An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2008 and including the appropriate budgetary levels for fiscal years 2007 and 2009 through 2012.

[AI summary unavailable — showing source text] Sets forth the congressional budget for the federal government for FY2008, including the appropriate budgetary levels for FY2007 and FY2009-FY2012. Lists recommended budgetary levels and amounts, for FY2007-FY2012, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) public debt; and (6) debt held by the public. Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security and specified major functional categories for FY2007-FY2012. Makes it out of order to consider in the Senate any: (1) direct spending or revenue legislation increasing the on-budget deficit or causing an on-budget deficit for any one of specified applicable time periods; (2) reconciliation legislation increasing the deficit or reducing a surplus; or (3) legislation increasing long-term deficits. Continues the supermajority enforcement requirements of the Congressional Budget Act of 1974 as a Senate rule through FY2017. Prohibits Senate legislation that would: (1) require advanced appropriations, with a specified exception; or (2) cause the discretionary spending limits in this resolution to be exceeded. Establishes …