[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 851 Placed on Calendar Senate (PCS)]
Calendar No. 83
109th CONGRESS
1st Session
S. 851
To reduce budget deficits by restoring budget enforcement and
strengthening fiscal responsibility.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
April 19, 2005
Mr. Conrad (for himself, Mr. Reid, Mr. Feingold, Ms. Mikulski, Ms.
Stabenow, Mr. Inouye, Mr. Leahy, Mr. Salazar, Mr. Rockefeller, Mr.
Schumer, Mrs. Feinstein, Mr. Dayton, Mr. Dodd, Mrs. Clinton, Mrs.
Boxer, Mr. Dorgan, Mr. Kohl, Mr. Levin, and Mr. Nelson of Florida)
introduced the following bill; which was read the first time
April 20, 2005
Read the second time and placed on the calendar
_______________________________________________________________________
A BILL
To reduce budget deficits by restoring budget enforcement and
strengthening fiscal responsibility.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Fiscal Responsibility for a Sound
Future Act''.
SEC. 2. EXTENSION OF THE DISCRETIONARY SPENDING CAPS.
(a) In General.--Section 251(c) of the Balanced Budget and
Emergency Deficit Control Act of 1985 (2 U.S.C. 901(c)) is amended to
read as follows:
``(c) Discretionary Spending Limit.--As used in this part, the term
`discretionary spending limit' means, with respect to fiscal year
2005--
``(1) for the discretionary category: $836,268,000,000 in
new budget authority and $895,966,000,000 in outlays;
``(2) for the highway category: $31,761,000,000 in outlays;
and
``(3) for the mass transit category: $956,000,000 in new
budget authority and $6,748,000,000 in outlays;
as adjusted in strict conformance with subsection (b).''.
(b) Commitment of the Senate.--Congress should enact a limit on
total discretionary spending for fiscal year 2006.
SEC. 3. EXTENSION OF PAY-AS-YOU-GO REQUIREMENT.
Section 252 of the Balanced Budget and Emergency Deficit Control
Act of 1985 is amended--
(1) in subsection (a), by striking ``enacted before October
1, 2002''; and
(2) in subsection (b), by striking ``enacted before October
1, 2002,''.
SEC. 4. EXTENSION OF BUDGET ENFORCEMENT THROUGH 2015.
Section 275 of the Balanced Budget and Emergency Deficit Control
Act of 1985 (2 U.S.C. 900 note) is amended by adding at the end the
following:
``(d) Reenactment.--Part C of this title is reenacted into law
effective for fiscal year 2005. Part C shall expire at the end of
fiscal year 2015.''.
SEC. 5. RECONCILIATION FOR DEFICIT REDUCTION IN THE SENATE.
(a) In General.--It shall not be in order in the Senate to consider
under the expedited procedures applicable to reconciliation in sections
305 and 310 of the Congressional Budget Act of 1974 any bill,
resolution, amendment, amendment between Houses, motion, or conference
report that increases the deficit in the first fiscal year covered by
the most recently adopted concurrent resolution on the budget, the
period of the first 5 fiscal years covered by the most recently adopted
concurrent resolution on the budget, or the period of the 5 fiscal
years following the first 5 fiscal years covered by the most recently
adopted concurrent resolution on the budget.
(b) Budget Resolution.--It shall not be in order in the Senate to
consider pursuant to sections 301, 305, or 310 of the Congressional
Budget Act of 1974 pertaining to concurrent resolutions on the budget
any resolution, concurrent resolution, amendment, amendment between the
Houses, motion, or conference report that contains any reconciliation
directive that would increase the deficit in the first fiscal year
covered by the most recently adopted concurrent resolution on the
budget, the period of the first 5 fiscal years covered by the most
recently adopted concurrent resolution on the budget, or the period of
the 5 fiscal years following the first 5 fiscal years covered by the
most recently adopted concurrent resolution on the budget.
(c) Supermajority Waiver and Appeal.--This section may be waived or
suspended in the Senate only by an affirmative vote of \3/5\ of the
Members, duly chosen and sworn. An affirmative vote of \3/5\ of the
Members of the Senate, duly chosen and sworn, shall be required in the
Senate to sustain an appeal of the ruling of the Chair on a point of
order raised under this section.
SEC. 6. SENATE PAYGO RULE.
(a) In General.--Section 505(a)(5)(A) of H. Con. Res. 95 (108th
Congress) is amended by striking ``as adjusted for any changes in
revenues or direct spending assumed by such resolution''.
(b) Expiration Date.--Section 505(e) of H. Con. Res. 95 (108th
Congress) is amended by striking ``2008'' and inserting ``2015''.
Calendar No. 83
109th CONGRESS
1st Session
S. 851
_______________________________________________________________________
A BILL
To reduce budget deficits by restoring budget enforcement and
strengthening fiscal responsibility.
_______________________________________________________________________
April 20, 2005
Read the second time and placed on the calendar