(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Sets forth the congressional budget for the federal government for FY2013, including the appropriate budgetary levels for FY2015-FY2023.
Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts for FY2013-FY2023 with respect to: (1) federal revenues, (2) new budget authority, (3) budget outlays, (4) deficits, (5) public debt, and (6) debt held by the public.
(Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for the Social Security Administration (SSA), including the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, U.S. Postal Service discretionary administrative expenses, and specified major functional categories for FY2013-FY2023.
Title II: Reconciliation - (Sec. 201) Sets forth reconciliation instructions for the Senate Committee on Finance.
Title III: Reserve Funds - (Sec. 301) Authorizes certain deficit-neutral reserve funds:
(Sec. 306) Authorizes a certain reserve fund for tax reform.
(Sec. 321) Establishes certain deficit-reduction reserve funds: (1) for government reform and efficiency, and (2) to promote corporate tax fairness.
Title IV: Budget Process - Subtitle A: Budget Enforcement - (Sec. 401) Makes it out of order to consider in the Senate any legislation that would cause the discretionary spending limits in this resolution to be exceeded, except by a supermajority waiver.
Specifies such discretionary spending limits in the Senate for FY2013-FY2014.
Provides for adjustments to budgetary aggregates and allocations for:
(Sec. 402) Makes it out of order to consider in the Senate any legislation that would require advanced appropriations, except by a supermajority waiver, other than for:
(Sec. 403) Authorizes adjustments in committee allocations and all other budgetary aggregates, allocations, levels, and limits contained in this resolution for sequestration or sequestration replacement purposes.
(Sec. 404) Makes it out of order to consider in the Senate any appropriations legislation, amendment, motion, or conference report that includes any provision that constitutes changes in certain mandatory programs affecting the Crime Victims Fund, except by a supermajority waiver.
Subtitle B: Other Provisions - (Sec. 411) Requires Senate committees to:
(Sec. 412) Requires the joint explanatory statement accompanying the conference report on any budget resolution in the Senate to include in its committee allocations to the Committees on Appropriations amounts for the discretionary administrative expenses of the SSA and of the Postal Service.
Title V: Other Matters - (Sec. 501) Requires the Congressional Budget Office (CBO), when it releases its annual Update to the Budget and Economic Outlook, to: