Imágenes de páginas
PDF
EPUB

rowed funds, including through the issu- (such as the power to tax or to regulate
ance of promissory notes or other mone- interstate commerce);
tary credits;

(ii) does not have the power to commit (u) contract authority, which means

the Government financially (but it may be the making of funds available for obligation but not for expenditure; and

a recipient of a loan guarantee commitment

made by the Government); and (iv) offsetting receipts and collections as negative budget authority, and the reduc

(iii) has employees whose salaries and extion thereof as positive budget authority. penses are paid by the enterprise and are

not Federal employees subject to title 5. (B) LIMITATIONS ON BUDGET AUTHORITY.With respect to the Federal Hospital Insur

[See main edition for text of (9) and (10)] ance Trust Fund, the Supplementary Medical Insurance Trust Fund, the Unemploy

(Pub. L. 93-344, 83, July 12, 1974, 88 Stat. 299; ment Trust Fund, and the railroad retire

Aug. 1, 1946, ch. 724, title I, § 302(c), as added ment account, any amount that is precluded

Aug. 30, 1954, ch. 1073, § 1, as added Pub. L. from obligation in a fiscal year by a provi

95-110, § 1, Sept. 20, 1977, 91 Stat. 884, renumsion of law (such as a limitation or a benefit

bered title I, Pub. L. 102-486, title IX, formula) shall not be budget authority in that year.

$ 902(a)(8), Oct. 24, 1992, 106 Stat. 2944; Pub. L. (C) NEW BUDGET AUTHORITY.-The term

99-177, title II, 88 201(a), 232(b), Dec. 12, 1985, “new budget authority" means, with respect

99 Stat. 1039, 1062; Pub. L. 99-514, § 2, Oct. 22, to a fiscal year

1986, 100 Stat. 2095; Pub. L. 100-119, title I, (1) budget authority that first becomes

$ 106(a), Sept. 29, 1987, 101 Stat. 780; Pub. L. available for obligation in that year, in

100-203, title VIII, § 8003(c), Dec. 22, 1987, 101 cluding budget authority that becomes Stat. 1330-282; Pub. L. 101-508, title XIII, available in that year si a result of a $$ 13112(a)(2), 13201(b)(1), 13211(a), Nov. 5, reappropriation; or

1990, 104 Stat. 1388-607, 1388-614, 1388-620.) (ii) a change in any account in the availability of unobligated balances of budget

AMENDMENTS authority carried over from a prior year,

1990—Par. (2). Pub. L. 101-508, $ 13211(a), amended resulting from a provision of law first ef

par. (2) generally. Prior to amendment, par. (2) read as fective in that year;

follows: "The term 'budget authority' means authority and includes a change in the estimated level provided by law to enter into obligations which will of new budget authority provided in indefi- result in immediate or future outlays involving Govnite amounts by existing law.

ernment funds or to collect offsetting receipts., except

that such term does not include authority to insure or [See main edition for text of (3) to (5)] guarantee the repayment of indebtedness incurred by

another person or government. The term includes the (6) The term “deficit" means, with respect

cost for direct loan and loan guarantee programs, as to a fiscal year, the amount by which outlays

those terms are defined by subchapter III of this exceeds 2 receipts during that year.

chapter". (7) The term "surplus” means, with respect

Pub. L. 101-508, § 13201(b)(1), inserted at end: "The to a fiscal year, the amount by which receipts

term includes the cost for direct loan and loan guaranexceeds 2 outlays during that year.

tee programs, as those terms are defined by subchap(8) The term “government-sponsored enter- ter III of this chapter". prise” means a corporate entity created by a

Pars. (6) to (8). Pub. L. 101-508, § 13112(a)2), added law of the United States that,

pars. (6) to (8) and struck out former par. (6) which (A)(i) has a Federal charter authorized by defined “deficit" and contained provisions relating to law;

calculation of the deficit, former par. (7) which de(ii) is privately owned, as evidenced by fined "maximum deficit amount”, and former par. (8) capital stock owned by private entities or in- which defined “off-budget Federal entity". dividuals; (iii) is under the direction of a board of di

EFFECTIVE DATE OF 1990 AMENDMENT rectors, a majority of which is elected by

Section 13211(b) of Pub. L. 101-508 provided that: private owners;

