A bill to amend the Congressional Budget Act of 1974 to require a balanced budget within three years, in accordance with a schedule gradually reducing the maximum amount of the deficit which is permitted under the congressional budget process.

referredUnited States· United States Congress· EN

Introduced

22 January 1979

Last action

—

Status

Referred to House Committee on Rules.

Summary

Amends the Congressional Budget Act of 1974 to limit the Federal budget deficit for fiscal years 1980 and 1981 to a specified decreasing percentage of the deficit for fiscal year 1979. States that beginning with fiscal year 1981 Congress may not consider a Federal budget which includes a deficit.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 22 January 1979
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/96th-congress/house-bill/1255
Open data entity: https://api.congress.gov/v3/bill/96/hr/1255