A bill to amend the Congressional Budget Act of 1974 to require a balanced budget Act of 1974 to require a balanced budget within 5 years, in accordance with a schedule gradually reducing the maximum amount of the deficit which is permitted under the congressional budget process.

Summary

Requires, under the Congressional Budget Act of 1974, that the Federal budget deficit for fiscal years 1977-1980 must be a specified decreasing percentage of the deficit for fiscal year 1976. 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

1. 18 March 1976

   Introduced

   Referred to House Committee on Rules.

   Source: IntroReferral

2. 18 March 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 March 1976

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 18 March 1976

  Open at official source

Sponsors

• Rep. Rogers, Paul G. [D-FL-11] · D · Sponsor
• · hsru00 · Standing

Related records

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