Establishing the congressional budget for the United States Government for fiscal year 2002, revising the congressional budget for the United States Government for fiscal year 2001, and setting forth appropriate budgetary levels for each of fiscal years 2003 through 2011.

Declares that the concurrent resolution on the budget for FY 2001 is revised and replaced. Sets forth the congressional budget for the Government for FY 2002, including the appropriate budgetary levels for FY 2003 through 2011. Title I: Recommended Levels and Amounts - Lists recommended budgetary levels and amounts for FY 2001 through 2011 with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) surpluses; (5) public debt; (6) debt held by the public; and (7) social security revenues, outlays, and administrative expenses. (Sec. 102) Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY 2001 through 2011. (Sec. 103) Directs the Senate Finance Committee to report a reconciliation bill by May 18, 2001, that consists of changes in laws within its jurisdiction sufficient to reduce revenues by no more than$1.25 trillion and increase the total level of outlays by no more than $100 billion for the period of FY 2001 through 2011. Requires $100 billion of such revenues and outlays to be available only for FY 2001 through 2002. Prohibits such legislation, when taken together with all previously-enacted legislation (except that enacted pursuant to section 211), from reducing the on-budget surplus below the level of the Medicare Hospital Insurance Trust Fund (Medicare Trust Fund) surplus in any fiscal year covered by this resolution. Expresses the sense of Congress that of the total amount reconciled in this section, $100 billion will be for an economic stimulus package over the next two years. (Sec. 104) Provides a reconciliation instruction for the House of Representatives Committee on Ways and Means similar to that set forth for the Senate in the preceding section. Title II: Budget Enforcement and Rulemaking - Subtitle A: Budget Enforcement - Sets forth prohibitions on advance appropriations in the House and Senate. Excepts advance appropriations for FY 2003 for specified accounts identified for advance appropriations and for the Corporation for Public Broadcasting. Waives the point of order on advance appropriations in the Senate only by an affirmative three-fifths majority vote. Expresses the sense of Congress that the Budget Enforcement Act of 1990 should be amended to address procedures for advance appropriations for fiscal years beginning with FY 2003. (Sec. 203) Requires the chairman of the Senate Budget Committee, whenever a bill or joint resolution becomes law that increases the discretionary spending limit for FY 2002 set out in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), to increase the section 302 allocation called for in the Congressional Budget Act of 1974 to the appropriate Appropriations Committee and to adjust all other budgetary aggregates and levels contained in this resolution. Provides a point of order in the Senate against consideration of legislation that exceeds certain discretionary spending limits in the defense and nondefense categories for FY 2002. Makes this point of order inapplicable if a declaration of war is in effect. Waives such point of order only by an affirmative three-fifths majority vote. (Sec. 204) Requires, in the House, that the joint explanatory statement accompanying the conference report on any budget resolution include in the allocation to the Appropriations Committee amounts for the discretionary administrative expenses of the Social Security Administration (SSA). Requires, in the House, that estimates of the level of total new budget authority and outlays provided by a measure pursuant to the Congressional Budget Act of 1974 include any discretionary amounts provided for the SSA. Subtitle B: Reserve Funds - Authorizes the appropriate Budget Committee chairman, if the Senate Finance Committee or House Committees on Ways and Means or Energy and Commerce reports legislation to reform Medicare and improve the access of beneficiaries to prescription drugs, to revise committee allocations, aggregates, and allocations of budget authority and outlays in this resolution by the amount provided in such legislation, with a specified limitation. Authorizes the appropriate chairman of the Budget Committee, if the Senate Finance Committee or House Committees on Ways and Means or Energy and Commerce reports legislation that repeals the 15 percent reduction in payments under the Medicare program to home health agencies enacted by the Balanced Budget Act of 1997 and scheduled to go into effect on October 1, 2002, to increase the allocation of new budget authority and outlays and other budgetary aggregates and levels by the amount provided in such legislation with specified limitations and subject to the condition that the legislation may not, when taken together with all previously-enacted legislation (except for Medicare reform legislation), reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 212) Authorizes the appropriate chairman of the Budget Committee, if the Senate Finance Committee or the House Committee on Energy and Commerce reports legislation that provides States with the opportunity to expand Medicaid coverage for children with special needs, to revise committee allocations, budgetary aggregates, and allocations of new budget authority and outlays in this resolution by the amount provided by such legislation, with specified limitations and subject to the condition that