Page:United States Statutes at Large Volume 100 Part 5.djvu/894

 100 STAT. 4368

CONCURRENT RESOLUTION S — J U N E 27, 1986

(A) New budget authority, $12,850,000,000; (B) Outlays, $10,800,000,000; of which not to exceed $10,500,000,000 in budget authority and $7,250,000,000 in outlays shall be available for additional defense spending. (2) Amounts described in paragraph (1) may be used to provide funding for additional defense spending and additional nondefense funding in excess of functional levels set forth in section 1 of this resolution. (d) Nothing in this section shall preclude the President requesting or Congress initiating legislation— (1) to reduce the deficits for the fiscal years specified in subsection (a)(1) to levels below those set forth in section 1 of this resolution; or (2) to ensure that such levels are not exceeded by reason of changing economic conditions or estimates. Upon enactment of deficit reduction legislation of the type described in paragraph (1) of this subsection, the aggregates in section 1 of this resolution shall be adjusted accordingly. tj? w

2 USC 633.

ii.

GENERAL REVENUE SHARING EXTENSION



SEC. 4. (a) Budget authority and outlays for funding an extension of general revenue sharing under the State and Local Assistance Act of 1972 through the end of fiscal year 1989 would be allocated to the appropriate committees of the House and Senate and the aggregates in section 1 of this resolution would be adjusted accordingly if— (1) legislation ensuring that the funding would not increase the deficits set forth in section 1 of this resolution has been enacted into law; (2) an authorization for such funding has been enacted into law; and (3) such committee has reported legislation to provide such funding. O> The Committees on the Budget of the House of Representatives t) and the Senate are authorized and directed to report to their respective Houses revised allocations pursuant to section 302(a) of the Congressional Budget Act of 1974 and revised budget aggregates to carry out this section. Upon the reporting of such revised allocations, the appropriate committees of such Houses shall report revised allocations pursuant to section 302(b) of such Act to carry out this section. Such revised allocations and budget aggregates shall be considered for purposes of such Act as allocations and aggregates contained in this resolution. (c) This section shall not apply to the extent that additional funding for general revenue sharing is provided for within the section 302(a) allocations of budget authority and outlays to the appropriate committees of the House of Representatives and the Senate made in the joint explanatory statement accompanying this resolution. REPORT ON DOD INFLATION FUNDING

SEC. 5. (a) It is the sense of the Congress that the Secretary of Defense should transmit a report to the Speaker of the House of Representatives and the President pro tempore of the Senate setting forth a full and complete accounting of all moneys appropriated to the Department of Defense for fiscal year 1986 in excess of sums

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