A resolution entitled "Deficit Reduction: A Call for Debate."

Declares that the Senate calls upon: (1) public officials and candidates for public office to make proposals and engage in extensive and substantive discussion on reducing the deficit; (2) the candidates for President to agree to a formal discussion that focuses entirely on the Federal budget deficit and its implications and solutions; and (3) all candidates for office to affirm their support for this statement of principles and to resolve, in the course of their campaigns, to seek a mandate from the electorate with which they can effectively address the Federal budget deficit if elected.