To establish a deficit-neutral reserve fund to address our Nations long term fiscal problems.

SA 835. Mr. GREGG (for himself, Mr. McConnell, Mr. Voinovich, Mr.
Alexander, Mr. Martinez, Mr. Enzi, Mr. Lieberman, and Mr. Isakson)
proposed an amendment to the concurrent resolution S. Con. Res. 13,
setting forth the congressional budget for the United States Government
for fiscal year 2010, revising the appropriate budgetary levels for
fiscal year 2009, and setting forth the appropriate budgetary levels
for fiscal years 2011 through 2014; as follows:

On page 49, between lines 3 and 4, insert the following:

SEC. ___. DEFICIT-NEUTRAL RESERVE FUND TO ADDRESS OUR NATIONS
LONG TERM FISCAL PROBLEMS.

The Chairman of the Senate Committee on the Budget may
revise the allocations of a committee or committees,
aggregates, and other appropriate levels and limits in this
resolution for one or more bills, joint resolutions,
amendments, motions, or conference

[[Page S4206]]

reports that would authorize the creation of a bipartisan
task force to examine the long term fiscal imbalances facing
our Nation and directs the bipartisan task force to report,
with the majority approval of each participating party,
legislative recommendations to address those imbalances, and
provides legislative fast track procedures to ensure a vote
on the legislative recommendations, by the amount provided in
that legislation for those purposes, provided that such
legislation would not increase the deficit over either the
period of the total of fiscal years 2009 through 2014 or the
period of the total of fiscal years 2009 through 2019.
______