NOTE: THIS IS A NON-BINDING CONCURRENT BUDGET RESOLUTION THAT SETS THE FUNDING LEVEL FOR DISCRETIONARY SPENDING. IT IS NOT SIGNED BY THE PRESIDENT AND THEREFORE DOES NOT HOLD THE WEIGHT OF LAW, BUT IS USED AS A GUIDE FOR CONGRESS AS IT PASSES THE ANNUAL APPROPRIATION AND OTHER BILLS.
May 25, 1995(Key vote)
Title: Fiscal 1996 Budget Resolution - Adoption
Vote Smart's Synopsis:
Vote to pass a concurrent resolution that calls for the appropriation of $1.27 trillion in FY 1996.
Expresses the sense of the Senate that Federal programs should be reviewed to determine whether they would be better as a responsibility of the States.
Expresses the sense of the Congress that if the 1996 Concurrent Budget Resolution includes any cut in taxes, approximately 90 percent of the benefits of the tax cuts must go to working families with incomes less than $100,000.
Expresses the sense of the Senate that Congress should revise the Internal Revenue code to prohibit an undefined level of "very wealthy" individuals from avoiding their taxes by renouncing their United States citizenship.
Sets public debt at $5.2 trillion.
$257.7 billion for National Defense.
$226.3 billion for Income Security.
$171.9 billion for Medicare.
$121.1 billion for Health.
$48.98 billion for Education, Training, Employment, and Social Services.
$37.4 billion for Veterans Benefits and Services.
$36.5 billion for Transportation.
$20 billion for Administration of Justice.
$19.5 billion for Natural Resources and the Environment.
$16.7 billion for General Science, Space, and Technology.
$15.4 billion for International Affairs.
$13.1 billion for Agriculture.
$5.9 billion for Social Security.
$5.8 billion for Community and Regional Development.