"The amendment made by subsection (a) (amending (iv) is a financial institution with power

this section) shall be effective for fiscal year 1992 and to

subsequent fiscal years." (I) make loans or loan guarantees for limited purposes such as to provide credit

EFFECTIVE DATE OF 1985 AMENDMENT for specific borrowers or one sector; and (II) raise funds by borrowing (which

Amendment by sections 201(aX1) and 232(b) of Pub. does not carry the full faith and credit of

L. 99-177 effective Dec. 12, 1985, and applicable with the Federal Government) or to guarantee

respect to fiscal years beginning after Sept. 30, 1985, the debt of others in unlimited amounts;

and amendment by section 201(a)(2) of Pub. L. 99-177 and

effective Apr. 15, 1986, see section 275(aX1), (2XA) of

Pub. L. 99-177, as amended, set out as an Effective and (B)(i) does not exercise powers that are Termination Dates note under section 900 of this title. reserved to the Government as sovereign

SECTION REFERRED TO IN OTHER SECTIONS * So in original. Probably should be "as".

This section is referred to in sections 652, 900 of this 80 in original. Probably should be “exceed".

title; title 39 section 2009a.

[blocks in formation]
[ocr errors][merged small][ocr errors]

survivors, and disability insurance program established under title II of the Social Security Act [42 U.S.C. 401 et seq.) for the fiscal year of the resolution and for each of the 4 succeeding fiscal years; and

(7) For’ purposes of Senate enforcement under this subchapter, revenues of the oldage, survivors, and disability insurance program established under title II of the Social Security Act (and the related provisions of the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.)) for the fiscal year of the resolution

and for each of the 4 succeeding fiscal years. The concurrent resolution shall not include the outlays and revenue totals of the old age,2 survivors, and disability insurance program established under title II of the Social Security Act or the related provisions of the Internal Revenue Code of 1986 in the surplus or deficit totals required by this subsection or in any other surplus or deficit totals required by this subchapter.

299, Aded

IX

April 1 .........

985

22, el,

8 631. Timetable

The timetable with respect to the congressional budget process for any fiscal year is as follows: On or before:

Action to be completed: First Monday in President submits his February.

budget. February 15..

Congressional Budget Of.

fice submits report to

Budget Committees. February 25.

Committees submit views

and estimates to Budget

Committees.
Senate Budget Committee

reports concurrent resolu

tion on the budget. April 15

Congress completes action

on concurrent resolution

on the budget. May 15............

Annual appropriation bills

may be considered in the

House. June 10...........

House Appropriations Com

mittee reports last annual

appropriation bill. June 15...........

Congress completes action

on reconciliation legisla

tion. June 30..

House completes action on

annual appropriation

bills. October 1............ Fiscal year begins. (As amended Pub. L. 101-508, title XIII, $ 13112(a)(4), Nov. 5, 1990, 104 Stat. 1388-608.)

101 III,

(b) Additional matters in concurrent resolution

The concurrent resolution on the budget may

[merged small][ocr errors][ocr errors][ocr errors][merged small][merged small][ocr errors][ocr errors]

AMENDMENTS 1990—Pub. L. 101-508 substituted “First Monday in February" for "First Monday after January 3".

[ocr errors][ocr errors][ocr errors]

8 632. Annual adoption of concurrent resolution on

the budget

ed h

[See main edition for text of (1) and (2)]

(3) require a procedure under which all or certain bills or resolutions providing new budget authority or new entitlement author. ity for such fiscal year shall not be enrolled until the Congress has completed action on any reconciliation bill or reconciliation resolu. tion or both required by such concurrent resolution to be reported in accordance with section 641(b) of this title;

(4) set forth such other matters, and require such other procedures, relating to the budget, as may be appropriate to carry out the purposes of this Act;

(5) include a heading entitled “Debt Increase as Measure of Deficit" in which the concurrent resolution shall set forth the amounts by which the debt subject to limit (in section 3101 of title 31) has increased or would increase in each of the relevant fiscal years;

(6) include a heading entitled “Display of Federal Retirement Trust Fund Balances" in which the concurrent resolution shall set forth the balances of the Federal retirement trust funds;

(7) set forth pay-as-you-go procedures for the Senate whereby

(A) budget authority and outlays may be allocated to a committee for legislation that increases funding for entitlement and mandatory spending programs within its jurisdiction if that committee or the committee of conference on such legislation reports such legislation, if, to the extent that the costs of such legislation are not included in the concurrent resolution on the budget, the enactment of such legislation will not increase the deficit (by virtue of either deficit reduction in the bill or previously passed

