#aac? ,,congress  #b;d ,session  ,h4 ,r4
 #ahga  ,,an ,,act  ,to am5d ! ,balanc$ 
,budget & ,em]g5cy ,deficit ,control    
,act ( #aihe to re=m ! budget basel9e4  
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,basel9e ,re=m ,act ( #bjad4  #b4 ,!  
basel9e ,section #beg ( ! ,balanc$      
,budget & ,em]g5cy ,deficit ,control    
,act ( #aihe is am5d$ to read z foll[s3 
#beg4 ,! basel9e  7a7 ,9 g5]al  7#a7 ,= 
any fiscal ye>1 ! basel9e ref]s to a    
projection ( curr5t-ye> levels ( new    
budget au?ority1 outlays1 or receipts & 
! surplus or deficit = ! curr5t ye>1 !  
budget ye>1 & ! ensu+ n9e outye>s bas$  
on laws enact$ ?r\gh ! applicable date4 
7#b7 ,! basel9es ref]r$ to 9 p>agraph   
7#a7 %all be prep>$ annually4  7b7      
,direct sp5d+ & receipts ,= ! budget ye>
 & ea* outye>1 e/imates = direct sp5d+ 9
 ! basel9e %all be calculat$ z foll[s3  
7#a7 ,9 g5]al ,laws provid+ or creat+   
direct sp5d+ & receipts are assum$ to   
op]ate 9 ! mann] specifi$ 9 ^? laws =   
ea* su* ye> & fund+ = entitlem5t        

au?ority is assum$ to be adequate to    
make all paym5ts requir$ by ^? laws4    
7#b7 ,exceptions  7,a7  7i7 ,no program 
e/abli%$ by a law enact$ on or be=e !   
date ( enactm5t ( ! ,balanc$ ,budget    
,act ( #aiig ) e/imat$ curr5t ye>       
outlays great] ?an #ej1jjj1jjj %all be  
assum$ to expire 9 ! budget ye> or !    
outye>s4 ,! scor+ ( new programs )      
e/imat$ outlays great] ?an #ej1jjj1jjj a
 ye> %all be bas$ on scor+ by !         
,committees on ! ,budget or ,,omb1 z    
applicable4 ,,omb1 ,,cbo1 & !           
,committees on ! ,budget %all consult on
 ! scor+ ( su* programs :]e !re are     
diff]5ces betwe5 ,,cbo & ,,omb4  7ii7   
,on ! expiration ( ! susp5sion ( a      
provision ( law t is susp5d$ "u section 
#aga ( ,public ,law #ajd-abg & t        
au?orizes a program ) e/imat$ fiscal ye>
 outlays t are great] ?an #ej1jjj1jjj1 =
 purposes ( clause 7i71 ! program %all  
be assum$ to cont9ue to op]ate 9 ! same 
mann] z ! program op]at$ imm$iately be=e
 ! expiration ( ! susp5sion4  7,b7 ,!   

increase = vet]ans' comp5sation = a     
fiscal ye> is assum$ to be ! same z t   
requir$ by law = vet]ans' p5sions unless
 o!rwise provid$ by law enact$ 9 t      
session4  7,c7 ,excise taxes d$icat$ to 
a tru/ fund1 if expir+1 are assum$ to be
 ext5d$ at curr5t rates4  7,d7 ,if any  
law expires be=e ! budget ye> or any    
outye>1 !n any program ) e/imat$ curr5t 
ye> outlays great] ?an #ej1jjj1jjj t    
op]ates "u t law %all be assum$ to      
cont9ue to op]ate "u t law z 9 effect   
imm$iately be=e its expiration4  7#c7   
,hospital insurance tru/ fund ,not)/&+  
any o!r provision ( law1 ! receipts &   
disbursem5ts ( ! ,hospital ,insurance   
,tru/ ,fund %all be includ$ 9 all       
calculations requir$ by ?is ,act4  7c7  
,discretion>y sp5d+ ,= ! budget ye> &   
ea* ( ! n9e ensu+ outye>s1 ! basel9e    
%all be calculat$ us+ ! foll[+          
assumptions reg>d+ all am\nts o!r ?an ^?
 cov]$ by subsection 7b73  7#a7 ,e/imat$
 appropriations ,budget>y res\rces o!r  
?an unobligat$ balances %all be at !    

level provid$ = ! budget ye> 9 full-ye> 
appropriation ,acts4 ,if = any acc\nt a 
full-ye> appropriation has n yet be5    
enact$1 budget>y res\rces o!r ?an       
unobligat$ balances %all be at ! level  
available 9 ! curr5t ye>4  7#b7         
,curr5t-ye> appropriations ,if1 = any   
acc\nt1 a cont9u+ appropriation is 9    
effect = less ?an ! entire curr5t ye>1  
!n ! curr5t-ye> am\nt %all be assum$ to 
equal ! am\nt t w\ld be available if t  
cont9u+ appropriation cov]$ ! entire    
fiscal ye>4 ,if law p]mits ! transf] (  
budget au?ority among budget acc\nts 9 !
 curr5t ye>1 ! curr5t-ye> level = an    
acc\nt %all reflect transf]s accompli%$ 
by ! submission (1 or assum$ = ! curr5t 
ye> 91 ! ,presid5t's orig9al budget = ! 
budget ye>4  7d7 ,up-to-,date concepts  
,9 calculat+ ! basel9e = ! budget ye> or
 ea* ( ! n9e ensu+ outye>s1 curr5t-ye>  
am\nts %all be calculat$ us+ ! concepts 
& def9itions t are requir$ = t budget   
ye>4  7e7 ,asset sales ,am\nts realiz$ f
 ! sale ( an asset %all n be includ$ 9  

e/imates "u section #bea1 #bea;,a1 #beb1
 or #bec ( ?is "p or section #e ( !     
,/atutory ,pay-,z-,y-,g ,act ( #bjaj if 
t sale w\ld result 9 a f9ancial co/ to !
 ,gov]nm5t z det]m9$ pursuant to        
scorekeep+ guidel9es4  7f7 ,long-,t]m   
,budget ,outlook ,on or be=e ,july #a ( 
ea* ye>1 ,,cbo %all submit to !         
,committees on ! ,budget ( ! ,h\se (    
,repres5tatives & ! ,s5ate ! ,long-,t]m 
,budget ,outlook = ! fiscal ye> comm5c+ 
on ,octob] #a ( t ye> & at lea/ ! ensu+ 
#dj fiscal ye>s4  4  ,pass$ ! ,h\se (   
,repres5tatives ,april #h1 #bjad4;,cl]k4