A concurrent resolution revising the congressional budget for the United States Government for the fiscal year 1984 and setting forth the congressional budget for the United States Government for the fiscal years 1985, 1986, and 1987.

Summary

Revises the concurrent resolution on the budget for FY 1984 and sets forth the first concurrent resolution on the budget for FY 1985 and the appropriate budgetary levels for FY 1986 and 1987. Recommends levels of Federal revenues of $664,900,000,000 for FY 1984, $742,700,000,000 for FY 1985, $812,550,000,000 for FY 1986, and $885,950,000,000 for FY 1987. Sets the amount by which the aggregate levels of Federal revenues should be changed at $1,900,000,000 for FY 1984, $9,700,000,000 for FY 1985, $17,650,000,000 for FY 1986, and $22,450,000,000 for FY 1987. Sets the appropriate levels of total new budget authority at $915,500,000,000 for FY 1984, $1,002,100,000,000 for FY 1985, $1,087,950,000,000 for FY 1986, and $1,179,250,000,000 for FY 1987. States that the appropriate levels of total budget outlays are $853,900,000,000 for FY 1984, $918,150,000,000 for FY 1985, $984,850,000,000 for FY 1986, and $1,067,950,000,000 for FY 1987. Sets the amount of deficits in the budget which are appropriate in light of economic conditions and all other relevant factors at $189,000,000,000 for FY 1984, $175,450,000,000 for FY 1985, $172,300,000,000 for FY 1986, and $182,000,000,000 for FY 1987. States that the appropriate levels of public debt are $1,595,800,000,000 for FY 1984, $1,834,200,000,000 for FY 1985, $2,081,250,000,000 for FY 1986, and $2,347,250,000,000 for FY 1987. Sets the amounts by which the temporary statutory limits on such debt should be accordingly increased at $105,800,000,000 for FY 1984, $238,400,000,000 for FY 1985, $247,050,000,000 for FY 1986, and $266,000,000,000 for FY 1987. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $37,600,000,000 for new direct loan obligations, $105,150,000,000 for new primary loan guarantee commitments, and $68,250,000,000 for new secondary loan guarantee commitments for FY 1984; (2) $37,500,000,000 for new direct loan obligations, $111,150,000,000 for new primary loan guarantee commitments, and $68,250,000,000 for new secondary loan guarantee commitments for FY 1985; (3) $39,950,000,000 for new direct loan obligations, $117,400,000,000 for new primary loan guarantee commitments, and $68,250,000,000 for new secondary loan guarantee commitments for FY 1986; and (4) $40,450,000,000 for new direct loan obligations, $123,150,000,000 for new primary loan guarantee commitments, and $68,250,000,000 for new secondary loan guarantee commitments for FY 1987. Sets forth the levels of new budget authority and budget outlays and the primary and secondary loan guarantee commitments for each major functional category for FY 1984 through 1987. Requires specified House committees to report changes in laws within their respective jurisdictions sufficient to decrease budget authority and outlays in FY 1985 through 1987 in amounts consistent with reductions in entitlement programs assumed in this resolution and to increase revenues in FY 1985 through 1987 in amounts consistent with the assumptions in this resolution. Sets forth the date by which such committees must submit their recommendations to the House Committee on the Budget. Requires the Budget Committee to then report to the House a reconciliation bill incorporating all such recommendations without any substantive revision. Declares that for FY 1985 through 1987 any revenues raised by legislation enacted on or after March 15, 1984, shall only be used to reduce the Federal budget deficits for such fiscal years except to the extent that such legislation earmarks all or any part of such revenues for specific spending programs. Makes funding for specific low-income programs appropriate if the authorizations for such programs are enacted and if sufficient revenues or outlay reductions are also enacted to ensure that the legislation is deficit neutral. Declares that it is the sense of the Congress: (1) that the Executive Branch achieve at least $2,000,000,000 in savings over FY 1985 through 1987 by implementing those recommendations of the President's Private Sector Survey on Cost Control requiring administrative action within that branch of Government; and (2) that the President report to Congress each year on the progress made in achieving such savings. Declares that if Congress has not completed action by the start of FY 1985 on the second concurrent resolution on the budget for FY 1985, then this concurrent resolution shall be deemed to be the concurrent resolution required under the Budget Act. States that such a result shall not apply to bills, resolutions, amendments, or conference reports in the jurisdiction of a committee if the enactment of such a measure would not cause the appropriate allocation of new discretionary budget authority or new spending authority for FY 1985 to be exceeded. Provides that specified new discretionary budget authority or new spending authority contained in a bill, resolution, amendment, or conference report shall be disregarded if the budget authority for outlays which will result is derived from certain trust funds. Makes it out of order in the House to consider any bill, resolution, or amendment providing new budget authority, spending authority, direct loan authority, primary loan guarantee authority, or secondary loan guarantee authority for FY 1985 unless and until the committee with jurisdiction makes the allocation or subdivisions required by the Congressional Budget Act in connection with the most recently agreed to concurrent resolution on the budget. Declares that such prohibition shall not apply until 21 days of continuous session after Congress completes action on this concurrent resolution.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 March 1984

