Section references the definition of 'deficit' as given in 2 U.S.C. 622 (section 3 of the Congressional Budget and Impoundment Control Act of 1974). It does not amend the provision; it relies on that statutory definition for the term 'deficit'.

Section acknowledges and operates notwithstanding the Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.), referencing that law but not making amendments to it.

Section uses the definition of 'budgetary resources' from section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (cited as 2 U.S.C. 900(c)) and refers to sequestration-related definitions; it references but does not modify 2 U.S.C. 900.

Section exempts Medicare under title XVIII (42 U.S.C. 1395 et seq.) from 'covered budgetary resources', thereby referencing provisions of 42 U.S.C. 1395 but not amending them.

Section exempts the old-age, survivors, and disability insurance program under title II (42 U.S.C. 401 et seq.) from 'covered budgetary resources', referencing those trust fund provisions but not changing them.