A bill to amend the Congressional Budget Act of 1974 to impose limits on the amount of total budget outlays contained in concurrent resolutions on the budget, and for other purposes.

openUnited States· United States Congress· EN

Introduced

16 November 1981

Last action

—

Status

Committee on Governmental Affairs requested executive comment from GAO; CBO; OMB; Council of Economic Advisers.

Summary

Amends the Congressional Budget Act of 1974 to limit the level of total budget outlays in any concurrent resolution on the budget to 20 percent of the gross national product by fiscal year 1987. Makes it in order to consider a concurrent resolution containing budget outlays which exceed the specified limits within a specified "margin of error." Imposes reporting requirements upon the President and the congressional budget committees with respect to this requirement.

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Documents

1 official file

Introduced in Senate
summary · EN · 16 November 1981
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/senate-bill/1848
Open data entity: https://api.congress.gov/v3/bill/97/s/1848