   Introduced

   Referred to House Committee on The Budget.

   Source: IntroReferral

2. 30 March 1984

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 March 1984

   Introduced

   Introduced in House

   Source: IntroReferral

4. 3 April 1984

   Reported

   Rules Committee Resolution H.Res.476 Reported to House.

   Source: Floor

5. 3 April 1984

   Floor

   Committee on Rules Granted a Modified Open Rule Providing Three Hours of General Debate; Making in Order the Text of H.Con.Res.281 and H.Con.Res.280 as Amendments in the Nature of a Substitute; Also Making in Order Certain Amendments Printed in the Congressional Record of Apr 3, 84, if Offered.

   Source: Floor

6. 4 April 1984

   Floor

   Called up by House by Rule.

   Source: Floor

7. 4 April 1984

   Passed

   Rule Passed House.

   Source: Floor

8. 5 April 1984

   Vote

   Resolution Agreed to in House by Yea-Nay Vote: 250 - 168 (Record Vote No: 74).

   Source: Floor

9. 5 April 1984

   Vote

   Passed/agreed to in House: Resolution Agreed to in House by Yea-Nay Vote: 250 - 168 (Record Vote No: 74).

   Source: Floor

10. 9 April 1984

    Introduced

    Received in the Senate and referred to the Committee on Budget.

    Source: IntroReferral

11. 18 April 1984

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 780.

    Source: Calendars

12. 18 April 1984

    Discharge

    Senate Committee on Budget discharged. Pursuant to the provisions of the Budget Act.

    Source: Discharge

13. 18 April 1984

    Committee

    Senate Committee on Budget discharged. Pursuant to the provisions of the Budget Act.

    Source: Committee

14. 18 May 1984

    ResolvingDifferences

    Senate insists on its amendments, asks for a conference, appoints conferees Domenici; Armstrong; Kassebaum; Boschwitz; Tower; Chiles; Johnston; Hollings; Sasser.

    Source: ResolvingDifferences

15. 18 May 1984

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

16. 18 May 1984

    Vote

    Passed/agreed to in Senate: Resolution agreed to in Senate in lieu of S.CON.RES. 106 with an amendment by Yea-Nay Vote. 41-34. Record Vote No: 103.

    Source: Floor

17. 7 June 1984

    Passed

    House Disagreed to Senate Amendments by Unanimous Consent.

    Source: ResolvingDifferences

18. 7 June 1984

    Passed

    Resolving differences -- House actions: House Disagreed to Senate Amendments by Unanimous Consent.

    Source: NotUsed

19. 7 June 1984

    Passed

    House Agreed to Request for Conference and Speaker Appointed Conferees: Jones (OK), Wright, Solarz, Ferraro, Aspin, Hefner, Downey, Lowry (WA), Miller (CA), Gray, Wolpe, Frost, Fazio, Latta, Shuster, Frenzel, Kemp, Bethune, Gramm, Fiedler.

    Source: ResolvingDifferences

20. 26 June 1984

    ResolvingDifferences

    Conference held.

    Source: ResolvingDifferences

21. 26 June 1984

    ResolvingDifferences

    Conference committee actions: Conference held.

    Source: ResolvingDifferences

22. 27 June 1984

    ResolvingDifferences

    Conference held.

    Source: ResolvingDifferences

23. 27 June 1984

    ResolvingDifferences

    Conference committee actions: Conference held.

