[Pages S2654-S2663]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

SENATE CONCURRENT RESOLUTION 60--SETTING FORTH THE CONGRESSIONAL BUDGET
FOR THE UNITED STATES GOVERNMENT FOR FISCAL YEAR 2011, REVISING THE
APPROPRIATE BUDGETARY LEVELS FOR FISCAL YEAR 2010, AND SETTING FORTH
THE APPROPRIATE BUDGETARY LEVELS FOR FISCAL YEARS 2012 THROUGH 2015

Mr. CONRAD, from the Committee on the Budget, submitted the following
concurrent resolution; which was placed on the calendar:

S. Con. Res. 60

Resolved by the Senate (the House of Representatives
concurring),

SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL
YEAR 2011.

(a) Declaration.--Congress declares that this resolution is
the concurrent resolution on the budget for fiscal year 2011
and that this resolution sets forth the appropriate budgetary
levels for fiscal years 2010 and 2012 through 2015.
(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 2011.

TITLE I--RECOMMENDED LEVELS AND AMOUNTS

Sec. 101. Recommended levels and amounts.
Sec. 102. Social Security.
Sec. 103. Postal Service discretionary administrative expenses.
Sec. 104. Major functional categories.

TITLE II--RESERVE FUNDS

Sec. 201. Deficit-neutral reserve fund to promote employment and job
growth.
Sec. 202. Deficit-neutral reserve fund to further stabilize and improve
the regulation of the financial and housing sectors.
Sec. 203. Deficit-neutral reserve fund for tax relief and reform.
Sec. 204. Deficit-neutral reserve fund to invest in clean energy and
preserve the environment.
Sec. 205. Deficit-neutral reserve fund to assist working families and
children.
Sec. 206. Deficit-neutral reserve fund for investments in America's
infrastructure.
Sec. 207. Deficit-neutral reserve fund for America's veterans, and
returning and wounded servicemembers.
Sec. 208. Deficit-neutral reserve fund for higher education.
Sec. 209. Deficit-neutral reserve fund for health care.
Sec. 210. Deficit-neutral reserve fund for investments in our Nation's
counties and schools.
Sec. 211. Deficit-neutral reserve fund for the Federal judiciary.
Sec. 212. Deficit-reduction reserve fund for recommendations of the
National Commission on Fiscal Responsibility and Reform.
Sec. 213. Deficit-reduction reserve fund for improper payments.
Sec. 214. Deficit-reduction reserve fund for terminated programs.
Sec. 215. Deficit-neutral reserve fund for small business tax relief.
Sec. 216. Deficit-neutral reserve fund for greater accountability for
Recovery Act funding.
Sec. 217. Deficit-neutral reserve fund for greater accountability for
health care reform.

[[Page S2655]]

Sec. 218. Deficit-neutral reserve fund for reducing tax increases on
low- and middle-income Americans.
Sec. 219. Deficit-reduction reserve fund to promote corporate tax
fairness.
Sec. 220. Deficit-neutral reserve fund for reducing tax increases on
low- and middle-income Americans and protecting retirees.
Sec. 221. Deficit-neutral reserve fund taxpayer access to IRS appeals.
Sec. 222. Deficit-neutral reserve fund to make it more difficult for
corporations to influence elections.
Sec. 223. Deficit-neutral reserve fund to repeal deductions from
mineral revenue payments to States.
Sec. 224. Deficit-neutral reserve fund for increasing transparency
regarding foreign holders of United States debt and
assessing risks related to the Federal debt.

TITLE III--BUDGET PROCESS

Subtitle A--Budget Enforcement

Sec. 301. Discretionary spending limits for fiscal years 2010 through
2013, program integrity initiatives, and other
adjustments.
Sec. 302. Point of order against advance appropriations.
Sec. 303. Strengthened emergency designation.
Sec. 304. Adjustments for the extension of certain current policies.
Sec. 305. Extension of enforcement of budgetary points of order in the
Senate.
Sec. 306. Point of order establishing a 20 percent limit on new direct
spending in reconciliation legislation.

Subtitle B--Other Provisions

Sec. 311. Oversight of Government performance.
Sec. 312. Budgetary treatment of certain discretionary administrative
expenses.
Sec. 313. Application and effect of changes in allocations and
aggregates.
Sec. 314. Adjustments to reflect changes in concepts and definitions.
Sec. 315. Truth in debt.
Sec. 316. Truth in Debt Disclosures.
Sec. 317. Further disclosure of levels in this resolution.
Sec. 318. Exercise of rulemaking powers.

TITLE IV--RECONCILIATION

Sec. 401. Reconciliation in the Senate.

TITLE I--RECOMMENDED LEVELS AND AMOUNTS

SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

The following budgetary levels are appropriate for each of
fiscal years 2010 through 2015:
(1) Federal revenues.--For purposes of the enforcement of
this resolution:
(A) The recommended levels of Federal revenues are as
follows:
Fiscal year 2010: $1,510,918,000,000.
Fiscal year 2011: $1,838,044,000,000.
Fiscal year 2012: $2,024,391,000,000.
Fiscal year 2013: $2,376,016,000,000.
Fiscal year 2014: $2,586,079,000,000.
Fiscal year 2015: $2,744,932,000,000.
(B) The amounts by which the aggregate levels of Federal
revenues should be changed are as follows:
Fiscal year 2010: -$15,800,000,000.
Fiscal year 2011: -$159,549,000,000.
Fiscal year 2012: -$235,291,000,000.
Fiscal year 2013: -$118,180,000,000.
Fiscal year 2014: -$155,358,000,000.
Fiscal year 2015: -$111,377,000,000.
(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 2010: $3,010,959,000,000.
Fiscal year 2011: $3,126,966,000,000.
Fiscal year 2012: $2,943,394,000,000.
Fiscal year 2013: $3,082,922,000,000.
Fiscal year 2014: $3,290,175,000,000.
Fiscal year 2015: $3,466,385,000,000.
(3) Budget outlays.--For purposes of the enforcement of
this resolution, the appropriate levels of total budget
outlays are as follows:
Fiscal year 2010: $3,010,156,000,000.
Fiscal year 2011: $3,191,258,000,000.
Fiscal year 2012: $3,031,177,000,000.
Fiscal year 2013: $3,087,252,000,000.
Fiscal year 2014: $3,265,543,000,000.
Fiscal year 2015: $3,427,244,000,000.
(4) Deficits.--For purposes of the enforcement of this
resolution, the amounts of the deficits are as follows:
Fiscal year 2010: $1,499,238,000,000.
Fiscal year 2011: $1,353,214,000,000.
Fiscal year 2012: $1,006,786,000,000.
Fiscal year 2013: $711,236,000,000.
Fiscal year 2014: $679,464,000,000.
Fiscal year 2015: $682,312,000,000.
(5) Public debt.--Pursuant to section 301(a)(5) of the
Congressional Budget Act of 1974, the appropriate levels of
the public debt are as follows:
Fiscal year 2010: $13,532,565,000,000.
Fiscal year 2011: $14,751,676,000,000.
Fiscal year 2012: $15,874,006,000,000.
Fiscal year 2013: $16,689,903,000,000.
Fiscal year 2014: $17,457,336,000,000.
Fiscal year 2015: $18,244,046,000,000.
(6) Debt held by the public.--The appropriate levels of
debt held by the public are as follows:
Fiscal year 2010: $9,066,812,000,000.
Fiscal year 2011: $10,172,552,000,000.
Fiscal year 2012: $11,122,149,000,000.
Fiscal year 2013: $11,751,602,000,000.
Fiscal year 2014: $12,331,071,000,000.
Fiscal year 2015: $12,900,053,000,000.

SEC. 102. SOCIAL SECURITY.

