,,ii #aad? ,,congress #a/ ,session ,s4 #chb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #e1 #bjae,ms4 ,ayotte 7= h]self1 ,mr4 ,rubio1 & ,mr4 ,portman7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,budget ,a ,,bill ,to elim9ate ! automatic inflation increases = discretion>y programs built into ! basel9e projections & require budget e/imates to be comp>$ ) ! prior ye>'s level4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,basel9e ,re=m ,act ( #bjae4 #b4 ,*anges 9 ! basel9e ,section #beg7;c7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7#b ,u4,s4,c4 #ijg7;c77 is am5d$-- 7#a7 9 ! second s5t5ce ( p>agraph 7#a71 by /rik+ all t foll[s curr5t ye>1 & ins]t+ exclud+ res\rces designat$ z an em]g5cy requirem5t & any res\rces provid$ 9 supplem5tal appropriation laws42 7#b7 by /rik+ p>agraphs 7#b71 7#c71 7#d71 & 7#e72 7#c7 by r$esignat+ p>agraph 7#f7 z p>agraph 7#b72 & 7#d7 by ins]t+ aft] p>agraph 7#b71 z s r$esignat$1 ! foll[+3 7#c7 ,no adju/m5t = inflation ,no adju/m5t %all be made = inflation or = any o!r factor4 4 #c4 ,! ,presid5t's budget 7a7 ,exp5ditures & appropriations ,section #aaje7;a77#e7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7#e7 except z provid$ 9 subsection 7b71 e/imat$ exp5ditures & appropriations = ! curr5t ye> & e/imat$ exp5ditures & propos$ appropriations ! ,presid5t decides are necess>y to support ! ,gov]nm5t 9 ! fiscal ye> = :i* ! budget is submitt$ & at lea/ ! #d fiscal ye>s foll[+ t ye>1 &1 except = detail$ budget e/imates1 ! p]c5tage *ange f ! curr5t ye> to ! fiscal ye> = :i* ! budget is submitt$ = e/imat$ exp5ditures & = appropriations4 4 7b7 ,receipts ,section #aaje7;a77#f7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7#f7 7,a7 e/imat$ receipts ( ! ,gov]nm5t 9 ! curr5t ye> & ! fiscal ye> = :i* ! budget is submitt$ & at lea/ ! #d fiscal ye>s aft] t ye> "u-- 7i7 laws 9 effect :5 ! budget is submitt$2 & 7ii7 proposals 9 ! budget to increase rev5ues2 & 7,b7 ! p]c5tage *ange 79 ! case ( ea* category ref]r$ to 9 clauses 7i7 & 7ii7 ( subp>agraph 7,a77 betwe5 ! curr5t ye> & ! fiscal ye> = :i* ! budget is submitt$ & betwe5 ! curr5t ye> & ea* ( ! #i fiscal ye>s aft] ! fiscal ye> = :i* ! budget is submitt$4 4 7c7 ,legislative proposals ,section #aaje7;a77#ab7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7#ab7 = ea* proposal 9 ! budget = legislation t e/abli%es or exp&s a ,gov]nm5t activity or function a table %[+-- 7,a7 7i7 ! am\nt propos$ 9 ! budget = appropriation & = exp5diture because ( ! proposal 9 ! fiscal ye> = :i* ! budget is submitt$2 7ii7 ! e/imat$ appropriation requir$ because ( ! proposal = ea* ( at lea/ ! #d fiscal ye>s aft] t ye> t ! proposal w be 9 effect2 & 7iii7 ! e/imat$ am\nt = ! same activity or function1 if any1 9 ! curr5t fiscal ye>2 & 7,b7 except = detail$ budget e/imates1 ! p]c5tage *ange 79 ! case ( ea* category ref]r$ to 9 clauses 7i71 7ii71 & 7iii7 ( subp>agraph 7,a77 betwe5 ! curr5t ye> & ! fiscal ye> = :i* ! budget is submitt$4 4 7d7 ,comp>isons ,section #aaje7;a77#ah7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ new budget au?ority & be=e budget outlays4 7e7 ,exp5ditures & tables ,section #aaje7;a7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by r$esignat+ ! second p>agraph 7#cg7 7relat+ to a li/ ( plans & reports7 z p>agraph 7#ci72 & 7#b7 by add+ at ! end ! foll[+3 7#dj7 a comp>ison ( levels ( e/imat$ exp5ditures & propos$ appropriations = ea* function & subfunction 9 ! curr5t fiscal ye> & ! fiscal ye> = :i* ! budget is submitt$1 along ) ! propos$ increase or decrease ( sp5d+ 9 p]c5tage t]ms = ea* function & subfunction4 7#da7 a table on s\rces ( gr[? 