,,iv ,union ,cal5d> ,no4 #big #aac? ,,congress #b;d ,session ,h4 ,,con4 ,,res4 #if ,report ,no4 #aac-djc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #d1 #bjad ,mr4 ,ryan ( ,wiscons91 f ! ,committee on ! ,budget1 report$ ! foll[+ concurr5t resolution2 :i* 0 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union & ord]$ to be pr9t$ ,,concurr5t ,,resolution ,e/abli%+ ! budget = ! ,unit$ ,/ates ,gov]nm5t = fiscal ye> #bjae & sett+ =? appropriate budget>y levels = fiscal ye>s #bjaf ?r\gh #bjbd4 #a4 ,concurr5t resolution on ! budget = fiscal ye> #bjae 7a7 ,decl>ation ,! ,congress det]m9es & decl>es t ?is concurr5t resolution e/abli%es ! budget = fiscal ye> #bjae & sets =? appropriate budget>y levels = fiscal ye>s #bjaf ?r\gh #bjbd4 7b7 ,table ( ,cont5ts ,! table ( cont5ts = ?is concurr5t resolution is z foll[s3 ,sec4 #a4 ,concurr5t resolution on ! budget = fiscal ye> #bjae4 ,title ,i--,recomm5d$ levels & am\nts ,sec4 #aja4 ,recomm5d$ levels & am\nts4 ,sec4 #ajb4 ,major functional categories4 ,title ,,ii--,recomm5d$ ,long-,t]m ,levels ,sec4 #bja4 ,long-t]m budget+4 ,title ,,iii--,res]ve funds ,sec4 #cja4 ,res]ve fund = ! repeal ( ! #bjaj heal? c>e laws4 ,sec4 #cjb4 ,deficit-neutral res]ve fund = ! re=m ( ! #bjaj heal? c>e laws4 ,sec4 #cjc4 ,deficit-neutral res]ve fund relat$ to ! ,m$ic>e provisions ( ! #bjaj heal? c>e laws4 ,sec4 #cjd4 ,deficit-neutral res]ve fund = ! su/a9able gr[? rate ( ! ,m$ic>e program4 ,sec4 #cje4 ,deficit-neutral res]ve fund = re=m+ ! tax code4 ,sec4 #cjf4 ,deficit-neutral res]ve fund = trade agreem5ts4 ,sec4 #cjg4 ,deficit-neutral res]ve fund = rev5ue measures4 ,sec4 #cjh4 ,deficit-neutral res]ve fund = rural c\nties & s*ools4 ,sec4 #cji4 ,deficit-neutral res]ve fund = transportation4 ,sec4 #caj4 ,deficit-neutral res]ve fund to r$uce pov]ty & increase opportunity & upw>d mobility4 ,title ,,iv--,e/imates ( direct sp5d+ ,sec4 #dja4 ,direct sp5d+4 ,title ,v--,budget ,en=cem5t ,sec4 #eja4 ,limitation on advance appropriations4 ,sec4 #ejb4 ,concepts & def9itions4 ,sec4 #ejc4 ,adju/m5ts ( aggregates1 allocations1 & appropriate budget>y levels4 ,sec4 #ejd4 ,limitation on long-t]m sp5d+4 ,sec4 #eje4 ,budget>y treatm5t ( c]ta9 transactions4 ,sec4 #ejf4 ,application & effect ( *anges 9 allocations & aggregates4 ,sec4 #ejg4 ,congressional ,budget ,(fice e/imates4 ,sec4 #ejh4 ,transf]s f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund t increase public indebt$ness4 ,sec4 #eji4 ,sep>ate allocation = ov]seas cont+5cy op]ations_/global w> on t]rorism4 ,sec4 #eaj4 ,ex]cise ( rulemak+ p[]s4 ,title ,,vi--,policy /atem5ts ,sec4 #fja4 ,policy /atem5t on economic gr[? & job creation4 ,sec4 #fjb4 ,policy /atem5t on tax re=m4 ,sec4 #fjc4 ,policy /atem5t on replac+ ! ,presid5t's heal? c>e law4 ,sec4 #fjd4 ,policy /atem5t on ,m$ic>e4 ,sec4 #fje4 ,policy /atem5t on ,social ,security4 ,sec4 #fjf4 ,policy /atem5t on high] education & work=ce developm5t opportunity4 ,sec4 #fjg4 ,policy /atem5t on deficit r$uction ?r\gh ! cancellation ( unobligat$ balances4 ,sec4 #fjh4 ,policy /atem5t on responsible /ew>d%ip ( taxpay] doll>s4 ,sec4 #fji4 ,policy /atem5t on deficit r$uction ?r\gh ! r$uction ( unnecess>y & wa/eful sp5d+4 ,sec4 #faj4 ,policy /atem5t on unau?oriz$ sp5d+4 ,sec4 #faa4 ,policy /atem5t on ,f$]al regulatory policy4 ,sec4 #fab4 ,policy /atem5t on trade4 ,sec4 #fac4 ,no budget1 no pay4 ,i ,recomm5d$ levels & am\nts #aja4 ,recomm5d$ levels & am\nts ,! foll[+ budget>y levels are appropriate = ea* ( fiscal ye>s #bjae ?r\gh #bjbd3 7#a7 ,f$]al rev5ues ,= purposes ( ! en=cem5t ( ?is concurr5t resolution3 7,a7 ,! recomm5d$ levels ( ,f$]al rev5ues are z foll[s3 ,fiscal ye> #bjae3 #b1ecc1hda1jjj1jjj4;,fiscal ye> #bjaf3 #b1fgf1jch1jjj1jjj4;,fiscal ye> #bjag3 #b1ghi1dbc1jjj1jjj4;,fiscal ye> #bjah3 #b1hij1cjh1jjj1jjj4;,fiscal ye> #bjai3 #c1jad1fhe1jjj1jjj4;,fiscal ye> #bjbj3 #c1adh1fcg1jjj1jjj4;,fiscal ye> #bjba3 #c1bid1fej1jjj1jjj4;,fiscal ye> #bjbb3 #c1def1cdf1jjj1jjj4;,fiscal ye> #bjbc3 #c1fbf1eah1jjj1jjj4;,fiscal ye> #bjbd3 #c1hjg1deb1jjj1jjj4 7,b7 ,! am\nts by :i* ! aggregate levels ( ,f$]al rev5ues %\ld be *ang$ are z foll[s3 ,fiscal ye> #bjae3 #j4;,fiscal ye> #bjaf3 #j4;,fiscal ye> #bjag3 #j4;,fiscal ye> #bjah3 #j4;,fiscal ye> #bjai3 #j4;,fiscal ye> #bjbj3 #j4;,fiscal ye> #bjba3 #j4;,fiscal ye> #bjbb3 #j4;,fiscal ye> #bjbc3 #j4;,fiscal ye> #bjbd3 #j4 7#b7 ,new budget au?ority ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ! appropriate levels ( total new budget au?ority are z foll[s3 ,fiscal ye> #bjae3 #b1hdb1bbf1jjj1jjj4;,fiscal ye> #bjaf3 #b1heh1jei1jjj1jjj4;,fiscal ye> #bjag3 #b1ieg1cba1jjj1jjj4;,fiscal ye> #bjah3 #c1jei1daj1jjj1jjj4;,fiscal ye> #bjai3 #c1baj1ihg1jjj1jjj4;,fiscal ye> #bjbj3 #c1cfj1dce1jjj1jjj4;,fiscal ye> #bjba3 #c1dfj1ebd1jjj1jjj4;,fiscal ye> #bjbb3 #c1ehg1chj1jjj1jjj4;,fiscal ye> #bjbc3 #c1ffj1aea1jjj1jjj4;,fiscal ye> #bjbd3 #c1gjf1fie1jjj1jjj4 7#c7 ,budget outlays ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ! appropriate levels ( total budget outlays are z foll[s3 ,fiscal ye> #bjae3 #b1ibj1jbf1jjj1jjj4;,fiscal ye> #bjaf3 #b1hhi1dhd1jjj1jjj4;,fiscal ye> #bjag3 #b1idi1bfa1jjj1jjj4;,fiscal ye> #bjah3 #c1jcd1ggc1jjj1jjj4;,fiscal ye> #bjai3 #c1ahe1dgb1jjj1jjj4;,fiscal ye> #bjbj3 #c1cbj1ibg1jjj1jjj4;,fiscal ye> #bjba3 #c1dcc1cib1jjj1jjj4;,fiscal ye> #bjbb3 #c1egg1ifc1jjj1jjj4;,fiscal ye> #bjbc3 #c1fcb1fdb1jjj1jjj4;,fiscal ye> #bjbd3 #c1fgf1cgd1jjj1jjj4 7#d7 ,deficits 7on-budget7 ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ! am\nts ( ! deficits 7on-budget7 are z foll[s3 ,fiscal ye> #bjae3 -#chf1ahf1jjj1jjj4;,fiscal ye> #bjaf3 -#bac1ddf1jjj1jjj4;,fiscal ye> #bjag3 -#aei1hch1jjj1jjj4;,fiscal ye> #bjah3 -#add1dff1jjj1jjj4;,fiscal ye> #bjai3 -#agj1ghg1jjj1jjj4;,fiscal ye> #bjbj3 -#agb1bij1jjj1jjj4;,fiscal ye> #bjba3 -#ach1gda1jjj1jjj4;,fiscal ye> #bjbb3 -#aba1fag1jjj1jjj4;,fiscal ye> #bjbc3 -#f1abd1jjj1jjj4;,fiscal ye> #bjbd3 #aca1jgh1jjj1jjj4 7#e7 ,debt subject to limit ,! appropriate levels ( ! public debt are z foll[s3 ,fiscal ye> #bjae3 #ah1cjd1ceg1jjj1jjj4;,fiscal ye> #bjaf3 #ah1fbg1ecc1jjj1jjj4;,fiscal ye> #bjag3 #ai1agb1eij1jjj1jjj4;,fiscal ye> #bjah3 #ai1daa1eec1jjj1jjj4;,fiscal ye> #bjai3 #ai1ggc1iag1jjj1jjj4;,fiscal ye> #bjbj3 #bj1bbg1cdi1jjj1jjj4;,fiscal ye> #bjba3 #bj1ddi1cgd1jjj1jjj4;,fiscal ye> #bjbb3 #bj1hbb1ddh1jjj1jjj4;,fiscal ye> #bjbc3 #bj1iha1hjg1jjj1jjj4;,fiscal ye> #bjbd3 #ba1jhi1cfe1jjj1jjj4 7#f7 ,debt held by ! public ,! appropriate levels ( debt held by ! public are z foll[s3 ,fiscal ye> #bjae3 #ac1bac1jjj1jjj1jjj4;,fiscal ye> #bjaf3 #ac1dai1jjj1jjj1jjj4;,fiscal ye> #bjag3 #ac1hjj1jjj1jjj1jjj4;,fiscal ye> #bjah3 #ac1hfj1jjj1jjj1jjj4;,fiscal ye> #bjai3 #ad1jhj1jjj1jjj1jjj4;,fiscal ye> #bjbj3 #ad1dbg1jjj1jjj1jjj4;,fiscal ye> #bjba3 #ad1egi1jjj1jjj1jjj4;,fiscal ye> #bjbb3 #ad1idj1jjj1jjj1jjj4;,fiscal ye> #bjbc3 #ae1jhj1jjj1jjj1jjj4;,fiscal ye> #bjbd3 #ae1agf1jjj1jjj1jjj4 #ajb4 ,major functional categories ,! ,congress det]m9es & decl>es t ! appropriate levels ( new budget au?ority & outlays = fiscal ye>s #bjae ?r\gh #bjbd = ea* major functional category are3 7#a7 ,national ,def5se 7#jej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #ebh1ibg1jjj1jjj4 7,b7 ,outlays1 #eff1ejc1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #egc1gib1jjj1jjj4 7,b7 ,outlays1 #egc1jfd1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #eig1hie1jjj1jjj4 7,b7 ,outlays1 #ehd1beb1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #faa1adf1jjj1jjj4 7,b7 ,outlays1 #eic1gie1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #fbd1daf1jjj1jjj4 7,b7 ,outlays1 #faa1ijb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #fch1fig1jjj1jjj4 7,b7 ,outlays1 #fbf1age1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #fec1jja1jjj1jjj4 7,b7 ,outlays1 #fdj1dii1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ffi1ifg1jjj1jjj4 7,b7 ,outlays1 #ffa1aha1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #fhg1cic1jjj1jjj4 7,b7 ,outlays1 #fgb1ibb1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #gjf1bah1jjj1jjj4 7,b7 ,outlays1 #fhe1gif1jjj1jjj4 7#b7 ,int]national ,affairs 7#aej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #ch1fie1jjj1jjj4 7,b7 ,outlays1 #ci1jbi1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #ci1gcd1jjj1jjj4 7,b7 ,outlays1 #cg1igf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #dj1fdb1jjj1jjj4 7,b7 ,outlays1 #ch1bbi1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #da1ehi1jjj1jjj4 7,b7 ,outlays1 #ch1hbb1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #db1eac1jjj1jjj4 7,b7 ,outlays1 #ci1eec1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #dc1dig1jjj1jjj4 7,b7 ,outlays1 #dj1aad1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #dd1jjd1jjj1jjj4 7,b7 ,outlays1 #dj1gja1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #de1bga1jjj1jjj4 7,b7 ,outlays1 #da1gdi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #df1bhg1jjj1jjj4 7,b7 ,outlays1 #db1ffg1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #dg1cdi1jjj1jjj4 7,b7 ,outlays1 #dc1fbd1jjj1jjj4 7#c7 ,g5]al ,sci5ce1 ,space1 & ,te*nology 7#bej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #bg1ida1jjj1jjj4 7,b7 ,outlays1 #bg1ibg1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #bh1dic1jjj1jjj4 7,b7 ,outlays1 #bh1bdj1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bi1aac1jjj1jjj4 7,b7 ,outlays1 #bh1gej1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #bi1gfd1jjj1jjj4 7,b7 ,outlays1 #bi1cej1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #cj1dac1jjj1jjj4 7,b7 ,outlays1 #bi1ich1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #ca1jif1jjj1jjj4 7,b7 ,outlays1 #cj1ehi1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ca1ghb1jjj1jjj4 7,b7 ,outlays1 #ca1agd1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #cb1dic1jjj1jjj4 7,b7 ,outlays1 #ca1hgj1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #cc1baj1jjj1jjj4 7,b7 ,outlays1 #cb1egf1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #cc1iee1jjj1jjj4 7,b7 ,outlays1 #cc1cjd1jjj1jjj4 7#d7 ,en]gy 7#bgj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #d1bbh1jjj1jjj4 7,b7 ,outlays1 #e1gea1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #c1hbj1jjj1jjj4 7,b7 ,outlays1 #c1daf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #b1jdh1jjj1jjj4 7,b7 ,outlays1 #a1djj1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #a1gfb1jjj1jjj4 7,b7 ,outlays1 #a1aib1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #a1ghh1jjj1jjj4 7,b7 ,outlays1 #a1bgh1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #a1hea1jjj1jjj4 7,b7 ,outlays1 #a1chd1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#af1jjj1jjj4 