Federal Capital Investment Budget Act of 1983

[AI summary unavailable — showing source text] Title I: Revisions of the Congressional Budget Process - Amends the Congressional Budget Act of 1974 to require the first concurrent resolution on the budget for each fiscal year to set forth the budgets for each of the next two ensuing fiscal years. Amends the Budget and Accounting Act, 1921, to require that the presidential budget set forth an explanation and summary of the differences between it and the congressional budget contained in the most recently agreed to concurrent resolution on the budget. Amends the Congressional Budget Act of 1974 to provide for the annual adoption of one concurrent resolution on the budget. Repeals the requirement of a second concurrent resolution on the budget. Allows the Committees on the Budget of the two Houses of Congress to confer and reach agreement on reestimates to the most recent budget resolution. Requires such Committees to jointly publish a report explaining the nature of the reestimates. Revises the reconciliation process to include reconciliation directions if needed in the first budget resolution. Requires completion of the reconciliation process within 60 days. Makes the budget resolution binding. Reforms the appropriations process…