(a) Social Security Revenues.--For purposes of Senate
enforcement under sections 302 and 311 of the Congressional
Budget Act of 1974, 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 2010: $641,486,000,000.
Fiscal year 2011: $672,571,000,000.
Fiscal year 2012: $710,359,000,000.
Fiscal year 2013: $754,842,000,000.
Fiscal year 2014: $798,824,000,000.
Fiscal year 2015: $838,280,000,000.
(b) Social Security Outlays.--For purposes of Senate
enforcement under sections 302 and 311 of the Congressional
Budget Act of 1974, 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 2010: $545,302,000,000.
Fiscal year 2011: $569,502,000,000.
Fiscal year 2012: $599,385,000,000.
Fiscal year 2013: $630,333,000,000.
Fiscal year 2014: $660,273,000,000.
Fiscal year 2015: $692,319,000,000.
(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 2010:
(A) New budget authority, $5,811,000,000.
(B) Outlays, $5,654,000,000.
Fiscal year 2011:
(A) New budget authority, $6,266,000,000.
(B) Outlays, $6,172,000,000.
Fiscal year 2012:
(A) New budget authority, $6,543,000,000.
(B) Outlays, $6,472,000,000.
Fiscal year 2013:
(A) New budget authority, $6,845,000,000.
(B) Outlays, $6,784,000,000.
Fiscal year 2014:
(A) New budget authority, $7,217,000,000.
(B) Outlays, $7,144,000,000.
Fiscal year 2015:
(A) New budget authority, $7,441,000,000.
(B) Outlays, $7,384,000,000.

SEC. 103. POSTAL SERVICE DISCRETIONARY ADMINISTRATIVE
EXPENSES.

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 2010:
(A) New budget authority, $258,000,000.
(B) Outlays, $258,000,000.
Fiscal year 2011:
(A) New budget authority, $258,000,000.
(B) Outlays, $258,000,000.
Fiscal year 2012:
(A) New budget authority, $247,000,000.
(B) Outlays, $248,000,000.
Fiscal year 2013:
(A) New budget authority, $239,000,000.
(B) Outlays, $239,000,000.
Fiscal year 2014:
(A) New budget authority, $244,000,000.
(B) Outlays, $244,000,000.
Fiscal year 2015:
(A) New budget authority, $251,000,000.
(B) Outlays, $251,000,000.

SEC. 104. MAJOR FUNCTIONAL CATEGORIES.

Congress determines and declares that the appropriate
levels of new budget authority and outlays for fiscal years
2010 through 2015 for each major functional category are:
(1) National Defense (050):
Fiscal year 2010:
(A) New budget authority, $723,239,000,000.
(B) Outlays, $702,700,000,000.
Fiscal year 2011:
(A) New budget authority, $738,866,000,000.
(B) Outlays, $739,429,000,000.
Fiscal year 2012:
(A) New budget authority, $647,206,000,000.
(B) Outlays, $699,652,000,000.
Fiscal year 2013:
(A) New budget authority, $662,503,000,000.
(B) Outlays, $674,828,000,000.
Fiscal year 2014:
(A) New budget authority, $678,995,000,000.
(B) Outlays, $672,525,000,000.
Fiscal year 2015:
(A) New budget authority, $697,856,000,000.
(B) Outlays, $684,639,000,000.
(2) International Affairs (150):
Fiscal year 2010:
(A) New budget authority, $68,728,000,000.
(B) Outlays, $47,180,000,000.
Fiscal year 2011:
(A) New budget authority, $57,499,000,000.
(B) Outlays, $51,345,000,000.
Fiscal year 2012:
(A) New budget authority, $60,566,000,000.
(B) Outlays, $56,737,000,000.
Fiscal year 2013:
(A) New budget authority, $60,823,000,000.
(B) Outlays, $59,532,000,000.
Fiscal year 2014:
(A) New budget authority, $61,546,000,000.
(B) Outlays, $62,624,000,000.
Fiscal year 2015:
(A) New budget authority, $62,584,000,000.
(B) Outlays, $64,778,000,000.
(3) General Science, Space, and Technology (250):
Fiscal year 2010:
(A) New budget authority, $31,081,000,000.
(B) Outlays, $31,673,000,000.
Fiscal year 2011:
(A) New budget authority, $31,793,000,000.

[[Page S2656]]

