,,ii  #aah? ,,congress  #a/ ,session    
,s4 #ggb  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #i1 #bjbc,mr4     
,braun introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on !
 ,budget  ,a ,,bill  ,to am5d !         
,congressional ,budget ,act ( #aigd to  
set responsible budget t>gets4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,responsible ,budget ,t>gets ,act (     
#bjbc4  #b4 ,e/abli%+ responsible budget
 t>gets  7a7 ,9 g5]al ,title ,,iv ( !   
,congressional ,budget ,act ( #aigd 7#b 
,u4,s4,c4 #fea et seq47 is am5d$ by add+
 at ! end ! foll[+3  ,c ,e/abli%+       
responsible budget t>gets  #dda4        
,def9itions ,9 ?is "p3 7#a7 ,prim>y     
balance factor  7,a7 ,9 g5]al ,! t]m    
prim>y balance factor-- 7i7 ) respect to
 ! fir/ fiscal ye> t beg9s n less ?an   
#ahj days aft] ! date ( enactm5t ( ?is  
"p1 means #j4j p]c5tage po9t2 &  7ii7   
except z provid$ 9 subp>agraph 7,b71 )  
respect to ea* fiscal ye> aft] ! fiscal 
ye> describ$ 9 clause 7i71 means ! sum  

obta9$ by add+-- 7,i7 ! prim>y balance  
factor = ! previ\s fiscal ye>2 &  7,,ii7
 7aa7 if prim>y budget au?ority exce$$  
rev5ue = ! fiscal ye> be=e ! previ\s    
fiscal ye>1 #j4b p]c5tage po9t2 &  7bb7 
if rev5ue exce$$ prim>y budget au?ority 
= ! fiscal ye> be=e ! previ\s fiscal    
ye>1 #j4b p]c5tage po9t4  7,b7 ,special 
rule = fir/ ye> aft] prim>y balance  7i7
 ,9 g5]al ,= ! fir/ fiscal ye> t beg9s  
aft] ! date ( a det]m9ation t1 = a      
fiscal ye> beg9n+ aft] ! date ( enactm5t
 ( ?is "p1 rev5ue exce$$ prim>y budget  
au?ority1 ! t]m prim>y balance factor   
means #j4j p]c5tage po9t4  7ii7         
,subsequ5t adju/m5t ,aft] ! fir/ fiscal 
ye> describ$ 9 clause 7i71 ! prim>y     
balance factor %all be adju/$ 9         
accordance ) subp>agraph 7,a77ii74  7#b7
 ,prim>y budget au?ority ,! t]m prim>y  
budget au?ority means all budget        
au?ority except = net int]e/ on ! debt4 
7#c7 ,sp5d+ ceil+ ,! t]m sp5d+ ceil+1 ) 
respect to a fiscal ye>1 means ! maximum
 am\nt ( prim>y budget au?ority = !     

fiscal ye>1 z det]m9$ "u section #ddb4  
7#d7 ,sp5d+ gr[? factor ,! t]m sp5d+    
gr[? factor1 ) respect to a fiscal ye>1 
means ! diff]5ce obta9$ by subtract+--  
7,a7 ! prim>y balance factor = ! fiscal 
ye>2 f  7,b7 ! av]age annual p]c5tage   
gr[? 9 ! gross dome/ic product ( !      
,unit$ ,/ates dur+ ! #e-;fiscal-ye>     
p]iod be=e ! beg9n+ ( ! fiscal ye> be=e 
su* fiscal ye>4  #ddb4 ,e/abli%m5t ( a  
sp5d+ ceil+  7a7 ,9 g5]al ,! maximum    
am\nt ( prim>y budget au?ority = a      
fiscal ye> %all be ! am\nt ( prim>y     
budget au?ority = ! previ\s fiscal ye>  
z-- 7#a7 increas$ by ! sp5d+ gr[?       
factor2 &  7#b7 modifi$ by any adju/m5ts
 "u section #ddd or #dde4  7b7          
,exclusion ( adju/m5ts f basel9e ,9     
det]m9+ ! maximum am\nt ( prim>y budget 
au?ority = a fiscal ye>1 ! am\nt (      
prim>y budget au?ority = ! previ\s      
fiscal ye> %all n include any adju/m5t  
"u p>agraph 7#a7 or 7#c7 ( section #ddd 
or "u section #dde7;c74  7c7            
,det]m9ation  7#a7 ,= congressional     

