Setting forth the congressional budget for the United States Government for fiscal years, 1996, 1997, 1998, 1999, 2000, 2001, and 2002.

Summary

Establishes the budget for FY 1996 and sets forth appropriate budget levels for FY 1997 through 2002. Sets forth recommended budgetary levels for Federal revenues, total new budget authority, total budget outlays, deficits, public debt, and credit activity. (Sec. 3) Establishes the appropriate levels of new budget authority, budget outlays, new direct loan obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for FY 1996 through 2002 for each major functional category. (Sec. 4) Requires the House Budget Committee, after receiving recommendations required from House committees, to report to the House a reconciliation bill carrying out such recommendations without any substantive revision. (Sec. 5) Expresses the sense of the Congress that the asset sale scoring prohibition should be repealed and consideration given to replacing it with a methodology that takes into account the long-term budgetary impact of the sale. (Sec. 6) Requires, for purposes of points of order under the Congressional Budget Act of 1974 and concurrent resolutions on the budget, that discretionary spending limits under that Act (and those limits as cumulatively adjusted) for the current fiscal year and each outyear, allocations to the Committee on Appropriations under that Act, and appropriate budgetary aggregates in the most recently agreed to concurrent resolution on the budget be adjusted to reflect the amounts of additional budget authority or additional outlays reported by the Committees on Appropriations in appropriations Acts for the Internal Revenue Service compliance initiative activities in any fiscal year, but not to exceed specified amounts in new budget authority and in outlays. Provides for revised limits, allocations, and aggregates as well as the reporting of revised suballocations. Requires the Internal Revenue Service and the Department of the Treasury to adhere to the principles of privacy and protection of taxpayer rights. (Sec. 7) Expresses the sense of the Congress that: (1) the baseline budgeting should be replaced with a form of budgeting that requires full justification and analysis of budget proposals and maximizes congressional accounting for public spending; (2) the Congress should study alternative approaches to budgeting emergencies; (3) the Student Loan Marketing Association should be restructured as a private corporation; (4) the Congress should balance the budget and a surplus should be created which can be used to pay off the Federal debt; (5) the Gephardt rule should be repealed and the debt limit set at a level that assures a balanced budget by 2002 or sooner; (6) the cost of a direct loan should be the net present value, at the time the direct loan is disbursed, of specified cash flows for the estimated life of the loan; and (7) a high-level commission should be convened to study the problems associated with the Federal retirement system and make recommendations that will ensure the long-term solvency of the military and civil service retirement funds.

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

Timeline

1. 15 May 1995

   Calendars

   Placed on the Union Calendar, Calendar No. 54.

   Source: Calendars

2. 15 May 1995

   Reported

   The House Committee on The Budget reported an original measure, H. Rept. 104-120, by Mr. Kasich.

   Source: Committee

3. 15 May 1995

   Reported

   The House Committee on The Budget reported an original measure, H. Rept. 104-120, by Mr. Kasich.

   Source: Committee

4. 15 May 1995

   Introduced

   Introduced in House

   Source: IntroReferral

5. 16 May 1995

   Reported

   Rules Committee Resolution H. Res. 149 Reported to House. Rule provides for consideration of H. Con. Res. 67 with 6 hours of general debate. Previous question shall be considered as ordered except motion to recommit. Measure will be considered read. Specified amendments are in order. The amendment printed in the report accompanying this resolution shall be considered as adopted in the House and in the Committee of the Whole. No further amendment to the concurrent resolution shall be in order except those designated in section 2 of this resolution, to be considered in the order and manner specified. All points of order against the amendments shall be waived, except that the adoption of an amendment in the nature of a substitute shall constitute the conclusion of consideration of the Concurrent resolution for amendment. After the conclusion of consideration of the concurrent resolution for amendment there shall be a final ten minute period of general d...

