An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2008 and including the appropriate budgetary levels for fiscal years 2007 and 2009 through 2012.

Summary

Sets forth the congressional budget for the federal government for FY2008, including the appropriate budgetary levels for FY2007 and FY2009-FY2012. Lists recommended budgetary levels and amounts, for FY2007-FY2012, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) public debt; and (6) debt held by the public. Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security and specified major functional categories for FY2007-FY2012. Makes it out of order to consider in the Senate any: (1) direct spending or revenue legislation increasing the on-budget deficit or causing an on-budget deficit for any one of specified applicable time periods; (2) reconciliation legislation increasing the deficit or reducing a surplus; or (3) legislation increasing long-term deficits. Continues the supermajority enforcement requirements of the Congressional Budget Act of 1974 as a Senate rule through FY2017. Prohibits Senate legislation that would: (1) require advanced appropriations, with a specified exception; or (2) cause the discretionary spending limits in this resolution to be exceeded. Establishes specified discretionary spending limits in the Senate. Provides for adjustments to discretionary spending limits, budgetary aggregates, and allocations for: (1) continuing disability reviews and Supplemental Security Income (SSI) redeterminations for the Social Security Administration (SSA); (2) Internal Revenue Service (IRS) tax enforcement; (3) health care fraud and abuse control; (4) unemployment insurance improper payments reviews; (5) wildland fire suppression; (6) costs of the global war on terror; and (7) training, equipment, or other matters necessary for the protection of U.S. forces in the global war on terrorism, or activities addressing deficiencies in Walter Reed Army Medical Center and other military medical system facilities. Makes it out of order for the Senate to consider direct spending or revenue legislation that would increase the on-budget deficit in any fiscal year until the President submits to Congress and Congress enacts legislation which would restore 75-year solvency to the Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds as certified by the SSA actuaries. Provides for certain deficit-neutral reserve funds for legislation concerning: (1) reauthorization of the State Children's Health Insurance Program (SCHIP); (2) care of wounded service members; (3) tax relief; (4) comparative effectiveness research; (5) higher education; (6) the farm bill; (7) energy legislation; (8) Medicare; (9) small business health insurance; (10) reauthorization of the Secure Rural Schools and Community Self-Determination Act of 2000; (11) reauthorization of terrorism risk insurance; (12) affordable housing; (13) receipts from Bonneville Power Administration; (14) Indian claims settlement; (15) the Food and Drug Administration (FDA); (16) health care enhancement; (17) veterans' benefits enhancement; (18) long-term care improvement; (19) health information technology; (20) child care; (21) comprehensive immigration reform; and (22) mental health parity.

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Documents

13 official files

• Enrolled Bill (text)

  Enrolled Bill · EN

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• Enrolled Bill (PDF)

  Enrolled Bill · EN

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• Conference report filed in House

  summary · EN · 16 May 2007

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• Engrossed Amendment House (text)

  Engrossed Amendment House · EN · 8 May 2007

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• Engrossed Amendment House (PDF)

  Engrossed Amendment House · EN · 8 May 2007

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• Passed House amended

  summary · EN · 8 May 2007

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• Engrossed in Senate (text)

  Engrossed in Senate · EN · 23 March 2007

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• Engrossed in Senate (PDF)

  Engrossed in Senate · EN · 23 March 2007

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• Passed Senate amended

  summary · EN · 23 March 2007

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• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 16 March 2007

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• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 16 March 2007

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• Reported to Senate without amendment

  summary · EN · 16 March 2007

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• Introduced in Senate

  summary · EN · 16 March 2007

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