such legislation may not, when taken together with all previously enacted legislation (except that enacted pursuant to section 211), reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 213) Authorizes the appropriate Budget Committee chairman, if the Senate Agriculture, Nutrition, and Forestry Committee or the House Agriculture Committee reports legislation to reauthorize the Federal Agriculture Improvement Act of 1996, title I of such Act, and other agricultural production legislation, to increase the allocation of new budget authority and outlays to the committee for FY 2003 through 2011 by the amount provided by such legislation, with specified limitations and subject to the condition that such legislation, when taken together with all previously-enacted legislation (except that enacted pursuant to section 211), may not reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 214) Provides that if the Congressional Budget Office budget and economic outlook update for FY 2002 through 2011 estimates an on-budget surplus for any of FY 2001 through 2011 that exceeds that set forth in the corresponding outlook for FY 2001, the House Budget Committee chairman may, in an amount not to exceed the increase in the surplus for that fiscal year, reduce the recommended level of Federal revenues and make other adjustments for such year and/or reduce the appropriate level of the public debt, increase the surplus amount, and make other appropriate adjustments for such year. (Sec. 215) Authorizes the appropriate Budget Committee chairman, if the Senate Committee on Health, Education, Labor, and Pensions or the House Committee on Education and Workforce reports legislation that provides additional resources for legislation that repeals the replacement interest rate structure for student loans scheduled to occur on July 1, 2003, to increase the allocation of new budget authority and outlays to the committee by the amount provided by such legislation, with specified limitations and subject to the condition that such legislation, when taken together with all previously-enacted legislation (except that enacted pursuant to section 211), may not reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 216) Allows the appropriate Budget Committee chairman, if the Senate Finance Committee or House Ways and Means Committee reports legislation that provides health insurance for the uninsured, to revise committee allocations and other budgetary aggregates and allocations of new budget authority and outlays and to revise revenue aggregates and other aggregates and allocations by the amount provided by such legislation, with specified limitations and subject to the condition that such legislation, when taken together with all previously-enacted legislation (except that enacted pursuant to section 211), may not reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 217) Authorizes the Senate Budget Committee chairman, if the President submits a budget amendment and the Appropriations or Armed Services committees report legislation that provides additional resources for defense spending in response to the recommendations of the President's National Defense Review, to increase the allocation of new budget authority and outlays to the committee for FY 2002 by the amount provided by such legislation, provided that it does not, when taken together with all previously-enacted legislation (except that enacted pursuant to section 211), reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 218) Authorizes the House Budget Committee chairman, to adjust aggregates and committee allocations of new budget authority and outlays FY 2002 for a bill making appropriations for the Department of Defense (DOD) for FY 2002 and, for FY 2002 through 2011, for a bill making DOD appropriations, providing a prescription drug benefit, and other appropriate legislation. Bars such legislation, when taken together with all previously-enacted legislation (except that enacted pursuant to section 211), from reducing the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. Subtitle C: Miscellaneous Provisions - Provides for the application and effect of changes in allocations and aggregates made pursuant to this resolution. Sets forth provisions regarding enforcement of this resolution and the Congressional Budget Act of 1974 in the House and the Senate. Title III: Sense of the Senate and Congress Provisions - Subtitle A: Sense of the Senate - Expresses the sense of the Senate with respect to: (1) conservation funding; (2) increased funding for helping the neediest countries cope with HIV/AIDS and associated infectious diseases; (3) increased appropriations for consolidated health centers; (4) increased funding for Department of Justice State and local law enforcement grant programs; (5) Coast Guard funding; (6) funding for the national food safety infrastructure; (7) increased funding for renewable energy research and development; and (8) increased education funding. Subtitle B: Sense of the Congress - Expresses the sense of Congress regarding: (1) expansion of Individual Development Accounts for asset building of the working poor; (2) support of the Assistance to Firefighters grant program; (3) funding for graduate medical education conducted at independent children's teaching hospitals, emphasis on community health centers, and the Ryan White CARE Act; (4) concurrent retirement and disability benefits to retired members of the armed forces; (5) parallel adjustments of Federal civilian and military pay; and (6) deductibility of State sales tax.

