A bill to amend the Budget and Accounting Act, 1921, to provide for the retirement of the public debt by setting aside the first 5 per centum of the budget receipts of the United States for each fiscal year for the sole purpose of retirement of obligations counted as part of the public debt.

Summary

Provides for the retirement of the public debt by setting aside the first 5 percent of the budget receipts of the United States for each fiscal year (except in time of war) for the sole purpose of retirement of obligations counted as part of the public debt. (Amends 31 U.S.C. 11)

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

Timeline

1. 3 January 1973

   Introduced

   Referred to House Committee on Government Operations.

   Source: IntroReferral

2. 3 January 1973

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 January 1973

   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 · 3 January 1973

  Open at official source

Sponsors

• Rep. Haley, James A. [D-FL-8] · D · Sponsor
• · hsgo00 · Standing

Related records

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