7,b7 ,outlays1 -#cdf1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#a1jah1jjj1jjj4 7,b7 ,outlays1 -#a1bhc1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#a1iad1jjj1jjj4 7,b7 ,outlays1 -#b1ahh1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#f1aac1jjj1jjj4 7,b7 ,outlays1 -#f1fii1jjj1jjj4 7#e7 ,natural ,res\rces & ,environm5t 7#cjj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #cd1bhi1jjj1jjj4 7,b7 ,outlays1 #ci1caa1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #cd1dia1jjj1jjj4 7,b7 ,outlays1 #cg1gdg1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ce1jgg1jjj1jjj4 7,b7 ,outlays1 #cf1bjd1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #cc1jdg1jjj1jjj4 7,b7 ,outlays1 #cc1caf1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #cf1hei1jjj1jjj4 7,b7 ,outlays1 #cf1ggi1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #ch1afi1jjj1jjj4 7,b7 ,outlays1 #cg1hgg1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #cf1dbh1jjj1jjj4 7,b7 ,outlays1 #cf1cgi1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ch1igi1jjj1jjj4 7,b7 ,outlays1 #ch1gdi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ci1ibg1jjj1jjj4 7,b7 ,outlays1 #ci1gcc1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #dj1eib1jjj1jjj4 7,b7 ,outlays1 #ci1geb1jjj1jjj4 7#f7 ,agriculture 7#cej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #ai1jdb1jjj1jjj4 7,b7 ,outlays1 #ai1eef1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #bb1ejf1jjj1jjj4 7,b7 ,outlays1 #bb1cac1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bj1ebg1jjj1jjj4 7,b7 ,outlays1 #ai1iib1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ah1ejf1jjj1jjj4 7,b7 ,outlays1 #ag1hhc1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #ah1fed1jjj1jjj4 7,b7 ,outlays1 #ag1igj1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #ai1jjh1jjj1jjj4 7,b7 ,outlays1 #ah1ddj1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ai1bfc1jjj1jjj4 7,b7 ,outlays1 #ah1gfc1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ai1gfd1jjj1jjj4 7,b7 ,outlays1 #ai1bdi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #bj1jag1jjj1jjj4 7,b7 ,outlays1 #ai1eaf1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #bj1fce1jjj1jjj4 7,b7 ,outlays1 #bj1aca1jjj1jjj4 7#g7 ,comm]ce & ,h\s+ ,cr$it 7#cgj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 -#c1bci1jjj1jjj4 7,b7 ,outlays1 -#ad1gfb1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 -#d1eah1jjj1jjj4 7,b7 ,outlays1 -#ah1fcc1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#g1fgb1jjj1jjj4 7,b7 ,outlays1 -#bc1bag1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#g1che1jjj1jjj4 7,b7 ,outlays1 -#bd1acf1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#f1feh1jjj1jjj4 7,b7 ,outlays1 -#bh1beh1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#c1icg1jjj1jjj4 7,b7 ,outlays1 -#bf1jeb1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#d1jcd1jjj1jjj4 7,b7 ,outlays1 -#bj1ihb1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#d1gid1jjj1jjj4 7,b7 ,outlays1 -#bc1aig1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#e1jgc1jjj1jjj4 7,b7 ,outlays1 -#bd1eig1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#e1aah1jjj1jjj4 7,b7 ,outlays1 -#be1gic1jjj1jjj4 7#h7 ,transportation 7#djj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #cd1gac1jjj1jjj4 7,b7 ,outlays1 #hj1fei1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #fh1ebi1jjj1jjj4 7,b7 ,outlays1 #fi1ijg1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #gd1ded1jjj1jjj4 7,b7 ,outlays1 #ge1aii1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ge1igh1jjj1jjj4 7,b7 ,outlays1 #gg1eeh1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #gg1eja1jjj1jjj4 7,b7 ,outlays1 #gh1afc1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #gh1cgc1jjj1jjj4 7,b7 ,outlays1 #gi1jef1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #gi1cfi1jjj1jjj4 7,b7 ,outlays1 #hj1bca1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #hj1ebi1jjj1jjj4 7,b7 ,outlays1 #ha1dji1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ha1hbi1jjj1jjj4 7,b7 ,outlays1 #hb1hgb1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #hc1cec1jjj1jjj4 7,b7 ,outlays1 #hd1jbd1jjj1jjj4 7#i7 ,community & ,regional ,developm5t 7#dej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #ad1eef1jjj1jjj4 7,b7 ,outlays1 #bc1fjh1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #ae1cjc1jjj1jjj4 7,b7 ,outlays1 #ba1dbe1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ae1bfi1jjj1jjj4 7,b7 ,outlays1 #ai1bib1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ae1dad1jjj1jjj4 7,b7 ,outlays1 #ag1hdj1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #ae1chg1jjj1jjj4 7,b7 ,outlays1 #af1hda1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #ae1bhc1jjj1jjj4 7,b7 ,outlays1 #af1jjh1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ae1dba1jjj1jjj4 7,b7 ,outlays1 #ad1fgi1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ae1feh1jjj1jjj4 7,b7 ,outlays1 #ac1djh1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ae1ied1jjj1jjj4 7,b7 ,outlays1 #ac1dij1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #af1cjb1jjj1jjj4 7,b7 ,outlays1 #ac1iaj1jjj1jjj4 7#aj7 ,education1 ,tra9+1 ,employm5t1 & ,social ,s]vices 7#ejj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #gc1ijh1jjj1jjj4 7,b7 ,outlays1 #ia1gei1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #hb1cgb1jjj1jjj4 7,b7 ,outlays1 #hd1eba1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #hf1fii1jjj1jjj4 7,b7 ,outlays1 #hg1acg1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #hi1ecf1jjj1jjj4 7,b7 ,outlays1 #hi1hjh1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #he1bgh1jjj1jjj4 7,b7 ,outlays1 #hf1jgd1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #hf1eee1jjj1jjj4 7,b7 ,outlays1 #hg1acj1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #hg1gdi1jjj1jjj4 7,b7 ,outlays1 #hh1djc1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #hi1afg1jjj1jjj4 7,b7 ,outlays1 #hi1hci1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ij1ffa1jjj1jjj4 7,b7 ,outlays1 #ia1cfj1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ib1jid1jjj1jjj4 7,b7 ,outlays1 #ib1ibf1jjj1jjj4 7#aa7 ,heal? 7#eej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #dai1gii1jjj1jjj4 7,b7 ,outlays1 #daf1egc1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #cfg1bch1jjj1jjj4 7,b7 ,outlays1 #cgj1bje1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #cgg1geb1jjj1jjj4 7,b7 ,outlays1 #cge1hci1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #cgf1gcb1jjj1jjj4 7,b7 ,outlays1 #cgg1cdf1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #cij1dcg1jjj1jjj4 7,b7 ,outlays1 #cij1djd1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #dae1had1jjj1jjj4 7,b7 ,outlays1 #dje1cji1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #dai1abd1jjj1jjj4 7,b7 ,outlays1 #dah1bih1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #dcc1eab1jjj1jjj4 7,b7 ,outlays1 #dcb1adi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ddi1aha1jjj1jjj4 7,b7 ,outlays1 #ddg1iia1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #dgb1cjj1jjj1jjj4 7,b7 ,outlays1 #dga1cab1jjj1jjj4 7#ab7 ,m$ic>e 7#egj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #eai1aif1jjj1jjj4 7,b7 ,outlays1 #eai1djg1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #eeh1hie1jjj1jjj4 7,b7 ,outlays1 #eeh1ifd1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #egj1add1jjj1jjj4 7,b7 ,outlays1 #egj1cda1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #eij1fie1jjj1jjj4 7,b7 ,outlays1 #eia1aag1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #fea1egi1jjj1jjj4 7,b7 ,outlays1 #fea1hgh1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #fib1cjg1jjj1jjj4 7,b7 ,outlays1 #fib1fdd1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #gcg1dee1jjj1jjj4 7,b7 ,outlays1 #gch1jdb1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #hae1beg1jjj1jjj4 7,b7 ,outlays1 #hag1aie1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #hcf1bif1jjj1jjj4 7,b7 ,outlays1 #hcg1hhc1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #hei1jaa1jjj1jjj4 7,b7 ,outlays1 #hff1bfb1jjj1jjj4 7#ac7 ,income ,security 7#fjj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #eje1gbi1jjj1jjj4 7,b7 ,outlays1 #eje1jcb1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #dhg1fde1jjj1jjj4 7,b7 ,outlays1 #dij1abb1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #dhi1gff1jjj1jjj4 7,b7 ,outlays1 #dhg1aje1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #dib1abi1jjj1jjj4 7,b7 ,outlays1 #dhd1bhj1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #dic1iif1jjj1jjj4 7,b7 ,outlays1 #dij1jad1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #eab1gag1jjj1jjj4 7,b7 ,outlays1 #ejh1fhi1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ebj1jaf1jjj1jjj4 7,b7 ,outlays1 #eae1dge1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ebi1dch1jjj1jjj4 7,b7 ,outlays1 #ebi1aaa1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ecj1hci1jjj1jjj4 7,b7 ,outlays1 #ebe1fbd1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ebe1gja1jjj1jjj4 7,b7 ,outlays1 #eae1bbe1jjj1jjj4 7#ad7 ,social ,security 7#fej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #ca1ddb1jjj1jjj4 7,b7 ,outlays1 #ca1eag1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #cd1bde1jjj1jjj4 7,b7 ,outlays1 #cd1bhc1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #cg1acc1jjj1jjj4 7,b7 ,outlays1 #cg1acc1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #dj1ach1jjj1jjj4 7,b7 ,outlays1 #dj1ach1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #dc1chc1jjj1jjj4 7,b7 ,outlays1 #dc1chc1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #df1gdg1jjj1jjj4 7,b7 ,outlays1 #df1gdg1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ej1bee1jjj1jjj4 7,b7 ,outlays1 #ej1bee1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ec1ida1jjj1jjj4 7,b7 ,outlays1 #ec1ida1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #eg1hjj1jjj1jjj4 7,b7 ,outlays1 #eg1hjj1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #eh1dda1jjj1jjj4 7,b7 ,outlays1 #eh1dda1jjj1jjj4 7#ae7 ,vet]ans ,b5efits & ,s]vices 7#gjj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #aec1jbg1jjj1jjj4 7,b7 ,outlays1 #aeb1igh1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #afd1ifa1jjj1jjj4 7,b7 ,outlays1 #afd1hjg1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #afc1heh1jjj1jjj4 7,b7 ,outlays1 #afc1bfi1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #afb1chh1jjj1jjj4 7,b7 ,outlays1 #afa1fdf1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #agd1cje1jjj1jjj4 7,b7 ,outlays1 #agc1dii1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #agi1bfi1jjj1jjj4 7,b7 ,outlays1 #agh1chj1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ahc1ega1jjj1jjj4 7,b7 ,outlays1 #ahb1fgf1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #aie1fhj1jjj1jjj4 7,b7 ,outlays1 #aid1gai1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #aib1deh1jjj1jjj4 7,b7 ,outlays1 #aia1dia1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ahi1bib1jjj1jjj4 7,b7 ,outlays1 #ahh1bfb1jjj1jjj4 7#af7 ,adm9i/ration ( ,ju/ice 7#gej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #ed1jaa1jjj1jjj4 7,b7 ,outlays1 #ed1bej1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #ef1icb1jjj1jjj4 7,b7 ,outlays1 #ef1bih1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ef1ggj1jjj1jjj4 7,b7 ,outlays1 #eh1cai1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #eh1dje1jjj1jjj4 7,b7 ,outlays1 #ei1jie1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #fj1bci1jjj1jjj4 7,b7 ,outlays1 #fj1eja1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #fb1adf1jjj1jjj4 7,b7 ,outlays1 #fa1fdi1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #fd1bfc1jjj1jjj4 7,b7 ,outlays1 #fc1gcd1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ff1ifg1jjj1jjj4 7,b7 ,outlays1 #ff1daa1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #fi1jca1jjj1jjj4 7,b7 ,outlays1 #fh1dee1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ga1aff1jjj1jjj4 7,b7 ,outlays1 #gj1efh1jjj1jjj4 7#ag7 ,g5]al ,gov]nm5t 7#hjj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #bc1gaj1jjj1jjj4 7,b7 ,outlays1 #bc1fah1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #bc1jfd1jjj1jjj4 7,b7 ,outlays1 #bb1hbf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ba1ehg1jjj1jjj4 7,b7 ,outlays1 #ba1fgd1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #bc1bfi1jjj1jjj4 7,b7 ,outlays1 #bb1igc1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #bd1jdj1jjj1jjj4 7,b7 ,outlays1 #bc1ehb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #bd1gei1jjj1jjj4 7,b7 ,outlays1 #bd1cca1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #be1eef1jjj1jjj4 7,b7 ,outlays1 #be1aci1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #bf1cec1jjj1jjj4 7,b7 ,outlays1 #be1ici1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #bg1jig1jjj1jjj4 7,b7 ,outlays1 #bf1fia1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #bg1iab1jjj1jjj4 7,b7 ,outlays1 #bg1dia1jjj1jjj4 7#ah7 ,net ,int]e/ 7#ijj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #cfe1ihg1jjj1jjj4 7,b7 ,outlays1 #cfe1ihg1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #daf1bch1jjj1jjj4 7,b7 ,outlays1 #daf1bch1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #dhb1bbh1jjj1jjj4 7,b7 ,outlays1 #dhb1bbh1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #eec1hbj1jjj1jjj4 7,b7 ,outlays1 #eec1hbj1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #faa1heb1jjj1jjj4 7,b7 ,outlays1 #faa1heb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #fei1caj1jjj1jjj4 7,b7 ,outlays1 #fei1caj1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #fic1aei1jjj1jjj4 7,b7 ,outlays1 #fic1aei1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #gbc1hje1jjj1jjj4 7,b7 ,outlays1 #gbc1hje1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #gea1bae1jjj1jjj4 7,b7 ,outlays1 #gea1bae1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ggj1abd1jjj1jjj4 7,b7 ,outlays1 #ggj1abd1jjj1jjj4 7#ai7 ,all[ances 7#ibj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 -#cf1cfd1jjj1jjj4 7,b7 ,outlays1 -#bb1fgf1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 -#dg1hbe1jjj1jjj4 7,b7 ,outlays1 -#cf1gjf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#ea1daf1jjj1jjj4 7,b7 ,outlays1 -#de1jad1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#ed1eff1jjj1jjj4 7,b7 ,outlays1 -#di1ega1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#ef1fgb1jjj1jjj4 7,b7 ,outlays1 -#ec1edb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#fa1hbe1jjj1jjj4 7,b7 ,outlays1 -#eh1ajb1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#fd1eeb1jjj1jjj4 7,b7 ,outlays1 -#fa1jdj1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#ff1hga1jjj1jjj4 7,b7 ,outlays1 -#fc1idf1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#fh1iib1jjj1jjj4 7,b7 ,outlays1 -#ff1cbb1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#fe1igb1jjj1jjj4 7,b7 ,outlays1 -#fd1cch1jjj1jjj4 7#bj7 ,gov]nm5t-wide sav+s 7#icj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #be1ijd1jjj1jjj4 7,b7 ,outlays1 #bj1jeb1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 -#ad1aea1jjj1jjj4 7,b7 ,outlays1 -#a1gja1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#cj1ebe1jjj1jjj4 7,b7 ,outlays1 -#ag1dhb1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#ch1cjb1jjj1jjj4 7,b7 ,outlays1 -#bg1ghi1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#df1ddf1jjj1jjj4 7,b7 ,outlays1 -#ce1edg1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#ee1eei1jjj1jjj4 7,b7 ,outlays1 -#dd1fjh1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#fc1jfj1jjj1jjj4 7,b7 ,outlays1 -#ec1cag1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#ge1ahi1jjj1jjj4 7,b7 ,outlays1 -#fd1jjg1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#hg1ccd1jjj1jjj4 7,b7 ,outlays1 -#ge1bji1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#aag1abe1jjj1jjj4 7,b7 ,outlays1 -#if1cec1jjj1jjj4 7#ba7 ,undi/ribut$ ,(fsett+ ,receipts 7#iej73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 -#gh1fcb1jjj1jjj4 7,b7 ,outlays1 -#gh1fcb1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 -#hc1feb1jjj1jjj4 7,b7 ,outlays1 -#hc1feb1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#hc1igd1jjj1jjj4 7,b7 ,outlays1 -#hc1igd1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#hd1fjb1jjj1jjj4 7,b7 ,outlays1 -#hd1fjb1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#ia1hbd1jjj1jjj4 7,b7 ,outlays1 -#ia1hbd1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#ic1ghg1jjj1jjj4 7,b7 ,outlays1 -#ic1ghg1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#ih1agf1jjj1jjj4 7,b7 ,outlays1 -#ih1agf1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#aja1ebi1jjj1jjj4 7,b7 ,outlays1 -#aja1ebi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#aje1gca1jjj1jjj4 7,b7 ,outlays1 -#aje1gca1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#aac1dbb1jjj1jjj4 7,b7 ,outlays1 -#aac1dbb1jjj1jjj4 7#bb7 ,ov]seas ,cont+5cy ,op]ations_/,global ,w> on ,t]rorism 7#igj73 ,fiscal ye> #bjae3 7,a7 ,new budget au?ority1 #he1ceg1jjj1jjj4 7,b7 ,outlays1 #eb1ehj1jjj1jjj4 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority1 #bi1idf1jjj1jjj4 7,b7 ,outlays1 #cg1hbc1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bi1idf1jjj1jjj4 7,b7 ,outlays1 #cb1ehe1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #bi1idf1jjj1jjj4 7,b7 ,outlays1 #cj1hic1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #bi1idf1jjj1jjj4 7,b7 ,outlays1 #ca1jcb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #bi1idf1jjj1jjj4 7,b7 ,outlays1 #bi1fdg1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #bi1idf1jjj1jjj4 7,b7 ,outlays1 #bi1fdg1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #aa1bjj1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #d1djb1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #a1hbg1jjj1jjj4 ,,ii ,recomm5d$ ,long-,t]m ,levels #bja4 ,long-t]m budget+ ,! foll[+ are ! recomm5d$ rev5ue1 sp5d+1 & deficit levels = ea* ( fiscal ye>s #bjcj1 #bjce1 & #bjdj z a p]c5t ( ! gross dome/ic product ( ! ,unit$ ,/ates3 7#a7 ,f$]al rev5ues ,! appropriate levels ( ,f$]al rev5ues are z foll[s3 ,fiscal ye> #bjcj3 #ah4h p]c5t4,fiscal ye> #bjce3 #ai4j p]c5t4,fiscal ye> #bjdj3 #ai4j p]c5t4 7#b7 ,budget outlays ,! appropriate levels ( total budget outlays are n to exce$3 ,fiscal ye> #bjcj3 #ah4e p]c5t4,fiscal ye> #bjce3 #ag4i p]c5t4,fiscal ye> #bjdj3 #ag4b p]c5t4 7#c7 ,deficits ,! appropriate levels ( deficits are n to exce$3 ,fiscal ye> #bjcj3 -#j4c p]c5t4,fiscal ye> #bjce3 -#a4a p]c5t4,fiscal ye> #bjdj3 -#a4h p]c5t4 7#d7 ,debt ,! appropriate levels ( debt held by ! public are n to exce$3 ,fiscal ye> #bjcj3 #dc4j p]c5t4,fiscal ye> #bjce3 #ca4j p]c5t4,fiscal ye> #bjdj3 #ah4j p]c5t4 ,,iii ,res]ve funds #cja4 ,res]ve fund = ! repeal ( ! #bjaj heal? c>e laws ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t only consi/s ( a full repeal ! ,pati5t ,protection & ,af=dable ,c>e ,act & ! heal? c>e-relat$ provisions ( ! ,heal? ,c>e & ,education ,reconciliation ,act ( #bjaj4 #cjb4 ,deficit-neutral res]ve fund = ! re=m ( ! #bjaj heal? c>e laws ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t re=ms or replaces ! ,pati5t ,protection & ,af=dable ,c>e ,act or ! ,heal? ,c>e & ,education ,reconciliation ,act ( #bjaj1 if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cjc4 ,deficit-neutral res]ve fund relat$ to ! ,m$ic>e provisions ( ! #bjaj heal? c>e laws ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t repeals all or "p ( ! decreases 9 ,m$ic>e sp5d+ includ$ 9 ! ,pati5t ,protection & ,af=dable ,c>e ,act or ! ,heal? ,c>e & ,education ,reconciliation ,act ( #bjaj1 if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cjd4 ,deficit-neutral res]ve fund = ! su/a9able gr[? rate ( ! ,m$ic>e program ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t includes provisions am5d+ or sup]s$+ ! sy/em = updat+ paym5ts "u section #ahdh ( ! ,social ,security ,act1 if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cje4 ,deficit-neutral res]ve fund = re=m+ ! tax code ,9 ! ,h\se1 if ! ,committee on ,ways & ,means reports a bill or jo9t resolution t re=ms ! ,int]nal ,rev5ue ,code ( #aihf1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any su* bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cjf4 ,deficit-neutral res]ve fund = trade agreem5ts ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution report$ by ! ,committee on ,ways & ,means1 or am5dm5t !reto or conf]5ce report !reon1 t implem5ts a trade agreem5t1 b only if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cjg4 ,deficit-neutral res]ve fund = rev5ue measures ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution report$ by ! ,committee on ,ways & ,means1 or am5dm5t !reto or conf]5ce report !reon1 t decreases rev5ue1 b only if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cjh4 ,deficit-neutral res]ve fund = rural c\nties & s*ools ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels & limits 9 ?is resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t makes *anges to or provides = ! reau?orization ( ! ,secure ,rural ,s*ools & ,community ,self ,det]m9ation ,act ( #bjjj 7,public ,law #ajf-cic7 by ! am\nts provid$ by t legislation = ^? purposes1 if su* legislation requires su/a9$ yield timb] h>ve/s obviat+ ! ne$ = fund+ "u ,public ,law #ajf-cic 9 ! future & w\ld n increase ! deficit or direct sp5d+ = ! p]iod ( fiscal ye>s #bjae ?r\gh #bjai1 or ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #cji4 ,deficit-neutral res]ve fund = transportation ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure ma9ta9s ! solv5cy ( ! ,highway ,tru/ ,fund1 b only if su* measure w\ld n increase ! deficit ov] ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #caj4 ,deficit-neutral res]ve fund to r$uce pov]ty & increase opportunity & upw>d mobility ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r appropriate levels 9 ?is resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure re=ms policies & programs to r$uce pov]ty & increase opportunity & upw>d mobility1 b only if su* measure w\ld nei!r adv]sely impact job creation nor increase ! deficit ov] ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 ,,iv ,e/imates ( direct sp5d+ #dja4 ,direct sp5d+ 7a7 ,means-te/$ direct sp5d+ 7#a7 ,= means-te/$ direct sp5d+1 ! av]age rate ( gr[? 