[ocr errors]

(a) Content of concurrent resolution on the budget

On or before April 15 of each year, the Congress shall complete action on a concurrent resolution on the budget for the fiscal year beginning on October 1 of such year. The concurrent resolution shall set forth appropriate levels for the fiscal year beginning on October 1 of such year, and planning levels for each of the two ensuing fiscal years, for the following

3)

[See main edition for text of (1) to (3)] (4) new budget authority, budget outlays, direct loan obligations, and primary loan guarantee commitments for each major functional category, based on allocations of the total levels set forth pursuant to paragraph (1);

(5) the public debt;

(6) For’ purposes of Senate enforcement under this subchapter, outlays of the old-age,

80 in original. Probably should not be capitalized.

So in original. Probably should be "old-age,".

deficit reduction) in the resolution for the members of the Joint Economic Committee first fiscal year covered by the concurrent under subsection (d) of this section may be conresolution on the budget, and will not in- sidered by the Committee on the Budget of crease the total deficit for the period of each House as part of its consideration of such fiscal years covered by the concurrent reso- concurrent resolution, and its report may re. lution on the budget;

flect its views thereon, including its views on (B) upon the reporting of legislation pur- how the estimates of revenues and levels of suant to subparagraph (A), and again upon budget authority and outlays set forth in such the submission of a conference report on concurrent resolution are designed to achieve such legislation (if a conference report is any goals it is recommending. The report submitted), the chairman of the Committee accompanying such concurrent resolution shall on the Budget of the Senate may file with include, but not be limited tothe Senate appropriately revised allocations under section 633(a) of this title and revised [See main edition for text of (1) to (7)] functional levels and aggregates to carry out this paragraph;

(8) information, data, and comparisons indi(C) such revised allocations, functional cating the manner in which, and the basis on levels, and aggregates shall be considered which, the committee determined each of the for the purposes of this Act as allocations, matters set forth in the concurrent resolufunctional levels, and aggregates contained

tion; and in the concurrent resolution on the budget; (9) allocations described in section 633(a) of and

this title. (D) the appropriate committee shall (10) Omitted. report appropriately revised allocations pursuant to section 633(b) of this title to carry [See main edition for text of o to (h)] out this paragraph; and (8) set forth procedures to effectuate pay

(i) Social Security revenues; excess over outlays; pro

hibition on decrease as-you-go in the House of Representatives.

It shall not be in order in the Senate to con[See main edition for text of (c)]

sider any concurrent resolution on the budget (d) Views and estimates of other committees

as reported to the Senate that would decrease Within 6 weeks after the President submits a

the excess of social security revenues over budget under section 1105(a) of title 31, each

social security outlays in any of the fiscal years

covered by committee of the House of Representatives

the concurrent resolution. No

change in chapter 1 of the Internal Revenue having legislative jurisdiction shall submit to

Code of 1986 (26 U.S.C. 1 et seq.) shall be treatthe Committee on the Budget of the House and each committee of the Senate having legislative

ed as affecting the amount of social security jurisdiction shall submit to the Committee on

revenues unless such provision changes the the Bu

income tax treatment of social security beneet of the Senate its views and esti

fits. mates (as determined by the committee making such submission) with respect to all matters set (As amended Pub. L. 101-508, title XIII, forth in subsections (a) and (b) of this section $$ 13112(a)(5), 13203, 13204, 13301(b), 13303(a), which relate to matters within the jurisdiction (b), Nov. 5, 1990, 104 Stat. 1388-608, 1388-615, or functions of such committee. The Joint Eco- 1388-616, 1388-623, 1388-625.) nomic Committee shall submit to the Committees on the Budget of both Houses its recom

REFERENCES IN TEXT mendations as to the fiscal policy appropriate

The Social Security Act, referred to in subsec. (a), is to the goals of the Employment Act of 1946 (15

act Aug. 14, 1935, ch. 531, 49 Stat. 620, as amended. U.S.C. 1021 et seq.). Any other committee of Title II of the Social Security Act is classified generalthe House of Repre tatives or the Senate ly to subchapter II (8 401 et seq.) of chapter 7 of Title may submit to the Committee on the Budget of 42, The Public Health and Welfare. For complete clasits House, and any joint committee of the Con

sification of this Act to the Code, see section 1305 of gress may submit to the Committees on the

Title 42 and Tables. Budget of both Houses, its views and estimates

The Internal Revenue Code of 1986, referred to in with respect to all matters set forth in subsec

subsecs. (a) and (i), is classified generally to Title 26,

Internal Revenue Code. tions (a) and (b) of this section which relate to

This Act, referred to in subsec. (b)(4), (7)(C), means matters within its jurisdiction or functions.

