportunity for those trying to return to work; (2) ensures benefits continue to be paid to individuals with disabilities and their family members who rely on them; (3) prevents a 7 percent across-the-board benefit cut; and (4) improves the Disability Insurance program. (d) Policy on Social Security solvency It is the policy of this concurrent resolution that any legislation the House considers to improve the solvency of the Disability Insurance Trust Fund must also improve the long-term solvency of the combined Old Age and Survivors Disability Insurance Trust Fund. 517. Policy statement on Medicaid work requirements (a) Findings The House finds the following: (1) Medicaid is a Federal-State program that provides health care coverage for impoverished Americans. (2) Medicaid serves four major population categories: the elderly, the blind and disabled, children, and adults. (3) The Congressional Budget Office projects the average monthly enrollment in Medicaid for fiscal year 2018 to be 78 million people. (4) Of this 78 million people, 27 million – more than one third of the enrollees – are non-elderly, non-disabled adults. (5) Medicaid continues to grow at an unsustainable rate, and will cost approximately one trillion dollars per year within the decade, between Federal and State spending. (6) Congress has a responsibility to preserve limited Medicaid resources for America’s most vulnerable – those who cannot provide for themselves. (7) Forbes reported last year on a first-of-its-kind study conducted by the Foundation for Government Accountability. It analyzed data from the State of Kansas, which demonstrates that work requirements have led to greater employment, higher incomes, and less poverty. (8) The State of Maine implemented work requirements in 2014, and saw incomes rise for able-bodied welfare recipients by an average of 114 percent within a year. (9) Work is a valuable source of human dignity, and work requirements help lift Americans out of poverty by incentivizing self-reliance. (b) Policy on Medicaid Work Requirements It is the policy of this concurrent resolution that— (1) Congress should enact legislation that encourages able-bodied, non-elderly, non-pregnant adults without dependents to work, actively seek work, participate in a job-training program, or do community service, in order to receive Medicaid; (2) Medicaid work requirements legislation could include 30 hours per week of work, of which 20 of those hours should be spent in the core activities of: public or private sector employment, work experience, on-the-job training, job-search or job-readiness assistance program participation, community service, or vocational training and education; (3) States should be given flexibility to determine the parameters of qualifying program participation and work-equivalent experience; (4) States should perform regular case checks to ensure taxpayer dollars are appropriately spent; and (5) the Government Accountability Office or the Department of Health and Human Services Inspector General should conduct annual audits of State Medicaid programs to ensure proper reporting and prevent waste, fraud, and abuse. 518. Policy statement on welfare reform and Supplemental Nutrition Assistance Program work requirements (a) Findings The House finds the following: (1) Participation in the Supplemental Nutrition Assistance Program (SNAP) has grown from 17 million Americans in 2001 to 44 million in 2016. (2) The work support role of SNAP has declined, and the program increasingly serves as a replacement to work. (3) Work requirements were key to the success of the Personal Responsibility and Work Opportunity Act ( Public Law 104–193 ), which led to a two-thirds reduction in welfare caseloads, a reduction in child poverty, and an increase in work participation. The successful 1996 welfare reform law provides a model for improving work requirements in other anti-poverty programs. (b) Policy on Welfare reform and SNAP Work Requirements It is the policy of this concurrent resolution that— (1) the welfare system should reward work, provide tools to escape poverty, and expect work-capable adults to work or prepare for work in exchange for welfare benefits; and (2) SNAP should be reformed to improve work requirements to help more people escape poverty and move up the economic ladder. 519. Policy Statement on State flexibility in Supplemental Nutrition Assistance Program (a) Findings The House finds the following: (1) Spending on Supplemental Nutrition Assistance Program (SNAP) has almost quadrupled since 2001. (2) Various factors are driving this growth, but one major reason is that while States have the responsibility of administering the program, they have little incentive to ensure it is well run. (3) In 1996, a Republican Congress and a Democratic President reformed welfare by limiting the duration of benefits, giving States more control over the program, and helping recipients find work. In the 5 years following passage, child-poverty rates fell, welfare caseloads fell, and workers’ wages increased. This bipartisan success offers a model for improving other anti-poverty programs. (b) Policy on State Flexibility in SNAP It is the policy of this concurrent resolution that SNAP should be reformed to reduce poverty and increase opportunity and upward mobility for struggling Americans on the road to personal and financial independence. Based on the successful welfare reforms of the 1990s, these proposals would improve work requirements and provide flexible funding for States to help those most in need find gainful employment, escape poverty, and move up the economic ladder. 520. Policy statement on higher education and workforce development opportunity (a) Findings on higher education The House finds the following: (1) A well-educated, high-skilled workforce is critical to economic, job, and wage growth. (2) Average published tuition and fees have increased consistently above the rate of inflation across all types of colleges and universities. (3) With an outstanding student loan portfolio of $1.3 trillion, the Federal Government is the largest education lender to undergraduate and graduate students, parents, and other guarantors. (4) Students who do not complete their college degree are at a greater risk of defaulting on their loans than those who complete their degree. (5) Participation in Federal income-driven repayment plans is rising, in terms of the percent of both borrowers and loan dollars, according to the Government Accountability Office. Because these plans offer loan balance forgiveness after a repayment period, this increased use portends higher projected costs to taxpayers. (b) Policy on higher education It is the policy of this concurrent resolution to promote college affordability, access, and success by— (1) reserving Federal financial aid for those most in need and streamlining grant and loan aid programs to help students and families more easily assess their options for financing postsecondary education; and (2) removing regulatory barriers to reduce costs, increase access, and allow for innovative teaching models. (c) Findings on workforce development The House finds the following: (1) 7.5 million Americans are currently unemployed. (2) Despite billions of dollars in spending, those looking for work are stymied by a broken workforce development system that fails to connect workers with assistance and employers with skilled personnel. (3) The House Committee on Education and the Workforce successfully consolidated 15 workforce development programs when Congress enacted the Workforce Innovation and Opportunity Act in 2014. (d) Policy on workforce development It is the policy of this concurrent resolution to build on the success of the Workforce Innovation and Opportunity Act by— (1) further streamlining and consolidating Federal workforce development programs; and (2) empowering States with the flexibility to tailor funding and programs to the specific needs of their workforce. 521. Policy statement on supplemental wildfire suppression funding (a) Findings The House finds the following: (1) In 1995, fire activities made up 16 percent of the United States Forest Service’s (USFS) annual appropriated budget. Since 2015, more than 50 percent has now been dedicated to wildfire. (2) Wildland fire suppression activities are currently funded entirely within the USFS budget, based on a 10-year rolling average. Using this model, the agency must average firefighting costs from the past 10 years to predict and request costs for the next year. When the average was stable, the agency was able to use this model to budget consistently for the annual costs associated with wildland fire suppression. (3) Over the last few decades, wildland fire suppression costs have increased as fire seasons have grown longer and the frequency, size, and severity of wildland fires has increased. (4) The six worst fire seasons since 1960 have all occurred since 2000. Since 2000, many western states have experienced the largest wildfires in their State’s history. In 2016 alone, there were a recorded 67,595 fires and a total of over 5.5 million acres burned. The suppression costs to USFS and other Federal agencies for 2016 totaled over $1.9 billion dollars. (5) As wildfire costs continue to increase, funding levels for USFS wildfire suppression activities will also continue to constrict funding levels for other necessary USFS forest management activities focused on land management and wildfire prevention. (b) Policy on supplemental wildfire suppression funding It is the policy of this concurrent resolution that Congress, in coordination with the Administration, should develop both a long-term funding mechanism that would allow supplemental wildfire suppression funding and reforms on reducing hazardous fuel loads on Federal forests and lands that could decrease wildfires. 522. Policy statement on the Department of Veterans Affairs (a) Findings The House finds the following: (1) For years there have been serious concerns regarding the Department of Veterans Affairs’ (VA) bureaucratic mismanagement and continuous failure to provide veterans timely access to health care. (2) Since 2003, VA disability compensation and health care have been added to the Government Accountability Office’s (GAO) high-risk list, due to mismanagement and oversight failures, lack of a unified vision, strategy, or set of goals to guide their outcomes, and the inability to ensure allocated resources are used in a cost-effective and efficient way to improve veterans’ health care access. (3) The VA’s failure to provide timely and accessible health care to America’s veterans is unacceptable. While Congress has done its part for more than a decade by providing sufficient funding for the VA, the agency has mismanaged these resources, resulting in proven adverse effects on veterans and their families. (b) Policy on the Department of Veterans Affairs It is the policy of this concurrent resolution that the House should require the VA to conduct an audit of its programs named on GAO’s high-risk list and report its findings to the Committee on Appropriations, the Committee on the Budget, and the Committee on Veterans Affairs of the House of Representatives. 523. Policy statement on moving the United States Postal Service on budget (a) Findings The House finds the following: (1) The President’s Commission on Budget Concepts recommends that the budget should, as a general rule, be comprehensive of the full range of Federal activity. (2) The Omnibus Reconciliation Act of 1989 ( Public Law 101–239 ) moved the United States Postal Service (USPS) off budget and exempted it from sequestration. (3) The USPS has a direct effect on the fiscal posture of the Federal Government, through— (A) the receipt of direct appropriations of $35 million in fiscal year 2017; (B) congressional mandates such as requirements for mail delivery service schedules; (C) incurring $15 billion in debt from the Treasury, the maximum permitted by law; (D) continued operating deficits since 2007; (E) defaulting on its statutory obligation to prefund health care benefits for future retirees; and (F) carrying $119 billion in total unfunded liabilities with no foreseeable pathway of funding these liabilities under current law. (b) Policy on moving the USPS on budget It is the policy of this concurrent resolution that all receipts and disbursements of the USPS should be included in the congressional budget and the budget of the Federal Government. 524. Policy statement on the Judgment Fund (a) Findings The House finds the following: (1) The Judgment Fund (Fund), established in 1956, was created to pay judgments and settlements of lawsuits against the Federal Government. (2) As a result of the Fund’s design, it is ripe for executive branch exploitation. The Obama Administration used the Fund to make billions of dollars in payments to Federal agencies and foreign entities. For example— (A) on January 17, 2016, the State Department announced the Federal Government agreed to pay the Iranian government $1.7 billion to settle a case related to the sale of military equipment prior to the Iranian revolution, of which $1.3 billion was sourced through the Fund, without prior congressional notification; the Obama Administration’s use of the Fund to make this and other payments raises serious concerns by sidestepping Congress; and (B) in 2016, the Department of Health and Human Services announced its intentions to use the Fund for settlements with health insurers who sued the Federal Government over the loss of funds for risk corridors under the Patient Protection and Affordable Care Act. (3) Failing to address the lack of oversight over the Fund annually costs taxpayers billions of dollars, as payments exceeded $4.6 billion in 2016 and more than $26 billion in the preceding 10 year period. (b) Policy on Judgment Fund It is the policy of this concurrent resolution that the House should consider legislation that reclaims Congress’s power of the purse over the Fund. Such legislation should— (1) prohibit interest payments paid from the Fund for accounts or assets frozen by the Federal Government and listed on— (A) the Sanctions Programs list of the Office of Foreign Asset Control of the Department of Treasury; or (B) Sponsors of Terrorism list of the Department of State; (2) amend sections 2414 and 1304 of titles 28 and 31, United States Code, respectively, to— (A) provide a clear definition and explanation of a foreign court or tribunal ; and (B) require congressional notification whenever the Fund makes a settlement or court ordered lump sum or aggregated payment exceeding $500 million; and (3) require legislative action to approve payments from the Fund in excess of a specified threshold, increase transparency, and require Federal agencies to reimburse the Fund over a fixed time period. 525. Policy statement on responsible stewardship of taxpayer dollars (a) Findings The House finds that significant savings were achieved by the House by consolidating operations and renegotiating contracts. (b) Policy on responsible stewardship of taxpayer dollars It is the policy of this concurrent resolution that— (1) the House should be a model for the responsible stewardship of taxpayer resources, and identify any savings that can be achieved through greater productivity and efficiency gains in the operation and maintenance of House services and resources, including printing, conferences, utilities, telecommunications, furniture, grounds maintenance, postage, and rent; (2) the House should review policies and procedures for the acquisition of goods and services to eliminate unnecessary spending; (3) the Committee on House Administration should review the policies pertaining to services provided to Members and committees of the House, and identify ways to reduce any subsidies paid for the operation of the House gym, barber shop, salon, and the House dining room; (4) no taxpayer funds should be used to purchase first class airfare or to lease corporate jets for Members of Congress; and (5) retirement benefits for Members of Congress should not include free, taxpayer-funded health care for life. 526. Policy statement on tax reform (a) Findings The House finds the following: (1) A world-class tax system should be simple, fair, and promote (rather than impede) economic growth. The United States tax code fails on all 3 counts: it is complex, unfair, and inefficient. The tax code’s complexity distorts decisions to work, save, and invest, which leads to slower economic growth, lower wages, and less job creation. (2) Standard economic theory holds that high marginal tax rates lessen the incentives to work, save, and invest, which reduces economic output and job creation. Lower economic output, in turn, mutes the intended revenue gain from higher marginal tax rates. (3) Roughly half of United States active business income and half of private sector employment are derived from business entities (such as partnerships, S corporations, and sole proprietorships) that are taxed on a pass-through basis, meaning the income is taxed at individual rates rather than corporate rates. Small businesses, in particular, tend to choose this form for Federal tax purposes, and the highest Federal rate on such small business income can reach nearly 45 percent. For these reasons, sound economic policy requires lowering marginal rates on these pass-through entities. (4) The top United States corporate income tax rate (including Federal, State, and local taxes) is slightly more than 39 percent, the highest rate in the industrialized world. Tax rates this high suppress wages, discourage investment and job creation, distort business activity, and put American businesses at a competitive disadvantage with foreign competitors. (5) By deterring potential investment, the United States corporate tax restrains economic growth and job creation. The United States tax rate differential fosters a variety of complicated multinational corporate practices intended to avoid the tax, which have the effect of moving the tax base offshore, destroying American jobs, and decreasing corporate revenue. (6) The world-wide structure of United States international taxation essentially taxes earnings of United States firms twice, putting them at a significant competitive disadvantage with competitors that have more competitive international tax systems. (7) Reforming the tax code would boost the competitiveness of United States companies operating abroad and significantly reduce tax avoidance. (8) The tax code imposes costs on American workers through lower wages, consumers in higher prices, and investors in diminished returns. (9) Increasing taxes to raise revenue and meet out-of-control spending would sink the economy and Americans’ ability to save for their children’s education and retirement. (10) Closing special preference carve outs in our tax code to finance higher spending does not constitute fundamental tax reform. (11) Tax reform should curb or eliminate tax breaks and use those savings to lower tax rates across the board, not to fund more wasteful Federal Government spending. Washington has a spending problem, not a revenue problem. (12) Many economists believe that fundamental tax reform, including a broader tax base and lower tax rates, would lead to greater labor supply and increased investment, which would have a positive impact on total national output. (b) Policy on tax reform It is the policy of this concurrent resolution that the House should consider comprehensive tax reform legislation that promotes economic growth, creates American jobs, increases wages, and benefits American consumers, investors, and workers by— (1) simplifying the tax code to make it fairer to American families and businesses and reducing the amount of time and resources necessary to comply with tax laws; (2) substantially lowering tax rates for individuals and consolidating the current seven individual income tax brackets into fewer brackets; (3) repealing the Alternative Minimum Tax; (4) reducing the corporate tax rate; and (5) transitioning the tax code to a more competitive system of international taxation.

July 21, 2017 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: IV 115th CONGRESS 1st Session H. CON. RES. 71 IN THE HOUSE OF REPRESENTATIVES CONCURRENT RESOLUTION Establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.

1. Concurrent resolution on the budget for fiscal year 2018 (a) Declaration The Congress determines and declares that prior concurrent resolutions on the budget are replaced as of fiscal year 2018 and that this concurrent resolution establishes the budget for fiscal year 2018 and sets forth the appropriate budgetary levels for fiscal years 2019 through 2027. (b) Table of Contents The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2018. Title I—Recommended levels and amounts Sec. 101. Recommended levels and amounts. Sec. 102. Major functional categories. Title II—Reconciliation and Related Matters Sec. 201. Reconciliation in the House of Representatives. Title III—Budget enforcement in the House of Representatives Subtitle A—Budget enforcement Sec. 301. Point of order against increasing long-term direct spending. Sec. 302. Allocation for Overseas Contingency Operations/Global War on Terrorism. Sec. 303. Limitation on changes in certain mandatory programs. Sec. 304. Limitation on advance appropriations. Sec. 305. Estimates of debt service costs. Sec. 306. Fair-value credit estimates. Sec. 307. Estimates of macroeconomic effects of major legislation. Sec. 308. Adjustments for improved control of budgetary resources. Sec. 309. Scoring rule for Energy Savings Performance Contracts. Sec. 310. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund. Sec. 311. Prohibition on use of Federal Reserve surpluses as an offset. Sec. 312. Prohibition on use of guarantee fees as an offset. Subtitle B—Other provisions Sec. 321. Budgetary treatment of administrative expenses. Sec. 322. Application and effect of changes in allocations and aggregates. Sec. 323. Adjustments to reflect changes in concepts and definitions. Sec. 324. Adjustment for changes in the baseline. Sec. 325. Application of rule regarding limits on discretionary spending. Sec. 326. Exercise of rulemaking powers. Title IV—Reserve funds in the House of Representatives Sec. 401. Reserve fund for commercialization of air traffic control. Sec. 402. Reserve fund for investments in national infrastructure. Sec. 403. Reserve fund for comprehensive tax reform. Sec. 404. Reserve fund for the State Children’s Health Insurance Program. Sec. 405. Reserve fund for the repeal or replacement of President Obama’s health care laws. Title V—Policy Statements in the House of Representatives Sec. 501. Policy statement on a balanced budget amendment. Sec. 502. Policy statement on budget process reform. Sec. 503. Policy statement on Federal regulatory budgeting and reform. Sec. 504. Policy statement on unauthorized appropriations. Sec. 505. Policy statement on Federal accounting. Sec. 506. Policy statement on Commission on Budget Concepts. Sec. 507. Policy statement on budget enforcement. Sec. 508. Policy statement on improper payments. Sec. 509. Policy statement on expenditures from agency fees and spending. Sec. 510. Policy statement on promoting real health care reform. Sec. 511. Policy statement on Medicare. Sec. 512. Policy statement on combating the opioid epidemic. Sec. 513. Policy statement on the State Children’s Health Insurance Program. Sec. 514. Policy statement on medical discovery, development, delivery, and innovation. Sec. 515. Policy statement on public health preparedness. Sec. 516. Policy statement on Social Security. Sec. 517. Policy statement on Medicaid work requirements. Sec. 518. Policy statement on welfare reform and Supplemental Nutrition Assistance Program work requirements. Sec. 519. Policy Statement on State flexibility in Supplemental Nutrition Assistance Program. Sec. 520. Policy statement on higher education and workforce development opportunity. Sec. 521. Policy statement on supplemental wildfire suppression funding. Sec. 522. Policy statement on the Department of Veterans Affairs. Sec. 523. Policy statement on moving the United States Postal Service on budget. Sec. 524. Policy statement on the Judgment Fund. Sec. 525. Policy statement on responsible stewardship of taxpayer dollars. Sec. 526. Policy statement on tax reform. I Recommended levels and amounts 101. Recommended levels and amounts The following budgetary levels are appropriate for each of fiscal years 2018 through 2027: (1) Federal revenues For purposes of the enforcement of this concurrent resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2018: $2,670,356,000,000. Fiscal year 2019: $2,767,357,000,000. Fiscal year 2020: $2,870,414,000,000. Fiscal year 2021: $2,963,953,000,000. Fiscal year 2022: $3,077,586,000,000. Fiscal year 2023: $3,195,139,000,000. Fiscal year 2024: $3,325,690,000,000. Fiscal year 2025: $3,475,784,000,000. Fiscal year 2026: $3,642,629,000,000. Fiscal year 2027: $3,811,687,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2018: -$63,213,000,000. Fiscal year 2019: -$66,151,000,000. Fiscal year 2020: -$80,162,000,000. Fiscal year 2021: -$95,958,000,000. Fiscal year 2022: -$105,330,000,000. Fiscal year 2023: -$122,777,000,000. Fiscal year 2024: -$136,738,000,000. Fiscal year 2025: -$146,394,000,000. Fiscal year 2026: -$146,749,000,000. Fiscal year 2027: -$146,700,000,000. (2) New budget authority For purposes of the enforcement of this concurrent resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,232,597,000,000. Fiscal year 2019: $3,286,018,000,000. Fiscal year 2020: $3,299,573,000,000. Fiscal year 2021: $3,290,186,000,000. Fiscal year 2022: $3,441,975,000,000. Fiscal year 2023: $3,483,686,000,000. Fiscal year 2024: $3,528,872,000,000. Fiscal year 2025: $3,655,413,000,000. Fiscal year 2026: $3,746,208,000,000. Fiscal year 2027: $3,824,652,000,000. (3) Budget outlays For purposes of the enforcement of this concurrent resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,164,885,000,000. Fiscal year 2019: $3,265,306,000,000. Fiscal year 2020: $3,283,026,000,000. Fiscal year 2021: $3,323,464,000,000. Fiscal year 2022: $3,441,603,000,000. Fiscal year 2023: $3,467,047,000,000. Fiscal year 2024: $3,497,308,000,000. Fiscal year 2025: $3,620,210,000,000. Fiscal year 2026: $3,727,971,000,000. Fiscal year 2027: $3,806,792,000,000. (4) Deficits (on-budget) For purposes of the enforcement of this concurrent resolution, the amounts of the deficits (on-budget) are as follows: Fiscal year 2018: $494,529,000,000. Fiscal year 2019: $497,949,000,000. Fiscal year 2020: $412,612,000,000. Fiscal year 2021: $359,511,000,000. Fiscal year 2022: $364,017,000,000. Fiscal year 2023: $271,908,000,000. Fiscal year 2024: $171,618,000,000. Fiscal year 2025: $144,426,000,000. Fiscal year 2026: $85,342,000,000. Fiscal year 2027: -$4,895,000,000. (5) Debt subject to limit The appropriate levels of debt subject to limit are as follows: Fiscal year 2018: $21,059,756,000,000. Fiscal year 2019: $21,720,619,000,000. Fiscal year 2020: $22,263,387,000,000. Fiscal year 2021: $22,717,657,000,000. Fiscal year 2022: $23,120,068,000,000. Fiscal year 2023: $23,414,924,000,000. Fiscal year 2024: $23,577,205,000,000. Fiscal year 2025: $23,665,687,000,000. Fiscal year 2026: $23,701,446,000,000. Fiscal year 2027: $23,484,672,000,000. (6) Debt held by the public The appropriate levels of debt held by the public are as follows: Fiscal year 2018: $15,399,966,000,000. Fiscal year 2019: $15,971,804,000,000. Fiscal year 2020: $16,477,150,000,000. Fiscal year 2021: $16,920,847,000,000. Fiscal year 2022: $17,371,706,000,000. Fiscal year 2023: $17,720,326,000,000. Fiscal year 2024: $17,949,306,000,000. Fiscal year 2025: $18,156,356,000,000. Fiscal year 2026: $18,299,466,000,000. Fiscal year 2027: $18,345,826,000,000. 102. Major functional categories The Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2018 through 2027 for each major functional category are: (1) National Defense (050): Fiscal year 2018: (A) New budget authority, $629,595,000,000. (B) Outlays, $607,810,000,000. Fiscal year 2019: (A) New budget authority, $660,832,000,000. (B) Outlays, $636,795,000,000. Fiscal year 2020: (A) New budget authority, $693,646,000,000. (B) Outlays, $666,519,000,000. Fiscal year 2021: (A) New budget authority, $728,125,000,000. (B) Outlays, $698,761,000,000. Fiscal year 2022: (A) New budget authority, $731,818,000,000. (B) Outlays, $717,568,000,000. Fiscal year 2023: (A) New budget authority, $735,468,000,000. (B) Outlays, $720,401,000,000. Fiscal year 2024: (A) New budget authority, $739,157,000,000. (B) Outlays, $720,755,000,000. Fiscal year 2025: (A) New budget authority, $742,886,000,000. (B) Outlays, $729,581,000,000. Fiscal year 2026: (A) New budget authority, $747,414,000,000. (B) Outlays, $734,037,000,000. Fiscal year 2027: (A) New budget authority, $751,098,000,000. (B) Outlays, $737,798,000,000. (2) International Affairs (150): Fiscal year 2018: (A) New budget authority, $41,521,000,000. (B) Outlays, $43,643,000,000. Fiscal year 2019: (A) New budget authority, $40,210,000,000. (B) Outlays, $41,207,000,000. Fiscal year 2020: (A) New budget authority, $39,428,000,000. (B) Outlays, $39,965,000,000. Fiscal year 2021: (A) New budget authority, $38,654,000,000. (B) Outlays, $38,585,000,000. Fiscal year 2022: (A) New budget authority, $37,623,000,000. (B) Outlays, $38,021,000,000. Fiscal year 2023: (A) New budget authority, $38,445,000,000. (B) Outlays, $37,795,000,000. Fiscal year 2024: (A) New budget authority, $39,285,000,000. (B) Outlays, $38,102,000,000. Fiscal year 2025: (A) New budget authority, $40,174,000,000. (B) Outlays, $38,643,000,000. Fiscal year 2026: (A) New budget authority, $41,121,000,000. (B) Outlays, $39,365,000,000. Fiscal year 2027: (A) New budget authority, $42,025,000,000. (B) Outlays, $40,175,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2018: (A) New budget authority, $28,524,000,000. (B) Outlays, $30,072,000,000. Fiscal year 2019: (A) New budget authority, $29,107,000,000. (B) Outlays, $29,365,000,000. Fiscal year 2020: (A) New budget authority, $29,702,000,000. (B) Outlays, $29,360,000,000. Fiscal year 2021: (A) New budget authority, $30,346,000,000. (B) Outlays, $29,718,000,000. Fiscal year 2022: (A) New budget authority, $31,018,000,000. (B) Outlays, $30,259,000,000. Fiscal year 2023: (A) New budget authority, $31,694,000,000. (B) Outlays, $30,797,000,000. Fiscal year 2024: (A) New budget authority, $32,378,000,000. (B) Outlays, $31,325,000,000. Fiscal year 2025: (A) New budget authority, $33,112,000,000. (B) Outlays, $31,928,000,000. Fiscal year 2026: (A) New budget authority, $33,854,000,000. (B) Outlays, $32,550,000,000. Fiscal year 2027: (A) New budget authority, $34,602,000,000. (B) Outlays, $33,162,000,000. (4) Energy (270): Fiscal year 2018: (A) New budget authority, -$3,088,000,000. (B) Outlays, $2,559,000,000. Fiscal year 2019: (A) New budget authority, $1,704,000,000. (B) Outlays, $1,714,000,000. Fiscal year 2020: (A) New budget authority, -$11,179,000,000. (B) Outlays, -$11,813,000,000. Fiscal year 2021: (A) New budget authority, $1,871,000,000. (B) Outlays, $786,000,000. Fiscal year 2022: (A) New budget authority, $1,705,000,000. (B) Outlays, $445,000,000. Fiscal year 2023: (A) New budget authority, $754,000,000. (B) Outlays, -$491,000,000. Fiscal year 2024: (A) New budget authority, $437,000,000. (B) Outlays, -$727,000,000. Fiscal year 2025: (A) New budget authority, -$4,000,000. (B) Outlays, -$1,052,000,000. Fiscal year 2026: (A) New budget authority, $2,233,000,000. (B) Outlays, $1,207,000,000. Fiscal year 2027: (A) New budget authority, $2,324,000,000. (B) Outlays, $1,370,000,000. (5) Natural Resources and Environment (300): Fiscal year 2018: (A) New budget authority, $31,720,000,000. (B) Outlays, $35,641,000,000. Fiscal year 2019: (A) New budget authority, $31,856,000,000. (B) Outlays, $33,751,000,000. Fiscal year 2020: (A) New budget authority, $33,255,000,000. (B) Outlays, $33,581,000,000. Fiscal year 2021: (A) New budget authority, $32,704,000,000. (B) Outlays, $32,652,000,000. Fiscal year 2022: (A) New budget authority, $34,295,000,000. (B) Outlays, $33,909,000,000. Fiscal year 2023: (A) New budget authority, $34,684,000,000. (B) Outlays, $34,186,000,000. Fiscal year 2024: (A) New budget authority, $34,598,000,000. (B) Outlays, $34,081,000,000. Fiscal year 2025: (A) New budget authority, $35,520,000,000. (B) Outlays, $34,921,000,000. Fiscal year 2026: (A) New budget authority, $36,186,000,000. (B) Outlays, $35,526,000,000. Fiscal year 2027: (A) New budget authority, $36,742,000,000. (B) Outlays, $36,078,000,000. (6) Agriculture (350): Fiscal year 2018: (A) New budget authority, $24,223,000,000. (B) Outlays, $22,913,000,000. Fiscal year 2019: (A) New budget authority, $21,091,000,000. (B) Outlays, $20,200,000,000. Fiscal year 2020: (A) New budget authority, $19,786,000,000. (B) Outlays, $19,293,000,000. Fiscal year 2021: (A) New budget authority, $18,217,000,000. (B) Outlays, $17,660,000,000. Fiscal year 2022: (A) New budget authority, $17,835,000,000. (B) Outlays, $17,339,000,000. Fiscal year 2023: (A) New budget authority, $18,153,000,000. (B) Outlays, $17,713,000,000. Fiscal year 2024: (A) New budget authority, $18,880,000,000. (B) Outlays, $18,331,000,000. Fiscal year 2025: (A) New budget authority, $19,863,000,000. (B) Outlays, $19,225,000,000. Fiscal year 2026: (A) New budget authority, $20,214,000,000. (B) Outlays, $19,593,000,000. Fiscal year 2027: (A) New budget authority, $20,422,000,000. (B) Outlays, $19,817,000,000. (7) Commerce and Housing Credit (370): Fiscal year 2018: (A) New budget authority, -$7,287,000,000. (B) Outlays, -$19,601,000,000. Fiscal year 2019: (A) New budget authority, -$7,517,000,000. (B) Outlays, -$15,753,000,000. Fiscal year 2020: (A) New budget authority, -$10,358,000,000. (B) Outlays, -$18,126,000,000. Fiscal year 2021: (A) New budget authority, -$13,446,000,000. (B) Outlays, -$22,106,000,000. Fiscal year 2022: (A) New budget authority, -$12,880,000,000. (B) Outlays, -$22,470,000,000. Fiscal year 2023: (A) New budget authority, -$12,330,000,000. (B) Outlays, -$22,598,000,000. Fiscal year 2024: (A) New budget authority, -$10,989,000,000. (B) Outlays, -$22,362,000,000. Fiscal year 2025: (A) New budget authority, -$10,255,000,000. (B) Outlays, -$22,849,000,000. Fiscal year 2026: (A) New budget authority, -$11,141,000,000. (B) Outlays, -$23,569,000,000. Fiscal year 2027: (A) New budget authority, -$11,933,000,000. (B) Outlays, -$24,521,000,000. (8) Transportation (400): Fiscal year 2018: (A) New budget authority, $88,095,000,000. (B) Outlays, $91,796,000,000. Fiscal year 2019: (A) New budget authority, $88,892,000,000. (B) Outlays, $90,602,000,000. Fiscal year 2020: (A) New budget authority, $82,748,000,000. (B) Outlays, $90,508,000,000. Fiscal year 2021: (A) New budget authority, $37,190,000,000. (B) Outlays, $77,995,000,000. Fiscal year 2022: (A) New budget authority, $66,950,000,000. (B) Outlays, $65,076,000,000. Fiscal year 2023: (A) New budget authority, $66,895,000,000. (B) Outlays, $68,694,000,000. Fiscal year 2024: (A) New budget authority, $67,483,000,000. (B) Outlays, $69,617,000,000. Fiscal year 2025: (A) New budget authority, $68,481,000,000. (B) Outlays, $69,074,000,000. Fiscal year 2026: (A) New budget authority, $69,714,000,000. (B) Outlays, $69,044,000,000. Fiscal year 2027: (A) New budget authority, $70,948,000,000. (B) Outlays, $69,741,000,000. (9) Community and Regional Development (450): Fiscal year 2018: (A) New budget authority, $4,365,000,000. (B) Outlays, $18,626,000,000. Fiscal year 2019: (A) New budget authority, $4,170,000,000. (B) Outlays, $16,983,000,000. Fiscal year 2020: (A) New budget authority, $4,240,000,000. (B) Outlays, $11,842,000,000. Fiscal year 2021: (A) New budget authority, $4,353,000,000. (B) Outlays, $9,558,000,000. Fiscal year 2022: (A) New budget authority, $4,487,000,000. (B) Outlays, $6,386,000,000. Fiscal year 2023: (A) New budget authority, $4,556,000,000. (B) Outlays, $5,090,000,000. Fiscal year 2024: (A) New budget authority, $4,673,000,000. (B) Outlays, $4,745,000,000. Fiscal year 2025: (A) New budget authority, $4,857,000,000. (B) Outlays, $4,767,000,000. Fiscal year 2026: (A) New budget authority, $5,077,000,000. (B) Outlays, $4,805,000,000. Fiscal year 2027: (A) New budget authority, $4,953,000,000. (B) Outlays, $4,809,000,000. (10) Education, Training, Employment, and Social Services (500): Fiscal year 2018: (A) New budget authority, $69,920,000,000. (B) Outlays, $89,295,000,000. Fiscal year 2019: (A) New budget authority, $79,090,000,000. (B) Outlays, $81,404,000,000. Fiscal year 2020: (A) New budget authority, $80,305,000,000. (B) Outlays, $81,129,000,000. Fiscal year 2021: (A) New budget authority, $81,922,000,000. (B) Outlays, $82,479,000,000. Fiscal year 2022: (A) New budget authority, $82,350,000,000. (B) Outlays, $83,539,000,000. Fiscal year 2023: (A) New budget authority, $86,279,000,000. (B) Outlays, $85,843,000,000. Fiscal year 2024: (A) New budget authority, $86,641,000,000. (B) Outlays, $87,897,000,000. Fiscal year 2025: (A) New budget authority, $86,977,000,000. (B) Outlays, $88,522,000,000. Fiscal year 2026: (A) New budget authority, $87,459,000,000. (B) Outlays, $89,186,000,000. Fiscal year 2027: (A) New budget authority, $88,216,000,000. (B) Outlays, $90,080,000,000. (11) Health (550): Fiscal year 2018: (A) New budget authority, $579,328,000,000. (B) Outlays, $551,277,000,000. Fiscal year 2019: (A) New budget authority, $564,387,000,000. (B) Outlays, $570,419,000,000. Fiscal year 2020: (A) New budget authority, $552,405,000,000. (B) Outlays, $541,949,000,000. Fiscal year 2021: (A) New budget authority, $512,289,000,000. (B) Outlays, $518,445,000,000. Fiscal year 2022: (A) New budget authority, $528,560,000,000. (B) Outlays, $533,688,000,000. Fiscal year 2023: (A) New budget authority, $547,998,000,000. (B) Outlays, $549,687,000,000. Fiscal year 2024: (A) New budget authority, $571,335,000,000. (B) Outlays, $569,207,000,000. Fiscal year 2025: (A) New budget authority, $594,923,000,000. (B) Outlays, $591,171,000,000. Fiscal year 2026: (A) New budget authority, $618,119,000,000. (B) Outlays, $613,682,000,000. Fiscal year 2027: (A) New budget authority, $623,810,000,000. (B) Outlays, $626,774,000,000. (12) Medicare (570): Fiscal year 2018: (A) New budget authority, $593,830,000,000. (B) Outlays, $593,567,000,000. Fiscal year 2019: (A) New budget authority, $652,984,000,000. (B) Outlays, $652,740,000,000. Fiscal year 2020: (A) New budget authority, $692,126,000,000. (B) Outlays, $691,917,000,000. Fiscal year 2021: (A) New budget authority, $739,367,000,000. (B) Outlays, $739,161,000,000. Fiscal year 2022: (A) New budget authority, $826,276,000,000. (B) Outlays, $826,057,000,000. Fiscal year 2023: (A) New budget authority, $845,800,000,000. (B) Outlays, $845,593,000,000. Fiscal year 2024: (A) New budget authority, $850,393,000,000. (B) Outlays, $850,177,000,000. Fiscal year 2025: (A) New budget authority, $916,244,000,000. (B) Outlays, $916,009,000,000. Fiscal year 2026: (A) New budget authority, $988,183,000,000. (B) Outlays, $987,942,000,000. Fiscal year 2027: (A) New budget authority, $1,053,671,000,000. (B) Outlays, $1,053,435,000,000. (13) Income Security (600): Fiscal year 2018: (A) New budget authority, $491,789,000,000. (B) Outlays, $477,428,000,000. Fiscal year 2019: (A) New budget authority, $464,425,000,000. (B) Outlays, $454,786,000,000. Fiscal year 2020: (A) New budget authority, $475,015,000,000. (B) Outlays, $464,925,000,000. Fiscal year 2021: (A) New budget authority, $484,414,000,000. (B) Outlays, $475,140,000,000. Fiscal year 2022: (A) New budget authority, $492,453,000,000. (B) Outlays, $489,299,000,000. Fiscal year 2023: (A) New budget authority, $475,767,000,000. (B) Outlays, $468,217,000,000. Fiscal year 2024: (A) New budget authority, $484,425,000,000. (B) Outlays, $471,370,000,000. Fiscal year 2025: (A) New budget authority, $493,048,000,000. (B) Outlays, $480,920,000,000. Fiscal year 2026: (A) New budget authority, $502,057,000,000. (B) Outlays, $496,505,000,000. Fiscal year 2027: (A) New budget authority, $511,675,000,000. (B) Outlays, $505,382,000,000. (14) Social Security (650): Fiscal year 2018: (A) New budget authority, $39,475,000,000. (B) Outlays, $39,475,000,000. Fiscal year 2019: (A) New budget authority, $43,016,000,000. (B) Outlays, $43,016,000,000. Fiscal year 2020: (A) New budget authority, $46,287,000,000. (B) Outlays, $46,287,000,000. Fiscal year 2021: (A) New budget authority, $49,748,000,000. (B) Outlays, $49,748,000,000. Fiscal year 2022: (A) New budget authority, $53,392,000,000. (B) Outlays, $53,392,000,000. Fiscal year 2023: (A) New budget authority, $57,378,000,000. (B) Outlays, $57,378,000,000. Fiscal year 2024: (A) New budget authority, $61,764,000,000. (B) Outlays, $61,764,000,000. Fiscal year 2025: (A) New budget authority, $66,388,000,000. (B) Outlays, $66,388,000,000. Fiscal year 2026: (A) New budget authority, $70,871,000,000. (B) Outlays, $70,871,000,000. Fiscal year 2027: (A) New budget authority, $75,473,000,000. (B) Outlays, $75,473,000,000. (15) Veterans Benefits and Services (700): Fiscal year 2018: (A) New budget authority, $176,704,000,000. (B) Outlays, $178,038,000,000. Fiscal year 2019: (A) New budget authority, $191,507,000,000. (B) Outlays, $190,235,000,000. Fiscal year 2020: (A) New budget authority, $194,930,000,000. (B) Outlays, $193,931,000,000. Fiscal year 2021: (A) New budget authority, $199,751,000,000. (B) Outlays, $197,856,000,000. Fiscal year 2022: (A) New budget authority, $215,442,000,000. (B) Outlays, $213,337,000,000. Fiscal year 2023: (A) New budget authority, $212,567,000,000. (B) Outlays, $210,444,000,000. Fiscal year 2024: (A) New budget authority, $209,943,000,000. (B) Outlays, $207,908,000,000. Fiscal year 2025: (A) New budget authority, $227,991,000,000. (B) Outlays, $225,820,000,000. Fiscal year 2026: (A) New budget authority, $234,947,000,000. (B) Outlays, $232,660,000,000. Fiscal year 2027: (A) New budget authority, $243,718,000,000. (B) Outlays, $241,501,000,000. (16) Administration of Justice (750): Fiscal year 2018: (A) New budget authority, $51,367,000,000. (B) Outlays, $61,079,000,000. Fiscal year 2019: (A) New budget authority, $58,245,000,000. (B) Outlays, $58,867,000,000. Fiscal year 2020: (A) New budget authority, $59,720,000,000. (B) Outlays, $60,036,000,000. Fiscal year 2021: (A) New budget authority, $61,054,000,000. (B) Outlays, $60,946,000,000. Fiscal year 2022: (A) New budget authority, $62,092,000,000. (B) Outlays, $61,925,000,000. Fiscal year 2023: (A) New budget authority, $63,671,000,000. (B) Outlays, $63,462,000,000. Fiscal year 2024: (A) New budget authority, $65,285,000,000. (B) Outlays, $65,043,000,000. Fiscal year 2025: (A) New budget authority, $66,947,000,000. (B) Outlays, $66,498,000,000. Fiscal