A bill to require that the President transmit to the Congress, and that the congressional Budget Committees report, a balanced budget for each fiscal year.

Summary

Requires the President to transmit to the Congress, and the Committee on the Budget of each House to report to the Congress, a balanced budget for each fiscal year beginning with FY 1989. Authorizes the President or Budget Committees to submit alternative budgets providing for a surplus or deficit upon determining that a balanced budget would be inappropriate for a fiscal year. Requires any alternative budget to include a comprehensive plan to balance the budget.

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Documents

1 official file

• Introduced in House

  summary · EN · 6 January 1987

  Open at official source

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