,,ii #aafth ,,congress #ast ,session ,s4 #fc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #i1 #bjai,mr4 ,whitehouse 7for himself and ,mr4 ,blunt7 introduced the following bill2 which was read twice and referred to the ,committee on the ,budget ,a ,,bill ,to implement the recommendations of the ,joint ,select ,committee on ,budget and ,appropriations ,process ,reform4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,bipartisan ,budget and ,appropriations ,reform ,act of #bjai4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4,title ,i--,biennial ,budget ,resolutions,sec4 #aja4 ,purposes4,sec4 #ajb4 ,definitions4,sec4 #ajc4 ,revision of timetable4,sec4 #ajd4 ,biennial concurrent resolutions on the budget4,sec4 #aje4 ,committee allocations4,sec4 #ajf4 ,revision of biennial budget4,sec4 #ajg4 ,additional amendments to the ,congressional ,budget ,act of #aigd to effectuate biennial budgeting4,sec4 #ajh4 ,reconciliation process4,sec4 #aji4 ,bipartisan budget resolution4,title ,,ii--,other ,matters,sec4 #bja4 ,views and estimates of committees4,sec4 #bjb4 ,annual supplemental budget submission by the ,president4,sec4 #bjc4 ,hearing on the fiscal state of the ,nation4,sec4 #bjd4 ,reform of ,senate ,budget ,committee4 ,i ,biennial ,budget ,resolutions #aja4 ,purposes ,paragraph 7#b7 of section #b of the ,congressional ,budget and ,impoundment ,control ,act of #aigd is amended to read as follows3 7#b7 to facilitate the determination biennially of the appropriate level of ,federal revenues and expenditures by the ,congress2 4 #ajb4 ,definitions ,section #c of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fbb7 is amended-- 7#a7 in paragraph 7#d71 by striking for a fiscal year each place it appears and inserting for a biennium2 and 7#b7 by adding at the end the following new paragraphs3 7#ab7 ,the term direct spending has the meaning given to such term in section #bej7;c77#h7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe4 7#ac7 ,the term biennium means any period of #b consecutive fiscal years beginning with an even-numbered fiscal year4 7#ad7 ,the term budget year has the meaning given that term in section #bej7;c77#ab7 of the ,balanced ,budget and ,emergency ,control ,act of #aihe4 4 #ajc4 ,revision of timetable ,section #cjj of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fca7 is amended to read as follows3 #cjj4 ,timetable ,the timetable with respect to the congressional budget process for any ,congress is as follows3 ,first ,session,on or before3,action to be completed3,february #ae;,congressional ,budget ,office submits report to ,budget ,committees4 ,march #a;,committees submit views and estimates to ,budget ,committees4,april #a,senate ,budget ,committee reports biennial budget4,may #a;,congress completes action on the biennial budget4,may #ae;,appropriation bills may be considered in the ,house of ,representatives4,june #aj;,house ,appropriations ,committee reports last annual appropriation bill4 ,october #a;,first fiscal year of the biennium begins4,second ,session,on or before3,action to be completed3,february #ae;,congressional ,budget ,office submits report to ,budget ,committees4,june #aj;,house ,appropriations ,committee reports last annual appropriation bill4 ,october #a,second fiscal year of the biennium begins4 4 #ajd4 ,biennial concurrent resolutions on the budget 7a7 ,contents of resolution 7#a7 ,in general ,section #cja7;a7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb7;a77 is amended-- 7,a7 by striking the matter preceding paragraph 7#a7 beginning with ,on or before ,april #ae and inserting the following3 ,on or before ,may #a of each odd-numbered calendar year1 the ,congress shall complete action on a concurrent resolution on the budget for the biennium beginning on ,october #a of that calendar year4 ,the concurrent resolution shall set forth appropriate levels for each fiscal year in the biennium and for at least each fiscal year in the next #b bienniums for the following--2 7,b7 in paragraph 7#f7-- 7i7 by striking for the fiscal year and inserting for each fiscal year in the biennium2 and 7ii7 by striking and at the end2 7,c7 in paragraph 7#g7-- 7i7 by striking for the fiscal year and inserting for each fiscal year in the biennium2 and 7ii7 by striking the period at the end and inserting 2 and2 7,d7 by adding after paragraph 7#g7 the following3 7#h7 subtotals of new budget authority and outlays for nondefense discretionary spending2 defense discretionary spending2 direct spending2 and net interest4 2 and 7,e7 by adding at the end of the matter following paragraph 7#h7 7as added by subparagraph 