A concurrent resolution expressing support for the President's no-undercut policy concerning existing strategic offensive arms agreements.

Expresses the sense of the Congress that the United States should: (1) pursue with the Soviet Union the resolution of concerns with respect to compliance with existing strategic arms control agreements and seek corrective actions through confidential diplomatic channels such as the Standing Consultative Commission and the renewed nuclear arms negotiations; and (2) continue to refrain from undercutting existing strategic offensive arms agreements so long as the Soviet Union does the same or until a new agreement is concluded. Urges the Soviet Union to take positive steps to resolve U.S. concerns with regard to compliance with such agreements.

Directs the President to report to the Congress regarding the Soviets' adherence to such no-undercut policy, the implications of the deployment of additional U.S. strategic offensive weapons on such policy and on U.S. security, and the future of U.S. interim restraint policy (including possible modifications).

Urges the President to consider the impact of any change to this current policy with regard to existing strategic offensive arms agreements on the long-term security interests of the United States and its allies and to consult with the Congress before making such a change in policy.