Pub. L. 93-344, July 12, 1974, 88 Stat. 297, as amended, (e) Hearings and report

known as the Congressional Budget and Impoundment In developing the concurrent resolution on

Control Act of 1974, which enacted chapters 17, 17A

and 17B, and section 190a-3 of this title and sections the budget referred to in subsection (a) of this lla, 11c, 110, 1020a of former Title 31, Money and F4section for each fiscal year, the Committee on nance, amended sections 11, 665, 701, 1020, 1151, 1152, the Budget of each House shall hold hearings 1153 and 1154 of former Title 31, section 105 of Title 1, and shall receive testimony from Members of General Provisions, sections 1906 and 190d of this Congress and such appropriate representatives title, repealed sections 571 and 581c-1 of former Title of Federal departments and agencies, the gen.

31 and sections 66 and 81 of this title, and enacted proeral public, and national organizations as the

visions set out as notes under sections 190a-1, 621, 632, committee deems desirable. Each of the recom

and 682 of this title, section 105 of Title 1, and section mendations as to short-term and medium-term

1020 of former Title 31. For complete classification of

this Act to the Code, see Short Title note set out goals set forth in the report submitted by the under section 621 of this title and Tables.

mmittee

be con adget of

of such may not iews on

CODIFICATION Subsec. (e)(10) of this section is omitted to reflect termination of amendment by section 5303 of Pub. L. 100_418, see Effective and Termination Dates of 1988 Amendment note.

evels of
in such
zachieve

report

[merged small][ocr errors][merged small][merged small][ocr errors][merged small]

AMENDMENTS 1990–Subsec. (a). Pub. L. 101-508, § 13301(b), inserted at end: "The concurrent resolution shall not include the outlays and revenue totals of the old age, survivors, and disability insurance program established under title II of the Social Security Act or the related provisions of the Internal Revenue Code of 1986 in the surplus or deficit totals required by this subsection or in any other surplus or deficit totals required by this subchapter."

Subsec. (a)(6), (7). Pub. L. 101-508, § 13303(a), added pars. (6) and (7).

Subsec. (b)(5), (6). Pub. L. 101-508, § 13203, added pars. (5) and (6).

Subsec. (b)(7), (8). Pub. L. 101-508, $ 13204, added pars. (7) and (8).

Subsec. (d). Pub. L. 101-508, § 13112(a)(5), substituted "Within 6 weeks after the President submits a budget under section 1105(a) of title 31" for "On or before February 25 of each year".

Subsec. (1). Pub. L. 101-508, § 13303(b), amended subsec. (1) generally, substituting present provisions for former provisions relating to maximum deficit amounts.

EFFECTIVE DATE OF 1990 AMENDMENT Section 13306 of Pub. L. 101-508 provided that: "Sections 13301, 13302, and 13303 and any amendments made by such sections (amending this section and sections 633 and 642 of this title and enacting provisions set out as notes under this section) shall apply with respect to fiscal years beginning on or after October 1, 1990. Section 13304 (amending section 401 of Title 42, The Public Health and Welfare) shall be effective for annual reports of the Board of Trustees issued in or after calendar year 1991."

EFFECTIVE DATE OF 1985 AMENDMENT Amendment by Pub. L. 99-177 effective Dec. 12, 1985, and applicable with respect to fiscal years beginning after Sept. 30, 1985, see section 275(a)(1) of Pub. L 99-177, set out as an Effective and Termination Dates note under section 900 of this title. EXCLUSION OF SOCIAL SECURITY FROM ALL BUDGETS

Section 13301(a) of Pub. L. 101-508 provided that: "Notwithstanding any other provision of law, the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund shall not be counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of