9 ! total level ( outlays dur+ ! #aj-ye> p]iod prec$+ fiscal ye> #bjae is #f4h p]c5t4 7#b7 ,= means-te/$ direct sp5d+1 ! e/imat$ av]age rate ( gr[? 9 ! total level ( outlays dur+ ! #aj-ye> p]iod beg9n+ ) fiscal ye> #bjae is #e4d p]c5t "u curr5t law4 7#c7 ,! foll[+ re=ms are propos$ 9 ?is concurr5t resolution = means-te/$ direct sp5d+3 7,a7 ,9 #aiif1 a ,republican ,congress & a ,democratic presid5t re=m$ welf>e by limit+ ! duration ( b5efits1 giv+ ,/ates m control ov] ! program1 & help+ recipi5ts f9d "w4 ,9 ! five ye>s foll[+ passage1 *ild-pov]ty rates fell1 welf>e caseloads fell1 & work]s' wages increas$4 ,?is budget applies ! lessons ( welf>e re=m to bo? ! ,supplem5tal ,nutrition ,assi/ance ,program & ,m$icaid4 7,b7 ,= ,m$icaid1 ?is budget assumes ! conv]sion ( ! ,f$]al %>e ( ,m$icaid sp5d+ into a flexible ,/ate allotm5t tailor$ to meet ea* ,/ate's ne$s1 index$ = inflation & population gr[?4 ,su* a re=m w\ld end ! misguid$ "o-size-fits-all approa* t has ti$ ! h&s ( ,/ate gov]nm5ts4 ,in/ead1 ea* ,/ate w\ld h ! fre$om & flexibility to tailor a ,m$icaid program t fits ! ne$s ( its unique population4 ,moreov]1 ?is budget assumes ! repeal ( ! ,m$icaid expansions 9 ! ,presid5t's heal? c>e law1 reliev+ ,/ate gov]nm5ts ( its crippl+ "o-size-fits-all enrollm5t m&ates4 7,c7 ,= ! ,supplem5tal ,nutrition ,assi/ance ,program1 ?is budget assumes ! conv]sion ( ! program into a flexible ,/ate allotm5t tailor$ to meet ea* ,/ate's ne$s4 ,! allotm5t w\ld increase bas$ on ! ,dep>tm5t ( ,agriculture ,?rifty ,food ,plan index & b5efici>y gr[?4 ,su* a re=m w\ld provide inc5tives = ,/ates to ensure doll>s w g t[>ds ^? :o ne$ !m mo/4 ,additionally1 x requires t m /r+5t "w requirem5ts & "t limits apply "u ! program4 7b7 ,nonmeans-te/$ direct sp5d+ 7#a7 ,= nonmeans-te/$ direct sp5d+1 ! av]age rate ( gr[? 9 ! total level ( outlays dur+ ! #aj-ye> p]iod prec$+ fiscal ye> #bjae is #e4g p]c5t4 7#b7 ,= nonmeans-te/$ direct sp5d+1 ! e/imat$ av]age rate ( gr[? 9 ! total level ( outlays dur+ ! #aj-ye> p]iod beg9n+ ) fiscal ye> #bjae is #e4d p]c5t "u curr5t law4 7#c7 ,! foll[+ re=ms are propos$ 9 ?is concurr5t resolution = nonmeans-te/$ direct sp5d+3 7,a7 ,= ,m$ic>e1 ?is budget advances policies to put s5iors1 n ! ,f$]al ,gov]nm5t1 9 control ( _! heal? c>e decisions4 ,^? 9 or ne> retirem5t w see no *anges1 :ile future retirees w\ld be giv5 a *oice ( private plans compet+ alongside ! traditional fee-=-s]vice ,m$ic>e program4 ,m$ic>e w\ld provide a premium-support paym5t ei!r to pay = or (fset ! premium ( ! plan *os5 by ! s5ior1 dep5d+ on ! plan's co/4 ,! ,m$ic>e premium-support paym5t w\ld be adju/$ s t ! sick w\ld receive high] paym5ts if _! conditions wors5$2 l[]-income s5iors w\ld receive additional assi/ance to help cov] out-(-pocket co/s2 & weal?i] s5iors w\ld assume responsibility = a great] %>e ( _! premiums4 ,putt+ s5iors 9 *>ge ( h[ _! heal? c>e doll>s are sp5t w =ce provid]s to compete aga9/ ea* o!r on price & quality4 ,?is m>ket competition w act z a real *eck on widespread wa/e & skyrocket+ heal? c>e co/s4 7,b7 ,9 keep+ ) a recomm5dation f ! ,national ,commission on ,fiscal ,responsibility & ,re=m1 ?is budget calls = ,f$]al employees--includ+ ,memb]s ( ,congress & congressional /aff--to make great] contributions t[>d _! own retirem5t4 ,v ,budget ,en=cem5t #eja4 ,limitation on advance appropriations 7a7 ,9 g5]al ,9 ! ,h\se1 except z provid$ = 9 subsection 7b71 any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 mak+ a g5]al appropriation or cont9u+ appropriation may n provide = advance appropriations4 7b7 ,exceptions ,an advance appropriation may be provid$ = programs1 projects1 activities1 or acc\nts ref]r$ to 9 subsection 7c77#a7 or id5tifi$ 9 ! report to accompany ?is concurr5t resolution or ! jo9t explanatory /atem5t ( manag]s to accompany ?is concurr5t resolution "u ! head+ ,acc\nts ,id5tifi$ = ,advance ,appropriations4 7c7 ,limitations ,= fiscal ye> #bjaf1 ! aggregate level ( advance appropriations %all n exce$-- 7#a7 #eh1ffb1bjb1jjj = ! foll[+ programs 9 ! ,dep>tm5t ( ,vet]ans ,affairs-- 7,a7 ,m$ical ,s]vices2 7,b7 ,m$ical ,support & ,compliance2 & 7,c7 ,m$ical ,facilities acc\nts ( ! ,vet]ans ,heal? ,adm9i/ration2 & 7#b7 #bh1gha1jjj1jjj 9 new budget au?ority = all programs id5tifi$ pursuant to subsection 7b74 7d7 ,def9ition ,9 ?is section1 ! t]m advance appropriation means any new discretion>y budget au?ority provid$ 9 a bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 mak+ g5]al appropriations or any new discretion>y budget au?ority provid$ 9 a bill or jo9t resolution mak+ cont9u+ appropriations = fiscal ye> #bjaf4 #ejb4 ,concepts & def9itions ,^u ! enactm5t ( any bill or jo9t resolution provid+ = a *ange 9 budget>y concepts or def9itions1 ! *air ( ! ,committee on ! ,budget may adju/ any allocations1 aggregates1 & o!r appropriate levels 9 ?is concurr5t resolution accord+ly4 #ejc4 ,adju/m5ts ( aggregates1 allocations1 & appropriate budget>y levels 7a7 ,adju/m5ts ( discretion>y & direct sp5d+ levels ,if a committee 7o!r ?an ! ,committee on ,appropriations7 reports a bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 provid+ = a decrease 9 direct sp5d+ 7budget au?ority & outlays fl[+ !refrom7 = any fiscal ye> & also provides = an au?orization ( appropriations = ! same purpose1 ^u ! enactm5t ( su* measure1 ! *air ( ! ,committee on ! ,budget may decrease ! allocation to su* committee & increase ! allocation ( discretion>y sp5d+ 7budget au?ority & outlays fl[+ !refrom7 to ! ,committee on ,appropriations = fiscal ye> #bjae by an am\nt equal to ! new budget au?ority 7& outlays fl[+ !refrom7 provid$ = 9 a bill or jo9t resolution mak+ appropriations = ! same purpose4 7b7 ,adju/m5ts to fund ,ov]seas ,cont+5cy ,op]ations_/,global ,w> on ,t]rorism ,9 ord] to take into acc\nt any new in=mation includ$ 9 ! budget submission by ! ,presid5t = fiscal ye> #bjae1 ! *air ( ! ,committee on ! ,budget may adju/ ! allocations1 aggregates1 & o!r appropriate budget>y levels = ,ov]seas ,cont+5cy ,op]ations_/,global ,w> on ,t]rorism or ! section #cjb7;a7 allocation to ! ,committee on ,appropriations set =? 9 ! report ( ?is concurr5t resolution to con=m ) section #bea7;c7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7z adju/$ by section #bea;,a ( su* ,act74 7c7 ,revis$ ,congressional ,budget ,(fice basel9e ,! *air ( ! ,committee on ! ,budget may adju/ ! allocations1 aggregates1 & o!r appropriate budget>y levels to reflect *anges result+ f te*nical & economic assumptions 9 ! mo/ rec5t basel9e publi%$ by ! ,congressional ,budget ,(fice4 7d7 ,det]m9ations ,= ! purpose ( en=c+ ?is concurr5t resolution on ! budget 9 ! ,h\se1 ! allocations & aggregate levels ( new budget au?ority1 outlays1 direct sp5d+1 new entitlem5t au?ority1 rev5ues1 deficits1 & surpluses = fiscal ye> #bjae & ! p]iod ( fiscal ye>s #bjae ?r\gh fiscal ye> #bjbd %all be det]m9$ on ! basis ( e/imates made by ! *air ( ! ,committee on ! ,budget & su* *air may adju/ su* applicable levels ( ?is concurr5t resolution4 #ejd4 ,limitation on long-t]m sp5d+ 7a7 ,9 g5]al ,9 ! ,h\se1 x %all n be 9 ord] to consid] a bill or jo9t resolution report$ by a committee 7o!r ?an ! ,committee on ,appropriations71 or an am5dm5t !reto or a conf]5ce report !reon1 if ! provisions ( su* measure h ! net effect ( increas+ direct sp5d+ 9 excess ( #e1jjj1jjj1jjj = any p]iod describ$ 9 subsection 7b74 7b7 ,"t p]iods ,! applicable p]iods = purposes ( ?is section are any ( ! f\r consecutive t5 fiscal-ye> p]iods beg9n+ ) fiscal ye> #bjbe4 #eje4 ,budget>y treatm5t ( c]ta9 transactions 7a7 ,9 ,g5]al ,not)/&+ section #cjb7;a77#a7 ( ! ,congressional ,budget ,act ( #aigd1 section #accja ( ! ,budget ,en=cem5t ,act ( #aiij1 & section #djja ( ! ,omnibus ,budget ,reconciliation ,act ( #aihi1 ! report accompany+ ?is concurr5t resolution on ! budget or ! jo9t explanatory /atem5t accompany+ ! conf]5ce report on any concurr5t resolution on ! budget %all include 9 its allocation "u section #cjb7;a7 ( ! ,congressional ,budget ,act ( #aigd to ! ,committee on ,appropriations am\nts = ! discretion>y adm9i/rative exp5ses ( ! ,social ,security ,adm9i/ration & ! ,unit$ ,/ates ,po/al ,s]vice4 7b7 ,special ,rule ,= purposes ( apply+ sections #cjb7;f7 & #caa ( ! ,congressional ,budget ,act ( #aigd1 e/imates ( ! level ( total new budget au?ority & total outlays provid$ by a measure %all include any (f-budget discretion>y am\nts4 7c7 ,adju/m5ts ,! *air ( ! ,committee on ! ,budget may adju/ ! allocations1 aggregates1 & o!r appropriate levels = legislation report$ by ! ,committee on ,ov]sight & ,gov]nm5t ,re=m t re=ms ! ,f$]al retirem5t sy/em1 if su* adju/m5ts d n cause a net increase 9 ! deficit = fiscal ye> #bjae & ! p]iod ( fiscal ye>s #bjae ?r\gh #bjbd4 #ejf4 ,application & effect ( *anges 9 allocations & aggregates 7a7 ,application ,any adju/m5ts ( ! allocations1 aggregates1 & o!r appropriate levels made pursuant to ?is concurr5t resolution %all-- 7#a7 apply :ile t measure is "u consid]ation2 7#b7 take effect ^u ! enactm5t ( t measure2 & 7#c7 be publi%$ 9 ! ,congressional ,record z soon z practicable4 7b7 ,effect ( ,*ang$ ,allocations & ,aggregates ,revis$ allocations & aggregates result+ f ^! adju/m5ts %all be consid]$ = ! purposes ( ! ,congressional ,budget ,act ( #aigd z allocations & aggregates includ$ 9 ?is concurr5t resolution4 7c7 ,budget compliance ,! consid]ation ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 = :i* ! *air ( ! ,committee on ! ,budget makes adju/m5ts or revisions 9 ! allocations1 aggregates1 & o!r appropriate levels ( ?is concurr5t resolution %all n be subject to ! po9ts ( ord] set =? 