#aad? ,,congress #a/ ,session ,9 ! ,h\se ( ,repres5tatives1 ,u4 ,s41 ,april #ad1 #bjae ,,am5dm5t3 ,t ! resolution f ! ,s5ate 7,s4 ,con4 ,res4 #aa7 entitl$ ,concurr5t resolution sett+ =? ! congressional budget = ! ,unit$ ,/ates ,gov]nm5t = fiscal ye> #bjaf & sett+ =? ! appropriate budget>y levels = fiscal ye>s #bjag ?r\gh #bjbe41 d pass ) ! foll[+ ,/rike all aft] ! resolv+ clause & ins]t ! foll[+3 #a4 ,concurr5t resolution on ! budget = fiscal ye> #bjaf 7a7 ,decl>ation ,! ,congress det]m9es & decl>es t ?is concurr5t resolution e/abli%es ! budget = fiscal ye> #bjaf & sets =? appropriate budget>y levels = fiscal ye>s #bjag ?r\gh #bjbe4 7b7 ,table ( ,cont5ts ,! table ( cont5ts = ?is concurr5t resolution is z foll[s3 ,sec4 #a4 ,concurr5t resolution on ! budget = fiscal ye> #bjaf4 ,title ,i--,recomm5d$ levels & am\nts ,sec4 #aja4 ,recomm5d$ levels & am\nts4 ,sec4 #ajb4 ,major functional categories4 ,title ,,ii--,reconciliation ,sec4 #bja4 ,reconciliation 9 ! ,h\se ( ,repres5tatives4 ,sec4 #bjb4 ,reconciliation proc$ures4 ,sec4 #bjc4 ,additional guidance = reconciliation4 ,title ,,iii--,submissions = ! ,elim9ation ( ,wa/e1 ,fraud1 & ,abuse ,sec4 #cja4 ,submissions ( f9d+s = ! elim9ation ( wa/e1 fraud1 & abuse4 ,title ,,iv--,budget ,en=cem5t ,sec4 #dja4 ,co/ e/imates = major legislation to incorporate macroeconomic effects4 ,sec4 #djb4 ,limitation on measures affect+ ,social ,security solv5cy4 ,sec4 #djc4 ,budget>y treatm5t ( adm9i/rative exp5ses4 ,sec4 #djd4 ,limitation on transf]s f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund4 ,sec4 #dje4 ,limitation on advance appropriations4 ,sec4 #djf4 ,fair value cr$it e/imates4 ,sec4 #djg4 ,limitation on long-t]m sp5d+4 ,sec4 #djh4 ,allocation = ov]seas cont+5cy op]ations_/global w> on t]rorism4 ,sec4 #dji4 ,adju/m5ts = improv$ control ( budget>y res\rces4 ,sec4 #daj4 ,concepts1 aggregates1 allocations & application4 ,sec4 #daa4 ,rulemak+ p[]s4 ,title ,v--,res]ve funds ,sec4 #eja4 ,res]ve fund = ! repeal ( ! ,presid5t's heal? c>e law4 ,sec4 #ejb4 ,deficit-neutral res]ve fund = promot+ real heal? c>e re=m4 ,sec4 #ejc4 ,deficit-neutral res]ve fund relat$ to ! ,m$ic>e provisions ( ! ,presid5t's heal? c>e law4 ,sec4 #ejd4 ,deficit-neutral res]ve fund = ! ,/ate ,*ildr5's ,heal? ,insurance ,program4 ,sec4 #eje4 ,deficit-neutral res]ve fund = graduate m$ical education4 ,sec4 #ejf4 ,deficit-neutral res]ve fund = trade agreem5ts4 ,sec4 #ejg4 ,deficit-neutral res]ve fund = re=m+ ! tax code4 ,sec4 #ejh4 ,deficit-neutral res]ve fund = rev5ue measures4 ,sec4 #eji4 ,deficit-neutral res]ve fund to r$uce pov]ty & increase opportunity & upw>d mobility4 ,sec4 #eaj4 ,deficit-neutral res]ve fund = transportation4 ,sec4 #eaa4 ,deficit-neutral res]ve fund = ,f$]al retirem5t re=m4 ,sec4 #eab4 ,deficit-neutral res]ve fund = def5se seque/] replacem5t4 ,title ,,vi--,e/imates ( direct sp5d+ ,sec4 #fja4 ,direct sp5d+4 ,title ,,vii--,recomm5d$ ,long-,t]m ,levels ,sec4 #gja4 ,long-t]m budget+4 ,title ,,viii--,policy /atem5ts ,sec4 #hja4 ,policy /atem5t on balanc$ budget am5dm5t4 ,sec4 #hjb4 ,policy /atem5t on budget process & basel9e re=m4 ,sec4 #hjc4 ,policy /atem5t on economic gr[? & job creation4 ,sec4 #hjd4 ,policy /atem5t on tax re=m4 ,sec4 #hje4 ,policy /atem5t on trade4 ,sec4 #hjf4 ,policy /atem5t on ,social ,security4 ,sec4 #hjg4 ,policy /atem5t on repeal+ ! ,presid5t's heal? c>e law & promot+ real heal? c>e re=m4 ,sec4 #hjh4 ,policy /atem5t on ,m$ic>e4 ,sec4 #hji4 ,policy /atem5t on m$ical discov]y1 developm5t1 deliv]y & innovation4 ,sec4 #haj4 ,policy /atem5t on ,f$]al regulatory re=m4 ,sec4 #haa4 ,policy /atem5t on high] education & work=ce developm5t opportunity4 ,sec4 #hab4 ,policy /atem5t on ,dep>tm5t ( ,vet]ans ,affairs4 ,sec4 #hac4 ,policy /atem5t on ,f$]al acc\nt+ me?odologies4 ,sec4 #had4 ,policy /atem5t on scorekeep+ = outye> budget>y effects 9 appropriation ,acts4 ,sec4 #hae4 ,policy /atem5t on r$uc+ unnecess>y1 wa/eful1 & unau?oriz$ sp5d+4 ,sec4 #haf4 ,policy /atem5t on deficit r$uction ?r\gh ! cancellation ( unobligat$ balances4 ,sec4 #hag4 ,policy /atem5t on ag5cy fees & sp5d+4 ,sec4 #hah4 ,policy /atem5t on responsible /ew>d%ip ( taxpay] doll>s4 ,sec4 #hai4 ,policy /atem5t on ,no ,budget1 ,no ,pay4 ,sec4 #hbj4 ,policy /atem5t on national security fund+4 ,i ,recomm5d$ levels & am\nts #aja4 ,recomm5d$ levels & am\nts ,! foll[+ budget>y levels are appropriate = ea* ( fiscal ye>s #bjaf ?r\gh #bjbe3 7#a7 ,f$]al rev5ues ,= purposes ( ! en=cem5t ( ?is concurr5t resolution3 7,a7 ,! recomm5d$ levels ( ,f$]al rev5ues are z foll[s3 ,fiscal ye> #bjaf3 #b1fff1gee1jjj1jjj4 ,fiscal ye> #bjag3 #b1gfc1cbh1jjj1jjj4 ,fiscal ye> #bjah3 #b1heh1aca1jjj1jjj4 ,fiscal ye> #bjai3 #b1igd1adg1jjj1jjj4 ,fiscal ye> #bjbj3 #c1jii1daj1jjj1jjj4 ,fiscal ye> #bjba3 #c1bda1ifc1jjj1jjj4 ,fiscal ye> #bjbb3 #c1chh1fhh1jjj1jjj4 ,fiscal ye> #bjbc3 #c1eej1chh1jjj1jjj4 ,fiscal ye> #bjbd3 #c1gbb1add1jjj1jjj4 ,fiscal ye> #bjbe3 #c1ije1fdh1jjj1jjj4 7,b7 ,! am\nts by :i* ! aggregate levels ( ,f$]al rev5ues %\ld be *ang$ are z foll[s3 ,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 ,fiscal ye> #bjbe3 #j4 7#b7 ,new budget au?ority ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ! budget>y levels ( total new budget au?ority are z foll[s3 ,fiscal ye> #bjaf3 #b1icf1ihi1jjj1jjj4 ,fiscal ye> #bjag3 #b1hgd1jjc1jjj1jjj4 ,fiscal ye> #bjah3 #b1idd1jfg1jjj1jjj4 ,fiscal ye> #bjai3 #c1jia1ajd1jjj1jjj4 ,fiscal ye> #bjbj3 #c1bdh1aha1jjj1jjj4 ,fiscal ye> #bjba3 #c1cbh1jde1jjj1jjj4 ,fiscal ye> #bjbb3 #c1dfc1jdd1jjj1jjj4 ,fiscal ye> #bjbc3 #c1ebi1afa1jjj1jjj4 ,fiscal ye> #bjbd3 #c1ehf1efj1jjj1jjj4 ,fiscal ye> #bjbe3 #c1gae1cfi1jjj1jjj4 7#c7 ,budget outlays ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ! budget>y levels ( total budget outlays are z foll[s3 ,fiscal ye> #bjaf3 #c1jaj1ahe1jjj1jjj4 ,fiscal ye> #bjag3 #b1hid1dci1jjj1jjj4 ,fiscal ye> #bjah3 #b1ibg1bgf1jjj1jjj4 ,fiscal ye> #bjai3 #c1jfb1bgj1jjj1jjj4 ,fiscal ye> #bjbj3 #c1bje1fad1jjj1jjj4 ,fiscal ye> #bjba3 #c1bih1ihd1jjj1jjj4 ,fiscal ye> #bjbb3 #c1deb1edf1jjj1jjj4 ,fiscal ye> #bjbc3 #c1dig1iii1jjj1jjj4 ,fiscal ye> #bjbd3 #c1ech1dia1jjj1jjj4 ,fiscal ye> #bjbe3 #c1fhe1cbg1jjj1jjj4 7#d7 ,deficits 7on-budget7 ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ! am\nts ( ! deficits 7on-budget7 are z foll[s3 ,fiscal ye> #bjaf3 -#cdc1dcj1jjj1jjj4 ,fiscal ye> #bjag3 -#aca1aaa1jjj1jjj4 ,fiscal ye> #bjah3 -#fi1ade1jjj1jjj4 ,fiscal ye> #bjai3 -#hh1abc1jjj1jjj4 ,fiscal ye> #bjbj3 -#ajf1bjd1jjj1jjj4 ,fiscal ye> #bjba3 -#eg1jba1jjj1jjj4 ,fiscal ye> #bjbb3 -#fc1heh1jjj1jjj4 ,fiscal ye> #bjbc3 #eb1chi1jjj1jjj4 ,fiscal ye> #bjbd3 #ahc1fec1jjj1jjj4 ,fiscal ye> #bjbe3 #bbj1cba1jjj1jjj4 7#e7 ,debt subject to limit ,! budget>y levels ( ! public debt are z foll[s3 ,fiscal ye> #bjaf3 #ai1jdh1iae1jjj1jjj4 ,fiscal ye> #bjag3 #ai1cie1bea1jjj1jjj4 ,fiscal ye> #bjah3 #ai1fdc1cda1jjj1jjj4 ,fiscal ye> #bjai3 #ai1idi1heh1jjj1jjj4 ,fiscal ye> #bjbj3 #bj1bfc1chb1jjj1jjj4 ,fiscal ye> #bjba3 #bj1ejg1hbi1jjj1jjj4 ,fiscal ye> #bjbb3 #bj1ijh1hdj1jjj1jjj4 ,fiscal ye> #bjbc3 #ba1jgh1ace1jjj1jjj4 ,fiscal ye> #bjbd3 #bj1iah1eei1jjj1jjj4 ,fiscal ye> #bjbe3 #bj1ijg1afi1jjj1jjj4 7#f7 ,debt held by ! public ,! budget>y levels ( debt held by ! public are z foll[s3 ,fiscal ye> #bjaf3 #ac1hci1aeb1jjj1jjj4 ,fiscal ye> #bjag3 #ad1jda1gji1jjj1jjj4 ,fiscal ye> #bjah3 #ad1adf1ide1jjj1jjj4 ,fiscal ye> #bjai3 #ad1cdj1jhd1jjj1jjj4 ,fiscal ye> #bjbj3 #ad1efb1baj1jjj1jjj4 ,fiscal ye> #bjba3 #ad1gdd1bhg1jjj1jjj4 ,fiscal ye> #bjbb3 #ae1acj1cfi1jjj1jjj4 ,fiscal ye> #bjbc3 #ae1cjb1deg1jjj1jjj4 ,fiscal ye> #bjbd3 #ae1afd1eej1jjj1jjj4 ,fiscal ye> #bjbe3 #ae1bcg1fdg1jjj1jjj4 #ajb4 ,major functional categories ,! ,congress det]m9es & decl>es t ! budget>y levels ( new budget au?ority & outlays = fiscal ye>s #bjaf ?r\gh #bjbe = ea* major functional category are3 7#a7 ,national ,def5se 7#jej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #eca1ccd1jjj1jjj4 7,b7 ,outlays1 #efd1jbg1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ehb1ejf1jjj1jjj4 7,b7 ,outlays1 #egb1jbe1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #fjg1gdd1jjj1jjj4 7,b7 ,outlays1 #ehf1dbb1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #fbj1jai1jjj1jjj4 7,b7 ,outlays1 #fjd1bch1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #fcb1caj1jjj1jjj4 7,b7 ,outlays1 #fag1eec1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #fdd1fbg1jjj1jjj4 7,b7 ,outlays1 #fcj1faj1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #feg1fcd1jjj1jjj4 7,b7 ,outlays1 #fdh1bfi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #fgj1iig1jjj1jjj4 7,b7 ,outlays1 #fef1chi1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #fhc1gga1jjj1jjj4 7,b7 ,outlays1 #ffc1icf1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #fih1hcf1jjj1jjj4 7,b7 ,outlays1 #fhc1cej1jjj1jjj4 7#b7 ,int]national ,affairs 7#aej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #ch1cdb1jjj1jjj4 7,b7 ,outlays1 #db1ibc1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ci1fbc1jjj1jjj4 7,b7 ,outlays1 #dj1hba1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #dj1eci1jjj1jjj4 7,b7 ,outlays1 #ci1gcf1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #da1dcg1jjj1jjj4 7,b7 ,outlays1 #ci1bad1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #db1cij1jjj1jjj4 7,b7 ,outlays1 #ci1efd1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #db1hfa1jjj1jjj4 7,b7 ,outlays1 #dj1ajh1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #dd1jha1jjj1jjj4 7,b7 ,outlays1 #dj1hfh1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #de1jgj1jjj1jjj4 7,b7 ,outlays1 #da1fcc1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #df1jih1jjj1jjj4 7,b7 ,outlays1 #db1dgj1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #dg1adh1jjj1jjj4 7,b7 ,outlays1 #dc1cdi1jjj1jjj4 7#c7 ,g5]al ,sci5ce1 ,space1 & ,te*nology 7#bej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #bh1cha1jjj1jjj4 7,b7 ,outlays1 #bi1jjc1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bh1icb1jjj1jjj4 7,b7 ,outlays1 #bh1ibd1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #bi1egi1jjj1jjj4 7,b7 ,outlays1 #bi1ceg1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #cj1bbg1jjj1jjj4 7,b7 ,outlays1 #bi1gih1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #cj1ijd1jjj1jjj4 7,b7 ,outlays1 #cj1chh1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ca1ehd1jjj1jjj4 7,b7 ,outlays1 #cj1ieg1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #cb1bic1jjj1jjj4 7,b7 ,outlays1 #ca1fcg1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #cc1jjc1jjj1jjj4 7,b7 ,outlays1 #cb1cch1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #cc1gdb1jjj1jjj4 7,b7 ,outlays1 #cc1jei1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #cd1dhh1jjj1jjj4 7,b7 ,outlays1 #cc1gie1jjj1jjj4 7#d7 ,en]gy 7#bgj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority -#c1eha1jjj1jjj4 7,b7 ,outlays1 #fed1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #a1daj1jjj1jjj4 7,b7 ,outlays1 #fdi1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #a1ahi1jjj1jjj4 7,b7 ,outlays1 #bcd1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #a1aif1jjj1jjj4 7,b7 ,outlays1 #cjg1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #a1bei1jjj1jjj4 7,b7 ,outlays1 #dgb1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #a1cji1jjj1jjj4 7,b7 ,outlays1 #gbh1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #a1cce1jjj1jjj4 7,b7 ,outlays1 #hfc1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #a1cge1jjj1jjj4 7,b7 ,outlays1 #a1jjj1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #a1ccb1jjj1jjj4 7,b7 ,outlays1 #a1jcg1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 -#ifd1jjj1jjj4 7,b7 ,outlays1 -#a1bae1jjj1jjj4 7#e7 ,natural ,res\rces & ,environm5t 7#cjj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #ce1cej1jjj1jjj4 7,b7 ,outlays1 #ch1aac1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #cf1jdg1jjj1jjj4 7,b7 ,outlays1 #ch1bfh1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #cf1che1jjj1jjj4 7,b7 ,outlays1 #cg1fgd1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #cg1bjf1jjj1jjj4 7,b7 ,outlays1 #cg1gdg1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #ch1aga1jjj1jjj4 7,b7 ,outlays1 #ch1cjd1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ch1cfg1jjj1jjj4 7,b7 ,outlays1 #ch1fhe1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ci1bba1jjj1jjj4 7,b7 ,outlays1 #ci1cfa1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #dj1ajh1jjj1jjj4 7,b7 ,outlays1 #dj1cai1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #dj1ifb1jjj1jjj4 7,b7 ,outlays1 #dj1dhf1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #ci1jie1jjj1jjj4 7,b7 ,outlays1 #ch1dga1jjj1jjj4 7#f7 ,agriculture 7#cej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #bj1aji1jjj1jjj4 7,b7 ,outlays1 #ba1afd1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bc1jfd1jjj1jjj4 7,b7 ,outlays1 #bc1aid1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ba1ihg1jjj1jjj4 7,b7 ,outlays1 #ba1cif1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #bj1ijg1jjj1jjj4 7,b7 ,outlays1 #bj1bge1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #ai1hce1jjj1jjj4 7,b7 ,outlays1 #ai1chf1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ai1bif1jjj1jjj4 7,b7 ,outlays1 #ah1hdi1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ai1bde1jjj1jjj4 7,b7 ,outlays1 #ah1hcj1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ai1hba1jjj1jjj4 7,b7 ,outlays1 #ai1cia1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #bj1jbj1jjj1jjj4 7,b7 ,outlays1 #ai1eec1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #bj1bef1jjj1jjj4 7,b7 ,outlays1 #ai1hea1jjj1jjj4 7#g7 ,comm]ce & ,h\s+ ,cr$it 7#cgj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority -#c1bfi1jjj1jjj4 7,b7 ,outlays1 -#af1fag1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#ab1cgc1jjj1jjj4 7,b7 ,outlays1 -#bf1fbj1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#aj1beb1jjj1jjj4 7,b7 ,outlays1 -#bd1iih1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#h1hja1jjj1jjj4 7,b7 ,outlays1 -#bh1ehg1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#f1ijc1jjj1jjj4 7,b7 ,outlays1 -#bg1dgi1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#f1ebb1jjj1jjj4 7,b7 ,outlays1 -#ba1gfi1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#e1gdb1jjj1jjj4 7,b7 ,outlays1 -#bb1hai1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#d1ife1jjj1jjj4 7,b7 ,outlays1 -#bc1cjf1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#c1iia1jjj1jjj4 7,b7 ,outlays1 -#bc1fce1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 -#c1cgj1jjj1jjj4 7,b7 ,outlays1 -#bc1hde1jjj1jjj4 7#h7 ,transportation 7#djj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #cf1gdc1jjj1jjj4 7,b7 ,outlays1 #gi1aha1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #fi1cha1jjj1jjj4 7,b7 ,outlays1 #fi1ejj1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #gj1bih1jjj1jjj4 7,b7 ,outlays1 #gc1fbc1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #gf1cig1jjj1jjj4 7,b7 ,outlays1 #gf1jea1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #gg1gfc1jjj1jjj4 7,b7 ,outlays1 #gf1gfg1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #gi1adi1jjj1jjj4 7,b7 ,outlays1 #gh1cfi1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #hj1fac1jjj1jjj4 7,b7 ,outlays1 #gi1idf1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #hb1abh1jjj1jjj4 7,b7 ,outlays1 #ha1ccf1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #hc1gji1jjj1jjj4 7,b7 ,outlays1 #hb1gbd1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #he1cce1jjj1jjj4 7,b7 ,outlays1 #hc1ihc1jjj1jjj4 7#i7 ,community & ,regional ,developm5t 7#dej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #g1jhb1jjj1jjj4 7,b7 ,outlays1 #ai1ibh1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #g1fhh1jjj1jjj4 7,b7 ,outlays1 #af1gec1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #h1jhi1jjj1jjj4 7,b7 ,outlays1 #ae1chc1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #h1cha1jjj1jjj4 7,b7 ,outlays1 #ac1ghi1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #h1dji1jjj1jjj4 7,b7 ,outlays1 #ab1efg1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #h1cje1jjj1jjj4 7,b7 ,outlays1 #ab1jie1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #h1cjd1jjj1jjj4 7,b7 ,outlays1 #aj1icg1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #h1cei1jjj1jjj4 7,b7 ,outlays1 #i1cde1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #h1ddg1jjj1jjj4 7,b7 ,outlays1 #h1hij1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #h1egi1jjj1jjj4 7,b7 ,outlays1 #h1icj1jjj1jjj4 7#aj7 ,education1 ,tra9+1 ,employm5t1 & ,social ,s]vices 7#ejj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #hj1fbj1jjj1jjj4 7,b7 ,outlays1 #ij1chi1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #hd1gdf1jjj1jjj4 7,b7 ,outlays1 #ij1eac1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #hg1jbi1jjj1jjj4 7,b7 ,outlays1 #hg1cff1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #he1ead1jjj1jjj4 7,b7 ,outlays1 #he1bij1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #hg1ija1jjj1jjj4 7,b7 ,outlays1 #hg1ffi1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #hh1ijh1jjj1jjj4 7,b7 ,outlays1 #hi1bgf1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ij1adh1jjj1jjj4 7,b7 ,outlays1 #ij1dfg1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ia1bcg1jjj1jjj4 7,b7 ,outlays1 #ia1fdf1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ib1gdd1jjj1jjj4 7,b7 ,outlays1 #ic1aja1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #id1djj1jjj1jjj4 7,b7 ,outlays1 #id1gcd1jjj1jjj4 7#aa7 ,heal? 7#eej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #daf1dge1jjj1jjj4 7,b7 ,outlays1 #dbf1hfj1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #cfj1fgh1jjj1jjj4 7,b7 ,outlays1 #cfd1hbc1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ceh1eid1jjj1jjj4 7,b7 ,outlays1 #cfj1dfh1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #cfg1ajc1jjj1jjj4 7,b7 ,outlays1 #cfg1iaf1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #chg1jgf1jjj1jjj4 7,b7 ,outlays1 #cgg1cda1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #chh1iha1jjj1jjj4 7,b7 ,outlays1 #chi1jbe1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #cih1acf1jjj1jjj4 7,b7 ,outlays1 #cih1bcc1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #djh1ded1jjj1jjj4 7,b7 ,outlays1 #djh1ebi1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #dbe1cha1jjj1jjj4 7,b7 ,outlays1 #dbe1dgg1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #dcc1ide1jjj1jjj4 7,b7 ,outlays1 #dcd1adc1jjj1jjj4 7#ab7 ,m$ic>e 7#egj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #egg1gbf1jjj1jjj4 7,b7 ,outlays1 #egg1fce1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ehj1hcg1jjj1jjj4 7,b7 ,outlays1 #ehj1ggg1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ehj1ghb1jjj1jjj4 7,b7 ,outlays1 #ehj1gda1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #fci1bic1jjj1jjj4 7,b7 ,outlays1 #fci1bac1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #fhj1ege1jjj1jjj4 7,b7 ,outlays1 #fhj1dha1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #gbf1fdd1jjj1jjj4 7,b7 ,outlays1 #gbf1edh1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #hjh1bjd1jjj1jjj4 7,b7 ,outlays1 #hjh1ajj1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #hbe1egg1jjj1jjj4 7,b7 ,outlays1 #hbe1cgi1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #hcd1adh1jjj1jjj4 7,b7 ,outlays1 #hcd1jcg1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #ibg1daj1jjj1jjj4 7,b7 ,outlays1 #ibg1bib1jjj1jjj4 7#ac7 ,income ,security 7#fjj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #eab1cfd1jjj1jjj4 7,b7 ,outlays1 #eac1gji1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #dgi1hcf1jjj1jjj4 7,b7 ,outlays1 #dge1bcd1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #dha1iid1jjj1jjj4 7,b7 ,outlays1 #dga1iea1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #dhc1bic1jjj1jjj4 7,b7 ,outlays1 #dgg1dgj1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #eaf1aic1jjj1jjj4 7,b7 ,outlays1 #eaj1fjc1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ejb1jja1jjj1jjj4 7,b7 ,outlays1 #dif1hef1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #eah1fij1jjj1jjj4 7,b7 ,outlays1 #eah1edb1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ebe1bcj1jjj1jjj4 7,b7 ,outlays1 #eai1cia1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ecb1eae1jjj1jjj4 7,b7 ,outlays1 #eba1aje1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #eej1jeg1jjj1jjj4 7,b7 ,outlays1 #edc1cfa1jjj1jjj4 7#ad7 ,social ,security 7#fej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #cc1hgh1jjj1jjj4 7,b7 ,outlays1 #cc1iai1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #cf1ece1jjj1jjj4 7,b7 ,outlays1 #cf1ece1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ci1djg1jjj1jjj4 7,b7 ,outlays1 #ci1djg1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #db1fcd1jjj1jjj4 7,b7 ,outlays1 #db1fcd1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #df1ajd1jjj1jjj4 7,b7 ,outlays1 #df1ajd1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #di1gab1jjj1jjj4 7,b7 ,outlays1 #di1gab1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #ec1edg1jjj1jjj4 7,b7 ,outlays1 #ec1edg1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #eg1dee1jjj1jjj4 7,b7 ,outlays1 #eg1dee1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #fa1edf1jjj1jjj4 7,b7 ,outlays1 #fa1edf1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #fe1gea1jjj1jjj4 7,b7 ,outlays1 #fe1gea1jjj1jjj4 7#ae7 ,vet]ans ,b5efits & ,s]vices 7#gjj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #aff1fgg1jjj1jjj4 7,b7 ,outlays1 #agj1aba1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #afd1hdc1jjj1jjj4 7,b7 ,outlays1 #afd1chg1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #afc1jji1jjj1jjj4 7,b7 ,outlays1 #afb1che1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #agd1hfb1jjj1jjj4 7,b7 ,outlays1 #agd1jdh1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #agi1gce1jjj1jjj4 7,b7 ,outlays1 #agh1ggh1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #ahc1ifi1jjj1jjj4 7,b7 ,outlays1 #ahc1jai1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #aif1bhc1jjj1jjj4 7,b7 ,outlays1 #aie1bee1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #aib1hff1jjj1jjj4 7,b7 ,outlays1 #aia1hcd1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ahi1ffh1jjj1jjj4 7,b7 ,outlays1 #ahh1eec1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #bjc1eag1jjj1jjj4 7,b7 ,outlays1 #bjb1chc1jjj1jjj4 7#af7 ,adm9i/ration ( ,ju/ice 7#gej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #eb1aef1jjj1jjj4 7,b7 ,outlays1 #ef1jjf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #ee1dej1jjj1jjj4 7,b7 ,outlays1 #eg1edg1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #ee1afi1jjj1jjj4 7,b7 ,outlays1 #ef1fei1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #ef1hed1jjj1jjj4 7,b7 ,outlays1 #ef1egb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #eh1ehe1jjj1jjj4 7,b7 ,outlays1 #eh1cib1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #fj1dih1jjj1jjj4 7,b7 ,outlays1 #ei1iib1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #fc1jcb1jjj1jjj4 7,b7 ,outlays1 #fb1dhe1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #fd1iag1jjj1jjj4 7,b7 ,outlays1 #fd1cee1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #ff1hdd1jjj1jjj4 7,b7 ,outlays1 #ff1bfd1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #fh1fcb1jjj1jjj4 7,b7 ,outlays1 #fh1jea1jjj1jjj4 7#ag7 ,g5]al ,gov]nm5t 7#hjj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #bc1eic1jjj1jjj4 7,b7 ,outlays1 #bc1egf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bb1gfa1jjj1jjj4 7,b7 ,outlays1 #bc1bjb1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #bb1hag1jjj1jjj4 7,b7 ,outlays1 #bc1bgi1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #bc1beb1jjj1jjj4 7,b7 ,outlays1 #bc1jhd1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #bc1idg1jjj1jjj4 7,b7 ,outlays1 #bc1fjb1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #bd1aib1jjj1jjj4 7,b7 ,outlays1 #bd1cji1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #bd1iha1jjj1jjj4 7,b7 ,outlays1 #be1aad1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #be1fie1jjj1jjj4 7,b7 ,outlays1 #be1hdj1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #bf1jaj1jjj1jjj4 7,b7 ,outlays1 #be1hgh1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #bf1ifh1jjj1jjj4 7,b7 ,outlays1 #bf1hbe1jjj1jjj4 7#ah7 ,net ,int]e/ 7#ijj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #cff1edb1jjj1jjj4 7,b7 ,outlays1 #cff1edb1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #dad1hjb1jjj1jjj4 7,b7 ,outlays1 #dad1hjb1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #dgg1ghe1jjj1jjj4 7,b7 ,outlays1 #dgg1ghe1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #eca1jig1jjj1jjj4 7,b7 ,outlays1 #eca1jig1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #egh1gbf1jjj1jjj4 7,b7 ,outlays1 #egh1gbf1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #fab1aih1jjj1jjj4 7,b7 ,outlays1 #fab1aih1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #fdb1dgj1jjj1jjj4 7,b7 ,outlays1 #fdb1dgj1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #ffg1agf1jjj1jjj4 7,b7 ,outlays1 #ffg1agf1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #fhd1cid1jjj1jjj4 7,b7 ,outlays1 #fhd1cid1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #fif1jbe1jjj1jjj4 7,b7 ,outlays1 #fif1jbe1jjj1jjj4 7#ai7 ,all[ances 7#ibj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority -#cc1dfb1jjj1jjj4 7,b7 ,outlays1 -#ag1bge1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#bi1hfc1jjj1jjj4 