Vote Smart's Synopsis:

Vote to adopt the conference report of the concurrent resolution that establishes $1.39 trillion for fiscal year 1998 and a total of $7.39 trillion for fiscal years 1998 through 2002. Specifically allocating $526.86 billion in discretionary funding for FY 1998.

Highlights:

• Outlines a plan to balance the budget in 5 years, with a surplus of $1.6 billion by 2002.

• Cuts projected spending by $322 billion.

• Cuts taxes by a net of $85 billion.

• Expresses the sense of congress that tax cuts should go primarily to families earning less than $100,000 per year, and should not exceed $250 billion over the next 10 years.

• Includes $16 billion in new spending to provide health insurance for uninsured children.

• Includes in new spending to restore welfare benefits to legal immigrants.

• Cuts spending on Medicare by $115 billion.

• Expresses the sense of the Senate that the federal government should not limit the ability of States to grant temporary waivers from Welfare requirements to victims of domestic violence in cases where compliance with such requirements would make it more difficult to escape domestic violence.

• Expresses the sense of the Senate that all savings from Medicare reform should be kept in a “lockbox” of funds dedicated solely to ensuring Medicare's solvency.

• $268.2 billion for National Defense.

• $239 billion for Income Security.

• $201.6 billion for Medicare.

• $137.8 billion for Health.

• $60 billion for Education, Training, Employment, and Social Services.

• $46.4 billion for Transportation.

• $40.5 billion for Veterans Benefits and Services.

• $24.8 billion for Administration of Justice.

• $23.9 billion for Natural Resources and Environment.

• $16.2 billion for General Science, Space and Technology.

• $15.9 billion for International Affairs.

• $14.7 billion for General Government.

• $13.1 billion for Agriculture.

• $11.4 billion for Social Security.

• $8.8 billion for Community and Regional Development.

• $6.6 billion for Commerce and Housing Credit.

• $3.1 billion for Energy.

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt the conference report of the concurrent resolution that establishes $1.39 trillion for fiscal year 1998 and a total of $7.39 trillion for fiscal years 1998 through 2002. Specifically allocating $526.86 billion in discretionary funding for FY 1998.

Highlights:

• Outlines a plan to balance the budget in 5 years, with a surplus of $1.6 billion by 2002.

• Cuts projected spending by $322 billion.

• Cuts taxes by a net of $85 billion.

• Expresses the sense of congress that tax cuts should go primarily to families earning less than $100,000 per year, and should not exceed $250 billion over the next 10 years.

• Includes $16 billion in new spending to provide health insurance for uninsured children.

• Includes in new spending to restore welfare benefits to legal immigrants.

• Cuts spending on Medicare by $115 billion.

• Expresses the sense of the Senate that the federal government should not limit the ability of States to grant temporary waivers from Welfare requirements to victims of domestic violence in cases where compliance with such requirements would make it more difficult to escape domestic violence.

• Expresses the sense of the Senate that all savings from Medicare reform should be kept in a “lockbox” of funds dedicated solely to ensuring Medicare's solvency.

• $268.2 billion for National Defense.

• $239 billion for Income Security.

• $201.6 billion for Medicare.

• $137.8 billion for Health.

• $60 billion for Education, Training, Employment, and Social Services.

• $46.4 billion for Transportation.

• $40.5 billion for Veterans Benefits and Services.

• $24.8 billion for Administration of Justice.

• $23.9 billion for Natural Resources and Environment.

• $16.2 billion for General Science, Space and Technology.

• $15.9 billion for International Affairs.

• $14.7 billion for General Government.

• $13.1 billion for Agriculture.

• $11.4 billion for Social Security.

• $8.8 billion for Community and Regional Development.

• $6.6 billion for Commerce and Housing Credit.

• $3.1 billion for Energy.

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a concurrent resolution that calls for $1.39 trillion in total spending for fiscal year 1998, and a total of $7.39 trillion for fiscal years 1998 through 2002. Specifically allocating $526.86 billion in discretionary funding for FY 1998.

Highlights:

• Outlines a plan to balance the budget in 5 years.

• Includes $16 billion over 5 years in new spending to provide health insurance for uninsured children.

• Includes new spending to restore welfare benefits to elderly legal immigrants.

• Cuts taxes by a net of $85 billion.

• $268.2 billion for National Defense.

• $239 billion for Income Security.

• $201.6 billion for Medicare.

• $137.8 billion for Health.

• $60 billion for Education, Training, Employment, and Social Services.

• $46.4 billion for Transportation.

• $40.5 billion for Veterans Benefits and Services.

• $24.8 billion for Administration of Justice.

• $23.9 billion for Natural Resources and Environment.

• $16.2 billion for General Science, Space and Technology.

• $15.9 billion for International Affairs.

• $14.7 billion for General Government.

• $13.1 billion for Agriculture.

• $11.4 billion for Social Security.

• $8.8 billion for Community and Regional Development.

• $6.6 billion for Commerce and Housing Credit.

• $3.1 billion for Energy.

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a concurrent resolution that establishes $1.39 trillion for fiscal year 1998, and a total of $7.38 trillion for fiscal years 1998 through 2002.

Highlights:

• Includes $16 billion over 5 years in new spending to provide health insurance for uninsured children.

• Outlines plan to balance the budget in 5 years.

• $268.20 billion for National Defense.

• $239.03 billion for Income Security.

• $210.62 billion for Medicare.

• $137.8 billion for Health.

• $60.02 billion for Education, Training, Employment, and Social Service.

• $46.4 billion for Transportation.

• $40.55 billion for Veterans Benefits and Services.

• $24.77 billion for Administration of Justice.

• $23.88 billion for Natural Resources and Environment.

• $16.24 billion for General Science, Space and Technology.

• $15.91 billion for International Affairs.

• $14.71 billion for General Government.

• $13.13 billion for Agriculture.

• $11.42 billion for Social Security.

• $8.77 billion for Community and Regional Development.

• $6.61 billion for Commerce and Housing Credit.

• $3.12 billion for Energy.

Full Bill Text

Full Bill Text