(B) Outlays, $32,281,000,000.
Fiscal year 2012:
(A) New budget authority, $32,080,000,000.
(B) Outlays, $32,072,000,000.
Fiscal year 2013:
(A) New budget authority, $32,746,000,000.
(B) Outlays, $32,096,000,000.
Fiscal year 2014:
(A) New budget authority, $33,547,000,000.
(B) Outlays, $32,496,000,000.
Fiscal year 2015:
(A) New budget authority, $33,934,000,000.
(B) Outlays, $32,792,000,000.
(4) Energy (270):
Fiscal year 2010:
(A) New budget authority, $7,860,000,000.
(B) Outlays, $10,090,000,000.
Fiscal year 2011:
(A) New budget authority, $10,801,000,000.
(B) Outlays, $14,715,000,000.
Fiscal year 2012:
(A) New budget authority, $9,281,000,000.
(B) Outlays, $16,907,000,000.
Fiscal year 2013:
(A) New budget authority, $6,697,000,000.
(B) Outlays, $12,988,000,000.
Fiscal year 2014:
(A) New budget authority, $5,710,000,000.
(B) Outlays, $10,506,000,000.
Fiscal year 2015:
(A) New budget authority, $5,118,000,000.
(B) Outlays, $6,991,000,000.
(5) Natural Resources and Environment (300):
Fiscal year 2010:
(A) New budget authority, $38,666,000,000.
(B) Outlays, $43,068,000,000.
Fiscal year 2011:
(A) New budget authority, $39,606,000,000.
(B) Outlays, $42,434,000,000.
Fiscal year 2012:
(A) New budget authority, $39,829,000,000.
(B) Outlays, $41,412,000,000.
Fiscal year 2013:
(A) New budget authority, $38,086,000,000.
(B) Outlays, $40,169,000,000.
Fiscal year 2014:
(A) New budget authority, $37,947,000,000.
(B) Outlays, $39,467,000,000.
Fiscal year 2015:
(A) New budget authority, $38,077,000,000.
(B) Outlays, $38,875,000,000.
(6) Agriculture (350):
Fiscal year 2010:
(A) New budget authority, $26,679,000,000.
(B) Outlays, $24,733,000,000.
Fiscal year 2011:
(A) New budget authority, $24,814,000,000.
(B) Outlays, $25,251,000,000.
Fiscal year 2012:
(A) New budget authority, $22,103,000,000.
(B) Outlays, $18,622,000,000.
Fiscal year 2013:
(A) New budget authority, $22,904,000,000.
(B) Outlays, $22,898,000,000.
Fiscal year 2014:
(A) New budget authority, $22,977,000,000.
(B) Outlays, $22,195,000,000.
Fiscal year 2015:
(A) New budget authority, $22,326,000,000.
(B) Outlays, $21,604,000,000.
(7) Commerce and Housing Credit (370):
Fiscal year 2010:
(A) New budget authority, -$44,238,000,000.
(B) Outlays, -$58,464,000,000.
Fiscal year 2011:
(A) New budget authority, $17,604,000,000.
(B) Outlays, $33,286,000,000.
Fiscal year 2012:
(A) New budget authority, $15,436,000,000.
(B) Outlays, $16,712,000,000.
Fiscal year 2013:
(A) New budget authority, $13,709,000,000.
(B) Outlays, -$2,502,000,000.
Fiscal year 2014:
(A) New budget authority, $12,308,000,000.
(B) Outlays, -$5,192,000,000.
Fiscal year 2015:
(A) New budget authority, $12,697,000,000.
(B) Outlays, -$5,122,000,000.
(8) Transportation (400):
Fiscal year 2010:
(A) New budget authority, $102,701,000,000.
(B) Outlays, $96,423,000,000.
Fiscal year 2011:
(A) New budget authority, $92,212,000,000.
(B) Outlays, $97,123,000,000.
Fiscal year 2012:
(A) New budget authority, $93,296,000,000.
(B) Outlays, $95,510,000,000.
Fiscal year 2013:
(A) New budget authority, $93,591,000,000.
(B) Outlays, $94,697,000,000.
Fiscal year 2014:
(A) New budget authority, $94,116,000,000.
(B) Outlays, $94,928,000,000.
Fiscal year 2015:
(A) New budget authority, $95,531,000,000.
(B) Outlays, $96,257,000,000.
(9) Community and Regional Development (450):
Fiscal year 2010:
(A) New budget authority, $23,655,000,000.
(B) Outlays, $25,733,000,000.
Fiscal year 2011:
(A) New budget authority, $18,229,000,000.
(B) Outlays, $28,188,000,000.
Fiscal year 2012:
(A) New budget authority, $18,132,000,000.
(B) Outlays, $26,505,000,000.
Fiscal year 2013:
(A) New budget authority, $17,913,000,000.
(B) Outlays, $23,875,000,000.
Fiscal year 2014:
(A) New budget authority, $18,341,000,000.
(B) Outlays, $21,562,000,000.
Fiscal year 2015:
(A) New budget authority, $18,779,000,000.
(B) Outlays, $20,272,000,000.
(10) Education, Training, Employment, and Social Services
(500):
Fiscal year 2010:
(A) New budget authority, $74,858,000,000.
(B) Outlays, $125,382,000,000.
Fiscal year 2011:
(A) New budget authority, $108,714,000,000.
(B) Outlays, $126,617,000,000.
Fiscal year 2012:
(A) New budget authority, $89,062,000,000.
(B) Outlays, $107,532,000,000.
Fiscal year 2013:
(A) New budget authority, $90,332,000,000.
(B) Outlays, $91,785,000,000.
Fiscal year 2014:
(A) New budget authority, $96,604,000,000.
(B) Outlays, $94,934,000,000.
Fiscal year 2015:
(A) New budget authority, $103,241,000,000.
(B) Outlays, $99,977,000,000.
(11) Health (550):
Fiscal year 2010:
(A) New budget authority, $376,818,000,000.
(B) Outlays, $374,857,000,000.
Fiscal year 2011:
(A) New budget authority, $363,156,000,000.
(B) Outlays, $366,382,000,000.
Fiscal year 2012:
(A) New budget authority, $358,813,000,000.
(B) Outlays, $357,921,000,000.
Fiscal year 2013:
(A) New budget authority, $370,831,000,000.
(B) Outlays, $362,911,000,000.
Fiscal year 2014:
(A) New budget authority, $433,616,000,000.
(B) Outlays, $423,637,000,000.
Fiscal year 2015:
(A) New budget authority, $489,176,000,000.
(B) Outlays, $478,715,000,000.
(12) Medicare (570):
Fiscal year 2010:
(A) New budget authority, $469,687,000,000.
(B) Outlays, $469,798,000,000.
Fiscal year 2011:
(A) New budget authority, $517,747,000,000.
(B) Outlays, $517,521,000,000.
Fiscal year 2012:
(A) New budget authority, $508,104,000,000.
(B) Outlays, $507,877,000,000.
Fiscal year 2013:
(A) New budget authority, $552,954,000,000.
(B) Outlays, $553,106,000,000.
Fiscal year 2014:
(A) New budget authority, $593,495,000,000.
(B) Outlays, $593,312,000,000.
Fiscal year 2015:
(A) New budget authority, $597,271,000,000.
(B) Outlays, $597,025,000,000.
(13) Income Security (600):
Fiscal year 2010:
(A) New budget authority, $618,514,000,000.
(B) Outlays, $622,845,000,000.
Fiscal year 2011:
(A) New budget authority, $555,845,000,000.
(B) Outlays, $558,611,000,000.
Fiscal year 2012:
(A) New budget authority, $486,754,000,000.
(B) Outlays, $489,375,000,000.
Fiscal year 2013:
(A) New budget authority, $481,503,000,000.
(B) Outlays, $482,546,000,000.
Fiscal year 2014:
(A) New budget authority, $490,478,000,000.
(B) Outlays, $489,688,000,000.
Fiscal year 2015:
(A) New budget authority, $505,301,000,000.
(B) Outlays, $503,905,000,000.
(14) Social Security (650):
Fiscal year 2010:
(A) New budget authority, $22,052,000,000.
(B) Outlays, $22,333,000,000.
Fiscal year 2011:
(A) New budget authority, $24,524,000,000.
(B) Outlays, $24,694,000,000.
Fiscal year 2012:
(A) New budget authority, $27,082,000,000.
(B) Outlays, $27,242,000,000.
Fiscal year 2013:
(A) New budget authority, $30,084,000,000.
(B) Outlays, $30,244,000,000.
Fiscal year 2014:
(A) New budget authority, $33,288,000,000.
(B) Outlays, $33,408,000,000.
Fiscal year 2015:
(A) New budget authority, $36,381,000,000.
(B) Outlays, $36,381,000,000.
(15) Veterans Benefits and Services (700):
Fiscal year 2010:
(A) New budget authority, $114,398,000,000.
(B) Outlays, $113,393,000,000.
Fiscal year 2011:
(A) New budget authority, $127,411,000,000.
(B) Outlays, $126,655,000,000.
Fiscal year 2012:
(A) New budget authority, $121,121,000,000.
(B) Outlays, $120,718,000,000.
Fiscal year 2013:
(A) New budget authority, $129,737,000,000.
(B) Outlays, $129,230,000,000.
Fiscal year 2014:
(A) New budget authority, $133,539,000,000.
(B) Outlays, $132,943,000,000.
Fiscal year 2015:
(A) New budget authority, $137,137,000,000.
(B) Outlays, $136,489,000,000.
(16) Administration of Justice (750):
Fiscal year 2010:
(A) New budget authority, $53,894,000,000.
(B) Outlays, $55,914,000,000.
Fiscal year 2011:
(A) New budget authority, $55,581,000,000.
(B) Outlays, $57,912,000,000.
Fiscal year 2012:
(A) New budget authority, $54,641,000,000.
(B) Outlays, $56,697,000,000.
Fiscal year 2013:
(A) New budget authority, $54,677,000,000.
(B) Outlays, $54,902,000,000.
Fiscal year 2014:
(A) New budget authority, $56,370,000,000.
(B) Outlays, $54,538,000,000.
Fiscal year 2015:
(A) New budget authority, $58,299,000,000.
(B) Outlays, $57,292,000,000.
(17) General Government (800):

[[Page S2657]]

Fiscal year 2010:
(A) New budget authority, $25,680,000,000.
(B) Outlays, $25,811,000,000.
Fiscal year 2011:
(A) New budget authority, $27,090,000,000.
(B) Outlays, $27,894,000,000.
Fiscal year 2012:
(A) New budget authority, $27,279,000,000.
(B) Outlays, $29,038,000,000.
Fiscal year 2013:
(A) New budget authority, $27,098,000,000.
(B) Outlays, $28,636,000,000.
Fiscal year 2014:
(A) New budget authority, $27,700,000,000.
(B) Outlays, $28,970,000,000.
Fiscal year 2015:
(A) New budget authority, $28,021,000,000.
(B) Outlays, $28,781,000,000.
(18) Net Interest (900):
Fiscal year 2010:
(A) New budget authority, $328,887,000,000.
(B) Outlays, $328,887,000,000.
Fiscal year 2011:
(A) New budget authority, $359,630,000,000.
(B) Outlays, $359,630,000,000.
Fiscal year 2012:
(A) New budget authority, $410,764,000,000.
(B) Outlays, $410,764,000,000.
Fiscal year 2013:
(A) New budget authority, $476,154,000,000.
(B) Outlays, $476,154,000,000.
Fiscal year 2014:
(A) New budget authority, $548,649,000,000.
(B) Outlays, $548,649,000,000.
Fiscal year 2015:
(A) New budget authority, $623,705,000,000.
(B) Outlays, $623,705,000,000.
(19) Allowances (920):
Fiscal year 2010:
(A) New budget authority, $12,416,000,000.
(B) Outlays, $12,416,000,000.
Fiscal year 2011:
(A) New budget authority, $26,818,000,000.
(B) Outlays, $32,264,000,000.
Fiscal year 2012:
(A) New budget authority, -$3,647,000,000.
(B) Outlays, -$5,608,000,000.
Fiscal year 2013:
(A) New budget authority, -$2,507,000,000.
(B) Outlays, -$3,930,000,000.
Fiscal year 2014:
(A) New budget authority, -$11,637,000,000.
(B) Outlays, -$8,233,000,000.
Fiscal year 2015:
(A) New budget authority, -$19,063,000,000.
(B) Outlays, -$16,126,000,000.
(20) Undistributed Offsetting Receipts (950):
Fiscal year 2010:
(A) New budget authority, -$64,616,000,000.
(B) Outlays, -$64,616,000,000.
Fiscal year 2011:
(A) New budget authority, -$70,974,000,000.
(B) Outlays, -$70,974,000,000.
Fiscal year 2012:
(A) New budget authority, -$74,508,000,000.
(B) Outlays, -$74,508,000,000.
Fiscal year 2013:
(A) New budget authority, -$76,913,000,000.
(B) Outlays, -$76,913,000,000.
Fiscal year 2014:
(A) New budget authority, -$77,414,000,000.
(B) Outlays, -$77,414,000,000.
Fiscal year 2015:
(A) New budget authority, -$79,986,000,000.
(B) Outlays, -$79,986,000,000.

