To revise the discretionary spending limits for fiscal year 2002 set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 and to make conforming changes respecting the appropriate section 302(a) allocation for fiscal year 2002 established pursuant to the concurrent resolution on the budget for fiscal year 2002, and for other purposes.
Requires the President's FY 2003 budget submission to identify emergency-designated funding which was enacted in response to the events of September 11,2001, and is ongoing and recurring in nature.
Title II: Adjustments to the Concurrent Resolution on the Budget for Fiscal Year 2002 - Adjusts figures within the concurrent resolution on the budget for FY 2002 with regard to: (1) total new budget authority; (2) total budget outlays; (3) the surplus; (4) the public debt; (5) net interest; and (6) allowances. Requires the chairmen of the budget committees of each House to: (1) make the necessary conforming changes for FY 2003 through 2011 in each of such areas; and (2) make appropriate adjustments in the allocations to their respective Committees on Appropriations.
Title III: Technical Corrections to the Balanced Budget and Emergency Deficit Control Act of 1985 - Makes technical corrections in the Balanced Budget and Emergency Deficit Control Act of 1985.
Introduced in House
Introduced in House
Referred to the House Committee on the Budget.
Reported by the Committee on The Budget. H. Rept. 107-338.
Reported by the Committee on The Budget. H. Rept. 107-338.
Placed on the Union Calendar, Calendar No. 203.
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