Spending Reform Act of 2008

[AI summary unavailable — showing source text] Spending Reform Act of 2008 - Amends the Congressional Budget Act of 1974 to require the concurrent budget resolution to include discretionary spending limit for five successive fiscal years. Sets forth points of order against consideration of legislation in Congress (currently, only the Senate) that would exceed for any fiscal year discretionary spending limit established in the most recent concurrent budget resolution for that fiscal year (currently, the Balanced Budget and Deficit Control Act of 1985 [Gramm-Rudman-Hollings Act]). Makes such point of order inapplicable if a declaration of war by Congress is in effect. Sets forth points of orders for consideration of certain concurrent budget resolutions. Establishes discretionary spending limit for FY2009 as the number set forth in the FY2009 budget resolution. Permits waivers or suspension of such requirements, or successful appeals from rulings of the Chair, only by an affirmative vote of three-fifths (60) of the Senate. Establishes the Federal Agency Sunset Commission to review and report to Congress on the efficiency and public need for each federal agency, recommending abolishment or reorganization. Provides for relocation o…