year 2026: (A) New budget authority, $69,907,000,000. (B) Outlays, $70,200,000,000. Fiscal year 2027: (A) New budget authority, $70,270,000,000. (B) Outlays, $69,722,000,000. (17) General Government (800): Fiscal year 2018: (A) New budget authority, $23,564,000,000. (B) Outlays, $23,091,000,000. Fiscal year 2019: (A) New budget authority, $23,948,000,000. (B) Outlays, $23,314,000,000. Fiscal year 2020: (A) New budget authority, $23,557,000,000. (B) Outlays, $23,303,000,000. Fiscal year 2021: (A) New budget authority, $23,386,000,000. (B) Outlays, $23,190,000,000. Fiscal year 2022: (A) New budget authority, $23,127,000,000. (B) Outlays, $23,013,000,000. Fiscal year 2023: (A) New budget authority, $26,420,000,000. (B) Outlays, $26,057,000,000. Fiscal year 2024: (A) New budget authority, $26,351,000,000. (B) Outlays, $26,168,000,000. Fiscal year 2025: (A) New budget authority, $26,246,000,000. (B) Outlays, $26,060,000,000. Fiscal year 2026: (A) New budget authority, $26,083,000,000. (B) Outlays, $25,917,000,000. Fiscal year 2027: (A) New budget authority, $25,855,000,000. (B) Outlays, $25,722,000,000. (18) Net Interest (900): Fiscal year 2018: (A) New budget authority, $376,842,000,000. (B) Outlays, $376,842,000,000. Fiscal year 2019: (A) New budget authority, $409,185,000,000. (B) Outlays, $409,185,000,000. Fiscal year 2020: (A) New budget authority, $450,859,000,000. (B) Outlays, $450,859,000,000. Fiscal year 2021: (A) New budget authority, $493,778,000,000. (B) Outlays, $493,778,000,000. Fiscal year 2022: (A) New budget authority, $531,929,000,000. (B) Outlays, $531,929,000,000. Fiscal year 2023: (A) New budget authority, $565,282,000,000. (B) Outlays, $565,282,000,000. Fiscal year 2024: (A) New budget authority, $589,292,000,000. (B) Outlays, $589,292,000,000. Fiscal year 2025: (A) New budget authority, $607,012,000,000. (B) Outlays, $607,012,000,000. Fiscal year 2026: (A) New budget authority, $620,536,000,000. (B) Outlays, $620,536,000,000. Fiscal year 2027: (A) New budget authority, $623,786,000,000. (B) Outlays, $623,911,000,000. (19) Allowances (920): Fiscal year 2018: (A) New budget authority, -$44,505,000,000. (B) Outlays, -$23,272,000,000. Fiscal year 2019: (A) New budget authority, -$42,219,000,000. (B) Outlays, -$34,499,000,000. Fiscal year 2020: (A) New budget authority, -$45,246,000,000. (B) Outlays, -$40,640,000,000. Fiscal year 2021: (A) New budget authority, -$48,056,000,000. (B) Outlays, -$44,164,000,000. Fiscal year 2022: (A) New budget authority, -$50,544,000,000. (B) Outlays, -$47,877,000,000. Fiscal year 2023: (A) New budget authority, -$52,326,000,000. (B) Outlays, -$49,819,000,000. Fiscal year 2024: (A) New budget authority, -$53,659,000,000. (B) Outlays, -$51,411,000,000. Fiscal year 2025: (A) New budget authority, -$55,439,000,000. (B) Outlays, -$53,060,000,000. Fiscal year 2026: (A) New budget authority, -$51,908,000,000. (B) Outlays, -$52,127,000,000. Fiscal year 2027: (A) New budget authority, -$55,254,000,000. (B) Outlays, -$53,919,000,000. (20) Government-wide savings and adjustments (930): Fiscal year 2018: (A) New budget authority, $34,145,000,000. (B) Outlays, $2,778,000,000. Fiscal year 2019: (A) New budget authority, -$1,555,000,000. (B) Outlays, -$2,528,000,000. Fiscal year 2020: (A) New budget authority, -$67,381,000,000. (B) Outlays, -$47,665,000,000. Fiscal year 2021: (A) New budget authority, -$120,155,000,000. (B) Outlays, -$97,069,000,000. Fiscal year 2022: (A) New budget authority, -$153,376,000,000. (B) Outlays, -$137,459,000,000. Fiscal year 2023: (A) New budget authority, -$174,438,000,000. (B) Outlays, -$159,489,000,000. Fiscal year 2024: (A) New budget authority, -$194,373,000,000. (B) Outlays, -$179,541,000,000. Fiscal year 2025: (A) New budget authority, -$193,336,000,000. (B) Outlays, -$187,355,000,000. Fiscal year 2026: (A) New budget authority, -$246,573,000,000. (B) Outlays, -$223,016,000,000. Fiscal year 2027: (A) New budget authority, -$258,801,000,000. (B) Outlays, -$240,977,000,000. (21) Undistributed Offsetting Receipts (950): Fiscal year 2018: (A) New budget authority, -$83,212,000,000. (B) Outlays, -$83,212,000,000. Fiscal year 2019: (A) New budget authority, -$86,409,000,000. (B) Outlays, -$86,409,000,000. Fiscal year 2020: (A) New budget authority, -$86,316,000,000. (B) Outlays, -$86,316,000,000. Fiscal year 2021: (A) New budget authority, -$90,347,000,000. (B) Outlays, -$90,347,000,000. Fiscal year 2022: (A) New budget authority, -$93,573,000,000. (B) Outlays, -$93,573,000,000. Fiscal year 2023: (A) New budget authority, -$100,001,000,000. (B) Outlays, -$100,001,000,000. Fiscal year 2024: (A) New budget authority, -$105,371,000,000. (B) Outlays, -$105,371,000,000. Fiscal year 2025: (A) New budget authority, -$115,139,000,000. (B) Outlays, -$115,139,000,000. Fiscal year 2026: (A) New budget authority, -$117,033,000,000. (B) Outlays, -$117,033,000,000. Fiscal year 2027: (A) New budget authority, -$127,808,000,000. (B) Outlays, -$127,808,000,000. (22) Overseas Contingency Operations/Global War on Terrorism (970): Fiscal year 2018: (A) New budget authority, $86,591,000,000. (B) Outlays, $45,781,000,000. Fiscal year 2019: (A) New budget authority, $60,000,000,000. (B) Outlays, $50,748,000,000. Fiscal year 2020: (A) New budget authority, $43,000,000,000. (B) Outlays, $43,076,000,000. Fiscal year 2021: (A) New budget authority, $26,000,000,000. (B) Outlays, $31,635,000,000. Fiscal year 2022: (A) New budget authority, $12,000,000,000. (B) Outlays, $18,768,000,000. Fiscal year 2023: (A) New budget authority, $12,000,000,000. (B) Outlays, $13,799,000,000. Fiscal year 2024: (A) New budget authority, $12,000,000,000. (B) Outlays, $11,957,000,000. Fiscal year 2025: (A) New budget authority, $0. (B) Outlays, $4,171,000,000. Fiscal year 2026: (A) New budget authority, $0. (B) Outlays, $1,160,000,000. Fiscal year 2027: (A) New budget authority, $0. (B) Outlays, $165,000,000. (23) Across-the-Board Adjustment (990): Fiscal year 2018: (A) New budget authority, -$909,000,000. (B) Outlays, -$740,000,000. Fiscal year 2019: (A) New budget authority, -$931,000,000. (B) Outlays, -$837,000,000. Fiscal year 2020: (A) New budget authority, -$956,000,000. (B) Outlays, -$895,000,000. Fiscal year 2021: (A) New budget authority, -$979,000,000. (B) Outlays, -$944,000,000. Fiscal year 2022: (A) New budget authority, -$1,004,000,000. (B) Outlays, -$968,000,000. Fiscal year 2023: (A) New budget authority, -$1,030,000,000. (B) Outlays, -$993,000,000. Fiscal year 2024: (A) New budget authority, -$1,056,000,000. (B) Outlays, -$1,018,000,000. Fiscal year 2025: (A) New budget authority, -$1,083,000,000. (B) Outlays, -$1,045,000,000. Fiscal year 2026: (A) New budget authority, -$1,112,000,000. (B) Outlays, -$1,070,000,000. Fiscal year 2027: (A) New budget authority, -$1,140,000,000. (B) Outlays, -$1,099,000,000. II Reconciliation and Related Matters 201. Reconciliation in the House of Representatives (a) Submissions providing for reconciliation Not later than October 6, 2017, the committees named in subsection (b) shall submit their recommendations on changes in laws within their jurisdictions to the Committee on the Budget that would achieve the specified reduction in the deficit for the period of fiscal years 2018 through 2027. (b) Instructions (1) Committee on Agriculture The Committee on Agriculture shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $10,000,000,000 for the period of fiscal years 2018 through 2027. (2) Committee on Armed Services The Committee on Armed Services shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $1,000,000,000 for the period of fiscal years 2018 through 2027. (3) Committee on Education and the Workforce The Committee on Education and the Workforce shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $20,000,000,000 for the period of fiscal years 2018 through 2027. (4) Committee on Energy and Commerce The Committee on Energy and Commerce shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $20,000,000,000 for the period of fiscal years 2018 through 2027. (5) Committee on Financial Services The Committee on Financial Services shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $14,000,000,000 for the period of fiscal years 2018 through 2027. (6) Committee on Homeland Security The Committee on Homeland Security shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $3,000,000,000 for the period of fiscal years 2018 through 2027. (7) Committee on the Judiciary The Committee on the Judiciary shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $45,000,000,000 for the period of fiscal years 2018 through 2027. (8) Committee on Natural Resources The Committee on Natural Resources shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $5,000,000,000 for the period of fiscal years 2018 through 2027. (9) Committee on Oversight and Government Reform The Committee on Oversight and Government Reform shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $32,000,000,000 for the period of fiscal years 2018 through 2027. (10) Committee on Veterans’ Affairs The Committee on Veterans’ Affairs shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $1,000,000,000 for the period of fiscal years 2018 through 2027. (11) Committee on Ways and Means The Committee on Ways and Means shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $52,000,000,000 for the period of fiscal years 2018 through 2027. III Budget enforcement in the House of Representatives A Budget enforcement 301. Point of order against increasing long-term direct spending (a) Point of order It shall not be in order in the House of Representatives to consider any bill or joint resolution, or amendment thereto or conference report thereon, that would cause a net increase in direct spending in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods described in subsection (b). (b) Congressional Budget Office analysis of proposals The Director of the Congressional Budget Office shall, to the extent practicable, prepare an estimate of whether a bill or joint resolution reported by a committee (other than the Committee on Appropriations), or amendment thereto or conference report thereon, would cause, relative to current law, a net increase in direct spending in the House of Representatives, in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods beginning after the last fiscal year of this concurrent resolution. (c) Limitation In the House of Representatives, the provisions of this section shall not apply to any bills or joint resolutions, or amendments thereto or conference reports thereon, for which the chair of the Committee on the Budget has made adjustments to the allocations, aggregates, or other budgetary levels in this concurrent resolution. (d) Determinations of budget levels For purposes of this section, the levels of net increases in direct spending shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. (e) Sunset This section shall have no force or effect after September 30, 2018. 302. Allocation for Overseas Contingency Operations/Global War on Terrorism (a) Separate allocation for Overseas Contingency Operations/Global War on Terrorism In the House of Representatives, there shall be a separate allocation of new budget authority and outlays provided to the Committee on Appropriations for the purposes of Overseas Contingency Operations/Global War on Terrorism, which shall be deemed to be an allocation under section 302(a) of the Congressional Budget Act of 1974. Section 302(a)(3) of such Act shall not apply to such separate allocation. (b) Section 302 allocations The separate allocation referred to in subsection (a) shall be the exclusive allocation for Overseas Contingency Operations/Global War on Terrorism under section 302(b) of the Congressional Budget Act of 1974. The Committee on Appropriations of the House of Representatives may provide suballocations of such separate allocation under such section 302(b). (c) Application For purposes of enforcing the separate allocation referred to in subsection (a) under section 302(f) of the Congressional Budget Act of 1974, the first fiscal year and the total of fiscal years shall be deemed to refer to fiscal year 2018. Section 302(c) of such Act shall not apply to such separate allocation. (d) Designations New budget authority or outlays shall only be counted toward the allocation referred to in subsection (a) if designated pursuant to section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. (e) Adjustments For purposes of subsection (a) for fiscal year 2018, no adjustment shall be made under section 314(a) of the Congressional Budget Act of 1974 if any adjustment would be made under section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. 303. Limitation on changes in certain mandatory programs (a) Definition In this section, the term change in mandatory programs means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) if the provision were included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the total of the current year, the budget year, and all fiscal years covered under the most recently agreed to concurrent resolution on the budget. (b) Point of order in the House of Representatives (1) In general A provision in a bill or joint resolution making appropriations for a full fiscal year that proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3), shall not be in order in the House of Representatives. (2) Amendments and conference reports It shall not be in order in the House of Representatives to consider an amendment to, or a conference report on, a bill or joint resolution making appropriations for a full fiscal year if such amendment thereto or conference report thereon proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3). (3) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $19,100,000,000; (B) for fiscal year 2019, $17,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. 304. Limitation on advance appropriations (a) In general In the House of Representatives, except as provided for in subsection (b), any general appropriation bill or bill or joint resolution continuing appropriations, or amendment thereto or conference report thereon, may not provide advance appropriations. (b) Exceptions An advance appropriation may be provided for programs, projects, activities, or accounts identified in the report or the joint explanatory statement of managers, as applicable, accompanying this concurrent resolution under the heading— (1) General Accounts Identified for Advance Appropriations . (2) Veterans Veterans Accounts Identified for Advance Appropriations . (c) Limitations The aggregate level of advance appropriations shall not exceed— (1) General $28,852,000,000 in new budget authority for all programs identified pursuant to subsection (b)(1). (2) Veterans $70,699,313,000 in new budget authority for programs in the Department of Veterans Affairs identified pursuant to subsection (b)(2). (d) Definition The term advance appropriation means any new discretionary budget authority provided in a general appropriation bill or joint resolution continuing appropriations for fiscal year 2018, or any amendment thereto or conference report thereon, that first becomes available for the first fiscal year following fiscal year 2018. 305. Estimates of debt service costs In the House of Representatives, the chair of the Committee on the Budget may direct the Congressional Budget Office to include, in any estimate prepared under section 402 of the Congressional Budget Act of 1974 with respect to any bill or joint resolution, an estimate of any change in debt service costs resulting from carrying out such bill or resolution. Any estimate of debt service costs provided under this section shall be advisory and shall not be used for purposes of enforcement of such Act, the Rules of the House of Representatives, or this concurrent resolution. This section shall not apply to authorizations of programs funded by discretionary spending or to appropriation bills or joint resolutions, but shall apply to changes in the authorization level of appropriated entitlements. 306. Fair-value credit estimates (a) All credit programs Whenever the Director of the Congressional Budget Office provides an estimate of any measure that establishes or modifies any program providing loans or loan guarantees, the Director shall also, to the extent practicable, provide a fair-value estimate of such loan or loan guarantee program if requested by the chair of the Committee on the Budget of the House of Representatives. (b) Student financial assistance and housing programs The Director of the Congressional Budget Office shall provide, to the extent practicable, a fair-value estimate as part of any estimate for any measure that establishes or modifies a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). (c) Baseline estimates The Congressional Budget Office shall include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and such other major loan and loan guarantee programs, as practicable, in its The Budget and Economic Outlook: 2018 to 2027. (d) Enforcement in the House of Representatives If the Director of the Congressional Budget Office provides an estimate pursuant to subsection (a) or (b), the chair of the Committee on the Budget of the House of Representatives may use such estimate to determine compliance with the Congressional Budget Act of 1974 and other budget enforcement requirements. 307. Estimates of macroeconomic effects of major legislation (a) CBO and JCT estimates During the 115th Congress, any estimate of major legislation considered in the House of Representatives or the Senate provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act shall, to the extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974; and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Definitions In this section: (1) Major legislation The term major legislation means— (A) in the Senate, a bill, joint resolution, conference report, amendment, amendment between the Houses, or treaty— (i) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than— (I) 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (II) for a treaty, equal to or greater than $15,000,000,000 for that fiscal year; or (ii) designated as such by— (I) the chair of the Committee on the Budget of the Senate for all direct spending legislation; or (II) the Senator who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation; and (B) in the House of Representatives, a bill or joint resolution, or amendment thereto or conference report thereon— (i) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (ii) designated as such by— (I) the chair of the Committee on the Budget of the House of Representatives for all direct spending legislation; or (II) the Member who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 308. Adjustments for improved control of budgetary resources (a) Adjustments of discretionary and direct spending levels In the House of Representatives, if a committee (other than the Committee on Appropriations) reports a bill or joint resolution, or an amendment thereto is offered or conference report thereon is submitted, providing for a decrease in direct spending (budget authority and outlays flowing therefrom) for any fiscal year and also provides for an authorization of appropriations for the same purpose, upon the enactment of such measure, the chair of the Committee on the Budget may decrease the allocation to the applicable authorizing committee that reports such measure and increase the allocation of discretionary spending (budget authority and outlays flowing therefrom) to the Committee on Appropriations for fiscal year 2018 by an amount equal to the new budget authority (and outlays flowing therefrom) provided for in a bill or joint resolution making appropriations for the same purpose. (b) Determinations In the House of Representatives, for purposes of enforcing this concurrent resolution, the allocations and aggregate levels of new budget authority, outlays, direct spending, revenues, deficits, and surpluses for fiscal year 2018 and the total of fiscal years 2018 through 2027 shall be determined on the basis of estimates made by the chair of the Committee on the Budget and such chair may adjust the applicable levels in this concurrent resolution. 309. Scoring rule for Energy Savings Performance Contracts (a) In general The Director of the Congressional Budget Office shall estimate provisions of any bill or joint resolution, or amendment thereto or conference report thereon, that provides the authority to enter into or modify any covered energy savings contract on a net present value basis (NPV). (b) NPV calculations The net present value of any covered energy savings contract shall be calculated as follows: (1) The discount rate shall reflect market risk. (2) The cash flows shall include, whether classified as mandatory or discretionary, payments to contractors under the terms of their contracts, payments to contractors for other services, and direct savings in energy and energy-related costs. (3) The stream of payments shall cover the period covered by the contracts but not to exceed 25 years. (c) Definition As used in this section, the term covered energy savings contract means— (1) an energy savings performance contract authorized under section 801 of the National Energy Conservation Policy Act; or (2) a utility energy service contract, as described in the Office of Management and Budget Memorandum on Federal Use of Energy Savings Performance Contracting, dated July 25, 1998 (M–98–13), and the Office of Management and Budget Memorandum on the Federal Use of Energy Saving Performance Contracts and Utility Energy Service Contracts, dated September 28, 2015 (M–12–21), or any successor to either memorandum. (d) Enforcement in the House of Representatives In the House of Representatives, if any net present value of any covered energy savings contract calculated under subsection (b) results in a net savings, then the budgetary effects of such contract shall not be counted for purposes of titles III and IV of the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. (e) Classification of spending For purposes of budget enforcement, the estimated net present value of the budget authority provided by the measure, and outlays flowing therefrom, shall be classified as direct spending. (f) Sense of the House of Representatives It is the sense of the House of Representatives that— (1) the Director of the Office of Management and Budget, in consultation with the Director of the Congressional Budget Office, should separately identify the cash flows under subsection (b)(2) and include such information in the President’s annual budget submission under section 1105(a) of title 31, United States Code; and (2) the scoring method used in this section should not be used to score any contracts other than covered energy savings contracts. 310. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund In the House of Representatives, for purposes of the Congressional Budget Act of 1974, the Balanced Budget and Emergency Deficit Control Act of 1985, and the rules or orders of the House of Representatives, a bill or joint resolution, or an amendment thereto or conference report thereon, that transfers funds from the general fund of the Treasury to the Highway Trust Fund shall be counted as new budget authority and outlays equal to the amount of the transfer in the fiscal year the transfer occurs. 311. Prohibition on use of Federal Reserve surpluses as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that transfers any portion of the net surplus of the Federal Reserve System to the general fund of the Treasury shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 312. Prohibition on use of guarantee fees as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that increases, or extends the increase of, any guarantee fees of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. B Other provisions 321. Budgetary treatment of administrative expenses (a) In general In the House of Representatives, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974, section 13301 of the Budget Enforcement Act of 1990, and section 2009a of title 39, United States Code, the report or the joint explanatory statement, as applicable, accompanying this concurrent resolution shall include in its allocation to the Committee on Appropriations under section 302(a) of the Congressional Budget Act of 1974 amounts for the discretionary administrative expenses of the Social Security Administration and the United States Postal Service. (b) Special rule In the House of Representatives, for purposes of enforcing section 302(f) of the Congressional Budget Act of 1974, estimates of the levels of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 322. Application and effect of changes in allocations and aggregates (a) Application In the House of Representatives, any adjustments of the allocations, aggregates, and other budgetary levels made pursuant to this concurrent resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 as the allocations and aggregates contained in this concurrent resolution. (c) Budget Committee determinations For purposes of this concurrent resolution, the budgetary levels for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the chair of the Committee on the Budget of the House of Representatives. (d) Aggregates, allocations and application In the House of Representatives, for purposes of this concurrent resolution and budget enforcement, the consideration of any bill or joint resolution, or amendment thereto or conference report thereon, for which the chair of the Committee on the Budget makes adjustments or revisions in the allocations, aggregates, and other budgetary levels of this concurrent resolution shall not be subject to the points of order set forth in clause 10 of rule XXI of the Rules of the House of Representatives or section 301 of this concurrent resolution. (e) Other adjustments The chair of the Committee on the Budget of the House of Representatives may adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. 323. Adjustments to reflect changes in concepts and definitions In the House of Representatives, the chair of the Committee on the Budget may adjust the appropriate aggregates, allocations, and other budgetary levels in this concurrent resolution for any change in budgetary concepts and definitions consistent with section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985. 324. Adjustment for changes in the baseline In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, reconciliation targets, and other appropriate budgetary levels in this concurrent resolution to reflect changes resulting from the Congressional Budget Office’s update to its baseline for fiscal years 2018 through 2027. 325. Application of rule regarding limits on discretionary spending Section 314(f) of the Congressional Budget Act of 1974 shall not apply in the House of Representatives to any bill, joint resolution, or amendment that provides new budget authority for a fiscal year or to any conference report on any such bill or resolution if— (1) the enactment of that bill or resolution; (2) the adoption and enactment of that amendment; or (3) the enactment of that bill or resolution in the form recommended in that conference report, would not cause the 302(a) allocation to the Committee on Appropriations for fiscal year 2018 to be exceeded. 326. Exercise of rulemaking powers The House of Representatives adopts the provisions of this title and title II— (1) as an exercise of the rulemaking power of the House of Representatives, and as such they shall be considered as part of the rules of the House of Representatives, and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the House of Representatives to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the House of Representatives. IV Reserve funds in the House of Representatives 401. Reserve fund for commercialization of air traffic control (a) In general In the House of Representatives, the chair of the Committee on the Budget may adjust, at a time the chair deems appropriate, the section 302(a) allocation to the Committee on Transportation and Infrastructure and other applicable committees of the House of Representatives, aggregates, and other appropriate levels established in this concurrent resolution for a bill or joint resolution, or amendment thereto or conference report thereon, that commercializes the operations of the air traffic control system if such measure reduces the discretionary spending limits in section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 by the amount that would otherwise be appropriated to the Federal Aviation Administration for air traffic control. Adjustments to the section 302(a) allocation to the Committee on Appropriations, consistent with the adjustments to the discretionary spending limits under such section 251(c), shall only be made upon enactment of such measure. (b) Definition For purposes of this section, a measure that commercializes the operations of the air traffic control system shall be a measure that establishes a Federally-chartered, not-for-profit corporation that— (1) is authorized to provide air traffic control services within the United States airspace; (2) sets user fees to finance its operations; (3) may borrow from private capital markets to finance improvements; (4) is governed by a board of directors composed of a CEO and directors whose fiduciary duty is to the entity; and (5) becomes the employer of those employees directly connected to providing air traffic control services and who the Secretary transfers from the Federal Government. 402. Reserve fund for investments in national infrastructure In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate levels in this concurrent resolution for any bill or joint resolution, or amendment thereto or conference report thereon, that invests in national infrastructure to the extent that such measure is deficit neutral for the total of fiscal years 2018 through 2027. 403. Reserve fund for comprehensive tax reform In the House of Representatives, if the Committee on Ways and Means reports a bill or joint resolution that provides for comprehensive tax reform, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any such bill or joint resolution, or amendment thereto or conference report thereon, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 404. Reserve fund for the State Children’s Health Insurance Program In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, budget aggregates and other appropriate levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that extends the State Children’s Health Insurance Program allotments, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 405. Reserve fund for the repeal or replacement of President Obama’s health care laws In the House of Representatives, the chair of the Committee on the Budget may revise the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that repeals or replaces any provision of the Patient Protection and Affordable Care Act or title I or subtitle B of title II of the Health Care and Education Reconciliation Act of 2010 by the amount of budget authority and outlays flowing therefrom provided by such measure for such purpose. V Policy Statements in the House of Representatives 501. Policy statement on a balanced budget amendment (a) Findings The House finds the following: (1) In fiscal year 2017, the Federal Government will collect approximately $3.3 trillion in taxes, but spend more than $4.0 trillion to maintain its operations, borrowing 15 cents of every Federal dollar spent. (2) At the end of fiscal year 2016, the national debt of the United States was more than $19.5 trillion. (3) A majority of States have petitioned the Federal Government to hold a constitutional convention to adopt a balanced budget amendment to the Constitution. (4) As of the spring of 2016, 46 States have requirements to annually balance their respective budgets. (5) Numerous balanced budget amendment proposals have been introduced on a bipartisan basis in the House. Currently in the 115th Congress, 8 joint resolutions proposing a balanced budget amendment have been introduced. (6) In the 111th Congress, the House considered H. J. Res. 2, sponsored by Representative Robert W. Goodlatte of Virginia. Although it received 262 aye votes, it did not receive the two-thirds required for passage. (7) In 1995, a balanced budget amendment to the Constitution passed the House with bipartisan support, but failed to pass by one vote in the United States Senate. (8) Five States, Georgia, Alaska, Mississippi, North Dakota, and Arizona, have agreed to the Compact for a Balanced Budget, which seeks to amend the Constitution to require a balanced budget through an Article V convention by April 12, 2021. (b) Policy on a balanced budget constitutional amendment It is the policy of this concurrent resolution that the House should propose a balanced budget constitutional amendment for ratification by the States. 502. Policy statement on budget process reform It is the policy of this concurrent resolution that the House should enact legislation that reforms the congressional budget process to— (1) reassert congressional control over the budget process by reorienting the Views and Estimates that committees submit to the Committee on the Budget, as required under 301(d) of the Congressional Budget Act of 1974, to emphasize congressional rather than executive branch priorities; (2) strengthen enforcement of budgetary rules and requirements by— (A) enabling Members of the House of Representatives to enforce budget requirements in a manner that does not jeopardize the ability of the majority to work its will on legislation; and (B) permitting members of Congress to determine whether emergency-designated appropriations are for unanticipated situations that pose a threat to life, property, or national security; (3) increase control over the costs of Federal activities by— (A) incorporating debt service costs into cost estimates prepared by the Congressional Budget Office; (B) establishing a process for setting limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; (C) transitioning to fair-value accounting; (D) budgeting for Federal insurance programs on an accrual basis; and (E) developing and implementing a regulatory budget as provided in section 503; (4) achieve greater control over mandatory spending by reforming reconciliation procedures and requirements to ensure they are transparent, objectively applied, and maximize opportunities for deficit reduction; (5) increase the efficiency of the congressional budget process by— (A) realigning the budget cycle with the calendar year and the congressional calendar; (B) simplifying the procedures by which the Committee on Appropriations adjusts its section 302(b) suballocations to ensure they are consistent with the Committee’s overall section 302(a) allocation; and (C) increasing congressional accountability for budget decisions; (6) improve the transparency of the Federal Government’s obligations by— (A) modifying the content of the budget resolution to reflect the budgetary decisions that Congress actually makes and enforces; (B) requiring the Comptroller General to periodically report to Congress on the consolidated financial report of the Federal Government; and (C) restructuring the baseline, as set forth in section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985, to treat mandatory spending and revenue on a comparable basis; and (7) achieve control over long-term budget obligations by— (A) establishing declining limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; and (B) codifying limits on the amount legislation can increase the deficit beyond the ten fiscal-year period of the concurrent resolution on the budget. 503. Policy statement on Federal regulatory budgeting and reform (a) Findings The House finds the following: (1) Federal regulations are estimated to cost $1.9 trillion per year or approximately $15,000 per household. Such costs exceed 10 percent of the Gross Domestic Product of the United States. (2) Excessive Federal regulation— (A) retards job creation, investment, wages, competition, and economic growth, slowing the Nation’s recovery from economic recession and harming American households; (B) operates as a regressive tax on poor and lower-income households; (C) displaces workers into long-term unemployment or lower-paying jobs; (D) adversely affects small businesses, the primary source of new jobs; and (E) impedes the economic growth necessary to provide sufficient funds to meet vital commitments and reduce the Federal debt. (3) Federal agencies do not systematically analyze both the costs and benefits of new regulations or identify and eliminate, minimize, or mitigate excess regulatory costs through post-implementation assessments of their regulations. (4) Agencies too often impose costly regulations without relying on sound science, through the use of agency guidance, judicial consent decrees, and settlement agreements, and through the abuse of high interim compliance costs imposed on regulated entities that bring legal challenges against newly promulgated regulations. (5) Congress lacks an effective mechanism to manage the level of new Federal regulatory costs imposed each year. Other nations, meanwhile, have successfully implemented the use of regulatory budgeting to control excess regulation and regulatory costs. (6) Significant steps have been taken already by President Trump and the 115th Congress, including the imposition of a regulatory pay-as-you-go regimen for new and revised regulations by the Trump Administration and the enactment of 14 measures under the Congressional Review Act that repealed regulations promulgated in the final 60 legislative days of the 114th Congress. (b) Policy on Federal regulatory budgeting and reform It is the policy of this concurrent resolution that the House should, in consultation with the public, consider legislation that— (1) requires the President’s budget submission to include an analysis of the costs of complying with current and proposed regulations; (2) builds the institutional capacity of the Congressional Budget Office to develop a regulatory baseline and estimate regulatory costs; (3) codifies the Trump Administration’s regulatory pay-as-you-go requirements, which require agencies to offset the costs of new or revised regulations with the repeal or modification of existing regulations; and (4) requires Federal agencies to give notice and allow for comments on proposed guidance documents. 504. Policy statement on unauthorized appropriations (a) Findings The House finds the following: (1) Article I of the Constitution vests all legislative power in Congress. (2) Central to the legislative powers of Congress is the authorization of appropriations necessary to execute the laws that establish agencies and programs and impose obligations. (3) Clause 2 of rule XXI of the Rules of the House of Representatives prohibits the consideration of appropriations measures that provide appropriations for unauthorized programs. (4) In fiscal year 2016, more than $310 billion was appropriated for unauthorized programs, spanning 256 separate laws. (5) Agencies such as the Department of State have not been authorized for 15 years. (6) The House adopted a requirement for the 115th Congress, as part of H. Res. 5, that requires each standing committee of the House to adopt an authorization and oversight plan that enumerates all unauthorized programs and agencies within its jurisdiction that received funding in the prior year, among other oversight requirements. (b) Policy on unauthorized appropriations In the House, it is the policy of this concurrent resolution that legislation should be enacted that— (1) establishes a schedule for reauthorizing all Federal programs on a staggered five-year basis together with declining spending targets for each year a program is not reauthorized according to such schedule; (2) prohibits the consideration of appropriations measures in the House that provide appropriations in excess of spending targets specified for such measures and ensures that such rule should be strictly enforced; and (3) limits funding for non-defense or non-security-related Federal programs that are not reauthorized according the schedule described in paragraph (1). 