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

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Levels and Amounts Title II: Reconciliation Instructions Title III: Budget Enforcement Title IV: Sense of Congress Provisions Establishes the congressional budget for the Government for FY 1998. Sets forth appropriate budgetary levels for FY 1999 through 2002. Title I: Levels and Amounts - Lists recommended budgetary levels and amounts, for FY 1998 through 2002, with respect to: (1) Federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) public debt; (6) new direct loan obligations; and (7) new primary loan guarantee commitments. (Sec. 102) Lists the appropriate levels of new budget authority, budget outlays, new direct loan obligations, and new primary loan guarantee commitments for each of specified major functional categories for FY 1998 through 2002. Title II: Reconciliation Instructions - Establishes reconciliation procedures. Provides instructions for two separate reconciliation bills, one for entitlement reforms and the other for tax relief and miscellaneous reforms. Permits the consideration of one omnibus reconciliation bill, in the event Senate procedures preclude the consideration of two separate bills. Sets forth dea…