Declares that the concurrent resolution on the budget for FY 2001 is revised and replaced. Sets forth the congressional budget for the Government for FY 2002, including the appropriate budgetary levels for FY 2003 through 2011. Lists recommended budgetary levels and amounts, for FY 2001 through 2011, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) surpluses; and (5) public debt. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY 2001 through 2011. (Sec. 4) Directs the House of Representatives Ways and Means Committee to report a reconciliation bill by May 2 and 23, and June 20, 2001, that consists of changes in law within its jurisdiction sufficient to reduce the total level of revenues by $1.6 trillion for the period of FY 2001 through 2011. Provides for additional submissions by other specified committees along with instructions to increase or reduce outlays or reduce revenues. Authorizes the House Budget Committee chairman (Budget Committee chairman) to increase budget authority and outlays if any such bill reported by the Ways and Means Committee has refundable tax provisions that increase outlays. (Sec. 5) Requires the joint explanatory statement of managers accompanying this resolution to include a separate allocation of $5.6 billion in new budget authority and $2.6 billion in outlays for emergencies for natural disasters for FY 2002 to the House Appropriations Committee. Permits the Appropriations Committee chairman, after the reporting of legislation by the Appropriations Committee to suballocate the amounts of such new budget authority and outlays allocated by the amount provided by the measure for an emergency, subject to certain conditions. Makes certain adjustment requirements under the Congressional Budget Act of 1974 with respect to emergencies inapplicable for: (1) FY 2001; or (2) FY 2002 or any subsequent fiscal year, except for emergencies affecting national security. (Sec. 6) Authorizes the Budget Committee chairman, no later than July 25, 2001, to increase allocations of new budget authority and outlays and adjust aggregates for FY 2002 for a bill making appropriations for the Department of Defense for FY 2002 and for any fiscal year for a bill to reauthorize title I of the Federal Agriculture Improvement Act of 1996 and other appropriate legislation reported by July 11, 2001, and legislation to provide for Medicare reform and a prescription drug benefit. Bars total adjustments from causing the surplus set forth in this resolution for any fiscal year, as adjusted, to be less than the surplus of the Federal Hospital Insurance Trust Fund for such year. (Sec. 7) Allows the Budget Committee chairman, whenever a reconciliation bill is reported under this resolution, to increase any allocations and aggregates of new budget authority and outlays for any of FY 2001 through 2011 up to the amount provided by the measure to reform Medicare and provide coverage for prescription drugs that is in excess of the instructions to the Energy and Commerce and Ways and Means committees under this resolution, with a specified limitation. (Sec. 8) Authorizes the Budget Committee chairman, subject to a limitation, to increase allocations of new budget authority and outlays and adjust aggregates for FY 2001 for reported legislation by the amount of: (1) such authority provided by a measure to eliminate shortfalls for the Department of Defense, for assistance for producers of program and specialty crops, and for other critical needs; and (2) reduction in revenue caused by such measure providing immediate tax relief. Prohibits the total adjustments from causing the surplus set forth in this resolution for such fiscal year to be less than the surplus of the Federal Hospital Insurance Trust Fund. (Sec. 9) Permits the Budget Committee chairman, whenever the Appropriations Committee reports legislation that provides new budget authority for FY 2002 in excess of $6.37 billion for programs authorized under the Individuals with Disabilities Education Act, to increase the allocations of such authority and outlays by the amount of such excess, with a specified limitation. (Sec. 10) Provides that if the Congressional Budget Office budget and economic outlook update for FY 2002 through 2011 estimates an on-budget surplus for any of such years that exceeds that set forth in the corresponding outlook for FY 2001, the Budget Committee chairman may, in an amount not to exceed the increase in the surplus for that fiscal year, reduce the recommended level of Federal revenues and make other adjustments for such year and/or reduce the appropriate level of the public debt, increase the surplus amount, and make other appropriate adjustments for such year. (Sec. 11) Provides for the application and effect of changes in allocations and aggregates made pursuant to this resolution. (Sec. 12) Requires the joint explanatory statement accompanying the conference report on any budget resolution to include in the allocation to the Appropriations Committee amounts for the discretionary administrative expenses of the Social Security Administration (SSA). Requires, in the House, that estimates of the level of total new budget authority and outlays provided by a measure pursuant to the Congressional Budget Act of 1974 include any discretionary amounts provided for the SSA. (Sec. 13) Requires advance appropriations to be scored as new budget authority for the fiscal year in which the appropriations are enacted, with an exception for those up to the levels specified in the joint explanatory statement of managers accompanying this resolution for identified programs which shall continue to be scored as new budget authority in the year in which they first become available for obligation. (Sec. 14) Expresses the sense of the House regarding: (1) parallel adjustments of Federal civilian and military pay; (2) expansion of Individual Development Accounts for asset building of the working poor; (3) support of the Assistance to Firefighters grant program; (4) deductibility of State sales tax; (5) funding for graduate medical education conducted at independent children's teaching hospitals, community health centers, and the Community Access Program; (6) Medicare emphasis on preventive medical services; (7) the Ryan White CARE Act; and (8) concurrent retirement and disability benefits to retired members of the armed forces.