505. Policy statement on Federal accounting (a) Findings The House finds the following: (1) Current accounting methods fail to capture and present in a compelling manner the full scope of the Federal Government and its fiscal condition. (2) Most fiscal analyses produced by the Congressional Budget Office (CBO) are conducted over a 10-fiscal year period. The use of generational accounting or a longer time horizon would provide a more complete picture of the Federal Government’s fiscal condition. (3) The Federal budget currently accounts for most programs on a cash accounting basis, which records revenue and expenses when cash is actually paid or received. However, it accounts for loan and loan guarantee programs on an accrual basis, which records revenue when earned and expenses when incurred. (4) The Government Accountability Office has advised that accrual accounting may be more accurate than cash accounting in estimating the Federal Government’s liabilities for insurance and other programs. (5) Accrual accounting under the Federal Credit Reform Act of 1990 (FCRA) understates the risk and thus the true cost of some Federal programs, including loans and loan guarantees. (6) Fair-value accounting better reflects the risk associated with Federal loan and loan guarantee programs by using a market based discount rate. CBO, for example, uses fair-value accounting to measure the cost of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). (7) In comparing fair-value accounting to FCRA, CBO has concluded that adopting a fair-value approach would provide a more comprehensive way to measure the costs of Federal credit programs and would permit more level comparisons between those costs and the costs of other forms of Federal assistance . (8) The Department of the Treasury, when reporting the principal financial statements of the United States entitled Balance Sheet and Statement of Operations and Changes in Net Position , may omit some of the largest projected Federal Government expenses, including social insurance programs. The projected expenses of these programs are reported by the Department in its Statements of Social Insurance and Changes in Social Insurance Amounts . (9) This concurrent resolution directs CBO to estimate the costs of Federal credit programs on a fair-value basis to fully capture the risk associated with these programs. (b) Policy on Federal accounting methodologies It is the policy of this concurrent resolution that the House should, in consultation with CBO and other appropriate stakeholders, reform government-wide budget and accounting practices so Members and the public can better understand the fiscal condition of the United States and the best options to improve it. Such reforms may include the following: (1) Providing additional metrics to enhance analysis by considering the Nation’s fiscal condition comprehensively, over an extended time period, and how it affects Americans of various age cohorts. (2) Expanding the use of accrual accounting where appropriate. (3) Accounting for certain Federal credit programs using fair-value accounting to better capture market risk. 506. Policy statement on Commission on Budget Concepts (a) Findings The Congress finds the following: (1) In 1965, the President’s Commission on Budget Concepts made a series of recommendations that were adopted and continue to provide the foundation for the Federal budget process. (2) Over the ensuing 52 years, the Federal budget process has undergone major transformations, including the following: (A) Congress asserted its Article I power of the purse through the Congressional Budget Act of 1974 in the form of a congressional budget process predicated on the adoption of an annual budget resolution setting forth its priorities independent of the executive branch. (B) Congress and the President have periodically augmented the President’s budget submission and the budget resolution by establishing statutory budget rules and limits enforced through sequestration. (C) The share of Federal spending that is not controlled through the annual appropriations process has ballooned from 32 percent of total Federal spending in 1967 to 69 percent in 2016. (D) Activities previously considered the exclusive domain of the Federal Government have been fully commercialized, contracted out to the private sector, financed through third party arrangements, or devolved to State and local governments. (E) Key functions of the Federal Government are now funded through user fees rather than general revenue, often shielding them from congressional control and oversight. (F) The Credit Reform Act of 1990 placed Federal loans and loan guarantees on an accrual basis. (G) Increasing shares of the economy are directed towards compliance with Federal regulations, which are not subject to the limitations applicable to Federal spending. (b) Policy on Commission on Budget Concepts It is the policy of this concurrent resolution on the budget that legislation should be enacted that establishes a Commission on Budget Concepts to review and revise budget concepts and make recommendations to create a more transparent Federal budget process. 507. Policy statement on budget enforcement It is the policy of this concurrent resolution that the House should— (1) adopt an annual budget resolution before spending and tax legislation is considered in either House of Congress; (2) assess measures for timely compliance with budget rules in the House; (3) pass legislation to strengthen enforcement of the budget resolution; (4) comply with the discretionary spending limits set forth in the Balanced Budget and Emergency Deficit Control Act of 1985; (5) prevent the use of accounting gimmicks to offset higher spending; (6) modify scoring conventions to encourage the commercialization of Federal Government activities that can best be provided by the private sector; and (7) discourage the use of savings identified in the budget resolution as offsets for spending or tax legislation. 508. Policy statement on improper payments (a) Findings The House finds the following: (1) The Government Accountability Office defines improper payments as any reported payment that should not have been made or was made in an incorrect amount. (2) Improper payments totaled $1.2 trillion between fiscal years 2003 and 2016 with a reported Federal Government-wide error rate of 5.1 percent in fiscal year 2016. (3) Improper payments increased from $107 billion in 2012 to $144 billion in 2016. (4) The Earned Income Tax Credit, Medicare, and Medicaid account for 78 percent of total improper payments, with error rates of 24 percent, 11 percent, and 10.5 percent, respectively. (5) Eight agencies did not report payment estimates for 18 programs that the Comptroller General deems susceptible to significant improper payments. (b) Policy on improper payments It is the policy of this concurrent resolution that an independent commission should be established with the goal of finding tangible solutions to reduce total improper payments by 50 percent within the next 5 years. The commission should also develop a more-stringent system of agency oversight to achieve this goal. 509. Policy statement on expenditures from agency fees and spending (a) Findings The House finds the following: (1) Many Federal agencies and organizations have permanent authority to collect and spend fees and other offsetting collections. (2) The Office of Management and Budget estimates the total amount of offsetting fees and collections to be $513 billion in fiscal year 2017. (3) Agency budget justifications are, in some cases, not fully transparent about the amount of program activity funded through offsetting collections or fees. This lack of transparency prevents effective and accountable Government. (b) Policy on Expenditures from Agency Fees and Spending It is the policy of this concurrent resolution that the House should reassert its constitutional prerogative to control Federal spending and exercise rigorous oversight over Federal agencies. Congress should subject all fees paid by the public to Federal agencies to annual appropriations or authorizing legislation and a share of these proceeds should be reserved for taxpayers in the form of deficit reduction. 510. Policy statement on promoting real health care reform (a) Findings The House finds the following: (1) Patient-centered health care increases access to quality care for all Americans, regardless of age, income, or health status. (2) States are best equipped to respond to the needs of their unique communities. (3) The current legal framework encourages frivolous medical malpractice lawsuits that increase health care costs. (b) Policy on Health Care Regulation It is the policy of this concurrent resolution that— (1) the American health care system should encourage research, development, and innovation in the medical sector, rather than stymie growth through over-regulation; (2) States should determine the parameters of acceptable private insurance plans based on the needs of their populations and retain control over other health care coverage standards; (3) reforms should protect patients with pre-existing conditions, reward those who maintain continuous health coverage, and create greater parity between benefits offered through employers and those offered independently; (4) States should have greater flexibility in designing their Medicaid program and State Children’s Health Insurance Program; (5) medical malpractice reform should emphasize compliance with best practice guidelines, while continuing to protect patients’ interests; and (6) States should have the flexibility to implement medical liability policies to best suit their needs. 511. Policy statement on Medicare (a) Findings The House finds the following: (1) More than 57 million Americans depend on Medicare for their health security. (2) The Medicare Trustees Report has repeatedly recommended that Congress address Medicare’s long-term financial challenges. Each year without reform, the financial condition of Medicare becomes more precarious and the threat to those in or near retirement more pronounced. The current challenges that Congress will need to address include— (A) the Hospital Insurance Trust Fund will be exhausted in 2029 and unable to pay the scheduled benefits; (B) Medicare enrollment is expected to increase more than 50 percent in the next two decades, as 10,000 baby boomers reach retirement age each day; (C) due to extended life spans, enrollees remain in Medicare three times longer than at the outset of the program five decades ago; (D) notwithstanding the program’s trust fund arrangement, current workers’ payroll tax contributions pay for current Medicare beneficiaries instead of being set aside for their own future use; (E) the number of workers supporting each beneficiary continues to fall; in 1965, the ratio was 4.5 workers per beneficiary, and by 2030, the ratio will be only 2.4 workers per beneficiary; (F) the average Medicare beneficiary receives about three dollars in Medicare benefits for every dollar paid into the program; (G) Medicare is growing faster than the economy, with a projected growth rate of 7.2 percent per year on average through 2026, peaking in 2026 at 9.2 percent; and (H) by 2027, Medicare spending will reach more than $1.4 trillion, more than double the 2016 spending level of $692 billion. (3) Failing to address the impending insolvency of Medicare will leave millions of American seniors without adequate health security and younger generations burdened with having to pay for these unsustainable spending levels. (b) Policy on Medicare reform It is the policy of this concurrent resolution to save Medicare for those in or near retirement and to strengthen the program’s solvency for future beneficiaries. (c) Assumptions This concurrent resolution assumes transition to an improved Medicare program that ensures— (1) Medicare is preserved for current and future beneficiaries; (2) future Medicare beneficiaries may select from competing guaranteed health coverage options a plan that best suits their needs; (3) traditional fee-for-service Medicare remains a plan option; (4) Medicare provides additional assistance for lower-income beneficiaries and those with greater health risks; and (5) Medicare spending is put on a sustainable path and becomes solvent over the long term. 512. Policy statement on combating the opioid epidemic (a) Findings The House finds the following: (1) According to the Centers for Disease Control and Prevention (CDC), 91 Americans die each day from an opioid overdose. (2) Nearly half of all opioid overdose deaths involve a prescription opioid. (3) Since 1999, the number of prescription opioids sold in the U.S. has nearly quadrupled. (4) Since 1999, the number of deaths from prescription opioids has more than quadrupled. (5) The CDC asserts that improving opioid prescribing practices will reduce exposure to opioids, prevent abuse, and stop addiction. (6) The CDC has found that individuals in rural counties are almost twice as likely to overdose on prescription painkillers as those in urban areas. (7) According to the CDC, nearly 7,000 people are treated in emergency rooms every day for using opioids in a non-approved manner. (8) The 21st Century Cures Act and the Comprehensive Addiction and Recovery Act were signed into law in the 114th Congress in an overwhelming display of congressional and executive branch support in the fight against the opioid epidemic. (9) Bipartisan efforts to eliminate opioid abuse and provide relief from addiction for all Americans should continue. (b) Policy on opioid abuse It is the policy of this concurrent resolution that— (1) combating opioid abuse using available budgetary resources remains a high priority; (2) the House, in a bipartisan manner, should continue to examine the Federal response to the opioid abuse epidemic and support essential activities to reduce and prevent substance abuse; (3) the House should continue to support initiatives included in the 21st Century Cures Act and the Comprehensive Addiction and Recovery Act; (4) the House should continue its oversight efforts, particularly ongoing investigations conducted by the House Committee on Energy and Commerce, to ensure that taxpayer dollars intended to combat opioid abuse are spent appropriately and efficiently; and (5) the House should collaborate with State, local, and tribal entities to develop a comprehensive strategy for addressing the opioid addiction crisis. 513. Policy statement on the State Children’s Health Insurance Program (a) Findings The House finds the following: (1) The State Children’s Health Insurance Program (SCHIP) is a means-tested program that provides health insurance coverage to low-income children and pregnant women who do not qualify for Medicaid based on income. (2) SCHIP eligibility varies by State, as States decide the income upper limit for beneficiaries; the current upper limit varies from 175 percent of the Federal poverty level to 405 percent of the Federal poverty level. (3) SCHIP covered on average 6.3 million people monthly in fiscal year 2017. (4) The average cost of a child enrolled in SCHIP to the Federal Government was approximately $2,300 in fiscal year 2017, compared to approximately $1,910 for a child enrolled in Medicaid. (5) The Federal spending allotment for SCHIP will expire at the end of fiscal year 2017. (6) The Medicaid and CHIP Payment and Access Commission recommends an extension of Federal SCHIP funding, and warns that all States are projected to exhaust their Federal SCHIP funds during fiscal year 2018. (7) SCHIP should be preserved to assist the Nation’s vulnerable children. (b) Policy on the State Children’s Health Insurance Program It is the policy of this concurrent resolution that— (1) the House should work in a bipartisan manner to reauthorize SCHIP funding; (2) the authorizing committees should consider establishing a Federal upper limit for SCHIP eligibility, rather than providing open-ended access to the program for those at higher income levels; (3) the House should target resources designated for SCHIP toward those most in need of Federal assistance; and (4) the House should require greater reporting by States of SCHIP data in order to better structure the program to meet beneficiaries’ needs. 514. Policy statement on medical discovery, development, delivery, and innovation (a) Findings The House finds the following: (1) The Nation’s commitment to the discovery, development, and delivery of new treatments and cures has made the United States the biomedical innovation capital of the world for decades. (2) The history of scientific discovery and medical breakthroughs in the United States is extensive, including the creation of the polio vaccine, the first genetic mapping, and the invention of the implantable cardiac pacemaker. (3) Reuters ranks the United States Health and Human Services Laboratories as first in the world for innovation on its 2017 list of the Top 25 Global Innovators. (4) The United States leads the world in the production of medical devices, and the United States medical device market accounts for approximately 45 percent of the global market. (5) The United States remains a global leader in pharmaceutical research and development investment, has produced more than half of the world’s new molecules in the past decade, and represents the world’s largest pharmaceutical market, which is triple the size of the nearest rival, China. (b) Policy on Medical Innovation It is the policy of this concurrent resolution that— (1) the Federal Government should foster investment in health care innovation and maintain the Nation’s world leadership status in medical science by encouraging competition; (2) the House should continue to support the critical work of medical innovators throughout the country through continued funding for agencies, including the National Institutes of Health and the Centers for Disease Control and Prevention, to conduct life-saving research and development; and (3) the Federal Government should unleash the power of private-sector medical innovation by removing regulatory obstacles that impede the adoption of new medical technology and pharmaceuticals. 515. Policy statement on public health preparedness (a) Findings The House finds the following: (1) The Constitution requires the Federal Government to provide for the common defense. As such, the Nation must prioritize its ability to respond rapidly and effectively to a public health crisis or bioterrorism threat. (2) There is a persistent threat of bioterrorism against American lives. (3) Naturally-occurring public health threats can spread through the transmission of communicable diseases during international trade and travel. (4) As of April 3, 2016, the World Health Organization reported nearly 29,000 cases of the Ebola virus worldwide, including 4 instances in the U.S. (5) As of July 12, 2017, the Centers for Disease Control and Prevention (CDC) reports that the current Zika epidemic resulted in over 5,000 cases of the Zika virus within the United States, with nearly 37,000 more cases reported in U.S. territories. (6) Preventing the spread of disease to Americans requires halting threats before they breach the U.S. border. (7) The United States is a leader in global public health assistance and orchestrates international responses to health crises. (b) Policy on Public Health Preparedness It is the policy of this concurrent resolution that— (1) the House should continue to fund activities of the CDC, the National Institutes of Health, and the Biomedical Advanced Research and Development Authority to develop and stockpile medical countermeasures to infectious diseases and chemical, biological, radiological, and nuclear agents; (2) the House should, within available budgetary resources, provide continued support for research, prevention, and public health preparedness programs; (3) the Federal Government should encourage private-sector development of critical vaccines and other medical countermeasures to emerging public health threats; and (4) the Secretary of Health and Human Services, the Secretary of Defense, and the Secretary of State should collaborate on global health preparedness initiatives to prevent overlap and promote responsible stewardship of taxpayer resources. 516. Policy statement on Social Security (a) Findings The House finds the following: (1) More than 60 million retirees, individuals with disabilities, and survivors depend on Social Security. Since enactment, Social Security has served as a vital leg of the three-legged stool of retirement security, which includes employer provided pensions as well as personal savings. (2) Lower-income Americans rely on Social Security for a larger proportion of their retirement income. Therefore, reforms should take into consideration the need to protect lower income Americans’ retirement security. (3) The Social Security Trustees Report has repeatedly recommended that Social Security’s long-term financial challenges be addressed soon. The financial condition of Social Security and the threat to seniors and those receiving Social Security disability benefits becomes more pronounced each year without reform. For example— (A) in 2028, the Disability Insurance Trust Fund will be exhausted and program revenues will be unable to pay scheduled benefits; and (B) with the exhaustion of both the Disability Insurance Trust Fund and the Old-Age and Survivors and Disability Trust Fund in 2035, benefits will be cut by as much as 25 percent across the board, devastating those currently in or near retirement and those who rely on Social Security the most. (4) The recession and continued low economic growth have exacerbated the looming fiscal crisis facing Social Security. The most recent Congressional Budget Office (CBO) projections find that Social Security will run cash deficits of more than $1.3 trillion over the next 10 years. (5) The Disability Insurance program provides an essential income safety net for those with disabilities and their families. According to CBO, between 1970 and 2015 the number of disabled workers and their dependent family members receiving disability benefits has increased by more than 300 percent from 2.7 million to over 10.9 million. This increase is not due strictly to population growth or decreases in health. CBO also attributes program growth to changes in demographics and the composition of the labor force as well as Federal policies. (6) In the past, Social Security has been reformed on a bipartisan basis, most notably by the Greenspan Commission , which helped address Social Security shortfalls for more than a generation. (7) Americans deserve action by the President and Congress to preserve and strengthen Social Security to ensure that Social Security remains a critical part of the safety net. (b) Policy on Social Security It is the policy of this concurrent resolution that the House should work in a bipartisan manner to make Social Security solvent on a sustainable basis. This concurrent resolution assumes, under a reform trigger, that— (1) if in any year the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund annual Trustees Report determines that the 75-year actuarial balance of the Social Security Trust Funds is in deficit, and the annual balance of the Social Security Trust Funds in the 75th year is in deficit, the Board of Trustees should, no later than September 30 of the same calendar year, submit to the President recommendations for statutory reforms necessary to achieve a positive 75-year actuarial balance and a positive annual balance in the 75th year, and any recommendations provided to the President must be agreed upon by both Public Trustees of the Board of Trustees; (2) not later than December 1 of the same calendar year in which the Board of Trustees submit its recommendations, the President should promptly submit implementing legislation to both Houses of Congress including recommendations necessary to achieve a positive 75-year actuarial balance and a positive annual balance in the 75th year, and the majority leader of the Senate and the majority leader of the House should introduce the President’s legislation upon receipt; (3) within 60 days of the President submitting legislation, the committees of jurisdiction should report a bill, which the House or Senate should consider under expedited procedures; and (4) legislation submitted by the President should— (A) protect those in or near retirement; (B) preserve the safety net for those who count on Social Security the most, including those with disabilities and survivors; (C) improve fairness for participants; (D) reduce the burden on and provide certainty for future generations; and (E) secure the future of the Disability Insurance program while addressing the needs of those with disabilities today and improving the determination process. (c) Policy on Disability Insurance It is the policy of this concurrent resolution that the House should consider legislation on a bipartisan basis to reform the Disability Insurance program prior to its insolvency in 2028 and should not raid the Social Security retirement system without reforms to the Disability Insurance system. This concurrent resolution assumes reform that— (1) promotes opportunity for those trying to return to work; (2) ensures benefits continue to be paid to individuals with disabilities and their family members who rely on them; (3) prevents a 7 percent across-the-board benefit cut; and (4) improves the Disability Insurance program. (d) Policy on Social Security solvency It is the policy of this concurrent resolution that any legislation the House considers to improve the solvency of the Disability Insurance Trust Fund must also improve the long-term solvency of the combined Old Age and Survivors Disability Insurance Trust Fund. 517. Policy statement on Medicaid work requirements (a) Findings The House finds the following: (1) Medicaid is a Federal-State program that provides health care coverage for impoverished Americans. (2) Medicaid serves four major population categories: the elderly, the blind and disabled, children, and adults. (3) The Congressional Budget Office projects the average monthly enrollment in Medicaid for fiscal year 2018 to be 78 million people. (4) Of this 78 million people, 27 million – more than one third of the enrollees – are non-elderly, non-disabled adults. (5) Medicaid continues to grow at an unsustainable rate, and will cost approximately one trillion dollars per year within the decade, between Federal and State spending. (6) Congress has a responsibility to preserve limited Medicaid resources for America’s most vulnerable – those who cannot provide for themselves. (7) Forbes reported last year on a first-of-its-kind study conducted by the Foundation for Government Accountability. It analyzed data from the State of Kansas, which demonstrates that work requirements have led to greater employment, higher incomes, and less poverty. (8) The State of Maine implemented work requirements in 2014, and saw incomes rise for able-bodied welfare recipients by an average of 114 percent within a year. (9) Work is a valuable source of human dignity, and work requirements help lift Americans out of poverty by incentivizing self-reliance. (b) Policy on Medicaid Work Requirements It is the policy of this concurrent resolution that— (1) Congress should enact legislation that encourages able-bodied, non-elderly, non-pregnant adults without dependents to work, actively seek work, participate in a job-training program, or do community service, in order to receive Medicaid; (2) Medicaid work requirements legislation could include 30 hours per week of work, of which 20 of those hours should be spent in the core activities of: public or private sector employment, work experience, on-the-job training, job-search or job-readiness assistance program participation, community service, or vocational training and education; (3) States should be given flexibility to determine the parameters of qualifying program participation and work-equivalent experience; (4) States should perform regular case checks to ensure taxpayer dollars are appropriately spent; and (5) the Government Accountability Office or the Department of Health and Human Services Inspector General should conduct annual audits of State Medicaid programs to ensure proper reporting and prevent waste, fraud, and abuse. 518. Policy statement on welfare reform and Supplemental Nutrition Assistance Program work requirements (a) Findings The House finds the following: (1) Participation in the Supplemental Nutrition Assistance Program (SNAP) has grown from 17 million Americans in 2001 to 44 million in 2016. (2) The work support role of SNAP has declined, and the program increasingly serves as a replacement to work. (3) Work requirements were key to the success of the Personal Responsibility and Work Opportunity Act ( Public Law 104–193 ), which led to a two-thirds reduction in welfare caseloads, a reduction in child poverty, and an increase in work participation. The successful 1996 welfare reform law provides a model for improving work requirements in other anti-poverty programs. (b) Policy on Welfare reform and SNAP Work Requirements It is the policy of this concurrent resolution that— (1) the welfare system should reward work, provide tools to escape poverty, and expect work-capable adults to work or prepare for work in exchange for welfare benefits; and (2) SNAP should be reformed to improve work requirements to help more people escape poverty and move up the economic ladder. 519. Policy Statement on State flexibility in Supplemental Nutrition Assistance Program (a) Findings The House finds the following: (1) Spending on Supplemental Nutrition Assistance Program (SNAP) has almost quadrupled since 2001. (2) Various factors are driving this growth, but one major reason is that while States have the responsibility of administering the program, they have little incentive to ensure it is well run. (3) In 1996, a Republican Congress and a Democratic President reformed welfare by limiting the duration of benefits, giving States more control over the program, and helping recipients find work. In the 5 years following passage, child-poverty rates fell, welfare caseloads fell, and workers’ wages increased. This bipartisan success offers a model for improving other anti-poverty programs. (b) Policy on State Flexibility in SNAP It is the policy of this concurrent resolution that SNAP should be reformed to reduce poverty and increase opportunity and upward mobility for struggling Americans on the road to personal and financial independence. Based on the successful welfare reforms of the 1990s, these proposals would improve work requirements and provide flexible funding for States to help those most in need find gainful employment, escape poverty, and move up the economic ladder. 520. Policy statement on higher education and workforce development opportunity (a) Findings on higher education The House finds the following: (1) A well-educated, high-skilled workforce is critical to economic, job, and wage growth. (2) Average published tuition and fees have increased consistently above the rate of inflation across all types of colleges and universities. (3) With an outstanding student loan portfolio of $1.3 trillion, the Federal Government is the largest education lender to undergraduate and graduate students, parents, and other guarantors. (4) Students who do not complete their college degree are at a greater risk of defaulting on their loans than those who complete their degree. (5) Participation in Federal income-driven repayment plans is rising, in terms of the percent of both borrowers and loan dollars, according to the Government Accountability Office. Because these plans offer loan balance forgiveness after a repayment period, this increased use portends higher projected costs to taxpayers. (b) Policy on higher education It is the policy of this concurrent resolution to promote college affordability, access, and success by— (1) reserving Federal financial aid for those most in need and streamlining grant and loan aid programs to help students and families more easily assess their options for financing postsecondary education; and (2) removing regulatory barriers to reduce costs, increase access, and allow for innovative teaching models. (c) Findings on workforce development The House finds the following: (1) 7.5 million Americans are currently unemployed. (2) Despite billions of dollars in spending, those looking for work are stymied by a broken workforce development system that fails to connect workers with assistance and employers with skilled personnel. (3) The House Committee on Education and the Workforce successfully consolidated 15 workforce development programs when Congress enacted the Workforce Innovation and Opportunity Act in 2014. (d) Policy on workforce development It is the policy of this concurrent resolution to build on the success of the Workforce Innovation and Opportunity Act by— (1) further streamlining and consolidating Federal workforce development programs; and (2) empowering States with the flexibility to tailor funding and programs to the specific needs of their workforce. 521. Policy statement on supplemental wildfire suppression funding (a) Findings The House finds the following: (1) In 1995, fire activities made up 16 percent of the United States Forest Service’s (USFS) annual appropriated budget. Since 2015, more than 50 percent has now been dedicated to wildfire. (2) Wildland fire suppression activities are currently funded entirely within the USFS budget, based on a 10-year rolling average. Using this model, the agency must average firefighting costs from the past 10 years to predict and request costs for the next year. When the average was stable, the agency was able to use this model to budget consistently for the annual costs associated with wildland fire suppression. (3) Over the last few decades, wildland fire suppression costs have increased as fire seasons have grown longer and the frequency, size, and severity of wildland fires has increased. (4) The six worst fire seasons since 1960 have all occurred since 2000. Since 2000, many western states have experienced the largest wildfires in their State’s history. In 2016 alone, there were a recorded 67,595 fires and a total of over 5.5 million acres burned. The suppression costs to USFS and other Federal agencies for 2016 totaled over $1.9 billion dollars. (5) As wildfire costs continue to increase, funding levels for USFS wildfire suppression activities will also continue to constrict funding levels for other necessary USFS forest management activities focused on land management and wildfire prevention. (b) Policy on supplemental wildfire suppression funding It is the policy of this concurrent resolution that Congress, in coordination with the Administration, should develop both a long-term funding mechanism that would allow supplemental wildfire suppression funding and reforms on reducing hazardous fuel loads on Federal forests and lands that could decrease wildfires. 522. Policy statement on the Department of Veterans Affairs (a) Findings The House finds the following: (1) For years there have been serious concerns regarding the Department of Veterans Affairs’ (VA) bureaucratic mismanagement and continuous failure to provide veterans timely access to health care. (2) Since 2003, VA disability compensation and health care have been added to the Government Accountability Office’s (GAO) high-risk list, due to mismanagement and oversight failures, lack of a unified vision, strategy, or set of goals to guide their outcomes, and the inability to ensure allocated resources are used in a cost-effective and efficient way to improve veterans’ health care access. (3) The VA’s failure to provide timely and accessible health care to America’s veterans is unacceptable. While Congress has done its part for more than a decade by providing sufficient funding for the VA, the agency has mismanaged these resources, resulting in proven adverse effects on veterans and their families. (b) Policy on the Department of Veterans Affairs It is the policy of this concurrent resolution that the House should require the VA to conduct an audit of its programs named on GAO’s high-risk list and report its findings to the Committee on Appropriations, the Committee on the Budget, and the Committee on Veterans Affairs of the House of Representatives. 523. Policy statement on moving the United States Postal Service on budget (a) Findings The House finds the following: (1) The President’s Commission on Budget Concepts recommends that the budget should, as a general rule, be comprehensive of the full range of Federal activity. (2) The Omnibus Reconciliation Act of 1989 ( Public Law 101–239 ) moved the United States Postal Service (USPS) off budget and exempted it from sequestration. (3) The USPS has a direct effect on the fiscal posture of the Federal Government, through— (A) the receipt of direct appropriations of $35 million in fiscal year 2017; (B) congressional mandates such as requirements for mail delivery service schedules; (C) incurring $15 billion in debt from the Treasury, the maximum permitted by law; (D) continued operating deficits since 2007; (E) defaulting on its statutory obligation to prefund health care benefits for future retirees; and (F) carrying $119 billion in total unfunded liabilities with no foreseeable pathway of funding these liabilities under current law. (b) Policy on moving the USPS on budget It is the policy of this concurrent resolution that all receipts and disbursements of the USPS should be included in the congressional budget and the budget of the Federal Government. 524. Policy statement on the Judgment Fund (a) Findings The House finds the following: (1) The Judgment Fund (Fund), established in 1956, was created to pay judgments and settlements of lawsuits against the Federal Government. (2) As a result of the Fund’s design, it is ripe for executive branch exploitation. The Obama Administration used the Fund to make billions of dollars in payments to Federal agencies and foreign entities. For example— (A) on January 17, 2016, the State Department announced the Federal Government agreed to pay the Iranian government $1.7 billion to settle a case related to the sale of military equipment prior to the Iranian revolution, of which $1.3 billion was sourced through the Fund, without prior congressional notification; the Obama Administration’s use of the Fund to make this and other payments raises serious concerns by sidestepping Congress; and (B) in 2016, the Department of Health and Human Services announced its intentions to use the Fund for settlements with health insurers who sued the Federal Government over the loss of funds for risk corridors under the Patient Protection and Affordable Care Act. (3) Failing to address the lack of oversight over the Fund annually costs taxpayers billions of dollars, as payments exceeded $4.6 billion in 2016 and more than $26 billion in the preceding 10 year period. (b) Policy on Judgment Fund It is the policy of this concurrent resolution that the House should consider legislation that reclaims Congress’s power of the purse over the Fund. Such legislation should— (1) prohibit interest payments paid from the Fund for accounts or assets frozen by the Federal Government and listed on— (A) the Sanctions Programs list of the Office of Foreign Asset Control of the Department of Treasury; or (B) Sponsors of Terrorism list of the Department of State; (2) amend sections 2414 and 1304 of titles 28 and 31, United States Code, respectively, to— (A) provide a clear definition and explanation of a foreign court or tribunal ; and (B) require congressional notification whenever the Fund makes a settlement or court ordered lump sum or aggregated payment exceeding $500 million; and (3) require legislative action to approve payments from the Fund in excess of a specified threshold, increase transparency, and require Federal agencies to reimburse the Fund over a fixed time period. 525. Policy statement on responsible stewardship of taxpayer dollars (a) Findings The House finds that significant savings were achieved by the House by consolidating operations and renegotiating contracts. (b) Policy on responsible stewardship of taxpayer dollars It is the policy of this concurrent resolution that— (1) the House should be a model for the responsible stewardship of taxpayer resources, and identify any savings that can be achieved through greater productivity and efficiency gains in the operation and maintenance of House services and resources, including printing, conferences, utilities, telecommunications, furniture, grounds maintenance, postage, and rent; (2) the House should review policies and procedures for the acquisition of goods and services to eliminate unnecessary spending; (3) the Committee on House Administration should review the policies pertaining to services provided to Members and committees of the House, and identify ways to reduce any subsidies paid for the operation of the House gym, barber shop, salon, and the House dining room; (4) no taxpayer funds should be used to purchase first class airfare or to lease corporate jets for Members of Congress; and (5) retirement benefits for Members of Congress should not include free, taxpayer-funded health care for life. 526. Policy statement on tax reform (a) Findings The House finds the following: (1) A world-class tax system should be simple, fair, and promote (rather than impede) economic growth. The United States tax code fails on all 3 counts: it is complex, unfair, and inefficient. The tax code’s complexity distorts decisions to work, save, and invest, which leads to slower economic growth, lower wages, and less job creation. (2) Standard economic theory holds that high marginal tax rates lessen the incentives to work, save, and invest, which reduces economic output and job creation. Lower economic output, in turn, mutes the intended revenue gain from higher marginal tax rates. (3) Roughly half of United States active business income and half of private sector employment are derived from business entities (such as partnerships, S corporations, and sole proprietorships) that are taxed on a pass-through basis, meaning the income is taxed at individual rates rather than corporate rates. Small businesses, in particular, tend to choose this form for Federal tax purposes, and the highest Federal rate on such small business income can reach nearly 45 percent. For these reasons, sound economic policy requires lowering marginal rates on these pass-through entities. (4) The top United States corporate income tax rate (including Federal, State, and local taxes) is slightly more than 39 percent, the highest rate in the industrialized world. Tax rates this high suppress wages, discourage investment and job creation, distort business activity, and put American businesses at a competitive disadvantage with foreign competitors. (5) By deterring potential investment, the United States corporate tax restrains economic growth and job creation. The United States tax rate differential fosters a variety of complicated multinational corporate practices intended to avoid the tax, which have the effect of moving the tax base offshore, destroying American jobs, and decreasing corporate revenue. (6) The world-wide structure of United States international taxation essentially taxes earnings of United States firms twice, putting them at a significant competitive disadvantage with competitors that have more competitive international tax systems. (7) Reforming the tax code would boost the competitiveness of United States companies operating abroad and significantly reduce tax avoidance. (8) The tax code imposes costs on American workers through lower wages, consumers in higher prices, and investors in diminished returns. (9) Increasing taxes to raise revenue and meet out-of-control spending would sink the economy and Americans’ ability to save for their children’s education and retirement. (10) Closing special preference carve outs in our tax code to finance higher spending does not constitute fundamental tax reform. (11) Tax reform should curb or eliminate tax breaks and use those savings to lower tax rates across the board, not to fund more wasteful Federal Government spending. Washington has a spending problem, not a revenue problem. (12) Many economists believe that fundamental tax reform, including a broader tax base and lower tax rates, would lead to greater labor supply and increased investment, which would have a positive impact on total national output. (b) Policy on tax reform It is the policy of this concurrent resolution that the House should consider comprehensive tax reform legislation that promotes economic growth, creates American jobs, increases wages, and benefits American consumers, investors, and workers by— (1) simplifying the tax code to make it fairer to American families and businesses and reducing the amount of time and resources necessary to comply with tax laws; (2) substantially lowering tax rates for individuals and consolidating the current seven individual income tax brackets into fewer brackets; (3) repealing the Alternative Minimum Tax; (4) reducing the corporate tax rate; and (5) transitioning the tax code to a more competitive system of international taxation.