"(1) the budget of the United States Government as submitted by the President,

"(2) the congressional budget, or

"(3) the Balanced Budget and Emergency Deficit Control Act of 1985 (see Short Title note set out under section 900 of this title)." PROTECTION OF OASDI TRUST FUNDS IN HOUSE OF

REPRESENTATIVES Section 13302 of Pub. L. 101-508 provided that: “(a) IN GENERAL.-It shall not be in order in the House of Representatives to consider any bill or joint resolution, as reported, or any amendment thereto or conference report thereon, if, upon enactment

"(1)(A) such legislation under consideration would provide for a net increase in OASDI benefits of at least 0.02 percent of the present value of future taxable payroll for the 75-year period utilized in the most recent annual report of the Board of Trustees provided pursuant to section 201(c)(2) of the Social

Security Act (42 U.S.C. 401(c)2)), and (B) such legislation under consideration does not provide at least a net increase, for such 75-year period, in QASDI taxes of the amount by which the net increase in such benefits exceeds 0.02 percent of the present value of future taxable payroll for such 75-year period,

"(2)(A) such legislation under consideration would provide for a net increase in OASDI benefits (for the 5-year estimating period for such legislation under consideration), (B) such net increase, together with the net increases in OASDI benefits resulting from previous legislation enacted during that fiscal year or any of the previous 4 fiscal years (as estimated at the time of enactment) which are attributable to those portions of the 5-year estimating periods for such previous legislation that fall within the 5-year estimating period for such legislation under consideration, exceeds $250,000,000, and (C) such legislation under consideration does not provide at least a net increase, for the 5-year estimating period for such legislation under consideration, in OASDI taxes which, together with net increases in OASDI taxes resulting from such previous legislation which are attributable to those portions of the 5-year esti. mating periods for such previous legislation that fall within the 5-year estimating period for such legislation under consideration, equals the amount by which the net increase derived under subparagraph (B) exceeds $250,000,000;

(3)(A) such legislation under consideration would provide for a net decrease in OASDI taxes of at least 0.02 percent of the present value of future taxable payroll for the 75-year period utilized in the most recent annual report of the Board of Trustees provided pursuant to section 201(c)(2) of the Social Security Act, and (B) such legislation under consideration does not provide at least a net decrease, for such 75-year period, in OASDI benefits of the amount by which the net decrease in such taxes exceeds 0.02 percent of the present value of future taxable payroll for such 75-year period, or

"(4)(A) such legislation under consideration would provide for a net decrease in OASDI taxes (for the 5year estimating period for such legislation under consideration), (B) such net decrease, together with the net decreases in OASDI taxes resulting from previous legislation enacted during that fiscal year or any of the previous 4 fiscal years (as estimated at the time of enactment) which are attributable to those portions of the 5-year estimating periods for such previous legislation that fall within the 5-year estimating period for such legislation under consideration, exceeds $250,000,000, and (C) such legislation under consideration does not provide at least a net decrease, for the 5-year estimating period for such legislation under consideration, in QASDI benefits which, together with net decreases in QASDI benefits resulting from such previous legislation which are attributable to those portions of the 5year estimating periods for such previous legislation that fall within the 5-year estimating period for such legislation under consideration, equals the amount by which the net decrease derived under subparagraph (B) exceeds $250,000,000.

"(b) APPLICATION.-In applying paragraph (3) or (4) of subsection (a), any provision of any bill or joint resolution, as reported, or any amendment thereto, or conference report thereon, the effect of which is to provide for a net decrease for any period in taxes described in subsection (c)(2)(A) shall be disregarded if such bill, joint resolution, amendment, or conference report also includes a provision the effect of which is to provide for a net increase of at least an equivalent amount for such period in medicare taxes. "(c) DEFINITIONS.--For purposes of this subsection:

(1) The term 'OASDI benefits' means the benefits under the old-age, survivors, and disability insurance

[ocr errors][ocr errors][ocr errors][merged small][ocr errors]

programs under title II of the Social Security Act (1) the Committee on Appropriations of (42 U.S.C. 401 et seq.).

each House shall, after consulting with the “(2) The term 'OASDI taxes' means

Committee on Appropriations of the other “(A) the taxes imposed under sections 1401(a), 3101(a), and 3111(a) of the Internal Revenue Code

