title II—BUDGET PROCESS REFORM
Section 208. Economic and Technical Assumptions.
(a) Point of Order.—Section 301(g) of the Congressional Budget Act of 1974 is amended to read as follows:
“(g) Economic Assumptions.—
“(1) It shall not be in order in the Senate to consider any concurrent resolution on the budget for a fiscal year, or any amendment thereto, or any conference report thereon, that sets forth amounts and levels that are determined on the basis of more than one set of economic and technical assumptions.
“(2) The joint explanatory statement accompanying a conference report on a concurrent resolution on the budget shall set forth the common economic assumptions upon which such joint statement and conference report are based, or upon which any amendment contained in the joint explanatory statement to be proposed by the conferees in the case of technical disagreement, is based.
“(3) Subject to periodic reestimation based on changed economic conditions or technical estimates, determinations under titles III and IV of the Congressional Budget Act of 1974 shall be based upon such common economic and technical assumptions.”.
(b) Application of Section 301 (g) Point of Order To Revisions of Concurrent Resolutions on the Budget.—Section 304 of the Congressional Budget Act of 1974 is amended by inserting at the end thereof the following:
“(c) Economic Assumptions.—The provisions of section 301(g) shall apply with respect to concurrent resolutions on the budget under this section (and amendments thereto and conference reports thereon) in the same way they apply to concurrent resolutions on the budget under such section 301(g) (and amendments thereto and conference reports thereon).”.
This section is not classified to the U.S. Code.
Joint Explanatory Statement (BBEDCRA 1987)
The Joint Explanatory Statement of the Managers of Conference on the Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987 included this description:
1. Economic and Technical Assumptions
Under current practices, the House and Senate may consider budget resolutions that contain figures based on more than one set of economic and technical assumptions, as was the case when the Senate considered the budget resolution for FY 1988. Additionally, the House and Senate may differ with respect to certain economic and technical assumptions upon which enforcement of the budget resolution is based.
The Senate amendment (Section 231(a)) amends Section 301(g) of the 1974 Budget Act to prohibit in the Senate the consideration of a budget resolution that contains figures based on more than one set of economic and technical assumptions, and to require that enforcement of the budget resolution in the House and Senate be based upon the common economic and technical assumptions set forth in the joint explanatory statement accompanying the conference report on the budget resolution.
The House recedes and concurs in the amendment of the Senate.
U.S. House of Representatives, Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987: Conference Report to Accompany H. J. Res. 324, House Ways and Means Committee (H. Rept. 100-313) September 21, 1987.