TITLE II--RESERVE FUNDS

SEC. 201. DEFICIT-NEUTRAL RESERVE FUND TO PROMOTE EMPLOYMENT
AND JOB GROWTH.

(a) Employment and Job Growth.--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 and limits in this resolution for
one or more bills, joint resolutions, amendments, motions, or
conference reports related to employment and job growth, 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.
(b) Small Business Assistance.--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 for one or more
bills, joint resolutions, amendments, motions, or conference
reports that provide assistance to small businesses,
including increasing the availability of credit from banks or
credit unions, 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 2010 through 2015 or the period of the total of
fiscal years 2010 through 2020.
(c) Unemployment Relief.--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 for one or more bills, joint
resolutions, amendments, motions, or conference reports that
reduce the unemployment rate or provide assistance to the
unemployed, particularly in the States and localities with
the highest rates of unemployment, or improve the
implementation of the unemployment compensation 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.
(d) Trade.--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 for one or more bills, joint resolutions,
amendments, motions, or conference reports related to trade,
including Trade Adjustment Assistance 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.
(e) Manufacturing.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference
reports, including tax legislation, that revitalize and
strengthen the United States domestic manufacturing sector,
by the amounts provided in that legislation for those
purposes, provided that such legislation would not increase
the deficit over either the period of the total of fiscal
years 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020.
(f) Deficit-Neutral Reserve Fund for Improving Forest and
Watershed Health and Resiliency.--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 for one or more
bills, joint resolutions, amendments, motions, or conference
reports providing for a robust Federal investment in programs
that improve forest and watershed health and resiliency,
including programs that reduce the risk of forest fires,
insect or disease outbreaks, or the spread of invasive
species, thereby creating natural resource related jobs, 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.

SEC. 202. DEFICIT-NEUTRAL RESERVE FUND TO FURTHER STABILIZE
AND IMPROVE THE REGULATION OF THE FINANCIAL AND
HOUSING SECTORS.

SEC. 203. DEFICIT-NEUTRAL RESERVE FUND FOR TAX RELIEF AND
REFORM.

(a) Tax Relief.--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 by the amounts provided by one or
more bills, joint resolutions, amendments, motions, or
conference reports that provide tax relief, including but not
limited to extensions of expiring and expired tax relief or
refundable tax relief, by the amounts provided in that
legislation for those purposes, provided that the provisions
in such legislation other than those providing for the
extension of policies defined in section 304 (c)(2), (c)(3),
or (c)(4) of this concurrent resolution would not increase
the deficit over either the period of the total of fiscal
years 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020. Revisions made pursuant to this
subsection shall not include amounts associated with the
extension of policies defined in section 304 (c)(2), (c)(3),
or (c)(4) of this concurrent resolution.
(b) Tax Reform.--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 for one or more bills, joint
resolutions, amendments, motions, or conference reports that
would reform the Internal Revenue Code to ensure a
sustainable revenue base that lead to a fairer and more
efficient tax system and to a more competitive business
environment for United States enterprises, 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 2010 through
2015 or the period of the total of fiscal years 2010 through
2020.

SEC. 204. DEFICIT-NEUTRAL RESERVE FUND TO INVEST IN CLEAN
ENERGY AND PRESERVE THE ENVIRONMENT.

(a) Investing in Clean Energy and Preserving 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 and
limits in this resolution for one or more bills, joint
resolutions, amendments, motions, or conference reports
that--
(1) reduce our Nation's dependence on imported energy;
(2) promote renewable energy development or produce clean
energy jobs;
(3) accelerate the research, development, demonstration,
and deployment of advanced technologies to capture and store
carbon dioxide emissions from coal-fired power plants and
other industrial emission sources and to

[[Page S2658]]

use coal in an environmentally-acceptable manner;
(4) strengthen and retool manufacturing supply chains;
(5) promote clean energy financing;
(6) encourage conservation and efficiency or improve
electricity transmission;
(7) make improvements to the Low-Income Home Energy
Assistance Program;
(8) set aside additional funding from the Oil Spill
Liability Trust Fund for Arctic oil spill research;
(9) implement water settlements;
(10) provide additional resources for wildland fire
management activities; or
(11) preserve, restore, or protect the Nation's public
lands, oceans, coastal areas, or aquatic ecosystems;
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 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020. The legislation may include tax
provisions.
(b) Climate Change Legislation.--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 and limits in this resolution for
one or more bills, joint resolutions, amendments, motions, or
conference reports that would--
(1) invest in clean energy technology initiatives;
(2) decrease greenhouse gas emissions;
(3) create new jobs in a clean technology economy;
(4) strengthen the manufacturing competitiveness of the
United States;
(5) diversify the domestic clean energy supply to increase
the energy security of the United States;
(6) protect consumers (including policies that address
regional differences);
(7) provide incentives for cost-savings achieved through
energy efficiencies;
(8) provide voluntary opportunities for agriculture and
forestry communities to contribute to reducing the levels of
greenhouse gases in the atmosphere; or
(9) help families, workers, communities, and businesses
make the transition to a clean energy economy;
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 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020.

SEC. 205. DEFICIT-NEUTRAL RESERVE FUND TO ASSIST WORKING
FAMILIES AND CHILDREN.

(a) Child Nutrition and WIC.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
that reauthorize child nutrition programs or the Special
Supplemental Nutrition Program for Women, Infants, and
Children (the WIC 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 2010 through 2015 or the
period of the total of fiscal years 2010 through 2020.
(b) Income Support and Child 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 for one or more
bills, joint resolutions, amendments, motions, or conference
reports related to child care assistance for low-income
families, the Social Services Block Grant (SSBG), the
Temporary Assistance for Needy Families (TANF) program, child
support enforcement programs, or other assistance to low-
income 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 2010 through 2015 or the period of the total of
fiscal years 2010 through 2020.
(c) Housing Assistance.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
related to housing assistance, which may include low-income
rental assistance, or assistance provided through the Housing
Trust Fund created under section 1131 of the Housing and
Economic Recovery Act of 2008, 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 2010 through 2015 or the
period of the total of fiscal years 2010 through 2020.
(d) Child Welfare.--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 for one or more bills, joint
resolutions, amendments, motions, or conference reports
related to child welfare programs, which may include the
Federal foster care payment 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 2010 through 2015 or the
period of the total of fiscal years 2010 through 2020.

SEC. 206. DEFICIT-NEUTRAL RESERVE FUND FOR INVESTMENTS IN
AMERICA'S INFRASTRUCTURE.

(a) Infrastructure.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
that provide for Federal investment in America's
infrastructure, which may include projects for public
housing, energy, water, wastewater, transportation, freight
and passenger rail, or financing through Build America Bonds,
by the amounts provided in that legislation for those
purposes, provided that such legislation would not increase
the deficit over either the period of the total of fiscal
years 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020.
(b) Surface Transportation.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
that provide new contract authority paid out of the Highway
Trust Fund for surface transportation programs to the extent
such new contract authority is offset by an increase in
receipts to the Highway Trust Fund (excluding transfers from
the general fund of the Treasury into the Highway Trust Fund
not offset by a similar increase in receipts), by the amounts
provided in that legislation for those purposes, provided
further that such legislation would not increase the deficit
over either the period of the total of fiscal years 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.
(c) Multimodal Transportation Projects.--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 and limits in this resolution for
one or more bills, joint resolutions, amendments, motions, or
conference reports that authorize multimodal transportation
projects that include performance expectations, metrics, and
a schedule for reports on results by the amounts provided in
that legislation for those purposes, provided that such
legislation would not increase the deficit over either the
period of the total of fiscal years 2010 through 2015 or the
period of the total of fiscal years 2010 through 2020.
(d) Flood Control Projects and Insurance Reform.--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 and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference reports that provide for
levee or dam modernization, maintenance, repair, and
improvement, increase the resources available to prevent or
mitigate flooding or the damage caused by flooding, or
provide for flood insurance reform and modernization, 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.