9 total direct sp5d+ "u curr5t law & z propos$ 9 ! budget submission = ! budget ye> & at lea/ ! ensu+ #i fiscal ye>s1 :i* %all include *anges 9 outlays attributable to-- 7,a7 co/-(-liv+ adju/m5ts2 7,b7 *anges 9 ! numb] ( program recipi5ts2 7,c7 increases 9 m$ical c>e prices1 utilization & int5sity ( m$ical c>e2 & 7,d7 residual factors4 4 7f7 ,curr5t programs ,section #aaji7;a7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] ! fir/ s5t5ce ! foll[+3 ,= discretion>y sp5d+1 ^! e/imates %all assume ! levels no high] ?an ^? set =? 9 ! discretion>y sp5d+ limits "u section #bea7;c7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7#b ,u4,s4,c4 #ija7;c771 z adju/$1 = ! appropriate fiscal ye>s 7& if no su* limits are 9 effect1 ^! e/imates %all assume adju/$ levels no high] ?an ^? = ! mo/ rec5t fiscal ye> = :i* su* levels 7 9 effect744 #d4 ,! congressional budget ,section #cja7;e7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fcb7;e77 is am5d$-- 7#a7 9 p>agraph 7#a71 by add+ at ! end ! foll[+3 ,! basis ( delib]ations 9 develop+ su* jo9t resolution %all be ! e/imat$ budget>y levels = ! prec$+ fiscal ye>4 ,any budget>y levels p5d+ be=e ! committee & ! text ( ! jo9t resolution %all be accompani$ by a docum5t comp>+ su* levels or su* text to ! e/imat$ levels ( ! prior fiscal ye>42 & 7#b7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,e71 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,f71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,g7 a comp>ison ( levels = ! curr5t fiscal ye> ) propos$ sp5d+ & rev5ue levels = ! subsequ5t fiscal ye>s & ! propos$ increase or decrease ( sp5d+ 9 p]c5tage t]ms = ea* function4 4 #e4 ,congressional budget (fice reports to committees 7a7 ,comp>able levels ,section #bjb7;e77#a7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fjb7;e77#a77 is am5d$ 9 ! fir/ s5t5ce by ins]t+ comp>$ to comp>able levels = ! curr5t ye> be=e ! comma at ! end ( subp>agraph 7,a7 & be=e ! comma at ! end ( subp>agraph 7,b74 7b7 ,s\rces ( sp5d+ gr[? ,section #bjb7;e77#a7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fjb7;e77#a77 is am5d$ by ins]t+ aft] ! fir/ s5t5ce ! foll[+3 ,su* report %all also include a table on s\rces ( sp5d+ gr[? 9 total direct sp5d+1 rev5ue1 deficit1 & debt = ! budget ye> & ! ensu+ #d fiscal ye>s1 :i* %all include *anges 9 outlays attributable to 7,a7 co/-(-liv+ adju/m5ts1 7,b7 *anges 9 ! numb] ( program recipi5ts1 7,c7 increases 9 m$ical c>e prices1 utilization & int5sity ( m$ical c>e1 & 7,d7 residual factors44 7c7 ,comp>ison ( levels ,section #cjh7;a77#a77;,b7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fci7;a77#a77;,b77 is am5d$ by ins]t+ & %all include a comp>ison ( ^? levels to comp>able levels = ! curr5t fiscal ye> be=e 1 if timely submitt$4