Declares that the concurrent resolution on the budget for FY 2001 is revised and replaced. Sets forth the congressional budget for the Government for FY 2002, including the appropriate budgetary levels for FY 2003 through 2011. Title I: Recommended Levels and Amounts - Lists recommended budgetary levels and amounts, for FY 2001 through 2011, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) surpluses; (5) public debt; (6) debt held by the public; and (7) social security revenues, outlays, and administrative expenses. (Sec. 102) Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY 2001 through 2011. Expresses the sense of the Senate that the levels in this resolution assume that the Senate should pass a stimulus tax package that will result in a rebate of: (1) up to $500 per individual or $1,000 per couple for 95 million taxpayers who pay income tax; and (2) up to $500 for the 25 million taxpayers who pay payroll taxes but do not have income tax liability. (Sec. 103) Directs the Senate Finance Committee to report a reconciliation bill by May 18 and September 14, 2001, that consists of changes in laws within its jurisdiction sufficient to reduce the total level of revenues for the period of FY 2001 through 2011 by no more than the sum of the totals to reduce revenues set forth in this resolution and increase the total level of outlays by no more than $60 billion for the same period. Title II: Budget Enforcement and Rulemaking - Requires advance appropriations in the Senate to be scored as new budget authority in the fiscal year in which the appropriations are enacted and not the fiscal year in which funds become available for obligation, with an exception for those that, together with funding in the current year, provide full funding of a capital project. (Sec. 202) Requires the chairman of the Senate Budget Committee, whenever a bill or joint resolution becomes law that increases the discretionary spending limit for FY 2002 set out in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), to increase the section 302 allocation called for in the Congressional Budget Act of 1974 to the appropriate Appropriations Committee and to adjust all other budgetary aggregates and levels contained in this resolution, with a specified limitation. (Sec. 203) Authorizes the chairman of the Senate Budget Committee, if the Senate Finance Committee reports legislation to reform Medicare and improve the access of beneficiaries to prescription drugs, to revise committee allocations, aggregates, and allocations of budget authority and outlays in this resolution by the amount provided in such legislation, with a specified limitation. (Sec. 204) Provides for the application and effect of changes in allocations and aggregates made pursuant to this resolution. (Sec. 206) Authorizes the chairman of the House or Senate Budget Committee, if the Senate Finance Committee or House Committees on Ways and Means or Commerce reports legislation that repeals the 15 percent reduction in payments under the Medicare program to home health agencies enacted by the Balanced Budget Act of 1997 and scheduled to go into effect on October 1, 2002, to increase the allocation of new budget authority and outlays and other budgetary aggregates and levels by the amount needed, with specified limitations and subject to the condition that the legislation will not, when taken together with all previously-enacted legislation, reduce the on-budget surplus below the level of the Medicare Hospital Insurance Trust Fund (Medicare Trust Fund) surplus in any fiscal year covered by this resolution. (Sec. 207) Sets forth limitations on debate and consideration of amendments with respect to reconciliation bills and budget resolutions. (Sec. 208) Authorizes the chairman of the House or Senate Budget Committee, if the House or Senate Armed Services Committee reports the Department of Defense authorization bill and includes a provision to fund the payment of retired pay and compensation to disabled military retirees, to increase the allocation of new budget authority and outlays by the amount of such authority and outlays provided by the measure, with specified limitations and subject to the condition that the legislation will not, when taken together with all previously enacted legislation, reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 209) Authorizes the chairman of the Senate Budget Committee, if any bill reported by the Finance Committee has refundable tax provisions that increase outlays, to increase the amount of new budget authority and outlays allocated to such committee by the amount provided by such provisions and adjust the budget aggregates and reconciliation directions set forth in this resolution, but only to the extent that the resulting increase in outlays and reduction in revenues does not exceed amounts specified in this resolution. (Sec. 210) Adjusts the revenue levels and other aggregates