7,d77 the following3 ,the concurrent resolution on the budget for a biennium shall include procedures for adjusting spending and revenue levels1 committee allocations1 and other amounts in the resolution during the second session of a ,congress to reflect an updated baseline that will be used for scoring purposes44 7b7 ,additional ,matters in concurrent resolution ,section #cja7;b7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb7;b77 is amended-- 7#a7 in paragraph 7#c71 by striking for such fiscal year and inserting for either fiscal year in such biennium2 7#b7 in paragraph 7#h71 by striking and at the end2 7#c7 in paragraph 7#i71 by striking the period at the end and inserting 2 and2 and 7#d7 by adding at the end the following3 7#aj7 include total combined outlays and revenues for tax expenditures4 4 7c7 ,hearings and report ,section #cja7;e77#a7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb7;e77 is amended by striking fiscal year and inserting biennium4 7d7 ,goals for reducing unemployment ,section #cja7;f7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb7;f77 is amended by striking fiscal year each place it appears and inserting biennium4 7e7 ,economic assumptions ,section #cja7;g7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb7;g77 is amended by striking for a fiscal year and inserting for a biennium4 7f7 ,section heading ,the section heading of section #cja of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb7 is amended by striking ,annual ,adoption of and inserting ,adoption of ,biennial4 #aje4 ,committee allocations ,section #cjb of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcc7 is amended-- 7#a7 in subsection 7a77#a7-- 7,a7 by striking for that period of fiscal years and inserting for all fiscal years covered by the resolution2 and 7,b7 by striking only for the fiscal year of that resolution and inserting only for each fiscal year of the biennium2 7#b7 in subsection 7c7-- 7,a7 by striking subsection 7a7 and inserting subsection 7a77#a72 7,b7 by striking for a fiscal year and inserting for a budget year2 and 7,c7 by striking for that fiscal year and inserting for that budget year2 7#c7 in subsection 7f77#a7-- 7,a7 by striking for a fiscal year2 and 7,b7 by striking the first fiscal year and inserting either fiscal year of the biennium of that resolution2 and 7#d7 in subsection 7f77#b77;,a71 by-- 7,a7 striking first fiscal year and inserting either fiscal year of the biennium of that resolution2 and 7,b7 striking the total of fiscal years and inserting the total of all fiscal years covered by the resolution4 #ajf4 ,revision of biennial budget ,section #cjd of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fce7 is amended to read as follows3 #cjd4 ,permissible revisions of concurrent resolutions on the budget ,at any time after the concurrent resolution on the budget has been agreed to pursuant to section #cja and before the end of the biennium1 the two ,houses may adopt a concurrent resolution that revises or reaffirms the most recently agreed to concurrent resolution on the budget4 ,any concurrent resolution that revises or reaffirms the most recently agreed to concurrent resolution on the budget shall be considered under the procedures set forth in section #cje4 4 #ajg4 ,additional amendments to the ,congressional ,budget ,act of #aigd to effectuate biennial budgeting 7a7 ,enforcement of section #cjc ,section #cjc of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcd7 is amended-- 7#a7 in subsection 7a7-- 7,a7 by striking for a fiscal year and inserting for a biennium2 and 7,b7 by striking the first fiscal year covered by that resolution and inserting either fiscal year of that biennium2 7#b7 in subsection 7b77#a77;,b71 by striking the fiscal year and inserting the biennium2 and 7#c7 in subsection 7c7-- 7,a7 in paragraph 7#a7-- 7i7 by striking for a fiscal year and inserting for a biennium2 and 7ii7 by striking for that year in each instance and inserting for each year of that biennium2 and 7,b7 in paragraph 7#b71 by striking after the year the allocation referred to in that paragraph is made and inserting after the years the allocations referred to in that paragraph are made4 7b7 ,section #cje ,subsections 7a77#c7 and 7b77#c7 of section #cje of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcf7 are amended by striking for a fiscal year4 7c7 ,section #caa point of order 7#a7 ,in the ,house of ,representatives ,section #caa7;a77#a7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fdb7;a77 is amended-- 7,a7 by striking for a fiscal year2 7,b7 by striking the first fiscal year each