A resolution to require reductions in total budget outlays and total new budget authority in concurrent resolutions on the budget for fiscal years 1980, 1981, and 1982.

Requires that total budget outlays and total new budget authority in concurrent resolutions on the budget reported by the Senate Committee on the Budget, pursuant to the congressional Budget Act of 1974, for fiscal years 1980, 1981, 1982 not exceed 98 percent of the adjusted amount of the appropriate level of total budget outlays or total budget authority set forth in the final concurrent resolution on the budget for fiscal year 1979.