SEC. 207. DEFICIT-NEUTRAL RESERVE FUND FOR AMERICA'S
VETERANS, AND RETURNING AND WOUNDED
SERVICEMEMBERS.

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
for one or more bills, joint resolutions, amendments,
motions, or conference reports that--
(1) expand the number of disabled military retirees who
receive both disability compensation and retired pay
(concurrent receipt);
(2) reduce or eliminate the offset between Survivor Benefit
Plan annuities and Veterans' Dependency and Indemnity
Compensation;
(3) enhance or maintain the affordability of health care
for military personnel, military retirees, or veterans;
(4) improve disability benefits or evaluations for wounded
or disabled military personnel or veterans (including
measures to expedite the claims process);
(5) allow Reserve Component servicemembers to remain on
active duty for a period of time after redeploying in order
to ease the adjustment from combat to civilian life; or
(6) expand veterans' benefits including for veterans living
in rural areas or for caregivers providing assistance to
veterans;

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 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020.

SEC. 208. DEFICIT-NEUTRAL RESERVE FUND FOR HIGHER EDUCATION.

[[Page S2659]]

the total of fiscal years 2010 through 2015 or the period of
the total of fiscal years 2010 through 2020. The legislation
may include tax provisions.

SEC. 209. DEFICIT-NEUTRAL RESERVE FUND FOR HEALTH CARE.

(a) Physician Reimbursement.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
that increase the reimbursement rate for physician services
under section 1848 (d) and (f) of the Social Security Act or
that include or expand financial incentives for physicians to
improve the quality and efficiency of items and services
furnished to Medicare beneficiaries through the use of
consensus-based quality measures, by the amounts provided in
such legislation for those purposes, provided that the
provisions in such legislation other than those providing for
the extension of policies defined in section 304(c)(1) of
this concurrent resolution would not increase the deficit
over either the period of the total of fiscal years 2010
through 2015 or the period of the total of fiscal years 2010
through 2020. Revisions made pursuant to this subsection
shall not include amounts associated with the extension of
policies defined in section 304(c)(1) of this concurrent
resolution.
(b) Health Care Workforce.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
that include measures to address shortages of nurses,
physicians, or in other health professions or to encourage
physicians to train in primary care, 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 2010 through 2015 or the
period of the total of fiscal years 2010 through 2020.
(c) Therapy Caps.--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 and limits in this resolution for one or more bills,
joint resolutions, amendments, motions, or conference reports
that protect access to outpatient therapy services (including
physical therapy, occupational therapy, and speech-language
pathology services) through measures such as repealing or
increasing the current outpatient therapy caps, 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.
(d) Extension of Expiring Health Care Policies.--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 and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference reports that extend
expiring Medicare, Medicaid, or other health 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.
(e) Benefits.--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 for one or more bills, joint resolutions,
amendments, motions, or conference reports making changes to
health or other benefits for federal workers, including
postal retiree health coverage, 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 2010 through 2015 or the
period of the total of fiscal years 2010 through 2020.

SEC. 210. DEFICIT-NEUTRAL RESERVE FUND FOR INVESTMENTS IN OUR
NATION'S COUNTIES AND SCHOOLS.

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 and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference reports that make changes
to or provide for the reauthorization of the Secure Rural
Schools and Community Self Determination Act of 2000 (Public
Law 106-393) or make changes to the Payments in Lieu of Taxes
Act of 1976 (Public Law 94-565), or both, by the amounts
provided by that legislation for those purposes, provided
that such legislation would not increase the deficit over
either the period of the total of fiscal years 2010 through
2015 or the period of the total of fiscal years 2010 through
2020.

SEC. 211. DEFICIT-NEUTRAL RESERVE FUND FOR THE FEDERAL
JUDICIARY.

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 and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference reports that authorize
salary adjustments for justices and judges of the United
States, or increase the number of Federal judgeships, 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 2010
through 2015 or the period of the total of fiscal years 2010
through 2020.

SEC. 212. DEFICIT-REDUCTION RESERVE FUND FOR RECOMMENDATIONS
OF THE NATIONAL COMMISSION ON FISCAL
RESPONSIBILITY AND REFORM.

Upon enactment of legislation containing recommendations in
the final report of the National Commission on Fiscal
Responsibility and Reform, established by Executive Order
13531 on February 18, 2010, that decreases the deficit over
either the period of the total of fiscal years 2010 through
2015 or the period of the total of fiscal years 2010 through
2020, the Chairman of the Committee on the Budget of the
Senate may--
(1) reduce the allocations of a committee or committees;
(2) revise aggregates and other appropriate levels and
limits in this resolution; and
(3) make adjustments to the Senate's pay-as-you-go ledger
over 6 and 11 years;

to ensure that the deficit reduction achieved by that
legislation is used for deficit reduction only, and is not
available as an offset for subsequent legislation.

SEC. 213. DEFICIT-REDUCTION RESERVE FUND FOR IMPROPER
PAYMENTS.

The Chairman of the Committee on the Budget of the Senate
may reduce the allocations of a committee or committees,
aggregates, and other appropriate levels and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference reports that achieve
savings by eliminating or reducing improper payments and use
such savings to reduce the deficit. The Chairman may also
make adjustments to the Senate's pay-as-you-go ledger over 6
and 11 years to ensure that the deficit reduction achieved is
used for deficit reduction only. The adjustments authorized
under this section shall be of the amount of deficit
reduction achieved.

SEC. 214. DEFICIT-REDUCTION RESERVE FUND FOR TERMINATED
PROGRAMS.

The Chairman of the Committee on the Budget of the Senate
shall reduce the discretionary spending limits, budgetary
aggregates, and allocations pursuant to section 302(a) of the
Congressional Budget Act of 1974, upon adoption by the Senate
of an amendment to--
(1) a bill or a joint resolution reported by the Committee
on Appropriations of the Senate or passed by the House of
Representatives;
(2) an amendment reported by the Committee on
Appropriations of the Senate; or
(3) an amendment between the Houses received from the House
of Representatives;

that achieves savings by eliminating the funding for any
discretionary program, project, or account recommended for
termination in the ``Terminations, Reductions, and Savings''
volume that accompanies the Budget of the United States
Government, submitted pursuant to section 1105 of title 31,
United States Code, for the budget year and prior 2 fiscal
years.

SEC. 215. DEFICIT-NEUTRAL RESERVE FUND FOR SMALL BUSINESS TAX
RELIEF.

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
for one or more bills, joint resolutions, amendments,
amendments between houses, motions or conference reports that
would protect business pass-through income from any increase
in the statutory 33 percent and 35 percent individual income
tax rates promulgated in the Economic Growth and Tax Relief
Reconciliation Act of 2001 (Public Law 107-16) and amended in
the Jobs and Growth Tax Relief Reconciliation Act of 2003
(Public Law 108-27) by the amounts provided in such
legislation for that purpose, provided that such legislation
would not increase the deficit over either the period of the
total of fiscal years 2010 through 2015 or the period of the
total fiscal years 2010 through 2020.

SEC. 216. DEFICIT-NEUTRAL RESERVE FUND FOR GREATER
ACCOUNTABILITY FOR RECOVERY ACT FUNDING.

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 and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference reports that would both
set performance measurements for Federal agencies that
distribute funding provided under the American Recovery and
Reinvestment Act of 2009 (Public Law 111-5) and toughen
reporting requirements on those who receive grants and
contracts under the American Recovery and Reinvestment Act of
2009, 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 2010 through 2015 or the period of the total of fiscal
years 2010 through 2020.

SEC. 217. DEFICIT-NEUTRAL RESERVE FUND FOR GREATER
ACCOUNTABILITY FOR HEALTH CARE REFORM.

[[Page S2660]]

and in the cost and quality of health care service delivery
under the Patient Protection and Affordable Care Act (Public
Law 111-148), and any amendments to that Act, 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 2010 through
2015 or the period of the total of fiscal years 2010 through
2020.