purposes ,! ,director ( ! ,congressional
 ,budget ,(fice %all-- 7,a7 include 9   
ea* report "u section #bjb7;e77#a7 &    
revision ( su* a report an e/imate ( !  
am\nt ( ! sp5d+ ceil+ 7includ+ factors  
necess>y to produce ! e/imate7 & any    
adju/m5ts "u section #ddd = ! fiscal ye>
 comm5c+ on ,octob] #a ( ! ye> dur+ :i* 
! ,director submits ! report2 &  7,b7   
provide to ! ,committee on ! ,budget ( !
 ,s5ate & ! ,committee on ! ,budget ( ! 
,h\se ( ,repres5tatives updates to !    
e/imate ( ! sp5d+ ceil+ & adju/m5ts1 z  
appropriate4  7#b7 ,= executive bran*   
purposes ,! ,presid5t %all-- 7,a7       
include 9 ea* budget ( ! ,presid5t      
submitt$ "u section #aaje ( title #ca1  
,unit$ ,/ates ,code1 an e/imate by !    
,(fice ( ,managem5t & ,budget ( ! am\nt 
( ! sp5d+ ceil+ & any adju/m5ts "u      
section #ddd = ! fiscal ye> comm5c+ on  
,octob] #a ( ! ye> dur+ :i* ! ,presid5t 
submits ! budget2 &  7,b7 obta9 f !     
,(fice ( ,managem5t & ,budget updates to
 ! e/imate ( ! sp5d+ ceil+ & adju/m5ts1 

z appropriate4  #ddc4 ,use ( ceil+  7a7 
,by ,congress ,:5 consid]+ legislation1 
! ,s5ate & ! ,h\se ( ,repres5tatives    
%all adh]e to ! sp5d+ ceil+1 z det]m9$  
by ! ,director ( ! ,congressional       
,budget ,(fice "u section #ddb7;c77#a7  
7includ+ any adju/m5ts "u section #ddd  
or #dde7;c774  7b7 ,by executive bran*  
,:5 consid]+ proposals ) fiscal         
implications1 ! ,presid5t %all adh]e to 
! sp5d+ ceil+1 z det]m9$ by ! ,director 
( ! ,(fice ( ,managem5t & ,budget "u    
section #ddb7;c77#b7 7includ+ any       
adju/m5ts "u sections #ddd or #dde7;c774
  #ddd4 ,adju/+ ! sp5d+ ceil+ ,:5 adopt+
 a concurr5t resolution on ! budget     
7includ+ a concurr5t resolution on !    
budget describ$ 9 section #cjd71        
,congress may adju/ ! sp5d+ ceil+ z     
det]m9$ "u section #ddb7;c77#a71 & :5   
enact+ a supplem5tal appropriations     
,act1 ,congress may adju/ ! sp5d+ ceil+ 
z det]m9$ "u section #ddb7;c77#b71      
comm5surate )-- 7#a7 appropriations = an
 em]g5cy1 z def9$ 9 section #bej7;c7 ( !

