Revising the congressional budget for the United States Government for fiscal year 1998, establishing the congressional budget for the United States Government for fiscal year 1999, and setting forth appropriate budgetary levels for fiscal years 2000, 2001, 2002, and 2003.

[AI summary unavailable — showing source text] Revises and replaces the concurrent resolution on the budget for FY 1998. Sets forth the congressional budget for the Government for FY 1999, including appropriate budgetary levels for FY 2000 through 2003. Lists recommended budgetary levels and amounts, for FY 1998 through 2003, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; and (5) public debt. Sets forth the appropriate levels of new budget authority and budget outlays for specified major functional categories for FY 1998 through 2003. Establishes a deadline for the submission of specified House committee recommendations on changes in laws that provide direct spending to the House Budget Committee. Requires the House Budget Committee to report to the House a reconciliation bill carrying out such recommendations without substantive revision. Authorizes the chairman of the Budget Committee, upon the reporting in the House of, or filing of a conference report with respect to, a measure that provides: (1) funds for personal retirement savings accounts for individuals, to increase appropriate allocations and aggregates of new budget authority and outlays for FY 1999 through 2003 by …