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SEC. 101. DISCRETIONARY SPENDING LIMITS.

(a) Point of Order- It shall not be in order in the House of Representatives or the Senate to consider any bill, resolution, amendment, motion or conference report that includes any provision that would cause the discretionary spending limits as set forth in this section to be exceeded.

(b) Limits-

(1) IN GENERAL- In this section, the term ‘discretionary spending limits’ has the following meaning subject to adjustments in paragraph (2) and subsection (c):

(A) For fiscal year 2012—

(i) for the security category $606,000,000,000 in budget authority; and

(ii) for the nonsecurity category $439,000,000,000 in budget authority.

(B) For fiscal year 2013—

(i) for the security category $607,000,000,000 in budget authority; and

(ii) for the nonsecurity category $440,000,000,000 in budget authority.

(C) For fiscal year 2014, $1,068,000,000,000 in budget authority.

(D) For fiscal year 2015, $1,089,000,000,000 in budget authority.

(E) For fiscal year 2016, $1,111,000,000,000 in budget authority.

(F) For fiscal year 2017, $1,134,000,000,000 in budget authority.

(G) For fiscal year 2018, $1,156,000,000,000 in budget authority.

(H) For fiscal year 2019, $1,180,000,000,000 in budget authority.

(I) For fiscal year 2020, $1,204,000,000,000 in budget authority.

(J) For fiscal year 2021, $1,228,000,000,000 in budget authority.

(2) AUTHORIZED ADJUSTMENT TO LIMITS-

(A) ADJUSTMENTS FOR BUDGET SUBMISSION- When the President submits a budget under section 1105 of title 31, United States Code, OMB shall calculate and the budget shall include adjustments to discretionary spending limits (and those limits as cumulatively adjusted) for the budget year and each out year equal to the baseline levels of new budget authority using up-to-date concepts and definitions minus those levels using the concepts and definitions in effect before such changes. Such changes may only be made after consultation with the committees on Appropriations and the Budget of the House of Representatives and the Senate and that consultation shall include written communication to such committees that affords such committees the opportunity to comment before official action is taken with respect to such changes.

(B) ADJUSTMENTS FOR CONGRESSIONAL ENFORCEMENT- For the purposes of Congressional enforcement of the limits in this section, the Chairmen of the Committees on the Budget of the Senate and House may adjust the discretionary spending limits in amounts equal to the adjustments made pursuant to subparagraph (A) as contained in the President’s budget. Any adjustment made pursuant to this subparagraph shall not constitute a repeal or change to the limits contained in this section....


7 posted on 07/29/2011 6:09:00 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: combat_boots

RINOS WILL BE APPOINTED:

A) IN GENERAL- The joint committee shall be composed of 12 members appointment pursuant to subparagraph (B).

(B) APPOINTMENT- Members of the joint committee shall be appointed as follows:

(i) The majority leader of the Senate shall appoint 3 members from among Members of the Senate.

(ii) The minority leader of the Senate shall appoint 3 members from among Members of the Senate.

(iii) The Speaker of the House of Representatives shall appoint 3 members from among Members of the House of Representatives.

(iv) The minority leader of the House of Representatives shall appoint 3 members from among Members of the House of Representatives.


8 posted on 07/29/2011 6:10:18 PM PDT by RummyChick
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