 ,balanc$ ,budget & ,em]g5cy ,deficit   
,control ,act ( #aihe 7#b ,u4,s4,c4     
#ijj7;c772  7#b7 a revision 9 ! e/imate 
( ! gross dome/ic product ( ! ,unit$    
,/ates = any ye> to :i* section         
#dda7d77;,b7 applies2  7#c7 cyclical    
v>iations due to ! diff]5ce betwe5 !    
actual & pot5tial am\nt ( ! gross       
dome/ic product ( ! ,unit$ ,/ates2  7#d7
 tim+ %ifts ( exp5ditures or rev5ues    
due2 or  7#e7 enact$ laws t result 9 a  
*ange 9 rev5ue4  #dde4 ,em]g5cy acc\nt  
adju/m5ts  7a7 ,e/abli%m5t ( em]g5cy    
acc\nt ,! ,director ( ! ,congressional  
,budget ,(fice & ! ,director ( ! ,(fice 
( ,managem5t & ,budget %all ea* ma9ta9  
an em]g5cy acc\nt4  7b7 ,computation    
7#a7 ,9 g5]al ,! am\nt ( ! em]g5cy      
acc\nt %all be-- 7,a7 increas$ by !     
am\nt ( ! adju/m5t made "u section      
#ddd7a72 &  7,b7 decreas$ by ! diff]5ce 
obta9$ by subtract+ ! am\nt ( prim>y    
budget au?ority provid$ = a fiscal ye> f
 ! adju/$ sp5d+ ceil+ 7exclud+ any      
adju/m5t "u section #ddd7a71 & includ+ !

 effect ( adju/m5ts "u section #dde7;c77
 = t fiscal ye>4  7#b7 ,limit ( z]o ,!  
am\nt ( ! em]g5cy acc\nt may n be less  
?an #j4  7c7 ,adju/m5t  7#a7 ,9 g5]al   
,if ! am\nt ( ! em]g5cy acc\nt on ! la/ 
day ( a fiscal ye> has increas$1 z      
comp>$ to ! la/ day ( ! fiscal ye> be=e 
su* fiscal ye>1 ! am\nt ( ! sp5d+ ceil+ 
= ! second fiscal ye> aft] su* fiscal   
ye> & ea* ( ! ensu+ #e fiscal ye>s %all 
be r$uc$ by ! am\nt equal to "o-six? ( !
 am\nt ( ! increase 9 ! em]g5cy acc\nt4 
7#b7 ,modification ( adju/m5t  7,a7 ,=  
congressional purposes ,:5 adopt+ a     
concurr5t resolution on ! budget        
7includ+ a concurr5t resolution on !    
budget describ$ 9 section #cjd71        
,congress may1 = purposes ( apply+ !    
sp5d+ ceil+ 9 ! ,s5ate & ! ,h\se (      
,repres5tatives-- 7i7 r$uce ! am\nt ( ! 
sp5d+ ceil+ by ! am\nt ( ! em]g5cy      
acc\nt ov] a p]iod %ort] ?an #f fiscal  
ye>s2 or  7ii7 9 ! case ( an ongo+      
em]g5cy1 r$uce ! am\nt ( ! sp5d+ ceil+  
by ! am\nt ( ! em]g5cy acc\nt ov] a     

p]iod long] ?an #f fiscal ye>s4  7,b7 ,=
 executive bran* purposes ,:5 enact+ a  
supplem5tal appropriations ,act1        
,congress may1 = purposes ( apply+ !    
sp5d+ ceil+ 9 ! executive bran*-- 7i7   
r$uce ! am\nt ( ! sp5d+ ceil+ by ! am\nt
 ( ! em]g5cy acc\nt ov] a p]iod %ort]   
?an #f fiscal ye>s2 or  7ii7 9 ! case ( 
an ongo+ em]g5cy1 r$uce ! am\nt ( !     
sp5d+ ceil+ by ! am\nt ( ! em]g5cy      
acc\nt ov] a p]iod long] ?an #f fiscal  
ye>s4  4  7b7 ,con=m+ am5dm5t ,! table (
 cont5ts 9 section #a7;b7 ( !           
,congressional ,budget & ,imp\ndm5t     
,control ,act ( #aigd is am5d$ by ins]t+
 aft] ! item relat+ to section #dbh !   
foll[+3  ,,"p ,c--,e/abli%+ responsible 
budget t>gets ,sec4 #dda4 ,def9itions4  
,sec4 #ddb4 ,e/abli%m5t ( a sp5d+ ceil+4
 ,sec4 #ddc4 ,use ( ceil+4 ,sec4 #ddd4  
,adju/+ ! sp5d+ ceil+4 ,sec4 #dde4      
,em]g5cy acc\nt adju/m5ts4  4