On the recordMay 17, 2006
I thank the gentleman. We will have more discussion about this during the debate on his amendment. I withdraw my reservation. The SPEAKER pro tempore. Without objection, the new form of the amendment is considered as read. There was no objection. The text of the amendment, as modified, is as follows: Strike all after the resolving clause and insert the following: SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2007. The Congress declares that this is the concurrent resolution on the budget for fiscal year 2007, including appropriate budgetary levels for fiscal years 2008 through 2016. TITLE I--RECOMMENDED LEVELS AND AMOUNTS SEC. 101. RECOMMENDED LEVELS AND AMOUNTS. The following budgetary levels are appropriate for each of fiscal years 2007 through 2016: (1) Federal revenues.--For purposes of the enforcement of this resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2007: $1,793,599,000,000. Fiscal year 2008: $1,907,776,000,000. Fiscal year 2009: $2,017,571,000,000. Fiscal year 2010: $2,121,977,000,000. Fiscal year 2011: $2,343,071,000,000. Fiscal year 2012: $2,547,527,000,000. Fiscal year 2013: $2,679,797,000,000. Fiscal year 2014: $2,821,098,000,000. Fiscal year 2015: $2,972,309,000,000. Fiscal year 2016: $3,133,156,000,000. (B) The amounts by which the aggregate levels of Federal revenues should, be reduced are as follows: Fiscal year 2007: $26,000,000,000. Fiscal year 2008: $14,000,000,000.…
Source
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