A bill to amend the Congressional Budget Act of 1974 to require a budget surplus whenever the national unemployment rate drops below 4 1/2 percent.

Summary

Revises the Congressional Budget Act to require that there be a surplus in the Congressional budget for the United States Government for any fiscal year in which the projected national unemployment rate is less than 4 1/2 percent. Requires that all concurrent resolutions on the budget reflect such revision.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 31 October 1975

   Introduced

   Referred to House Committee on Rules.

   Source: IntroReferral

2. 31 October 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 31 October 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 31 October 1975

  Open at official source

Sponsors

• Rep. Baucus, Max [D-MT-1] · D · Sponsor
• · hsru00 · Standing

Related records

• related to ← A bill to amend the Congressional Budget Act of 1974 to require a budget surplus whenever the national unemployment rate drops below 4 1/2 percent.