4 1 A vacancy in the membership of the committee shall be 2 filled in the manner in which the original appointment was 3 made." 4 (b) Rule X of the Rules of the House of Representa 5 tives is amended by adding at the end thereof the following 7 "6. (a) The Chairman of the Committee on the Budget 8 during each even-numbered year shall be selected by the 9 Committee on the Budget from among the Members who are members of the Committee on Appropriations; during 11 each odd-numbered year he shall be selected by the Com12 mittee on the Budget from among the Members who are 13 members of the Committee on Ways and Means. 10 14 “(b) The chairmanship of the Committee on the Budget 15 shall not be taken into account in applying any rule or 16 policy which prohibits a Member from holding more than one chairmanship; and membership on the committee shall 18 not be taken into account in applying any rule or policy 19 prohibiting a Member from serving on more than one major 20 committee. 17 17 21 "(c) For carrying out the purposes set forth in clause 22 5 of Rule XI, the Committee on the Budget or any sub23 committee thereof is authorized to sit and act at such times 24 and places within the United States, whether the House 25 is in session, has recessed, or has adjourned, to hold such 5 1 hearings, to require the attendance of such witnesses and 2 the production of such books or papers or documents or 3 vouchers by subpena or otherwise, and to take such testi4 mony and records, as it deems necessary. Subpenas may be 5 issued over the signature of the chairman of the committee 6 or of any member of the committee designated by him, 7 and may be served by any person designated by such chair 8 man or member. The chairman of the committee, or any 9 member thereof, may administer oaths to witnesses." 10 (c) Rule XI of the Rules of the House of Representa 11 12 tives is amended by redesignating clauses 5 through 33, in clusive, as clauses 6 through 34, respectively, and by insert13 ing after clause 4 the following new clause: 14 "5. Committee on the Budget 15 "(a) The establishment of an overall limitation on 16 budget outlays, and an overall limitation on new budget au17 thority, of the United States Government. 18 19 "(b) The determination of the overall level of Federal revenues, and the overall level of the public debt of the 20 United States, to be associated with the budget outlay limita 21 tion referred to in paragraph (a). 223 "(c) The determination of the appropriate level of sur 23 plus or deficit in the budget in the light of economic condi 24 tions and such other factors as may be relevant to that 25 determination. 6 1 "(d) The allocation of the overall limitation on budget 2 outlays, and the overall limitation on new budget authority, 3 among the committees of the House, and the further sub4 dividing of such allocations by subcommittees or by programs 5 and activities. 6 7 8 9 10 11 121 13 31 14 15 16 "(e) The committee shall have the duty "(1) to report during each regular session of Congress at least two concurrent resolutions dealing with the matters specified in paragraphs (a), (b), (c), and (d), and "(2) to make continuing studies of the effect on budget outlays of existing and proposed legislation and to report the results of such studies to the House on a recurring basis." SEC. 112. BUDGET COMMITTEE OF THE SENATE. (a) Paragraph 1 of Rule XXV of the Standing Rules of 17 the Senate is amended by adding at the end thereof the fol18 lowing new subparagraph: 19 "(r) (1) Committee on the Budget, to which committee 20 shall be referred all proposed legislation, messages, petitions, 21 memorials, and other matters relating to the following sub 22 jects: 23 24 25 26 "(A) The establishment of an overall limitation on budget outlays, and an overall limitation on new budget authority, of the United States Government. "(B) The determination of the overall level of Fed 7 1 2 3 4 5 6 7 8 9 10 eral revenues, and the overall level of the public debt of the United States, to be associated with the budget outlay limitation referred to in clause (A). "(C) The determination of the appropriate level of surplus or deficit in the budget in the light of economic conditions and such other factors as may be relevant to that determination. "(D) The allocation of the overall limitation on budget outlays, and the overall limitation on new budget authority, among the committees of the Senate, and the 11 further subdividing of such allocations by subcommittees or by programs and activities. "(2) Such committee shall have the duty "(A) to report during each regular session of Con gress at least two concurrent resolutions dealing with the matters specified in subparagraph (1), and "(B) to make continuing studies of the effect on budget outlays of existing and proposed legislation and to report the results of such studies to the Senate on a recurring basis.". (b) Rule XXV of the Standing Rules of the Senate is amended by adding at the end thereof the following new paragraph: "8. (a) The Committee on the Budget shall consist of 15 members as follows: 1 2 3 4 5 6 7 8 8 "(1) five members who are members of the Committee on Appropriations, to be chosen by such com mittee, "(2) five members who are members of the Committee on Finance, to be chosen by such committee, and "(3) five additional members, to be appointed by the President pro tempore of the Senate. 9 A vacancy in the membership of the committee shall be 10 filled in the manner in which the original appointment was 11 made. 12 "(b) The chairman of the committee during each even13 numbered year shall be selected by the committee from 14 among the members who are members of the Committee on 15 Finance, and during each odd-numbered year shall be se16 lected by the committee from among the members who are 17 members of the Committee on Appropriations. 18 "(c) Paragraph 6 shall not apply to the Committee on 19 the Budget, and for purposes of such paragraph, service of 20 a Senator as a member of the committee, or as chairman 21 of the committee, shall not be taken into account." 22 2 33 PART 2-CONGRESSIONAL BUDGET 23 SEC. 121. ADOPTION OF CONGRESSIONAL BUDGET. 24 (a) ACTION TO BE COMPLETED BY MAY 1.-On or 25 before May 1 of each year, the Congress shall complete ac |