Passed the House of Representatives October 5, 2017. Karen L. Haas, Clerk.

tv_txt: IV One Hundred Fifteenth Congress of the United States of America At the First Session Begun and held at the City of Washington on Tuesday, the third day of January, two thousand and seventeen H. CON. RES. 71 October 26, 2017 Agreed to CONCURRENT RESOLUTION Establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.

1. Concurrent resolution on the budget for fiscal year 2018 (a) Declaration Congress declares that this resolution is the concurrent resolution on the budget for fiscal year 2018 and that this resolution sets forth the appropriate budgetary levels for fiscal years 2019 through 2027. (b) Table of contents The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2018. TITLE I—Recommended levels and amounts Subtitle A—Budgetary levels in both Houses Sec. 1101. Recommended levels and amounts. Sec. 1102. Major functional categories. Subtitle B—Levels and amounts in the Senate Sec. 1201. Social Security in the Senate. Sec. 1202. Postal Service discretionary administrative expenses in the Senate. TITLE II—Reconciliation Sec. 2001. Reconciliation in the Senate. Sec. 2002. Reconciliation in the House of Representatives. TITLE III—Reserve funds Sec. 3001. Deficit-neutral reserve fund to protect flexible and affordable health care for all. Sec. 3002. Revenue-neutral reserve fund to reform the American tax system. Sec. 3003. Reserve fund for reconciliation legislation. Sec. 3004. Deficit-neutral reserve fund for extending the State Children’s Health Insurance Program. Sec. 3005. Deficit-neutral reserve fund to strengthen American families. Sec. 3006. Deficit-neutral reserve fund to promote innovative educational and nutritional models and systems for American students. Sec. 3007. Deficit-neutral reserve fund to improve the American banking system. Sec. 3008. Deficit-neutral reserve fund to promote American agriculture, energy, transportation, and infrastructure improvements. Sec. 3009. Deficit-neutral reserve fund to restore American military power. Sec. 3010. Deficit-neutral reserve fund for veterans and service members. Sec. 3011. Deficit-neutral reserve fund for public lands and the environment. Sec. 3012. Deficit-neutral reserve fund to secure the American border. Sec. 3013. Deficit-neutral reserve fund to promote economic growth, the private sector, and to enhance job creation. Sec. 3014. Deficit-neutral reserve fund for legislation modifying statutory budgetary controls. Sec. 3015. Deficit-neutral reserve fund to prevent the taxpayer bailout of pension plans. Sec. 3016. Deficit-neutral reserve fund relating to implementing work requirements in all means-tested Federal welfare programs. Sec. 3017. Deficit-neutral reserve fund to protect Medicare and repeal the Independent Payment Advisory Board. Sec. 3018. Deficit-neutral reserve fund relating to affordable child and dependent care. Sec. 3019. Deficit-neutral reserve fund relating to worker training programs. Sec. 3020. Reserve fund for legislation to provide disaster funds for relief and recovery efforts to areas devastated by hurricanes and flooding in 2017. Sec. 3021. Deficit-neutral reserve fund relating to protecting Medicare and Medicaid. Sec. 3022. Deficit-neutral reserve fund relating to the provision of tax relief for families with children. Sec. 3023. Deficit-neutral reserve fund relating to the provision of tax relief for small businesses. Sec. 3024. Deficit-neutral reserve fund relating to tax relief for hard-working middle-class Americans. Sec. 3025. Deficit-neutral reserve fund relating to making the American tax system simpler and fairer for all Americans. Sec. 3026. Deficit-neutral reserve fund relating to tax cuts for working American families. Sec. 3027. Deficit-neutral reserve fund relating to the provision of incentives for businesses to invest in America and create jobs in America. Sec. 3028. Deficit-neutral reserve fund relating to eliminating tax breaks for companies that ship jobs to foreign countries. Sec. 3029. Deficit-neutral reserve fund relating to providing full, permanent, and mandatory funding for the payment in lieu of taxes program. Sec. 3030. Deficit-neutral reserve fund relating to tax reform which maintains the progressivity of the tax system. Sec. 3031. Deficit-neutral reserve fund relating to significantly improving the budget process. TITLE IV—Budget process Subtitle A—Budget enforcement Sec. 4101. Point of order against advance appropriations in the Senate. Sec. 4102. Point of order against certain changes in mandatory programs. Sec. 4103. Point of order against provisions that constitute changes in mandatory programs affecting the Crime Victims Fund. Sec. 4104. Point of order against designation of funds for overseas contingency operations. Sec. 4105. Point of order against reconciliation amendments with unknown budgetary effects. Sec. 4106. Pay-As-You-Go point of order in the Senate. Sec. 4107. Honest accounting: cost estimates for major legislation to incorporate macroeconomic effects. Sec. 4108. Adjustment authority for amendments to statutory caps. Sec. 4109. Adjustment for wildfire suppression funding in the Senate. Sec. 4110. Adjustment for improved oversight of spending. Sec. 4111. Repeal of certain limitations. Sec. 4112. Emergency legislation. Sec. 4113. Enforcement filing in the Senate. Subtitle B—Other provisions Sec. 4201. Oversight of Government performance. Sec. 4202. Budgetary treatment of certain discretionary administrative expenses. Sec. 4203. Application and effect of changes in allocations and aggregates. Sec. 4204. Adjustments to reflect changes in concepts and definitions. Sec. 4205. Adjustments to reflect legislation not included in the baseline. Sec. 4206. Exercise of rulemaking powers. TITLE V—Budget process in the House of Representatives Subtitle A—Budget enforcement Sec. 5101. Point of order against increasing long-term direct spending. Sec. 5102. Allocation for Overseas Contingency Operations/Global War on Terrorism. Sec. 5103. Limitation on changes in certain mandatory programs. Sec. 5104. Limitation on advance appropriations. Sec. 5105. Estimates of debt service costs. Sec. 5106. Fair-value credit estimates. Sec. 5107. Estimates of macroeconomic effects of major legislation. Sec. 5108. Adjustments for improved control of budgetary resources. Sec. 5109. Scoring rule for Energy Savings Performance Contracts. Sec. 5110. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund. Sec. 5111. Prohibition on use of Federal Reserve surpluses as an offset. Sec. 5112. Prohibition on use of guarantee fees as an offset. Sec. 5113. Modification of reconciliation in the House of Representatives. Subtitle B—Other provisions Sec. 5201. Budgetary treatment of administrative expenses. Sec. 5202. Application and effect of changes in allocations and aggregates. Sec. 5203. Adjustments to reflect changes in concepts and definitions. Sec. 5204. Adjustment for changes in the baseline. Sec. 5205. Application of rule regarding limits on discretionary spending. Sec. 5206. Enforcement filing in the House. Sec. 5207. Exercise of rulemaking powers. Subtitle C—Adjustment authority Sec. 5301. Adjustment authority for amendments to statutory caps. Subtitle D—Reserve funds Sec. 5401. Reserve fund for investments in national infrastructure. Sec. 5402. Reserve fund for comprehensive tax reform. Sec. 5403. Reserve fund for the State Children’s Health Insurance Program. Sec. 5404. Reserve fund for the repeal or replacement of President Obama’s health care laws. I Recommended levels and amounts A Budgetary levels in both Houses 1101. Recommended levels and amounts The following budgetary levels are appropriate for each of fiscal years 2018 through 2027: (1) Federal revenues For purposes of the enforcement of this resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2018: $2,490,936,000,000. Fiscal year 2019: $2,613,683,000,000. Fiscal year 2020: $2,755,381,000,000. Fiscal year 2021: $2,883,381,000,000. Fiscal year 2022: $3,015,847,000,000. Fiscal year 2023: $3,162,063,000,000. Fiscal year 2024: $3,306,948,000,000. Fiscal year 2025: $3,463,269,000,000. Fiscal year 2026: $3,654,829,000,000. Fiscal year 2027: $3,825,184,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2018: −$167,200,000,000. Fiscal year 2019: −$169,500,000,000. Fiscal year 2020: −$166,000,000,000. Fiscal year 2021: −$165,200,000,000. Fiscal year 2022: −$166,400,000,000. Fiscal year 2023: −$167,700,000,000. Fiscal year 2024: −$169,800,000,000. Fiscal year 2025: −$172,200,000,000. Fiscal year 2026: −$146,400,000,000. Fiscal year 2027: −$145,000,000,000. (2) New budget authority For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,136,721,000,000. Fiscal year 2019: $3,220,542,000,000. Fiscal year 2020: $3,319,687,000,000. Fiscal year 2021: $3,344,861,000,000. Fiscal year 2022: $3,501,231,000,000. Fiscal year 2023: $3,563,762,000,000. Fiscal year 2024: $3,607,752,000,000. Fiscal year 2025: $3,753,919,000,000. Fiscal year 2026: $3,851,463,000,000. Fiscal year 2027: $3,942,710,000,000. (3) Budget outlays For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,131,688,000,000. Fiscal year 2019: $3,233,119,000,000. Fiscal year 2020: $3,310,579,000,000. Fiscal year 2021: $3,370,283,000,000. Fiscal year 2022: $3,486,230,000,000. Fiscal year 2023: $3,532,290,000,000. Fiscal year 2024: $3,561,834,000,000. Fiscal year 2025: $3,710,120,000,000. Fiscal year 2026: $3,810,435,000,000. Fiscal year 2027: $3,903,041,000,000. (4) Deficits For purposes of the enforcement of this resolution, the amounts of the deficits are as follows: Fiscal year 2018: $640,752,000,000. Fiscal year 2019: $619,436,000,000. Fiscal year 2020: $555,198,000,000. Fiscal year 2021: $486,902,000,000. Fiscal year 2022: $470,383,000,000. Fiscal year 2023: $370,227,000,000. Fiscal year 2024: $254,886,000,000. Fiscal year 2025: $246,851,000,000. Fiscal year 2026: $155,606,000,000. Fiscal year 2027: $77,857,000,000. (5) Public debt Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(a)(5) ), the appropriate levels of the public debt are as follows: Fiscal year 2018: $21,278,691,000,000. Fiscal year 2019: $22,063,363,000,000. Fiscal year 2020: $22,760,763,000,000. Fiscal year 2021: $23,396,024,000,000. Fiscal year 2022: $23,992,408,000,000. Fiscal year 2023: $24,508,029,000,000. Fiscal year 2024: $24,953,195,000,000. Fiscal year 2025: $25,375,994,000,000. Fiscal year 2026: $25,777,513,000,000. Fiscal year 2027: $25,999,469,000,000. (6) Debt held by the public The appropriate levels of debt held by the public are as follows: Fiscal year 2018: $15,595,294,000,000. Fiscal year 2019: $16,281,015,000,000. Fiscal year 2020: $16,933,381,000,000. Fiscal year 2021: $17,553,196,000,000. Fiscal year 2022: $18,188,386,000,000. Fiscal year 2023: $18,765,097,000,000. Fiscal year 2024: $19,269,019,000,000. Fiscal year 2025: $19,809,369,000,000. Fiscal year 2026: $20,307,841,000,000. Fiscal year 2027: $20,780,452,000,000. 1102. Major functional categories Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2018 through 2027 for each major functional category are: (1) National Defense (050): Fiscal year 2018: (A) New budget authority, $557,253,000,000. (B) Outlays, $569,287,000,000. Fiscal year 2019: (A) New budget authority, $570,316,000,000. (B) Outlays, $568,721,000,000. Fiscal year 2020: (A) New budget authority, $584,504,000,000. (B) Outlays, $574,347,000,000. Fiscal year 2021: (A) New budget authority, $598,730,000,000. (B) Outlays, $584,706,000,000. Fiscal year 2022: (A) New budget authority, $613,707,000,000. (B) Outlays, $601,894,000,000. Fiscal year 2023: (A) New budget authority, $629,014,000,000. (B) Outlays, $611,538,000,000. Fiscal year 2024: (A) New budget authority, $644,732,000,000. (B) Outlays, $621,649,000,000. Fiscal year 2025: (A) New budget authority, $660,854,000,000. (B) Outlays, $641,891,000,000. Fiscal year 2026: (A) New budget authority, $678,183,000,000. (B) Outlays, $658,658,000,000. Fiscal year 2027: (A) New budget authority, $695,076,000,000. (B) Outlays, $675,108,000,000. (2) International Affairs (150): Fiscal year 2018: (A) New budget authority, $45,157,000,000. (B) Outlays, $44,985,000,000. Fiscal year 2019: (A) New budget authority, $43,978,000,000. (B) Outlays, $43,114,000,000. Fiscal year 2020: (A) New budget authority, $44,042,000,000. (B) Outlays, $42,992,000,000. Fiscal year 2021: (A) New budget authority, $44,060,000,000. (B) Outlays, $42,702,000,000. Fiscal year 2022: (A) New budget authority, $43,161,000,000. (B) Outlays, $42,743,000,000. Fiscal year 2023: (A) New budget authority, $44,183,000,000. (B) Outlays, $43,045,000,000. Fiscal year 2024: (A) New budget authority, $45,222,000,000. (B) Outlays, $43,511,000,000. Fiscal year 2025: (A) New budget authority, $46,283,000,000. (B) Outlays, $44,062,000,000. Fiscal year 2026: (A) New budget authority, $47,394,000,000. (B) Outlays, $44,844,000,000. Fiscal year 2027: (A) New budget authority, $48,467,000,000. (B) Outlays, $45,676,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2018: (A) New budget authority, $32,565,000,000. (B) Outlays, $31,909,000,000. Fiscal year 2019: (A) New budget authority, $33,238,000,000. (B) Outlays, $32,561,000,000. Fiscal year 2020: (A) New budget authority, $33,908,000,000. (B) Outlays, $33,191,000,000. Fiscal year 2021: (A) New budget authority, $34,637,000,000. (B) Outlays, $33,864,000,000. Fiscal year 2022: (A) New budget authority, $35,401,000,000. (B) Outlays, $34,666,000,000. Fiscal year 2023: (A) New budget authority, $36,165,000,000. (B) Outlays, $35,427,000,000. Fiscal year 2024: (A) New budget authority, $36,940,000,000. (B) Outlays, $36,167,000,000. Fiscal year 2025: (A) New budget authority, $37,775,000,000. (B) Outlays, $36,956,000,000. Fiscal year 2026: (A) New budget authority, $38,617,000,000. (B) Outlays, $37,773,000,000. Fiscal year 2027: (A) New budget authority, $39,464,000,000. (B) Outlays, $38,597,000,000. (4) Energy (270): Fiscal year 2018: (A) New budget authority, −$762,000,000. (B) Outlays, $2,686,000,000. Fiscal year 2019: (A) New budget authority, $4,392,000,000. (B) Outlays, $2,869,000,000. Fiscal year 2020: (A) New budget authority, $4,737,000,000. (B) Outlays, $3,529,000,000. Fiscal year 2021: (A) New budget authority, $4,615,000,000. (B) Outlays, $3,558,000,000. Fiscal year 2022: (A) New budget authority, $3,363,000,000. (B) Outlays, $2,268,000,000. Fiscal year 2023: (A) New budget authority, $3,069,000,000. (B) Outlays, $1,994,000,000. Fiscal year 2024: (A) New budget authority, $3,090,000,000. (B) Outlays, $2,085,000,000. Fiscal year 2025: (A) New budget authority, $3,106,000,000. (B) Outlays, $2,168,000,000. Fiscal year 2026: (A) New budget authority, $3,153,000,000. (B) Outlays, $2,264,000,000. Fiscal year 2027: (A) New budget authority, $3,238,000,000. (B) Outlays, $2,442,000,000. (5) Natural Resources and Environment (300): Fiscal year 2018: (A) New budget authority, $40,489,000,000. (B) Outlays, $40,597,000,000. Fiscal year 2019: (A) New budget authority, $42,110,000,000. (B) Outlays, $42,293,000,000. Fiscal year 2020: (A) New budget authority, $43,533,000,000. (B) Outlays, $43,420,000,000. Fiscal year 2021: (A) New budget authority, $43,091,000,000. (B) Outlays, $42,742,000,000. Fiscal year 2022: (A) New budget authority, $45,022,000,000. (B) Outlays, $44,194,000,000. Fiscal year 2023: (A) New budget authority, $45,716,000,000. (B) Outlays, $44,767,000,000. Fiscal year 2024: (A) New budget authority, $46,080,000,000. (B) Outlays, $45,125,000,000. Fiscal year 2025: (A) New budget authority, $47,575,000,000. (B) Outlays, $46,581,000,000. Fiscal year 2026: (A) New budget authority, $48,511,000,000. (B) Outlays, $47,501,000,000. Fiscal year 2027: (A) New budget authority, $49,280,000,000. (B) Outlays, $48,326,000,000. (6) Agriculture (350): Fiscal year 2018: (A) New budget authority, $22,063,000,000. (B) Outlays, $21,979,000,000. Fiscal year 2019: (A) New budget authority, $21,564,000,000. (B) Outlays, $19,898,000,000. Fiscal year 2020: (A) New budget authority, $20,372,000,000. (B) Outlays, $18,450,000,000. Fiscal year 2021: (A) New budget authority, $19,284,000,000. (B) Outlays, $18,540,000,000. Fiscal year 2022: (A) New budget authority, $18,743,000,000. (B) Outlays, $18,135,000,000. Fiscal year 2023: (A) New budget authority, $18,894,000,000. (B) Outlays, $18,354,000,000. Fiscal year 2024: (A) New budget authority, $19,311,000,000. (B) Outlays, $18,638,000,000. Fiscal year 2025: (A) New budget authority, $19,881,000,000. (B) Outlays, $19,112,000,000. Fiscal year 2026: (A) New budget authority, $20,173,000,000. (B) Outlays, $19,439,000,000. Fiscal year 2027: (A) New budget authority, $20,280,000,000. (B) Outlays, $19,542,000,000. (7) Commerce and Housing Credit (370): Fiscal year 2018: (A) New budget authority, $9,379,000,000. (B) Outlays, −$4,060,000,000. Fiscal year 2019: (A) New budget authority, $12,090,000,000. (B) Outlays, $2,554,000,000. Fiscal year 2020: (A) New budget authority, $7,997,000,000. (B) Outlays, −$646,000,000. Fiscal year 2021: (A) New budget authority, $5,359,000,000. (B) Outlays, −$2,364,000,000. Fiscal year 2022: (A) New budget authority, $7,393,000,000. (B) Outlays, −$2,715,000,000. Fiscal year 2023: (A) New budget authority, −$3,254,000,000. (B) Outlays, −$14,163,000,000. Fiscal year 2024: (A) New budget authority, −$4,648,000,000. (B) Outlays, −$16,202,000,000. Fiscal year 2025: (A) New budget authority, −$4,817,000,000. (B) Outlays, −$17,747,000,000. Fiscal year 2026: (A) New budget authority, −$6,228,000,000. (B) Outlays, −$19,133,000,000. Fiscal year 2027: (A) New budget authority, −$6,816,000,000. (B) Outlays, −$19,990,000,000. (8) Transportation (400): Fiscal year 2018: (A) New budget authority, $89,125,000,000. (B) Outlays, $92,875,000,000. Fiscal year 2019: (A) New budget authority, $90,538,000,000. (B) Outlays, $92,393,000,000. Fiscal year 2020: (A) New budget authority, $84,687,000,000. (B) Outlays, $93,064,000,000. Fiscal year 2021: (A) New budget authority, $40,062,000,000. (B) Outlays, $81,597,000,000. Fiscal year 2022: (A) New budget authority, $71,003,000,000. (B) Outlays, $69,791,000,000. Fiscal year 2023: (A) New budget authority, $71,930,000,000. (B) Outlays, $74,521,000,000. Fiscal year 2024: (A) New budget authority, $73,370,000,000. (B) Outlays, $76,450,000,000. Fiscal year 2025: (A) New budget authority, $74,843,000,000. (B) Outlays, $76,523,000,000. Fiscal year 2026: (A) New budget authority, $76,345,000,000. (B) Outlays, $76,895,000,000. Fiscal year 2027: (A) New budget authority, $77,831,000,000. (B) Outlays, $78,001,000,000. (9) Community and Regional Development (450): Fiscal year 2018: (A) New budget authority, $19,018,000,000. (B) Outlays, $21,697,000,000. Fiscal year 2019: (A) New budget authority, $19,281,000,000. (B) Outlays, $20,600,000,000. Fiscal year 2020: (A) New budget authority, $19,435,000,000. (B) Outlays, $19,518,000,000. Fiscal year 2021: (A) New budget authority, $19,690,000,000. (B) Outlays, $18,867,000,000. Fiscal year 2022: (A) New budget authority, $19,778,000,000. (B) Outlays, $18,506,000,000. Fiscal year 2023: (A) New budget authority, $20,061,000,000. (B) Outlays, $18,041,000,000. Fiscal year 2024: (A) New budget authority, $20,347,000,000. (B) Outlays, $18,277,000,000. Fiscal year 2025: (A) New budget authority, $20,669,000,000. (B) Outlays, $18,831,000,000. Fiscal year 2026: (A) New budget authority, $20,985,000,000. (B) Outlays, $19,353,000,000. Fiscal year 2027: (A) New budget authority, $21,304,000,000. (B) Outlays, $19,932,000,000. (10) Education, Training, Employment, and Social Services (500): Fiscal year 2018: (A) New budget authority, $90,224,000,000. (B) Outlays, $99,348,000,000. Fiscal year 2019: (A) New budget authority, $100,086,000,000. (B) Outlays, $98,799,000,000. Fiscal year 2020: (A) New budget authority, $101,018,000,000. (B) Outlays, $101,064,000,000. Fiscal year 2021: (A) New budget authority, $102,034,000,000. (B) Outlays, $102,218,000,000. Fiscal year 2022: (A) New budget authority, $102,700,000,000. (B) Outlays, $103,178,000,000. Fiscal year 2023: (A) New budget authority, $102,725,000,000. (B) Outlays, $103,653,000,000. Fiscal year 2024: (A) New budget authority, $103,012,000,000. (B) Outlays, $103,960,000,000. Fiscal year 2025: (A) New budget authority, $103,798,000,000. (B) Outlays, $104,747,000,000. Fiscal year 2026: (A) New budget authority, $104,942,000,000. (B) Outlays, $105,921,000,000. Fiscal year 2027: (A) New budget authority, $106,473,000,000. (B) Outlays, $107,433,000,000. (11) Health (550): Fiscal year 2018: (A) New budget authority, $546,598,000,000. (B) Outlays, $558,311,000,000. Fiscal year 2019: (A) New budget authority, $560,622,000,000. (B) Outlays, $563,293,000,000. Fiscal year 2020: (A) New budget authority, $578,838,000,000. (B) Outlays, $570,311,000,000. Fiscal year 2021: (A) New budget authority, $574,616,000,000. (B) Outlays, $575,040,000,000. Fiscal year 2022: (A) New budget authority, $586,530,000,000. (B) Outlays, $583,769,000,000. Fiscal year 2023: (A) New budget authority, $601,742,000,000. (B) Outlays, $599,099,000,000. Fiscal year 2024: (A) New budget authority, $605,811,000,000. (B) Outlays, $603,443,000,000. Fiscal year 2025: (A) New budget authority, $617,220,000,000. (B) Outlays, $614,728,000,000. Fiscal year 2026: (A) New budget authority, $633,890,000,000. (B) Outlays, $630,824,000,000. Fiscal year 2027: (A) New budget authority, $652,230,000,000. (B) Outlays, $653,552,000,000. (12) Medicare (570): Fiscal year 2018: (A) New budget authority, $586,239,000,000. (B) Outlays, $585,962,000,000. Fiscal year 2019: (A) New budget authority, $643,592,000,000. (B) Outlays, $643,374,000,000. Fiscal year 2020: (A) New budget authority, $687,119,000,000. (B) Outlays, $686,926,000,000. Fiscal year 2021: (A) New budget authority, $734,446,000,000. (B) Outlays, $734,241,000,000. Fiscal year 2022: (A) New budget authority, $819,300,000,000. (B) Outlays, $819,073,000,000. Fiscal year 2023: (A) New budget authority, $833,885,000,000. (B) Outlays, $833,669,000,000. Fiscal year 2024: (A) New budget authority, $845,578,000,000. (B) Outlays, $845,355,000,000. Fiscal year 2025: (A) New budget authority, $934,429,000,000. (B) Outlays, $934,186,000,000. Fiscal year 2026: (A) New budget authority, $1,002,522,000,000. (B) Outlays, $1,002,272,000,000. Fiscal year 2027: (A) New budget authority, $1,066,566,000,000. (B) Outlays, $1,066,321,000,000. (13) Income Security (600): Fiscal year 2018: (A) New budget authority, $491,978,000,000. (B) Outlays, $477,537,000,000. Fiscal year 2019: (A) New budget authority, $490,106,000,000. (B) Outlays, $479,627,000,000. Fiscal year 2020: (A) New budget authority, $493,118,000,000. (B) Outlays, $482,945,000,000. Fiscal year 2021: (A) New budget authority, $494,706,000,000. (B) Outlays, $485,536,000,000. Fiscal year 2022: (A) New budget authority, $497,021,000,000. (B) Outlays, $494,507,000,000. Fiscal year 2023: (A) New budget authority, $506,711,000,000. (B) Outlays, $499,405,000,000. Fiscal year 2024: (A) New budget authority, $515,692,000,000. (B) Outlays, $502,742,000,000. Fiscal year 2025: (A) New budget authority, $531,668,000,000. (B) Outlays, $520,169,000,000. Fiscal year 2026: (A) New budget authority, $544,483,000,000. (B) Outlays, $538,620,000,000. Fiscal year 2027: (A) New budget authority, $557,641,000,000. (B) Outlays, $548,723,000,000. (14) Social Security (650): Fiscal year 2018: (A) New budget authority, $39,683,000,000. (B) Outlays, $39,683,000,000. Fiscal year 2019: (A) New budget authority, $43,091,000,000. (B) Outlays, $43,091,000,000. Fiscal year 2020: (A) New budget authority, $46,182,000,000. (B) Outlays, $46,182,000,000. Fiscal year 2021: (A) New budget authority, $49,460,000,000. (B) Outlays, $49,460,000,000. Fiscal year 2022: (A) New budget authority, $52,915,000,000. (B) Outlays, $52,915,000,000. Fiscal year 2023: (A) New budget authority, $56,734,000,000. (B) Outlays, $56,734,000,000. Fiscal year 2024: (A) New budget authority, $60,953,000,000. (B) Outlays, $60,953,000,000. Fiscal year 2025: (A) New budget authority, $65,424,000,000. (B) Outlays, $65,424,000,000. Fiscal year 2026: (A) New budget authority, $69,757,000,000. (B) Outlays, $69,757,000,000. Fiscal year 2027: (A) New budget authority, $74,173,000,000. (B) Outlays, $74,173,000,000. (15) Veterans Benefits and Services (700): Fiscal year 2018: (A) New budget authority, $176,446,000,000. (B) Outlays, $177,393,000,000. Fiscal year 2019: (A) New budget authority, $191,376,000,000. (B) Outlays, $189,441,000,000. Fiscal year 2020: (A) New budget authority, $198,336,000,000. (B) Outlays, $196,338,000,000. Fiscal year 2021: (A) New budget authority, $205,001,000,000. (B) Outlays, $202,930,000,000. Fiscal year 2022: (A) New budget authority, $221,481,000,000. (B) Outlays, $219,320,000,000. Fiscal year 2023: (A) New budget authority, $219,424,000,000. (B) Outlays, $216,903,000,000. Fiscal year 2024: (A) New budget authority, $216,519,000,000. (B) Outlays, $214,343,000,000. Fiscal year 2025: (A) New budget authority, $234,741,000,000. (B) Outlays, $232,535,000,000. Fiscal year 2026: (A) New budget authority, $242,559,000,000. (B) Outlays, $240,210,000,000. Fiscal year 2027: (A) New budget authority, $251,142,000,000. (B) Outlays, $248,884,000,000. (16) Administration of Justice (750): Fiscal year 2018: (A) New budget authority, $65,038,000,000. (B) Outlays, $61,006,000,000. Fiscal year 2019: (A) New budget authority, $64,244,000,000. (B) Outlays, $64,504,000,000. Fiscal year 2020: (A) New budget authority, $64,377,000,000. (B) Outlays, $66,523,000,000. Fiscal year 2021: (A) New budget authority, $65,866,000,000. (B) Outlays, $69,272,000,000. Fiscal year 2022: (A) New budget authority, $67,069,000,000. (B) Outlays, $69,488,000,000. Fiscal year 2023: (A) New budget authority, $68,813,000,000. (B) Outlays, $69,657,000,000. Fiscal year 2024: (A) New budget authority, $70,592,000,000. (B) Outlays, $70,232,000,000. Fiscal year 2025: (A) New budget authority, $72,432,000,000. (B) Outlays, $71,865,000,000. Fiscal year 2026: (A) New budget authority, $74,233,000,000. (B) Outlays, $73,500,000,000. Fiscal year 2027: (A) New budget authority, $76,093,000,000. (B) Outlays, $75,382,000,000. (17) General Government (800): Fiscal year 2018: (A) New budget authority, $24,675,000,000. (B) Outlays, $24,889,000,000. Fiscal year 2019: (A) New budget authority, $25,518,000,000. (B) Outlays, $25,642,000,000. Fiscal year 2020: (A) New budget authority, $25,989,000,000. (B) Outlays, $25,994,000,000. Fiscal year 2021: (A) New budget authority, $26,649,000,000. (B) Outlays, $26,358,000,000. Fiscal year 2022: (A) New budget authority, $27,311,000,000. (B) Outlays, $26,973,000,000. Fiscal year 2023: (A) New budget authority, $27,972,000,000. (B) Outlays, $27,608,000,000. Fiscal year 2024: (A) New budget authority, $28,485,000,000. (B) Outlays, $28,134,000,000. Fiscal year 2025: (A) New budget authority, $29,255,000,000. (B) Outlays, $28,830,000,000. Fiscal year 2026: (A) New budget authority, $30,052,000,000. (B) Outlays, $29,610,000,000. Fiscal year 2027: (A) New budget authority, $30,827,000,000. (B) Outlays, $30,382,000,000. (18) Net Interest (900): Fiscal year 2018: (A) New budget authority, $388,767,000,000. (B) Outlays, $388,767,000,000. Fiscal year 2019: (A) New budget authority, $441,158,000,000. (B) Outlays, $441,158,000,000. Fiscal year 2020: (A) New budget authority, $497,893,000,000. (B) Outlays, $497,893,000,000. Fiscal year 2021: (A) New budget authority, $546,206,000,000. (B) Outlays, $546,206,000,000. Fiscal year 2022: (A) New budget authority, $589,086,000,000. (B) Outlays, $589,086,000,000. Fiscal year 2023: (A) New budget authority, $630,179,000,000. (B) Outlays, $630,179,000,000. Fiscal year 2024: (A) New budget authority, $664,060,000,000. (B) Outlays, $664,060,000,000. Fiscal year 2025: (A) New budget authority, $691,250,000,000. (B) Outlays, $691,250,000,000. Fiscal year 2026: (A) New budget authority, $716,494,000,000. (B) Outlays, $716,494,000,000. Fiscal year 2027: (A) New budget authority, $736,146,000,000. (B) Outlays, $736,146,000,000. (19) Allowances (920): Fiscal year 2018: (A) New budget authority, −$68,576,000,000. (B) Outlays, −$51,055,000,000. Fiscal year 2019: (A) New budget authority, −$133,357,000,000. (B) Outlays, −$96,088,000,000. Fiscal year 2020: (A) New budget authority, −$145,919,000,000. (B) Outlays, −$130,658,000,000. Fiscal year 2021: (A) New budget authority, −$176,695,000,000. (B) Outlays, −$166,918,000,000. Fiscal year 2022: (A) New budget authority, −$218,460,000,000. (B) Outlays, −$209,169,000,000. Fiscal year 2023: (A) New budget authority, −$247,892,000,000. (B) Outlays, −$238,885,000,000. Fiscal year 2024: (A) New budget authority, −$276,275,000,000. (B) Outlays, −$266,915,000,000. Fiscal year 2025: (A) New budget authority, −$307,701,000,000. (B) Outlays, −$297,489,000,000. Fiscal year 2026: (A) New budget authority, −$366,270,000,000. (B) Outlays, −$356,035,000,000. Fiscal year 2027: (A) New budget authority, −$415,402,000,000. (B) Outlays, −$404,286,000,000. (20) Undistributed Offsetting Receipts (950): Fiscal year 2018: (A) New budget authority, −$95,229,000,000. (B) Outlays, −$95,229,000,000. Fiscal year 2019: (A) New budget authority, −$93,401,000,000. (B) Outlays, −$93,401,000,000. Fiscal year 2020: (A) New budget authority, −$95,479,000,000. (B) Outlays, −$95,479,000,000. Fiscal year 2021: (A) New budget authority, −$98,956,000,000. (B) Outlays, −$98,956,000,000. Fiscal year 2022: (A) New budget authority, −$101,293,000,000. (B) Outlays, −$101,293,000,000. Fiscal year 2023: (A) New budget authority, −$102,309,000,000. (B) Outlays, −$102,309,000,000. Fiscal year 2024: (A) New budget authority, −$111,119,000,000. (B) Outlays, −$111,119,000,000. Fiscal year 2025: (A) New budget authority, −$124,766,000,000. (B) Outlays, −$124,766,000,000. Fiscal year 2026: (A) New budget authority, −$128,332,000,000. (B) Outlays, −$128,332,000,000. Fiscal year 2027: (A) New budget authority, −$141,303,000,000. (B) Outlays, −$141,303,000,000. (21) Overseas Contingency Operations (970): Fiscal year 2018: (A) New budget authority, $76,591,000,000. (B) Outlays, $43,121,000,000. Fiscal year 2019: (A) New budget authority, $50,000,000,000. (B) Outlays, $48,676,000,000. Fiscal year 2020: (A) New budget authority, $25,000,000,000. (B) Outlays, $34,675,000,000. Fiscal year 2021: (A) New budget authority, $12,000,000,000. (B) Outlays, $20,684,000,000. Fiscal year 2022: (A) New budget authority, $0. (B) Outlays, $8,901,000,000. Fiscal year 2023: (A) New budget authority, $0. (B) Outlays, $3,053,000,000. Fiscal year 2024: (A) New budget authority, $0. (B) Outlays, $946,000,000. Fiscal year 2025: (A) New budget authority, $0. (B) Outlays, $264,000,000. Fiscal year 2026: (A) New budget authority, $0. (B) Outlays, $0. Fiscal year 2027: (A) New budget authority, $0. (B) Outlays, $0. B Levels and amounts in the Senate 1201. Social Security in the Senate (a) Social Security Revenues For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 and 642), the amounts of revenues of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows: Fiscal year 2018: $873,312,000,000. Fiscal year 2019: $903,381,000,000. Fiscal year 2020: $932,055,000,000. Fiscal year 2021: $962,698,000,000. Fiscal year 2022: $996,127,000,000. Fiscal year 2023: $1,031,653,000,000. Fiscal year 2024: $1,068,529,000,000. Fiscal year 2025: $1,106,862,000,000. Fiscal year 2026: $1,146,803,000,000. Fiscal year 2027: $1,188,060,000,000. (b) Social Security Outlays For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 and 642), the amounts of outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows: Fiscal year 2018: $849,609,000,000. Fiscal year 2019: $909,109,000,000. Fiscal year 2020: $972,776,000,000. Fiscal year 2021: $1,040,108,000,000. Fiscal year 2022: $1,111,446,000,000. Fiscal year 2023: $1,188,081,000,000. Fiscal year 2024: $1,266,786,000,000. Fiscal year 2025: $1,349,334,000,000. Fiscal year 2026: $1,437,032,000,000. Fiscal year 2027: $1,530,362,000,000. (c) Social Security Administrative Expenses In the Senate, the amounts of new budget authority and budget outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund for administrative expenses are as follows: Fiscal year 2018: (A) New budget authority, $5,553,000,000. (B) Outlays, $5,584,000,000. Fiscal year 2019: (A) New budget authority, $5,716,000,000. (B) Outlays, $5,713,000,000. Fiscal year 2020: (A) New budget authority, $5,888,000,000. (B) Outlays, $5,856,000,000. Fiscal year 2021: (A) New budget authority, $6,062,000,000. (B) Outlays, $6,029,000,000. Fiscal year 2022: (A) New budget authority, $6,241,000,000. (B) Outlays, $6,207,000,000. Fiscal year 2023: (A) New budget authority, $6,426,000,000. (B) Outlays, $6,392,000,000. Fiscal year 2024: (A) New budget authority, $6,617,000,000. (B) Outlays, $6,581,000,000. Fiscal year 2025: (A) New budget authority, $6,816,000,000. (B) Outlays, $6,779,000,000. Fiscal year 2026: (A) New budget authority, $7,024,000,000. (B) Outlays, $6,985,000,000. Fiscal year 2027: (A) New budget authority, $7,233,000,000. (B) Outlays, $7,194,000,000. 1202. Postal Service discretionary administrative expenses in the Senate In the Senate, the amounts of new budget authority and budget outlays of the Postal Service for discretionary administrative expenses are as follows: Fiscal year 2018: (A) New budget authority, $281,000,000. (B) Outlays, $281,000,000. Fiscal year 2019: (A) New budget authority, $290,000,000. (B) Outlays, $290,000,000. Fiscal year 2020: (A) New budget authority, $301,000,000. (B) Outlays, $301,000,000. Fiscal year 2021: (A) New budget authority, $311,000,000. (B) Outlays, $311,000,000. Fiscal year 2022: (A) New budget authority, $322,000,000. (B) Outlays, $322,000,000. Fiscal year 2023: (A) New budget authority, $333,000,000. (B) Outlays, $333,000,000. Fiscal year 2024: (A) New budget authority, $344,000,000. (B) Outlays, $343,000,000. Fiscal year 2025: (A) New budget authority, $356,000,000. (B) Outlays, $355,000,000. Fiscal year 2026: (A) New budget authority, $369,000,000. (B) Outlays, $368,000,000. Fiscal year 2027: (A) New budget authority, $380,000,000. (B) Outlays, $379,000,000. II Reconciliation 2001. Reconciliation in the Senate (a) Committee on Finance The Committee on Finance of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027. (b) Committee on Energy and Natural Resources The Committee on Energy and Natural Resources of the Senate shall report changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2018 through 2027. (c) Submissions In the Senate, not later than November 13, 2017, the Committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the Senate. Upon receiving such recommendations, the Committee on the Budget of the Senate shall report to the Senate a reconciliation bill carrying out all such recommendations without any substantive revision. 2002. Reconciliation in the House of Representatives (a) Committee on Ways and Means The Committee on Ways and Means of the House of Representatives shall submit changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027. (b) Committee on Natural Resources The Committee on Natural Resources of the House of Representatives shall submit changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2018 through 2027. (c) Submissions In the House of Representatives, not later than November 13, 2017, the committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the House of Representatives to carry out this section. III Reserve funds 3001. Deficit-neutral reserve fund to protect flexible and affordable health care for all The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to repealing or replacing the Patient Protection and Affordable Care Act ( Public Law 111–148 ; 124 Stat. 119) and the Health Care and Education Reconciliation Act of 2010 ( Public Law 111–152 ; 124 Stat. 1029), by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3002. Revenue-neutral reserve fund to reform the American tax system The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to reforming the Internal Revenue Code of 1986, which may include— (1) tax relief for middle-income working Americans; (2) lowering taxes on families with children; or (3) incentivizing companies to invest domestically and create jobs in the United States, by the amounts provided in such legislation for those purposes, provided that such legislation is revenue neutral and would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3003. Reserve fund for reconciliation legislation (a) In general The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for any bill or joint resolution considered pursuant to section 2001 containing the recommendations of one or more committees, or for one or more amendments to, a conference report on, or an amendment between the Houses in relation to such a bill or joint resolution, by the amounts necessary to accommodate the budgetary effects of the legislation, if the budgetary effects of the legislation comply with the reconciliation instructions under this concurrent resolution. (b) Determination of compliance For purposes of this section, compliance with the reconciliation instructions under this concurrent resolution shall be determined by the Chairman of the Committee on the Budget of the Senate. (c) Exception for legislation Section 404(a) of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010, shall not apply to legislation for which the Chairman of the Committee on the Budget of the Senate has exercised the authority under subsection (a). 3004. Deficit-neutral reserve fund for extending the State Children’s Health Insurance Program The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to an extension of the State Children’s Health Insurance Program, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3005. Deficit-neutral reserve fund to strengthen American families The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) addressing the opioid and substance abuse crisis; (2) protecting and assisting victims of domestic abuse; (3) foster care, child care, marriage, and fatherhood programs; (4) making it easier to save for retirement; (5) reforming the American public housing system; (6) the Community Development Block Grant Program; or (7) extending expiring health care provisions, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3006. Deficit-neutral reserve fund to promote innovative educational and nutritional models and systems for American students The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) amending the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.); (2) ensuring State flexibility in education; (3) enhancing outcomes with Federal workforce development, job training, and reemployment programs; (4) the consolidation and streamlining of overlapping early learning and child care programs; (5) educational programs for individuals with disabilities; or (6) child nutrition programs, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3007. Deficit-neutral reserve fund to improve the American banking system The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to the American banking system by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3008. Deficit-neutral reserve fund to promote American agriculture, energy, transportation, and infrastructure improvements The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) the Farm Bill; (2) American energy policies; (3) the Nuclear Regulatory Commission; (4) North American energy development; (5) infrastructure, transportation, and water development; (6) the Federal Aviation Administration; (7) the National Flood Insurance Program; (8) State mineral royalty revenues; or (9) soda ash royalties, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3009. Deficit-neutral reserve fund to restore American military power The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) improving military readiness, including deferred Facilities Sustainment Restoration and Modernization; (2) military technological superiority; (3) structural defense reforms; or (4) strengthening cybersecurity efforts, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3010. Deficit-neutral reserve fund for veterans and service members The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to improving the delivery of benefits and services to veterans and service members by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3011. Deficit-neutral reserve fund for public lands and the environment The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) the Endangered Species Act of 1973 ( 16 U.S.C. 1531 et seq.); (2) forest health and wildfire prevention and control; (3) resources for wildland firefighting for the Forest Service and Department of Interior; (4) the payments in lieu of taxes program; or (5) the secure rural schools and community self-determination program, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3012. Deficit-neutral reserve fund to secure the American border The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) securing the border of the United States; (2) ending human trafficking; or (3) stopping the transportation of narcotics into the United States, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3013. Deficit-neutral reserve fund to promote economic growth, the private sector, and to enhance job creation The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to— (1) reducing costs to businesses and individuals stemming from Federal regulations; (2) increasing commerce and economic growth; or (3) enhancing job creation, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3014. Deficit-neutral reserve fund for legislation modifying statutory budgetary controls The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to modifying statutory budget controls, which may include adjustments to the discretionary spending limits and changes to the scope of sequestration as carried out by the Office of Management and Budget, such as for the Financial Accounting Standards Board, Public Company Accounting Oversight Board, Securities Investor Protection Corporation, and other similar entities, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3015. Deficit-neutral reserve fund to prevent the taxpayer bailout of pension plans The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to the prevention of taxpayer bailout of pension plans, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3016. Deficit-neutral reserve fund relating to implementing work requirements in all means-tested Federal welfare programs The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to implementing work requirements in all means-tested Federal welfare programs by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3017. Deficit-neutral reserve fund to protect Medicare and repeal the Independent Payment Advisory Board The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to protecting the Medicare program under title XVIII of the Social Security Act ( 42 U.S.C. 1395 et seq.), which may include repealing the Independent Payment Advisory Board established under section 1899A of such Act ( 42 U.S.C. 1395kkk ), by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3018. Deficit-neutral reserve fund relating to affordable child and dependent care The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to making the cost of child and dependent care more affordable and useful for American families by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3019. Deficit-neutral reserve fund relating to worker training programs The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to worker training programs, such as training programs that target workers that need advanced skills to progress in their current profession or apprenticeship or certificate programs that provide retraining for a new industry, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3020. Reserve fund for legislation to provide disaster funds for relief and recovery efforts to areas devastated by hurricanes and flooding in 2017 The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to providing disaster funds for relief and recovery to areas devastated by hurricanes and flooding in 2017, by the amounts necessary to accommodate the budgetary effects of the legislation. 3021. Deficit-neutral reserve fund relating to protecting Medicare and Medicaid The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to protecting the Medicaid program under title XIX of the Social Security Act ( 42 U.S.C. 1396 et seq.), which may include strengthening and improving Medicaid for the most vulnerable populations, and extending the life of the Federal Hospital Insurance Trust Fund by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3022. Deficit-neutral reserve fund relating to the provision of tax relief for families with children The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include lowering taxes on families with children, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3023. Deficit-neutral reserve fund relating to the provision of tax relief for small businesses The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include the provision of tax relief for small businesses, along with provisions to prevent upper-income taxpayers from sheltering income from taxation at the appropriate rate, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3024. Deficit-neutral reserve fund relating to tax relief for hard-working middle-class americans The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include reducing federal deductions, such as the state and local tax deduction which disproportionally favors high-income individuals, to ensure relief for middle-income taxpayers, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2027. 3025. Deficit-neutral reserve fund relating to making the American tax system simpler and fairer for all Americans The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include provisions to make the American tax system simpler and fairer for all Americans, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3026. Deficit-neutral reserve fund relating to tax cuts for working American families The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to increasing per-child Federal tax relief, which may include amending the child tax credit, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3027. Deficit-neutral reserve fund relating to the provision of incentives for businesses to invest in America and create jobs in America The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include international tax provisions that provide or enhance incentives for businesses to invest in America, generate American jobs, retain American jobs, and return jobs to America, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3028. Deficit-neutral reserve fund relating to eliminating tax breaks for companies that ship jobs to foreign countries The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to eliminating tax breaks for companies that outsource jobs to foreign countries, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3029. Deficit-neutral reserve fund relating to providing full, permanent, and mandatory funding for the payment in lieu of taxes program The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to providing full, permanent, and mandatory funding for the payment in lieu of taxes program by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. 