place it appears and inserting either of the first two fiscal years covered by such resolution2 and 7,c7 by striking that first fiscal year and inserting either of the first two fiscal years4 7#b7 ,in the ,senate ,section #caa7;a77#b7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fdb7;a77#b77 is amended-- 7,a7 in subparagraph 7,a71 by striking for the first fiscal year and inserting for either of the first two fiscal years2 and 7,b7 in subparagraph 7,b7-- 7i7 by striking that first fiscal year the first place it appears and inserting either of the first two fiscal years2 and 7ii7 by striking that first fiscal year and the ensuing fiscal years and inserting all fiscal years4 7#c7 ,social security levels ,section #caa7;a77#c7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fdb7;a77#b77 is amended by-- 7,a7 striking for the first fiscal year and inserting for either of the first two fiscal years2 and 7,b7 striking that fiscal year and the ensuing fiscal years and inserting all fiscal years4 #ajh4 ,reconciliation process ,section #caj7;a7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fda7;a77 is amended-- 7#a7 in the matter before paragraph 7#a71 by striking ,a concurrent and all that follows through shall and inserting ,a concurrent resolution on the budget for a biennium shall1 for each fiscal year of the biennium2 7#b7 in paragraph 7#a77;,a71 by striking for such fiscal year and inserting for each fiscal year of the biennium2 7#c7 in paragraph 7#a77;,c71 by striking such fiscal year and inserting each fiscal year of the biennium2 and 7#d7 in paragraph 7#a77;,d71 by striking such fiscal year and inserting each fiscal year of the biennium4 #aji4 ,bipartisan budget resolution 7a7 ,definition ,section #c of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fbb71 as amended by section #ajb1 is further amended by adding at the end the following3 7#ae7 ,the term bipartisan budget resolution means a concurrent resolution on the budget for a biennium-- 7,a7 ordered reported to the ,senate by the ,committee on the ,budget of the ,senate by an affirmative vote of not less than half of the ,senators that are members of the majority party in the ,senate and not less than half of the ,senators that are members of the minority party in the ,senate2 7,b7 that establishes-- 7i7 a target for the ratio of the public debt to the gross domestic product as of the end of the period covered by the concurrent resolution or a later date2 and 7ii7 for each fiscal year covered by the concurrent resolution1 targets for-- 7,i7 the ratio of the public debt to the gross domestic product2 7,,ii7 the amount of health care spending by the ,government2 7,,iii7 the amount of tax expenditures2 7,,iv7 the amount of discretionary appropriations 7as defined in section #bej of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ijj772 and 7,v7 the amount of revenues2 and 7,c7 which may include other economic or policy targets4 4 7b7 ,consideration of bipartisan budget resolutions ,section #cje of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fcf7 is amended by adding at the end the following3 7e7 ,procedures in the ,senate for bipartisan budget resolutions 7#a7 ,other expedited process ,in the ,senate1 upon the agreement of the majority leader and the minority leader1 additional procedures to expedite consideration of a bipartisan budget resolution 7which may include limiting the number of amendments upon which the ,senate shall vote7 shall apply to consideration of the bipartisan budget resolution4 ,the majority leader shall submit a written statement for the ,congressional ,record reflecting any agreement described in this paragraph4 7#b7 ,passage ,in the ,senate1 a bipartisan budget resolution shall be agreed to only upon the affirmative vote of not less than-- 7,a7 three-fifths of the ,members1 duly chosen and sworn2 and 7,b7 #ae ,members that are members of the minority party in the ,senate4 7#c7 ,amendments between the ,houses and conference reports ,to be considered a bipartisan budget resolution1 a conference report or an amendment between the ,houses on a concurrent resolution on the budget shall-- 7,a7 comply with section #c7ae77;,b72 and 7,b7 be agreed to in the ,senate by an affirmative vote of not less than-- 7i7 three-fifths of the ,members1 duly chosen and sworn2 and 7ii7 #ae ,members that are members of the minority party in the ,senate4 4 7c7 ,reconciliation under bipartisan budget resolutions ,section #caj7;e77#b7 of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fda7;e77#b77 is amended-- 7#a7 by inserting 7,a7 before ,debate2 and 7#b7 by adding