7,b7 ,outlays1 -#bd1bgg1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#cb1age1jjj1jjj4 7,b7 ,outlays1 -#bh1bdi1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#cd1bfa1jjj1jjj4 7,b7 ,outlays1 -#ca1jgh1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#ci1jji1jjj1jjj4 7,b7 ,outlays1 -#ce1acf1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#db1bba1jjj1jjj4 7,b7 ,outlays1 -#ch1dch1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#df1jac1jjj1jjj4 7,b7 ,outlays1 -#db1bje1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#di1abc1jjj1jjj4 7,b7 ,outlays1 -#de1dcj1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#ej1feb1jjj1jjj4 7,b7 ,outlays1 -#dg1gcf1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 -#dh1iac1jjj1jjj4 7,b7 ,outlays1 -#dh1jeh1jjj1jjj4 7#bj7 ,gov]nm5t-wide sav+s 7#icj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #bg1dfe1jjj1jjj4 7,b7 ,outlays1 #ah1daf1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#ae1gab1jjj1jjj4 7,b7 ,outlays1 -#c1jje1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#cb1dbi1jjj1jjj4 7,b7 ,outlays1 -#bj1adh1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#da1eed1jjj1jjj4 7,b7 ,outlays1 -#cb1chc1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#ej1bdj1jjj1jjj4 7,b7 ,outlays1 -#db1afh1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#ee1hca1jjj1jjj4 7,b7 ,outlays1 -#ej1bgf1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#fc1ied1jjj1jjj4 7,b7 ,outlays1 -#eg1hdi1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#ga1hej1jjj1jjj4 7,b7 ,outlays1 -#fe1abd1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#gh1hhi1jjj1jjj4 7,b7 ,outlays1 -#ga1fhi1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 -#aac1ijc1jjj1jjj4 7,b7 ,outlays1 -#ic1ibi1jjj1jjj4 7#ba7 ,undi/ribut$ ,(fsett+ ,receipts 7#iej73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority -#gc1ead1jjj1jjj4 7,b7 ,outlays1 -#gc1ead1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#hc1hcb1jjj1jjj4 7,b7 ,outlays1 -#hc1hcb1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#ij1aae1jjj1jjj4 7,b7 ,outlays1 -#ij1aae1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#ij1eid1jjj1jjj4 7,b7 ,outlays1 -#ij1eid1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#ib1aic1jjj1jjj4 7,b7 ,outlays1 -#ib1aic1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#if1fbc1jjj1jjj4 7,b7 ,outlays1 -#if1fbc1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#ii1dcg1jjj1jjj4 7,b7 ,outlays1 -#ii1dcg1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#ajd1cdc1jjj1jjj4 7,b7 ,outlays1 -#ajd1cdc1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#aaa1bac1jjj1jjj4 7,b7 ,outlays1 -#aaa1bac1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 -#aag1hif1jjj1jjj4 7,b7 ,outlays1 -#aag1hif1jjj1jjj4 7#bb7 ,ov]seas ,cont+5cy ,op]ations_/,global ,w> on ,t]rorism 7#igj73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority #if1jjj1jjj1jjj4 7,b7 ,outlays1 #de1ddb1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 #bf1fff1jjj1jjj4 7,b7 ,outlays1 #cd1bch1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 #bf1fff1jjj1jjj4 7,b7 ,outlays1 #bf1idj1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 #bf1fff1jjj1jjj4 7,b7 ,outlays1 #bf1aia1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 #bf1fff1jjj1jjj4 7,b7 ,outlays1 #be1iaf1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 #bf1fff1jjj1jjj4 7,b7 ,outlays1 #bd1ggf1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #i1ief1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #b1hfi1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #bgh1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 #j4 7,b7 ,outlays1 #j4 7#bc7 ,across-!-,bo>d ,adju/m5t 7#iij73 ,fiscal ye> #bjaf3 7,a7 ,new budget au?ority -#ba1jjj1jjj4 7,b7 ,outlays1 -#ag1jjj1jjj4 ,fiscal ye> #bjag3 7,a7 ,new budget au?ority1 -#bb1jjj1jjj4 7,b7 ,outlays1 -#bj1jjj1jjj4 ,fiscal ye> #bjah3 7,a7 ,new budget au?ority1 -#bc1jjj1jjj4 7,b7 ,outlays1 -#ba1jjj1jjj4 ,fiscal ye> #bjai3 7,a7 ,new budget au?ority1 -#bc1jjj1jjj4 7,b7 ,outlays1 -#bb1jjj1jjj4 ,fiscal ye> #bjbj3 7,a7 ,new budget au?ority1 -#bd1jjj1jjj4 7,b7 ,outlays1 -#bc1jjj1jjj4 ,fiscal ye> #bjba3 7,a7 ,new budget au?ority1 -#bd1jjj1jjj4 7,b7 ,outlays1 -#bc1jjj1jjj4 ,fiscal ye> #bjbb3 7,a7 ,new budget au?ority1 -#be1jjj1jjj4 7,b7 ,outlays1 -#bd1jjj1jjj4 ,fiscal ye> #bjbc3 7,a7 ,new budget au?ority1 -#bf1jjj1jjj4 7,b7 ,outlays1 -#be1jjj1jjj4 ,fiscal ye> #bjbd3 7,a7 ,new budget au?ority1 -#bf1jjj1jjj4 7,b7 ,outlays1 -#be1jjj1jjj4 ,fiscal ye> #bjbe3 7,a7 ,new budget au?ority1 -#bg1jjj1jjj4 7,b7 ,outlays1 -#bf1jjj1jjj4 ,,ii ,reconciliation #bja4 ,reconciliation 9 ! ,h\se ( ,repres5tatives 7a7 ,submission provid+ = deficit r$uction ,n lat] ?an ,july #ae1 #bjae1 ! committees nam$ 9 subsection 7b7 %all submit _! recomm5dations to ! ,committee on ! ,budget ( ! ,h\se ( ,repres5tatives to c>ry out ?is section4 7b7 ,in/ructions 7#a7 ,committee on ,agriculture ,! ,committee on ,agriculture %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #a1jjj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#b7 ,committee on ,arm$ ,s]vices ,! ,committee on ,arm$ ,s]vices %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ajj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#c7 ,committee on ,education & ! ,work=ce ,! ,committee on ,education & ! ,work=ce %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #a1jjj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#d7 ,committee on ,en]gy & ,comm]ce ,! ,committee on ,en]gy & ,comm]ce %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #a1jjj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#e7 ,committee on ,f9ancial ,s]vices ,! ,committee on ,f9ancial ,s]vices %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ajj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#f7 ,committee on ,homel& ,security ,! ,committee on ,homel& ,security %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ae1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#g7 ,committee on ! ,judici>y ,! ,committee on ! ,judici>y %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ajj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#h7 ,committee on ,natural ,res\rces ,! ,committee on ,natural ,res\rces %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ajj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#i7 ,committee on ,ov]sight & ,gov]nm5t ,re=m ,! ,committee on ,ov]sight & ,gov]nm5t ,re=m %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #a1jjj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#aj7 ,committee on ,sci5ce1 ,space1 & ,te*nology ,! ,committee on ,sci5ce1 ,space1 & ,te*nology %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ae1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#aa7 ,committee on ,transportation & ,infra/ructure ,! ,committee on ,transportation & ,infra/ructure %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ajj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#ab7 ,committee on ,vet]ans' ,affairs ,! ,committee on ,vet]ans' ,affairs %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #ajj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 7#ac7 ,committee on ,ways & ,means ,! ,committee on ,ways & ,means %all submit *anges 9 laws )9 its jurisdiction suffici5t to r$uce ! deficit by #a1jjj1jjj1jjj = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 #bjb4 ,reconciliation proc$ures 7a7 ,e/imat+ assumptions 7#a7 ,assumptions ,9 ! ,h\se1 = purposes ( titles ,,iii & ,,iv ( ! ,congressional ,budget ,act ( #aigd1 ! *air ( ! ,committee on ! ,budget %all use ! basel9e und]ly+ ! ,congressional ,budget ,(fice's ,budget & ,economic ,outlook3 #bjae to #bjbe 7,janu>y #bjae7 :5 mak+ e/imates ( any bill or jo9t resolution1 or any am5dm5t !reto or conf]5ce report !reon4 ,if adju/m5ts to ! basel9e are made subsequ5t to ! adoption ( ?is concurr5t resolution1 !n su* *air %all det]m9e :e!r to use any ( ^! adju/m5ts :5 mak+ su* e/imates4 7#b7 ,int5t ,! au?ority set =? 9 p>agraph 7#a7 %\ld only be ex]cis$ if ! e/imates us$ to det]m9e ! compliance ( su* measures ) ! budget>y requirem5ts includ$ 9 ! concurr5t resolution are inaccurate because adju/m5ts made to ! basel9e are inconsi/5t ) ! assumptions und]ly+ ! budget>y levels set =? 9 ?is concurr5t resolution4 ,su* inaccurate adju/m5ts made aft] ! adoption ( ?is concurr5t resolution may include select$ adju/m5ts = rulemak+1 judicial actions1 adjudication1 & int]pretative rules t h major budget>y effects & are inconsi/5t ) ! assumptions und]ly+ ! budget>y levels set =? 9 ?is concurr5t resolution4 7#c7 ,congressional budget (fice e/imates ,^u ! reque/ ( ! *air ( ! ,committee on ! ,budget ( ! ,h\se = any measure1 ! ,congressional ,budget ,(fice %all prep>e an e/imate bas$ on ! basel9e det]m9ation made by su* *air pursuant to p>agraph 7#a74 7b7 ,repeal ( ! presid5t's heal? c>e law ?r\gh reconciliation ,9 prep>+ _! submissions "u section #bja7;a7 to ! ,committee on ! ,budget1 ! committees nam$ 9 section #bja7;b7 %all-- 7#a7 note ! policies describ$ 9 ! report accompany+ ?is concurr5t resolution on ! budget t repeal ! ,af=dable ,c>e ,act & ! heal? c>e-relat$ provisions ( ! ,heal? ,c>e & ,education ,reconciliation ,act ( #bjaj2 & 7#b7 det]m9e ! mo/ effective me?ods by :i* ! heal? c>e laws ref]r$ to 9 p>agraph 7#a7 %all be repeal$ 9 _! entirety4 7c7 ,revision ( budget>y levels 7#a7 ,submission ,^u ! submission to ! ,committee on ! ,budget ( ! ,h\se ( a recomm5dation t has compli$ ) its reconciliation in/ructions solely by virtue ( section #caj7;b7 ( ! ,congressional ,budget ,act ( #aigd1 ! *air ( ! ,committee on ! ,budget may file ) ! ,h\se appropriately revis$ allocations "u section #cjb7;a7 ( su* ,act & revis$ functional levels & aggregates4 7#b7 ,conf]5ce report ,^u ! submission to ! ,h\se ( a conf]5ce report recomm5d+ a reconciliation bill or resolution 9 :i* a committee has compli$ ) its reconciliation in/ructions solely by virtue ( ?is section1 ! *air ( ! ,committee on ! ,budget ( ! ,h\se may file ) ! ,h\se appropriately revis$ allocations "u section #cjb7;a7 ( su* ,act & revis$ functional levels & aggregates4 7#c7 ,revision ,allocations & aggregates revis$ pursuant to ?is subsection %all be consid]$ to be allocations & aggregates e/abli%$ by ! concurr5t resolution on ! budget pursuant to section #cja ( su* ,act4 #bjc4 ,additional guidance = reconciliation 7a7 ,guidance ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may develop additional guidel9es provid+ fur!r in=mation1 budget>y levels & am\nts1 & o!r explanatory mat]ial to supplem5t ! in/ructions includ$ 9 ?is concurr5t resolution pursuant to section #caj ( ! ,congressional ,budget ,act ( #aigd & set =? 9 section #bja4 7b7 ,publication ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may cause ! mat]ial prep>$ pursuant to subsection 7a7 to be pr9t$ 9 ! ,congressional ,record on ! appropriate date1 b n lat] ?an ! date set =? 9 ?is title on :i* committees mu/ submit _! recomm5dations to ! ,committee on ! ,budget 9 ord] to comply ) ! reconciliation in/ructions set =? 