3030. Deficit-neutral reserve fund relating to tax reform which maintains the progressivity of the tax system The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to changes in Federal tax laws, which may include tax reform proposals to ensure that the reformed tax code parallels the existing tax code with respect to relative burdens and does not shift the tax burden from high-income to lower- and middle-income taxpayers, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2018 through 2027. 3031. Deficit-neutral reserve fund relating to significantly improving the budget process The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to significantly improving the budget process by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2018 through 2022 or the period of the total of fiscal years 2018 through 2027. IV Budget process A Budget enforcement 4101. Point of order against advance appropriations in the Senate (a) In general (1) Point of order Except as provided in subsection (b), it shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would provide an advance appropriation for a discretionary account. (2) Definition In this section, the term advance appropriation means any new budget authority provided in a bill or joint resolution making appropriations for fiscal year 2018 that first becomes available for any fiscal year after 2018, or any new budget authority provided in a bill or joint resolution making general appropriations or continuing appropriations for fiscal year 2019, that first becomes available for any fiscal year after 2019. (b) Exceptions Advance appropriations may be provided— (1) for fiscal years 2019 and 2020 for programs, projects, activities, or accounts identified in the joint explanatory statement of managers accompanying this concurrent resolution under the heading Accounts Identified for Advance Appropriations in an aggregate amount not to exceed $28,852,000,000 in new budget authority in each fiscal year; (2) for the Corporation for Public Broadcasting; and (3) for the Department of Veterans Affairs for the Medical Services, Medical Support and Compliance, Veterans Medical Community Care, and Medical Facilities accounts of the Veterans Health Administration. (c) Supermajority waiver and appeal (1) Waiver In the Senate, subsection (a) may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. (2) Appeal An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). (d) Form of point of order A point of order under subsection (a) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (e) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to this section, and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. 4102. Point of order against certain changes in mandatory programs (a) Definition In this section, the term CHIMP means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 902 ) (as in effect prior to September 30, 2002) if the provision was included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the period of the total of the current year, the budget year, and all fiscal years covered under the most recently adopted concurrent resolution on the budget. (b) Point of order in the Senate (1) In general It shall not be in order in the Senate to consider a bill or joint resolution making appropriations for a full fiscal year, or an amendment thereto, amendment between the Houses in relation thereto, conference report thereon, or motion thereon, that includes a CHIMP that, if enacted, would cause the absolute value of the total budget authority of all such CHIMPs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (2). (2) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $17,000,000,000; (B) for fiscal year 2019, $15,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the Chairman of the Committee on the Budget of the Senate. (d) Supermajority waiver and appeal in the Senate In the Senate, subsection (b) may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (b). (e) Senate point of order against provisions of appropriations legislation that constitute changes in mandatory programs with net costs (1) In general Section 3103 of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, is repealed. (2) Applicability In the Senate, section 314 of S. Con. Res. 70 (110th Congress), the concurrent resolution on the budget for fiscal year 2009, shall be applied and administered as if section 3103(e) of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, had not been enacted. 4103. Point of order against provisions that constitute changes in mandatory programs affecting the Crime Victims Fund (a) Definition In this section— (1) the term CHIMP has the meaning given such term in section 4102(a); and (2) the term Crime Victims Fund means the Crime Victims Fund established under section 1402 of the Victims of Crime Act of 1984 ( 34 U.S.C. 20101 ). (b) Point of order in the Senate (1) In general When the Senate is considering a bill or joint resolution making full-year appropriations for fiscal year 2018, or an amendment thereto, amendment between the Houses in relation thereto, conference report thereon, or motion thereon, if a point of order is made by a Senator against a provision containing a CHIMP affecting the Crime Victims Fund that, if enacted, would cause the absolute value of the total budget authority of all CHIMPs affecting the Crime Victims Fund in relation to fiscal year 2018 to be more than $11,224,000,000, and the point of order is sustained by the Chair, that provision shall be stricken from the measure and may not be offered as an amendment from the floor. (2) Form of the point of order A point of order under paragraph (1) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (3) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to paragraph (1), and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. (4) Supermajority waiver and appeal In the Senate, this subsection may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subsection. (5) Determination For purposes of this subsection, budgetary levels shall be determined on the basis of estimates provided by the Chairman of the Committee on the Budget of the Senate. (c) Review of procedures regarding chimps The Committee on the Budget and the Committee on Appropriations of the Senate shall review existing budget enforcement procedures regarding CHIMPs included in appropriations legislation. These committees of jurisdiction should consult with other relevant committees of jurisdiction and other interested parties to review such procedures, including for Crime Victims Fund spending, and include any agreed upon recommendations in subsequent concurrent resolutions on the budget. 4104. Point of order against designation of funds for overseas contingency operations (a) Point of order When the Senate is considering a bill, joint resolution, motion, amendment, amendment between the Houses, or conference report, if a point of order is made by a Senator against a provision that designates funds for fiscal year 2018 for overseas contingency operations, in accordance with section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b)(2)(A) ), and the point of order is sustained by the Chair, that provision shall be stricken from the measure and may not be offered as an amendment from the floor. (b) Form of the point of order A point of order under subsection (a) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (c) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to subsection (a), and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. (d) Supermajority waiver and appeal In the Senate, this section may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chose and sworn. An affirmative vote of three-fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (e) Suspension of point of order This section shall not apply if a declaration of war by Congress is in effect. 4105. Point of order against reconciliation amendments with unknown budgetary effects (a) In general In the Senate, it shall not be in order to consider an amendment to or motion on a bill or joint resolution considered pursuant to section 2001 if the Chairman of the Committee on the Budget submits a written statement for the Congressional Record indicating that the Chairman, after consultation with the Ranking Member of the Committee on the Budget, is unable to determine the effect the amendment or motion would have on budget authority, outlays, direct spending, entitlement authority, revenues, deficits, or surpluses. (b) Supermajority waiver and appeal in the Senate In the Senate, subsection (a) may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). 4106. Pay-As-You-Go point of order in the Senate (a) Point of order (1) In general It shall not be in order in the Senate to consider any direct spending or revenue legislation that would increase the on-budget deficit or cause an on-budget deficit for any of the applicable time periods as measured in paragraphs (5) and (6). (2) Applicable time periods For purposes of this subsection, the term applicable time period means any of— (A) the period of the current fiscal year; (B) the period of the budget year; (C) the period of the current fiscal year, the budget year, and the ensuing 4 fiscal years following the budget year; or (D) the period of the current fiscal year, the budget year, and the ensuing 9 fiscal years following the budget year. (3) Direct spending legislation For purposes of this subsection and except as provided in paragraph (4), the term direct spending legislation means any bill, joint resolution, amendment, motion, or conference report that affects direct spending as that term is defined by, and interpreted for purposes of, the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq.). (4) Exclusion For purposes of this subsection, the terms direct spending legislation and revenue legislation do not include— (A) any concurrent resolution on the budget; or (B) any provision of legislation that affects the full funding of, and continuation of, the deposit insurance guarantee commitment in effect on November 5, 1990. (5) Baseline Estimates prepared pursuant to this subsection shall— (A) use the baseline surplus or deficit used for the most recently adopted concurrent resolution on the budget; and (B) be calculated under the requirements of subsections (b) through (d) of section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) for fiscal years beyond those covered by that concurrent resolution on the budget. (6) Prior surplus If direct spending or revenue legislation increases the on-budget deficit or causes an on-budget deficit when taken individually, it must also increase the on-budget deficit or cause an on-budget deficit when taken together with all direct spending and revenue legislation enacted since the beginning of the calendar year not accounted for in the baseline under paragraph (5)(A), except that direct spending or revenue effects resulting in net deficit reduction enacted in any bill pursuant to a reconciliation instruction since the beginning of that same calendar year shall never be made available on the pay-as-you-go ledger and shall be dedicated only for deficit reduction. (b) Supermajority waiver and appeals (1) Waiver This section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn. (2) Appeals Appeals in the Senate from the decisions of the Chair relating to any provision of this section shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution, as the case may be. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (c) Determination of budget levels For purposes of this section, the levels of new budget authority, outlays, and revenues for a fiscal year shall be determined on the basis of estimates made by the Senate Committee on the Budget. (d) Repeal In the Senate, section 201 of S. Con. Res. 21 (110th Congress), the concurrent resolution on the budget for fiscal year 2008, shall no longer apply. 4107. Honest accounting: cost estimates for major legislation to incorporate macroeconomic effects (a) CBO and JCT estimates During the 115th Congress, any estimate provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act ( 2 U.S.C. 601(f) ) for major legislation considered in the Senate shall, to the greatest extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of the major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ); and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Distributional effects Any estimate referred to in subsection (a) shall, to the extent practicable, include the distributional effects across income categories resulting from major legislation. (d) Definitions In this section: (1) Major legislation The term major legislation means a bill, joint resolution, conference report, amendment, amendment between the Houses, or treaty considered in the Senate— (A) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than— (i) 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (ii) for a treaty, equal to or greater than $15,000,000,000 for that fiscal year; or (B) designated as such by— (i) the Chairman of the Committee on the Budget of the Senate for all direct spending and revenue legislation; or (ii) the Senator who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 4108. Adjustment authority for amendments to statutory caps During the 115th Congress, if a measure becomes law that amends the discretionary spending limits established under section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(c) ), such as a measure increasing the limit for the revised security category for fiscal year 2018 to be $640,000,000,000, the Chairman of the Committee on the Budget of the Senate may adjust the allocation called for under section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the appropriate committee or committees of the Senate, and may adjust all other budgetary aggregates, allocations, levels, and limits contained in this resolution, as necessary, consistent with such measure. 4109. Adjustment for wildfire suppression funding in the Senate During the 115th Congress, if a measure becomes law that amends the adjustments to discretionary spending limits established under section 251(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b) ) to provide for wildfire suppression funding, which may include criteria for making such an adjustment, the Chairman of the Committee on the Budget of the Senate may adjust the allocation called for in section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the appropriate committee or committees of the Senate, and may adjust all other budgetary aggregates, allocations, levels, and limits contained in this concurrent resolution, as necessary, consistent with such measure. 4110. Adjustment for improved oversight of spending (a) Adjustments of direct spending levels If a measure becomes law that decreases direct spending (budget authority and outlays flowing therefrom) for any fiscal year and provides for an authorization of appropriations for the same purpose, the Chairman of the Committee on the Budget of the Senate may decrease the allocation to the committee of the Senate with jurisdiction of the direct spending by an amount equal to the amount of the decrease in direct spending and may revise the aggregates and other appropriate levels in this resolution and make adjustments to the pay-as-you-go ledger in the amounts necessary to accommodate the decrease in direct spending. (b) Determinations For purposes of this section, the levels of budget authority and outlays shall be determined on the basis of estimates submitted by the Chairman of the Committee on the Budget of the Senate. 4111. Repeal of certain limitations Sections 3205 and 3206 of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, are repealed. 4112. Emergency legislation (a) Authority To designate In the Senate, with respect to a provision of direct spending or receipts legislation or appropriations for discretionary accounts that Congress designates as an emergency requirement in such measure, the amounts of new budget authority, outlays, and receipts in all fiscal years resulting from that provision shall be treated as an emergency requirement for the purpose of this section. (b) Exemption of emergency provisions Any new budget authority, outlays, and receipts resulting from any provision designated as an emergency requirement, pursuant to this section, in any bill, joint resolution, amendment, amendment between the Houses, or conference report shall not count for purposes of sections 302 and 311 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 and 642), section 4106 of this resolution, section 3101 of S. Con. Res. 11 (114th Congress), the concurrent resolution on the budget for fiscal year 2016, and sections 401 and 404 of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010. Designated emergency provisions shall not count for the purpose of revising allocations, aggregates, or other levels pursuant to procedures established under section 301(b)(7) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(b)(7) ) for deficit-neutral reserve funds and revising discretionary spending limits set pursuant to section 301 of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010. (c) Designations If a provision of legislation is designated as an emergency requirement under this section, the committee report and any statement of managers accompanying that legislation shall include an explanation of the manner in which the provision meets the criteria in subsection (f). (d) Definitions In this section, the terms direct spending , receipts , and appropriations for discretionary accounts mean any provision of a bill, joint resolution, amendment, motion, amendment between the Houses, or conference report that affects direct spending, receipts, or appropriations as those terms have been defined and interpreted for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq.). (e) Point of order (1) In general When the Senate is considering a bill, resolution, amendment, motion, amendment between the Houses, or conference report, if a point of order is made by a Senator against an emergency designation in that measure, that provision making such a designation shall be stricken from the measure and may not be offered as an amendment from the floor. (2) Supermajority waiver and appeals (A) Waiver Paragraph (1) may be waived or suspended in the Senate only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. (B) Appeals Appeals in the Senate from the decisions of the Chair relating to any provision of this subsection shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution, as the case may be. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subsection. (3) Definition of an emergency designation For purposes of paragraph (1), a provision shall be considered an emergency designation if it designates any item as an emergency requirement pursuant to this subsection. (4) Form of the point of order A point of order under paragraph (1) may be raised by a Senator as provided in section 313(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 644(e) ). (5) Conference reports When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill, upon a point of order being made by any Senator pursuant to this section, and such point of order being sustained, such material contained in such conference report shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order. (f) Criteria (1) In general For purposes of this section, any provision is an emergency requirement if the situation addressed by such provision is— (A) necessary, essential, or vital (not merely useful or beneficial); (B) sudden, quickly coming into being, and not building up over time; (C) an urgent, pressing, and compelling need requiring immediate action; (D) subject to paragraph (2), unforeseen, unpredictable, and unanticipated; and (E) not permanent, temporary in nature. (2) Unforeseen An emergency that is part of an aggregate level of anticipated emergencies, particularly when normally estimated in advance, is not unforeseen. (g) Inapplicability In the Senate, section 403 of S. Con. Res. 13 (111th Congress), the concurrent resolution on the budget for fiscal year 2010, shall no longer apply. 4113. Enforcement filing in the Senate If this concurrent resolution on the budget is agreed to by the Senate and House of Representatives without the appointment of a committee of conference on the disagreeing votes of the two Houses, the Chairman of the Committee on the Budget of the Senate may submit a statement for publication in the Congressional Record containing— (1) for the Committee on Appropriations, committee allocations for fiscal year 2018 consistent with the levels in title I for the purpose of enforcing section 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); (2) for all committees other than the Committee on Appropriations, committee allocations for fiscal years 2018, 2018 through 2022, and 2018 through 2027 consistent with the levels in title I for the purpose of enforcing section 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); and (3) a list of programs, projects, activities, or accounts identified for advanced appropriations that would have been identified in the joint explanatory statement of managers accompanying this concurrent resolution. B Other provisions 4201. Oversight of Government performance In the Senate, all committees are directed to review programs and tax expenditures within their jurisdiction to identify waste, fraud, abuse or duplication, and increase the use of performance data to inform committee work. Committees are also directed to review the matters for congressional consideration identified in the Office of Inspector General semiannual reports and the Office of Inspector General's list of unimplemented recommendations and on the Government Accountability Office’s High Risk list and the annual report to reduce program duplication. Based on these oversight efforts and performance reviews of programs within their jurisdiction, committees are directed to include recommendations for improved governmental performance in their annual views and estimates reports required under section 301(d) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(d) ) to the Committees on the Budget. 4202. Budgetary treatment of certain discretionary administrative expenses (a) In general In the Senate, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a)(1) ), section 13301 of the Budget Enforcement Act of 1990 ( 2 U.S.C. 632 note), and section 2009a of title 39, United States Code, the joint explanatory statement accompanying the conference report on any concurrent resolution on the budget shall include in its allocations under section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the Committees on Appropriations amounts for the discretionary administrative expenses of the Social Security Administration and of the Postal Service. (b) Special rule In the Senate, for purposes of enforcing sections 302(f) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(f) ), estimates of the level of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 4203. Application and effect of changes in allocations and aggregates (a) Application Any adjustments of allocations and aggregates made pursuant to this resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 ( 2 U.S.C. 621 et seq.) as allocations and aggregates contained in this resolution. (c) Budget committee determinations For purposes of this resolution the levels of new budget authority, outlays, direct spending, new entitlement authority, revenues, deficits, and surpluses for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the Committee on the Budget of the Senate. 4204. Adjustments to reflect changes in concepts and definitions Upon the enactment of a bill or joint resolution providing for a change in concepts or definitions, the Chairman of the Committee on the Budget of the Senate may make adjustments to the levels and allocations in this resolution in accordance with section 251(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b) ). 4205. Adjustments to reflect legislation not included in the baseline The Chairman of the Committee on the Budget of the Senate may make adjustments to the levels and allocations in this resolution to reflect legislation enacted before the date on which this resolution is agreed to by Congress that is not incorporated in the baseline underlying the Congressional Budget Office’s June 2017 update to the Budget and Economic Outlook: 2017 to 2027. 4206. Exercise of rulemaking powers Congress adopts the provisions of this title— (1) as an exercise of the rulemaking power of the Senate, and as such they shall be considered as part of the rules of the Senate and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the Senate to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the Senate. V Budget process in the House of Representatives A Budget enforcement 5101. Point of order against increasing long-term direct spending (a) Point of order It shall not be in order in the House of Representatives to consider any bill or joint resolution, or amendment thereto or conference report thereon, that would cause a net increase in direct spending in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods described in subsection (b). (b) Congressional Budget Office analysis of proposals The Director of the Congressional Budget Office shall, to the extent practicable, prepare an estimate of whether a bill or joint resolution reported by a committee (other than the Committee on Appropriations), or amendment thereto or conference report thereon, would cause, relative to current law, a net increase in direct spending in the House of Representatives, in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods beginning after the last fiscal year of this concurrent resolution. (c) Limitation In the House of Representatives, the provisions of this section shall not apply to any bills or joint resolutions, or amendments thereto or conference reports thereon, for which the chair of the Committee on the Budget has made adjustments to the allocations, aggregates, or other budgetary levels in this concurrent resolution. (d) Determinations of budget levels For purposes of this section, the levels of net increases in direct spending shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. (e) Sunset This section shall have no force or effect after September 30, 2018. 5102. Allocation for Overseas Contingency Operations/Global War on Terrorism (a) Separate allocation for Overseas Contingency Operations/Global War on Terrorism In the House of Representatives, there shall be a separate allocation of new budget authority and outlays provided to the Committee on Appropriations for the purposes of Overseas Contingency Operations/Global War on Terrorism, which shall be deemed to be an allocation under section 302(a) of the Congressional Budget Act of 1974. Section 302(a)(3) of such Act shall not apply to such separate allocation. (b) Section 302 allocations The separate allocation referred to in subsection (a) shall be the exclusive allocation for Overseas Contingency Operations/Global War on Terrorism under section 302(b) of the Congressional Budget Act of 1974. The Committee on Appropriations of the House of Representatives may provide suballocations of such separate allocation under such section 302(b). (c) Application For purposes of enforcing the separate allocation referred to in subsection (a) under section 302(f) of the Congressional Budget Act of 1974, the first fiscal year and the total of fiscal years shall be deemed to refer to fiscal year 2018. Section 302(c) of such Act shall not apply to such separate allocation. (d) Designations New budget authority or outlays shall only be counted toward the allocation referred to in subsection (a) if designated pursuant to section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. (e) Adjustments For purposes of subsection (a) for fiscal year 2018, no adjustment shall be made under section 314(a) of the Congressional Budget Act of 1974 if any adjustment would be made under section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. 5103. Limitation on changes in certain mandatory programs (a) Definition In this section, the term change in mandatory programs means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) if the provision were included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the total of the current year, the budget year, and all fiscal years covered under the most recently agreed to concurrent resolution on the budget. (b) Point of order in the House of Representatives (1) In general A provision in a bill or joint resolution making appropriations for a full fiscal year that proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3), shall not be in order in the House of Representatives. (2) Amendments and conference reports It shall not be in order in the House of Representatives to consider an amendment to, or a conference report on, a bill or joint resolution making appropriations for a full fiscal year if such amendment thereto or conference report thereon proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3). (3) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $19,100,000,000; (B) for fiscal year 2019, $17,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. 5104. Limitation on advance appropriations (a) In general In the House of Representatives, except as provided for in subsection (b), any general appropriation bill or bill or joint resolution continuing appropriations, or amendment thereto or conference report thereon, may not provide advance appropriations. (b) Exceptions An advance appropriation may be provided for programs, projects, activities, or accounts identified in the report or the joint explanatory statement of managers, as applicable, accompanying this concurrent resolution under the following headings: (1) General Accounts Identified for Advance Appropriations . (2) Veterans Veterans Accounts Identified for Advance Appropriations . (c) Limitations The aggregate level of advance appropriations shall not exceed the following: (1) General $28,852,000,000 in new budget authority for all programs identified pursuant to subsection (b)(1). (2) Veterans $70,699,313,000 in new budget authority for programs in the Department of Veterans Affairs identified pursuant to subsection (b)(2). (d) Definition In this section, the term advance appropriation means any new discretionary budget authority provided in a general appropriation bill or joint resolution continuing appropriations for fiscal year 2018, or any amendment thereto or conference report thereon, that first becomes available for the first fiscal year following fiscal year 2018. 5105. Estimates of debt service costs In the House of Representatives, the chair of the Committee on the Budget may direct the Congressional Budget Office to include, in any estimate prepared under section 402 of the Congressional Budget Act of 1974 with respect to any bill or joint resolution, an estimate of any change in debt service costs resulting from carrying out such bill or resolution. Any estimate of debt service costs provided under this section shall be advisory and shall not be used for purposes of enforcement of such Act, the Rules of the House of Representatives, or this concurrent resolution. This section shall not apply to authorizations of programs funded by discretionary spending or to appropriation bills or joint resolutions, but shall apply to changes in the authorization level of appropriated entitlements. 5106. Fair-value credit estimates (a) All credit programs Whenever the Director of the Congressional Budget Office provides an estimate of any measure that establishes or modifies any program providing loans or loan guarantees, the Director shall also, to the extent practicable, provide a fair-value estimate of such loan or loan guarantee program if requested by the chair of the Committee on the Budget of the House of Representatives. (b) Student financial assistance and housing programs The Director of the Congressional Budget Office shall provide, to the extent practicable, a fair-value estimate as part of any estimate for any measure that establishes or modifies a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). (c) Baseline estimates The Congressional Budget Office shall include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and such other major loan and loan guarantee programs, as practicable, in its The Budget and Economic Outlook: 2018 to 2027. (d) Enforcement in the House of Representatives If the Director of the Congressional Budget Office provides an estimate pursuant to subsection (a) or (b), the chair of the Committee on the Budget of the House of Representatives may use such estimate to determine compliance with the Congressional Budget Act of 1974 and other budget enforcement requirements. 5107. Estimates of macroeconomic effects of major legislation (a) CBO and JCT estimates During the 115th Congress, any estimate of major legislation considered in the House of Representatives provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act shall, to the extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of the major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974; and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Definitions In this section: (1) Major legislation The term major legislation means a bill or joint resolution, or amendment thereto or conference report thereon— (A) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (B) designated as such by— (i) the chair of the Committee on the Budget of the House of Representatives for all direct spending legislation; or (ii) the Member who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 5108. Adjustments for improved control of budgetary resources (a) Adjustments of discretionary and direct spending levels In the House of Representatives, if a committee (other than the Committee on Appropriations) reports a bill or joint resolution, or an amendment thereto is offered or conference report thereon is submitted, providing for a decrease in direct spending (budget authority and outlays flowing therefrom) for any fiscal year and also provides for an authorization of appropriations for the same purpose, upon the enactment of such measure, the chair of the Committee on the Budget may decrease the allocation to the applicable authorizing committee that reports such measure and increase the allocation of discretionary spending (budget authority and outlays flowing therefrom) to the Committee on Appropriations for fiscal year 2018 by an amount equal to the new budget authority (and outlays flowing therefrom) provided for in a bill or joint resolution making appropriations for the same purpose. (b) Determinations In the House of Representatives, for purposes of enforcing this concurrent resolution, the allocations and aggregate levels of new budget authority, outlays, direct spending, revenues, deficits, and surpluses for fiscal year 2018 and the total of fiscal years 2018 through 2027 shall be determined on the basis of estimates made by the chair of the Committee on the Budget and such chair may adjust the applicable levels in this concurrent resolution. 5109. Scoring rule for Energy Savings Performance Contracts (a) In general The Director of the Congressional Budget Office shall estimate provisions of any bill or joint resolution, or amendment thereto or conference report thereon, that provides the authority to enter into or modify any covered energy savings contract on a net present value basis (NPV). (b) NPV calculations The net present value of any covered energy savings contract shall be calculated as follows: (1) The discount rate shall reflect market risk. (2) The cash flows shall include, whether classified as mandatory or discretionary, payments to contractors under the terms of their contracts, payments to contractors for other services, and direct savings in energy and energy-related costs. (3) The stream of payments shall cover the period covered by the contracts but not to exceed 25 years. (c) Definition As used in this section, the term covered energy savings contract means— (1) an energy savings performance contract authorized under section 801 of the National Energy Conservation Policy Act; or (2) a utility energy service contract, as described in the Office of Management and Budget Memorandum on Federal Use of Energy Savings Performance Contracting, dated July 25, 1998 (M–98–13), and the Office of Management and Budget Memorandum on the Federal Use of Energy Saving Performance Contracts and Utility Energy Service Contracts, dated September 28, 2015 (M–12–21), or any successor to either memorandum. (d) Enforcement in the House of Representatives In the House of Representatives, if any net present value of any covered energy savings contract calculated under subsection (b) results in a net savings, then the budgetary effects of such contract shall not be counted for purposes of titles III and IV of the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. (e) Classification of spending For purposes of budget enforcement, the estimated net present value of the budget authority provided by the measure, and outlays flowing therefrom, shall be classified as direct spending. (f) Sense of the House of Representatives It is the sense of the House of Representatives that— (1) the Director of the Office of Management and Budget, in consultation with the Director of the Congressional Budget Office, should separately identify the cash flows under subsection (b)(2) and include such information in the President’s annual budget submission under section 1105(a) of title 31, United States Code; and (2) the scoring method used in this section should not be used to score any contracts other than covered energy savings contracts. 5110. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund In the House of Representatives, for purposes of the Congressional Budget Act of 1974, the Balanced Budget and Emergency Deficit Control Act of 1985, and the rules or orders of the House of Representatives, a bill or joint resolution, or an amendment thereto or conference report thereon, that transfers funds from the general fund of the Treasury to the Highway Trust Fund shall be counted as new budget authority and outlays equal to the amount of the transfer in the fiscal year the transfer occurs. 5111. Prohibition on use of Federal Reserve surpluses as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that transfers any portion of the net surplus of the Federal Reserve System to the general fund of the Treasury shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 5112. Prohibition on use of guarantee fees as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that increases, or extends the increase of, any guarantee fees of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 5113. Modification of reconciliation in the House of Representatives (a) In general Section 2002 shall have no force or effect. (b) Reconciliation in the House of Representatives Not later than November 13, 2017, the Committee on Ways and Means of the House of Representatives shall report to the House of Representatives changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027. B Other provisions 5201. Budgetary treatment of administrative expenses (a) In general In the House of Representatives, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974, section 13301 of the Budget Enforcement Act of 1990, and section 2009a of title 39, United States Code, the report or the joint explanatory statement, as applicable, accompanying this concurrent resolution shall include in its allocation to the Committee on Appropriations under section 302(a) of the Congressional Budget Act of 1974 amounts for the discretionary administrative expenses of the Social Security Administration and the United States Postal Service. (b) Special rule In the House of Representatives, for purposes of enforcing section 302(f) of the Congressional Budget Act of 1974, estimates of the levels of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 5202. Application and effect of changes in allocations and aggregates (a) Application In the House of Representatives, any adjustments of the allocations, aggregates, and other budgetary levels made pursuant to this concurrent resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 as the allocations and aggregates contained in this concurrent resolution. (c) Budget Committee determinations For purposes of this concurrent resolution, the budgetary levels for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the chair of the Committee on the Budget of the House of Representatives. (d) Aggregates, allocations and application In the House of Representatives, for purposes of this concurrent resolution and budget enforcement, the consideration of any bill or joint resolution, or amendment thereto or conference report thereon, for which the chair of the Committee on the Budget makes adjustments or revisions in the allocations, aggregates, and other budgetary levels of this concurrent resolution shall not be subject to the points of order set forth in clause 10 of rule XXI of the Rules of the House of Representatives or section 5101 of this concurrent resolution. (e) Other adjustments The chair of the Committee on the Budget of the House of Representatives may adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. 5203. Adjustments to reflect changes in concepts and definitions In the House of Representatives, the chair of the Committee on the Budget may adjust the appropriate aggregates, allocations, and other budgetary levels in this concurrent resolution for any change in budgetary concepts and definitions consistent with section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985. 5204. Adjustment for changes in the baseline In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, reconciliation targets, and other appropriate budgetary levels in this concurrent resolution to reflect changes resulting from the Congressional Budget Office’s update to its baseline for fiscal years 2018 through 2027. 5205. Application of rule regarding limits on discretionary spending Section 314(f) of the Congressional Budget Act of 1974 shall not apply in the House of Representatives to any bill, joint resolution, or amendment that provides new budget authority for a fiscal year or to any conference report on any such bill or resolution if— (1) the enactment of that bill or resolution; (2) the adoption and enactment of that amendment; or (3) the enactment of that bill or resolution in the form recommended in that conference report, would not cause the 302(a) allocation to the Committee on Appropriations for fiscal year 2018 to be exceeded. 5206. Enforcement filing in the House In the House of Representatives, if a concurrent resolution on the budget for fiscal year 2018 is adopted without the appointment of a committee of conference on the disagreeing votes of the two Houses with respect to this concurrent resolution on the budget, for the purpose of enforcing the Congressional Budget Act of 1974 and applicable rules and requirements set forth in the concurrent resolution on the budget, the allocations and list provided for in this section shall apply in the House of Representatives in the same manner as if such allocations and list were in a joint explanatory statement accompanying a conference report on the budget for fiscal year 2018. The chair of the Committee on the Budget of the House of Representatives shall submit a statement for publication in the Congressional Record containing— (1) for the Committee on Appropriations, committee allocations for fiscal year 2018 consistent with title I for the purpose of enforcing section 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); (2) for all committees other than the Committee on Appropriations, committee allocations consistent with title I for fiscal year 2018 and for the period of fiscal years 2018 through 2027 for the purpose of enforcing 302 of the Congressional Budget Act of 1974 ( 2 U.S.C. 633 ); and (3) a list of programs, projects, activities, or accounts identified for advance appropriations for the purpose of enforcing section 5104 of this concurrent resolution. 5207. Exercise of rulemaking powers The House of Representatives adopts the provisions of this title and section 2002— (1) as an exercise of the rulemaking power of the House of Representatives, and as such they shall be considered as part of the rules of the House of Representatives, and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the House of Representatives to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the House of Representatives. C Adjustment authority 5301. Adjustment authority for amendments to statutory caps During the 115th Congress, if a measure becomes law that amends the discretionary spending limits established under section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(c) ), such as a measure increasing the limit for the revised security category for fiscal year 2018 to be $640,000,000,000, the chair of the Committee on the Budget of the House of Representatives may adjust the allocation called for under section 302(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 633(a) ) to the appropriate committee or committees of the House of Representatives, and may adjust all other budgetary aggregates, allocations, levels, and limits contained in this resolution, as necessary, consistent with such measure. D Reserve funds 5401. Reserve fund for investments in national infrastructure In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate levels in this concurrent resolution for any bill or joint resolution, or amendment thereto or conference report thereon, that invests in national infrastructure to the extent that such measure is deficit neutral for the total of fiscal years 2018 through 2027. 5402. Reserve fund for comprehensive tax reform In the House of Representatives, if the Committee on Ways and Means reports a bill or joint resolution that provides for comprehensive tax reform, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any such bill or joint resolution, or amendment thereto or conference report thereon, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 5403. Reserve fund for the State Children’s Health Insurance Program In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, budget aggregates and other appropriate levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that extends the State Children’s Health Insurance Program allotments, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 5404. Reserve fund for the repeal or replacement of President Obama’s health care laws In the House of Representatives, the chair of the Committee on the Budget may revise the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that repeals or replaces any provision of the Patient Protection and Affordable Care Act or title I or subtitle B of title II of the Health Care and Education Reconciliation Act of 2010 by the amount of budget authority and outlays flowing therefrom provided by such measure for such purpose.