9 clause #aj ( rule ,,xxi ( ! ,rules ( ! ,h\se ( ,repres5tatives or section #ejd4 #ejg4 ,congressional ,budget ,(fice e/imates 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,co/s ( ,f$]al h\s+ loans & loan gu>antees are treat$ unequally 9 ! budget4 ,! ,congressional ,budget ,(fice uses fair-value acc\nt+ to measure ! co/s ( ,fannie ,mae & ,fr$die ,mac1 b det]m9es ! co/ ( o!r ,f$]al loan & loan-gu>antee programs on ! basis ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7,,fcra74 7#b7 ,! fair-value acc\nt+ me?od uses disc\nt rates :i* incorporate ! risk inh]5t to ! type ( liability be+ e/imat$ 9 addition to ,treasury disc\nt rates ( ! prop] maturity l5g?4 ,9 contra/1 ,,fcra acc\nt+ solely uses ! disc\nt rates ( ! ,treasury1 fail+ to incorporate all ( ! risks att5dant to ^! cr$it activities4 7#c7 ,! ,congressional ,budget ,(fice e/imates t if fair-value 7 us$ to e/imate ! co/ ( all new cr$it activity 9 #bjad1 ! deficit w\ld be approximately #ej billion high] ?an "u ! curr5t me?odology4 7b7 ,fair ,value ,e/imates ,^u ! reque/ ( ! *air or rank+ memb] ( ! ,committee on ! ,budget1 any e/imate prep>$ by ! ,director ( ! ,congressional ,budget ,(fice = a measure "u ! t]ms ( title ,v ( ! ,congressional ,budget ,act ( #aigd1 cr$it re=m1 z a supplem5t to su* e/imate %all1 to ! ext5t practicable1 also provide an e/imate ( ! curr5t actual or e/imat$ m>ket values repres5t+ ! fair value ( assets & liabilities affect$ by su* measure4 7c7 ,fair value e/imates = h\s+ programs ,:5ev] ! ,director ( ! ,congressional ,budget ,(fice prep>es an e/imate pursuant to section #djb ( ! ,congressional ,budget ,act ( #aigd ( ! co/s :i* w\ld be incurr$ 9 c>ry+ out any bill or jo9t resolution & if ! ,director det]m9es t su* bill or jo9t resolution has a co/ relat$ to a h\s+ or resid5tial mortgage program "u ! ,,fcra1 !n ! ,director %all also provide an e/imate ( ! curr5t actual or e/imat$ m>ket values repres5t+ ! fair value ( assets & liabilities affect$ by ! provisions ( su* bill or jo9t resolution t result 9 su* co/4 7d7 ,en=cem5t ,if ! ,director ( ! ,congressional ,budget ,(fice provides an e/imate pursuant to subsection 7b7 or 7c71 ! *air ( ! ,committee on ! ,budget may use su* e/imate to det]m9e compliance ) ! ,congressional ,budget ,act ( #aigd & o!r budget>y en=cem5t controls4 #ejh4 ,transf]s f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund t increase public indebt$ness ,= purposes ( ! ,congressional ,budget ,act ( #aigd1 ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe1 or ! rules or ord]s ( ! ,h\se ( ,repres5tatives1 a bill or jo9t resolution1 or an am5dm5t !reto or conf]5ce report !reon1 t transf]s funds f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund %all be c\nt$ z new budget au?ority & outlays equal to ! am\nt ( ! transf] 9 ! fiscal ye> ! transf] occurs4 #eji4 ,sep>ate allocation = ov]seas cont+5cy op]ations_/global w> on t]rorism 7a7 ,allocation ,9 ! ,h\se1 !re %all be a sep>ate allocation to ! ,committee on ,appropriations = ov]seas cont+5cy op]ations_/global w> on t]rorism4 ,= purposes ( en=c+ su* sep>ate allocation "u section #cjb7;f7 ( ! ,congressional ,budget ,act ( #aigd1 ! fir/ fiscal ye> & ! total ( fiscal ye>s %all be deem$ to ref] to fiscal ye> #bjae4 ,su* sep>ate allocation %all be ! exclusive allocation = ov]seas cont+5cy op]ations_/global w> on t]rorism "u section #cjb7;a7 ( su* ,act4 ,section #cjb7;c7 ( su* ,act %all n apply to su* sep>ate allocation4 ,! ,committee on ,appropriations may provide suballocations ( su* sep>ate allocation "u section #cjb7;b7 ( su* ,act4 ,sp5d+ t c\nts t[>d ! allocation e/abli%$ by ?is section %all be designat$ pursuant to section #bea7;b77#b77;,a77ii7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe4 7b7 ,adju/m5t ,9 ! ,h\se1 = purposes ( subsection 7a7 = fiscal ye> #bjae1 no adju/m5t %all be made "u section #cad7;a7 ( ! ,congressional ,budget ,act ( #aigd if any adju/m5t w\ld be made "u section #bea7;b77#b77;,a77ii7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe4 #eaj4 ,ex]cise ( rulemak+ p[]s ,! ,h\se adopts ! provisions ( ?is title-- 7#a7 z an ex]cise ( ! rulemak+ p[] ( ! ,h\se ( ,repres5tatives & z su* !y %all be consid]$ z "p ( ! rules ( ! ,h\se ( ,repres5tatives1 & ^! rules %all sup]s$e o!r rules only to ! ext5t t !y are inconsi/5t ) o!r su* rules2 & 7#b7 ) full recognition ( ! con/itutional "r ( ! ,h\se ( ,repres5tatives to *ange ^? rules at any "t1 9 ! same mann]1 & to ! same ext5t z 9 ! case ( any o!r rule ( ! ,h\se ( ,repres5tatives4 ,,vi ,policy /atem5ts #fja4 ,policy /atem5t on economic gr[? & job creation 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,al?\gh ! ,unit$ ,/ates economy te*nically em]g$ f recession ne>ly five ye>s ago1 ! subsequ5t recov]y has felt m l a malaise ?an a reb\nd4 ,real gross dome/ic product 7,,gdp7 gr[? ov] ! pa/ f\r ye>s has av]ag$ j ov] #b p]c5t1 well bel[ ! #c p]c5t tr5d rate ( gr[? 9 ! ,unit$ ,/ates4 7#b7 ,! ,congressional ,budget ,(fice 7,,cbo7 did a /udy 9 late #bjab exam9+ :y ! ,unit$ ,/ates economy 0 gr[+ s sl[ly aft] ! recession4 ,!y f\nd1 among o!r ?+s1 t ,unit$ ,/ates economic output 0 gr[+ at less ?an half ( ! typical rate exhibit$ dur+ o!r recov]ies s9ce ,_w ,w> ,,ii4 ,,cbo said t ab\t two-?irds ( ?is gr[? gap 0 due to a pron\nc$ sluggi%ness 9 ! gr[? ( pot5tial ,,gdp--p>ticul>ly 9 pot5tial employm5t levels 7su* z p leav+ ! labor =ce7 & ! gr[? 9 productivity 7:i* is 9 turn relat$ to l[] capital inve/m5t74 7#c7 ,! prolong$ economic sluggi%ness is p>ticul>ly tr\bl+ giv5 ! am\nt ( fiscal & monet>y policy actions tak5 9 rec5t ye>s to cu%ion ! dep? ( ! d[nturn & to sp>k high] rates ( gr[? & employm5t4 ,9 addition to ! l>ge /imulus package pass$ 9 e>ly #bjji1 _m o!r initiatives h be5 tak5 to boo/ gr[?1 su* z ! new homebuy] tax cr$it & ! ca% = clunk]s program4 ,^! /imulus ef=ts may h l$ to v>i\s %ort t]m pops 9 activity b ! economy & job m>ket has s9ce rev]t$ back to a sub-p> tr5d4 7#d7 ,! unemploym5t rate has decl9$ 9 rec5t ye>s1 f a peak ( ne>ly #aj p]c5t 9 #bjji-bjaj to #f4g p]c5t 9 ! late/ mon?4 ,h[ev]1 a significant *unk ( ?is decl9e has be5 due to p leav+ ! labor =ce 7& !re=e no long] be+ c\nt$ z unemploy$7 & n f a surge 9 employm5t4 ,! sl[ decl9e 9 ! unemploym5t rate 9 rec5t ye>s has occurr$ alongside a /eep decl9e 9 ! economy's labor =ce p>ticipation rate4 ,! p>ticipation rate /&s at #fc4j p]c5t1 close to ! l[e/ level s9ce #aigh4 ,! flipside ( ?is is t ov] #ij million ,am]icans are n[ on ! sidel9es & n 9 ! labor =ce1 repres5t+ a #aj million increase s9ce e>ly #bjji4 7#e7 ,real m$ian h\sehold income decl9$ = ! fif? consecutive ye> 9 #bjab 7late/ data available7 &1 at j ov] #ea1jjj1 is curr5tly at its l[e/ level s9ce #aiie4 ,weak wage & income gr[? z a result ( a subp> labor m>ket n only means l[] tax rev5ue com+ 9 to ! ,treasury1 x also means high] gov]nm5t sp5d+ on income support programs4 7#f7 ,a /rong] economy is vital to l[]+ deficit levels & ev5tually balanc+ ! budget4 ,accord+ to ,,cbo1 if annual real ,,gdp gr[? is j #j4a p]c5tage po9t high] ov] ! budget w9d[1 deficits w\ld be r$uc$ by #caa billion4 7#g7 ,?is budget resolution !re=e embraces pro-gr[? policies1 su* z fundam5tal tax re=m1 t w help fo/] a /rong] economy & m job creation4 7#h7 ,re9+ 9 gov]nm5t sp5d+ & l[]+ budget deficits has a positive long-t]m impact on ! economy & ! budget4 ,accord+ to ,,cbo1 a significant deficit r$uction package 7i4e4 #d trillion71 w\ld boo/ long]-t]m economic output by #a4g p]c5t4 ,_! analysis concludes t deficit r$uction creates long-t]m economic b5efits because x increases ! pool ( national sav+s & boo/s inve/m5t1 !reby rais+ economic gr[? & job creation4 7#i7 ,! great] economic output t /ems f a l>ge deficit r$uction package w\ld h a sizeable impact on ! ,f$]al budget4 ,= in/ance1 high] output w\ld lead to great] rev5ues ?r\gh ! increase 9 taxable incomes4 ,l[] int]e/ rates1 & a r$uction 9 ! /ock ( debt1 w\ld lead to l[] gov]nm5t sp5d+ on net int]e/ exp5ses4 ,accord+ to ,,cbo1 ?is dynamic w\ld r$uce unifi$ budget deficits by an am\nt suffici5t to produce a surplus 9 fiscal ye> #bjbd4 7b7 ,policy on economic gr[? & job creation ,x is ! policy ( ?is resolution to promote fa/] economic gr[? & job creation4 ,by putt+ ! budget on a su/a9able pa?1 ?is resolution ends ! debt-fuel$ unc]ta9ty hold+ back job creators4 ,re=ms to ! tax code to put ,am]ican bus9esses & work]s 9 a bett] position to compete & ?rive 9 ! #ba/ c5tury global economy4 ,?is resolution t>gets ! regulatory r$ tape & cronyism t /ack ! deck 9 favor ( special int]e/s4 ,all ( ! re=ms 9 ?is resolution s]ve z means to ! l>g] end ( gr[+ ! economy & exp&+ opportunity = all ,am]icans4 #fjb4 ,policy /atem5t on tax re=m 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,a _w-class tax sy/em %\ld be simple1 fair1 & promote 7r ?an imp$e7 economic gr[?4 ,! ,unit$ ,/ates tax code fails on all ?ree c\nts - x is notori\sly complex1 pat5tly unfair1 & highly ineffici5t4 ,! tax code's complexity di/orts decisions to "w1 save1 & inve/1 :i* leads to sl[] economic gr[?1 l[] wages1 & less job creation4 7#b7 ,ov] ! pa/ decade alone1 !re h be5 m ?an #d1djj *anges to ! tax code1 m ?an "o p] day4 ,_m ( ! major *anges ov] ! ye>s h involv$ c>v+ out special pref]5ces1 exclusions1 or d$uctions = v>i\s activities or gr\ps4 ,^! loopholes add up to m ?an #a trillion p] ye> & make ! code unfair1 ineffici5t1 & highly complex4 7#c7 ,9 addition1 ^! tax pref]5ces are disproportionately us$ by upp]-income individuals4 7#d7 ,! l>ge am\nt ( tax pref]5ces t p]vade ! code end up n>r[+ ! tax base4 ,a n>r[ tax base1 9 turn1 requires mu* high] tax rates to raise a giv5 am\nt ( rev5ue4 7#e7 ,x is e/imat$ t ,am]ican taxpay]s end up sp5d+ #afj billion & r\ghly #f billion h\rs a ye> comply+ ) ! tax code - a wa/e ( "t & res\rces t c\ld be us$ 9 m productive activities4 7#f7 ,/&>d economic !ory %[s t high m>g9al tax rates damp5 ! inc5tives to "w1 save1 & inve/1 :i* r$uces economic output & job creation4 ,l[] economic output1 9 turn1 mutes ! int5d$ rev5ue ga9 f high] m>g9al tax rates4 7#g7 ,r\ghly half ( ,unit$ ,/ates active bus9ess income & half ( private sector employm5t are d]iv$ f bus9ess entities 7su* z p>tn]%ips1 ,s corporations1 & sole proprietor%ips7 t are tax$ on a pass-?r\gh basis1 mean+ ! income fl[s ?r\gh to ! tax returns ( ! individual own]s & is tax$ at ! individual rate /ructure r ?an at ! corporate rate4 ,small bus9esses1 9 p>ticul>1 t5d to *oose ?is =m = ,f$]al tax purposes1 & ! top ,f$]al rate on su* small bus9ess