in this resolution to reflect an additional $69 billion in revenue reductions for the period of FY 2002 through 2011. (Sec. 211) Adjusts the spending aggregates, functional totals, allocations and other levels in this resolution to reflect an additional $70 billion in budget authority and outlays for function 500 (Education, Training, Employment, and Social Services) for FY 2002 through 2011 and a reduction of such amount in revenue reductions (and an increase of such amount in total revenues) for such period. (Sec. 212) Authorizes the chairman of the Senate Budget Committee, if the Finance Committee reports legislation which provides States with the opportunity to expand Medicaid coverage for children with special needs, to revise committee allocations, budgetary aggregates, and allocations of new budget authority and outlays in this resolution by the amount provided by the measure for such purpose, with specified limitations and subject to the condition that such legislation will not, when taken together with all previously enacted legislation, reduce the on-budget surplus of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 213) Allows the chairman of the House or Senate Budget Committee, if the House or Senate Veterans' Affairs Committee reports a bill that increases the basic monthly benefit under the Montgomery G.I. Bill to reflect the increasing cost of higher education, to increase the allocation of new budget authority and outlays by the amount provided by that measure for that purpose, with specified limitations and subject to the condition that such legislation will not, when taken together with all previously enacted legislation, reduce the on-budget surplus of the Medicare Trust Fund surplus in any fiscal year covered by this resolution. (Sec. 214) Authorizes the Senate Budget Committee chairman, if the Committee on Energy and Natural Resources reports legislation that provides full, permanent mandatory funding for payments in lieu of taxes for entitlement lands and for refuge revenue sharing, to increase the aggregates, functional totals, allocations and other levels and limits in this resolution by specified amounts if such legislation will not, when taken together with all previously enacted legislation, reduce the on-budget surplus below the level of the Medicare Trust Fund surplus in any fiscal year provided in this resolution. Title III: Miscellaneous Provisions - Expresses the sense of the Senate with respect to: (1) conservation funding; (2) increased funding for helping the neediest countries cope with HIV/AIDS and associated infectious diseases; (3) increased appropriations for consolidated health centers; (4) increased funding for State and local law enforcement assistance; (5) Coast Guard funding; (6) funding for the national food safety infrastructure; and (6) funding for renewable energy research and development.

Declares that the concurrent resolution on the budget for FY 2001 is revised and replaced. Sets forth the congressional budget for the Government for FY 2002, including the appropriate budgetary levels for FY 2003 through 2011. Lists recommended budgetary levels and amounts, for FY 2001 through 2011, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) surpluses; and (5) public debt. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY 2001 through 2011. (Sec. 4) Directs the House of Representatives Ways and Means Committee to report a reconciliation bill by May 2 and 23, and June 20, 2001, that consists of changes in law within its jurisdiction sufficient to reduce the total level of revenues by $1.6 trillion for the period of FY 2001 through 2011. Provides for additional submissions by other specified committees along with instructions to increase or reduce outlays or reduce revenues. Authorizes the House Budget Committee chairman (Budget Committee chairman) to increase budget authority and outlays if any such bill reported by the Ways and Means Committee has refundable tax provisions that increase outlays. (Sec. 5) Requires the joint explanatory statement of managers accompanying this resolution to include a separate allocation of $5.6 billion in new budget authority and $2.6 billion in outlays for emergencies for natural disasters for FY 2002 to the House Appropriations Committee. Permits the Appropriations Committee chairman, after the reporting of legislation by the Appropriations Committee to suballocate the amounts of such new budget authority and outlays allocated by the amount provided by the measure for an emergency, subject to certain conditions. Makes certain adjustment requirements under the Congressional Budget Act of 1974 with respect to emergencies inapplicable for: (1) FY 2001; or (2) FY 2002 or any subsequent fiscal year, except for emergencies affecting national security. (Sec. 6) Authorizes the Budget Committee chairman, no later than July 25, 2001, to increase allocations of new budget