Establishing the congressional budget for the United States Government for fiscal year 2007 and setting forth appropriate budgetary levels for fiscal years 2008 through 2011.

[AI summary unavailable — showing source text] Sets forth the congressional budget for the federal government for FY2007, including the appropriate budgetary levels for FY2008-FY2011. Lists recommended budgetary levels and amounts for FY2007-FY2011 with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits (on-budget); (5) debt subject to limit; and (6) debt held by the public. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY2007-FY2011. Sets forth reconciliation instructions for the Committees on: (1) Agriculture; (2) Armed Services; (3) Education and the Workforce; (4) Financial Services; (5) International Relations; (6) the Judiciary; (7) Transportation and Infrastructure; and (8) Ways and Means. Provides for certain reserve funds for: (1) disposal of underutilized federal real property; (2) reauthorization of the Secure Rural Schools and Community Self-Determination Act; (3) calendar year 2007 alternative minimum tax relief; (4) the National Flood Insurance Program; and (5) revision of the regulation of government-sponsored enterprises. Prohibits House legislation that would require advanced appropriations, with a specifi…