at the end the following3 7,b7 ,in the ,senate1 a reconciliation bill reported under subsection 7b7 pursuant to reconciliation instructions in a bipartisan budget resolution1 a ,house amendment thereto1 and a conference report thereon shall be agreed to only upon the affirmative vote of not less than-- 7i7 a majority of the ,members voting1 a quorum being present2 and 7ii7 #ae ,members that are members of the minority party in the ,senate4 4 7d7 ,reporting ,section #bjb of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fjc7 is amended by adding at the end the following3 7h7 ,report on ratio of the public debt to the gross domestic product ,on and after the date on which the first bipartisan budget resolution is agreed to1 the ,director of the ,congressional ,budget ,office shall submit to ,congress semiannual reports on the ratio of the public debt to the gross domestic product1 which shall evaluate whether the targets in the most recently agreed to bipartisan budget resolution have been met4 4 ,,ii ,other ,matters #bja4 ,views and estimates of committees ,section #cja7;d7 of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fcb7;d77 is amended to read as follows3 7d7 ,views and estimates of other committees 7#a7 ,in general ,not later than ,march #a of the first session of a ,congress1 or upon the request of the ,committee on the ,budget of the ,house of ,representatives or the ,senate1 each committee of the ,house of ,representatives and the ,senate having legislative jurisdiction shall submit to its respective ,committee on the ,budget its views and estimates 7as determined by the committee making such submission7 with respect to the following3 7,a7 ,any legislation to be considered during that ,congress that is a priority for the committee4 7,b7 ,any legislation within the jurisdiction of the committee that would establish1 amend1 or reauthorize any ,federal program and likely have a significant budgetary impact4 7#b7 ,additional matters ,any committee of the ,house of ,representatives or the ,senate and any joint committee of the ,congress may submit to the appropriate ,committees on the ,budget its views and estimates with respect to all matters set forth in subsections 7a7 and 7b7 which relate to matters within its jurisdiction4 7#c7 ,joint ,economic ,committee ,the ,joint ,economic ,committee shall submit to the ,committees on the ,budget of both ,houses its recommendations as to the fiscal policy appropriate to the goals of the ,employment ,act of #aidf4 4 #bjb4 ,annual supplemental budget submission by the ,president ,section #aajf of title #ca1 ,united ,states ,code1 is amended by adding at the end the following3 7d7 ,on or before ,december #a of each calendar year1 the ,president shall submit to ,congress an administrative budget for the fiscal year beginning in the ensuing calendar year1 which shall include up-to-date estimates for current year and prior year data and credit reestimates for the current year 7as included in the ,federal credit supplement of such budget74 4 #bjc4 ,hearing on the fiscal state of the ,nation 7a7 ,in general ,not later than #de days 7excluding ,saturdays1 ,sundays1 and holidays7 after the date on which the ,secretary of the ,treasury submits to ,congress the audited financial statement required under paragraph 7#a7 of section #cca7;e7 of title #ca1 ,united ,states ,code1 on a date agreed upon by the chairs of the ,committees on the ,budget of the ,house of ,representatives and the ,senate and the ,comptroller ,general of the ,united ,states1 the chairs shall conduct a hearing to receive a presentation from the ,comptroller ,general reviewing the findings of the audit required under paragraph 7#b7 of such section and providing1 with respect to the information included by the ,secretary in the report accompanying such audited financial statement1 an analysis of the financial position and condition of the ,federal ,government1 including financial measures 7such as the net operating cost1 income1 budget deficits1 or budget surpluses7 and sustainability measures 7such as the long-term fiscal projection or social insurance projection7 described in such report4 7b7 ,effective date ,the requirement under subsection 7a7 shall apply with respect to any audited financial statement submitted on or after the date of the enactment of this ,act4 #bjd4 ,reform of ,senate ,budget ,committee ,in the ,senate1 the ,committee on the ,budget shall include the following3 7#a7 ,the ,chairman and ,ranking ,member of the ,committee on ,appropriations4 7#b7 ,the ,chairman and ,ranking ,member of the ,committee on ,finance4