9 section #bja4 ,,iii ,submissions = ! ,elim9ation ( ,wa/e1 ,fraud1 & ,abuse #cja4 ,submissions ( f9d+s = ! elim9ation ( wa/e1 fraud1 & abuse 7a7 ,submissions provid+ = ! elim9ation ( wa/e1 fraud1 & abuse ,9 ! ,h\se1 n lat] ?an ,octob] #a1 #bjae1 ! committees nam$ 9 subsection 7d7 %all submit to ! ,committee on ! ,budget f9d+s t id5tify *anges 9 law )9 _! jurisdictions t w\ld a*ieve ! specifi$ level ( sav+s ?r\gh ! elim9ation ( wa/e1 fraud1 & abuse4 7b7 ,recomm5dations submitt$ ,aft] receiv+ ^? recomm5dations-- 7#a7 ! ,committee on ! ,budget may use !m 9 ! developm5t ( future concurr5t resolutions on ! budget2 & 7#b7 ! *air ( ! ,committee on ! ,budget ( ! ,h\se %all make su* recomm5dations publicly available 9 electronic =m & cause !m to be plac$ 9 ! ,congressional ,record n lat] ?an #cj days aft] receipt4 7c7 ,specifi$ levels ( sav+s ,= purposes ( ?is section1 a specifi$ level ( sav+s = ea* committee may be ins]t$ 9 ! ,congressional ,record by ! *air ( ! ,committee on ! ,budget4 7d7 ,h\se committees ,! foll[+ committees %all submit f9d+s to ! ,committee on ! ,budget ( ! ,h\se ( ,repres5tatives pursuant to subsection 7a73 ! ,committee on ,agriculture1 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,education & ! ,work=ce1 ! ,committee on ,en]gy & ,comm]ce1 ! ,committee on ,f9ancial ,s]vices1 ! ,committee on ,=eign ,affairs1 ! ,committee on ,homel& ,security1 ! ,committee on ,h\se ,adm9i/ration1 ! ,committee on ! ,judici>y1 ! ,committee on ,ov]sight & ,gov]nm5t ,re=m1 ! ,committee on ,natural ,res\rces1 ! ,committee on ,sci5ce1 ,space1 & ,te*nology1 ! ,committee on ,small ,bus9ess1 ! ,committee on ,transportation & ,infra/ructure1 ! ,committee on ,vet]ans' ,affairs1 & ! ,committee on ,ways & ,means4 7e7 ,report by ! ,gov]nm5t ,acc\ntability ,(fice ,by ,augu/ #a1 #bjae1 ! ,comptroll] ,g5]al %all submit to ! ,committee on ! ,budget ( ! ,h\se ( ,repres5tatives a compreh5sive report id5tify+ in/ances 9 :i* ! committees ref]r$ to 9 subsection 7d7 may make legislative *anges to improve ! economy1 effici5cy1 & effectiv5ess ( programs )9 _! jurisdiction4 ,,iv ,budget ,en=cem5t #dja4 ,co/ e/imates = major legislation to incorporate macroeconomic effects 7a7 ,,cbo e/imates ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ^u its adoption until ! end ( fiscal ye> #bjaf1 an e/imate provid$ by ! ,congressional ,budget ,(fice "u section #djb ( ! ,congressional ,budget ,act ( #aigd = any major legislation consid]$ 9 ! ,h\se or ! ,s5ate dur+ fiscal ye> #bjaf %all1 to ! ext5t practicable1 incorporate ! budget>y effects ( *anges 9 economic output1 employm5t1 capital /ock1 & o!r macroeconomic v>iables result+ f su* legislation4 7b7 ,jo9t ,committee on ,taxation e/imates ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 any e/imate provid$ by ! ,jo9t ,committee on ,taxation to ! ,director ( ! ,congressional ,budget ,(fice "u section #bja7;f7 ( ! ,congressional ,budget ,act ( #aigd = any major legislation %all1 to ! ext5t practicable1 incorporate ! budget>y effects ( *anges 9 economic output1 employm5t1 capital /ock1 & o!r macroeconomic v>iables result+ f su* legislation4 7c7 ,cont5ts ,any e/imate ref]r$ to 9 ?is section %all1 to ! ext5t practicable1 include-- 7#a7 a qualitative assessm5t ( ! budget>y effects 7includ+ macroeconomic v>iables describ$ 9 subsections 7a7 & 7b77 ( su* legislation 9 ! #bj-;fiscal ye> p]iod beg9n+ aft] ! la/ fiscal ye> ( ?is concurr5t resolution sets =? budget>y levels requir$ by section #cja ( ! ,congressional ,budget ,act ( #aigd2 & 7#b7 an id5tification ( ! critical assumptions & ! s\rce ( data und]ly+ t e/imate4 7d7 ,def9itions ,z us$ 9 ?is section-- 7#a7 ! t]m major legislation means any bill or jo9t resolution-- 7,a7 = :i* an e/imate is requir$ to be prep>$ pursuant to section #djb ( ! ,congressional ,budget ,act ( #aigd & t causes a gross budget>y effect 7be=e incorporat+ macroeconomic effects7 9 any fiscal ye> ov] ! ye>s ( ! mo/ rec5tly agre$ to concurr5t resolution on ! budget equal to or great] ?an #j4be p]c5t ( ! curr5t project$ gross dome/ic product ( ! ,unit$ ,/ates = t fiscal ye>2 or 7,b7 designat$ z su* by ! *air ( ! ,committee on ! ,budget = all direct sp5d+ legislation o!r ?an rev5ue legislation or ! ,memb] :o is *air or vice *air1 z applicable1 ( ! ,jo9t ,committee on ,taxation = rev5ue legislation2 & 7#b7 ! t]m budget>y effects means *anges 9 rev5ues1 budget au?ority1 outlays1 & deficits4 #djb4 ,limitation on measures affect+ ,social ,security solv5cy 7a7 ,9 g5]al ,= purposes ( ! en=cem5t ( ?is concurr5t resolution1 ^u its adoption until ! end ( fiscal ye> #bjaf1 x %all n be 9 ord] to consid] 9 ! ,h\se or ! ,s5ate a bill or jo9t resolution1 or an am5dm5t !reto or conf]5ce report !reon1 t r$uces ! actu>ial balance by at lea/ 4#ja p]c5t ( ! pres5t value ( future taxable payroll ( ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund e/abli%$ "u section #bja7;a7 ( ! ,social ,security ,act = ! #ge-ye> p]iod utiliz$ 9 ! mo/ rec5t annual report ( ! ,bo>d ( ,tru/ees provid$ pursuant to section #bja7;c77#b7 ( ! ,social ,security ,act4 7b7 ,exception ,subsection 7a7 %all n apply to a measure t w\ld improve ! actu>ial balance ( ! comb9$ balance 9 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund = ! #ge-ye> p]iod utiliz$ 9 ! mo/ rec5t annual report ( ! ,bo>d ( ,tru/ees provid$ pursuant to section #bja7;c77#b7 ( ! ,social ,security ,act4 #djc4 ,budget>y treatm5t ( adm9i/rative exp5ses 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 ( en=c+ 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 discretion>y am\nts describ$ 9 subsection 7a74 #djd4 ,limitation on transf]s f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund ,= 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 #dje4 ,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 id5tifi$ 9 ! report to accompany ?is concurr5t resolution or ! jo9t explanatory /atem5t ( manag]s to accompany ?is concurr5t resolution "u ! head+-- 7#a7 ,g5]al ,acc\nts ,id5tifi$ = ,advance ,appropriations4 7#b7 ,vet]ans ,vet]ans ,acc\nts ,id5tifi$ = ,advance ,appropriations4 7c7 ,limitations ,! aggregate level ( advance appropriations %all n exce$-- 7#a7 ,g5]al #bh1heb1jjj1jjj 9 new budget au?ority = all programs id5tifi$ pursuant to subsection 7b77#a74 7#b7 ,vet]ans #fc1bga1jjj1jjj 9 new budget au?ority = programs 9 ! ,dep>tm5t ( ,vet]ans ,affairs id5tifi$ pursuant to subsection 7b77#b74 7d7 ,def9ition ,! t]m advance appropriation means any new discretion>y budget au?ority provid$ 9 a bill or jo9t resolution1 or any am5dm5t !reto or conf]5ce report !reon1 mak+ g5]al appropriations or cont9u+ appropriations1 = ! fiscal ye> foll[+ fiscal ye> #bjaf4 #djf4 ,fair value cr$it e/imates 7a7 ,fair value e/imates ,^u ! reque/ ( ! *air or rank+ memb] ( ! ,committee on ! ,budget1 any e/imate ( ! budget>y effects ( a measure prep>$ by ! ,director ( ! ,congressional ,budget ,(fice "u ! t]ms ( title ,v ( ! ,congressional ,budget ,act ( #aigd1 cr$it re=m %all1 z a supplem5t to su* e/imate1 & to ! ext5t practicable1 also provide an e/imate ( ! curr5t actual or e/imat$ m>ket values repres5t+ ! fair value ( assets & liabilities affect$ by su* measure4 7b7 ,fair value e/imates = h\s+ & /ud5t loan programs ,:5ev] ! ,director ( ! ,congressional ,budget ,(fice prep>es an e/imate pursuant to section #djb ( ! ,congressional ,budget ,act ( #aigd ( ! budget>y effects :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 budget>y effect relat$ to a h\s+1 resid5tial mortgage or /ud5t loan program "u title ,v ( ! ,congressional ,budget ,act ( #aigd1 !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* effect4 7c7 ,en=cem5t ,if ! ,director ( ! ,congressional ,budget ,(fice provides an e/imate pursuant to subsection 7a7 or 7b71 ! *air ( ! ,committee on ! ,budget may use su* e/imate to det]m9e compliance ) ! ,congressional ,budget ,act ( #aigd & o!r budget>y en=cem5t controls4 #djg4 ,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+ 9 ! fiscal ye> foll[+ ! la/ fiscal ye> ( ?is concurr5t resolution4 #djh4 ,allocation = ov]seas cont+5cy op]ations_/global w> on t]rorism 7a7 ,sep>ate ,,oco_/,,gwot ,allocation ,9 ! ,h\se1 !re %all be a sep>ate allocation ( new budget au?ority & outlays provid$ to ! ,committee on ,appropriations = ! purposes ( ,ov]seas ,cont+5cy ,op]ations_/,global ,w> on ,t]rorism4 7b7 ,application ,= purposes ( en=c+ ! sep>ate allocation ref]r$ to 9 subsection 7a7 "u section #cjb7;f7 ( ! ,congressional ,budget ,act ( #aigd1 ! fir/ fiscal ye> & ! total ( fiscal ye>s %all be deem$ to ref] to fiscal ye> #bjaf4 ,section #cjb7;c7 ( su* ,act %all n apply to su* sep>ate allocation4 7c7 ,designations ,new budget au?ority or outlays c\nt+ t[>d ! allocation e/abli%$ by subsection 7a7 %all be designat$ pursuant to section #bea7;b77#b77;,a77ii7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe4 7d7 ,adju/m5ts ,= purposes ( subsection 7a7 = fiscal ye> #bjaf1 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 #dji4 ,adju/m5ts = improv$ control ( budget>y res\rces 7a7 ,adju/m5ts ( discretion>y & direct sp5d+ levels ,9 ! ,h\se1 if a committee 7o!r ?an ! ,committee on ,appropriations7 reports a bill or jo9t resolution1 or (f]s any am5dm5t !reto or submits a 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> #bjaf 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 ,det]m9ations ,9 ! ,h\se1 = ! purpose ( en=c+ ?is concurr5t resolution1 ! allocations & aggregate levels ( new budget au?ority1 outlays1 direct sp5d+1 new entitlem5t au?ority1 rev5ues1 deficits1 & surpluses = fiscal ye> #bjaf & ! p]iod ( fiscal ye>s #bjaf ?r\gh fiscal ye> #bjbe %all be det]m9$ on ! basis ( e/imates made by ! *air ( ! ,committee on ! ,budget & su* *air may adju/ applicable levels ( ?is concurr5t resolution4 #daj4 ,concepts1 aggregates1 allocations & application 7a7 ,concepts1 allocations1 & application ,9 ! ,h\se-- 7#a7 ^u a *ange 9 budget>y concepts or def9itions1 ! *air ( ! ,committee on ! ,budget may adju/ any allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution accord+ly2 7#b7 any adju/m5ts ( ! allocations1 aggregates1 & o!r budget>y 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 practicable2 7#c7 section #bjb ( ,s4 ,con4 ,res4 #ba 7#aaj? ,congress7 %all h no =ce or effect = any reconciliation bill report$ pursuant to in/ructions set =? 9 ?is concurr5t resolution2 7#d7 ! *air ( ! ,committee on ! ,budget may adju/ ! allocations1 aggregates1 & o!r appropriate budget>y levels to reflect *anges result+ f ! mo/ rec5tly publi%$ or adju/$ basel9e ( ! ,congressional ,budget ,(fice2 & 7#e7 ! t]m budget ye> means ! mo/ rec5t fiscal ye> = :i* a concurr5t resolution on ! budget has be5 adopt$4 7b7 ,aggregates1 allocations & application ,9 ! ,h\se1 = purposes ( ?is concurr5t resolution & budget en=cem5t-- 7#a7 ! consid]ation ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 = :i* ! *air ( ! ,committee on ! ,budget makes adju/m5ts or revisions 9 ! allocations1 aggregates1 & o!r budget>y levels ( ?is concurr5t resolution %all n be subject to ! po9ts ( ord] set =? 9 clause #aj ( rule ,,xxi ( ! ,rules ( ! ,h\se ( ,repres5tatives or section #djg ( ?is concurr5t resolution2 & 7#b7 revis$ allocations & aggregates result+ f ^! adju/m5ts %all be consid]$ = ! purposes ( ! ,congressional ,budget ,act ( #aigd z allocations & aggregates includ$ 9 ?is concurr5t resolution4 #daa4 ,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$e o!r rules only to ! ext5t t !y are inconsi/5t ) o!r su* rules2 & 7#b7 ) full recognition ( ! con/itutional "r ( ! ,h\se ( ,repres5tatives to *ange ^? rules at any "t1 9 ! same mann]1 & to ! same ext5t z 9 ! case ( any o!r rule ( ! ,h\se ( ,repres5tatives4 ,v ,res]ve funds #eja4 ,res]ve fund = ! repeal ( ! ,presid5t's heal? c>e law ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t consi/s solely ( ! full repeal ( ! ,af=dable ,c>e ,act & ! heal? c>e-relat$ provisions ( ! ,heal? ,c>e & ,education ,reconciliation ,act ( #bjaj or measures t make modifications to su* law4 #ejb4 ,deficit-neutral res]ve fund = promot+ real heal? c>e re=m ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t promotes real heal? c>e re=m1 if su* measure w\ld n increase ! deficit = ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 #ejc4 ,deficit-neutral res]ve fund relat$ to ! ,m$ic>e provisions ( ! ,presid5t's heal? c>e law ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t repeals all or "p ( ! decreases 9 ,m$ic>e sp5d+ includ$ 9 ! ,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 #bjaf ?r\gh #bjbe4 #ejd4 ,deficit-neutral res]ve fund = ! ,/ate ,*ildr5's ,heal? ,insurance ,program ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure ext5ds ! ,/ate ,*ildr5's ,heal? ,insurance ,program1 b only if su* measure w\ld n increase ! deficit ov] ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 #eje4 ,deficit-neutral res]ve fund = graduate m$ical education ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure re=ms1 exp&s access to1 & improves1 z det]m9$ by su* *air1 graduate m$ical education programs1 b only if su* measure w\ld n increase ! deficit ov] ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 #ejf4 ,deficit-neutral res]ve fund = trade agreem5ts ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = ! budget>y effects ( any bill or jo9t resolution report$ 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 #bjaf ?r\gh #bjbe4 #ejg4 ,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 budget>y 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 #bjaf ?r\gh #bjbe4 #ejh4 ,deficit-neutral res]ve fund = rev5ue measures ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y 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 #bjaf ?r\gh #bjbe4 #eji4 ,deficit-neutral res]ve fund to r$uce pov]ty & increase opportunity & upw>d mobility ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure re=ms policies & programs to r$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 #bjaf ?r\gh #bjbe4 #eaj4 ,deficit-neutral res]ve fund = transportation ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t 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 #bjaf ?r\gh #bjbe4 #eaa4 ,deficit-neutral res]ve fund = ,f$]al retirem5t re=m ,9 ! ,h\se1 ! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure re=ms1 improves & updates ! ,f$]al retirem5t sy/em1 z det]m9$ by su* *air1 b only if su* measure w\ld n increase ! deficit ov] ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 #eab4 ,deficit-neutral res]ve fund = def5se seque/] replacem5t ,! *air ( ! ,committee on ! ,budget may revise ! allocations1 aggregates1 & o!r budget>y levels 9 ?is concurr5t resolution = any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 if su* measure supports ! foll[+ activities3 ,dep>tm5t ( ,def5se tra9+ & ma9t5ance associat$ ) combat read9ess1 mod]nization ( equipm5t1 auditability ( f9ancial /atem5ts1 or milit>y comp5sation & b5efit re=ms1 by ! am\nt provid$ = ^! purposes1 b only if su* measure w\ld n increase ! deficit 7)\t c\nt+ any net rev5ue increases 9 t measure7 ov] ! p]iod ( fiscal ye>s #bjaf ?r\gh #bjbe4 ,,vi ,e/imates ( direct sp5d+ #fja4 ,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$+ fiscal ye> #bjaf is #f4h p]c5t4 7#b7 ,= means-te/$ direct sp5d+1 ! e/imat$ av]age rate ( gr[? 9 ! total level ( outlays dur+ ! #aj-ye> p]iod beg9n+ ) fiscal ye> #bjaf is #d4f 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$icaid sp5d+ into flexible ,/ate allotm5ts1 :i* ,/ates w be able to tailor to meet _! unique ne$s4 ,su* a re=m w\ld end ! misguid$ "o-size-fits-all approa* t ties ! h&s ( ,/ate gov]nm5ts & w\ld provide ,/ates ) ! fre$om & flexibility !y h long reque/$ 9 ! ,m$icaid program4 ,moreov]1 ?is budget assumes ! repeal ( ! ,m$icaid expansions 9 ! ,presid5t's heal? c>e law1 reliev+ ,/ate gov]nm5ts ( ! crippl+ "o-size-fits-all enrollm5t m&ates1 z well z ! ov]:elm+ pressure ! law's ,m$icaid expansion puts on an already-/ra9$ sy/em4 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 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$+ fiscal ye> #bjaf is #e4d p]c5t4 7#b7 ,= nonmeans-te/$ direct sp5d+1 ! e/imat$ av]age rate ( gr[? 9 ! total level ( outlays dur+ ! #aj-ye> p]iod beg9n+ ) fiscal ye> #bjaf is #e4e 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 ,future retirees w\ld be able to *oose f a range ( gu>ante$ cov]age options1 ) 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$2 l[]-income s5iors w\ld receive additional assi/ance to help cov] out-(-pocket co/s2 & weal?i] s5iors w\ld assume responsibility = a great] %>e ( _! premiums4 ,putt+ s5iors 9 *>ge ( h[ _! heal? c>e doll>s are sp5t w =ce provid]s to compete aga9/ ea* o!r on price & quality4 ,?is m>ket competition w act z a real *eck on widespread wa/e & skyrocket+ heal? c>e co/s4 ,z ) previ\s budgets1 ?is program w beg9 9 #bjbd & makes no *anges to ^? 9 or ne> retirem5t4 7,b7 ,9 keep+ ) a recomm5dation f ! ,national ,commission on ,fiscal ,responsibility & ,re=m1 ?is budget calls = ,f$]al employees--includ+ ,memb]s ( ,congress & congressional /aff--to make great] contributions t[>d _! own retirem5t4 ,,vii ,recomm5d$ ,long-,t]m ,levels #gja4 ,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 ,rev5ues ,! budget>y levels ( ,f$]al rev5ues are z foll[s3 ,fiscal ye> #bjcj3 #ah4g p]c5t4 ,fiscal ye> #bjce3 #ai4j p]c5t4 ,fiscal ye> #bjdj3 #ai4j p]c5t4 7#b7 ,outlays ,! budget>y levels ( total budget outlays are n to exce$3 ,fiscal ye> #bjcj3 #ah4d p]c5t4 ,fiscal ye> #bjce3 #ag4h p]c5t4 ,fiscal ye> #bjdj3 #af4i p]c5t4 7#c7 ,deficits ,! budget>y levels ( deficits are n to exce$3 ,fiscal ye> #bjcj3 -#j4c p]c5t4 ,fiscal ye> #bjce3 -#a4b p]c5t4 ,fiscal ye> #bjdj3 -#b4a p]c5t4 7#d7 ,debt ,! budget>y levels ( debt held by ! public are n to exce$3 ,fiscal ye> #bjcj3 #dd4j p]c5t4 ,fiscal ye> #bjce3 #cb4j p]c5t4 ,fiscal ye> #bjdj3 #ah4j p]c5t4 ,,viii ,policy /atem5ts #hja4 ,policy /atem5t on balanc$ budget am5dm5t 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,! ,f$]al ,gov]nm5t collects approximately #c trillion annually 9 taxes1 b sp5ds m ?an #c4e trillion to ma9ta9 ! op]ations ( gov]nm5t4 ,! ,f$]al ,gov]nm5t mu/ borr[ #ad c5ts ( e ,f$]al doll> sp5t4 7#b7 ,at ! end ( ! ye> #bjad1 ! national debt ( ! ,unit$ ,/ates 0 m ?an #ah4a trillion4 7#c7 ,a majority ( ,/ates h petition$ ! ,f$]al ,gov]nm5t to hold a ,con/itutional ,conv5tion = ! consid]ation ( adopt+ a ,balanc$ ,budget ,am5dm5t to ! ,unit$ ,/ates ,con/itution4 7#d7 ,=ty-n9e ,/ates h fiscal limitations 9 _! ,/ate ,con/itutions1 includ+ ! requirem5t to annually balance ! budget4 7#e7 ,h4,j4 ,res4 #b1 sponsor$ by ,rep4 ,rob]t ,w4 ,goodlatte 7,r-,,va71 0 consid]$ by ! ,h\se ( ,repres5tatives on ,novemb] #ah1 #bjaa1 ?\gh x receiv$ #bfb aye votes1 x did n receive ! two-?irds requir$ = passage4 7#f7 ,num]\s balanc$ budget am5dm5t proposals h be5 introduc$ on a bip>tisan basis 9 ! ,h\se4 ,twelve 7 introduc$ 9 ! #aac? ,congress alone1 includ+ ,h4,j4 ,res4 #d by ,democratic ,repres5tative ,john ,j4 ,b>r[ ( ,georgia1 & ,h4,j4 ,res4 #ch by ,republican ,repres5tative ,jackie ,walorski ( ,indiana4 7#g7 ,! jo9t resolution provid+ = a balanc$ budget am5dm5t to ! ,unit$ ,/ates ,con/itution ref]r$ to 9 p>agraph 7#e7 prohibit$ outlays = a fiscal ye> 7except ^? = repaym5t ( debt pr9cipal7 f exce$+ total receipts = t fiscal ye> 7except ^? d]iv$ f borr[+7 unless ,congress1 by a ?ree-fif?s roll call vote ( ea* *amb]1 au?orizes a specific excess ( outlays ov] receipts4 7#h7 ,9 #aiie1 a balanc$ budget am5dm5t to ! ,unit$ ,/ates ,con/itution pass$ ! ,h\se ) bip>tisan support1 b fail$ ( passage by "o vote 9 ! ,unit$ ,/ates ,s5ate4 7b7 ,policy /atem5t ,x is ! policy ( ?is resolution t ,congress %\ld pass a jo9t resolution incorporat+ ! provisions set =? 9 subsection 7b71 & s5d su* jo9t resolution to ! ,/ates = _! approval1 to am5d ! ,con/itution ( ! ,unit$ ,/ates to require an annual balanc$ budget4 #hjb4 ,policy /atem5t on budget process & basel9e re=m 7a7 ,f9d+s 7#a7 ,9 #aigd1 aft] m ?an #ej ye>s ( executive dom9ance ov] fiscal policy1 ,congress act$ to reass]t its p[] ( ! purse1 & pass$ ! ,congressional ,budget & ,imp\ndm5t ,control ,act4 7#b7 ,! measure explicitly s\ght to e/abli% congressional control ov] ! budget process1 to provide = annual congressional det]m9ation ( ! appropriate level ( taxes & sp5d+1 to set important national budget priorities1 & to f9d ways 9 :i* ,memb]s ( ,congress c\ld h access to ! mo/ accurate1 objective1 & highe/ quality in=mation to assi/ !m 9 dis*>g+ _! duties4 7#c7 ,f> f a*iev+ its int5d$ purpose1 h[ev]1 ! process has in/itut$ a bias t[>d high] sp5d+ & l>g] gov]nm5t4 ,! behemo? ( ! ,f$]al ,gov]nm5t has l>gely be5 f9anc$ ?r\gh ei!r borr[+ or tak+ ev] great] am\nts ( ! national income ?r\gh high taxation4 7#d7 ,! process does n treat programs & policies consi/5tly & %[s a bias t[>d high] sp5d+ & high] taxes4 7#e7 ,x assumes ext5sion ( sp5d+ programs 7( m ?an #ej million p] ye>7 s*$ul$ to expire4 7#f7 ,yet x does n assume ! ext5sion ( tax policies 9 ! same way4 consequ5tly1 ext5d+ exi/+ tax policies t may be s*$ul$ to expire is *>act]iz$ z a new tax r$uction1 requir+ (fsets to pay = m]ely keep+ tax policy ! same ev5 ?\gh e/imat+ conv5tions w\ld n require simil> treatm5t ( sp5d+ programs4 7#g7 ,! orig9al goals set = ! congressional process are admirable 9 _! int5t1 b because ! ess5tial me*anisms ( ! process h rema9$ ! same1 & re=ms enact$ ov] ! pa/ #dj ye>s h l>gely tak5 ! =m ( lay]+ great] levels ( legal complexity )\t re=m+ or reassess+ ! v fundam5tal nature ( ! process4 7b7 ,policy /atem5t ,x is ! policy ( ?is concurr5t resolution on ! budget t z ! prim>y bran* ( ,gov]nm5t1 ,congress mu/3 7#a7 ,re/ructure ! fundam5tal proc$ures ( budget decision mak+4 7#b7 ,reass]t ,congress's p[] ( ! purse1 & re9=ce ! balance ( p[]s betwe5 ,congress & ! ,presid5t1 z ! #aigd ,act int5d$4 7#c7 ,create great] inc5tives = lawmak]s to d budget+ z int5d$ by ! ,congressional ,budget ,act ( #aigd1 especially adopt+ a budget resolution e ye>4 7#d7 ,enc\rage m effective control ov] sp5d+1 especially curr5tly uncontroll$ direct sp5d+4 7#e7 ,consid] innovative fiscal tools su* z3 z]o bas$ budget+1 :i* w\ld require a dep>tm5t or ag5cy to ju/ify its budget z if x 7 a new exp5diture2 & direct sp5d+ caps to enhance ov]sight ( automatic pilot sp5d+ t increases ea* ye> )\t congressional approval4 7#f7 ,promote effici5t & timely budget actions1 s t lawmak]s complete _! budget actions by ! "t ! new fiscal ye> beg9s4 7#g7 ,provide access to ! be/ analysis ( economic conditions available & increase aw>5ess ( h[ fiscal policy directly impacts ov]all economic gr[? & job creation4 7#h7 ,remove lay]s ( complexity t h complicat$ ! proc$ures design$ 9 #aigd1 & made budget+ m arcane & opaque4 7#i7 ,remove exi/+ biases t favor high] sp5d+4 7#aj7 ,include proc$ures by :i* curr5t tax laws may be ext5d$ & treat$ on a basis t is n diff]5t f ! ext5sion ( entitlem5t programs4 7c7 ,budget ,process ,re=m ,compreh5sive budget process re=m %\ld also remove ! bias 9 ! basel9e aga9/ ! ext5sion ( curr5t tax laws 9 ! foll[+ ways3 7#a7 ,p]man5t ext5sion ( tax laws %\ld n be us$ z a means to increase taxes on o!r taxpay]s4 7#b7 ,= ^? expir+ tax provisions t are propos$ to be p]man5tly ext5d$1 ,congress %\ld use a m reali/ic basel9e t does n require !m to be (fset4 7#c7 ,tax-re=m legislation %\ld n include tax increases j to (fset ! ext5sion ( curr5t tax laws4 7d7 ,legislation ,! ,committee on ! ,budget int5ds to draft legislation dur+ ! #aad? ,congress t w rewrite ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd to fulfill ! goals ( mak+ ! congressional budget process m effective 9 ensur+ taxpay]s' doll>s are sp5t wisely & effici5tly4 #hjc4 ,policy /atem5t on economic gr[? & job creation 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,al?\gh ! ,unit$ ,/ates economy te*nically em]g$ f recession m ?an #e ye>s ago1 ! subsequ5t recov]y has felt m l a malaise ?an a reb\nd4 ,real gross dome/ic product ,,gdp gr[? ov] ! pa/ #e ye>s has av]ag$ slightly m ?an #b p]c5t1 well bel[ ! #c4b p]c5t hi/orical tr5d rate ( gr[? 9 ! ,unit$ ,/ates4 ,al?\gh ! economy has %[n "s welcome signs ( improvem5t ( late1 ! ,nation rema9s 9 ! mid/ ( ! weake/ economic recov]y ( ! mod]n era4 7#b7 ,look+ ahead1 ,,cbo expects ! economy to gr[ by an av]age ( j #b4c p]c5t ov] ! next #aj ye>s4 ,t level ( economic gr[? is simply unacceptable & insuffici5t to exp& opportunities & ! incomes ( millions ( middle-income ,am]icans4 7#c7 ,sluggi% economic gr[? has also contribut$ to ! c\ntry's fiscal woes4 ,subp> gr[? means t rev5ue levels are l[] ?an !y w\ld o!rwise be :ile gov]nm5t sp5d+ 7e4g4 welf>e & income-support programs7 is high]4 ,cle>ly1 !re is a dire ne$ = policies t w sp>k high] rates ( economic gr[? & great]1 high]-quality job opportunities4 7#d7 ,al?\gh job ga9s h be5 tr5d+ up ( late1 o!r aspects ( ! labor m>ket rema9 weak4 ,! labor =ce p>ticipation rate1 = in/ance1 is hov]+ j "u #fc p]c5t1 close to ! l[e/ level s9ce #aigh4 ,long-t]m unemploym5t also rema9s a problem4 ,( ! r\ghly #h4g million p :o are curr5tly unemploy$1 #b4g million 7m ?an #cj p]c5t7 h be5 unemploy$ = m ?an #f mon?s4 ,long-t]m unemploym5t erodes an individual's job skills & deta*es !m f job opportunities4 ,x also und]m9es ! long-t]m productive capacity ( ! economy4 7#e7 ,p]haps mo/ important1 wage ga9s & income gr[? h be5 subp> = middle-class ,am]icans4 ,av]age h\rly e>n+s ( private-sector work]s h increas$ by j #a4f p]c5t ov] ! pa/ ye>4 ,prior to ! recession1 av]age h\rly e>n+s 7 track+ close to #d p]c5t4 ,likewise1 av]age income levels h rema9$ flat 9 rec5t ye>s4 ,real m$ian h\sehold income is j "u #eb1jjj1 "o ( ! l[e/ levels s9ce #aiie4 7#f7 ,! unsu/a9able fiscal trajectory has ca/ a %ad[ on ! c\ntry's economic outlook4 inve/ors & bus9esses make decisions on a =w>d-look+ basis4 !y "k t today's l>ge debt levels are simply tomorr['s tax hikes1 int]e/ rate increases1 or inflation & !y act accord+ly4 ,?is debt ov]hang1 & ! unc]ta9ty x g5]ates1 c weigh on gr[?1 inve/m5t1 & job creation4 7#g7 ,ne>ly all economi/s1 includ+ ^? at ! ,,cbo1 conclude t r$uc+ budget deficits 7!reby b5d+ ! curve on debt levels is a net positive = economic gr[? ov] "t4 ,! logic is t deficit r$uction creates long-t]m economic b5efits because x increases ! pool ( national sav+s & boo/s inve/m5t1 !reby rais+ economic gr[? & job creation4 7#h7 ,,cbo analyz$ ! ,h\se ,republican fiscal ye> #bjaf budget resolution & f\nd x w\ld increase real output p] capita 7a proxy = a c\ntry's /&>d ( liv+7 by ab\t #a1jjj 9 #bjbe & r\ghly #e1jjj by #bjdj relative to ! basel9e pa?4 ,t means m income & great] prosp]ity = all ,am]icans4 7#i7 ,9 contra/1 if ! ,gov]nm5t rema9s on ! curr5t fiscal pa?1 future g5]ations w face ev]-high] debt s]vice co/s1 a decl9e 9 national sav+s1 & a cr[d+ out ( private inve/m5t4 ,?is dynamic w ev5tually lead to a decl9e 9 economic output & a dim9ution 9 our c\ntry's /&>d ( liv+4 7#aj7 ,! key economic *all5ge is det]m9+ h[ to exp& ! economic pie1 n h[ be/ to divide up & re-di/ribute a %r9k+ pie4 7#aa7 ,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 #cbf billion4 7#ab7 ,?is budget resolution !re=e embraces pro-gr[? policies1 su* z fundam5tal tax re=m1 t w help fo/] a /rong] economy1 great] opportunities & m job creation4 