Page:United States Statutes at Large Volume 121.djvu/2623

 121 STAT. 2602

CONCURRENT RESOLUTIONS—MAY 17, 2007

baseline under paragraph (5)(A), except that direct spending or revenue effects resulting in net deficit reduction enacted in any bill pursuant to a reconciliation instruction since the beginning of that same calendar year shall never be made available on the pay-as-you-go ledger and shall be dedicated only for deficit reduction. (b) SUPERMAJORITY WAIVER AND APPEALS.— (1) WAIVER.—This section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn. (2) APPEALS.—Appeals in the Senate from the decisions of the Chair relating to any provision of this section shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution, as the case may be. An affirmative vote of threefifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (c) DETERMINATION OF BUDGET LEVELS.—For purposes of this section, the levels of new budget authority, outlays, and revenues for a fiscal year shall be determined on the basis of estimates made by the Senate Committee on the Budget. (d) SUNSET.—This section shall expire on September 30, 2017. (e) REPEAL.—In the Senate, section 505 of H. Con. Res. 95 (108th Congress), the fiscal year 2004 concurrent resolution on the budget, shall no longer apply. SEC. 202. SENATE POINT OF ORDER AGAINST RECONCILIATION LEGISLATION THAT WOULD INCREASE THE DEFICIT OR REDUCE A SURPLUS.

(a) IN GENERAL.—It shall not be in order in the Senate to consider any reconciliation bill, resolution, amendment, amendment between Houses, motion, or conference report pursuant to section 310 of the Congressional Budget Act of 1974 that would cause or increase a deficit or reduce a surplus in either of the following periods: (1) The current fiscal year, the budget year, and the ensuing 4 fiscal years following the budget year. (2) The current fiscal year, the budget year, and the ensuing 9 fiscal years following the budget year. (b) SUPERMAJORITY WAIVER AND APPEAL IN THE SENATE.— (1) WAIVER.—This section may be waived or suspended in the Senate only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. (2) APPEAL.—An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required in the Senate to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (c) DETERMINATION OF BUDGET LEVELS.—For purposes of this section, the levels of net deficit increases shall be determined on the basis of estimates provided by the Senate Committee on the Budget. SEC.

203.

SENATE POINT OF ORDER AGAINST INCREASING LONG-TERM DEFICITS.

LEGISLATION

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(a) CONGRESSIONAL BUDGET OFFICE ANALYSIS OF PROPOSALS.— The Director of the Congressional Budget Office shall, to the extent practicable, prepare for each bill and joint resolution reported from

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