SEC. 218. DEFICIT-NEUTRAL RESERVE FUND FOR REDUCING TAX
INCREASES ON LOW- AND MIDDLE-INCOME 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
for one or more bills, joint resolutions, amendments,
amendments between houses, motions, or conference reports
that would delay any tax increases enacted under the Health
Care and Education Reconciliation Act of 2010 (Public Law
111-152), in combination with the Patient Protection and
Affordable Care Act (Public Law 111-148) (the ``Act''), until
January 1, 2014, when the major health care reform measures
included in the Act are effective, provided that such
legislation would not increase the deficit over either the
period of the total of fiscal years 2010 through 2015 or the
period of the total fiscal years 2010 through 2020.

SEC. 219. DEFICIT-REDUCTION RESERVE FUND TO PROMOTE CORPORATE
TAX FAIRNESS.

The Chairman of the Committee on the Budget of the Senate
may reduce the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution
for one or more bills, joint resolutions, amendments,
motions, or conference reports that achieve savings through
tax policies that ensure that large, profitable corporations
paying no Federal income taxes will pay their fair share and
use such savings to reduce the deficit. The Chairman may also
make adjustments to the Senate's pay-as-you-go ledger over 6
and 11 years to ensure that the deficit reduction achieved is
used for deficit reduction only. The adjustments authorized
under this section shall be of the amount of deficit
reduction achieved.

SEC. 220. DEFICIT-NEUTRAL RESERVE FUND FOR REDUCING TAX
INCREASES ON LOW- AND MIDDLE-INCOME AMERICANS
AND PROTECTING RETIREES.

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
for one or more bills, joint resolutions, amendments,
amendments between houses, motions, or conference reports
that would reduce the threshold for the itemized deduction
for unreimbursed medical expenses from 10 percent to 7.5
percent of adjusted gross income and to reinstate the
business deduction for expenses allocable to the Medicare
Part D employer subsidy, provided that such legislation would
not increase the deficit over either the period of the total
of fiscal years 2010 through 2015 or the period of the total
of fiscal years 2010 through 2020.

SEC. 221. DEFICIT-NEUTRAL RESERVE FUND TAXPAYER ACCESS TO IRS
APPEALS.

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
for one or more bills, joint resolutions, amendments,
amendments between houses, motions, or conference reports
that would redeploy existing resources of the Internal
Revenue Service to provide at least one full-time Internal
Revenue Service appeals officer and one full-time settlement
agent in every State, by the amounts provided in such
legislation for such purpose, provided that such legislation
would not increase the deficit over either the period of the
total of fiscal years 2010 through 2015 or the period of the
total of fiscal years 2010 through 2020.

SEC. 222. DEFICIT-NEUTRAL RESERVE FUND TO MAKE IT MORE
DIFFICULT FOR CORPORATIONS TO INFLUENCE
ELECTIONS.

SEC. 223. DEFICIT-NEUTRAL RESERVE FUND TO REPEAL DEDUCTIONS
FROM MINERAL REVENUE PAYMENTS TO STATES.

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
for one or more bills, joint resolutions, amendments,
amendments between houses, motions, or conference reports
that would repeal the requirement to deduct certain amounts
from onshore mineral revenues payable to States under the
heading ``administrative provisions'' under the heading
``Minerals Management Service'' under the heading
``DEPARTMENT OF THE INTERIOR'' of title I of division A under
the heading ``DEPARTMENT OF THE INTERIOR, ENVIRONMENT, AND
RELATED AGENCIES APPROPRIATIONS ACT, 2010'' of the Interior
Department and Further Continuing Appropriations, Fiscal Yeal
2010 (Public Law 111-88; 123 Stat. 2915), by the amounts
provided in such legislation for that purpose, provided that
such legislation would not increase the deficit over either
the period of the total of fiscal years 2010 through 2015 or
the period of the total of fiscal years 2010 through 2020.

SEC. 224. DEFICIT-NEUTRAL RESERVE FUND FOR INCREASING
TRANSPARENCY REGARDING FOREIGN HOLDERS OF
UNITED STATES DEBT AND ASSESSING RISKS RELATED
TO THE FEDERAL DEBT.

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
for one or more bills, joint resolutions, amendments,
motions, or conference reports that--
(1) improve transparency and reporting of foreign holdings
of United States debt;
(2) require the President to provide quarterly assessments
to Congress on the national security and economic risks posed
by current levels of foreign holders of United States debt;
(3) require the President to formulate and submit a plan of
action to reduce the risk to the national security and
economic stability of the United States; and
(4) require the Comptroller General of the United States to
provide Congress with an annual assessment of the national
security and economic risks posed by the debt;

TITLE III--BUDGET PROCESS

Subtitle A--Budget Enforcement

SEC. 301. DISCRETIONARY SPENDING LIMITS FOR FISCAL YEARS 2010
THROUGH 2013, PROGRAM INTEGRITY INITIATIVES,
AND OTHER ADJUSTMENTS.

(a) Senate Point of Order.--
(1) In general.--Except as otherwise provided in this
section, it shall not be in order in the Senate to consider
any bill or joint resolution (or amendment, motion, or
conference report on that bill or joint resolution) that
would cause the discretionary spending limits in this section
to be exceeded.
(2) Supermajority waiver and appeals.--
(A) Waiver.--This subsection may be waived or suspended in
the Senate only by the 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. 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.
(b) Senate Discretionary Spending Limits.--In the Senate
and as used in this section, the term ``discretionary
spending limit'' means--
(1) for fiscal year 2010, $1,226,211,000,000 in new budget
authority and $1,366,891,000,000 in outlays;
(2) for fiscal year 2011, $1,122,003,000,000 in new budget
authority and $1,313,271,000,000 in outlays;
(3) for fiscal year 2012, $1,150,570,000,000 in new budget
authority and $1,250,770,000,000 in outlays; and
(4) for fiscal year 2013, $1,171,007,000,000 in new budget
authority and $1,239,573,000,000 in outlays;

as adjusted in conformance with the adjustment procedures in
subsection (c).
(c) Adjustments in the Senate.--
(1) In general.--After the reporting of a bill or joint
resolution relating to any matter described in paragraph (2),
or the offering of an amendment or motion thereto or the
submission of a conference report thereon--
(A) the Chairman of the Committee on the Budget of the
Senate may adjust the discretionary spending limits,
budgetary aggregates, and allocations pursuant to section
302(a) of the Congressional Budget Act of 1974, by the amount
of new budget authority in that measure for that purpose and
the outlays flowing therefrom; and
(B) following any adjustment under subparagraph (A), the
Committee on Appropriations of the Senate may report
appropriately revised suballocations pursuant to section
302(b) of the Congressional Budget Act of 1974 to carry out
this subsection.
(2) Matters described.--Matters referred to in paragraph
(1) are as follows:
(A) Continuing disability reviews and ssi
redeterminations.--
(i) In general.--If a bill or joint resolution is reported
making appropriations in a fiscal year of the amounts
specified in clause (ii) for continuing disability reviews
and Supplemental Security Income redeterminations for the
Social Security Administration, and provides an additional
appropriation of an amount further specified in clause (ii)
for continuing disability reviews and Supplemental Security
Income redeterminations for the Social Security
Administration, then the discretionary spending limits,
allocation to the Committee on Appropriations of the Senate,
and aggregates for that year may be

[[Page S2661]]

adjusted by the amount in budget authority and outlays
flowing therefrom not to exceed the additional appropriation
provided in such legislation for that purpose for that fiscal
year.
(ii) Amounts specified.--The amounts specified are--

(I) for fiscal year 2011, an appropriation of $283,000,000,
and an additional appropriation of $513,000,000;
(II) for fiscal year 2012, an appropriation of
$294,000,000, and an additional appropriation of
$642,000,000; and
(III) for fiscal year 2013, an appropriation of
$305,000,000, and an additional appropriation of
$751,000,000.

