,,iv  #aai? ,,congress  #b;d ,session   
,h4 ,,res4 #iha  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,janu>y #g1 #bjbf,mr4 
,huiz5ga 7= himself1 ,mr4 ,pet]s1 ,mr4  
,smuck]1 ,mr4 ,quigley1 ,mr4 ,arr+ton1  
,mr4 ,case1 ,mr4 ,womack1 ,mr4 ,panetta1
 ,mrs4 ,h\*91 ,ms4 ,p]ez1 ,mr4 ,moore ( 
,utah1 ,ms4 ,h\lahan1 ,mr4 ,johnson (   
,s\? ,dakota1 ,mr4 ,gold5 ( ,ma9e1 &    
,mr4 ,e/es7 submitt$ ! foll[+           
resolution2 :i* 0 ref]r$ to ! ,committee
 on ! ,budget1 & 9 addition to !        
,committees on ,ways & ,means1 & ,rules1
 = a p]iod to be subsequ5tly det]m9$ by 
! ,speak]1 9 ea* case = consid]ation (  
su* provisions z fall )9 ! jurisdiction 
( ! committee conc]n$  ,,resolution     
,express+ ! s5se ( ! ,h\se (            
,repres5tatives t ! ,unit$ ,/ates %\ld  
r$uce & ma9ta9 ! ,f$]al unifi$ budget   
deficit at or bel[ #c p]c5t ( gross     
dome/ic product4  ,:]eas r$uc+ annual   
deficits to #c p]c5t ( gross dome/ic    
product has attract$ bip>tisan support z
 a t>get to /abilize ! national debt2   

,:]eas ! budget deficit 0               
#a1hjj1jjj1jjj1jjj = fiscal ye> #bjbe1  
or r\ghly #f p]c5t ( gross dome/ic      
product 7,,gdp71 ev5 9 ! abs5ce ( major 
new em]g5cy sp5d+2 ,:]eas ! national    
debt held by ! public n[ /&s at ne>ly   
#ca1jjj1jjj1jjj1jjj2 ,:]eas int]e/      
paym5ts on ! national debt are n[       
project$ to total m ?an                 
#a1jjj1jjj1jjj1jjj1 ! highe/ level 9    
,am]ican hi/ory & m ?an total def5se    
sp5d+2 ,:]eas ! ris+ deficits & debt    
repres5t a ?reat to national security1  
economic gr[?1 & future g5]ations2      
,:]eas ris+ deficits also ?reat5 to     
increase int]e/ rates & ! co/ ( liv+1   
r$uce ! gov]nm5t's flexibility to       
respond to fiscal em]g5cies1 & create   
risks ( a fiscal crisis2 ,:]eas ! ,f$]al
 budget ran a sub-#c p]c5t              
deficit-to-,,gdp 9 #aihi1 #aiid1 #aiie1 
#aiif1 #aiig1 #bjjb1 #bjje1 #bjjf1      
#bjjg1 #bjad1 & #bjae2 ,:]eas ! ,f$]al  
,gov]nm5t ran a surplus 9 #aiih1 #aiii1 
#bjjj1 & #bjja2 ,:]eas deficit r$uction 

is be/ a*iev$ :5 aim+ t[>d a manageable1
 mean+ful t>get2 & ,:]eas ,congress has 
a bip>tisan responsibility to enact     
fiscal policies t promote long-t]m      
economic gr[? & to safegu>d future      
g5]ations1 & to be ready = future       
em]g5cies3 ,n[1 !re=e1 be x ,t x is !   
s5se ( ! ,h\se ( ,repres5tatives t--    
7#a7 ,congress %\ld adopt a fiscal t>get
 to r$uce ! ,f$]al budget deficit to #c 
p]c5t ( gross dome/ic product 79 ?is    
resolution ref]r$ to z ! t>get7 or less 
z soon z possible & no lat] ?an ! end ( 
fiscal ye> #bjcj2  7#b7 foll[+ !        
a*ievem5t ( ! t>get1 ,congress %\ld     
cont9ue to pursue fur!r deficit r$uction
 ) ! goal ( a*iev+ a balanc$ ,f$]al     
budget2  7#c7 ! ,presid5t %\ld submit   
budgets design$ to create a pa? to meet 
& su/a9 ! t>get2  7#d7 ! congressional  
budget resolution %\ld set allocations  
consi/5t ) meet+ ! t>get on s*$ule2     
7#e7 ! ,h\se ,committee on ! ,budget    
%\ld1 )9 #ahj days1 recomm5d en=cem5t   
options = consid]ation1 :i* may include 

po9ts ( ord] & a back/op me*anism = :5 !
 t>get is n project$ to be met2  7#f7 ! 
,h\se ,committee on ,rules %\ld1 )9 #ahj
 days1 recomm5d *anges to ! ,h\se rules 
to ensure t ! t>get c be met1 includ+   
ensur+ t ,h\se rules = budget en=cem5t  
are difficult to waive1 & t en=cem5t ( !
 ,/atutory ,pay-,z-,y-,g ,act ( #bjaj is
 difficult to waive2  7#g7 !            
,congressional ,budget ,(fice %\ld      
include /atem5ts )9 its co/ e/imates =  
major legislation t demon/rate h[ !     
legislation affects consi/5cy t[>d !    
t>get "u a curr5t law basel9e2  7#h7 !  
,jo9t ,committee on ,taxation is        
enc\rag$ to provide supplem5tal analysis
 ( :e!r major legislation advances or   
imp$es progress t[>d ! t>get2 &  7#i7   
ef=ts to meet ! t>get %\ld exam9e *anges
 to address curr5t levels & ! gr[? (    
discretion>y appropriations1 direct     
sp5d+1 & rev5ues & ! gap betwe5 curr5t  
rev5ues & exp5ditures ( ! ,f$]al        
,gov]nm5t t avoid tim+ %ifts1           
reclassifications1 or o!r budget>y      

gimmicks4