Clerk of the House of Representatives. Secretary of the Senate.

tv_txt: III Calendar No. 245 115th CONGRESS 1st Session H. CON. RES. 71 IN THE SENATE OF THE UNITED STATES October 16, 2017 Received and placed on the calendar CONCURRENT RESOLUTION Establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.

1. Concurrent resolution on the budget for fiscal year 2018 (a) Declaration The Congress determines and declares that prior concurrent resolutions on the budget are replaced as of fiscal year 2018 and that this concurrent resolution establishes the budget for fiscal year 2018 and sets forth the appropriate budgetary levels for fiscal years 2019 through 2027. (b) Table of Contents The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2018. Title I—Recommended levels and amounts Sec. 101. Recommended levels and amounts. Sec. 102. Major functional categories. Title II—Reconciliation and Related Matters Sec. 201. Reconciliation in the House of Representatives. Title III—Budget enforcement in the House of Representatives Subtitle A—Budget enforcement Sec. 301. Point of order against increasing long-term direct spending. Sec. 302. Allocation for Overseas Contingency Operations/Global War on Terrorism. Sec. 303. Limitation on changes in certain mandatory programs. Sec. 304. Limitation on advance appropriations. Sec. 305. Estimates of debt service costs. Sec. 306. Fair-value credit estimates. Sec. 307. Estimates of macroeconomic effects of major legislation. Sec. 308. Adjustments for improved control of budgetary resources. Sec. 309. Scoring rule for Energy Savings Performance Contracts. Sec. 310. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund. Sec. 311. Prohibition on use of Federal Reserve surpluses as an offset. Sec. 312. Prohibition on use of guarantee fees as an offset. Subtitle B—Other provisions Sec. 321. Budgetary treatment of administrative expenses. Sec. 322. Application and effect of changes in allocations and aggregates. Sec. 323. Adjustments to reflect changes in concepts and definitions. Sec. 324. Adjustment for changes in the baseline. Sec. 325. Application of rule regarding limits on discretionary spending. Sec. 326. Exercise of rulemaking powers. Title IV—Reserve funds in the House of Representatives Sec. 401. Reserve fund for commercialization of air traffic control. Sec. 402. Reserve fund for investments in national infrastructure. Sec. 403. Reserve fund for comprehensive tax reform. Sec. 404. Reserve fund for the State Children’s Health Insurance Program. Sec. 405. Reserve fund for the repeal or replacement of President Obama’s health care laws. Title V—Policy Statements in the House of Representatives Sec. 501. Policy statement on a balanced budget amendment. Sec. 502. Policy statement on budget process reform. Sec. 503. Policy statement on Federal regulatory budgeting and reform. Sec. 504. Policy statement on unauthorized appropriations. Sec. 505. Policy statement on Federal accounting. Sec. 506. Policy statement on Commission on Budget Concepts. Sec. 507. Policy statement on budget enforcement. Sec. 508. Policy statement on improper payments. Sec. 509. Policy statement on expenditures from agency fees and spending. Sec. 510. Policy statement on promoting real health care reform. Sec. 511. Policy statement on Medicare. Sec. 512. Policy statement on combating the opioid epidemic. Sec. 513. Policy statement on the State Children’s Health Insurance Program. Sec. 514. Policy statement on medical discovery, development, delivery, and innovation. Sec. 515. Policy statement on public health preparedness. Sec. 516. Policy statement on Social Security. Sec. 517. Policy statement on Medicaid work requirements. Sec. 518. Policy statement on welfare reform and Supplemental Nutrition Assistance Program work requirements. Sec. 519. Policy Statement on State flexibility in Supplemental Nutrition Assistance Program. Sec. 520. Policy statement on higher education and workforce development opportunity. Sec. 521. Policy statement on supplemental wildfire suppression funding. Sec. 522. Policy statement on the Department of Veterans Affairs. Sec. 523. Policy statement on moving the United States Postal Service on budget. Sec. 524. Policy statement on the Judgment Fund. Sec. 525. Policy statement on responsible stewardship of taxpayer dollars. Sec. 526. Policy statement on tax reform. I Recommended levels and amounts 101. Recommended levels and amounts The following budgetary levels are appropriate for each of fiscal years 2018 through 2027: (1) Federal revenues For purposes of the enforcement of this concurrent resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2018: $2,670,356,000,000. Fiscal year 2019: $2,767,357,000,000. Fiscal year 2020: $2,870,414,000,000. Fiscal year 2021: $2,963,953,000,000. Fiscal year 2022: $3,077,586,000,000. Fiscal year 2023: $3,195,139,000,000. Fiscal year 2024: $3,325,690,000,000. Fiscal year 2025: $3,475,784,000,000. Fiscal year 2026: $3,642,629,000,000. Fiscal year 2027: $3,811,687,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2018: -$63,213,000,000. Fiscal year 2019: -$66,151,000,000. Fiscal year 2020: -$80,162,000,000. Fiscal year 2021: -$95,958,000,000. Fiscal year 2022: -$105,330,000,000. Fiscal year 2023: -$122,777,000,000. Fiscal year 2024: -$136,738,000,000. Fiscal year 2025: -$146,394,000,000. Fiscal year 2026: -$146,749,000,000. Fiscal year 2027: -$146,700,000,000. (2) New budget authority For purposes of the enforcement of this concurrent resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,232,597,000,000. Fiscal year 2019: $3,286,018,000,000. Fiscal year 2020: $3,299,573,000,000. Fiscal year 2021: $3,290,186,000,000. Fiscal year 2022: $3,441,975,000,000. Fiscal year 2023: $3,483,686,000,000. Fiscal year 2024: $3,528,872,000,000. Fiscal year 2025: $3,655,413,000,000. Fiscal year 2026: $3,746,208,000,000. Fiscal year 2027: $3,824,652,000,000. (3) Budget outlays For purposes of the enforcement of this concurrent resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,164,885,000,000. Fiscal year 2019: $3,265,306,000,000. Fiscal year 2020: $3,283,026,000,000. Fiscal year 2021: $3,323,464,000,000. Fiscal year 2022: $3,441,603,000,000. Fiscal year 2023: $3,467,047,000,000. Fiscal year 2024: $3,497,308,000,000. Fiscal year 2025: $3,620,210,000,000. Fiscal year 2026: $3,727,971,000,000. Fiscal year 2027: $3,806,792,000,000. (4) Deficits (on-budget) For purposes of the enforcement of this concurrent resolution, the amounts of the deficits (on-budget) are as follows: Fiscal year 2018: $494,529,000,000. Fiscal year 2019: $497,949,000,000. Fiscal year 2020: $412,612,000,000. Fiscal year 2021: $359,511,000,000. Fiscal year 2022: $364,017,000,000. Fiscal year 2023: $271,908,000,000. Fiscal year 2024: $171,618,000,000. Fiscal year 2025: $144,426,000,000. Fiscal year 2026: $85,342,000,000. Fiscal year 2027: -$4,895,000,000. (5) Debt subject to limit The appropriate levels of debt subject to limit are as follows: Fiscal year 2018: $21,059,756,000,000. Fiscal year 2019: $21,720,619,000,000. Fiscal year 2020: $22,263,387,000,000. Fiscal year 2021: $22,717,657,000,000. Fiscal year 2022: $23,120,068,000,000. Fiscal year 2023: $23,414,924,000,000. Fiscal year 2024: $23,577,205,000,000. Fiscal year 2025: $23,665,687,000,000. Fiscal year 2026: $23,701,446,000,000. Fiscal year 2027: $23,484,672,000,000. (6) Debt held by the public The appropriate levels of debt held by the public are as follows: Fiscal year 2018: $15,399,966,000,000. Fiscal year 2019: $15,971,804,000,000. Fiscal year 2020: $16,477,150,000,000. Fiscal year 2021: $16,920,847,000,000. Fiscal year 2022: $17,371,706,000,000. Fiscal year 2023: $17,720,326,000,000. Fiscal year 2024: $17,949,306,000,000. Fiscal year 2025: $18,156,356,000,000. Fiscal year 2026: $18,299,466,000,000. Fiscal year 2027: $18,345,826,000,000. 102. Major functional categories The Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2018 through 2027 for each major functional category are: (1) National Defense (050): Fiscal year 2018: (A) New budget authority, $629,595,000,000. (B) Outlays, $607,810,000,000. Fiscal year 2019: (A) New budget authority, $660,832,000,000. (B) Outlays, $636,795,000,000. Fiscal year 2020: (A) New budget authority, $693,646,000,000. (B) Outlays, $666,519,000,000. Fiscal year 2021: (A) New budget authority, $728,125,000,000. (B) Outlays, $698,761,000,000. Fiscal year 2022: (A) New budget authority, $731,818,000,000. (B) Outlays, $717,568,000,000. Fiscal year 2023: (A) New budget authority, $735,468,000,000. (B) Outlays, $720,401,000,000. Fiscal year 2024: (A) New budget authority, $739,157,000,000. (B) Outlays, $720,755,000,000. Fiscal year 2025: (A) New budget authority, $742,886,000,000. (B) Outlays, $729,581,000,000. Fiscal year 2026: (A) New budget authority, $747,414,000,000. (B) Outlays, $734,037,000,000. Fiscal year 2027: (A) New budget authority, $751,098,000,000. (B) Outlays, $737,798,000,000. (2) International Affairs (150): Fiscal year 2018: (A) New budget authority, $41,521,000,000. (B) Outlays, $43,643,000,000. Fiscal year 2019: (A) New budget authority, $40,210,000,000. (B) Outlays, $41,207,000,000. Fiscal year 2020: (A) New budget authority, $39,428,000,000. (B) Outlays, $39,965,000,000. Fiscal year 2021: (A) New budget authority, $38,654,000,000. (B) Outlays, $38,585,000,000. Fiscal year 2022: (A) New budget authority, $37,623,000,000. (B) Outlays, $38,021,000,000. Fiscal year 2023: (A) New budget authority, $38,445,000,000. (B) Outlays, $37,795,000,000. Fiscal year 2024: (A) New budget authority, $39,285,000,000. (B) Outlays, $38,102,000,000. Fiscal year 2025: (A) New budget authority, $40,174,000,000. (B) Outlays, $38,643,000,000. Fiscal year 2026: (A) New budget authority, $41,121,000,000. (B) Outlays, $39,365,000,000. Fiscal year 2027: (A) New budget authority, $42,025,000,000. (B) Outlays, $40,175,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2018: (A) New budget authority, $28,524,000,000. (B) Outlays, $30,072,000,000. Fiscal year 2019: (A) New budget authority, $29,107,000,000. (B) Outlays, $29,365,000,000. Fiscal year 2020: (A) New budget authority, $29,702,000,000. (B) Outlays, $29,360,000,000. Fiscal year 2021: (A) New budget authority, $30,346,000,000. (B) Outlays, $29,718,000,000. Fiscal year 2022: (A) New budget authority, $31,018,000,000. (B) Outlays, $30,259,000,000. Fiscal year 2023: (A) New budget authority, $31,694,000,000. (B) Outlays, $30,797,000,000. Fiscal year 2024: (A) New budget authority, $32,378,000,000. (B) Outlays, $31,325,000,000. Fiscal year 2025: (A) New budget authority, $33,112,000,000. (B) Outlays, $31,928,000,000. Fiscal year 2026: (A) New budget authority, $33,854,000,000. (B) Outlays, $32,550,000,000. Fiscal year 2027: (A) New budget authority, $34,602,000,000. (B) Outlays, $33,162,000,000. (4) Energy (270): Fiscal year 2018: (A) New budget authority, -$3,088,000,000. (B) Outlays, $2,559,000,000. Fiscal year 2019: (A) New budget authority, $1,704,000,000. (B) Outlays, $1,714,000,000. Fiscal year 2020: (A) New budget authority, -$11,179,000,000. (B) Outlays, -$11,813,000,000. Fiscal year 2021: (A) New budget authority, $1,871,000,000. (B) Outlays, $786,000,000. Fiscal year 2022: (A) New budget authority, $1,705,000,000. (B) Outlays, $445,000,000. Fiscal year 2023: (A) New budget authority, $754,000,000. (B) Outlays, -$491,000,000. Fiscal year 2024: (A) New budget authority, $437,000,000. (B) Outlays, -$727,000,000. Fiscal year 2025: (A) New budget authority, -$4,000,000. (B) Outlays, -$1,052,000,000. Fiscal year 2026: (A) New budget authority, $2,233,000,000. (B) Outlays, $1,207,000,000. Fiscal year 2027: (A) New budget authority, $2,324,000,000. (B) Outlays, $1,370,000,000. (5) Natural Resources and Environment (300): Fiscal year 2018: (A) New budget authority, $31,720,000,000. (B) Outlays, $35,641,000,000. Fiscal year 2019: (A) New budget authority, $31,856,000,000. (B) Outlays, $33,751,000,000. Fiscal year 2020: (A) New budget authority, $33,255,000,000. (B) Outlays, $33,581,000,000. Fiscal year 2021: (A) New budget authority, $32,704,000,000. (B) Outlays, $32,652,000,000. Fiscal year 2022: (A) New budget authority, $34,295,000,000. (B) Outlays, $33,909,000,000. Fiscal year 2023: (A) New budget authority, $34,684,000,000. (B) Outlays, $34,186,000,000. Fiscal year 2024: (A) New budget authority, $34,598,000,000. (B) Outlays, $34,081,000,000. Fiscal year 2025: (A) New budget authority, $35,520,000,000. (B) Outlays, $34,921,000,000. Fiscal year 2026: (A) New budget authority, $36,186,000,000. (B) Outlays, $35,526,000,000. Fiscal year 2027: (A) New budget authority, $36,742,000,000. (B) Outlays, $36,078,000,000. (6) Agriculture (350): Fiscal year 2018: (A) New budget authority, $24,223,000,000. (B) Outlays, $22,913,000,000. Fiscal year 2019: (A) New budget authority, $21,091,000,000. (B) Outlays, $20,200,000,000. Fiscal year 2020: (A) New budget authority, $19,786,000,000. (B) Outlays, $19,293,000,000. Fiscal year 2021: (A) New budget authority, $18,217,000,000. (B) Outlays, $17,660,000,000. Fiscal year 2022: (A) New budget authority, $17,835,000,000. (B) Outlays, $17,339,000,000. Fiscal year 2023: (A) New budget authority, $18,153,000,000. (B) Outlays, $17,713,000,000. Fiscal year 2024: (A) New budget authority, $18,880,000,000. (B) Outlays, $18,331,000,000. Fiscal year 2025: (A) New budget authority, $19,863,000,000. (B) Outlays, $19,225,000,000. Fiscal year 2026: (A) New budget authority, $20,214,000,000. (B) Outlays, $19,593,000,000. Fiscal year 2027: (A) New budget authority, $20,422,000,000. (B) Outlays, $19,817,000,000. (7) Commerce and Housing Credit (370): Fiscal year 2018: (A) New budget authority, -$7,287,000,000. (B) Outlays, -$19,601,000,000. Fiscal year 2019: (A) New budget authority, -$7,517,000,000. (B) Outlays, -$15,753,000,000. Fiscal year 2020: (A) New budget authority, -$10,358,000,000. (B) Outlays, -$18,126,000,000. Fiscal year 2021: (A) New budget authority, -$13,446,000,000. (B) Outlays, -$22,106,000,000. Fiscal year 2022: (A) New budget authority, -$12,880,000,000. (B) Outlays, -$22,470,000,000. Fiscal year 2023: (A) New budget authority, -$12,330,000,000. (B) Outlays, -$22,598,000,000. Fiscal year 2024: (A) New budget authority, -$10,989,000,000. (B) Outlays, -$22,362,000,000. Fiscal year 2025: (A) New budget authority, -$10,255,000,000. (B) Outlays, -$22,849,000,000. Fiscal year 2026: (A) New budget authority, -$11,141,000,000. (B) Outlays, -$23,569,000,000. Fiscal year 2027: (A) New budget authority, -$11,933,000,000. (B) Outlays, -$24,521,000,000. (8) Transportation (400): Fiscal year 2018: (A) New budget authority, $88,095,000,000. (B) Outlays, $91,796,000,000. Fiscal year 2019: (A) New budget authority, $88,892,000,000. (B) Outlays, $90,602,000,000. Fiscal year 2020: (A) New budget authority, $82,748,000,000. (B) Outlays, $90,508,000,000. Fiscal year 2021: (A) New budget authority, $37,190,000,000. (B) Outlays, $77,995,000,000. Fiscal year 2022: (A) New budget authority, $66,950,000,000. (B) Outlays, $65,076,000,000. Fiscal year 2023: (A) New budget authority, $66,895,000,000. (B) Outlays, $68,694,000,000. Fiscal year 2024: (A) New budget authority, $67,483,000,000. (B) Outlays, $69,617,000,000. Fiscal year 2025: (A) New budget authority, $68,481,000,000. (B) Outlays, $69,074,000,000. Fiscal year 2026: (A) New budget authority, $69,714,000,000. (B) Outlays, $69,044,000,000. Fiscal year 2027: (A) New budget authority, $70,948,000,000. (B) Outlays, $69,741,000,000. (9) Community and Regional Development (450): Fiscal year 2018: (A) New budget authority, $4,365,000,000. (B) Outlays, $18,626,000,000. Fiscal year 2019: (A) New budget authority, $4,170,000,000. (B) Outlays, $16,983,000,000. Fiscal year 2020: (A) New budget authority, $4,240,000,000. (B) Outlays, $11,842,000,000. Fiscal year 2021: (A) New budget authority, $4,353,000,000. (B) Outlays, $9,558,000,000. Fiscal year 2022: (A) New budget authority, $4,487,000,000. (B) Outlays, $6,386,000,000. Fiscal year 2023: (A) New budget authority, $4,556,000,000. (B) Outlays, $5,090,000,000. Fiscal year 2024: (A) New budget authority, $4,673,000,000. (B) Outlays, $4,745,000,000. Fiscal year 2025: (A) New budget authority, $4,857,000,000. (B) Outlays, $4,767,000,000. Fiscal year 2026: (A) New budget authority, $5,077,000,000. (B) Outlays, $4,805,000,000. Fiscal year 2027: (A) New budget authority, $4,953,000,000. (B) Outlays, $4,809,000,000. (10) Education, Training, Employment, and Social Services (500): Fiscal year 2018: (A) New budget authority, $69,920,000,000. (B) Outlays, $89,295,000,000. Fiscal year 2019: (A) New budget authority, $79,090,000,000. (B) Outlays, $81,404,000,000. Fiscal year 2020: (A) New budget authority, $80,305,000,000. (B) Outlays, $81,129,000,000. Fiscal year 2021: (A) New budget authority, $81,922,000,000. (B) Outlays, $82,479,000,000. Fiscal year 2022: (A) New budget authority, $82,350,000,000. (B) Outlays, $83,539,000,000. Fiscal year 2023: (A) New budget authority, $86,279,000,000. (B) Outlays, $85,843,000,000. Fiscal year 2024: (A) New budget authority, $86,641,000,000. (B) Outlays, $87,897,000,000. Fiscal year 2025: (A) New budget authority, $86,977,000,000. (B) Outlays, $88,522,000,000. Fiscal year 2026: (A) New budget authority, $87,459,000,000. (B) Outlays, $89,186,000,000. Fiscal year 2027: (A) New budget authority, $88,216,000,000. (B) Outlays, $90,080,000,000. (11) Health (550): Fiscal year 2018: (A) New budget authority, $579,328,000,000. (B) Outlays, $551,277,000,000. Fiscal year 2019: (A) New budget authority, $564,387,000,000. (B) Outlays, $570,419,000,000. Fiscal year 2020: (A) New budget authority, $552,405,000,000. (B) Outlays, $541,949,000,000. Fiscal year 2021: (A) New budget authority, $512,289,000,000. (B) Outlays, $518,445,000,000. Fiscal year 2022: (A) New budget authority, $528,560,000,000. (B) Outlays, $533,688,000,000. Fiscal year 2023: (A) New budget authority, $547,998,000,000. (B) Outlays, $549,687,000,000. Fiscal year 2024: (A) New budget authority, $571,335,000,000. (B) Outlays, $569,207,000,000. Fiscal year 2025: (A) New budget authority, $594,923,000,000. (B) Outlays, $591,171,000,000. Fiscal year 2026: (A) New budget authority, $618,119,000,000. (B) Outlays, $613,682,000,000. Fiscal year 2027: (A) New budget authority, $623,810,000,000. (B) Outlays, $626,774,000,000. (12) Medicare (570): Fiscal year 2018: (A) New budget authority, $593,830,000,000. (B) Outlays, $593,567,000,000. Fiscal year 2019: (A) New budget authority, $652,984,000,000. (B) Outlays, $652,740,000,000. Fiscal year 2020: (A) New budget authority, $692,126,000,000. (B) Outlays, $691,917,000,000. Fiscal year 2021: (A) New budget authority, $739,367,000,000. (B) Outlays, $739,161,000,000. Fiscal year 2022: (A) New budget authority, $826,276,000,000. (B) Outlays, $826,057,000,000. Fiscal year 2023: (A) New budget authority, $845,800,000,000. (B) Outlays, $845,593,000,000. Fiscal year 2024: (A) New budget authority, $850,393,000,000. (B) Outlays, $850,177,000,000. Fiscal year 2025: (A) New budget authority, $916,244,000,000. (B) Outlays, $916,009,000,000. Fiscal year 2026: (A) New budget authority, $988,183,000,000. (B) Outlays, $987,942,000,000. Fiscal year 2027: (A) New budget authority, $1,053,671,000,000. (B) Outlays, $1,053,435,000,000. (13) Income Security (600): Fiscal year 2018: (A) New budget authority, $491,789,000,000. (B) Outlays, $477,428,000,000. Fiscal year 2019: (A) New budget authority, $464,425,000,000. (B) Outlays, $454,786,000,000. Fiscal year 2020: (A) New budget authority, $475,015,000,000. (B) Outlays, $464,925,000,000. Fiscal year 2021: (A) New budget authority, $484,414,000,000. (B) Outlays, $475,140,000,000. Fiscal year 2022: (A) New budget authority, $492,453,000,000. (B) Outlays, $489,299,000,000. Fiscal year 2023: (A) New budget authority, $475,767,000,000. (B) Outlays, $468,217,000,000. Fiscal year 2024: (A) New budget authority, $484,425,000,000. (B) Outlays, $471,370,000,000. Fiscal year 2025: (A) New budget authority, $493,048,000,000. (B) Outlays, $480,920,000,000. Fiscal year 2026: (A) New budget authority, $502,057,000,000. (B) Outlays, $496,505,000,000. Fiscal year 2027: (A) New budget authority, $511,675,000,000. (B) Outlays, $505,382,000,000. (14) Social Security (650): Fiscal year 2018: (A) New budget authority, $39,475,000,000. (B) Outlays, $39,475,000,000. Fiscal year 2019: (A) New budget authority, $43,016,000,000. (B) Outlays, $43,016,000,000. Fiscal year 2020: (A) New budget authority, $46,287,000,000. (B) Outlays, $46,287,000,000. Fiscal year 2021: (A) New budget authority, $49,748,000,000. (B) Outlays, $49,748,000,000. Fiscal year 2022: (A) New budget authority, $53,392,000,000. (B) Outlays, $53,392,000,000. Fiscal year 2023: (A) New budget authority, $57,378,000,000. (B) Outlays, $57,378,000,000. Fiscal year 2024: (A) New budget authority, $61,764,000,000. (B) Outlays, $61,764,000,000. Fiscal year 2025: (A) New budget authority, $66,388,000,000. (B) Outlays, $66,388,000,000. Fiscal year 2026: (A) New budget authority, $70,871,000,000. (B) Outlays, $70,871,000,000. Fiscal year 2027: (A) New budget authority, $75,473,000,000. (B) Outlays, $75,473,000,000. (15) Veterans Benefits and Services (700): Fiscal year 2018: (A) New budget authority, $176,704,000,000. (B) Outlays, $178,038,000,000. Fiscal year 2019: (A) New budget authority, $191,507,000,000. (B) Outlays, $190,235,000,000. Fiscal year 2020: (A) New budget authority, $194,930,000,000. (B) Outlays, $193,931,000,000. Fiscal year 2021: (A) New budget authority, $199,751,000,000. (B) Outlays, $197,856,000,000. Fiscal year 2022: (A) New budget authority, $215,442,000,000. (B) Outlays, $213,337,000,000. Fiscal year 2023: (A) New budget authority, $212,567,000,000. (B) Outlays, $210,444,000,000. Fiscal year 2024: (A) New budget authority, $209,943,000,000. (B) Outlays, $207,908,000,000. Fiscal year 2025: (A) New budget authority, $227,991,000,000. (B) Outlays, $225,820,000,000. Fiscal year 2026: (A) New budget authority, $234,947,000,000. (B) Outlays, $232,660,000,000. Fiscal year 2027: (A) New budget authority, $243,718,000,000. (B) Outlays, $241,501,000,000. (16) Administration of Justice (750): Fiscal year 2018: (A) New budget authority, $51,367,000,000. (B) Outlays, $61,079,000,000. Fiscal year 2019: (A) New budget authority, $58,245,000,000. (B) Outlays, $58,867,000,000. Fiscal year 2020: (A) New budget authority, $59,720,000,000. (B) Outlays, $60,036,000,000. Fiscal year 2021: (A) New budget authority, $61,054,000,000. (B) Outlays, $60,946,000,000. Fiscal year 2022: (A) New budget authority, $62,092,000,000. (B) Outlays, $61,925,000,000. Fiscal year 2023: (A) New budget authority, $63,671,000,000. (B) Outlays, $63,462,000,000. Fiscal year 2024: (A) New budget authority, $65,285,000,000. (B) Outlays, $65,043,000,000. Fiscal year 2025: (A) New budget authority, $66,947,000,000. (B) Outlays, $66,498,000,000. Fiscal year 2026: (A) New budget authority, $69,907,000,000. (B) Outlays, $70,200,000,000. Fiscal year 2027: (A) New budget authority, $70,270,000,000. (B) Outlays, $69,722,000,000. (17) General Government (800): Fiscal year 2018: (A) New budget authority, $23,564,000,000. (B) Outlays, $23,091,000,000. Fiscal year 2019: (A) New budget authority, $23,948,000,000. (B) Outlays, $23,314,000,000. Fiscal year 2020: (A) New budget authority, $23,557,000,000. (B) Outlays, $23,303,000,000. Fiscal year 2021: (A) New budget authority, $23,386,000,000. (B) Outlays, $23,190,000,000. Fiscal year 2022: (A) New budget authority, $23,127,000,000. (B) Outlays, $23,013,000,000. Fiscal year 2023: (A) New budget authority, $26,420,000,000. (B) Outlays, $26,057,000,000. Fiscal year 2024: (A) New budget authority, $26,351,000,000. (B) Outlays, $26,168,000,000. Fiscal year 2025: (A) New budget authority, $26,246,000,000. (B) Outlays, $26,060,000,000. Fiscal year 2026: (A) New budget authority, $26,083,000,000. (B) Outlays, $25,917,000,000. Fiscal year 2027: (A) New budget authority, $25,855,000,000. (B) Outlays, $25,722,000,000. (18) Net Interest (900): Fiscal year 2018: (A) New budget authority, $376,842,000,000. (B) Outlays, $376,842,000,000. Fiscal year 2019: (A) New budget authority, $409,185,000,000. (B) Outlays, $409,185,000,000. Fiscal year 2020: (A) New budget authority, $450,859,000,000. (B) Outlays, $450,859,000,000. Fiscal year 2021: (A) New budget authority, $493,778,000,000. (B) Outlays, $493,778,000,000. Fiscal year 2022: (A) New budget authority, $531,929,000,000. (B) Outlays, $531,929,000,000. Fiscal year 2023: (A) New budget authority, $565,282,000,000. (B) Outlays, $565,282,000,000. Fiscal year 2024: (A) New budget authority, $589,292,000,000. (B) Outlays, $589,292,000,000. Fiscal year 2025: (A) New budget authority, $607,012,000,000. (B) Outlays, $607,012,000,000. Fiscal year 2026: (A) New budget authority, $620,536,000,000. (B) Outlays, $620,536,000,000. Fiscal year 2027: (A) New budget authority, $623,786,000,000. (B) Outlays, $623,911,000,000. (19) Allowances (920): Fiscal year 2018: (A) New budget authority, -$44,505,000,000. (B) Outlays, -$23,272,000,000. Fiscal year 2019: (A) New budget authority, -$42,219,000,000. (B) Outlays, -$34,499,000,000. Fiscal year 2020: (A) New budget authority, -$45,246,000,000. (B) Outlays, -$40,640,000,000. Fiscal year 2021: (A) New budget authority, -$48,056,000,000. (B) Outlays, -$44,164,000,000. Fiscal year 2022: (A) New budget authority, -$50,544,000,000. (B) Outlays, -$47,877,000,000. Fiscal year 2023: (A) New budget authority, -$52,326,000,000. (B) Outlays, -$49,819,000,000. Fiscal year 2024: (A) New budget authority, -$53,659,000,000. (B) Outlays, -$51,411,000,000. Fiscal year 2025: (A) New budget authority, -$55,439,000,000. (B) Outlays, -$53,060,000,000. Fiscal year 2026: (A) New budget authority, -$51,908,000,000. (B) Outlays, -$52,127,000,000. Fiscal year 2027: (A) New budget authority, -$55,254,000,000. (B) Outlays, -$53,919,000,000. (20) Government-wide savings and adjustments (930): Fiscal year 2018: (A) New budget authority, $34,145,000,000. (B) Outlays, $2,778,000,000. Fiscal year 2019: (A) New budget authority, -$1,555,000,000. (B) Outlays, -$2,528,000,000. Fiscal year 2020: (A) New budget authority, -$67,381,000,000. (B) Outlays, -$47,665,000,000. Fiscal year 2021: (A) New budget authority, -$120,155,000,000. (B) Outlays, -$97,069,000,000. Fiscal year 2022: (A) New budget authority, -$153,376,000,000. (B) Outlays, -$137,459,000,000. Fiscal year 2023: (A) New budget authority, -$174,438,000,000. (B) Outlays, -$159,489,000,000. Fiscal year 2024: (A) New budget authority, -$194,373,000,000. (B) Outlays, -$179,541,000,000. Fiscal year 2025: (A) New budget authority, -$193,336,000,000. (B) Outlays, -$187,355,000,000. Fiscal year 2026: (A) New budget authority, -$246,573,000,000. (B) Outlays, -$223,016,000,000. Fiscal year 2027: (A) New budget authority, -$258,801,000,000. (B) Outlays, -$240,977,000,000. (21) Undistributed Offsetting Receipts (950): Fiscal year 2018: (A) New budget authority, -$83,212,000,000. (B) Outlays, -$83,212,000,000. Fiscal year 2019: (A) New budget authority, -$86,409,000,000. (B) Outlays, -$86,409,000,000. Fiscal year 2020: (A) New budget authority, -$86,316,000,000. (B) Outlays, -$86,316,000,000. Fiscal year 2021: (A) New budget authority, -$90,347,000,000. (B) Outlays, -$90,347,000,000. Fiscal year 2022: (A) New budget authority, -$93,573,000,000. (B) Outlays, -$93,573,000,000. Fiscal year 2023: (A) New budget authority, -$100,001,000,000. (B) Outlays, -$100,001,000,000. Fiscal year 2024: (A) New budget authority, -$105,371,000,000. (B) Outlays, -$105,371,000,000. Fiscal year 2025: (A) New budget authority, -$115,139,000,000. (B) Outlays, -$115,139,000,000. Fiscal year 2026: (A) New budget authority, -$117,033,000,000. (B) Outlays, -$117,033,000,000. Fiscal year 2027: (A) New budget authority, -$127,808,000,000. (B) Outlays, -$127,808,000,000. (22) Overseas Contingency Operations/Global War on Terrorism (970): Fiscal year 2018: (A) New budget authority, $86,591,000,000. (B) Outlays, $45,781,000,000. Fiscal year 2019: (A) New budget authority, $60,000,000,000. (B) Outlays, $50,748,000,000. Fiscal year 2020: (A) New budget authority, $43,000,000,000. (B) Outlays, $43,076,000,000. Fiscal year 2021: (A) New budget authority, $26,000,000,000. (B) Outlays, $31,635,000,000. Fiscal year 2022: (A) New budget authority, $12,000,000,000. (B) Outlays, $18,768,000,000. Fiscal year 2023: (A) New budget authority, $12,000,000,000. (B) Outlays, $13,799,000,000. Fiscal year 2024: (A) New budget authority, $12,000,000,000. (B) Outlays, $11,957,000,000. Fiscal year 2025: (A) New budget authority, $0. (B) Outlays, $4,171,000,000. Fiscal year 2026: (A) New budget authority, $0. (B) Outlays, $1,160,000,000. Fiscal year 2027: (A) New budget authority, $0. (B) Outlays, $165,000,000. (23) Across-the-Board Adjustment (990): Fiscal year 2018: (A) New budget authority, -$909,000,000. (B) Outlays, -$740,000,000. Fiscal year 2019: (A) New budget authority, -$931,000,000. (B) Outlays, -$837,000,000. Fiscal year 2020: (A) New budget authority, -$956,000,000. (B) Outlays, -$895,000,000. Fiscal year 2021: (A) New budget authority, -$979,000,000. (B) Outlays, -$944,000,000. Fiscal year 2022: (A) New budget authority, -$1,004,000,000. (B) Outlays, -$968,000,000. Fiscal year 2023: (A) New budget authority, -$1,030,000,000. (B) Outlays, -$993,000,000. Fiscal year 2024: (A) New budget authority, -$1,056,000,000. (B) Outlays, -$1,018,000,000. Fiscal year 2025: (A) New budget authority, -$1,083,000,000. (B) Outlays, -$1,045,000,000. Fiscal year 2026: (A) New budget authority, -$1,112,000,000. (B) Outlays, -$1,070,000,000. Fiscal year 2027: (A) New budget authority, -$1,140,000,000. (B) Outlays, -$1,099,000,000. II Reconciliation and Related Matters 201. Reconciliation in the House of Representatives (a) Submissions providing for reconciliation Not later than October 6, 2017, the committees named in subsection (b) shall submit their recommendations on changes in laws within their jurisdictions to the Committee on the Budget that would achieve the specified reduction in the deficit for the period of fiscal years 2018 through 2027. (b) Instructions (1) Committee on Agriculture The Committee on Agriculture shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $10,000,000,000 for the period of fiscal years 2018 through 2027. (2) Committee on Armed Services The Committee on Armed Services shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $1,000,000,000 for the period of fiscal years 2018 through 2027. (3) Committee on Education and the Workforce The Committee on Education and the Workforce shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $20,000,000,000 for the period of fiscal years 2018 through 2027. (4) Committee on Energy and Commerce The Committee on Energy and Commerce shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $20,000,000,000 for the period of fiscal years 2018 through 2027. (5) Committee on Financial Services The Committee on Financial Services shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $14,000,000,000 for the period of fiscal years 2018 through 2027. (6) Committee on Homeland Security The Committee on Homeland Security shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $3,000,000,000 for the period of fiscal years 2018 through 2027. (7) Committee on the Judiciary The Committee on the Judiciary shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $45,000,000,000 for the period of fiscal years 2018 through 2027. (8) Committee on Natural Resources The Committee on Natural Resources shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $5,000,000,000 for the period of fiscal years 2018 through 2027. (9) Committee on Oversight and Government Reform The Committee on Oversight and Government Reform shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $32,000,000,000 for the period of fiscal years 2018 through 2027. (10) Committee on Veterans’ Affairs The Committee on Veterans’ Affairs shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $1,000,000,000 for the period of fiscal years 2018 through 2027. (11) Committee on Ways and Means The Committee on Ways and Means shall submit changes in laws within its jurisdiction sufficient to reduce the deficit by $52,000,000,000 for the period of fiscal years 2018 through 2027. III Budget enforcement in the House of Representatives A Budget enforcement 301. Point of order against increasing long-term direct spending (a) Point of order It shall not be in order in the House of Representatives to consider any bill or joint resolution, or amendment thereto or conference report thereon, that would cause a net increase in direct spending in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods described in subsection (b). (b) Congressional Budget Office analysis of proposals The Director of the Congressional Budget Office shall, to the extent practicable, prepare an estimate of whether a bill or joint resolution reported by a committee (other than the Committee on Appropriations), or amendment thereto or conference report thereon, would cause, relative to current law, a net increase in direct spending in the House of Representatives, in excess of $2,500,000,000 in any of the 4 consecutive 10-fiscal year periods beginning after the last fiscal year of this concurrent resolution. (c) Limitation In the House of Representatives, the provisions of this section shall not apply to any bills or joint resolutions, or amendments thereto or conference reports thereon, for which the chair of the Committee on the Budget has made adjustments to the allocations, aggregates, or other budgetary levels in this concurrent resolution. (d) Determinations of budget levels For purposes of this section, the levels of net increases in direct spending shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. (e) Sunset This section shall have no force or effect after September 30, 2018. 302. Allocation for Overseas Contingency Operations/Global War on Terrorism (a) Separate allocation for Overseas Contingency Operations/Global War on Terrorism In the House of Representatives, there shall be a separate allocation of new budget authority and outlays provided to the Committee on Appropriations for the purposes of Overseas Contingency Operations/Global War on Terrorism, which shall be deemed to be an allocation under section 302(a) of the Congressional Budget Act of 1974. Section 302(a)(3) of such Act shall not apply to such separate allocation. (b) Section 302 allocations The separate allocation referred to in subsection (a) shall be the exclusive allocation for Overseas Contingency Operations/Global War on Terrorism under section 302(b) of the Congressional Budget Act of 1974. The Committee on Appropriations of the House of Representatives may provide suballocations of such separate allocation under such section 302(b). (c) Application For purposes of enforcing the separate allocation referred to in subsection (a) under section 302(f) of the Congressional Budget Act of 1974, the first fiscal year and the total of fiscal years shall be deemed to refer to fiscal year 2018. Section 302(c) of such Act shall not apply to such separate allocation. (d) Designations New budget authority or outlays shall only be counted toward the allocation referred to in subsection (a) if designated pursuant to section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. (e) Adjustments For purposes of subsection (a) for fiscal year 2018, no adjustment shall be made under section 314(a) of the Congressional Budget Act of 1974 if any adjustment would be made under section 251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit Control Act of 1985. 303. Limitation on changes in certain mandatory programs (a) Definition In this section, the term change in mandatory programs means a provision that— (1) would have been estimated as affecting direct spending or receipts under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 (as in effect prior to September 30, 2002) if the provision were included in legislation other than appropriation Acts; and (2) results in a net decrease in budget authority in the budget year, but does not result in a net decrease in outlays over the total of the current year, the budget year, and all fiscal years covered under the most recently agreed to concurrent resolution on the budget. (b) Point of order in the House of Representatives (1) In general A provision in a bill or joint resolution making appropriations for a full fiscal year that proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3), shall not be in order in the House of Representatives. (2) Amendments and conference reports It shall not be in order in the House of Representatives to consider an amendment to, or a conference report on, a bill or joint resolution making appropriations for a full fiscal year if such amendment thereto or conference report thereon proposes a change in mandatory programs that, if enacted, would cause the absolute value of the total budget authority of all such changes in mandatory programs enacted in relation to a full fiscal year to be more than the amount specified in paragraph (3). (3) Amount The amount specified in this paragraph is— (A) for fiscal year 2018, $19,100,000,000; (B) for fiscal year 2019, $17,000,000,000; and (C) for fiscal year 2020, $15,000,000,000. (c) Determination For purposes of this section, budgetary levels shall be determined on the basis of estimates provided by the chair of the Committee on the Budget of the House of Representatives. 