(iii) Asset verification in 2011.--The additional
appropriation of $513,000,000 in 2011 may also provide that a
portion of that amount, not to exceed $10,000,000, may be
used to complete implementation of asset verification
initiatives.
(B) Internal revenue service tax enforcement.--
(i) In general.--If a bill or joint resolution is reported
making appropriations in a fiscal year to the Internal
Revenue Service of not less than the amounts specified in
clause (ii) for tax enforcement to address the Federal tax
gap (taxes owed but not paid), of which not less than the
amount further specified in clause (ii) shall be available
for additional or enhanced tax enforcement, or both, to
address the Federal tax gap, then the discretionary spending
limits, allocation to the Committee on Appropriations of the
Senate, and aggregates for that year may be adjusted by the
amount in budget authority and outlays flowing therefrom not
to exceed the amount of additional or enhanced tax
enforcement provided in such legislation for that fiscal
year.
(ii) Amounts specified.--The amounts specified are--

(I) for fiscal year 2011, an appropriation of
$8,235,000,000, of which not less than $1,115,000,000 is
available for additional or enhanced tax enforcement;
(II) for fiscal year 2012, an appropriation of
$8,744,000,000, of which not less than $1,357,000,000 is
available for additional or enhanced tax enforcement; and
(III) for fiscal year 2013, an appropriation of
$9,259,000,000, of which not less than $1,724,000,000 is
available for additional or enhanced tax enforcement.

(C) Health care fraud and abuse control.--
(i) In general.--If a bill or joint resolution is reported
making appropriations in a fiscal year of up to the amounts
specified in clause (ii) to the Health Care Fraud and Abuse
Control program at the Department of Health and Human
Services, then the discretionary spending limits, allocation
to the Committee on Appropriations of the Senate, and
aggregates for that year may be adjusted in an amount not to
exceed the amount in budget authority and outlays flowing
therefrom provided for that program for that fiscal year.
(ii) Amounts specified.--The amounts specified are--

(I) for fiscal year 2011, an appropriation of $561,000,000;
(II) for fiscal year 2012, an appropriation of
$589,000,000; and
(III) for fiscal year 2013, an appropriation of
$619,000,000.

(D) Unemployment insurance improper payment reviews.--
(i) In general.--If a bill or joint resolution is reported
making appropriations in a fiscal year of the amounts
specified in clause (ii) for in-person reemployment and
eligibility assessments and unemployment insurance improper
payment reviews, and provides an additional appropriation of
up to an amount further specified in clause (ii) for in-
person reemployment and eligibility assessments and
unemployment insurance improper payment reviews, then the
discretionary spending limits, allocation to the Committee on
Appropriations of the Senate, and aggregates for that year
may be adjusted by an amount in budget authority and outlays
flowing therefrom not to exceed the additional appropriation
provided in such legislation for that purpose for that fiscal
year.
(ii) Amounts specified.--The amounts specified are--

(I) for fiscal year 2011, an appropriation of $10,000,000,
and an additional appropriation of $55,000,000;
(II) for fiscal year 2012, an appropriation of $11,000,000,
and an additional appropriation of $60,000,000; and
(III) for fiscal year 2013, an appropriation of
$11,000,000, and an additional appropriation of $65,000,000.

(3) Adjustments to support ongoing overseas deployments and
other activities.--
(A) Adjustments.--The Chairman of the Committee on the
Budget of the Senate may adjust the discretionary spending
limits, allocations to the Committee on Appropriations of the
Senate, and aggregates for one or more--
(i) bills reported by the Committee on Appropriations of
the Senate or passed by the House of Representatives;
(ii) joint resolutions or amendments reported by the
Committee on Appropriations of the Senate;
(iii) amendments between the Houses received from the House
of Representatives or Senate amendments offered by the
authority of the Committee on Appropriations of the Senate;
or
(iv) conference reports;

making appropriations for overseas deployments and other
activities in the amounts specified in subparagraph (B),
provided that the Chairman shall not make any such adjustment
for a bill, joint resolution, amendment, amendment between
the Houses, or conference report that increases the on-budget
deficit over the period of the budget year and the ensuing 9
fiscal years following the budget year.
(B) Amounts specified.--The amounts specified are--
(i) for fiscal year 2010, $49,953,000,000 in new budget
authority and the outlays flowing therefrom;
(ii) for fiscal year 2011, $159,387,000,000 in new budget
authority and the outlays flowing therefrom;
(iii) for fiscal year 2012, $50,000,000,000 in new budget
authority and the outlays flowing therefrom; and
(iv) for fiscal year 2013, $50,000,000,000 in new budget
authority and the outlays flowing therefrom.

SEC. 302. POINT OF ORDER AGAINST ADVANCE APPROPRIATIONS.

(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, or conference report
that would provide an advance appropriation.
(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 2011 that first becomes available for any fiscal year
after 2011, or any new budget authority provided in a bill or
joint resolution making general appropriations or continuing
appropriations for fiscal year 2012, that first becomes
available for any fiscal year after 2012.
(b) Exceptions.--Advance appropriations may be provided--
(1) for fiscal years 2012 and 2013 for programs, projects,
activities, or accounts identified in the joint explanatory
statement of managers accompanying this 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 year;
(2) for the Corporation for Public Broadcasting; and
(3) for the Department of Veterans Affairs for the Medical
Services, Medical Support and Compliance, 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.
(e) 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 deemed 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) Inapplicability.--In the Senate, section 402 of S. Con.
Res. 13 (111th Congress) shall no longer apply.

SEC. 303. STRENGTHENED EMERGENCY DESIGNATION.

(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
subject to the provisions of subsection (c).
(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, or
conference report shall not count for purposes of sections
302 and 311 of the Congressional Budget Act of 1974, section
201 of S. Con. Res. 21 (110th Congress) (relating to pay-as-
you-go), section 311 of S. Con. Res. 70 (110th Congress)
(relating to long-term deficits), section 404 of S. Con. Res.
13 (111th Congress) (relating to short-term deficits), and
section 301 of this resolution (relating to discretionary
spending). 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

[[Page S2662]]

the Congressional Budget Act of 1974 for deficit-neutral
reserve funds and revising discretionary spending limits set
pursuant to section 301 of this resolution.
(c) Emergency Legislation Designation Requirements.--
(1) In general.--In the Senate, it shall not be in order to
consider any bill, joint resolution, motion, amendment, or
conference report that provides an emergency designation for
one or more provisions, for the purpose of section 4(g) of
the Statutory Pay-As-You-Go Act of 2010 (Public Law 111-139)
or this section of this resolution, unless each designation
is accompanied by an ``Affirmation of Emergency Designation''
document.
(2) Signed affirmation.--The ``Affirmation of Emergency
Designation'' document shall be filed with the Clerk of the
Senate at the time the matter is filed with the clerk, signed
by 16 Senators, affirming the emergency requirements as
follows: ``We, the undersigned Senators, in accordance with
the provisions of the Emergency Legislation Designation
Requirement, affirm that the matter meets the following
emergency requirements:
``(1) 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 subparagraph (B), unforeseen,
unpredictable, and unanticipated; and
``(E) not permanent, temporary in nature.
``(2) An emergency that is part of an aggregate level of
anticipated emergencies, particularly when normally estimated
in advance, is not unforeseen.''.
(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, 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.
(e) Emergency Designation Point of Order.--
(1) In general.--When the Senate is considering a bill,
resolution, amendment, motion, 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.
(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 deemed 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) 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.

SEC. 304. ADJUSTMENTS FOR THE EXTENSION OF CERTAIN CURRENT
POLICIES.