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 w 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 ( help+ ! economy gr[ & exp&+ opportunity = all ,am]icans4 #hjd4 ,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\nts3 ,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 #d1ajg *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 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 c rea* ne>ly #de 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$]al1 ,/ate1 & local taxes7 sums to slightly m ?an #ci p]c5t1 ! highe/ rate 9 ! indu/rializ$ _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 #ag4d p]c5t ( ! economy ?r\gh\t mod]n ,am]ican hi/ory4 ,rev5ues rise above ?is level "u curr5t law to #ah4c p]c5t ( ! economy by ! end ( ! #aj-ye> budget w9d[4 7#ad7 ,attempt+ to raise rev5ue ?r\gh new tax increases to meet out-(-control sp5d+ w\ld s9k ! economy & ,am]icans' ability to save = _! retirem5t & _! *ildr5's education4 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 ,wa%+ton has a sp5d+ problem1 n a rev5ue problem4 7#ah7 ,_m economi/s believe t fundam5tal tax re=m 7i4e4 a broad] tax base & l[] tax rates7 w\ld lead to great] labor supply & increas$ inve/m5t1 :i*1 ov] "t1 w\ld h a positive impact on total national output4 7#ai7 ,h]et(ore1 ! congressional scorekeep]s ! ,congressional ,budget ,(fice 7,,cbo7 & ! ,jo9t ,committee on ,taxation 7,,jct74 7#bj7 ,/atic scor+ implicitly assumes t ! size ( ! economy 7& !re=e key economic v>iables su* z labor supply & inve/m5t7 rema9s fix$ ?r\gh\t ! consid]$ budget horizon4 ,?is is an ab/raction f reality4 7#ba7 ,a new ,h\se rule 0 adopt$ at ! beg9n+ ( ! #aad? ,congress to help correct ?is problem4 ,?is rule requires ,,cbo & ,,jct to incorporate ! macroeconomic effects ( major legislation into _! (ficial co/ e/imates4 7#bb7 ,?is rule seeks to bridge ! divide betwe5 /atic e/imates & scor+ t incorporates economic fe$back effects by provid+ policymak]s ) a great] am\nt ( in=mation ab\t ! likely economic impact ( policies "u _! consid]ation :ile at ! same "t pres]v+ traditional scor+ me?ods & report+ conv5tions4 7b7 ,policy on tax re=m ,x is ! policy ( ?is resolution t ,congress %\ld enact legislation t provides = a compreh5sive re=m ( ! ,unit$ ,/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 fundam5tal tax re=m t-- 7#a7 simplifies ! tax code to make x fair] to ,am]ican families & bus9esses & r$uces ! am\nt ( "t & res\rces necess>y to comply ) tax laws2 7#b7 sub/antially l[]s tax rates = individuals & consolidates ! curr5t sev5 individual income tax brackets into few] brackets2 7#c7 repeals ! ,alt]native ,m9imum ,tax2 7#d7 r$uces ! corporate tax rate2 & 7#e7 transitions ! tax code to a m competitive sy/em ( int]national taxation 9 a mann] t does n discrim9ate aga9/ any p>ticul> type ( income or indu/ry4 #hje4 ,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 ,! ,unit$ ,/ates c increase economic opportunities = ,am]ican work]s & bus9esses ?r\gh ! expansion ( trade1 adh]5ce to trade agreem5t rules by ! ,unit$ ,/ates & its trad+ p>tn]s1 & ! elim9ation ( =eign trade b>ri]s to ,unit$ ,/ates goods & s]vices4 7#c7 ,trade ,promotion ,au?ority is a bip>tisan & bicam]al ef=t to /r5g!n ! role ( ,congress 9 sett+ negotiat+ objectives = trade agreem5ts1 to improve consultation ) ,congress by ! ,adm9i/ration1 & to provide a cle> framework = congressional consid]ation & implem5tation ( trade agreem5ts4 7#d7 ,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#e7 ,trade agreem5ts h sav$ ! av]age ,am]ican family ( f\r m ?an #aj1jjj p] ye>1 z a result ( l[] duties4 ,trade agreem5ts also l[] ! co/ ( manufactur+ inputs by remov+ duties4 7#f7 ,am]ican bus9esses & work]s h %[n t1 on a level play+ field1 !y c excel & surpass ! int]national competition4 7#g7 ,:5 negotiat+ trade agreem5ts1 ,unit$ ,/ates laws on ,intellectual ,prop]ty 7,,ip7 protection %\ld be us$ z a b5*m>k = e/abli%+ global ,,ip frameworks4 ,/rong ,,ip protections h contribut$ significantly to ! ,unit$ ,/ates /atus z a _w lead] 9 innovation across sectors1 includ+ 9 ! developm5t ( life-sav+ biologic m$ic9es4 ,! data protections af=d$ to biologics 9 ,unit$ ,/ates law1 includ+ #ab ye>s ( data protection1 all[ cont9u$ developm5t ( pione]+ m$ic9es to b5efit pati5ts bo? 9 ! ,unit$ ,/ates & abroad4 ,to ma9ta9 ! cycle ( innovation & a*ieve truly #ba/ c5tury trade agreem5ts1 x is vital t our negotiators insi/ on ! highe/ /&>ds = ,,ip protections4 7#h7 ,! /atus quo ( ! curr5t tax code also und]m9es ! competitiv5ess ( ,unit$ ,/ates bus9esses & co/s ! ,unit$ ,/ates economy inve/m5t & jobs4 7#i7 ,! ,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 ,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$ ,/ates4 7#aj7 ,! 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#aa7 ,?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 7b7 ,policy on trade ,x is ! policy ( ?is concurr5t resolution to pursue int]national trade1 global comm]ce1 & a mod]n & competitive ,unit$ ,/ates int]national tax sy/em to promote job creation 9 ! ,unit$ ,/ates4 ,! ,unit$ ,/ates %\ld cont9ue to seek increas$ economic opportunities = ,am]ican work]s & bus9esses ?r\gh ! expansion ( trade opportunities1 adh]5ce to trade agreem5ts & rules by ! ,unit$ ,/ates & its trad+ p>tn]s1 & ! elim9ation ( =eign trade b>ri]s to ,unit$ ,/ates goods & s]vices by op5+ new m>kets & by en=c+ ,unit$ ,/ates rights4 ,to t end1 ,congress %\ld pass ,trade ,promotion ,au?ority to /r5g!n ! role ( ,congress 9 sett+ negotiat+ objectives = trade agreem5ts1 to improve consultation ) ,congress by ! ,adm9i/ration1 & to provide a cle> framework = congressional consid]ation & implem5tation ( trade agreem5ts4 #hjf4 ,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 #bc 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 ,congressional ,budget ,(fice 7,,cbo7 projections f9d t ,social ,security w run ca% deficits ( m ?an #b 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 ! ,,cbo1 betwe5 #aigj & #bjab1 ! numb] ( p receiv+ disability b5efits 7bo? disabl$ work]s & _! dep5d5t family memb]s7 has increas$ by m ?an #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$1 families :o rely on ! lifel9e t disability b5efits provide w face b5efit cuts ( up to #bj p]c5t 9 #bjaf1 deva/at+ individuals :o ne$ 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 = m ?an 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 %\ld1 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 #a ,decemb] ( ! same cal5d> ye> 9 :i* ! ,bo>d ( ,tru/ees submit _! recomm5dations1 ! ,presid5t %\ld 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 %\ld introduce ! ,presid5t's legislation ^u receipt4 7#c7 ,)9 #fj days ( ! ,presid5t submitt+ legislation1 ! committees ( jurisdiction to :i* ! legislation has be5 ref]r$ %\ld report a bill1 :i* %\ld be consid]$ by ! full ,h\se or ,s5ate "u exp$it$ proc$ures4 7#d7 ,legislation submitt$ by ! ,presid5t %\ld-- 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 ,?is resolution assumes re=m t-- 7#a7 ensure b5efits cont9ue to be paid to individuals ) disabilities & _! family memb]s :o rely on !m2 7#b7 prev5ts a #bj p]c5t across-!-bo>d b5efit cut2 7#c7 makes ! ,disability ,insurance program "w bett]2 & 7#d7 promotes opportunity = ^? try+ to return to "w4 7d7 ,policy on social security solv5cy ,any legislation t ,congress consid]s to improve ! solv5cy ( ! ,disability ,insurance tru/ fund also mu/ improve ! long-t]m solv5cy ( ! comb9$ ,old ,age & ,survivors ,disability ,insurance 7,,oasdi7 tru/ fund4 #hjg4 ,policy /atem5t on repeal+ ! ,presid5t's heal? c>e law & promot+ real heal? c>e re=m 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,! ,presid5t's heal? c>e law put ,wa%+ton's priorities fir/1 & n pati5ts'4 ,! ,af=dable ,c>e ,act 7,,aca7 has fail$ to r$uce heal? c>e premiums z promis$2 in/ead1 ! law m&at$ b5efits & cov]age levels1 d5y+ pati5ts ! opportunity to *oose ! type ( cov]age t be/ suits _! heal? ne$s & driv+ up heal? cov]age co/s4 ,a typical family's heal? c>e premiums 7 suppos$ to decl9e by #b1ejj a ye>2 in/ead1 accord+ to ! #bjad ,employ] ,heal? ,b5efits ,survey1 heal? c>e premiums h increas$ by #g p]c5t = individuals & families s9ce #bjab4 7#b7 ,! ,presid5t pl$g$ ,if y l y\r heal? c>e plan1 y c keep y\r heal? c>e plan4 ,in/ead1 ! nonp>tisan ,congressional ,budget ,(fice n[ e/imates #i million ,am]icans ) employm5t-bas$ heal? cov]age w lose ^? plans due to ! ,presid5t's heal? c>e law1 fur!r limit+ pati5t *oice4 7#c7 ,!n-,speak] ( ! ,h\se1 ,pelosi1 said t ! ,presid5t's heal? c>e law w\ld create #d million jobs ov] ! life ( ! law & almo/ #djj1jjj jobs imm$iately4 ,in/ead1 ! ,congressional ,budget ,(fice e/imates t ! r$uction 9 h\rs work$ due to ,obamac>e repres5ts a decl9e ( ab\t #b4j to #b4e million full-"t equival5t work]s1 comp>$ ) :at w\ld h occurr$ 9 ! abs5ce ( ! law4 ,! full impact on labor repres5ts a r$uction 9 employm5t by #a4e p]c5t to #b4j p]c5t1 :ile additional /udies %[ less mode/ results4 ,a rec5t /udy by ! ,m]catus ,c5t] at ,george ,mason ,univ]sity e/imates t ,obamac>e w r$uce employm5t by up to #c p]c5t1 or ab\t #d million full-"t equival5t work]s4 7#d7 ,! ,presid5t has *>g$ ! ,indep5d5t ,paym5t ,advisory ,bo>d1 a panel ( unelect$ bureaucrats1 ) cutt+ ,m$ic>e by an additional #bj4i billion ov] ! next t5 ye>s1 accord+ to ! ,presid5t's mo/ rec5t budget4 7#e7 ,s9ce ,,aca 0 sign$ into law1 ! adm9i/ration has repeat$ly fail$ to implem5t x z writt54 ,! ,presid5t has unilat]ally act$ to make a total ( #bh *anges1 delays1 & exemptions4 ,! ,presid5t has sign$ into law ano!r #ag *anges made by ,congress4 ,! ,supreme ,c\rt /ruck d[n ! =c$ expansion ( ,m$icaid2 rul$ ! individual m&ate c\ld only be *>act]iz$ z a tax to rema9 con/itutional2 & reject$ ! requirem5t t closely held companies provide heal? insurance to _! employees if do+ s violates ^! companies' religi\s beliefs4 ,ev5 n[1 almo/ five ye>s aft] enactm5t1 ! ,supreme ,c\rt cont9ues to evaluate ! legality ( h[ ! ,presid5t's adm9i/ration has implem5t$ ! law4 ,all ( ^! *anges prove ! folly und]ly+ ! entire program heal? c>e 9 ! ,unit$ ,/ates _c be run f a c5traliz$ bureaucracy4 7#f7 ,! ,presid5t's heal? c>e law is unaf=dable1 intrusive1 ov]rea*+1 de/ructive1 & unworkable4 ,! law %\ld be fully repeal$1 all[+ = real1 pati5t-c5t]$ heal? c>e re=m3 ! developm5t ( real heal? c>e re=ms t puts pati5ts fir/1 t make af=dable1 quality heal? c>e available to all ,am]icans1 & t build on ! innovation & creativity ( all ! p>ticipants 9 ! heal? c>e sector4 7b7 ,policy on promot+ real heal? c>e re=m ,x is ! policy ( ?is resolution t ! ,presid5t's heal? c>e law %\ld be fully repeal$ & real heal? c>e re=m promot$ 9 accordance ) ! foll[+ pr9ciples3 7#a7 ,9 g5]al ,heal? c>e re=m %\ld enhance af=dability1 accessibility1 quality1 innovation1 *oices & responsiv5ess 9 heal? c>e cov]age = all ,am]icans1 putt+ pati5ts1 families1 & doctors 9 *>ge1 n ,wa%+ton1 ,,dc4 ,^! re=ms %\ld enc\rage increas$ competition & transp>5cy4 ,"u ! ,presid5t's heal? c>e law1 gov]nm5t controls ,am]icans' heal? c>e *oices4 ,"u true1 pati5t-c5t]$ re=m1 ,am]icans w\ld4 7#b7 ,af=dability ,real re=m %\ld be c5t]$ on ensur+ t all ,am]icans1 no matt] _! age1 income1 or heal? /atus1 h ! ability to af=d heal? c>e cov]age4 ,! heal? c>e deliv]y /ructure %\ld be improv$1 & individuals %\ld n be pric$ out ( ! heal? insurance m>ket due to pre-exi/+ conditions1 b nationaliz$ heal? c>e is n only unnecess>y to accompli% ?is1 x und]m9es ! goal4 ,individuals %\ld be all[$ to jo9 toge!r volunt>ily to pool risk ?r\gh me*anisms su* z ,individual ,memb]%ip ,associations & ,small ,employ] ,memb]%ip ,associations4 7#c7 ,accessability ,in/ead ( ,wa%+ton outl9+ = ,am]icans ! ways !y _c use _! heal? insurance1 re=ms %\ld make heal? cov]age m portable4 ,individuals %\ld be able to own _! insurance & h x foll[ !m 9 & out ( jobs ?r\gh\t _! c>e]4 ,small bus9ess own]s %\ld be p]mitt$ to b& toge!r across ,/ate l9es ?r\gh _! memb]%ip 9 bona fide trade or pr(essional associations to pur*ase heal? cov]age = _! families & employees at a l[ co/4 ,?is w increase small bus9esses' b>ga9+ p[]1 volume disc\nts1 & adm9i/rative effici5cies :ile giv+ !m fre$om f ,/ate-m&at$ b5efit packages4 ,also1 insur]s lic5s$ to sell policies 9 "o ,/ate %\ld be p]mitt$ to (f] !m to resid5ts 9 any o!r ,/ate1 & consum]s %\ld be p]mitt$ to %op = heal? insurance across ,/ate l9es1 z !y are ) o!r insurance products onl9e1 by mail1 by phone1 or 9 consultation ) an insurance ag5t4 7#d7 ,quality ,inc5tives = provid]s to deliv] high-quality1 responsive1 & coord9at$ c>e w promote pati5t outcomes & drive d[n heal? c>e co/s4 likewise1 re=ms t "w to re/ore ! pati5t-physician relation%ip by r$uc+ adm9i/rative burd5s & all[+ physicians to d :at !y d be/--c>e = pati5ts4 7#e7 ,*oices ,individuals & families %\ld be free to secure ! heal? c>e cov]age t be/ meets _! ne$s1 r ?an in/itut+ "o-size-fits-all directives f ,f$]al bureaucracies su* z ! ,int]nal ,rev5ue ,s]vice1 ! ,dep>tm5t ( ,heal? & ,human ,s]vices1 & ! ,indep5d5t ,paym5t ,advisory ,bo>d4 7#f7 ,innovation ,in/ead ( /ifl+ innovation 9 heal? c>e te*nologies1 treatm5ts1 m$ications1 & !rapies ) ,f$]al m&ates1 taxes1 & price controls1 a re=m$ heal? c>e sy/em %\ld enc\rage rese>*1 developm5t & innovation4 7#g7 ,responsiv5ess ,re=m %\ld return au?ority to ,/ates :]ev] possible to make ! sy/em m responsive to pati5ts & _! ne$s4 ,in/ead ( ty+ ,/ates' h&s ) ,f$]al requirem5ts = _! ,m$icaid programs1 ! ,f$]al ,gov]nm5t %\ld return control ( ?is program to ! ,/ates4 ,n only does ! curr5t ,m$icaid program drive up ,f$]al debt & ?reat5 to bankrupt ,/ate budgets1 b ,/ates are bett] position$ to provide quality1 af=dable c>e to ^? :o are eligible = ! program & to track d[n & we$ out wa/e1 fraud & abuse4 ,b5efici>y *oices 9 ! ,/ate ,*ildr5's ,heal? ,insurance ,program 7,,s*ip7 & ,m$icaid %\ld be improv$4 ,/ates %\ld make available ! pur*ase ( private insurance z an option to _! ,m$icaid & ,,s*ip populations 7?