304. Limitation on advance appropriations (a) In general In the House of Representatives, except as provided for in subsection (b), any general appropriation bill or bill or joint resolution continuing appropriations, or amendment thereto or conference report thereon, may not provide advance appropriations. (b) Exceptions An advance appropriation may be provided for programs, projects, activities, or accounts identified in the report or the joint explanatory statement of managers, as applicable, accompanying this concurrent resolution under the heading— (1) General Accounts Identified for Advance Appropriations . (2) Veterans Veterans Accounts Identified for Advance Appropriations . (c) Limitations The aggregate level of advance appropriations shall not exceed— (1) General $28,852,000,000 in new budget authority for all programs identified pursuant to subsection (b)(1). (2) Veterans $70,699,313,000 in new budget authority for programs in the Department of Veterans Affairs identified pursuant to subsection (b)(2). (d) Definition The term advance appropriation means any new discretionary budget authority provided in a general appropriation bill or joint resolution continuing appropriations for fiscal year 2018, or any amendment thereto or conference report thereon, that first becomes available for the first fiscal year following fiscal year 2018. 305. Estimates of debt service costs In the House of Representatives, the chair of the Committee on the Budget may direct the Congressional Budget Office to include, in any estimate prepared under section 402 of the Congressional Budget Act of 1974 with respect to any bill or joint resolution, an estimate of any change in debt service costs resulting from carrying out such bill or resolution. Any estimate of debt service costs provided under this section shall be advisory and shall not be used for purposes of enforcement of such Act, the Rules of the House of Representatives, or this concurrent resolution. This section shall not apply to authorizations of programs funded by discretionary spending or to appropriation bills or joint resolutions, but shall apply to changes in the authorization level of appropriated entitlements. 306. Fair-value credit estimates (a) All credit programs Whenever the Director of the Congressional Budget Office provides an estimate of any measure that establishes or modifies any program providing loans or loan guarantees, the Director shall also, to the extent practicable, provide a fair-value estimate of such loan or loan guarantee program if requested by the chair of the Committee on the Budget of the House of Representatives. (b) Student financial assistance and housing programs The Director of the Congressional Budget Office shall provide, to the extent practicable, a fair-value estimate as part of any estimate for any measure that establishes or modifies a loan or loan guarantee program for student financial assistance or housing (including residential mortgage). (c) Baseline estimates The Congressional Budget Office shall include estimates, on a fair-value and credit reform basis, of loan and loan guarantee programs for student financial assistance, housing (including residential mortgage), and such other major loan and loan guarantee programs, as practicable, in its The Budget and Economic Outlook: 2018 to 2027. (d) Enforcement in the House of Representatives If the Director of the Congressional Budget Office provides an estimate pursuant to subsection (a) or (b), the chair of the Committee on the Budget of the House of Representatives may use such estimate to determine compliance with the Congressional Budget Act of 1974 and other budget enforcement requirements. 307. Estimates of macroeconomic effects of major legislation (a) CBO and JCT estimates During the 115th Congress, any estimate of major legislation considered in the House of Representatives or the Senate provided by the Congressional Budget Office under section 402 of the Congressional Budget Act of 1974 or by the Joint Committee on Taxation to the Congressional Budget Office under section 201(f) of such Act shall, to the extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such major legislation. (b) Contents Any estimate referred to in subsection (a) shall, to the extent practicable, include— (1) a qualitative assessment of the budgetary effects (including macroeconomic variables described in subsection (a)) of major legislation in the 20-fiscal year period beginning after the last fiscal year of the most recently agreed to concurrent resolution on the budget that sets forth budgetary levels required under section 301 of the Congressional Budget Act of 1974; and (2) an identification of the critical assumptions and the source of data underlying that estimate. (c) Definitions In this section: (1) Major legislation The term major legislation means— (A) in the Senate, a bill, joint resolution, conference report, amendment, amendment between the Houses, or treaty— (i) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than— (I) 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (II) for a treaty, equal to or greater than $15,000,000,000 for that fiscal year; or (ii) designated as such by— (I) the chair of the Committee on the Budget of the Senate for all direct spending legislation; or (II) the Senator who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation; and (B) in the House of Representatives, a bill or joint resolution, or amendment thereto or conference report thereon— (i) for which an estimate is required to be prepared pursuant to section 402 of the Congressional Budget Act of 1974 ( 2 U.S.C. 653 ) and that causes a gross budgetary effect (before incorporating macroeconomic effects and not including timing shifts) in a fiscal year in the period of years of the most recently agreed to concurrent resolution on the budget equal to or greater than 0.25 percent of the current projected gross domestic product of the United States for that fiscal year; or (ii) designated as such by— (I) the chair of the Committee on the Budget of the House of Representatives for all direct spending legislation; or (II) the Member who is Chairman or Vice Chairman of the Joint Committee on Taxation for revenue legislation. (2) Budgetary effects The term budgetary effects means changes in revenues, direct spending outlays, and deficits. (3) Timing shifts The term timing shifts means— (A) provisions that cause a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year; or (B) provisions that cause an acceleration of the date on which revenues would otherwise occur from one fiscal year to the prior fiscal year. 308. Adjustments for improved control of budgetary resources (a) Adjustments of discretionary and direct spending levels In the House of Representatives, if a committee (other than the Committee on Appropriations) reports a bill or joint resolution, or an amendment thereto is offered or conference report thereon is submitted, providing for a decrease in direct spending (budget authority and outlays flowing therefrom) for any fiscal year and also provides for an authorization of appropriations for the same purpose, upon the enactment of such measure, the chair of the Committee on the Budget may decrease the allocation to the applicable authorizing committee that reports such measure and increase the allocation of discretionary spending (budget authority and outlays flowing therefrom) to the Committee on Appropriations for fiscal year 2018 by an amount equal to the new budget authority (and outlays flowing therefrom) provided for in a bill or joint resolution making appropriations for the same purpose. (b) Determinations In the House of Representatives, for purposes of enforcing this concurrent resolution, the allocations and aggregate levels of new budget authority, outlays, direct spending, revenues, deficits, and surpluses for fiscal year 2018 and the total of fiscal years 2018 through 2027 shall be determined on the basis of estimates made by the chair of the Committee on the Budget and such chair may adjust the applicable levels in this concurrent resolution. 309. Scoring rule for Energy Savings Performance Contracts (a) In general The Director of the Congressional Budget Office shall estimate provisions of any bill or joint resolution, or amendment thereto or conference report thereon, that provides the authority to enter into or modify any covered energy savings contract on a net present value basis (NPV). (b) NPV calculations The net present value of any covered energy savings contract shall be calculated as follows: (1) The discount rate shall reflect market risk. (2) The cash flows shall include, whether classified as mandatory or discretionary, payments to contractors under the terms of their contracts, payments to contractors for other services, and direct savings in energy and energy-related costs. (3) The stream of payments shall cover the period covered by the contracts but not to exceed 25 years. (c) Definition As used in this section, the term covered energy savings contract means— (1) an energy savings performance contract authorized under section 801 of the National Energy Conservation Policy Act; or (2) a utility energy service contract, as described in the Office of Management and Budget Memorandum on Federal Use of Energy Savings Performance Contracting, dated July 25, 1998 (M–98–13), and the Office of Management and Budget Memorandum on the Federal Use of Energy Saving Performance Contracts and Utility Energy Service Contracts, dated September 28, 2015 (M–12–21), or any successor to either memorandum. (d) Enforcement in the House of Representatives In the House of Representatives, if any net present value of any covered energy savings contract calculated under subsection (b) results in a net savings, then the budgetary effects of such contract shall not be counted for purposes of titles III and IV of the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. (e) Classification of spending For purposes of budget enforcement, the estimated net present value of the budget authority provided by the measure, and outlays flowing therefrom, shall be classified as direct spending. (f) Sense of the House of Representatives It is the sense of the House of Representatives that— (1) the Director of the Office of Management and Budget, in consultation with the Director of the Congressional Budget Office, should separately identify the cash flows under subsection (b)(2) and include such information in the President’s annual budget submission under section 1105(a) of title 31, United States Code; and (2) the scoring method used in this section should not be used to score any contracts other than covered energy savings contracts. 310. Limitation on transfers from the general fund of the Treasury to the Highway Trust Fund In the House of Representatives, for purposes of the Congressional Budget Act of 1974, the Balanced Budget and Emergency Deficit Control Act of 1985, and the rules or orders of the House of Representatives, a bill or joint resolution, or an amendment thereto or conference report thereon, that transfers funds from the general fund of the Treasury to the Highway Trust Fund shall be counted as new budget authority and outlays equal to the amount of the transfer in the fiscal year the transfer occurs. 311. Prohibition on use of Federal Reserve surpluses as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that transfers any portion of the net surplus of the Federal Reserve System to the general fund of the Treasury shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. 312. Prohibition on use of guarantee fees as an offset In the House of Representatives, any provision of a bill or joint resolution, or amendment thereto or conference report thereon, that increases, or extends the increase of, any guarantee fees of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) shall not be counted for purposes of enforcing the Congressional Budget Act of 1974, this concurrent resolution, or clause 10 of rule XXI of the Rules of the House of Representatives. B Other provisions 321. Budgetary treatment of administrative expenses (a) In general In the House of Representatives, notwithstanding section 302(a)(1) of the Congressional Budget Act of 1974, section 13301 of the Budget Enforcement Act of 1990, and section 2009a of title 39, United States Code, the report or the joint explanatory statement, as applicable, accompanying this concurrent resolution shall include in its allocation to the Committee on Appropriations under section 302(a) of the Congressional Budget Act of 1974 amounts for the discretionary administrative expenses of the Social Security Administration and the United States Postal Service. (b) Special rule In the House of Representatives, for purposes of enforcing section 302(f) of the Congressional Budget Act of 1974, estimates of the levels of total new budget authority and total outlays provided by a measure shall include any discretionary amounts described in subsection (a). 322. Application and effect of changes in allocations and aggregates (a) Application In the House of Representatives, any adjustments of the allocations, aggregates, and other budgetary levels made pursuant to this concurrent resolution shall— (1) apply while that measure is under consideration; (2) take effect upon the enactment of that measure; and (3) be published in the Congressional Record as soon as practicable. (b) Effect of changed allocations and aggregates Revised allocations and aggregates resulting from these adjustments shall be considered for the purposes of the Congressional Budget Act of 1974 as the allocations and aggregates contained in this concurrent resolution. (c) Budget Committee determinations For purposes of this concurrent resolution, the budgetary levels for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the chair of the Committee on the Budget of the House of Representatives. (d) Aggregates, allocations and application In the House of Representatives, for purposes of this concurrent resolution and budget enforcement, the consideration of any bill or joint resolution, or amendment thereto or conference report thereon, for which the chair of the Committee on the Budget makes adjustments or revisions in the allocations, aggregates, and other budgetary levels of this concurrent resolution shall not be subject to the points of order set forth in clause 10 of rule XXI of the Rules of the House of Representatives or section 301 of this concurrent resolution. (e) Other adjustments The chair of the Committee on the Budget of the House of Representatives may adjust other appropriate levels in this concurrent resolution depending on congressional action on pending reconciliation legislation. 323. Adjustments to reflect changes in concepts and definitions In the House of Representatives, the chair of the Committee on the Budget may adjust the appropriate aggregates, allocations, and other budgetary levels in this concurrent resolution for any change in budgetary concepts and definitions consistent with section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985. 324. Adjustment for changes in the baseline In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, reconciliation targets, and other appropriate budgetary levels in this concurrent resolution to reflect changes resulting from the Congressional Budget Office’s update to its baseline for fiscal years 2018 through 2027. 325. Application of rule regarding limits on discretionary spending Section 314(f) of the Congressional Budget Act of 1974 shall not apply in the House of Representatives to any bill, joint resolution, or amendment that provides new budget authority for a fiscal year or to any conference report on any such bill or resolution if— (1) the enactment of that bill or resolution; (2) the adoption and enactment of that amendment; or (3) the enactment of that bill or resolution in the form recommended in that conference report, would not cause the 302(a) allocation to the Committee on Appropriations for fiscal year 2018 to be exceeded. 326. Exercise of rulemaking powers The House of Representatives adopts the provisions of this title and title II— (1) as an exercise of the rulemaking power of the House of Representatives, and as such they shall be considered as part of the rules of the House of Representatives, and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules; and (2) with full recognition of the constitutional right of the House of Representatives to change those rules at any time, in the same manner, and to the same extent as is the case of any other rule of the House of Representatives. IV Reserve funds in the House of Representatives 401. Reserve fund for commercialization of air traffic control (a) In general In the House of Representatives, the chair of the Committee on the Budget may adjust, at a time the chair deems appropriate, the section 302(a) allocation to the Committee on Transportation and Infrastructure and other applicable committees of the House of Representatives, aggregates, and other appropriate levels established in this concurrent resolution for a bill or joint resolution, or amendment thereto or conference report thereon, that commercializes the operations of the air traffic control system if such measure reduces the discretionary spending limits in section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 by the amount that would otherwise be appropriated to the Federal Aviation Administration for air traffic control. Adjustments to the section 302(a) allocation to the Committee on Appropriations, consistent with the adjustments to the discretionary spending limits under such section 251(c), shall only be made upon enactment of such measure. (b) Definition For purposes of this section, a measure that commercializes the operations of the air traffic control system shall be a measure that establishes a Federally-chartered, not-for-profit corporation that— (1) is authorized to provide air traffic control services within the United States airspace; (2) sets user fees to finance its operations; (3) may borrow from private capital markets to finance improvements; (4) is governed by a board of directors composed of a CEO and directors whose fiduciary duty is to the entity; and (5) becomes the employer of those employees directly connected to providing air traffic control services and who the Secretary transfers from the Federal Government. 402. Reserve fund for investments in national infrastructure In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate levels in this concurrent resolution for any bill or joint resolution, or amendment thereto or conference report thereon, that invests in national infrastructure to the extent that such measure is deficit neutral for the total of fiscal years 2018 through 2027. 403. Reserve fund for comprehensive tax reform In the House of Representatives, if the Committee on Ways and Means reports a bill or joint resolution that provides for comprehensive tax reform, the chair of the Committee on the Budget may adjust the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any such bill or joint resolution, or amendment thereto or conference report thereon, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 404. Reserve fund for the State Children’s Health Insurance Program In the House of Representatives, the chair of the Committee on the Budget may adjust the allocations, budget aggregates and other appropriate levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that extends the State Children’s Health Insurance Program allotments, if such measure would not increase the deficit for the total of fiscal years 2018 through 2027. 405. Reserve fund for the repeal or replacement of President Obama’s health care laws In the House of Representatives, the chair of the Committee on the Budget may revise the allocations, aggregates, and other appropriate budgetary levels in this concurrent resolution for the budgetary effects of any bill or joint resolution, or amendment thereto or conference report thereon, that repeals or replaces any provision of the Patient Protection and Affordable Care Act or title I or subtitle B of title II of the Health Care and Education Reconciliation Act of 2010 by the amount of budget authority and outlays flowing therefrom provided by such measure for such purpose. V Policy Statements in the House of Representatives 501. Policy statement on a balanced budget amendment (a) Findings The House finds the following: (1) In fiscal year 2017, the Federal Government will collect approximately $3.3 trillion in taxes, but spend more than $4.0 trillion to maintain its operations, borrowing 15 cents of every Federal dollar spent. (2) At the end of fiscal year 2016, the national debt of the United States was more than $19.5 trillion. (3) A majority of States have petitioned the Federal Government to hold a constitutional convention to adopt a balanced budget amendment to the Constitution. (4) As of the spring of 2016, 46 States have requirements to annually balance their respective budgets. (5) Numerous balanced budget amendment proposals have been introduced on a bipartisan basis in the House. Currently in the 115th Congress, 8 joint resolutions proposing a balanced budget amendment have been introduced. (6) In the 111th Congress, the House considered H. J. Res. 2, sponsored by Representative Robert W. Goodlatte of Virginia. Although it received 262 aye votes, it did not receive the two-thirds required for passage. (7) In 1995, a balanced budget amendment to the Constitution passed the House with bipartisan support, but failed to pass by one vote in the United States Senate. (8) Five States, Georgia, Alaska, Mississippi, North Dakota, and Arizona, have agreed to the Compact for a Balanced Budget, which seeks to amend the Constitution to require a balanced budget through an Article V convention by April 12, 2021. (b) Policy on a balanced budget constitutional amendment It is the policy of this concurrent resolution that the House should propose a balanced budget constitutional amendment for ratification by the States. 502. Policy statement on budget process reform It is the policy of this concurrent resolution that the House should enact legislation that reforms the congressional budget process to— (1) reassert congressional control over the budget process by reorienting the Views and Estimates that committees submit to the Committee on the Budget, as required under 301(d) of the Congressional Budget Act of 1974, to emphasize congressional rather than executive branch priorities; (2) strengthen enforcement of budgetary rules and requirements by— (A) enabling Members of the House of Representatives to enforce budget requirements in a manner that does not jeopardize the ability of the majority to work its will on legislation; and (B) permitting members of Congress to determine whether emergency-designated appropriations are for unanticipated situations that pose a threat to life, property, or national security; (3) increase control over the costs of Federal activities by— (A) incorporating debt service costs into cost estimates prepared by the Congressional Budget Office; (B) establishing a process for setting limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; (C) transitioning to fair-value accounting; (D) budgeting for Federal insurance programs on an accrual basis; and (E) developing and implementing a regulatory budget as provided in section 503; (4) achieve greater control over mandatory spending by reforming reconciliation procedures and requirements to ensure they are transparent, objectively applied, and maximize opportunities for deficit reduction; (5) increase the efficiency of the congressional budget process by— (A) realigning the budget cycle with the calendar year and the congressional calendar; (B) simplifying the procedures by which the Committee on Appropriations adjusts its section 302(b) suballocations to ensure they are consistent with the Committee’s overall section 302(a) allocation; and (C) increasing congressional accountability for budget decisions; (6) improve the transparency of the Federal Government’s obligations by— (A) modifying the content of the budget resolution to reflect the budgetary decisions that Congress actually makes and enforces; (B) requiring the Comptroller General to periodically report to Congress on the consolidated financial report of the Federal Government; and (C) restructuring the baseline, as set forth in section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985, to treat mandatory spending and revenue on a comparable basis; and (7) achieve control over long-term budget obligations by— (A) establishing declining limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; and (B) codifying limits on the amount legislation can increase the deficit beyond the ten fiscal-year period of the concurrent resolution on the budget. 503. Policy statement on Federal regulatory budgeting and reform (a) Findings The House finds the following: (1) Federal regulations are estimated to cost $1.9 trillion per year or approximately $15,000 per household. Such costs exceed 10 percent of the Gross Domestic Product of the United States. (2) Excessive Federal regulation— (A) retards job creation, investment, wages, competition, and economic growth, slowing the Nation’s recovery from economic recession and harming American households; (B) operates as a regressive tax on poor and lower-income households; (C) displaces workers into long-term unemployment or lower-paying jobs; (D) adversely affects small businesses, the primary source of new jobs; and (E) impedes the economic growth necessary to provide sufficient funds to meet vital commitments and reduce the Federal debt. (3) Federal agencies do not systematically analyze both the costs and benefits of new regulations or identify and eliminate, minimize, or mitigate excess regulatory costs through post-implementation assessments of their regulations. (4) Agencies too often impose costly regulations without relying on sound science, through the use of agency guidance, judicial consent decrees, and settlement agreements, and through the abuse of high interim compliance costs imposed on regulated entities that bring legal challenges against newly promulgated regulations. (5) Congress lacks an effective mechanism to manage the level of new Federal regulatory costs imposed each year. Other nations, meanwhile, have successfully implemented the use of regulatory budgeting to control excess regulation and regulatory costs. (6) Significant steps have been taken already by President Trump and the 115th Congress, including the imposition of a regulatory pay-as-you-go regimen for new and revised regulations by the Trump Administration and the enactment of 14 measures under the Congressional Review Act that repealed regulations promulgated in the final 60 legislative days of the 114th Congress. (b) Policy on Federal regulatory budgeting and reform It is the policy of this concurrent resolution that the House should, in consultation with the public, consider legislation that— (1) requires the President’s budget submission to include an analysis of the costs of complying with current and proposed regulations; (2) builds the institutional capacity of the Congressional Budget Office to develop a regulatory baseline and estimate regulatory costs; (3) codifies the Trump Administration’s regulatory pay-as-you-go requirements, which require agencies to offset the costs of new or revised regulations with the repeal or modification of existing regulations; and (4) requires Federal agencies to give notice and allow for comments on proposed guidance documents. 504. Policy statement on unauthorized appropriations (a) Findings The House finds the following: (1) Article I of the Constitution vests all legislative power in Congress. (2) Central to the legislative powers of Congress is the authorization of appropriations necessary to execute the laws that establish agencies and programs and impose obligations. (3) Clause 2 of rule XXI of the Rules of the House of Representatives prohibits the consideration of appropriations measures that provide appropriations for unauthorized programs. (4) In fiscal year 2016, more than $310 billion was appropriated for unauthorized programs, spanning 256 separate laws. (5) Agencies such as the Department of State have not been authorized for 15 years. (6) The House adopted a requirement for the 115th Congress, as part of H. Res. 5, that requires each standing committee of the House to adopt an authorization and oversight plan that enumerates all unauthorized programs and agencies within its jurisdiction that received funding in the prior year, among other oversight requirements. (b) Policy on unauthorized appropriations In the House, it is the policy of this concurrent resolution that legislation should be enacted that— (1) establishes a schedule for reauthorizing all Federal programs on a staggered five-year basis together with declining spending targets for each year a program is not reauthorized according to such schedule; (2) prohibits the consideration of appropriations measures in the House that provide appropriations in excess of spending targets specified for such measures and ensures that such rule should be strictly enforced; and (3) limits funding for non-defense or non-security-related Federal programs that are not reauthorized according the schedule described in paragraph (1). 505. Policy statement on Federal accounting (a) Findings The House finds the following: (1) Current accounting methods fail to capture and present in a compelling manner the full scope of the Federal Government and its fiscal condition. (2) Most fiscal analyses produced by the Congressional Budget Office (CBO) are conducted over a 10-fiscal year period. The use of generational accounting or a longer time horizon would provide a more complete picture of the Federal Government’s fiscal condition. (3) The Federal budget currently accounts for most programs on a cash accounting basis, which records revenue and expenses when cash is actually paid or received. However, it accounts for loan and loan guarantee programs on an accrual basis, which records revenue when earned and expenses when incurred. (4) The Government Accountability Office has advised that accrual accounting may be more accurate than cash accounting in estimating the Federal Government’s liabilities for insurance and other programs. (5) Accrual accounting under the Federal Credit Reform Act of 1990 (FCRA) understates the risk and thus the true cost of some Federal programs, including loans and loan guarantees. (6) Fair-value accounting better reflects the risk associated with Federal loan and loan guarantee programs by using a market based discount rate. CBO, for example, uses fair-value accounting to measure the cost of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). (7) In comparing fair-value accounting to FCRA, CBO has concluded that adopting a fair-value approach would provide a more comprehensive way to measure the costs of Federal credit programs and would permit more level comparisons between those costs and the costs of other forms of Federal assistance . (8) The Department of the Treasury, when reporting the principal financial statements of the United States entitled Balance Sheet and Statement of Operations and Changes in Net Position , may omit some of the largest projected Federal Government expenses, including social insurance programs. The projected expenses of these programs are reported by the Department in its Statements of Social Insurance and Changes in Social Insurance Amounts . (9) This concurrent resolution directs CBO to estimate the costs of Federal credit programs on a fair-value basis to fully capture the risk associated with these programs. (b) Policy on Federal accounting methodologies It is the policy of this concurrent resolution that the House should, in consultation with CBO and other appropriate stakeholders, reform government-wide budget and accounting practices so Members and the public can better understand the fiscal condition of the United States and the best options to improve it. Such reforms may include the following: (1) Providing additional metrics to enhance analysis by considering the Nation’s fiscal condition comprehensively, over an extended time period, and how it affects Americans of various age cohorts. (2) Expanding the use of accrual accounting where appropriate. (3) Accounting for certain Federal credit programs using fair-value accounting to better capture market risk. 506. Policy statement on Commission on Budget Concepts (a) Findings The Congress finds the following: (1) In 1965, the President’s Commission on Budget Concepts made a series of recommendations that were adopted and continue to provide the foundation for the Federal budget process. (2) Over the ensuing 52 years, the Federal budget process has undergone major transformations, including the following: (A) Congress asserted its Article I power of the purse through the Congressional Budget Act of 1974 in the form of a congressional budget process predicated on the adoption of an annual budget resolution setting forth its priorities independent of the executive branch. (B) Congress and the President have periodically augmented the President’s budget submission and the budget resolution by establishing statutory budget rules and limits enforced through sequestration. (C) The share of Federal spending that is not controlled through the annual appropriations process has ballooned from 32 percent of total Federal spending in 1967 to 69 percent in 2016. (D) Activities previously considered the exclusive domain of the Federal Government have been fully commercialized, contracted out to the private sector, financed through third party arrangements, or devolved to State and local governments. (E) Key functions of the Federal Government are now funded through user fees rather than general revenue, often shielding them from congressional control and oversight. (F) The Credit Reform Act of 1990 placed Federal loans and loan guarantees on an accrual basis. (G) Increasing shares of the economy are directed towards compliance with Federal regulations, which are not subject to the limitations applicable to Federal spending. (b) Policy on Commission on Budget Concepts It is the policy of this concurrent resolution on the budget that legislation should be enacted that establishes a Commission on Budget Concepts to review and revise budget concepts and make recommendations to create a more transparent Federal budget process. 507. Policy statement on budget enforcement It is the policy of this concurrent resolution that the House should— (1) adopt an annual budget resolution before spending and tax legislation is considered in either House of Congress; (2) assess measures for timely compliance with budget rules in the House; (3) pass legislation to strengthen enforcement of the budget resolution; (4) comply with the discretionary spending limits set forth in the Balanced Budget and Emergency Deficit Control Act of 1985; (5) prevent the use of accounting gimmicks to offset higher spending; (6) modify scoring conventions to encourage the commercialization of Federal Government activities that can best be provided by the private sector; and (7) discourage the use of savings identified in the budget resolution as offsets for spending or tax legislation. 508. Policy statement on improper payments (a) Findings The House finds the following: (1) The Government Accountability Office defines improper payments as any reported payment that should not have been made or was made in an incorrect amount. (2) Improper payments totaled $1.2 trillion between fiscal years 2003 and 2016 with a reported Federal Government-wide error rate of 5.1 percent in fiscal year 2016. (3) Improper payments increased from $107 billion in 2012 to $144 billion in 2016. (4) The Earned Income Tax Credit, Medicare, and Medicaid account for 78 percent of total improper payments, with error rates of 24 percent, 11 percent, and 10.5 percent, respectively. (5) Eight agencies did not report payment estimates for 18 programs that the Comptroller General deems susceptible to significant improper payments. (b) Policy on improper payments It is the policy of this concurrent resolution that an independent commission should be established with the goal of finding tangible solutions to reduce total improper payments by 50 percent within the next 5 years. The commission should also develop a more-stringent system of agency oversight to achieve this goal. 509. Policy statement on expenditures from agency fees and spending (a) Findings The House finds the following: (1) Many Federal agencies and organizations have permanent authority to collect and spend fees and other offsetting collections. (2) The Office of Management and Budget estimates the total amount of offsetting fees and collections to be $513 billion in fiscal year 2017. (3) Agency budget justifications are, in some cases, not fully transparent about the amount of program activity funded through offsetting collections or fees. This lack of transparency prevents effective and accountable Government. (b) Policy on Expenditures from Agency Fees and Spending It is the policy of this concurrent resolution that the House should reassert its constitutional prerogative to control Federal spending and exercise rigorous oversight over Federal agencies. Congress should subject all fees paid by the public to Federal agencies to annual appropriations or authorizing legislation and a share of these proceeds should be reserved for taxpayers in the form of deficit reduction. 