income rea*es #dd4f p]c5t4 ,= ^! reasons1 s\nd economic policy requires l[]+ m>g9al rates on ^! pass-?r\gh entities4 7#h7 ,! ,unit$ ,/ates corporate income tax rate 7includ+ ,f$]al1 ,/ate1 & local taxes7 sums to j ov] #ci p]c5t1 ! highe/ rate 9 ! indu/rializ$ _w4 ,tax rates ?is high suppress wages & disc\rage inve/m5t & job creation1 di/ort bus9ess activity1 & put ,am]ican bus9esses at a competitive disadvantage ) =eign competitors4 7#i7 ,by det]r+ pot5tial inve/m5t1 ! ,unit$ ,/ates corporate tax re/ra9s economic gr[? & job creation4 ,! ,unit$ ,/ates tax rate diff]5tial ) o!r c\ntries also fo/]s a v>iety ( complicat$ mult9ational corporate behaviors int5d$ to avoid ! tax1 :i* h ! effect ( mov+ ! tax base (f%ore1 de/roy+ ,am]ican jobs1 & decreas+ corporate rev5ue4 7#aj7 ,! worldwide /ructure ( ,unit$ ,/ates int]national taxation ess5tially taxes e>n+s ( ,unit$ ,/ates firms twice1 putt+ !m at a significant competitive disadvantage ) competitors ) m competitive int]national tax sy/ems4 7#aa7 ,re=m+ ! ,unit$ ,/ates tax code to a m competitive int]national sy/em w\ld boo/ ! competitiv5ess ( ,unit$ ,/ates companies op]at+ abroad & x w\ld also greatly r$uce tax avoidance4 7#ab7 ,! tax code imposes co/s on ,am]ican work]s ?r\gh l[] wages1 on consum]s 9 high] prices1 & on inve/ors 9 dim9i%$ returns4 7#ac7 ,rev5ues h av]ag$ ab\t #ag4e p]c5t ( ! economy ?r\gh\t mod]n ,am]ican hi/ory4 ,rev5ues rise above ?is level "u curr5t law to #ah4d p]c5t ( ! economy by ! end ( ! #aj-ye> budget w9d[4 7#ad7 ,attempt+ to raise rev5ue ?r\gh tax increases to meet out-(-control sp5d+ w\ld damage ! economy4 7#ae7 ,?is resolution also rejects ! idea ( in/itut+ a c>bon tax 9 ! ,unit$ ,/ates1 :i* "s h (f]$ z a new s\rce ( rev5ue4 ,su* a plan w\ld damage ! economy1 co/ jobs1 & raise prices on ,am]ican consum]s4 7#af7 ,clos+ tax loopholes to fund sp5d+ does n con/itute fundam5tal tax re=m4 7#ag7 ,! goal ( tax re=m %\ld be to curb or elim9ate loopholes & use ^? sav+s to l[] tax rates across ! bo>d--n to fund m wa/eful ,gov]nm5t sp5d+4 ,tax re=m %\ld be rev5ue-neutral & %\ld n be an excuse to raise taxes on ! ,am]ican p4 ,wa%+ton has a sp5d+ problem1 n a rev5ue problem4 7b7 ,policy on tax re=m ,x is ! policy ( ?is resolution t ,congress %\ld enact legislation t provides = a compreh5sive re=m ( ! ,unit$ ,/ates tax code to promote economic gr[?1 create ,am]ican jobs1 increase wages1 & b5efit ,am]ican consum]s1 inve/ors1 & work]s ?r\gh rev5ue-neutral fundam5tal tax re=m t-- 7#a7 simplifies ! tax code to make x fair] to ,am]ican families & bus9esses & r$uces ! am\nt ( "t & res\rces necess>y to comply ) tax laws2 7#b7 sub/antially l[]s tax rates = individuals1 ) a goal ( a*iev+ a top individual rate ( #be p]c5t & consolidat+ ! curr5t sev5 individual income tax brackets into two brackets ) a fir/ bracket ( #aj p]c5t2 7#c7 repeals ! ,alt]native ,m9imum ,tax2 7#d7 r$uces ! corporate tax rate to #be p]c5t2 & 7#e7 transitions ! tax code to a m competitive sy/em ( int]national taxation4 #fjc4 ,policy /atem5t on replac+ ! ,presid5t's heal? c>e law 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,! ,presid5t's heal? c>e law has fail$ to r$uce heal? c>e premiums z promis$4 ,heal? c>e premiums 7 suppos$ to decl9e by #b1ejj4 ,in/ead1 accord+ to ! #bjac ,employ] ,heal? ,b5efits ,survey1 heal? c>e premiums h increas$ by #e p]c5t = individual plans & #d p]c5t = family s9ce #bjab4 ,moreov]1 accord+ to a report f ! ,en]gy & ,comm]ce ,committee1 premiums = individual m>ket plans may g up z mu* z #ej p]c5t because ( ! law4 7#b7 ,! ,presid5t pl$g$ t ,am]icans w\ld be able to keep _! heal? c>e plan if !y lik$ x4 ,b ! non-p>tisan ,congressional ,budget ,(fice n[ e/imates #b million ,am]icans ) employm5t-bas$ heal? cov]age w lose ^? plans4 7#c7 ,!n-,speak] ( ! ,h\se1 ,nancy ,pelosi1 said t ! ,presid5t's heal? c>e law w\ld create #d million jobs ov] ! life ( ! law & almo/ #djj1jjj jobs imm$iately4 ,in/ead1 ! ,congressional ,budget ,(fice e/imates t ! law w r$uce full-"t equival5t employm5t by ab\t #b4j million h\rs 9 #bjag & #b4e million h\rs 9 #bjbd1 comp>$ ) :at w\ld h occurr$ 9 ! abs5ce ( ! ,,aca44 7#d7 ,! implem5tation ( ! law has be5 a failure4 ,! ma9 website t ,am]icans 7 suppos$ to use 9 pur*as+ new cov]age 0 brok5 = ov] a mon?4 ,s9ce ! ,presid5t's heal? c>e law 0 sign$ into law1 ! ,adm9i/ration has ann\nc$ #bc delays4 ,! ,presid5t has also fail$ to submit any nom9ees to sit on ! ,indep5d5t ,paym5t ,advisory ,bo>d1 a panel ( bureaucrats t w cut ,m$ic>e by an additional #ab4a billion ov] ! next t5 ye>s1 accord+ to ! ,presid5t's own budget4 7#e7 ,! ,presid5t's heal? c>e law %\ld be repeal$ & replac$ ) re=ms t make af=dable & quality heal? c>e cov]age available to all ,am]icans4 7b7 ,policy on ,replac+ ! ,presid5t's heal? c>e law ,x is ! policy ( ?is resolution t ! ,presid5t's heal? c>e law mu/ n only be repeal$1 b also replac$1 = ! foll[+ reasons3 7#a7 ,! ,presid5t's heal? c>e law is a gov]nm5t-run sy/em driv+ up heal? c>e co/s & =c+ ,am]icans to lose _! heal? c>e cov]age & %\ld be replac$ ) a re=m$ heal? c>e sy/em t gives pati5ts & _! doctors m *oice & control ov] _! heal? c>e4 7#b7 ,in/ead ( a complex /ructure ( subsidies1 firewalls1 m&ates1 & p5alties1 a re=m$ heal? c>e sy/em %\ld make heal? c>e cov]age portable4 7#c7 ,in/ead ( /ifl+ innovation 9 heal? c>e te*nologies1 treatm5ts1 & m$ications ?r\gh ,f$]al m&ates1 taxes1 & price controls1 a re=m$ heal? c>e sy/em %\ld enc\rage rese>* & developm5t4 7#d7 ,in/ead ( in/itut+ "o-size-fits-all directives f ,f$]al bureaucracies su* z ! ,int]nal ,rev5ue ,s]vice1 ! ,dep>tm5t ( ,heal? & ,human ,s]vices1 & ! ,indep5d5t ,paym5t ,advisory ,bo>d1 individuals & families %\ld be free to secure ! heal? c>e cov]age t be/ meets _! ne$s4 7#e7 ,in/ead ( all[+ fraudul5t lawsuits1 :i* are driv+ up heal? c>e co/s1 ! m$ical liability sy/em %\ld be re=m$ :ile at ! same "t reaffirm+ t ,/ates %\ld be free to implem5t ! policies t be/ suit _! ne$s4 7#f7 ,in/ead ( us+ ,f$]al taxes1 m&ates1 & bureaucracies to address ^? :o h tr\ble secur+ heal? c>e cov]age1 high risk pools %\ld be e/abli%$4 7#g7 ,in/ead ( m ?an d\bl+ sp5d+ on ,m$icaid1 :i* is driv+ up ,f$]al debt & w ev5tually bankrupt ,/ate budgets1 ,m$icaid sp5d+ %\ld be br\ght "u control & ,/ates %\ld be giv5 m flexibility to provide quality1 af=dable c>e to ^? :o are eligible4 7#h7 ,in/ead ( driv+ up heal? c>e co/s & r$uc+ employm5t1 a re=m$ heal? c>e sy/em %\ld l[] heal? c>e co/s1 :i* w increase economic gr[? an employm5t by l[]+ heal? c>e inflation4 #fjd4 ,policy /atem5t on ,m$ic>e 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,m ?an #ej million ,am]icans dep5d on ,m$ic>e = _! heal? security4 7#b7 ,! ,m$ic>e ,tru/ees ,report has repeat$ly recomm5d$ t ,m$ic>e's long-t]m f9ancial *all5ges be address$ soon4 ,ea* ye> )\t re=m1 ! f9ancial condition ( ,m$ic>e becomes m prec>i\s & ! ?reat to ^? 9 or ne> retirem5t becomes m pron\nc$4 ,accord+ to ! ,congressional ,budget ,(fice-- 7,a7 ! ,hospital ,insurance ,tru/ ,fund w be exhau/$ 9 #bjbf & unable to pay s*$ul$ b5efits2 & 7,b7 ,m$ic>e sp5d+ is gr[+ fa/] ?an ! economy & ,m$ic>e outlays are curr5tly ris+ at a rate ( #f p]c5t p] ye> ov] ! next t5 ye>s1 & accord+ to ! ,congressional ,budget ,(fice's #bjac ,long-,t]m ,budget ,outlook1 sp5d+ on ,m$ic>e is project$ to rea* #e p]c5t ( gross dome/ic product 7,,gdp7 by #bjdj & #i4d p]c5t ( ,,gdp by #bjhh4 7#c7 ,! ,presid5t's heal? c>e law creat$ a new ,f$]al ag5cy call$ ! ,indep5d5t ,paym5t ,advisory ,bo>d 7,,ipab7 emp[]$ ) unilat]al au?ority to cut ,m$ic>e sp5d+4 ,z a result ( t law-- 7,a7 ,,ipab w be task$ ) keep+ ! ,m$ic>e p] capita gr[? bel[ a ,m$ic>e p] capita t>get gr[? rate4 ,prior to #bjah1 ! t>get gr[? rate is bas$ on ! five-ye> av]age ( ov]all inflation & m$ical inflation4 ,beg9n+ 9 #bjah1 ! t>get gr[? rate w be ! five-ye> av]age increase 9 ! nom9al ,,gdp plus "o p]c5tage po9t1 :i* ! ,presid5t has twice propos$ to r$uce to ,,gdp plus "o-half p]c5tage po9t2 7,b7 ! fifte5 unelect$1 unacc\ntable bureaucrats ( ,,ipab w make decisions t w r$uce s5iors access to c>e2 7,c7 ! nonp>tisan ,(fice ( ! ,m$ic>e ,*ief ,actu>y e/imates t ! provid] cuts already conta9$ 9 ! ,af=dable ,c>e ,act w =ce #ae p]c5t ( hospitals1 skill$ nurs+ facilities1 & home heal? ag5cies to become unpr(itable 9 #bjai2 & 7,d7 additional cuts f ! ,,ipab bo>d w =ce ev5 m heal? c>e provid]s to close _! doors1 & ! ,bo>d %\ld be repeal$4 7#d7 ,fail+ to address ?is problem w leave millions ( ,am]ican s5iors )\t adequate heal? security & y\ng] g5]ations burd5$ ) enorm\s debt to pay = sp5d+ levels t _c be su/a9$4 7b7 ,policy on m$ic>e re=m ,x is ! policy ( ?is resolution to protect ^? 9 or ne> retirem5t f any disruptions to _! ,m$ic>e b5efits & (f] future b5efici>ies ! same heal? c>e options available to ,memb]s ( ,congress4 7c7 ,assumptions ,?is resolution assumes re=m ( ! ,m$ic>e program su* t3 7#a7 ,curr5t ,m$ic>e b5efits are pres]v$ = ^? 9 or ne> retirem5t4 7#b7 ,= future g5]ations1 :5 !y rea* eligibility1 ,m$ic>e is re=m$ to provide a premium support paym5t & a selection ( gu>ante$ heal? cov]age options f :i* recipi5ts c *oose a plan t be/ suits _! ne$s4 7#c7 ,m$ic>e w ma9ta9 traditional fee-=-s]vice z an option4 7#d7 ,m$ic>e w provide additional assi/ance = l[]-income b5efici>ies & ^? ) great] heal? risks4 7#e7 ,m$ic>e sp5d+ is put on a su/a9able pa? & ! ,m$ic>e program becomes solv5t ov] ! long-t]m4 #fje4 ,policy /atem5t on ,social ,security 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,m ?an #ee million retirees1 individuals ) disabilities1 & survivors dep5d on ,social ,security4 ,s9ce enactm5t1 ,social ,security has s]v$ z a vital leg on ! ?ree-legg$ /ool ( retirem5t security1 :i* includes employ] provid$ p5sions z well z p]sonal sav+s4 7#b7 ,! ,social ,security ,tru/ees ,report has repeat$ly recomm5d$ t ,social ,security's long-t]m f9ancial *all5ges be address$ soon4 ,ea* ye> )\t re=m1 ! f9ancial condition ( ,social ,security becomes m prec>i\s & ! ?reat to s5iors & ^? receiv+ ,social ,security disability b5efits becomes m pron\nc$3 7,a7 ,9 #bjaf1 ! ,disability ,insurance ,tru/ ,fund w be exhau/$ & program rev5ues w be unable to pay s*$ul$ b5efits4 7,b7 ,9 #bjcc1 ! comb9$ ,old-,age & ,survivors & ,disability ,tru/ ,funds w be exhau/$1 & program rev5ues w be unable to pay s*$ul$ b5efits4 7,c7 ,) ! exhau/ion ( ! ,tru/ ,funds 9 #bjcc1 b5efits w be cut ne>ly #be p]c5t across ! bo>d1 deva/at+ ^? curr5tly 9 or ne> retirem5t & ^? :o rely on ,social ,security ! mo/4 7#c7 ,! recession & cont9u$ l[ economic gr[? h exac]bat$ ! loom+ fiscal crisis fac+ ,social ,security4 ,! mo/ rec5t ,,cbo projections f9d t ,social ,security w run ca% deficits ( #a4g trillion ov] ! next #aj ye>s4 7#d7 ,l[]-income ,am]icans rely on ,social ,security = a l>g] proportion ( _! retirem5t income4 ,!re=e1 re=ms %\ld take into consid]ation ! ne$ to protect l[]-income ,am]icans' retirem5t security4 7#e7 ,! ,disability ,insurance program provides an ess5tial income safety net = ^? ) disabilities & _! families4 ,accord+ to ! ,congressional ,budget ,(fice 7,,cbo71 betwe5 #aigj & #bjab1 ! numb] ( p receiv+ disability b5efits 7bo? disabl$ work]s & _! dep5d5t family memb]s7 has increas$ by ov] #cjj p]c5t f #b4g million to ov] #aj4i million4 ,?is increase is n due /rictly to population gr[? or decreases 9 heal?4 ,david ,autor & ,m>k ,duggan h f\nd t ! increase 9 individuals on disability does n reflect a decrease 9 self-report$ heal?4 ,,cbo attributes program gr[? to *anges 9 demographics1 *anges 9 ! composition ( ! labor =ce & comp5sation1 z well z ,f$]al policies4 7#f7 ,if ?is program is n re=m$1 families :o rely on ! lifel9e t disability b5efits provide w face b5efit cuts ( up to #be p]c5t 9 #bjaf1 deva/at+ individuals :o ne$ assi/ance ! mo/4 7#g7 ,9 ! pa/1 ,social ,security has be5 re=m$ on a bip>tisan basis1 mo/ notably by ! ,gre5span ,commission :i* help$ to address ,social ,security %ortfalls = ov] a g5]ation4 7#h7 ,am]icans des]ve action by ! ,presid5t1 ! ,h\se1 & ! ,s5ate to pres]ve & /r5g!n ,social ,security4 ,x is critical t bip>tisan action be tak5 to address ! loom+ insolv5cy ( ,social ,security4 ,9 ?is _s1 ?is resolution creates a bip>tisan opportunity to f9d solutions by requir+ policymak]s to ensure t ,social ,security rema9s a critical "p ( ! safety net4 7b7 ,policy on social security ,x is ! policy ( ?is resolution t ,congress %\ld "w on a bip>tisan basis to make ,social ,security su/a9ably solv5t4 ,?is resolution assumes re=m ( a curr5t law trigg]1 su* t3 7#a7 ,if 9 any ye> ! ,bo>d ( ,tru/ees ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund annual ,tru/ees ,report det]m9es t ! #ge-ye> actu>ial balance ( ! ,social ,security ,tru/ ,funds is 9 deficit1 & ! annual balance ( ! ,social ,security ,tru/ ,funds 9 ! #ge? ye> is 9 deficit1 ! ,bo>d ( ,tru/ees %all1 no lat] ?an ,septemb] #cj ( ! same cal5d> ye>1 submit to ! ,presid5t recomm5dations = /atutory re=ms necess>y to a*ieve a positive #ge-ye> actu>ial balance & a positive annual balance 9 ! #ge?-ye>4 ,recomm5dations provid$ to ! ,presid5t mu/ be agre$ ^u by bo? ,public ,tru/ees ( ! ,bo>d ( ,tru/ees4 7#b7 ,n lat] ?an ,decemb] #a ( ! same cal5d> ye> 9 :i* ! ,bo>d ( ,tru/ees submit _! recomm5dations1 ! ,presid5t %all promptly submit implem5t+ legislation to bo? ,h\ses ( ,congress includ+ 8 recomm5dations necess>y to a*ieve a positive #ge-ye> actu>ial balance & a positive annual balance 9 ! #ge? ye>4 ,! ,majority ,lead] ( ! ,s5ate & ! ,majority ,lead] ( ! ,h\se %all introduce ! ,presid5t's legislation ^u receipt4 7#c7 ,)9 #fj days ( ! ,presid5t submitt+ legislation1 ! committees ( jurisdiction to :i* ! legislation has be5 ref]r$ %all report ! bill :i* %all be consid]$ by ! full ,h\se or ,s5ate "u exp$it$ proc$ures4 7#d7 ,legislation submitt$ by ! ,presid5t %all-- 7,a7 protect ^? 9 or ne> retirem5t2 7,b7 pres]ve ! safety net = ^? :o c\nt on ,social ,security ! mo/1 includ+ ^? ) disabilities & survivors2 7,c7 improve fairness = p>ticipants2 7,d7 r$uce ! burd5 on1 & provide c]ta9ty =1 future g5]ations2 & 7,e7 secure ! future ( ! ,disability ,insurance program :ile address+ ! ne$s ( ^? ) disabilities today & improv+ ! det]m9ation process4 7c7 ,policy on disability insurance ,x is ! policy ( ?is resolution t ,congress & ! ,presid5t %\ld enact legislation on a bip>tisan basis to re=m ! ,disability ,insurance program prior to its insolv5cy 9 #bjaf & %\ld n raid ! ,social ,security retirem5t sy/em )\t re=ms to ! ,disability ,insurance sy/em4 #fjf4 ,policy /atem5t on high] education & work=ce developm5t opportunity 7a7 ,f9d+s on high] education ,! ,h\se f9ds ! foll[+3 7#a7 ,a well-educat$ work=ce is critical to economic1 job1 & wage gr[?4 7#b7 #ai4e million /ud5ts are enroll$ 9 ,am]ican colleges & univ]sities4 7#c7 ,ov] ! la/ decade1 tuition & fees h be5 gr[+ at an unsu/a9able rate4 ,betwe5 ! #bjjb-bjjc ,academic ,ye> & ! #bjab-bjac ,academic ,ye>-- 7,a7 publi%$ tuition & fees = 9-,/ate /ud5ts at public f\r-ye> colleges & univ]sities increas$ at an av]age rate ( #e4b p]c5t p] ye> beyond ! rate ( g5]al inflation2 7,b7 publi%$ tuition & fees = 9-,/ate /ud5ts at public two-ye> colleges & univ]sities increas$ at an av]age rate ( #c4i p]c5t p] ye> beyond ! rate ( g5]al inflation2 & 7,c7 publi%$ tuition & fees = 9-,/ate /ud5ts at private f\r-ye> colleges & univ]sities increas$ at an av]age rate ( #b4d p]c5t p] ye> beyond ! rate ( g5]al inflation4 7#d7 ,ov] t same p]iod1 ,f$]al f9ancial aid has increas$ #aje p]c5t4 7#e7 ,?is sp5d+ has fail$ to make college m af=dable4 7#f7 ,9 8 #bjab ,/ate ( ! ,union ,address1 ,presid5t ,obama not$ t1 ,we c't j keep subsidiz+ skyrocket+ tuition2 we'll run out ( money44 7#g7 ,am]ican /ud5ts are *as+ ev]-increas+ tuition ) ev]-increas+ debt4 ,accord+ to ! ,f$]al ,res]ve ,bank ( ,new ,york1 /ud5t debt m ?an quadrupl$ betwe5 #bjjc & #bjac1 & n[ /&s at ne>ly #a4a trillion4 ,/ud5t debt n[ has ! second l>ge/ balance aft] mortgage debt4 7#h7 ,/ud5ts are c>ry+ l>ge debt loads & too _m fail to complete college or end up default+ on ^! loans due to _! debt burd5 & a weak economy & job m>ket4 7#i7 ,bas$ on e/imates f ! ,congressional ,budget ,(fice1 ! ,pell ,grant ,program w face a fiscal %ortfall beg9n+ 9 fiscal ye> #bjaf & cont9u+ 9 ea* subsequ5t ye> 9 ! curr5t budget w9d[4 7#aj7 ,fail+ to address ^! problems w jeop>dize access & af=dability to high] education = ,am]ica's "y p4 7b7 ,policy on high] education af=dability ,x is ! policy ( ?is resolution to address ! root driv]s ( tuition inflation1 by-- 7#a7 t>get+ ,f$]al f9ancial aid to ^? mo/ 9 ne$2 7#b7 /reaml9+ programs t provide aid to make !m m effective2 7#c7 ma9ta9+ ! maximum ,pell grant aw>d level at #e1gcj 9 ea* ye> ( ! budget w9d[2 & 7#d7 remov+ regulatory b>ri]s 9 high] education t act to re/rict flexibility & innovative tea*+1 p>ticul>ly z x relates to non-traditional models su* z onl9e c\rsework & compet5cy-bas$ le>n+4 7c7 ,f9d+s on work=ce developm5t ,! ,h\se f9ds ! foll[+3 7#a7 ,ov] t5 million ,am]icans are curr5tly unemploy$4 7#b7 ,despite billions ( doll>s 9 sp5d+1 ^? look+ = "w are /ymi$ by a brok5 work=ce developm5t sy/em t fails to connect work]s ) assi/ance & employ]s ) tra9$ p]sonnel4 7#d7 ,accord+ to a #bjaa ,gov]nm5t ,acc\ntability ,(fice 7,,gao7 report1 9 fiscal ye> #bjji1 ! ,f$]al ,gov]nm5t sp5t #ah billion across #i ag5cies to adm9i/] #dg ,f$]al job tra9+ programs1 almo/ all ( :i* ov]lapp$ ) ano!r program 9 t]ms ( (f]$ s]vices & t>get$ population4 7#e7 ,s9ce ! release ( t ,,gao report1 ! ,education & ,work=ce ,committee1 :i* has done ext5sive "w 9 ?is area1 has id5tifi$ m ?an #ej programs4 7#c7 ,)\t *anges1 ?is flaw$ sy/em w cont9ue to fail ^? look+ = "w or to improve _! skills1 & jeop>dize economic gr[?4 7d7 ,policy on work=ce developm5t ,x is ! policy ( ?is resolution to address ! fail+s 9 ! curr5t work=ce developm5t sy/em1 by-- 7#a7 /reaml9+ & consolidat+ ,f$]al job tra9+ programs z advanc$ by ! ,h\se-pass$ ,support+ ,k & ,inve/+ 9 ,lifelong ,skills ,act 7,,skills ,act72 & 7#b7 emp[]+ /ates ) ! flexibility to tailor fund+ & programs to ! specific ne$s ( _! work=ce1 includ+ ! developm5t ( c>e] s*ol>%ips4 #fjg4 ,policy /atem5t on deficit r$uction ?r\gh ! cancellation ( unobligat$ balances 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,accord+ to ! mo/ rec5t e/imate f ! ,(fice ( ,managem5t & ,budget1 ,f$]al ag5cies 7 expect$ to hold #gci billion 9 unobligat$ balances at ! close ( fiscal ye> #bjad4 7#b7 ,^! funds repres5t direct & discretion>y sp5d+ made available by ,congress t rema9s available = exp5diture beyond ! fiscal ye> = :i* !y are provid$4 7#c7 ,9 "s cases1 ag5cies are grant$ fund+ & x rema9s available = obligation indef9itely4 7#d7 ,! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd requires ! ,(fice ( ,managem5t & ,budget to make funds available to ag5cies = obligation & prohibits ! ,adm9i/ration f )hold+ or cancell+ unobligat$ funds unless approv$ by an act ( ,congress4 7#e7 ,great] congressional ov]sight is requir$ to review & id5tify pot5tial sav+s f unne$$ balances ( funds4 7b7 ,policy on deficit r$uction ?r\gh ! cancellation ( unobligat$ balances ,congressional committees %all ?r\gh _! ov]sight activities id5tify & a*ieve sav+s ?r\gh ! cancellation or rescission ( unobligat$ balances t nei!r abrogate contractual obligations ( ! ,gov]nm5t nor r$uce or disrupt ,f$]al commitm5ts "u programs su* z ,social ,security1 vet]ans' affairs1 national security1 & ,treasury au?ority to f9ance ! national debt4 7c7 ,deficit r$uction ,congress1 ) ! assi/ance ( ! ,gov]nm5t ,acc\ntability ,(fice1 ! ,inspectors ,g5]al1 & o!r appropriate ag5cies %\ld cont9ue to make x a high priority to review unobligat$ balances & id5tify sav+s = deficit r$uction4 #fjh4 ,policy /atem5t on responsible /ew>d%ip ( taxpay] doll>s 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,! budget = ! ,h\se ( ,repres5tatives is #ahh million less ?an x 0 :5 ,republicans became ! majority 9 #bjaa4 7#b7 ,! ,h\se ( ,repres5tatives has a*iev$ significant sav+s by consolidat+ op]ations & r5egotiat+ contracts4 7b7 ,policy on responsible /ew>d%ip ( taxpay] doll>s ,x is ! policy ( ?is resolution t3 7#a7 ,! ,h\se ( ,repres5tatives mu/ be a model = ! responsible /ew>d%ip ( taxpay] res\rces & !re=e mu/ id5tify any sav+s t c be a*iev$ ?r\gh great] productivity & effici5cy ga9s 9 ! op]ation & ma9t5ance ( ,h\se s]vices & res\rces l pr9t+1 conf]5ces1 utilities1 telecommunications1 furniture1 gr\nds ma9t5ance1 po/age1 & r5t4 ,?is %\ld include a review ( policies & proc$ures = acquisition ( goods & s]vices to elim9ate any unnecess>y sp5d+4 ,! ,committee on ,h\se ,adm9i/ration %\ld review ! policies p]ta9+ to ! s]vices provid$ to ,memb]s & committees ( ! ,h\se1 & %\ld id5tify ways to r$uce any subsidies paid = ! op]ation ( ! ,h\se gym1 b>b] %op1 salon1 & ! ,h\se d9+ room4 7#b7 ,no taxpay] funds may be us$ to pur*ase fir/ class airf>e or to lease corporate jets = ,memb]s ( ,congress4 7#c7 ,retirem5t b5efits = ,memb]s ( ,congress %\ld n include free1 taxpay]-fund$ heal? c>e = life4 #fji4 ,policy /atem5t on deficit r$uction ?r\gh ! r$uction ( unnecess>y & wa/eful sp5d+ 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,! ,gov]nm5t ,acc\ntability ,(fice 7,,gao7 is requir$ by law to id5tify examples ( wa/e1 duplication1 & ov]lap 