House, (A) subdivide among its subcommitof 1986 (26 U.S.C. 1401(a), 3101(a), 3111(a)), and

tees the allocation of budget outlays and new "(B) the taxes imposed under chapter 1 of such budget authority allocated to it in the joint Code (26 U.S.C. 1 et seq.) (to the extent attributa- explanatory statement accompanying the ble to section 86 of such Code (26 U.S.C. 86]).

conference report on such concurrent resolu"(3) The term 'medicare taxes' means the taxes im.

tion, and (B) further subdivide the amount posed under sections 1401(b), 3101(b), and 3111(b) of the Internal Revenue Code of 1986.

with respect to each such subcommittee be"(4) The term 'previous legislation' shall not in

tween controllable amounts and all other clude legislation enacted before fiscal year 1991.

amounts; and (5) The term '5-year estimating period' means, with respect to any legislation, the fiscal year in

[See main edition for text of (2)] which such legislation becomes or would become effective and the next 4 fiscal years.

Each such committee shall promptly report to "(6) No provision of any bill or resolution, or any its House the subdivisions made by it pursuant amendment thereto or conference report thereon, to this subsection. involving a change in chapter 1 of the Internal Revenue Code of 1986 shall be treated as affecting the

(c) Point of order amount of OASDI taxes referred to in paragraph It shall not be in order in the House of Repre(2)(B) unless such provision changes the income tax sentatives or the Senate to consider any bill, treatment of OASDI benefits."

joint resolution, amendment, motion, or conferSECTION REFERRED TO IN OTHER SECTIONS

ence report, providingThis section is referred to in sections 622, 633, 634,

(1) new budget authority for a fiscal year; 635, 636, 641, 655, 6654, 665e, 907d of this title; title 31

or section 1105.

(2) new spending authority as described in

section 651(c)(2) of this title for a fiscal year; 8 633. Committee allocations

within the jurisdiction of any committee which (a) Allocation of totals

has received an appropriate allocation of such (1) For the House of Representatives, the authority pursuant to subsection (a) of this secjoint explanatory statement accompanying a tion for such fiscal year, unless and until such conference report on a concurrent resolution on

committee makes the allocation or subdivisions the budget shall include an estimated alloca- required by subsection (b) of this section, in tion, based upon such concurrent resolution as connection with the most recently agreed to recommended in such conference report, of the concurrent resolution on the budget for such appropriate levels of total budget outlays, total

fiscal year. new budget authority, and total entitlement authority among each committee of the House of

[See main edition for text of (d) and (e)] Representatives which has jurisdiction over

(f) Legislation subject to point of order laws, bills and resolutions providing such new budget authority,' or such entitlement author

(1) In the House of Representatives ity. The allocation shall, for each committee, After the Congress has completed action on divide new budget authority,' and entitlement a concurrent resolution on the budget for a authority between amounts provided or re- fiscal year, it shall not be in order in the quired by law on the date of such conference House of Representatives to consider any bill, report (mandatory or uncontrollable amounts), joint resolution, or amendment providing new and amounts not so provided or required (dis- budget authority for such fiscal year or new cretionary or controllable amounts), and shall entitlement authority effective during such make the same division for estimated outlays fiscal year, or any conference report on any that would result from such new budget au- such bill or joint resolution, ifthority. (2) For the Senate, the joint explanatory

[See main edition for text of (A) to (C)] statement accompanying a conference report

would cause the appropriate allocation made on a concurrent resolution on the budget shall

pursuant to subsection (b) of this section for include an estimated allocation, based upon

such fiscal year of new discretionary budget such concurrent resolution as recommended in

authority or new entitlement authority to be such conference report, of the appropriate exceeded. levels of social security outlays for the fiscal year of the resolution and for each of the 4 suc

(2) In the Senate ceeding fiscal years, total budget outlays and At any time after the Congress has complettotal new budget authority among each com- ed action on the concurrent resolution on the mittee of the Senate which has jurisdiction budget required to be reported under section over bills and resolutions providing such new 632(a) of this title for a fiscal year, it shall budget authority.

not be in order in the Senate to consider any (b) Reports by committees

bill, joint resolution, amendment, motion, or

conference report, that provides for budget As soon as practicable after a concurrent resolution on the budget is agreed to

outlays, new budget authority, or new spend. ing authority (as defined in section 651(c)(2)

of this title) in excess of (A) the appropriate * So in original. The comma probably should not appear.

allocation of such outlays or authority report

[ocr errors]
« AnteriorContinuar »