510. Policy statement on promoting real health care reform (a) Findings The House finds the following: (1) Patient-centered health care increases access to quality care for all Americans, regardless of age, income, or health status. (2) States are best equipped to respond to the needs of their unique communities. (3) The current legal framework encourages frivolous medical malpractice lawsuits that increase health care costs. (b) Policy on Health Care Regulation It is the policy of this concurrent resolution that— (1) the American health care system should encourage research, development, and innovation in the medical sector, rather than stymie growth through over-regulation; (2) States should determine the parameters of acceptable private insurance plans based on the needs of their populations and retain control over other health care coverage standards; (3) reforms should protect patients with pre-existing conditions, reward those who maintain continuous health coverage, and create greater parity between benefits offered through employers and those offered independently; (4) States should have greater flexibility in designing their Medicaid program and State Children’s Health Insurance Program; (5) medical malpractice reform should emphasize compliance with best practice guidelines, while continuing to protect patients’ interests; and (6) States should have the flexibility to implement medical liability policies to best suit their needs. 511. Policy statement on Medicare (a) Findings The House finds the following: (1) More than 57 million Americans depend on Medicare for their health security. (2) The Medicare Trustees Report has repeatedly recommended that Congress address Medicare’s long-term financial challenges. Each year without reform, the financial condition of Medicare becomes more precarious and the threat to those in or near retirement more pronounced. The current challenges that Congress will need to address include— (A) the Hospital Insurance Trust Fund will be exhausted in 2029 and unable to pay the scheduled benefits; (B) Medicare enrollment is expected to increase more than 50 percent in the next two decades, as 10,000 baby boomers reach retirement age each day; (C) due to extended life spans, enrollees remain in Medicare three times longer than at the outset of the program five decades ago; (D) notwithstanding the program’s trust fund arrangement, current workers’ payroll tax contributions pay for current Medicare beneficiaries instead of being set aside for their own future use; (E) the number of workers supporting each beneficiary continues to fall; in 1965, the ratio was 4.5 workers per beneficiary, and by 2030, the ratio will be only 2.4 workers per beneficiary; (F) the average Medicare beneficiary receives about three dollars in Medicare benefits for every dollar paid into the program; (G) Medicare is growing faster than the economy, with a projected growth rate of 7.2 percent per year on average through 2026, peaking in 2026 at 9.2 percent; and (H) by 2027, Medicare spending will reach more than $1.4 trillion, more than double the 2016 spending level of $692 billion. (3) Failing to address the impending insolvency of Medicare will leave millions of American seniors without adequate health security and younger generations burdened with having to pay for these unsustainable spending levels. (b) Policy on Medicare reform It is the policy of this concurrent resolution to save Medicare for those in or near retirement and to strengthen the program’s solvency for future beneficiaries. (c) Assumptions This concurrent resolution assumes transition to an improved Medicare program that ensures— (1) Medicare is preserved for current and future beneficiaries; (2) future Medicare beneficiaries may select from competing guaranteed health coverage options a plan that best suits their needs; (3) traditional fee-for-service Medicare remains a plan option; (4) Medicare provides additional assistance for lower-income beneficiaries and those with greater health risks; and (5) Medicare spending is put on a sustainable path and becomes solvent over the long term. 512. Policy statement on combating the opioid epidemic (a) Findings The House finds the following: (1) According to the Centers for Disease Control and Prevention (CDC), 91 Americans die each day from an opioid overdose. (2) Nearly half of all opioid overdose deaths involve a prescription opioid. (3) Since 1999, the number of prescription opioids sold in the U.S. has nearly quadrupled. (4) Since 1999, the number of deaths from prescription opioids has more than quadrupled. (5) The CDC asserts that improving opioid prescribing practices will reduce exposure to opioids, prevent abuse, and stop addiction. (6) The CDC has found that individuals in rural counties are almost twice as likely to overdose on prescription painkillers as those in urban areas. (7) According to the CDC, nearly 7,000 people are treated in emergency rooms every day for using opioids in a non-approved manner. (8) The 21st Century Cures Act and the Comprehensive Addiction and Recovery Act were signed into law in the 114th Congress in an overwhelming display of congressional and executive branch support in the fight against the opioid epidemic. (9) Bipartisan efforts to eliminate opioid abuse and provide relief from addiction for all Americans should continue. (b) Policy on opioid abuse It is the policy of this concurrent resolution that— (1) combating opioid abuse using available budgetary resources remains a high priority; (2) the House, in a bipartisan manner, should continue to examine the Federal response to the opioid abuse epidemic and support essential activities to reduce and prevent substance abuse; (3) the House should continue to support initiatives included in the 21st Century Cures Act and the Comprehensive Addiction and Recovery Act; (4) the House should continue its oversight efforts, particularly ongoing investigations conducted by the House Committee on Energy and Commerce, to ensure that taxpayer dollars intended to combat opioid abuse are spent appropriately and efficiently; and (5) the House should collaborate with State, local, and tribal entities to develop a comprehensive strategy for addressing the opioid addiction crisis. 513. Policy statement on the State Children’s Health Insurance Program (a) Findings The House finds the following: (1) The State Children’s Health Insurance Program (SCHIP) is a means-tested program that provides health insurance coverage to low-income children and pregnant women who do not qualify for Medicaid based on income. (2) SCHIP eligibility varies by State, as States decide the income upper limit for beneficiaries; the current upper limit varies from 175 percent of the Federal poverty level to 405 percent of the Federal poverty level. (3) SCHIP covered on average 6.3 million people monthly in fiscal year 2017. (4) The average cost of a child enrolled in SCHIP to the Federal Government was approximately $2,300 in fiscal year 2017, compared to approximately $1,910 for a child enrolled in Medicaid. (5) The Federal spending allotment for SCHIP will expire at the end of fiscal year 2017. (6) The Medicaid and CHIP Payment and Access Commission recommends an extension of Federal SCHIP funding, and warns that all States are projected to exhaust their Federal SCHIP funds during fiscal year 2018. (7) SCHIP should be preserved to assist the Nation’s vulnerable children. (b) Policy on the State Children’s Health Insurance Program It is the policy of this concurrent resolution that— (1) the House should work in a bipartisan manner to reauthorize SCHIP funding; (2) the authorizing committees should consider establishing a Federal upper limit for SCHIP eligibility, rather than providing open-ended access to the program for those at higher income levels; (3) the House should target resources designated for SCHIP toward those most in need of Federal assistance; and (4) the House should require greater reporting by States of SCHIP data in order to better structure the program to meet beneficiaries’ needs. 514. Policy statement on medical discovery, development, delivery, and innovation (a) Findings The House finds the following: (1) The Nation’s commitment to the discovery, development, and delivery of new treatments and cures has made the United States the biomedical innovation capital of the world for decades. (2) The history of scientific discovery and medical breakthroughs in the United States is extensive, including the creation of the polio vaccine, the first genetic mapping, and the invention of the implantable cardiac pacemaker. (3) Reuters ranks the United States Health and Human Services Laboratories as first in the world for innovation on its 2017 list of the Top 25 Global Innovators. (4) The United States leads the world in the production of medical devices, and the United States medical device market accounts for approximately 45 percent of the global market. (5) The United States remains a global leader in pharmaceutical research and development investment, has produced more than half of the world’s new molecules in the past decade, and represents the world’s largest pharmaceutical market, which is triple the size of the nearest rival, China. (b) Policy on Medical Innovation It is the policy of this concurrent resolution that— (1) the Federal Government should foster investment in health care innovation and maintain the Nation’s world leadership status in medical science by encouraging competition; (2) the House should continue to support the critical work of medical innovators throughout the country through continued funding for agencies, including the National Institutes of Health and the Centers for Disease Control and Prevention, to conduct life-saving research and development; and (3) the Federal Government should unleash the power of private-sector medical innovation by removing regulatory obstacles that impede the adoption of new medical technology and pharmaceuticals. 515. Policy statement on public health preparedness (a) Findings The House finds the following: (1) The Constitution requires the Federal Government to provide for the common defense. As such, the Nation must prioritize its ability to respond rapidly and effectively to a public health crisis or bioterrorism threat. (2) There is a persistent threat of bioterrorism against American lives. (3) Naturally-occurring public health threats can spread through the transmission of communicable diseases during international trade and travel. (4) As of April 3, 2016, the World Health Organization reported nearly 29,000 cases of the Ebola virus worldwide, including 4 instances in the U.S. (5) As of July 12, 2017, the Centers for Disease Control and Prevention (CDC) reports that the current Zika epidemic resulted in over 5,000 cases of the Zika virus within the United States, with nearly 37,000 more cases reported in U.S. territories. (6) Preventing the spread of disease to Americans requires halting threats before they breach the U.S. border. (7) The United States is a leader in global public health assistance and orchestrates international responses to health crises. (b) Policy on Public Health Preparedness It is the policy of this concurrent resolution that— (1) the House should continue to fund activities of the CDC, the National Institutes of Health, and the Biomedical Advanced Research and Development Authority to develop and stockpile medical countermeasures to infectious diseases and chemical, biological, radiological, and nuclear agents; (2) the House should, within available budgetary resources, provide continued support for research, prevention, and public health preparedness programs; (3) the Federal Government should encourage private-sector development of critical vaccines and other medical countermeasures to emerging public health threats; and (4) the Secretary of Health and Human Services, the Secretary of Defense, and the Secretary of State should collaborate on global health preparedness initiatives to prevent overlap and promote responsible stewardship of taxpayer resources. 516. Policy statement on Social Security (a) Findings The House finds the following: (1) More than 60 million retirees, individuals with disabilities, and survivors depend on Social Security. Since enactment, Social Security has served as a vital leg of the three-legged stool of retirement security, which includes employer provided pensions as well as personal savings. (2) Lower-income Americans rely on Social Security for a larger proportion of their retirement income. Therefore, reforms should take into consideration the need to protect lower income Americans’ retirement security. (3) The Social Security Trustees Report has repeatedly recommended that Social Security’s long-term financial challenges be addressed soon. The financial condition of Social Security and the threat to seniors and those receiving Social Security disability benefits becomes more pronounced each year without reform. For example— (A) in 2028, the Disability Insurance Trust Fund will be exhausted and program revenues will be unable to pay scheduled benefits; and (B) with the exhaustion of both the Disability Insurance Trust Fund and the Old-Age and Survivors and Disability Trust Fund in 2035, benefits will be cut by as much as 25 percent across the board, devastating those currently in or near retirement and those who rely on Social Security the most. (4) The recession and continued low economic growth have exacerbated the looming fiscal crisis facing Social Security. The most recent Congressional Budget Office (CBO) projections find that Social Security will run cash deficits of more than $1.3 trillion over the next 10 years. (5) The Disability Insurance program provides an essential income safety net for those with disabilities and their families. According to CBO, between 1970 and 2015 the number of disabled workers and their dependent family members receiving disability benefits has increased by more than 300 percent from 2.7 million to over 10.9 million. This increase is not due strictly to population growth or decreases in health. CBO also attributes program growth to changes in demographics and the composition of the labor force as well as Federal policies. (6) In the past, Social Security has been reformed on a bipartisan basis, most notably by the Greenspan Commission , which helped address Social Security shortfalls for more than a generation. (7) Americans deserve action by the President and Congress to preserve and strengthen Social Security to ensure that Social Security remains a critical part of the safety net. (b) Policy on Social Security It is the policy of this concurrent resolution that the House should work in a bipartisan manner to make Social Security solvent on a sustainable basis. This concurrent resolution assumes, under a reform trigger, that— (1) if in any year the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund annual Trustees Report determines that the 75-year actuarial balance of the Social Security Trust Funds is in deficit, and the annual balance of the Social Security Trust Funds in the 75th year is in deficit, the Board of Trustees should, no later than September 30 of the same calendar year, submit to the President recommendations for statutory reforms necessary to achieve a positive 75-year actuarial balance and a positive annual balance in the 75th year, and any recommendations provided to the President must be agreed upon by both Public Trustees of the Board of Trustees; (2) not later than December 1 of the same calendar year in which the Board of Trustees submit its recommendations, the President should promptly submit implementing legislation to both Houses of Congress including recommendations necessary to achieve a positive 75-year actuarial balance and a positive annual balance in the 75th year, and the majority leader of the Senate and the majority leader of the House should introduce the President’s legislation upon receipt; (3) within 60 days of the President submitting legislation, the committees of jurisdiction should report a bill, which the House or Senate should consider under expedited procedures; and (4) legislation submitted by the President should— (A) protect those in or near retirement; (B) preserve the safety net for those who count on Social Security the most, including those with disabilities and survivors; (C) improve fairness for participants; (D) reduce the burden on and provide certainty for future generations; and (E) secure the future of the Disability Insurance program while addressing the needs of those with disabilities today and improving the determination process. (c) Policy on Disability Insurance It is the policy of this concurrent resolution that the House should consider legislation on a bipartisan basis to reform the Disability Insurance program prior to its insolvency in 2028 and should not raid the Social Security retirement system without reforms to the Disability Insurance system. This concurrent resolution assumes reform that— (1) promotes opportunity for those trying to return to work; (2) ensures benefits continue to be paid to individuals with disabilities and their family members who rely on them; (3) prevents a 7 percent across-the-board benefit cut; and (4) improves the Disability Insurance program. (d) Policy on Social Security solvency It is the policy of this concurrent resolution that any legislation the House considers to improve the solvency of the Disability Insurance Trust Fund must also improve the long-term solvency of the combined Old Age and Survivors Disability Insurance Trust Fund. 517. Policy statement on Medicaid work requirements (a) Findings The House finds the following: (1) Medicaid is a Federal-State program that provides health care coverage for impoverished Americans. (2) Medicaid serves four major population categories: the elderly, the blind and disabled, children, and adults. (3) The Congressional Budget Office projects the average monthly enrollment in Medicaid for fiscal year 2018 to be 78 million people. (4) Of this 78 million people, 27 million – more than one third of the enrollees – are non-elderly, non-disabled adults. (5) Medicaid continues to grow at an unsustainable rate, and will cost approximately one trillion dollars per year within the decade, between Federal and State spending. (6) Congress has a responsibility to preserve limited Medicaid resources for America’s most vulnerable – those who cannot provide for themselves. (7) Forbes reported last year on a first-of-its-kind study conducted by the Foundation for Government Accountability. It analyzed data from the State of Kansas, which demonstrates that work requirements have led to greater employment, higher incomes, and less poverty. (8) The State of Maine implemented work requirements in 2014, and saw incomes rise for able-bodied welfare recipients by an average of 114 percent within a year. (9) Work is a valuable source of human dignity, and work requirements help lift Americans out of poverty by incentivizing self-reliance. (b) Policy on Medicaid Work Requirements It is the policy of this concurrent resolution that— (1) Congress should enact legislation that encourages able-bodied, non-elderly, non-pregnant adults without dependents to work, actively seek work, participate in a job-training program, or do community service, in order to receive Medicaid; (2) Medicaid work requirements legislation could include 30 hours per week of work, of which 20 of those hours should be spent in the core activities of: public or private sector employment, work experience, on-the-job training, job-search or job-readiness assistance program participation, community service, or vocational training and education; (3) States should be given flexibility to determine the parameters of qualifying program participation and work-equivalent experience; (4) States should perform regular case checks to ensure taxpayer dollars are appropriately spent; and (5) the Government Accountability Office or the Department of Health and Human Services Inspector General should conduct annual audits of State Medicaid programs to ensure proper reporting and prevent waste, fraud, and abuse. 518. Policy statement on welfare reform and Supplemental Nutrition Assistance Program work requirements (a) Findings The House finds the following: (1) Participation in the Supplemental Nutrition Assistance Program (SNAP) has grown from 17 million Americans in 2001 to 44 million in 2016. (2) The work support role of SNAP has declined, and the program increasingly serves as a replacement to work. (3) Work requirements were key to the success of the Personal Responsibility and Work Opportunity Act ( Public Law 104–193 ), which led to a two-thirds reduction in welfare caseloads, a reduction in child poverty, and an increase in work participation. The successful 1996 welfare reform law provides a model for improving work requirements in other anti-poverty programs. (b) Policy on Welfare reform and SNAP Work Requirements It is the policy of this concurrent resolution that— (1) the welfare system should reward work, provide tools to escape poverty, and expect work-capable adults to work or prepare for work in exchange for welfare benefits; and (2) SNAP should be reformed to improve work requirements to help more people escape poverty and move up the economic ladder. 519. Policy Statement on State flexibility in Supplemental Nutrition Assistance Program (a) Findings The House finds the following: (1) Spending on Supplemental Nutrition Assistance Program (SNAP) has almost quadrupled since 2001. (2) Various factors are driving this growth, but one major reason is that while States have the responsibility of administering the program, they have little incentive to ensure it is well run. (3) In 1996, a Republican Congress and a Democratic President reformed welfare by limiting the duration of benefits, giving States more control over the program, and helping recipients find work. In the 5 years following passage, child-poverty rates fell, welfare caseloads fell, and workers’ wages increased. This bipartisan success offers a model for improving other anti-poverty programs. (b) Policy on State Flexibility in SNAP It is the policy of this concurrent resolution that SNAP should be reformed to reduce poverty and increase opportunity and upward mobility for struggling Americans on the road to personal and financial independence. Based on the successful welfare reforms of the 1990s, these proposals would improve work requirements and provide flexible funding for States to help those most in need find gainful employment, escape poverty, and move up the economic ladder. 520. Policy statement on higher education and workforce development opportunity (a) Findings on higher education The House finds the following: (1) A well-educated, high-skilled workforce is critical to economic, job, and wage growth. (2) Average published tuition and fees have increased consistently above the rate of inflation across all types of colleges and universities. (3) With an outstanding student loan portfolio of $1.3 trillion, the Federal Government is the largest education lender to undergraduate and graduate students, parents, and other guarantors. (4) Students who do not complete their college degree are at a greater risk of defaulting on their loans than those who complete their degree. (5) Participation in Federal income-driven repayment plans is rising, in terms of the percent of both borrowers and loan dollars, according to the Government Accountability Office. Because these plans offer loan balance forgiveness after a repayment period, this increased use portends higher projected costs to taxpayers. (b) Policy on higher education It is the policy of this concurrent resolution to promote college affordability, access, and success by— (1) reserving Federal financial aid for those most in need and streamlining grant and loan aid programs to help students and families more easily assess their options for financing postsecondary education; and (2) removing regulatory barriers to reduce costs, increase access, and allow for innovative teaching models. (c) Findings on workforce development The House finds the following: (1) 7.5 million Americans are currently unemployed. (2) Despite billions of dollars in spending, those looking for work are stymied by a broken workforce development system that fails to connect workers with assistance and employers with skilled personnel. (3) The House Committee on Education and the Workforce successfully consolidated 15 workforce development programs when Congress enacted the Workforce Innovation and Opportunity Act in 2014. (d) Policy on workforce development It is the policy of this concurrent resolution to build on the success of the Workforce Innovation and Opportunity Act by— (1) further streamlining and consolidating Federal workforce development programs; and (2) empowering States with the flexibility to tailor funding and programs to the specific needs of their workforce. 521. Policy statement on supplemental wildfire suppression funding (a) Findings The House finds the following: (1) In 1995, fire activities made up 16 percent of the United States Forest Service’s (USFS) annual appropriated budget. Since 2015, more than 50 percent has now been dedicated to wildfire. (2) Wildland fire suppression activities are currently funded entirely within the USFS budget, based on a 10-year rolling average. Using this model, the agency must average firefighting costs from the past 10 years to predict and request costs for the next year. When the average was stable, the agency was able to use this model to budget consistently for the annual costs associated with wildland fire suppression. (3) Over the last few decades, wildland fire suppression costs have increased as fire seasons have grown longer and the frequency, size, and severity of wildland fires has increased. (4) The six worst fire seasons since 1960 have all occurred since 2000. Since 2000, many western states have experienced the largest wildfires in their State’s history. In 2016 alone, there were a recorded 67,595 fires and a total of over 5.5 million acres burned. The suppression costs to USFS and other Federal agencies for 2016 totaled over $1.9 billion dollars. (5) As wildfire costs continue to increase, funding levels for USFS wildfire suppression activities will also continue to constrict funding levels for other necessary USFS forest management activities focused on land management and wildfire prevention. (b) Policy on supplemental wildfire suppression funding It is the policy of this concurrent resolution that Congress, in coordination with the Administration, should develop both a long-term funding mechanism that would allow supplemental wildfire suppression funding and reforms on reducing hazardous fuel loads on Federal forests and lands that could decrease wildfires. 522. Policy statement on the Department of Veterans Affairs (a) Findings The House finds the following: (1) For years there have been serious concerns regarding the Department of Veterans Affairs’ (VA) bureaucratic mismanagement and continuous failure to provide veterans timely access to health care. (2) Since 2003, VA disability compensation and health care have been added to the Government Accountability Office’s (GAO) high-risk list, due to mismanagement and oversight failures, lack of a unified vision, strategy, or set of goals to guide their outcomes, and the inability to ensure allocated resources are used in a cost-effective and efficient way to improve veterans’ health care access. (3) The VA’s failure to provide timely and accessible health care to America’s veterans is unacceptable. While Congress has done its part for more than a decade by providing sufficient funding for the VA, the agency has mismanaged these resources, resulting in proven adverse effects on veterans and their families. (b) Policy on the Department of Veterans Affairs It is the policy of this concurrent resolution that the House should require the VA to conduct an audit of its programs named on GAO’s high-risk list and report its findings to the Committee on Appropriations, the Committee on the Budget, and the Committee on Veterans Affairs of the House of Representatives. 523. Policy statement on moving the United States Postal Service on budget (a) Findings The House finds the following: (1) The President’s Commission on Budget Concepts recommends that the budget should, as a general rule, be comprehensive of the full range of Federal activity. (2) The Omnibus Reconciliation Act of 1989 ( Public Law 101–239 ) moved the United States Postal Service (USPS) off budget and exempted it from sequestration. (3) The USPS has a direct effect on the fiscal posture of the Federal Government, through— (A) the receipt of direct appropriations of $35 million in fiscal year 2017; (B) congressional mandates such as requirements for mail delivery service schedules; (C) incurring $15 billion in debt from the Treasury, the maximum permitted by law; (D) continued operating deficits since 2007; (E) defaulting on its statutory obligation to prefund health care benefits for future retirees; and (F) carrying $119 billion in total unfunded liabilities with no foreseeable pathway of funding these liabilities under current law. (b) Policy on moving the USPS on budget It is the policy of this concurrent resolution that all receipts and disbursements of the USPS should be included in the congressional budget and the budget of the Federal Government. 524. Policy statement on the Judgment Fund (a) Findings The House finds the following: (1) The Judgment Fund (Fund), established in 1956, was created to pay judgments and settlements of lawsuits against the Federal Government. (2) As a result of the Fund’s design, it is ripe for executive branch exploitation. The Obama Administration used the Fund to make billions of dollars in payments to Federal agencies and foreign entities. For example— (A) on January 17, 2016, the State Department announced the Federal Government agreed to pay the Iranian government $1.7 billion to settle a case related to the sale of military equipment prior to the Iranian revolution, of which $1.3 billion was sourced through the Fund, without prior congressional notification; the Obama Administration’s use of the Fund to make this and other payments raises serious concerns by sidestepping Congress; and (B) in 2016, the Department of Health and Human Services announced its intentions to use the Fund for settlements with health insurers who sued the Federal Government over the loss of funds for risk corridors under the Patient Protection and Affordable Care Act. (3) Failing to address the lack of oversight over the Fund annually costs taxpayers billions of dollars, as payments exceeded $4.6 billion in 2016 and more than $26 billion in the preceding 10 year period. (b) Policy on Judgment Fund It is the policy of this concurrent resolution that the House should consider legislation that reclaims Congress’s power of the purse over the Fund. Such legislation should— (1) prohibit interest payments paid from the Fund for accounts or assets frozen by the Federal Government and listed on— (A) the Sanctions Programs list of the Office of Foreign Asset Control of the Department of Treasury; or (B) Sponsors of Terrorism list of the Department of State; (2) amend sections 2414 and 1304 of titles 28 and 31, United States Code, respectively, to— (A) provide a clear definition and explanation of a foreign court or tribunal ; and (B) require congressional notification whenever the Fund makes a settlement or court ordered lump sum or aggregated payment exceeding $500 million; and (3) require legislative action to approve payments from the Fund in excess of a specified threshold, increase transparency, and require Federal agencies to reimburse the Fund over a fixed time period. 525. Policy statement on responsible stewardship of taxpayer dollars (a) Findings The House finds that significant savings were achieved by the House by consolidating operations and renegotiating contracts. (b) Policy on responsible stewardship of taxpayer dollars It is the policy of this concurrent resolution that— (1) the House should be a model for the responsible stewardship of taxpayer resources, and identify any savings that can be achieved through greater productivity and efficiency gains in the operation and maintenance of House services and resources, including printing, conferences, utilities, telecommunications, furniture, grounds maintenance, postage, and rent; (2) the House should review policies and procedures for the acquisition of goods and services to eliminate unnecessary spending; (3) the Committee on House Administration should review the policies pertaining to services provided to Members and committees of the House, and identify ways to reduce any subsidies paid for the operation of the House gym, barber shop, salon, and the House dining room; (4) no taxpayer funds should be used to purchase first class airfare or to lease corporate jets for Members of Congress; and (5) retirement benefits for Members of Congress should not include free, taxpayer-funded health care for life. 526. Policy statement on tax reform (a) Findings The House finds the following: (1) A world-class tax system should be simple, fair, and promote (rather than impede) economic growth. The United States tax code fails on all 3 counts: it is complex, unfair, and inefficient. The tax code’s complexity distorts decisions to work, save, and invest, which leads to slower economic growth, lower wages, and less job creation. (2) Standard economic theory holds that high marginal tax rates lessen the incentives to work, save, and invest, which reduces economic output and job creation. Lower economic output, in turn, mutes the intended revenue gain from higher marginal tax rates. (3) Roughly half of United States active business income and half of private sector employment are derived from business entities (such as partnerships, S corporations, and sole proprietorships) that are taxed on a pass-through basis, meaning the income is taxed at individual rates rather than corporate rates. Small businesses, in particular, tend to choose this form for Federal tax purposes, and the highest Federal rate on such small business income can reach nearly 45 percent. For these reasons, sound economic policy requires lowering marginal rates on these pass-through entities. (4) The top United States corporate income tax rate (including Federal, State, and local taxes) is slightly more than 39 percent, the highest rate in the industrialized world. Tax rates this high suppress wages, discourage investment and job creation, distort business activity, and put American businesses at a competitive disadvantage with foreign competitors. (5) By deterring potential investment, the United States corporate tax restrains economic growth and job creation. The United States tax rate differential fosters a variety of complicated multinational corporate practices intended to avoid the tax, which have the effect of moving the tax base offshore, destroying American jobs, and decreasing corporate revenue. (6) The world-wide structure of United States international taxation essentially taxes earnings of United States firms twice, putting them at a significant competitive disadvantage with competitors that have more competitive international tax systems. (7) Reforming the tax code would boost the competitiveness of United States companies operating abroad and significantly reduce tax avoidance. (8) The tax code imposes costs on American workers through lower wages, consumers in higher prices, and investors in diminished returns. (9) Increasing taxes to raise revenue and meet out-of-control spending would sink the economy and Americans’ ability to save for their children’s education and retirement. (10) Closing special preference carve outs in our tax code to finance higher spending does not constitute fundamental tax reform. (11) Tax reform should curb or eliminate tax breaks and use those savings to lower tax rates across the board, not to fund more wasteful Federal Government spending. Washington has a spending problem, not a revenue problem. (12) Many economists believe that fundamental tax reform, including a broader tax base and lower tax rates, would lead to greater labor supply and increased investment, which would have a positive impact on total national output. (b) Policy on tax reform It is the policy of this concurrent resolution that the House should consider comprehensive tax reform legislation that promotes economic growth, creates American jobs, increases wages, and benefits American consumers, investors, and workers by— (1) simplifying the tax code to make it fairer to American families and businesses and reducing the amount of time and resources necessary to comply with tax laws; (2) substantially lowering tax rates for individuals and consolidating the current seven individual income tax brackets into fewer brackets; (3) repealing the Alternative Minimum Tax; (4) reducing the corporate tax rate; and (5) transitioning the tax code to a more competitive system of international taxation.

Passed the House of Representatives October 5, 2017. Karen L. Haas, Clerk

October 16, 2017 Received and placed on the calendar