   Source: Floor

6. 17 May 1995

   Floor

   Committee of the Whole House on the state of the Union rises leaving H. Con. Res. 67 as unfinished business. (consideration: CR H5118-5186)

   Source: Floor

7. 17 May 1995

   Floor

   Rule provides for consideration of H. Con. Res. 67 with 6 hours of general debate. Previous question shall be considered as ordered except motion to recommit. Measure will be considered read. Specified amendments are in order. The amendment printed in the report accompanying this resolution shall be considered as adopted in the House and in the Committee of the Whole. No further amendment to the concurrent resolution shall be in order except those designated in section 2 of this resolution, to be considered in the order and manner specified. All points of order against the amendments shall be waived, except that the adoption of an amendment in the nature of a substitute shall constitute the conclusion of consideration of the Concurrent resolution for amendment. After the conclusion of consideration of the concurrent resolution for amendment there shall be a final ten minute period of general d...

   Source: Floor

8. 17 May 1995

   Floor

   Considered under the provisions of rule H. Res. 149.

   Source: Floor

9. 17 May 1995

   Passed

   Rule H. Res. 149 passed House.

   Source: Floor

10. 17 May 1995

    Floor

    The Speaker designated the Honorable F. James Sensenbrenner Jr. to act as Chairman of the Committee.

    Source: Floor

11. 17 May 1995

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 149 and Rule XXIII.

    Source: Floor

12. 18 May 1995

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

13. 18 May 1995

    Vote

    On agreeing to the resolution Agreed to by the Yeas and Nays: 238 - 193 (Roll no. 345).

    Source: Floor

14. 18 May 1995

    Vote

    Passed/agreed to in House: On agreeing to the resolution Agreed to by the Yeas and Nays: 238 - 193 (Roll no. 345).

    Source: Floor

15. 18 May 1995

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

16. 18 May 1995

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H. Con. Res. 67.

    Source: Floor

17. 18 May 1995

    Floor

    DEBATE - Pursuant to the provisions of H. Res. 149, the Committee of the Whole proceeded with one hour of debate on the Gephardt amendment.

    Source: Floor

18. 18 May 1995

    Floor

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

    Source: Floor

19. 18 May 1995

    Floor

    Considered as unfinished business. (consideration: CR H5238-5309)

    Source: Floor

20. 22 May 1995

    Calendars

    Received in the Senate. Placed on Senate Legislative Calendar under General Orders. Calendar No. 115.

    Source: Calendars

21. 25 May 1995

    ResolvingDifferences

    Senate insisted on its amendment, requested a conference. (consideration: CR S7473)

    Source: ResolvingDifferences

22. 25 May 1995

    Floor

    Measure laid before Senate. (consideration: CR S7473)

    Source: Floor

23. 25 May 1995

    Vote

    Passed/agreed to in Senate: Resolution agreed to in Senate in lieu of S.CON.RES. 13 with an amendment by Yea-Nay Vote. 57-42. Record Vote No: 232.

    Source: Floor

24. 7 June 1995

    ResolvingDifferences

    Senate appointed conferees Domenici; Grassley; Nickles; Lott; Brown; Gorton; Gregg; Exon; Hollings; Johnston; Lautenberg; Simon.

    Source: ResolvingDifferences

25. 8 June 1995

    ResolvingDifferences

    Conference held.

    Source: ResolvingDifferences

26. 8 June 1995

    ResolvingDifferences

    Conference committee actions: Conference held.

    Source: ResolvingDifferences

27. 8 June 1995

    ResolvingDifferences

    The Speaker appointed conferees: Kasich, Hobson, Walker, Kolbe, Shays, Herger, Allard, Franks (NJ), Largent, Myrick, Parker, Sabo, Stenholm, Slaughter, Coyne, Mollohan, Costello, Johnston, and Mink.

    Source: ResolvingDifferences

28. 8 June 1995

    Passed

    On motion that the House disagree to the Senate amendment, and agree to a conference Agreed to without objection. (consideration: CR H5702)

    Source: ResolvingDifferences

29. 8 June 1995

    ResolvingDifferences

    The previous question was ordered without objection.

