Text: H.R.700 — 104th Congress (1995-1996)All Information (Except Text)

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Introduced in House (01/26/1995)

 
[Congressional Bills 104th Congress]
[From the U.S. Government Printing Office]
[H.R. 700 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 700

 To provide for the automatic downward adjustment in the discretionary 
  spending limits for fiscal year 1995 set forth in the Congressional 
Budget Act of 1974, and to reduce obligation limits equal to the amount 
           of rescissions and changes contained in this Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 26, 1995

Mr. Zeliff (for himself and Mr. Andrews) introduced the following bill; 
which was referred to the Committee on the Budget and, in addition, to 
   the Committee on Appropriations, for a period to be subsequently 
   determined by the Speaker, in each case for consideration of such 
 provisions as fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
 To provide for the automatic downward adjustment in the discretionary 
  spending limits for fiscal year 1995 set forth in the Congressional 
Budget Act of 1974, and to reduce obligation limits equal to the amount 
           of rescissions and changes contained in this Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``A to Z Spending Cuts Plan''.

                 TITLE I--DISCRETIONARY CAP ADJUSTMENTS

SECTION 101. DOWNWARD ADJUSTMENT OF DISCRETIONARY SPENDING LIMITS.

    The discretionary spending limits (new budget authority and 
outlays) for fiscal year 1995 set forth in section 601(a)(2) of the 
Congressional Budget Act of 1974, as adjusted in strict conformance 
with section 251 of the Balanced Budget and Emergency Deficit Control 
Act of 1985, shall be reduced, as calculated by the Director of the 
Office of Management and Budget, in amounts equal to the aggregate 
amounts of rescissions under title II for that fiscal year.

SEC. 102. PAYGO SCORECARD.

    Reductions in outlays in a fiscal year resulting from any provision 
in this Act shall not be taken into account for any purpose under 
section 252 of the Balanced Budget and Emergency Deficit Control Act of 
1985.

SEC. 103. DISCRETIONARY SPENDING LIMITS FOR FISCAL YEARS 1995-1998.

    (a) Reduction in Discretionary Spending Limits.--The discretionary 
spending limits (budget authority and outlays) for each of fiscal years 
1995, 1996, 1997, and 1998 set forth in section 601(a)(2) of the 
Congressional Budget Act of 1974, as adjusted in strict conformance 
with section 251 of the Balanced Budget and Emergency Deficit Control 
Act of 1985, shall be reduced as calculated by the Director of the 
Office of Management and Budget, by the aggregate amounts of 
rescissions under title II for any fiscal year, plus any additional 
savings for that fiscal year as a result of the enactment of title III.
    (b) Definition.--For the purposes of subsection (a), the term 
``additional savings for that fiscal year as a result of the enactment 
of title III'' means the net aggregate amount (if any) by which the OMB 
current services baseline for discretionary appropriations (before any 
rescissions made under title II) for all programs, projects, and 
activities for which new authorization levels or obligation limits are 
established by title II exceeds those new authorization levels for 
fiscal years 1996, 1997, or 1998, as the case may be, or the amount by 
which the program changes (changes in authorizing statutes which reduce 
the need for future discretionary appropriations) result in a reduction 
in outlays.

                    TITLE II--REDUCTIONS IN SPENDING

SEC. 201. RESCISSIONS.

    TITLE III--CHANGES IN AUTHORIZATION STATUTES TO EFFECT SPENDING 
                               REDUCTIONS

SEC. 301. CHANGES.

 TITLE IV--SENSE OF THE CONGRESS ON THE REDUCTION OF THE DISCRETIONARY 
                             SPENDING CAPS

SEC. 401. SENSE OF CONGRESS.

    It is the Sense of Congress that each reduction in the 
discretionary spending caps caused by the spending cuts in title II and 
title III of this Act shall result in reductions in future spending for 
that particular program only.
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