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Summary of Amendments Submitted to the Rules Committee for H.Con.Res. 353,
Concurrent Resolution on the Budget for Fiscal Year 2003

 

(in alphabetical order)

March 19, 2002 (6:45 p.m.)

Clayton #2 - Increases budget authority and outlays for Function 550 (Health) by $6.3 billion in FY 2003 to reflect temporary and targeted increases in the Medicaid program’s federal medical assistance percentage (FMAP). This increase would be offset by decreasing additional FY 2003 tax cuts.

Davis, Jim #26 - Amendment in the nature of a substitute. Replaces the Budget Committee budget with a budget embodying the same policies scored over ten years and using CBO estimates.

DeFazio #22 - Eliminates the new tax cuts included in the resolution and freezes a portion of last year’s tax cut. Proposes increased revenue of approximately $80 billion over 5 years, which would be achieved by freezing the top three marginal rate reductions at their FY 2003 levels, substituting more modest estate tax changes in place of a total repeal, and freezing the scheduled repeal of the personal exemption phase-out and the partial itemized deduction allowance.

Engel #14 - Adjusts the aggregate level of revenues by amounts equal to the foregoing outlay changes to Function 600 (Income Security) reflecting a reduction of the new tax cuts assumed in the budget resolution.

Hinojosa #19 - Increases budget authority and outlays for bilingual education in Function 500 (Education, Training, Employment and Social Services) to be offset by a reduction of the new tax cuts assumed in the budget resolution.

Holt #5 - Increases Function 250 (General Science) by $2 billion over 5 years and offsets the increase by reducing Function 800 (General Government).

Kilpatrick #27 - Provides $350 billion over five years for a Medicare prescription drug benefit.

Kucinich #11 - Creates reserve fund for prescription drugs that sets aside $406 billion over ten years. The fund is available once Congress passes a prescription drug plan that offers a $24 premium and an 80/20% copayment structure with a maximum out-of-pocket expenditure of $2,000. Freezes the phase-in of $56 billion tax cut enacted last year, postpones future reductions in the top marginal rate, the current phase out of the estate tax by scheduled repeal of the personal exemption and the partial itemized deduction allowance, and allocates those funds to a comprehensive senior citizen prescription drug program that benefits low-income seniors. Directs the Secretary of Health and Human Services to negotiate with the prescription drug industry to achieve the best price on prescription drugs.

LaFalce #12 - Increases budget authority by $4 billion a year for housing programs for each of the 5 years of the budget resolution, with a 2% annual inflation adjustment in each of FY 2004-2007.

LaFalce #13 - Increases budget authority by $409 million in FY 2003 and the same inflation adjustment amount for each of FY 2004-2007, for the purpose of funding additional staff for the Securities and Exchange Commission in the Division of Enforcement, the Division of Corporate Finance, and the Office of the Chief Accountant, and to fully fund pay parity for SEC employees.

McDermott #4 - Amendment in the nature of a substitute. President’s budget including CBO projections and the recently passed economic stimulus package. Includes a directive to implement any one of the three Social Security plans offered by the President’s commission.

McDermott/Clayton #1 - Increases Function 150 (International Affairs) to provide the Global Fund to Fight HIV/AIDS, Tuberculosis and Malaria with the same amount in FY 2003 that was authorized by the International Relations Committee in FY 2002. This increase would be offset by decreasing additional FY 2003 tax cuts.

McKinney #25 - Shifts $20 billion from both the FY 2003 budget authority and outlays of the National Defense account (050) and redistributes the money as follows: $1 billion to International Affairs (150), $1.5 billion to Natural Resources and Environment (300), $500 million to Commerce and Housing Credit (370), $2 billion to Transportation (400), $1.5 billion to Community and Regional Development (45), $4.5 billion to Education, Training, Employment and Social Services (500) $6 billion to Health (550) and $3 billion to Veterans Benefits and Services (700).

Millender-McDonald #7 - Increases budget authority and outlays for Function 400 (Transportation) to reflect an increase in funding for the Federal-Aid Highways program to be offset by a reduction in the new tax cuts.

Millender-McDonald #8 - Restores $180.6 million to the Youth Opportunity Grants program under Function 500 (Education, Training, Employment and Social Services) for FY 2003.