    Source: ResolvingDifferences

30. 8 June 1995

    Floor

    DEBATE - The House proceeded with one hour of debate on the motion to instruct conferees on the part of the House to agree to revenue levels (within the scope of the conference) that exclude the revenue effects of H.R. 1215 (the Contract With America Tax Relief Act), and to insist on the House position regarding the Earned Income Tax Credit.

    Source: Floor

31. 8 June 1995

    ResolvingDifferences

    Mr. Sabo moved that the House instruct conferees.

    Source: ResolvingDifferences

32. 8 June 1995

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

33. 8 June 1995

    ResolvingDifferences

    Mr. Kasich asked unanimous consent that the House disagree to the Senate amendment, and agree to a conference. (consideration: CR H5702)

    Source: ResolvingDifferences

34. 8 June 1995

    Floor

    Message on Senate action sent to the House.

    Source: Floor

35. 26 June 1995

    Passed

    Conferees agreed to file conference report.

    Source: ResolvingDifferences

36. 26 June 1995

    ResolvingDifferences

    Conference report H. Rept. 104-159 filed. Filed late, pursuant to previous special order. (text of conference report: CR H6273-6304)

    Source: ResolvingDifferences

37. 26 June 1995

    ResolvingDifferences

    Conference report filed: Conference report H. Rept. 104-159 filed. Filed late, pursuant to previous special order.(text of conference report: CR H6273-6304)

    Source: ResolvingDifferences

38. 26 June 1995

    Passed

    Mr. Rohrabacher asked unanimous consent that managers on the part of the House have until midnight on June 26 to file a conference report on H. Con. Res. 67. Agreed to without objection.

    Source: Committee

39. 26 June 1995

    Passed

    Conference committee actions: Conferees agreed to file conference report.

    Source: ResolvingDifferences

40. 28 June 1995

    ResolvingDifferences

    Conference papers: Senate report and managers' statement held at the desk in Senate. (consideration: CR S9236-9260, S9296-9304)

    Source: ResolvingDifferences

41. 29 June 1995

    ResolvingDifferences

    Mr. Sabo moved to reconsider the vote.

    Source: ResolvingDifferences

42. 29 June 1995

    Floor

    DEBATE - Pursuant to the provisions of H. Res. 175, the House proceeded with one hour of debate on the conference report.

    Source: Floor

43. 29 June 1995

    Floor

    Message on Senate action sent to the House.

    Source: Floor

44. 29 June 1995

    ResolvingDifferences

    Conference papers: message on House action held at the desk in Senate.

    Source: ResolvingDifferences

45. 29 June 1995

    Vote

    Conference report agreed to in Senate: Senate agreed to conference report by Yea-Nay Vote. 54-46. Record Vote No: 296.

    Source: ResolvingDifferences

46. 29 June 1995

    Vote

    On agreeing to the conference report Agreed to by the Yeas and Nays: 239 - 194 (Roll no. 458).

    Source: ResolvingDifferences

47. 29 June 1995

    Passed

    Motions to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

48. 29 June 1995

    Vote

    Conference report agreed to in House: On agreeing to the conference report Agreed to by the Yeas and Nays: 239 - 194 (Roll no. 458).

    Source: ResolvingDifferences

49. 29 June 1995

    Vote

    On motion to table the motion to reconsider the vote Agreed to by recorded vote: 236 - 191 (Roll no. 457).

    Source: ResolvingDifferences

50. 29 June 1995

    ResolvingDifferences

    Mr. Walker moved to table the motion to reconsider the vote

    Source: ResolvingDifferences

51. 29 June 1995

    Vote

    On ordering the previous question Agreed to by recorded vote: 242 - 190 (Roll no. 456).

    Source: ResolvingDifferences

52. 29 June 1995

    ResolvingDifferences

    Mr. Kasich brought up conference report H. Rept. 104-159 for consideration under the provisions of H. Res. 175.