\gh !y %\ld n require enrollm5t74 7#h7 ,re=ms ,re=ms %\ld be made to prev5t lawsuit abuse & curb ! practice ( def5sive m$ic9e1 :i* are significant driv]s increas+ heal? c>e co/s4 ,! burd5 ( pro( 9 m$ical malpractice cases %\ld be bas$ on compliance ) be/ practice guidel9es1 & ,/ates %\ld be free to implem5t ^? policies to be/ suit _! ne$s4 #hjh4 ,policy /atem5t on ,m$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$4 ,accord+ to ! ,m$ic>e ,tru/ees ,report-- 7,a7 ! ,hospital ,insurance ,tru/ ,fund w be exhau/$ 9 #bjcj & unable to pay s*$ul$ b5efits2 7,b7 ,m$ic>e enrollm5t is expect$ to increase by ov] #ej p]c5t 9 ! next two decades1 z #aj1jjj baby boom]s rea* retirem5t age ea* day2 7,c7 enrollees rema9 9 ,m$ic>e ?ree times long] ?an at ! outset ( ! program2 7,d7 curr5t work]s' payroll contributions pay = curr5t b5efici>ies2 7,e7 9 #bjac1 ! ratio 0 #c4b work]s p] b5efici>y1 b ?is falls to #b4c 9 #bjcj & cont9ues to decrease ov] "t2 7,f7 mo/ ,m$ic>e b5efici>ies receive ab\t ?ree doll>s 9 ,m$ic>e b5efits = e "o doll> paid into ! program2 & 7,g7 ,m$ic>e sp5d+ is gr[+ fa/] ?an ! economy & ,m$ic>e outlays are curr5tly ris+ at a rate ( #f4e p]c5t p] ye> ov] ! next #aj ye>s4 ,accord+ to ! ,congressional ,budget ,(fice's #bjad ,long-,t]m ,budget ,outlook1 sp5d+ on ,m$ic>e is project$ to rea* #e p]c5t ( gross dome/ic product 7,,gdp7 by #bjdc & #i4c p]c5t ( ,,gdp by #bjhi4 7#c7 ,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 pres]ve ! program = ^? 9 or ne> retirem5t & /r5g!n ,m$ic>e = future b5efici>ies4 7c7 ,assumptions ,?is resolution assumes re=m ( ! ,m$ic>e program su* t-- 7#a7 curr5t ,m$ic>e b5efits are pres]v$ = ^? 9 or ne> retirem5t2 7#b7 p]man5t re=m ( ! su/a9able gr[? rate is responsibly acc\nt$ = to ensure physicians cont9ue to p>ticipate 9 ! ,m$ic>e program & provide quality heal? c>e = b5efici>ies2 7#c7 :5 future g5]ations rea* eligibility1 ,m$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$s2 7#d7 ,m$ic>e w ma9ta9 traditional fee-=-s]vice z a plan option2 7#e7 ,m$ic>e w provide additional assi/ance = l[] income b5efici>ies & ^? ) great] heal? risks2 & 7#f7 ,m$ic>e sp5d+ is put on a su/a9able pa? & ! ,m$ic>e program becomes solv5t ov] ! long-t]m4 #hji4 ,policy /atem5t on m$ical discov]y1 developm5t1 deliv]y & innovation 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,= decades1 ! ,nation's commitm5t to ! discov]y1 developm5t1 & deliv]y ( new treatm5ts & cures has made ! ,unit$ ,/ates ! biom$ical innovation capital ( ! _w1 br++ life-sav+ drugs & devices to pati5ts & well ov] a million high-pay+ jobs to local communities4 7#b7 ,?anks to ! vision>y & det]m9$ lead]%ip ( innovators ?r\gh\t ,am]ica1 includ+ indu/ry1 academic m$ical c5t]s1 & ! ,national ,in/itutes ( ,heal? 7,,nih71 ! ,unit$ ,/ates has l$ ! way 9 e>ly discov]y4 ,! ,unit$ ,/ates lead]%ip role is be+ ?reat5$1 h[ev]1 z o!r c\ntries contribute m to basic rese>* f bo? public & private s\rces4 7#c7 ,! ,organisation = ,economic ,developm5t & ,coop]ation pr$icts t ,*9a1 = example1 w outsp5d ! ,unit$ ,/ates 9 total rese>* & developm5t by ! end ( ! decade4 7#d7 ,f$]al policies %\ld fo/] innovation 9 heal? c>e1 n /ifle x4 ,am]ica %\ld ma9ta9 its _w lead]%ip 9 m$ical sci5ce by enc\rag+ competitive =ces to "w ?r\gh ! m>ketplace 9 deliv]+ cures & !rapies to pati5ts4 7#e7 ,too (t5 ! bureaucracy & r$-tape 9 ,wa%+ton hold back m$ical innovation & prev5t new lifesav+ treatm5ts f rea*+ pati5ts4 ,?is resolution recognizes ! valuable role ( ! ,,nih & ! indisp5sable contributions to m$ical rese>* com+ f outside ,wa%+ton4 7#f7 ,am]ica is ! greate/1 mo/ innovative ,nation on ,e>?4 ,h] p are innovators1 entrepr5eurs1 vision>ies1 & rel5tless build]s ( ! future4 ,am]icans 7 responsible = ! fir/ telephone1 ! fir/ airplane1 ! fir/ comput]1 = putt+ ! fir/ man on ! moon1 = creat+ ! fir/ vacc9e = polio & = legions ( o!r sci5tific & m$ical break?r\ghs t h improv$ & prolong$ human heal? & life = c\ntless p 9 ,am]ica & ar\nd ! _w4 7b7 ,policy on ,m$ical ,innovation 7#a7 ,x is ! policy ( ?is resolution to support ! important "w ( m$ical innovators ?r\gh\t ! c\ntry1 includ+ private-sector innovators1 m$ical c5t]s & ! ,national ,in/itutes ( ,heal?4 7#b7 ,at ! same "t1 ! budget calls = cont9u$ /rong fund+ = ! ag5cies t engage 9 valuable rese>* & developm5t1 :ile also urg+ ,wa%+ton to get out ( ! way ( rese>*]s1 discov]]s & innovators all ov] ! c\ntry4 #haj4 ,policy /atem5t on ,f$]al regulatory re=m 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,excessive regulation at ! ,f$]al level has hurt job creation & damp5$ ! economy1 sl[+ ! ,nation's recov]y f ! economic recession4 7#b7 ,s9ce ,presid5t ,obama's inauguration 9 #bjji1 ! adm9i/ration has issu$ m ?an #dfh1ejj pages ( regulations 9 ! ,f$]al ,regi/] includ+ #gj1jff pages 9 #bjad4 7#c7 ,! ,national ,association ( ,manufactur]s e/imates ! total co/ ( regulations is z high z #b4jc trillion p] ye>4 ,s9ce #bjji1 ! ,:ite ,h\se has g5]at$ m ?an #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 has result$ 9 m ?an #cb billion 9 compliance co/s & saddl$ job creators ) m ?an #fc 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 ,june #bjad1 ! ,,epa propos$ a rule to cut c>bon pollution f ! ,nation's 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 7#g7 ,coal-fir$ p[] plants provide r\ghly #dj 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 ! en]gy m>ket analysis gr\p ,en]gy ,v5tures ,analysis ,inc4 e/imates ! av]age en]gy bill 9 ,we/ ,virg9ia w rise #gej p] h\sehold by #bjbj1 due 9 "p to ,,epa regulations4 ,we/ ,virg9ia receives #ie p]c5t ( its electricity f coal4 7#aj7 ,! ,h]itage ,f\ndation 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$uc+ ! income ( a family ( f\r by #a1bjj p] ye>4 ,( ^! jobs1 #ccj1jjj w come f ! manufactur+ sector1 ) ,cali=nia1 ,texas1 ,ohio1 ,ill9ois1 ,p5nsylvania1 ,mi*igan1 ,new ,york1 ,indiana1 ,nor? ,c>ol9a1 ,wiscons91 & ,georgia see+ ! highe/ job losses4 7b7 ,policy on f$]al regulatory re=m ,x is ! policy ( ?is resolution t ,congress %\ld1 9 consultation ) ! public burd5$ by excessive regulation1 enact legislation t-- 7#a7 promotes economic gr[? & job creation by elim9at+ unnecess>y r$ tape & /reaml9+ & simplify+ ,f$]al regulations2 7#b7 requires ! implem5tation ( a regulatory budget to be allocat$ among/ ,gov]nm5t ag5cies1 :i* w\ld require congressional approval & limit ! maximum co/s ( regulations 9 a giv5 ye>2 7#c7 requires congressional approval ( all new major regulations 7^? ) an impact ( #ajj million or m7 be=e enactm5t z oppos$ to curr5t law 9 :i* ,congress mu/ expressly disapprove ( regulation to prev5t x f becom+ law1 :i* w\ld keep ,congress engag$ z to p5d+ regulatory policy & prev5t co/ly & uns\nd policies f be+ implem5t$ & becom+ effective2 7#d7 requires a ?ree ye> retrospective co/-b5efit analysis ( all new major regulations1 to ensure t regulations op]ate z int5d$2 7#e7 re9=ces ! requirem5t ( regulatory impact analysis = regulations propos$ by executive bran* ag5cies b also exp&s ! requirem5t to indep5d5t ag5cies s t by law !y consid] ! co/s & b5efits ( propos$ regulations r ?an m]ely be+ enc\rag$ to d s z is curr5t practice2 & 7#f7 requires a =mal rulemak+ process = all major regulations1 :i* w\ld increase transp>5cy ov] ! process & all[ int]e/$ p>ties to communicate _! views on propos$ legislation to ag5cy (ficials4 #haa4 ,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 ,r\ghly #bj million /ud5ts are enroll$ 9 ,am]ican colleges & univ]sities4 7#c7 ,ov] ! pa/ decade1 tuition & fees h be5 gr[+ at an unsu/a9able rate4 ,betwe5 ! #bjjd-bjje ,academic ,ye> & ! #bjad-bjae ,academic ,ye>-- 7,a7 publi%$ tuition & fees at public #d-ye> colleges & univ]sities increas$ at an av]age rate ( #c4e p]c5t p] ye> above ! rate ( inflation2 7,b7 publi%$ tuition & fees at public two-ye> colleges & univ]sities increas$ at an av]age rate ( #b4e p]c5t p] ye> above ! rate ( inflation2 & 7,c7 publi%$ tuition & fees at private nonpr(it #d-ye> colleges & univ]sities increas$ at an av]age rate ( #b4b p]c5t p] ye> above ! rate ( inflation4 7#d7 ,f$]al f9ancial aid = high] education has also se5 a dramatic increase4 ,! portion ( ! ,f$]al /ud5t aid portfolio compos$ ( ,direct ,loans1 ,f$]al ,family ,education ,loans1 & ,p]k9s ,loans ) out/&+ balances grew by #aai p]c5t betwe5 fiscal ye> #bjjg & fiscal ye> #bjad4 7#e7 ,?is sp5d+ has fail$ to make college m af=dable4 7#f7 ,9 8 #bjab ,/ate ( ! ,union ,address1 ,presid5t ,obama not$3 ,we c't j keep subsidiz+ skyrocket+ tuition2 we'll run out ( money4 7#g7 ,am]ican /ud5ts are *as+ ev]-increas+ tuition ) ev]-increas+ debt4 ,accord+ to ! ,f$]al ,res]ve ,bank ( ,new ,york1 /ud5t debt n[ /&s at ne>ly #a4b trillion4 ,?is makes /ud5t loans ! second l>ge/ balance ( consum] debt1 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> #bjag & 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$2 7#b7 /reaml9+ programs t provide aid to make !m m effective2 7#c7 ma9ta9+ ! maximum ,pell grant aw>d level at #e1gge 9 ea* ye> ( ! budget w9d[2 & 7#d7 remov+ regulatory b>ri]s 9 high] education t act to re/rict flexibility & innovative tea*+1 p>ticul>ly z x relates to non-traditional models su* z onl9e c\rsework & compet5cy-bas$ le>n+4 7c7 ,f9d+s on work=ce developm5t ,! ,h\se f9ds ! foll[+3 7#a7 #h4g 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#c7 ,! ,h\se ,education & ,work=ce ,committee successfully consolidat$ #ae job tra9+ programs 9 ! rec5tly enact$ ,work=ce ,innovation & ,opportunity ,act4 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 fur!r /reaml9+ & consolidat+ ,f$]al job tra9+ programs2 & 7#b7 emp[]+ /ates ) ! flexibility to tailor fund+ & programs to ! specific ne$s ( _! work=ce1 includ+ ! developm5t ( c>e] s*ol>%ips4 #hab4 ,policy /atem5t on ,dep>tm5t ( ,vet]ans ,affairs 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,= ye>s1 !re has be5 s]i\s conc]n reg>d+ ! ,dep>tm5t ( ,vet]ans ,affairs 7,,va7 bureaucratic mismanagem5t & cont9u\s failure to provide vet]ans timely access to heal? c>e & b5efits4 7#b7 ,9 #bjad1 reports />t$ break+ across ! ,nation t ,,va m$ical c5t]s 7 manipulat+ wait-li/ docum5ts to hide long delays vet]ans 7 fac+ to receive heal? c>e4 ,! ,,va hospital sc&al l$ to ! imm$iate resignation ( !n-,secret>y ( ,vet]ans ,affairs ,eric ,k4 ,%9seki4 7#c7 ,9 #bjae1 = ! fir/ "t ev]1 ,,va heal? c>e 0 add$ to ! high-risk li/ ( ! ,gov]nm5t ,acc\ntability ,(fice 7,,gao71 due to managem5t & ov]sight failures t h directly result$ 9 risks to ! timel9ess1 co/-effectiv5ess1 & quality ( heal? c>e4 7#d7 ,9 response to ! sc&al1 ! ,h\se ,committee on ,vet]ans' ,affairs held sev]al ov]sight he>+s & ultimately enact$ ! ,vet]ans' ,access1 ,*oice & ,acc\ntability ,act ( #bjad 7,,vacaa7 7,public ,law #aac-adf7 to address ^! problems4 ,,vacaa provid$ #ae billion 9 em]g5cy res\rces to fund int]nal heal? c>e ne$s )9 ! dep>tm5t & provid$ vet]ans enhanc$ access to private-sector heal? c>e "u ! new ,vet]ans ,*oice ,program4 7b7 ,policy on ! dep>tm5t ( vet]ans affairs ,?is budget supports ! cont9u$ ov]sight ef=ts by ! ,h\se ,committee on ,vet]ans' ,affairs to ensure ! ,,va is n only transp>5t & acc\ntable1 b also successful 9 a*iev+ its goals 9 provid+ timely heal? c>e & b5efits to ,am]ica's vet]ans4 ,! ,budget ,committee w cont9ue to closely monitor ! ,,va's progress to ensure res\rces provid$ by ,congress are suffici5t & effici5tly us$ to provide ne$$ b5efits & s]vices to vet]ans4 #hac4 ,policy /atem5t on ,f$]al acc\nt+ me?odologies 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,giv5 ! ?