(a) Adjustment.--For the purposes of determining the points
of order specified in subsection (b), the Chairman of the
Committee on the Budget of the Senate may adjust the estimate
of the budgetary effects of a bill, joint resolution,
amendment, motion, or conference report that contains one or
more provisions meeting the criteria of subsection (c) to
exclude the amounts of qualifying budgetary effects.
(b) Covered Points of Order.--The Chairman of the Committee
on the Budget of the Senate may make adjustments pursuant to
this section for the following points of order only:
(1) Section 201 of S. Con. Res. 21 (110th Congress)
(relating to pay-as-you-go).
(2) Section 311 of S. Con. Res. 70 (110th Congress)
(relating to long-term deficits).
(3) Section 404 of S. Con. Res. 13 (111th Congress)
(relating to short-term deficits).
(c) Qualifying Legislation.--The Chairman of the Committee
on the Budget of the Senate may make adjustments authorized
under subsection (a) for legislation containing provisions
that--
(1) amend or supersede the system for updating payments
made under subsections 1848 (d) and (f) of the Social
Security Act, consistent with section 7(c) of the Statutory
Pay-As-You-Go Act of 2010 (Public Law 111-139);
(2) amend the Estate and Gift Tax under subtitle B of the
Internal Revenue Code of 1986, consistent with section 7(d)
of the Statutory Pay-As-You-Go Act of 2010;
(3) extend relief from the Alternative Minimum Tax for
individuals under sections 55-59 of the Internal Revenue Code
of 1986, consistent with section 7(e) of the Statutory Pay-
As-You-Go Act of 2010; or
(4) extend middle-class tax cuts made in the Economic
Growth and Tax Relief Reconciliation Act of 2001 (Public Law
107-16) and the Jobs and Growth Tax Relief and Reconciliation
Act of 2003 (Public Law 108-27), consistent with section 7(f)
of the Statutory Pay-As-You-Go Act of 2010.
(d) Limitation.--The Chairman shall make any adjustments
pursuant to this section in a manner consistent with the
limitations described in sections 4(c) and 7(h) of the
Statutory Pay-As-You-Go Act of 2010 (Public Law 111-139).
(e) Definition.--For the purposes of this section, the
terms ``budgetary effects'' or ``effects'' mean the amount by
which a provision changes direct spending or revenues
relative to the baseline.
(f) Sunset.--This section shall expire on December 31,
2011.

SEC. 305. EXTENSION OF ENFORCEMENT OF BUDGETARY POINTS OF
ORDER IN THE SENATE.

(a) Extension.--Notwithstanding any provision of the
Congressional Budget Act of 1974, subsections (c)(2) and
(d)(3) of section 904 of the Congressional Budget Act of 1974
shall remain in effect for purposes of Senate enforcement
through September 30, 2020.
(b) Repeal.--Section 205 of S. Con. Res. 21 (110th
Congress), the concurrent resolution on the budget for fiscal
year 2008, and section 403 of H. Con. Res. 95 (109th
Congress), the concurrent resolution on the budget for fiscal
year 2006, are repealed.

SEC. 306. POINT OF ORDER ESTABLISHING A 20 PERCENT LIMIT ON
NEW DIRECT SPENDING IN RECONCILIATION
LEGISLATION.

(a) In General.--In the Senate, it shall not be in order to
consider any reconciliation bill, joint resolution, motion,
amendment, or any conference report on, or an amendment
between the Houses in relation to, a reconciliation bill
pursuant to section 310 of the Congressional Budget Act of
1974, that produces an increase in outlays, if--
(1) the effect of all the provisions in the jurisdiction of
any committee is to create gross new direct spending that
exceeds 20 percent of the total savings instruction to the
committee; or
(2) the effect of the adoption of an amendment would result
in gross new direct spending that exceeds 20 percent of the
total savings instruction to the committee.
(b) Form of Point of Order.--
(1) In general.--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) Waiver and appeal.--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).
(3) Conference report.--If a point of order is sustained
under subsection (a) against a conference report in the
Senate, the report shall be disposed of as provided in
section 313(d) of the Congressional Budget Act of 1974.

Subtitle B--Other Provisions

SEC. 311. OVERSIGHT OF GOVERNMENT PERFORMANCE.

In the Senate, committees are requested to review programs
and tax expenditures in their jurisdiction, and provide in
the views and estimates reports required under section 301(d)
of the Congressional Budget Act of 1974 recommendations to
improve governmental performance and to reduce waste, fraud,
abuse, or program duplication. In their views and estimates
letters, committees should address matters for congressional
consideration identified in the Government Accountability
Office's High Risk list reports.

SEC. 312. BUDGETARY TREATMENT OF CERTAIN DISCRETIONARY
ADMINISTRATIVE EXPENSES.

In the Senate, 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 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

[[Page S2663]]

Act of 1974 to the Committees on Appropriations amounts for
the discretionary administrative expenses of the Social
Security Administration and of the Postal Service.

SEC. 313. 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 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.

SEC. 314. 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 (as in effect prior to September
30, 2002).

SEC. 315. TRUTH IN DEBT.

(a) In General.--It shall not be in order to consider a
budget resolution in the Senate unless it contains a ``Truth
in Debt Disclosure'' section with all, and only, the
following disclosures regarding debt for that resolution:

``SEC. __. TRUTH IN DEBT DISCLOSURE.

``(a) Gross Debt.--The levels assumed in this budget
resolution allow the gross Federal debt of the Nation to
rise/fall by $__ from the current year, fiscal year 20__, to
the fifth year of the budget window, fiscal year 20__.
``(b) Per Citizen.--The levels assumed in this budget
resolution allow the gross Federal debt of the Nation to
rise/fall by $__ on every citizen of the United States from
the current year, fiscal year 20__, to the fifth year of the
budget window, fiscal year 20__.
``(c) Five-Year Period.--The levels assumed in this budget
resolution project that $__ of the Social Security surplus
will be spent over the 5-year budget window, fiscal years
20__ through 20__, on things other than Social Security.''.
(b) Additional Matter.--If any portion of the Social
Security surplus is projected to be spent in any year or the
gross Federal debt in the fifth year of the budget window is
greater than the gross debt projected for the current year
(as described in section 101(5) of the resolution) then the
report, print, or statement of managers accompanying the
budget resolution shall contain a section that--
(1) details the circumstances making it in the national
interest to allow gross Federal debt to increase rather than
taking steps to reduce the debt; and
(2) provides a justification for allowing the surpluses in
the Social Security trust fund to be spent on other functions
of government even as the baby boom generation retires,
program costs are projected to rise dramatically, the debt
owed to Social Security is about to come due, and the trust
fund is projected to go insolvent.
(c) Definition.--In this section, the term ``gross Federal
debt'' means the nominal levels of (or changes in the levels
of) gross Federal debt (debt subject to limit as set out in
section 101(5) of the resolution) measured at the end of each
fiscal year during the period of the budget, not debt as a
percentage of GDP, and not levels relative to baseline
projections.
(d) Previous Resolutions.--It shall not be in order to
consider a budget resolution in the Senate unless it includes
a table that contains, for each of the previous 12 fiscal
years, the following information based on the budget
resolution for each such fiscal year:
(1) The amount by which the levels assumed in the budget
resolution allow the Federal debt of the Nation to rise or
fall.
(2) The amount by which the levels assumed in the budget
resolution allow the debt of the Federal debt of the Nation
to rise or fall on a per capita basis (including only
citizens of the United States).
(3) The amount of the Social Security surplus projected to
be spent over 5 years by the levels in the budget resolution.

SEC. 316. TRUTH IN DEBT DISCLOSURES.

(a) Gross Debt.--The levels assumed in this budget
resolution allow the gross Federal debt of the Nation to rise
by $4,710,000,000,000 from the current year, fiscal year
2010, to the fifth year of the budget window, fiscal year
2015.
(b) Per Citizen.--The levels assumed in this budget
resolution allow the gross Federal debt of the Nation to rise
by $15,250 on every citizen of the United States from the
current year, fiscal year 2010, to the fifth year of the
budget window, fiscal year 2015.

SEC. 317. FURTHER DISCLOSURE OF LEVELS IN THIS RESOLUTION.

The levels assumed in this budget resolution--
(1) cut spending as a percent of GDP by 11 percent;
(2) cut the deficit as percent of GDP by 70 percent; and
(3) cut taxes by $780,000,000,000.

SEC. 318. 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.

TITLE IV--RECONCILIATION

SEC. 401. RECONCILIATION IN THE SENATE.

(a) Deficit Reduction Instruction.--The Committee on
Finance shall report to the Senate a reconciliation bill or
resolution not later than September 23, 2010, that consists
of changes in laws, bills, or resolutions within its
jurisdiction to reduce the deficit by $2,000,000,000 for the
period of fiscal years 2010 through 2015.
(b) Statutory Debt Limit Instruction.--The Committee on
Finance shall report to the Senate a reconciliation bill or
resolution not later than December 10, 2010, that consists of
changes in laws, bills, or resolutions within its
jurisdiction to increase the statutory debt limit by an
amount no more than $50,000,000,000.

____________________