    Source: ResolvingDifferences

53. 29 June 1995

    Passed

    Rule H. Res. 175 passed House.

    Source: Floor

54. 29 June 1995

    Reported

    Rules Committee Resolution H. Res. 175 Reported to House. Rule provides for consideration of the conference report to H. Con. Res. 67 with 1 hour of general debate. The resolution waives all points of order against the conference report and against its consideration. Upon adoption of the resolution, the provisions contained in Section 2 of said resolution, pertaining to compliance with the reconciliation directions of the Congressional Budget office, shall be considered as having been adopted.

    Source: Floor

Votes

Versions

• Enrolled Bill · 29 June 1995 · Download file
• Engrossed Amendment Senate · 25 May 1995 · Download file
• Placed on Calendar Senate · 22 May 1995 · Download file
• Engrossed in House · 18 May 1995 · Download file
• Reported in House · 15 May 1995 · Download file

Documents

14 official files

• Enrolled Bill (text)

  Enrolled Bill · EN · 29 June 1995

  ViewDownloadOpen at official source

• Enrolled Bill (PDF)

  Enrolled Bill · EN · 29 June 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Conference report filed in House

  summary · EN · 26 June 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Engrossed Amendment Senate (text)

  Engrossed Amendment Senate · EN · 25 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Engrossed Amendment Senate (PDF)

  Engrossed Amendment Senate · EN · 25 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Passed Senate amended

  summary · EN · 25 May 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 22 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 22 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Engrossed in House (text)

  Engrossed in House · EN · 18 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Engrossed in House (PDF)

  Engrossed in House · EN · 18 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Passed House amended

  summary · EN · 18 May 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Reported in House (text)

  Reported in House · EN · 15 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Reported in House (PDF)

  Reported in House · EN · 15 May 1995

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 15 May 1995

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Kasich, John R. [R-OH-12] · R · Sponsor
• · hsbu00 · Standing

Related records

• related to ← Providing for consideration of the concurrent resolution (H. Con. Res. 67) setting forth the congressional budget for the United States Government for the fiscal years 1996, 1997, 1998, 1999, 2000, 2001, and 2002.
• related to ← Waiving points of order against the conference report to accompany the concurrent resolution (H. Con. Res. 67) setting forth the congressional budget for the United States Government for fiscal years, 1996, 1997, 1998, 1999, 2000, 2001, and 2002.
• related to ← An original concurrent resolution setting forth the congressional budget for the United States Government for the fiscal years 1996, 1997, 1998, 1999, 2000, 2001, and 2002.
• amends ← An amendment in the nature of a substitute to replace the language of the resolution with the text of H. Con. Res. 66, which would provide for a balanced budget in 5 years, two years sooner than that provided for in the resolution, and provides for paying off the national debt by the year 2025. The amendment would spend $563 billion less over seven years than the resolution, while retaining the tax cut provisions of the resolution.
• amends ← An amendment printed in the report accompanying H. Res. 149 and, pursuant to H. Res. 149, considered as adopted in the House and in the Committee of the Whole.
• amends ← An amendment in the nature of a substitute (printed in the Congressional Record of May 16) to achieve a balanced budget by FY 2000 without implementing any tax cuts. The substitute would cut domestic spending by $207.6 billion less than the resolution, cutting Medicare by $114 billion less than the resolution; Medicaid by $50 billion less; and $12.9 billion less in cuts to farm programs. Domestic discretionary spending would be cut by $60 billion less than the resolution and the substitute would spend $35 billion more in education and training, $11 billion more in health programs, and $6 billion more for community and regional development. The substitute would spend approximately $60 billion less over seven years than recommended in the resolution.
• amends ← An amendment in the nature of a substitute (printed in the Congressional Record of May 16) that would achieve a balanced budget by FY 2002 by reducing spending by $518 billion and increasing taxes by $583 billion over seven years.