    Source: ResolvingDifferences

24. 9 August 1984

    ResolvingDifferences

    Conference held.

    Source: ResolvingDifferences

25. 9 August 1984

    ResolvingDifferences

    Conference committee actions: Conference held.

    Source: ResolvingDifferences

26. 25 September 1984

    Passed

    Conferees agreed to file conference report in disagreement.

    Source: ResolvingDifferences

27. 25 September 1984

    Passed

    Conference committee actions: Conferees agreed to file conference report in disagreement.

    Source: ResolvingDifferences

28. 25 September 1984

    ResolvingDifferences

    Conference report filed: Conference Report 98-1079 Filed in House.

    Source: ResolvingDifferences

29. 25 September 1984

    ResolvingDifferences

    Conference Report 98-1079 Filed in House.

    Source: ResolvingDifferences

30. 26 September 1984

    NotUsed

    Resolving differences -- Senate actions: Senate receded from its amendment and concurred in the resolution with a further amendment (SP 4845) by Voice Vote.

    Source: NotUsed

31. 26 September 1984

    Passed

    Conference report agreed to in Senate: Senate agreed to conference report by Voice Vote.

    Source: ResolvingDifferences

32. 26 September 1984

    ResolvingDifferences

    Conference report considered in Senate. By Unanimous Consent.

    Source: ResolvingDifferences

33. 1 October 1984

    Vote

    House Agreed to Senate Amendments by Yea-Nay Vote: 232 - 162 (Record Vote No: 425).

    Source: ResolvingDifferences

34. 1 October 1984

    Vote

    Resolving differences -- House actions: House Agreed to Senate Amendments by Yea-Nay Vote: 232 - 162 (Record Vote No: 425).

    Source: NotUsed

Votes

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Conference report filed in House

  summary · EN · 25 September 1984

  Open at official source

• Passed Senate amended

  summary · EN · 18 May 1984

  Open at official source

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• Introduced in House

  summary · EN · 30 March 1984

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Sponsors

• Rep. Jones, James R. [D-OK-1] · D · Sponsor
• · ssbu00 · Standing
• · hsbu00 · Standing

Related records

• related to ← A resolution providing for the consideration of the concurrent resolution (H. Con. Res. 280) revising the congressional budget for the United States Government for the fiscal year 1984 and setting forth the congressional budget for the United States Government for the fiscal years 1985, 1986, and 1987.
• related to ← An original concurrent resolution setting forth the congressional budget for the United States Government for the fiscal years 1985, 1986, and 1987 and revising the congressional budget for the United States Government for the fiscal year 1984.
• amends ← A substitute amendment that reduces the deficit by 225 billion dollars over three years by cutting domestic spending 53 billion dollars and raising revenues 70 billion dollars. It increases defense spending 153 billion dollars over FY'84 services levels. It reduces cost of living adjustments for Social Security and other retirement programs by 2 percent, reduces income tax indexing by 2 percent, and imposes a three year freeze on nondefense discretionary spending.
• amends ← A substitute amendment that reduces the deficit by $206 billion over three years by cutting domestic spending $136 billion and raising revenues $7 billion. It increases defense spending $188 billion above the FY 1984 levels. The domestic spending cuts are largely based upon Grace Commission recommendations, with $45 billion to come from sale of Federal loan portfolios to private investors.
• amends ← A substitute amendment consisting of President Reagan's budget request submitted in February. It reduces the deficit $86 billion over three years by cutting domestic spending $39 billion and increasing revenues $35 billion. It increases defense spending $238 billion over the FY'84 level.
• amends ← A substitute amendment reducing the deficit by $324 billion over three years by cutting defense spending $203 billion below the President's budget and by increasing revenues $181 billion. It increases domestic spending by $97 billion. It calls for reclaiming some tax cuts granted earlier to higher income households and for new tax cuts for lower-income families. It also calls for elimination of several weapons systems.
• amends ← A substitute amendment reducing the deficit by $205 billion over three years by cutting domestic spending $94 billion and raising revenues $47 billion. It increases defense spending $188 billion over FY 1984. It assumes a savings of $28 billion from implementing various Grace Commission recommendations and includes a three year freeze on nondefense spending.
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Showing 8 of 10 related records.