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

Summary

TABLE OF CONTENTS: Title I: Amendment to Title 31, United States Code Title II: Amendment to Congressional Budget Act of 1974 Title III: Effective Date Title I: Amendment to Title 31, United States Code - Amends Federal law to require that any budget submitted by the President not be in deficit. Provides that if the President determines that a balanced budget is not feasible, and submits written reasons in support of such determination, then the President may submit two budgets, one in compliance and one in deficit. Title II: Amendment to Congressional Budget Act of 1974 - Amends the Congressional Budget Act of 1974 to require that any budget submitted by the congressional Budget Committees not be in deficit. Provides that if either committee determines that it is infeasible to submit a balanced budget, then such committee may submit two budgets, one of which is in deficit, together with written reasons for such determination. Requires each concurrent resolution on the budget to contain reconciliation directives necessary to implement the resolution. Sets forth requirements for the Committee on Rules of the House of Representatives, if it reports any rule or order providing for the consideration of any concurrent resolution on the budget. Makes it always in order in the Senate to consider a budget resolution consisting of the text of a budget submitted by the President. Title III: Effective Date - Makes this Act effective for the concurrent resolution on the budget for FY 1997.

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

Timeline

1. 19 January 1995

   Introduced

   Referred to the Committee on Government Reform and Oversight, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 19 January 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 January 1995

   Introduced

   Introduced in House

   Source: IntroReferral

4. 19 January 1995

   Introduced

   Referred to the Committee on Government Reform and Oversight, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

5. 19 January 1995

   Introduced

   Sponsor introductory remarks on measure. (CR H376)

   Source: IntroReferral

6. 27 January 1995

   Introduced

   Sponsor introductory remarks on measure. (CR H833)

   Source: IntroReferral

7. 31 January 1995

   Referred

   Referred to the Subcommittee on Government Management, Information and Technology.

   Source: Committee

8. 27 April 1995

   Referred

   Referred to the Subcommittee on the Legislative and Budget Process.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 19 January 1995 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 19 January 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 19 January 1995

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 January 1995

  Open at official source

Sponsors

• Rep. Bentsen, Ken [D-TX-25] · D · Sponsor
• Rep. Bryant, John W. [D-TX-5] · D · Cosponsor
• Rep. Fattah, Chaka [D-PA-2] · D · Cosponsor
• NITA LOWEY · D · Cosponsor
• · hsru00 · Standing
• · hsgo00 · Standing
• · hsbu00 · Standing

Related records

No cross-record relationships stored yet.