TABLE OF CONTENTS: 
     Title I: Defense 
     Title II: Other Discretionary Accounts 
     Title III: Entitlements 
Title I: Defense
 - Amends the Arms Export Control Act to provide that any sale of major defense equipment approved under such Act shall include an appropriate charge for costs incurred by the United States in the research, development, and production of such equipment. Provides an exception.  Repeals a provision of such Act which allows for the recovery of certain administrative expenses when such expenses are neither salaries of U.S. armed forces nor unfunded estimated costs of civilian retirement and other benefits. 
Title II: Other Discretionary Accounts
 - Requires the Administrator of the National Aeronautics and Space Administration (NASA) to terminate U.S. participation in the International Space Station program.  Authorizes appropriations for termination costs. 
(Sec. 202) Amends the Rural Electrification Act of 1936 to require the interest rates on loans and advances under such Act to equal the coupon equivalent yield on Treasury obligations of comparable maturity at the most recent Treasury auction.  Provides for loan origination fees from borrowers of loans made under such Act. 
Eliminates references to existing interest rates under such Act. 
(Sec. 203) Amends the National Forest Management Act of 1976 to eliminate below-cost timber sales from National Forest System lands. 
(Sec. 204) Repeals provisions of the Agricultural Trade Act of 1978 regarding the foreign market development cooperator program. 
(Sec. 205) Repeals provisions of the Food, Agriculture, Conservation, and Trade Act of 1990 regarding the Cochran Fellowship Program. 
(Sec. 206) Prohibits the NASA Administrator from obligating funds for the Advanced Subsonic Technology Program, High-Speed Research, or the National Aeronautics Facility. 
(Sec. 207) Repeals the Appalachian Regional Development Act of 1965 effective September 30, 1999. 
(Sec. 208) Amends the Tennessee Valley Authority Act of 1933 to prohibit the authorization of appropriations to carry out such Act after September 30, 1999. 
Title III: Entitlements
 - Requires, for any arrangement for the sale of electric power entered into by a Federal Power Marketing Administration after October 1, 1999, that: (1) the rate for the sale of power be the market rate established by competitive bidding and no discount be provided to any purchaser; and (2) no entity be entitled to any preference or priority right to contract for or purchase such power. 
Makes certain provisions of the Pacific Northwest Electric Power Planning and Conservation Act regarding a residential power exchange program inapplicable to arrangements for the purchase or sale of electric power entered into after October 1, 1999. 
Prohibits Federal Power Marketing Administrations from entering into or renewing a power marketing contract for a term that exceeds five years. 
(Sec. 302) Repeals provisions of the Agricultural Trade Act of 1978 regarding a market access program. 
(Sec. 303) Amends the Agricultural Act of 1949 to extend and increase tobacco price support program marketing assessments on producers, purchasers, and importers.
Output: To reduce Federal spending in several programs.