Millender-McDonald #9 - Restores $3 million to the Public Health Service’s Office of Minority Health in FY 2003.

Millender-McDonald #10 - Restores $379 million in cuts from the Community Development Block Grants under Function 450 (Community and Regional Development).

Miller, George #20 - Provides Title I funding authorized by the No Child Left Behind Act in FY 2003 by increasing the budget authority and outlays in Function 500 (Education, Training, Employment and Social Services) to be offset by a reduction of the new tax cuts assumed in the budget resolution.

Miller, George #21 - Increases special education funding by increasing the budget authority and outlays in Function 500 (Education, Training, Employment and Social Services) to be offset by a reduction of the new tax cuts assumed in the budget resolution.

Miller, George #23 - Strengthens teacher quality by increasing the Budget Authority and Outlays in Function 500 (Education, Training, Employment and Social Services) to be offset by a reduction of the new tax cuts assumed in the budget resolution.

Miller, Jeff #16 - WITHDRAWN.

Moore/Stenholm/Matheson/Tanner/Hill #28 - Amendment in the nature of a substitute. Adopts the spending levels in the Budget Committee resolution, but revises the numbers to reflect the projections and estimates calculated by CBO. The substitute requires Congress and the President to revisit the budget if CBO projects that our goal of balancing the unified budget next year and balancing the budget without counting the Social Security surplus by 2007 when CBO issues its August update. Provides for an increase in the debt limit through September 30, 2002, but prohibits any increase in the debt limit beyond September 30 until the President has submitted and Congress has voted on a plan to balance the budget without using the Social Security surplus. Adds a provision that prohibits the consideration of any legislation that delays implementation of costs outside of the five year budget window until Congress has enacted legislation extending solvency of Social Security and Medicare. Finally, the substitute allows for a supplemental request to cover the additional costs for the war on terrorism and homeland security.

Moran (VA) #15 - Requires that, as of next year, it shall not be in order to produce a budget resolution that doesn’t ensure that the budget, excluding Social Security, is on a path to surplus within five years. Exceptions are included for economic weakness and war.

Roemer #24 - WITHDRAWN

Shadegg/Fletcher #6 - Amendment in the nature of a substitute. Modifies the resolution reported by the Budget Committee to reflect the inclusion of the 17 amendments proposing specific increases in spending (offset by increases in revenue) offered by members of the minority during the Budget Committee markup, but which were not adopted. Taken together, the 17 amendments proposed by the minority would increase total budget authority relative to the reported resolution by $4.6 billion in FY 2002, $26.2 billion in FY 2003, and $205 billion over the period FY 2002 through FY 2007. These amendments would also increase total outlays relative to the reported resolution by $4.6 billion in FY 2002, $11.1 billion in FY 2003, and $175 billion over the period FY 2002 through FY 2007. In order to offset the spending increases, each amendment proposed by the minority required that taxes be increased by an equal amount. Taken together the 17 amendments would increase taxes relative to the reported resolution by $4.6 billion in FY 2002, $11.1 billion in FY 2003, and $175 billion over the period FY 2002 through FY 2007. The total on-budget deficit, and levels of debt included in the amendment are identical to the levels in the Committee-reported resolution. In addition, the levels of funding for national defense and homeland security are identical to the levels in the reported resolution.

Shows/Taylor (MS) #18 - Allows concurrent receipt of both military pension and VA disability compensation to be offset by reducing the amount of new tax cuts assumed in the budget resolution.

Skelton #3 - Amends Sec. 201 with a new section to make available $10 billion in new budget authority for the Department of Defense in FY 2003 within Function 050 (National Defense).

Stark #17 - Requires creation of a Medicare prescription drug benefit for seniors that will cost more than $350 billion over 10 years.

Tierney #29 - Addresses the Federal Emergency Management Agency’s proposed $3.5 billion State and Local Terrorism Preparedness Initiative, which requires local first responders to put up a burdensome 25% local “match” in order to receive any assistance. Waives the 25% match prerequisite or reduces the percentage as much as practicable.

 

 

* Summaries derived from information submitted by the amendment sponsors.