Page:United States Statutes at Large Volume 95.djvu/1784

 95 STAT. 1758

CONCURRENT RESOLUTIONS—MAY 21, 1981

SEC. 302A. The Committee on Appropriations of the Senate shall report not later than June 5, 1981, legislation to reduce previously enacted appropriations by $13,300,000,000 in budget authority and $1,500,000,000 in outlays for fiscal year 1981; by $3,200,000,000 in outlays for fiscal year 1982; by $1,800,000,000 in outlays for fiscal year 1983; and by $1,100,000,000 in outlays for fiscal year 1984. SEC. 303. In order to give the committees named in sections 301 and 302flexibilityin meeting the reconciliation instructions, a committee may at its option, substitute in wl^ole or in part reductions in spending authority as defined by section 401(c)(2) of Public Law 93-344 for reductions specified to be made in authorizations under that committee's jurisdiction in order to reduce appropriations, so long as the total amount of budget authority and outlay reductions for each fiscal year is the same as or greater than the amounts assigned to that committee in section 301 or 302 above. SEC. 304. Not later than June 12, 1981, the committees named in sections 301 and 302 shall submit their recommendations to the Committees on the Budget of their respective Houses. Those recommendations shall be sufficient to accomplish the reductions required by such sections. After receiving those recommendations, the Committees on the Budget shall report to the House and Senate a reconciliation bill or resolution or both carrying out all such recommendations without any substantive revision. SEC. 304A. The Senate Committee on Governmental Affairs should report changes in laws within the jurisdiction of that committee which would reduce the costs to the Government which result from waste, fraud, and abuse. Savings in appropriations and expenditures from trust funds from such statutory changes are estimated to be $700,000,000 in budget authority and $1,300,000,000 in outlays in fiscal year 1982; $1,000,000,000 in budget authority and $2,000,000,000 in outlays in fiscal year 1983; and $1,500,000,000 in budget authority and $3,000,000,000 in outlays in fiscal year 1984. PART B—ENFORCEMENT MEASURES

31 USC 1351. 31 USC 1323. 31 USC 1331.

SEC. 305. No bill or resolution providing— (1) new budget authority for fiscal year 1982, or (2) new spending authority described in section 401(c)(2)(C) of the Budget Act first effective in fiscal year 1982— which exceeds the appropriate allocation or subdivision made pursuant to section 302 of such Act shall be enrolled until after Congress has completed action on the second concurrent resolution on the budget required to be reported under section 310 of such Act, and on any reconciliation legislation required by such resolution. SEC. 306. (a) It is the sense of the Congress that due to the extreme rate of inflation in the United States economy, the possible cost-ofliving effects of Federal regulations and legislation shall be carefully monitored as part of a program of fiscal restraint. Cost-of-living effects should therefore be a prime consideration in developing both regulations and legislation. In order to coordinate the aggregate economic impact of regulations with Federal fiscal policy, it is the sense of Congress that the President should implement a "zero net inflation impact" policy for the regulations promulgated in the remainder offiscalyear 1981 and for fiscal year 1982. This policy will require the President to keep an accounting for fiscal year 1981 of all new regulations which have a significant, measurable cost to the economy. Cost-saving modification need not affect the same area of

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