\s&s ( ,f$]al programs & trillions ( doll>s ! ,f$]al ,gov]nm5t sp5ds ea* ye>1 assess+ & acc\nt+ = ,f$]al fiscal activities & liabilities is a complex und]tak+4 7#b7 ,curr5t me?ods ( acc\nt+ leave mu* to be desir$ 9 captur+ ! full scope ( gov]nm5t & 9 pres5t+ in=mation 9 a cle> & compell+ way t illum9ates ! be/ options go+ =w>d4 7#c7 ,mo/ fiscal analysis produc$ by ! ,congressional ,budget ,(fice 7,,cbo7 is conduct$ ov] a relatively %ort "t horizon3 #aj or #be ye>s4 ,:ile ?is "t frame is useful = mo/ purposes1 x fails to consid] ! fiscal consequ5ces ov] ! long] t]m4 7#d7 ,additionally1 curr5t acc\nt+ me?odology does n provide an analysis ( h[ ! ,f$]al ,gov]nm5t's fiscal situation ov] ! long run affects ,am]icans ( v>i\s age cohorts4 7#e7 ,ano!r consid]ation is h[ ,f$]al programs %\ld be acc\nt$ =4 ,! accrual me?od ( acc\nt+ records rev5ue :5 x is e>n$ & exp5ses :5 !y are incurr$1 :ile ! ca% me?od records rev5ue & exp5ses :5 ca% is actually paid or receiv$4 7#f7 ,! ,f$]al budget acc\nts = mo/ programs us+ ca% acc\nt+4 ,"s programs1 h[ev]1 p>ticul>ly loan & loan gu>antee programs1 are acc\nt$ = us+ accrual me?ods4 7#g7 ,,gao has indicat$ t accrual acc\nt+ may provide a m accurate e/imation ( ! ,f$]al ,gov]nm5t's liabilities ?an ca% acc\nt+ = "s programs specifically ^? t provide "s =m ( insurance4 7#h7 ,:]e accrual acc\nt+ is us$1 x is almo/ exclusively calculat$ by ,,cbo accord+ to ! me?odology outl9$ 9 ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7,,fcra74 ,,cbo uses fair value me?odology in/ead ( ,,fcra to measure ! co/ ( ,fannie ,mae & ,fr$die ,mac1 = example4 7#i7 ,,fcra me?odology1 h[ev]1 und]/ates ! risk & ?us ! true co/ ( ,f$]al programs4 ,an alt]native is fair value me?odology1 :i* uses disc\nt rates t incorporate ! risk inh]5t to ! type ( liability be+ e/imat$ 9 addition to ,treasury disc\nt rates ( ! prop] maturity l5g?4 7#aj7 ,! ,congressional ,budget ,(fice has conclud$ t adopt+ a fair-value approa* w\ld provide a m compreh5sive way to measure ! co/s ( ,f$]al cr$it programs & w\ld p]mit m level comp>isons betwe5 ^? co/s & ! co/s ( o!r =ms ( f$]al assi/ance ?an ! curr5t approa* "u ,,fcra4 7b7 ,policy on ,f$]al acc\nt+ me?odologies ,x is ! policy ( ?is resolution t ,congress %\ld1 9 consultation ) ! ,congressional ,budget ,(fice & ! public affect$ by ,f$]al budget>y *oices1 adopt ,gov]nm5t-wide re=ms ( budget & acc\nt+ practices s ! ,am]ican p & _! repres5tatives c m readily und]/& ! fiscal situation ( ! ,gov]nm5t ( ! ,unit$ ,/ates & ! options be/ suit$ to improv+ x4 ,su* re=ms may include b %\ld n be limit$ to ! foll[+3 7#a7 ,provid+ additional metrics to enhance our curr5t analysis by consid]+ our fiscal situation compreh5sively1 ov] an ext5d$ "t horizon1 & z x affects ,am]icans ( v>i\s age cohorts4 7#b7 ,exp&+ ! use ( accrual acc\nt+ :]e appropriate4 7#c7 ,acc\nt+ = c]ta9 ,f$]al cr$it programs us+ fair value acc\nt+ z oppos$ to ! curr5t approa* "u ! ,f$]al ,cr$it ,re=m ,act ( #aiij4 #had4 ,policy /atem5t on scorekeep+ = outye> budget>y effects 9 appropriation ,acts 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,section #cjb ( ! ,congressional ,budget ,act ( #aigd directs ! ,committee on ! ,budget to provide an allocation ( budget>y res\rces to ! ,committee on ,appropriations = ! budget ye> cov]$ by a concurr5t resolution on ! budget4 7#b7 ,! allocation ( budget>y res\rces provid$ by ! ,committee on ! ,budget to ! ,committee on ,appropriations cov]s a p]iod ( "o fiscal ye> only1 :i* is effective = ! budget ye>4 7#c7 ,an appropriation ,act1 jo9t resolution1 am5dm5t !reto or conf]5ce report !reon may conta9 *anges to programs t result 9 direct budget>y effects t occur beyond ! budget ye> & beyond ! p]iod = :i* ! allocation ( budget>y res\rces provid$ by ! ,committee on ! ,budget is effective4 7#d7 ,! allocation ( budget>y res\rces provid$ to ! ,committee on ,appropriations does n curr5tly anticipate or capture direct outye> budget>y effects to programs4 7#e7 ,budget en=cem5t c\ld be improv$ by captur+ ! direct outye> budget>y effects caus$ by appropriation ,acts & us+ ?is in=mation to det]m9e ! appropriate allocations ( budget>y res\rces to ! ,committee on ,appropriations :5 consid]+ future concurr5t resolutions on ! budget4 7b7 ,policy /atem5t ,x is ! policy ( ! ,h\se ( ,repres5tatives to m effectively allocate budget>y res\rces & accurately en=ce budget t>gets by agree+ to a proc$ure by :i* ! ,committee on ! ,budget %\ld consid] ! direct outye> budget>y effects ( *anges to m&atory programs enact$ 9 appropriations bills1 jo9t resolutions1 am5dm5ts !reto or conf]5ce reports !reon :5 sett+ ! allocation ( budget>y res\rces = ! ,committee on ,appropriations 9 a concurr5t resolution on ! budget4 ,! relevant committees ( jurisdiction are direct$ to consult on a proc$ure dur+ fiscal ye> #bjaf & include recomm5dations = implem5t+ su* proc$ure 9 ! fiscal ye> #bjag concurr5t resolution on ! budget4 #hae4 ,policy /atem5t on r$uc+ unnecess>y1 wa/eful1 & unau?oriz$ 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 its report to ,congress on ,gov]nm5t ,effici5cy & ,effectiv5ess1 ! ,comptroll] ,g5]al has /at$ t address+ ! id5tifi$ wa/e1 duplication1 & ov]lap 9 ,f$]al programs c\ld lead to t5s ( billions ( doll>s ( additional sav+s44 7#c7 ,9 #bjaa1 #bjab1 #bjac1 & #bjad ! ,,gao issu$ reports %[+ excessive duplication & r$undancy 9 ,f$]al programs includ+-- 7,a7 two hundr$ n9e ,sci5ce1 ,te*nology1 ,eng9e]+1 & ,ma!matics education programs 9 #ac diff]5t ,f$]al ag5cies at a co/ ( #c billion annually2 7,b7 two hundr$ sep>ate ,dep>tm5t ( ,ju/ice crime prev5tion & victim s]vices grant programs ) an annual co/ ( #c4i billion 9 #bjaj2 7,c7 tw5ty 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 sev5te5 sep>ate ,homel& ,security prep>$ness grant programs t sp5t #cg billion betwe5 fiscal ye>s #bjaa & #bjab2 7,e7 f\rte5 grant & loan programs1 & ?ree tax b5efits to r$uce diesel emissions2 7,f7 n9ety-f\r diff]5t initiatives run by #aa diff]5t ag5cies to enc\rage gre5 build+ 9 ! private sector2 & 7,g7 tw5ty-?ree 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 m ?an #hj billion ea* ye> = approximately #a1djj 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 billion4 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 m ?an #ej billion 9 sav+s annually4 7#f7 ,f$]al ag5cies report$ an e/imat$ #ajf billion 9 improp] paym5ts 9 fiscal ye> #bjac4 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 ,r$uc+ ,unnecess>y1 ,wa/eful1 & ,unau?oriz$ ,sp5d+ 7#a7 ,ea* au?oriz+ committee annually %\ld 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 7#b7 ,committees ( jurisdiction %\ld review all unau?oriz$ programs fund$ ?r\gh annual appropriations to det]m9e if ! programs are op]at+ effici5tly & effectively4 7#c7 ,committees %\ld reau?orize ^? programs t 9 ! committees' judgm5t %\ld cont9ue to receive fund+4 7#d7 ,= ^? programs n reau?oriz$ by committees1 ! ,h\se ( ,repres5tatives %\ld en=ce ! limitations on fund+ su* unau?oriz$ programs 9 ! ,h\se rules4 ,if ! /rictures ( ! rules are deem$ to be too rapid 9 prohibit+ sp5d+ on unau?oriz$ programs1 !n mild] measures %\ld be adopt$ & en=c$ until a return to ! full prohibition ( clause #b7;a77#a7 ( rule ,,xxi ( ! ,rules ( ! ,h\se4 #haf4 ,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 #hdd billion 9 unobligat$ balances at ! close ( fiscal ye> #bjae4 7#b7 ,^! funds repres5t direct & discretion>y sp5d+ previ\sly made available by ,congress t rema9s available = exp5diture4 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 cancel+ unobligat$ balances ( funds t are no long] ne$$4 7b7 ,policy on deficit r$uction ?r\gh ! cancellation ( unobligat$ balances ,congressional committees %\ld ?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$uction4 #hag4 ,policy /atem5t on ag5cy fees & sp5d+ 7a7 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,a numb] ( ,f$]al ag5cies & organizations h p]man5t au?ority to collect fees & o!r (fsett+ collections & to sp5d ^! collect$ funds4 7#b7 ,! total am\nt ( (fsett+ fees & (fsett+ collections is e/imat$ by ! ,(fice ( ,managem5t & ,budget to be #ebe billion 9 fiscal ye> #bjaf4 7#c7 ,ag5cy budget ju/ifications are1 9 "s cases1 n fully transp>5t ab\t ! am\nt ( program activity fund$ ?r\gh (fsett+ collections or fees4 ,?is lack ( transp>5cy prev5ts effective & acc\ntable gov]nm5t4 7b7 ,policy on ag5cy fees & sp5d+ ,x is ! policy ( ?is resolution t ,congress mu/ reass]t its con/itutional pr]ogative to control sp5d+ & conduct ov]sight4 ,to d s1 ,congress %\ld enact legislation requir+ programs t are fund$ ?r\gh fees1 (fsett+ receipts1 or (fsett+ collections to be allocat$ new budget au?ority annually4 ,su* allocation may arise f-- 7#a7 legislation orig9at+ f ! au?oriz+ committee ( jurisdiction = ! ag5cy or program2 or 7#b7 fee & acc\nt specific allocations includ$ 9 annual appropriation ,acts4 #hah4 ,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 #hai4 ,policy /atem5t on ,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 & %\ld 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 #hbj4 ,policy /atem5t on national security fund+ 7a7 ,f9d+s ,! ,h\se f9ds ! foll[+3 7#a7 ,russian aggression1 ! gr[+ ?reats ( ! ,islamic ,/ate ( ,iraq & ! ,levant 9 ! ,middle ,ea/1 ,nor? ,korean & ,iranian nucle> & missile programs1 & cont9u$ ,*9ese inve/m5ts 9 high-end milit>y capabilities & cyb] w>f>e %ape ! p>amet]s ( an increas+ly complex & *all5g+ security environm5t4 7#b7 ,all f\r curr5t s]vice *iefs te/ifi$ t ! ,national ,milit>y ,/rategy c\ld n be execut$ at seque/ration levels4 7#c7 ,! indep5d5t & bip>tisan ,national ,def5se ,panel conduct$ risk assessm5ts ( =ce /ructure *anges trigg]$ by ! ,budget ,control ,act ( #bjaa 7,,bca7 & conclud$ t 9 addition to previ\s cuts to def5se dat+ back to #bjji1 ! seque/ration ( def5se discretion>y sp5d+ has caus$ significant %ortfalls 9 ,u4,s4 milit>y read9ess & bo? pres5t & future capabilities4 7#d7 ,! ,presid5t's fiscal ye> #bjaf budget irresponsibly ignores curr5t law & reque/s a def5se budget #ch billion above ! caps = rhetorical ga94 ,by creat+ an expectation ( sp5d+ )\t a plan to avoid ! ,,bca's gu>ante$ seque/] ^u brea*+ ( its caps1 ! ,:ite ,h\se's proposal comp\nds ! fiscal unc]ta9ty t has affect$ ! milit>y's ability to adequately plan = future cont+5cies & make inve/m5ts crucial = ! ,nation's def5se4 7#e7 ,! ,presid5t's budget proposes #a4h trillion 9 tax increases1 9 addition to ! #a4g trillion 9 tax hikes ! ,adm9i/ration has already impos$4 ,! ,presid5t's tax increases w\ld fur!r burd5 economic gr[? & is n a reali/ic s\rce = (fsets to fund def5se seque/] replacem5t4 7b7 ,policy on fiscal ye> #bjaf national def5se fund+ ,9 fiscal ye> #bjae1 ! ,h\se-pass$ budget resolution anticipat$ #eff billion = national def5se 9 ! discretion>y base budget = fiscal ye> #bjaf4 ,) no necess>y /atutory *ange yet provid$ by ,congress1 ! ,,bca /atute w\ld require limit+ national def5se discretion>y base fund+ to #ebc billion 9 fiscal ye> #bjaf4 ,h[ev]1 9 total ) #ij billion1 ! ,h\se ,budget e/imate = ,ov]seas ,cont+5cy ,op]ations fund+ = ! ,dep>tm5t ( ,def5se1 ! fiscal ye> #bjaf budget provides ov] #fac billion total = def5se sp5d+ t is high] ?an ! ,presid5t's budget reque/ = ! fiscal ye>4 ,?is concurr5t resolution provides #bb billion above ! ,presid5t's ,five ,ye> ,def5se ,plan & #aea billion above ! #aj-ye> totals4 ,?is w\ld also be #chg billion above ! #aj-ye> total = curr5t levels4 7c7 ,def5se ,read9ess & ,mod]nization ,fund 7#a7 ,! budget resolution recognizes ! ne$ to ensure robu/ fund+ = national def5se :ile ma9ta9+ ov]all fiscal discipl9e4 ,! budget resolution prioritizes our national def5se & ! ne$s ( ! w>fight] by provid+ ne$$ doll>s ?r\gh ! creation ( ! ,def5se ,read9ess & ,mod]nization ,fund4 7#b7 ,! ,def5se ,read9ess & ,mod]nization ,fund provides ! me*anism = ,congress to responsibly allocate 9 a deficit-neutral way ! res\rces ! milit>y ne$s to secure ! safety & lib]ty ( ,unit$ ,/ates citiz5s f ?reats at home & abroad4 ,! ,def5se ,read9ess & ,mod]nization ,fund w provide ! *air ( ! ,committee on ! ,budget ( ! ,h\se ! ability to increase allocations to support legislation t w\ld provide = ! ,dep>tm5t ( ,def5se w>fight+ capabilities1 mod]nization1 a tempor>y increase 9 end /r5g?1 tra9+ & ma9t5ance associat$ ) combat read9ess1 activities to rea* full auditability ( ! ,dep>tm5t ( ,def5se's f9ancial /atem5ts1 & implem5tation ( milit>y & comp5sation re=ms4 7d7 ,seque/] ,replacem5t = ,national ,def5se ,?is concurr5t resolution enc\rages an imm$iate reevaluation ( ,f$]al ,gov]nm5t priorities to ma9ta9 ! /r5g? ( ,am]ica's national security po/ure4 ,9 id5tify+ policies to re/ructure & /abilize ! ,gov]nm5t's major entitlem5t programs :i*1 along ) net int]e/1 w consume all ,f$]al rev5ue 9 less ?an #bj ye>s4 ,! budget also *>ts a c\rse t c ensure ! availability ( ne$$ national security res\rces4 ,cl]k4