Establishing the congressional budget for the United States Government for fiscal year 1997 and setting forth appropriate budgetary levels for fiscal years 1998, 1999, 2000, 2001, and 2002.

Establishes the budget for FY 1997 and sets forth appropriate budget levels for FY 1998 through 2002.

(Sec. 2) Sets forth recommended budgetary levels for Federal revenues, total new budget authority, total budget outlays, deficits, public debt, direct loan obligations, and primary loan guarantee commitments.

(Sec. 3) Sets the appropriate levels of new budget authority, budget outlays, new direct loan obligations, and new primary loan guarantee commitments for FY 1996 through 2002 for each major functional category.

(Sec. 4) Expresses the sense of the House of Representatives with respect to social security, debt repayment, the consumer price index, the budget process, Government shutdowns and funding lapses, and congressional pensions.