authority and outlays and adjust aggregates for FY 2002 for a bill making appropriations for the Department of Defense for FY 2002 and for any fiscal year for a bill to reauthorize title I of the Federal Agriculture Improvement Act of 1996 and other appropriate legislation reported by July 11, 2001, and legislation to provide for Medicare reform and a prescription drug benefit. Bars total adjustments from causing the surplus set forth in this resolution for any fiscal year, as adjusted, to be less than the surplus of the Federal Hospital Insurance Trust Fund for such year. (Sec. 7) Allows the Budget Committee chairman, whenever a reconciliation bill is reported under this resolution, to increase any allocations and aggregates of new budget authority and outlays for any of FY 2001 through 2011 up to the amount provided by the measure to reform Medicare and provide coverage for prescription drugs that is in excess of the instructions to the Energy and Commerce and Ways and Means committees under this resolution, with a specified limitation. (Sec. 8) Authorizes the Budget Committee chairman, subject to a limitation, to increase allocations of new budget authority and outlays and adjust aggregates for FY 2001 for reported legislation by the amount of: (1) such authority provided by a measure to eliminate shortfalls for the Department of Defense, for assistance for producers of program and specialty crops, and for other critical needs; and (2) reduction in revenue caused by such measure providing immediate tax relief. Prohibits the total adjustments from causing the surplus set forth in this resolution for such fiscal year to be less than the surplus of the Federal Hospital Insurance Trust Fund. (Sec. 9) Permits the Budget Committee chairman, whenever the Appropriations Committee reports legislation that provides new budget authority for FY 2002 in excess of $6.37 billion for programs authorized under the Individuals with Disabilities Education Act, to increase the allocations of such authority and outlays by the amount of such excess, with a specified limitation. (Sec. 10) Provides that if the Congressional Budget Office budget and economic outlook update for FY 2002 through 2011 estimates an on-budget surplus for any of such years that exceeds that set forth in the corresponding outlook for FY 2001, the Budget Committee chairman may, in an amount not to exceed the increase in the surplus for that fiscal year, reduce the recommended level of Federal revenues and make other adjustments for such year and/or reduce the appropriate level of the public debt, increase the surplus amount, and make other appropriate adjustments for such year. (Sec. 11) Provides for the application and effect of changes in allocations and aggregates made pursuant to this resolution. (Sec. 12) Requires the joint explanatory statement accompanying the conference report on any budget resolution to include in the allocation to the Appropriations Committee amounts for the discretionary administrative expenses of the Social Security Administration (SSA). Requires, in the House, that estimates of the level of total new budget authority and outlays provided by a measure pursuant to the Congressional Budget Act of 1974 include any discretionary amounts provided for the SSA. (Sec. 13) Requires advance appropriations to be scored as new budget authority for the fiscal year in which the appropriations are enacted, with an exception for those up to the levels specified in the joint explanatory statement of managers accompanying this resolution for identified programs which shall continue to be scored as new budget authority in the year in which they first become available for obligation. (Sec. 14) Expresses the sense of the House regarding: (1) parallel adjustments of Federal civilian and military pay; (2) expansion of Individual Development Accounts for asset building of the working poor; (3) support of the Assistance to Firefighters grant program; (4) deductibility of State sales tax; (5) funding for graduate medical education conducted at independent children's teaching hospitals, community health centers, and the Community Access Program; (6) Medicare emphasis on preventive medical services; (7) the Ryan White CARE Act; and (8) concurrent retirement and disability benefits to retired members of the armed forces.

Sets forth the congressional budget for the Government for FY 2002, including the appropriate budgetary levels for FY 2003 through 2011. Lists recommended budgetary levels and amounts, for FY 2001 through 2011, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) surpluses; and (5) public debt. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY 2001 through 2011. Sets forth committee reconciliation instructions. Provides for certain reserve funds, including those for emergencies, Medicare reform and prescription drug coverage, special education, tax cuts, and debt reduction.

