Fiscal Discipline for a New Millennium Act of 1999

Fiscal Discipline for a New Millenium Act of 1999 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to set discretionary spending limits for FY 2001 through 2010 at the limits of new budget authority and outlays for FY 2000.

Requires an affirmative vote of two-thirds (currently, three-fifths) of Members of the Senate to waive a point of order against legislation that would exceed discretionary spending limits.

[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 358 Introduced in Senate (IS)]







106th CONGRESS
  1st Session
                                 S. 358

To freeze Federal discretionary spending at fiscal year 2000 levels, to 
   extend the discretionary budget caps until the year 2010, and to 
      require a two-thirds vote of the Senate to breach the caps.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            February 3, 1999

   Mr. Grams introduced the following bill; which was read twice and 
   referred jointly pursuant to the order of August 4, 1977, to the 
 Committees on the Budget and Governmental Affairs, with instructions 
that if one committee reports, the other committee have thirty days to 
                        report or be discharged

_______________________________________________________________________

                                 A BILL


 
To freeze Federal discretionary spending at fiscal year 2000 levels, to 
   extend the discretionary budget caps until the year 2010, and to 
      require a two-thirds vote of the Senate to breach the caps.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fiscal Discipline for a New 
Millennium Act of 1999''.

SEC. 2. FREEZE AND EXTENSION OF THE CAPS.

    Section 251(c) of the Balanced Budget and Emergency Deficit Control 
Act of 1985 is amended by striking paragraphs (5) through (7) and 
inserting the following:
            ``(5) with respect to fiscal years 2001 through 2010 the 
        limits of new budget authority and outlays for fiscal year 
        2000;''.

SEC. 3. TWO-THIRDS WAIVER REQUIREMENT.

    Subsections (c)(2) and (d)(3) of section 904 of the Congressional 
Budget Act of 1974 are amended by--
            (1) striking ``312(b),''; and
            (2) adding at the end the following: ``A vote of two-thirds 
        of the Members duly chosen and sworn, shall be required under 
        this paragraph with respect to section 312(b) of this Act.''.
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