9 ,f$]al programs1 & has s id5tifi$ doz5s ( su* examples4 7#b7 ,9 te/imony be=e ! ,committee on ,ov]sight & ,gov]nm5t ,re=m1 ! ,comptroll] ,g5]al has /at$ t address+ ! id5tifi$ wa/e1 duplication1 & ov]lap 9 ,f$]al programs c\ld pot5tially save t5s ( billions ( doll>s4 7#c7 ,9 #bjaa1 #bjab1 & #bjac ! ,gov]nm5t ,acc\ntability ,(fice issu$ reports %[+ excessive duplication & r$undancy 9 ,f$]al programs includ+-- 7,a7 #bji ,sci5ce1 ,te*nology1 ,eng9e]+1 & ,ma!matics education programs 9 #ac diff]5t ,f$]al ag5cies at a co/ ( #c billion annually2 7,b7 #bjj sep>ate ,dep>tm5t ( ,ju/ice crime prev5tion & victim s]vices grant programs ) an annual co/ ( #c4i billion 9 #bjaj2 7,c7 #bj diff]5t ,f$]al entities adm9i/] #afj h\s+ programs & o!r =ms ( ,f$]al assi/ance = h\s+ ) a total co/ ( #agj billion 9 #bjaj2 7,d7 #ag sep>ate ,homel& ,security prep>$ness grant programs t sp5t #cg billion betwe5 fiscal ye> #bjaa & #bjab2 7,e7 #ad grant & loan programs1 & #c tax b5efits to r$uce diesel emissions2 7,f7 #id diff]5t initiatives run by #aa diff]5t ag5cies to enc\rage gre5 build+ 9 ! private sector2 & 7,g7 #bc ag5cies implem5t$ approximately #fgj r5ewable en]gy initiatives 9 fiscal ye> #bjaj at a co/ ( ne>ly #ae billion4 7#d7 ,! ,f$]al ,gov]nm5t sp5ds ab\t #hj billion ea* ye> = approximately #hjj in=mation te*nology inve/m5ts4 ,,gao has id5tifi$ broad acquisition failures1 wa/e1 & unnecess>y duplication 9 ! ,gov]nm5t's in=mation te*nology infra/ructure4 ,exp]ts h e/imat$ t elim9at+ ^! problems c\ld save #be p]c5t - or #bj billion - ( ! ,gov]nm5t's annual in=mation te*nology budget4 7#e7 ,,gao has id5tifi$ /rategic s\rc+ z a pot5tial s\rce ( sp5d+ r$uctions4 ,9 #bjaa ,,gao e/imat$ t sav+ #aj p]c5t ( ! total or all ,f$]al procurem5t c\ld g5]ate ov] #ej billion 9 sav+s annually4 7#f7 ,f$]al ag5cies report$ an e/imat$ #ajh billion 9 improp] paym5ts 9 fiscal ye> #bjab4 7#g7 ,"u clause #b ( ,rule ,,xi ( ! ,rules ( ! ,h\se ( ,repres5tatives1 ea* /&+ committee mu/ hold at lea/ "o he>+ dur+ ea* #abj day p]iod foll[+ its e/abli%m5t on wa/e1 fraud1 abuse1 or mismanagem5t 9 ,gov]nm5t programs4 7#h7 ,accord+ to ! ,congressional ,budget ,(fice1 by fiscal ye> #bjae1 #cb laws w expire1 possibly result+ 9 #fic billion 9 unau?oriz$ appropriations4 ,timely reau?orizations ( ^! laws w\ld ensure assessm5ts ( program ju/ification & effectiv5ess4 7#i7 ,! f9d+s result+ f congressional ov]sight ( ,f$]al ,gov]nm5t programs %\ld result 9 programmatic *anges 9 bo? au?oriz+ /atutes & program fund+ levels4 7b7 ,policy on deficit r$uction ?r\gh ! r$uction ( unnecess>y & wa/eful sp5d+ ,ea* au?oriz+ committee annually %all include 9 its ,views & ,e/imates lett] requir$ "u section #cja7;d7 ( ! ,congressional ,budget ,act ( #aigd recomm5dations to ! ,committee on ! ,budget ( programs )9 ! jurisdiction ( su* committee ^: fund+ %\ld be r$uc$ or elim9at$4 #faj4 ,policy /atem5t on unau?oriz$ sp5d+ ,x is ! policy ( ?is resolution t ! committees ( jurisdiction %\ld review all unau?oriz$ programs fund$ ?r\gh annual appropriations to det]m9e if ! programs are op]at+ effici5tly & effectively4 ,committees %\ld reau?orize ^? programs t 9 ! committees' judgm5t %\ld cont9ue to receive fund+4 #faa4 ,policy /atem5t on ,f$]al regulatory policy 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,excessive regulation at ! ,f$]al level has hurt job creation & damp5$ ! economy1 sl[+ our recov]y f ! economic recession4 7#b7 ,9 ! fir/ two mon?s ( #bjad alone1 ! ,adm9i/ration issu$ #ac1aff pages ( regulations impos+ m ?an #ac billion 9 compliance co/s on job creators & add+ m ?an #af million h\rs ( compliance pap]work4 7#c7 ,! ,small ,bus9ess ,adm9i/ration e/imates t ! total co/ ( regulations is z high z #a4ge trillion p] ye>4 ,s9ce #bjji1 ! ,:ite ,h\se has g5]at$ ov] #did billion 9 regulatory activity1 ) an additional #hg4f billion 9 regulatory co/s curr5tly p5d+4 7#d7 ,! ,dodd-,frank f9ancial s]vices legislation 7,public ,law #aaa-bjc7 result$ 9 m ?an #ag billion 9 compliance co/s & saddl$ job creators ) m ?an #eh million h\rs ( compliance pap]work4 7#e7 ,implem5tation ( ! ,af=dable ,c>e ,act to date has add$ #acb4i million annual h\rs ( compliance pap]work1 impos+ #bd4c billion ( compliance co/s on ! private sector & an #h billion co/ burd5 on ! /ates4 7#f7 ,! highe/ regulatory co/s come f rules issu$ by ! ,environm5tal ,protection ,ag5cy 7,,epa72 ^! regulations are prim>ily t>get$ at ! coal indu/ry4 ,9 ,septemb] #bjac1 ! ,,epa propos$ a rule regulat+ gre5h\se gas emissions f new coal-fir$ p[] plants4 ,! propos$ /&>ds are una*ievable ) curr5t comm]cially available te*nology1 result+ 9 a de-facto ban on new coal-fir$ p[] plants4 ,additional regulations = exi/+ coal plants are expect$ 9 ! summ] ( #bjad4 7#g7 ,coal-fir$ p[] plants provide r\ghly =ty p]c5t ( ! ,unit$ ,/ates electricity at a l[ co/4 ,unfairly t>get+ ! coal indu/ry ) co/ly & una*ievable regulations w increase en]gy prices1 disproportionately disadvantag+ en]gy-int5sive indu/ries l manufactur+ & con/ruction1 & w make life m difficult = millions ( l[-income & middle class families already /ruggl+ to pay _! bills4 7#h7 ,?ree hundr$ & ?irty coal units are be+ retir$ or conv]t$ z a result ( ,,epa regulations4 ,comb9$ ) ! de-facto prohibition on new plants1 ^! retirem5ts & conv]sions may fur!r increase ! co/ ( electricity4 7#i7 ,a rec5t /udy by ,purdue ,univ]sity e/imates t electricity prices 9 ,indiana w rise #cb p]c5t by #bjbc1 due 9 "p to ,,epa regulations4 7#aj7 ,! ,h]itage ,f\ndation rec5tly f\nd t a phase out ( coal w\ld co/ #fjj1jjj jobs by ! end ( #bjbc1 result+ 9 an aggregate gross dome/ic product decrease ( #b4bc trillion ov] ! entire p]iod & r$uc+ ! income ( a family ( f\r by #abjj p] ye>4 ,( ^! jobs1 #ccj1jjj w come f ! manufactur+ sector1 ) ,cali=nia1 ,texas1 ,ohio1 ,ill9ois1 ,p5nsylvania1 ,mi*igan1 ,new ,york1 ,indiana1 ,nor? ,c>ol9a1 ,wiscons91 & ,georgia see+ ! highe/ job losses4 7b7 ,policy on ,f$]al regulation ,x is ! policy ( ?is resolution t ,congress %\ld1 9 consultation ) ! public burd5$ by excessive regulation1 enact legislation t-- 7#a7 seeks to promote economic gr[? & job creation by elim9at+ unnecess>y r$ tape & /reaml9+ & simplify+ ,f$]al regulations2 7#b7 pursues a co/-effective approa* to regulation1 )\t sacrific+ environm5tal1 heal?1 safety b5efits or o!r b5efits1 reject+ ! premise t economic gr[? & environm5tal protection create an ei!r_/or proposition2 7#c7 ensures t regulations d n disproportionately disadvantage l[-income ,am]icans ?r\gh a m rigor\s co/-b5efit analysis1 :i* also consid]s :o w be mo/ affect$ by regulations & :e!r ! h>m caus$ is outweigh$ by ! pot5tial h>m prev5t$2 7#d7 ensures t regulations are subject to an op5 & transp>5t process1 rely on s\nd & publicly available sci5tific data1 & t ! data reli$ ^u = any p>ticul> regulation is provid$ to ,congress imm$iately ^u reque/2 7#e7 frees ! _m commons5se en]gy & wat] projects curr5tly trapp$ 9 complicat$ bureaucratic approval processes2 7#f7 ma9ta9s ! b5efits ( l&m>k environm5tal1 heal? safety1 & o!r /atutes :ile scal+ back ?is adm9i/ration's heavy-h&$ approa* to regulation1 :i* has add$ #did billion 9 mo/ly ideological regulatory activity s9ce #bjji1 mu* ( :i* flies 9 ! face ( ^! /atutes' int5d$ purposes2 & 7#g7 seeks to promote a limit$ gov]nm5t1 :i* w un%ackle our economy & create millions ( new jobs1 provid+ our ,nation ) a /rong & prosp]\s future & exp&+ opportunities = ! g5]ations to come4 #fab4 ,policy /atem5t on trade 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,op5+ =eign m>kets to ,am]ican exports is vital to ! ,unit$ ,/ates economy & b5eficial to ,am]ican work]s & consum]s4 ,! ,comm]ce ,dep>tm5t e/imates t e #a billion ( ,unit$ ,/ates exports supports m ?an #e1jjj jobs "h at home4 7#b7 ,a mod]n & competitive int]national tax sy/em w\ld facilitate global comm]ce = ,unit$ ,/ates mult9ational companies & w\ld enc\rage =eign bus9ess inve/m5t & job creation 9 ! ,unit$ ,/ates 7#c7 ,! ,unit$ ,/ates curr5tly has an antiquat$ sy/em ( int]national taxation :]eby ,unit$ ,/ates mult9ationals op]at+ abroad pay bo? ! =eign-c\ntry tax & ,unit$ ,/ates corporate taxes4 ,!y are ess5tially tax$ twice4 ,?is puts !m at an obvi\s competitive disadvantage4 7#d7 ,! ability to def] ,unit$ ,/ates taxes on _! =eign op]ations1 :i* "s errone\sly ref] to z a tax loophole1 cu%ions ?is disadvantage to a c]ta9 ext5t4 ,elim9at+ or re/rict+ ?is provision 7& o!rs l x7 w\ld h>m ,unit$ ,/ates competitiv5ess4 7#e7 ,?is budget resolution advocates fundam5tal tax re=m t w\ld l[] ! ,unit$ ,/ates corporate rate1 n[ ! highe/ 9 ! indu/rializ$ _w1 & swit* to a m competitive sy/em ( int]national taxation4 ,?is w\ld make ! ,unit$ ,/ates a mu* m attractive place to inve/ & /ation bus9ess activity & w\ld *ip away at ! inc5tives = ,unit$ ,/ates companies to keep _! pr(its ov]seas 7because ! ,unit$ ,/ates corporate rate is s high74 7#f7 ,! /atus quo ( ! curr5t tax code und]m9es ! competitiv5ess ( ,unit$ ,/ates bus9esses & co/s ! ,unit$ ,/ates economy inve/m5t & jobs4 7#g7 ,global trade & comm]ce is n a z]o-sum game4 ,! idea t global expansion t5ds to holl[ out ,unit$ ,/ates op]ations is incorrect4 ,=eign-affiliate activity t5ds to complem5t1 n sub/itute =1 key p>5t activities 9 ! ,unit$ ,/ates su* z employm5t1 work] comp5sation1 & capital inve/m5t4 ,:5 ,unit$ ,/ates headqu>t]$ mult9ationals inve/ & exp& op]ations abroad x (t5 leads to m jobs & economic gr[? at home4 7#h7 ,am]ican bus9esses & work]s h %[n t1 on a level play+ field1 !y c excel & surpass ! int]national competition4 7b7 ,policy on trade ,x is ! policy ( ?is resolution to pursue int]national trade1 global comm]ce1 & a mod]n & competitive ,unit$ ,/ates int]national tax sy/em 9 ord] to promote job creation 9 ! ,unit$ ,/ates4 #fac4 ,no budget1 no pay ,x is ! policy ( ?is resolution t ,congress %\ld agree to a concurr5t resolution on ! budget e ye> pursuant to section #cja ( ! ,congressional ,budget ,act ( #aigd4 ,if by ,april #ae1 a ,h\se ( ,congress has n agre$ to a concurr5t resolution on ! budget1 ! payroll adm9i/rator ( t ,h\se %\ld c>ry out ?is policy 9 ! same mann] z ! provisions ( ,public ,law #aac-c1 ! ,no ,budget1 ,no ,pay ,act ( #bjac1 & place 9 an escr[ acc\nt all comp5sation o!rwise requir$ to be made = ,memb]s ( t ,h\se ( ,congress4 ,)held comp5sation %\ld be releas$ to ,memb]s ( t ,h\se ( ,congress ! e>li] ( ! day on :i* t ,h\se ( ,congress agrees to a concurr5t resolution on ! budget1 pursuant to section #cja ( ! ,congressional ,budget ,act ( #aigd1 or ! la/ day ( t ,congress4 ,april #d1 #bjad ,committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union & ord]$ to be pr9t$