Declares that the concurrent resolution on the budget for FY 2001 is revised and replaced. Sets forth the congressional budget for the Government for FY 2002, including the appropriate budgetary levels for FY 2003 through 2011. Lists recommended budgetary levels and amounts, for FY 2001 through 2011, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) surpluses; and (5) public debt. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY 2001 through 2011. (Sec. 4) Directs the House of Representatives Ways and Means Committee to report a reconciliation bill by May 2 and 23, and June 20, 2001, that consists of changes in law within its jurisdiction sufficient to reduce the total level of revenues by $1.6 trillion for the period of FY 2001 through 2011. Provides for additional submissions by other specified committees along with instructions to increase or reduce outlays or reduce revenues. Authorizes the House Budget Committee chairman (Budget Committee chairman) to increase budget authority and outlays if any such bill reported by the Ways and Means Committee has refundable tax provisions that increase outlays. (Sec. 5) Permits the Budget Committee chairman, after the reporting of legislation by the Appropriations Committee that contains an amount for an emergency, to increase the allocation of new budget authority and outlays for FY 2002 by such amount, with a specified limitation. Makes certain adjustment requirements under the Congressional Budget Act of 1974 with respect to emergencies inapplicable for: (1) FY 2001; or (2) FY 2002 or any subsequent fiscal year, except for emergencies affecting national security. (Sec. 6) Authorizes the Budget Committee chairman, no later than July 25, 2001, to increase allocations of new budget authority and outlays and adjust aggregates for FY 2002 for a bill making appropriations for the Department of Defense for FY 2002 and for any fiscal year for a bill to reauthorize title I of the Federal Agriculture Improvement Act of 1996 and other appropriate legislation reported by July 11, 2001. Bars total adjustments from causing the surplus set forth in this resolution for any fiscal year, as adjusted, to be less than the surplus of the Federal Hospital Insurance Trust Fund for such year. (Sec. 7) Allows the Budget Committee chairman, whenever a reconciliation bill is reported under this resolution, to increase any allocations and aggregates of new budget authority and outlays for any of FY 2001 through 2011 up to the amount provided by the measure to reform Medicare and provide coverage for prescription drugs that is in excess of the instructions to the Energy and Commerce and Ways and Means committees under this resolution, with a specified limitation. (Sec. 8) Authorizes the Budget Committee chairman to increase allocations of new budget authority and outlays and adjust aggregates for FY 2001 for reported legislation by the amount of such authority provided by a measure to eliminate shortfalls for the Department of Defense, for assistance for producers of program and specialty crops, and for other critical needs, with limitations. Prohibits the total adjustments from causing the surplus set forth in this resolution for such fiscal year to be less than the surplus of the Federal Hospital Insurance Trust Fund. (Sec. 9) Permits the Budget Committee chairman, whenever the Appropriations Committee reports legislation that provides new budget authority for FY 2002 in excess of $6.37 billion for programs authorized under the Individuals with Disabilities Education Act, to increase the allocations of such authority and outlays by the amount of such excess, with a specified limitation. (Sec. 10) Provides that if the Congressional Budget Office budget and economic outlook update for FY 2002 through 2011 estimates an on-budget surplus for any of such years that exceeds that set forth in the corresponding outlook for FY 2001, the Budget Committee chairman may, in an amount not to exceed the increase in the surplus for that fiscal year, reduce the recommended level of Federal revenues and make other adjustments for such year and/or reduce the appropriate level of the public debt, increase the surplus amount, and make other appropriate adjustments for such year. (Sec. 11) Provides for the application and effect of changes in allocations and aggregates made pursuant to this resolution. (Sec. 12) Requires the joint explanatory statement accompanying the conference report on any budget resolution to include in the allocation to the Appropriations Committee amounts for the discretionary administrative expenses of the Social Security Administration (SSA). Requires, in the House, that estimates of the level of total new budget authority and outlays provided by a measure pursuant to the Congressional Budget Act of 1974 include any discretionary amounts provided for the SSA. (Sec. 13) Requires advance appropriations to be scored as new budget authority for the fiscal year in which the appropriations are enacted, with an exception for those in excess of the levels specified in the joint explanatory statement of managers accompanying this resolution for identified programs which shall continue to be scored as new budget authority in the year in which they first become available for obligation. (Sec. 14) Expresses the sense of the House regarding: (1) parallel adjustments of Federal civilian and military pay; (2) expansion of Individual Development Accounts for asset building of the working poor; (3) support of the Assistance to Firefighters grant program; (4) deductibility of State sales tax; (5) funding for graduate medical education conducted at independent children's teaching hospitals, community health centers, and the Community Access Program; (6) Medicare emphasis on preventive medical services; (7) the Ryan White CARE Act; and (8) concurrent retirement and disability benefits to retired members of the armed forces.